HomeMy WebLinkAbout0105 . f^\_ . ~ ~
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. CHATTEL MORTGAGE `
' ~oss~r e: YOXALL 14~~06 ~r
Yort~aaoey Nams
St. Lucie Country Club & Villas
t~..~ ~
~ Port St . Luci e 33450 ~~~~N
aI
St. Lucie . ~ ~ Florida
The undeni~ued 1~ortl~or. whase address 4~iven ubave, to secure psya~eat oi the indebtednea herdnatt~ deserlbed.
henby tr+uts. bu~aiat, setis and conveys w~'BE FItS? NATlONAI. DAI~ O~' l[1AMJ. ~tluY. 1'lrriia. its aucoNSOn aAd
sssi~ns Ibesainatter reterred to u Mort~a~ee). the followin~ chattel os chatte4:
cb~ nd.+.n.M.....dd...e.a~ e1o.. ,.a J~ +..e.io~io.) tl....t r.r loo.lie.)
1964 Cessna 210 Centurion Based at ~iit ham Field
~ Stuart, Florida ~~QS~s
Serial #21058429 ~ri~0~~o~°a~
N-3929 Y ~`~ea'~~ i
~~t aad tutnrs a~b. aooes~odes. rePlaoements and e4 ot, ~dter r~+e~ Lo M"~Wl~";
-bs u~od snct Icept at the iocations iadicated ard shaU not b~oome~pa~ct ot the traobold.
Aod tbe tsid Qr~p~ ooYenan4 tlut lt o~ aid chattets, iree trom all cWms wd aowmbraaoet, ~od f~ tr+j'~allN ~q
tlW tbe~slo. atld ~dJll deterd tbe same a~ain~t the la'riul ~laims d all persoa~i tnho~ootoevei. _ ~d ,
PsO~ided ~iw~7s. that it tbs l[a~a~ rhaU pa~ wa~o the Yort~ee that o~rtaia l~stsUa~eat P~! I~ot~s +o~ Na1 d~tt~ ~
# Iw[e~ith in Ebe pria~iWl ~mount ot ~ 21,123.23 wi~ contai~ a P~a?~+ioe tor aooe1erat~ the mttw~it~
and w~irin~~q~sa ttneut for p~nent. demand. notics a[ noApsYment, notice ot prot~st ~nd protat, and ttisll perEor4,
~ ~rith aod sbids by pch and ev
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~ap. the~ Wi~ maet~a~e sad N~e atate 6ereb~ auted iball eease and b~ aWl aed toid.
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b~? eo+~eas~~ts and sgrees:
L To p~,~ all anil aa~ul~t ths P~P+~ sod lnt~reat snd etha wa4s o~ aaae~ ps~able M~ittwe d aid pro~miqory ao~
aad thia ~ewet~~e, ot eiW . pcomptly aad un tbe da,YS respeetirel~' We ame sevaraU7 ~ecome due.
?o ~r aU sal sinYular Rhe taus. levles. liabiJitia, obli~ations aad eacumbtana~ ot sreqr pature ~oE~ 9~ h~er~
dter lropoied, pls~ad, le+?ted ~nd st~sed ou uid dektibed ti~att~ls.
i. To pa~ W and ~in~ulu tbs oosts, cbar~es wd w~peu~oa, includin~ reawnable attor~y~s f~, ~hetl~er 1f obii-
~atad Wtreter ot not. beeause at the Eailure oa the Du't ~ 3[ort~a~r' to perform. canPl~ v?itb a~+~ abide b~ ea~~ery tb~
di~ul~ioa~. a~nea4. eouditions and eoveoanta af satd note utd t6is mortga~e. ,ot etther.
4. To k*ep the ehs?ttels described heretn ia~sured ag,ain~t s~de risks and in such amounts as Yaiga~ee wqr , in s
Yock Ftaodard l~e~e ~ aPPi'a?~ bY Yo~t~ee and tLe policY aR Vul'?des he1d by aod p~yaDM tp llort,~ay~e . I~1ew
Clsuse attu~?Cd).
and t6o mal~s~ao IUesa~l
~ d~ ~n ~~~D~'• ~ P~~• oommit ar a~a tw wa~ta, ~m3~'~t ~oc ~eria'stios.
a. To lr~ep tha ebattels desesibed ha~in at the ToeaNoas ~d forth above and nok t4 reaqve the ~arae fr+oan +aid ~o~4ons, -
ase tar hire. ar~p eguipment or aoceswries to be attached to a used with said ehattds, title to is retained bY the
rella. rrlWout t6e rpr~w~r?ttee oonsent of 1[ort~s~ce. It tbe chattela described herein ~nclnde a mW,or sehi,cle, t6e i(oct~ag,or
I~ wilt kcep tLe ame H tLe Location set ta~th above witl~respect thereto, ezcept when in ordiosry u~e, and w?ill nof chang~e sttcb
I locstion ar t+emo~e tbs rduele from We oouptr in vvbich located without We p~riar vrritcea oomeat of the lto=t~.
7. 1b pert~. eomP1Y with and sbide by each ~ad ever~y tbeJtiP~~~. aoaditlaos snd oovenants ia said
promissor~ note tnd Ia tbis tnortBag~ Ii 1lortgagor s~ball fail ts ~erform, comp~r ~vit6 and abide by said sgreemeq4. co~it+oao~
a~ eovenants, liarl$a~r»a1, a~ ib option. without walving ~n of ita dghts 6ereunder ~o upd Perfotm s»~? af wcl~ asts or
at
tbinss on Y s . and any awneys advsuoed or w1d r Mor~a~ in ao doi.ng s6,ll be aecy~ed ~y tb~ ~a oE tl~
moct~af~e ~nd~beu intetre~t ~rom tl~e date tbereof at the raLe ol d~?t pe~ centum pqr an~un~.
~ e. u .e .aia .u~ at monr, ti~du Kce~rea co be ~c pro~pt,, ana rula w~a .~e. mR ..roe se.enll, beooo~e aue aaa
ONabM. o~~ [~tg pooaues in:olveat„ era~es to do bndness as a Roie!~ coaoern, a petitioa in bantruptc~? or fa~ arrsnRe-
ment or reo~pe~n~
dz~~ogn
b~ liled b~ ot~gaind l[ortBaHo~'. the chattels ot 1[artga~ar be ad~d~ed er reoe3ver be ~ppoipted tor ltort-
gag,ot, ae K~artgagoc sh~ti sell. sent, lend, eecumber at ttanKer aay d the chattels sncumbered ke~~ sitbout ~eat ~obt~inbs4
~ ' !be pritttA soneeat ot 1[ortgsgee. or ii s.a~ proceediag drall be in~tated ~Batiut the duttels ow.~b~r this mwtg,~e uPon
~ aWr ~)ia~ or daim whether aUegeB to 6e suPrrlor or inf~iar to the 1len ot this eeortgage. or ff e~eb and eyie~+ ths atip~ela-
t~ons. a~r+ee~nts. conditioer aad eovenaats oi said promissorr note and tLis enartga~e,~ ar dt~er, are not d~l~r su~ iW3~?~r
~ tormed. eoanp~~ w~tth and abided b~. the aid ag~egste aum mentioned fn s~id ~ot~e then rernaininR pnDaid. wEtL aecrued ip-
trre~t and all otiur suaas s~ured 6erebr. duli broome dne and p~bk torU~w~ffi or thereaiter at tl?e option ot l[crtg,~lGee as
iWI,~ and ~osmpletel~ a H tbe aid wms ~e~e aiglnaly stlpulated to be paid on snc~ date. anyt~in~ 1n said pnomi~g~r aotc a
~ har~a to t6e eontraq botwl~andin~. .
~ 9. 71ut an rdvar nor chs~gs ~eceia shdl be biadiaa opon llore6a~s ualess io wrltir~ d~sd by Qae d ita of~oan tisreptw
! ~rty rt~t~osd, ~d Mostsaaet at ita optioa ar take posressia~ of tia ciatteL Mceio peadi~ toreclo~re v[ th~s owt-
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; ~N 111Ti~'SS wiiEREOF. agor jas ezecoted aad sealea tbis ~ott e o. ~"~~h 31, _ ~gb6
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o R ~t•» oi~i tlti.. Oaw~in .W. ..a~a o~a w,p~r, ,
~ iL-~a ~ss ~v. 800!!
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