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UCC 400 NO.1l~1g REORDER FROM -FORE LINE slfsiTEMB, WX 1O46S, TAMP/1, t=LJ1. cMy/~. QQ !-RNI~ ;
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SECURITY AGREEMENT
E (GENERAL)
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BII~I Wt70D OdNS'1'~~[JCTION~ INC. , anti JAMES ZYI~Et grid BE<lER[.Y TYI~R. his. wife, iridividuallKat,g H tttare .
[Name(s) of Bor?owerts)] '
than one, each of them >olntly and severally), Mninafler tailed ''Borrower', of Pl~'Qe •
[No. and Street] [Clbrl
St. Lucie Florida 33450 , b, Yews lra,,,by to
[ ] [Stag.)
Ben F. '.Mood and E na L. ^'ood, his :•ti~e, Mrolnafter creed •'ssacutsd Perpl'. a saewlydr Irtarest
in th. follo.ting property: Typewriter, 2 Desks; C~leckwriter; Copier, Air Qorrlitioner; RefrigeratDr;
3 dhairs; Adding Machine; Calc,~ulat~c+frr~;~.,,C,.~La~
[Qressor, 2 Nai~fers; I~ C' ar Saga; Air
u~i.,
r.79. -~~re ~
T:~ ~a~~ w~; ~ 'r4i~3--iVAiVii; El+es-tria Plane atx3 Case; Q° ~}'7 sa Cata~ ianrlrr.~al 1
Reuter; Thor Concrete Vibrator; 2 Grinders; Stud C1m; Tapper; 1974 Ford Pick-Up Turk; and
1976 Ebrd Delp Truck;
together with all aecessorles, parts, equipment, and acussions now attached to or used In eonneetlon tMnwkh or whkh may IleretRer at any tlrne tie pieced
in or added to tM aboveldexrlbad property, and also any and ell replscaments M any such Property (sit of whkh is Mreimlter calved "Collateral"), m tisane
the payment of that certain Indebgedness evidenced by a promissary note or notes a:ecuted by Borrower In the amount 01
FIFTY TEIOL~SAND AMID NO~100-- oalsK (sSU, 000. UO--~
t date herewith, and any and all a¦tenslons or renewals thereof, and any and all other ItaWiltles Or oWlgatlons Of tM Borrower t0 tM Secured Pally, dlred
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~ indirect, absolute or contingent, now e~cisting or hereafter arising, now dw or hereafter to become dw (ati Mreinafler wNed tM •'ObNgatlons.•7•
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Borrower hereby warrants and agrees that:
1. The Collateral is acquired or used primarily for. personal, family, or household purposes; ~j business use; Or ~ ismtdng OperstlOns; and, M
checked here is being acquired with the proceeds of the ban provided for In or secured by tht! agreement, and tM Seeurod Party may disburse such
proceeds or any part thereof directly to the sailer of tM Collateral. ,
2. 1M Cdlatersi will be kept at Fort Pierce, St. Lucie, Florida • e, N fell a„rk at
[No. and Street) [City] (County] [State]
( the address shown at tM beginning of this agreement: Borrower will promptly notify Secured Party of any change In tM location of fire Cdisterel within said
~ statr, and Borrower will not remove the Collateral /rom said state without the written consent of Secured Party.
3. If the Collateral is acquired or used primarily for personal, Iamily or household purposes, w Ior farming operations use, Borrowers residence M
a r tonda Is that shown at tM beginning of this sgreemerK and Borrower will immediately notify Secured Party of any dNnte M tM loeatlon Of Bald residence.
€ 1. If the Collateral is to to attached to pal estate, a dexripllon of tM real estate, located In St • Luele Ceuntr •
f iorids, Is es follows,
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,nil the name of tM known owner Is:
( nit if the Collateral Is attached 1o real estate prior to tM perfection of the security interest granted Mroby, Borroeer wIN, On demand of Secured Patty, famish
3 the latter with a dixlalmer or disclaimers, signed by all persons having an interest In the real estate, o/ any Interest In tM Coilaterol that h prior to Secured
-rrt~s interest.
~ S. I/ the Collateral Is acquired or used primarily for business use and is of a type normally used In mop than orre state, whetMr a not tie used, and
~ flnrrower has a place of Business In more than one state, tM chief place of business of Borrower is:
[No. and Street]
` [City] [County] IState] •
if left blank, Is that shown at the beginning of this agreement, and Borrower will immediately notify Secured Party In writing Of any thane In Borrower's ehNf
~ Dtace of business: and if certificates of title aro Issued or outstanding with respect to any of the Collateral, Borrower will cause tM Interest of Secured Party tO
be Dropsrly noted thereon.
6. E:cept for the security interest granted hereby, Borrower Is the owner of the Collstersl tree /roar any adverp Nan, security Interest, or errcurnbrsnce;
and Borrower will defend the Coliatarai against all claims and demands of all persons at any time claiming tM same or arty Interest tMreon.
7. No Financing Statement covering any Collateral or any proceeds thereof is on file in any public office; Bonvwer authorizes Secured Party to flN, In
jurisdictions where this authorization wilt tre given effect, a Financing Statement signed only by tM Secured Party dexribirrg tM Collateral In tM same manner
as it is described herein; and from time to time at the request of Secured Party, esecute one or more Flnencing Statements and such otMr doturtrerrts (acrd
pay the cost of riling or recording the same in all public offices deemed necessary or desirable by tM Secured Party) and do such other ads and tMngs, d
as the Secured Party may request to establish and maintain a valid security Interest in tM Collatenl (free of aN other Nam and tlsinra w/tatsoeve~ b tleture
the payment of the Obligations, Including, witMut Iimltatlon, deposit wNh Secured Party of any eertiflesb d tkie IsatlabN srlth respaCt to any d tit. CalgatMM
and notation tMreon of tM securNy Irrterast Mreunder.
fl. Borrower will net sNl, transfer, lease, or olMrwlse dispose d troy of tM Collateaa) a any itrte?Mt tharaNl, K MIM N b ~ t+AlhettR !IN MMr tin111M
eeneerrt e1 S~eorrd Ot.rrv_ trD AA • A I A