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CNATTEL MORT~iA~~
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N RBD DRAWDY ~ SONS
d 1508 Orange Aveaue
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Cit~ and postv 2m,. Fart Pierce
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~ gqp ~ Florida
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t~~o TBEHIAI~~~1~~ ~PRIN~GS~~, ~HI~AL$AHFlorida.~ih snoo~erso~
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(~inalfRr r~ierted to as l[ort~a~e~). tbe followint ~sttd or cbatWs:
(L~nt ~eid wobee. ~adel r+~bsn. eK» ud td! d~) Clmat [tll Ioado~)
1508 Oraage Avenue, +
ONB PpDffi. 650 - IO 1~ON WA1'~ GOOLgD Fort Pierce, Florida. i
DIESSL POW~tSD RSFBIG~tATION UNIT (H$ATING) (St. I.ucie County) i:
~ ~SN 16480
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W~ eomPlete with all preaent snd inture attschmenta, acoesbri
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a~ssid chattels shall be ased and ke t at the locationa indicated~and hsllceno beeorne
quipment, hereinatta~ refersed to u~~hattela„•
p part of the treehold.
And the aaid Mortgag~or oovenants tbat it owms asid eLatteL, tree te~p iIl clsfms and encuazbnnees, and fu11 a~asrants its
title thereto, and will defend t6e aame Ag~inst the lawinl elaims of all persons whomaoever. ~
Provided atways, thst ii ti~e ~[or~g~ ahall pay nntu ths Yort~gee that eertain installment pro~nisaory nots oi even date.
a eopy ot which is attached hereto and mirde i part hereof bf nferenee.
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Mortgsgor hereby oovenants snd sgrees:
1. To paq sll and singular the principal and iaterest snd other ampa oi money psy~We bp virtne oi awid pmmiaaory note
and this mortgag~e, or either, pmmptly snd on the d~ys reapectively the aame severallq beoome due.
2. To pay all snd ainlgular the taxea,_levies, liabilities, oblig~tiona and encnmbrancea oi evesy nstnre heretofore or hereaiter
impoaed, ievied and asseased on said describei! chsttela, eaeh and every. and if the same be not pmmptly psid, the aaid Mortgagee
may at any time pay the ssme without au~~~t
'ng or sifecting tbe option to foreclose or any right herennder. and the amoant oi
e~ery psyment ao made shall bear interes~iram the date theroof st the sste of eig6t per oentnm per aunnm and sh~tl be aecured
bq t6e lien oi this mort,gage.
3. To pay sll snd singnlsr tne coab, chargea and expenses. including resaonable sttorney'a fees. becanse oi the failure on the `
psrt of the Mortgagor to perform. comply v~ith snd abide by esch and every the atipulations, agreements~ eonditions and
covenanta of aaid note and th'~a mortgsge, aa~ eithar.
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4. To keep the cbuttels deseribed h msured sgainst ench risks and in such unonnts as Mortgsgee msy speeify. in a com-
pany or companie~ to be approved by M gce snd the poliey or policies held by and ~yable to the Mortgsgee (vrith New Yosk
Standard Mortgagc Ctause attached) a~~Maortgagee n~ay plaae and psy for such insnranoe, or any psrt thereof, without waiving ~
or aifectinA the option to foreclose or.afiy sight hereunder, and the smoont of escb and everq psyment ahall bear intereat irom
the date thereof at the rate of eight per centnm per aunwn wnd shall be secured by the lien of thia mortgag~e. '
5. To permi~ commit or aaffer no waate. impairment or deteriontion of ssid chattels. or any part thereof.
6. To perform~ comply with and abide by esch and every ibe st;pnlatiuns, agreements, conditions snd covenanta in said promia- ~
aory note and in this mottgage set forth. :
7. Ii any of said auma of ~noney herein referred to be not pmmptly and lnlly psid when thc aame aeverally become due
and psyable, or ii the ~fortgagor becomes insolvent. to do businesa as a going toncern, s petition in bankrnptty or for ar- ;
rangement or reorganization be rled by or agsinat r the chattela oi Mortgagor be attaehe~ or receiver bc appointed ~
for Mort~sgor, or if Mortga~or ahall aell, rent, lend, en ~ tranefer anq oi the chatteis encnmbered hereby without fint ~
obfaininq the ~ritten eonsent of Mortgagee, or if each and ev the stipnlationa, sgreements, ,oonditiona and covenants oi aaid
promissory note and this mortgage, or either, are not dnly and lnlly performed, complied with and abided by, the ssid aggregate
sum mcntioned in aaid note then remuining nnpaid, witl~ ucrned interest and wll other anms aecnred hereby~ shall become dne j'
and payable torth~vitb or thereafter at the option oi the l[ortgagee as faUy and completelq as ii tbe ~aid sums ware originallp i
sti~~ulated to be psid on anch date. anything in said pmmiawry note or hesein to the contr+~ry notwithstsnding.
8. That all remediea herein are in addition to remediea otherwiae availabie to l~ortgagee or the holder 6ereof.
~J. That no waivcr nor change herein shall be binding npon 1[ortgagee unlesa in writing sigaed by one ot its officers therc-
anto dnly avthorizgd.
10. Thia instrument ia given to aecure fature advances whic6 msy be tr~m tima to t[me made by the mortgaqee herein to
the mortgagor. ' .
N WITN S WH EOF, Mortb?agor has e~cecnted snd sesled this chattd mort~sge o ~
, ~ RSD DRAHDY ~ NS
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Cwimes , et~i.me ot 1(a~t~yor (L. 3.)
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(If aoryorsdon. aax offioai atle. OdKewiN Kpe w?etlwr e..aer u O~rt~er)
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