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HomeMy WebLinkAbout0806 on this Note and without affecting or lessening the liabi- lity of any such person•or entity, and each such person or entity hereby waives any right to notice of or consent to such extensions and renewals. Payee shall be under no duty to enforce payment by exercising any of its rights hereunder and each co-maker, endorser, guarantor. surety or other person or entity primarily or secondarily liable on this Note hereby waives any right to require Payee to take action against the principal as provided for in Section 103- Y 205 of the Georgia Code of 1933 or as provided by any other } statutory or decisional law of the State of Georgia, the State of Florida, or any other state. Failure of Payee to exercise any rights hereunder shall not affect the liability f of any co-maker, endorser, gt~arantor,.surety or other person or entity primarily or secondarily liable on this Note. Any failure on the part .of Payee at any time to require the performance by Borrower of any of the terms or provisions hereof, even if known, shall in no way f affect the right thereafter to enforce the same, nor shall any failure of Payee to insist on strict compliance with 3 the terms and conditions hereof he taken or held to be a waiver of any succeeding breach or of the r igh t of Payee to - 3 insist on strict compliance with the terms and conditions hereof . Time is of the essence. In case this Note is collected by law, or through j an attorney-at-law, all costs of collection, including fifteen percent (15$) of unpaid principal and interest as attorney's fees, shall be paid by Borrower. Demand, presentment, notice, protest and notice of dishonor are hereby waived by Borrower each and every co-maker, endorser, guarantor, surety and other person or entity primarily or secondarily liable on this Note. Any notice required to be given to Borrower shall be deemed sufficient if mailed, postage prepaid, to -4- - ''K 31.8 ~aGE 805 3~1K 4