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HomeMy WebLinkAbout0958 ~CC 300 NO. 181?i REOR~ER fR01~1-FORE IINE SYSTEMS. 80)( 10463. TAMPA, FIA. F~ ~3 4. 50 Fla Doc stamps affixed • to original note Contract Na SECURITY AGREEMENT coNSU~R aoo~s ST. LUCiE COUNTY BANK fORT PIERCE. FIORIDA James H, Mendel, Jr. M. D. P. A. if ,,,,r. [Nam~(s)vf 8o?row~?(s)] cnan one, uch of tMin iointlr and s~wrsllY). h~rNnah~r ull~d "8wrowr', a 1090 VirAinia Avenue, Fort Pierce [No, and St-MtJ [Cib] St. Lucie Florida , iw valw nc~tv~d and i~Naidir~ to b~ ~aih eow~a. n.~.er s•a~ to [Cow~?l (stst~l ST. LUCIE COUNTY BANK. NRT PIERCE, FLORIDA hwNnsR~r qN~d °SKUnd ParQr'. s s~uriqr irKerest in tM toilowint prop~rty: ~ N~vr or Yqr Manufsttur~r w YodN NumDK Msnufadurtrs ( Us~d Mod~l MsM (frad~ Nun~) D~ac~iVtlo~ d Collabrsl or S~rNs S~rial Na f 1 ~ Listed Below: ~ ~ ~ Fourteen original paintings by Therese Knowles described as follows: ~ ~ 1. Mangrove in the Moonlight 10. Jonathan Dicksnson State Park ~ 2. Mangrove Arch of a North Fork 11. St. Lucie River ~ 3. Jack Island Birds 12. Peace River 4. Alexander's Springa Forest 13. Everglades Cypress 5. Red Flowers in Vase 14 Bananas in Back Yard 6. Labor Day Storm - South Beach 7. Mother's Castle, France ~ 8. Bridge in French Village 9. C routona ~ togetMr with sll inere~s~s, piRS. fitdnp, ~tqsso~its, pulpm~nt. aed splcial tools now o~ M~safNr sfli:~d to ~ny W~ny psR tMnof o? us~d tn tonmttlon 'w? wdh any th~reof. and aN ~plac~mtnts of sti o~ sny R tAtreof (sll o/ ~fik1~ Is MrqRer ca1Nd "Co~iat*raY'). t0 r~ tM pa~?t o1 s D~iffwy noh o? ~ ~wo Thousand Five Hundred and No~00 ~ noces ~a~tut~d by Bwrow~r i~ tM smouM ot 2, 500. 00 ~ , s ~ y. of ~vsn dat~ Mr+rrkA. and any snA sil uct~nsions or ren~rrsh tMrwf. ad sny ~nd slt other Itapilities w oWi~~tions (primary. secondsry, direct, contin~en~ so0~, jant, or s~vtnp dw or to D~com~ dw or which msy b~ htroafter contrxted or scquind. of ~sch bonaw~ f~Nudi~K esch Borrower and any other persoN to Securs~ P~rty (sIl th~ for~gar~ b~int hertinsR~r call~d tM "lisbititiss'7, snE siso to s~eun tM p~rtom~snc~ by Bw~ow~~ ' of tne agreements Ixnioa(tar s~t forth. Borrow~r Mrsby wsrnMS and s~rNa thst: I. (s) 8ormw~r is tlw orrn~? W the CWlat~ral tNar oi aN INns snd s~cuKtr inbrests ~t~pt ttw s~curity fet~r~st pant~d MrMy: (b) Borrow~r has tM r~ght to makt this s~re~ment• a~ (c) TM Co~lst~ral is us~d or ~tquir~d fo? us~ primarily for tIN purpow CMtM~d~ ~ pKSOns~. familp w Aous~Aoid purpos~~: farm purposes; or (_y busintss Durpos~s: snd N cMtkW Mh , iM Collat~r~l ii bant acquind Mith ti» proc~ds ot tM losn provi0~d for in ot " secured by this a~retm~nt, snd said proe~ads wilt bt usid`iw no otMr purpos~. snd 8or?ow~r Mr~b~r author~z~s S~eun4 PsRy to disburs~ sueA protMds M d~y part thereof dir~ct~y to tM ssller o/ tM Coilsbr~l or to tM insu~~nc~ ss~nt or trrok~r, w both. ss sAown on S~cu~d Psrtys ncords- z. c,~ Tn~ ca~.c..,~ e. ~wc ~t 1090 Y; r~inia Avenue, Fort Pierce, Florida, St. Lucie County ~ tNo. sne se?..tl tcKr] [c~rl - [sat.l `~';s o. ~1 IeR blank. st tM addnss shown at tM b~innins of Mis ur~em~nt: Borrmwr wrill promptfy notiy Stcur~d P~Ry M aey eAso~t in tM locstioo of tM rouatersl w~th~n ss~d sfste; snd Borrower wlli not r~mov~ tM CWlst~ral trom ssid stat~ ~rithout th~ writtee tooseM o1 S~cu~sd PaRY• (O) If tM Colist~?sl is ~:sed or acqw~ed for us~ primsrily for personal, fsmfly Or hoYSMold purpos~s. w tor tarm purpas~l, Borro~rtr's rfsidlnt~ in Fb~ds is thst showR at tM bf = g~nn~ns of this s~~~ement snd Borrow~r will ImmWistNr notiir S~cur~d Psrty of sny chsn{~ in tM location of s~id ~tsid~~c~. ;;-i~ 3- (s) If the Ccllsteral is acquir~d or ussA primarily for basin~ss us~ snd is of a tpp~ ~ormaly useC in mor~ tMn aM ststs, whKhM W not so us~0. ~nd Bwrower has a plsc~ of pusin~ss ln mon than aw stat~, tM chiN plx~ ol busintss of BorroMrN ~s: X~ [No. and Streetl o~. if NR Wank is thst shown at tM bKim+ir~ of tAis s:r~em~nt. and Borrow~r : (C+tYI (ca,Myl [stst.l ,~~n ~mmeA~ately notity Secured Psrty in writin~ of s~! thsnse in Borrwwrs Chi~f plxe d bus~ness_ (b) If ttRificatK oI titN a~~ issued w outstandin{ witb '~'•OKf t0 any of the Collateral. Borrower will causa_ IM Mt~nst o! S~CUhO raRr to W prope~ty noted tM s r suM t~A~ ~at of titla to S~tured . ~~,~y ~ ~5`~' . ~ - _ : .