HomeMy WebLinkAbout0114 - - ~ _
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U{wn tM oteurrN~e~ of sn wMt qt d~fwlt, th~ 8ank mn/ institut~ appropriat~ ipN p~OCNdinp~ ap~intt th~ Obiipon to obt~in jutipn~nt on tM NQq ind/ ~
or exKCi~ ip ryhq and nm~diet a a wcur~d prty urdK tM Flo~id~ Unifam Comm~rcial Cod~ a oNwr ~pplicabl~ law. If tM B~nk hai dMnwd iaNf in~cun ;
o~ upon tM oocwnna ol ~n w~ot ot d~fwlt. tM 8ank ~hMl h~v~ tM rqht, imrtwdiaalY and wid~out fu~ ~etb^ OY it, co at oH ap~inu thb Noa NI mawy
owed by tM 8~nlc io ~ny aip~city to w~h aiid aiW Ob1lpo?, and aMo to ~t off ap~imt NI othw IiN?ilitia of ~~eh MakK to th~ 8ank NI ma»y owrd by tM Bank
in a~Y c~P~b to Nch ~nd an~ M~kK. and tM B~nk Thatl b~ dwrwd to hw~ ~xKei~d ~ucA rioht o1 ~COff ~nd t0 h~w'e~ a M~ry~ p~inft any weh ~non~Y
~mm~diatNY tM oocw~~no~ of iuCh d~fault w~n Ma+Yh weA du~p~ k m~tb O? ~ntK~d on t!N bo0kt ol tM Bsnk wb~qwnt N+~rtto. UMN~ !M Collat-
cral is pKi~A~bb or MrNtMt to d~clint ti~dily in vNW or ii Of ~ typ~ Cuttortwily soW o~ ~~~COpniz~d mulut, dN 8~?Ic vrill piw tM FA~kM rwto~bN eotie~ }
of che tim~ and p~a of any public aN ~~ot a tM tim~ ~ftK which ~ny priwM ab a~n11 oM~r int~xM~ di~P~tio~ tMrwf is to b~ nrd~. TM nqu~n- ~
ment of ~rbM ~otia shall b~ m~i if w~d~ notio~ it mail~d. Pa~ P~~P~d. to any IN~k~? ~e tM ~ddr~ ~iv~n b~low w at ~~y othK ~ddnu ~I+pwn on tM
~ecwds of 1h~ 8~ok, ~t bat 6 d~y~ b~ton tM tien~ ot tM s~N or d'apo:ition. tlpon di~paition ot any Collatt~d a1tN tM oecwrMw ot sny d~iwtt, th~
Obli9ors sl~lt b~ ~nd r~nrin joinUy uwf sw~~ally Ii~W~ for ~ny d~fic~tlcy. TM Bu~k shall acCOUnt to tM NA~k~? for ~ny wrplus but tM Bsnk thall hsw tM ripht
io ap~ply dl w any part o/ weh wrplus (a hold tM ~ st ~ r~w p~imt) sny ~nd a11 otMr liabilitia of ~acA snd ~y Oblipa to tM BM+k. TM Obltpon A~r~-
by waiw any rioha of nd~mptioo attu d~isult.
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All p~rti~t li~bl~ for the Wym~nt ~nd colt~ction M~wf: (1) ~prN to pall sll ~xp~ns~s incurrM or p~id In tM protection of Colbt~nl or tM ~nioroKn~et hen- ~
ot, wAeth~? tM B~k b oblipst~d th~ntor or not. includin~ attorn~l?'s f~q pwt to 10%ef tM amount in dd~ult or wd~ laryn amount ss may b~ r~swnaW~
f or servic~ snd ~xp~na~ incurrad in tM ~nforqnr~t Mnot titMr prior or subwqwnt to judqrrNnt aid wh~tha in judiciai. procMdinps or otMrwi». ~nd alio ?
~nose cosa. exp~t u?d ~WSOnsW. attorn~y'~ t»s incu~ncl i~ ~ppNl~t• proos~dinp~: (2) wsiv~ prha?trrnnt tor pavm~nt, d~msnd, ratia ot ian-psrm~nt, :
notite o( podit M~d protqt Of thit Nots; 131 cons.e~ io .nd wsiv. notic. of sn~ and di nn.w.~s or ~xun~ns ot t~, wsivKS, Or ~tlodifiCations that m~y bs °
granted by tM B~nlc with r~ct to the payma+t o? othe~ provisio~ of this Not~ or to tla rolpw ot any Oblpa w tM Collateral a ~ny Wrt th~nof, with a ;
w~thout wb~titution; snd (1! ap?u thst ~ddition~l m~k~n, «+dor~n, ~uarsntors or wntia mry b«.~orr~ ps?tia Mreto wi~hout notia to tl~m a ~ff~ctinq tMi~ ~
hability 11N~1111d~G ~ ~ . . . ~ ~
IN O
Th~ 8aqlc m~y n s~r cime in ia soM di~.iion oomprami~, settle or ~xtend th~ tirtN ot psym~nt of any of tM demtndt or oblpitipns, r~prtfMt~d by any j
of the s~curitNt pNdpd her~und~ ~nd sN of tM p~rtiq Ii~bN for tM paYm~nt Mnof heraby msk~, oonstitut~ ~nd appoint tM B~nk, his or tMk tnN and Iswful 1
a~twney tor this purpw~ with full powM snd ~udfority to campranh~• attM or ~xtind paymM?t of ~id d~ or oblipitions snd to aoquin, atfdy or dis- ~
charge t!w ~smi of ntotd or otlNrwit~ a tM parti~s IiabN fo? tM psyrrnnt or toll~ttion hrt~of mipht ot could do it pa.sot?ally praent. Th~ Bank fhall not b~
u,der any lisbility or oblip~tion to ak~ aMr st~ps wMtsoev~ to fix a~y liability upon or to aolNet or to enforet paym~nt ot sny oblgstan pNdp~d as sscuritY ~
hereurxllr wMthK by ~ivinp snY no~~u. P~~cinp, d~dinp wfrma+t, proea~i~g, ies~itutinp ait or othe.wis~. ~
The Bsnk sha~l ~ot by any sct of omissio~ or comrnission be deerned to waivs any oi its riyhts w remedia Mreur?der unless such wnivK shsll be in vinitirg t
3nd signed by the Bank and thM only to tM exMnt ~p~cifiplly aec torth th~rein: a waivar oo a» event shall not be construed as continui~ or ss a bar to or
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Nraiver of suei~ riaht or ntmdy on s wbsequMt ev~nt. ~
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The liability oi s~ch Oblipor s1+s11 bt sbsolut~ snd uncoedition~l s~d without regsrd to tM lisbitity of any other party he?eto. Any notioe shsll b~ wificie~t- ;
iv served upon att Obligors by serviny wch notia upo~ a~w ons Ob~igo.. TM ^etice shall bs wificiently ~e.wd if plsced in [he mail. postaye Prepsid, sddn~sd i
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to, or Iefi upon tM pnmis~s of any Oblipor at sny sddrass showr~ on tht B~nk's retotds. e
NOTICE: SEE OTHER SIOE FOR IMPORTANT INFORMATION - ~
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EACH MAKER ACKNOWLEOGES RECEIPT OF A CONFORMEO COPY OF THIS NOTE ON THE ABOVE OATE. ?
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Z~s T•~~. ~~SQ~ ISEAI ~ ~
ApDiiE55 ~ O M KER ~
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ISEAI ~
ADORESS ~ ~S~G R 'OF MAKER
aN
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; ENDORSEMENT
In addition to the liability ss endorsen, which che ur~rsignad hereby aswme, to? va~ue reoeived a~d intending to.be legally bound, th~ undersigMd (and if s
~ more than ont, esch o1 them jointly and severally) (s) herebY unco~ditanally guarantee tht payment of the within Note and all exte~ions a renewals thereof
and all sums psYable under or by virtue thaeof including without limitation, all amounts of principal and interest a~d all expenses (i~cludi~g attorneys' fees,
` whether incuned in trial or appellste proxedings) inwrred in the collection thcreof, the enfwcernent oi rignts thereur?der or with respeet to ami socurity there-
tor and the enforcement hereof, and waive presentment, demsnd, notior of dishonw, p.otest, notioe oi protest and all othe~ notices whatsoever; and ib) consent
and agree that th~y a~ bound as Obligors under tAe urms of s~d art wbject to all provisions s~t fwth on ths fscc of ssid Note as tully a tt~a~h tMy were esch
~ a filaker tharsof, and to the exercise by the holder of esch a~d wery right therein set torth a permitted by Isw, alt without notice to a co~ent of a~d without
af ieccirg the liability of the underslgned, snd turthe~ ooro~nt and agrae thst sny of the undersigned may be wed by the holder hereof with d without janing
~ any of the otM. endorse?s or Makers oi ssid Note and without tirst a contempo~aneously winp any wd~ othsr perso~s, or otherwise seeking a p~oas~ding to
~ c.oi~ect from them w any of them. j
(SEAU ~
ADORE55 SIGNATURE OF GUARANTOR
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~ (SEAU
~ AODRE55 SIGNATURE OF GUARANTOR
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