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Home My WebLink About0192 l1~wn th~ occu~n~cs of a~ went ol dNault, tM Ba~k may instltut~ app~oprian Ip~l procMdi~qt syairut the Ohligors to obu~n judprtrn~ on tM Noie and/ a~z~rcip itt nyhts ~nd nm~d»s af a Wcur~d party undN tM Flo~id~ Unifam Commtrcial Cod~ w otMr appiicabls law. 11 tM 8a~k h~s dNm~d itsNl ipsecun M upon tM otturnnt~ ot an w~~t ot d~fsult. th~ BaNc ~hall have ttN r~pht, ~mrtNdistNY snd w~thout furtM+ ~ttion by it, to Mt off sg~i~ut tAi~ Not~ sll moMy ow~d by tM Bank in any cap~c~ty to ~sch and s~y Oblipor, ~~d also to stt a1f ~irut all oth~r 1i~bilitip o1 ~acA IM~k~r to tM 8ank all mon~y owtd by tM B~nk in ~oy capacity to Nch and anV IN~kK, u~d tM 8~nk sAail b~ dwm~d to haw exKCiad wch ripht of ~t ot/ and to Mv~ n~ a cMry~ s~inst ~ny wd+ mon~y immed~stNy upon tM oaurr~np of wcA ddsult ~wn thou~h wd~ charp~ is rt~sd~ or ~ntKed on tM books of tM Ba~k wbspuent thK~to. Unlass th~ Co11st• tr~l IS pSrtfhiW~ Or lhfNtf~t t0 d~C1iM fpf~dily in vslw a is ol a typ~ custarwily sold o~ a nooqrNz~d mKk~t. [M 8a~k will qiw Uw MakK r~asonabl~ notic~ of [M tim~ and plau of sny public sak tMr~of or tM tirtr Nta which ~ny privaa saN a an? othM int~nd~d d~spcsitio~ thKwi is to bt rt~. TM requin- rr~t of rqto~abN notip shs11 b~ m~t ii sud~ notip a m~~led, postsp~ pr~psid, to any Nt~lcK st tM add~~u giwn bNow a at sny othK addnss shown on the ncords of tM 8ank, at Mut 5 dsY: b~fon th~ tim~ ot ths sal~ w dispos~~ion. lJpon disposition of ~ny Colla[eral aft~r ~M occur~~~q of sny d~tault, tM Qbliqon shsll b~ snd rtrtyin jointly a~d ssverslly liabls for any d~fiti~nty. TI+~ 8snk shslt ~CCOUnt to tM IN~ker for s~y wrplus but the Bank shsll have tM right to apply all a sny put of wcA wrplus (a hold tht s~nw as ~ r~s~rv~ against) any snd ~II otlNr li~biliti~s o( esch snd a~y Obligor to tM Bank. TM Oblipors here- by vNiw any riphts of redsmptFon ~ttK d~tault. All pkti~t Ii~W~ fot tM p~yment snd coll~ction herw(: (1) ap~N to psY expansst incu?red or paid in tM protettion ot CollaterN w tM Mforcernsnt he~a ot, wh~thK tM 8snk is oblisat~d thertta w ~?ot, includinq sttwn~y't te~s eqwl to 10Xof tM ~mount in default w wcA lar{~er amount as may be ressonsble ~p~ f~fyiCy{ afld ~Itpf11f1f ir1CYt~ld i11 t~N M~OrCffMllt h~flO~ fitM? prior o~ wbsequenl to judyrrwnt and whsther in judiCisl {xocNdinqs or otherwiq, arld ilf0 those casts, expe~s snd reasonable attorn~Y's 1NS innxred in sppella[e procesdinps: (21 wsive p~ese~tment for payment. demsr~d. notia ot non~payment, notice ot probtt snd protest of tAis Note: (3) co~sent to and waiw notic~ of any and all renewsls a extensions of time, waivers, or moditicaiions that may be granted by tM Baric witA respect to the psyrtwnt or othe? provisio~s of this Note or to tM relsase of any Oblipor or ths Collateral fx any psrt ths~eof, with or without wbstitution: a~d (4) agree that additanal makers, er+dorsers, guarantors w sureti~s msy become partia hereto without notice to them w affecting tAei~ IisbititY Mrwncler. The 8~nk mfy at sny timo in its wle discretio~ compromas, se~tk or exte~d the timt of paym~nt oi any of the demands a oblipations, reprasented by any of the seturitiet pbdgsd hereunder atxl all of tAe parties liable tor tAe paym~nt hereot Aeraby make, tonstitutt and appoint the Bank, his or their true and lawful attwnay tor tt?a purpose with full pov~ and authwity to compromise, settk o~ extend psyment of ssid demsnds or obligations and to acquiro, sstisfy w dis- charys the sams ot record or otherwise as the parties lisble ta the payment or collection hereoi might or could do it personally present. The Bsnk sha11 not bs ~ under any liability a obligation to take s~y steps whatsoever to fix any liab~lity upon or to collect or to enfwce payme++t of any obligation pl~dgad ss security hereuttdM whethp by 9iving aml twtits. prese+uirg, demsnding Payment. Protetting, ir?stiwting wit a othe~wisa. The Bank shall not by a~y sCt of omission or commission be deert~sd to waive any of its rigkts or nmedies hereunder uNess such waiver shall be in vvriting and siqned by the Bank and then only to tM extent speci(ically set fwth therein; a waive. on one event shall ~ot be construed as continuing or as a bar to or waiver of wch +ight a?emedY on s subseque~t event. The liability of sach Obligor shall be absolute and unto~ditional a~d without rtgard to the IiaDility bf any other party hereto. My notice shall be wNicie~t- ly served upon all Obligors by serving wch ~otice upon any a+e Oblgor. The notice shall be wI(iciently served if placed in the mail, postage prepaid, add~essed to, or left upon the premises of any Obligor at any add~ess shown on che Bsnk's records. NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION EACH MAKER ACKNOWIEDGES RECEIPT OF AN EXECUTEO COPY OF THIS NOTE ON THE ABOVE OATE. ~ - C - ~ . ~ 1 ~ - (SEAI) ~ c~ ~ ~ ~ ADDR SS I NATURE OF MAKER ~~~~17 v• :•l~~~i iSEALI ADDRE55 e_ IG{ TURE OF MAKER pc~ t . ?:C71 S , ENDORSEMENT In add~tion to the liability as endorsers, which the unde~signed hereby aswme, fw value received and intending to~e legally bound, the u~dersigned (and if more than one, each of them jointly and severaily) la? hereby unconditiorw~ly guara~tee the paymer~t of the within Note and all extensions w renewals thereof and all wms psyabk under or by virtue thereof ineluding, without IimiWtion, all amounK ot principsl and interest and all expeRSes (including attorneys fees, whethe? inturred in trial or appellate proteedings) ~nturrtd in the cdlection thereof, tM enfwterrtent oi rights thereunder or with respxt to sny seturity tne~a for a~d the enforcement he~eof, and waive prese~tment, dert~and, notice oi dishona, p?otest, ~otioe o( protest and all other notices whatsoever; and (b) consent and agree tl~at they are bound n Obligors under the terms of and are wbject to all provisions set forth on the isct of said Note as fully as though they were each 'I a Maker thereof, and to the exercise by the holder of each and every .ight therein set torth w permitted by 1aw, all without notice to or conse~t of a~d without atiectin9 the liability of the undersigned, and further toruent and agree that any o( the undersigned may be wed by the holder hertoi with or without joining any oi [he other endorsers or Make~s o( said Noce and without first or contemporaneously wing any wch other persoru, w othervvisa seekirg or proceeding to collect from them w any of them. (SEAL) ADORE55 SIGNATURE OF GUARANTOR (SEAL) ADDRE55 SIGNATURE OF GUARANTOR . 6 ~RK 20~ PA;,: ~9~ ~ 4 . y . ~ ~ . ~ - - - - - - - - . . r _ , _ . - :