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Home My WebLink About0780 Upon tM occurr~nce ot an event of d~f~ull, M~ Bank may intt~wt~ app~Op~~~t~ Ip~l p~ocMdir?ps a9air?st M~ Obli9ort to o0tain judprn~nt on tM Note ar?d/ exercis~ its riqhts and r~m~dNC p ~ WcurW p~ty urW~? tf?~ Fla~da Unitam Comm~rual Cod~ a otMr ippticabl~ faw. !f the Ba~k has d~em~d itstll insau?~ upon tM occurre~cs of sn tvsnt o/ dNsult, tM Bank Msll luv~ tM ripht, ~mrtrd'utNy ~nd without turtl?K actio~ by it, to f~t o(f a9sirnt this Noa ~11 mon~y owed by th~ Bank in any cspscity to wch uid any Oblipo~, end ~tto to at olf apsinst ~11 oMM liabilitip of ~sch MakN to tM Bsnk all mon~y owtd by th~ Bank ,n any capacity to ~ach and any FAaktr, and tM Bink shsll W d~tm~d co h~W exercitrd suCA ripht of pt of! ind co hsvf made a tMrp~ apsinit any wch moMy +mrnediatNy upon th~ oCCUrrerrCt of tuch d~tault Wen thOUyh wCh chsrp~ is msd~ or ~ntKed o~ ch~ bookt of tM Bank wbseqwnt thereto. Unlep th~ Collat- eral is ps~ishsbb w threst~ns to declir~ tpe~dily in value or is of a typs cuitomsrily sold on ~ ncopniied rtf~rket, th~ Bank will qiw th~ MakN rqsonabl~ ~otip ot ~~e ti~ and plaq ot any public ssk tMno/ o~ th~ time aft~~ whiM ~ny privaa s~lt o? any othK inttnd~d disposition thsrwf is to b~ m~d~. TfN r~quirs- ~neni of rsasonsblt notip shall b~ m~t it such notip is mailW, postey~ prapaid, to any Mak~~ at tM addreu given p~low or st sny oth~r scld~~p shown o~ ihe ~ecords of ~h~ Bank, st least 5 dsyi b~(on th~ tim~ of th~ sal~ or disposi~ion. Upo~ disposition of a~y Collac~ral al~er ih~ occurrena of any d~(aule, the Obi;gors shsll b~ and remain jointly and s~versHy liabl~ fo~ any deficiency. The Bank shall ~cco~ent to tM hlsker fw any w~plus but tAe Bank sAall haw the ~iyht ~o apply ~II or sny p~rt ot wch surplus (w hold th~ sam~ ss s reserve agsinstl s~y and all othp liabilitiss ot esch s~d any Obligor to tM Bank. TM Oplipors here- ~y waiv~ any riphts of redsmption aftK dtfwlt. AII p~rties liabl~ for the psy~r~ant ar+d collection M~wt: Ili aprei to pay s11 txpe~s~s incurnd or psid in the protection of Coliaterai or tM tnforesfnent he~~- nt, whather tM Bank is obtigated the~efo~ or not, incturi;ng altaMy's lees equsl to lOXoi tM smount in d~fault w wch larg~r amount as rt?ay bs rtasonable !u+ servicss and ~xpe~ses incurred in th~ enforc*m~nt her~of ~ither prio~ or wbsequent to judyrnsnt snd wMther in judicial prpc~adinys p otAerwis~, snd also ~nose costs, exp~nsa and r~sonable a~cwnsy's t~es i~cu.nd in appeltate Proceedingi: (2) waive presencmenc t~ paYment, damand, notice of non-payme~e, ~oc~ce of prorest snc! procest o1 thi: Note: (3) consent io snd wsive notice of any and sll renewals w ezt~nsions of tim~, waive~s, or moditications t1?at may be a~anted by the Banlc with respect to the payment w othar provisions of this Not~ or to tht release of sny Obliqcx or tM Collaterst or sny part thereof, with or .v~thout substitution: a~d (4) agree thst additio~al makers, endorsers, gusrantors or su~eti~s may bfcwne psrties ttiereto witAout notice to them or attecting their ? ~~ability he.eunde?. The Bsnk msy st any time in its sote distretion tompromise, settle or extend the tirt~e of payment oi sny ol thE demands a obligetions, represented by any or ihe securitia pladged hereunde~ end all of the parties Iisble tor the payment Ae~eof he~eby make, constitute and appoint the Bank, his w their t~ue and lawful a~iorney fw this purpose with futl power and authority to compromisa, settie or aztend payment of said demands w obligations and to scquire, satisfy or d'n- cnar9e the same o( record or othsrw~se as the psrties liable tw the payment or collection heraof mipht or could do it personally prese~t. Ths Bank shall not be under any Iiability o? obligation to take any steps whstsoever to tix any tiability~upon w to coltect o? to enfwce payment oi any obligatio~ pkdged as security hcreunder whather by giving any notite. presenting. dems~ding paYmgnt, Protesting, itKtitutirg suit or othMYise. The Bank Shatl not by a~y act o1 omi;sion pr commissiOn be deemed to waive any of its rights or ?emedies bereut~der unleu suth waiver shall be in writing and seqned by the Bank arid then o~ly to the eztant specifiwlly set torth therein; a waiver on one evsnt shall not be construed as continuing Or as a bar to or •.::,~ver of wch right or remedy on a subsequent event. . ~ The liability of each Obligor shall be absolute and unconcfiiional and without regard to the liability of any other party hereto. Any notica shsll be wtficient- ~y zerved upon ail Obligws by serving wch notice upon any aie Obligor. Tbe rwtice shall be wfficiently served if placed i~ the mail, postage prepaid, addrQSSed co. or teft upon the premises ot any ObGgor at any addr~s show~ un the Bank's recwds. NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION EACH MAKER ACKNOWLEDGES RECEIPT OF AN EXECUTED COPY OF THIS N07E ON THE ABOVE DATE. 48 Fs~od AVe. ~.Etst BAStA11, MA O2L2B ISEAU . ~ ADDRE55 ~iAC L RGNi~a~7~`a~AKER tsEaLi ~.s . , ADORESS SIGNATURE OF MAKER Ciaire ~eStAfano , ; ~ f ENOORSEMENT in addition to the liability as endorsers, which the unders~gned hereby assume, tor value reteived and intending to be legally bound, the undersigned (and if more than One, each ot chem jointly and severally) (a) hereby uncondition~Ily guarantee the payment of Me within Note and alt extensions or renewals thercof +nd aN wms payable ur~der o? by ririue the~eoi including, without limitation, all amounts ot prineipal and interest and alI ezpenses (including attorneyi fees, I .tihether incurred in trisi or appellate proceed+ngs) i~curred in the collettion therep(, the enforaetr~ent of rights thereundM p witA respett to any seturity there- ~ `cr and the enforcement he~eof, and vraive presentment, demand, notica of dishono?, protest, notice of protest and all other notices whdtsoever; and (b) consent ana agree that they are bour?d as Obligors under the terms of and are wbject to all provisions set forth on tAe fact of said Note as fully as though they were each ~ A~aker the~eot, and to the exercise by the holder of each and every right therein set forth w permitted by law, ail without notice to or consMt of and without ~`fecting the liability of the ur?denigned, and further coruent and agree that any of the undersigned may be wed by the holdei hereof with w without joining :nv of the othe? ~ndwsers or AAakers oF said Note and without first or contemporaneously suing any wCh other persons, or otherwise seelyrg pr proceeding to ~a;iect frpm them w any of them. - ' ISEAU i ADDRE55 SIGNATVRE OF GUARANTOR - (SEALf AOORE55 SIC,NATURE OF GUARANTOR ` • .K i . ~ v R i MIC ~ . a(~(~ .~rvv ~_.r .