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HomeMy WebLinkAbout2072 7"~ • NOTE AND SECURITY AGREEMENT Eq4'jo E F~N.ANCE o~ i ~ow~owsws ww.~., nMO . r ~ raogs Al/e. .oow~..ii.~ . -~.tisa~",' . eros, . 1I- LFSTER LS$ SPAI~IOIiiARD, JR. . 1 a?it oe uw~ 6-2-bT . AND HIS MI1~E~ VIVIAN SPAINAOWARD ~wou~rr o~? 00 04 `~~E . Rout~s b, Eo~c 35 ~~i~-~~'!~ . .a+souu a..w 2: • o ` _ , L Fort Pieros, ~`lo~-ii11' J - ~ c i _ _ ~ . ; - _ . _ . I1RfT MYMtIfT OtJt ~ ~ ~ - ~ _ ~tiQ ~ ?1NN. rAYMiNT Q1~„ tlti0 ' , ~ ~ - • po'~~ a • o ` • ~CYwIT~ _ . 3 ~ • : o A6REE0 RAiE OF INTERESTi . , - - ~ ; ~ - ~ ~ ,S r - ss ?ae MoxrM oN 111AT PAllT OR ~11[ v°;; ? - ~iKi s oo.oo c~~~?i. ~u?~wwct Nar ixcua • _ ' - -i - L ~ ~ ~ ~ ~ txccso~NO asoo.oo wNO ~ sxusouw •soo.oo. DI3D~A8EMEI1! YO~CHE~ ~ .h.. w~st . anwr .~a i~t....t .t s~. .s*aa .st. r ~.:.N. llmount d Loarn _ i 600. ta a..~ hsw a w.~....dea.b: ..ei f..t~il....t bl.s DEDUC?IOIiS iN ~ tM ~ rs ~t Nd MatY iKlast4 wiia l~rw! w• Balance Due on 1.0~1 No ~ aeat IM i~t~ ~ tl! wtlr~ wuf. Mr LMe~at, b/~M L lnlerest !or days ~ ~ fv. D~oc~im~nt~ Stmnp ~ N O T E Reeardinq Fess - ldortgags 3•00 ~a1M ~+edNi. W i~sls~. J~tis a~i ~e~il~. ~r+aiw t~ N~ Auto Gen ~ M W~w M~i~r. ai Id ~Mw ~ tM ?ebNN1 wut ~f tfls wt~ bpti~e Retemi Fees - INon . 9 _00 •~a ~.~.i..e w .sr..a s.a ~ ...wr ~..t.u..~t., .n a.•• .ae.a, MJ 4Q4s ~ ,w ~.,~,...a a r.~ .~~.a a..s .~a ~.~..wt w. a.. ..a w .r..r.~.~ . M rM /eirdML Credit 4te Ins. Prem. T!~ a~MH M1~w ~t ~Y ..1~. sr sa~ *art I~eea.l. ~Id aeer~i ht«wt Lsss Reluad _ ~7?. ~t tM ~~tl~a ~t W~nis~. M W s~1 ti~w D~6dt L/4 M7wt K y7 tdt~La~at d tls ~rlaeiMl or I~Wwt Net Credit lits Dsduc1ioa :•1~ ia+.~ .r .e s.~ Met ~t ~iwr. .?~il. ~t tb •pw¦ •t tb ti.taer wre.t. ..a N~1d A Ins. P»m. wttM~t a~t1e~ ~t i~N. eNa~r tM tbe¦ ¦s}~ii b~ta~e~s et tie *rl~ctN1 Me«t ~M ~eeeMi IiNnst Mrw~. ~t we~ iN aN N7~~. ~d4f all aaq ~t Lss RsIutN1 ~i eHMeti~ ~i ~tMn~e7'~ 1~t a11 M/M sthat tVt ~ei ~tt~rN~'~ !eM N~t 1il 6 H Deductiaa ~ hd~~Ma 1~ ~ j~i~~s ~at~eei 1~rew. fslrsiw fis tlr ~l M7~~ ~ all ~r aq ~rt d t~ w~u~ ~nis~ DffiDU8$~1'S be.M at w ti~. ~e tl~e+. ~r.u a.t .tt~et w u.rwb •t ..s /~rts yeret~. Checb 1o Uadsrsigned aold '~Y~ p~ «twwieisM ~wtvt •t ..t+?te.eat E.sud *.a•iret JBrebaon Dodee _ h~. ~Kr ~~i.+.alTl .r 1.,., .a ll.sla. a.t B«w, ls .t cYN~tK sli. ~ ?M r[~ta ~aei Is lkw~si !M Bt~b ~f ~rt~ t~ ad~~ lwti ~/K tis Sesl1 Iw~t L~ lf~riL, Cispt~e 1~177. Act~ ~t 1lRi. ~ wai~i ~ b C~~ f~9l~. 4~ ~t ~l/1. a~i Cylt~r ili. r yeaiei. rad D.duclioos m,d As~r~smeub csubaac~) i 6~•~ Cmh R~c.~si~ed bY Undersi9n . _ ~ SECtlRITY AGR~MENT The uodersisoed. brnioafcer rderred to as Debcor. 6erebr acknowkdse receipt d~ bas ho~ d~e abo~e nsmed tenda. bereinafcer re6ae~d co as Sccured Par~r. as e.idenc~ed b~ a peosis~w7 noce of e.en dace 6ee~ewit6. e:ecaoed b~ tbe radasisaed wd p~~able to the Securcd P~rc~ uu t~e aaouat and upon the teteas as abore spitd. Now~, t6ereforc. in consideratioa d uid loan and to furt6et securc t6e pa~mewt of said eooe md m~ oo~e ot ooces exeavted ~ad ddi~ercd w Setured Putp by Debtor u any time before tbe tt~ti~e indebtedness secured abors bereb~ shall be p~id ie fuL bot ~rithin fi~t ~ucs fmm tbe due beeeof. e~idenc- ing dther s futurc loaa by Secured PaetT ot a refioaocina of an~ uapaid balaece of t6e oote desccibed or ieoewal chereof, or both wc6 futu~e Iwn and r~mncina, but aot ezceedinj ia [6e su[c~ate.sn unpaid principal amouat of:600.00 at ae~ ose tiae out~aadins. the Debtor berebf coove~s and mwtgages to said Secured Patty. its succes~ors and assi~ns. Ehe soods aad c6uteb 6eaioafat dpcr~cd; pto~ided, ho~reoer. if said Deb~or shall paf and discMarse ssid aote or naa accordiaa ~o tbe trrms c6ereof. ~hm this Ajrecment w case aal aqiiuue snd be ~oid: ot6erwise so rsmain ia full foree and dfecr. Al! pa~ments ~adc u anr time on said nae or notes s6aU be spplied fir~t to inte~est thm duc accotdins to c6e cerms of said ao~e aod d~e remaindcr to the principal of said note until paid. T6e unpaid balaacc oF said nott or ootes at anr pat ~ereof, ptus acuued iaterest, mar. u tbe opaon of the Debtor. be pnpaid u my cime. D6BTOR REPlt6SEN7'S, WARRANTS. COVENANTS AND AGREES: t6ac Debtor is IawfiiU~ sei:ed of. and hu sood rig6t and t~le, free (rom encumbranres. [o mottgase and ple.lse said property; to Jcliver CertiBcue of Titk (if an~). s6owias t6is lien. to Secuted Party; to keep uid peoperty Free of all ta:es, lie~ ind rncumbnoces; e6a aar pa~meot or dischuse (b~ Secured Pan~) of wea. lieas, insurance aad encumbranoes oe uid pwpere~ or any aher amount owed [o Secured Pare~ by Delxor shal) be secured br t6is Atreaeear. m keep said peoopert~ covered by wch iowranoe as Secured Partr may from time to time rcasonady requese. plaring such insurante wit6 coupa~?ies acreptable to Secured Party and to deliver wc6 policia (with loss payaWe dause iu favoc of Securcd Part~) ~o Secured Part~: to app1T the pwceeds of an~ iawranoe. reEardkss I~owr ~ealiz~d. w cl~e liquidseion of tht amount due; not to rrmore the pmpert~ fmm tbis ~tue. nor to use it illcgall~. improperfr or for hire. oor [raesfa aoy iatetest thereia writ6out prior w•ricten consen[ of tl~e Secured Part~ ac w~itAout ucounting to Serured Part~ fot t?e proceeds of anr uansfer: to pay all recordina and at~er charaes io connectioa herewrith, as vdt u releuins chuges. if anp; to 6old and sart barmlas tbe Securcd Patt~ from au~ aad all liability uisins from ehe use of clx ProPMr• - Debto~ raay retain possession of said c6ands, accessoties and equipaetK. u bas as ~6e p~.~meocs on s.id note ue made b~ tbe due due thereio pcvrided aad all aher covrnana of this aatenneat ate fulfilkd. buc Debco~ m~ oa permanead~ «mo.e said p~upercr From d~e Coua~y w Saa w+id~ouc the rnnse~n of Secured Party. If Deb~or faik to pay any inscatlmen~ of uid eae w6en due, or fiib to perform say of c6e cvvmaau bersof. or makcs ddaWt in any respect, or uses said propertp convsn to law~, or if Secuted ra~q feeb insec~utr (or ao~ [eawn ~r6atsoe~er, chen all iastallmena of said s na[c shatl at the option af Secured PutT. w~ithout notice w demand. become immediudT dne and parabk, aod Secured Part~ msp take possessioa ot and remove without liabiiity said pro{setty togalier with any otber cbutds ot tLiq~s amc6ed thereto ar tberein rnobiaed..wit6out notiee, demaud. or Iegal process. The Delxor agrees. in the evcnt of declara~ion of de(ault bp t6e Secuied Part~. tbat be s6a11 as~embk such mUaterd ~ad make it availabk w[he S~currd Parcy. u the De6~ur's place of residence and the Secund Pstt~ ma~ dispose of wch cwlutnl on said premises. The Deboo~'s plaee of tesidrnce shall be u the address 6iven abovr, ur, in the erent of nmoval of tbe collatstal or soods from said addceu wi[6 che Secuted Part~'s consent. [hen the - addros to which such goods m removed_ The remedies availabk eo t6e 3ecund Pac~~ shall be so•erned by. and the Setured Part~ shatl proeeed in sc- cotdance with, tht provisions of Artide 9 of the Uniform Commetcial Codt of Flarida, effectire Jan. 1. 1967. Any wai~tr or indulgence of anr defauh in any of ued terms, cqaditions. covee~nts. ~epeesenqtions and asteemenu shall not opente u a w~airer of an~• subxquent defaulc: each and evcry remtdy 6erein connined shslt be cu~eulati~e md in additioo to c~er~ ather remedy sivcn hercunder. or now or ' herrafter erostins at lawr or in equity, aod nat akemuive. In the eveei of noa-pa~seat (whm due) of t6e amount due or anp inuallmrnt theceof. Secured Putr malr sue for and recorer, wicl~out «posses~ins or otAerwise resorteAS to said poptiq and ~ritbout waivina the right to do w, tfit ~vhok or any put of e6e indebcedneu xcured hereb~. 'll~is A~reemrnt sball be bindias oa the bein. e:ecveors, adminiuratoes, wccesson and assises of the Debeor, and as to all uf its riglxs and priviteaes it sbatt inurc to tbe be~t o1'tbe succeatWS sod assiaas oltbe Secured Party. and it contains the enti~e asree- mcne becwreen the parties heoeto, ti[her rerbd or w~rinrn. e:cepc u xt fortb io the pe~wnissory note of eren due herew ith. 'Che Secumd PartT is audw~- i:ed to correct crrors in this Aseeemeot and the oote e:ecuted in rnnaeccioa he~ewic6. _ d~ Mak~ of Autoanobil• S~riof Nwaber Motor Nuwb~r ~ eodr Srrte Cyl. -Yeer Model '''y"""k Ford ~ 1961 ria All of ~he 6ouxhdd soods of ever~ kind ~nd dacripcioo aow or 6teeafar owaed b~ tbe Debtor and now or bensher located io or about e6e Debtor's tesidence at t6e addras sbown bercon, includins but not beinj limited to the fotbwin=: Mw Mw Mw Nw t3old a~uch 1 old chair 1 atfors rocker 1 ~urtis athis T M nit di nette 1 ec~ore xasher 1 2 HR set Complete writ6 dl equipment. parts snd acCessqries oow~ thereoo or heeeaker ~ttacfied ot placed a b~ t6e Dtbtor. Deb~or l~ereby ackoowledsa aceipc. or oue' _thcm if~~ cwo or a o! ' loan iere secured. ~tM tw ~ + ~ ~ liYLi QI?lfs~si~: - - ' - • (R~L1 ~ ~ e`"` `~x~=~:` - ~ 0 R ~ _ IArC (6~AI.) f ; 1814 . _ _ =_T . ,..v . ~ . _ : . ~:rs: