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HomeMy WebLinkAbout0175 U~on tM oawrt~Ce ol an event ol d~iwlt, tht Bank r:N~ inttiwt~ spp~op~~at~ Ipsl protNdir?y~ sq~inst tha Obfiyors to abtain y~cly~rns~t on iM Note rnd! , o~ •~c~s~ ~ts rpAU and ~~m~d~a as a s~cur~d p~rtY und~r tM Florid~ Uniform Cw.nm~rusl Cod~ or otMr appllcable law. It ths Bs~k has deunsd ~~sell ~nsecur• or upon tM oCCw?~nc~ ot ~n w~nt of d~t~utt, cM B~~Ic sh~ll haw ~M rph~, immedi~t~ly ~nd without furtMr sttio~ by it, to stt ott a~intt this Not~ all manfy o.ved py th~ gank 1n any capscity to Nch ~nd a~Y Obtqor, ~nd Nso to at off ayaiist a11 oth~r I~sbiliti~s ot ~ach Msk~r to Bank all mon~y owtd by the Bank ~n any capaciey eo ~sch and sny Mslcer, ~nd tM Bu?k fl?NI b~ d~em~d to hav~ exercissd wch rpht of »t off snd to h~v~ mad~ s chsrq~ agsinst ~ny wch money ,mm~d~scNy upon tM acn~rr~noe of wd~ cNfwlt Mn thouqh wch chu9e is rt~sds or e~t~rM on tM books of th~ 8ank wbseqwnt thento. Unl~u th~ Co11at- e~al K QMtfhiblf O~ tA~NtMri t0 ~Clins ~~dily in valw o~ is ot a typs custom~rily ald on a reco~nis~d merket, the Bank will piw iM Mska ~sasonsbls notiq ! o} tM t~ ~rd ptscs of sny public sslt tMrwf or tM tim~ a(ter which ~ny privaN ssb or ~ny otlar inttnd~d disposition thtreoi is to be msd~. TM rpu~re- ment of r~~abN not~a shall b~ m~t il wd~ notia is rtw~l~d. posqpt p~epsid. to ~ny Malc~r at tF~s addr~ts give~ below a si any othe~ address shown on the recordt ol th~ Bank, ai lsut 5 days b~/on ~he sim~ of the sal~ w diiposition. Upon disposition of any Colla~eral atter ~M occurrenos ot sny dffsult, [he pblqprs sha11 p~ snd ~emiio jpintly and stvf~ally lisbl~ (or any de(itiency. TM Bsnk shsll attount to ths Msker for sny wrplut but tM Bsnk shall haw the riqht ~o apply ~II a any psrt of wch wrplus (or hold tM sam~ ss a reserve againsti amr and all other liabilities ot ~ac1+ and any Obli9o? to the Bank. TM Obliyws here- by rMiv~ ~11y ri~tt 0/ rldfmptW~1 ittN df~W~~. All ps~tia liabN fa tha paym~nt and collection Mreot: (1) agree to psy all expensa incurr~d a paid in tM protection of Collattral or the en(orce~ne~t herr et, whetMr tM 8snk is oblgated ther~tw a not, includinq attaney's fees eqwl to 10~(iof the amount in default w wch larger artwunt as msy bs ~essonable to+ se~viqs and ~xpN+s~s incurred i~ tM enfwcert~snt henof t~ther priw o~ wbsequent to jud9ment a~d whether in judicial proceed~ngs or otherwise, s~d slso • tnosc ••!yns~s and rqso~uWe sttanW i fqs incurred in appNlate proctadings: (2) waive p~esentment tor payment, demand. notice of no~-paYment, noi+ce of potut and Wotat oi this Note; (3) co~sent to and waive notice of sny s~d all renewals o? extensions oi time, waivers, w modificatio~s tAat msy be granted by tM Bank with respett to the payment w other provis~ons of this Note or to the release of sny Obligor o~ the Collateral or any psrt tAereot, with a w~thout wbstitution: snd 141 aprea that additionsl mskert, endo~sers, gusrantors or wreties may betome Parties he~ato without notice to them or stietting their hab~lity hMlurldK. The Bsok rtay st anlr time i~ its wle discrotion compromise, settle or extend the tims oi payme~t o1 any ot the demands w obl~9ations, reprosented by any ot che securiti~s pMdged hereunda and sll of th~ puties liabb for the payment hereo( hereby make, rnratitute and appoint the Bank, his w their true and Iaw(ul atto~ney fo~ !hi! purpOtt with full pOwl~ end auLhO~ity t0 COmptomise, settle o~ extend psymMt of ssid dert?snds or obligs~ion: and to aoquire, satisfy or dis- cnarqe tAe sair~s o~ record or ot1?e~wise as the parcies liable fw the payment w collection hereot might o~ could do if pe.sonally present. The Bank shall not tie under any liability w obligation to take any s[eps whatsoever to tix any liability upon or to collact w to eniorce payment of a~y obligauon ptedged as security nereunder wheMer by 9Mn9 ~^Y notice. Pfese^ting. dert~anding paYrt~er?t, protesting, institut~ng wit or othNwise. ' The Bsidt Shall not hy any att ot pmiisiot~ M commission be deerned to waive any of its rights or ?ertfed~es herlunder unless such waiver shall be in wtiting and s;q~ed py th~ Bank and then only to the extent specifically set fonh therein; a waiver on one event shall not be construed as continuing w as a bar to w wa~ver of wch ri¢~t a remedy o~ a subsequent event. The IiaMlity of euh Oblega shalt be absolute and unconditional and without regard to the liability ot anY other party hereto. Any notice shall be wtiicitnt- !v served u~pw~ a11 Obligors by se~wng su~ notiee upon any a+e Obligor. The not~ce shall be witic~entN served if placed in the mail, postage Prepaid, addressed *o, w Ie(t upo~ the Merruses o~ any Obligor at any address shown on the Bank's records. NOTIGE: SEE OTHER SIOE FOR IMPORTANT INFORMATION EACH MAKER ACKNOWLEDGES RECEIPT OF AN EXECUTED COPY OF THIS NOTE ON THE ABO DATE . ~ 1418 lOth St., Lake Park, FL. 33403 , (SE ADDRE55 ruce ar e N a~ e-W~ s- ing ^ ~ ' ISEA~ : - ~ AooRess Mari 1yn P.~~~~'~YRE P. Bartel -$EC- Camp ng Wise, Inc. -ENDORSEMENT In additw~ to the Iwb~lity as endorsers. which the undersigned hereby aswme, tor value received a~d intending to be legally bound. the undersgned (and if . mo*e thsn one, escA ot them jointty and se~era11y) (a) hereby unco~ditionally gus.antee the payment of the withi~ (Yote and all extensions o~ ?enewals thereof ' and all wms ya1/able u~de~ w by v~rtue thereof inciuding, without limitatio~, all amaints of pincipal and interest a~d all ezpenses (including attwneyi fees, .tihethsr ~nturr~d in t~ial o~ appel~ace proceedirtgs) inturred in the cofiection the~eo~, the enforcertient of rights thereunder or with respect to any seturity there- ! tor and the enforcement hereof, and waive presentment, demsnd, notice oi disho~or, protest, notice o( p?otest a~d al~ other notices whatsoever; and Ib) consent ar,d aqree chat they are bound as Ob~~gors under the te~ms of and are wbject to all provisions set fo.th on the fact oi said Note as fully as though they were esch ~ e Maker thereol, and to the exe?c~se bY the holder of each and every right therein set forth or permitted by taw, all without notite to or consent ot snd without ~ aff~t;ng the liability of tM~e urdersgned, and turther consent and ag~ee that any of the undersig~ed may be wed by the holder hereoi with or without joining ! ~ny of the otha endase*s w Makers o~ sa~d Note and without tirst w contemporaneously wing a~y wch othe~ persons, or otherwise seeking p proceedirg to ~ c<<~lect from thlm w anV of tAem. i ~ € (SEALI ~ ADDRE55 SIGNATURE OF GUARANTOR ~ ISEAL) ~ ADDRESS 51GNATURE OF GUARANTOR ~ ` ~ ~ ~ ~ ~ - ~ ~ s z x~ i; ~ ~ Y ~ 8~1 eAC~ 4 ~v ~ - ~ ~ ~ . k~~ ~'R ~ K~ ~ • ' ~ i~ ~ ~ ~y S?v