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HomeMy WebLinkAbout0544 • • Coetr~a Iio. sECUamr ~a~t~ ~ownw~ ~r+o oo~nw~ oooos~ RRST MARINE dANK i TRUST t0. Ot THE 'ALM ~EACNES ~ t{1AM/1 i~AGI. lLORI~A Edward P. Conti t.Aa u (Dlam~(.1 a soao.~aw] ~nai, oa•...ee d tMm i~Nlt.na.w.r.nY). eK+i~+ft~r caWd ~~eo~row~r." 01 ~ 7A ~~~,qQ Av.~e. Fort P~] St~ L~cie Florida !or ~atu~ nwNr~d ~ad inl~ndy~q to b~ lpallr bouad, b~r~bp gr~nts to [~hl ~~1 iIRSY N4?RINE dANK i TRUST CO. OF TFIE PAUN bEACI#S, of Rhri~ra l~~, Flo~ida, hMtirufN~ albd "SKw~d ~+rfY." ~~~cwity inNr~at in tht followinq p?optrtY: ~ - ' ` N~w ar Y~ar Kanutacfut~t a ModN Numb~t M~nutacturer's = ~ Ua~d l+Iodel Mab Rcad~ Nam~) DuaiMion ot Co11~Nta1 ot S~rMs Seruf No. ~ _ ~ - - See attached Schedule A _ • toq~lber writh aU iaereaws, pares. liltir~. aecwo~i~s. puipm~at, and ~p~cial lool~ now or 6~r~afbr aHis~d b aar or any put th~rwl oc used in connectioa Mrith any ther~of. and aIl nplaum~n~s d a11 or aaT paA th~nd (all d wAich i~ h~r~dt~s cail~ "Collalsnl"1. to secure th~ paym~at ` ~ a promi~swy noM or not~s ~secuNd by 3os?an~r la th~ amoun~ o[ Ni nE? hoLSari hrpa ~'1Lri red e~ ~h~. Dp11~rs (t_.~f..~~8g ot ~~~a dw h~c~wi~h. asd anX aad a1! ntsnaioes or r+a~wals t6iiFib~` a~68'~i6}li~tl aU oth~r li+bilitin or oblfqations (primuy. s~caidary. du~ct, capUoq~t wN, ioiot. or wr~ral dw or b D~aan~ dw on wDfch sar b~ Mr~atar oootractd o~ acquir~d. ot each bor- row~r (tneludiaq ~ Eorsow~ aad anY WLn pason) b S~eur~d Pa1t iaA tA~ tor+qolnq b~ioq h~~iatt~r cal{~d tht "liabiliti~s"l. and abo W~ cwe th~ p~rlcrma~n br porronu d tb~ ytMma?Is h~nioalt~r s~t bttb. Borrorer hereby ~rursnb and aqn~s tbaL• 1. lal porrow~r is th~ owwr oE tA~ CoUat~r~l el~ar ot alt Wn~ aad Neurftf bN~r~tb ~=ap th~ McvrUy inter~st qranl~d 6~rtby (b) Eorrower has tM rlqbt ro mab ~tAi~ +9+«~nt: and (c) ts~ CoUatual fs uwd o~ ~equlyd ia vs~ p~iwrUl for 1D~ purpw~ ch~ck~d: ? p~nonal, tamUp o~ Aous~bold putpw~s: ? tar~ purpw~r or ? businM~ purpwM: apd I! eh~ek~d h~z~ 0. tb~ CoibMnl 4 b~ioq aoqu'u~d writh th~ procNda o! th~ {wa pronid~d for tn a s~a~nd Dr thb aqrs~man. and ~aid proeMds wUl b~ uNd ior ao o1b~r purp~w~, aad Borrow~r 6~nbY autAoriaN S~cur~d Parry a disburw web prooNd~ o~ aa~ part t6~r~d dtr~ctlr to tb~ ~1MC oi t~ Collahrtl or b tlh laauaao~ ag~nt or brolac. or botb. o sAo~rn oa S~cur~d puty'~ r~ootds. Y. W Th~ Collateral wUl b~ bpt ai [No. .a~ sa~.«l [~rl [~nl [~+Nl or U l~N blaak. at Ih~ addsw tAawn at t~~ b~qinnfnq d Wl~ ~s~nl: Do~row~t w~W pro~ptlT aotllT a+t~u~d P~ a[ an~ cha~ in tl?~ beatian oi th~ CoUaaral within saW s!at~; and Dorrown wiq aat r~sa?~ tM Collat~ral hoa~ ~aid MaN ~rtt~oul da wrltMa coeu~nf of S~eurd PaAY. Ib) U t1N Collat~ul is usd a soqui»d for us~ ptimarilt br p+~sooal. lasil~ o[ tio~wLold pufpoNS. ot fo~ taru purpow~. Sorrow~r'~ rNid~sc~ ia Florida is that sAawm at tb~ b~gionnN. d thi~ agt~em~at aed Dorr~ow~r wl11 f~s~dWd~ ~oWp ~tur~d Partr d auY ebanq~ to ~M butbn ol ~aid »sid~aa. 3. t! ~h. Cottaar~l ia aoquk.d or ~w~d primaiflT la bu~few us~ asd fr at a tip~ uassall~ nwd is ioar~ th~a oo~ wt~. whMMr ~ not w used. and Dorro+vsr has ~ ptae~ d busio~ is mon thaa an~ stat~, t6~ ~Mf pl~w d busm~ d~crrow~r b• . [No. ~aa sa«?tJ a. ff Wt btask ts tlwt s64we u tb~ bqio~inq d 1hb ~qt»aNnt. aM Dotrow~~r • ~C~h'~ ~~tl~ ~~+N~ ..iu tv~m.ai~ul~ naffp s~u.a P.rt~ 1n ..ritloq oi anr w.nq. fn eorto...f. chid plao. a b~. cW u o.rtWc.w. d a~l. .n wwa or o~.auaamq with resp~et b anr ol tM Co11a1~ral. ~orrow~t wrW uus~ 0,. mrr..e d S.cvc+d Parct a b. pcop.rlr •aoad ~b.r.oa md d.li••~ sucl~ c~rtlliutp oi tit{~ w S~c~u~d Party. A C ~z~~ • - - - - - - ° ` - BccK~DU ract ~4 ~