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HomeMy WebLinkAbout0946 , . ~k ; . ~ y~p~4 tn~ «cwr~nc~ o~ ~n ~wm o~ d~ta~~~. tn~ eaMc ma~r `in~t~wa aowowNn ~MN wo~«df~ a~imt t1w Ob~qon to abble ~udOn+~nt oe th~ NoM u~dl o~ exKU» in ?qhts sod r~m~dws ss ~ wcurW pa.~y undK ~M Flw~ Ilnitam CommKCN1 Cob a odM? ~pPllubN ~~w. If th~ BM~k hK dNnNd itNlt InM~ur~ a upon th~ oawr~net ot ~n w~nt of d~fwlt, tM BN~k d+sll Aav~ tM ri~t, in~diatNy and without furtlar ~etlo~ by It. to Mt oN a~lnit lbb Nop aH nweN~? ow~d b~r tM 6ank in snY caP~citN to ~ach and any Ob1ga. ~nd N~o io s~~ ott p~ina all oNarJi~biliti~ ot Neh M~k~? to'tM B~nlc all n~aMy ow~d bY ths d~nk any ca~ciqr to ~ach and ~ny Mrlc~r, ~nd iM B~nk ~hMl M dMm~d to haw ~xaci~d ~uch .iaht ot ~t off snd to hw~ m~d~ a ch~ry~ pdmt ~nV wah n+oh~1? in+nNdiatdy upon tM oau~~~na o~ wd~ dNw1t ~wn N~ouqA wch dur~ is rrwd~ a Mand on tM books ot tM B~nlc ~ubNquMt dMnto. Unta~ tM CoNat- eral is {writl+~blt o+ thrtatMt to d~tli~t t~dily in valw or is ot s typ~ cu:tomrily sold on ~ noo~ni:~d m~k~t, tM 8snk wlll ~iv~ ih~ Mdur rM~awbM noNa ol tht tNm and plaa oi sny puWk saN thKwf a tM tinr a/tM whid~ ~qr prhrae~ ab or anY otM~ int~nd~d dMpotition dMnoi N to b~ n~. TM rpuir~., m~nt of .snonwb not~a ~ha11 M m~t it weh noHa k m~ibd. PauY~ P~P~d. eo ~eb IN~lur ai eM ~ddnn piwn Mlow o~ ~t anv otM. ~dd?~ ~how~ on thi` r~cords ol tM 8ank, st Iqst 5 drys b~ton ch~ tirtM of ih~ ~ or d'apo~ition. ll{wn di~posi[ion ot ~r Co1btKM ~fta tM ooew~a of any dNNR14,~~ Obliyp~s ~hNl bt ~nd r~nwdn jointly and p~nlly IiibN ta sny d~ficitncy. Th~ B~nk thNl aocount to th~ M~kN for ~nY w~plw bul tM 6ank thMl hayr ~"iph1, ~o appty ~II a a~y p~rt of wd? wrplus (a hold tM t~nr a a n~v~ ~psimd any ~d all othK lubilitat oi ~ad~ and ~nY Obligw to IM 8ank. TfN Ot~li4cxs h~~' Dy w~iw any ?i~A~: of ridemp[iai N~K d~fautt. . - , L;; ~ All p~rtNS liahN Ir~ Ihe paym~nt ~nr) coll~ction Mreof: (1) ~grN to t?~Y +~f ex~ntK ux~unal w~wiA h~ ths p~o1~~~on ul Collalr~~~l ur tM ~nlwdl~w!n~ hw~ 01, wM~M? ih~ Bank ~s oblgsted tM.da a ~ot~ ~flClYdlfl? a~ROTlIw~/ ~!K 4Y~WI (O 10%0l th~ artKwot w+~ielrwl~ a wd~ ImpM wrxwn~ wmay be ~waonal~ ~ for s~rwqs aed ~xpN+s~s intu~nd i~ th~ tnfwpm~r?t tNnot ~itMr prior a wb~qu~nt to ~udyrn~nt and wMthN m judici~l procNdinpt ~ othNw~M. ~nd alx? ~hos~ costs. ~xp~aN aod ~+atonabb attorn~y's i~u incwnd :n sppNlate procNdirgs: (2) wsivt txsantm~nt (a p~Ynrnl. dNnsnd, nolia of non-psym~rtt. notia ot pronst and protest of chis Note: (31 eontau to snd vwiw notice of any and a11 r~neMals w~xca?sions of tun~, vaivt~s, a mafitiqtiona that. may b~ grs~t~d by tM Bs~lc with ~~ct io the psyimnt or othK provisions ot this Not~ or to tM nba~ of any Oblipor w th~ Coll~tKal or any p~t th~rwt, with a without wbstil4tbn: and (4) aprN that additaml m~kat, endo?s~r~, ~u~wnta: a wntia mry becom~ partia hK~to without notiq to tMm a atf~etiny che'a IisbUity hKwndK. ~ . TM g~nk may at sny ~ims in iu sok disu~tion compromis~, ssttM a~xtend th~ tim~ of payrt~t ot ~ny of tM d~m~nds a oblipations, rpr~s~nt~d by any ot tM seeutitip pbd~d ha~wnd~ snd sll of tlu psrtiss Iia1~M for th~ paym~nt hereof hK~by mak~, eonstitut~ and ~ppoint tht 8ank, hb ar tMir trw and lawlul a~taewy tor thif purpo~t with tull power and authaiq to oompromis~, ssttk a~xtend psyn~t of ~aid demsnds or obli~tian and to ~oquin, s~tuty o? dis- cnarqe tM sa~» o+ ncad or ochKwiss ~ tM p~rtia li~N to? th~ psym~nt a coll~ction hKwt mght o~ could do N pKwn~IF~r pnant. th~ 8s~+k fh~ll no~ b~ ur~. ~nv H~bility o? obli~tion to tak~ s~r:c~ps whauw~ co tix any ttabillty upw~ a to oolbet a to ~nf orc~ p~ym~nt of arry oblfp~Uon pbJ~d a Meu~lty her~und~r wMiMr by givi~p any notia, pr~nti~p, cN~w~dinp paym~nt, prOtasting, i~utituti~g wit o~ otF~wit~. TM B~nk shslt not by aev act of omission or tarnni~ion b~ de~med to wsive sny oi its ri¢~a or nm~dia MrwndK unl~ss wch walwr thall b~ in w~~tiny and siy~~ed by d~e Bank snd then only co the extent specitically sst forch tl+arein: s vwive~ on a+e evMt shall not be constrwd ~s continuirg w a~ a ba~ ~o a Mraiv~r o1 wch ~iyht or remedy on a wbseqwnt went: - . TM lisbility of ~ach Obti~w shall be absduM snd uneonditional snd without rpard to the IiabiHty of any otMr psrty h~rtto. My nodc~ ~hall be wffit~tnt- ~v se~v~d upon ~II Obligors bY ie?vi~?9 wch notia uPO~ snY one Obligor. TM notice shsll be wfiicientlY ss~wd il pbced In th~ m~ll. Postp~ praPakl. addresfad to, or k(t upoe the premisas of sny Obli9or at any sddress shown on the Bank's ntads. NOTICE: SEE OTHER SIDE FOH IMPORTANT INPORMAtiON EACH MAKER ACKNOWLEDGES RECEIPT OF A CONFORMEO COPY OF THIS NOTE ON THE AQOVE DATE. • ~ ~ 11520 S. W. 83rd Terr. , Mi ami , Fl . 33173 ~sEAU - i,~ t AODRE55 ~l~ TURE F AK R l~urn . s r ISEALI ' ADDRE55 ~lt~e7~RE ~ e~ER r . ENDORSEMENT In addition• to the liabiliry as endwsers. which the undersigned hereby aswme. for valua received snd intendirg to be Myally bound, the und~rsgnsd (and it more.tAa~ oM, qeh of thtm jantly and stvenlly) Is) I~ereby unconditionally gusra~tee the payment of th~ within Not~ and all exte~iau or renwvals therwf ; and a11 wms psyaWt under or by virtue d~ersof intlutiinp, without iimitation, all artwimts of printipal snd interat snd all ~xperaes (including ~ttwn~yi fNS, ; whethM inournd in trial or appNiate proee~di~gs! ineurnd in the cdkction thereoi, th~ enfwcenNnt of rghts tMre~uida o. with respeet to ~+y seeurity M~r~- ~ E fo~ snd ihs Mfo+prtynt I~trOOf, and v~iv~ prtMntment, dtrn~nd, notite of dishonor,-protett, notioe of protest and sll otAN notites wh~esohrer: M?d (b) totuMt ~ t ~ and aqres thst tMy a~e bound ss Oblipors under ths arms of sod are wbjeet [o sll p?ovisions stt tonh on the fset ot said Noce as tully ss Magh they w~rt ad~ ` a Mtkp dNrwf, and to tM exatae by tla AoWs~ of e~eh snd every rpht therei~ set (orM or p~rmitted by law, ~II without notice to or cot~snt of snd without ~ iy atfectinp tM lisbility oi th~ undeniyned, snd furM~r oonsant a~d apree that any af Me u~~iyrnd n»y be wed by the holda. herwf with or without joinin~ ' ~ any of tht othM ~ndorfers or M~kert oi ssid Not~ and without first a tontemporsneously witg any wd~ other pef~orK. w otherwise s~elciny a proaeding co ~ collect frpm tAetn ot any of th~m. ~ ~ (SEAU ~ A~DRESS SIGNATURE OF GUARANTOR f f (SEAL) ~ ADORESS SIGNATURE OF CiUARANTOR i f ~ ~ ti ~ 3 ~ 4. - ' " ~ , ~ ~ F~ - - r, ' ~F i ~ ~ ~ ~ - ~ ~ 4 ~ ~ •r!i1i'i~/ SQC~~ ~ - ~ " ~ i ~ z - - - - - I ~ r ~ ~ s... r., . at~~`-~~. . ~--r ~s ~ ~x~~~r~s a - s~ ti - - 'x