HomeMy WebLinkAbout0986 . . ,
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Upon ~M oc~w~~ ot an ~nt o~ d~t~ult. tM Bank mw i~utitut~ appropri~t~ M~N prooMdinp ~qaiMt tM Obii{~on to obuin jucqn»nt on tM Now ~~+d/ ~
o~ ~:aci~ in rphtt and r~daf is ~ utur~d pxty undM tM Flotkp Unifart+ CommMCi~l Cod~ or otM? applk~DN law. If tM BM~k ha~ dMn»d iuNt im~cun
or upoe tM octw~MOt ol ao wMt ol d~hult, tM B~nk M+a~l hav~ tM riOht, inwMdi~tNy and withcut hKdMr ~ction Dy It, to rt oN ap~in~t Mis Not~ MI nwiNy ~
owW b~r ~M B~nR ~n sny o.paciey ~o ~ad~ and any OWqa. a~+d Nw ro Nt ott ap~imt ~II od?K li~biliti~t of NeA ~MkK to tM 8ank NI na~»y ow~d by tM 0ank
~n aoy capacity to ~sd~ ~nd snll ~Mk~.. aed tM Bsnk ~hM! M d~md to luw ex~rcb~d ~~ioht of Mt off and to 1?~w m~ ~ ch~rq~ ap~imt anY wd~ ~na+~Y -
~mm~diatNY w~ cM oawr~nn of wd~ d~fwit w~n thouph wch dwq~ h ercN or ~nc~d m tM boola o1 tli~ B~nlc ~4wet thK~to. UM~N tM CoHat•
e~a~ a ~w~qhsW~ or ctuaqea to datin~ sp~~dily in v~lw or is of s typ~ eustortwrily sold oe ~ r~ni=~d mwk~t: tM 8ank will oiw tM M~iw ra~a?~bN notin
o~ ~M tini~ and plao~ of w?y puWie sa4 tMr~of or tM tinr aftK whie~ soY privat~ saN or MW oMN intN~d~d ditpo~itioe thu~ol it to b~ rnad~. Tht npui~r
mM[ of n~sawbN notia ~ha11 b~ m~t ii w~h notip i~ m~ihd. poup~ pr~paMf. to ~ny ~A~Ic~? u eM addr~ piwn bNow or ~t any od~ ~ddra~ ~.an tM
r~cordt of tM Bsnk, it !wt 5 tqys btton th! tinN of M~ taM or d'qpotitioe?. tlpon di~o~itioe of ~ny (blbutM aftK tIN octu~r~~p oi any d~fault; 11~~
Oblqas sMll b~ and r~ joNUly and f~s11y IiabN for any defici~ncy. TM 8snk ~MH ~eeount to tM I~A~kK tor anY wrpius bu~ tM 8ank p?N~ ha~ tht {igA~
~o appfy aN a sny part ol weh wrplw (a hold tM s~nM as a r~rv~t spsirntl any snd al! otM? I~sbiliti~s of ~ad+ and any Obligor ~o tM Bank. TM Oblqa s 1+Ms
by wNw any riyAtt ol r~mption ~it~r d~1Wtt. . • ~ .
A!I psrlilf INhN la Ihe payoNnl ~ntl cOll~ctiOn Mhol: (1) sp~N lo I~Y ~1 arpaHes u~curr«I w~~t N~ IM ~nolecti~N~ ul Go11.Nc~.u w IM ~nlwt«t~~l hw•
wM~Aa tM Btnk n ublgit~d thtntor or oot. incNrdino auan~y's t~es ~r~wl to10%o1 th~ aewxmt m deluul~ M n~oA tN~p~ nrtwum w may Ue,s+wn.~l~M'
lo? tNV~CK ind txplniM ulCUrrW in tM Mio~CMMrIt IN~~Ot tithM p?wr o? sups~qWqt to judyrlNnt Nld YNNthN M juditt~l p~OCMdin~ a OthNw~t~. ind al~u
thof~ COSri, ~7tp~nfp and tMfonibl~ attpMy's fNt 1nC1Nr~d in spp~lqtf p~otNdinpt: 12) wiiw prpMtmlllt lo~ p~yn~Ml. d~m~td. nOtiq Of non-p~YrtNnl.
no~K. o~ proase and pro~ac ot th~ Not~; l31 eaa.nt eo and vwiv~ no~ice o+ an~ •nd N~ n~s a ~x~«aion: 01 iim~, vwiva~. or modi}iacions thu may b~
9.am~d b1r th~ •BsNc w~th r~ct to tA~ payme~t or oth~? provuions ot this Not~ or to tM r~lwt of ~ny ppli~or or th~ Collit~rsl or aa1l psr~ tha~of, wi~h a
without wtiititution; and N) ~M th~t additionN rtyk~n. ~ndorsKS, 9wrsn~oi= or w?~tia mry b~c~ parti~s I~~to without notict to tMm or atf~c~mp th~u
lisbility INrwndM.
T1» Bink mt~l st any time i~ its soM dacr~tion Comprotnis~, slttb w ex~end t1w tims o1 p~yment of any of [M d~rn~ndt or obl~pstioas, rpn~nt~d by a~y
ot th~ s~cwiri~s pl~dg~d h~.~ur~dei and su of th~ patia lisbb for tM paym~n? M~wf I~eby make. oonstitut~ snd ~ppoiot U~ Bank, his a tMh trw snd Iaw1a1
attornty for Mis purpose wich full pow~? snd wtl~otity to eompromis~~ s~ttk or ~xte~d payma~t of said d~m~nds or obli~tions ~nd to ~oquir~, sstiffy a dis-
char9e tM ~ of neord or otMrwiia a the psrtie~ liabl~ fo~ the psyment a~ collsccion hKeof mght or couki do ii pKfonally pns~nt_ The Bsnk sMll no~ be ~
undN sny tiability or obli~tion to qlc~ any stept whit~~ to !ix sny tisbility upon or to oolNet a to ~nforp psym~nt o1 ~ny obliy~tion pNd~d as zecu?~ty
herwndu wl~tha by yivi~p any notiCt, pres~ntinp. d~nding payment, p~otKti~g, i~titutinp suit o~ otMrwise. ' ~
The Bank shall no1 by sny act of omission or cort~nwssion be deemed to waive any ot its ri~?ts or rem~d~es hereundK unNu wch wsiwr d?sll b~ in w.~1Nq
and siprwd by tM Bsnk and tMn only to tM extent ~psci(ically set twth thsrsin; a waiver on one event shsll not be const?wd as continuirg or as a ba< <o a
.Maive~ of wch.qht a renwdy on a wbae~uent ev~nt. ~
The tiability of a~Cb Obli~W sAsl! be abtplut~ snd unCOnditipnsl end without re~ard to tM lisbility of sny other psrty hKeto. Any notit~ d+s1l be w/1~uent•
W'sa*vM! upon all Qbligors by sqvi~g wcA nOtiq upWf anY on! Obligor. Ths notite shall bs suffiCi~ntly_ se~ved it plac~d in tF?t msil. postspe prapsid, addrcs~d i
to, a I~tt upo~ the prtmises of any Obligor ae any ~ddre~s show~ on the gank's records. ~
kOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATtON ~
EACH MAKER ACKNOWLEQGES RFCEIPT OF A CONFORMEQ COPY OF THIS NOTE ON THE ABOVE DATE. i
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I460 N. N. 181st St. , M1amt , Fl . 33169 tsEau Gut~~ ~ c~~ ^
A~DRESS SIGNAT it OF MqKEii
_ Marla~n M. Kenc~a~l ~ #
ISEALI
AOORE55 51(:NATURE OF MAKER E
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. ENOORSEMENT
In addition to tM Iiability as endwsen, whiCh the u~~dersigned hereby aswme. tor value rttaiv~d and intending to be kyally bound..the urM~rsgned (and ii ~
more than oM, Wch of thert? jantly and saverallyl (a) lmeby unconditionNty guarantee the payment o( the within Note and sIl extemions or ronewals Hw~of ,
and a11 wms paysbN undsr or by virtue theraof includi~rg, without timicacion, atl amoirnts of priruipsl snd ireterest and sl{ ~xpe~s (inctuding sttorasys' fMS, ~
.~n.:ne. ;nu,?..a u~ w woeia~e aonea~~ ~na,~.ad n,~ ~ai.c~~a? ~n~eo~, tla ~nfwasrtwnt oi rqhq th~reundp or witA resqct to any sea+rity M~n-
tor. and tAe enforpmant herwf, and vrivs pres~ntment, d~maid, notiee of dishonor, p?otest, notioe oi p.otest snd s~l othK notices whstw~ver; and (b) ca~wnt
ar?d sgne thst iMy are bound ss Obiigas under th~ termt of and sre wbject to all provisions stt tath on the fict oi said Note as fuly ss tha~ph tMy w~n esd+
a Mskp tMreof, ~nd to tht exercise by tM AoIdK of each and every right therein set forth o~ pMmittad by Isw, all without notice to o~ oon~ni of and wiNwui
afi~tinp ths lisbility of tM undKSipi~l, and fwtlNr oorw~t and ayree that any of the undersi9rnd msy bs wW by tfie hotder hereot with or without joinirg
a~y ot tM otM? ~ndorsKS o~ Mak~rs of said Npq ~nd without fir=t o? contentporsn~ously winp any wth otl~er peisoM, or oMerwise s~elcing o~ proc~ediny ~o
caltect from them pr any of tMm. "
(SEAU
ADDRESS • SIGNATURE OF GUARANTOR
ISEALI
A~DRE55 SIGNATURE OF GUARANTOfi
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