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Home My WebLink About0851 ~ ll~wn tM occurrMp of sn ~wnt of d~twlt, tM 8ank msy instituu appropri~t~ NOtI procNdinpt ap~iiat tl~ OWiqott to obtaio judprn~ot on tM Not~ ~~+d/ or exKCiw ia ~iqhU and nn»dia a ~ acured pKty unda tM Flaid~ Unifo~m Conwrw~ci~l Cod~ w otlwr appliubl~ I~w. It tM Bank hst d«nNd iuNf i~acur~ or upoe tM ocCUrhnn of ~n Mnt of dshult. tM 6~Nc ~hsll haw tM ripht, invr~INtN1? snd without furthK aCtion by it, to s~t off ap~intt Ma Not~ NI moMy ow~d by tM Bank in sny c~paity to wch and any Oblipw, ~nd Nw to s~t oN p~intt all ochK liabilitws ot ~sd~ Maka to tM 8enk sil moMy ow~d by tl» 8~nk in anY e~p~city to Nch and ~ny M~ktr. and tM Banlc d+sll b~ dNm~d ca hsw ~xKCi~d wch ripht oi »c off snd to haw mad~ ~ chary~ p~iiuc sny wcl+ monry imm~diaaly upon tM occurnnq of wch d~fwlt w~n thouyh wd~ ch~ is m~ds a u?t~r~d on tM books oi tM Bank wbspue~t tbu~to. Unltss tM Co11at- eral is pKishsbl~ o? thrNLffM t0 dK11M ip~~dlly 111 Na1W Ot if Oi ~ typ~ CWtOfM~HY IOkI 011 i noopni:~d m~rlnt, tM Bank will giw tM MakK rpfonabl~ notip Qf che tim~ and pl~a of ~ny public s~M thHwf or tM tim~ atar which ~ny privau aN or anY othK inttnd~d dis~ition th~rwt is co be m~. TM rpuir~- ment of repotibk notia sMll b~ m~t if weh notip is msil~d, posta~e pnpaid, to sny N41c~~ st tM addr~~s given below w st aMl otM? addnss ~ow~ o~ th~ records of tM Bank, st I~ast 5 dsys b~ton tht tim~ of M~ sal~ or dispositio~. Upon difposition ot eny Collatenl aitK tM occurrMp of sny d~tsult, tM Oblipon sMll b~ and r~in joi~tly and s~wrslly IiebN fa any d~ticiency. TM Bsnk shall ~ccount to tM Mak~r for sny wrplus but tM Bank shall haw tM riyht ~o appl~? aN. w ~ny pvt ot wd~ wrplus (or hold th~ ssrm ss a ns~ve against) any and sll otha liabilities of each a~d any Oblgw to th~ Bsnk. Tl» Oblipas hare- by waiv~ any ~iphtt ot redemption ~itK d~t~ult. All p~rtNt liabl~ fw tM p~ymMt snd colNctio~ M~aof: (1) a~ee to psy sll ~xpMSes intu~rod or paid in tM protection ot Colbts~sl w tM ~ntortMwnt h~n- of, wh~tMr the B~nk is obli~tsd chsntor or not, includiny attorney's ie~s sqwl to 109Lof tAt amount in dataulc or such larg~r emount ss may bs reasonable ior serviqs and ~xp~nsa incurr~d i~ th~ enio?~emtnt heroo( titha p~ior a wbsequa~t to judpmsnt snd whetha in judicisl proc~sdinss a otMrwise, and abo shose cosn. ~xp~s snd ~~son~ble sttanty's tws incurnd in sppellsta proce~diny~: (2) waiv~ prestntme~t for payrt~snt. dsmand. notice of no~-payment, ~otice of proteat and p?otest ot tAis Note: (3) cooseni to and waive notice of aey and all renwvals w extensions oi time, wsivs.s, or moditication: that may bs gra~ted by tM Bs~c with resp~ct to the psymsn4 a other provisions of thls Note w to che reMsse oi any Obliyor or tM Collate?al a any part theroof, with or without wbttitution; and (4) spr~ that additionsl m~kers, endorse~s, 9usranton or wnti~s msy becans psrties hereto without notip to Mem a sffecting their liability 11lreunder. Th~ 8ank may at any time in its sol~ distntion compromise, settk or extend tM time of payment oi any of the dema~ds d oblgations, rapresented by any of chs sauritws pl~d~d hereut~der and atl of th~ psrties lisble for the psymant he~eof hereby make, comtitute snd appoint the Bank, his o~ their trus and law(ul attorney ta this purpose with tull powar snd suthaity to compromise. setde or extend paym~nt of said demands or obligetio~s and to soquin, satisfy or dis- charge the tsm~ of record or otherwia ss the psrties lisble tor tAe psyment or collection hereof might or could do if personally presa+~t. The Bank shsll not be under any liability a obtigstion to take sny steps whatsoever to fix sny liability upon or to colkct or to eniorte paymer?t of any oblgation pledged as seeu~ity hereunde? wheth~r by pivi~g any nocics, presentirg, demanding paymer?t, protesting, instituting wit or othervvise. The Bank shall not by any aCt of omission o~ commission be deemed to vwdive any o( itt rightt o? remedies hereunder unless such wsiver shall be in vwiting and siynad by the Bank snd then anly to the extent specifically set forth therein; a waiver on one svent shall not b0 construed as continuing or as a bar to or Nraiver of wch riyht w remedy on a subsequent evcnt. ~ The liability of a~sch Obliyor shall be absolute a~d unconditio~al and without regard to the liability of any other party he?eto. Any notite shall be wfficienb Jy servad u~on all Obligors by ssrvi~g such notite upon any one Ob~i9or. The notice slwll be wfficiently served if placed in the ma+l, postage prepaid, a~dress~d ~o, or lett upon the premisa of a~y Obligor at any sddress shown on the Ba~k's records. NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION EACH MAKER ACKNOWLEOGES RECEIPT OF A CONFORMED COPY OF THIS NOTE ON THE ABOVE OATE. s/" / 17 ~~~~~`~1 SZ• ~ 01810 (SEAL) ' ADDRE55 ~r : ~~aej~' F MAKER (SEAL) ADORE55 SIGNATURE OF MAKER ENDORSEMENT In addition to the liability as endorsers, which the undersign~d hereby aswme, fw value received a~d intendirg to be legally bound, the undersigned (and if more than one, each of them jointly and severally) (a) hereby unco~ditionally guara~[ee [he payment of the within Note and all eztensions w ~enewals thereof II; and all wms payable under or by virtue thereof includirtg, without limitation, all amounn of p?incipal and interest and all expenses (intluding attorneyi fees, i whether incurred in trial or appellate proceedings) incurred in the coltection thereof, the enfwcement of rights thereunde? w with respect to any security there- ~ tor and the enfwcemenc hereof, and waive presentme~t, demand, notice of dishona, protest, notioe of protest and all other notices whatsoever; and (b) consent and agree that tbey are bound as Oblgors under the terms ot and are wbjeet to all provisioni set forth on the fact of said Note as fully as though ti~ey were eseh ~ a Maker thereof, and to the exercise by the holder uf each and every right therein set torth or permitted by taw, all without notice to w consent of and without atfecting the tiability of the undenigned, and further consent and agree that any of the undersigned may be wed by the hotder hereof with or without joining ~ a~y of the other endorsers a Makers of said Note and without tint o? contempaaneously wing any wch other persons, or otfierwise seeking or proceeding to ~ collect from;hem or any of them. (SEAU ADDRE55 SIGNATURE'OF GUARANTOR ISEAU - AOORESS SIGPCATURE OF GUARANTOR ~ ~ t ~ ~ ~ ~ 'a ~ ~ ~ 600K312 PacE S49 ~ ~ :f . ~