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Auc~ust_ 300~~~.~#156?
Wh~te Ridge Water Company Box 1088 Ft. Pierce St. Lucie Florida ~
~ -
ltam~) (Na aM 8trwt) (CW er Towe) (Caut7) (ifaN)
(heninsiter called Purd~aser). tor valuable conddentlon. rsoeipt ot which i~ hereby ackTw~?ledged. does hereby purcba~e tron? and doe~
hereby grant to
Eb~D...~I8I1LLfdGt.liT~i19.
CG10~8O.~
~ _-N4r~L.~~milton•.Road_....~_C~l~umbus-.......-•Fsank~~......---Oh3,-O
cr.m.~
thereinsttar called the 8eller). s securlt,p interest ia the foilowing de~cMMbed property and aq~r ud all access~ons thereto (hereinafter
called the Co1latEral) for We total price end upon aad ~uD~ect to the ternu ststed bebw. _
DESCRIPTION OF C:OLLATEEiAL: 13--QASIS 1Nater Coolers
S/N 7617031315 7617031336 ?617031332 761T031335 ?617031333 7617031316 7617031314
7617031329 7617031307 7617031334 ?620036288 7626048963 76240443?1
rr~s n~wKnva vr Tarwi. os~as~ox
i. c~ ~rtce or v~uacv.i l;
673.00
2. 3alea Tax if applica.ble----.....•---..••-•-•-•--••--•• .............._.-•--.•-••-•••-•-•--•-•--._....._...._..........._............i -
3. Docuraentary Setvice Chstg~.._.._ •
4. Total Cash Prlce (sum of 1. and 3)_ ~ •
~
5. I.eas Down Payment i 16? . 30 c~ah =
~ ~aae-m i..........._...._--- 167.30
e. vnpaia Balance ot cash ~ce tt tess 6).._------• ...............••-----.._---•--...--------------.._....._...i 1~ 525 _ 7~
L u ~
T. Cost of L~suraaoe
8. Principai Balaace (atim oi 8 aad T)-_..._...._.._..._ .................•------._.........._...._...._..-•-••-._.__i '
244_Of~
9. Finaace and 3ervice Gharge i
lo. Time Balance--Amount ot xote csum ot s aad s)..--•-------------~..........----.......--•-------•..i 1,76Q,76
~nne balance paysbte in 24 consecutlve monthly lnstallmenb ot i-----7~.~.?4 eech and e~e fos
the remaining balanct, to be pa~d on the -•-•--•----.._...20t~1.---.... day oi each month commencing on ._.SeP..t~Qtll~er..-•--•- 197
:
until sdd total indebtednese aball have beet~ paid.
TI~ OONDITIONS OF THI3 SECURITY AGREEMENT ARE $UCH that Purchaaer has executed and delivered to Seller h1s
(its) certain promissory note of even date herewlth, hereinafter-reterred to as the "Note", in tt?e principal amount equal to tbe T'ime
Balance at~own above and ~ayable as set forth above, and any Purchaser of eaid Note shall take the same iree trom aay detease ~
thereto and/or claims, demands and setoQa of Purchsser agafnst SeUer. NOW. THER&P'OAE:
If the obligation hereby aecured. or any part thereot. is not paid st the mstnt3ty 1?ereof. whether ~uch maturity be causcd by Isp~e
oi tfine or by aoceleration. such entire obiigatlon or the part theseof wtUch ha~ mstured. aa t1~e ca~e maY be. +ha11 U?ereatt~r draw
atraight intereat at the rate oi 896 per aanum unW paW; or st the optioa ot the Seller, t1u Selier maY cdlect and reoeive, and t~e
Purchaies agreea to pty. s late charge c~lculsted at the rate of b~ for each doUar of any mo~nthly inatalltnent~ sLown above which b
not paid on or betore ten days after the due date thereof. but in no event ahali tLe aaiount of auch late ebarge for aay one detaulted
insWlmad exceed i3.00. which late charge, if imposed and collected by the SeIIer. aha11 be in lleu o! such 89L sttsight interest on tLe
applicsble installmen~ -
~,a ~~~~a c~t: Box 1088 Ft. Pierce St. Lucie Flori~la ~
i. 1Le Oollateral will be kept at
esi.aa eav~ ~cow,v~ eaeaa?-
Purchaser will notify 3eUer of any change in locatbn ot the C:oUsteral and wW not e+emm?e tlie ColLtatal tenm the above atate wittaut
the writteu oonaent oi Seller. The Seller may examine sud inspect the Collsteral st aay tin?e. where~?er locsted.. '
2 The Collateral is or is to be uaed primarily in bwiness use.
' _......._Fl~sida._._...--•--.__
3. Purchaaer's principal place of business 1s located at:.._.-••----•-•--..._._.--•-..-_--•-----••------..- •
. , ca~a~~
~ • None
-
' Pur~cbsser malntains addit[onal places of busines~ as follows: (It none. so indicate)._._......• -
4. Ii P~rchaser maintains no place ot business. Purchaser's rPSidence is as abova
~ 5. The Collateral. which Is not normally used in more - ' TQ ~{1~ ~ND
ct,an one stace, is per.ona~ property ana w~u al.nwsys ,~em.in ~CXpOwLE0611ENT Of ~'i OF CO~ HEREOF:
aucb. regaedleas of the maaner in which the same may be in-
sWled and attached to pipea or plumb[ng. If Seller deems it (1) Do nat sip tl~s Apee~t b~ne ~ reM it ~r if ~ oe~hiAS ~ M~i~
neoesaary, Purchaser wW obtain an agreement to similar elCect
from the owner or leseee oi each parcel of real estate whece =P~?
che cougc~r~ may. rrom c~me co ct~e. ~e iocacea. Yar ~n wtitl~i to s~ fiika fa oopy of tiis Ap~ee~e~t. ~d
~rs wa~arr is svsJECr To ~ wnnrrioxwi. s~ is ~n1l? ~d~o~N~.
PROVISIONS SET F"08TH ON THE sin~ U~da tM lar~ ~a h~w tMe ri~t te p~ oN ~ ~iwa tMe hH ~~t
oF. ~s swx~ s~xa irrco~oxw sY ~e ~i raler oer~ ~ b o64Y s p~l nhM of tM ~Mw
EbcoR
Man acturing Co. ~ ~ ~ ~ „k. D. ~ .
265 ~4r~.. ~.~~?~.~s~n.._A~d.,...--~-~--- _ ~ White R~ge ~f~te Co~pany, Eox 10@8,.
Columbus Ohio ..Ft _ierc.e... o da.._. -
. . , .R. Benua, V.P .
' Thii ihstrumeat R+as prepsred by ~..-l~•.
~.,~•~J-.~.~~..•~ . . . .~_.~r.~.s.r ~'s~e~.r........_...........................
DAC-10 ,C~L.N~dler ~ ~