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Home My WebLink About0759 Upo~ tM occurrtr~ of an svrnt of d~iwlt, tM Ba~k msy ~~sci~ut~ app~op?i~a Ipsl procNdinp~ sp~ir?s~ cM Obliqo~s ~o obuin judpn»n~ on cM Noa and/ or aXHCiN it~ riphts ~nd rem~di~s a a s~eund p~rty undK tM Florida Unifo~m Comm~rcial Cod~ or otMr ~ppliubt~ Iew. lf tM Bank hss d~rNd its~~f i~s~curi or upot~ tM oocu~nnq ot ~n wtnt of d~tsult, ti?~ 8snk sMll l?~w tM riqht, imrtwdi~tNy snd without turtMr sction by it, to kt ott a~irqt thi~ Nott a11 mo++~y owed by tM 8ank in ~ny capscity to Nd? and a~y Oblpw. ~nd also ~o s~~ olf sprinsi sll ochM Ii~biliti~s ot ~ach MakK to_~he Bsnk ~II mon~y ow~d by tM 8u?k ~n any cap~city to tsch and ~ny MakK, u~d tM 8~~k shall W dNm~d to Asw ~zuci~d wch ripht of t~t Off and to haw m~de ~ chsrp~ spsinst sny wch moMy immediattly upon tM occurr~nq of wch tMtautt w~n thouyh wch d?ar9~ is n'?W~ w tr+ttnd on tM book~ of th~ Bsnk wbsequent tha~to. UMess tM Collat- eral is p~rish~W~ a thrqt~nt to declin~ spNdily in vslw or is of a typ~ customsrily sold oc ~ noopni:~d rrMrk~t, tM 8snk will yiw th~ IN~1c~r nssor+sbN notiq 01 the tim~ ~nd plaa of sny public sak thKwf or tM tim~ ~fter which ~nY Privsa saN a any othK int~nd~d disposition thKwf is to b~ rt~ad~. TM rpuin- ; me~[ ot rpw~abh notict shall b~ rtwt if wch notia is msil~d. postspe Prpa~d, to any h4iu~ ~i ihe sd~~est givi~ bNaw or at sny otht~ ~ddr~ss shaw~? o~ tM - ~ecords ot iM 8snk, at least 5 daYS beforo the tim~ of th~ sab a dispos~tion. llpon di~wsition of any Collsteral alter tM oocurrenc~ oi any d~fsutt, tM ~ Obllgon shafl bs and renyin jointly and stvrrally IiabN lor s~Y d~ficientV. T~ ~nk shsl! ~ccount to tM Maker for sny w~plus but tM Bsnk sh~ll haw the ri9ht to apply all a any part of wch wrplus (or hold tM ssnw a a res~rve apsinst) a~y.snd all other liabilities ot esch and sny Oblgor to the Bs~k. The Oblgors hen- by waivf any ~gAts ot rad~mption s(t!r dttautt. All Wrtits liabl~ for tM paynw~t a~d collaCtion Mno~~ (1) eyres to pay sll expe~?ses inturnd or paid in tM protattio~ of Collsteral or the Mfotte~xnt here- - ' of, whether tM Bank Ii Obll~it6d LhQ~010f Of BOL. 111CIUd11f~ illOfMy t tfOi OyW~ IO iili~ui i~N rnw+uai ~?1 ~wiau.i w w..:~ :6.yi: e::.w.~. w:::.:~ :z ~ - fo• servic~s and exp~nsss incurnd in th~ ~niorcern~ot henot ~ithir prior w wbsequent to judpment snd whQthe~ in judicisl proceadin~s w othe?wiss, and al~o iho;e costs, txpens~s and reno~eblt attunty's i~ss incurred in appellate proceedinys; 12) waiv~ prestntm~nt (w psyment, d~mand, notice oi non-payment, no?~ce o( protat and protest of this Note; i3) consent to snd vraivs notice of any and all ren~wsls w exte~:ions ot time, wsivas, w modificationt that may bs y~anted by ths Badc wich respect to the pavment w othe~ provisioi?s ot [his Note or to the ?elNSe ol sny Obligor w ihe Cotlatenl w any pa?t thKeot, with o. - w~ihout substitution; a~d (41 apree thst sdditional rtWken, endorsers, yuarantors or sureties may become parties ~e?eto without notice to th~m w affscting thei~ liability hKfUndlt. The Bank msY st a~y time in its sote dist~etion compromise, settle w extend the time ot payment o1 eny of the demands or obligations, rep~esented by any of the setwiti~s pbdgsd hereunder and all of the parties liable tor the psYrrient hereof hereby make, constitute and appoint the Bank, his or their true and lawful a~torney fqr ihis pu~poss w+th tull powa~ a~d authority to compromiss, settle or extend paymant ot said demands or oWigstions a~d to soquiro, satisfy or dis- charge the same oi record or otharwise as the puties liable fw the psyment o. collection hereo( mght or could do ii personally present. The $ank shall not be under any liability o~ obligation to take any steps whatsoeve~ to fix any liability upon or to collect w to sr~iwce payme~+t of sny obligation pledgad as security nereurxkr whtther by giving any notice, {xesentirg, demanding paymant, protesting, iratituti~g suit w othervriss. The Bank shall not by any xt of omission or commission be dcemed to waive any ot its rights or. remedios hereunder unless such waiver shall be in nniting ~ and signed by the 8ank and then only to the extent fpecitically set torth therein; a waiver ort one eve~t shall not be construed as continuing or as a bar to or wa~ver of wch nght or remedy o~ a subsequent evenL The liability of esch Oblqor shal~ be absolute a~d untonditional and without ~egard to the liability of any other party hereto. Any notite shall be wffitiMt- iy served upon all Obligors by se~ving such ~otice upon aoy o~e Obl~gor. The not~ce shaii be wificientiy served if piace<i in ~he maii, pastaga pr~said, addrassad co, or left upon the premises of any Obliga at a~y address shown on the Bank's recwds. ~ NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION EACH MAKER ACKNOINLEDGES RECEIPT OF A CONFORMED COPY OF THIS NOTE ON THE ABOVE OATE. ~ ~ , ~S-. (SEALI ~i ~ ,,•~~v~ ~-~;~r^~ ~ • • ' SIGNATURE OF MAKER I~DO R ESS 32931 Uav~d R. Reed ~ (SEALI ADDRE55 SIGNATUFtE OF MAKER iCa M~ ~ eEfl ~S • k6ed j ENDORSEMENT ~ i ~ j fn addition to the Iiability as endo~sers, which the underi~yned Mereby aswme, for value reCeived and intending to be legally bound, the undersg~ed (and if 5 E more t~n one, each of them joincly and severally! (a) hereby uncond~tio~a~ly gua.antee the payme~t of the within Note and all externions or renewals thereof ; and all surt~s payable under w by virtue thereof including, without limitation, all amounts of principal and interest and all expenses (including attorneyi fees, ~ ttihethe? incurred in trial or appellate proceedings) incurred in the collettion thereoi, the enioreernent of rights thereunder w with rgspect to any seturity there- tor and the eniorcement hereof, and wraive presentment, demand, notice of dishonor, protest, notice of protest and all other ~otices whatsoerer; and (b) tonsent ~ and agree that they are bound as Obligors under the terms of and are wbjett to all provisions set torth on the fact of said Nlote as fully as though they were each _ ~ a Maker thereof, and to the exercise by the holder of each and evtry right therein set forth a pe~mitted by law, atl without notice to or consent_of and wichout j affecting the liability of the undersigned, and turther consent and agree tfiat any of the"undersgned may be wed by the holder hereof with w without joining : ~ -~~v of the other endwse~s or Makers of said Note and without (irst or contemporaneously wing any wch other persons, or otherwise seeking w proceeding to = coilect from them or any of them. ~ ~ (SEAU ~ ~ ADDRE~S SIGNATURE OF GUARANTOR ~ ISEAL) F AODRE55 SIGNATURE OF GUARANTOR ~ _ ~ ~ ~ ~ ~ ~ - n a 7 ?cf ( ~ - ~ 60uX ~ ~ ~~.s ~ ~ ~ ~ ~ ~ i ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ t• • r • - - ~ ~r . - . • ~ ~ ~ . _ . ~ - _ _ --,..r _ ~ , - ~ ~ ~ : ~ ~3`~x ~ ~ ~ ~ - ~ ~ _ ~