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AIRCRAFT CHATT EL MORTGAGE ~~q940 /
fhis monRaae, made ~h~s 3~t.~1 d~Y of ~8y , 19 ~8 ey ~nd becveea
Custo~n Aviation
w~hose sddress is (Nurnber. sfr~ef, c~ty, :ane, ~nd S~~te) •
2900 Industrial Ave. 3~ Fort Pierce, Florida 33~+50
here~oa(cer uiled ihe .yURTGA40R. aod
Florida Bank at Fort Pierce
yhose address is (Nwnb~r, slnef, city, sone, ~nd St~te)
Poet O~fice Boa 3469, Fort Pierce, Florida 33450
hereina(ter catled the MORTGAGtE,
~ITNESSETH: Tha• the ssid enott~asot~ beina justly indebted uoto the said mottassee in the ~u~ ~ Nineteen Thousand, ~
Five Hundred-Thirty Sight and 40/100------------------------------__...____
co cbe s•id macsaaee~~his h 19idn3g uuors, succeasocs taad ss~as ~6e tolto.vin6 aescr~bed~aircca(c:~s. barsains~ aells. asd ~artseses
Aircrsft make aad aadel ri8B8I18 1135(T FAA resistr~tioa awber l13~
~1+ou(aciurer's seri~l nua~er i?266864 '
Togetbcr wich all equipmeat aad sccessocies atcac6ed thereto or uscd in coaneccion there~vit6 includiaa tbe follorins:
all of ~rhic6 ~re included ia che cerm ~ircr~fc ~s wed 6ereia.
The abo~e descrihed aircrafc is herebr mor~aased co c6e morcaaaee Eor che purpose of securina in the ocder named:
' Finh The p~ymeat of aU indebcedness e~idenced by and accordina co the cerms of t6~t ceruin promissoty oote, 6ereinbelo~desctibed.
and all reae~rsls and e:tensions c6ereof:
~ Note bearia= date or ~ May 30th 19 78e:ecuted b tbt owrt • or and Florida B8I'1~C
E Y j a payabie co the order oI
~
I at Fort Pierce io cke a~reaace principal sum of ~ 9~ 538 vich iaceresc t6ereoa at t!e
~ rate of 1~ ~ 85 p« «o~wn per anaum, from date. payable in inst~llmeots as (ollows:
I
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~ T6e ptiacipat aod interest of stid oote is paysEle io 60 iast~llments of = 325.6~} e~c6 on tbe 3Q't}'ilal
~ of e~ch successi~e mootA be ~onin wic6 t6e
~ . 6~ 6 3~'trl day o( a71U1@ 19 78 .
The lasc paymenc o( = 3LS• is due a? tbe 3~tr1 day of _ MA,/ 1983 •
Secmd: Tbe ptompc and faithfut disc6arse ~o~ pertormance of tac6 aareemenc o[ che moc~s.a« her~;n conca;oed m~de wicb o~ (ot tbe bene-
Fit of che morcaa6ee ~n cooQectioo witb the iodebtedoess co secure w6ichchi~ioscrument is e:ecuttd,and che repaymeo~ of aay sums espeoded
F or ad•anced by che mor~aaaee (or tbe mainten~nce or pceser~atioo of the property mac~~ed ?ercbr oc io ~n(orcins bis ris6ts 6eceuader.
~ ,
~ Said mortsaaor 6ereby declares ~ad herrby ~rarrancs to che said morc6aaee chat 6e is t6e ~bsoluce o~vner of tbe lesal~ and benefici~l cide co che
said aircraft aad inposseasiou thereof. and thac the s~a~e is tree aod cle~r o( all lieas, cncumbnnces, aod ~dverse cl~ims ahatsoe~er. e:cept
~ as Follo~rs: (I! no /i~n• othsr t/~n this mott~Re tndtc~fs "None".)
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€ NONE .
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~ T he followiaa space is for t6e inclut~ouy o( aar sp~~~~~ ao~i~ions ~rhicb the puties heteto are desuous ot makins a parc o( c6is macE~6~-
~ DOCUMENTARY STAMPS ATTACHED TO GRIGINAL >ECURTTY AGREEMENT ~
Q~~?r~ ~~{'~7~ t
Provided, howevcr that il tbe mwti+sOr.this heits ~dm~nisuacors, successors, or assians s6a11 pay said oote ~ad tbe If1lt(!K tb![!00 tq
' •ccord~qct ~ich che cerou cbereol and sb~lt Eeep an~ pst(orm ~II and s~nsular tbe terms, co~ensa~s, aod atrte-so~s ie tbis oorts~e. t~
' ¢h~s m«~s~de +h~~~ be null ~nd void.
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