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glai~' Oti' FLORIDA I,ppN Gp_680, 152-10-07-MIA
C~Ul+l.''_' OF ST. LUCIE DATE
SECURITY A(3REF~ ~
(~~vpn~ory an Accounts Receivab:.e~
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~,.~~~T~ f John N. and Eveline A. Stein, d/b/a FORT PIERCE ATTIMAL
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C LINIC of the e~ove -~eo. ~:•s-:, s.xl ^o~u?ty, `
(~~~~;us~'t°.r caL'~ "~et~tor"), and SUN BANK OF ST. LUCIE COUNTY -
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of FORT PIERC E, FLORIDA , ~
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(~arei-v~~'~er ~a2leu ''Securc~. Party"), WIrNFSSES THAT: ~
1. Je3~~+r is bo~
rosring Pra~ Secured Party the su:~ a: s. 40, 000. 00 ~ ~
as e~rs.d~rc~c: by ~~tr~~'s Note of ev~en date here~rith, all te~s o: ~ 3.c ~~•s ir_-
corpo~t~~ ~ierpin a~~d msde a part hereof by specific refereace. c: i~r t~ s~cure ~
t_ze re?v~;,~rae:?t o! '.~e indPbte3ness as defined in said Note, e~*a o~ ~'`.aC_ ~-•~ts as ~
set for~„~ i:~ pare~~~ 3 hereof, Debtor hereby grants to Sec~L~i~ Y°~*'-, a szrtirity
irtereat i~ ~btor's inventory and accounts receivable, ar~i o~cc.Fr_z~ :~~r~eo~, all ~
o_° ~ic~ is ~er~i:~sf Ler called "Coll.ateral" . "IIIYE'II~OT'31~ a~ ~spa ~ at P::1 nPans all -
in~?ea~ory of goaiis, che*_-ie38, mere2~andise a~ other articl~~ _n t~z~~:~_. ~•naru~i~g in
sveci~'i~s, ~ex nete, iae2s, goods in proceas and all other ta.~i~:? rer~.~~~ v~operty ~
nou a~ned or hPT~af ~er acg_irAd by_ Deb+.or and held for saie o~ ?~~.~a ±,o be furnished :
wxler co:~;.~act c~~ serv'~ce, and/or used or consumed in Be~t;~`~ }~~pi:ies~, i:sc~~.ding Y
a:~y an` a??. procn~s oY ~?rc~c'.~ets t~ereof. "Accounts Rece~ ~sc :Q ' Sy ;~F:~i '.e_ ~in means s
A.r4~ ri~t to ~;~eat Par ~oads sold, leased or Purnisr,~d ~~~der c~:~.~~Y n' aer~~rice, ~
or a~~ ri ~i; l.,c pay~e;zt ?cr services rendered. ~
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- ~t~-or ~rarrants s~d agrees that: ~
-J !ej :'he t^~~ate~al and tbe records concerni~ :`sF !;•:;'.=~:Q:~? ~
- ~ a:~ ~ li b~ kept at Debtor' s only place ~ s) o~ T~~rE'-.:~ s~. '
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- 2801 Orange Avenue
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~ Fort Pierce, Florida 33450
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" on pr. esi~es cirne~3 ~3y
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~x~.n reque3t, De},t~r Frill deliver to Secured par-;; s
o_' ~il int•~rest in the Collateral, executed by a31 _.~~rt~~s
en in;,erest in said premises; Debtor xill not chan~~ s•_~'~• ~
*=o~ { s; wf t~.~a ~or ~?ritten consent of Secured ?ar ~:-i• : ~
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~ ~ 1 'TMue ~~~L.r~' eral at all t i.mes shall have ~ " c : • c • _ : ~
-.~.~•,e" of at Ze$st of the euipaid balance o~ t:•,a
~_`r}o~'~r~pjS her~T~y secured; "net security V81ti@~~ 8S 1~SF"i ;:E'?'° ~:i
~.s~ns ~rP ne*. val~:p of inven+..ory, at the loWer ~r co~t, r~~_t..*..
:e~ taYing into acc~unt all chargeB and liens ~e zns` e SRrr~ :
f:;a t:h° , valu~ o~' current coliectible account ~ Tp'~-' f¢
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