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Home My WebLink About0005 Upon the occurrtnc~ ot sn ~wnt of d~iwit, tM Ba~k msy in3titut~ appropriau Ip~l P~ceMd~npt spsinst th~ Ob1~9at to obtain judqnwnt a? tM Not~ snd/ or •xac~a ~ts riqhts and r~m~dws as i~curW party undK tM Flwid~ Unilwm Comm~ra~1 Cod~ a otMr sppliuble Iaw. Ii th~ Bank ~ss dNm~d itsN1 ins~cur• or upw~ tM oau«~na of sn w~nt ol d~f~ult, tM 8aok sl+all hav~ tM ~iqht, imm~di~tNY ~1 without turthN attioo by it, to at oft apai~st thi~ Not~ sll mon~y owed by tM Bank in ~ny c~p~city to ~sch snd snY Oblpw. and alw to s~t ott ~painst all othK liabilitip of ~ach MakN to tM Bank sll monty owey by tM 8snk ~n any cpscity to ~sch and sny Mak~r. ~nd ~h~ B~nk ~I?all b~ d~m~d to hsw ~xKCisrd wch ~qht of ~t oft ~nd to haw rnad~ a cMry~ apsi~st s~y wch men~y immediatNY ~ aturr~nce ot wch d~fwlt w~n thouyh wcA cMrg~ is rt+ad~ a~~ttnd on tM books ot tIN 8ank wbseqwnt thK~to. Unless ~h~ Collst- eral is ptrishabN w thrqtens to cNclins ~~dily in v~lw or is of ~ typt tuftom~rily wld on a ntopnit~d msrk~t, tM B~nk will qiv~ iM MskK rNlonabb notiq of th~ tim~ ~nd p1ac~ of any public s~N th~r~of a tM tim~ att~r which any priv~u s~M w snY ot1N~ int~nd~cf dispotition tA~rwf i~ to b~ n~. Th~ ~equ~r~- ment ol rwson~W~ notic~ shsll b~ m~t if weh notiw is maitd. postap~ P?~paid. to any Mslu~ at th~ sddresi given b~low w e~ any oth~ ~ddna shown on the recads of th~ Bank, ac I~sst S d~YS bifore iM tim~ of th~ saq a disposition. lJpon diiposi~ion ol any Collat~rsl afar tM occu.renw of ~ny d~tault, th~ Obli~ws sMll b~ a~d ~~msin jointly snd stwrslly IiabN tw any dtt~cit~cy. The Bank shall ~ccount to tM MskK (or any wrplus but tl+~ Bank shall haw th~ right ~o apply ~II w any put oi wcA wrplus la hold ths sama ss a reserve apainst) any snd all othK liabilities of each and any Obligor to tM Bank, ~ Obtgors here• by wsive ~ny rqhts of ~sd~mption at[K dt(sult. All psrties Ii~W~ for tAe psYrtient snd coll~ction M~~of: (1) agrN to pay a11 expanses incurrQd w psid in t1?s protsction oi Collateral w ihe eniorc~me~t he~e• ot, whethK tM 8ank is obligated tMr~ta a not, includirg stta~uy's tees pual to lO~Xiof ths amount in d~(sult or wch larg~r amount as msy be ressonable for services and ~xpens~s incurred in tM enlorama+~t heno! ~ither prior w wbssquent io jud9rne~t snd wnsth~. i~ judicial proc~edin9s a otherwiss, s~d slso Thost costs, expenses and rssso~aWe atta~sy's (ess incurnd in appellste proceedings: (2) wsive prRSentment tor payment, demsnd, notice of no~-paymsnt, ~otrce of prottst and protat ot this Note: (3) co~sent to and wsivs notice ol any a~d all renewals w eztensions oi time, wsivers, or rr~odifications that msy b~ g~anted by the Baric with ~espect to the payme~t or othe? provisiom of this Note o. to the ?elease of sny Obligo. or the Collateral o? sny psrt theraoi, with w w~chout wbstitution: and (4) ag.N thst additional makers, endorsers, 9usrantors or suretits may bacoms p8rties herato without notice to them a at(ectinp tfieir hability herturWer. The Bank mty at any time irt. its sole disc.etion tompromise, settk or eztend the time of payme~t oi sny ot the demands w obligatio~s, rep~esented by any o~ the tecurities pladgad hereunder and all oi the parties liable tor the paymMt hereof hereby make, constitute and appoint the Bank, his or thei~ t~ue and Iswful ac?orney fo~ tha pucpos~ with tull powa a~d wtlwrity to compromise, settk o. eztend paymant oi said demands or obligations u+d to acquin, satisfy w dis- charge the sams of retord w othernnse ss the pa~ties lisbb for the psyment w collection hereo! mqht or tould do if personally present. The 8ank shall not be under a~y liability or obligation to taKe any steps wh~tsoever to fix any liability upon or to collect or to enfo~ce psyme~t of eny obligetion pkdgsd ss securiry nereunder whethtr by givirg eny notite, presentinp, dema~ding payment, protesting, instituti~g wit or otAervvise. The 8a~k shall not by anY act of omissio~ or commission be deemed to waive any of its rights or remedies hereunde. uMess such wsiv^r shalt be in vwiting and signed by tM Bank and then on1Y to the extent spscitieally set forth therein: a waiver on one event shall not be construed as concinui~g or as a bar to or waiver of wCh right o? renledy W? a subsequent event. _ The liability oi each Obligor shatl be absolute and uncorxiitiawl and without repard to the liability of any other parcy hereto. Any notice shall be wfficient- Iy served upon alt Oblegors by serving such notice upon any one Obligo~. The notice shall be sui(iciently se?ved if placed in the mail, postage prepaid, addressed to, or le(t upon the premises of any Obliyw at any address shown o~ the Bank's records. NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION EACH MAKER ACKNOMYLEDGES HECEIPT OF A CONFORMED COPY OF THIS NOTE ON THE ABOVE DATE. - 4 225 Frank 1 i~~ Road ~sEe?u~f r i AOORESS E.VCrL ~SIGNAT~IBRE OF MAKER ' Jp 5 31oor~ficl ~ ~:ills, ~+i . disU13 (SEAL) X AUDRE55 Beulah ~IGN~L~~~F MAKER O ENDORSEMENT In addition to the Iwbility as endorsers, which the undt~signed hereby assume, tw value received and intenditg to be legally bound, the undersigned (and if more than one, each of them jointly and severally) (a) hereby unconditionally guarantee the payment oi the within Note and ail exter?sions or reoewals thereoi ` and all wms payable under or by virtue thereof inCluding, without limitation, all amounts oi printipal and interest atK/ all expenses (intluding attorneys' fees, ~ whether inturred in irial o? ap~ellate proceedings) intur?ed in the collection tliereof, the enforcernent ot rights the~under or with respett to any security tfiere- for and the enforceme~t hereof, and araive presen[ment, demand, notice of dishoner, procest, notice of protest and all other notices whacsorver; and (b) consent ~ and agree that they are bound as Obligws under the terms of and are wbject to atl provisions set torth on the fact of said Note as tutly ss though ihey were each ~ a Make? tl~ereot, ar~d to [he exercise by the hotder of each and every right therein set forth or permined by taw, all withou~ notice to or mnsent of a~d without affectirg the liability ot the undersigned, and furthe~ corxe~t and agree that, any of the undersigrH.d may be wed by the holder hereot with w without joining any of the othe~ e~do~sers or Nlakers ot said Note and without first or contempo?aneously suing any wCA other persoru, or othe~wise seeking or proceedirg to collect from them w any ot them. ~ (SEAL) ~ ADORE55 SIGNATURE OF GUARANTOR (SEAL) AUDRE55 SIGNATURE OF GUARANTOR ~ ~ • ~yY E b . ~ _ ~ 7 ~ * ~ _ ~ fl! ~ ~ ~ ~ ~ . ~ ~ ~ 2 , . , t . ~t Rr ;r • „ ~ .