HomeMy WebLinkAbout0705 •
DANK slwll hJVtl, (xis slwll not be limilrtl tu, the lullowlrlg lights, r.Nh ut which n4v lr i•u•ri rv i) .d ..ny f+nN• wlrru,r•i ,ii nrrt urr• nrrn• is dr?r sal IU '
••rlijp o1 uJttsler Ihls note Arid the CuI1JIrrJ1, wlleirutwn BANK shall Ire Irhevwl ul all Ihiue\ Jed r••ylunlrhrlrurl nr•la•urah•r ,Intl r.•4rvirl frwn yriy and au
.11rlily Wllh 11•S?IrCt dl ,uly Co1lJterJ1 w pletlgpd p translern•t1, altNf .Niy IIICifrle?• ill l/ilnllrri•N 111J11 Ills .III INIitNiY•a 11,N111 iii Illy l11.NC r?1 SANK Itrlrlln/ler
rl havN all tilt r Ighls of BANK hlrrurlth•r, Ihi In UJnsIH the vylluli• rN Jny (iau? ul IIN• pIwM11•ri CuhatriJl uJO Ilrr n.NrN• r.) rlv11 nr us nunr~nr (cl to
•lrly tlw Uhligrns on any Collateral to nwke payment to BANK ul Jrly ,NUlxinls ckN a lu fN•l uuN• Whir t1N:renn, fdl rn rkrrlJnd, ore fur, cullCCl, t» make
• anrnlNUm/sa n? stttlrnN•ill It Iftrnn Ifr'soal?Ir with relriencr lu IhN I:upatcl,tl. alNl b•1 to 61kr ?Nis•.rssiUli ul r nnlnd u) my piu/w•rls +rt the CnllJler.d
• BANK trrieby grvrn J hwt upon Jrx1 a Slcunty mtelest u) JII pll)11L•i ly ul rJCh UIdNJnr nrryv u+ JI auy hnN• hrrraf!rr ur ttu• (iU+sr•as+un nl BANK +n
ca1rJ(ity whatsoever, Inctadug but not hmitrd 10 any balance M Shaer ul eny rktruall, bust w ;rllenry .Mtuunl, J\ u~r,:ally Iw tlu• payment O) Ihls
,tr•• Jnd a umdar Len ulwn the lecunly ullrresl In JII wch llrtgr•Ity of i•;ith M,?kNl .Il V•1llrlly IIN tlNt µ/ynN•ul ul JII Othr•r h,?bdrlN•s of rich Maker 10
~:.~NK JIN1 BANK sl ,d1 hayr the same 1 ghts Js w x?ch 1?rt><Ir11y JS 11 hJl W/III IeS?NR 1 h) IIN• (:nllah•tJl pMllyecl try tlu• AfAKFH
11 BANK deems ilsell rosecure Or uWn the uccwren:e o) any drtJUll hril•IUN1r•r, BANK Jsall h.lw• all IhN n•nN•rb+•s ul •1 V•iuriVt Harty under Ihr
'•rripm CtNnnsrraat Code Ip stir State ul flprda, anti wllholu hnlillq thr gencrJl•Iy of Nlr furl•ytur/y, BANK sti,rlt hJVI• illy right, at rtsupuon, and
thous nonce M dirntartd, 10 declare the enure arr?ount OI this IwIC rernaUNltq U1111J111, and JII other habdiues of ;N/y Otdgor nr any of such haMhtles
• a•/!!tt by BANK, Inutledtatlly du! arN1 payal>fe, less any uiti•:u1Nrt1 rutrresl iN olhpr /:h,ngi•s Jutl Jtry rrbatrs rcyuuNtl 1?y law lit 1?pnlll th! u/tenhon
+•+rol That wider iio urcumstJtxes shalt BANK p any holder tteteul hr rnude/f to rreeivN Jt ,Irty Holy any cliJryet nut aliowrd p ?N'r/mtted by law of
,•,t. /rorresl u• racers of the mJalmum allolned by laws. to set utl ay,lunt this note Jlt money nwwl by BANK m ,Nly c:q,aclty to each or any Obligor,
. ~••thel ur not due, and also to set oil JlJautsl all other halnldres ul eadl :1,ikta 10 BANK .111 nwnN•y uwwl by BANK in any c,y1,N.gy w e N.h ur .Iny hlaker,
•I BANK Shall rte dermed to have exerused wch right of set o11 and to have nl,llM• a rharglt ,iy.unst any wcl? nwney NnrrlrallJtely ulx?rl me occurrence of
h del:llllt even (hough wch charge Is mide p entered on thr hooks ul BANK sulrsiyplerit Uteretu Unless the Cu11Jh•ral rs IlrrilhJbie ul threatens to
r• .hoe speelllty In vaiur p is of a type tt?slprtaldy sold on a IrcOgnrn•d malkel, BANK, welt yrW MAKER rrrlsraiJblr nutil.e ut the hn1? and plrsct of any
rMiC i,/t! (hereof or of the Urtse after which a private wee will t)r held. Thy re/µnrr•rnrnt of rltitlLrWble nr.ucr stiJll l>r n?et d such notice rsmadtrd,post.ge
+r Da N1. to any MJker al the address given below p at any otlwr atWtels Shown on the rplaNdl of the SANK, at Ir~aa ten 1101 Il.lys (treats the hrttr Ot the
Utipn dlsposinun pl Jny Cpllateral after the occurrence o1 any tfelault hrretulttpr, Ubligiirs sh:Nl br aiN1 renwrn 6abk• Iny any cp,ticiency. and BANK
• ,lI account t0 MAKER fp any wrplus, but BANK s?wU have the rght u) J??1)ly all or any Ir:nt o1 sutfi wrplus for In hued the salnr• .rs a rewrvr) against
• v artd all nthpr Ir,?IahUlS of each p any `.taker t0 BANK.
No delay p orrtlssron oil the part of BANK in exeravrtg any rght herrglrlder slwlt ntmr,?tr Js J waiver ul wch rght p of any r ght under this note. No
.e.nver shall be binding on BANK untess In a tntlnrlg sgrsetf by an aulhorlted BANK ollrler, ,nNl then only to the iratent SIN•._ihcally set lorlh therein
i ~ ••srniment, densand, protest and notice of dishonor, are hereby. waived Iry e;rch arN1 evriy Uhligl?r X11! Utd/gnrs, lonaly :IINi severally, promise and agree
• • pay in the evrnt OI i default, al! costs and ealxnses uuwred m tier, cOllrctuNt of Ihn Holt, rnctudrnq altorrw•y•s h•rl wplal to ten Irei cent 11119x1 O) the
• rnupal win, or wch larger amount as may be IeasOnable and lust, arN1 also thuSr• cults. r.?N•nvs at N1 anwlleyi Ices mcwmll rn atw/•nJle proceedings
,il nrxins and Ixontwns contained in th/s instrument shall mean ,nNl rntknM• der piw.it ,n .•..•u ,n Ihr arNp11.N, Jral tiw• nlJSruhua• h•n„mne Jrrd muter
• =~cler wherever arld wherever the contras w at1m,ls or inlwrpi ~ -
Eath Oblrgp hereby Nape eifly COnSenIS 10 any doll all etrlrn.a,•rl aryl reni•w JR, :•t wliut/• w m 1?,n 1, ,Milt aR rirt./yS rn PtrN• of 1)ayrrirnt Or Other
• =fur Olance wh/th else holder herr0l may grant or permit al any IrgN` .Md ir/rit/ Irn11• In hr n,• Wr=hOlii Ln111.1i rr)n, arNl WrfhOUl any IMlipt f0 Or fUr1hN
+wnt uI Jny Oldiqur NO achOn Or utaCirOn 1)y BANK shall iA.r harilr Jr y irai ty I•.dll•• lux Ih•• lraynN•n1 hrrr•<rl, dud Ihi• irobdrly ul .dt llii h p:pbef Snail
-Inula• anal :N:nwl 1?ayriknl /S receitn•d (W tiN• BANK. 1Yrthuilt :Nmt.•r•1 IL. rp~ra i.+lr\ nl flr• hrnypnrwl. Na• r••b~.r.• n d••.rfr,Nrp• rr1 my OirrNlr)r thali nut
!.a. hargr Jny usher Obbgor, and the release or Iml?.lument n} (;nltafer.d• fhr tatnNl nl .t irl/r•,v.tl nritN hrl p:Nt rir •dl nl md••Me+lness hereunder, Or a
• .Inge m the (Merest rate, Shari nut dlSChJrye any Obhynr.
ihr• BANK K authOr77pd by aN ObllgrnS w•1holU nob:r Iu ,ra • n. hr rlrtr tr,r•, ,•.t•• .r. .•t th.• dry .•:h••n thr• lir`t rP.br;r•.••r.•'•rt ul the IuJrt
drntr•d hereby ii nt.lets, Jrld IO 1111 m any bl,?rik ll):ICi•t hwe:n tr) runlurr tk. t..,• . nl• i...,:,LN h Ihr Lr.I•r rvul.~nu•d h.•rrny s nl,irh•
l3rrrA prnltipal and rnlertft on chit promrsSOry note are p:+yel;t.• •n +a.lrul rn+,r•. ; • I L+•t,••i `.crtrl Amrrara Jl~rthrrut r!r•~Inr strut rir n. rln ./000Unt
' any present Or future ta.es, dupes O. other Chdryrl Ievrprl ,•t !•tqi, H••H .rir t1,.a m.ti• iRr•l+. r•. •.1: nt t?.•: •r i.•d•ir• rrr•r rr rt I/y r•.y .Y r.•t••nniert• nr :fny
~;r rllrrtentatrty, authority or twlNN:al suixtrvlsion thweof- Mater .q+trs ulirnl Ihr rr.,ttN•u of SANK to p.ry aN wch t:rrel, duf+es and other charges m
hl,uon to pnrN:rpa1 arw interest on this promissory note, etlausrse r,t lh.,frl St,nes rncnrne t.i¦es and Flurnta income taxes.
T??r BANK'S rghtf 1ereunder and utttilr any other srcunty ,Nlrep:rwnt rr other .vr.nrNl rir ureter :yyihc.N/lr I,Iw s1/J11 ?le cwnuiarive. BANK at ds
luatn may mak! subsequent allvancef evldMCed ny this Nute, in whN-h evrm thw Nnre ah.,n rent.un valid and entarr•cablp nntwnhstarnhng partial pr
+ •fal payment, reborrowmg, p repayment of wins advartcecl hereunder
• t1E FOLLOWING PARAGRAPH AOOITIONALLY APPLIES TO ENDORSERS f1EREOF.
Irr .NlrUrnNr to stet, irJbdrty as endorsers, which the undetnrgrw•d rrerrlty alluntr, inr vahin n•r.•rvr91 and mtr•r+rUrtq rir M• trYl.tlty tNllPrd, slip 11ltlll'rlglted
d it rtlOre th:m one, each of them lOmtly and sevetatiyl sal hereby t?1'CtNIM ?Irl Yly to III{, ll,ly •'i o1 pN~ tl. rr) ul nr,n•, rt•: wet .•lun s, ••ndu+ =•+•l aiid assiq*•l,
• the 1>•tyrrtent Of the within noel, and hereby unCOndihonJlly g1larJntre fire pJyment rrt ttu• wrth+n note and aN nit±•nNUnl ur rr•newal5 therepl ant? ali
nc :)ayable under p by vntue therrot includ,rg, without 1•mrt +>n, ,.n arnrwutl ul nnn,.q•;•I :rod rntr•r••st .Intl a1! r•tlwnxs (uuhlchnq atrci+neys lees)
~ir rlrtl ut the COllett:On IhNe01; the eniOr iprr)ent of rn)h Y. iherrl.ndr•r ire with rrfal r•rf to .rny v .only ti+• u•lor :nN1 th•• rnlolcrn•ent Lrrry)I. Jnd yyaryp
•••crntment, demand: notice Of dishonor, protest ancf ati other not.ces whatsnrsl a rr! Ihi r nnp•nr a•NI .qr••.• Ir) th,vt .Ili or arty nl rrN CoUJiPral may br
• hJngr•d, rcleasM, wr?ertdered w sold 1rOm hint to amp, tu) (hat rho payn•r'nr rd th. rrtN rir an` nl rtu• L.ilrrhu••l Ot th•• 0.ratrr d+errul may bP
• tr'ndetl p said note rertesved any number of Umes Jnd for any ltr•ncxt i+shntl pr Ur nrrt lanrpt tr•..n Ihr pr.gnrat IN•rnNl ut l.ml nrrh•1, Irr•1 shit the holster
said nMN may grant any rellasrs, COn11NOmileS Or rrdutgPnfr•l with .rllN•ry fn vid nu n• , r niy rrfrnpun•, rir e••nrt^J.dl t?ir•ri•rrl ur any vcu+rty Iherelnr
'n any pJrty IrJI)le thaeurNler Or hlreundl•r hrtcluding belt •tM tumu•.1 to ta•hlrn rir :.•rua d ?n /••i•rciV• uru• rir mom ill rlN• rNll•il rir r.•ntwlres prOVittect
, `,Jrd no1Pt, dyed (iv) thdl dny O1 111! prpy~SlOnl ~i lard irttir mJ\ (a' r•rndrlr•r1• ,tli ly,si ;..t ..•rhr.• to r,r r+invn• n? .Intl aNh.Nit .A1.•rtnNl slit h.lbilrty OI
" Unl:••rS+y:red ai erldOrsers and wrenrs, arM turthrr t;Onlr'nt a••r1 .iqr..• ihal .Ins ref rt+• r,n+i.rtiN1•NVt nr.ly tr.~ .n.d Iry /Lr• L,,ylr•• with rir WHhrwl
'=+^9 any Of IhP other enllwSerS p nwkerS UI sdrd nnfp and wrtlNxlt teat q. i..rltr•/ntHN.i+r••n+,tity 4nriq Jny ••nI h Mh••r lr•rannl. u• nthr rivrv wekrngOr
.r; r•edrrtg 10 WNecl tlom them W Jny OI Iltent, JtNllvithOal mat rN r..•uhnr{.•v,.a.•u+r.ll a+-,t.••t.,t:n+) I:r r•r.lrar r .rr.l~ r.q' t•, w•Ih r•••~N•. r In Jny arcunty
ENDORSERS
s/ 2 ..~ti.r• ~ _ _ (SEAL!
~-Jo n R. Perroni
- ISEALI
(SEAL?
. Amount pl
Nr.tuutd on ih s 1•.Otc
S
'
R rY; s ~ ~ 60x( P~