HomeMy WebLinkAbout1392 L AOOItIONA~ AOREtMtNT NQ, ?RO~IIfiIONS ~•ta~;,
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OwMrship anti. we of collateral. 1 own and hew.possessioa of this Repoeseeeionv You can enter my prantises and reposwss the coMaNral
cdlsteral No one Ilse has any claim against it. 1 promise not to give up if tM entee balance of tM ban becomei dui for any resson a rf 1
possesswn for more than 24 hours or do anything that wdl Create a break any other promise 1've made under this sgreement No sdvence
clam 1'll~ take all reasonable steps to protect ~t from other crttd~tors. nonce w~11 be requaed Or. ~f you ask. I'll debvet ttN collateral to you at
a time and place you designate. .
1 promise to keep the collateral m good repair and won't use tt for any
Ones Vou have possessan of tM collateral. you c~° •r ~^J.pply the
~Ilegal purpose. amount you receive tc tM unpaid balar~es tit my ban You well nosh
Oelay in enloreernent. You can delay enio~ang soy of your nyhts rile at least 7 days bsfae tM sale. If the sale puce doesn't cover tM
under this agreement wUlwut losing them For example. you can total amount 1 owe you. 1'11 pay tM unpaid bNance. TMs mcludq sny
extend tM tune fq making some payments without sxtend~ng others. costs of reppssess~on. storage and sale. and reasonable attornelj s tees
Appointment of Bank. 1 appwnt you as my attaney•in•facl to 1 understand that 1 must reclaim anything m_or on tM repossessed
negotiate and handle all matters with the carrier of any insurance collateral that isn't covered unde? tMs agreement wahrn 30 days shat
subject to your security interest. tncludrn9 but not Irmrted to tM repossession. Otherwise. you can abanda+ these items a donate tMm
endorsement of checks and drafts to charity
Interest Rate. 1 understand that in no went will you charge interest in
of tM maxim~q,~ityl~ ~,,ler t't)~1~1l:?Vt'!: at a pout whirr thr South IW at t~arrmtnaele >I.aa a,
S~ ttun 13. Tuwntthip ~ti ~uttth. IlattEr •10 katll. intrrsrrts the 11i'est shoetie liaw of ilea' lttdiaw
itirrr: Iht.arr eon 1ltrtlt atua0 thr South Iltw of said Rowrntetewt I.ol ~ i00 fret to a paint:
tMrn?r run Yurtharl~ purrlla•1 to the Worst rlQht-ot•way lint a< Southiltttaitw Ritter Dtrt~ a
dttttt~a?•a• u~t X11. fi Iaat to tltr point of brtinaia0; thaner cowtitwr Nosiarly parall~i tat the
111rst.rtOht u[ catty liar tit Muth ittdisn tilvrr prier a disttawcr of 20EteM: three ffMS Flat
~ ptatrallst to tM• 3~wth liiw u[ aaitl Govrrna?rrwt Lot 3, a distawcr a< li0 theear: t+YID
w ~wthrrly pactilla•1-to J~wih IaJisa Ntv~er Drirr 1~0 trN: thaocr eaw asst tott+rR Wras~t shoe
Itar of tM IrtJwa ititvar: threxr run SvttUtarly ntwradtrUtO thtr West elwe+r liner of the ladiaw
_ Itarrtt ttltl tart: thtraar row 1t'attt paralivl to the SotMh liters of ttitit~t CoMersatarrt Loft a dint - s
_ " - awca of ~ Meet wrtee?ar lr~w~r.= w~tlw fiat of bvNtawrtE. "ruEethrr •itlt aLL ripaeaas r+t~at• -
Slijesf fle rtasfrwtl~anir- =MMt~eltaiw~ ei1eMfot-wiayet erea~ awi-at~es~~
~ to Arse wies~tEye craw tM Neawteea Mrriw to Rirat Frdreat S! LAerw of Fort Pleeee>t, t
- tit tM ort~iaal priwripal aww of 000.00, daead 8/T/72,, recoed~MOiEt;soles 2a~ paw
1• ilJt of the public rtacotrda of Slt. Lttcir County. torida. • _ _ -
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1. Be oa South lists of Gover:lmnot; Lot 1 S
eC
8~ tit~s,t l2,
Tolanship 36 Bootle, Rstnge 40 East at Worst ls~ of Indi,aa River,
thence rtai Wi•t 870 mots- or =less to this E'aster'ly z'ight of Nsy of
Florida East Carat jLsilT~laF, than Northerly along said right of traT ,
to a point 225 feet - (mots or lesw) North of said South lia,a; t3zest
East parallel to South lice of Lot 1, to a point 4.04 feet WssC. ~morf:
or less) of this Wat shore of Indian River, thence soatheacly -
paralleling Indian River Drive 20a feet {nloret or lfasa~, thaw g~>r _
parallel to Sotsth• liar of Gavernalsnt Lat 1;-400 feet (mots or lssa}
. to the Wiat ahosa of Indian River, then so:athtr2.y Nftk riveae. to
point of b FJGCEP'1'ngG TBEREFROM, a1Z easements- far ptsbl3.f~:
- rights of Nay and utf.litiea of public record. Ihs gacaatoac retaias• iR
~_nan-e~oelvaiw eseetiret- aloana the South liar: of a
- - _ : - - ~ to provitbt- sceesa to ad
j aceat laada N!s t of the Florfds Esst Carat
' - Bsilroad .sight o:~ Nay Nhsrsia said lands star ret-iiasd by th. ~satmr
• . - sad this- easam•nt ahall..tasffiasta oa ZanvaiT 1, 1983 aald is ~
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"';Y4 _ _t0 ~ t~t ~'~aQ=! ai~isiii._- • 7 ~ ~ - - - _ ~ _ .
- - .-pAECZL -2. Besiss• at_ intessectiaan ~of NoYt~x .Itas of G - . Loa 2; .
:
- _ .~-r. - - S~ctioa 1Z;'. Tvwfafahig :36 South;- Range 40 Fast, Nith Eaatr>!rly right of
-`.``-T. ...wiT o£. Fiorids 8aat- Coast ~sil~,~.thance Saatheacly alan~ said. sigma
- - ~ .of: Ney to i poise 275:3 feet more os ~,esi) - Sot>Ith of said -
. _
lisle, theoef•-East to a point 409.28 feet mor.'rt-or less; Wier of -
- - _ the Nast fahon of Indiss Rives, tl~nas r'tm Nifa~ltt~fore •
teriT tp a ~ _
point on- North line' o!' GOVe1DtDtfnt Lot•- 2, 400 fear, mD~s'el or- tae, _
West of Iad3as. River, thence West alo>llg• North. Iiaa of •ssit,~: ;,,,t_ = „
to point of be~ag. - - -
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