HomeMy WebLinkAbout0549 Upon th~ occuir~ntt of sn ~veM o1 delault, tAs Bsnk may inslituU ~ppropr~at~ Ipal proce~d~~yt ~pamtt th~ Obl~ort to obu~o ~udpmen~ o~ tl~e No~~ ~nd/
exeic~se itt r~ghts ind remedies ss a secu~M Pa~ty undtr Ihe Flaida U~itwT Comn+~rtisl Cod~ a oth~r ~pplicable law. 11 tAe 8~nk h~t dttmed Half insecur~
upon Ihe'occu~~~tice o( sn ev~nt ol def~ult, th~ Ba~k sA~ll haw tM ripht, immMiauly ~nd without IurtM. Ktion by it, to a~ oll ysinst tA~~ Noi~ sll rtwMy
o..ed by the Ba~k in anV cap~city io csd++~?d u+y Obliyo?, ~^d also to set o11 spsi~t NI othw liabil~tia oi esch MakK to ~he Bsnk ~II mo~e~y ow~d by tM 8snk
~n any Cdpetily l0 e0th ~nd any Nlaker, and ~he Bank sha11 be d~emad to hsve txercised such ripht of t~t oN and to heve msde ~ charpe against ~ny wch money
~ mmed~auly upon the occurrenc~ o~ such de(sult ~v~n thouqh such chsry~ is n~ a~+tered a+ tM books ot iM Bsnk wbseqwm thereto. Unlets tlw Collah
e~a~ ~s pe~ishabl~ or lhrestens to declioe spe~dllV in wlw a Is ol s typ~ custornarilY soW on ~?ecopnired rtw~k~t, the Bsnk will g~ve th~ Maker re~sonaDle nolicf
ot th~ titn~ and platt o1 any pu~lic wk th~r~ot or lht time ~1tK which sny privaU saN o~ ~ny oth~t Int~nd~d disposition tMrwt is to be matN. Tfk rsquir~-
men~ of ~easonable ooiice shsll be rn~t i/ tuch notiq ~S m~ibd. posuye p~epaid, to any Maktr ~t ~he ~dd~eu 9iveo bNow w~t ~ny othN ~ddrets ~f+own on tM.
~ecwds o1 th~ Bank, ~t ksst 5 dayt bNon 1M t~ oi th~ s~lt or disposition. Upon di~pptitwn oi_ ~ny Colla~eral. atter tM oaurre~q of ~ny deiwN, ~he ~
Onl~gws shall be end remiin jointly ~~d s~versliy.li~ble for.ar?y dtlieie~Cy. TM Bank ~hall ~coount.to iM M~kti.ior ~ny su~Ptut but_the Bank shsll Asve tM ripht
co apply ~II or any pan oi soch wrplus (a hold the ssir?~ u a.es~rvs pairt~t) ~ny snd ~ll oth~. li~biliti~t of isch snd sny OWip~ co tbe Bank. TM Oblipws herr
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by waiv~ anY riphts ot redemPtioo ~hsr defwlti ~ _ . - _ ~ ~ _ _ ; _ ' i r - ; ~ • - . - - - ~ _ '
Atl parties I~able (or the p~yment s~d cotl~ction Mrwt:.(1) ~pra~ to piy aU ~xptns~s incurred or psid in tM p?ottctio~ ot Coltat~ral or the enforce~ot Aer~-
of, r~hether the 8snk is obli9sted thsrttw oi not. intludinp stto~ney'f hef tqWl to.~OXot the smount in dOt~ult O~ wM Isr~ ~mount 6s msy bt reaso~aW~
'u~ services snd ezpsoses ineur~ed in the Mtorctment heroof ~ithe~ prio~ ~ wbspuen{ lo judyrnent ~nd wMther in judicisl proceed~nps w otherwise, snd slsr
tnou costs, expenses s~d .eswnsbl~ ano.ney's fees incurrsd in sppell~ti pioceedinpi;°1?3 wshrs presentm~nt fa payrrw~t, demsnd, notice oi non•paymene
n~c~ce o1 protest and protest of this Not~; (3) consent to snd waiw notict oi any ind ~ll r~n~rwls or txteniions ot iime, waivers, o~ modi(ications thst may be
.:~anced by ~he 6arrc Ncith respect to th~ pa~irwne or othe~ provisiont o1 this Note or to_tA~ reltas~ ot sny OWi9oi o~ the Oollate?sl or sny part th~reoi, with or
~ hout substitution; a~d 141 sgra~ tMt edditio~+i( mske?t, endorse.s, guarantorf w turtties miy b~corr~e psrtiK het~to nrithoul nolic~ to ihsm or aitectiny theK
i~~t,;tity herlUndM: . • - _ .e,- _ - - - ~ - - _ . - . _ - _ .
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Tne Bank may st any tilrns io its sob discretion comproinise, settk oi extend the time ot payment oi ~ny of the demsnds oi obligstions, rep~esented by any
o} tne secu?i~ies pledged hereunde. and all of lfi~ puties lisbls for ~he paymN+i~hereof horeby make, co~stitute snd sppoint the Bank, Ais w iheir true snd Iswtut
e~! ornly fM Ih?s purp0f! wilh fYll pOVw~ alfd WtAO~fty t0 COlnprOm'tt~. settle o~ extend payment ot said demsnds or oblgations snd to scQuire, sstisty w d'a- ~
chafge the samt ol .eco~d or oihawise ss iht p~*ti~s ti~bfe 1a_ tM paYment a eoflection AKwi mipht o~ couW do i1 pe.sa?ally p.esant. TM 8ank thall ~ot be
under soy tiability or obligatiOn to take s~y stpswhitsorver to fix sny liabitity upon or !o colbct w to enfwq payment of any obliyation pledyed ~s seturit~?
nrreunder whethu by 9iving sny notice, p?eseniin?, demandin9 payment, Protestinp. institutirg suit a otherwis~: - ~ ~ -
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The Bsnk shsil not by sny aet oi omissiOn ~cr eoministiOn be desrtild: to vwivf.'s~Y of'its ~riphts Or ~emedies hereund~t unku such wsivtr sha11 be in writing
a~d signed by the Bank and then onlY to the extent speci(i~slly set.torth iherein; e~waiver. on one~~event shell not be const?ued as continu~ry or as a bar to w~_
w-.~+ver oi suth right ot remedy on s subseWMt event. ~ ~ - _ , . : ' ~
The liability ot esch Oblipor shell be absotute a~d unconditio~sl ~snd wiMout reyard to,tAe liability oi any othet party hereto. Any notice shall be sutiitient-
ly se~ved ~pon all Obligors by serving wth notice upon any one Obligw. The ootice shsN be wtticiently served if_ptsced in tht mail, postsyr Prepsid, addreued
to. or leit upon the P~emises ot a~y Obligor ~t ~ny addr~ss show~? on the Bsrdc's iecordf_ . - - -
NOTICE: SEE OTHER SIDE FOR IMPORTANT.-INFORMATION , " ' _ .
EACH MAKER ACKNOWLEDGES RECEIPT OF A CONFORMEO COPY OF TH1S NOTE ON THE,ABOVE DATE ~
. BUSY BEAVER GENER.AL CLEANING
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4708 Mvrtle Drive ~ - ~sEA~I , L~•' ~C' rl n 2~"
ADDRE55 - • M K R
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Fort Pierce, Florida .33450 - , - . - , ~s~;U
ADDRE55 _ -SHIR~LEY lJ~ K~ividually
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- _ - ENOORSEME~ ' IVEY . W~GGIN , Individually ~
f n add~tion to the liability as endorsers, which the undersg~ed f?ereby aswme, fw yalus reoeived and intendirg to be IegaUy bound, the undersi9ned (and it
mo~ e chan one, each of them jointly and uverally) la1 he.eby vncw?ditionetly gua~antee ihe payment of the within Note and all eKtensiorts a re~ewsls thereof •
and all sums payable under o~ by virtue thereof including, without limitatwn, all amounts o~ prinripsl end iriterest aod all expenses (including attor~eyi fses,
•::hether ~ncu?red in triai o. appellate proceedings) incurred in the collection thereof, tlie eniorcement o~ rights thereunder or with respect to any security therr
i i o~ and the e~iorcement hereof, and waive presentment, demand, notice of dishonor, protest, notice ot protest end all other notices whatsoever: aed (b) corue~?t
; ~ ~d agree that they are bound as Obli~orx under the terms oi and are wbject to all provisions set fwth on the faci of r+id Nou as fully as thouyh they were each
E .",aker thereof, and to the exercise by the hotder of each and every right therein set forth or permitted byJaw, all wiMout notice to or consem of and without
? ~`fecting the liability of the unde~signed, and turther Consent and agree that ar?y of lhe undersigned msy be wed by the holder hereOf with ot without joi~ing
~ ~~y of ~he othe~ endorsers or Makers of said Note and without tirst o. contemporaneously wing aoy such other persons, or otherwise seeking o~ proceeding to
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~ ; o!iect irom ihem or any ot them. „ - _ _ .
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AOORESS • . • - • . - SIGNATURE OF GUARANTOR
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ADDRE55 _ SIGNATURE OF GUARANTOR
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