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Home My WebLink About0115 Upo~ tM occurnnt~ of an wrnt of d~f~ult, tM Bank rt?sy ~nuiwt~ apWO{N~at~ Ipal procMdinp~ apa~nst the Obl~gort to obum ~u~n~ on tM Note and/ axerus~ ~u r~phts ~~d rom~diss ~s a t~tur~d party und~r tM ftorida Unitorm Commtrual Cod~ or oth+r spplicable taw. It the Bank has deemed itself ms~cure upon tM otturr~~cy ot sn w~nt ol d~lautt, th~ 8ank thsll haw tM rpht, immediatNy snd withoul furth~r attion by it, to s~t ofi ~pa~nst thii Not~ all mon~y owed by tM 8ank in any capacity to Nch ~nd ~ny Oblpw, and ~1to to ut ofl a~ainst a11 oth~u lisbilit~~s o1 each Make~ to tM Bsnk ~11 mon~y ow~d by the Bank any cspacity to ~~ch snd any Maku, ~nd tht Ba~k shsll b~ d~m~d to hsw ~xKCissd wch rpht ol ~t otl snd to Mw m~cN a cMrp~ apainu any wcA moMy ,n,med~stely upoe tM occu«Ma ot wch d~fiult ewn thou9h tuch cha~pe is mad~ a~nared on ~he book~ 01 tM B~nk wbseyueni thereto. Unlsss ~hs Collat- ~ e~ai if pN1~11ib1~ Of lhfNt~ns l0 dlCliM fpNdily in vatw or is of a typ~ cu:tomsrily sold on a ncopnized rt?~rke1, the Bank will piw iM MakN ~wsonable ~?otice oi ~he tim~ ~r?d pl~ ol ~ny public tsk tM~wf w tM tim~ sttK wfiich a~y priwt~ s~l~ a ~ny otM~ inand~d ~li~position th~nol is to b~ m~. Th~ rsquire- ,,,en~ ot r~ssaubl~ notiq shall b~ m~i if wch notip a rtwiled. postay~ Prspaid, to ~ny Mabr a1 the addnss giwn below or at any otht~ address ~hown on the ~ records of IM Bank, ~t I~ast S days bsfon tM tims ot th~ sal~ w dispositio~. lhwn disposition of any Collat~~a1 a1tK tM occu~~e~ce o( any d~lault, the Qt~ligors sMtl be snd rem~io jointly a~d s~ver~lly liabl~ tw a~y d~licroncy. TAS Bank shall account to ~M Maka lor sny wrplus bu~ the Ba~k sAall haw ~he r~gh~ co apply all w any put cl wch wrplus (o~ hold the sam~ as a rsserve against) any and slt othK lisbilities ol each and any Obligw to the Bank. The Obligors here- ~y wa~v~ any riphts o1 red~mption ~ItK d~(ault. - All partia liabq tw th~ payment a~d collectio~ hereof: (1) sgrea to pay sll expe~ses ~~curred or ps~d in the protactio~ oi Collsteral o~ tM?e enforcement here- uf, whethe~ thu 8a~k it obligated theretor or not, includirq attorney's fees equal to l0~Ko1 tM amount in default or wch large~ amou~t ss may be reasonable rur serv~ces and ~xp~nsss irxu~red in th~ e~torcern~~t henof either prior a wbsequent to judgme~t and whsthe~ in jud+ciat proc~sdi~?gs a otherwise, and also ~nose cosn, ~xpMSes and rsasonable atto?ney's iNS incurred in appellate proCeedings; (21 waive presentment 1or psyment, demand, notite of non-payment, n~;t~ce of protett and protest oi this Note; (3) co~sent to a~d waive notice of a~y and all renewals or extensions of time, waivan, a moditications thst may bs ~ g~.~n~ed by the BsNc with respect to ihe psyment w othe~ prov~sions oi this Note or to the release of any Obl~gc?? or the Cotlataral or s~y psrt thereot, witA or s „~chout substitution: and (~1 a~N that sddit~onsl maksrs, endorsers, guarantors or surtties may become psrties hKeto without notice to them o~ attectin9 their y Iiabiluy hereunde~. ~ The 8snk msy at sny time in its sole diseretion compromiss, settle or extend the time of payment ot sny ot the dertynds ot obliqations, represented by any ~ ot che secu~itie~ pl~dyad hereu~der snd all of the puties lisble for tM payrt~e~t hereof hereby make, Corutitute and sppoint the 8a~c, his o~ thei+ true and Iawful } attomey (or thit purpos~ witA tull pov~ and authority to compromise, senle w exte~,d payment of said demands a ob~igations snd to acquire, satisfy w dis- cn,~rge tha ssms of record or otherwiss ~ the parties liable for the psyment or collection hereo( mght or could do it pe~sonally p~esem. The Bank sfwll not b~ 4 under any liability or obligation to take any steps whatsoever to fix any liability upon o? to collect w to enforce payment of a~y obligation pledged as security i~e~eur~de~ whetha by 9ivinp any notice. press~tiny, demanding payrtient, protest~ng, institwing wit or othervvise. i The Bsnk shsll not by any sct oi omission or commissio~ be deemed to waive any oi its rights o? remedies hereunder unless sucl? waive~ shall be in wrcitin9 inci signed by the Bank and thN~ oMy to the extent speci(itally set tath therein: a waiver on one event shall not be construed as continuing or as a bar to or v4a~ver of sutA right w romedy on s wbsequs~t evenl. The I~ability ot esch Obligor shall be absolute a~d ur?conditional and without regard to the liability o) any other party Aereto. Any no~ice shall be wff~cie~t• iy served upon sll Obligors by serving sud? notica upon a~y one Obligor. The notrce sh311 be wtficiently served if placed in the mail, postage prepaid, addressed cu, a left upon the p~emises oi any Obligor at any address showr~ on the Bank's records. ~ t NOTICE: SEE OTHER SIOE FOR IMPORTANT INFORMATION ~ °s EACH MAKER ACKNOWIEDGES RECEIPT OF A CONFORMED COPY OF THIS NOTE ON THE ABOVE OATE. ~ . ; ' - 9 i • F 0•t.l• ZZ• ~ ISEAU ~ ~ ADDRESS . SIC~NA Rj,JJ E OF MA R ZO~M<r f. R~l~ J~ii ~Mt`~ R (SEAL) _ ADDRE55 ~ T OF M KER • t i ENOORSEMENT - ; j In addrtion to the liability as endorsers, which the undersigned hereby assume, fo~ value ~eceived and intending to be legally bound, the undersigned (and ~f = mo.e than one, oach of them jointly and severa~ty? la) hereby untonditionally guarantee the payment of the viithin Note and all extensions or renewals thereof = i and alt sums payable under or by virtue the?eof inCluding, without limrtation, all amounis of principal and interest and.all expenses (intluding attwneyi tees, ~ .tihethei incurred in trial w appellate p.oceedings) incurred in the collec[ion ehereot, che entorcement of rights thereunder or with respect to any security there- ; `o~ and the en(wcement haeot, and vraive presentment, demand, notice of dishono~, protest, notice of protest and alt other notices whatsoever; and (b) consent ~ ,r~d agree that they are bound as Obligors uncfer the terms of and are wbject to all provisions set torth on the fact of said Note as fulty as though they were each ~ ~'~^.aker thereot, and to the ezercise by the holde~ o~ each and every r~ght therem set forth o? permitted by law, all without nocice to or rnnseeu of and wi[hout ~ ~'fect~ng the lisbility of the undersigned, and further coruent and agree that any of the undenigned may be wed by the hotder hereof with or without joining i ~r~• of the other endorsers or Makers of said Nore and without first w contemporaneously wing any wd~ other persons, or otherwise seekirg o. proceed~ng to ~ci~ec~ (rom them or any of them. ~ a s n ~ (SEALI ~ AODRE55 SIGNATURE OF GVARANTOR ~ , ~ _ (SEAL) ~ ADURE55 SIGNATURE OP GUARANTOR h ~ ~ ~ 5 ~ ~ • ~ - ~ 5 ~ S ~ - - I ~ _z ~'7 _ tf 600!c ~V~ F~GE 1~5 .s _i ~ :2 ~ ~ ~ ~ ~ ` . _ " _ " ~ .w5 .Y _ ,r' ',~s ` P' ~ 7'~~ ~ !n .~y S y,~",~~ ~..x' . ~ ~',w'.wr. ~ ~ ~~3 ' ~ k . s ~ _ .'im ~~i.C 4t' . 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