The URL can be used to link to this page

Home My WebLink About1799 ' r r - ~ ~~y~ . _ _ _ STOC>< 1'B1[ 40~Aev. 1-Reorder from: Ferns Printing Ca, Orlando. Flaida 3601--~Z23Z85 SA-GENERAL SECURITY AGREEMENT Contract rilo. ` (GENERAL) Rai 1~?Z'I'I~FS and FT. PIEFt~: BC~fJ, INC. , a Florida oo~pordtion, (and u more 1 Nameisl of Bortower(41 than ose. each d thempiotly and severally), hereinafter called "Borrower". d 2500 N. Federal Hi.Qhway, Fort Pit,.roe, (No. and Streetl [City] . St. Lucie F],prida 33450 !or talus received, hereby granb b (CountYl JII~ISHJ IA1~T~S, INC. , a Florida corporation, P.O. Boa 977, Jensen Beach Florian, 5 - 1 as mare paxticularl described in hereinaRer called '"Secured Party". a security interest in We lolbwinq Property Y l Fxtlibit "A" and Exhibit "B" attached hereto and made a Part ht'reof ( together with all accessories. part. equipment sad acosasioos now attached b or used is coonecticn therewith or which may hereafter at any time b placed in or added b the abovedescribed property. sad also any and all repiaeemsnts of any such property (all of which fs hereinafter tailed "Col- lateral'~. b aeeure the payment d that certain indebtedness evidenced by a promissory note or notes esscuted by Borrower in the amount d ~ ~ ~ N13/100 X30, 000.00 t, d even date herewith. and any and all 'erctensians or renewals thereof, end any and alt other liabilities or obligations of the Borrower b the Secured Party. direct or indirect. abeolub or omtingent, now ezdstinq or here- ; after arising. now due os hereafter b beocme dw (all hereiaaitei called the °Obligatioas.'~. ~ Borrower hereby wsrranb and agrees that: I ~ 1. The Collateral ~ acquired or used primarily for: ? personal, iamilY or household purposes: busiaeae use: or ? farming operations: and. ~ ii checked hers b being acquired with the proceeds d the loan provided for in or secured by fhb agreement. and tlrs Secured Party may dia- bursa such proceeds or any part thereat directly b the seller of the Collbteral ~ 2. Ths Collateral will be kept ar 2500 N. Federal H'LCjhitlaY. Ft. Pierce, St. I~]Cle, Fltarlda ~ ~ le[t ldank, at i [No. area Street] [CSI/] [~h+] [state] the address shown at Ibe beginning of fhb agreement: Borrowu will promptly notify Secured Party d any change in the kcatioa of the Collateral within said state: and Borrower will not remove the Collateral from said state without thw written consent of Secured Party. 3. H the Collateral b acquired or used primarily far personal, family ~ houeeboW purposes, or for farming operations use, Borrower's rear t dente in Fbrida b that shown at the beginning d fhb agreement and Borrower will immediately nobly Secured Party of any change is the location of said residence. 4. If the Collateral b b bs anached b real estate, a descriFtioa of the real estate, kxated ~+ntlf• z Florida, b as folbws: N/A - ~ 9 ~ 1~ } and the name of the lrnown owner b: ~ 3 and if We Collateral b attached to real estate prior to the perfection of the security interest granted hereby, Borrower will, on demand d Secured Party, furnish the latter with a disclaimer or disclaimers, signed by all psreons having an Interest b the real estate, of any interest in the Collateral that is prior to Secured Party'e interest. < 5. If the Collateral b acquired a used primarily for business use and b of a type normally used in more than ores state, whether or not so used, and Borrower has a place of Business in more than one state, the chief place d businea o1 Borrower b• [No. and Street] i ~ N/A [City] [County] [fib] . or, , if lest blank, b that shown at the beginning of this ~ agreement. and Borrower will immediately notify Secured Party in writing of any change in Bor- rower s chief place of business: and if certificates of title are iss_ ued or outstanding with respect b any of the Collateral, Borrower will cause the - interest of Secured Party b be properly noted Wereoo, 6. EYNpt for the security interest granted hereby, Borrower b the owner of the Collateral free from any adverse lien, security interest, or ~ - encur:tbrance; and Borrower will delend the Collateral against all claims and demands of all persons st say limo claimiuq the same or any interest thereis. 7. No Finaadnq Statement ot>verinq nay Collateral a anq proceeds thereof is on file io any public office: Borrower authorises Secured Party b ttle, in jurFsdiet[ons where fhb authorisatlon will be given effect, a Ftaancinq Sutsment signed only by the Secured Party deaaibing the Collateral in the same manner s. U b described herein; and from time b time at the request at Secured Party, esecuts one of more Fiaancioq Statemeab and such other documeab (and pay the cost d tiling a reeordinq the same !n all public otffoes deemed necessary of desirable by the Secured Party) and do such other scu and things, all as tht Secured Party ta~rreat b e~tabl1~jsh~ and maintain a valid security interest is the Collateral (free d all other lops and chime whatsoever) b eeeure the paymelttthr,•Obligatiops,iiticludinq, without limitatiw4 depoei fired P ficata of tlib issuabls with :aspect to any o! the Collateral and notation thereon of the seeurtty interest hmeuader8~~"~ PaG~~ , - VV ii