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HomeMy WebLinkAbout1225~'LOR~DA BAf +k AT FOh ~~ +~ • ~ i'~ `- FORT PIERCE, FIORIOA for +t such of^s :face a- ',~ .•• :r •?t rtes. :oa,s r - ' r - +t N, v! ~ -'p' p+EF~C. iW4tDA ~,; .r•r,~ ~•~~~._~~ >~t:ri(h~t3d-Thi.ri Fiv~i tz~d ~nt:;'1L•'` - -- ,_ ,a .. ~ -'-'-- -- - - •„r h , r, tree c c: aG~ da•. ct - .. trs ,,.ce•bst ~+ the p^^c,pa' am:wnt loanea' in_ _ ~~ i ~ - "- .-„~"j ~+ i~il "19 t 22nd ~. . 2 ~ i,nal I~..la .,n^r .,,,.T a.'f, - C r the. _-,:......_ . - - ' `•,•a.yb ' ,i, ;~ : ~-- -- :'' _ .and will pay fate t.nar[eS of ttw pots (=.i)S) Par doiisr of ea_h ia:a_:n,. ^.~•• :• an ts° fey, past .^:~e t•.:r • .a- + ;e ~ s :SS %-•l ', thr ess~ of any .• ca'mant. sd +,eretr tM tams "Collabral aN nand k101 W iOliowin pr rty Mh+ch bas t»e+, or is hem y -_ ~$Sm,~~~^~ °~~CR~t`'' :.,:_„fed wrlh the Bank: Lit ~ and the ~ oP Lo`t ~, in Bleak t` wJiy 1 c _ _ -- ~!--- ~tc^ording to the plat thereof on file in Plat ~ook_ ~ Pie-~• ~ _~'le -_._ _ ~u'v2i_o__Reoord_s_of 3t ~~oie County, Fort Pier~e~_Florida_~ ~ ___ u,: and at1 otMr property of awry kind or dsst:rlPtlol+ now M Mt«itsr in tM possession or under tM control of Bank for trey naaoe. tate:ner vntR all •t,no+s and sutrstkutrons Mreafter ptedpd to n- dspaNN with lank end lncMrdi^B ~ cash. tAock and OtMr dividends sod all riaftts to subscribe for teco- . ~nr .dent to. aeelarsd. or [rented in COanaCtieM erhh any PraWrtY ftMMMttOYa deeeAbed or referred to. As used MrNn. "pebtlibr' or "Ha4iNties` means and t. aeb. pint or several). dw or to tNCOme dw w which may ite Mn :;~r_es chte note and aft oblt[ae,ons and liabititr« fp(rnary. seeoadsry, ~1. Ito Bank Maker wsrnnts and asrees that Bank hu and aM1f have • t: r a.o~tracted D. ecqu+red °t eadt MakN (inctudirlQ airy MakK sn0 sny Other person) _ n ,.yon, security tttM to and a security inlaed in sM tM CoMatsrN at pCYAIy ~ a ~~s.t ~aihinot aff.et tM right iof Bank b retain the Collatert:s- for ..ais W chanps In form Of any tMreof. The surtsrtder Of this Cato. ttPalk pYnta ,- ' r olMr IiabYths. Additions t0. esd,eetions o- estessas at stxhansM of. or stt/aVtYtiOna tOr tM CNbteral, psYn1ents oat account of tAis loan or itter«s« 01 tM same, o. ~•~r iosns msdt oartiatty or wholly upon tM Collateral, msY team lin+a ~ Nme W mad. without afleetiets tM Drowsions of this note. Bank shit exerciN JaasonaWe can In tfY custody and preservation o/ the Coilatersl to tM ariMnt rNrihd by appUCattN statute. and shall be deemed to Assts esnrsised natan- M ,aritietf, but no omission to do any act not rsOsrastad dy Maftsr shit De e care if tt takes such action for that purpose as Makes ahNi r«sonablr ra0uad o1 Maker shall of ittteM be d«msd • falWrs to ettarcNe raasonaltb eemed a failure is saereiss reasonattN qrs. sod tso ottttsskan b OorrtPlY with any ~.,re. Bank shalt not bs ballad t0 testy) any steps necesMry t0 PnMrw MtY ~~ in tM Co1liKsral ai[ainst prior Wrt1es sod Maker shNl Naks sN rlaeaasary stets +; r s•xh pueposK. Bank or its etonsinN need not epOsrA Ittbresl on M prlnciPN of any CeNsia~al dmepolsit with B~aeke Part~o stM~CoYatsrN •ddltlonat Prep r! any time bscarrts uetsatisbctorY t0 Bank. Maker sMN tetthin one day dtsr dttasand pledp arty which h satisfactory t0 Beak- w end twr• Bank is hsnblr `rented • sseurNy Interest M aN PropsetY of each Oblleer (wNeh tarot shay mean and incliroe eeeh makN, Mdorae-. rely ,refer d this note) now or at sett' time hsreaftsr M tM Posseaskztw ~ Bank le sny cpecitY sAtataosvs-, ineludirtft bttt not Itmked !b any balena or share d any deposit. trust et apwcy aocduat. q securihy for tM pymsnt of this recta, arW a simlNr security Interest in sh such proPMY ~ each taker as seeurhy fc•r the WYrnMtt of aN other NaONiti«: attd Bank shay hwe flte setts rI{ltts ss to suds property ss M has with respect b tM Collatsrol. Bank shsN hallo, Hut ahaN not be Ymlbd to. llte fdlosrirst rifhb. each of which may 1M s:ercised at sny lima whetMr or nsR this cols Is dare: ()) to piedp or tnmfsr tlis oats sod tM CaNatsrsl end Bank shah tMrettPwt frs relieved of all dudes sod responsibilities hereunder end rsNSV ~ dank Mreunds- ~,.,Crlity witA r.ep+d to any CoYstsral ao plwtad or treeahrnd. and am pNdpe or tyaasliree shall for at1 purposes stand tM Pia« and have aN !hs r(d~ N Bank hsrwndsr. (~ M transisr Uts wltofs er any pMt K tM Csilaterel Into lM name of itseH o- its etonlMtee; (!) b vote tM CN- iatenl (a) b notify tM afflicts on sny CoUabral is maN MY~M to dank of any amowtts dw or to become due ~ ::~)~ dwq~~; ~°~~~~ or rnsq any antprwni« or sstUernsnt h dasna desirebls wNh rsiawrtca to tM Copaleral: end (fi) to take posseselOrs TM hapPOrtieti d say of fps folloarlrti strsnts sMll prrdNOtt a defWlt Mreurtder. (s) failure of sny Obtilar to WY Wt itYl nay btslalrnNtt pyabla here- under Pronsptb when k frseorrtes dtrs: (b) fNtun of any Ok11pr to Pa)I In f1rN wfsen dw aety ktdebtedr-ess. obliietlon, ex fiablNtY to Bank wAalsoavM. w say YM statrttsest tMnot or Interest thsrsen: (c) /ailuro Ot sny OOYior b psrlorrn arty Kr«n-snt hefaurtder: (d) tM d«th of any Obligor: (a) sny ObYgor becomes In- sotveat or My Iwsolvsney Proaedlap (as Bald terms 'lmdvsrtt" and '•iMOlvancy peoeeedlnP~' ere deNned in tfN Uniform CommsreiN Cods) ay+e irstdihrted K made by or aisk-st any Obligor. ar spplkation for tM ~pPOltttntsett of a rsaiver for any Obliier a for any of tM ssssb of any ObNilor: fA the Nauirti of awy attsdrrssnt w iarnisAenent. a tM fiYrsi of sny lien ttt;NtMt any pnpsrty of any Oblgor. N at any ern. sny wrtawtY. npreasesstiors, cOrtifiatls or sRlRsnrsnt of awy OWpor (wlsefAsr contained tw ttMs nob a neU pRaMrM b ar M epwtestion with tbh sets or tits loan N credit eviderteed bll this axle. N net tnte~ or fryers flee happenirti e< any watt of dsfsuN as dMetsd lsersln. a N Bent st say tkrM feels insecure for sett' reason whsboever. (i) the enHn sn+oertt of thN oats rsrrtainieti unpaid. bas tM amount o1 any uensened intend or diseauM sod segr rebates repdrad by law. spell becenN dw and pystiN IortAwitlr er tMrssftsr n tM option of tM Bank and without notice w demand (aet0 Iw tie eveetl aeW under etc cireumdanas shad flaetk a any Aoldsr hereof a snUtbd Mrew+der to unaecrwd or unearned iMersst or otMr chariKid~bi/ ~ K ~ Ib~ K no dresrmdatiees shah Bank a any Aolder Mrso1 be srititlsd heestttrdsr to naive et any Ume any d+arps not aliared or Parwtl interest rats in s><gss of Yte rttaiiettarrn allowed by fa,id: (Ih dank m.y, at its epeion. thererrPo^ °r thereafter dectsn NI ether NaWiitlss, o. st+ty of ttierri seksclsd by Bank (aatwitANandlni sny prwisloris tMrsof), imet»distsly due aid payable without demand or notice of arty kind (but with such adprstettsrtts, Keay, wttA respect b any interest or other dlsrttss as may tss provided for In tM Promissory nob or dher wrrtini e,ridencirti such Usbi4ty: titU Bank spate Arw and msy exercise without demand call and all tM rfiltts and rerriediss psntsd to a secured party upon defauK undsr tM Uniform Csnutteedsl Cods or elhsrwrise awi4 able to Bark Qnctudirti tftsta svaikibN under sny writtaet (rtstrtrreNnt 4 addYlon b tAh riots Wolin` to any of tM lisbilltiea or arty seGUAh- Ifterefor9 arid. withgR IMttlNni fps dMtsrslib e! IM fasioleti. Bank shah bass f!N right, irarllsdlstely area wllfsout further action !y it. to set off spinet this lisle sN `tar`p owed by Beak fA eery tapseb to sscA a any OWiio-, whether er not due, setd she to set oft sasinst all other IiaMlities of each Maker b dank ali nanny owed by tank In arty cafNCKY t0 Nth M sny taker: sod Bang attests be deerMd t0 Aava exercised such RiM of sN~aff and t0 Mw Made a diaris siNnsR any sucA mowey hnmsdiatsly upon tM occurersq of srlch dalatrh r other event even thouih twcA char[` is made or entered on tM boob of /ank suMeawnt thereto and Gv) lM OWtias, pirttb sod seventh Preml« artd a[-« to Per NI sxpsne« of Bank in the eolteetlon d this none and in Uts snNrcentee-t of riahb under or with respect is any d the CollsterN, inctudlrti nssonable attorneys' fees. Any procMds of any CottagrN or o1 any dispeaNion oflf enyCogatwN may be epptfed by Bank to tM DaYmsnt d expenses M tonrt~Ctert trhp tM COllategl, iscludlrii reasonable attorneys' Ices end tepl expMSSS. lion of intended dispoeNlon of nay of the CoNSierN h reOWrad b'y Nw, sN requlnnterKs of r«sonsbte notice sMll be rnet. end such rtotia shsN lt~desm~ properly oven. N at Nast Avo days before such Olapsition strtA rlatiq N served On tfie taker in the manner MreinsRsr provided. Upon dtspoelU Cottatpat Maker NMN be art4 rerMM Babb for arty dN)Nencr and dank sitsR account to taker for any wrplus. but Bank ttMN Mw tM r1iM taobaPPl Y ho n part of loch surpivs to tM pYnMnt tit any YabNINN svltstftsr • not faM'r. ar any of tlierri. be then due. sod in such order of sppNcatlon time to Uene sled. No dMay e. omission en tfta pert o/ dank In sorardskttP sny right hsrstMtder shNl Operate as a waiver of such rliftt a. M sny otMr ri~lt under tbis note. 11 rear` tMn oM a~ sfratl sxatrRS this note. tpe term "Maker' ahaM rtssat sit ParU« ~i^ini this note and each of tMm, ~sMitty and eevsralry. At used Mre- fn. tM sinWisr shNl include its phrral and tM plural sAaN mash and inchrd~ tM slnPuNr: end sny Dro^oun• of 'el+atewr p^d.r' N-aA letctuds ali Paden any notice to Maker dtaU M sufficiently served for all purposes 1/ plsced Iw tM mN4 po l`paid, addressed t0. a Ise upon tM Prw^Ises af. the address shown Mreon w any oMN address appeeririi on dattKs records. ~7r~ r ~ ~ J ~ / ADDRESS: 1918 Sf^Jath 34th street Fort Pierce, Florida YICA,OFILY H®i0 Lesibility of *ritins, typing or printing unaatistactory in this decadent for diicroiiLtinge (SEAL) u err n (s>:Au Th@lma $. barren FILED AP:D RECORDED ST, LUCIE COUNTY. FEM. '69 i;~~r 19 AI41 I0: t'2 / C! ERN. C,R~tJIT COURT ~o~x~~ ,,~~~4