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Home My WebLink About0160 1 t1Non th~ occur~~nt~ of an ~v~nt of d~lsult, tM Bank msy i~stitut~ appo{x~aq Ipal procNdinqs spa~ntt lhe Obl~9ws to obta~n judpm~nl on th~ Not~ snd/ or ~xKUS~ its npAts a~d r~m~di~s ~ s wcursd p~rty undK tM Flaida Unitorm Comm~rcial Cod~ or otMr applicabl~ Iaw. 11 th~ Bank h~i d~em~d ~twll ins~cun o? upon tM occur~~nc~ ot a~? ~vent oi d~t~ult, tM B~nk sMll h~w tM rpht, immWi~tNy snd without /urtMr action by it, to set ofl apain~t thi~ Not~ sll mon~y ow~d by tM Bank i~ s~y capacity to wd~ ~nd any Oblipo?, a~d also to at ofl p~init all othK liabiliti~ of each IN~kp to tM 8~nk all mon~y ow~d by iM Bank ~n ~ny cspacity to ~ach ~nd a~y N4kK, ~nd tM 8ank ~hall b~ dNm~d to haw ~ze~cis~d wch rqht o1 at ofl ,u+d to haw macN s cM~pe painst s~?y wch nwn~y imm~diatNy upon th~ occurn~+u ot wch d~f~ult ~wn Mou9h wch chsr~ it nud~ a tnt~d on tM book~ ol tM Bank wbisqwnt thereto. Unl~ss th~ Coll~t- ersl a p~~ifh~W~ w thrNt~ns to d~cliM sps~dily in vslu~ w is ol ~ typ~ cu~tortwily sold on ~ rKOpni~~d maikN, tM Bank will yivt tJw MskN ~~awnablt notic~ of tIN tirtM and pl~u ol ~ny publit saN lh~~wl p tM tirt» alt~r whiCh sny p~ivat~ s~l~ or any othK int~nd~d disposition thu~ot a to bs msd~. TM rpu~r~- rt~t of rWtoiwbl~ notiq shall b~ mst if wch notip if m~il~d. postaq~ prepaid, co any N4br ~t tM sddress yivsn below or at any othK sdd~su shown on th~ i ncords of tM 8ank, at kast 5 dayt b~for~ tM tim~ of th~ sal~ a dispos~tion. lhw~ ditposition of sny Collatsral afqr tM occurrena of any d~(ault, th~ Oblpws ~I?~II G~ and remam jo~ntly and wvenlly liabb for a~y dHicisncy. Ths 8a~k shall ~ceount to th~ MakN tor any wrplui but tM Bsnk if?sll hsw th~ right to ~pply NI a sny p~rt of wch wrplus (a Aold tA~ sam~ u a r~rve a~aeinst) ~ny and all othK IiabilitiK ol esch and any Obligor to t1~e Ba~k, TM Oblipors here- by w~iv~ any rpAtt ot ~~mption sita ddwft. All pyti~s IisW~ tor th~ paym~nt and coll~ction Mreot: I1) s~~s to psy all sxpens~s incurnd or piid in tM protection of Collstaal or tM ~nforc~mtnt herr o(, whethK tM Bink is oblpated cMrelw w not. intludi~q attaMy's fe~s pw1 to lOXiot tM smou~t in d~tautt or suth larger amount as may bs ressonsbto (or s~rvica snd ~xptns~s ~ncurnd in tM ento?c~me~t Mrwi ~itMr p?'wr w wbsequent to judpment and wAsther~n judici~l proc~edir?ps o~ otherwise, ~nd slso those costs. ~xptns~t a~d ressonablt atta~ey"s /e~s inCUrred in apptllate procaadi~gs: (2) waiv~ pr~ntm~nt for paYmtnt. dsma~d, notit~ of non-psYment, notic~ ot p~otest and protat of this Noa: 13) consent to snd waiw notic~ ot sny snd all renev~~: or ~x~en:ions o1 time, waivers, or modifiutians thst msy be g.s~ced by tM Bar+lc with respect to the psyment w othe. provisions oi tAis Noce or to the relesse of sny Obliga or tM Collat~ral or any ps?t thereof, with w without wbstitution: snd (4) agre~ tAst sdditio~al rnikers, endorsers, gusrantors o. wretits msy bacome parties heroto without notice to them a aNectiny tt.eir tiability Aereundtr. - ~ Ths 8ank msll at any time in its sols discretio~ compromik, sattk or extend the time of payment of any oi the demands a oblyations, represented by any ot tM saturities pl~dyad he~eunder snd sll oi the parties lisble tor the payment hereof hersby make, torutitute and appoint tha Bank, his or their trus antf lawlul attw~y tor Mis purpose with ful~ power a~d suthority to compromiss, seple o~ exte~d paymN+t ot said demands or oblgstia?t and to sopuin, ssusfy a dis- cherpe the seme of record w othe.vriss as tha pirlies IiaWe ta the p~ymN?t or cdl~ction hersot might or could do it ps~wnally prese~t. The Bank shall not be unde~ any liability w obligation to take any steps whstsoev~r to fiz any lisbility upon or to colNct or to entwce payrt~t oi s~y obligation pledged as security hereundar wMther by piving eny ~otice, presenting, dtmtndirg psyment, protesting, instituting wit or othervws~. The Bs~k thall not by a~y sct of omission or commissio~ be dten'ied to waiw any of its rights w rertieclias hereunder unless such waiver shall bs i~ writing and signed by tM Bank and then only to tAe eztent speciticslly set twth therein: a waive. on o~e event shatl ~ot be co~strued as continuing or as s bar to or waiver of wch right w remsdy on s wbsequent event. The liability of each Obligor shall b~ absolute and unconditio~al ar?d without regard to the liability of any othe~ party he.sto. Any notioe shall be wfficient- ly served upon ail Obligors by serving wch notice upo+~ a~y one Obligcx. The notice shall be w(ficientN served if placed in the mail. postage p.epaid. addressed to, w left upon the p~emises ot any Obli9or at any address show~ on the Bank's reco~ds. NOTICE: SEE OTHER SIOE FOR {MPORTANT INFORMATION - EACH MAKER ACKNOVYLEDGES RECEIPT OF AN EXECUT~O COPY OF THIS NOTE ON THE ABOVE DATE. s~3 ~t~t~tm 1~'.~ BQ1s~ l'rdit~ M~ '~911s ISfALI____~~ ~1~1~ A DR 55 RE OF M KER - ISEALI 2~~ ~IC ~ n~~z AD~RESS I OF MAKER ENOORSEMENT In add~tion to the 1iab~lity as endorsers, which the unde~signed hereby aswme, iw value received and intending to be legalty bound, the undersigned (and if mae ttw~+ one, each of them jointly and severatly) (s) he.eby unconditionally guarantee the payment of the within Note and all ezceMio~s or renewals thereof and all sums payabte unde~ or by virtue thereot including, without limitation, all amounts of principsl and interest and all expenses (including attorrwyi fees, whether inturred in t~ial or appellate proteedings) itrcurred in the collection thereof, the enforpment ot rghts the~eunder or with respect to arry s~curity ther~- tor a~d the enforceme~t hereof, and waiw presentment, demand, notice ot dishonw, protest, notice of prutest an~ all other notices whatsoever; and (b) co~ssnt and ayree that they are bound as Oblgors under the terms of and are wqect to all provisions set to~th on the facc of said Note as fully as though they were esch ~ a Maker thereof, and to the exe~cise by the holder ot esch a~d every ~ight therein set forth or permitted by law, all without notice to or consent of and without aitecting the liability ot the urde~signed, and furtha rnrae~t and agree that any oi the undersig~ad may be wed by the holder hereof with or without joining any oi the othe. endorsers or Makers o( said Note and without firs~ or contempwaneously wing any weh other persons, or otherwise seeking or proceeding to collect irom them or a~y oi them. ~ (SEAL) ADORESS StGNATURE OF GUARANTOR ISEAL? ADDRE55 StGNATURE OF GUARANTOR . 3 ? 4 R 2~ PA~f : p00K r? , , ~ ~ _ ~ - _ ~ ~ : - - . . . M