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V ~ ecac 119 P~ `~28
~ l~) Darowa wW P~P~? ~P~ ~Q~ d~~k ioy~~t4 Saak is ~s~cudoq ao~ a n?w~ Naaacioq ~uNaaM. awkw. aflW~~t1s. or
h? similac 4uuuwob in taa~ satisiaceo~ b aak. asd sud~ ~ oMN~ iiwtn+a~ier u 3aak wr tros ~ioN b tiai~ ~.~.a. .~a a.r ~e. ao.c a am.~ w
~ ~aa~ Ia aar ~wblk oWcr d~rm~d ~drWbb bt Dapk. '
(U lorooww ~rUl par aad di~th~rq~ w!?M dw a11 ~asp. b~Ms aad o~!?~t thuqM aa t!?~ Cdlatsral aad un said 4ad asd ae ao~ouat d or
~ in cti,nnectioa ~rith ib IiaWUtlN asd soe» ~rW~wdoq tM sun~. aad oa aooouat d a fe ooon~etioa wiW iLls aqrwm~st, iadirdlnq doNS~ntarir
~ tat sun~Fa.
~ y sono.?.r ..w ~r ~s ~ a ia u.ewaw Ncur~d h~nbt. aU aeeouab d.row aed e~nsr~. includinq aqoca~Yi iMS. wi~ iaw»~t
~'a We~wq, pai~ ar iwcrtrd D~ Hu+k lU br Uses. N~rNs. iasura~ca. »pate~ b ot mafnl~naac~ d t6~ CoUaanl aad lor aa~ a6~r tauw oc M~ias rpuird
b~:~wd~t b b~ piid b~ 1A~ Donow~r. ~ad !W 4? takio4 po~sioa d. dkposing cl a pns~rviay th~ Collaterd aM~r anp d~lauh htrNnahu
~ desaYibcd.
(h) Darowa~ wiU uol p~rmit aar ot th~ Ca141~rd b b~ reawved lrwa the ~bovi ae~atioued tocation ~rirhout tA~ prar wrin~o eoas~pf d
lh+ 8+at. e:cepl Iw Wl~ la tM ord4?ary caus~ ol Dorr~w~i s iuminq operations.
~ fD lonwwr ~rtU ua~diatety ad~ia Saak is wrttiaq o! any chanq~ ia 1ha Oouow~ia:esidenee.
. y a 6. 8ortcwee aiil ao1 ia) p~nqii anY ii~at~ o~ pcyritY inl~~eab (other than Bank's securitY inte~esU to attech to say o! tAe Colialeral. aor peratit .
~l l~nancv~q palemeal sa:crpl Haak'a tinaaciaq staNaMaU b be oe lite rriil~ r~sp~e1 tl~~~tp: (b) permit any ol ~hs. Cdwtera! to be b~iec! upoa
~ «~~er any laga! p~oc~ss: tc) disposu o! aay ol th~ Coilaltr~l willaul th~ ptior ~wtittca tons~at ol Hank. e=tepl by sale ia orditury oourq ot Borrow~i
s .
~ f•~~.,i,~y operalions: ld! ptrmit anytAiaq b bs doos tAal maY fmp~ir th~ W~ ~alue d anr oi t4e Cotlateral or 1he sacwity iat~nd~d to 6~ ~Ilprd~d
by ~h~s aqtecmenl ~
9. Bank is hereby a~OlfllOd HdfOMfl~t suorn~yia-tact b do atl acts and thlnys wrhich Buk may deoa~ necessary 1o perl~t.y aod cootinus ~
pr:~lected the securitr inlerest creatad by this ifjfE@mf11~ iAd to protsct 12w Cdlauiial. bu1 Bank shaU na be ob4qated b do any U?ecwL ;
8 Horro~rer s1?ail Aant sucl~ iuteres~ u ma be s
WY Y P~<<~ ~~Y ~~e s~idQacing a 2can er advance made hereunder aad sueA serv~e
~ir_.qr• as may be aqreed upoa and shaU pay to Bank all cosis and ~zpeases, iaclud~ng ano~neys' [ee;. ~ncur~ctii by it in th~ ptwivatioa or
c.~tl.rction ot Collataral. Cdaaqes in inte?ts! rate and sQrric~ cauges mar b~ mads bp HanTc hqa time to ~ime. aotwiWslaadinq Ibi inlerql at~
s}.eritied m say nWe evidencing a ban oe advtnes hoteuade~, upon notic~ to Donmerer and shall become elleclivs oa lh~ dale th~rein spedfi~d. ~
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9. Ualil detaul~. Dwrower may reuin pouessiao o! ~he Collaleial aa~ harves~. pick. p~ocess, sloce and use U io any lawtul manaer nd in• ~
can,::steat wilh th~ ~grePmeats he~eiu or pitA the terms and eonditi0ns ot any ~,olicy ot iaaurance ~heiaoa: and may use and c~onsums =ny hay, ?
gr,~in. lood. ~otage. loddei, oi aops covered heceby in p:eservir?q aad preFariny lor market an7 IiveslocY ot poultry in wDkh Bank has a secuiity
iaterest.
10. H any tiene aay wuranty. ~epcese~latioa, cer~itiule or stale mQnt ol fiorrower is aa t~uo, or it any liabil~ty or sAy pait oi inslaUm~at ,
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:~MflOI O~ lllll~lS! UICflOQ ~t AOl Pild ~rhea due, oc if aa~ e. ent of detautt aa detieeed in any nole or other evideace d liability beld bp Bank shqild
oc.-ur, or i! Bonowor sLould fail w obaen~ or peifocm aay aq~eement cr lerm he~eol, a d Bank al aa} tune leels iasecure br any te~wu wlut-
.:xver, Hank may. at ib option. thereupon o: thweatter declare all liabilities ul Bocrower w Baat, or aar d them sefecte.i Dy Ban~C (aotwriths~aadinq ~
any provisions thereo0, immediately due and payable wilbout ~emand x nutice ol aay kiad tbut with such adjustmen~~, il any, w?i!h tespsct to anp ~
,ut•~•~ st a other chaiges as may bs providad br in the promisso~ ncte or other ~vriting evidencinq such liabiiityl. and Bank in addition to any °
~tue~ rigdts aad temedies ~rhich it may 6a~e. shaU haw and maY o:eccise immediataiy aad withouf demand. anY and a{I Ihe rigbb and remsd3~s t
qranle,~ W a setured p~rtr upon detault undes 1h~ Uailorm Co+nmercial Code. md uuder other appilcatio law and all rights providad herein. in
any note a olAer writinq enidencing any liabilify, and in.any aher applicable secwily or {oan ag~eemar.~_ aU ot whicn ~ighls and cemedias shati, to
il?e !up eYtem permitted bp law. be cumulative incl~diaq. withaet lunitinq the generaiif? c+f the iureyoing. the nqht to take po:srssioa of the Collatersl
o~ :np pait theseof. b pertotm all ol th~ optratioaa whith Barcwe~ has ag~ceri w pertam ho:euade~ aad to uke s~ch othe: measuret as Bank may
:t'C:C. Rt'~t'3SalY IOf the eare, qrov~ing, hsrvesting, pickinq. protectwn, o~eservatiaa. and markelinq ot tl+e Coilateral. ,
I! Upon request or demand o! Haa3c. Borrower shaA. al its eagcrs~, assemt~ the CoUa!era! arni ir.akP it ar~ilabie to 9anic at a ooavettient place
„=.~e~,tab'e io Baak. $orrcwer sAat! pay to Bank on demand any and all espense~. inctudinq legal r:;.ensES end reawnabie attoraeyi tess iacurred
}-ai3 Gy Bank 9n ~;~otecting and ealorcmq tianili~iea and the :ig:~Ci ot Ba~k hereuneier: indudinc liank's nqi~t ta take po3session o! the Collaistai
:::.I i~s ytocc~eds_ AnY notice ~ sale, disposi~ion rn othet iniende.i act~n L•y Benk, srnt tc Berrow•rr at tiie adrlreas apec;fied above: or suth other
r.dd~e~c :~l Barowes as a?ay ~aom time ~a time De shorvn on Bank's recor.is, at least I~ve days E~nor to such aciion, shel! a,nstituta reasoaable notite to .
T1-rrowr.:~_ iF.e Fuxeeds o! aay d'sapoalion o! 1De Cdlale~al, or ar.y ;.arf th•-~eoL maf be app'ia, bt ~he Bank to the.payment o( any liabiliti~s whethe~ ~
. t?ot ~heg. or aay oi thc:n, t.e thea due. and in auth ozder 4! ~pi,~n.~t:~:~ Ba~~Y may frum hme w time e:rct ~ -
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?Z. NO wairer by Bank ol anY detauh shal! o~:erate as a K•aiver ct ar,y ~~her cicdauL or uf tne ~a;rtE delsu{t on a luture occosioa. No delay
x omissia~ oo the part oI Bset in s:~rcisiaq aay tiqht ~ temed~ sha11 opurate as s vcaivec ther~ot, an3 rw siagle or par:ial e:ercise by Hauk of ~
=a•~ :ighi o~ wmQdy shsH p~ocluJo w aileet any o~her or turther e:ercitie therec: or U~e ezrrci~r ot •iny othvt ceqhi or re+r.edy. Time is o! the
enca o! ehis aqreemeat. The r~oriai,~ns of this agreement are cumui,+;ive an3 ir. a;i]~~icn to the p:ev~sicr:s o! any liability rrd any note or ixher
;!~~~q evi~encing any liability sccuie+d bp th~s agreRmeol. and Bao;c shetl h3ce ai~ tF.e ~+:el:ts. ziyh:s and .c:ne.!i~s v; aed ~~n:;e~ an'y liability aad
anti• note or other writinq eviciencing aey liability secucec3 hereby. !f m,re t!~a~ ~+t party sl:ail execute d~~ .:y~Eement_ the te~m "Borrower"
s:aJ ~rae a1! pariies siqaing lhis aqceetoent and each ol ~hem, an i all ~uch ,Hnies ~b3A L•e ~uinNy -ar..i severaL' f oLdigated and liaWe hereunder.
The sinqula: pror~ua. wAen used herein, 3ha11 inclu:le ehe plu?al, and rhr. ncute: shait :nclude thn mascutu~e a~d t~•u.:nine All ryhts o! the Bank
F~r~•in~ler st~a~! inure ro the btne/it o) i1s sncressors a~w1 ass~qns: a::3 all nbl~ga4~as o! Bcuower shall f:ir.3 :he ~:"srs, e:ecucois, administratora. ~
.:~•:~M50IS and assigrs ot each Borrower. 1t this aqreement is aot dateci when e:ecate.l by the lMrrov:ei tre Bank is aut~onseci. -w~thout noGce to
e'r.e Boriover~. W~!ate thia aqceemeat. ;
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13. Th?s aqreemenl may be te~~ninated b~ eilner p~:~y yi~mg ~heolhe~ writica r.uti:e of inte.~:co~~ t~ lecm.mte GO a date named in said ~
notice. maiTed or drlivere.i to the addreas shown ia the preamWe uf ti.is ayieemer~: or to t2:e la~t knov`~i a~.d:ess ot lhe Bur~wec oc olher pariy b
~rhom sucA notite is add~e~sed, showrn on the tewrcis c! ~he Bank or olher'wife :croxr.: hut ac su~h la:~aiu„ti•~v shali_sn aay way at(ed the rights and ~
'iabiliGes the puties 6ereunder relatinq to I~.~ans made and Collate:al ~leciyeo priur to the date narooci in such notice. • ~
1~. i'~is agieemeot h.u beea deiivered in the State of F:orhia an~ shall be consi~ur.~ci in accoi.3ance xith ~he Ia;~s ot Florids. ~
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~ 1N NlITN'.~S WHE~IEOi', this aqreemeat 6: been duly eaecuted as ot 1;c date heteinat,ove tirst w~iuea. °
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~ D Sigr~ .i. seaied and delivered ~
a~ ie i~e ce ol: . . SEALI
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BOAROWER
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(COAPARAtE SEAW ' OKE HOBEE GOUNTY BANK _
Y M~ -
- BY .
~,rr~:.r: fiL_EO ANO RE oltD~~ene
ag1K ~.UC1E COU~fYEO~A•
L~. ~ Rf.CORQ VER
a, ,9.?.O c+~~..-
194326 f
'70 JUN 8 PN 1: 8 ~
This Instrument Prepnred By: t~no3 trn~a~~ ~o ~
R. N. Hazper SI~+Id11~JM ~3 S31U~II?~{ '
Boy 218 RQ6¢a P61fiRAS '
~ IRCUtT COURT ~
okee~~ee, Florida , 33472 9~ .1 Md q- - c~~S ~
'dl~'~ll p~ ~ ~
oao~'~ t~.~~~'~3~° . ~
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