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HomeMy WebLinkAbout0082 _ _ ~ l1Won tM ootu~rN~C~ of ~ twnt of tNfwlt, tM 8a~k m~y iottitut~ app~opri~q IpN procNdinp~ ap~in~t dN Oblipors to obt~in jutlprtNnt on tM Nou ~nd/ or ex~rci» ia riyha and nm~dia a a acu~~d pa?tY undK tM Flaid~ Unifo~m Cemnwcial Cod~ a otMr appliubl~ I~w. If tM Bank Ast dNnwd ~tsNt inacut~ ur upon tM oocurnnq of an rwnt of dtfwlt. tht B~nk ~hall Mw tM ripAt, fmrtrdiaWy ~nd without turd~ action by it, to at oN p~iro~ thb Noa ail rtwn~y ow~d by tM 8N?k lo ~nY c+P~ity to wch ~nd any Oblipo?. ~nd alw to t~t df ap~imt all oMMr IpbflidM ot Neh MdcM to tlw Bank ali momy ow~d by ~M Bank F:, in anY cap~eity to ~ach ~nd any M1kK. ~nd th~ 8ank fhNl b~ dMm~d to haw ucKChjd wd~ ripht of Mt ofi a~d to h~w n~ a d~p~ ap~intt anY iuch maN1r : imm~diitNY ~~wnno~ of ~uCh dd~ult wrn thou~A M+eh dwrq~ h rnd~ Or Mt~nd on ZM bcokt Of tM 8ank wb~qwnt thM~to. Uelpt tl+~ Collst- erol is pKish~bl~ or thn~t~a co d~elir» y~clily in v~iw or is of a typ~ autom~ily wld oe ~ nooYni=~d mKic~t, tM Bank will qiv~ ch~ IM~k~r nrwnabl~ nocio~ at iha tim~ and p1~a of ~ny public s~le tMr~oi w tM tim~ ~ftN which My p~ivat~ ~N or ~ny othN intend~d di~potitio~ MKwi it to b~ msd~. TM rpuin. ; ment of ~N~on~bN eotia ~hall b~ m~t ii wd~ notia is m~il~d. pouspt pnpaid. to sny Mak~r at tM ~ddr~u yiwo t~low a~t ~r?y othK sddr~s shwem on tM reco?ds of tM Bank, ~t Nat 6 d~Vs b~ton tM tim~ ot th~ sN~ a disposition. lipon ditpotition ot ~nY CoNstenl aft~? tM occurrMO~ ot anY d~isult, tM Obli9txs sMll b~ and rMrin jointly ~nd sw~nily lisbi~ lor anV d~ficwncy, fiM 8ank shall ~ccount to th~ M~kK ta a~y w?plus but th~ Bank ~i?~II Iww tM ~iyht co spply ~II a sny pirt ot wch w~plu~ (w hold th~ s~ ss a r~rw ap~inst) ~oy ~nd sll otl?N liabilitia of each snd sny Oblipa to tM Bank, TM Obliqcus herr by waiv~ ~nY rphtt oi nd~mption dqr d~twlt. •-i All pvtiq Ii~W~ fw tM paYma?t and colNction Mnof: (1) ~s~ to p~y sll sxpK?sa inCUrnd a p~id in tM protection of Coll~tsral w tla ~ntort~m~nt her~- - oi, wMthK tM B~nk is oblip~ted tMr~for or ~?ot, includiny ~ttorn~y'a f~es eqwl to 10'X~ot ths ~mou~t in dofsult w wch larp~r amount a m+y b~ naso~abl~ tor servieet and ~xp~nsu intu~red in the ~+tiorctrt»~t Mnof ~itMr prior w wbsqwnt to judym~nt and wMtl»r in judicisl proaedi~ps or otMrwis~, snd alto . ihoss costt, ~xp~ma snd nssonsbb sttarwy's fNt incu?rsd in sppsllate proaedinp~: (2) waiw presMtmcnt tor p~ymH?t, d~m~nd, notia oi non-piyment, noiice of protat ~nd protat of this Note; (3) consent to and wsive ~otice of any and sll re~ewils or ~xt~nsio~s oi time, vr~iwn, a modifiptiont that msy b~ granted by the 8~ic with rapect eo tM payment or oihe. provisions of chis Noa or to Me ml~a~ oi sny Obli~a a ths CoI1~t~~s1 or ~ny part thKwf, wiM or wichout wbaitution: and (41 spr~ that additionN m~kers, endorss.t, ywnnton w wntip mfy b~cortN ps?tia hereto without noti~ to them a atfectirg tMir liability hMwnd~~. ` The B~nk msY at a~y time in its sole discrecion compromist, settk a extend the tims of paym~nt ot sny of the demands or obliystia~s, npnsMtsd by a~y ` ot tM s~cwritNS pNd~d hereundK snd sll ot the psrties liable tor tM psyment hereoi hereby msk~, co~xtitutt snd sppoint Me Bank, his a tMir trw and Iswful ! attwn~y for Mq purpos~ with full pows~ and suthority to cort~omise, settte w extend wymN+t ot ssid der~nds a obligstions and to ~oquin, atisty w dis- charge tM ssm~ of ncord or otherwise ss the parties liable fo~ the payment w collection henof mipht or eoutd do ii personslly pressnt. Tht Bsnk shall not be under any liebility or obley~tion to tske sny stsps wAstsower tQ tix any lisbility upon or to tollact o? to enfotte payment of sny obligetion pledp~d as s~turity , hereund~ wMthK by giviag sny notlc~, pres~ntinp, dem~nding payrnent, protesting, instituti~g wit w otherwis~. =f The 8ank shsll ~ot by ~ny ict oi omission or commisiwn be daemed tn wsive any ot its rights or remedies hereunder unless such wsiver shall b~ in writing and signad by the Bank and the~ onlY to the extene specifically set fwth therein; a waiver on one event shatl not be tonstrued as contirwirp or ss a ba~ to or wa~ver of wCh right or rert~sdy on a subsequent event. . ~ The liability of aich Obligor shall be absolute snd unconditional a~d without regard to the liability of any other party hereto. Any notice shsll ba wfticient- ~2 tY served upon all Obligors by serving wth notiCe upon any ons Obligw. The noiioe shall be wificiently served if placed in the msil, postags Prepaid. addres~ed ~ co, or left upon tM premises of any Obligor at any sddress shown on the Bsnk's records. f NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION EACH MAKER ACKNOWLEDGES RECEIPT OF A CONFORMEO COPY OF THIS NOTE ON THE ABOVE DATE. ~ . t 401 IIpo110 Or., t~s! Pi1¦ ~ach. !L. 3~408 ~ ~ • (SEALI ADDRE55 ~a e~ G OF MAKER (SEAL) AODRESS SIG ATU F MAKER { • Helen L. Jewel ~ ENOORSEMENT ~ In addition to the Iiability as endorsers, wh~ch the unclersigned hereby aswme, for value received and intending to be kgally bound, the undersigned (and it more ~han one, each of them jointly and severally) (a) hereby unconditionally gua~antee the payment of the within Note and all extensions or renewals ct?ereoi j and alt wms payable under or by virtue the?eof inctuding, without limitation, all amounts of principal and interest and all expenses (includirg attorneys fees, f whether inturred in trial o? appellate proceedi~gsi incurred in the collection the~eot, the e~?forcertte~t of righu thereu~der or with respeCt to any security there- ~ ; ; for and the enfortement he~eof, and waive presentment, demand, notice of dishonor, protest, notice ot protest and aIl other notices whatsoever; and (b) consent 't and agree ihat they are bound as Obligors under the terms ot and are wbject to alt provisio~s set fo?th o~ the fxt of said Note as fully as though they were esch ~ ~ a Maker thereof, and to the exereise by the holder of ead~ a~d every right therein set forth or permitted by law, all without notice to or rnnsent of and without ~ af!ectirg the liability of the undenigned, and further oonsent and agree that any of the undersigned may be wed by the holder hereof with or without joinirg ~ ~ any of the other endwsers w AAskers of said Note and without tirst or contemporanaously wing any wch other persons, or othervvise seeking or proceedirg to ~ co~lect from them o~ any of them. - f (SEALI AODRE55 SIGNATURE OF GUARANTOR i' . ~ (SEAL) ' ADORE55 SIGNATURE OF GUARANTOR ~ x ~ ~ ~ ~ ~ a ~ eg R ~ ~ _ ~ ~ * ~ i ~ ~ s ( 3pF~:3i2 V~ ~ ,a . ~ j ~}'h~ A '1 ~ ~ • . _ J t , 1 . , ~ • - - - _ _ _ , _ _ ; - s.~. _ . s . - _ . : . _ , . ~ .