HomeMy WebLinkAbout0478 THE FOLLONIIN~i PARAGHAPH ADDITIONAILY APPl1ES TO ENDORSERS AND LiUARANTORS HEREOF:
In sddition to th~ liability ss endorsK:, whicA tM undxsgMd M~eby sswm~. tor vslw r~pived snd intMdi~p eo b~ Ipally bourxl. tM unds~sgr+ed (a~d il
more tfan on~, ~ach of them jointly sod s~vKallY) fs) hKeby b~com~ wnty to tM paYN of th~ within nott, its suocosson, endorsess and aapns, tor tM psy-
rrum of tM withio not~, and henby unconditionalhl yuarantes th~ payment of tM within noq snd ~11 exa~ulons or r~rwwals tMrwi and sll su~ paysW~
unciar or by virtw thenot includinp, without limitation. sll ~mounts of p~incipsl and intuat ~nd ~II ucp~ns~s (P~us attorn~ys' tNS indudinp wch fep incurred
in appNlsb p?ocNdings) inturred in tM tolbction thereof, tM ~nfo~c~m~nc ot rgha tMrwndK or with nspecc co sny securi~y ~hKdw and th~ eotorcement
hereof~ snd w~iv~ pnse~tment, d~ma~f, notia of dishonor. Wotat snd all other notiop wh~tswv~~: a~d (b) oonsent and agrw li) thst sll w aMr of the
Collat~nl m~y be sxchs~p~d, rel~as~d, sunt~d~nd w sold from time to tirt», (ii) thit dq psyrrw~t of tM note, o~ any of tha lisbiliti~s of tM MakK tM~eof,
may be ~xt~nd~d w s~id note ~enewed anY rwmb~ of timss and tor any p~riod (wMtMr o~ not Iwger than the oriyinsl ps?iod of said noMl, (iii) that [M
holder oi said twM mey grant sny rNeases; cortpromisss or indulyences with raspact to aid ~ot~ or aM? aztensions or ?enewals thereot o~ any tecurity th~refo?
or to ar?~I pwty IiabM thereunds~ or Mrw~ (iodudirg but not limiad to failun w r~fusal to ~x~rciss o~e or mort of tM rights or rem~di~s providad by said
nocel, and ('a) thet sny of ths p~ovisiau ot said nou m*y b~ modifi~d; sll witAout notKS to or oo~sent of and without sifecti~g the lisbility ot the under:iyned
as endorsers s~d w~eGss, ar?d fu~the- conse~t snd s~rree that a~y oi the und~rsipneci msy b~ swd by ths ho1dK her'eof wid+ or without janinp any of tha otMr
endorssrs w mikers of said note snd without tirst o? contemporsnsously winp am wch othK {~rsons, or otherwise seekinp or procesdinp to collsct from ther~
or any of thsm, and without fint w contanporsneouslY undertakirg to entacs any ~phts with respeet to sny seturity.
(SEAL)
AODRE55 ENDORSER ANO GUARANTOR ~
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