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Home My WebLink About1779 i 456928 . , . . n m STA-t`E c~F FLCO R I D A- ~ r.2 DO~UMENIARY~c~S1AMP t ~ c-` ° DEPT U~ REYENV< < ~ 4'-~ o ~ 3. 4 5 ~n = . s~uu3L'19 0 - P8.~' =11102 - _ ~ ....---.-a~}~...~~.,....~~9 .................~~~~a----. White Ridge Water Company Box 1088 Ft. Pierce St. Lucie Florida lNa~leU lxo. and atrwU tCa, or ro.ef lcouel,) lases, ~~Q (hereinafter called Purchaser). for valuable consideration. receipt of which is hereby acknowledged. does hereby purchase from'MW hereby grant to Eb 26~_..Karth...Hami.~.L~n...Road .............._...~~1-u~bus.•.-•.-....--...Franklin Ohio. -GQ.._Mdll~tfdC~1~1~19_.CII~?~I~Y lNa,w) (NO. ass straeU ccw or Toro) (Count„ laud) (hereinafter called the Seller), a security interest in the following described property and any and all accessions thereto (hereinafter called the Collateral) for the total price and upon and subject to the terms stated below: DESCRIPTION OF COLLATERAL: 10--OASIS Water Coolers 791-7 79200-81079 81079 791606-5662 5683 6016 1TE1?!S MAKING IIP TOTAL OBLIGATION 1. Cash Prue of Collateral_ 2,008.61 2. Sales Tax it applicable _ 3. Documentary Service Charge....__._...._......_....._...__ 1Q 00 4. Total Cash Price (sum of 1. 2. and 3)________________....._--__.-..-.._....._..__.--._...-•-_.--•-•--..............; 2,027.-6~ 5. Less Down Payment ; 200.8( Cash : Trade-In 9~~ _ Ss _ 6. Unpaid Balance of Cash Price (4 leas ti)_..._____.__ 1 ,826, 75 _ T. Cost of Insurance - ' 8. Principal Balance (sum of 6 and 7)._._ _ 9. Finance and Service Charge 401.89 _ 10. Time Balance-Amount of Note (sum of 8 and 9)._ 2,228_64 Time balance payable in consecutive monthly inatallmenta of ;......~~.,.$6 each and one for the remaining balance, to be paid on the .._...._...2Q~j......._.-•--.. d_ay of each month commencing on ...............j~uguSt.•.---...................... 19-fig. until said total indebtedness shall have been paid. THE CONDITIONS OF THIS SECURITY AGREEMENT ARE SUCH that Purchaser has executed and delivered to Seller his (its) certain promissory note of even date herewith, hereinafter referred to as the "Note", in the principal amount equal to the Time Balance shown above and payable as set forth above, and any Purchaser of said -Note shall take the same free from any defense thereto and/or daima, demands and setoffs of Purchaser against Seller, NOW, THEREFORE: If the obligation hereby secured, or any part thereof, is not paid at the maturity hereof. whether such maturity be caused by lapse of tLne or by acceleration, such entire obligation or the part thereof which has matured, as the case may be, shall thereafter draw straight interest at the rate of 896 per annum until paid; or at the option of the Seller, the Seller may collect and receive. and the Purchaser agrees to pay. a late charge calculated at the rate of bt for each dollar of any monthly installment, shown above which is not paid on or before ten days after the due date thereof, but in no event shall the amount of such late charge for any one defaulted installment exceed ;3.00, which late charge, it imposed and collected by the Seller. shall be in lieu of such 896 straight interest on the applicable installment. Purchaser warra„ta and covenants that: BOX 1088••----•--•-••--.-••-•.•-Ft._ .Pierce - --St. Lucie Florida 1. The Collateral will be kept at _ lslrsss, lcll» (Count,, lsua) ~ Purchaser will notify Seller of any change in location of the Collateral and will not remove the Collateral from the above state withQUt the written consent of Seller. The Seller may examine and inspect the Collateral at any time, wherever k,ce?ted. 2. The Collateral is or is to be used primarily in business use. 3. Purchaser's principal place of business is located at :................................_......._....._............._F.1DY:l:C~d-....__.............._._..---........._.._...._._.........'.... - 181ate) Purchaser maintains additional places of business as follows: (If none, so indicate) NOlle-•.•-_.••_........._.._._....__.._.._._•--•-.---..._..._--••--- 4. It Purchaser maintains no place of business. Purchaser's residence is es above. 5. The Collateral, which is not normally used in more TO ~ igip than one state; V personal property and wW always remain ACKNOwLEDCYfM OF OF COPY HEREOF' such, regardless of the manner in which the same may be in- stalled and attached to pipes or plumbing. If Seller deems it ~1~ ~ ~ ~ ~ ~ ~ ~ H ~ rf H G09~ ~ ~ necessary, Purchaser will obtain an agreement to similar effect from the owner or lessee of each parcel of real estate where the collateral may. from -time to time, belocated.-.. - _ - (2} You afe ealitled t9 i eMlpl~ fllkd M 9~ tYS A~MiliMlt, i11d--- THIS AGREEMENT IS SUBJECT TO THE ADDITIONAL foto~ ~ 8 ~ ~ BabM~- PROVISIONS SET FORTH ON THE REVERSE SIDE HERE- ~ ~ ~ ~ ~ a ~ ~ L ~ ~ ~ oF, THS $A>1IE BEINa INOORPORATED BY ~ ~ o~ cetbi~ ~ ~6lar a ~ MNi ~ ~ ~ Eb~cE. _ - - _ 265 North Hami 1 ton Rd . D01~• _........s... Whit ge Wat C pany x It Ft. Pierce Colum~ io s`""L.P. Benua Pres.. Thep w~ - - - ~ r ~ ~ r .t , rore>SSa n~r..n PM