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HomeMy WebLinkAbout2152~-:: i : ~ ~ I T ~~} .~ P:;~1>I I ti:;u::': `:U~I t: ') _ ~i~~`(10{~i17_1.~~ ---•- ;•ll.uai, i~l~.t ici.~ I~c~~~kier 3n- --- ----- + 17 ~iQ i'll;~ t'ii.~_:. :,f:(:i:l:':.i). ti~~• ~::~,?~ :-~:i~;~~•~i~ j~,int I} ,~nc! :;~•v.•r:~l l`, prrn~~i~;.~ Cu j~~~y i~ri i:::ce~nbQr 30.--1~181--- t~~ ti~.• ~~~•,.•r ~~i I':'I'Ct:('~t`:'I'l::f:::f.\i. Y,.\`!:, .~ f'I~~ricl:~ ',.~~enin;~ ~•~~~~~ura- t ivti. ~~c~ it~; .~::~:i ~~:•;. tl~~• ;~ri~i~-ip:el ..~~ia :-f FOUK t•1ILLI0.1 _~'1VE tiUhUk~:D '!'HOUSi,:~U A:~1D NO/lU0- DOLL%.KS-- _------_ -------------------- (;:_ q, SQl1,OOU.nO _ :-t thc• I::~I h:Rt:U::'1 t::i:::'(',\I. l;f~?:i:, y'SU :i:!_:~illl:~tt1!l :~Vt`(!iI~~ ~il:li::l t~l'.IC~I~ ~'~112'lC~:I~--UC :!~ :iU(•fl OtEll'[' O1:1(•~~ OC (l~ilC(!`i :1:: (:lil~/ ~)t (~C•Sln[17t1•ti iil ::!'i~lll;; D:.• Ctl~` ~H~~~~~•T U~ ~~il:: .\~)l.i!~ ~'U1i1•~~lt'! lJlt.tl llltl'C~•S~ OR ~~iR• lIULtiZ:1S:~lI1ti ~riciriE,al !~.-l.z::.•~~ ;~t tl~,• eai.~ uf c~:.~ (') i~,•rr~•nt:i,;~~ ~uit-t~> ov~~r iCl: Pri;::e (.~ss ll~v t~~ri2 int~~r~•o:ttittcntil. ft:iii: i'ri,::~~ i:; h~•r~:i«a(t~~r ~~•si;;r~;it~•~i) b~it i~e nu cvent lcr:~s th~~i l2:'. prr cinnu~.~ ~:nt il iaaturi~y, ~~~~•.~bL~~ «n t~i.: :irst d:~ti• of c•;:et2 j::onth car.;n~~i;~iut; FebrtZary l, 1981 "1C1; !'rir,ic~" stizll b~ def.in~.i to n~:~^ the r:ite ol interest rt::~r};ed Ly Intercontinent..l Ii-~ci',: on ~:o-called shurt [.~rr,i un:;.•~ure.i lu:en;; t~ its ;ao;;t cr~~dit~;~-rtt-y custorers, 'Phc rate aC itlterc~:>L b:i:;ed .~:1 lnt~rrc~: cir.~~nt::l 13anI: Prisae• ~te:~ll. hc~ calculatc~~i 1nd ad_juserd monChy so tl~zt thc ratc of int~r~s:: ;ipa! ic.iole to ::n;: d;i~• o`_a r:c~nth c~urin~; the terc:~ of U-i~: `,~te shal l i~~• l~tio (2j ~~~rrc~ut:~gc ;~n_nts orrr tli.> tl1r~1~SL ICB Prir:~ lll effce~t clurin~; s:ucl~ mor.tl~. Iriccr~•st sh.~ll acc-uc~ f rc~:~ ~.i~ ~i;tt~• ui :ul~,•ances of princip~:I and sti:~ll he cl7culzted upon each c!:-y's uut- star.~iin,; pri^ci;~:~l b~l:ir.c~c•, co~;.pt~ted :ind brised u~~n the ac[ual number uf da~s prit~cip.zl a~oi~at,; ad.~znc~d hernun;l~r ~:erz outs[anding an:i on a ban~ year basis, that is, 360-day year basis. r111 pa,-r~~s~t~ of principaL and inCerest shall be plyable in la~aEul ~non`y of [he lfnit~d Sta«s nf :l::erica. ~ l:pou d~.f~ult in ttie pa}~ient of interest ~•hen due, ~tnd iC said c3efault 51~.i11 continue uncur~-d for a p~riod of fifteen ~_ 15 ) d.~ys, the whole su:n of interest and pr~ncipal re:~;~inin ; un?aid shall, at th` option oC the holder, become imr.cediately due a:~~ payable. rail:ire to e_:ercise this o~tion si~aZl not cu~istitute a ~,~iver of the right to exercise th~ ~:~::~~ i:1 the ev~nt of sub~:equen4 default. " T~~ ;na::~rs, sureties, guarantors and er.dorsers of this note Curthc:r agre~ to waive pres~t~[r..e;:t, der:and for pay:aent, protest and notice of dishonor and all requir.>:.t~nts n~~ce5s~ ry tc~ Iiola elch of the~ liabZe as makers, surc:ties, ~;uarantors and en~orsers. ihis :~o~~ shall be t~iz joint and se~~er::l obli~;ation of all ra::ers, s~ireti~s, ~uarantvrs and ~:idur-~ers, ar.~ shall be binuinj upon them and tf~~~ir succe~~:urs and assi~;as. It is furti~er agreed that each r.:3ker, s~:rety, guarantor atid endorser, jointly and s~~-~ca~ly, s!:all be liabl~~ to pay all reasonable :ind necPSSary costs of col~~ctioa on fL~i!iire [o ~<;• ti~~ prir.cipal of this note or 1r~y interest thereon at m~turi~~:. Cc~sts s}iall. i:iclu~i~, b::t n~~t Lc• 1i;:2ite~ct to rer3yonable attor~ey:; fees and oth~~r .le~;al costti inc~:rr~~l b~ C:~e f;o?r~r ia ;~a,: anc? all judicia~, bankr~pt~_y, aciuiinistr:~tive or otl;cr pr~~•~~.clin~~s, .':1C?':Ri:_,~ : i•i)=_'I]1[i ~rOCt_'~dl!2oS~ L•lr:.'ttier :11C11 rroc~eclin~s ;irlSf_' bE'_~nCl'_ OT ?::~I" CiltC'.!'1T1~ <2 :?:.~I iuL~,--e~c. li. 1~; fUl'i:1~C :~,ra'F'(~ C~1iiC tt3C~t nsker, Slll't'_[~'~ f;i11r~::1CU1' ~il(j t~ilLO~;;E'r~ ~~1:1~1\' ?T.i~ :;i ,: _'CL_~i`i ~ flrr~h~ COi1SE_Rr CO ~R~I E:iC~C'Rti10:2 O1" C~':1Ei+FS1S OT' {10(~lf 1C: t lOTiS O~ ii:iti i:G! i. OT' .=+2_; it;jr~ t}~•_: _~? :,;2CtlOltt IlOC1Le~ 7RC1 c.all.tl I'.~.~iFCCC~ sureLy~ ~;ll:lrantor rlil(1 encor.;er 1~rC'eS f=7:!' F'+• ii 1! T r•_•'!:?1P. 1 L:L~~ ~:2S 51;C~1 <Il::"1!2h :2I1\' L::ten`.i10.^. (`I' Ti'_[2C:J~? Or ~~~i7 i I~ ctri0:1 :?~'YLU~ ?:!l~ ' t ?.~2~_ (?_'.:ii i"E'i~r~S'Rtc~(i f?E'C2i11' 1: fllll j P"! 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