HomeMy WebLinkAbout0696 BANK sl•JII hJVP, but sbJll nut by InnArd lu, Iln• lulluwug r+g171s, r•uh ul 7Minh u,.+y Ire r..•u •v•d sl .wry I.r•n syl,••rru•i nr nw nu] note n r1r,e IJI. to
+••rlgr Or tr J••strr th,s note artd the COllateral,.wtxreutwn BANK S17a11 hr nrhrvMl u) JIl duln•s oral r••ywr+vbrl7hrs hrn•u nd••r .ind n•brvr[I lu,rn Jny Jnd J')
•.•4dily WUh rlyxel to any COt1a1Ma1 s0 plr[1g<•rl w pJnslened, ar7t) oily t11lV1yiw W U.N7sIPnr ShJll (ur JII laal7e,s1•t ]IJnd u7 117.• ph,tr ul BANK Iirreur+elN
have all IhP rryllh of BANK hneurtdrr, Ibl 10 ItJUiIlr the wlu,lP rM ,1t1y ll,,rl of Il+r• ph•[trp'el t:ullJlP+,ir ,nlu flue ,•,••rn• ul uv11 ur dt nurn•r+[•r: ICI 10
ihly Ilx Obl+gu+s On any Collateral l0 nWke payntenl to BANK u) ,pry arrtewnis due ar lu lire urr+r clue Ilu:n•un, b11 w rM~r,,urd,. sue fw, collect, Or make
• ~y cunylruul+sr lM srnlPmrnl +1 +Irrms [1PSUS1ile w+Ih rrlrrwMr. to !lire Cn11.NMS1, :1+ir1 Ir•1 In 6tkr lw•SSe•ssn,n ur r uirUnl nl P7y pu,ce'wlt ul IhP C+IIIJte1J1
1 BANK +s tlrrrby 9wc+t a hen upon ar?d a secui Hy sneers! u1 JII l,r[,lw:rly ul r.wl: + )blr~••+ uuw iw at .Niy hn+c hr•icJiu•• u7 thee puswsuun ul BANK •r+
:uy ?JIW['11y yvl+alsOe7rrr, +nch,di+tg but not hm+tM to arty balance [I. sh,ur of a+1y lli•IN,]/1, 111+]1 Ur .rrp'Ol.'y al~[,INUII, J] M•Ll/llty fur the payrrtrrtt 01 this
•,•tr, and a s+mdar hen upon the secunty uNeresl ut all wch l,rulxrty of Path Maker .n v'+.an•ty IM ItM l,JyulPnl ul all uthP+ +r.,bJUn•s ui r•.ch Maker to
bANK arld BANK shall hJVe the same rghts Js to wch property as a hat wuh rrsl+ru ht ti+r Cuu.nr,Jl 1drtMlyd by tl+r MAKE. N
, 11 BANK deems 1tse11 msecwe o+ ul,on the occwrerxP OI ,,rty tli•I,rr,1411rrt•tuieM•t, BANK x17.111 hJVr JII tln• nvrl•y1e•t ul vrCUU•[) early antler the
rn7dorm C[xrlme?cwl Ctx1r Ipr the Slate of Flor+da, artd vwthout lumw,q 111r grnerahly ul Iln• lu+•ryuug, BANK shall hsw• th+• riyhl, ,+t usophon, and
w,Ihou1 nOUt! Or llertlartd, to declare the enure amount of Ihrs note rernsu+Jlg ury+a+el, sod .dl oU1rr hJbd+hes nl ,p7y Oblg•,. or Jny :71 such hab+l+t7es
•.••rected by BANK, +mrnedwtely due Jlld pJyable, IrSS JnY U+IrarlM'd illlrrl•SI Ur OIIN•r IIr.U g1•] .n N1 Jt1y Ir1611t•] 11•r l•nrt•[l I,y 1aW 1+1 l,rn•q tlx +n 1!111100
~~wrol that urtdrr no t+rcumstances shJli BANK or any hoi[ler hereof br rnutlrti to receive JI any ante ,tr1y clwnpy nut Jllu7nr.•t) ur premised by IoW W
.•iy interest +n e,rcess o) the max7mum allowed by fowl: to S!1 otl Jgaunl Ih+s note JII nnnlry uwrrl by BANK m •ury sJp,•[:,ty lu •:.•ch ur Jny OW+gw,
::helher or rt01 due, Jnt1 also t0 sel oll against all Other hab7hhrS of Poch Maker 10 HANK JII nwmry n7nrel by HANK n+ Jny e.y+.x:uy u+ r.•sh or awy Maier,
.rid BANK shall lte deemed to have rxerc+setl wch rghl of set Olt srt[1 10 hJ7n• n+,•tk a [ hJ1•li• Jyun]t Jny wch mor,ry uuu++•r1•.•r•dy upon the utcurrence of
nth rlelaull even though wch charge +s made or entered un the h+xtks ul BANK wbwyurnt 11,••u•W Unless UK Coll,urt,+l +s h+:rrsh,+l,tr w thrralrns to
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M•chnP speMirly rn valor or •s ul a type cuslurll,+nly sold un a rrcugnin:d mJt kit, BANK sylll q.w• i'.IAK [ li +e,,wu.dde nuhr r of the IIIrw: Jnd plJCe of at+y
.>,rbhc sale tlxreot or of the Ume after wh+ch a prware sale wdl be held. The reyuurntrnt ul r••JSOnJhlr ,wucr SIrJU t1r mre +1 wch Hoare madtd, postage
v, Ppaid, to any Maker at the address g7ven below w at any other J[tdress st+own nit 111•• error d< ul the BANK, ,rl li•.r.t u•u (101 dJVl h••Inrr the erne of the
Upon d~s{tos+t+on of any Collateral after the occwrrnce of any drl.wtt M•r.•ur7[Mr, Oltli•lOn (hall tIt Jr7(1 rrn7Jm I+Jbp• tqr .ri+y tl.nc~•Pncy. end BANK
h,1t1 accOUnl t0 MAKER Iw any wrplus, h+rt BANK shall have tIM r+ght lu:yy,ly JII •n~Jny t•.ut ul such ]utplus Inr to halt! Ihr s.nrw• J rrtrtvr) ;goon!
•'•y and ail other bJb+Irl+es OI each W any Maker l0 BANK. ~ -
No delay w om~suon Ott Ili! part of BANK in e,ierustng any r+ynt hereur7tler shall ty»•ratr• J:,+ w.avrt ut wd1 nyht or of any relit under Ih1s note. No
:+.•rver shall be brnd+rlg Ott BANK unless +r1 a wrung sgned by an author+te[1 BANK olhcw, J•M then only to the extent sp••ciLCaHy set forth therein. ,
t•rPSenlment, derrsand, protest and notice of dishonor, are hereby waved by each ar1+1 evMy Obl•gor The Obl+gors, lmnlly :rr+d severally, prom+x and agree
• pay m th! event Ot i default, all costs and expenses rittuned •n 1hP collecuMt of ihrs nniP, ulth,dntg Jtturnry's lees reveal to Irn per cent (10'K) of the
n7upal Sum, Or wch larger arnOUnl of may be reasonable artd lust, and alw !hove cosh, rrl,rua•s .+nd J/U,ntryi IPrS mcuuwl in al,pellate pruceld,rgs
.l•1 new nS dnd pronouns eOnla+ned In lh+s +nSir Ulllenl shJll n1P,lrt ,ind nt•a Ul1t• Ihr piW.il ]•n'N .1• the Ww)u l,+t, ,UUI 11N• n•ast:uluNr, IPm+n me .,nd neuter
,!••uder 7Mterxver and wherever .the Conte:t w admits or requ+res
• EJCh Oblgor hereby lxpresSly Consents t0 any arld all rwu•nsnrns u•rtl +rn.•sv.d,, r•. whole. ur •n per 1, Jnd ,JI rk•hiys •n Irn1r Ot l,ayrrlrnt Ur :,flier
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rtorntance wh+ch tlx holder hereof rr1aY grant Or permit Jt any Im1r ,A,d burn tu•+r ter tir1+•• withuul IrrniL•nnn, and w•thuul ;uiy nn:•ce to or Iwlher
"7WnI OI Jr1y OWga. NO aCUOn Or +rta000n by BANK shall dixhary• ,u7y /,Jrly ti.d+!•• In. th.• pnyu7••nt In•+•••d, Jnd the h,•bJ+ly eel .•11 wch part+es shJll
.nturoe unid actual payment tS rece+ved by the BANK Wdhn•+1 Imnhr7y the ih•nw.d•Iy ut Irn• lrneq,,nrtj, the trl••JV: ur dr:Charq• of .n:y UW•yor Shall nUt
:nrharge :•-,y other Obligor, Jnd th! release Or ,rnpayment o) Collater,ll, the ta4ulq ul a n•rtPU]rJl r+++1c, for p rri r++ JII of mtlehtwh7ess hereunder, Or a
•+Jnrle m Ilte mlerest rate, shall not d+scharge any Obhynr.
Thr BANK n ,futhontrd by all Obl•gors wrthtwt nohee• w .u:y rd• irr•ns to d.7rr n:r. •,ul•• J, u1 the. d.iy rdr••n rti.• Irn! d.N+tuvn1Pnt of the loan
. •r}rnted hereby K made. ant! !01+11 m any blJnk sl,JCes hvrem 70 t unlu.m to tle•• n•rni+ ui• n' s•+!••r h thee lu.n7 r•vul••ntwl h••reby r, na•+M•
' H••th pnrlr•p:+l JMI interest on Ih+s prpmisSOry Holt .uP t+••Y•rl le+yhtl r••..•u•y ~ •1 l In n,•.f Sr.n••t :•r Ani••nr .r wJhr nil rh•rrJi L..n trn ur nn .rcruunt
' ~'r+y present O• futwe taxes. dunes or other chJryes IPVrrtl or nnitnyrt •m th+t n•:+r r•• Ih•• tree r r••,t.• ell i~+•• r+, hr.!•N" hires! by Jny y,•rP•ror7ertl, u+ Jny
:,•rrumentaluy, authority or p01rt1tal suttd,vrs+on thereof. Maker :rgrM•s alum the irnur•st ul RANK u+ p.ty all v,ch ours, rfi,ties Jnd ether charges m
rt~ht+on to pnncrpal artd interest on th7s prumnsOry rx,te, eatlusr7R of Unnr••t Sr,nrs ern unm t.i,rrs .:nd ~4,r e!J mtumr !sues
10 Tlx BANK'S rghts hereunder and under any other secu+•tY ••grPerrx•n1 nr other stirs,ny w un+lrr .gy7hc.+IJe L+w shall t+e cumul,luve. BANK at df
~puon may make wbsequeru allvantlS evtdMted by IhK Note, 7n s]rfi+Ch P7ren1 flu] Nm.• ]halt rrrnJirt vahtl Jnd enfnrrr•Jble nutw+thiomdmq paella! or
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r• tat payment, reborrowing, or repayment of wets advancerf hereunder
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I IIE FOLLOWING PARAGRAPH ADDITIONALLY APPLIES TO ENOORSEItS F11 ItEOF.
In ,1rhlAinn to the liability as endorv:rs, wlnCh flee unelers•gr+rd hrn•hy aswnlc, fur v.Jur r••r.•,vr•r1 J^tl mh•nr!•rirl ter M• 1.•y..Uy fr.ur.d thee untllrtig+lrt)
rid d rt+Ore than One, eJth OI them lomtly and Severally! (al hrn3ry I,r•~Unw surety h, tli.• t•.,y+•n nt 117•' .vnh•n n:,tr, rr .ucr.•••.tiu• . d rr•,.••r1 •+u1 J++itlns.
r the payment of the wrih,n note, and hereby UOCOrtdibpnatly gU.~r.lnT••P 1h•' U.lyntrnt ri1 ihr• 7•.,thrn nntr• Jnd al' teen •.,u^•. nr n•nr:: d] therrgl Jnd .rP
~rrr5 payJble under Or by vn1uP Iherr 0l mcludng, without IJ17ri.7t,r,n, e!i Jnuwnt•, ,rl la ~•u ,:.,r ,•„e{ ,n h•u••.t .Hui .iti r+i d•nv] Irn+ iud::,.l .rt;or nryi Ir•va7
. un••d rn Ihr collrcUOn thereof, 111E eniOfCt'R ••nt OI n9htS tlu•rrunrUY nr Y:Ah n'+{••! t h• ,r n, y r •:r•ty Ilu•rrlnr .uui :h•• rulnn rrn••nt li+~n•n1, Hive! wJrW
rrarnirtwnt, dPrtt,Brtd, soli!! 01 d7ShOr101, protest .lMl al! Other nMrr••s w!•Jt•.rnever, .ui+1 Ihl • •nnr•.t n+ul .rlr.'•• Ir) ih.i• JI! w Jny nl rr,•• r `,UJb•rdt nlny be
...rhJngP~d, releasrtf, wnendered Or sold Iron I~mP 10 IrntP, lul Ih,+i the' 1•dyrn••nt •rl the r:•,Ir, n• .ury of Ih.• 1• d,•!rh••s „t thee 1'.t.,• th.•rnn) m:•y 1}•
• .MMIPd Ur s.t+d 1101P rerlPWed any rtUmber Ol urrlr•S.ln[f 6n .+:IY iM•luwl (7N17r•1l:,v •,r nn1 1•:r•rt••r it••in Il:r unq:n,il {..-r,M1 •a ~..uri n..}••1 Ir~,l th.+t the hulr/r+
•..ud nMe may gran! any re•,easrs, eomllromiws or irNlu igPnp•S 7,v•rh rryw•r 1 lu '-u•1 •nrtr •r r•y rh•n•,uri+ Or n n• Y: rhr•+• ul .:r .•ny v r-uidy Ih•^r}ur
to „ny l,Jrty IrJltlP Ihrreurlder Or htreun[k•r (mrluding flat not L•nutrrf to Lnlur.• nr tn+.d to •~.+•r+ r-r' our , n•.,r•• •7t rhr r-qi t. •,.•dr••t 17ruVr(1r'f1
. said nntPl, aril I+v) that any Of the provivunt of s;nd r101P r7.7S Ire nu.ddr+'tf..rll v:~rt :.,,t r'n• tnnr rur•vnt ut ,•.d _]7r! .a:• ,t+..rtr•:y ;h+• Ir tbdrty ul
' ru7drrSignPd JS PM10r]PrS Jn(1 wrPUPS, ant! furth••r pmSPnt nt ..rr+•••• ir7.rt .u'+ r~r n'•• +.:e1•'"-rl•'••d rr:.y Ire •u•d by t• h•: N:1n +,r ]v:rra•u!
•~nirt9 dry OI Elie 0117Pr Pndor SPlS W rrlJkrr] ell ttid note ,v,•! w+t++.nN loft n. • u•-.tenyr,•.,'.•~„•.~.iV •.u al .u~', •n'r a+hrr tn•r •.•rn~ ,r :ri r••~r: •+'•-kriq M
u-r•rd•twl t0 Cnlb•ct hunt them Or any of IhPln, ,n7d vyrlhuul l,tV or •:•'r•rRq.•n.r;.r. r.ty nr:•1•~r i.,t-uq t,:.~:-1r.r•• +.,fr,!~. Vnt1• r• hr ury ]W.ur.1y .
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ENDORSERS. ~
ff 1 ~
Jo n .R. Perroni
• ISEALI
- _ _ _ISEALI 1
r •
Amount cl
7a:[.rt+a~tsrY Scamps _
Requne+l un !lies Note: a
S
~ eoo~ic 340 PEE 6'96
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