Loading...
HomeMy WebLinkAbout1555 _ THE FO~LONIING PARAGRAPH ADDITIONALLY APPLIES TO ENDORSERS AND GUARANTORS HEREOF: In addition to 1M liability as endorsers, which tM undersigned Mreby aswme, (or value received end intending to bt IpallltlZound, tM undersgned land if more then one. each of them jointly end eaveralNl Isl hereby become wrety to tM payee of tM within note. it{ successors, ex+dwsees and assgns. for tM pay- ment of the within note, end hereby unconditionally guarantee tM payment of tM within note end all sxtenslone or renewals thereof and ell sums payable under Or by virtw thereof includirq, without limitation, all amounts of principal end interest and all expenses (plus attorneys' lees including such fees incurred in appellate proeeedinps) inctirmd in tM collection thereof, the enforcement of rghts therwnder or with respect to any teCUrity therefor and the MforoanNnt hereof, end waive presentment, demand, notice of dishonor, protest and all other notions wMt:oewr; and Ibl consent and spree lit that all a any of tM Cotlsteral may be axcMriged, mleasad, wrrendered or sold from time to time, (ii) that tM payment of tM non, a any of the liabilities of tM Msker tMreof, may be exter?ded a said note renewed any number of times and fw any period IwMthe? or not longer than the orginN period of said note),~liiil that tM holder of said note msy grant sny releases, oomproptites or indulgences with inspect to said note a any extensions a renewals thereot o? sny security therefor or to sny party IiabN thereunder a Mreunder (indudirg but not limited to failure or refusal to exercise one a more of tM rights w remedies provided by said Hotel, and (iv) that any of the provaiau of said note may be modified; all without notice to a consent of and without affecting tM lisbility of the uncNrsigrted as endorsers end wreties, and furtM- consent and egret that any of tM undersigned may be wed by tM holder Mreof witl? or without joining sny of the other endorsers or makers of said note end without first or conamporsneously wing any such other persons, or otherwise sNking or procading to collect from them or any of them, and without first or contemporaneously undertaking to entorce sny rights with respect to any security. (SEAL) ADDRESS ENDORSER AND GUARANTOR _IS LI ADDRESS ENDORSER ANO GUARANTOR i I i~ f ' L f i i I 4 s . i 7 f 5sq 4 . ee~~ i bOGt~ e)ll~ ?ACf {