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Home My WebLink About0650 i 3 Upon tl+~ occur~~~?cs of an ewnt o) d~fault, Ih~ 6s~k may ~n~tituts spp~~~an Ipsl procNdu?p~ spainst the Obl~go~s to obu~n judprrw~t oo tM Not~ and/ ' axerc~~ its riyAts and nm~dws ~s a s~cur~d partY undtr the Flo~~da Un~tam Commerual Cod~ w otMr ~ppliwble iaw. U ~M Bank has dwm~d its~lt insecur• ~ o~ upo~ tM oaurr~nc~ ot ~n ~rnt ut d~fault, tM Baek shall hav~ tM ripht. imrtwdiuNy snd without turthK ~cuon by ~t, to iai o1t sgainst this Not~ all mo~ty ~ o~ved by tM Bank in ir?y cap~c~ty to tad+ and anV Ob~go~. ~nd a~so to set oH aqaiMt all othK liabiliti~ ot Nch M~kN to tM 8ank sfl moMY owtd by tM Bsnk : ~n any tspKity !O ~aeA ~nd ~ny Miktr~ and tM Bs~k ~Asll b~ dNmed to have ~x~rcieed wch rqht of ~t oit ~nd ~o Mv~ mad~ a ehar~ ag~intt ~ny weh monw ~ ~r„mediatNy upon th~ oecur~~nce of wch dd~ult ~wn thouqh :uch chuyt is ma~ a en[ersd on tM books ot tht Bank wbspuent th~r~to. Unltss tM Collst• ~ e<<+i ~s p~rishabN or thrqt~ns to dalint speedilV in valw a is of a typt customuily sold on a r~eoyr?ii~d rnuk~t, ihe Bsnk will yiv~ tht MikK r~swn~bb notic~ ~ o~ ~hs tim~ and p~~ ot any public saN therwl a tM tim~ afar which a~y privat~ sab or any otMr int~nd~d disposi~ion ihKe~f is to b~ mad~. TM rpuira men~ of rwsonN~l~ nouc~ s1?all M m~t i1 weh notic~ is m~il~d, poi[aps prpaid, to any Miker st tIN addrtss qiwn below a st any otf»~ addre~s shown on tM ~cro~ds ot tM Bank, at I~ast S daYS btfon tl+~ tirtw ot th~ sal~ or dispos~uon. U{wn ditposition of a~y Collateral atter tM occurre~a o/ any d~fault, tM Ot~l~gors sMll b~ s~d rem~in jointly snd s~vsr~lly liabl~ for ~ny dtf~Nency. TM Bank sAall ~ccount to the Maker for s~y wrplus but tM 8ank shsll Iwvr tht riqht ~o apply afl a ~ny put ot wch wrplus (a hold th~ same as a r~serve syai~st) sny and al1 othK liab~liti~s oi esch and any Obliga to t1~e Bank. Tlw Obli~ors here- by warvf any Iiphls Of r~mpuon sltM d~l~ult. All puti~ lisbl~ tor tM psYm~nt and collection M~eof: (1) spns to pay all ~xp~nses incurred or psid in the protaction oi Cotlatersl a tM sntorc~fr?~nt here• ~ ~,r, whethK tM 8ank is obli9at~d ther~fa o~ twt, including sttwney's fees eqwl to lO~Lot t1N amount in de(ault w such larger amount as may b~ reasonable tur servit~s snd ~xpl~+sK inturred in th~ entwttrtN~t h~nof either prior w wbsaquMt to judgrnent and wINtA~r in judKia~ Moceed~n9s or otherwise, and also ~iK inose costs. ~xp~~s and ~easonaWe sttaney's t~ss i~curred in sppellate proceedirgs: (21 waive prese~trt~t ta paY~nt. dert?and, ~otiee o( non-paYment. i nut~ce ot prot~st and protest of tAis Nots: (3) consent to a~d waivs notrce of any and all ~enewsls w Rxtensio~: ot time, wsivers, o~ modificstio~s that may be q~~~.ted by tM Ba~c with respect to the paym~nt o~ other provisions of this Note or to the releas~ of aoy Obligor or ihe Collateral or any pat thersof, with w ~,~inout substitution: u~d 14) agr~e thst additior?sl msken, endo~se~s, gwnntors a wn~iss may become Partias hereto without notice to them d sifecting their I~ab~lrty h~fWndl~. ~ ~ { The Bank m~Y ~t a~y timo in its sole discntion compromise. settk a extend the time o( payment ot ,nY ot the demands o~ oW~9ations. r~esented bY a~Y ~ et ~he s~curiti~t pl~dp~d haeunde. s~d all ot tha ps?ties lisble to~ the payment hereof hereby msk~, constitutt and sppoi~t the 8ank, his o~ tMir trw snd Iswtul ~ a!:orney fot Mq purpose wiM full power and suthority to compromise, settle w ezcend payment of ssid demstnis or obtigations and to sWui?~, satisfy or dis- ~ cnarge ths same oi rocord or othervmse as the parti~s lisbte ta the psYment w tollett~on hereof mght or tould do if pe~sonally prese~t. The Benk shsll not be ~ ~~n~ier a~y liability w obligatio~ to tak~ any steps whatsoeve~ to tix a~y liability upon o~ to collect or to e~fo?ce payment of any obligstion pNdgsd as seturity f ne~ eundsr whethe~ bY 9iving sny notrce. presentiny. Wmsnding paYmer?t, protest~rg, ~mtituung wit or othtrw~se. ; The Bank shall ~ot by any act ot omiuion w commissio~ be deemed to waive any of ~ts riqhts or remedies hereunder uMess such waiver sAalt be in vwiti~ .,r,ci s~gned by tlw Bank and then or?ly to the exttnt speci(icallY set twth therein: a Nraiver on one eve~t shall not be construed as continuing w as a bar to w ; 4 .tia~ver ot tuCh right o? remedy Or? a:ubsequMt Rvent. - z The liability of each Obliga shall be absolute and unconditional and without regard to the liability of any other party hereto. Any notice shall be wtficient- 3 ~v served upon sli Obligors by se~ving wch notice upo~ anY one Obligw. The not~ce si?alt be wtficiently served if placed in the mait, postage prepaid, addressed or leit upon the premises of any Oblgw at any sddress shown on the Bank's records. NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION EACH MAKER ACKNOWLEOGES RECEIPT OF A CONFORMED COPY OF THIS NOTE ON THE ABOVE DATE. ~ ~ I ~ . ¢ ~ s 29~ 0i~~0~ ~~+0 ~~ss ISEALI • AOORE55 ~ E OF MAKER iSEAL) s ADDRESS . . _ '~a ~ ~ OF MAK ENOORSEMENT ~ ~ Ir addition to the liability as endorsers, which the undersigned hereby aswme, fo. value received and intendinp to be legatly bound, the undenipnecf land if ; ~~o~e ehan one, each of them joinNy ar?d severally) (a) hereby unco~dit~onally guarantee the payment oi the v+rithin Note and ali extensia?s w renewals thereof ~nd all sums paysble under or by virtue thereof including, without lim~tation, all amounts of pri~cipal and inte~est and all expenses (including attorneyi /ees, _ ~:hether inturred in trial Or appellate proceedings) incu.red in the collection thereof, the enfOrcement of rights thereunder o. with respeCt to any security ther6- ~ end ihe enfwcement hereof, and waive presentment, demand, notice oi dishona, protest, notice of protest and all other notices whatsoever, and (b) consent ~ ~-~~i agre~ that they are bound as Ob~gon under the terms of and are wbject to all prowsio~s set forth on the fact of said Note as fully as though they were each ' !~+aker the~eof, and to the exeruse by the holder of each and every ri9ht therein set torth w permitted by law, all vnthout notice to w rnnsent of and without t i ~ ~i+ectirg the liability of the undersigned, and furthe~ consent and ag?ee that any of the undersigned maY be wed by the holder hereof with w without joining ~ ny ot the other endorsers or Makers of said Note and without first o~ co~tempwaneously wing any wd+ othe? persons, or oiherwise seeking or proceeding to -:;~iect trom them w any of them. ~ ~ ~ I (SEAL) ADORE55 SIGNATURE OF GUARANTOR ~ $ ~ (SEAL) ~ ADORESS SIGNATURE OF GUARANTOR ~ ~ z R ~ F.~$ ~ ~ ' n ~ ys' r~ ~ a ~ ~ z; . ~ - - ~ SOOK W~ ''AGE V~ ' ~ 's S '~.~a' t : ' ~ i . \ ~ . f.. ~ 1 ~'s~a T- . . _ . , . . . . . - . ~ ' ~ . ~ ~ ~ < , _ ~ .:Y°~h