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ROYCE R. LEWIS. A~anh? N L~w .
133 i011TM lllp iTREET. FaRT IIERCE. ftll if~i0 • ~iA
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MORTGAGB .
THIS MORTGAGB DEBD made and exe~uted this
_day of july, 1970 by CASB MOZ~ORS, INC. , a Florida
Corporat[on and MARTIN V. CASE and MARY A. CASE, his wife,
hereinafter call~d the mortgagc~rs and LEVERE MON'I~GOMERY and
BETTY B. MON'PGOMERY, hie wife, hereinafter called the mortgagees:
. WITNffiSE'TH;
That for good and valuable coneiderations, and also in ' -
~ consideration of the aggregate sum named in the prorniasory notea
of ~ even date herewith, hereinafter described, the mortgagors hereby
grant, bargain, sell, alien, remise, convey and confirm unto the said
rnortgagees all that certain property, both real and personal, of which ~
the mortgagors are now seized and in possession, sitvate in St. Lucie
. ,
County, Florida, viz: ~
No, 1: ~lny and al~ right, title and inte~est had by
- mortgagora in that certain Articles of Agreement or ~
~ Con~ract for Ueed wherein C. J, CRI3T and IRENE
CRIST, his wifie are Sellers and MARTIN V. CASE ~
and MARY A. CASE, hie wife are buyers, dat~d March _
- 26, 1963 and reoorded in Official RecordB Book 59,
Page 649 of the P~blic Records of St, Lucie Cowmq,
~ ~ ~ Florida, coverin described as: _
g P~~Y
~ Lot 29, Block "K" of MARAVILLA ESTATES, as per
=4Y ~ ~ ~ .
plat thereof on- file in Plat Book 8, Page 77 of the
a~~ Public Recorda of St. Lucie County, Florida. ToM
8~~ gether with all improvement8 thereon and together
~ ~ with all furniture, furniahings and Hxturee located
t~ W
in the dwelling house situate upon_ said prop~rty.
~ .
No. i~! All of the corporate st~ock, books, good will
. ~ aesets and rsonal
now owned b Caee M~s~Inc.WOrtthat mi~~be here~
~ ~ t~ t~ ~ Y ~ S~
- inafter acqudred by it during the term ~of this mortgage.
- . No. 3: All of the vehicles u~wned or posaesaed by Case
_ Motors, inc. and Carried as inventory, same being de-
scribed on list hereto appended se Schedule "A". Aa
~ additional veh~Eles are ac~ed to the invenUc3ry of Ca~ae
Motors, Inc. they shall be automatically encumbered
by this mortgage. . Yehicles described in Schedule "A"
may be sold ~t an active invenD~ry of vehicles for~ re-
~ sale must be niaintained by Caee Motiors, Inc. of at
leaet 20 vehicles. ~
No. 4: All acounte receivable af Case Motors, Iac.
=epr~senting unpaid balancee on all veb3clee sold
or to be eold during the term af this mortgag~e. A .
liet o~f current ~accounte receivable is hereto appended
ae Scbedule B. All fiuure ac~count,~ receivable o~ Case
~ Mc~o~rs, Inc. Coming inta being during the term o
f t
h
io
mortga8e ah~?1T be autiomatically encumbered her~by
- _ - - -
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