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HomeMy WebLinkAbout0747 . „ . SECURITY AGREEMENT ' ~ SECURED PARTY. ~ j : G[NERA~ f~~ItCE CORtOR~ T 10~ ~ ~ YM1T Nt~. IT. ~lE~CE__~.IEL~E~. . ; . 39 i•:OYtN f EOE~A~ N I CN MAY - ; ~ ~ t~CE. f ~A. 33~50 DEBTORS (NAMES ANO AODRESSE51 31 w'~3' ~L. ED~r~aa a ~tLt E ~tm+ . 1413 6 TERRACE ~ ~ FT. PIERCE fl. 33454 ' ~ ' a+ow~ ~ wrEnEST ~wNs i ( ~ ~ 9/24/78 ~-~aTE ,FWSTItdTA TOUE UTHERS FINAtlNSTALl~NT01lE INSTAlUEN7f !$ECURITYINiE11EST 11EACESTATE' ~ 9/25/78 ~~~1~/,'~78 °~~9/2S/BS `~~'192.00 °TNE~'42.00 ; YES T~?~ ;*..,*.~~oF.vwVYEN75 O~SCOUMT IOMIfEE AMOU?yifMt/WCEO ' CREWTU6UMNCEdfMGES rOOCU~ENTMVST~M? - . ' UfE . qSA~iIITI ~Iq/ERT/ ` TIU[ES ~ S 16128 Oa : 6914. : 180.66 : 9032.76 , i467.65 NONE Nh1NE t: 13.65 F -~;ta~ AiupU?r71AY/1~~E App1TtONA~CNARGES OFFICI/1~FEE3 ~ppCEEp6p~~pµ ~ ' Q~ ~TMLV TITLEE7fAYFEES ppE~pFppp~lE L..,'... --l7Y ~~TA«~«,~ : s0.fl0 : NOtrE :21.00 : 7095,24 18.405 , s 7480.46 ~ FINANCE CHARGE ANNUAL PERCENTAGE RATE T he undersigned, whetAer one or more, herein called Debtor, hereby kry~ edpes rece t. ot a 1 i.om Secured Part as evidenced ~~re.v+rh, exetuted Debto? and ~ Y• by a note of even date bv pavable to Secured Party in t~1g i~l~our~ar,tl,upvrathe tert~yt abq~vq~tated. ! ~n consideration of said loan and to furthe~ secure the payment oi said i~ote, De6tor hereby conveys and mortgages to said Secured Party, its wccessors and _~s~qns, the goods and chattets hereinafter descnbed; provi~ed. ho~ever, i( sa~d Debtor sAall pay. aAd di ha~qe said ~ote according to the terms thereoi, then this ~~~eemem to cease and terminate and be vad: otherwise o ~n fuN fq e a~d fxt. ~ ~ ~!`f f ` ~ v f/ . : ; ~ DEBTORREPHESENTS,WARRANTS,COVENANTSA~GREES.that`bebtofislawfully ol,andl?asQoodr~gl~ta~d~i[le,tree(romencumbrances, ~o mor~gape and plerfye said property: to de~iver Certiticate ot Title (~f anyl, showing this lien, to Secured Party; to keep said property free of all taxes; liens i a~d encumbrances;, that any payment or discharge (by Secured Party) of taxps, ~iens, ~nwrance and entumbrances on said property or a~y other amount owed tn Secu?ed Pa?ry by- Debto~ shall be secured by this Apreement; to keep said D~~~1Y covered by such inwrance as Setured Party may from time to time ~Fasonably require, placinQ such inwrance wiM compa~ies acceptable to Secured Party and to deliver wch policies (with lou payable clause in tavor of Secured ~artyl to Secured Party; to appty'the proce¢ds of any inwrance, reyaz~ess how realired, to the liQuidat;on of the amount due; not to remove the property f~om cn~s state. ~or to use it illegally, imprope~ly or for hire, nor transler any interest therein withou! prior written tor?sent oi Secured Parry or without a~c- oun~~ng to $ecured P~ty for the Droceeds of any transfer, to pay all recording a~d other charqes in connection herewith, as well as reteasing cha~ges, ~f arty: to '~old and sav! harmless Secured Pgty irOm any and all liability arisiny from ihe use ot the proptrty. ' ~ebtor may retain possession of said chattels, acoeuories and equipment, as bng as the paymenu on said note are rrr~xie by the due date the?ein provided +:~:d aIl other covenants of this Agreement are tulfilled, but Debto~ may not permane~tly remove said prope?ty from the County or State without the Consent of ! S~cu; ed Party. N Debtor faih to pay any irataHment of said rate when deie, or faels to perfwm any of the oovenanu hereof, or mekes defauh in any rospn,-t, o; uses said property oontrary to law, or if Secured Party feels insecure for any reason whatsoever, then the entire u~paid balanee of said note, less ret>ate of i~.:^:earned D'~scount, shall at the option of Secured Pany, without notice or derrend, beoome immediatety due and payable, and Secured Psrty msy take pos- + sess~un of and rert~ove without lisbility said property together with a~y other chattels or things attached thereto or thetein oontaineci, without noYwe, demane! ~ or lega! process. pebta hereunder expressly agrees to waive any•right to a prior hearin9 respeccing said property snd Secured Perty may ~esort to selffiei • p in ' iarrying out the prwrisions of the preceding sentence. Debtor agrees, in the event of declaration of default by Secured Party, to assemble such collateral and ma!ce it av~ilable to Sewrtd Pany, at Debtor's plaoe of residence a~d Secured Party msy dispose of such collateral o~ said premises. Oebta's place of residence snall be at the address grver? ebove, or, in the event of removsl oi the oollatersl or goods from said acidress with Secured Party's consent, then t1re address to .,nich such goods are remored. The remedia available to Secured Party shatl be governed by, and Secured Party shall proceed in acoorda~a w+th, the provisions of Article 9 of the Uniform Commercial Code of Fbrida. Any waiver. or indul9ence ot any ~fault in any oi said terms, conditions, covenants, representatio~s and agreements shall not operate as a waiver of any wb~ ~;uent default; each and e+rery remedy hernin conta~ned shall be cumulat~ve and in addition to every oth~r remedy given hereu~der, or now or hereafter ex~sting . ,c iaw or in equity, and r?ot alternative. In the event of nonpayment Iwhen duel of the amount due or any mstallment thereof, $~ured Party may we for aod .r~over, without repossessing or otAervwse resorting to sald prope.ty and without waiv;ng the ripht to do so, the wAde or aoy part of the indebtedness secured ~ ereby. This Agreement shall be bindiny on the heirs, executors, administrators, successors a~d assiynt of Debtot, and as to all of its rights and pnvilepes it shall ~u+e To the benefit of the wccesson and assiqns of Secured Party. Unless otAerwise prohib~ted by law, Debtor agees to re+mburse Secured Party its reasonable !>?s and expenses allowed by law incurred in the reposseuion, storiny ar~d disposition ot cdlateral hereunder, as determined by the Court. . DESCRIPTION OF SECUREO PROPERTY: A11 0l the conwmer yoods now located in o~ about the premises consiituting Debtw's resideoce at the address a:~ove set torth or at any other addresi to wh~ch the same may be removed, whrch are described in SECU~ity List Schedule "A" beariny even date herevwth which, , E a;rpl~cable, is incwpprated in and made a part o! thn Security Apree~nent, and any property listed below. or~us~ ca~aos ~ i s~o ~N sc~+oou~ ~ B~ ~ Nc ~ o^~ ~ n~ tl~kc ,lfude! /Jenhfrcntiun No. Tvpr Year (Complete with all equpment, parts and accesswies now thereon ,..,TE JCl~ 19~~ i TNESS ISEAL) i ~ ~ ISEAU ~ fSEAU 1035 f2/~8) ~ r~~ O~tr::;JAL , - _ - _ - ~ - ~ _ ~ 1~~,.