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HomeMy WebLinkAbout0993 r' . . . lljwn tM otcu~rMt~ ol an Mnt ol d~fwil. tM 6N?k m~y iostitua approp~i~tr IpN p.ocNdi+p1 aYNiMt tM Oblipat to obuin judOmNU an NN Not~ ~t~d/ o~ ex~rt~» it~ ~i~ht~ ~~d r~mrd~ts ss ~»cur~d pa~~y uMu tM Flaid~ Unifam Conu+~cisl Cod~ or otMt ~p01iab1~ law. It tM Bank h~s dMnNd itwlf i~wcun a upon t1N occwr~nn ol ao ~wnt ot d~f~ult, tM BaNc Miall h~v~ tM ~iqht. irm~iiauly ~nd wiMout twthN ~ction bY it. to Nt oH a~imt thb NoN MI mon~y ow~d by tM Bank ~n ~ny cap~city to t~ch and ~r Oblpa, and ~bo to at oH p~ina Mf oth~r Ii~WlitiM of NeA M~ka to iM B~Ic ~tl mawy ow~d bY t1N B~nk in ilfy C1(l~~Clty !O NCh ~t1d illy M~kN. ind tM ~ f11N1 b~ dNHNd t0 h~V! fX~fCiMd tYCh ~I~t O~ Mt Of1 M1d 10 hi11~ 111id~ ~ dH~ ~IMt MIY M~f~1 A1WNY ~mi*ndistsly u~wo th~ oawnna of sud~ d~hult twe tAouOh wM dw~ a n~ o~ Mt~nd on th~ book~ of th~ 8ank wbNqwnt th~nto. Unl~a th~ Cotlst- eral is yKish~bN a threatanf to tMclint tpMdily in w!w o? is oi a tyq wstom~rily told On ~ t~oopnis~d ntulat, tIN 8ank witl oiy~ tM M~~er rM1or~ notio~ ol th~ ti~ ~nd plaCa Oi ~ny publie sal~ tht~pf ot tiN tinM ~ftK whkh ~ny privat~ s~N 0~ My otMt int~rKNd dilno~ftiOn MM~Of b to b~ n~ld~, Th~ ~puut~ mMt ot rsMwnbM notiq fbNl M m~t if wCA notiq i1 m~ilid. P~+O~ M~P~d. W any dMlw at tM addna Ohr~n b~Mw o? ~t aoy othM ~ddn~f lhown on tM r.cord~ 01 tM 8ank, u~~ 5 a~y: a~o.. a~. e~. o~ en~ +.i. « dapos~~ro~. upon a~~~~ ot a~ry caa~.~a~ a~t.~ ~h. oocu?.e~a ot sny d.aui~. iM Oblqat ~hall b~ and r~i~ jointly ud ~ve~~lly li~ba for anY d~ficiMCy Th~ Bank sM11 acoount to th~ MWcK for any wrplus bu~ iM Ba~lc tl+~ll Aav~ tM r~yh~ ~o apply aH a sMr part ot wch auplw io~ Iald eM ~ a a nsKw ay~in~t~ uw awf a11 othu tybili~i~u of qeh aod any Oblipa ~o ~M 8ank. 7T~e Oblpn~s hae . by wNV~ any rioAts ol ~Mertption dt~ d~fwlt. y' All psrlNt IwhN (~r ~he payrtuwt arwi colllction hN~ol: (11 spr~! 1u ~~1I :dl e~c{~ntst uxw~ed u~ {wa) ~n tlwi W otw:u~x~ ul Coll.dr~.d w Ih~ m1u~pMnr~?y hwr ot, wheihK IM Bank ~r oblg~Nd IAer~lor w nol. includinq ~ttan~y't ftes ~.r„p1 to 1~%0l tl+~ ~n~ in deluul~ a sueh le~pw ,w~w~yni w may 1~ ~~~I~M to~ sKVias and ~xp~s incurnd in th~ ~n(orcwrnet hK~ot tithsr priw a wb~wnt to judprt»nt ~nd whtther ~n judicid txoc»d~npt a olM~w~t~. and alw ehas~ cosa. exp~s and repon~bl~ attanw's f~ w~cwnd io sppN~ate p~oa~dinqs: (2) waiv~ pre~enun~n~ for p~yment. d~mard. no~in of ran~paym~m. notio~ ot protat and protat of this Nou; (31 ooraMt to snd waiv~ ootice of aoy ~nd ~II nr+~wsfs w~xt~nsions of tin+~, vwiven, a modifiqtioni tMc may b~ grant~d by tM Bsnk wiih r~qc~ to th~ psymN+t a oN+~. provision: of ~his Noa or to ch~ roMaa of ~ny Oblgor or tM Collaual or any pKt th~oi, wiM o. without wbltitution; aid i~) ay?~ cMt additionN maicK~, endasKS, 9uars~tors or wr~tia m~y b~oorM parti~s hKSto without notia to tMm a afhctii?~ tMi~ Iiability F~~undK. ~ . Th~ Ba~k may at my [ims in its sol~ disa~cion oomRromis~, settk o~ ~x~end the tim~ of psyrt~t of any o( tM dem~nds a oblystions, npr~»ntW by ~ny oi t1~ s~cwiti~s pledp~d Aenund~r and sll ot tM psrti~s Ii~bN fw the paymsot Mreot htnby miic~. co~stitute snd ~ppoint th~ Bank, Ais a tMk trut ~nd lawtul auan~y fw Mis purpos~ wich Iull pow~r snd wthority to con~omise, sec~le w txtend payma+t of s~id da~n~nds or obli~ations ~nd [o ~oquin, ~atisfy or dis- chary~ tM artN of ncord a othawi~ as the parties liabl~ fa th~ psyrn~nt a colNction hereot mght a couW do if pKwnally pr~pnt. TM Bank ahdl not bt urxiK ~ny Ifsbility or oblly~tion to akt sny ~tKn whatso~v~r to fix any liability upon or to colNcc a to ~n(wc~ paymrnt ot any oblip~tion pbdyed a~ ap~rity herwndar wMtMr btl 9~~4 a~W P~~tirg, d~rtw~diny psyment, prot~scing, institutiny wit or otMrwise. Th~ BarJc ~l+sll not by anY set of omiuion or commissior? be deemed to vwiw any of its rights or nm~das hsreur~r unl~ wch waiwr Mall be in w.~tinp and iisned by tAt 8ank snd tMn only to the accsnt ~pcificslly tet toath th~rein; s vwiver on one ~wnt shsll not M construed as conti~uing w s~ a bi~ ~to a waive. ot wch riyht~o~ remsdy oe a wbs~quent avsriL Tht Iisbility ot eath Obli~w shell be absolut~ ~nd u~co~ditia+~l and without reqsrd lo the liability ot any other psrty hertto. My notia shall bt wtfK~ent- ~Y ss~wd upon NI abligors by terving wch notice upa? any o~t Obliyor. The notice sfiaN be sufiieiently ~ved '+f placed in the mall. post~pe Prepaid. address~d to, or kft upon the p~emiset oi any Obliga st any sddress shown o~ tM 8a~k's recwds. NOTICE: SEE OTHER SIOE FOR IMPORTANT INFORMATION EACH IIAAKER AGKNOWLEDGES RECEIPT OF A CONFORMED COPY OF THIS NOTE ON THE ABOVE OATE. 1705 S. N. 98th Ct. . Miami , Fl . 33165 (SEAL) ~ ADOtiE55 SIGNAT R OF MAKER A1f S. Kay ' ISEAII ADDRE55 ~ t~ L_-_~GNA RE AKER R~ ' ENDORSEMENT j In addition to tM liability as endo~sen. which the undersigned hereby aswme. for value receired snd inteeding to b! legally bound. the und~rsigned (and it i more than o~, esch oi th~m jantly snd seuarally) (s) hereby uncondi[~onalty guarantK the psyment of the wiMin Note arKJ sll extensions a renewals thenoi ~ and all wmt psyM~N under o` by virtue Merwf intludinp, wiihouc limincion, a11 amoi,na of prirKipal snd ;ncerest and sll expe~s (i~duding stcwn~y~' tMS, { ~ whetMr intwred i~ trisl or appellate proa~dinpd ineurnd in tAe colkciion thereof, ths ~nforpn~t of riphts tMnundrr or with respect to ~ny s~writy tM«- ~ ~ tor and ths enfwprtrent her~of, and v~iq prt~tment. demsrwf, notice oi dishona, protest, notioe oi protest snd all otMr notias what~wvsr; and (b) conasnt ~ ~ and agr~e thst tFNy srt bow~d ss Oblgws unckr tM ttrmt of snd are wbjeet to all provisions tet lwth on the fact oi said Note ss tully as tAouph tMy wKe eaeh ~ a Mska thK~of, and to [Ae ~xercise by the hotdK of ~seh and avery riyl+t therein sei lo~th or pKmitad by law, stl without noNee io or con~nt of snd without i atfettirg tM liability of iha~ undNti~+~d, and furthe? oorq~nt ~nd spree that s~y of the ur~sipnsd miy be w~d by the holder hereof witA or witfiout joininp any of tM otM~ ~ndors~rs o. Wbk~rs ot said Note and witNout first o. contert~pora~eously wing aMr sud~ otMr persoru, a otherwi~e seeking or proceeding to ~ collect trqn them Qr my of thlm. • . - ~ ISEAU ' ADDRE55 SIGNATURE OF GUARANTOR ISEAU AOORE55 SIGNATURE OF l3UARANTOR ~ t 1 ~ L 1 3~ t ~ . ~ ~ ' , ~ - ~ , ~ ~ - ~ . ~ t ~ . t ~ ' 1 x ~ ~ - i , , ~ _ _ : ~ 4 - ~:a , ~ ~ ~ ~ ~ - ~ ~ ~ ° ~ - ~~r . ~n