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Home My WebLink About1907 . • . ~~~.JF.r!` ~~i~ _ . ~r. ~ ~ ~ ,~~1 . . 4 ~-..~.t".~ ~ s ~s ~ t ~ i' it--'.- ~ ~ ~3 AUDITIONAL TERAIS AND CONDITIONS OF SECURITY ACREEMENT ? . . c- . ~e. _ ..,.w c ~ cONTINUED FROM OTHE t i~~.~.~. ~ ti~ ~+p : ta,fi: ~ : : . a t. - • , . i r r . r ~tr~c ~ "+i `K. Ikbtun warr•rn1 U?ey ue ;ROUatrral f~~~ aixl ckar ~~f lieos. emumbram~es u~dsc~y~t~ty tnterc.t~. hrbtur~~c efl to k•~ :+a~l colh~errl, fully inwrrd ~ ainsl ~U wbsl•rnt~ ~ '1~'iQf inw~arn~a rriwnobly telatod to the type and val~e`bF tkE'p~insuKd atid Mr ~O.f, . 5 U:. loan with~ payabk Io xaid igns; ~nd to pay ~il ptemiums themfor. top~,~1 s .othei ~i~~~g~y ~id _ ~ hcn Ih~ ~ame becamcs due. T of saW ~utlateral [ran any cause, with or v?7iihah~a~of th~Dc~[ots; s- ~flf'~not a li:,hility ot the [kbturc to ~epay aiS~' ilHrde ~ereby wcute4. 7'be Uabtota 11~t they,wW not weaaid ~ter~l fNep1{yr. will ~~self; b~i"=+~ ~,r dicpose of sati rollatcnl without t ~~t~,~g~ermissic~n h~~S~ cLra1 Putr.o~~ - will k' ssid collat ~~p~ aad setvlrcabk ro~ltion ard~~ ~s~~ .~nd w ill not allow thc same to be miw~lii~d. Debtors~~~ll~'albt to remo o pr vehK~rludeJ in~ ia1BTe4sl fran th+aState and out to reirdv! u~hcr rultatcr-rl from Ucbton' adJt~s ~tawn on revetse sidc witt~oui Setuted Puty's pe _ 7 im. ic of thc rssrn.~a of lhic Ag~rtment and shouW Debton fail to pay ~ny ind~btednnsc hr~r~y se~vrrd ur 11ee intrrcst Ihrmon k~h.n the wme tr~~nx. Jur ~~r Je(•rult in any of lhe I~btors' other obligations or ~ovenants henundrt o~ if the Secured Puty feels inserun in hic srcuriq~. Ihr enUn ~rnlrbtrdnecc hercbv urrJ ~hall, ~t !he option of c•rid Srcured Puty ur assi~ns, b~~.ome immrduten~ Jue and payable. Secured Party may then Wke pacsrssion i~f vid pn?prrty and ~ i~~r ~h~t pur~x,sr Srcured Party m~y, s.~ far ae Ikbton c+n a~~~ aulhority therefor, entr~ upon any pm~ai~es on which viii pro{~tty or patl lhrmof m•r~• bc sUuat~~i .~nd rrmove ihe same tlxre(tum. Securrd Party may rryuirr [~blurs to.make,said piopotty ava~lable to Secur~~d Patq• at a plx~e lo be decignated b}• the Securrd , Party w•hich is reasonably uonvenient to both puti~s. Secu{edYart~-wi11 6n~c Debtors rcasombk prior.K•ritten noti.r uf thr tipic and pLt~aot any publi~::sak ' thcreof or ot thc tbm aRer vrhich any private sak or othct intended dispositbn tNereof is to be made. Flrorn thc {ita'eed3 of any aich sak•; the Se~vrcd Part~; ' may dcduct the expenses oi npo~se~ , storinE and scl6na or the I~ke includinE ~soaabk attorney's lees. "Fla' bala~~r thereot shall tre applied to tlx imdunt` due: Dobtors slwU p~Y any rewltins daC~ciency with inteeost lh~ecooa and shal! be entitled to any 3urplus. !n the event Secured Puty ,stull plase.this S~e~uity s :~~rrrment wltb an attoraey for wlkction. rep~scessioo of tbe security. eN'otament, o[ Secured Party.'s rights ot other (rgal actpn,Se~~ut4s1 P:yy~~_ shall bc e.n- cielcd to a reasonabk attorneys' fee therefore, ~cluding attorneys' fees for prose~vtiqg or defendina any appeal in connectjop herewNli, In rnnswing this.A~reemeat. the ~endtt aad aumber of wpr~1~ may. tw chat~gc~i to meet 4he context. A~y put of.th~ Agret~p~~t yonuu~ _to the la~• qi ihic State sha~l aot invalidate othcr parts of thts llaramerii. , ~ ~ , . _ , . • . , . . . , . . . ~ . . . . ~ ~ # • ~ ~ ~ . : f - , - ! . - :'I.. I ~ ~ . . . ~ , . . . . ~ ' _ , , r. t~ , • - . : S~ . ~ ~ . ~ : _ ( _ r-- . .:l~. J.il. . 4,... - . . i . _ , , . . . . . . . . ~ ~ . ! . ` ~ i? " t . _ _ i r"i - : r ~ ~ ~ . ~ ~ ~ . . ' ~ ' . . - . l - . ~ _ - _ . . . _ , . " > > t . , _ • - - . . 1 1 ; ~ ~ ~ , _ ~ . ~ "f . - ~ ~ , . ~ - _ . . . . ~T.1' ~ ~ Q'~ • - 1~ ~~~Y~t~.~-. . J:'~ . ~ i.~r.- . ~ i:;r~ t ~ ~ T~~)::' . . ~ I-a ~'i ~ •1 r ~ . . . ~ H9 ~ 193Z ~Sc~i~~~ ~ 4~~:~ r . • . ~ . - - • ~ - ~ \r ti- ' . . . . - - . 1. _ ~.i~ ~ A ' ~ < ~ _ _ „ ` } . . . s - `i - - , _ ~ _ - ~ - ~e'~s."'+ r" _ . ~ - ~ . ~ ~~1~ ' 1 J. . " ~ _ . _ ~ - \ ~ : ` ' , a R z43 _ ~ . ~~~~t :~a9 ~ooK r~=~$ - -.s~ ~