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HomeMy WebLinkAbout0318 yf t461~3'7 AUTOMOBILE MORTGAGE KR'OW AI.L b1EN BY THESE PRfSEKT5. Tn~~ _Beacon Construction Corporation o( the Clty o( Fo?t Pierce, Couat~• ot St,Lucie, aod State ot Florida, he~eina(ter called the mortgagor, (ar secur~ng ~he pa~•ment of the mone~• he~einaiter menti~ned, and in turther consideration u( the suAi o! . SEVEN THOU.~~N~ _FIVE__HUNDRED NINETY _AND_?8~100----_--------------~~~ars " duiv paid DyF1YSt National 8~111tarpora~ion o( the Cit}' of Fort P~erce, County o( St.luc~e, aud sute o( Flwida, hereinatter eslled mortgagee, at or before the ensealing and deliven• oi ~hese pesents, tAe receipt wAcreo( is hereh~~ acknorled- ged, bss granted, Dargsined and sold, aod by theu presentt doet granl, bargsin, sell and conve~• unto the said mongagee, it's:uc- ceuon and aui m, the tol owin desc ' d t veh"cle of ic he is rf r ~n un 1 css~ ~n [he .eoY~ co~o~y pa s~,« : ~osco ~is~ribu~ac, ~o~el ~ ~I~ A-'~' ~`~5~`. `~~ndem Roller Model 33, S1v 308: Ta~pco Traffic Roller, Model Qt-9, S[v 105590: ~~[t-;-~rader, M4S~`E1- --Si~t--~I~~-80U: -Roseo Tra'l~q°i'c--Roi-le~; -~4ode1,-2~~ SN }~,o$ar_be~C-Gr~en Paver,_ Model _ 8~~~~~,oSN__278? Mack .Tractor_,,__model B42T SN 1864 with LaCross lowbed trailer 30T, SN7483:~continued) TO HAY~ AND TO HULD lhe wme, lo~ether witA all replacemrnts, aceeswrus, attacAaentt, repairs, psrt~, betterweats •~d ae~ lQYiplptAl {fOw~ on said ~oto~ ~ehicle or Ae~einafter added tAereto, uato tAe saW mort~~~ee, ita succes~on aad tssi~ns (ore~er. A:~U the said ~orl~a~or coreaants ~ritA uid mort[a~ee, ib succe3sors ~od as:i~as, that ssid ~eAicle is tree tro~a all iac~~• b?a~ces; tAa~ he Aas ~ood risAt to sell tLe same as atoresaid; and tAat 6e sAsll aad w~ll w~~rtaat aad de(ead t6e uwe uato tM wid mort~a~ee, itu successors ~od wi6as, a=~iast lhe law ful cl~ims ot all aad erery psrson o~ pe~sau r6omsoever; that 6e rill plaee, par tor. aad eontiauously reep the said motor sehicle atoresaid, ia~ured ~~~iast loacs b; tire, tAett ~nd ~ia~k iater- est colliaion,in the usual staadard policr torais in a sum ot aot less than the amouat oI the iedeatedaeas hereia sec~red, in such cowpanr or companies as ma Ee approred bY said mortsa`ee. awd suth polieT or Polieies shall coat~in lhe usra) st~adard mwt=a~ee elause, A~kia~ loss u~er uid policr or policies paYable to nid wortta~ee, ~s ib inle?est maY ~ppear aad ahall proaptlY deli~er aaid poliey or policies to~ether wttA recelpted bill for P~lI~IYIw l0 wid mort`a~ee. 1'RUVIUED ALN'AY3, aad tkese preacnts ~re upoa the eaPress coaditioa. tAat if the aaid sort~a~or shall ~ell aad trul~ psy anto tAe ssid wortsa~ee. its succeuors and assi~ns, lhe a~Rre~ate sus o[ =.T..~~I Q...7$ .............._.._.......---......_.......-.--•.--•---.Dollars. secured 'os oae certsia promissor oott nf e~ea dste Aererith aekao+rledsed, paYable . el hteen_ mo~,~ after dste. sade pa~abk to said mort a~ee ~Y wid mort~ta=or, and al~ all e=penses tAat aa~ or shalt~~aarue ia the e~ent ot the toreeiosure of tAis mwtRaje, reasoaab~e attoreer's tces aad coatr ot eourt inelydcd. thea thcse preseats s6s11 be ~oid; otherwise, to remais ia tull toree aad ~irtue. ' Aad the said mort~aaor, tor Aia~selt ~nd his heira, riteutors aad admiaisl~ators, does coreaaat and a~ree to and with the pid a~orlRa~ee, its snctessors aad assisns. lhat in caae delsult sh~ll be made in lhe Pa~meat oS lhe uid sum abo~e mealioned or aa~ imtallmeat thercot, or ia tAe paYaAeat of the +~Aole or aa~ p:.rt ot the iaterrst tbere~a at the times aad is the man~cr pro~ided in pid prowissory aote; or in case t6e uid nort~a~or shsll remo~e the uid ~oods, chatteb aad peraanal properly or an~ ot Iheai r~itAwt written pe~missioa of said mort~a~ee; or perait or su[fer aaY ~ttacA~weat or otber proccas to be k~ied u~ uid prope~l~ or aaY part tAereot• or permit or suffer anr jud~~uent to be eattred up ~~tiast hiw, then the said atRreKate sn~ of wonep hereia a~ent~oned sAall become inxtantlp due and pa~able, at the oplioa of the said mottRa~ee, and Ihen it s~dl a~d maT bt lawtul tor this mortaa~e lo be immediatelT (oreclosed for the ~hole of wid moae~, iaterest, cost~, tecs, char~es aad e=peases atoresaid. And the said mort~a~or, tor himself and Ais heirs, e:eentors and adminislralors, doea tn~ther co~rnaat and a~ree to and rith the said wortRaRee. its succecaors and assi~aa, thal in case drtault shall be made in ihe pa~ment of the isaid sua~ •AOT! Ml11ltOAld or anY inslallmeat thereof, or in tAe paymer.l of the whole or anp part of the IAICflbt Illf?N~11 al tAe times aad in Ihe sanaer pro~-ided ia ~csid promiasorr note; or ia tau the said mortRaRor should ~iolate •nT of 1he other ters~ Acttin e:presaed, the said mortRaROr wi11 roluntarilY snrrtader pacsession to said mortR~ltee o( sueh Roods, chsttels aad perao~al PropertT u are eo~ered bj lhis mort~a~e so that lhe title of .uch ~oods, ehattels and pcrwnal propert~ shall ~esl absoletel~ ia wid w~ort[~RK b~ operalioo of law. u TI1al III LAt !rlAf al lI1! AlRI~IAID~ O~ O~ a~ ~Rf Lle! PlOd1AL aar sait npon LAis ~uorl~a~e, or to (oreelox it, or to refwn it. ~sd/or to enforce PaYsent of ao~ cla~ms hereueder, uid mort~ta~ee shall apptr to the l'ourt ha~in~ jurisdietion thereot for the appoi~taent o[ a Re~ei~er. soch Court shall [orlhwith sppoi~t a Reeei~er ot Ra~d ieort~ased properts all aad sinRUlar, for t6e PutPo~e ot Pres~r~inR uid pro~~t~, dnrin~ tAe peedeat~ oI uid toteclosure proceedinjs, aad such appo~atment ah~ll be wade A7r sucA ConK ss an adaitted equ~t~ and ~ walter ot aEaolule riRht to said mortts~ee sad without reference to ~As uid ~oae~ or iaadcqd~t~ ot lhe ~aiue ot t6e propert~ sortRared or tUe pl~eae~ sr insol~eaey ot said mort~a~on and or the defendsnts, it be- ' ia~ e:Presslr naderstood aed a`reed thst said propert~ deteriorates tArouRh usaRe and that tAe Darpose of the •ppOlAltltA~ O~ suck Retei~er is to hold said propcrt~ intatt ~d sa~e saee trom deteriorstion darin~ /he ProRress o[ [oreelasure. ' It L e:prestl~ ~sreed A~ the sortsa~or Uut this ~eliele ~Aall at ~o tia~e durin~ the life ot thiu mort~aee be enRaRed ia j public or (sr hire ser~iee. The siolation of this elause or ot tAe fore~[oin~ pro.•isions 6rrein shall, at the optioa o( t6e j ~ort~a~ee. caaae tbe iadcbtedness 6erciw ~ecereA to Dccome due and w)ibk. ; 7Ue eo~eau4 of the sort`a~or hertie shall bisd his. Ais hein, e=ecutors aed assiRas. ~ it more than one joias in !he e:ecutioe hereo[ ss a mortaaROr, or eilAer be of the feminine ae:, or a corporatioa, tAe ~ Pronoeas ~nd relati~e aords herein used shall be read ~s it written in plural, fcminine, or aeuter, ~~~pecli.ely. IN WITNFS3 WHEREOF, the ~nortp~or 6as hereuoto ret his hsnd ~nd sea~ tAis .16.tllla~ ac. ..June._. ,~9...66 s~~.~a. ~.~a a~a a~u.«~a Beacon C9ustruction Cor ora~ ' . . P ~5~i.~ ia tke Prese~ee or: • . "7 r ~ csE:~~a Pres. ~ ~ a--. . - y X 11 ( C~ : S e c-T r e s. - ---~=~`~'~...11 ~ 7590 . 78 x0..5.-6.98.6_---._._. Fort Pterce. Fla......Jul~.~.~.ft .........................................»...6~fi ~a NERl~N ?I Fr~ll.:er F~R~1 fQR vA~u~ RecGVw t u•. ~ b~m~r .~a ..wr.uy p.omu. w p.r w ~he aa.r ot > irst ~vazional tSa~sic o ort Pierce , Fort Pterce. FtorlAa. SEVEN THOUSAND FIVE NUNDRED NINETY AND _?81100-------- pp~~~~TS9O.78 to be paid at t6e rs[e of 421 ~e__ 26tt1day ot each consecutive mone6 after date for__ IS. ________irotstlmenet ' ~ _ and =.-------------1n ~he lasc froeallment atFlrSt National B1jt~Ec Piuce, Fbrids. .rith incerest a(ter maturity at the rate of eight per cent, per annum until paid. Together ~i[h all e:chsnge ebugcs snd all cosu or eapemes ~ incurred in t6e collection ot thi~ note or any put tt~ereo( or tn protecdng or ptaerving tht propeny dacribed in the totqtoing chs[tel .nortgage, by wtt or otberMise, lncluding a reasonable attorney's fee of not la~ thae 15 per cent of tbe full amount then due hutunder it given at~u matunty to an attorney fa collealon or attention. Totunheracurethis notetheundersignedalso givesspecificslly to ssid bank a lienon sll deposit accounts nor,ur herea([er, in possession o( iaid bank and aut6oriza said bank to apply same on this note a(ter detault,~i[hout notice'or for~nslity uf any kind, Thi: note is identi(ied w[th and secured by c6attel mor[gage o( even date 6erewith covuiug certain personsl propeny and equ~pment thereon, Failure to pay this note, or any of the imullmen[s thueof ~hen due shall, st ihe opt~onot[behoWer6ereof, mature all of said irotsllments then unpsid. The parties hereto, ~rhether m~ker, surety, or endorser, heteby ruve pre:entment, demand, protu[ snd ratice of non payrtxnt; and aU endorser: snd suretie: 6ereby a~ee to any ~extensionsof tt~e [ime of payment hertot MitMuc ratlce to them ot iuch eutensions. Beaco OHtYUCt10Il ~e~poration P O Box 1327 F. 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