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llpon tM oau~r~nq of ~wnt of d~fwit, tM 8snk may institut~ sp~p~oprisa IpN proc«dinpt aWirot tM Obiipas to obtai~ judpm~nt on tM Nou andl
or sxKCi~ its rphts and ~KrndiK a~ weu~~d W?~1? undK tM flo~id~ Unifam Comm~reial Cod~ a otM~ ~ppliuble law. If tM Bank hst dNrtwd itplf ins~cun
or upon tM oceur~~~a oi ev~nt of d~tault, tM 8ank sh~ll Mv~ tM rpht, inrrNdi~tNy and without furtMr aetion by it, to wt off spainst this Nott ~II mon~y
ovwd by ths 8a~k in ~ny cap~city to McA ~nd anY Oblipor. a~d a~w to at off ap~irut ~II oM~r liabiliti~t oi wch M~kK to iM Bank sll moMy ow~d by tM B~nk
in eny c~p~city to ~ath and any MdcK. and tM Bank shNl W dMmd to haw ucKCi~d wch ripAt of we off M~d to Mw m~ds ~ ch~~ p~i~ut ~nY tuth mo~M11
immsdiatNy tip0~~ tM ootu~r~nCe of weh d~fwlt ~wn thouph wch th+r9~ is rt~ or N~tK~d on dN boOkt of tM Baok wbMqwnt MK~to. Unlqt th~ Collat• .
eral is pKi:haW~ a chrwte~a to decli~ rp~~dily in vNw or i: of a cyp~ customarily sold on ~ ~sZopnirid ~irrlut, tM 8~nk will givr th~ NbkN re~sonabq notid
ot ~h~ tim~ ind pl~u oi ~ny public aN cMnot w tM tim~ aftK which any privan saN or sny otlwr iqtendsd dispos~tion thKwf it to b~ m~. TM rpuin-
ment of rwsonsbb ootia shall b~ mst ii wd~ notia~ is m~i1~d, postap~ pnpsid. to sny N41u~ st tM addnss yiv~n bNow or ~t aM? otMr addnss shown on tM
records of tM BM~k at least 5 d~Yt b~ton tM tim~ of iM ssb or disposition. ll~wn di~position oi ~ny Collst~~al aftK th~ occu~r~np of any d~tault, the
Obli9ors sl?NI b~ andrem~in joi~tly ~nd tweally IiabM for ~ny d~ficis~cy. The Ba~k shall eccount to tM Msker fw sny wrplus but ths Bank sh~ll hsvt tM riyht
~o apply aN w anY Part ot such wrptus (a hold tM sam~ as a reserw a~sinsd any a~d dl otMr liabiliti~s of each snd any Obligor to tM Bank. TM Oblipo?s hera
by wsiv~ any riphtt of r~mption attK d~tault,
All pati~s Ii~Wt fo? cM psYmsnt snd collection Mnot: (1) aprN to all expMS~s incurnd w paid in tM protxtion oi Coll~tt~~l w tM entoroe~n~nt h~rt-
of, wMch~. tM Bank is oblipsted tMretor or not, includirg sttornetr's~ea equa~ to 10%oi the amount in d~fault or wch tar~r smount ss msy b~ reswnaWe
for servicN ~~d ~xpMSK incurrsd in th~ enforosrtMnt h~nof ~ither prior or wbseqwnt to judprnsnt u~d whsther in judicisl proCeedinps or othtrwise, snd also
those tosts. ind rWSOnaMt ~ttorney's f~t incurrod in appellate protaedings: (2) wsiv~ preuntment fa psymtnt, d~msnd, notic~ o( non-ptyme~t.
notice oi proust s~d protest of this Mote; (31 consent to and waiw notice of sny and all renarwls o? extensions oi tim~, vraiven, or modifiptions that may b~
granted by the Bs~1c with nspect to the paYment w other provisions of this Note or to Me reksse of sny Obligor or ths Collate?al or any prt the~eof, wiM w
without wbstitution: a~d (4) sgre~ cMt sddit~onsl mskers, endorsers, puarantors or wretia m~y bas.~ parti~s hento withouc notiq to them or att~ctinp tlwir
iiability iNrlund~~. .
The Bank may at sny time in its sole disc~etion compromis~, settk or extend the time of paymsnt of any oi the demands or obli9stions, repress~ted by any
ot ~M s~curiti~s pl«i~d hereu~dar snd all of Me psrties liable to~ che payment hereof hereby msk~, eonstitute and appoint che Bsnk, his or cheir trus snd Iawful
attwn~y fw thi~ pu~pose with full po+nwr and authority to cort~romise, settk or extend psymen[ of said demsnds or obligstions a~d to aoquiro, satisfy w d'a-
charge the sam~ of ~etord or otherwise ss tM psrties liable ta the psym~nt a collection hertof might or could do if personally pressnt. Ths Bank shall notbe
under s~?y liability or obliyation to take any steps whatsoever to fix any lisbility upon w to coliect w to entorce payment of sny obligation pledgsd as security _
hereunder wheMer by 9ivin9 anY notite. Presenting, demsnding psYmant, p~otesting, irntitutirg wit a otherwise.
The Bank shall not by anY aCt of omiuion pr Commission be deemed to waive any of its rights Or remedies hereunder un18u such waiver shall be in writing
and sigixd by tIN Bank and then only to the extent specifically set forth therein: a waiver on one event shall not be construed as continuing a ss s bar to or
Hra~ver of such right o? remsdy on a sutxequent evenL
The liability of esch Obligor shaU be absolute and untonditional and without regard to the lidbility of anY other party hereto. Any ~otioe shsll be wfiitient-
!v served upon sll Obligon by servi~g wth ~otice upa+ an1/ one Obligo~. The notice shall be wtficiently ser~eed if plsced in the mail, postage Prepaid, addrassnd
[o, or left upon the premises of any Obligo~ at a~y addreu show~ o~ the Bank's records.
NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION
EACH MAKER ACKNdWLEOGES RECEIPT OF A CONFORMED COPY OF THIS NOTE ON THE ABOVE ~ATE.
13161 SN 7th P~ac~, fort Lauderdtle, Fl.. 33325 (SEAL)
ADDRESS SIGNATURE OF ER
Eit th E. EdMards
(SEAL)
~ ADORE55 SIGNATURE OF MAKER
ENDORSEMENT
In addition to the liability as endorsers, whith the undersig~ed hereby aswme, for value received and intending to be Iegally bound, the undersigned (and ii
more than o~e, eaeh of tAem jointly and severally) (a) hereby uncwiditionally guarantee the payment of the within Note and all extensions or renewals thereof
and all sums payabte under or by virtue thereof including, without limitation, all amouna ot principal a~d interest and all expenses lincluding attorneys' feet,
~ whether incurred in trial or appetlate proteedings) incurred in the collection thereof, the enforcertfent of rights thereunder or with respeCt to any security thMe-
for and the enforcement hereof, and waive presentment, demand, notice of disho~or, protest, notiee of protest and aIl other notices whatsoever; and (b) consent
and agrae that t1~ey are bourxl as Obligors under the terms of and are wbject to all provisions set forth o~ the fact of said Note as fully as though they were sach
E a Make? thereof, and to the exercise by tt~e holder ot each and every ~ight therein set torth or pe?mitted by law, aIl without notice to or consent of and without
f atfecting the liability of the undersigned, and furthe~ consent and agree that any of the undersig~ed may be wed by the holder hercof with or without joining
~ any of the other endorsers or Makers of said Note a~d without (irst w contempwaneously wing arry wch other persons, or otherwise seeking or prooceding to
collect from them or any of them.
~
~ (SEAL)
ADDRE55 ~ SIGNATURE OF GUARANTOR
(SEAL)
ADDRE55 . SIGNATURE OF GUARANTOR
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