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Home My WebLink About0481 Upon tM occurrK?c~ oi an ~wnt ot d~lauit, th~ 8ank may ~nst~tuu spWopriaa Ipsl procNd~~yt+pa~~st th~ Obligors to obta~n juciprtnnt o~ tFa Noa and/ o~ ex~ra~ its ~i9hti ~nd r~m~dNS ~s a s~cursd pa.ty undK tM Flw~ Unitam Comm~rt~a1 Co~ w otMr ~pplicabl~ I+w. If tM Ba~k has d~emed i~rlt ~wcur~ o~ upon tM occu~r~nc~ ot sn ~wni ot Wtault, tM B~nk sM11 hav~ tM ri9ht, imm~d~atNy and wi[haut furth~~ action by it, io stt oll psinst this Nou ~II money owed by tM 8a~k in any capacity to ~ath s~d i^Y Ob~qor• e^d Nw to set off apsirnt all othM ~i~biliti~s ol Mch MskK to tM 8ank sll mon~y owtd by ths 8ank any cspacity to ~sch snd ~ny Maktr, s~d tM Bsnk shall t» d~tm~d to Mv~ ~x~rcis~d wcA rqht ol Nt off and to Mw m~i~ ~ ch~.q~ apsin~t ~ny such mo~?~y ~mmediatNy upon tM occurr~nc~ 01 wch dNault Mn thouyh wch durps is mad~ a OntKed on tM bookt ol tM Ba~k wbseqwnt thK~to. Untess th~ Collst- e~al is p~rish~bl~ or thrsateiu to d~cline spe~dily in v~lw or is of ~ typs custortwily ~old on s ntopnii~d muk~t, tM Bank will qiw tl~ Maka ~~sior»ble nouct ot the tirrn and plst~ of any public saM tMnof or tM timi afttr which ~nY privst~ s~l~ w ~ny otMr inttnd~d disposition thsrwl it to b~ mad~. TM ~~quire• ment of nswnsbl~ notia shsll b~ m~t it wch notia is mai1W. posup~ p~~paid. to ~r?y IN~IcK at tM addreu qiw~ below a a~ any othK sddr~ss sf?own on ~M ~ecads of tM Bsnk, at least 5 daYs b~fo~~ ~M tirt» of the ~N a disposi~io~. lh~on di~potition ot ~ny Collaarsl aitsr tM occurnna ot any d~taul~, tM Obfigws shall bs a~d rem~in ]oi~tly ~r~d stNrslly IisW~ for ~nY d~(icMncY. T1N 8~~k shal( aceount to tM Mak~r for sny wrplus but tM 8s~k shall hsw tht right ?o apply all p ariY put of wcA wrplus (a hold d?s ss~ ss s r~serve sgainsc) aMr aod slt otMr liabiliti~s ot ~ach ar+d sny Obli9or to ~M Bank. The Oblpori Aen- by rwiw any riphts oi r~emption atter d~fsult. • All parti~s lisbh for tM payrr~t and collection Mr~of: (1) sp~ee to psy all expK?s~s incurnd or p~id in tM protection ol Collattrsl a tM ento~ce~r?~n1 here- ot, whetha tM 8ank is oblgat~d thertfo~ or not. i~cluclirg stto~n~y'~ fe~s eqwl to 10'Xiot tM amount in detaul~ a wch Iaryer amouni u rnay be reasonaWe for suvit~s and ~xpMS~s intu«~d in the ~ntorCemMt Mr~ot ~itMr prior or wbayuent to {udqrrNnt and wheth~r in judicial procwdings or otMrwise, snd also inose costs. ~xp~nses and nasonsble ~ttan~y's fNt incurrod in app~llaH p~oce+dirgs: (2) waiw pr~antrr~+t la psYm~nt. d~m~nd, ~+otice ol non-payrn~~t, notice of protat a~?c! pro~est of this Note: 131 consent to ~od wsiv~ notic~ oi any and all nMVals a sxaruia?s of tim~, wsivrrs. a modificstions that msy be granted by th~ Bsric witA respect to the payment a other provisio~s of this Note or to th~ ~Issse oi sny Obli9w a the Collata~ai or any part thereo(, with or w~ihout wbs~iwtiw~: a~d (11 spre~ thst sdditionsl makas, endors~s, ~usrsntors w surstief rtwy become patiss hereto without notice to them or siftcting thei~ Iiability hNeun~Nr. The Bank may ~t sny time in its sole disnetion comp~omise, settk w extend the time ot paymsnt oi a~y o1 the demands or obl~gstions, rep.esent~d by any of the ssturities pl~dysd hereunder s~d all ot the psrties liable tor the payment hereoi hereby mske, constitute and sppoint the Bank, his or their true and tawtul atcwney tor this purpos~ with tull powa~ and authority to tompromise, settle or eatend payrtia?t ot faid demands or obligstions and to atquire, tatis(y or dis• cnarge the ssm~ of retwd or othervrise ss tM puties lisble for the payment or colleetion hereoi mght or eould do ii personslly present. T1~e Bsnk shsll not be under any liability a obli9ation to tske sny steps whstsoever to fix any liability upon or to collect w to entorce paYme~t of any obligation pledgad as security hereunde~ whetAK by giviny ~ny notite, p~esenting, demending payrt~ent, protesting, instituting wit ot othe~wise. The Bank shsll not by anY aCt of omission or Commis~ion be deemed to wsive any of its rights M ren'~ad~es Mreunder unless suCh waiver thall be in writing and sipn~d by tM Ba~k and then only to the eztent specifically set torth therein: a waiver on ons event shall not be construed as continuing or as a ba. to or waiver of wch right o~ remsdy on a subsequent event. The liability of eech Obliya shall be sbwlutt s~d unoonditional and without regard to the liability of any other party hereto. My notice shall be wtfKient- Iy served upw+ all Obligws by sarving such notice upa+ any one Obligor. The notite shall be wf(icientty se?ved it placed in the mail, postage Prapaid. eddressed to, or leit upon the premises ot any Obliga at any address show~ on the Ba~k's retords. NOTICE: SEE OTHER SIOE FOR IMPORTANT INFORMATION EACH MAKER ACKNOWLEDGES RECEIPT OF AN EXECUTED COPY OF TNIS NOTE ON THE ABOVE DATE. 495 Ktrgston Rd.. Satellite Beach, R. 32937 (SEAL) ADDRESS F MAKER A ~ ~ - (SEAL) AOORESS SI TURE OF MAKER I.ul a Jar~e Pul eo .ENDORSEMENT In addition to the liability as endorsers, which the undersig~ed hereby sswme, for value received and intending to be legalty bound, the undersigned (and if more than one, each of them jointly and severally) (a) he?eby u~conditionally guarantee the payment o( the within Note and all e~cte~sions w renewals thereot and all sums payable under or by virtue thereol including, without limitation, atl ainounts of printipal and interest and all expe~as (intluding attwneyi fees, whether incurred in trial p appellate proteedirgt) inturred in the cdlection thereof, the witorcement ot rights thereunder or with respECt to any security the?e- f or and the enforcement hereof, and waivc presentment, demand, notite Of dishonor, prOtest, ~?otioe oi protest a~d all Other nOtices whatsoever; and (b) conssrlt and agrce tfiat they are bourtd ss Obligon under the terms of and are wbjeet to atI provisions set fwth on tF~e tact of said Note as fully as thagh they were esch ~ a Maker thereof, a~d to the exereise by tAe Aolder oi each and every right therein set Io?th or permittad by law, all w+thout notice to or consent of snd witAout ! atfecting the liability of the unde?signed, and further corae~t and agree that any ot the undersigned may be wed by the holder hereof with or without joining = any of the otAer endorurs or Makers of said Note and without first or contemporaneously wing any wch other personi, or otherwise seeking or proceeding to ~ collect from them or any of tF?sm. E ~ ' • I _ • r . ~ ISEAL) ADORE55 StGNATURE OF GUARANTOi1 ~ ISEAL) ~ ADORESS SIGNATURE.OF GUARANTOR a ~ ~ ~ ~ ~ . ~ ~ ~ ~ ~ 'i'- 1 ~ ' :3 it 2 ~ ~ ~ R ~AGE 473 6~~~282 ~ , ~ . ~ ~ . ~ . ~ ~ . . - - - - - - t:; ~ ~ ~~~:..4-~;.~i~~ . - - ~ .