HomeMy WebLinkAbout0542 . - -
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Upon lets oeewrenq of an went a default, tote !lank may liutltua approprNa k+EN proONdkgs a~aMtat eM Obligor to obtakt jtldgtnMt on eta NoM and/
or exereia is rphq and ryitediet as • secured perry under ate FIpWe Uniform CommeroiN Ooda o? other applkabN hw. If tM flank hN dNnted eteNf Irtseoure
w upon.tM oeewrence of an went of defwh, tltE dank site!! have tM right, imtnedlatsly end ttltatout further aetbn by k. a set off eNMK thM Nob aM etoeny
owed bN tM Bank in any apecity to each and any Obligor, and Neo to trtt ofl ayahttt ell Dater NabliMiN d each Maker to the Bank ell ntottey Dowd by thlt dank .
in any eaperaty to each and any Maker. and tM Bank tttsY be deemed to hew exaltt:bpd ri fh(d ut tit end to ktve ntgle ! eher~ a~NMt Dill! N1eh na1M1?
Inwrtediatety upon ate ooewrertoa a such ddwit awn thotMh alydt clwg~ >e trait a Md on rite books d ter. d.nh aclbatwMt thenta Uniew tM CoNat•
erne b beriNtstlN a threatem to decline tpeedih in valve a N of a type wstomerily cold oti • reooNtia<ad tttarkat, tM BaMe taNl give the Melw fMaatabM rtsNq
of the titre and play of erh? puWk ante thereof or tin tMrte after whkh any prh!eM saN a any oMe?. k+tarttied dltpoNtbh thltred M to be rttedl. The requfre~
meet a reMortable notice ahaN be islet M stselt rtotioa N malNd. poeta9a prepaid. to any Mebr se ate addnes dlwh below a et any other address sltosat on tits
records of tM Bank, at Nast 6 days before lira time d the ale or dispaition. Upon dispaition of any Col4brN after tM 4oewrMtoe d any dNeWt. tM
Obligors shNl ba and remain lointhl and aeveralltl INble for any defkNney. Th? dank tltaN eoeount to tits Mekar for any eurpkls but the tintk than haws the rigt?t
to apply aN et any pert a attdt wuplw for hold eM eerrn es a rearye apirad any and sN other IiabilitiN of each and any Obllgw to 1M flank. The Obligors he+a•
by wNva any rights of redemptbn titer default.
All parties IiabN Irw tM payment and collaetion hereof: ltl a>)rea tp pay all experues incurred a paid M the proteNion p1 Cotl.tta.tl ur the enlwalttanl hwe
of, vsltetlNt tM !lank b oblgsted tMrela a not. ktdudirtg attartey's lees crpsat to 10%01 the amwmt a rtelault a sud+ Irrgrr arrwttnt a rtlay Ire reasairltk~
Ior servicM and expellees incurred in tM enioreemeett hereof Nther prig ar stlbagtNnt to jtldgrtnM and whether in jtldkW prooeadirtos a otherwia. and ale
those coca. expemes artd reeewtsbN attorney's fees Nlctrrnd in appNNte proeeedirtps; 1~1 vwiw petantment for peylrtent, tlatrtertd, notice a natitwment,
notice of protest attd protest a Mie Noce: 13) eateent to end tKNw tiotiee of any and all rertweats a extargiom of time. taafiiere, or ntodNkatiorls ettat rrtey be.
granpd by tM BMttt with respect to tM payment Or other provieloM a the Noce w to ate release of any Obligor a tM.CollwrN of any pat thereof, with of
without tubstltutlon: and Iq agree that additlornl makers. atd9rsers, guarantors o? sureties may. become genies !retch without notice to them or etfeeting thak
liability Itareurtder,
TM Bank msy at arty tints in its sole diet^etion earpromia, tttntN or extend tM tints of paymartt tit any of tM denrndt or.obligatloru, reW'ewtad by any
of the seewitias pNdged Mrwrtder and NI of ate pMties liable for the payment hereof herby melee, ooatitub attd appoint t?ta 8anlt, his or ehN? true and lesvlul -
sttorney fa this purpose with full power artd wthalty to cattpromia. attN o. extend peymsrtt of add dentards or obligation and to wquw, tatieftr a dis•
t~harge tM settle of record or oaterwiaa p the partNe liable for ate payment or collection hereof might or could d0 M penonNly present. The Bank 1hN1 not be
under any IiabUlty or obllgstlon td take arty steps whatwew? to fix any INbltity tlpoh or to collect or so iltttora paytttettt of any oblldetlon pNflOed as security
' henundar tMtethar. by ghrirq arty notce, presantlrtg. dernertdlrp payment, protaaryl, Ntethutirq cult or oaterwlse. ~g
TM Bank shah not by arty act of omission or oomnisdort ba deemed to vvalve any of iti rilrtb w remedies Mrwndar unless each waiver shYi be In writlrtg
and signed b1? tM Bank and then only to tM extent speeifkNly at forth therein; • vetiver on one want sftall not be eorutnled M t:Ontinuirg oa %t • ba? co or
welvet of eudt rilftt a rentetfy on a wbtequertt event. ~ ~ -
TM llabHity d each Obligor shall be abeolub and urtoortdiaortal snd without record to the INbltlty d any other party hereto. My notice ahNl be tuffittent• .
ly served upon ail Obligors by sertrirq tstdt notice upon any on Obligo?. The notice eheu ba wtfkMntly awed If phew! in fire mdl, postage prepaid. addresNd
to, or latt upon the prantlsM of any Obligor et any address Chown on the dardc's recortb. -
NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORAAATION
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EACH MAKER ACKNOWLEDGES RECEIPT OF A CONFORMED CONY Ol; T'NIS NOTE ON TNT AltOVE DATE.
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36 Yacht Club Dr. ,if506,N. Pl ~ 6Ch ,Fla. 33408 (BEAU /t--~ ~ n
ADDRESS d: ~ SI~NATURE Of~MAKER ~ llli
ADDRESS SIGNATURE OF MAKER
• Marian A. Coon
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ENDOtiSEMENT 1
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In sddition to tM liability as endorsers, which the urtdersiyrted hereby assume, for vdw received and intending to be lepsliy bound, tM undeniprted land if ii
more Man orte, each of tMm jointly and severNly) la! Fterebt? unconditionally guarantee tht paynrnt of ate within Noce and ail extensions or nrtewals Mereoi S
i and all writs payabN unde? or b;• virtue Menof irteludirg, wiMout limiation, sll arrtoirna of principal snd interest srtd all txpertgs (inclydwg attorneys' fees, {
whetMr incurred in trial or appNlate proceedirtgtl irtwrred in the collection thereof, the enforcerrten! N ?ighq tMreurtde? or vviM respect to any severity there- ~
for and the Mfotoernrtt heriof, and weiw preeetttmant, darrtard, notice of didtartar, protMt, rtotioe a protest and all other notices whatsower; and lDl parent
~ and spree Mst May are bound ss Oblgon under tM terms of and sre subject to all provisions Mt forest on fire het of said Note ss fully cell tltotrph they were each
I a Maker thereof, and to tin exercise by tM holder a each and every rght therein set forts d permitted by Isw, all without notip to a oorrertt of and without ;
affecting the liability a tM undersigned, and further content and agree filet arty of the urtdersiprted may be sued by the Itolds+ hereof with or witftout joining
any of tire other endorsers a Makers of said Note snd without first or eontenporarteoudy suing any such other persons, or otherwae seeking or proceeding to
collect from tttern a any of Men.
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ISEAU
ADDRESS SIGNATURE OF GUARANTOR
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ADDRESS SIGNATURE OF OUARA OR ~j
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