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Home My WebLink About1247 ~ r l r? } ~ _ _ _ r ~ Upon tM otcarrence of an event of default. tM Barak may institua approtwiea MBM proaedittgt agaiawn tM Obligors to ebtein jttdglttant on tM Noa end/ o. exorcise its rights and remedies ass a secured perry under tM Florida Unifam ConwnarciM Code or other applksbN tew.Jf tM flank has deerrNd itsNf iroeaan or upon tM oaurreraa of an event o/~defwlt. tM (lank shall have tM rght, irnltrdisaly and without fwM•?.aetion hY ~ja"tD sat off agaklet Mk Note aU money owed by tM flank in any capacity to each aw?d any. Obligor. end also to sae off agauMf s11 otfaer IiaWlitie of sets Marker to tM 8anfl NI rrtoraetl owa?d by tM Bank .n any capacity to each and awry Maker. and tM Bank shaMl W daanaed to haw sxercuad each right Of sat ot+f~d a have made a etaarge agsittet aMaY such Irtofasll immediately upon tM ootwreraoe of such default eVSrt though such charge h made or entered on rile books W tIN Bank wbegwrlt thereto. Urtleae tM Collat- eral a {wrisha0ls a threatens to decline speedily in value a b of a typo eustlxnsrily told on a reoogrlissd snorkel, the 81MIk will give tM Molar rssitOnabN notice 01 tM time and plea of any publk ale thereof w rite time after wMdt any priwa sate a Zany other intended dlspaltbn thanol i• to Oe made. The repuae• men( of rwsoraeble notice shall be met it astir notla is mailed. poluage prepaW. to atiW Maker aR the addraass given below a tit any other aeddreet shown on tM records of tM Bank, at lots is days before tM tirtta of tM ale or dispoaitan. Upon disposition of any Collateral after tM ooowrN?a of say default. Qlle Oblgors shall be and remain jointly and tevaally liable tw any dtfieiency. The bank tt?all account to tM Make4 for any surplus but tM flank stall haw tM right to apply all or sail part of such wrplus.lor hold tIN same at a nerve sgairtcd any erred alt other liabilities of each and sray Oblige to IM Bank. TM Oblgas here by waive alw rights of redemption titer default. . Ap psrlie IialaN far the paynMnl and collection hereof: l1) sgrN 1o IWtI all expense inGWr«I w p.tid ro its j,>,Qlsiainn t?1 Colaatera! w the ~nlwppMnl hr~• uf,_wMther the Sank is oblgatad therdw « not. including attorney's fern rxNSe) to 1~'Kot the amount ws ssslavlt m such lergro rMtaoYnt ss may ht ~easoawtJe for services end expanse iractrrred in tM enlorosmerlt heiwf siMe? prior a laabfaawflt tt) ju4grttpat end whethN m judicial Paoaedings a oMsrwise, and a4o ~ +bose coca. expenses and rsssonable sttorMy't tae iraettrrad in sppNlaa Woaedilgst t2i vrsiva presentment fo? payment. dansa~ad, notice of non•psynietn_ - 1 ~tia of protest and Protect Of Mis Noa; l31 corasent• to and waive notice of any and all renewal= Or axtatw?ior?s of time, vraivers, or modifiations tMt may be } granted by tM Bads with aspect to tM payrtlult a other provisions of this Noa a to the nlws of any Obligor or tM Collatsnl or any part draraof, with or 1 without substitution: and (4) agree that additional mekan, arwforsen; guarsnton or walla may beconta partie hereto without noltia to them or afhctirg their Jiability harauradar. . t J TM Bank traay at say time in its tole discretion eon+prorreae, >fttM or extend tM time of payment of any of tM demands or gbligatiorts, repretanted by any of tM securities pledged hereunder and stl of tM parties IiabN for tM payment Mnot hereby masks, wratitute sad special tM Bsnk, his a their trw and lawful sttornsy for this plsspoa vsiih ful! poww a::s! authority ter, off, cattle oc extend psyrnsnt taf aid dasr:3r:ds a ob#isltsaxas srxr to ~sirr, etssiy a dis- Msrge tM same of ?ecord or otherwia a tM partie IisbN fa tM payment or axtlNction hereof might or could do if personally present. The Bank shall not be ulxlar any liability or obligation to take any steps wMtwswr to fix any liability upon a to oolNet or to eniorp paynNnt of say obligation pNdgad at secwity herwntlM whethM by givirq say notice, preentirtg, dMnanding payment, protesting, instituting wit Or otherwise. TM Bank slaNl not by say act of omission oa oon+fraission be deemed to waive any of its ilgfia or nrrrdiis hsrsurader unlea such waives shall bs in writing and sprled by tM Bank end then only to tM extent speeifieslly set torts tlasrein; a waiver on one event shalt not be eorgtrued es continuing or e a bar to or waiver of suds right or remedy on a wbsegrtent event. TM liability of eaa9a Obligor shNl be absolute and unconditionst end without regard to tM liability of any other party hereto. Any notiq shalt be wifrcrent- Iv served upon all Obligors by awing suds notice upon any one Obligor. TM notice sMll be wffkiently carved if placed in tM mail, postage prepaid, addressed to, oi,Nft upon tM prenaisas of say Abligor at any addres shown on tM Bank's records: ~ NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION EACH MAKER ACKNOWIEOGES RECEIPT OF A CONFORMED COPY OF THIS NOTE ON THE ABOVE DATE. . _ lam. 85 Grand River Btvd., Kitchener, Ontario, ISEAI_) ~t-~ ADDRESS CanBdiS SIGNATURE OF MAKER Ron u ell IsEau a,T ADDRESS -ram- ~ ~ SIGNATURE~F~MA ER Sharon Russell ~ - _ ENDORSEMENT In addition to sloe liability es erwforsars, which tM urwfersigrted hereby sesame, for value reteiwd and intsrldirg to be Iegslly bound, tM undengnad lend if more then one, each of them jointly end swerslly) la) hereto/ urlcorlditior?slly guawsntes the payment of tM wiMin Noa and ell extensions a nr?ewals thereof and all -wrrq peyabk under or by virtue thereof including, without limitation, all amounts of principal and interest and all expenses (indudiry attornayi fee, whether irawrrad in trial or sppallate procNdirlgc) irlcurnd in tM collection thereof, tM anforcerttant of riglaa thsreurrder p with respect to say security lM?e- for and she paforceertent hereof, end waive presentment, demand, notice of dishonor, protest, notice of protest and ell other notices wMtsoever; and Ib1 consent f!!! and spree that tMy srs bound ss Oblgors under the terms of end xe wbject to ell provisions set fo?M on the feet of said Noa ss fully ss Mough they ware cads E a Maker thpeof, and to tM exercise by tM holder of each end very right therein set forth or permitted by Isw, all without notice to or coraarlt of and vrithout i affecting tM lisbitity of tM undersgned, and further consent end spree that any of tM undersigned may be wed by tM holder hereof with or without joining j any of tM other endors.rs or Makers of said Noa and without first o? contemporaneously wing say wch other persona, or oMsrwise seeking or procNding to collect iron them or any of them. ISEAU ADDRESS SIGNATURE OF GUARANTOR (BEAU ADDRESS SIGNATURE OF GUARANTOR ~ ~ f _ ~ ~1 ' ~ : ~ ~ f a _ - F i t ~ - - j i 1 r - ~ -