HomeMy WebLinkAbout0960 N ~
S70CK FBA Z06-Rev. I-Reorder trom: Ferris Pcintinq Co., Otlando. Florida 32~;,1-422~5285
SA GF.NEAIIL 1~8~~1
c~~ No. SECURITY AGREEM~NT
(GENERAL)
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F-~n.ric,i.e L. 8 Lo.i.a I. Glooda, D.i.x.i.e Cne.am Uonu,t Shop {
~ Name(s) d Bonoweclsl ~ .
~han one. sach o! 1~sm jointly aad severaUyl. Aereinaftec caUad "Barowet". ot 3~ 10 Ox~nge Avenue ~ ~OJLt p,LPh.C~~ ~
(xo. and Strwtl [C~7] ~
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S~. ~UG(.2 ~~01U.d1[ .!or value raceived. berebp qcmis to 3
~County~ [Stata) ~ ~
')c x.t o j'~h„oe~n F~n~n~}~y 1 S 4nnf,t Auanue~~,t 1(11~ Cd~-~ibAnuJ?i _ Fbrida, ;
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heceu:altet called "Sec~ued Faity.. a security intereat in the tolbwing property• _1~c~LL~ ~4~~„rtf p/~p ?~~f.inn T~.CQ, ~
~ 1 a vo.Gt - 60 cyc.Le - 1 phaae - S~. *40270, 1 2 1/2" NQxagon flonu.t Cut,ten - 7 cu.t.teha w.~de
~e~t. ~'826330, 1 2-1/2" 8.i,amanfz Cut,te~e - 7 CuZteh.e w~i,d¢ Se~c.. ~822530.
toqether wiln all aocsawri~s. parts. equipm~nt and accessions aow attach~d to or us~d in coon~ctfon th~i+with o~ whieb ma! 6~na[t~r at aaT tls~ b~ '1
placsd in or ~ddsd to tho aDo~sds~cribed propert;. sad also any and all rsplacsm~nb ot mr ~ueh P*oP~i7 (all d w6kL is Ms~lnafl~ a13~d ''Coi- £
laieral"1. W s~o~n tD~ pa~ment d lhat cwrtain ind~bbdness ~videnced by a promi~wry nots or nd~s s:~cubd bT Hano~w~r la tL~ ama~et ot
'i ;~.t~~dQnr/ Vo ~narw enrl n~100~v.. ~t ]~OOD~~Q oi so~n dat~ h~nwith. and any and al! ~zwa~ioes or rea~wab t)~«~of. +
! end anp aad all other liabilities or abliqatfons of the Borrowsr to tl?s Secured Party. diroct oc iad'u~ct, abedute or eontlnq~n4 ao~w ~Niaq ot L~~- ;
! a~er uisinq, now dw or h~realter to becvm~ due (all Loroioalter called the °ObligaKons.'~.
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j Dormwtr hsreby wuranb and aqress thtt:
¢ atlool: asd.
~ 1. 7S~ Colla~~ral b acq~~ired or used primuily for. ~ p~rsonal. tamily or househdd purpwM: businas usr, or ? larmio9 ap~r
ii checked D~n is bsinq acquirsd with the prooeeds ot the loan provided for in or secursd blr tLL aqreement, ~ad t6~ S~cv:rd PaAY oaT dis~
~ b,use ~uch proceeds or ~np part t~ereoi dinctlp b th~ seUer ot the C'lateral.
~ 2. m,, c~U,~.~~ ,~,;u ~ ti.p~ 3210 Oh.an,ge Av¢nue, fo~r.t P~.Phee, S~. Lucl e. Fect. .,T ~
3 [No. md Strost) ~CitY~ [t%ountY] [3t+M~
2 tre addres~ ~own at ihe beqinnlnq o! thts aqreement: Hortowet will prompUy notifyr Sec.yrod Partl o! anY c5anq~ tn tl~~ lxatim ot t~ CoUat~sal
~ wi:hla sald stats: and Hocrowsr will na remove ths CoUateral from said state without th~ writt~a ooas~at d S~cvr~d Partt.
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~ 3. It 1!?~ Collataral is acquired or ussd primarily ior psrsonal. familp or houathold purpoNS. or for fuminq op~ratioos uN. Don~aw~r'~ rN4
cience in Fbrfda is that ahown at the beqinning of this aqreement and Bcnower will immdiat~lp notify Sscur~d Pact~ ot mY ~anq~ fn tL~ bcatba
d said rwid~np.
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U tss Collateral is to bs attachad to real estats. a deacription of ths rsal estats. bcat~d tr CouatT,
F}orida, is as iollo~s:
aad tDs oam~ d the lmown ownsr is:
and i! tb~ CdLteral L attach~d to real estate prior to th~ ped~ction oi ths sscurity iat~r~d qranbd h~r~bY. Bonow~r will. m d~mand d S~t,vr~d
PYRy. hunisb t~~ latt~r with a di~ctaimer or disclaimen. siqnsd bT all persais havinq aa jntrr~st in th~ r~al ~sfab. d anT inMrMt in th~ Co11a/K~1
t~a1 is prior !o S~cursd Patt!'~ interest.
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S~ II th~ CdLteral b aoquired or used ptimarilp for businsu us~ and is of a tpp~ normally ussd ia ma~ thsa oo~ sta», wMth~r ar aot w
~ usQd. aad Boriow~r has a plac~ o! Business in mow th~a on~ wte. th~ chisl plaos d businw ot BoROwu b-
~ [No. and &tNt]
~ [CuY] [C~h~~ c~.
~ it l~h Dlanir. ia 1Sat shown at the bsqinnlaq oi this aqreemsat, and Bortpw~r wi11 imn~diat~lr adifT S~cvr~d Partt in writinq d an~ chanq~ fn
row~r a esi~f plan d busia~: and if c~rtiticates of tiW ars isw~d o~ wbtaadinq wit6 r~sp~et b m7 of tM Co13at~1. Haraw~r w11t aus~ tV
1nte++st d S~cui+d Party b b~ pmp~rlT notd th~r~m.
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: 8. t~p1 for tDe s~cvritp iaMrest qrant~d herebr. Bonow~r is ths awafr oI ti~ CoUat~ral 8n~ icom ~n~ ad~~cs~ Wa, »c~u1tT 6ai~~
aacumbrano~; and Docrow~r wili del~ad th~ Coilat~ral aqaiast aU cJalms and d~mands ot all p~iwns at aaT tlm~ daimtnq t~ sas~ o[ `
5 W~r~ia. • ~ . ~ . ' ~
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7. No Finandnq Suam~nt co+~riaq aap Co13aNra1 or anY procwds W~r~ot b on 61~ ia anT publie oWo~: Bor~w~r wlborisM S~oisrd PuAT
to file, in iuri~dictlaes w6~r~ thi~ authaiaatloo will b~ qh~a ~fbct. a Finanefoq Sht~m~nt tlq~d ao17 b'! tb~ S~cvnd PariT d~sfbieq tb~ CoWheal ~ r
la th~ ~ao~ maan~r a~ il 1r dMCrib~d 1t~tNa: aad itom tlm~ b tlm~ at W~ r~qw~t of S~cvr~d Putl. ~cut~ ow or no[~ F1wec5q 8fa1~~
aad ~uc~ otIIK don~m~nts (aad UN oost of u
~nd do ax~ athrr acb aad ~l ali a~ th~ S~cvr~d noo
~ th~ ~am~1e ~daWf~h a~ ~ tw S~ac~d P~)
~°9+. +~f «cvri7 m1~Mt i~ tlw Ca~Maal ~ d
all otE~s liWU a~d c41ms wtiabWv~r) b wcvt~ tM paTm~nt ot 11N Obliqatbns. indudinq. witbout IlsNatloe.
Eicas~ d mM 1rwbM ~tts rMp~et to aa7 d tL~ CoUat~ral aad notatbo tLi`~~ 6~wedK. ~~~t d aaT as
BOOKI(1C7 ~tXCf~~~u~
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