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Home My WebLink About0411 lkw~ tAe occu.re~+ce o~ an ave~t of dela~p, ~h~ Bank may u+st~W~e a{~WOW iaq I~yal prOtN[lmys a9~~nst the Obl~yurt to obu~n juclgnwm on tM Nute antl/ or •xtrua its riphts and r~m~d~~s ~s a s~cur~d party undK tM Florids Unifwm Comrrwrc~al CoW ~r :,tMr ~ppliub~e ~sw. If tAe Bsnk hu dKm~d itfNf ~~f~cur~ o. upon th~ otcur~~~u oi an tw~t ol dafault, tM 8ank shall hsv~ tM r~yh~, imrtwd~atNy snd without furtMr action by i~, to set oti apainft this Not~ sll mon~y ow~d by tha Bank in ~ny cepicity to ~aCh ~nd any Oblgor, and also to at olf a~simt sll othK liabilit~q ol ~aCh IY4kK to tM Bank ~II mo~ty owtd by th~ 9ank ~n any cspacity to esch and any Mak~r, a~d ths Bsnk tihsll b~ dNm~d to hsw extrcis~d wc~ ~qht of qt otf and to h~v~ mad~ a d?ary~ apainst sny wch mon~y ~mmsd~ately upo~ th~ occu~rtnce ot wth d~(sult wen thou9h tuch charqs is rt+sd~ a~ntK~d on tl» books ol tM Bank wbspwnt thereto. Unless ~h~ Coltat- eral is perishabl~ or ihreateiu to d~cline s~W~ly in valw w is of a typ~ custorn~rily sold on a ncoqniz~d muk~t, tM 8ank will yiw tM Msk~? rqio+»bl~ notict ol tM tirtn and place of snY public ssl~ tMr~ol w tM tirtr stur which snY Privan ~ a any otM~ inund~d dapositia? thKwl is to b~ n~. Th~ rpui~~- msnt O( r~l~ not?ce shall be rtMt if suCA notiC~ it mad~d. postaqs prspaid, co sny MakK at tlk address givM below or at any othN addr~ts sl?ow~ on tht recwds o( tM BMk, ~t leu~ 5 daYs b~fon th~ tim~ of Me sa1~ o~ disposition. Upon ditpositioe ol any Colls[a~al attK tta occurr~np of any d~(ault, tM Oblyws shall bs ~nd remain joi~tly a~d s~ve~slly IiabN lor any d~f~ciMCy. TM Bank shsll sccount to tIN Maker fw ~ny wrplus but tM B~nk sh~ll haw iM ~pht io apply ~II w any psrt ot such surplus (a hold tM sams ys a reserw apainstl any snd all othK liabilities ol esth and sny Obliqor to tM Ba~k. TM Oblipai htre- by w~iva any riyhts of r~mption aitK dtfautt, All p~rti~s IiaDle for th~ psYrt~ent and collection Mreot: (1) ag~~e to pay atl exp~nstt incurrsd or paid in tl» P~otsction of Coll~tsrd or tM ~nfo~celr~nt Aa~t- 01, whether tht Ba~k is ebligated therelor w not, includinp attorney's fees pwl to lOXiot th! smount i~ dtiault or wch la~per smount ss msy bs ressonabM for s~~vices and txper?ses incurnd in tM enforcert~t he~wt ~itAer prior w wbsequ t to judyrnsnt snd wt~etha in judicial proceedinpt or othKwis~, a~d alw chos~ costs, exp~r?sK snd ressonabl~ attwn~y's (~et incurred in appellate proceedin~ (2) wsiv~ (xesMtrrnnt fa payment, dsmand, notic~ of ~on-psyms~t, not~ce oi protest snd protest of this Note; (3) conunt to and waive ~otice of any and all reMwslt or exte~tions of time, wsiv~rs, o~ modifi¢ations th~t may b~ granted by tM 6a~c with ~espact to the paymenc or ot~er p?ovis~ons of this Note o. to ~he nlesss of si?y Obliga or tM Collateral w s~y part thsreof, with or w~thout substitution; aod (4) agrse that sddrtio~sl makers, endorsers, guarantors a wreties may b~come partiss hereto without notice to them a at(~ctinq tMir hability Mrwoder. . The Bank rswy at any time in its mle discretion compromise, settle or extend tM time of payment of any of the demands w obli9ations, rKxssentad by ~ny 01 the seturitias ple~ed hereunder and al! ot the parties liable for the payment hereof hereby make, constitute and appoint the Bank, his or tMir irw snd lawful attorney fw this purpose with full power and authority to compromiie, settle o? extend paymsnt of ssid demands a obligatio~s ar+d to acquin, sstisfy or dis• . charge the sams ot record or otherwise as the parties liabte ~a the payment w collection he~eo( might or eould do if personslly present. Tht Ba~k shs11 not be unaer any IwMlity a ob~~ga[io~ to taKe any s~eps w~a~soever [o hx any i~ao~i~~y upon or w co~~eci w io e+~~wce ~,arrr~~~ ui a~,y uin~ysuu~~ Nw.;y~w; as a~n:u~ i~r hereunder whether by givi~g any notite. presenting. demanding payment. Protesting, instiWting wit or Othetwiss. - The Bank shall not by any aCt oi omiuion or commistion be deemed to waive any of its rights w remedies hereunder unleu suth waivcr shall be in vvriting and si9ned by the Bank and then only to the extent spec~fically set (wth therein; a waiver on one eve~t shall ~ot be conttrued ss continuing or ss a bsr to ~ waiver of such right or remedy o~ a subxqueM event. - The tiability of esch Obligor shall be absolute and unconditional and w+thout regard to the liab~lity of any other party hereto. Any notice shsll be wfficient- iy served upon sll Obligors by serv~ng wcfi rwuce upo~ any o~e Obligor. The ~otice shall be wfticiently se.ved if placed in the mail, postage prapaid, addressad ~o, w lett upo~ tAe premises oi any Obligor a[ any address show~ on the 8ank's records. . NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION EACH MAKER ACKNOWLEDGES RECEIPT OF AN EXECUTED COPY OF THIS NOTE ON THE ABOVE DATE. 771A Delphia St. , Ortando, ~L. 32807 ~sE~? - ADDRE55 ~~Gw'TU=E O, ;~KER • II~ \r Ilt V ISEA~! / i~ e ~ 6 6 ADORESS u~O~ea Y•TU=~a AK R • F ila i. ENOORSEMENT In addrtion to the liability as endorsen, which the unders~gned hereby eswme, for wdlue received and intending to be legally bound, the undersi9ned (and if more than one, each of them joi~tly and severa11y) (a! hereby uMOnditionaliy guarantee the payment ot the within Note and all extensions w renewals thereof and all sums paYable under w by virtue thereof intluding, without limitation, all amounu oi princiQsl and interest and all expenses (including attorneys tees, whether incurred in trial tx appellate proteedings) i~turred in the collettion the~eo(, the enforaernent of rigAts thereunckr or with respett to a~y security thera tor a~d the enfo.cement hereof, and vraive prese~tment, demand, notice of dishonor, protest, notica oi protest and all other notices whatsoever; and (b) consent and agree that they are bound as Obligo.s under the terrm of and are wbjact to all pravisions set forth on the fxt oi said Note as fully as though they wero esch a Maker thereof, and to the exercise by the holder of eaeh and every right therein set forth o~ psrmitted by law, all without notice to w consent of and without aftectirg the tiability o( the undenig~ed, and further cornent and agree that any of the undersig~ed may be wed by the holder hereof with or without joinin9 . any of the other endorsers or Makers of said Note and wiehout first or contemporaneously wing any wch other persons, or otherwise seeking o? proceeding to i coltect trom them o~ any of them. l i ISEAL) E ADDRE55 . ~ SIGNATURE OF GUARANTOR E ! ~ ISEAL) ~ ADDRE55 SIGNATURE OF GUARANTOR ~ s ~ ~ ~ ~ ~ ~ . ~ ~ ~ ~ . ~ a~: ~ ~ ~ k 's°. _ ~ ~ i~ ra ~ ~ ~ 6001( ~8~ PAGE ~lJc) ~ ~ t . ~ _ _ - _ _ _ ~ ~ ~ : ; _ ~ ~~°A~=~~~~ A~ _ ~ _ ~ r`-