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Home My WebLink About1118 ~ ~ ~ llpon tM occun~ of an tv~nt ot d~lwit, tM 8ank mry institut~ approp~ri~a IpN proc»dinpt aprinst tM Obll9ors to obtain judprr»nt on cM Noa and/ or ax~rcia in riyhts ind nm~di~s a a acu~~d parH undK tM Flo~ida Unitam Comm~~ei~l Cod~ a otM~ appliubl~ 1aw. If tM 8ank ha dNm~d itsNl ins~cun o~ upon dw oaurn~a of an w~nt of dsfault. chs 8ank shsll haw cM rqht, imnwdl~tNy ~nd wid?out fu~tMr aetion by it, co at off aqiinsc thii Noa all monhr ovwd by tM B~nk in ~ny capacity to wch and sny Oblipor. ~nd ~ISO to s~t off sp~in~t all oM~r li~bilitia of Neh IM~kK to tIN B~r?k all mo~?~y ovwd by tM Ba~k ~n any capacity to ~sch snd anY N4k~r, ~nd tM Bank ~hNl ~t dwm~d to hw~ ~x~rci~d wd~ rlpht of wt oif and to hsv~ rt~sd~ ~ cM~p~ ap~inst ~y wch mon~y immsdi~t~ly upon th~ oocu~nnc~ of wch ddwlt w~n thouph weh char~ a n~ a~nared on tM books o1 tM 8~nk wb~qu~nt tl»r~to. Unt~ss cM Cdlat• erai is pe~ishabl~ w thnat~ns to cNctin~ ips~dily in vah~ or is o1 ~ typ~ cuttom~rily qld on ~ r~oopnii~d rtyrlut, tM B~nk will 9iw tM N4kK ~qsonaW~ notip ot ~hs tim~ and pl~u of ~ny public al~ tMrwf a tM tim~ ~fter whict~ any p~ivaa sal~ or ~ny otMr i~t~nd~d disposition thKeot is to b~ rt~. TM ~equin- ment of rNSOn~bN notiq shsll b~ m~t if wch notid it mail~d, postap~ p~~sid. to ~ny MalcK at tM addr~ss yiwn btlow a ~t ~ny othK sddr~st shown on tM recads of tM 8ank, at le~st 5 days b~fon tfw tim~ ot the s~l~ o? dis~osition. UVon di~position of any Collst~rN ~tur tM oau~r~no~ oi aoy d~fsult, tM Obligors shsll D~ and rettrin jointly and awrNly liabl~ for any d~(iciMCy. TM Bank ~hsll ~ceount to tM Mak~r iw any wrplu: but tM Bsnk sh~ll hsw tM rght ~o apply sll a sny puc of wd~ w~plus (or hold tM s~ a a ~ts~rv~ s~ainst) sny ~nd sll otha liabiliti~s of each ~nd ~nY Oblipo? to tM Bank. TM Oblgors 1?~n- bv waiw an~ riphts of .~d~mptio~ aftK dttwlt. All partNS If~bN fw tM paymsnt and coll~ction tw~wi: (1) spns to p~y all ~xpK?s~s ir~cu~nd a paid in tM prot~ction oi Collateral or the ~nforp~nent ha~- of, wMthsr tM Bu?k is oblqstad tMnfa or not, includiny attorn~y's fKS pwl to 10%of tM uraunc i~ d~tault or wch Isrge? smount as may bs r~ason~bl~ tor serviqs and ~xp~os~s~incu~red in tM ~ntoroemMt h~oi titMr priw w wbaquMt to judpment and wMth~? in judicisl procNdir?9s w otherwis~, md also cnose costs, ~xp~s and nssonabl~ attaney's f~p incu~nd in appellst~ p?ocNdinps: (2) waiv~ pres~ntme~+t fw paym~nt, demand, ~otio~ of non-psyment, nocice of prot~st and protat of this Notr, (3) ca+sent to a~d waiw notio~ of any snd sll rernwali a~xt~nsions of time, waiw~s, o? modifieations chat may bs g.anced by tM BsNc with nspect to the pslrm~nt a othN provaiau of this Note or to tM mtease of any Obtigor or tM Collateral or sny p~rt thsroof, with w w~ihout subaitution; and (4) sprs~ [hai sdditionsl m~k:?s, endorsers, pusranto.: or wrecia msy b~c«n~ psrcia h~reto without notice ~o ~hem a stt~ctinp tMir t tiabi~ity hN~un~. The 8snk mW st any time in its sole disaetio~ eompromip, settk w sxtend tM titrn of psym~nt of sny of the demands a oblipetions, repressnted by any ot the s~curiti~s pled~sd herew+der and all of the parties IiabN for tM p~ymsnt Mreoi hereby msk~, oonstituta snd sppoint the Bank, his w their true and lawful attorrny for this purpos~ with full powsr and authority to tompromis~. s~ttM w extend payma~c of ssid demarxh w obliguions and co aoquin, sstish or d'a- cnarge the ~ame of retord or otherwise as tM WrtNS lisble tor tM psymtnc w collectio~ hereoi mpht or could do if personslly present. The Bank sAall not be under any liabitity o. obli9atia? to tske any tteps whatsoever to fix any lisbility upo~ w to collect w to enforce payme~t ot a~y obligation pledged as security hereur~ whtthar by giving sny ~otics, presw?tinp, d~rtwnding psyme~t, protating, i~tituting wit or otherwise. The Bank sAall not by any act of omissiw~ or commission be daertted to waive arW ot its rights or retnedias hereu~?der unlsss such waiver shall be in nniting and sig~ad by the Bank and thM onlV to the exte~t spscifically set forth iherein: a vwiver on on~ event shall not be construed as continuing w as a bs~ to or s waiver of such right or remedy oo a subsequMt event. The liability of asch Obligor shall be absolute snd unconditio~al and without regard to the liability of any otMtr party hereto. Any notice shall be wfficient- Iv served upw~ all Obligors by servitg wc1~ notiCe upon st~y ons Obligor. The notice shall be wtiitiently served if plated in the mail, postage Prepaid, addressed to, or left upon the premises of any Obligo~ at any address shown on the Bank's records. NOTICE: SEE OTHER SIDE fOR IMPORTANT INFORMATION _ ; EACH MAKER ACKNOWLEDGES RECEIPT OF AN EXECUTED CQPY OF THIS NOTE ON THE ABOVE DATE. 5010 Htrrlson St., Hotlywood, fl. 33011 . (SEAL) ~ AODRESS . M~A ~SI~IRif uRE OF MA~ R ~ (SEAI) ? / 1~~0 /1 ~t'r : //J~ AODRE55 ~rie M• ~~~I~F MAKER ENDORSEMENT I~ addition to the liability as endo?se~s, which the undersigned hereby assume, tw value reCeived and intending to be le9ally bound, the undersigned (and if more than one, each of them jointly and severally) (a) heretry unconditionally guarantee the payment of che withi~ Note arxl all extensions a?enewals theteof ~ and all wms payable under or by virtue thereof including, without limitation, all amounu of principsl and interest and all expenses (intluding attornsyi faas, ~ whether incurred in trisl or appellate proceedingt) incurred in the collection thereof, tAe snforcement of rights thereurKier w with respeCt to any sewrity there- f or and the enforcement hereof, and waive prese~tment, demaod, notice of dishonor, protest, noCice of protest a~d all other notices whatsosver: snd (b) consent ' and agres that they sre bound as Obligo~s under the terms of and are wbject to all provisions set (wth on the fact of said Note as fulfy as thougM they were esch ~ j a Maker thereo~,_and to the exercisa by the holder of each and every right therein set torM a permitted by law, all without notice to or conse~t of and wiMout _ ~ affec[ing the liability of the undersigned, and further eornent and agree that any of the undersigned may be wed by the holder hereof with or without joining ~ any of the other e~dorsers or Makers of said Note and without first or contempo?a~eously wing any wd~ other perso~u, or otherwise sceking or proceeding to ~ coliect from them or any of them_ ! ~ F (SEAU ADDRE55 SIGNATURE OF GUARANTOR -r - . (SEAL) ADDRE55 SIGNATURE OF GUARANTOR ~ ~ ~ ~ ~ ~ ~ E S i S ~ ~ ' ~ ~;K FAUE~~~V . • g;~,,K~~~ ~ . t , . , . ` . , _r_. . ti - - - . .~.w