HomeMy WebLinkAbout0565 _ .p ~ . .
AIRCRAf T CHATT EL MORTGAGE ~ ~
, r,~. u,o;,,,.a~. ~.a. 17th f /
e.~ or May T9 by •nd pe.~«~
GOLDEN SOUTH AIRLINES, INCORPORATID 4~46994 ~
~hose add~ess ~s (Nwnaei st~etf, c~fy, =one. ~~d Sl~te)
Fort Pierce. Florida 33450
hcre~e~lier c~lled the ~URTGAGOK, aod
Florida Bank at Fort Pierce
~Aose ~dd~ess is (N~unMr, •f~~tt, ci~y, :ane, ~nd St~re)
Post Office Boa 3469, Fort Pierce, Florida 33450
h~reina/~er cal~ed ihe MORTGAGtE,
~cTr~ESSETH: Thr ~be s•id awr~~aaor~ be;ns i~s~ly i~deb~ed unto ~he said mo«saaee in the sueo ot
Thousand Trio Aun{~ed Q1'~y Eight Dollars and~Forty Cents _ Fcur Hundred Forty-One
Jollus (f l~l~l 2~~f.4p ) aa e~ideaced br a r
~o ~he said mo«saaee, his heirs, adm~nisuac«s, successors, aad ~ss,a~
s~ ehe tollowri4a~aescr bed~aircritcacs, bua~ips~ ~ells. ~od ~crca~ses
Aircrslt aake and model Piper NBvarjo Chieftain N 59713
Piper Nava~o Chieftain FAA resiatra~io~ anmber
x 48282
ManuJactu~e~'s secid cumber _ -
Tosrihet ~vith •11 equipmeat ~ed accessories ateached c6ereto oc used in connectioa therevitb iecludioa ehe tollo.rina:
Both aircraPts are a11 weather, trith 10-place, tirin en ine
Avco I~ycoming 350 ~ T10-540-J engines, dual IF~ e~ g p°xered by 6 cylinder turbocharged
and propeller and vindshield anti-icin e~~nt.q p~d including ~ring and empennage device
Radar-RCA AVQ-47, Flight Director-Bendix Altimatic VIF/Duded are Autopilot Altimatic V,
King Radios: 2 IIX-175 Nav/Comm, KMp_pp Audio Amplifier andMarger BeBC nte~J~S~Distance
Measuring Equipment, KT_7( Tr.ansponder, K~t-$5 Automatic Direction finder.
•11 ot wr6ich ~re included ia the ~erm ~ircra(t as used 6ereia.
Thc a5o~e desetibed sircr~te is hetebr mor~aaaed to ehe mores,aee fo~ c6e p~rpose of secutias w tAe ordec named:
Fi~~~: The p~ywent ot atl indebtedness e~ideoced by and accordina to the terms of th~t cett~in promisswy oo~e. 6ereinbelo~rdescribed.
and •I1 renewr~l: and e:tensioos thereo(:
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Noce be~rint daic o( May .17 19 79e:ecu~ed by tbe n?oreaaaor and payabie to the order o(
Florida Bank
a ~ Fort Pierce :o ~n~ ,~«s=« ~~ncipal s~, or $k1~1,248.40
~ric6 inttreat tbereoe at t6e
~ rate o( 12. ~2 -
i pe~ centum pet annua~, trom d~[e~ payable in inscallmeats as /ollows:
' Tbe priacipal and ieterest o[ siid oote is pay~ble io 60
` inst~llmeuts oE j 7~3511.1~ e~c6 on the 2~th
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E of e~cb successi.e a~one6 beainnia6 .ic6 ebe 20th
E d.r oE June l9 79
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The 1.sc p~y„eoe of = 7,35~+.1~ is due o4 tb~ 2~
day o( M83/ 1~ $~i
~ Secand: T6e prompi and Iaith(ul disc6ar e and -
~b~ ~~~s•a« ~o con nection w~ith t E pe~formance o( cac6 a~t reemenc o( the motta~aa herein cont~ined msde ~ieb or tor t6e beoe- ~
~r ,d~.~ced by ehe mo~caaaee tar che maincco~ace or~pceser•aciou ot 6he prO~pe «r~morca¦aed h ceby w iodrnfo
c,ns 6 s ria6cs hereundec Peoded
~ ~ a id morta~aor hereby declares ~nd hereby varrants co the said monaa
s a,d ~,rcntt •nd io possessioo t6ereo(, ~nd that che same is tree •nd cleu~o( aU liens ~ene umbn ces~ a d~drerie'cl~ims~.~h~isoever,~e c p~ '
~ a~ follo.~s: (/f no lien• ofher fh~n tAis rrbne~~}e jndiufe `•None•'_) `
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~ NONE
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...r tollo~~na space ~t (or [be inclusioa of ~or speci~l prori~ions ~rhic6 tbe parties hereto are des~rous ol makio a :
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c E wn o~ ~d~: ~«~a.a~. ~
~ DOCUMENTARY STAMPS HAVE BEEN ATTACHED TO ORIGINAL -
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SECURITY AGREEMENT
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~'ro.~dcd, hovever, eA~~ i/ tbe mw~6~Ea. Ais heua, •dm~nisua~ors, successors, or assians shall pay said oote and t6e ~neereit ~bereon ~o
~ s: ' c.rd~nce ~rnh ~he ttrms theteof and shall keep ~nd pe~form sll and s~naular tbe ~erms, coven~nts, and sareemeots io t6~s morts~ae, tben
' a mor~s~ae sh~ll bc null •nd ~oid.
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: ~ ~ aoo~ 310 5E~5
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