HomeMy WebLinkAbout2200 THE FOIIOWINO PARAGRAPH ADOITIONAI.LY APPLIES TO ENDORSERS AND GUARANTORS HEREOF:
In addition to tM liability as endorsers, which tM untiersiprted Mreby aswme, fo? vakre received and intending to be legally bound, tM unrMrsipned land it
more tMn one, each of them jointly and swerally) lal hereby become wrety to tM payN of tM within note, iq wocessors, endorsees and assigns, iw tM pay.
mcnt of tM within nog. and Mreby unoortditionally guarantee tM psymant of tM within note and all extensbns a renwwls thereof and all tams payable
undp Or by view thereof indudirg, without Itmiution, all amounts of principal and interest and MI expensq (plus attorneys' fees including wch fee incurred
in appNlatf poceedinps) incurred in tM rollectlon thereof. tM enforcement of rgha dterwndar ar with respect to any severity therefor and the enfacernent
hereof, and waive presentment, demand, notiq of dishonor, protect and all other notices whatsoiver; end Ib1 n~nsent and agree lil that all or any of tM
Collateral may be excMnged, released, surrendered a sold from time to time, (ii) thst tM payment of tM note, or sny of tM liabilities of tM Maker tMraof,
msy tree extended a said note renewed any nurrtbe? of times and (or any period (wMther or not longer than the aipinal period of qid noel, liiU that tM
holder of said note may grant arry rNeases, cortwrovrias a irtdulgenas with respect to ssid rwq or any extensions w renewals thereof a any security therefor
or to arry party liable thereunder or hereunder (indudinp but not limited to failure or refusal to exercise one or more of tM rghts or remedial provided by said
Hotel, and Iivl that sny of tM provisions of said note may be modified; all without notice to a ctingartt of and without affecting tM liability of the undenipr?ed
as endorsers and wreties, and furtMr conuent and apse that any of the urxNrsipned may be wed by tM holder hereof with or without joining any of the other
endorsers ar makers of said note end without first or tx?ntemporaneously wing any such other persons, or otherwise seeking or proceeding to collect from there
or any of them, and without first or contemporaneously undertaking to enforce any rghts with retpecc to sny security.
(SEAL)
ADDRESS ENDORSER ANO GUARANTOR
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AGGRESS ENDORSER AND GUARANTOR
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