HomeMy WebLinkAbout2131 lapon ttte ocwrrena of an went d default, tltg flank may irtstiwa approprieq IsEM prooagdittp aoaitest the Oblioors m pbWtr jttdprtatt stn tits Nob aetdl
a exercip its rialto and relrtedies p • secured pg?tY ttttd~ltg Florida UMform Corrternrdal Cods a other a~lloable law. If tM Baetlt hM deanMd itMlf iMaWra .
or upetn tht etesttrrgttoa of an want d default, Nta e4ttk shah hwe tits ri~tt, irrtntediagty and widout htrdtae~stion b1l h, t0 let off apNtet this NvM all moray .
owed by ttte 6artR b any tadadey to aedt and any CWioor, end aNb so sN oh eoaittst eu other IiebNitias of wadi NWcgr to tM dank aN moray owed by the Belle
in any capacity to tech and any Mekar, end tM detek shW bg dwrrd.to hgp gxtrrcisad such rioltt d eat of/ and t0 haw trade • dtlt~a eMifttt any ettah moNey,
irrMttattiatgly upon tM aoatrrgna of ttsoh default awn thatph syd+ charfe b made a inland on 1M books of the dank subNgttattt thargw. Unless the CtrMat-
aal ii swriNtabN or thrlitene to efedittg tpeadily M vMw aT b d a typo ehatotrgrily sold On g. rgooptitgd tttarkgt, thf dattk trill ~ tIn 1AakM raaltatablr rlottoe
of tht tirsta and play d tiny publk sale thago/ or the time afar wftkh-any prh+ap sale a. ally otMr Nttaettlad dMpoeitkNt thereof N to be nude. The raoufrg• _ :
matt d rapanebM noUee shW bg rrgt H eudt notice a mailed. poataoa prepaid, t0 ettll AAeinr M ells addnw N~ balotie or tat any otftir address thotwtt on sly. -
raoords of tlta Battle; sit lease ttwe bfon tftg time of the. plc or disposition. Upon dispoatiott of Mty Colbtar~ +f"pr ttte ooatrrartoa of ett11 dMwi4 tM
ObtiNosi thaN bg and rantain jointly end nvgrally IiabN tar srty eMkiatcy. The Bank shell account to the flAakar for any euryliw but the Mack Mtall bane Ills rialtt
to apply ell ar svty pan of such swMw for hotel the sssste at a renrw eoalrtet) any and aN other lisbilitirs of gads and amr Obipor to the dank. The Obli~o?a.here-- . .
by wehig atq riolta of ?gdatreptioA Ntar dtdetth. -
11i1 parties liable tnt the pay_enatt and ce9lration hereof: llFaaw to tM1l. di expires areetrrreel a sruA in 1ha Ixotaeeiai+ of Collrtat,d.ur llta gnlu~attwN hwa'
ol, vrAtelltat the Bartle b obtgata.: thaNor a not, ittClttditl0 ettanay's fees e~epN) to 10%0! Net? amour! rn dslctuit,a sud~.lae'ar atttount art rttay W teeeseertottk -
(or services-and gxpttnsaa Nctrred in the enforpment hargol either pri« a sttbpgtNnt to hrdgttaM and tglgtha? its jwticW prooeac~s of othpwae. and a4ti - -
thop exatd, axpgreep srtd r~Otteble attexrny'a fact interred M-appNiaa pretoegdirtos: iZ1 well presantmant for paymrgt; elatrtard; notka of rtoR•pgymaM, _
ratios d protest and prolate d-this Nop: 131 ootnettt to srid uwiw notice of any and aN rgnarwh or gxt?rtsions d tirM. wgiwr:, or.modifiationa that may b~.
granted by tM 8anlr with respect to tM prymattt or other provisiorq of fhb Noq «to the nNeee of any Obligor o. the Oollayral a arty pert Margot. wlthta ,
without subetitutioo: and f41 eorae that sdditktrtM nrkaa. grtdongrs, luMantoq or tttratiee tttay becatte partip hereto without notice to thirst a efha~ shw -
Iiability Mrgttrtdar. _ - ~ _ t~l? .
Tha Baph may at srty tirrea in its soN discretion extrnprondp, prilr a extend tlta.tirrte of payment elf any of tM dsnwtds a obli?ations, nprasantad,by any,
of tM securitiM pkdped laenufdgr and aq of the partip liable for Ills payngr?t hereof hereby matte, iolMtiteq end appoint the !lank. hii «tltNr tnN and-I~wfu~t
anorrtey for this pttrpot! with fuU power and audtority to oompromisr. tettM or extsttd paynNrttd said d«natds a.eblipatiau and to acquire, tatisty or dif.
dtarga tM san» d record, « otAMwip as dq pertip.habM tar dta payment or ooagction hsreM mlNltt ar could do k palottMh? praMnt. TM danM ahstl not ba
ureter any Itabitity oa obligrtbrt tai take any :tape whateoew? to fix «ty ItaWNty upon « to extNeet u? to ntloroa payntMtt d grw.obllonbn pledMd w Nunltr .
hereuetdgr vrhedtar. by oit?tng any notice. prNattirp„ dsmandirto peyrrtant, progstirq, Nntianirq suitor atltarwisa. -
TM Bank shah not by any get eef orrtiaion « eonwetissbn br daentad to vtaitra any of its ridtts o• ntnedip haraurtdar unNq such uwitrar iltall ba in writjrig .
and signed by the Bank and then ex?ly to tM gxgnttpaNtiallhr pt forth therein: s wgirgr oft one watt (hail not ba e~nttrued as t:ontMuirtN « et: a bg? tq~or -
weirer Of such right p ?emedt! ql. ~ wtpeeNNrft atlent. i1
TM !lability eel egoh 061iEe>. sMll be abeoluq and ertoortditiortal :reel without record to Ills liability of any other party hereto. Ah11 notice shall be w kNnt-
ly prved upon aH Obligors. by ptvirg wd? rtotip opal any one Obligor. TM,notiq shall Ira wffkMntfy Carved N placed U the itteN, postare prepaid.. a~eslgd
to, a INt upon Ntg prgmisp of sny Obligor at any address tltown on the Bank's rgcotde.
NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION -
EACH MAKER ACKNONILEOG68 RECEIPT OF A CONFORMED COPY OF THi8 NOTE ON THE ABOVE BATE.
24 Route _4b Ea3t-~]flamod Palrk, _N,J. 07!WT ~ IsE u-
AO°RESS ~arry e i A? MAKER
0
iSEAu
A°oRE55 Harry er, T eR o~`~aker Rf~a]ty, .Inc.
. - ENDOfISEMEf~IT -
In addition w tM liability_as endonea, which ttte undersigned hereby aswme, far value received :reel intsndireg m be k+pally bound. die urtdsr:igrted Isnd if
mac than one, gads d them jointly and swsnlfyl Ice) harMyy urtconditiorHlty guarsngt tM payment d the within Noq and elf extaeoans or renewals thereof
and eN sums pryabM under or by virtu: thereof irteftretirg, without limigtion, aN :relents pf priree:ipel and interact and cep expernes firtelud'ag attorneys' tees,
wMthe? incwnd in t<W or apperlisq PrexxtedinDS) irturrnd in the collection thereof. Nta gnforotntrrtt of ridtq dtasurtda a with respect to any severity dtere~•
t :reel tM ertfo?oarrtent hereof, :reel waive prpentmatt, danced, notice of disitorta, protest, notice of protest and all other notices wltrpoetre?:and Ibl eonprtt
and agrM that UNy an bound as t3}tigors under the terms of and are sttttjeet to sll.provisiwto pt forth on the fact of said Noq as fully s: though they was ead+
a IVlaker thereof. and to the exareiee by tM holder of Bach and every ri~tt therein set forth a permitted by Isw, sll without notice to a concert of :reel without
atfetting the liability of the urtdereigrted, and further eawrtt and agree tltat•sny ttf tM undersigfead retry be fwd by the holder hereof with or widtout IoNtMtg
any of the other endorsors a Mrkers of said Note and without first a oontempora?eously wing arty suds. other pertorM, a otMrwip poking w prooMding to
col jell trOm therm a any of them.
IsEAu
AOORE55 SIGNATURE OF GUARANTOR
(SEAU
qO°R~ SIGNATURE OF GUARA OR '
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