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Home My WebLink About0960 U~wn cM occwrMn ot an w~nt ol d~fault. th~ Bank m~y irqtituq appropriaa Ip~l procNdinp~ ap~i~t tl?~ Oblipor~ to obt~in judprtwnt on tM Nou and/ or ~xKCi» iq rphq and nm~diN p a wcur~d party undN tM Florid~ lMitwm Comrnucwl Cod~ or othK appliubl~ law. N th~ Bank hss dMrt+~d iuNf irq~cun or ~Mon iM oocw~~~q o1 ~n wrnt ot d~f~ult, tM 8ank Mall 1?~w tM ripht, imrtNdiatNy ~d without furtAN ~ction by it, to Nt o1f ~iiat th?t Not~ all rtwtMy ow~d by cM Bank i~ ~ny cap~city to ~sd? u~d any Oblqw, ax1 Nw ~o at of/ p~iiut all othK li~billti~ ol Nch M~kK to tM 8ank all maNy ow~d byl tM 6a+k in any cp~city to s~d~ ~nd any M+ku. snd tlw B~nk ~hall b~ dNm~d to hsw ~xKCiwd wd? riqAt of at oif ~nd to h~v~ mad~ ~ cMrp~ spiiiat ~ny wcA morNy ~mm~diatN~ upon tM oocu~r~~p of weh d~fwlt wM ~hou~h wch cA~rq~ is n~ a ~nc~nd on tM books of tM 8ank wbspv~nt tMnto. Un1~ tM Collat- e?al is p~riihaW~ or MrNtMf to d~tlin~ tpqdily in wlw or is of s typ~ tu:[omKity told on ~ r~opnii~d m~rk~t. tM 8ank will piw tM IN~kK rwwn~bN no[ia af tM tim~ and plac~ of atry public ssN thKwi w tM tirro aitK which ~nY privat~ tM~ w nW od~ iot~nd~d ditpwitio~ thK~of q to b~ natN. TIM rpuir~- rtvnt o( ~N~a~~Wt notip shall b~ m~t if weh notip it rn~il~d. posUyt Prpaid. to any IY4k~r at tM ~ddrtp piv~n b~low or ~t ~ny otMr sddr~ shown on tM record~ of tM Bank, ~t Ns~t 6 days bNon tM tim~ of tM wl~ or disposition. Upon di~position of ~~y Collataal attK th~ occurnnc~ of any d~fault, tM Oblipas sMll b~ ~nd r~m~in jointly ad saw?~Ily IiaW~ fa any d~fici~ncy. TM Ba~k sl?all ~ocoum to tM Msk~r fo? ~ny wrplus but tM B~nk ~hall Aaw th~ ryht co apply ~11 a ~ny pwt of wc1+ wrplus ta hold tM sa~+e ~s ~ r~rw spsin:U any snd sll oth~r I+abili~ia of ~ach ~od s~y Ob~qw to cM Bank, TM Oblgors he« by vwiw s~w rgha of r~mption.ftK d~fault. All putia li~bl~ for tht p~YmMt u~d toll~clion Mnot: (1) ~pne to {uy all txp~n~s incurnd w psid in th~ prot~ction of Co1lat~rN or th~ ~nforest~~tnl h~r~- ot, y~thK tM B~nk is oblip~tad thKefo? or ~ot, includinp ~ttan~y i f~t pw! to l0~oi tM amount in d~tault or wch lar~r ~mount ss m~y bs nssonable tor s~rvic~s and ~xp~roa incu~nd in tM ~nforqrt~t~t hKwf ~ith~r p?ior a wbsque~t to judymsnt ~nd whether in judicial proc~sdinys or otMrwis~, snd also those costs, ~xpMas and nasonabl~ attorn~y's fNS incu~nd i~ sppNba proce~dings: (2) wsivs pratntrt?ent for paym~nt, demand. noiia oi nompaym~nt, notioe ot protat and protat ot this Not~; t3) consent to ~nd Naiv~ notics of any and all rer~wNs w~xtK?sioes of tirn~, wsiv~n, o~ modifications thst msy be gran~sd by tM Baric with respect to the payment w other provisions of ihi: Note or to the rel~ of any Obli~o? or tM Collateral or any part thKeot, witi~ or wi[hout subttitucien; snd (4) apre~ that sdditional tn~ken, endorsert, ywrsntors a wntiq m~y b~tome partiss hareto witAout notit~ to tfitm a atfecting tMi~ liability herlund~~. Tt~ Bs~lc may at sny time in its sole discretion compromise, sattle or exte~d the [ime of payment ot sny oi the demands or obli9ations, rpresentsd by any of t1w s~curitia pl~)g~d he~wnder snd all of the partiea liabk tor the payrnent hereof hereby rnske, comtitute and appoint the Benk, his a thsir trw snd law(ul attorney for thh purpoa with (ull pow~r and suthority to compromif~, settle or extend payment oi ssid dem~nds w obligatio~s and to sopuih, s~tisfy or d'a- chargs the ssrtM ot reco?d w otAerwis~ ss tM parti~s Ii~We fa the payment a collection hereot miyht or could do it persawlly p~e»nt. The Bsnk shall not be under any liability or obli~ation to Uke s~y steps whstsoevs~ to fix sny liabitity upon o? to CoilsCt or to eniorce psYment of any obligstio~ plsdysd ss s~turity hereu~d~r whetMr by giving sny notice, presen[ing, dsmsnding payment, protssting, instituting wit a othe~wise. The Bank sAsll not by sny act of omission w cammissio~ be deerned to waive any of its rights a remedies herew?der unleu such waiver shall be in vwiting and siy~~ed by the Bank and then only to the extent ~pecifically set torth thersin; a vraiver on one event sAsll ~ot be construad ss continuing or st a bar to o? waiver of wch rpht or ?ertKdy o~ a wbsequent event. Tht lisbility ot osch Obliqw shall be sbsoluu a~d unconditional and wiMout regard to tM liability ot any othe~ party hereto. Aay notios shstl be wfficie~t- ly served upon slt Obligors by fuving wch nOtite upon any one Obligw. The notice shall be sufficiently se~ved it plated in the msil, p~stags prapsid, addrest~d co, w lett upon tM prcmises ot any Obligor at a~y address shown on the Bank's records. NOTICE: SEE OTHER SIOE FOR IMPORTANT INFORMATION EACH MAKER ACKNOWIEOGES RECEIPT OF A CONFORMED COPY OF THIS NOTE ON THE ABOVE ~ATE. 15389 S. Qi x1e Hry. , Nf aiwi , Fl . 33157 (SEAL) ADDRESS ,~~~GN U~E O~~IIAKER • - ISEAL) AODRESS PSU,~~A~IJRfiDF R v o!'a ~ ~ ENDORSEMENT In addition to the Iiability as endorsers, which the undersigrKd hereby aswme, for value reeeived and inunding to be legally bound, the undersi9ned land if more than one, each of them jointly and severally) (a) hereby uncorWitionally guarantee che payment of the within Note and all extensions or renewats the~eof and all wms paysble under or by virtue thereof includin9, without limitation, all amounts of princip~ and inte~est and all expenses (including attorneys fees, whethe? incurrad in trial o~ appellata proteedings) incurred in the collettion thereof, the entorcement of rights thereunder a with ?espect to any fecurity thNe- ~ tor and the enforcement hereof, and waive presentment, dert~and, notice of dishono?, protest, notice of protest and all other ~otices whatsoever; and (b) consent i and epree thst tt~ey are bound as Obligws u~der the te~ms of and a.e wbjeet to all pro,risions set forih on the faet of said Note as fully as tj~ough thay were esch ' a Maker theraof, snd to the exercise by the holder of each snd every right therein set torth or permitted by law, all withaut notice to or consent of and wiihout E affecting the liability of the undersigned, and iurthe? consent and agrae that any of the undersig~ed may be wed by the holder hereof with or without joining any of the other erKlasers w Maken of said Note and withou[ fi~st or conterriporaneou:ly wing amr wdi other penons, w othervrise seeki~g or proceeding to ~ colkct from them w any of ihem. Ef t ~ (SEAL) ~ ADORE55 SIGNATURE OF GUARANTOR ~ ~ ISEAU ~ AOORE55 SIGNATURE OF GVARANTOR ~ z $ ~ ~ ~ ~ ~ S ~ i ~ 0 R 2~ PAGE ~7 W ~ _ 800i1 ~ ~ ~ ~ . ~ ~ ~ i : £ ~ ~ ~ ~ . . ~ ~ ~ ~ r _ _ _ - - - ~ ~ ~,l _ ~x a s ~ > ~ ~ ~w,.~ ~ ~ " -~-`~~~~`~""~-J;~; - ~ - .