HomeMy WebLinkAbout0189 DOGUMEARARY S?AI~S ON NO?E ~
c~"~" trATTEL MORTiAfiE -
SECURITY EXCHANGE BANK l~~~s4 -
_ WEST PAUN dEACH. RallIQA
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KNOW All MEN 6Y 1HESE PRESENTS. TMt ..........•:~`..•.•-!4,--_ cA~.~ 6~. ~
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of Nw C~t~r of .._...~.T...'Jr~4~:~~ .........................................._......_.....nd Counh of C.r.....~Q.~...................nd St.» of HaW.. -
1~sreeRS~e! ta!1rd Qo**awrr: 1w s~curing d» g~sYn~.?t of nwn~y Iwrein~Nwr ~nen~ioe»d and h furtlw consider~tion d dr ~ww d TM DeWrs 1l1n~ aed
otMr v~luaW~ co~sidtrations dol~r p+id by SECtlRI1Y EXCHANGE 6ANK. W. Palm ltsd~. Pain+ 6~ad~ Caunty. :laid~, • Horida bankieg CaporNion. Mr?
inaftu talbd dank. •t or b~fwe th~ enisalinp and deliw~v d thek pnsann. the nctip whertof b hNeby acknowl«ly~d, has ynru~d. bH~+iNd. aold.
«+d by tha~ prp~nts does q~«u, bar~in, ~ell x~d oonwy unlo th~ said la~k. its wcns+on ~nd assipns. ~ht tdlowinp descr~d propwry, d.whW+ M t~
rM I~wivl owrn. ~nd in wpvalHi~d po~easion in the ~bow caueuy aed ststr. ' kb
YEAR NIAKE MODft SERIAI NO. ~ N10TOR N0. • tg '
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ToGE~~Ht w~N~ all p+m, puipnlnt and KtltfOri!! ?~Ow Or hNNh!/ ~ifatMd t0 p COtiNtt~ WitA fiid ptOpMl~tpGER POITRAS. CLEI~K '
TO HAVE ANO Tb HOLO all and tinqular the said P~w^+~ Pr~~Y abov~ brrp+iMd and sold, a w.~d.a .o ~a w. ~6ri~~ ifr~C+i Y~•T~r
,~a ~ r«.,,... ~ FLARI~A _ .
Md th~ wid larowa covManb with ~sid lank, in wcces+or: and ~ssiyes, that said p~~ Propwb is fne han aq a~a+~nbr~nas. dN~ ht has y~wd
r~t ro s~N !h~ san~ u afacwid, and thst h~ sh~ll ~nd will w~rr~nt uid d~fsnd ths same unto said lank, ita wcasfon and sssipns, sp+irot ~ lawful
cl~ims of sad~ and every perwn, a pwsons, wl~onao~wr: thal he wiil pl~u, p~y fa aod contiew,ously kNp the wid pMSaul pop~rty ~faes~id Laund
ayainst bu by fire, tMR and cdtaion, in N~t vwal standsrd policy fams, in a sum of rat lest than tM amowu d k~d~b~edness haein ~cw~d in wcb ooa~-
~ P+~Y. a~~~. ~s m~y be "appoved by wid lank, and wdi poliqr, a policies. shall contan tM uwal standard w~w~yape clww nwkinp las urdN wid
I policy, w policias. P+Y+4M to said 6ank as i» intKests may spp~a. ~nd shaq pomptly ddivet said PdKY, o? policiu, topNlw wid~ nc~ipbd biN fe?
premiwn ro said eanlc.
~ PROVIDED, ALWAYS. ~nd ehes~ pre~n w ~ e~press ca+dirion ih~t if rhe Nid borrower shall w~p and tndy pay uoto wid lank, ita iuoas-
.o.s and aswqm. Nr a~yrepn~ swn of f.~~1.~..~~....~._......_, rep.e~nred by a+~ ponsswry nafe d w~n datt herewith, ex~cvrad by tlw lonowK, ,
WY+~ in momhly irutallmenn aver a pe~iod of months fran date, m.d. P.r,w. ~o,.~d e.~t by d,. eo.?o~.. ~sid nw~ b~inp ~hs uswl
insrallma~~ fam rwt~ in uw by rhs bank. ~s weM ~s aQ ~atensions r+d rene«~Is of said nwe, a oaa. in whob a in p~rt. ~ny ~oN or noqs tak~e in
+ddirion or amencM+~~t tl~erito, a in liw tM~~of, whetMr upa~ like terau or t~nw or ahsrwite, and all o1lwr indsbqdnns dus ~nd owinp th~ ~ank
wl+s~hs evidenced bY Promis+aY i+o~es w otherwi~s. ~nd also t:p~nses Nur nwy or ahap accrw in rh~ went of tiw fanclosur~ d Mis matqpe, re~s-
onaW~ attonwy~ i~es and cwn of oarrt inch+d~d, th~n ~hea prewnb ihail be void, othuwae to r~m+in in fidl fau w~d v'wtue.
Md tht wid lwrows~ do~a cov~nant and p?e~ to ~nd with the s~id b~nie, its Nrcceswn +nd ssdyns, tM~ in cpe d~fwh ~hall b~ nwde in tM p~t?-
ment of s~id axo abov~ nwmiawd or sny instalMynt thu~of. a in the payment of tFr whob a any p+~t d 11~ inter~st d~ason a~ ~he tima w+d in
the nw~ provid~d in ~aid pranissory not~i a in ust th~ said dacowar shall renaw tM satd yoodt, d+anels and PNton+~ P~opMY a any of th~w~
wirAout wrin~n pumissian of ~id /ank; o. p.rmN or svffa nry an.d+men~ or o41+er p.«ess ro b~ Iwi.d ~poo iaid WyPMY p+^1? PWt N~~ofs ar pera~h
w wffa ~ny ~udgn~n to b~ eroered ~p ap~inst hirn; tMn tFw said apyreyN~ swn of morwr F~~in w~tiomd sl~all becon» instanrip dw and piyabM at
tM opian of N~e ~aid ~adc. ~nd then it shaN and nwy M lawful fw this inort~pe to be iinrwd'i~tely for~clw~d iw th~ whob of wid mon~y. 6+taat, s
cosn, f~es, d~a~~n and ~:p~nies afo~e~aid. _
Tl+n in tM ~.wit d th~ beyinninp d a af any tNne pendin~ any wu ~rpon this mwtq~q~, or b fonclot~ N, w to r~fwm it, and/a to enforo~ pMr-
mem of any claina herM~er. said sank ~atl spply to tl+e Cowt Mvinp jurisdiction rM.~of for fhe +ppointm~m of a R~aiwr. wd~ Caiet ~hSN faMwifh
~ppoint a Rsuiwr of s~id moN~q~d Praps~h aN ~nd sin~ula?, fa th~ PwP~ ~ P~~~ ~ W~Y, duri~g th~ p~r~dancy of said fonciowr~
Proc~~di^p~, wd such sppoinunent shall be mad~ by wch Cow~ as an adini~r~d eq~?ity and i m~ne~ of ab~olvtt riqM ro s~id ~nk and wNhow nra~not
io ~M wid ad~quacY a in+deqwcy o( tM vslue of tin propNty mwiya~d w the solvency a i~olwecp d.said darowN and/w tM dda~d+ms, it b~iiq
exp.~sshr w~dauood and ap.Nd tha~ wid poperty dN~ria.tes tMai¢i usaqe a~d tha~ ~he purpae of ~M ~ppointnMnt d wd~ R~ceiwr it to hold ~id
paper~y intaa and ~av~ same frcm deNriordion durMy rhe popras of the foreclwwe.
Th~ donowN pMS nol ro stll, loan, delivN. PM~• nwrtyay~ ot WhNwiM disPw~ of fh! abov~ Pasa?d Propah, and ayre~s b kMp s~W plop~
erty fi~ han all u~us, li~m ~nd «+cvmb~anc~s. ~nd ap.NS nor w us~ tl» awne illpally. impropK~Y a fw hin, ar r~naw un» hom tM sqa, a pw•
chas~ wdM oontraet ~Nairwg ritk iran any ~hkd party ~qwpm~m a~ce~swrie~ to bs anached to or us~d wifh wid prop~rty withaA 1tw vinillan eoo-
sent of tM ~~nk. A violation of N~is daus~, a~ny af tM tae~oinp povisiom herein ~iull, at tlw option of the ba~k, cwk 1!w 4~d~bNdern lw~in
ucw~d to becorn~ inrn~d'at~ly dw and pnrabl~.
?M cownann d tMs nartpap~ tb+H bind ~M lorrawM, his hein. e:~cvtas and aaipny~ ~
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n IN WITNESS WNEREOF, the OwrowN ha Iw~unto wt his h~nd and ~eal, this -•••-__r~-~3 dap d...l.i[.d•~C. .:..»s........, 19 ~
Siqn~d, whd ~nd ddiwr~d in tht pnf~nc~ of: ~~,tut~:,, ;
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~ ` STATE OF fIORIDA, COUNTIf OF VAUN lEACH, . ,i a ` . i ~ ' : `
_ e~fon a», ~he w~dn~ipn~d «Nhorih?, a+ +1~ d+v o~+Ny +vwK~d ....w...~e?~•;•---- .:,;'..:.~,`~,....;:::,..:7,~~t' "
ro,n~ pason+lly known, and ~dcnoa~vbdp~d b.fo.e nw tMt ...y~ t~na+Md
~i11~~fa~0{I,d'
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~ .nd sad p..wr,s known w me ro b. t1~. sndh?Ws,.1.._.... dau~b.d in and who •s~cw.d u3d rno.ep.p~. - .
ar w~rNESS wF~REOf. ~ h.v. h..wnw rw~? h.na .nd ofsicial ...1 on 1hi. tl» »....~L......_... d.p of r~aP.~.....:...:.-` t9.lG:S~... ,
MY COYMISSIGN ~(PiRES~NOYO.~29.~ 19~41 !
*aNOEO n+Reosv rxc~ w. atsTtc..~wM BOOK~
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