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Home My WebLink About0358 l)pon tl?~ occu~rMC~ of a~ tvt~t ot d~f~uN, tM 8ank rt?sy institua spp~opr~au IpN procNdinpt painst tM Obllpors to obtun judprMM on tM Nou arKl/ or sxercis~ its riphq and nm~di~s ss a t~cur~d p~tY u~ tM Flaid~ U~iform Comrt»rcial Cod~ a otlw~ spplicab~~ law. If the 8a~k hat dMrt~sd itsNf ins~cur~ o~ upon tM occurr~nc~ ot sn w~nt of d~bult, tM Bank shall hsw tM ri9ht, immWNt~IY and without furtA~r ~Ct~on by it, to at ofl aysinst this Noa all mon~y owed by tM 8ank in a~y cspacity to ~ad~ snd ~nY Obtqo~, ~nd also to f~t otf apsinst ~II otAK liabilici~s of esch MakN to ~M Bank ~II moMy ow~d by tM Bsnk ~n any cap~city to s~ch and any MakN, ~nd tM Bu~k thsll b~ d~em~d to haw ~xacis~d wch riqht of pt oft snd to hsvs rnad~ ~ chsrps spsinst sny wch moMy ~mm~diatNy upon thi oocurrena ot wch dtfwlt ~wn Mouqh wch cha~y~ is ma~N a K?t~nd an cM books of ths Ba~k wb~eqwnt ther~[o. Unlas tM Collat- erai is pKishsDN a thrwtKa [o datirw sM~dily in valu~ or is of s typs customMily sold on s noopniz~d msrk~t, tM Bsnk will qiw tM Mak~. rqwnabl~ notiw of tM tirm snd plat~ oi any puWit ssN thKwf o~ tM timt ~itN which sny privst~ s~l~ a~ny otMr int~nti~d dispatition thKwf h to b~ rt~. TM rpuire- ment of r~nonabh notiq sh~ll b~ m~t if wd~ ~otiq is mait~d, posaqe Prepaid. to sny Malur at tM addrsss yiwn below or at any othtr sddr~a sAown on tM records Of tM 8snk, at least S dsys b~fon th~ tim~ ot th~ sal~ w disposition. Upon ditposition of sny Collat~ral sftK tM otturr~np of eny dofsult, tfN Obligo.s shall be snd ~emain ioi~tly snd s~verslly liabb fw s~y deficisncy. The 8ank shall account to ths AAakK fw any wrplus but tM Bank il+sll haw the rqht co apply aN w a~y part oi such wrplus (a hold the ssme ss a r~serve syainst) any and all otl»r liabilities oi each arxl s~y Oblga to tM Bsnk, TM Obliyors here• by v~iv~ any riphtt ot redemption sttN d~(wlt. All psrties Ii~We Iw tM psymsnt and colNction Mreoi: (1) agree to pay all exp~nset incurrad a paid in th~ proteCtion oi Collatersl or tM entor~nt he~a of, wh~ther tM 8snk is obligated therator or ~ot, intludinp attorney's teet eqwl to 10~Xiot the amount in detault a wch larg~r ~mount ss may bs reason~Ws fo~ serwces a~d ~xpens~s incurred i~ tM enforcemsnt her~ot ~ithe~ p?ior a wbsequent to judymt~t snd whsther in judicisi proceedinps a othtrwi~e, and Nso chose cotts, expenses snd nasonsWe atto~ney's f~ incurred in appellate prot~edings: (2) wsive presentmant for p~yment, damand, notiee ol non-paYmsnt, ~o~ice o( protast s~d protest of this Note; (3) consent to and wsiv~ notice of eny and all renewsls w~xtensions of tim~, wsiven, or moditicstions that msy bs 9ranted by tAe Bs~c with ?espect to the payment o~ other provisions of this Note or to the roleass oi sny OWigor or tM Collateral or sny part thereol, with or w~thout substitutio~: snd (41 agree ihst additional m~kers, endorsers, §usrsntors w sureti~s m~y become Partia hereto without notict to tRem a attectir?g their tiahility htreunder. The Bank maY st any time in in sole discretion compromise, settle or extend the time of payment ot pny of the demands or obliyations, rep?essntM by any ot the securitias pledgsd hereunder and sll oi the ps~ties Jiable for tha payment hereof hereby make, co~stitute and appoint the Bank, his w their true snd Iswiul ~~torney (or this purpose with tuli powe~ and authority to compromiss, settle or extend payment of ssid demands or obligations and to scquin, sstisty or dis- charqe the same ol record or othe.wise as the parties lisble ta tAe psyment a coltection hereoi might or could do~it personalty present. The Bank ahall not be under any liability o? obligauon to take sny steps whatsoaver to tix any liability upon or to collect or to eniwce payment of any obligation pledged as security . hereunder whether by g+ving any notice, p~ese~tinp, demanding payment, protestirg, i~stitutirg wi1 or othetwise. The 8ank shall not by any xt of omiuion or commiu~on be deemed to waive any oi its rghts or remed~es hereunder unless suth waiver shall be in writinp and sig~ed by the Bank and the~ only to the extent spetitically set torth iherein; a waiver on one event shall not be construed s~continuing or as a bar to or wa~ver of wch rigAt w remedy on a wbseque~t event. The liability oR each Obliqo~ sAall ba absotute a~d uncorxfitional and without regard to the tiability of any other party herato. Any notice shall be wfficient- ~v served upon all Obligws by serving such notice upon a~y one Obligor. The not~ce shall be witicienUy served it placed i~ the mail. postage prepaid, addressed ~o, or Ie(t upon the premaes ot any Obliga at a~y address shown on the Bank's records. NOTICE: SEE OTHER SIpE FOR IMPORTANT INFORMATION EACH MAKER ACKNOWLEUGES RECEIPT OF A CONFORME~ COPY OF THtS NOTE ON THE ABOVE DATE. I ~ ~ ' i , r ~t, ~.3 HQl ~lV ~tit ~L. ~ (SEAL) ~ , I AODRESS SIGNATURE OF MAKER - - Jolr? ~rtct.cn ~~~~C~~._3~'t (SEAL) A~~RE55 SIGNATURE OF MAKER - ENDORSEMENT In addition to the liability as endo.sers, which the u~dersigned hereby assume, 1or vatue received and intending to be legally bound, the undersigned land if mo~e than one, each of them jointly ar?d severally) (a) hereby unconditionally guarantee the payment o~ the within Note and a11 extensions or re~ewals thereof and all sums payaWe under or by virtue the~eof intluding, without lim~tatio~, all arnounts oi principal and interest and all expenses (including attotneys fees, ~ .vhether inturred in trial o? appellate proteedi~gs) inCUrred i~ the tollection thereof, the e~forcernent of rights thereunder o~ with respect to any security there- ~o~ and the e~iwceme~t he~eof, and wa~ve presentment, demand, notice oi dishonor, protest, notice of protest and all other notices whatsoeve~: and (b) consent ~ and agree that they are bound as Obligors under the te~rta of and are wbject to all provisio~s set forth on the fact of said Note as fully as though they were esch ~ a Maker thereof, and to the exerc~se by the holder of esch and every right therem set torth w permitted by law, all without notice to or rnnse~t of a~d without af fecting the liability ot the undersigned, and further coraent and agree that any of the undersigned may be wed by the holder haeo( with or without joinin9 any of the other endorsers w Makers ot said Note and without first or contemporaneously wirg any wch other pertor?s, or otherwise seeking or proceeding to ~ cc~~ect irom them or any of them. ~ ISEAU ADDRE55 SIGNATURE OF GUARANTOR (SEIlL) ADDRESS SIGNATURE UF GUARANTOR ~ 4 ~ ~ ~ - ~ • j ~ ~ ~ ~ ~ ~g e{i ~F "2 " O ~ ^o ~Jc ~ • - 1 ~ ~ ; ~ t j ~{~y . 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