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Home My WebLink About2253 Upoe tM ocauraKe of an event of default, tM Bank may institute appropiaa IpN prot~edings against tM Obligors to obtain judgment on tM Nose end/ or exereaa its righa and remedies at a secured perry under tM Florida Uniform Comurtercial Code or other applicable law. If tM Bank he deemed itsNt insecure a upon tM occtxrena of an event of dalwlt, tM Bank shell Mw tM rght, immediately and wiMout further action by it, to set off agairgt Mb Note MI money owed by the Bank in any capacity to each and any Obligor, and also to sat off against all other IiabiHtie of each Make to tM Bank all ngMy owed by tM Bank in any capacity to each and any Meka, and tM Bank shall be daarled to hew exercised tuoh right of set off and to Mw made a MarOe sgairtst any each money immediately upon tM oQCUrrence of each dafwlt veal though such charge M made or antend on tM books of tM Bank wbsegwnt,thento. Unless tM Colla~- ersl aperishable or thrptem to decline speedily in vNw a b of a type cus4orlwily told on • reoopniied market, tM Bapk will give tM Maker nstonable notice of tM time and play of any public ale thereof or tM time after which any p+iwM ate or any other Mtgrdad disposition ttlaeot is to be made. The require merit of nasonabN notion shall be mat it each notice k mailed. postage prepaid. to any Maker at tM addrea given below or at any other addrea Chown on tM records of tM Bank, at k?att 5 days Mfon tM time of tM aN a disposition. Upm disposition of any Collateral after tM occurrence of any default, tM Obligors shall be and remain jointly and sewnaNy liable for any deficiency. The Bank sMll account to tM Maker for any surplus but tM Bank shall haw tM rpht to apply all or any part of such wrplus for hold tM same e a reserve against) any end ell other liabilities of each and any Obligor to tM Bank. TM Obligors here- by waive any rghts of redemption after defwlt. All panic liable for tM wymant and collection hereof: 111 agree to pay all expanse incurred or paid in tM protection of ColtsterN or tM enforoafnertt hen- ot, whether tM Bank is obligated therefor or not, including attorney's fees egwl to 10%ot tM amount in default or such brgar amount a may be reasonaW* for services and expense incurred in tM enforamartt itenol either prior or wbagwnt to judgment and wMthstr in judicial proceedings a otherwise. and alto ehoa txxtp, expanses and reasonable attorney's fee irtcwnd in appellate proceedings; 121 waive Wesentmant for payment, demand, notice of nonpayment, notice of protest end protest of this Noe; 13) coraent [o and waive notice of any and all rertewels a exteraioes of time, waivers, or modifiptiont that may be granted by tM Bank with repect to the payment or other provisions of the Noe or to tM nktase of sny Obligor or 1M Collateral or any part Maeof, wits a without substitution; and l41 agree tMt additional makers, endorsers, guarantors or wntie may became pertNS Mreto without notiq to them or affecting their liability hereunder. TM Bank may at any time in its sole discretion oompromaa, settle a extend tM time of payment of arty of tM demands a obligation, npreanted by any of tM tecwitjas pktdged herwnder and all of Me parties liabkt for the payment hereof hereby make, constitute end appoint tM Bank, his or tMir true and lawful attorrleY for Mis purpose with full power and wthority to. compromia, attle a extend payment of aid demands p obligations and to acquire, atisfy or dis- charge tM same of record or otherwia as tlla parties liablr /or the payment or collection Aereof might~or could do if personally present. The Bank sMll not be under sny liability a obligation to take any steps whatsoever to fix am liability upon or to collect o? to enforce payment of sny obligation pNdgstd ss security haratrrder wMtha by giving sny notice, presenting, de+nanding payment, protesting, instituting suit or otherwise. TM Bank shall not by any art of omission a commission be deemed to waive sny of its rights or nmediss Mrwnder unless such waiver shall bs in writing and signed by tM Bank and thin only to tM extent specifically at forth therein; a waiver on one avant shall not be construed ss ca?tirwing a e a bar to or waive of wcft right a rtmedY on a wbsaquent event. TM liability of each Obligor shall 4e absolute and unconditional and without regard to tM liability of any other party hereto. Any notice shall be suf~icient- ty served upon ell Obligors by serving wch nwtite upon sM? one Obligor. TM notice shall be wfficiently served if placed in tM mail, postsgt prepaid, addressed to, a left upon tM premise of any Obligor st any address shown om the Bank's records. NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION EACH MAKER ACKNOWLEDGES RECEIPT OF A CONFORMED COPY OF THIS NOTE ON THE ABOVE DATE. (SEAL) A ES SIGNATURE OF MA R ISEALI ~ AOORESS IGNATURE OF MAKER ENDORSEMENT In addition to Me liability as endorsers, which tM undersigned hereby assume, for value received and intending to be legally bound, the undersigned land it more than one, each of them jointly and severally) (a) Mreby unconditionally guarantee the payment of Me within Note and all extensions or renewals tflereof and all wms payable under a by virtue thereof including, wiMout limitation, all amounts of principal and interest and all expenses (including attorneys' foes, whether inwrred in trial a appellate proceedings) incurred in tM collection thereof, the entorcarrlent of rights therwnder or with respect to sny fewrity Mere- tar and tM enforcement hereof, and waive presentment, demand, notice of dishonor, protest, notice of protest and all other notices whatsoever; end Ibl consent and agree Mat they ere bound as Obligors under tM terms of end are wbject to all provisions set torts on tM fact of said Note as fully ss Mough they were each a Maker thereof, and to the exercise by the holder of each end every right therein set forth a permitted by law, all without notice to a caaent of end wiMout affecting the liability of the undersigned, and funher consent and agree that any of the undersigned may be wed by tM holder hereof with a wiMout joining ~ any of tM other endorsers or Makers of said Note and without first or contemporaneously wing any wch.other persons, or otherwise seeking or proceeding to collect from them a any of them. f ISEALI ADDRESS - SIGNATURE OF GUARANTOR ISEALI ADDRESS SIGNATURE OF GUARANTOR - - `s "`s . .•1l _ ~ _ ~ ~ ' ~ f` - ~