HomeMy WebLinkAbout1569 orr~~ ~ ~
AEGS ~ b3 PAG~ ~y.~0
S~ t'`~~+~Qs~ uelbo~rne, t"lori:i~ re ~ 19.-_ -
-"~~-~-~-s--- - -
F"QR VALUE RECENED, lhe unde[siqned pro^ieea to p~y to ihe N;,TION;:L SANK OE' Mf:LLOt.Fi^JE ANL~ Sr i%i-' C: OM-
PANY, ar ader, the p[lnelpal eum ot '~s~rtfd a~~~AA ~.~~rrr;~:r,:.rr~r~r.nrr,rwrrwr~srs+.w~¦.Mi~.r~-rr -
DOLI,ARS, ..lth intti~~l frorn date at tiie rate o} pe~ eentu;~ pe~ annurn. on the unyaid balar.ee untU p~i.i, at tht ot(lcea
of the NA"1'lONAL BANK GF' 1dELBOURNE AND TRUST C011PANY, Melbowne, F'loridn, in lawf~l money ot the Ur.ited Statee o[ AmOrica, in
~ initellmen4• of ~ ~ ~ ~An~L~YAY4wI the ptinclpnl, ~le~ intecesl
tFen dus, on th? ~ daY ot ecch and e~ery ~t~ , beqinninq ~~S
!9 and oentlnuing until thr principal cnd inleceat nre tu:ly paid.
Each maket, enduser, surety, and gu~antcr hete~y sever~lly hoivea deT.and, p~oteat, and noticr ai non-pcyrrent and
metutlty, and all t~Qvir~menta necassary to hcld each ot them 1{able.
Each sndarser, surety, and quarantar hereof contenta to ~ny and all ratenelona of Ume, renr.aats, •xai~en, or moditica--
tione that may be gianled by the Bank with nspect lo the Fa~ment ar athrr pioviaion• o! thia note and aqrees that eddittonal mnkers,
•r.datsere, guarantors, ac sureties may beeome psrties hQteta with~ut notiee to them ~nd v;ithout atfeelinglF.e'u liabflitr hereuader.
The underalqn~d hersb~• qives tha Bank th• li~n tar the (ull amo~nt o( thia r.ete and ot all 'ther ltabllities an~ obliqatlous
o( any o! the underslqnsd ta th~ Bank, wheth~~ obsolvte or c'ntingsnt, now existtng at hereofter arisirty, dw or to c~rr.r due, secutsd or
unsecured, jotnt or a•vstal u~on the title or intersat o( the undsreiqned ar~d oi anr ot the^:, in all propetty and aecuriHea now in ~x at any
time hrro~a{te~ cominq lnto ~h~ cusiody a posa~ssfon o! tite Bank, whether (o? tha szFreaa pwtpose of being uss3 br the 8ank aa eoUabral
security, a~ for any other purp os~, and upon eny balance ot balanee¦ ~rtanding te the eredit oi ony aeaaunts maintalned with the Bank cr anr
ot tA~ und~rslqn~d. Upon feilurs ta pay this note when dua cr derlarod dua, th• 6ank may Ioteel-se tne afonaald lien without ~udicial
proc~adinqs by s~llinq such prop~rty at pubLie or pCivote sa1e, at such ptlee ot prites, and up~n auah terma and condttiafs aa the Bank !n fta
:ole and absolute diser~tion may determfne, without d~mand, ~d~ertiaement oc notics of any kln9, all o! •+~hiCh ace hsroby wai~ed, and applq
ths ptoce~de remafrrinq after deducting nll caats a{ sak, Lncluding a reaaonoble attornsy'¦ fee, and any balancs then sEendfrt~ to th~ emdlt
ot any account maintairted with th~ 6onk by any ot th• undsitiqnsd !n 5nyrc~wnt at deduction o! the amonnt du~ hefeon, and each ot th~ under-
aiqnsd and oll sndorsera, surett~a, ond 9uatantors h~r~of alia~l r~main liabLs tor anf defitienc~.
Upon 4ailure to pay this note wh~n dtts oc drelared due, NATIi7NAL HANK OF i+1~L80URNE AND TRUST C061pqNY mar
sct of( eny balone• then standinq to the credit of any attount maintaiaed with !Re @ank by on~ oi the undar~igned Ln payment ox reducdon a!
the amoun! due hsreon and •ach o! the undersigned a~d oll endorser~, suieties and guatanto[a ahall [emaln liabl~ tor any deEleM~cp.
F:ach maksr, 4ureiy and quaranta h~rdof, and endotrsr hsreors, walves and renot~nees toe himrel! and tamily afl har.estead
dower and exomption riqhta allow~d by th~ canstitution ~d la•x• ot f'lorida or the Un3ted Statea, es aga?nst the Ln~ebtedneaa e~id~nee~
hareby or eny renswal thereo{, and all :ntecest ~d costa o! e-llection, tnelu~ing attoiner~s ises and expense~. that mcy `a~ dua. Th4~
waiver shall operata o~ all propertq of each of aaid Fsrsons now -•ti~ned, or hezeafter ac:~uirsd.
fn coa• tF.e prir,cip~l of thie not~, oe eny p~yrnent ~sn ihe prlncipal at any intereat heteon, ta no! pa43 at the r~spe tti~e
maturity thsreo( eoch mak~r, endorser, surety and quatanta furlhsr eq[ees. Jointly and aeeerally, to pcy to tha holder hereot in additlen to
th• amount of t~• ~npoid belertce ot prinefpul cmd Lntar~at, oll eoat~ ot eolketion, inclnoinq a reasonable attorno7's tee, whather sulY is
brouqht os not.
Upon the happening ot any of the followinq e~enSs, the 8ank or other holder ^ay at !ts epUon fosthwfth acssLrate
~ t matarity, and the unpnid belanee hereof shall thereupor immediately beco:r.e due and poyable •+rithont nv~lce or dernaaa, ta-•e•i4: (1~ detault
4 in th• poymint o( nny installment ot interest ar pc[nclpol ai this note, ar irf the psr[ormance of anr othe~ aqrosment in thla note, or ln ~ny
oth~r note, security agrsament, or othar tiqrsement betw~sn ihe undetsigned os any ot tham oc ot anp oth~r patl7 pdmadly oc secondasUY
Liebls h~reon, aqd the Bank~ (2) chanqe in the condition ot af[atts (tlnancla~, bus(nsse w o4~erwise) of !hs undersiq ned, or any ot them, or
~ esI anr cthet party prima[ily or seconderily llable to such an r:tent as, ln the oDinicn herean ot the BanY., will iapair its aeeurlty or inereese
ita c[edit risk; or (3) death or dissolutton ot any o( th• underrlq»sd, dr any ot the~ or oi any Mner party princs~ly ot aaeondaril~ liabls
h~reo~.
F 'fhe Banic shali not by any ect o! omisatart ac conmLaton be deemed to xalre any ot !b riqhb or rernedles h~reunder
f u~ler+s auch wclwr be Ln writi~g anc slgned by the Bank cmd tfi~n mIr te fhe extent ~p~eltieally •et fotth hsceln: a waiver tn om erent
~ shall not b~ conatrued as caetinuing M as a bcr to oc waivei ot RuCh rlght or ~emedY on a snbsequent e~ent.
f The liabiiity of each of the undetstqned shall b~ ebsolvte and unevndltlonc! and aithout rogacd to lhe liab[llty ot ar.r other
1 ~arly hersto.
F 5hould thi~ note be siqr,ed by moce than one peraon, Utr.~, or eorpocetion~ oil of ths obliqatlon• he~etn c ntoinsd aroll bs
co~sider~d Joint and esveial ohliqations ot eaeh siqn~r herooi. ~ v ~
. ;CFq;_~, .
~SEAL~
~
, 1,~~ c t ~Y9 f' ~V ~/Fi( yI ~7 //Q I~1 ti " r ~ ~ D t. / f `,1 L'. ~ ~ ' /4~'! ~ i r .
/
j,' ~ t ~ i) ~ [ 1 ~ -ir. >
//1r , L~~!)
..r~1 ~ L. { e?(1~ ~FFlCtAL RECx3RD a~~K PAGE~J