HomeMy WebLinkAbout2161 - -
. 17, 6~.00_ . Jnl? » 7~ . ~
• ~ 1~ ~ A~fi~~ ~t~!' . !'pA VALUE AECEIVED. tl~e undersi`qed pcomise(s) W pyr
Lo !AN A~[ER~tQMt ltAN1[ O~ I~A]~ (~tt~r oalN~ t~ 3l~Nc). os oedes. ~t it~ Ot~lc~ ~t ZtWa6 Floada
S~ ~i~~itD 8IY ~Att~6D auid MO~l00T~ now.nRS.
^ _ . . . . . . - - ~ . . . _ . _ . . .
_ ~ r~nsM dd~ - - - -
with interest at the nte of pe~ ant per annum (360 day Duis) payabk a~~ ; having aepoa~te~1
with the Bank u security tor the payment of this note and of sU other 6abi6ties of the undersigncd as herei~afte~ definrd, 1he foUowing
~~~tY..rys.: L~tf 1 ird 4~ Bl~oalc 116, FQR3' SQ1.1'Zp~
I.~t • 17 - aod 18 H1~ 1Ql, Lwt ~l~ok ~l, L~t 4s 81~ 7!, Lrt u,
81~a1c 1~00, I.~t 1S. B~l~ok ll~, all is ~ORi' e'i'. I~I1~ ~Ci7at ='l.
tn cue of default in ~ymen! of principal oi intenst 1 or we further promise jointly and severally to pay ~nterest from date o[ default at
the ma~?imum ~ate permitted by iaw and all costs and expenses arising out of the colkction of this nute, a~hrtLer ~y kRal otocesc or otherv~•ise,
including ihc fees of any attomry empioyed by the holder tor ihe said purpose.
TAt t~rm "LiadUt~~s" as berein used sAall inciudeaa~? ~ad W lo~o~. Wvanees aad ciedtu bY Saak botA la ib own be-
halt aad ia behalt ot oWen. to the uadercijoed. ao7? aed W iadebbdoas. aotes. bw~ds, oblisatioas and liaOiUties ot aay kiad ot
tbe uader:i~otd wAether to tAe Bank and/or to any WU~r or oWers in whae Dehalt the Baok ~all have aeted in creaun~ tGe
same. o~ow or ber~aiter e~tiat. or Aecetotore a~ bereatUt ~epuind itom auotAer py We Saak and/ot b~r aayoae tor whom it hat
~cted at sAap act ia acquirln` tDe s:me, wheWet abso~lute or conUe~ent~ s~cu or uoseeured, dw o~ aot due. direct or fadl
so
ariainj b~r opeaUoa ot lar. eontractual or tortiou=, liQuidated or ualiqu~idated, at w, ia cQuity, in adminlity or otherwise. •nd
wbeWer beretator+e o~ bcreatter iacurnd or ~ivea Av ihe undetsi~ned as securitp or otherwise. Ti~e tern~ "Seeurit~r" as hereie
used sAall include any deposit aceount maintaiaed py tAe unde,rsiqr?ed ~riW the $ank oe aoy other clsin? oi the undersigaed apinst
We Bank W money. ne~otiaWe iastruments. comiaercial paptr. bond:, ~otks. credita. choset in acUoa. claima, ~demands. or any
intet+est in a~y t6ereot. and aay otAer properly. ei~hts aad lntec+ests d the und~rsiQaed, or any evideoee theteot. which have beea
oc ~t time aAall De delivered to the Baak or any ot ib a~en4, ~stociata oc correspondenta. [or any parpase wheWer ot not
for the purpose or purposes for which tdey ~ra deU~ered; aod ap ~uch mooey, ae`otiable instrumepts, eommercial paper
stocks. eredits, chosa ia aetioa. clsims, demands, or any iatenst io aqy thereot, and aay otAer property, ri~hts and iatetests.
or a~ eridenee thereof, as bave or sball eome into We postession, coatrol or custody ot the Bank or aay oi its a~enta, usociates
O~ ~M[~p0l1dl11~i, O[ OU1tfi iCt1O~ Ill IlS Dlhill, tos account.:ubJect to tAe order. or otherwise for the beaeQt or under tlre eoa-
tcol of the nndecsijned. Tac ~nk sbal! be dee~ned to bave pastessioe, coatrol or eustody M any securiq actually in transit to or
tet apart to~ it o~ aay oi its agents. associstes. correspondeats or others aeting in its DehaU. ,
As sectu~"ty for We paxment ot the focesoin~ aate and/or o! aay aad aIl such LiaDilities. !he uadcni~ned heseby pled e(s)
i
to tbe Bant all such Secur~ty capable ot pled~e aad Dupio(s). sell(s). assi~n(s) and transter(s) to tAe Bank, and/or ve~s) it
a ~e~tal liea upon. aU riQht. title aod ioterest ot the underu~aed ia aad to any thereot iacapaDle ot pled~e or ena eqwtely
plei~ed sucA pled~e andlor sale. aui~amen~ transier andloc liea bein~ made or created tor the protecUon and.security oi We
Bank uid/or ac~y other or others (but pro nta it Aeid ta We Denelit or more than one) [or wAom it hu acted or shall act as
a~ent ia coanectloa wiW the crestioA ot sny sucA liability; and in irutt tor beneRt. and to the extent ot We interest, of any suea
otRer or oWers therein.
The Bank. at its discretioa, may, whether or aot W at sncD LisDilitia be dur, in its aamc snd/ar in We name of aqyone tor
MIIIOIII Il IfiS SM!'d ai i~lIIL III COilpCtllOll Mtilb UI! !Iltt10O O~ alfy SUC~I II~WIlLy. or in the aame ot t6e unde ned. demaad. we
for. coUect and/or rece~ve any money or property at aay time due, payable or receivable on :ceount ot or in e:c e for w make
any compromise or settlement deemed desiraDle wiW respett to, a~y Security, Dut shall De unda no oDligation so to ao. It the
Security sRall rnasist of or iaclude aegotiaWe instrumeats ~nd/or ot6er choses in action andtor promists or a~reements of any
c~aracter to pay money. tbey may be aold in the maaaer Aereinaiter provided with respect to the sale oi any Security; or the
Bank andlor anyone in whose behalf it !~u acted oc shall aet in odtainine sueh security. may eztend t~e time of psymeat ot any
such oDiigation, srrange tor poyment of any thereof in instaUments, or otherwiu modify the tesms theseoi as to any other party
liable thereon, without thereby incuning responsipility to. or disc~ar iag or otherwise affectit~ any liability ot. t6e undent~ned
thercon or ia connection therewiW. The Baak. and/or anyone for w~om it hu acted or shall act as a~ent as herein provided.
upoa default (inpa ya?ent, furnishin~ security or otherwise) hereunder or in eonaection with aay sueh Liabilities (whethu wch
default be that of the uadeni~ned or ot any otAer party obli~ated thereon in whole or in part). may sell, in one or enete sala or
puce4, all or any of the Secunty, at public ule. without demand oi perEormance or notice ot inteation to sell and the Bank. and/or
anyoae in wAoae Dehalf it hu acted or shail act as heninDefore=provided, may be the purcl~aser at aay ot all prnperty si~hb
and/or interests w sold and theredter Aold the same absolutely rce from any claim or ri4ht of whatsoever kind lexludin~ any
eq~ ot redsmption, ot the undersi~ned. any such demaad. notice or ri~ht and equity ban~ hereby e:ptessly wai~ed and n-
2 The undersigaed wiU bear and pay all expeaus tincludin~ eapense [or legal services M every kind) oi. Ot ~ptldlDW t0,
the enforcement of aay oi the provisions hereof or ot any LiaDiUty ot Liabitities, or of any actual or attempted sale, or o[a~
exchanQ~ eaforcement, collection. compsomise or uttlemeat of any Security, andlor of receipt oi tAe proceedt thereof. and wtU
repay to the Baat, andlor to anyoae tor whom [t bas acted or shaU act a a~ent as Aereia prnvided, any suc6 e:pense incurred;
and snch ezpeast ah~11 be deemed an indeDtedaeu wiWin the ternu ot tAl: a~reemeat. The Baak and/or wyone for whom It hu
so actad or shall w act asa~ ent. at any time. at ib aad/Or 61s and!or tAetr option. m~y apply al~ or ~ny oi We neL cash recN
irom or an ~ccouat oi any Security to t6epa ymeat in wAole or in part of any or all oi tbe Liabibties. applyins or distr[but~
the same as it and/or he and/or they s~all elect, whether or not the item or items on which suc~ payment It ap lied be due,
makiag proper nbate oi interest or discount in case efpa yment oa any itetn not due. NotwitAstandfn~ that tbe Ba~, wLether In
its own behaU andlor in behatt ot another and/or ot oWers. may continue to hold Security and regardless of the value theteat.
We uadenigaed shall be and remain liable [or the payment in tull, principai and iaterest, of aay batance of uid LiaDiytirs aad
expenses. at any time unpaid.
If atany time the Security for the fon~oiat note and/or tor any ot such I.iabilitie~ shall be utwtisfactory to the Bank, ar
anp of itt ot6cers. and We uedersi~aed shtll not on deraand turnish suc1~ turther security or auke such payment on accoant u
•haU be atiatactory to We Bank, or ii any sum payable upoe any oi said LiaDilitie: De aot patd when due, or if the undenlp~ed
or aqy maka. obtisor. eadorscr, Quarantor, surety, iuuer ot, or otder per~oa liaDle upoa or tor any ot said LiaDilltla. or uq
malcer. obliQor, endorser, guarantor, surety, issuer oi, or other person liable upoe or tor any Security, thall die or a6aU becomie
' iwolrent (however sucs insolvency may be evidencM), or make a se~eraf auigameat for t1~e bene6t of creditors, or if the under-
; si~ned orany copartnership of whicR he is a memDer, sAall suspend the transaction o! hia or its usual business, or i~ a peGtion in
; bankruptey shall be 61ed by or against, or ii a reeeiver sl~all be appo~nted of, or a writ or order oi attacAmeat or garisishment shaU
€ be issued or made agaiast any of tl~e pmperty or asaets. or any part tl~ereoi, ot the undersigned, or of any aucD copartneeship. or
of any sueh maker, obligor. endorser, guarantor, suretp, iuuer, or other penon. thereupon. uNess the Bank, and/ot aqyo~ tn
~ whose behalf it has aMed or shall act u herelnbefore provided, sTiall otlier~rise dect. any aad all oi said Llabilttla shall become
! and be due and payable tort6v?itA, wit6out praentation, demaad. protest, aotlce oi ptotqt or oWer notice oi dishonar of a~+ tind~
~ all oi whic6 are hereby e:pressly waived.
~ Tfie B~nk may, without anp natice to the undeni~ned, repledQe ali or any part oI the Security sepu~te tmm any ot tbe La.
bilitia for which ft is pledQed by t6e uadersiQned.
; Tde Sank. and/or anyone ia whose behalt i! Du acted or sball ict as agent in conaection witb the ereatioa ot We un?e. mpr
: as:i~n or otberwise traasfer any or all. or aay part of aap, of said L'ubilities, and may Uansfer and/or delivet to a~r transiecee
: an~r or ail of We Securitr for the liabi[ity, or put thereoi. aui~ned or traaaternd; and shall be thtreatter tully dischar~ed irop~
; all cWm and retponaib~lity with respect to any and aA Securitp so tnn:ferred and/or delivered aad the transt=ree be vated with
aA We powers and ri~hts ot the trans[eror and/or tnnsierors bereunder with reapect to sucb Secudty, but the Bank, and/or an~•
~ one ln whae behalt it hu w acted or ahall w ad, shall retain all ri~4 snd powers hereby Qiven with respect to aay Security not
; w traasietred. The Baak may also transter the fore~oin~ aote an , in We event of such transter, the tratuferee sAall havs the
~ ucie ri~hb aod remcdies hereunder as it odsiaally named herein in place ot the Bank.
No delay oa t6e part oi the B~nk and/or of anyone in whose behalt it hu acted or Mall act a hereIn praWded, or of any
E tratuferee, in e:erciun~ any power or ri~ht hereunder ~batl operate as a waiver tl~ereot• nor sball any single or partial e:erci~e ~
~ ot ~ny pov?er or ri~ht hereunder prectude ott~er or turt~u exercise Wereoi or the exercise ot aay othu power or ri bt ?6e HSl?b
; and nmMies herem espressly speci6ed ue cumulative uM aot euclusive ot any riqhts or remedles wlucb tAe Ba~, and/ar sap-
one in whae beh~li it 6as acted or =hall act as herefa prov[ded. or ib and/or 6L and/or their traastereea. map or rrw~id otbetwis~
hare.
Tha uadeaiQned. it more thsn one, sAal! b~ ~ofntly and ieverally liable hereunder and upoa the tore~oin~ aote ~nd Wp.~r
vWo~u hereot re~ardinQ Liabilitia or Security oi the uadstsigned shall apply to any liabil~ty or ~ny tecunty ot any ar aIl ot
them. These praen4 are to be binding upon the beirs, esecutors. administraton. sssi~ns or succeuocs ot the undersiQned.
In the event the Bank ahall accelerste the msturlty oi tbis note pursusnt ~ the provisions sereoi. the maker shall
receive credit foT anp nnearned interest as seqnired by law. p~~i~
, l~T'I0~
i. H , , IIiC.
' (SEALI ~ ~ L)
f
s
^
~ ~ ~ att~l~= • . .
(SEAL) (SEI?L)
- ~ .
' Address wa~i
~ eoo~czis ~ -
~
_ .
~ £
. ,n ~ . ~ _