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HomeMy WebLinkAbout0096 ~.~,on ~M occurrK?c~ ot ~n ~wnt ot Wfault, Ih~ 8~nk msy Insnwa ~ppropri~u Ip~l p~ocNdir?ps ysirnt M~ Oblsyors ~o oe~~in jud~~t on tM Noie ~+nd/ z.e~cise its r~phts ~nd nmed~es ~i s ucur~d party undN tM flor~ Uoifwm Comrtwrcis! Codt a o1Mr appliubl~ I~w. It tAe Bsnk Ms de~m~d itceN ins~cu~~ _ c, upon tM occu~renc~ of ;n e~ent ot dttault, tA~ Bank shall Mv~ tM ~i9ht, ImmWi~tsly ~nd without turth~~ ~ttion 4y it, to qt otl sy~i~t this Nou ~11 mor»y ~~,•.~n uv tM Bank~in ~ny c~pacitv to ~sch ~nd ~ny Ob~i9o~; ~nd also to Nt otl paint~ ~II othp lisbiliti~t oi ~~th Maktr 1o the $Mk ~11 mon~Y ow~d by th~ 8ank a ~y cap~c{ty to ~~ch and sriy Maka, ~nd the Bank shalt b~ dNm~d to have exerci~d wcA ripht ot ~i ott ~nd to Mv~ mad~ ~ N?~rp~ ~psimt ~ny wch moMy m~„ed~atefy upon th~ octurrent~ pf wth delauh tv~n thouyh suth ths~p~ is m~de a tntend o~ the books of tM B~nk wbsequent M~nto.llnl~ss the Colt~t• e~~i i: ptrisA~bl~ o~ threstent to d~clin~ tpt~dilY in vslw o~ is ot 1 tl?ps custOmuilY sofd wi ~ reto~niu~d msrk~t, th~ 8~nk wili yiw~tM Maktr riisoraW~ notice • o~ ~ ne time snd p~~c~ of ~ny puDlic ssN th~rwt o~ tM tirtM ah~r whid~ ar~tr pi++?an ~a~~ a sny. o~ha inundad dlsposlticn thK~ot it to b~ mad~.•The requi~~• ~~~eni of reasoo~b~~ ~otio~ shN~ b~ m~t if,wt?~ nOt~ B mai1~0. posts~ prep~ld,;tOanY Nbkt~ /t iM ~ddt~ss piwq below oi71t any_ot11K sdclrt~s thowA al tM ,«u~ds ot th~ _B~nk,.~t I~es~ 5 day:.belo~~ thi fim~ of th~ ~al~ or dispos~,~ion:.-i~:dispo;itioi~ oi any Coll~c~ra~ sltN the oau?r~ oi any d~fiult, ihe , ~ o~,i ~qo~s shd) bs ant! remsin ~ointly,~nd s~vs~~lly~iabk fa any deticiency: TM:~ank sAall,xcount-lo tM Ma~ctr tor u+Y'surplui~but the B~nk shsll.have th~ righi ~ ~ 3vo~v aN or a~y part oi such iurpius (w hold the s~m~ ~'s i riserve _s~inst) ir?y in~l ~II ot1iN Iia4ilitie~ oT eschincl a~y Oblgor to ihe Bank: ~he Olilipo?s here-` - t,y„a~veanYriqhtsofted~niPtionsfte~defsult:_ ;i !7~ 1~t~ itl:;ij±..._.{E!-s: _ 1~;_.-2~ :t;_ ±,~--i,!^ (~i ai~ parti~s Iiabl~ ta the p~ymeht and colt~ciion t~r~of: 1/1~apiN to_pry' illixpensa incurr~ o: Ps~i m che p.otec:iv~ o~~caiii,a`s~ oi•th! MfOrtlfM~?t h~rh c~~. ~•,hether Ihe Bsnk.is obligs~ed t1~e~~toi or not, inNudieg iuorn~y's Itis pu~l ~010Xof tM ~inouM;in defsult or wcl? I+rpir ~mount ss ir?~Y b~ ~essoasbk t„- serv~ca and ~xpens~s incwrod in the entorcement hereol eitAer,prw.'a.'subsepuei+i io.judprnent s~id whsther in judci~l_proc~ed~ngs'o~ otherw~se; end dso in,,se costs, expens~s s~d .easonsble attorney's lees incuired iri appellate p~ocradinQs;'(?I waive prese~itment~to._payment, demsnd, notic~ of'pori•paymeni. ~.~t ~ce ot protest and proteit oi tAis Nota; I3) consent to and waive notice o~ ariy and sll renewsls oi extensions o~ time. waiveis, or ~Tioditiqfwns th~t nuy b~'.- _ g.,~red by the Bar~lc with respect to the payment or other provisioos o! tAis tJote or to the relesse of e~y Obligor or the Collatersl nr ~~~pait tAereot, with or _ i huuc substituuon; ar?d 1~l.sq~ee ihat sAditio~al mskat, e~+dor~t; gwrantors or iur~ties may become pa?ties hereto without notiu to them o? sNactiny their - . I~:LJity hOrlYf~dlr,- ~ , '1: . ' . - . . _ . . _ _ _ - - _ , 7ne 8ank may at any time in its sole`discrstion compromise, terile or,exlend the time of psyment ot snY Ol the dertwnds or obhystions, represented by eny ; ~,i cne securi~ies pl~ilged M~eunder and sll~of the,psrt~ ?iable tor the pavme~ther~ol.hereby mske, constitute snd appoint the 8aok his o. their t~ue and lawful torney 1or.this purpose with.fu~lpowsr:arid suthoriy "to compromise, settle ai~extead psyme~t of said demsnds ~ oblig'siions i.id to scquire, satisfy oi da- cna~qe the ssme of ~eco?t1 or otANwis~ bs tM psttiti I1sbM"fo? ihe psymeot o~~cottect:qn hereot mght or could do if personally pretent. The Ssnk shsll not be ~ _ - un~er any liabilityyw obligation to ~w c~e sny_steps whstsoeve~ to~ix iny~isbiiity i?pon or to co{ieclor lo enforce paYrrtent P~ ~V ob~ipetio^ P~4~ ~~~h? _ re~eunderwhet~erbl?9ivi~ganynotice,P~esentie0.demai~dingWYrnent.'p~otestirq,inst±tut~~gsuit~oroiherwiss~t~-~;tt~= l;;^- .j;i~ - - , ~ he Bank shal~ ooi by any act ot omission or cbnunisiioo bideem~d to waive iny of its ri¢?to or, ~emedies hereunde+ ynless such wiivei shall be i~ writing = a~? s~gned hy~tAe Bsnk and tAen only to the extent speciticalbr set:t9rth iT~rein :'_iiveiver b~ ooe ev¢nt shsll_ not tk"tonstruqd es cOntinuing o?,ss ~ ba~ 1o_w - ..o~.~e~ oi such iight oi remedy.on a subsepuent evenL ` . . ~ , ~ - - ~~t~,~ ~.....1:.-~i~~= ~ ; ~_•t. ~i! t j :.'~.;i•-'•~:t-- -s . The hab~l~ty o: ¢xh Obligo~ sAa11 be absolute and uncon~fitiooal~and without ~egard ~o1he tiabdity ofeny_other i>s~tY,hento. Any notice sMaQ b~ witiueot _ ~y se~~-ed upon all Obligors by urving such nOtite upon a~y One Obligor. Ths notics shatl be wfiiCiently_served it plsced in tAe msit, posta~e prap~~d..sddress~d_ _ w left upon the premises ot any OW igor at any address thown ot?~the Baok's-records. - ~ ~ ' ~ ~ ~ ~ _ j ` - ~ f - : t. = ! = + : ~ - i: = - - ~ - - . ' ' , _ ' t: = ~!1- il~ ~ii._ :t.__ :t = ''f '•itt -•~1! ~}~~_'~~~t•~- - fF ~ ' - ' - NOTICE: SEE OTHER SIDE FOR IMPORTAN'(.INFORMATION',, .t::-'~,j~ - " • : . - - ' .i. _ r _ - _ - . - - . ' . - . . . . . . -;fi~- ~°1~~-•i!.-- r~v.;l,~.1! t f ~t~ . . . = . EACN MAKER ACKNOWLEOGES FiECE1PT OF A CONFORMEO COPY OF THIS NOTE ON THE ABdYE~DA7E..'_ 't:,'~ '~~,'-~i.~'~_' : _ _ ~ - . _ - ~t~^ ' t, - - ~I; _ . - ~i~•_ " ~~i _ , _ . • . - _ . _ ' - - i. - - ';f - ~ „ ~c - • - . ~ • . ' - _ • ' - ~ • ' ' ~ ~ _ ~ ' i', _ . • - ~ - ~ - . - ~ . - . . , . - . . _ . . _ ' . ~ ~ . _ ~ ' - ~ _ . . ^ ' = _ , . _ ~5~8 Laurel Ln- _ ` _ ~ _ ~ ~ _ _ _",ISEAL) _ ' " _ _ _ - _ - - - ADORESS ~i _ , t'` _ ~ _ S~ NATURE.OF MAKER_ . ~t _ :R/obe T.- ~ei.d _ ~ _ _ . _ - ''~st Pa~T 'BeaCh ~1..:•3340b, _ t?. ~+i.= ItfISEAL; A.. ~c:;_~ ' - - . _ _ - - _ - AOORESS. . ' - = ti~•= i • SIC~iVA7URF~-0F_MA ER.: • . _ - , _ _ ; _ ;t~-•s: - i~,- ~ ~ - :st =~a„•._•,j,•- ~ =~le~da.~e~+d-= :i: ~ _ r!~ '~:i= ~ _ , _ : : _ ' - - • . 7:1- - t~- . ~ . r ;i` ~ i; .7~ t. ~1:-- ~i~ :i• - •i~i"_~~~1~ •i'i' - ' , - - . ' - - - - ' ~ . - - ' _ ~i' - ~e:~"--ij~ - :}i ;i , - _ _ _ ' _ _ . _ ENDORSEMENT t° - '+;i~ 't: _ _ - i~ addit~on to the liabilitv es endorsen, which ihe unden~9ried Fitreby aswme; tOr vatue reoe~ved and inLend"erg io~e legeily bound. the underiignstl {aod it e cnao one, each ot [hem jointly and severaUy) ~a) hereby unconditiooally ~uarantee the paymentaf.-~e within Note ar~slt sxtiniwns_or-renewals~thueof at? cums payaWe under or by vinue ihereof-includirg, without.l~mitaiion~a0amounisot.pr'uicipslai?dmterests~datllxpanses~incl.itfinysttorneYs.fees, .,~:e;ne+ i~c~~red in triat o? appellate proceeding~ ioeurred in tho colleciion thtreof,-tAeenforoertwtft o} ?ights thsreunder orwith isspec[ W any, seturity ifitre. - t,• and the enfo.cemcnt he~eof, an~7 warve p?escntment, demand, oot'~oe v~lfishonar, protest; not'we of promt and iU othe. notioec whitsoere~rand (b) conse~t ~,a agree tha[ they are bound as Oblgo.s under Me terms oi and,sre wDjeti toell.provisions set torth on_the fxt of said Note si futjy as thougA thelr were each - _:~a ker ihe.eof, snd to the exercise by tAe holder of each artd everylight therain set'fwth or permitted by 1aw, a11 rrithout notiCe to or_consent oT at~d vriMouf ~`tect~ng the lisbility oi the vndersigrted,-a~d fv*tber cor?sent and ag+ee t~ist.arryof'the undeisignedmay be wedbtr the #+older }~ereof with oa.witfiout joining = a~,y ot the other endorsers or Makers of said. Note and without tirst oriontert~waneoui~y suing arry wt3~ other persor~s, ar othe~wise seekingorproceeding to - : ._:s~tiromthemoranyottAem. - . - , - ' _ - - ~ ~ - ~ _ ~ - . _ . _ - ; _ - - ' : - . _ • _ - _ _ - . - - ' - - ~ ' - . ~ . ~ . . . ~ ~ , ~ •t. ~ . ~ _ 1 T _ ~ . ~ ~ - _ - _ _ _ •ISEAU` - _ - _ . - ~ _ - _ - _ - _ . _ _ _ _ ADORE55 _ _ _ _ - - "SIGMATURE OF_ GUAitAN70R _ - - - - _ _ t;{~_-'s!`}: :7:- • - _ ~ '.r', _ • - . _ - - ~ i' ~e - _ . . _ ~ ~ !~i ~'f:~ ~ ~ii (fi•-- •i' -•t:i~~~~' •~tl~- i. : . - - . - - - . ~ - - V i, ISEAL~~ - - r _ • _ r t ^ - . _ . • AU~RESS ` - _ - ~:i-`'f~ _ _ S/GNATIlREOF"CiUARANTaR--~-• _ - , _ _ _ - ~r.~• i:t~' --~R~1` ~~~"~~t- ~i2•~ 1~f~ ~;?'•1:i~`i~;~~l3~^"ylt-- ~~i~ ii'- = _ ' - , ~~i= . _ e =:~;~jir~_ ~~~~='1?;---ijf =ij.•~'~::-.ii'„~t~~'?~t~~,~~~!~~_.__:ii . . - ~ - _ . - • ~ . _ ~ t ft~~~ i~1_- ~ei,~,it~•~- . _ li~ = - , - ~ - . , _ . . ~ • . ~ ' _ it'~.~.•i~ •/i ~_•fi~ ~ . ~ ~ ~ ~ie ~ ~tit ~ ~ ~ . . - _ - ~ ~ ~ ' i. ~ _ ' ~ . ~ ~ ~t'. ^ _'I t! - ~ 1 ~ . • ~ ~ - ' • _ . - • . ' ~ f'i~_•!i . . ?1 / t• . _ . . . ~ ~ ' ~ ~ t ~ ~ ' ~ ~ ~ ~ ~ _ ~ . ~ . • . _ .1. ~ .i. ~-•!f'~_ 3, ~ . ~ . ~ 1S.` ilT~~•~1.~- i~. . _ ~ . - _ ' _ t• - ' ' - . - ~l+~ 1~~•-- i' ?'r- fi' -:7. ~-i~~._.Ijl• ~~1- :?1 1'..~ ~ " . ~ r ' ' . ` . •!S• •i• _ . _ ' j~'. .i~ i~• •i~' '3~' •ii•-- I:' •-•i _ . . . ' ~ • . _ . " ~ ~ ~ ' - - ~ ' ' _ ' _ _ ' ~ ~ ' • . ~ •ti~'_ . •1. 11~'-~~f _:fi . , ~ , - - _ ~ - . . . _ , _ . ~ _ ~ tl. "~yy t: ' : . _ =1. • . . - . - - . ~ _ . ~ ' ~ - ' - . ' . :f:_''j1~_ ' 1~ Y. t. ' "-t'.-. . ' . - _ _ _ _ . ~ - - ~ _ ' . ~ ~ _ . ' ~ _ .i~ _ _ _ ' _ - . ~ • . ' .i - - ~ - - - - _ _ _ _ _ - _ . - - . ' = ; ; .l ~ _ _ t. 1t7.~•~=~i ~ _ . . . - ~ ~ ~ - ~ . ~ ~•1'. ' ~1 ~ - • - _ ' _ . - . - . _ " _ C - ' . ' . ~ ~ ~ i - . • , - - . . . ~ . - ~ ~ _ • - ' _ ~ _ . ~ - ~ ` ~ ~li: ~ . ' _ ~ ' _ . _ _ _ _ _ _ ~ ' - . ..I i 4 - ~3: " . . ' i - _ ` _ ~ - ' . _ _ _ . ,4 _ 1 - - ~f h••" - _ ~ i~.1-,'t••~i. -~t; . - _ _ tiDF3~~: • = _ - _ - . _ _ , _ . - ~ . ~ . - . - _ _ _ - ' ~ 1f+ j• ~ ~ - ~ . _ _ - - . _ - _ - • = :t. _ ii~~ .`s: :;i = ' _ , = . 'i ' _ _ _ . _ ' - ^ , _ ' _ . . . _ ~~1. " , • - • _ . + _ ' - ,i, ' : ~ , ~~r~Y.,r »3-~.~ . . ?n _ Y i _ : ' _ ' ' _ z~ __._~_.a. -~;~",~..'~.-'~-`a-s~,..F~`~ _ . _ '"~r.~~"~~