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HomeMy WebLinkAbout0456 u;.~on the occur~once of an ~vens ot default, ~~e 8ank may m~titute appropriaN Iaysl p~oceed~nps +pe~nst th~ Oblipan Io obtain ~udym~nt on th~ Nou ~nd/ <•,r~c~is ~ts r~y'hts sod ~emed~es ~s a securau party undN the Flontla Unilorm Commerual Coi1s w olh~r ~pplicab~~ I~w. U tAe B~nk Aat d~mcd ~tull mucu?e •~,pon ~he occurnnc~ o~ ~n ewnt of dN~ult, th~ Bank th~ll Aave th~ rpht, immtd~st~ly a~d without furthe~ athon by it, lo stt o11 ~gainit ihfs Not~ ~It mon~y ;..~~i py ~he Bank ~n any c~pscity to ~sch and ~ny Oblpor, and alco to set off ~geinst all othK I~abiliti~s of ~~ch Msker to tM Bink ~II morwy uvwd by the B~~k - ~ ,.,ny capac~ty ro each ~nd a~y Maker, ~h~ B~nk ina11 bs d~em~d to have ~x~~cised wch nph~ o~ at oll snd to hsve mad~ a charp~ epainst my such mo~uy ,~,;~~~ed~ately upon iA~ ocwrrenct ol wch delault ~ven thouph sucA charpe ia mad~ a en~ered on th~ books of ~M Bank wbseyuent ~hor~to. Unteu the CoI1s1- ~s uer~shsble or ~hraa~ens to daline spe~dily i~ value or is o1 s type cui[omarily sold oo s recopni:ed msr~at, trs Bank wlil pive the Maker rsaso~able nptice ~ne t~me and o~sce o( any pi,blic sate th~reot or th~! iime stter which sny.piivatt sale oi eny other'intend~d dispositjon th~reol i: to b~ msd~. TM ~equ+re- - ot ~easonable not~ce shslt bi rtiat tf such~notic~ is msfled, postage prepsld, to any Mak~r at tAe sddreu piven belo~jv or ~tiny other scWrets shown o~ ~he = , ~•~:~~~s o1 ~he Bink, et leut 5 dayi belois tM-lime of iha ssle or d~sposition: Upoo ditpotiiion;ol-any Collat~rsl ah~i.~th~ occurrence~of sny.detault, the ! mi ~.jo~s shall be ~nd remaio ja~ntly snd seve~al~y liabl~ lor any tl~ficis~cytThe Bsnk ahall ac~ount ioah~ INskei (or iny surpfus tiutiM Bank ihall have the iight :,p{,1y all w any part ol such swplus (a hold the same ss i ~eserv~ asainst) OnY ~na alI othe~ Iiabil~Ues oteach and s~y Obliyoi to the B~nk,-The ObliQors fit~e-.-= .~ti .v.,~veanyrghtioi~edempiionsl[ert~elsult: ' " - ~ ! _ ~1,-- 1,!= 1: - ~jti-- I:~~- ip~~--l:f= t~~ - r -tt~-- . _ - - - ~ ' ' ~ ' ~ ' • • . . . . . . . . . . . . • ~ . nu parties baWs for t~e paymem and collectiai hereoi: (t? ag+ee tO~pay sIl ~xpsns~i incu~red or paid in ih~`pioieciion o~ `Collateral or iAe entotcemeM he•e-'~- ~ rlhether the Bank is obhgated thQretw w not; includ~ng attorney's tees equal to 10~601 the amount io defauli or sud+ lar9ir smount ~s may be reasonsble sr~vices and txpenses i~curred m th~ entorcemen[ hertot either prioi_or subsequMt to ~udgmsnt and whethstin,judicial proceedii?gs pi otherwiu. and also . ~r -;se costs. expenses. and reawnable attaneY's lees i~tur?ed in appellste P?aeed~n9s:,(Y) wajve pres~ntrrwqt_fw,WY~ni, cl~mand, notice oi non-paYment: . ~ ~ce ol proies~ and piotarof th;s Note;13) conseot to snd waive notice of any and all're~iewals ot~exte~s'~ons pt tirt~C, waiv4rs, Dr +nodiiKation~~thet may Oe :~nteA by ~he Bs~lc with respect io ~he.payment_w oche. provision: oi~this No~e or io the relesse of s~y'Ob~~gw oi 11N Coltaterpl or any psrt the?~of, wicA o. • n;.u~ substi~ut~on; end (4) agree that adduional make~t, endorsers, gwrantors or suretiei may become psr~ies hereto withput noi~te to them w aHecti~9 their ,!,~i~~yhareunder. ' , ` _ - . - • - . : ~ _ _-_t' . = J;c=- t~i--.1~1•• •lf'~"'~f:? ~ .f;~-_; _ . • • • . . - . i i he Bank may at aqy time in itt~sole distretion compromise, setUe or Rxte~d tht timeot payirxnt o1 ~ny of the demands or oWigations, ~epresented by any n' ~hz secunt~es pledged hereunder and all oi the parties liable (or tAe psymeot hereof he~eby make~ constitute and eppoint tht 8st?k,his or their true a~d lawful - ney 1w this purpose w+th full power and author'~ty to comp.omiu, settle or extend payment ot said demands or obligatioos and to acqui?e, wt~sfy a d~s- c n,,~ ~e the same o1 record or.otherwise es the panies liable tor ihe payment or collection haeof miqAf or. could do ji personally present: The Bank shell not be :;~~.te~ anv liabil`ty o. obfigetioi~ to take any iteps wha~soeve. to tix any lisb~~ity~upon or,to~collect o. )o enTorce_payment o1 any oblpa~ion pkdged ss security r" • cunder whether by giveng any notice. presentin9, deri»ndingPaYr?~?t. Drotesting,instituting w~t orotherwlfe. t~•'- ' i= t;: - ' ' The ga~k'shall r?ot_by any act of omission=or commits~on De tleemM to waive sny oi its riy~?tsar,rQmedies hereunder•unless~such waiver shall be in vi?ritin9 - ~n: t s~gned by the Bank~and then only to the exft~t SpecTicslly set• (o~th ~heiein; e_waiver on one eyent ~all.not be co~strued. as continuiny or. as s bar to -or . ^ : ~ ~ ~ - - ' oisuchrightor remedyonasubsequentevenl:. ;~:-li.--:' _ t;. _ ~~:t--~ti: -~t~i--~I~t==~~(•~--~i;` - - . The ~iabil~ty o1 each Obligor ~shall be absolute and unconditionsl and without'regard to the liability'of any ntf~e. par~y ?ie~eto~'A~Y ~otice shsl~ be sutt~crcnt- w ' se-veci upw? all Obligws by serv~ng such notice upon anY one Obtiqor.-The ootrce shall,be wtficisnd` serveH if plsc~d in hemad •postaye prepaid, addressed c,~ ief~ upon ~he P~em~ses of any Ob6gor at any address shown on the Bank's records- = Y i= = i~:. = i:f - . . _ ~ - . - • • • _ - ;~r - • - r _ - ':i: _',r,'~ ''=--~li!_ {"-t3i=- t!~ ~1~ ' s• ' - - ~ _ ~ ' _ ~ . " NOTICE: SEE OTHER~SIDE FOR IMPORTANT~INFORMATION::~~~~'_ ~~~~~~~~t + _ , ; - , _ - . _ _ . fi- l~i.= i; = ~i ~!~f-_-.1.. .t~. .J.' .s`.__ , , - . EaCH MAKER ACKNOWLEDGES RECEIPT OF A CONFORMEU COPY~OF THtS NOTE ON;THE ABOVE DATE:,~~'_:'~.; _ • _ : ' _ _ - ~ 't: _ :ii _ ~1~•.~==-ij,~=-t~:-ti~._~~.i~-- t{i~= t' ' • ' - : - • - . . . . - - - - ' . . - - ~ = • . ~ = - t'`._ .tit_ E'' - .~-=-~~i. - _ . " . - ~ _ ~ - • _ ~ - , _ ~ ' _ • = - , !c : ;i~._ i'"_ _ ~r _ . _ _ . - _ . - ~ ~ . - ~ ' ' . . li~~ ` ~ . . ,}i - ~ : _ ~ . R. ~t2 ~Lot' 47. Windmill Vill'aRe - - ' ' ~SEA~~ = X ~ -~.:/°c,~=l-~~. - . - - _ = . . _ . - ` . ~ _ ApDRESS- i~ ~ ; ~ _ . _ _ S~GNATURE OF MAKER - _ _ " . - , ~ _ •t, _ ~ti;~ _ ~~i, - = t 'j-: _ ,i' ~DO 1 Cr0 - . _ - _ ' _ _ J~TI~EiT'B~'dC . - ~ - - - _ : _ :tSEAU - ~ . . , . A ~ ' ~ ` - - SIGNATURE OF MAKER - . . _ + . ~ ~ !t ~f ~:i•.., i. _{o~ ici _ ~ti' f;i- ty~ ~t~' ii' (1~._._ i ~ ~;t i~ ~ ~ - . . ~ _ :t~_ = f~!~ _ _ .7• •I1: _ ~ _--L~retta-~CX~SS~ ~i .n ii _ • - • -.r - - 4: s: ii! i.• -~t!~--li~-- - ~i . - _ = " ' . =_~i; _ - . . - ~if: _ ~~ii.r~3~~ = 11~~_-~~:~---ti,. .i~ = i: . . _ _ . . _ . • ; ~ - _ ~ - ~ ' " - . . . 'ENDORSEMENT _.t• _ .ii~ •~.•i;i ~.t?i•= ,ti(' _ - - I:•= •r~ = - - - I~~ add~t~on to tht ~~ab~~ity as fndorsers, which the undersig~ed herebji-essume, Tor~valus ieceiveil entl ~i?tendirig to be7ega11y_bpuna, the u~dersigneif (and it= • ~ ~-e chan one, each ol them ~ointly and severally) (a) hereby unconditionalty guacantee the Payment of fhe Mvithir~'Note and a~l.~xtepsions pr tenerra)s tbersqi . ^~i~ sums payable urider or by virtue thereot including, witliout limitation,all amouncs ot:piir~upafand in~eiest andalfexpenses tintTuding attorn~ys: fees; ~ ;.•~~~her ~~wrred in t,rial or appellate~proceedings) incurred fn t1?ecollection 3hereof~_the enfwcem~t of iightt t~ereJ~or wnh respec~'tvamr secunty therr ~ ~..nd ~he eniorcement hereof, and waive presentmertt, demantl, notioe ot tlishona, protest, notiCe otprotes[.and all athernotioes whatsoever;and (b] consent " - f !.+U~ee that they e?e bound as Obl~gors under tne terms of snd~e wbject to alI prov~sions set fOrt!? on tAb (sct~D'! saidNoie uiullyai ihough they were each: ~ ~ ~ _'.':,ke~ ~hereof, and to the exercise by thefiolder of.each and every ijght there~nstt (orth o? permitted by law afl without{wticelo or oonseni oi and wrthout i c; mq the Dabilisy ot the undenigned, snd turthec consent and agree that any of the undersgned may be fued by thS holder he~eof with or without joining _ - ~~;.,t tne other endorsers or Mekers~ of said Note and without fvst or contempwaneousFy ~uing any wdi other persorii; p otherwise seeking or prooeeding to - ~ ~ ~ •er, t~om them or any ol them~ - - ~ _ _ _ _ _ . _ _ • _ 1- ~ t~ ~ _ _ _ _ _ _ _ _ _ . ~ ~~s. "t~~ { _ . - ` ~ :e: ` ~'i~~ , ~ . - i' - _ ^ }•,I ~ S:'-~t~: _ •l_ ~ ~ - ~ ~ ~ _ . f . _ . ' . . _ 7' ~t ~ . . ~ . ~.5~~. . _ ' ~ ' _ . ~ . . _ • , ~ _ _ = AODRE55= t ~ - . _ , . _ - , _ _ . = --51GNAT,URE OF (3UAFZANTU3t t. - _ _ ~ . . , _ l;t• " . ~ j' ~ . _ , • • ' ~ - 'i3 I' ~ _ ' _ ~ • " ' ' i _ _ _ _ _ - _ - -1SEAU - - .--.'+0 = .i! _ _ _ ~ - - ~ ' - - . _ _ _ ~ _ AODRE55 - ` . ~ . - , - , - • .-SIGNA UR ARA - - E _ • _ _ _ t: _ ~ ~ . + _ . =r. .rtrP. 1 _i, ,y~ T E13F.GU NTOR . - ' . . ! - - _ _ ' ~ `'l~_1= ~jt =-:;i 1~! = ~FR ~i _ - , _ : - ~i, - - ~ - ~t. =~ti~-- ::i _~i~4--;?j---~~i--~1~i--~+~~=-l~t--~?f~~= - ; _ . . - ~ ' _ ' . - . _ . . • - _ .1~! - ~1• - .~~1•-'jl',= li? ~ ~1~""'i~~• ~~I°•{+~~- r~ ~ . - S ~ - . _ 4 ' ~ -t,' ' . . . : ~ ~•tli~~ - : . ^ _ ' _•f~, ~ i' r}j~- ~t`!•._ j~t~ ~ ' ~ • 3 . _ . - ' _ ' • _ ' _ ' • _ 1~t ~'il=~~~i-- ii• i ~yi=...:,i,- `~!ys - ~ - _ ' _ . - ~~c _ ~ -'~t-= ii~:_'~i=•=•l~ti---'{r;: .4i~-.f; _ _ . 't - _ . 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