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HomeMy WebLinkAbout2923 30 ~ue and to ~iotd the snme. ~ch a??d e~.y. fugether witti the attachmen4 and appwtenancts. unfo f{~e aai~ l~'~ortgagee lorever. ~d said Alortgagor c~ovenants witl~ sald Morfgagee that suid Mo?tgagor u~holly and solely owro said gooda, chattels and personal property, all n~d singular, o6solutely: ihat the said Mo?tgogor hus jull power and lawJu~ rtghf to sell and convey !ke same, all und singular, aa aforeaaid: that saia goods. clwttels and personal property, a!! and singular, ar+e ~ree nnd clear o~ any and al~ advene clatnu, lians and encum6r+nnces: and lhat satd Mo?i9a9or he?~eby Jully u,a,ra.~a the tille and ownenF~ip oj aaid good~, clwJtQls ~ personal property, all and singular, and will deJend the same agninst the clolms oj al~ penons whon~oever. ~rouided ~tways~ that i~ saic~ T'/ortgagor shall pay unto !he said Mortgnges the certnin promissory note her~eina~ler subslanfinUy c~opied or idenlified. to-wit: That certain mortgage note dated October 19 , 1966 in the original principal amount of $45,000.00 secured by a mortgage on the above described real property from Mortqaqor herein to the Mortgagee herein, recorded m~t/.~,""~ , 1966 under Clerk's No. ~yqSoB' , Public Records of St. Lucie County, Florida. ~ This Chattel Mortgage is given in connection with and as a part of the security for the payment of the sum represented by the promissory note above described and is in addition to the giving of the real property mortgage described above which likewise secures the payment of the promissory note herein described, which real property mortgage covers the real property hereinabove mentioned and set fortli, and it is expressly herein agreed,. anything to the contrary herein mentioned notwithstandi~ng',- that - a default in or failure to carry out and perform according tp the terms of said real property mortgage covering the said real estate, shall operate as and constitute a default in the.per- formance of the terms and conditions of this Chattel Mortgage and with the same rights and privileges to the mortgagee with ~ respect to its option to foreclose, or other handling or dis- E position, as are set out in the real property mortgage on the ~ said real property. r i ~ ~ ! r: ~ ~ ~r ~ ~ ~ ~ and s{~a!! perform, comply wit1~ and a6ide 6y eacF~ and •auery the stipulations, agreemenls, condilions and covenanls oJ snid promissory note and oJ this mortgage, lhen this r.::,rigage and fF~e eslate hereby created aha~~ cease, determine and 6e null and uoit~. 7i111~ !be said Mortgagor here6y f urther eouenants and agrees: • ~ . aooK157 ~ 52z . , _ - ~ . _ _ - _ - - - _ ~ ~ _ -~,r~,.x~~ = - ~ , _ :~j;'a:'.