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Home My WebLink About0934 - - ' . ~ llpon tM occurnnq of ~n wrnt of d~fwlt. tM B~nk may institut~ appropriat~ Ip~l procNdin~ pai~tt th~ Obliqws to obtai~ judprt~nt on tM Nott ~nd/ . or sxercis~ its ~iphts ~nd r~m~di~s u s s~cund partY undK tM Florida Unitam Comm~rcisl Coi1~ p otMr spplicabl~ law. II tM Ba~k ha~ dt~rnd its~N ins~cur~ or upon IIM oaurttna of ~n wrnt of d~f~ult, tM 8ank sl+~ll Mv~ tM ri~ht, imm~diatdy ~nd witAout /urtMr sctio~ by it, to at otf p~i~tt thb Not~ all mon~y owsd by t11~ 9aok in My CaWC~tY to NCh ~nd anY Ob~ipor. ~nd dso lo qt off piiMt all othK IitbilitNt oi NCh h1~kK to tM Bink sll nlwNy ow~d by tM 8K?k ~n any ~city to ~sd~ ~nd ~ny N4kK.' Md tM Bank ~MII b~ deMmd to Mw ~x~rci~d ~uch rqht of ftt olt ~nd co Iwv~ n+d~ a d»ry~ a~imt ~nY s~+di maNtl imm~diaqlv upo~? tM oou+rnna oi wd~ ddwlt w~n thou~h wd~ cAa~p~ is mad~ w ~ntK~d on tM books of tl+~ Bsnk wbs~qwnt tAK~to. Unl~ss ~ Collat• eral is pNiiMbl~ or tl?tNtN~ to d~clin~ 1p~~dily in va~w o~ is ot ~ typt tuttortwily wld on ~ r~copnii~d rty~k~t. tAs Bank will piw tM MskK nssaubN ~otiq ot cM tirt~ and plac~ of NW public aM tMrwf w tM tim~ ~ttK whicA any privaa sal~ a MW otM? intend~d dis~ition tMrw1 k to b~ rnsd~. Th~ rpuin- menc of ~Mwn~DN notia shsll b~ m~t if wcA notia i~ m~iled. Postap~ Pr~Wid. to any Malc~r at tM add~tss givw+ bNow a ~t aMr otha addrat ~hown on tM ~ccads of tM 8snk, at I~at 5 d~yt b~fo?~ tM tim~ ot the sal~ or disposition. Upon ditposition oi ~ny Collaarsl ala. tM occu~renp of sny d~tsult, ch~ Obligo~s shall bt ~nd ntrwin jointly ~nd av~r~lly liablt lor any defieia~cy. TM Bank shall ~ccount to tM M~kK for sny wrptus but tM Bsnk shNl hav~ th~ rpht ro apply all or u~y part o1 wcA wrplus (a hold th~ isms st a re~v~ spainst) a~ end all otl?N liabiliti~s ot e~ch snd any Ob:iga to tM Bsnk, Th~ Oblpas htr~- by walvr ~ny rghts ot nd~mp~io~ sfcK ~fwl~. All pirtia liabl~ tor tM p~Y~t ~ ro~~~tion I+kwt: (1) apr~s to pay all expensts i~curnd or psid in tM protsction of Collstenl or the ~nforp~nent hen- of, whethp th~ 8~nk is obli~ted tMr~for w not, includinp sttwney i fees eqwl to 10%of tM smoun~ in defaul~ a wch Isrger artwu~i as msy b~ r~ssonsble tor s~rvic~t snd ~xp~n~s incurnd in tM enfwttm~nt hKaot ~itMr prior or wbspuMt to I~~~t and wMtMr in judicial praeeedity~s or otherwis~, and ~Iso ~nose cota, ~xp~nsa and rWSOnsbl~ ~ttorn~y's fNS incu~rod in sppellete Proce~dingt; (2) wsiv~ prestntrn~nt for psym~nt. dtmand, notice of non-payment, noiica of p.ot~st ~nd protat of this Note; (3) consent to and waivs notica oi ~y snd ~II renswalt a ext~n:ions of tim~, waivers, o? moditications tMt may W granted by tM B~~c with rhp~ct to th~ paymsnt or otha provisio~s of this Note or to the reNss~ of ~ny Obligor w tM Collatersl or sny part Manof, wiM or w~chout Mibstitution: snd (4) ~grN thst additionN mikKS, endorsKS, guanntors w surstia msy bstome Parties hertto without notiCt to tAem o~ ~ft~tting their liability IN~WIId~~. ~ . Th~ B~nk mt1/ at a~y time in its sole distrttion tompromis~, settk a sxtend the time ot payment of any ot the denancls or oWpatiw?s, repnsa~t~d by sny a1 ihe s~euriti~s pl~dy~d hereund~r and sll of th~ parti~s ~isbN tor tha psyrtient hereot hereby maks, corocicute and appoint the Bank, his or tMir trw srnf IswEul aciorney tor thit pu~ with full power snd wthwity to eompromise, settle or exte~d psymsnt oi said dert?snds a obligations a~d to soquin, sstisfy or dis- char~ tM sam~ of nco~d a othtrwis~ ~s ths Wrti~s liable ~a tAe PaYmsnt w eollection hereoi mght or could do it personslly present. The Bank shall not bs under any li~bility a obli~tion to tske sny steps whstsoever to tiz any liability upon or to colleet or to e~torce payment ot any obtgation pledg~d as secu~ity hereurd~ wMtMr by qiving any ~otiq. prts~nting. demsndiny payment. Protesting, iiutituting wit or othe~wise. The Bank dall not by anY act oi omiuion Or tommission be deemed to waive any ot its rights or remedies hereurxler uMess such waivtr shsll b in w?iting : and signed by the Bank snd then only to the extent spacititally set fath therein: a waiver on one event shall not be construed as continui~g Or as a bar to or + waiver Ot wd1 rgAt Or rl~Mdy O~ e fubtlqUMt RvRnt. The liability of a~fch Obligo? ~hsll be absolute and unconditionat and without regard to the liabiliry ot any othe~ party hereto. My notite shsll be wtf~tient- iv served upq~ all Obligws by serving wch notice upo~ anY one Obliga. The notice shall be cufficiently se~ved ii placed i~ the mail. postage prepaid, addressed - ~o, or leit upo~ the premises of any Obligo? at any address shown on the Bank's records. i NOTICE: SEE OTHER StDE FOFi IMPORTANT INFORMATION EACH MAKER ACKNOWIEDGES RECEIPT OF A CONFORMED COPY OF THIS NOTE ON THE ABOVE DATE. . ~ ~t ~~0~ 1~ ~s~~ ~~~~~~s~ (SEAI) . ADDRE55 ~u ~5{GNqZ~Fj~_OF MAKER s. 11i~/ ISEAI.I s ~ ADDRE55 ~ ~ RE ~M~r~~'~l~/~~ ~ C~ ~j ENOORSEMENT ~ In addition to Me Iiability as endorsers, which the undersignecl hereby assume, for value reoeived and i~tending to be legally bound, the undersi9ned tand if ! mo~e than o~e, sach oi them jointly and severally) (a) hereby unconditionally gua~antee the payment of Me within Note and al1 extensio~s w renewals thereof i and all sums payable under M by virtue thereot inCluding, without limitation, all arnounts of prinCipal and interest and all expenses (i~cluding attwneys fees, ~ .vhether inturred in triat or appellate proteedings) incurred in the collettion thereof, the enfortement of rights the?eunder o~ with respect to any sewrity there- 6 for and the enforcement he?eof, and waive presentment, demand, notice of dishona, p.otrst, notice oi protest and all other notices whatsoever; and (b) conse~t 1 and agree that they are bou~d as Obligors under the terms of and are wbject to all prov~sior?s set torth on the fact of said Note as fully as though they were each ~ e Maka thareof, a~d to the ezerc~se by the holder of exh a~d every right there~n set forth w permitted by law, all without ~otice to w consent of a~d without { affecting the liability ot the urxlersigned, and further coruent a~d agree that a~y of the undersgned may be wed by tF~e holder hereof with o~ without joining E any of the othe? e~done?s or Makers of said Note and without first or contempo~aneously suing any wd? othe? perso~s, or otherwise seekirg or proceedirg to ; ~ couect irom them or any of them. ; s ~ ~ (SEAL) ~ ADDRE55 S~GNATURE OF GUARANTOR ~ ~ (SEAL) ~ ADDRE55 SIGNATURE OF GUARANTOR ~ ~ ~ ~ a ~ ~ Y ~ ~ ~ ti t ? ~ S r i i ~ s ~ d f ~r. s ~ :S ~ # :.r ~ ~ ~ t ~ ~ ~~CII VIJ~ -~A(',E t~ ' , . ~ ~ .t • < . . ~ ~ _ . : _ . _ .