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Home My WebLink About2315 (e) Borrower Wiq ~omptly uPaa request of Bank joia with Bank in execv ~'ug ooe ar moce 6nu~n8 statea~nts. aotioes, a~davits, ar similaz iastnuneats ia fonm sAtisfactory to Bank. and svch other iawumeots ~ Ban1~ may Iram tiuoe to time requat. aod p~Y tbe ooat of Sitng tLa same in any pubUc o6oe deemai ~dvisabb by Biuk. ( f) Borrower wiUpay aad disch+r8a wben due all ta=cs.lovies aud oth~r cLarSes on the CoOateral and on sajd land and oa account of or in ooiu~ection wit6 its 1tabllities aad uotes evldenang the same, and w account of o~ in oonnedion with this a~teement, iacludin8 docv. mcntary ta~[ stamps. • ~ (8) Borrower willpa Y u paut of ifs liabilltiet securea hcreby. all amouots d ooats aod r,~Pe~s. i~dioS attomeys fees. with in- terest thereon p~d or iocumed by Bank (i) for t~es. k~ies. ins~usaoe. i+ePsus to or maintenanoe of the Col4teral aod for any other taxes ot le~~ies require~ Len~under to be paid by tha Borrower. and (N) 1n qkin8 Pa~a? of. duP~B P~~e tLe (:ollateral after any defauh hcrcinaEter desc.~ribed. ( b) Borrower will na permit any of the Co~laceral co be cemovod iTUm tbe abov~o-mentioaed bcation wicLout ebe prtor written coa- x•nt of thc Bank. except for sale In the ordinarY couise of Botmwet's farmInB aP~- ( i) Borrower will Lnmediately advice Bank in v?iiting d any clunge ia tLe Bo~rower's rtsidenoe. 8. Borrower will not ( a) t any lieas or secudty interats ( other than Bank's secudty interat) to attich to any of tLe Collateral. nor ~crmit any financYng statement e:cept Bank's 6nanan8 statanent to be on file with respect thereto; ( b) Pe+mit my of the Collateral to be lcvied upoa under anp 1eSa1 P~'oc~: (c) disPose of ~ny o# the teral witbout the p~iof writtea oorueut af Bank e~cept by sale in ordinary course of Borrowers fsnnin8 operattons: (d) Peimit mything w be done t},at may impair tbe value of any of the Collate~al or tl~e security in- trnded to be afforded bY tbis ag~neioG , 7. Bank is hereM' aPP~~ Bormwer's attarney-in-fsct to do a0 ads and things whtch Banl~ dee~nn neoe.ssary to pafect and ooo- tinue perfocted the secudty interest aeated by tbts agreemeflR aod bo protec~t fbe Collateral. bnt Bank ~ aot be obligate~ to do any thereof. 8. Borrower shall pay Bwk such interest as maY be specificsl in any note evideacin8 : ban or advance made hereunder and such service charges as ma~y be agteed upoa and shall pay to Badt all ooats antl e:pensts, iadudin8 attaaYs' fces, it~cvr~cd by it in tl~e p~~atia~ oi col- lection of Collateral. Cl~anSes in interest rate and savioe d:arges msy be made by Bank fram time to tlme, notwi the interest nte speciSed in any note evideadng a loau or advanoe her~under, npon notice to Boauwer and s6aII become effective an the da~~ specified• ' 9. Until defaul~ Bozrower may retain po~an of tbe Collaoa~al and ha~st. Pidr. Prooea. stae and nse it in aq? i~wfnl manna not in- ro~;stenc w~ch che a~eemenrs ~e;n or wi~h che ce~s sod aoodiao~u oE any poL'~y o~ insu~anoe and m.y us~ and ooaAw,~ anr ~y. grain, foa1. forage, fodder. ar cropa eavered herebY ~ P~S ~ PnP~DB ~~~Y Iivatock ar poulexy in wht~ Bank bas a secvrity interest. ~ 10. If at any time sny ,~~~on. oat18cxce or satemmc af BonvRa is noc hne, ar if anr L'abilic~? a~ a: i~ln,ent thereof a~ interen therean is~~ptu~' whea due, or if aap eYent of defank as de6ned in any mte or other evidenoe of ~6dd by Ban1~ should oavr. or if Borrm~e.r fail to obae:ve o~ perf«ma~+ a~eement ar teim M~eaf, or if Bont at any time feek insecute far iny reason wha~ ~ ma~o its option. t6ereupon oe thaeaPoer declare aII WUlities of Bat~ov~er togan~r, o: af tbem selected by Badc (not- K; nt ihcreo~), innmediatdr dne and ..itbwut danaud ar notioe of a~ land (~nt wich sucL adp' if any. with respeet to any interest oc otl~er~ as may be ' for in the pmmissory note or atLer writing evjdenc3n8 sneh Wbih'S ~j, and Bank in additIon to any oth~ ~htt and which ftnw}? have, s6all bave and may e~dse immedi~Y and without anp and all tLe defauh nndet the Unifam Commarial ('.ode, ana under other appliKtils~w and all rights righis and remedies graated to a setvred patty u providod herean. in any note oz atLer wiitin8 anY liabiHty. and ia any othes a senuity ot lo~n agreement, all of wbic6 rights and remedias sball, to the fiill ertent pe:mitted by law cnmulative inchdiog. witLout~~ tbe geaezatity aE tlie f the ~t to take sa~ch other~measvres Bank may~deem~~nooessa~y~far the cane. SmwinB• ~~5. P~ P~. ~ 0~~~8 of the Callatezal. 11. Upon request .or deaoand o£ Ban1c. Borrovrer at itt e:pease, assemble tl~e Caaatanl antl mabe it availaWe w Banl~ at a ooaveoieott place soceptabk to Bank Bonowa s6all~pay bo Bank os anY aad aII esPmxs. indudiD81~a1 ~pe~ aad ~omble attoiney's fees incurred ar paid bY ~k ~ P~S and enfordn8liahilities and tLe rights af Bank hereunder. ind~diug Bank s iigLt to taice poa~on af the Collateral a~ its prooeeds. Any notice of sa1e, disPoaitio~ or ather mtended ution by Banir, seat bo Bo~owe: at the add~ess spedSed abo've. or such other address af Borrower as may frum time to time be sMwn o~ Bank's reoo;ds, at least fiv~e days to ~ch xtion, sball ooastimte rea- sonable notice to Borrower. Tbe prnoeeds of anY iisposiCion of tLe Colla or anypa~t thenof. maY~~PP~ b'i~ tbe Bank to the payment of any liabilitia wLether or not they. o: any oE wem, be tLm dne, and in~ orde: of a~piication as Baolc may from tiione ~o tiaue e3ect. 12 No waiver by Bank ~ any default s6aIIa~ate as a vvaiver of any otber ~lefaak or of ihe same default m a fintaue oocasioo. No delay or omission on the pazt of Bank in ezercxsing any n or remedy shall operate ac a vvaiva thereof. and no angie oc partial esercise by Bank oE any right or remedy shall precwde as affxt or further e~erdse thereof ar t~e e:ac+se af any other rig~t oz remedy. Time £s af tbe essence of thisagreemen4 The provisions o~~ a~ment are cvmnlative and in addition to tbe p~m?isions of any Wbility and any note ar ~.her writing ev,'dencing any liabihcy sec,ired by d?is a~eement, and Bank s6atl 6ave aIl the bea~. rights and remed;es af and undez any ha- bility and aay note or other wtiting evidendn8 mY ~~h' ~~bY. If mae than oaep~ty shall eucvte tLisa~m tbe te~m I "Borrowei shall meaa aD parties signing tLis agreement and each of them. and aD such paities s6aII b~e p''nt1Y and severilly ob1igaUed~'and liable ~ hereunder. T6e pronwn, when used het+an. shaIl indode the plunl. and tbe ~ sLaD 'mdnde the mascaline aad feminine. All rights ef t6e Bank b~e~~shaII inure to the beae6t of its s~aoes~s and ass~os; and aII obHgationt of Bariower s6aII bind the bd~s, eaearto~rs, ad- ~ ministratots. sucoessors and assigns af each Borrower. If this agrcement is not datod wlxa eucnted bY the Batiower, t6e Bank is anthorhed, ' without notice to tbe Boiro~w~, to date this agreement. ~ 13. Thisa~eem~ t may be taminated by atber party g~ving the other writtea notioe af intenbon to taminate on s date named in said ~ notice, mailed or delivered to the address sho~wn in the preamble oE this ar to the last lmown addness of tbe Bonower or otber puty ~ to wt~ ~uh n~;ce ;s addressed, shovvn m rLe r~e~ords aE the san1~ or ~'tmown; but no sn~ ierm~ation shall in any way affect cLe rt~hts and liabilities of t}~e parties hereunder relatir.g to bans made anl Collateral P~S~ P~~ to tLe date named in such notice. 14. 'Ibis agneement has been delivered in the State of Florida and shall be conctnxd in acooidance with tbe laws flf Florida. 4 II`3 WITNL'SS ~VHEREOF, this agrecment l~as been duly e:ecuted as of tbe date bereinabove $rst K~ritten. ~ - ~ si;e:~ed. sealed and delivered in the . • ~I'~ ` Action No. 72-633, in the Circuit Conrt f~1 t _ ~ ~~~:s . ~ = Lucie ounty, ori a, an not individually ( SEAL ) ~ - . BORROWER F N AT TlTUSVII.I.E ( coxroR.t~ ~ sE~u. ) ~ ; _ ~ - Br ~ President ~ ~.~I'ES'I': ~ ~ ~ ~ ' BANg = Ti~.. As its ~a ~ ~ ~ STATE OF FLORIDA " COUNTY OF BREVARD .,t.s~~~:?:; - . I HEREBY CERTIFY that on this day before me, an officer duly qw~li$ ti t ~ take aci~nowledgements , personally appeared J .J . PARRISH . JR . , to me welY`~.~ : _ - . _ ~ be the Receiver under Civil Action No. 72-633, in the Circuit Court for St. Luct;~`,4^'~".r : ~ ~ ~ . Florida. and to me known to be the person described in and who executed the ~~reg~ig~' . - : _ ~ instrument and acknowledged before me that he executed the same . ~ = _ WITNESS my hand and off~cial seal in the County and tate last oresaid this ~~da ~~di~`7 _ ' ~ ~ = 1973 . f - ~~~Q ' ~ ~;a+~~v ~ - ~ ~ ~ I~iy Commission Expires: Z~ ~ y~3 Public. State of ida at Large ~ ; , , , ~ ~ ` ~ Y~='~~~~, ~ ~ >~L. .Y,~`" .