HomeMy WebLinkAbout1912 C. n Debtor's Defaslt: Secured Party may exercise c
its rights of en orcemea un e=~Tie Uniform Cwrm~ercial Code in ~
force in the State of Florida at the date of this Security Aqree-
ment toqether with all other riqhts and remedies provided by law
_ arid, ia conjunction with, in addition to or substitution for those
riqhts, at Se::ured Party's diacretion, may
(1) Enter upon Debtor's premises to take possession
of assemble and c:allect the Collateral or to iznder it or any portion ,
of the Collateral unusable, and
(2) Itequire Debtor to assemble the Collateral and ~
make it available at a place Secured Party~designates which is
mu~•.:~lly convenient, to allow Secured Party to take possession
or dispose of the Collateral, and ~
(3) Waive any default or remedy any default in any
r~asonable manner without waivir.g the default remedies and with-
out waivinq any other prior or subsequent defau2t. ~
VII. Ri hts~and Remedies of Debtor: Debtor shall have all
the rights an reme ies e ore or a ter default provided in the
Uniform Cammercial Code in force in the State of Florida at the
date af this Security Agreement, together with all other rights
and remedies provided by law.
VIII. Additional Aqreements and Affirmations: .
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A. Debtor Agrees, Affirms and Warrants: +
(1) That information supplied and statements made ~ ~
in any financial or credit statement or application for credit !
. prior to this Security Agreement are true and correct, and
~ (2~ That at the time Secured Party's security interest ;
? attaches to any of the Collateral or its proceeds Debtor is the ~
- ~lawful awner with the riqht to transfer any interest therein, and ~
'~''2 ~~that Debtor will make such further assurances as to prove title ~
=-N °to the Collateral in Secured Party as may be reasonably requirsd ~
~and will defend the Collateral and its proceeds against th~e lawful ~
~claims and demands of all persons whwasoever, and
i°g -
o¢~ o (3) That no Financing Statement coverinq the Collateral +
" or its proceeds is on file~~in any pu:~lic office and that, except '
; for the security interest granted in this Security Aqreement, there
a ,,~s no adverse lien, security interest or encumbrances in or on ~
the Collateral, and
(4) That the address of Debtor's place of busineas
is that appearing with the signatures of its duly authorized officers
below.
B. Mutual Aqreements:
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(1) pDebtor" and "Secured Party" as used~in this 3
Security Agreement include the successors and assigns of those
parties.
(2) The law governing this Secured Transaction shall
be that of the State of Florida.
IN WITNESS WHEREOF, the parties have causea these presents
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ANOERSON, RUSM, OEAN 6 LOWN~ES Arrowwtts wr0 eouMfcuowf wt u~r ORLANDO, flOR10A `
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