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HomeMy WebLinkAbout0560 ~ l ~:~~1 ~~EaJ .i~' Chatiel Nloi•t~;nee KNOW ALL t~{EN BY THESE PRESENTS, Th~c--------------I~o~;~c- A-~tiay;--~nrcorpo-ratec~------------ ot the City of--F~.-_g1~rGE_ , County ot__~~~_.Lu~ie State of florida, 6ereinefcer called thes rnortgtgor, [or ~ecuring the payment o( the monty hereinafter menttoned, and ln further coruideratlon af the sum ot_____________________ EIGHT THOUSAND 'THREE HUNllRED NZNETEEN AND 60~100------ ~11us_$319,60 av~y ~ta ey First__Na~ional _Bar~k _ Qf _~Q~~ _ P~,~i~e_______ , a corporation of the City ot Fort Pierce County ot St.Lacie, ~od State of Ftorids, herein~f~er c~lled mortgagee, at oc before ths ensealtng and deilvery of these preunn, the receipt ~he~eo( is hereby sckrwwledged, hii grinted, bugained ar.d iold. and by theie presents does grant, bugatn, ~ell and convey unto the ~aid mortgagee, it's succe~wr~ ~nd uslg~u, the folloMing descrlb~d chatteL oi rhich De is tbt laarful orner ~nd in unqualitied potstaton, In the ~bove County and State t Quantit~ a r qu~pmrnt otw um r ria ~umLer \e.+ or )~locfel e~cra Eqvipmenl 7'r,de naa,e L'+eJ NumDer One Ne (JO-150) Schielf Bantam T 350 SN1]. 81 ~v ~h Chr 1er H-225 gasoli e en ine and u' u~},~ar _ 3gC~ Ca~h Selling Price a...............-••._...........• Trade Allowance on.--••---• ~.~:rl. T.l.~ T._J_: Paylnent in Ca~h ..............••--....................................................................._.............-•--~--~-~--..._.........3.._......_............................. Nct to Finante - - - - i................................ lnfurancc - . _ _ - . - - s-- lnteres! for... ._..._...I~fonths, at... . .70 . s......................... e 4r~:~~r.i of C;strul.....---•-•--~---•~--- ~ ~ - - . ~ TO HAVE A~D TO HOLD, ali aud singular the said peuon~l propzny above bargained and sold, or intended so to be, unro the said rtwtcgagee, its succetsors and assigns fcxever, AhD t6e a~idmortgagor covenants w•i~h said mortgagee, its succeuors and usigro, that said ch~ttel Is (~ee from all incumbrances; thu h~ du good righ[ co sell the s~me as afore~aid; and cha~ he sh~ll utd will wurent tnd de(end the same unto the sald mor[gagee, iu succesors and auigns, ag~inst the lawtulclaims of ~Il ~nd e~•zrp persoi or persoro xhomsoevet; [hat 6e vill place, pay for, ind continuousl~ keep tAe ~aid chattel a[aresaid, insured sg~init loss'by~ fire ~nd tbett.in the usual standudpolicy (ams in a:um of not less th~n the amoun[ oi ~helndebtednecs heretn secured, in such comp~ny oe com• panies as mty be appro~•ed by said mongagee, and s~ch policy or policies sh~ll conutn ehe usual sundud mortgsgee Niusc, ma'ring lou under taid pol- icy os polieies po~•aDle ~o said mortgagee, as its interest m~J• appear ~nd shall promptl~• deliver iaid pollcy or palicla togethu rtth recelpted bili for premium [o s~id matgig~~, PROVIDED ALWAYS, andthtse presents ue upon[he ex~ess c.~ndition, thu if the said mong~gor ah:ll oreL Lid truly pap unco the s~id moctgagce, its :ucceswrs and assigns, che aggregare sum o[ $ 831,~ ~(j~ Dollus secured by one cert~in promissory nete of e~•en dato he~ewith ack~wrledged, pa~•able ~~vent y-f our month; after date , made payable w said mortgagez b~ s~id morcgagor, and also all expenses chat may or shall accrue in the event of the faeclusure o( chis m«tgage, ceason~ble atturne~~'s fees and m;ts of court included, then thae presents shsll be ~•oid; othe~wise, to tem~in in full force and vinue, And the ~aid mor~gagor, for himcelf and his heirs, execurors and idminisvatws, does coven~nt and agree to and vith the said mangagee, its succeswrs ar.d assigns, that in case defaul~ shail be made en ~he pa~•men~ uf ihe said sum aboce mentioned or any insuliment thereof, or in the papment of t6e whole ur any part of the interes[ thereon at the tima and in the manner provided in said ptomissory note; ot In cue che said patty of the tint part ~hall remove che said ga~ds, chu~els and p«wnal propeny ur any ot ehem wi~hout wri[ten permissiun ot siid mortgagee; or permit or su(fer anp a[[ach- meut or other proceu m be levied upon said property~ or anp ptn thereuf; w permit or suffer any judgment tu be enured up agatnst him, then tha si[d aggreg~te sum o; money herein mer.~ioned shall b~come iastantly due and pt~able, u the option uf the satd mcxtgagee, and then it chall and m~?• be laxfui (or this macgige to be immedittely (oreclosed (ot the rholt of faid money, interest, cosu, fees, chuges aud expemes a(ores~id, - ~ That in t6e eti~enc a[ tbe beginning oF or ac any time pending any :uit upon ~his mortg~ge, ot to faeclose it, a to teform tt, and/cr to enforce p~y- ment o( sn}• claims hereunder, said mortgagee shall spply to ~he Court having jurisdiction ~hereof for t6e appointment o[ a Receir•er, :uch Cou~t shall (orthxith appoinc ~ Receiver o! said mor[gaged propeny all and singulu, for ~he purpose of prese~ving aid propetty during the pendenc~• uf s~id toreclou- ure pcocecdings, arvJ such appoinement shall be made b~• such Coun as an admiceed equ(ty snd a matur of absoluce Ngh~ to satd mcx[gagee and without reference [o the s~id adequacy or inadequ:cy o( [he value uf ~he proper~p mongaged or ~he solvency w insolvency of satd mongagxs and/a the de(end- an~s, it being expressly unden~ood and agreed ~hat said prope~ey detuior~[es tlvnugh usage and that the purpose of tho appoimments u[ such Receiver is to hold said propercy inc~ct and save same [rom deterioration during the progress of (oreclosure, Tht violation of in? of the foregoing procision> herein shall, u the option ot the mcxtgagee, uuse the indebtedness hetein secured to become d~t and pa~•able, Thz covena~ts o[ the mongagor herein shal! bind him, his heirs, executar~ and assign:, i( morc ~6an one joins in ihe execmion hereot as mor~g~gor, or eicher De of the feminine sex, or a corpora~ion, [he pconouns and relaive words herein used sh~li be read'as if writcen in piural, feminine, or neuter, respectively. IN WITNESS WHEREOF. the mor~gagor has hereunto set his hand and seal this day of 19~~ Signed, sealed and deti~~ered . R -A Wa Ineor oxated i e`pre nce f: ( SEAL ) b~ ( SEAL ) . ~ . - ~ ~4~4 i s 8319 0 6 ~ port Pierce, Florida Ja 1 19 ~2~ ~ 3 ~ As hereinafcet ptovidtd ( 1%we ) jointly and severally- promiu to pay to the order ofF1P S~ National Ban o Fort Pieree = EIGHT THOUSAND THREE HUNDRED NINETEEN AND 60/100------- a,nu: i payable in _z~ consecutive monthly inscaliments of S~~~+ ~ e~cb z commencing ~ A~~ 19 ~nd a tinal inscaltment of S-~ 1 r payable at FOxt P1C1 Ce Fbrida, wtth interest after Rlaturit~ at ~6e rate of eight per cent, per annum un[il piid. . Toge~he? wuh all eich~nge chuget and att co:ts w expenses incurrcd in tho collectiun of this note or ~np put thereof ot in protection or preurving the # ' _ properry described ia the toregoing cha~[e! mortgtge, by suit or ut6erxise, [ncl~ding a reasonabie A[corney's fee of not leu [han 15 per cen[ o( ebe full amoum ehen due hereunder i( given afcer m~turity [o an attaney for eoUeccioo a a~cencion. To furtluT ucure this note the undenigned also gi~~ee specific~ily to s~td bank t lien on all deposit accountt now or hereafter in posussion of stid _ i bank to appl}• sa~re on this note ~tter de(ault r+ithout notice or fwmality of any kind, F This note is idenufied vith and secured Ey chattel mortgage o( evm due hetewith covtrfng cette[n pers~nal propert~• and equipment theteon, Failure to pay thi~ nae, ur any uf the instailments thereof rhen due shall, at the optton of the holder 6eteo(. mtture all of said insuiiments tten unpaid. ~ The par~ies hereto. whcther maker, surety, or endorser, hereby r+aive pcacntment, demand, ptatest snd notice ot non-paymcnt; and all andwsers u~d ~ suieties hereby agree to anp exeensioru of the time ot pa~•ment 6ereut Mithout notice to them of such eateroions, ~ Address 1 a ~ ( SEAL ) } 1 Business Addreas ~y ( SEAL ) ; P(ione - Residence ' Business ___~O K ' ; i - - ~`~O