HomeMy WebLinkAbout2377 t'' :
• I1IRCRAFT CHATT E~ MORTGAGE ~
~ moriRa~e made eh~s ~ti~l d~y ol AUgUSti , ~q ~8 by snd b~~.?cen 4~994 ~
1
William Edward 0'Dell and Elmer E. 0•Dell~ Jr. .
z.,~ ~c add~ess is (Number sbeet. cuy, :one. end Sfafe)
3025 Ocean Drive~ Fort Pierce~ Fla. 33450
:.r:~.r:~lier caile6 ~ht ~fURT(.A(,Ok. snd
Florida Bank at Fort Pie~ce,
o~~~-.e address is (Numbe~, srreet, ciry, sone, and State)
Post Office Box 3469. Fort Pierce. Florida 33450 ,
~.~-~,~afier called ihe A10RTGAGkE,
`~iT~ESSETH: Tha• the said mortaagot, beina justly ind hted unto the said mortaaate in [ht sum o( Thirteen Thousand, ~
~
ix Hundred Thirty Four and 28 100 4
dollars 13 ~ 634 ~ 28 ) as evideoced by s p~omissory noie re(c~red to 6erein, araots, baraains~ sells. and ~+«~a.a~s ~
:o ~t~~ taid morcgaaee, his heits, administrators. successors~ and assigns, thc (olloving aescribed aiicra(t: '
A+rccaft make and model Cessna FAA registratioo num6er 1??
~~anu(acturer's serial aumSer 1??00~36
T~ .-~;,cr with all equipcr.ent and sccessories at~ached theteto o~ used in conncction there.ich includina tk~e (ollo~ios: .
i
_ ~
aU ot w•hich ue included in che term aircratt as used Aeteio.
i t:~ a~._ce d~scribed airctaft is hereby mort6aged co the mortgagee for the pur~c+sr a( securina in the order named:
First: ihe pa}•ment o( all indrb:edn~ss ecidenc~d by and sccording to the terms o( that ccrtain promissory note, hereinbelovdescribed~ '
~ a1: :cr.ev.als and e=tensions chereof:
beuius daie o~ August 4th 78~=~~u~ed by the morigagor and payable to tht ordet of Florida BaI1k
?
at Fort Pieree in the aggregate principal sum of = 13.634• 28 a~ith in~eresi chereoo a~ ihe
~~e o( 11 • Q8 per crncum pet aonum, from daee, payable in instalfinen!s as (alloP•s: .
! i~c principal and intercst of said nott is payable io 36 ins[allmca[s oi = 378 ~?3 each on the sttl day '
i
~ ~t cac6 successive moot6 begionin6 with che 5tt1 day or September 19 ~8 - ~
! ~1
~ T`.c !ast psymcn[ of =378~'l3 is due on the 5fi~'1 day of AUgL1Str ~9 81 _
i
i cnd: The prompt and fsithful discharae and performance of escb agreemcnt o( the mortgaaor herein conuined made .~i~6 or (or [be lxae-
j -•''c.r mortgagee io connection vieh ~he indebtedness to securt ahichehis ins[ru~tnt is e:ecuied, and the repayment of any sums e:pcne~ed
~ _'~anied by c6c morega6ee for the ma~n~eoance or presenation of che property mor:g~ged hereby or in ~-n(orcing his riEhts he~eundec_
~ cr'~egorhereb} declares andhereb~• warcants to the said moregaRce tha[ he is the absolute ow~et of the legal and benrficial title so ehe
€ r~ft andiopassessioo thereo(,and eha[ the same is (ree and clear o( all liens, enc~nb:ances, and advetse clai~?s rrhusoevec, eacept
_ a:~ K5: fll no l~ens other (hen lhis mortge~Qe indicete "None"_) '
~ -
~ NO1tE ~
t
~ -
i
E
~ "~'~'O"'~od 3P~« ~s (or the inclusion o( a~~ speci~l provisions vhich the p~rties hereto are desuous ot makin6 i pat[ of t6is mortgaae.
s
~ ~
E
i
9
~ DOCUMENTARY STAMPS ATTACHED TO ORiG INAL SECURITY AC REEPdE1~T .
~
~
~ ~
i F•o~~.ct, ihat ~1 ~he rt.w~g.Ew, h~s hei~s, •dm~n~sirators, su~cessora, or sssigns stall pay~ said noee and t6e inrerest tbe~ron ~o
a •r~<< ~~~h ~F~e ~erms thrreol •nd shall lee~ and perlmm all and s~ngulac tAe ~crms, covenants, and aa~eemeo~s in t6~s m«~a.a~, tEeo ~ ~
~ a~ye sAall be null snd vo~d.
~ . .
~ i
~ +
~ ~ooK ~AG~
~ ° R 311 2376
~