HomeMy WebLinkAbout1398 • y
IIAMCO F011M
YNI OIW CAOWt~`AL COOE IIMO. O
wCOQr 1,
~'4p~~ ~~1~re~m~itt
(CNATlFl MOR7~AGB) :
,
~~~M?1~~ ssde the 12th day of March, ~ 7'4 ~
mdar d~e la~s of d?e sca~r oE Flo~ida.
p~P~it J. CRAIG DISTRIBUTORS, INC•. d/b~a TONY~S FINER FOODS,
~
. hereia called the Debour ;
.~Se b~s~~ss ~re~ u(;f ~e, .,t;ce '~noa~") 519 Delaware Avenue, Fort Pierce, Florida, ;
. • - ~
.
~sd ~6ose residence address is none , ~
C,OrpOI'dt~0Y1 ~ i
~
~d ~$pC~ATEp GItOCERS OF FLORIDA, INC a Florida/ herein call~d the secured Parcy ~
.,bose,ddr~ss is 6695 N.W. 36th Avenue, Miami, Florida. f
~
. , ~
~it~u~~cih:
=o seaire the payment of au indebtedness in d?e smount of = 16, 044 .62, W1t.~lOtlt ii~iKiaterest,
psrable as folb.~r. - ~
on the 15th day of March g~o
S100 per week, commencing ~
each F'riday thereafter until the entire ~
1974 and on ;
indebtedness is paid in full. ~ ;
~
' ~o ~ ~
_ ~ yD r m
~ ~ ~ ~
ents due as above provided do not carry any grace
The paym
period and the same are due to be paid at the office of the '~9 ~
Secairecl PariY in M iami, Florida , on or before S o' clock ^ ~ `a~
~ p.m. of each week. ~ i° ~
~
rr~_~
i
i , -
f _ ~
€
f ~ as ~~ideoced by a aote oc notes of e~en date hereAich, and also to secuce any ot6er iadebtedness~or liabiluy
s ~ of che Debcor co che Secured PaccY duect or ind'uea, absolute or contiagent. due or to become due~ aow ezistiag
~ ( or bereahcr ausu~g. inctodiaa all hu~re advaaces or loans which may be made at the option of the Secured
~ ug
' pacty, (a11 b~ceinaher called cbc "obligacioas") De6toc heceby grants aod coaveys to th~ Secnre arty a
! acd morcgages w che Secured Party?
; secocity interest ia,
(a) the pcopect~ describcd in che schedule her~in (hereinaf ter called che collateral), which collateral t6e
I' Deboor repcesents sill be used primatily
~ ~~t personal, family or honse6old putposes ? in facmiag opetacions ~ in busiaess or other us~
~1 ~~ny~ aaoas and chaccels of che same classes as chose scheduled, acquired by tbe D~btor sub-
t sequenc w cbe ezecution of cbis agreemeac and ptiot to ics termiaation
all proceeds tbereof, if a~?, _ {
(d) a11 inccesses, substicutioas, rcplacemeacs, additions and accessions thereto. ~
DFB"IUR t~'ARRAIV7~~ COVFIVAIV7S AND AGRF,ES AS F~OLL~wS:
To pa~ and perfo~ all of che obliguions secvred by chis aauemenc acrncding ro theit :e~ms.
To defend c6e ucle co the collatetal against aU petsons and against all claims and demands ahatwe~er. whicl~
colla~enl. e:ccpc for the sec~riq ioceresc &ran«d h~«bY+ is laafully o.med by the Debtor and is no~r free and clear o(
Y
~ ao~ aod all lims, secvdq interescs. claims. charaes, mcumbtances, azes and assessmmts e:cepc as mAy be set (or
io ~e scbe.iule.
~ Oe deoand of the secnred partr co do the follo•cia~: fumish further assurance of title~ esecute any pntten aateemrn
~ ocdo aopot~eracts necessacp w effectw~ce the putposes and procisions of this agtetmmt,execute any ~nsttummc orstatr
weoc tequired by la~ or otsec~~se io order co perfect. conuaue or cem?ieace the security intetest of the 5ecured Pacty in i
~ cLe collacer~t aad pay .~Il eoscs of filinF in conneccion rhercRid~.
-('o recuo possess~on of ehe coltaceral 3ucing che eziscrnce oE rhis aRreement and not to sell. eschange. assig~, bea.
~ deGcer. le~se. mor.E3Re oc ocnes•~ise 3ispose of sa~ae withouc ihc ~riccen consent of the Secuted Yarty.
To keep t~e coil~ter~l at cae bcacion speci6ed in ~h~ schalule atxi not to remove same (except ~n the usual coucse of
h
bnsiness EO[ [C9p0[~t} feciods) ~ichouc me prior a~ric~en coasene of che Secured F'arty.
To keep che coll.uezai fccc an3 clear uf atl liens. ~harges, encumbr+nces. ta:es and assessments.
pa ..~eo due, all ts:es. assessr~ents and license fees telating to the collateral.
~ To 1~e~eF che coll~teral, ae Deocoi s v7~T cost and e:pease. in g~a~e sa~~ avil ble~For nspection by the Secured
;~raste or ailo~ oo d~:enorate euepc for nocflal arear aad teac aad to ;
i ParcT ac all tcasoaa5le times. -
~ TQ k«g d~e colt~t~ra( insured ag~ias; toss by fice (includiog e:~el~ded coverage) the(t and othe~ hazards as the
:;i $~~yted party m~r te.;uice u:d to oota~o collision insurance if ayp!icable:.~licies shall~e in such (otm and amounts and
~~ich snc6 com~vnits as ~he ~ecure.i Farty m~} designate. Polictes sha,~l e Jbt}ie ~sf ~e tive p ttiesi asntheir ineerc
t may
yu do business +a this state. ~_ectificates of insu[ance ot polic~es. p. y P
, appeu. sh~li be .lejvsised ~i:n che ~ecuc~.! E'arty who is suthoti7rd, but un.ler sw ducY. obtain such insutance upon
(ailare of the Ua~+tor c~ Jo~, ~1~~~~msh~y~~Ile pr ~fs ofdloss rw ih insun~rs, n bt
tchet byFa ~puines e6e Secuced f aety che
~ damage co e~?e coli.~cer l _ P P_ . ~
~ a~torne} tor che I~lbTJt in o:eaia«g, ~•lIUS!i0is an_ cancellio~ ~ny such insueance and en ts~ng seeelement dtafes am1
; 6eteby ~~si~s to s~e ~ecurcl E'~rcy ail sur.., ~~ich may become payable undet such in'nr~a~«. including recurn premiums
: snd d~~iS~n-ls. as ad.iitionat secu[icy ~or the indebtc.i~ess. ~..t ~.~,0 PAGE~~~
~ f.
_ ~ -
_
r. _ _ _ _ _ - d,