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HomeMy WebLinkAbout0222 • • ~ . ~ ` ~ / ~,1 F BA 300 , . . ~ ~„~t No. ~ ~~~63 SECURITY AGREEMENT _ • ~ (EWJIPMENT AND OONSUMER QOODSI . u Nsm~is ot eorrow~~t:1 th one. tMm joindy and sewrs11y) 'nsh~r plNd "8onowtr: of r • ~ 33yS= 5 , for vaiw r~oeiv~d ind int~ndinp to b~ I~IIy bound. hanbY 9~n to j , Flwid~, hereinsft~? pll~d "S~cund Party•, ~ rcurity int~rttt in tM toilowitq prop~rty: New or Y»r IN~nuf~eturu o? ModN Nvmbr Msnufseturer's iJs~d ModN M~k~ ITrW~ Namd OaetiPtloe of CoilttKtl or S~i~s SKisl No. ~ t - - . T ~C i ~ ~ ~ : ' ' S`i~~, ~c-'~l (_ir-• i'~, f. i :-i - - i ~ . _,:'~~Mf ? 'A.r' , ` . ~ j ~ ~'O = M J.t ~ ..~~'t.: . ~ . ,~0~ ~ ` = oa = °"--~T'~_=:Y.`~,~; ~ ~ ~ 3 . r y . _ ~ toqetAtt with all incnasss. parts. (ittinqs. aoceasocits. sqvipm~ul. aad ~peeial lools now ot ber~alt~r alti:~d W any or any put thereol or used in conneetioa witl~ any th~r~ot. and ail nplac~m~ats d aI! or anr put th~r~ (all d w' ii heninafter Aal 'Collatswl"), to re paymen~ o~ a promissory or notu •x~cut~d bT Botrower in th• amount ef D x.H /1t a~~,~ . s.r , J~,~_t~+t~j DoUus .S of t~~n dat~ ben~ritb. and aay aod a11 ~n?~eaioes or nww~ls th~r~ol, aad aaT and all WAer WbUitiea or obiiq~tians (primuy. s~oondary. d'u~et. eaotingtat w1~, joinl. or a~wral dus oc b btoom~ dw on whkL may b~ ~malen ea~tract~d oc acquired. of each bor- rowrer (inctudinq uch Boaowsr and aar Wher p~rwn) b S~c~u~d Party isll tb~ lorsqaiaq baiaq h~rsfa~it+r ulbd tke '7iabil'ui~s'7, and slso to se- cu~e We perlcrmanc~ Dy Borrowa o! tD~ aqrtkmenb hu~inaEt~r sa1 tat6. Borrower hertby warrsats and agx~ ~ha~: 1. (al Dorrowrer is, tLe o~rn~r ot th~ Collatsral c1~ar d all liens :nd wcuritlr int~r~ts ~zt~pt th~ ~curity io?trest qcanted h~rebr (b) Borrower ~ ~a; :.`.a :-yLt ::~a :y.s:~a:: '=...a T;;e ::..,•4:=xza! ~ ::s..-3 sx ~.er • ° ~ss.~.~.y ~ !~s ~e::r:.~= e~~r±• r^~s:^.~!. !a~'s!y a: hous~6oid purpw~a: ? larm purpos~s: or f,] bminas purpos~s: and (d) il ch~clad h~» Q. tb~ CdlsMral b beiaq acquired with th~ proceeds o( ~ :he ban provided lor in os s~cured by thfs aqr~em~nt, and wld p~ocMds will b~ uwd for no otb~r purpw~, and Borrowrer hereby su~horises Secured ?arIy b disDursa such proc~ds or anr part tber~of dir~ctlr to sNl~r d th~ ~oUal~ral ~ , waaa ~g~nt or r. or both. as shown on ~ Secviced Puty'~ recwds. 2. {a) Ths Collalenl wiU M i~ept at . o. ) c ~ ~ ~7~ ~St+Nj or if !eh blauic. at sddnss sbawn ai t!a t,oqianinq ot tDis sgroamsat: Dorrw~rK wW proeoptly awifT S~cur~d Partp ot anr cbanq~ in ~he lxalion e! . ths Collateral witdin said stat~; and 8orrorrer wUl no/ t~mor~ 11» Collattral trom sai.i stab witbout Uu wrinem m~ssnt at S~cured P~rty. lb) II th~ Collatfral is used or acquir~d (ot us~ ptimuilY iot p~rtonal, lamilr or bous~boM purpos~s, or bt Ltm pnrpos~s. Eorror+tr's ryidenc~ in Florida is ~hat shown at ~he beqinning d d?is agrsem~nt aad 'Dorrow~r .?W ~.a~ay no~r~ s.n,r.a pu+r oe aar cbang~ u? t6e iocitian ol said residenee. .(ai lf the CaUateral is aoquird ot us~d p~im~rilr tar busirNSS us~ aad i~ d a typa notmaUY vs~d ia moce t~an oe~ state. whether or not so _ used. d Borrower has a plac~ d 'wess in mor~ Wan oas state, tb~ c6W p4a .of buainw d Do~rowr~r is• [No. ~nd Stres~j or, it INt blank, D that abown at th~ b~qian[nq d lbis aqreeoent, aAd Borrower (CitY~ ~Cour?h'~ ~Stat~] v?i!1 imm~dutely noU1y S~cur~d Partr fa wriUnq ot mr ehaaq~ in Eorrow~s eAl~! plac~ d bu~law. (W U arti8eata ot UW an iaswd oc oubsu+d~r?q with respeet w any of ~ Collal~ral. Dorrow~r wW uus~ th~ L?I~~est d S~eund P~rtr b b~ ptop~rlr noMd th~r~on aed d~li~~r s~xh tertittcates o! fitN b S~cured Part~. - _ . Bt~X ~ PACf' 4-0~03-000~9 Rev. 8l78 •