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llpon IM otturr~nt~ of an we~t ot d~fsult, tM Bank may insiicuu approW ~sa Ipal procMdi~ aps~ns~ ~he Obi~gas ~o obu~~ ~ud~nwni on i~r No?e a~d!
o~ ez~rcia it~ ripAts snd rem~di~s u a~cu~~d partY undK tM Flor~ Unifwm Comm~rci~l Cod~ a otM~ apW~uWe law. If tAe 8snh has d~*»d ~neN uascwe
u~ uYUi~ i:s M.~.'w":~.w.. ~ ~t !!x •:•w•: :•n_.•L:3ee1Y ,~nd wiMout furtAer aetio~ by ~t, to stt ofl ~giu~sc tA~s No1! NI nw~yll
owed by tM Bank in s~y cap+city to taM ~nd sny ObU9or, ~nd ~Iso to stt off spainst all othM liabilitia of Nch Ma1cK to the Bank atl morwry owtd b1l tM 8ank
~n any eap~city lo ~ach ind any Msk~r. snd th~ Bank shall b~ d~s+rnd to haw ~x~rtiqd wth rpht of pt oft ~nd to h~v~ rtwdt s dwyt s~sa~st a~~ such na~wll
~mmedi~tNV uPo~ ~h~ oCtur?t~CS o1 fuCA d~iwlt wrn thouyh wch Chuqt is mad~ or MtKed on tM books of tM B~t?k wbs~qw~t thertto. thMess tM Colqt-
er31 h ps.isF?abl~ a ~hrutens to d~clirw sp~~dily io valw a is of a typ~ cuftomuily wtd o~ a r~topnis~d market, tht Bank nnll yrv~ cM trhlu. r~sonab4 notKe
of th~ tirtr and p1sc~ of any publie saN ttNnof a tM tim~ ~tte~ which any privat~ s~N a anY otht~ Mt~nd~d dnpositio~ tMrw1 a to b~ e~de. Th~ rpuwr 4
ment of nasa?~W~ notic~ shsll b~ rtwt il wch notia is ma~l~d. postspe PrePaid, to any Mak~r at tM addrtst yiven below a at s~y other sddrea shown on the
reco~ds ot tM 8snk, at It~st S dsys b~f0?~ tM tirtK of Me si~e o~ diipositie~• Upon ditpotitiw~ ol sny Collate~al ~ftN tM oocwrN~u of sny dtfsult, cne j
Obli9ors shatl h! snd retn~in jointly and stver~lly IisbM for a~y daficienty. Th~ Ba~k shall iCCOUnt to tM MikN tor s~Y wrplus but the 8ank sfiall l~ tt~ rght
io apphr all a ~ny pirt of sw:A wrplus (a hold tM ssm~ as s reserve spainst) sMr snd sll otl?K lisbiliti~s ot each a~d any Ob1ga [o the Bank. Th~ Oblqors t~ere-
by wsiv~ sny riyhts ot redsmption ittK d~f~ult.
Al) puties liabl~ for tM psymsnt and collectio~ h~reol: (1) p~~s to My all expens~s incurr~d or psid in tM proteCtion ot Collste.sl p the M}orohr~enl here-
ot, wheth~r tM Bank is oblpated therefor or not. including attwney's (e~s equsl to 10~X.of the amount in default w wch Isrger anwuni ss msfl b<
for te~vic~s and ~zp~Mes inturred in the eniorcemtnt he~aof sith~r prio~ or wbiaquet?t to judyment ~nd wfitlhN i~ lud~tyl prooMd+^4~ a od~w'se• a~l abo
cnose cosu. ~xpens~s snd r~asonabl• sttaney's test intu~red in sppellate procesdinQS: (2) waiv~ pnsentrt~ent fo~ psY~t. demsnd. nouoe of ~wr~payn+ene.
noilce of prote~l snd protat of this Note: (3! conseot to ~nd waiw noti~ of any srd sU renewsls a ~xtensions ol t~me, warvers. or nwo~i~cacwns ma~ msY ae -
gra~ted by tM Ba~ with respect to the payment a other provisions ot this Mote or to the relesse o( any Obliqrw a the Collatersl w srw pan d?anof, MnM or
.v~ihout wbatiWtion; snd 14) agrw chat a~dd+tionsl makers, endarsers, 9uarancors o. wre.as may becoma par~ros f+ereto w~thoui nocioe to che~n a atfacung Mev
fiabilitY ~+w~t. .
Tha Bank may at sny time i~ its sole discretia? compromise, senN or ex~end ~he ~ime of payme~u ot sny ot th~ demsnds o. oWg~t~oos. npesented b1l ~b
of [he seturities pledged hereunde~ e~d all of the parties liable tor the psyment hereoi Aereby mak~, rn~u[itute u?d sppoi~t the Bank, ha d thev true and lawful
a~~orney fa this purpose with tull powsr and sutho~ity to comprom~se, settl~ or extend psymnt ot said demsnds o. oWgations a~d to aoQure, sstisty w dis-
charge tM same ot recwd or otherwise ss the parties lisble ~a the paYme^t or coGection hereoi mght or could do if personally pesa~i. The Bank sfiall ~ot be
unde* any (iabitity a obligation to take any steps whatsoeve~ to (iz any liability upon or to colMxt a to enfwce payment of sny oblgacan pbdqed as secu.itY
he~eunder whathe~ by giving any notice, presenting, demsnding PsY~~. Protestinp, ~nstituu:y wit o? otherwise.
The 8ank shsll not by any act oi omissia? or commission be deemed to waive any o/ its rights or remed~es hereunde. unless suc~ w~ve+ s1+a11 be m wriung
a~d signad by the Bank and then only to the extent specitically set torth tAerein; a waiver on o~e event shall not be ca~suued as conu~uing w as a bsr to or
vYaiver of suth right or remetty o~ a subsequent event.
The liability of esch Obli9or shall be absotute and ur~conditional and without regard to the liability of any othe. pa~tY haeto. My nouae sha~ bs sufticien[-
IY served upon all Obligors by serving such notice upon anV one Obligor. The notice shall be wfficrcntly se.ved if placcd m the ms~1. postage p~epaui. addresseA
to, or leit upon che premises of any Obfigw at a~y address shown on the Bank's records.
NOTfCE: SEE (jfiNEF~ SiGE FC3?l iiri~RTAPiT itift3^nF.3A710N
EACH MAKER ACKNOWLEDGES RECEIPT OF AN EXECUTED COPY OF THIS NOTE ON THE ABOVE DATE.
2314 Tuu Av~.. Ortando, R. 32~9 (SEAL1
ADDRESS ~u~ R ~MAKER
(SEAL)
ADORE55 S~GNATURE OF MAKER
ENDORSEMENT ~
I~ addrtion to the liability as endorurs, which the undersg~ed hereby aswme, ~or value received and intending to be legafly bound, the undl~sgned iand if
more than one, each of them jointly and severally) (a) hereby u~conditionally guarantee the payment of the wichin Note and a11 ex[e~wons or .cnewals thereof
i and all wma payable under or by virtue thereof including, without limitation, all amounts ot principal and interes[ and a!1 expemes Gncludug attarneys iees,
~ whether irKUrred in trial or appetlate proceedi~gs) incurred in tbe coUaction thereof, the enforoement of rghts thereunder or with respect to any setu~ity thar
~ f or and the entorcement he~eof, and waive presentment, demand, notice of disho~d, protest, notice of protest and atl oMe. notioes whacsoe~er. and (b1 consent
i and agree that they sre bound as Obligors under the terms of and sre wbject to ail provisions set torth a+ [he tact of sad Nou as fully as d+agh thaY we*e ~d+
~ Maker thereoi, and to the eXercise by the holde? of esch a~d every right therein set forth w permitted by Isw, all without ~?uawx av ~f
~ aifecting the liability of the undersigned, and further consent and agree thst any of the undersi9ned may be wed by the holder hereof rNth or wnfia~t pining
any of the othe~ endorsers or Makers of said Note and without tirst or contemporaneously wi~g any wch ocher persons, o~ otherw~se seek~n9 0? Praceed~9 ro
' coilect trom them o? any of them.
(SEAL)
ADDRE55 S~GNATURE OF GUARANTOR
ISEAL)
AODRESS SIGNATURE OF GUARANTOR
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