HomeMy WebLinkAbout1801 Q
Chattel Mortgoge 1.SOf; 3'?' R
FIRST NATiONAL BANK of STUART
STUART, FLORIDA
xraw nti M~ eY t?+~ v~rs, n~~n ~c RNEST L. N F PL.E. a. S R•
uf tn. atr cf ~T • Pi E e~,~ ona c«.,ty of JT. L UC ~ C- ona stot. of F~oKao
hereirafter colbd Borrowr, for sscuimp the PoYrtw+t of hereinoft~r ma+tiorrd ond in firtiw cw?sidaotion of tM sun of T~n Oollors (f10.00) ana
othef wluoble caniderotions ~!y poid ~y fM FIRST NATI BANK of STUART, Stuorf. Mortin County. Fiwido, o Notionol Associatia+ h~rsn-
aha w11ed Bonk, ot w b~fore the erneo('ug ond delivery of thw P~nn, tht nceipt ~rlwwf js Mr~b'Y ocknowNdp~d, hos qront~d. , sdd. ad
by thsse Drasa+ts dxs pront borpoin, ss11 ond oonvey unro tht wid 8adc, its wcc~ssors and osxip~s, tM follo~r'vq dacn"bed DroOwtY, of which h~ is th~
law(ul an+K ond in u~ptwli~ied poss~ssion in tM ¢how rnu~fy otd staN:
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FILED Q~s~ R~CORDED
- ST. LU~ORn ~ ERIFIEDLA.
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, TOGETHER with dl Ports, eR+~~+t urW ootessoria naw w hsrccft~r ottociw~i to or wrrNd~d with soid property
TO HAVE AND TO FIOID oll ard sirgular th! wid persoral property above borpoined ond aold, or intend~d so to be, unto the soid Btnlc, its suocassors
ond nssipns forever.
I~ And the soid Barrower coverwnts with said Bonk, its successors ondau~ns tfiot soid D~rsonul ptoperty is free irom cll encunbrmces, tho~ M hos yood
_ right to sdl the soroe os oforesoid, ond thot he sholl and vrill rrarront and def~nd the sort~e unfo said Baik. its wccessors ond assipns, apoinst the tartul
daims of eoch ond rvary P~~, or persons. thot he will D~. DQY for ond caNirw~o~asly keep tM soid PK~~ Pr~Y oforesuid ir~susd
ed ess
ogoinst Ioss by fi?e, theft and co111ision, in the usuol stmdord Pd~~cy fom~s, in o wm of rwt less thon the ortwix~f of the ind~btedness harein seasr~d
m wd~ comD~Y, or componies, os maY be aDP~~~d b'Y soid BoNc, and wch PolicY, w policies, sholl tontoin fhe usuol standord mortpa~t claase mdc'wg
~oss ~.+der soid pol~cr, or vaiaes, ppy~p~ to soid s«uc cs irs ~nrerem mor aaveor, one slwt~ prornpty dNive. w7a oaKr, a volicias, toq~thr rrift+
receipted bill for premnxn to soid Bonic_
PROVIDED, AlWAYS, and these ptess~ts ane upw~ N~e e~ass cor~dition thaf if ffie soid borroNet sholl rvell orW truly poy unTo soid 8anlc, ifs suc-
cessors ond ossi9r~s, the o~re9uts wm of j 3 ~ 8 ~ rcD?esa?ted bY ~ V~~~~Y raf~ of rven dote ~wrewith, eu~nRed by tht Borrowr,
payobk in monthhr instolknents over o period of ~"2 f?om dote, mode payobl~ . to soid Bank by tht Borrower, soid nob bwng the -
~ usuol u~stolknenf firm note in use by the Bonk, os we~l os oll extensions ond renawk of said note, or rwtas, in wtwle w in port ony note or nof~s toka~
~n oddition cr ornendrt~ent thereto, or in lieu thereof, ~hether upw~ lika terms or ter~or or ofherMrise, ard dt otha~ indebtedness due ard qrinp the Bonk
whetha ev:derrced by P~~+~Y notas or otherwise, ard olso 0!1 expa?ses Hat moy or sholl oocrue in the event of the forw-WSwe of this mortpoy~.
o reusaabls attanay Tees ond cosh of court inckded, then~these presents sholl be void, otNar~ise fo remob~ in full torce and virfus.
~ And the said Bortower does tovd~anf and ogrte to ond wiM the soid 8onk. its wccessors ond assi{~, fhot in cose defauM sholl ba nwde in tfie
poyment of wid wm abore mentia~ed o? ony instolknent thereof w in the payment of the wfiofe or «~y pwt of the interest thereon at the timas ond in
the morrror Wavided in soid P~~~swy note; or in cose the wid 8orrower sMll remow the said 9oods, d+ottels ond D~ P~~tY or orry of them
wirha,t vvritten perm~ssion of said Bonk: w permif o~ wffer my attochrnent w other process to be le,ried upon aaid p~operty or anlr port thereof; a
pemnit or wffer ony judgrt~?t fo be entered upogo inst him; then the said o~gregnte wm of monr~r herein mentia~cd sfioll become eufanty due ond poyoble,
at the option of the said BorJc, ard then it sholl and ~+uY be Iorfu~ for this mwtpoge to be rrrnediotdY forcclosed for fhe whok of sad ma~ey,
interest, costs, fees, chorqes cnd expenses oforesoid
Thot in the event af the beyinning of or of arry time pending suit iy~wt this morfgoqe, or to foretbse it, w to reform it, ond/w ro enfotte
w
poyment ci urry tloims herr.x~der, w~d Ba~k slwll oapy to the Caxt " iunsdicNon therecf for tFr appointment of o R~eiver, wch Gowt sholl ,
~ forthwith a^point o Receiver of wid mortaa9ed property oll ond singulor, for the purpose of preservinq soid propMy, dwinp the penda~cy of wid .'orectoHire
~ prcceedings, and se~ch oppointment shol~ be rrwde by wch Court os an admitted equity and o motter of duolute riqM to said Bonk and without
reference ro the wid ode~uocy w ~nodequocY of tfie volue of the property mortyoyed c? the sotvency or insolvp~cy of soid $oROrer ad /or the defendonts
~r beinq expressy v~derstood and ogreed thot sa~d o~verty detuiorotes thrax~h usage ond tt~ot rht o~Dose of the oppantment of wch Rsceiver is ro hola
~ wid ptoperty intatf ond save sw~e from deter"atufion during the Wo9ress of fwetlos~/e_
The Borrower ogrees not to sell, loan, delive~, pledpe, morigoye w otl~wise dispc:e of the obave personol property, ond ogrees to ke~p wid pr~arfy
~ free from a11 tazes. Iiens and encumbrances, und a9rees.rat to use the sarne i1lr~olly, improperly or fo? Iwe. w remove some fran fhe sfot~, or purchoa~
urder controct retuir~:ng tifle from orry tfiKd P~Y ~W~t w occawries ro be attached to or useA with soid propMy vrifhad th~ written castaM
- of the Bonk. A vabtion of t:~is clane. ~x arry of the foreqoirp provisians herein sholl, at tfie optFx+ of the Baric, couse fhe ind~btidnoss haein secured
= to blcorne irtwnediGtlly du! Ord puYOb~!-
~ The coverwnts of this mortqoye sFatl bird the Borrow~r, his heirs, executors and ossiyns-
~N v~nTMESS w?i~, rne ea..~. ~ r~.~,..ro ~ n~ r,~e ~,a ~i, tn~ aw o+ l>t~ • , 19 66
s~~nee, seo~ee a+a adiverea in tne v~es.nce of: ~
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Martin
~ STATE OF FLORIDI?, COUNTY OF ~)-f,-
~ ~ F•i~oras~ L. Hepler Sr.
etforo ins, n+e u+eersiqrwd outho+ifr, on rhis ~:y a«sOrw~y.'
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~ . ro o.~«p~n~- ~e ~.wr«. ~ n,a he ~x«~n.a ~.~,o m«+ooo.
ane wid va~s ore knowrt, ro m. w w:h. ir~viduoL=; discr~iA in`ana ~Fn ~uad.e soie e+o.tyoq..
iN WITNESS WHEREOF. i no~ n..~.,.?ro x. mr ?~o~a ~e, o~ s.i ao n,is H,: 7th . a,~, ,r D~cember , 19~
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