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Upon tM occur~~nc~ ol an ewnt of d~lsull, th~ Bank may i~ititut~ spproprNa Ip~l proc«dinqc ay~s~nst the Obl~qors to obts~n judqrtisnt o~ tA~ Note andl
or sx~~C~N its riphts ~nd r~mWi~~ at a~cur~d psrtY undK tM flo~ida Unifam Comrrrrc~N COd~ or otMr apphcabl~ taw. If tM 8~nk h~s dt~m~d itwli ins~cura
or upon tM occw~tnc~ ol ~v~nt ol d~i~ult, th~ B~nk sMll Mw tM ri9ht, ~mrtwdiatdy and without furtMr action by rt, to set oft s~ainit this Nou sll mon~y
ow~d by tM Bank in ~ny c~pscity to esc1+ ~nd sny Oblipor, a~d sla ~o wt oft apainst ~II othK liabilitip ot ~ech MakN to 1h~ Bank ~II mon~y owrd by tM 8snk
~n any capaciiy to ~ach and a~y N4kK, s~d tM 8ank shNl b~ dkm~d to haw ~xKCisd wch ripAt of pt ofl end to Mw m~ds ~ chsrp~ sysinst anY wch mon~y
~mm~diatdy 1l{~on th~ octurrsnce o1 wth d~l~utt w~o thouyt? such charp~ is m~ a ~ntK~d on tht books ot tM Bank wbsequent thereto. Unl~ss th~ Collst-
eral is p~rishabl~ or threst~ns to d~tlins s1~~dily in valu~ or is of a typ~ customuily sold on ~ r~COpnu~d rty~k~t, tM Bank will yiw tlw Msk~r reaso~sbb notics
of tM tirtr a~nd plac+ o( any publi~ ql~ tMrwl o~ tM tim~ a(tu whioh any private ~M a a~y otM~ in[end~f disposition ~heno~ is to b~ m~. TM rpu~r~-
ment of nssori~W~ notia shall b~ m~t it u~ch notia is nuil~d. postsps Pr~paid, to any Malur ~t tM addnu giveo bNow or ~t any othtr addr~s shown on tM
retords ol th~ 8ank, at Ieast S dayc b~fon tM tims ot M~ sal~ or disposition. Upon di~positio~ of any Collat~ral afur th~ occurr~~ce oi any d~tsult, th~ .
Ob~iyo.: shall be ~nd ~em~in jointty snd s~ve~alty lisbls /or a~d~ficifncy. TM 8snk shsll actount to tM Nlak~r iw any wrplus but tM Bsnk shsll Aave th~ right
~o apply sll or any part ot sucA surplus (a hold the ssm~ u,leserve sgainst) any and all othK liabilities ot ~ach and any Obligor to tM Bank. The Obliqors hare-
by waiw sny riphti of ~~mptio~ at~K dNault.
All parti~s liabl~ for ths payment a~d coll~ctio~ hartof: (1) sgrea to pay all sxpw~ses incurred or paid in th~ protection of Cottate~al or the ~nforce~ne~t hera
oi, wh~the~ the 8ank it obliyated therefor o. not, includinp sttaney's i~ eqw~ to 10%oi the amount io delault a such larger amou~t as msy bs ~essonabls
~ur s~~vic~s snd ~zp~ns~s lncurred in the e~tortement hetsof tith~r prior or subssqu~nt to jud9ment snd whsther i~ judicial proceedingc or otMrwis~, and al~o
those costs, exp~nses and reasonable attorney's (ps inturred in appellate P?oceedinys: (21 waive prestntment for p~yment, dema~d, notite of nan-paYment,
notice of protest and protett oi this Note; (3) consent to snd waive notice of any and all renewals or ~xtensions of time, wsivsrs, a modificationt that may be
grantsd by tM BsNc with respect to the payment or other provisio~s ol this Note or to the release o( any Obligor or tAs Collateral or any part th~~eo(, with w
wichout wbstitution; and (41 agr~e that additb~al mskers, endorsers, guarantors w sureties msy bacome parties hereto without notice to them a a}tacting their
I~abilitY ~~eu+~de~. ~
Tha 8snk may at sny tirro in its sole disuetion compromise, settle or extend the cime of payment of any of the dema~ds a obligations, ~epresental by any
of the securitia pl~dyed hereunder and sll 01 the psrties liable lor the payme~t hereot hereby make, co~stitute and appoint the Bank, his or their true arxl lawiut
a~corney ta this purpose vNth full power and authority to compromise, settte or extend paym~nt of said dema~ds o~ obligations and to scquire, tstisfy or dis-
cha.ge tAe sama ot rscord or otherw~se s~ the perties IisWe tor the payment or collection hereot mght or tould do if perspnally present. The Bank shsll not be
under any Ii~bility o• oNig~„on to tAke a~y steps whatsoeyer to fix any liability upOn or to mllect w to entoree payn.ent of any obligation pledged a~ secu.ity
hereurxfer whether by giving a~y notice, presentinp. dema~ding PaYment. Protesting, instituting wit w otherwise.
The Bank thell not by any aCt of omissioo or commistion be deemed to wsi~re anY o! its iights o~ ?emediei he?eunde? unless such waiver shall be in vrriting
and signeci by the 9a~k and then only to the extent specitically set forth therein; a waiver on o~e event shall not be construed as continuing or as a bsr to or
waiver of wch nght or remedy on a wbseque~t event.
The liabllity of eacA Obligor shsll be absolute and untonditional a~sd without regard lo the liability Of any other party hereto. My notite shaN be su(titient-
tv served upon all Obligors by serrinq wch notice upon any ona Obtigor. The notice shall be suffitiently served if placed in the mail, postage prepaid, addressed
co, or lett upw~ the premises of any Obligor at any addreu show~ on the Bank's reco~ds.
NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION
EACH MAKER ACKNOWIEDGES RECEIPT OF AN EXECUTED COPY OF THIS NOTE ON THE ABOVE DATE.
2~y3 6~l~m! Mf~~! Or~ ~-~Cj~~'~ M~• L91A~ ISEAL! ~~.-C• ~r
A~DRE55 IGNATU OF MAKE
Jaoqratyn A. Rrs~~
fsEae.1
ADDRESS SIGNATURE OF MAKER
ENDORSEMENT
In add~tion to the liability as endorsers, which the unde~signed he~eby atwme, for value received and intend~ng to be Iv,gally bound, the untlers~gned (and if
more than one, each of them jointly and severallyl (a) hereby unconditio~ly guara~tee the payment of the nrithin Note and ail exteruio~s or re~ewals thereof
and all wms payable under or by vi~tue thereof includirg, without limitation, aN arnounts oi principal and ;nterest and all expereses lincludirg attor~eys fces,
whethe? incurred in trisl w appellate proceedings) inCurred in ihe collatt~o~ thereof, tHe enforcement of ~ight: thereundar or with respect to any security ther!-
tor and the enforcement hereof, and vraive presentment, demand, notice of dishonor, protest, rtotice of protest a~d all other norices whatsoever; and Ib) co~sent
and agree that thelr are bound as Obligors under t!?e terms of arxf are wbject to all provisions set forth o~ the (aet of said Mote as fully as though they wero each
a Maker tfiereol, and to the exercise by tAe holder of each and every right therein set (orth or permitted by law, all without notice to or consent of and Mrithout
af(ecting the liability ot the undersigned, and further consent and agree that any of t1~e undersigned rnay be wed by t1~e hotder hereof with or without joinirg
any ot the other endorsers or AAakers oi said f~ote and without fint w contemporaneousty wing any such other persons, or otherwise seeking w prooeeding to
collect irom them or any ot them.
~sEau
AO~RESS SIGNATURE OF GUARANTOR
(SEALi
ADDRE55 SIGNATURE OF GUARANTOR ~
aoox281 e~E i.~O ~
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