HomeMy WebLinkAbout0633 U~on tM occurrt~tt ot ~n ~wnt o1 d~fwlt, tM Bank m~Y inslitut~ appropriat~ 1~1 procMdiny~ p~inst 1h~ OWpwi ~o obuin judpnrnt on tM Not~ and/
or ~x~rci~ it~ riphq snd rwrndia ~t ~ Ncur«f party undK th~ Flwid~ ll~iform Com~rwrcial Cod~ or otMr applicabl~ Nw. If tM Bank hss d«nwd it~ll in~cu(~
or upo~ tM oCCw?~nq of ~n w~nt ot d~tault, tM B~nk sAa11 Mw th~ rpht, imrtwdi~tNy M~d wiMout furtM~ sctior? by it, to Mt oft p~intt thit Noti NI mon~y
ovwd by tM 8ae~k In ~ny cq~city to ~ad~ ~nd arW Oblipa, and also to at otf ~inst all oMM liabilitia af ~ach MskM to tM Bank all mon~y ow~d by tM 8ank
~n sm cptcity to ~ach ~nd ~nY M~ka. ~nd lM 8ank fMll b~ d~m~d to haw ~x~rciad wcA ?ipAt of t~t oH ind to h~v~ m~d~ a d+srqt ep'irat any wch moMy
~mm~di~tNy u~wn tM oocur~tnc~ of wd~ dN~ult ~wn thou¢~ wch chary~ n rt~ad~ or ~nt~nd on ttN bookt of tM Bsnk wbspwnt thanto. Ual~p ch~ Collat•
eral is pKithabl~ or MrNtt~t to d~tlin~ ~~dily io wlw or is oi ~ typ~ customKily iold on a hoopnii~d rtwk~t, tM Bu~k vrill yiw tM MekK nssw?~blt notiq
of ~M tir~ ~nd p4a of ~ny public s~M H~~ol a th~ tim~ a1~K which ~ny priv~a sW w~I othK ina~?d~d di~po~ition [I+Nwt is to bi m~d~. Th~ ~~quin-
msnt of rwsawbN notia shsll bt m~t if such notic~ b mail~d. postsp~ pnpsid, co sny N41c~~ at tM ~ddr~a yiw~+ bNow a st sny otha add?~s ~hown on tM
record~ of tM B~nk, at Iqst 5 d~ys bNon tM tim~ of th~ ssl~ a disposition. llpon disposicbn of any Collaarsl attK tM oaurr~ of ~ny d~fault, tM_
oe,;~,n ,n.u a,~,d fo;~,t~y a„a ~nlly IiabN for ~nY d~lici~ocY. TM Bank shsll account to tM MskK fo~ ~ny wrplus buc tM Bsnk d?all haw tM riyht
to spply dl o? ~r~y psrt of wch wrplut (or hold 1M ss~rN at a res~w psinst) any a~d all othN liabiliti~s of ~sch snd sny Obligqr to tM Bu?k. TiN Oblipas h~n-
by wsiw ~ny riphq ol ntNmptio~ dtK dtt~ult. ~
All pWli~s lisbl~ fw tIN Wym~nt s~d coll~ttion Mrpf: (1) ~N to psy a11 ~xp~nsp incuthd w paid in tM p~ot~ttion of Collabrsl or tM ~nforq~rnnt hK~-
ot, wMtM? tM Bsnk is oblipaud tMnfa o? noc, inctudirg actaney': t~es pwl to 10%of tM ~mount in d~tsult or wd~ Is~~ anwuet ss may b~ nuonabb
tor suvices ind ~xp~nas incurred in tM ~oforpment h~nof ~ith~? priw a wbspuMt to judym~nt ~nd wlwtl?N in judicial txocNdin~c o~ othKwis~, and aIw
thos~ costs, and rsasorwWt attorMy i tMS incurnd in spp~ll~tt P~a~inys: vwiv~ praMtmtet tor payrmot, d~mand, notia oi ~a?-p~yment.
notice of prot~tt and protest o( this Not~; (3) conssnt to and.waiv~ notiw of ~ny snd ~II r~nwwit or ~xt~nsions ol tim~, waivrrs, or modifiptions th~t miy bs
g~ant~d by tM Bsric with ntp~ct to tM paym~nt or other provisions of this Note or to the rN~aa of sny Obliyor w tM Collateral or any psrt thenof, with o?
without wbatitutioo: ~nd !4) a~N thst additional nvken, endo~s~rs, ~uxanton w wntip msy b~coms pa?ti~s hK~to without notice to them a aft~ctiny tMir
iiability I~u~untlN. '
Th~ B~nk m~y at eny time ie its sole discretion compromis~. settk a extend th~ cims ot p~ym~nt of any ot tM dsmsrbs a obliystions, r~es~ntod by soy
of the s~turiti~s plld~d Aereund~. and all.of th~ pa?ties liable for che paymsnt he~soi Mreby mak~, torotitun snd appoint th~ 88nk, his o. their trus snd Iawtul
a~eo.n~y for thi~ purpoa with full powe• and wtlwrity to compromiss. settk or extend psyrtw~t of ssid d«nsnds w oblipstions and to scquin, sstisty a d'a-
chargs tM sams of nco~d o? otAarwis~ as th~ parties lisbk tor the paYment a collection Mreo( mipht or couW do if pa.sonaliy jxes~nt. TM Bank shNl not b~
under sriy lisbility w obligation [o ake s~y st~ps whatsosver to fix any liability upon or to collect o~ to entace psyme~t of any oblyption pNdp~d ss s~curity
hereur~r whetha by yiviny anY notip, pressnti~g, dem~ndi~g psyment, prot~sting, irotituting wit or otherwia.
The Bank s~sll not by any act of omission w tomrnission be daemsd to waive any of its rights or remedies hereundar uoless sutn ?vsiv~r shsll b~ in writinp
and sipnad by the Bsnk and tl~en only to the extent specifically s~t twtTi the~ein; a waiver on one went shall ~ot be tonstrued a continuinp or ss s bsr to w'
vra~ve? ot wch ripht w cems~fY on a wbsequenc sve+?t.
TM liability of qch ObliQor si~all be absotute and unoonditional snd without regsrd to the lisbility of ~ny other party hereto. My notip shall b~ wfficiMt-
Iv served u~on all Obligors by s~ving wch notice upon sny one Ob1iyM. The notice shell be wificiently servad ii placed in the mail. postsg~ prepaid, sddretted
io, or left upon the prem~ses of any Obligo? at any address shown on the Bank's records. •
NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMAT~ON ~
EACH MAKER ACKNOMVLE~GES RECEIPT OF AN EXECUTEO COPY OF THIS NOTE ON THE ABOVE DATE.
1745 D1ana B1~?d., Merritt Island, F1. 32952 ,
~ (SEAU
AODRE55 ~ 1 RE F M R
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ADORE55 U AKER .
~ ~ Marp • Bogovi
ENDORSEMENT
In addition to the liability as endorsets, which the w~dersigned hereby aswme, fw value reoeivsd and intendinp to be legally bound, the undersignsd (and if ?
more than one, eech of tAem jointly and severalty) (a) hereby unconditanally guarantee the payment of tMe within Note and all ezte~ions or mnewals thereof
and all wrtK payabls under w bY virtue thereQf ineluding, vrithout limitetion, all amaints of printipal and interest and all szpensfs (including attwnryt' fees, {
whether inwrred in tri~ or appeliate proc~edings? incurred in the collection thersof, the enforame~t of riphts thereunder or with respxt to ary/ setu~ity there-
tor a~d the enfo?cement hereof, and waiva presentment, d~n?srKi, notics of disbono?, protest, notioe oiprotest and sll other notioes whatsower; and (b) consent `
and agrae that they are bound ss Obligon under the terms of and are wbject to all provisioos s~t forth on the fsct of said Note as fully ss thouyh they were eaeh `
a Maker tl~ertof, and to the ezercise by the holder of eseh and every right therein set forth or permitttd by law, all without notioe to or consent of e~d without .
~ atfecting the liability of the undarsigned, and turthe~ consent and agree that any of the undersignad may be wed by the I~older hereof with or without joining
; any of the other endorsen or Makers of said Note and without first or contemporaneously wing any wch other peno~s, or otherwise seeking w proceeding to
~ col lect from them a any of them. '
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ADDRE55 . SIGNATURE OF GUARANTOR
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ADDRE55 SICaNATURE OF GUARANTOR ~ ~
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