HomeMy WebLinkAbout0199 • ..o.o...., ...a~ .~..a....w o~.~, vy.~na ~ey~~ p~vcs~a~nya ~uw~ ~n~ vuayws ?v vu~e~n juuyrnsn~ pn zne rvuw ~nai
eRerc~se iti n9hts and remed~es ss a ucured party unclu th~ florida Un~torm Commerc~~l Code a otMr sppl~uble isw. If the Bank Aai dNmed ittelf iniecw~
upo~ ~h~ occurr~~xy oi a~ eve~t o~ def~ult, th~ Bank shall have ihs ripht, ~mmecli~tely and without lurthp ~ction by ~t, to qt o1~ aq~irut thit Note sll monty
,„vrd by tht 8~nk in any ppscity to tach ~nd sny Obligor, snd also to at oll spainst sU o~h~r liabiliti~s o1 ~sch Mak~r to tAs Bank sll muMy ow~d by the B~nk .
any tap~tity lo eath snd sny Maka, snd th~ Bank th~ll b~ dsemed to have cxerc~ssd such ripht of ~st ofl ~nd to hsve mad~ s charp~ sgsinst any sucA mon~y
~~~~n,ediately upon tM occur~ence ot such delault tven thouph such chsrg~ ii msde or ent~red Cg tl~~oks ot th~ Bs~k subsequent thento, lJnlsst tM Collsb -
r.~i ~s perishsble w threatens to deCline speedily in value or if ol a typs tustomarily spld on ~ rernpni:ed m~rket, the Bank will yive tAe Maker r~asonabl~ not~ct
ot ihe time sod place of ~~y public ssl~ thereot a th~ time alter whicA ~ny private s~l~ or ~ny otMr intended dispositio~ thereot is ~o b~ madt. Ths requira
~.~Fr,~ ol reasonable notice shall b~ rMt it tuch notic~ is mailed,~postaye pr~paid, to any Maka a the Wdreu given below a st any otMr sddresi ~hown on th~ .
~c•cords ot the Bsnk,~st lesst 6 dsy befor~ tM tirri~ ot th~ sst~~o. disposition. -tlppn disposition~of ~ny Coll~~eral alte~ the nccurre~ of sny d~t~ult, sbt <
Ot~i~gors shatl be and.remsin joi~tly and s~v~rslly li~bl~ Jor sny d~ficienctr; ,Th~ 8~~k shsll sctount to tM Mskt~ for ~ny surplus but the Bsnk tl~sl~ hsve the right '
io apply sll a~any ps~t oi :uch su~plus loi,hold the ssme as s resenre.egainst) any ~and all other liabili~ies of~each and sny Obligoi to th~ Bsnk,til~e Obtigor:~here• -
c,y ~va~ve any ~i9hts oi redemption after detault, ~ ' ~ • ' ' - . - ' - ~ ! t - - ~ -
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All par~ies IiaWe for the paymeet snd cotlection Fieieof:~(1~'a9rae to p~y ill expenses incuired or paid in ths p?otectiori oi Collaterel or the enforcernent here- '
o!, whethe. the Bank is obligated therefor w not, includiny sttorney'~~tees equal to 10%of the smount~in default w such I~rye~ amount as may be reasonaWe
+~r serv~ces and expenses i~wrred in the enforcement he~eof either priw or wbsequaot to jud9rnent and whether in judicat proceedingc or• oth~rwise, snd slso
th~se costs, ezpenses s1~d .easonable attorney's tee~ incurreil.ln appelbte proceedi~ps: (2) ~Arsive presentmtM 10? payrr~nt. dems~d. notice of non•paYment.
•~~c~ce ot protest and protest ot this Note;•13) conse~t to a~d waive notice oi sny and a0 renewals a."extensions oi time; waivers, oi modificatio~s that may be-
~;~anied by tM Badc with respect to ths payment w other provisions ot this Note nr to the release ol sny Obligor o~ tbe Collatersl oi~any par~ thereof, with a ~
„~chout substituiion; and (d) agree that additionsl make?s, endorsers, guaranton oi sureties msy become psrties hereto witbout notiCe to Mem w allecting thair •
I~at~dlty hereunOr.r. , . ' _ . _ , . ' - ' - _ - _ - ~ ~ -
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The Bank msy ~t any time in its sole diuretion compromise, settk or extend the time of payrr~nt of sny oi the.demandt a obligations, represented by any ~ •
os che securitia pledged hereunder and all ot the parties liable for the payment hereot Aereby mske, cor?stitute and sppoint the Bank, his a their true and lawful
acco~ney for this purpose with, full power snd suthority to compromise, xnle or extend payment oi said demands or obligations and to scquire, satisfy oa dis- _
~na~ge ihe same ot record oi otherwiie ss the pa?ties liable (or the payment or collection hereot mght or could do it personatly present. The Bank shall not_be _
under any liability a obli9ation to "take sny step; whatsoever to tix any liability upon o~ to colkct or to enioae payment of any obligation pledqed as secu~ity
he~eunder wAether by giving sny notice. prese~ting, demsnding Psyment. P?otestirg, instituting wit w otAerwise. . - ' - -
7ne Bank shslt ~ot by any sct of omission or Commission'be dePmed to waive arfy of its rights a remedies Aereunder unless such wsiver'shal) be in writirg
an~ s~gned by the Bank and then only to the extent specifically set fwfh th~rein; a waiver,on one event shall not be construed ai contirwir?p o? ~s a bar to o.
v;,,~ver of such right or ~emedy on a subsepuent event; - - - . : - - - - - _ -
. ' --i~~~~_~+;~~-_ ~t~._~t.• _~~i~~ " ' • : ~ : ~
The liability oi exh Obligor shall be absolute and.uriconditional and without regard to Me liability ot any other party hereio. Any notioe shall be sufticient-'_ ,
i y served upon all Obligors by serving such natice upon any one Obfigor: The~not~ce shall be sutficieriily served if placed in the msil, postaye_prepsid, addressed
co, or teft upon the premises oi any Obligw at any address shown on the 8ank's records. '
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- NOTICE: SEE OTHE~i SIDE.FOR IMPORTANT.INFORMATION;`,~_~~,•.~:_:r ' -
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EACH MAKER ACKNOWLEDGES RECEIPT OF A CONFORMED COPY OF THIS NOTE ON.THE ABOVE DATE.' - _
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O.R.A. Rt. ~2f `t - i,. - - - 1SEAU• - ~ - _ ;
, ~ .ADDRE55 _ ,i _ . SIGNATURE~F _ KER- _
- ' ~ Y.~ ' _ - - 1 e' : Fales _
Jensen- Beach; ~FL J"33457 - ~ _ .'s~' _ . , _ _ - ,
(SEALI ~
• ADORESS - . - ~ . . - SIGNATU OF MAK R - - ,
~ - - ~ = " - ' _ . _ _ " ~ Shannon~E. •Fa1ES :s. -
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_ ' ' i _ - . ~ ENQORSEMENT _ _ . . _ _ t- - - ! _ -
I ~ add~tion to the I~ability as endorurs, whith the undersigned hereby aswme, fo? value received a~d intending to.be legally bound, the undersigned (and if .
m;-v ;han one, each of them jo~ntly and severally~ (a) hereby uncw~ditionalty guaranterthe payment of the within Note snd all extensions br renewals thereof
s~:: a1I sums payable undet or bv ~~?tue thereoi ioCtuding, without limitatiql, atl amounts_oi. p?inCipal and incerest and all expenses {;neluding attorneys' fees,
~ ~•.necne~ incur?ed in trial w appellate proceedings) irx~iri'etf in the eollectiori thereot; the eniorcement of riphts tlie~eunder o: with respect to any security thero-
I 'cr and the enforcement hereof, and waive presentment, dlmand, notice M disho~p, protest, notioe ot.protest sod all other notices whatscever; and {b1 mnsent
~ a~:; ag~ee that they are bound as Oblgors under the terms of and a.e subject [oaU provisio~s set iwth on the fact oi.said Note as futly as ihough they were each
t '.'ca ker ihereoi, and to the exerciu by the holder oi exh and eve?y ~ight therein set forth or permitted by law, all without notice to w consent ot and without
~ "ec ing the liability of the undersigned, and (urthe~ cornent and agree thet any of the undersgned may be cued by the holde? hereof with or witbout join~ng
~ . , ct the other endorsers or Makers of said Note and without (irst o~ contemporaneously wirg any wch other persons, or otAerwise seeking o~ proceeding to
~ _ ~ =c~ from them or any of them. ~ • - - _ . - . - _ . _ _ - - _
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- - (SEAU
. AODRESS - ' _ : _ . _ _ SIGNATVRE AF GUARANTOR
' _ • - . . . ~~:---i.. ~pr " _
- - . ~ - - (SEAU-. . . . . - . _ -
- ADORE55 . - - • - 51(3NATURE OF GVARANT~R
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