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HomeMy WebLinkAbout0931 15 / ~ ` . _ 1 t ~ t ~ ~ ~ • ` llpw~ tlre occur.~nc~ ot an wN?t ot dNwlt. ~M 81~nk m~y inilltu~~ approp~Na 1pN P~oo~MlinM q~i~it d» Oblipon to obuin ~udMnMt on dM NON Mdl o~ exkc~~ ia ~qhu ~nd ~~m~di~s ss i acur~d party uod~. th~ flaidr Unifam Commaowl Cod~ a otMr ~pplie~W~ law. If th~ B~nk ha~ dMerwd itNlf It~NCUr~ o~ upon tM oecwrN~t~ of an Mrit ol Wfwlt. tM 8ae~k ~hNl h~w tM riOht, ievrndi~tdy ~nd withaut fwNNt ~Ctbn by It, to Nt oN p~MKt thi~ Noq d) tnOrNy owrd by [M Bank in sny capxity ~o ~ch ~nd ~nv Ob~ioo~. ~nd ~No to ai oft paimt MI oth~ liabilitia of ~eh M~1cw to tM 6ank all ma»y ow~d b1r tM Ua~lc any c~paity io ~ach s~d snr MucK. and iM eanlc ~hW b~ d~end co h.w ~xKC+wd wd+ ~ionc of Mc oN and a Mw n~d~ ~ ehrr~ ~Imi «+y wah n~awy ~mm~d~tNY ~ ~M oawr~nc~ ot such ddwN wa~ Moup~ wd~ darg~ b m~ a~nc~nd on th~ book~ ot tM Bank wbMqwnt danto. Unlai d~ Collat- eral is Nri~ilibh o~ thtpt~m so d~clin~ ~q~dily ie wlw a 1: of ~ tyq p~nonw~y tiotd an ~ r~is~d nrrlc~t. tM 9aok wtll qiv~ th~ M~iu? ~~on~kfN rWtk! o~ ~h~ tln» sm! plaa of aey puplk s~N dNrwf or th~ tim~ afu. which ~nY P~sa aN a~qr oeM? ~ df~fodtioh thKwt h to b~ nN~N. Th~ I~y r.~t of ~wwbl~ nocia Mull b~ rt~e if wd~ notia i~ m~iNd. PwuY~ P~~P~d. to ~ny ~MkK ~t th~ ~a oivN+ bNaw a~t sny oth~r addra~ ~fiown oti, retwd~ of tM 8ank, at Naft 5 d~ys bNon Ms tirtw of tM sal~ a dispositioo. U~wn di~po~ition ot ~ny Collataal ~ftN tM oocurr~no~ 0/ anY d~iM t~~, ~t Obli9ori shall b~ M~d r~in jpinNy and uvKally IiabM Iw ~ny d~fici~ncy. TM B~nk shNt accouat to th~ I~k~r for ~y wrplus but tM B~nlc ~hall hrw tiy 1roAt. to apply aN or ~~1? part oi wcA w?plw (a hold tM s~n» a~ ~ nrKVr psimt) any and alI otM~ I~abllitiK o( ~ch ~nd sny Obtipo? to th~ Bank. TM dblqas hs~~ by w~iw any ~iphts ol r~mption dtK d~1au1~. . , All {~utia li~ Irw tAe paym~nt ~rwi colhttion henol: (1) sgns to I~N ~1 exMn~ uxun~l w{?aw1 m th~ ~NOterlin+i pl Co11.Na.M w IM MIU~cN~+~l hw~ ~~I, wMIMr 1M B~nk n oblg~ted thtrdw a not. includinq ntormy i lees .y~ual to l~of th~ wnuunl m~1et~~u11 cr wCh 4upm ~xrwwnl u! m~y U~ ~~pntud~M tor s~rvrc~s snd ~xpMNS incwr~d in th~ ~ntwc~rtNnt hK~ot ~itMr pat a subuqwnt to judqmN?t M~d wh~thK ~n juditNl p~ocMdi~lpl W olhNVnN. Nd al~o ~hos~ ~ts. ~xp«?sa ~d ~~awn~M~ attanw't f~ inaxnd in spp~lba p~ocs+dinp~: 121 wsivt pre~ntma?t ia p~Ym~nt, d~n~xl. notia ol iwn-piy~nl. notia of protat ~nd protae o1 tAis Not~; 13) cont~nt to and waiw notice.of any a~d NI renwwls w~xbnsions ot tirn~, vwivirs, a modifiptiont thst may b~ g.ant~d by tM 8adc with rKqct to tM psym~nt a othK provisiom of this Note o~ to th~ nltap of ~ny Oblipor or tl+~ CollsqrN a any Wrt Mawf, with a w~thout wbstitutioo; ~nd (4) ap?~ th~t additional nwkN~, ~ndorm~, pwn~tas o~ wntip msy b~oonr partf~ 1+ento wlMout notiee to thNn or dhctinp t1~N~ _ ~isbility Mrwnd~r. TM B~nk msy at u~y tims io its soN disu~tion compromip, stttk or txtend tf~ timt of psym~nt of ~ny of tM d~n~nds a ob~ip~tlons, r~pn~nt~d by aoy ( o~ ~Nt sau?iti~ pbdy~d hKwnder and s11 ot the par[iK IiabN for tM psym~n~ M.eof h~nby mslc~, cwutitute and appoint th~ Bsnk, Ab a tMk tnN and I~wful a~tan~y for MK purpoM with full powK snd suthoritr to con~omist, s~ctk or ~xtend paymN+t of ~id dNnsnds or oblip~tbns ind to ~oquire, fstis(y w dif- tharq~ th~ ssm~ of nco.d a othe~wis~'as tM psrtia liabk to. tM p~ymsnt a colt~ction her~ol mipht or eould do If pr?wnslly pr~qnt. th~ Wnk ~hNi ne~ bt unde• s~y. Nsbility a obliy~tion to ake ~ny:tep~ whstwwr. to Nx any HaWllty upon w to ooll~ct or to enforcy prym~nt of ~nY eblkMtloe pMJad a Mcurlty hereur~ wh~th~r by piviny any notia, prau~tinp. d~rtw~dinp paymant, prot~sting, irqtitutinp wit or otl+~rwif~. Th~ 8s~c ~I+stl not by sny ~ct of omission or oommi~iw~ b~ daemed ~o waivs any o( its righu w r~m~di~ Mr~uexi~r unlps weh w~ ~hell b~ in vw~tiny and siprwd by tht Ssnk snd the~ only to tM extent fpstificslly fet torth thenin: s vwiwr 'on one erant sfisll not b~ corat.wd as conttnuin9 w as ~ b~? to w waiver ot wth riqht w remedy on s subsequeet ewnt. The li~bility oi tad~ Oblipor shsll be sbsolut~ and untonditioosl snd without rpsrd to tha li~biflty of any othN party Mt~tO. MY notld ~hall b~ wNk~ent- ~r• ssfv~d upon.dl Obligors by savin9 wch r+otics upon sny ons Obligcsr. The naiiu shall be wfticiently serv~d It pltced (n th~ matl, postspr prspald. addres~d ~o. or I~ft upon tM premises ot any Obligor at any sdd~~ss shown o~ the Bank's ~~cWds. ~ NOTlCE: SEE OT11EH SIDE FOR IMPORTANT INFORMAtiON ~ EACH MAKER ACKNOWLEOGES RECEIPT OF A CONFORMED COPY OF THIS NOTE ON TNE ABOVE DATE. ~ ~ - ~ , ~ . ~ ` . : 4144 Anderson Rd. , Coral Gabl es , FL. x{SEAL) ~ ~u~ ~~e~-+-~v ~ AODRE55 . ~ SIGNATURE OF MAKER " ~ . 33146 A. Btiuce Weaver (SEAL! ADORESS SItiNATURE OF MAKER ENDORSEMENT • ~ , In atWition to t1N lisbility as endorftrs, whieh the unckrsigned hereby aswme, iw valu~ reoeived and intending to be layslly bound, the undersgneclland if ` more thst~ on~, ~aCA of them jantly and stverslly) (s) hKeby unconditionalty guaranmt the payment o( tht withio Note and sll ~zteruions a renevwls tMnoi ~ ~ and alI wrrs pay~bN under or by virtw N?~rreot indudinp, without IimiUtion, all artwunu of ptintipal and intersstand all ezpen~y (intludirg attortNys' f«s. whetlw inewr~d in bial a appellat~ proeNdirq~) incurnd i~ tha coifectwn theraoi, tM u~fwcament of rghes thuwr~. a with r~speet co any s~writy tMn- ~ ! ior and the lnforprt~~t her~of, snd vwiv~ pres~ntment, de~rw~d, ~tioe of disha?w, protest, notia oi protest snd NI otMr notices vrhaaoever; and (b) conNnt i and ag?~e thst tiNy s?~ bound as Oblgo?~ undlr tM termt Of and are wbjtCt to all prpv~siont ~et torth on the fsci oi said Note as futly st thpuph tAey w~n eaeh ~ i a Nlaktr thenof, and to Me exercae by t1» hoM~r of esch and every ri¢+t therein set torth or permittad by Isw, all without notite to a cort~nYOf snd without affectinp the liability of the undsnigned, snd further corKa?t and agree that s~y ot the undersgn~t! m~y be w~d by the holde~ hereof witA w without joininp # ~ any oi eM other ~ndorsen or Maken of said Note and witAout first a contert+poransously wirg arry wch other persorK. or_ othe.wise saekinp a proceeding eo i ~ couect f.om tMm a sey of tMm. ~ € . ~ 6 ADDRE55 (SEAU ~ ~ ~ SIGNATURE OF GUARANTOR ISEAI) ~ ApDRE55 SIaNATURE OP f3UARAN?pR a , , 1 • ~ 1 , 1 ~ , •i ' ~ ! ~ . , ' . 1 ~ ~ ~ ~ . . - ~ ~ ~ ' ~ ~ ~ ~ ~ ~ - s~-o i r . , , - - , ~ i ~ ~M~ ~ , ' v+ ~i ' = f . , r . ~ ~ _ _ - _ - - - ~ ~ ^ ~ ~ ~~~~;,z _