Loading...
HomeMy WebLinkAbout0240 s ' Upon t1+e vccurre~+c~ ol sn ~w~?t of dNwit, IM 6ank mw insti~ua appropwu I~1 procs~d~n~s a~0~ina1 d» Oblqat to obts~~ ~udpm~n~ on ~he Nol~ andr ~ o~ exs~ns~ ~~s r~ph~e snd ~em~d~ ai a secured par~y undK ~M Floridi tJoilam CommKUal C•o~ a otha ~pplicaoN ~+w. It t1» 8ank Ms d»rt?~d nsN1 ~~s~cure E o~ upon tM occwr~nc~ ot an ~t ol d~lault, th~ B~r?Ic ~MII hsv~ tM rql?t, ~mmdi~alY and witha+t hud~a ~ttp^ bv it, to fn ot1 sy~lrnt tA~s Noa all moMy ~ owsd by 1M Ba~k ~n a~Y capstity to Nth and any Oblpw. snd alw to f~t oft p~uat all othM Iybiliti~s of ~soh ~Mk~? to tM Bai+k all rt~a?~y ow~d by th~ B~nk ? in any CapatilY lo ~xh and any MskH, antl tM Bank Ihall b~ dMnMd lo haw ~xMC~Md tuCh ~i~t Oi Mt oll ind [o h~v~ mst1~ i tAary~ sp~iMl any wth morNY ~mmwutely upo~ tM occur~~nq ol wch d~l~ult ~wn thou~ wch chKy~ is rn~d~ a a~and on th~ beok~ of ~M 8a^k wb~tqua'~ ~h~~to. Unlw tM Cdlar~ e~Jl K{.frifhiblf M Lh~HIMt t0 d~C11M ip~~d~ly 1111IrIW p If Of i typf CY3101t1if~ly fOW 011 ~ ~~OO~Mt~d ~nMk~t, tM Bank will y~ve tht MikN rMW~?sbl~ no1Ke ut ihe ~ime and plact ol sny puWie saN tMrwf or tM tim~ alta whiM anY Privae~ taN or a~Mr otAK intN~dd d'aposition thKwl n to b~ msd~. Th~ requ~re• ~ me+u of rMSa+~DN ~oeic~ ihdl b~ m~t if p~eh notia a mi~Md. posta0~ W~P+~. to an~l M~ksr at tM iddnss below a~t s~+y othK add?~a sl+owe? on ~he ~ r~cads ol tM Bank, at hnt 8 dW b~(on dw tirm of th~ s~N a ditposition• l)pon diiposition ot sny Colbaral alu. the occu~nna ol snY d~laul~~~ne J OWiyws shNl bt and ~~msi~ joi~tly ~d t~v~~ally li~bl~ for any d~litiKw.y. TM 8ank ~ANI accouot to th~ MNtM lor any wrplus bw tAt Bank sAall haw the ~~qh~ ~ ~o apply sU w sny pKt of weh wrplus (a hold th~ ~ ss a rssKV~ ap~ns~) snY snd s1t othK I~I~~~ of ead? a~d anY Ob1qa ~u ~h~ Ban1e. Ths Obt~T~r~r t by vwwe ~ny rqht: ol r~mptan alttr d~tault. ~ . , I All µ-Hl~es (ial~le I~w the paynw~l .IMI CUIIlCIIOfI MIlOI: I~~ ~1Jflf (Y IwV ~I OY~1lf1t~ ~11CY1~MI ~N ~~INI M~ IM INI)IC~ II~MI UI (.OIl.dr~.~l ~a the rn1u~~~~N•~~t ~~wr { ul, whefher ~M Bank n oW~yated Ihe.~tw w ~ot, includ~nq a~torn~y's I~es ~•~uat to 10'Xol the am~x~m de1.w1~ ~M wcl~ 1,Hgr~ .MINlU11~ .IS ~T47Y Ilr Itl.WN~.Adt• ~ ~o~ se~v~ca and ~xp~nsK ~ncurred in the ~ntorcemMC Aatql ~itM~ prwr o~ suluequ~t to ~ud~nent arw wheihu m ~udKwi p~oc~fmys a otM~w~s~. +na..~~x~ tAOS! C061f, t7l~ftflf ifld fWtOlli~f ~ttOfflfr~f ~Nf 11lC1Nf~ 111 ~fl~tt WOt~~lfl~{: (Z~ Y1Ii1V! P~qNllfflMt }Of ~fiY111Mt. df~11if11~, 110t1[! O~ 110/1~WY~TKy• ~ no~~ce o1 protat snd pro~est ot this Note; 13) ca+s~nt to and wa~vt notice ot any snd ~II re~Is or extt~?sans ol time, waivers. o. moditrcauons ~hs~ may be l qramed by ths Bs~ic wiih respact to the psyrtw~+t a other provis~ons of this Note w.to tM reM~ss ol any Obliqa or tf~ Coltateral or any psrt thercot; w~th a ~ w~lhout wb~tituuon: a~d (1) agrte that additiolNl rtNkut, endwse~s, 9uarantws a sw~tNS mry b~ca~~e pa~ti~s I~aeto without notKe to tMm a atf~ct~ng theu ~ habi6ty hatundK. t The ~8snk msy at any t~me i~ its sole d~suetia+ tortiqomi~t, settle o. ~xtend the time of payment o! any ot the demsnds a obtgat~ons, repr~sN?ted by any j ot the setwitNS pl~tlgsd hertund~r snd s11 ot tM partiK liablt for Ihe psymenl Iweo) hNeby mak~, Co~ttitute and ~ppoint the Bank, Ais a their true arwf Iaw(ul attornsy tor Mis purpose with full powar a~d authority to torr~omise, seitte or ~xtend payma+t of sad demands or obli~stions snd to ~oquin, sstnfy o~ dis- ! CFwrg~ the sime o1 r~cord or otheranse a the psrti~s liable lor the psyment a collecaon lwaot migAt a coutd do if pKSOna11y presK+i. Ths 6snk sAall noi,be ur?de~ any lisbility a obli9auon to tske eny :t~ps whataoawr to fix my Iiability i~ a to collect a to enforce psyment of any oblg~i~ Pladgsd as secw,~tv nereunde~ whetha by giviny any notice, pr~ii~q, d~mandiog psyment, pro:~stug, instituting suit or otAa.vmse. ~ The 8snk sh~11 not by anY xt ot omission or commission bs deemed to vaive u~y of its rigAts o. remed+es Aereundsr u~bu such waiver shall 9e w.~unp. and s~qned by tM Bank and then only to tM eztent ~pscificslly set fo.th theran: a wsive~ on one eve~t st+aU not be const~ued as continu~ng w at a ba~ ~a o~ ' wa~ver ot wch right a remsdy w+ a wbsequrnt evtnt. ' The I~ab~lity ot esch Obli~w shsll be abwlute snd uneondit~onsl and w~thout ~egxd to the IiaOilitY o1 any other party Mreto. Any not~ce shall be wtf~t~ent• ~v se~~red upon all Oblgo~s by serwng wch ratict upon any one Oblgw_ The notice shaU be wfficiently mred ~f placed in the mail, postaye prepa~d, addressed io, w lelt upon the premises of any Oblgor ae a~y addrecs shown o~ tM Bsnk's recwds. NOTICE: SEE OTHER SIDE FOR tMPORTANT INFORMATION EACH MAKER ACKNOWLEDGES RECEIPT OF A CONFORMEO COPY OF THIS NOTE ON THE A80VE OATE. ~ 10740 SN lb6th Terrace, Miarnt , FL. 33157 (SEALI ADDRE55 SIGNATURE OF AKER Ron 1 d Bctrz - ISEAI) i ADOCE55 ' StI:NATURE OF AKER Terri Borz i ENDORSEMENT ~ In add~tion to the IWbitity as endorsers. which the undersigned hereby xwme. lw value reteiwd and intending to be kgally bound, tAe undersgne~i la~d if ~ more than o~w. ~ach of tAem jointly and saverally) (a) MrebY unconditio~ally guarantee the payment ot the wiMio Note and all ex[ensaos w renewals tMrwf i and all wms psysbN under or by virtue thereof induding, without limitation. a11 atrqunts of principsl and unerest and sll expe~ses iintluding sttorneys' iNS, ~ whether inturnd in triN or appellate proc~edinpt) ititwreA in the collection tt~ereof, th~ ~nfaroan~nt d rghu ther~unde? a with resp~tt to aMr srwrity tM~~- ; ~ ~or and ihe eniorcement hereot, and weiv~ p.et~ntm~nt, demand, ratice of dishona, protat, no~ioe oi protest snd all otM. notKes wha[soeMe~: and (b) rnnsant ~ and a9ree that tMy an bound ss Oblgas under ihe tKmt of a~d sre wbject to s1I pov~sions set tonh on the fact of said Note as fulty as thwgh tMy w~re eacA ~ a Maker tMrsot, and to the exercise by tM ho1dK of eaeA snd wery rghi d+e.e~n set (orth o. p~mitad by Isw, a11 wiUwut no~ice to w con~sr~[ of and wiihou~ a(leetinQ tAe liability of the undenign~d, ~nd further taK~nt snd sgr~e thst a~y of tM ~p~dersiyn~d m~y bs swd by tM iwider hereof with or without pining ~ any of the othe~ tndonus or Nbkars of said Note and wittwut first w Cont~nKwrsn~ously wag sny ~ud~ od~er persoos. or otherwise s~eking or proped~ig to ~ coJlect irom tAem w any of them. ~ ~ ~s~?u ~ ~ AO~RE55 SIGNATURE OF GUARANTOR ~ . ~ ISEAU t AODRE55 • SIGNATURE OF GUARANTOR ~ ~ } ` ~ ~ ` ~ L - 3 ~ . : ~ : ~ ~ ~ i ~ ~ ~ , - 1 3 3 ' .,.J ; ~ I c< ~ 1 `g f ! ~ ~ ~ ~oR~ 294 P~ z4Q ' ~ ~ ~ - : ~ . = - - - _ _ - . _ - ~ : ~ ~ . . . ~ : : ~ - : N ~ ~ ~F ~ ~~~"~~;~~~i.'.°~:~,i'`-.~a. _u.^`-~~, . : . • -,:^~s,,,f.as;^x,.•-'~~,...'~