HomeMy WebLinkAbout0512 ~
. 1
Upon th~ occurr~nc~ ot an ~v~ot of d~fwl~. the Baok may instiwte sppopriaa tpal p~ocNdings sga~~st ~he Ob1~yo.s to oots~n jud9rrrnt oe tM Nou snd/
o, e~arcis~ its riqhtt snd ~tmedies ~t a/KY~~d OMty uncfN tA~ Flaidi lMi(am ComrtwrC~al Cod~ or othlr applicable 1aw. 11 tM 8ank 1?~s d~sm~d itsNf ins~cun
ar upoe+ eM occuirt~ ol sn w~~t of dNwlt. tIN 8anlc shsl~ Mw tM ripht. imrtwdiacNy and witAout furth~r attion by it, to stc off ~irtst this Not~ sll moMy ~
o~ed by t1a 8snk in snY upscity to Nch snd ai?y Oblipor. ~nd ~Iso to s~t oft ~Sintc ~II oMK lisbiliti~s of ~h Mak~r to tM 8ank atl mon~y orwd by tM 8snk
~n any cap~city to ~scA and ~nY Mska. ~nd th~ 8snk shall b~ dsNrNd to hsw tx~rcis~d wch rght of ut oft and to hav~ m~d~ s charp~ a~sin~t any such mon~y ~
~mmediatdy upon tM oocurr~np o! wch dtlault ~wn tbouyh wsh chugt is mad~ a ~nu»d on th~ books of cM B~ek wbspwnc th~r~to. UMas th~ Coll~t-
eral i: pKi:habl~ pr cArNtMS to d~e1iM tp~edily in valw Or is of s tyW tu:tortwily sold on s r~toynit~d m~rk~t, tM Bsnk wi11 qiw tM MakN rqsotabN notip ~
of the tim~ a~d pl~q oi s~y public siM th~nof a tM tim~ aitK which any privst~ alt or ~ny oMK intt~d~d disposition thawf q to b~ n~clt. Th~ rpuin.
me~t of rNSOnab1~ notiq shNl M m~t if sueh notics b msil~d. post~+ orepaid, to sny Milt~~ at tM ~dd~~st 9iwn bNow or ~t ~ny othN sddr~fs sAown on t1~
.ecads of th~ Ba~k. at I~ast 5 days btfoh cM cirn~ of the ssb a disposition. l)pon diaposicion of any Colqt~ral afcM tM occurnnc~ o~ sny d~faulc~ cM
Ob1~9on shsll b~ i~d t~main jointly and ~M~slly tiablt (or ~m? tNficie~ty. TM Bsnk shall attou~t to th~ Msker fpr s~y wtplus but th~ 8~nk shall Aav~ tM ri9ht
co apply sll or any put ot wch w+plu~ (a Aold tFu ssrM ~s ~ reservr agiinsU any sod all othsr liabil~ti~s of ~ich srd a~y Oblgw to tM 6ank. TM Obliqon ha~-
ey walv~ sny ~ghis of ~~mption sltK d~lwlt. .
Au wrciss ii~bi. tor iM wymM~ a+d ca~~ccia+ Mroot: (1) s~a ~o psy s11 ~xp~ns~s intutred or paid in th~ prot~ctio~ oi Coltateral or tM ~nfo~qmMt hs~- ~
ot, whtther the Ba~k is obligated thertior or not, includin9 saorrny's Ma pwl to 1O7~o/ tIN amount in d~tsult a wch la~~r ~mount ~s msy D~ r~asonabl~
~or services aod ~xptes~s incu•red in tM entorcement h~reof ~itM~ prior or wbspwnt to judgnNnt snd wMthN in juditial proc~adin9s or otM~wis~, snd sl~o
inose cosu, ~xpe~s~s and reasonsbl• attan~y's te~s incu~hd in sppNlat~ proc~edin9s: (21 vwiv~ pr~sentmMt (w p~Ym~nt, dsms~d, notie~ of rwn-payment~
notice of prot~st ~nd protat of this Not~: (3) consent to snd waiv~ notics of iny and sll r~n~wals o~ ~xiensions of ~im~, wiiva~s, or modificationt tfiat may b~
granted by tf?e 8sr+k with raspect to tM paymeet a othe. provisio~s of this Not~ or to th~ aleut of any Obli~or or th~ Collatsral or any p~rt Menof, wich a
w~ choui subsci~ucion; ~nd (4) sp~e~ that addi~ionsl makKS, Mdorser:, guarancws or wnci~s may b~coa?e psrcia hs.eto withouc aotic~ to Mem or alt~ecing tM:r
liabitity hNeund~r. - .
The Bsnk may at ~~y timc in its tol~ disu~tion oompromit~, settN a extend tM tims of payment o~ sny of the demands a obligations, rNxtsanad by any
ot rhe secu~itia pl~dpsd her~under and stl of th~ pa~ties liable Eor th~ p~YmMt Mnof Mreby mskt. torutituta snd sppoint th~ Bank, his o? their trw a~d lawful
accwney for this pu~po~ w~th tull power snd authwity to canpromis~, settk o? ~xtend payment ot ssid d~msnds o~ obligatians and to aopuin, tatisfy w dis-
cha~ge tM samt of raco~d o? othKwis~ st ih~ psrtits IiaWt fo? the WYment or coll~ction henof mght O~ tould do if persw~ally pr~nt. Tht Bsnk shall not bt
under any liability p obligatio~ to alc~ snY stepa whstswwr to fiz sny Iiability upon or to eoll~cc w to ~niorce psymant of sny obliystion PNd~d ss sacv~ity
hereunde~ whether by 9iving anY notitt. pnseatinp, demM~ding payment. protestirg, instituting wit or othKVVis~.
The 8ank shsll not by sny act o1 omi~ion a conxnission b~ de~m~d to wsiw sny of its righa a nmedia hueundK unlsss wch waivs~ shsl! b~ in w~iting
and signed by th~ B~nk ~d th~n only to tM ~xpnt ~pecitiplly stt fo?th ther~in; a v+?aiva o~ on~ ~nt shalt nqt b~ Construed ss continuirg or a4 s bar to or
~nraiver o~ t11Ch rigAt 0I I~RNdy WI a SNb6~qu0nt !vlnt. .
The liability of ~ach Obliyw shsll b~ absolub snd untonditional and without rsgsrd to tM liability of any other pa?ty hsreto. My notite thall be suffici~nt-
~v servad upon sU Obli~as by sarvirg wch ratio~ upon sny on~ Obligor. TM notiu sF~ali b~ wfficientfy served if plac~ed in th~ rnsil, postag~ prpaid, sddr~d
co, a lett upon tht p~emis~s oi any Obligor at any sddrrss shown on tb~ Bsnk's neo~ds. '
~ NOTICE: SEE OTHER StDE FOR IMPORTANT INFOAMATIOlM ~
EACH MAKER ACKNOWIEDGES RECEIPT OF AN EXECUTEO COPY OF THIS NOTE ON T E ABOVE DATE.
fSEALI ~ ~
AODRE55 SIONATURE OF M ER
ts~?u ~ c~-.,~ ~ ~ c~-c-~ ~
ADDRESS SIGNATURE OF MAKER~
ENOORSEMENT
In sddition to tM lisbility as andorsers, whicl~ the undsrfiyned Aer~by asw?r~. for value nceiwd and intendirg to be legally bound, th~ und~rsigMd land if .
more thsn ont, a~ch of tMm jancly snd saye~slly) (a) Mnb1r u itionstly guarancee [Ae psyment of the within Nots and all exte~ions a renewals therwf
and all wms p~yaW~ unda or by virtut thuwf ineluding. wi t limitation, all amounts of pir~eipal and interest snd all exp~nses (ieduding atmrryys' fees,
vrhethar incurr~d in triel or sppNlat! proce~dinpsl incurnd in collectiOn ~eof, the enfpprt»nt of rightt th~reunder or with resqct to sny sKVrity thKe-
for aRd th~ enforcement h~nof, snd rwiv~ pnsentment, dema , notia of dishonor, protest, ratip of protes[ and all other notices whatso~wr; and (6) oonse~t
and agrN thst tMy sr~ bound ss Obligors under tM te?ms of art wbjtct to all provisio~s s~t torth on tiN fact of s~id Not~ as fully as dtiauqh they w~ert each
a Maker th~rwf, and to th~ ~xarc~se by che holder of s'd~ ~very ~ight thera+n ~et torth w psrmitted by law, a11 wid~ouc notice to w cor~sent of snd without
affectirg tht lisbility of tht undeniyrnd, aad fur~ ooroent snd a~e~ that am of Nu,undersig~ed msy b~ wed by the holder h~reof with o? without joining
any of tM otlur ~ndorsers or Mske?s of said Noa and witAout first or concteiporsneously wing ar+y such othtr persom, or othmvise seekirg w p.ocading to
collect from them or ~ny of 1Mm.
ISEAU
ADDRESS SIGIYATLIRE OF GUARANTOR
(SEAU
AOORESS SIGNATURE OF GUARANTOR
Lo~ts 12, 13 a~nd 14, Blnc3c 2, c~ :'t.K. ~~e's Subdivisian
as pe~ plat tt~eTe~o~f reooac+ded !n Plat Book 3 at p~e 11
of ths pu~].~,c s~eao~+ds of S~ I~ucie, OauaetY, F1,o~S,da• ~
~~~UCIE CORlI~MCTY flA. ~L7~'?Yw
CLERR~~ RCI~JlT C
URT ~
, ~FCr,a, vEa:FiEO.......,,,.,r
SEP 30 4 i ~ PM'TT - ~ ~ ~ -
r
.
-
~ ~ ~ ~ ~ ~ ~215 ~ 5ii -