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Home My WebLink About2867 . ~ - t Upon iM oecu~r~ ol an ~wnt ot d~iw11, tM Bsn1c may inslitute apprqxiat~ IpN procNdinp~ ag~irnt 1h~ Obliqws to obesin iudprt»~t o~ th~ Not~ and/ + o~ •xKCiM itt riphb snd r~m~di~s st r ncund p~tty undN tIN Flaid~ Unifwm Corturn~ci~l Cod~ w otM~ ~pplic~W~ law. 11 tM 8ank haf dNnNd it~ll in~cur~ or upoo tM occurnnc~ ot ~n w~nt ol d~fwlt, tM Bank ihall haw tM rph~, immKliatNy ~nd without turthK action by it, to qt o11 p~frxt this Not~ all moMy owed by tM Baek in ~ny cs{~citY to Nch snd ~ny Oblipof, ~nd dw to at o1f p~irut ~II oth~r Ii~bflitlK of ~ch IWkM to tIN.Bank NI mon~y ow~d by tM 8ank ~n ~ny c~p~city to ~ach and ~ny tMk~. ~nd th~ BMk shall bt dNmsd to h~w ~xKCf~d wch ripht ol wt oil and to hw~ m~d~ ~ eha~ p~inst u?y wch morny ~mmsdiattly upon th~ octurr~na al wch d~t~ult w~n tha~yh wth thup~ Is nwi~ or tnt~rsd on tM book~ o/ tM B~nk wMpwnt tMrsto. Unt~a tM Collat- e~ai is ptrifhaW~ O~ threat~~q to declins tp~~dily in va1tN or is ol s typ~ Cu~tomMity sold o~ a r~ooqrdted rrwrk~t, tM 8ank will yiv~ tM IYl~k~r rNforwbl~ notiq of ch~ time and plsu ol anY publk aN tlNnot o~ IM tirrM ait~r which sny privat~ taN a w?y otl~ int~ndMl dilpotition Mtrwi is to M n~. TM nquirF i me~t ol ressqMbN notic~ thalt bt rtNt ii wch notiq a msil~d, postep~ pr~psid, to any Nl~lc~r ~t tM addr~ yivM bNow or at sny othK ~ddr~a ~I+owo on tM t ~ecwds ot tM B~nk, at Nast S dsYt b~fon tM tim~ ol tF?e sN~ a,disposition. l)po~ di~positio~ oi ~r?y Collst~rN ~fta tFa occurr~ oi ~ny d~t~ult, th~ E Obligon ~hsll b~ ~nd r~rtrio iointlY ~nd s~v~rN1Y liabh for ~ny dalicienty. Th~ Bank ~hsll attount to tM 11MkK for ~ny wrplus but 1M Bank shall havr tM rpht ~o apply all a sny put of wch wrplus (a hold th~ ism~ a s re~erw spsi~st) any u?d ~II othK IfabilitiK ol esch rnd sny Obli~or to tM Bank. TM Oblipon h~re- by vMiw ~ny riphts oi r~mption attK d~fwlt. . AU o~rti~s li~bl~ lor tF» p~Y~t ~~~t: (1) spr~e to pay all ~xpans~t incurnd w p~W in tM protectlon of Co1laUral w tM ~~tortNn~~t h~- i of, whathor iM Bank is obl~ps~ed therefor a not, includirq attwney's teK eqwl to 10Xot tM srt~ount in d~~sult a wch larpa ~mount u may b~ naonabq tor servic~s sed ~xp~osss incurrad in the eniorcern~nt h~rooi either pr'wr a wbssqwnt to judyrt~nt ~nd whsther in judicbl procwdinp~ a otMrwia. and ~Iw tnose Cosp. fxpMSa snd ~essonabl• sttOrtNy's f~es inturr~d in appellau proCNdinps: (21 waiv~ {xefentrtNnt tor piYrtNnt, d~rrwnd. notic~ of non~paymtnt, nocice ot prot~tt a~d protest oi this Note; (3! consent to ar+d wsiw notice ot sny uxf all renwvsls a exunsions of tirt+~, waivlrs, a modifiqtioni tMt may b~ grantad by tM 8snlc wrth resnect to the payme~t w othe~ p~ovisions of this Note or to th~ reMss~ of any OWiya or the Coltstsral a pMt M~nof, wiM or w~thout wbuitution; and egree that sdditional msk~rs, ~ndo~se.s, gusrantors w sureti~s may becom~ pa?tia hKeto without notic~ to tMm a aihctinp thNr Iiability hNlundN. The 6ank mfy st any time in its sol~ discretio~ compromise, s~ttb or exe~nd ihe time ot payment ot any of tM demar?ds a oblip~tions, npreqnad by any 01 ihs securitia pleclged hereu~ snd sll ot the parties liable tor tha paymen~ hereof hereby make, constitute and sppoint the Bank, his or tMir trw a~d lawful a~corney fa thi~ purpo~e with tu11 powe~ and wthwity to compromise, sattl~ or extend payment ot said demsnds w obtigstions and to soquin, wtisfy or di=- charge the sartr of record o. othe.wise ss the partia liable lo? the paymsnt or collection hereo~ might or could do if personally p?esant. TM Bsnk ~hNl not be under any liability w obli9ation to take a~y steps whstsaever to tix any liability upon o? to collect a to entorce payment ot sny obligstion pledged at s~curity hereunder whlMer by 9~vi~9 any notite, presentin9, demanding payrt~t, protesting, instituting wit a othervrise. The Bank shatl not by any stt ot omiuion or commiuion be deemed to waive anY o1 its rights or romedies Mrau~der untess such waiver shsll be in writiny and signed by the Bsnk snd then o~ly to the extent specifiesliy set forth therein: a vwiver o~ one event shall not be co~strued as continuing w~t e bsr to or waive. of wch right o? remady on a subsequeot event. . The liability oi each Obligw shall be sbsolute and u~conditional a~d without rega~d to the lability of any other party hereto. Any notice shall be wtficiMt- iv served upo1~ all Obligors by serving wch notice upo~ any one Oblgw. The notite shall be wificiently served it placed in the mail, postags prepaid. sddressed co, or leit upon the p?emises of any Obligo? at any address show~ on the Bank's recads. NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION EACH MAKER ACKNOWIEOGES RECEIPT OF AN EXECUTEO COPY OF THIS NOTE ON THE ABOVE DATE. - ~ L f~779 le1~M~w~v N*_ _ 1wn~tAni L~~ lSEALI AODRE55 u_ ~51 a~=~~ MAK ~ ii~ • , (SEAL) • AODRE55 SIGNATURE OF 16fAKER Ar~er~e A. Plaistex• - ENDORSEMENT In addition to ihe liattility as endorsers, whitA the unders~gned hereby aswme, !o? value received and intending to be legally bound, the undersigned (and it more thsn ooe, each of them jointlv and severally) (a! hereby unconditiortally gusrantee the payment of the~within Note and all ezteraions o. renewals thereot and all wmt payable under or by virtue thereot intluding, without Iimitation, all amounts of printipsl and interest and all expenses (including sttorMys' faet, wheth!!r InCtirrEd in trial or appellate proceedings) incurreii in tl?e collection thereo(, the entoicert~ent of rights thereunder or with res~ect to any sscurity there- 'o~ and the enfwument hereof, and waive presentment, dema~d, notice of dishona, protest, notice of protest and all other natices whatsoever; snd (b) consent and agree that they are bound as Oblgors under the terrtu of and are subject ~o alt provisior?s set forM on the fact of said Note as fully ss though they ws?e esch Maker thereoi, and to the exercise by the holder of wd? and every right therein set forth w permitted by law, all without notice ta w consent oi and wiMout w i af tectirg the liability of the undetsigned, and further tonsent artd agree that any of the undersgned may be wed by the holder hereof with or without joininp . ~ any o( the other endorse~s or Makers ai said Note and without tint or contempaaneously wing any wch other persons, w otherwise seeking w proceeding to ~ coltect from them or any of them. I ~ I (SEAU ~ A~URE55 SIGNATVRE OF GUARANTOR ISEAL) ADDRESS SIGNATURE OF C,UARANTOR F c ~ a ~ ~ ~ ~ ~ 5 ~ i ~ ~ a~~F 3~2 p~f 2~~2 ~ ~ ~ . . ~ . _ . - . z~ .~Y _ . ~ _ _ . _ _zt:~~