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Home My WebLink About0232 Upon tM oocurr~np of sn ~~t oi d~fwlt, tM B~nk may ~~?stitut~ app~op.uu Ipal procMdinp~ psiiu~ th~ Obl~por: ~o obuin judpnknt on ttw Not~ and/ o~ ~xaust ip ri~q and r~cfi~s as ~ s~cund party undK tM Florid~ Unifwm Comme~ciN Cod~ a otfwr appliubl~ Isw. If tM Bank hss d~ned itssll in~cur• w upa~ tM oocwr~na ot ~n ~nt of d~fsult, t1N Bsnk thall hav~ tM ripht, imnwdi~uly ~nd without tu?tMr actio~ by it, to ql oft sgsinst this Not~ all mon~y ow~d by tM 8ank in ~nY c+P~city to Nd+snd any Obtgor. snd also to at otf p~inst ~II oMK liabilitia ot ~ad~ N4kK to th~ 8ank alt mon~y ow~d by th~ Bsnk in any c~picity to ~ach u~d ~ny MskK, ~nd cM B~nk d+a11 b~ d«m~d to Mvr ~XKeiwd wich rpht ot ~t ott ind co hav~ m~d~ a chsrp~ sg~i+ut ~ny wch mon~y ~ imm~diat~ty upon eM oocwre~a of wch ddwlt wM chouqh wch chup~ it n~ a tntK~d on tM bookf of tM Bank wb~quent tMnto. Unl~ss th~ Coll~t• N~I q pNifhiblf OI tAfM[Mf t0 dK1iM ~Ily Ifl V~11M Of if 01 ~ typ~ CUftOfll~flly fOld Of1 ~ r«,~ppnu~d m~tk~t, lM B~nk will ~ivr th~ MskN rqwMbb notice ot tim~ ~nd plao~ of ~ny public s~N tMnof or tM tirtN aft~r which any privaa s~N a any otl~ int~nd~d disposi~ion thKwt is to b~ mad~. Th~ roquir~- ~ n~t of ~pswabN ootia ~hsll b~ m~t if wdi notip a miil~d, postsq~ pr~psid, to ~ny AAilur ~t tM eddreu giv~n btlow or ~t any ot1+N ~cldrsa shown on fM ~ ntords of tM 8ank, ~t ba:c 5 d~ys ~fon tM tirtr of tM saM a disposition. lJpon di~position of ~ny CollaurN aftN th~ oawr~np of any del~uh, tht Obliyo~s shall A~ ~nd ~Nwin joinNy and sw~~lly liabb fw any d~fici~ncy. Th~ Bank shall ~oeount to tM Msker for any wrplus but tM 8snk sh~ll hsw th~ ri9ht ~ to spply sM a amr part of sucA wrplw (a hold tM ssrt~ ~s a r~va spai~utl any ~nd all othK IiabilitiK oi each and any Oblgw to 1M Bsnk. TM Oblipors h~re• ; by w~iv~ awy rioha of r~mp~ion ~fc~? d~f~ult. All p~rti~a liabl~ fw tM payrtrn~ snd rnll~ction h~rwf: (1) apr~e to pay s11 exp~nas i~curr~d a paid in tM prot~ct~o~ oi Collateral or th~ enforc~nt Aer~- of, wf~etAa tA~ 8~+k K oblg~ted th~ntor w not, includinp attan~y's t~ pual to 10%ot tM amount i~ detaul~ w such Iar~r amouni as may b~ r~asor,aWe tw sa.vic~s and exp~ns~s i~curred in tM Mtorc~m~nt he~wi ~ithsr prior or wb»qwnt to judprrNnt ~nd wMthK in judicial proc~dinps or otMrwise, A~d alw thoss costs, ~xp~nNS a~d ressa~aW~ sitaney's f~et incurnd in appsllste proce~dinps: (21 waiw prtstntme~t ta psyment, dsmand, ~otice ot non-piyment, ~oiio~ of protut snd pro~at of this Nou; 13) coe~ent to and waiw notice oi any and s11 r~~ls a~x~en:ion: of tims, waiv~rs, or moditicatio~s that msy be 9rant~d by th~ BaNc with respect to tM paymtnt o~ othe~ provisions of ihis Not~ or to th~ nlease of any Obligor a ths Collateral a eny part theroof, with p vwthout wbstitution: and (4) sgr~ thst additanal makers, e~dorsers, pwranton w sunti~s may b~carw parti~s herato wiihout notice to them a stfacti~9 tMir lisbility I~~under. 71~ 8snk m~Y at sm/ time in its sol~ discretion tompromise, ~ttle a extend ~he cirrk of paymeot of sny of the demands a obligatio~u, ~ep.esented by any ot the s~curities pldped Aerw~ and sll oi th~ psrtiss liablt for the payment Mreo( hs~eby msks, corxtitute and appoint the Bank, his a their true and lawiul sttwney tor Mis purpost witA full powN and ~utAwity to compromise, flttl! O~ fxtMd psyrtlMt O( fsid dNnB~dt Or ObligstiOnf 8~d t0 iOquirf, satisfy or dis- d+ar~ the s~rtr ot roco.d w othawis~ at tM psrties lisble for the psyment a collection h~reot mpht or could do if personslly present. The Bsnk shsll not be unds~ anll lisbility p Obligat~ to take any steps whatso~ver to (iz any liability upon or to collsct or to e~torce payme~t of sny obligatio~ pl~dgsd as sscurity hKeuRdl~ wh~tMr by giving sn11 notiq. presN~finy, demsnding payme~t, protesti~p, iiutitutirg suit a otherwis~. The Bank shsll nOt by sny sct ot omission or commissiOn be deertkd to waive a~y of its rights o~ remedies hereunder unlest such waiver shall be i~ w?itirg and si~~ad by the Bank snd then only to the extent specifically set fwth the~ein; a waivsr o~ one eve~t shsll not be construsd as continuing w as a bar to or waivt~ of sucA rght o~ remedy on a subsequeet tvent. The liability of e~ch Oblgw shall be sbsolute and unconditional and without reya~d to the liability ot any othe~ parry hereto. Any notite shall be wffitient- IY serv~d ~~on sll Obligors by se.v~~g wch ~otice upon any one Obligor. The notice shall be wfficiently served it placed in the mail. postage P?ePaid, sddreued to, a I~it upon che premisa of any Ob1ga at any sddress showr+ on the 8ank's records. NOTICE: SE'E OTHER SIDE FOR IMPORTANT INFORMATION EACH MAKER ACKNOYYLEDGES RECEIPT OF AN EXECUTED COPY OF THIS NOTE ON THE ABOVE DATE. 1~ 1353 S. Patrick Dr., !4, Sate111te Beach, FL• ~~EAL) ADORE55 SIGNAT E OF MAKER oennla . 6~r~a ISEAL) ~ AOORE55 IG AT RE F ER Patricla J. 8anwrd j ENDORSEMENT In additio~+ to the I~ability as endersen, which the undersigned hereby aswme, for value received and inte~ding to be legalty bound, the undersigned (and ii more than one, each of them jantly and severally) (a) hereby unconditionally guarantee the payme~t ut Me within Note and all extensions w rcnevvals thereof snd sll wms payable unef~. w by vinue che.eof ineluding, without limitation, aIl amounts ot principal and interest and all expenses (including attw~eys' fees, ~ whethar incurred in trial or appNlate proceedinqd incurted in the collection thereof, the e~torcement ot rights thereunder o? with respeCt to any sscurity there- tor and the enfpttnient hereof, and waive presentment, demand, notioe oi dishona, protest, notice of protest and alI othe~ notices whatsoerer; and (b) consent and syrae thst they sre bouod u Obligon under the terms o( and sre wbject to all provisions set forth on che isct of said Note as fully as though they were euh a Msker thereof, and to the exercise by the holder ot esch and every right therei~ set forth w pe~mitt~sd by Isw, all without notioe to or co~sent of and wiMout aftecting the liabitity oi cAe undersigned, and fur[her rnnsent and ag?ee thst a~y ot the undersg~ed may. be wed by the holder hereoi with or without joining ~ any of the other endwse.s or Makers of sa~d Note and without first or contemporaneouzly wirg any weh other per"sons, or otherwise seeking or proceedi~ to cdlect from chem o? any of iham_ - ISEAU • ADDRE55 . SIGNATURE OF GUARANTOR ISEAL) ADORESS SIGNATURE OF GUARANTOR $U~JK i~G: ~:~7~. • t ~ ~ 1 • . i ~ ' a: - - - - - - - - - - t ~ _ . . . - > _ , ~