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Home My WebLink About0772 ; , Upo~ tM occurrence of an ev~nt of default, thi Bank rt?sy inst~tute appropriat~ Ip~l proCNd~ngs against ths Obligors to ob~a~n judyme~t on ths Noie and/ ur extruss its riyhts and remsdies as a cecur~d ps~ty undtr th~ Flo~ida Unitwm Comm~rcul Cod~ a oth~r applicable Isw. If tht Bank has deem~d ~tselt Insecur~ ~r upon tht oocurrtnu Ot s~ ewnt of detault, th~ Ba~lc ihsll haw th~ riqht, imrtiediately snd without furtht~ ~ction by ii, to s~t otf against thit Note sll moMy cwed by tM Bank i~ any csp~city to each and a~y Obti~w, and slso to s~t ot( a~airut sII othM liabiliti~t ot each MakK to tM Ba~k all moMy owed tsy the Bsnk ~n any capatity to eath end anV Mak~t, ~nd tha Bank sh~ll b~ deemsd to haw ez~~cised wch rpht of ~t off snd to hav~ mada a charps against any such monty ~mm~datNy upon tA~ opcurnnce of wch dtfsult svt~ cAouyh wd? chsrqe is msd~ a ~ntered o~ the books o( ~he Bank wbspwnt the~eto. Unless [he Co11st- e~ai is pe~iihable a thrat~ns to declin~ spe~dily in vslue a is of ~ typ~ customuily sold on a ncopniz~d muket, the Ba~k will givs th~ Maka reawnsbf~ notic~ oi the tirtr and plsce of any public saN th~rwf or tM time atttr which ~nY privats s~la o~ s~y othK intend~d disposit~on thereoi is co b~ mac1~. TM require- ment ol ~~aso++abN notia shall be met if wch ~otip is msilad, postags pnpsid, to any Nl~ker at tM add~eu given below a at any other addreu shown on tM +ecads of tht Bank, at ksst 5 daYs beton tM timt o( tM salt or disposition. Upon disposition of any Collateral atte. the occur~ence o( sny d~fsult, the Obligon shsll bt and remsin IointtY and sevtrallY liabls for any deficiency. The Bank shall sctount to tM Maker for any wrplu: but the Bank :hall haw tht right ~o apply all a any pirt of wch surplus (a hold the same as a ~essrve against! any a~d all other liabilities oi eac~? and any Obligo? to the Bank. The Obli9ors here- by waiv~ sny rghta of r~mption aftN d~f~ult. All parties lisbl~ for the payment and coiedction hereof: (l) syroe to pay sll expensss incurred or psid in the protection of Collstersl w tha e~torcement here- ot, whether the 8snk is obligated therefor or not, irrcluding attorney's ~eas equsl to l0~fiof tM amount in deiault or wch larg~r amount u may be reasonable for servica and sxpK?sK incurred in the e~forcems~t htrw/ either priw a subsequsnt to judprnent a~d whethe~ in juditisl proceedings w oth~?wise, and also tnose cosu. expm~slt s~d reasonable attorrRY's taes intur~ed in a{~{~?Ilate procaedings; (2) waive Presentment for payment. dsmand, notite ot non-payment, nocice of p?otest and protast of this Note; (3) consent to and waive ~otiee of any and all renevvals a extensions of time, waivers, or moditications that may be g~ an[ed by the Banic with respect to the payment or other p~ovisio~s oi this Note or to the relesse ot a~y Obligor w the Collateral w any part thereot, with or w~chouc substitution; and (4) agrae that additionsl makers, endorsers, guarentors or sureties may become parties hereto without notice to them or atfecting their liability he?eunder. ' The Bank may at any time in its wle dixretion compromite, settk or extend the time of payment o~ any of the demands or obligations, represented by a~y ot the securitia pledged hereuncler and all of the pa~ties liable for the payment he~eof hereby make, constitute and appoint the Bank, his or their true and law(ul ae~orney for this Qurpose with futl power and authority to compromise, settle w extend payrt~t of said demands or obligations and to acquire, sat~siy or dis- charge tAe sams of raord or otherwise as the parties liable fw the payment w collection hereof mght or could do it personatly present. The Bank shall not be under any liability or obligation to take any steps whatsoever to fix any liability upon or to rnllect o~ to eniorce payment of any obligation Dledged as security he+eunde~ whethar by giving any notite, presenting, demanding payment, protntinp, instituting wit or othervvise. The Bank shstl not by any att ot omistion or commission be deemed to waive any of its rigl~ts or remedies hereunder unless such waiver sAall be in writing and sig~ed by the Ba~k and then oMy to the extent specifically set torth tharein: a waiver on one eve~i shall not be construed as continuirrg or as a bar to or .vaiver of wth right or remedy ot~ a subsequent event. The liability of each Obligor shall be absolute ar?d untonditional and without regard to the liability of any other parry hereto. Any notice shall be wftitient- iy served upon all Obligo~s by serving wch notice upon aoy one Obligor. The notice shall be wtticientty served ii placed in the mail, postage prepaid, addreued co, or left upon the premises oi any Obligor at any address shown on the Bank's records. NOTICE: SEE OTHER SIOE FOR IMPORTANT INFORMATION _ EACH MAKER ACKNOWIEOGES RECEIPT OF AN EXECUTED COPY OF THIS NOTE ON THE ABOVE OATE. 2285 N. N. 17th Ave., 6ninesvil~e, F1. 32605 (SEAL) ~ AOORE55 u^~~ ~d~C~1TURE OF MAK TT ISEAL) ADDRESS SIGNATURE OF MAKER Lillian Balanoff ~ ENDORSEMENT ~ ~ in addition to the liability es endorsers, which ti?e undersigned hereby aswme, for value received and inter?ding to be Iegally bound, the undersi9ned (and if rnOr@ t1W~1 O(1!, ~ch of them jointFy and severally) (a) hereby unconditionally guarantee the payment of the within Note arxi all extensions or renewals thereof _ ~nd aIl wms payable under or by virtue thereot includirg, without limitation, all amounu of principal a~d interest and all expe~ses (incfuding attorneys tees, ~ .vhether inCUrred in ttial or ~1pEll2te proCeedings) incurred in the zollection thereof, the enforceme~t ot rights the~eunder or with respect to any security tt?ere- ~ ror and the enforcement hereot, and waive presentment, demand, notice of dishona, protest, notice ot protest and a11 othe. notices whatsoever; and (b) co~ent ~ and agree thst they a.e bound as Obligors under the terms of and are wbject to aIl provisions set forth on the tact of said Note as fully as though they were each a Maker thereof, and to the exercise by the holder of each and every right therein set forth or permitted by ~aw, all nrithout notice to or rnnse~t of and without ~ ;ffeciing ihe liability oi the undersigned, a~d further corue~t and agree that any of the undersig~ed may be wed by the holder hereof with or without joining ~ ,:ny of the other endorsers or 11Aakers oi said Note and without tirst w contempWaneously wing any wch other persorn, or otherwise seeking or proceeding to coiiect f~om them w any oi them. ~ ~ ~ ~ Y (SEAL) ~ AODRE55 SIGNATURE OF GUARANTOR € rt ~ (SEAI) ~ ADORE55 SIGNATURE OF GUARANTOR _i t a l ~ ~ p~ ~ ~ y'`t` "_`p! 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