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I ~ftMlfNlt~ (NKlud~nq le~~~ ~n:tl~@fl ~nlurd'~_! d'~A 11Ad~Br J~~. : rl.mb..~,r 1+~~- Fji•~? ~ , t :•.c~. • , ~..~r~.., ~ . . ! 1: "r ~ .!a.. .~N~c ~a'r
' bul OOt ~O ~ufls Jt 25~1~ ~e~ J~~n r, . . , , ..•M. .
[ { !~~d'?Ct el.•.::.'th t~ir Bd"• J':1•~.~t, ' 7~ ~ . , . . r•il ' d~~ 11~P .f ~ •~.1t'c ) ~h~tA ih~. .,~f .~~i~. ~ c..~ani@
~ ~,:n~t CO~~itNi~ ~~~Uwl.n G~f not bm P, ~
~ ~N 9 S i'~. hC En:1r~~, ~r~••Cr~ h~ nP» , '.1 n~•~.~~.
~l ~O~/111y SQ:Crally COVQndnt@d ~-•t: dyr@!tl ~~~lh t"@ 83~~1. t~` rJ_1• V~ :•@r r, ~S. r.~.. . y.. r.~:•Wt dn~l .,I~~e• • ,.•~.~lP ~d'I irl
wAOm ~r~ Mre,nah~~ ~o~ Orev~ty c~1~eA Odt yor c~ OD~~g~~s~ ~nat
I Bsnk Sf?D:~ Palrc~Ye fldSOnab~e ca'! in th2 C~5tOAy d~A ytp5@~~,~i,,.n uf II'r Ci~ ~otr~.. ,~~ii! ~h., i hr :1rc~- e.: t~~ ~~a.r e~a•+~n~.: ~e~~o•~dt:~N ~.~r~ ~f Q
'ikK SuCh aCt P~~ fo~ th~t purppse af Make~ snai~ reasonab,~ rey.,esc v~~,r.ny t.:t c,n ,,.~u•~ ,~~,tr. ~n~ r~+VUN~I ~t ~~~.1wp~ .r~.,:1 ,n ~uelf be
~'I teamed a fadure io eaeruse reasonaDie care Wrtnout hm:hng tne gen~ra6ty v) thr ',.•.r~;.~~ni; ttr Be~~\ ch,tl: h;i~r ~,u rrat~t~nv!~: ~~~r r~ W,:m~y .~ny =
~ •natuntros. caus C011vC~S~0~1 •~cha~ges U}1@f5 t8n[;rt5 Of S~m.~ar nr~tt~r5 t~::et~i,,,~ t.~ .;n~ U~ t~~f' C r e!~r.fi n~~r t~r ~nfor~^ ~i: ~.!.•r:.V~irA ~Y~Ih +
~espict tu a~y tne~eof Ba~4 shatl not be bound 2o take dt~y gl@(~S n@CPSSd'v W~]~~'~b~ J•~ti ~~yhh ui iht• LO.r,~i@'J~ al.~d~'lti! p' ;~,f'; t~5 d! L~dMp~ 4hd1!
~ake all neClSSa~Y StApS IOt SuCA pu~pOS@S Bank Or rt5 nom~nae nee.f np2 Cu;ipcl ui[r~r~t u~~ i.r p~mc.{~3• of an~• Cuu,j~er~li Or y„f~ 3•~y ~~~~t.Cr titi,~ti rrsvect
j ro~t. R~ght ~s haraby eapress~y gr~nted to tne Bank at RS OpbUn i0 c~a~ste~ 0t d~~; t.n'~r IU I~C~1 Ur (u ~1S nUn'.ne~ d„y Coi•atEtd~ n~~d to re~ r~ve the ~^CUm@
j thereon and hoid same as setunty hereioi or apply ~t on tne pr n:,~~ai o~ +~•tr~rse du~ r~e~ron u+ a,,e on a~~y 6a~~Lty sec..~eA hereb, 4
j Upon the happ~rning ot eny of the toilow~ng events each of wh~rh s?~a~~ ~n~~~r~tute a oe~a~it ne~c~un:fet o: rf;r,e B.~•iM de~ms ~ISe~t ~nsecure the
E enUro unpa~d balance o~ th~s note and al1 other I,aDd~t~es ot eac~~Make~ ;o Bar~. sr~n tne~e~p~,n l~erra~!e, at the apbon ~f Bank .v~i'w~t n~nce or
~fem~nd, beCOme ~mmed~ateiy due and payable lal ta~iure of any Ob~~gor to ~ e:!o~m any ~~i~~grlnPM hQ~r ,nde~ or to pay m(ull ~vnen itue any f~ab~hty
whetfMVer to 8ank o~ any ~nstelment thereof or mte~est thereon. Ib) the death of any Obl;yu~ ;c~ the hling of any petrtion under The Bankruptcy Code
or ~ny a~mds. (ederal or ststs statuts by or ega~nsl eny Obi~gOr. (d~ an apuhcat~un (o, the appo~n!ment of d rece~ve~ (or the mak~ng of a general
ass~gnment fOr lM benet~t of tred~tors by. or Ihe insolvency of. eny Obhgo~ Ie1 ihe entry ol a~udyment aga~nst any Obl~gor. ((1 ihe ~sswng of any
att~m~nta O~ garn~shment. w ths filing of any lien, against a~y property of an~~ Obh~o~ igl :he tak~ny of possess~on of a~y substanual pan of the
proWrt~l of ~ny Obl~or st tM ~nstance of any governmental authonty. Ih? the d~ssotu~.o~. me~yer consol~dauon. or reorgsmisuon of any Obhgor: tM
deterrrunatwn by e~nk that a maier~e~ adverse Change has occurrad ~n the hna~ic~a' ~or~d~t~~n uf an~ Obleyur hom the ~ondrt~ons set fortA ~n tAe most
ree~nt financ~al statement o1 such Obligor heretofore fum~shed to Bank. or fr~m U~e ; u:~d~~~i,n ut such Ob~~yor as hereto(ure n~osl recent~y discbsed to
8ank ~n any manne?. or thst any warranty rep~esentat~on cert~f~cate o+ statemen! pi ,:~iy Obl~yo~ iwhether contamed ~n this note or nutl pertaining to or
n ppMeCt~on wrth th~s note Or the loan ev~dented by th~s note ~s rot true. the a~~~gnment b~• .~ny MaAer ot any e~wty ~n any of ~he Collateral w~thuu~
~he written consent o1 8ank. (k) ieilure to do aIl thmgs :iecessary to preserve and m„~r.ta~n the va!ue and collecuD~hty ot ene Collateral ~nclud~ng but not
~~m~ted lo. the payment of taxes and p~emwms on pol~c~es of ~nsurance un tnc- due date w~tno~,t benefit ~f the grace penoA
Untess the Collataral ~s penshaGle or threacens to de~i~ne speeddy ~n ~a~ue o~ ~s ot a t~; e customar~ly sold on a recoymzed ma~ket. 9ank w~ll yrve
Maker reasonable not~ce o( the Ume and p10C9 O( any pubhC 581C th@~eof Or oi the t~me aftei wh~ch a prwate sale wd1 ue he;d The reqwrement ot
reasonabl~ noucs shail be met if such not~ce ~s ma~led. aostage prepa~d. to any M~~er at the addrecs grven below or a? any other addrass shown on the
~ecords of the Bank. at least ten days before the t~me o} the sale Uport d~spos~~,.~n or any Conaterat or any real property secu~~ng th~s note after ihe
octurrence Of any default hereunder. Obhgors shall be and re~na~n haA,e for an~ dei~c:er.cy anU Uank shall account to Maker for ar,, surplus but Bank
shall have the nght to app~y al{ or any part of such swptus tor !o hold the same a~ a rese«el ayainst any and a!i other Lab~ht~es uf each or any Maker ~o
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Bank shall nave. but shsll not be um~ted to. the toilo~+ing nghts ~::h of whr:h mo; :e e~e~cised at any Nme whether or nut this note ~s due (a) to
p?edge w transfer th~s note and the Coltaterai. ,n~heroupon Bank shall oe rei:eved oi a:i c~„c~es and responsibdrties hereunder and reheved trom any and
au hab~6ty w~th respect to any Collateral so pleeqed or trons~erred an;1 a~y pled_yee o• trdr~steree shaU .'or all purposes stand ~n the place oI Bank
hereunder and have al~ the nghts of Bank hereur.der. 1b1 to transfe~ the ~vhole or any ~,art ~t the Collateral into the name of ~tself or ~ts nominee: (cl to
~ ~~ot~ly the Obl~go~s o~ any Collateral to make payment to 8ank ot any amounts due oi ro become due thereon: 1d) to deTand. sue for, collect. w make
~ sny tompmm~se or settlement it deems des~rable with re(erence to the (;ollaterat. and ~e1 [c taMe possess~on or contro~ ot any pruceeds ot Collateral
No delny or amiss~on on thb part of Bank m exeress~ng any nght hereunder shalt operate as a wawer of such nght or of any other rtght under th~s
note No weiver or eltereUOn shall be bmdmg on Bank unless m a wnUng s~gned by an authonzed Bank otGcer, and ihe~ only to the extent spepf~tally
set ~orth therem Presentment, demand. protest and not~ce of dishonor. are hereby wa~ved by each and every Obl~gor The tak~ng of a renewsl note
w;tAout the s~gnature of any malcer or endorser liabie on this note shall not be deemed a payment or d~scharge of th~s obl~gation and the t~ab~l~ty created
hereurtder shalf cont~nue until this note ?s paid in full. The Obligors. ~ointly and severati~•. prom~se and agree to pay atl costs of collecLOn. includ~ng
attaneys' fees equal to i O`l~ of the amount fmanced. or such larger amounts as may be reasona5le and ~ust ~f collected by Iega1 p~oreed~ngs or through
;,n attorney ~t Isw. ~nclud~ng eppellatQ proceedings. The release or d~stharge ot any Obl~csor sliai~ not effect a d~scharge or release of any other Obl~gor
The riyhis 01 tM 9~nk Aereunder end under any security agreement. mortyage. or otf~er document turn~shed tu the Bank are cumulauve
TNE fOLLOWIN(i PARAGRAPH ADDITIONALIY APPLIES TO ENOORSERS HEREOF
In tddttion tp 1M liabiiity N~ndprsers. which the undersignad heraby aswme. tor value iecerved and ~ntend~ng to be legally bound. the
u~de+r:iy~d (snd if more tfNO OM. ~~Ch of ther jointly end severa11y1: (a) hereby become surety to tAe psyee o( the within note. its sutcestors.
erdOtsMw ~d ~ittpns. jOr tl1~.pNnMnt 01 tM Mritl~in note. and heroby unCOnamonaUy gua: antee the piyment of the within note and all extensions or
tl~a~ot ~fd ~1! stMA~ p~blR ~Mfds? or by virtus thsnoi includinp, wrthout hmrtauon, all amounts oi principel and ~nterost and alt expenses
-~rM~.,a~l~.~j`iA01nld M1 tlN OO~s~tion tlw~eof, the enfortement o( nghts thereunder or with respect to any security thereo( and the
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_ ,'iM ~hi4 ptii~nbMnt dsmand, notice ot disfwiwr, protest and all other nooces whacsoevar. and (b) consent and agrse: (i) th~t all
~~~c , _.nlp b~ ea~dynp~d. nls~s~d. surtendsred or sold irom time to t~me: lu) thst ths psyme+~t of th~ note. or arty of tNe liabilities of
: fi~f ~ ilNy br ~t~M~d~d a said nots ronewed any number of times and for any penod (whether or not bnpsr than ths original period ot said
nOb}:' ~th/t dt~ h01dK OI ssid nots msy grant sny rele8ses. compromises or indulgences with respeCt to said nots o? sny extens,orts or renewals
tfltr~0{ Or Mry MC~Kity thsr~for Or to any party I~aWe thereunder or hereunder (~ncluding bu: not I~mrted to failure ot refusal to exercise one or mors Oi
dN riphts or rorrwdies prcwided by said notel. and (iv) that any ot the prov~s~ons of sa~d note may be modfied, all without noUCe to or consent of end
withOUt stf~ctir~q ths liabiliry of the unders~gned as e~dorse~s and suret~es. and turther cunsent and agree that any of the undersigned may be sued by
the twlde~ hereof with or without jo~ning any of the oiher e~dorsers or makers cf sa~d note and w~ihout (irst or contemporeneously suing any such other
persons. w otherwise seeking or proceedmg ro to:lect irom ;hem or cn/ oi them, ai:d wnhout hrst or contemporansously undertaking to enforce eny
nghts with tespect to eny secunty.
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R~qu~red on th~s Nots ~
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~nnK 413 PAGE t7~7•J s-~o-~es iAe~ a~e2i M oeo-so-~n
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