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HomeMy WebLinkAbout0736 _ ~ ' `a. Chattel 1~ortgage recorded in Official Records ~oo}: 15'l, Page 521, said Puk~lic Records, extended by_the filing of an affidavit recorc~ed in Official Records Rook 217, Page 1368, said Public Records, further secur3ng "tiote 2" and encumberin~ the chattels described therein; - ~ b. Security Agreement datec~ December 18, 1972, further securing "tlote 5", encumbering collateral described therein and perfected by the filing of a Financing Stater.?ent in official Records I~oak 209, Paqe 370, and rerecorded in Official Records Book 249, Fage 1894, said Pukilic Records, and on December 29, 1972, under File tdo. ~7~121 with the Secretary of State, Ta~lahassee, Florida; c. Security Agreement dated Decer.~ber 18, 1972, further securing ":7ote 4'', encumbering collateral described therein and perfecEed by ~ ~ ~ the filing of a Financing Statement in Official Records I3ook 209, Page 372, and rerecorded in Official Records Book 209, Page 1896, said Public Records, and under File No. 374120 with the ~ecretary of State, Tallahassee, I'lorida. . 6. 1~I1 indebtedness evfdenced an~ secured by the aforesaid instruments is due and owing to the Plaintiff by virtue of the ; - r - _ i fact that the Defendant tiOF CI ~RUS GR~V~':S , Ir'C has defaulted ~ ~ . pursuant to the terms thereof in that the installr~ents of principal and interest due and payable on June 1, 1976, have not been paid. ~ I3y reason of said defaults, the Plairrtiff has exercised its option to declare the respective principal balance of each of the aforesai~? r notes and r~ortgages now due and payable. i . _ . ~ 7. The interest clair•ted by the Defendant 's'F~' £'XCI'AtdGT: P%A~'I02U1L ! . . i j EANI: nF TAMPA•in and to the subject property is junior, inferior - ; i ~ and subordinate to the Plaintiff's lie~, anc~ said nefendant shall ~ ~ take nothing hy~way o~ its counterclair~; provided, however, that the ' interest claimecl by TItS: I:XCI11?1GE P:ATIO?;AL I~A~JI; ~F T~tPA in crops . t on the suhject properties which have become growing crops in the ~ proc~uction seasons of 1975 and I976, respectively, is su~erior to ~that o€ the Plaintiff ir said crops. ?'he interest clair.ted by the Defenc?ant SI'X~*i 't'~LRFP.T PROnGCTS ; _ i ~O. , also known as SFXTO~~< TALRO?'T PRQDUC ~'S Cn in ancl to the subject : ~Q~~~ :'.1~ ~ . -5-