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~Irt ~ 3 ~ PM ~139'7 PAC~ 51
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TfIIS MORTGAGE DEED, executed this ~ day of July,
1966, by DR P'EPPER BOTTLING COMPANY OF WSST PAI1~I BEACH~ FLA.,
a Florida corporation, and having fts principal place of buei- ~
;
ness at West Palan Beach, Flarida, party of the first part, '
hereinafter called the Mortgagor, to SOUTNERN BEVERAGES QF ~
PALM BEACH, INC., a Florida corp~ration, party of the second
~
part, hereinafter called the Mortgagee,
W I TNES S ETH: ~
- - _ _ _ _ ~ _ - -
That f~r divers good and valuable consideratiofi and "
also in consideration of the aggregate sum named in the
promiseory note of even date here~with, hexeinafter described, ;
the said Mortgag~r doth ~rant, bargain, sell, alien, remise, ~
release, convey and confs.rm unto the said Mortgagee, its
successora and assi,gns, in fee simple all those goods and
chattels of ~hich the said Mortgagor is ncw posaessed and in
actual possession, situate in Palm Beach County, State of
Florida, deacribed as f a?llows :
Three (3) Fork Ia,fts and all replacements thereof ; and,
All empty b~ttles and casea sold by the Murtgagee to the ?
Mortgagor under the Agreement dated J , 1966, and
located in the counties of Palm Beach, rtin, St. Lucie,
Indian River and Brevard, south nf the city of Melbourne
and in the towns of Okeechobee and Sherman in Okeechobee,
Florida, together with all replacements therevf; and,
Together with the Mortgagor's interest in the venders
(and all replacements thereof) described in Schedule A
attached hereto, presently located in the warehouse of
the Mortgagee; and,
Together with the Mortgagor's interest in the venders =
(and all replacements thereof) and flat top coolers
described in Schedules B, C-1, C-2, D and E attached
heret~ and located at the plaaes on said schedules
respectively indicated. ~
3~0 HAVE AND ~O HO~I.D the same together with the tene-
ments, hereditaments, and appurtenances unto the said Mortgage~
and its successors and assigns, in fee simple.
And said Mortgagor for itself and its successors and
assigne, doth covenant with said Mortgagee, its successors and
assigna, that said Mortgagor is the absolute owner of said ~
perscnal property; that said property is free from all encumber- -
ances; that said Mortgagor, its successors and assigns, will make
such ffirther assurances to perfect the title to said property in
said,Mcrtgagee, its successors and assigns, as may reasonably be
requs,red; and that said Mnrtgagor does hereby fully warrant the
title to said gouds and chattels and will defend the same against
the laWful claims of all persons whomsoever. ~
_ PROVIDED ALWAYS, that if said Mortgagor, its successors
or assigns, shall pay unto the said Mortgagee, its suecessors
~HiJTTS 8e BOH'F.\'
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