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Home My WebLink About0238 Upon 1he occurrer+ce ol a~ ev~~~ ol dalauh, 1ho Bank may ~nsutWa spWopr~aa ~p~l proc~W~oyt agsmu th~ Obl~go~s ~o obta~n ~uclqrtrnt on tha Noa andl ezerus~ ~ts n9hts and remed~es as e secured par~y und~~ th~ flonda Umtorm Commsrual CocN w oth~r sppl~csb~e law 11 the Bank has de~rt?ec1 useU ~nsecur• o~ upo~ tht occur~tnce ol an tve~t oi dalautt, the Bsnk slull Aave tM ~~9ht, immed~ately and whhout lurtha scuon by ~t, to s~t oli apainst thi~ Not! all money t,.vec1 by th~ 8ank in s~y capsc~ty to exh and any Oblpor, ~nd also to s~t oH sga~nsl all othN liab~liues ot ~ath MekN to 1M Bsnk all moMy owed by tht Bsnk ~r, any wp~city to each and any Msk~r, ~nd th~ Bank shstl W deemed to Aave sxe~used such right of s~t ofl and to Aave made a charge againit any wch money ~mmsdiatety upon ~he occu~renc~ of such d~fault wen thouph such chsrge is nwdo a ente~ed o~ tAe books o1 the Bank subseque~t tANeto. Unless th~ Collat- eral n puishsbl~ w threate~s to dechne sptediry ~n vslue or if of a type customarily sold on s ncopr?ized market, the Bank will9ive ~he Maktr reasonable nouce of ihe tim~ snd plau o( any public saN tMr~of w ths Iims atter which any priva~e saM o? any other intend~d disposition the~eoi is to b~ mad~. The require- n,en~ of nawoabl~ notice shall be rrkt ii such notic~ is ma~led, postage p~epa~d. to sny IM~k~~ a~ the address g~ven below w st any oth~r addreu shown on ihe ~eco~ds o1 th~ Ba~k, at least 5 days belor~ tM tirr» oi tha sal~ or d~sposition. Upon disposi~ion ol any Collatersl atter the occurrence of any delaut~, the Oc,l~gas shsll be and remam jomUy and severally hable ~w any dehuency. The Bank shall sccount ~o the Maker to~ any surplus bu~ the Bank shall have the ri9ht ~o apply all w aoY Part of such swplus (or Aold ths same as a reserve aga~nsd any and all othe? liabil~ues of exh aod any Oblgor to the 8ank. The Obligon he.e- by waiv~ sny riphts of redempuon altar detault. All parli~s liabl~ fw the payment a~d collect~on hereo(: I1) agres to pay all expensss incurrecl or pa~d i~ the protectio~ of Collateral or the e~torcement here• ,~f, whether the Bank is obligated therefw o? not, including attorney's ~ees equal to 10~6of the amount ~n de(ault or wch larger amount as may be reawnable ~u~ urv~tls and explnses ~nturred in the enfortemeot hereot either prior or subsaquMt to judgment aod whether m judicial proteedmgs or otherwise, and alfo cr,~~se costs, exper?ses and reasonable attorr?ey's fees incurred in appNlate p.oceedi~gs: (2) waive presen~ment fa payme~f, demand, notKe ot non-payment, nu~~ce of protest and p?otest o( this Note; (3) consent to a~d waivs notice ol a~y and a11 ~e~ewals o? sxtensions of time, waivers, o~ modifications that may be y~anted by the Bedc w~th respect to the payment or other provisions oi this Note or to the release of any Obligor or the Collateral o~ any part thereof, with or .ti~~hout substitut~on: and (4) agre~ that additional makers, e~dorsers, guara~tors or sureties may become pa~ties hereto without ~otice to them w atfecting their I~ahihty hNeu~der. The 8ank may ai any timc i~ ~ts sole dixretion compromise, setik w extend ihe urt?e ot payment ol any ot the demands or obi~gations, represented by any c,f ~he securities pkdged hereunder and all of the parties liable lor the payment hereof hereby make, constitute and appoint the Bank, his w their true a~d lawtul ,~ccorney for this pwpose wnth full powe~ and authority to comprom~se, settte or extend payment ot said demands o? obligations and to acqu~re, sat~sty or dis- cnarge the same of record or otherwise as the pa~ties liable for the payment or cotlection hereot mght or could do if personally preseni. The Bank shall not be uncte~ any liability o? obligation to taka any steps whatsoever to fix any 11ab~l~ty upon o. to collect or to enforce payme~t c' ~ny obllgat~on pledged as s~cur~ty he~ eunder whether by giving a~y notice, prese~ting, demae+ding payment, protest~ng, ~nstituting wit or otherwise. The Bank shall not by any act ot omiu~on or commissio~ be deemed to waive any ot rts rights or ~emed~es hereunder unleu such waiver shall be in wr~ting ,,-u1 slgned by the Bank and theo only to the extent specifically set torth therein: a wa~ver on one event shall not be construed as conUnwng or as a ba~ to or ,;,,~ver of wch right or remedy o~ a subsequent event. ' ~ Tha I~abilny ot each Obl~gor shall be absolute a~d uncoodiuonal and w~thout regard to the I~ability of any other party he?eto. Any notice shali be wt(icieot- ~y zerved upon all Obl~gors by secv~ng such not~ce upon any one Obhgor. The nohce shall be suN~ue~tly served if placed in the mail, postage preQaid, addressed or left upon the prem~ses ot any Obl~go~ at any addr~s shown on the Bank's records. NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION EACH MAKER ACKNOWLEDGES RECEIPT OF A CONFORMED COPY OF THIS NOTE ON THE ABOVE DATE. 11!'1~l~1h~~ AV~• ISEAL) ADDRE55 SIGNAT RE OF MAKER ~11~ Elcmir~• NY 14~~5 (SEALI ADDRE55 . _ , , SIG TU OF MAKER Masy K. DraMn ' ENDORSEMENT In add~tion to the liability as endo~sers, wh~ch the unders~gned hereby assume, for value received and intend+ng to he legally bound, the undersigned (and if rr<;re chan one, exh of them jointly and severally) (al hereby unconditionally gua*a~tee the payment of the within Note and all extensions or renewals thereof nd alt sums payable urxie. or by virtue thereof including, without hmitation, all amounts of principal and inte?est and all expenses (includi~g attorneys' tees, t:h?ther incurred in trial or appellate proceedings) incurred in the co~lection thereof, the enforcement of ri9hK thereunder p with respect to any security there- and the enfo?cement hereof, and vraive presentment, demand, not~ce of dishono~, protest, notice oi protest and all ather notices whatsoever, aod (b) consent :~d agr~ that they are bound as Oblgors under the terms of and are wbject to all provisions set forth on the tact of said Note as fully as though they were each i ~~.laker thereof, and to the rxerciu by the holder of each and every right there~n set forth or permitted by law, all nnthout notice to or consent of and without ~ a`feccing the liability of the undersigned, and furthe~ corxeM and ag~ee that any o( ;he undersgnect may be wed by the holder he*eof with o~ without joining ~ ,~y of the othe~ endwsers or Makers of sa~d Note a~d w~thout tirst or contemporaneously wing any wch othrr persons, or otherwise seeking or proceeding to ' c~;!tect from them w any of them. i I ~ ~ 9 ~ ISEALI A~DRE55 SIGNATURE OF GVARANTOR ~ ~ _ ISEAU AODRESS S~GNATURE OF GUARANTOR ~ ~ . ~ ~ ~ ti S(: ,'e'i M d ~ 6 ~ • ~ ~ ~i .f'~ s% ~ < < ~~IY!( ~ ~ ~p ~ CE ~•sJC7 ~ ~ , - - - - - ~ ie ~ 3 w ~ ~ ~ ~ ~d ~ = ~ r~«~.," ~ ~ `x ~ - ~ ' ~ . ~ . - `