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HomeMy WebLinkAbout1572 THE FOLLOWING PARAGRAPH AOOITIONALLY APPLIES TO ENDORSERS ANO GUARANTORS HEREOF: In addition to tM liability as endorsers. which tM undersigned Mreby sswme, tar valve received and intending to be legally bound, tM undersigned land it more than one, each of tMm jointly and averally) Ia1 hereby become wrety to the payee of tM within note, its successor, endorsers end assigns, for tM pay- ment of tM within rate, and hereby unconditionally gwrantee tM payment of tM within note and all extensiona or renewals thereof and all sums payable under a by virtue tMreoi including, without limitation, all amounts of principal and interest and ell expenses (plus attorneys' fees includirg sueh tees incurred in appellate proceedings) incurred in tM collection thereof, tM entorcenrent of rghts tMreunder or with respect to any security therefor and the enforcanant hereof, and waive presentment, demand, notice of dishonor, protest and all other notices whatsoever; and lb1 consent and agree Ii1 that all o? any of tM Collateral may be exchanged, released, wrcendered or sold from time to tint, liil that tM payment of tM note, or any of tM liabilities of tM Maker thereof, may be extended a said noq renewed any number of times arxl for any period IwMther or not longer than the original period of said ootel, (iii) that tM holder of said noje may grant any releases, compropasa a indulgences with respect to said noa or arW extensions or.nnewals thereof or any security therefor or to any party I le therwnder a herwnder (indudirg but not limited to failure or refusal to exercise one a mere of tM rights a remedies provided by said Hotel, and livl .that any of tM provisions of said note may be modified; all without notice to or ooraent of and without aftectirq tM liability of the urxkrsgned as endorser and sureties, and turtM~ coraent and agree that any of tM urrdersigned may be wed by tM holder Mreof with or without joining any of tM other erxiorsers or makers of said note and without first or contemporaneously wing any woh other persons, or otMrwise serkirg or proceeding to collect from them or any of them, and without first or contemporaneously undertaking to enforce any rights with respect to any security. (SEAL) ADDRESS ENDORSER AND GUARANTOR _SSEAL) ADDRESS ENDORSER AND GUARANTOR i t i ,l 3 i E t E S {3~ r 1 f { r i S S S 1 3 { i { i Eft i g~x ~l7 ~ 157Z t:H'S-S`