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Home My WebLink About0998 lJpw~ ~M oaur~a+c~ 01 a~ we~t of d~fault. th~ 8ank m+Y ins~l~ua spproprian Np~l proce~dinp~ apai~st ch~ Ob~~qo~s ~o obuin judprtN~~ on ~M Noce and/ or •z~rcis~ itt riphq ~nd nrtNdNS st ~ f~cur~d partY u~~ tM Flo~ida Unitotm Comm~rciaf Cod~ or othN appliublt Isw. If tM Ba~k hss dNrtNd itstlf ir?~ltu~~ or uppn th~ pCC1i«fnt~ Ot sn wOni Of d~fwlt, tIN 8ank shall Mvt lM ~qht, irrnrndiatNy and witAout fu~tMr ~ctiw~ by it, ~o at off a~imt this Not~ ~II mon~y orwd by tM Bank in anY c~picity to tach a~d any Ob~ipa. ~nd a~so ~o s~t o1f ap~i~ut sll oMw liabiliti~s of Nch MakK to tM Bank all mon~y owed by tM $ank ~n sny csp~city to ach u~d any MakK. a~d tM 8ank tMtl b~ dNm~d to haw ~xKCiwd wch ~ipht of wt ofi snd to h~w msd~ ~ chsrp~ a~irqt u~y wc~ mor?~Y ~mm~distNy upoo cM oocu~r~eq of wch d~wl~ Mn cl~oupb wch charp~ is nycf~ w~nared on tM books of iM Bank wbs~queni tt?en~o. Unlas ~ht Collu- rrai is pKistwbN a thn~c~s to d~clin~ ~~dily in valw a a of ~ typ~ custom~rity sold on a rKOqnu~d m~rk~t, tM Bank will piw tM AAakK rwwn~bl~ eotiw of th~ titrn and plao~ ot public stN tMr~ot o~ tM tirt» dtN whid~ ~ny privab tN~ or ~ny othN int~t~c1 d'upotitbn tlN~wt K to b~ n?ad~. TM rpuin- menl of rNSO~~abb notiot sh~ll b~ m~t if weh notia it m~il~d. postap~ p~~psid. to any Ma1cK at ch~ sddr~p yiv~n below or at any othK sddrta sl+own on tM racwds of tM 8ank, ~t I~ut S d~Ys b~(oh [M tim~ ol tM w1a a dhpositan. llpon diipwitia~ of any Collat~ral sita tM oaurr~no~ ot any d~fsult, th~ ppl;po~s sMll b~ and r~;n jointly snd s~vrrally IiabN for any d~fic»ncy. TM 8ank iMll account to tM IN~kK fo? u?y wrplus but tM 8snk shall haw tM ~iqht to apply NI or anll pK~ of wch w~p1w (a hold th~ s~ a a r~rw apainsc) any snd all oMa li~biliti~s oi ~~ch and ~++y Oblpa [o ~M Bank. Th~ Oblpwi btn- by nwiw ~ny riphtt of r~mption aftK dtfault. All puti~s liatil~ fw tM p~ym~nt ~nd tolllction Mnoi: (l) spra~ to pay NI ~zqns~s iecurnd oi p~1d in th~ protection o1 Collata~l w tM ~ntotte~nent hert- ot, wh~th~r tM B~+k is oblpat~d tMntor a not, inch~dinp sttarny's f~es aqwl to 10%of tM smount i~ d~isult or wcA Isr~r smount ~s m~y b~ ~essonable f or se~vicw and ~xp~ns~s incurr~d in tM ~nfwc~rt~nt 1+KSOf ~itf~ prior or wbspw~t co judprrNnt +nd wMthM io judicial procwdinpc or othuwi~, and ~I~o those costs, ~xpsns~t snd nstotuW~ sttan~y's i~ incutrod in appNlaa procs~dinp~: (2) vwiw praN?tmMt tor paym~nt, dsmtnd. notios of non-psYm~nt. notip of proust snd protat of this Not~; (3) conssnt to snd waiv~ notic! of any and all r~nerwlt or ~xtKUions of time, wsiv~?s, a modifications that msy be 4rant~d by iM Baiic with nsp~ct to the psyment or othe? provisian of this Not~ or to the rtNss~ 01 any Obliyor or tM Collatersl or a~y part theraof, with a w~thout wbstitutio~; and l4) spra~ tMt additanal m~ken, endorsers, pusrsntors o? wnti~s may b~com~ p~rtia hK~to without ~otice to them or a((actirq tMir Iiability AMluf~dN. . TTN Bsnk may st sny time in in solt discretion compromite, senk a extend tM cime of paym~nt of sny of the demsndt a obli9stio~s, rep~esented by sny oi the securitia pl~dg~d Mreunder snd sll of the psrties liable tor the paymsnt hereof henby mske, constitute and sppoint the Bank, his o? tAair true and Iswtul attwney ior Mis pu~ with tull powsr snd autAwity to compromiss, settM or excend payment of ssid demsnds a obligations and to aoquire, s~tisfy w dis- charge ths tsrr~e of reCOtd w othNwise ss tM partNS liabls io? the pal/me~?t or tollsCtion htreoi mght or tould do if panonally present. TM Bs~k shsll not be unde~ any IisbiliH or oblipstion to tak~ eny steps whatsotvar to fiz any liability upon or to Co11eCt w to e~to?te paymant of sny obligstion plad9sd as saCUrity hereunde~ wheMar by 9iviny anY ~otic~. presentirq, dem~ndirg psyment, protsstirg, iratitutirg wit w otherwise. The Bank sAsll not by sny sct of omission or tommission be deemsd to vwive any ot its rights or remedias hereurxier unlest sucA wsiver shsll b~ in writing and siynacf by the Bsnk s~d tht~ only to the exts~t ipsci(ically set (orth the~ein: s vwivK on one event shall not be construed as tontinuinp or as a bsr to or waiver ot wch ri¢~t or remsdY on s wbsequent evn?t. . The liability of ~sch Obliga shall be sbsolute a~d unconditionsl a~d wichout regard to tM liability of sny othe? party hereto. Any notios shall be wificient- iv served upoo d1 Obligws M? servi~9 wch notioe upa~ ~nY one Obiigor. TM ootice sha11 be wtticiantly served it plsced io the mail. Postsqe Prepsid, addressad co, w le~t upon the premises of any Ob~igo? at amr address shown o~ the Bank's records. NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION - EACH MAKER ACKNOWIEDGES RECEIPT OF AN EXECUTED COPY OF THIS NOTE ON THE ABOVE DATE. ~ . - s1a capo, llint. Miaelsan iasos ' `l ' ISEAL) AODRE55 ~ ~ E SO10 9toa~y qca~lc~ lI.W., Co~atoct park, M! 49321 (SEAL) ,•~l~~A-~ ~ ADORE55 - C~~~ L~ ~~F~E OF MAKER ENDORSEMENT !n addition to the liability as endorsers. whiM the undersigned hereby aswrne, fw value reoeived snd i~tending to be legally bound. the undenigned (a~d if rnore than ons, each of them jointly and severally) (s) he~ebY unconditionslly giwantee the payment of the within Note snd all exte~nions o? mnewals tharwf and all wms payable under w by virtue thereof includirg, without limitstion, all art~ouna of principal a~d i~terest and aIl expe~es (including attorneys' fees, whether incurred in trisl or appellate proceedings) i~curred in the cDlkCtion thereof, the enforcement of rights thereunde~ o? with respect to any security thare- for and the enforcament hereof, and waive presentment, dert~sod, notioe of dishonor, protest, notice of protest and all other notica whauoeve~: and (b) consent and agree thet they sm bou~d as OblN~on under ths terms of and are wbject [o all provisions set forth on the fact oi said Note as tully as Mough tAey were esch a Maker thereot, and to the exercise bY the holder of esch and every right therein set forth or permitted by law, all without notice to or consent of a~d without ~i afiectirg the liability of the undenigned, and furtha consent and agrae that any of the u~dersig~ed may be wed bY the holder hereof with or without joining any of the other erdorse.s or Make~s oi said Note and without firs~ or conterr~waneousty wing any wch other persons, or othe?wise sseking o? prooseding to cullect frpm them or any oi them. ~ i (SEAL) ~ ADDRESS SIGNATURE OF GUARANTOR (SEALI ADDRESS SIGNATUR~ OF GUARANTOR ~ ~ ~ ~ ti ~ ~ - ~ ~ 4 ~ ~ ~ ~ naf~L ~ ~ r rt~r~ ~ a ~ . ~ • . • "y,ys,~. Y, _ " ' "_'._...s..,~.~_...-__... ~ ~_._.,-~~-r..~:_"' ' r~" "~S ~`r4`: ,^~.y~'~'~.,i ~ _ ~ yr'q Mr ' 'Y-::Yi~... ~ _ r ~~'SA.^_ .