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Home My WebLink About0758 ~ ~ . Upon th~ occurr~nc~ of an ~v~nt ot d~iwlt, th~ Ba~k msy inuitua appropr~sa Ip~l procNd~nps ap~init th~ Obl~go~s io obtain judqrrnnt on iM Nota and/ u~ ezs*c~s~ itt ~iphu and ~~m~dia a a wcund pa~ty undk tM Florida Unilam Comr?rrci~l CoW w otlar Wplicable law. Ii tM Bs~k h~s de~m~d ~tsNf insscur~ or upo~ tM octu~r~r?C~ ot ~n w~nt of dNault. tM BaMc ~I?all Mv~ tM r~qht. imrMdNtNY ~l~d witAout (urtMr action by it, to set oft speinst this Not~ ~II mo~ty owed by tM B~nk in sn~ c~paCity to NCh snd ~ny Oblqw, ~nd ~tso to s~lott aq~inst NI oMM liabititiq of ~sth MskK to tM 8ank ~II nwn~y ow~d by tht 8ank ~n any cap~city to ~sch snd any N1~kt~, a~d th~ Banlc shNl b~ dMrtwd to haw exKCi~d wch ~qht oi Nt off snd co hav~ mad~ ~ charqs ayains~ sny wd+ mon~y ~mmediatNy upon tM oocur~tnc~ of wcA cNfault rwn Mouqh wch chs~pe is rtud~ or ~ntN~d on the bookt of tM B~pk wbseqwnt th~nto. Unlsst the Collat- e~al p~rishabl~ o~ thr~stens co d~clin~ ~~dily ie valw or is ot ~ typ~ customs~ily soW on a ~~copniz~d muk~t, tM 8~nk wi119ivs tht Maker rsason~bb notite ot ihe timt ~r?d plaa of a~y public aN tMrwf a tM tims aft~r whlch sny pr'rvaq ~+N a anY otM~ inte~d~d disposition thereof is to b~ mscls. TM rpuire- nxnt of rwson~bl~ notip sha11 b~ rtNt ii weh notice is msiled. postsq~ PnPe~d, to ~ny Mak~r at tM addrets yiven bslow w st any oth~r address shown on tM recurds of tM Bsnk, at I~ast 5 d~YS bafon tM tirtw of th~ s~le w disposition. Upon di~position of sny CollataM afte~ the occurr~nq of any detault, t1?e Obligws sAsll bs snd rtmiin jointly and swrnlly lisbk fw any dttiCiMCy. Th~ 8ank shell ~ttount to tM Maker for any wrplus but tha Bank shall hsw th~ ri9ht ?o apply all o~ any part o1 such surplus (w hold tM arrn ss s rts~?w apainst) sny and sll oM~. liabilities ot eacA snd any Obligcx to tM Bs~k, The Oblgor: Aera by waiw sny rghn of r~mption sft~r d~tsult. All pani~s liabls for tM paym~nt and collscu~n hereoi: (1) syrae to paY all ezpen?ses incurnd o? pakl in the p~oteceion ot Collater~l or tM en(orcement here- of, NrhethK tM Bank is obli9ated there(a o? not, includirg sttorney's tees eawl to 10%oi tM amount in datault a wch largsr amount as may b~ reasonable {or servic~s and ~xp~~s i~turred in tM ~niorpment he~eo( sither prio? or wbseque~t to judyrnent and wnether in juditisl procs~din4s o~ otherwise, snd also ~nose costf. exper?f~t and reasonsbl~ attorMY's tsa incurrsd in appeltate proCeedings: (2) waiv~ presencrn~nt tor payment, demsnd, notice ot~non•paYment, noc~ce of protast and protat of this Note; (3) consent to a~+d wsivs notice ot any and sIl renewals w~ztonsions of time, waivars, or modiiications that may be qranced by th~ Ba~c with respsct to the payme~t o~ other prov~sions of tAis Note o~ to the rolesse of sny Obligor w the Collatersl a any psrt the~eof, with o~ w~thout wbstitution: and (41 a~sa that additior?sl maktrs, e~dorsers, guarantor: w wretNS may UaCOme pa?ties hereto without notice to them a aitettinq tMir liability hl~eundet. ~ The BaNc may at s~y tima in its wla discret~on compromise, settle or eztend the time oi psyment ot any oi the demands or obligations, represented by sriy ' of the seturitias pladged hereunder and all oi the perties lisble i~r the payment hereof hereby make, Constitute and sppoint the Bank, Ais w their trus and lawful attorney for this purpose witA tull power and authority to cotnpromise, settte or extend payment of seid dMnandt or obtigatio~s and to aoquire, satisfy w dis- charge the same of retord or othe?wise as the parties liable tor the payment or tollectio~ hereof might or tould do iFpertonally present. The Bank shall not be under any liability or obligation to take anY steps whatsoever to fix any liability upon or to coltect or to entwce payment ot any obligation ptedged as security hereunde? whethx by giviog any notice, presenting. dert?snding payrt~t, protesting, instituting wi[ w otherwise. The Bank shall not by any eCt of omission or commission be deemed to waive any o1 its rights or rernedies hereunder uMess such waiver shall be in writing and signed by the 8snk and then only to the extent specitically set forth therein; a waiver on one eve~t shall not be construed as continuing or as a bar to or :ra~ver oi suth right or remedy on a subsequent Event. The liability of each Obligor shail be sbsolute and unconditional and without regard to the liability of any other party hereto. Any notite shall be wificient- iy served upon all Obligws by serving wch notice upo~ any one Obligor. The notice shall be wfficientiy served if placed in the mail, postage P~eP~d. addressed to, or teit upo~ tAe premises o( any Obligor at a~y addreu shov~ on the Bank's records. NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION EAChI MAKER ACKNOMVIEDGES RECEIPT OF AN EXECUTED COPY OF THIS NOTE ON THE ABOVE OATE. n 494Q N.W. 55th Court. T~oarac, fl. 33319 (SEALI ~ AODRESS SIGNATURE OF MAKER John C. Demi ck ~ (SEAU ADDRESS SIGYATURE OF MAKER ENDORSEMENT • Ir. addition to the liabiliry as endorsers, which the undersigt~ed herebY aswme, for va{ue received and intendirg to be le9alty bpund, the undersigned fand if more than one, each of them jointly and severally) (a) hereby unconditionally guarantee the payment of the within Note and all extensio~s or renewals the?eof ~ ;rd all wms payaWe unde+ or by virtue thereof including, without limitation, all amounts of principal and interesc and all expenses (including attorneys tees, .vne:her inturred in uisl o? appe~late proteedi~gs) incurred iri the col{ettion thereof, the eniorcement oi ri9F~u thereunder or with respett to any security there- ; and the Mforament he~eof, and waive presentme~t, demand, noti~s of dishonor, p.otest, notice oi protest and all other notices whatsoeve~; and Ib) consent F and agree that they are bourxl as Ob~igors under [he terms of a~d are wbject tu all provisions set fortfi o~ the fact of said Note as fully as though they were each 4 ~~+taker the~eof, and to the exerc~se by the holder of eaeh and every right therein set forth or permitted by law, all without notice to w rnnsent o~ and without ; affecting the liability of the undersigned, a~d turther corne~~t a~d agree that any of the undersig~ed may be wed by the holder hereot with or without joining ~ any of the other erxlo~sers or Makers of said Note and without (irst a contemporaneously wirg any wch other persoru, or otherwise seekin9 w proceeding to k coUect irom them o~ any of them. ~ s € € - (SEAL) AODRE55 SIGNATURE OF GUARANTOR 3 ; = (5EAL) ADDRESS S~GNATURE OF GUARANTOR ~ ~ ~ ~ r ' ii '~~^s"F ;qS a' ~`~e ~,°c ~ t~ +3 3D~#t ~ t54L~ ~ ~ - ~ ` i . : ~ .