HomeMy WebLinkAbout0952 tlpon tM occu~nnc~ of ~n wtot o( d~fwh. tM Bu~k m~y in~~itut~ app~oWiaa IpN procNdi~ps ap~imt th~ OWipors ~o obuin judprtwnt on ch~ Noa ~nd/ •
or ~x~roi~ iri tiphtf and r~m~din s~ ~ t~.wr~d p~ty u~dN tM Florid~ Unitam Comm~rtial Cod~ or otlNr applicabl~ I~w. 11 tM B~?k hu d~Nn~d it»II inNCUn
or upa? cM ooeur~N+a ol ~n wMt ot d~fault, tM B~nk d~Nl hav~ tM ripht, imnwdiatNy ~nd without furthK zccion by it, to f~t oif p~irqt thn Nou stl morwy
uw~d by tM Bank in ~ny c~p~city to wch a~d a+?y Oblipor, ~nd alw to Mt otf ap~inst NI oth~r IybilitiM of ~ach tr4kK to tM Ba~?k all moMy orwd bY tM Bank
, n any c~p~eity to ~ach ~~d soy N4kK. and tM B~k thNl W d~emN! to haw ~xNCiMd wch ~qht of »t Mf and to Mv~ m~da ~ chup~ ~paiiat ~nY wcA mornY
~rnm~diat~lY uPa+ dN occurrsna of wch ddwlt w~n Mou9h wch chuq~ i: n~ a~nta~d oe ~M book~ of ~M Bank wbs~qwne ch~nto. Unl~a d~ Co11at-
eral is puishat~l~ o~ thraum to d~clirn spNdily in vNw or is ot ~ typ~ cuuort~ily wld on ~ ncropnu~d ms~k~t, tM 8ani~ w~ll piw th~ MakN rwfon~bl~ ~otiq
ot eM tim~ and plaa of ~nv PubIK aM tM~pt w tM tim~ after whioh anY privau wN a any oMa fnund~d d'apo~ition chK~of is to b~ mad~. TM rpuin-
me~~ of ~~aon~bl~ notia sh~ll be rrNt if wch notia if m~il~d. postap~ Pr~paid. to sny N4ktr at tM sddress piwn b~low or at s~y otl?K ~~a ~hown on tM
records of tM Bank, ~t Nstt 5 daY~ beton tM tim~ of M~ saq a ditposition. Upa~ ditpo~itioe o1 u~y Collat~rN ~tt~r tM oaurnna ot ~ny d~tault, tM
Obliyws sMll b~ ard r~in jointly ~nd ~rally li~bl~ fw any ddiciw+cy. TM 8ank thsll aocount to tM Maka ta ~nY wrP~ut but tM Bank thsll haN th~ riyht
to apply ~11 or any part ot wch wrplus la Aotd M~ s~ as a r~s~.vs sp~~nst1 sny and sl1 otMr Iiabilitits ot ~ach aod ~ny Oblga to tM Bank. Tha Oblipas h~re- ,
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by wsiv~ any ~ghts of r~mption att~r d~fwlt. _
All ptrtNS Ii~W~ fw tM piym~nt and coll~ction M~wt: (t) ~N to psY ~11 ~xp~n~s incurnd o~ paid in tM P~oaction oi Collat~~al a th~ ~nforq~t hK~-
of, wh~t1~M tM 8ank if Oblpated tMr~fw o? not, intludinp ~ttorn~y's fe~s eqwl to 109~oi tM amount in d~fsult ot wth lsr~ ~mount ~s msY b~ nsswWbl~
fer serviea and ~xpinsa ineurnd in tM Mfo?prtN~t ht~sof titMr prior or wbtequMt to judptn~nt and whethK in juditisl proc~edi~s a otM~wis~, ~nd slw
thou cosa. ~xp~nws and rasson~bls attan~y's f~u incu~nd in app~ltate Woce~dinps: 12) waivr pr~antm~nt tcr p~Yrn~nt. d~ms~d, notia of non-paym~nt.
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noc~ce ot protat and protost of this Note: (3) consent to Md waiw notiq oi sny and NI rtrnvwlt or extensio~s of time, wsivtn, or modi/~cation~ that m~y b~
q+anted by tM Ba~ wich r~spect to the paymsnt a other provisions of this Note or to th~ nless~ of any Obli~ w tM Collat~rsl or ~ny pa.t thKeoi, with w '
w~~houe. wbatitution: a~d (4) a~ne that sdditiornl m~kKS, e~dorsHS, gu~snton w wntia msy b~com~ P~rti~s M.~to without notice to Mem~o? dt~cti~q their :
liability IN~eund~?. ' .
Th~ 8ank m~y at sny time in its wle disuetio~ compromise. sattle or extend the time of payment ot eny ol the demanll~ w obli9stioru, npns~nad by any .
ot the s~turiYNS pl~dy~d hereund~r snd all oi th~ parties IiabN for the payment hsreof hereby mske, eonstitute and sppoint the Bank, his a thei~ t~ue and lawtul ;
attorney tor Mis purPos~ with full power and authority to tomp?omise, settk or extend paymsnt of said dem~nds w oWiystans and to soquin, atisfy or dis• +
charge tM same oi ncord or otherwise ss the pa?tNS liable for tM WNm~nt or collection Aereof might or could do if petsonally present. TM Bank shall not be
under any liability a obligation to tsk~ any steps whatso~wr to fix any lisbility upon or to colbct w to e~force psyment ot sny ablgation Pled9ed ~s s~turittl
nereunder wMther by 9~vi~9 any notice, pre~Mtinp, demending payment, protastirg, instituting wit or oth~rwiss.
The 8ank shsll nOt by anY xt oi OmissiOn o? commissior? be deertied to waive eny ot its ~ights or ?emedies hereunder unless suCh wsiver shalt be in writi~
a~d signed by the Bsnk and then only to ths extent ~pscitiallY set torth therei~; a w~iver on one ev~nt shall ~ot be construed ss continuing or as a bsr to a
~iver o~ wCh rqht or remedy on a subseVusnt avfnt.
Th~ ~yp~~ity af sich Qbligor f1~a11 be abwlute and uneonditional and without regard to tha liability of any other party hereto. Any notice shs11 bs wfficient-
iy served ~pon sll Obligws by servin9 wch ~otiee upa+ anlr o~e Obligtx. Ths notice shall be wNicientty sa~vad if placed in the msil, postage Prepsid, addressed
~o, or lett upo~ th~ premises of any Obligw at any address shown on the Ba~k's records.
NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATfON
EACH MAKER ACKNOWLEOGES RECEIPT OF A CONFORMEO COPY OF THIS NOTE ON THE ABOVE DATE.
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3125 t~b~rlain. Bw~aan. Mi. 49LO7 (SEALI ~ ~
AODRESS SIGNA U E MAKER
~iiT~lt A~ ~ 1~
(SEAL)
ADURE55 SIGNATURE OF MAY.ER
ENDORSEMENT
In addition to tM liability ss endorsers, v+fiich the undersigned hereby assume. fo? value received s~d i~tending to be kgally bound, the undersqnsclland if
more than ons, each of them jointly and severallyl (a) hereby untonditionally gua.antee the payment of the within Note and alt exterxions w cenewals thaeof
and all wms payable under or by virtue thereot includi~9, without limitation, all amounu oi principal and interest and all expenses (induding attorneys fees,
j whethe? incurred in trisl or appellate proteedings) inwrred in the collettion thereof, the enfortertfent of riphts thereunder w with respeCt to any security thare-
; t or and the. enioroement hereoi, and waive prese~trt~mt, demand, notics of dishonor, protest, notice of protest and all other notices whstsoever; and (b) consent
f and agrc~ that th~y are bound as Obtigors under the terms of and are wbject to all provisions set fwth on the fact of said Note as futly as thaigh they were esch
, 3 PAaker thsreof, and to the exercise by the holde. oi esch and every right therein set forM or permitted by law, all without notice to or consent of snd wiMout
~ affectinp the lisbility oi the undersigned, and turthe? coinent arxl agrce that any ot the undersigned msy be wed by the holder heroof with or without janirg
'E any af the othe~ endwsen or Makers o( said Note and without fint or contemporaneously wing any wdt other persons, a otherwise seeking or proaeeding to
! coilect from them w any of them.
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~ (SEAU
ADDRESS h SIGNATURE OF GUARANTOR
~ (SEAU
~ ADDRE55 S~GNATURE OF GUARANTOR ~
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