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i:w~ the --urra~~~~• c•. r~r~K -F~ult, Ih,? 8ank may u~.t~tu!a .i~,~r~~;~ri.~!e 1.~~1 prccr~al~ny~ a~~mt thr Q:~;~gon m obt~~n judsm~ot on ~h~ Not~and/
..rr~:sa its r~_,hts .~~,.f r~r.~i-d~es ~t a;_CUt@lI ~J(ty Ufl~d/ th~ rlar~f~J Un~~:~: m Co:n:nar~~il Coda u~ oth~r oyul~caL:~ lr.v. If tM Bank n»d~rrmed its~lf ins~ty~~
..;;un ~h~ occurr_~cr ut an e.rni ot ~~foutt, th~ 8ank shell h~v~ lhi ri~ht, im~~~rd~~i-1y anJ wichou~ turih~r au~o~ b,r it~ to sec o(t again~t this Non ap mpn*y
by tha Sonk ~n .~~~Y c~p.~ciry t~~ e~ch and any Ob~~go?, snd at;o to set c~« a9i~ntt ~~1 othar Iiebilitiss of e~ch ~.t~kar to th~ BdnR all monay Owed by th~ 8ae~'s
;,,y cap~city to e~~h .rn:t any ~.t~<•~r, a~J t'~e Bank shall ha dran~l to h~v~ eR~+cisrd such right of :et uif and to h~vs r~ada a chsrg+a9~inft any such mon~y
-,~r-ci~ately ~~on ihM oc~~,rri~r:~~ ot su~h Jetauli even thouyh such ch~~~- is miJa ar ente~eKJ on tha two~cs ot the F:ank subsrqusnt thr~lto. Unlau th~ Collat•
.~.,.,t is pr~ish~blr or th: e.~h.ns ta da:line speeciily in valu~e or is ot a ryPe tuttorna~ity sold on a reeoyn~<ed mar:c?t, l~t B~nk w~ll g~vs tM t.bks~ ~safon~pl~ nptit~
~~:~e tim! ~nd p?~ce ot ~ny p::bl~c s.~:a thereo~ or the tim~ aftz~ ~~hich any priv~ta sale o~ eoy oth~ intend:d d~sposition th~rtof is to ba mecla. 7h~ ~equw~.
, a~c of ~rai~~~zb!a n~tite sh~'1 be mat ~t sueb ~otica is ma+trd, post.ga p~e, aiJ, to any ::~a+ar ~t tha aJtlras: g~v~~~ below or at any othN address shown oo th~
f.•cn~ds of the R~nk. at ~=~~t 5 d~Ys befora tha tim~ of tha satr or d~:po~ition. L'ao~ dispos~tion of any Cotlaseral after the ~KCUrrence o~any d~isult, th~
l}~i ~gors sha11 be ancl ~em.un jo~nNy and seve~alty liahl~ for any def~urncy. The f3ank shaU account to the hlakv (or any surptus but tM 9ank sha~l hav~ ths right
t~ ~pply all or any par t o( such surptut (or hold the s,ims as a resanrr .?}~instl any and ~11 othe? liabilit~as ol eath and any Obliyo~ to ths 8ank. Th~ Obtigon hero•
h; ~ ~ss1 ~e,~,hts C~t nvt~mj~tino atfer ~t?Fa~lt. .
A~1 pd~~l!111J~~? tor tt~e pay~nant a~cl collection hereof: (1) a9rea to pay atl exp=~sas incurrad or paid in the protection of Collatenl ot tf?~ Mtor~ntnt hie~.
o~, •vhethe~ ihe B~nk is obli9~ced the~etor w not, it?cludi~g attor~ey's (ees equ~I to 10%of the amou~t in dzfault w such larger amouot as may b~ ressonabl~
t~r sa.v~ces and exp~nses incurrrd in the enfore~m~nt hereof eithar p.ior o. subsequent to jud9ms~t and ~vhather in judicial proce~ding~ or othNwi~ ~~~p
:~~se cosn, eYpan:as anJ ~easonabte attorn~y's tees incurred in appella[a proceedingt; (2) ~va~w p~esentment for paymsnt, demand, notice ot non.p~yn~~nt,
ro~~ca ot protest and protest of this Ntote: (3) consw~t to and waiw not~ce ot a~y and aU ~eeewats or extensions of time, wai,rs~s, w mod :ications thst msy b~ .
S~~n;ed by cha Ban~C ~vith resp•:ct to thr payment or othe~ provisions of this Note or to the reless~ of any Obligor or ths Collate.sl or sny ps~t the~~ot,'with oi
,•,~;hout wbst~tution; an~i (41 agres that additionsl makM, endorsr~s, guarantors o~ surat~as may becoma p~ti>s hereto without notip w tham or s~f~eting tb~ir
I~~b~:iryAe~eunder. • . - ~
Th~ BanQ may at any time in i:s sole disuetion eomprom~s~, settle or extend the tims of payment of any ot the d~ma~da w oW~gaciom, rap~essnt~d by sny -
o~ ct~> srcuritiss Plzci4ed hereunder and atl of the pa~ti~s liabls for the payment hereof Ae~eby mak~, constitute a~d apaoint th~ Bank, his w th~ir tru~ snd I~wlu1
~~;ornry tor th~s purposs rrith tull po~ver and autho~iry to tompromisa, setcle o~ excend paymK+t of said demands or obligations and to soquu~, s~tisfy or dis•.
~h3 rgt Iht SaTB O~ record or othenviu as the parti~s liabl~ tw the paymant or collection haeot might or could do if pKSOnally p~es~nt, Th~ Bsnk shsll not b~ _
u/ d2~ any liability o~ obligation to tak~ any steps whatsowK to (ix any liability upon or to collact or to enforce payment oi any oWgscion pt~dg~d p s~kity ~
?+ereundN whetha~ by giving ~ny notite, p?esN+ting, derew+ding payment, protesting, insti[utinq suit o~ otherwise. • -
. _ _
The Bank shall not by aoy aet of omission or tommiuion ba deemed to waive any of its righb o? remediss hereunder unlesi wc1~ vp:wr sAsll b~ in writi~g ~
~,d signed by the Bank and then onty to th~ extent sp~eit~ealty set iwch therein: a waiver on one ~wnt shsll not b~ ca+strued u continuirg or ss s bir to a._
~,a~ver of wt1+ right or remedy on a wbsaqu~nt w~nt_...= . itc•.' - ~ r a~irk:~+: ~r.: , = a ~rs~
Tn~ tiability of exh Obligor shall b~ absotut~ snd uneondiciona! and ~riehaut regard to th~ liabitity of any oth~r psrty h~neo. Any not~ shall b~ sr~~~:
Iy szrv!~d upon all Obtigws by st?ving suth notiet upon any om Obligor. The notin sfiall b~ wHiei~ntly serv~d if placad in th~ msil.poRag~ pnp~id.sdde~yd
cc, or feft upon ths premises of ar+y Obligor at any sddrha thown on tba Bsnk's records - ~~='y'" --_.:.it~'ri+~s
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NOTICErSEE OTHER SIDE FOR IMPORTANT INFORMATION -
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EACH MAKER ACKAIOWLE~GES RECEIPT OF A CONFOAiNEO COPY OF THIS NOTE ON THE ABOVE ~ATE. -
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AODRE55 - - _ Y f , •
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AUDRESS SiGNAT ~ E OF MAKER
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. • ENDORSEMENT ~
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j In addition to the tiabitity ~s endorsers, wh~ch the undasigned hNeby aswme, for valus received and inre~d~ng to be legally bound, the undenignd (and it
~ rr.ore chan one, each of thrm jointly and severallyl (a) he.eby unconditionatly gua~antee che payment oE ths ~vithin IVo[e and a11 ex~~n~a+s or renewats thaeof
~ e~~ atl surtn paYab~e u~dar or by verwr the~eof ineludirig, withou[ timitacion, all amounts of princ~pat and interest and all expeMes (indudiog attom~ys teas, _
~ r.`,~cher inc~rred in trial or appellate proceedingsl ineuned in the cotlection thereof, th3 enfOrtemsnt oi righs thtreundK o~ with rtt~eCt co any ssCUrity t1~M~-. :
` #o• a nd the enforcemenc he~eof, and ~vaive presMtm~n[, demand, notice of d~shonor, protest, norice of prorest and a11 other norices whatsoevsr; and (b) eons~nt
i ~ ~ d agr~ that thty are bound as Obligors under th~termsof and are suhject to all provisipns set torth on the faet of said Non as fully as though thsy ware tadf -
~ a r:'a ~cer thereof, and to the exer~ise by the hotde~ of ~sch and every rigAt therein set (orth or permittM by law, all without notice to o? aonxnt of ind withouc .
a r rect~r.g the liability of the undersigned, ar+d furtherconsMt and agree that any of the u~de~signed may be sued by the holdei hdeof wiih pr withoutyoininQ .
~ a- ~ of ths other endorse~s or Makers of said Nott~and wiMout first or contemporaneously suing any suth other persons, orotherw+frsa~icing or proteeding to-~~
~ ~o;i~cc from them or any of them. , 5•ric+.!~iy..~s,. ~ i_~--~~
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