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Home My WebLink About0870 t t Upon tM oocu~re~c~ of ~n ~w~t ot d~f~ult, th~ Bank may inttitutt approprut~ Ipal protwd~npt apairat th~ Oblpws to obt~~n judprtrnt o~ tM Not~ and/ ~ exeras~ iu rpha and rom~dies ~i a acund party u~r tM Flaid~ U~ilorm Commtre~al Codt or otMr ~ppl~csble law. 11 tM Ba~?k hss d~n~d itwll i~~cv~~ ; o~ upon tM occurnnp of ~n we~t of d~isult, tM Bs~ic sh~ll hav~ tM riphi, imrrndiuNV and wichoul turcM~ action by it, to s~t of1 ap~~nft tha Not~ sll mon~y ~ owed by tM Bank in sny capseity to tach and snY Oblipor, snd ~Iw to s~t off spaiiut a!1 othM li~bilitia ol ~h MakK to ~h~ Bank ~II monsy ow~d by tM 8ank ~ in any ~p~City t0 NCh end any M~1cK. ux! tM B~nlc shall b~ dNm~d to Mw ~xKCi~d weh rqht oi Nt ofi and to Aav~ n+~d~ a chuq~ p~inst any wc~ mon~y ~ ~mmed'ut~ly ~pon th~ oaurr~np oi wch d~fwlt ~wn thouph wc~ char~ is m~ a~ntK~d on cM books of tM Ba~k wbspwnt thK~to. Unlps th~ Co11a1• # o~a~ is p~rishaW~ or th~qt~~tt to d~t~iM tp~~dily in valw or it ol a typ~ customuily sold on ~ nco~+ii~d m~ket. tM Bank will yiv~ th~ MokK rwunabl~ notia j ot the tirm and pl~ct of ~ny puWic aN tlunol w tM tim~ stt~r whith ~ny privat~ sil~ or anY ottNr internbd ditpotitlon tANtol k to b~ mid~. TM rsquirt- ~ men~ oi ~NSOnaW~ ootio~ shalt b~ rtwt if wch nocia i~ m~il~d, postsp~ prspsid, to any N41u~ ai tM addrets yiwn bNovr or ~t sny othK addnss shown on tM ~ ~eco~ds ot th~ Bank, ~t I~ss~ 5 days b~tor~ tM tim~ of th~ ial~ a dispoution. Upon ditpotition of any Collateral site~ tM occurre+~ce of ~ny d~tault, the i Obl~go~s shall b~ and remai~ ]ointly and stwrslly IisbN for ~nY dtfitiency. TM Bsnk shsll sccount to thi Msker for any wrplus but tM Bsnk sh~ll hav~ thv ri~hht ~ co apply all w sMr part of such w~plus (o~ hold tM ssrtr as a res~rw s~sinst) any snd ~il otF?N liabiliti~s ot each and any Oblga to tM Bsnk, TM Oblgors here- ~ ~y waive ~ny riphts of ~ad~mption sfta d~iwlt, i Au partiss IiabN fa tM psym~nt and coll~ction Mrsof: (1) spns to pay all ~xpMS~s incurr~d w paid in tM ptot~ction of CollatetN or tM ~ntorceR~ent hete- i of, whethe? ths 8ank is oblgated ~h~r~ta a not, ~nclud~nq attaney's fNS pual to 109~iof the amou~t in defaulc o. wch larger smou~t as may bs reasonsWs r ro~ servias and ezpenses incurred in tM ~ntwcertKnt h~hof ~itMr ptior w wbseqw+?t to judyrtront snd wMther in juditial prow~dings w otMrwisa, and also ~ ihose costs, ~xp~ns~s and reasonable atta~ty's i~st incurnd in appellste proce~di~gs: (2) waive presentme~t for paym~nt, d~n?snd, notice of ~on~ayment, ~ notice of prOtlft end p~Otesl 01 this NOte; (3) eonsent to snd wsive notice of a~y snd sll re~ewals o. exansions of time, wsivers, w moditicstions tha~ may be granted by tM 6s~c with respect to tAe psyr?rnt a other provisions ot this Note or to the reNsse of any Obligor or tM Collate~al a ~ny psrt thersot, with a w~ihout wbstitution; and (41 apre~ that additionsl makers, endorsers, 9usrantors o~ suntia may become parties hereto without notice to them w sfiecting thair liability hNlunder. ! The Bsnk m~y at any time in its sole discrstion compromis~, settle w ez~end tM time of psyment of any ot the demands a obliystions, rpnsented by any ot che securitia pledgsd hereunde~ snd all ot Me pa~ties lisble to~ the payrrwnt Mreot hereby msk~, corotimte and appoint the 8ank, his or thtir true ~nd Iawful ~ attorney to~ this purpose with full power and sutAwity to compromise, settl~ w extend psyrt~ent of sa~d demsnds or obligacwns snd to ~oquire, satisfy w dis- ~ cna~ge iM same of recwd w otherwise ss the psrcies IiaWe fw the psymer?t a collection hereof mght or could do it personally present. The Bank sAall no~ be ur,der any liability a obligation to take any steps whatsoever to fix anv liability upo~ w to collect w to e~force payment of any oblipation pkdgsd as secu~ity he~eunder whethe~ by giving any notice, p?esN?tiny, dems~ding payment, pro[esting, i~atitutiny wit or otherwise. The Bank shall not by ar?y act ot omission or tommissio~ be deemed to waive any o~ its rights w remedies hereunder unless suth waiver shall be in vwiting and sigr~f by the Bank and the~ only to the exte~t specitically set forth therein; a waive. on one eveni sAall not be ca~strued ss continuing or as a bar to w wa~ver of suCh rght w remedy on s subsequent event. The lisbility of esch Obligor sha11 be absolute and unoonditiawl and without regard ~o the liability oi any other party he~eto. Any ~otice shall be wtficient- iy served upon all Obligors by serving such notice upo~ any one Obligor. The r?ot~ce shaU be wtficienfly served it ptaced i~ the mail, posW9e prepaid, addressed to, or Ieft upon the premises of any Obligor at any address shown on the Bank's records. NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION ~ z ~ EACH MAKER ACKNOWLEDGES RECEIPT OF A CONFORMED COPY OF THIS NOTE ON THE ABOVE OATE. i s i R ~ ' • i ~ytM/ ~ ~ltS1~~lO~t at~ ~~s ISEALI ~ s AODRE55 ~ G TU M K R ~ ~ a ! (SEALIS # ADDRE55 S AKER ENDORSEMENT In addition to the liability as endorsers, which the undersigned hereby assume, tor value received and intendirtg to be legatly bound, the undertgned iand it ~ m~~e than one, each of them jointly and severallyl (a! hereby unconditionally gua.antee the payment of the within Note and all extensions w renewals thereoi ; ; and a11 sums payable under o~ by virtue thereof intluding, without limitation, all amouncs of principa~ and interest and all expenses (including attorneyi fees, q .vhether incurred in trial w appellate proceedings) incurred in the colleCtio~ thereof, the entorceme~t of rights thereunder a with respect to any secu~ity there- ~ tor and the enfo.cement heieof, and waive presentment, demand, notice ot dishonor, protest, notice ot protest and a11 othe. notices whatsoever: and (b! consent ; and agree thet they are bound as Oblgors under the terms of and are wbjett to all provisions set torth on the faCt of seid Note as futly as Mough they werc each a Make? thereot, and to the exercise by the holder of each and erery right therein set torth or permitted by law, all without notice to w consent of and without i affect~ng the liability of the undersigned, and further co~ent and a9ree that any of the undersigned may be wed by the holder he~eof witA w without janinp ; ~ :,ny of the othe~ endorsers or Makers ot sa,d Note a~d without first or contemporaneously wing a~y wd~ othe~ persons, or otherwise seekin9 0~ proceeding to _ couect trom thtm w any of them. t . i ~ ~ , ISEAU ` € AUDRESS SIGNATURE OF GUARANTOR ~ i t ~ _ ISEAL) ! ADORE55 SIGNATURE OF GVARANTOR ~ i x ; i e s ~ ~ - ~ ~ J G a ~ s .I " I I ~ ~ ;I ; - ~ ~ ~ . - ga~x3U5 ~A~~ 869 _ i j ~ ~ f L. '