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HomeMy WebLinkAbout03-1751 ~,~- c. UNSECURED PROMISSORY NOTE SUBJECT TO ACCELERATION Overdue Rent It is a~e~ by. / "Maker" flint the foll. o~ng S~, "Pays" for ~e p~t ~paid rental: TOTtLL DUE amount i.s 'nov~ overdue to Dana Payment Terms /3 III. All indebte~s provided for in this Not~ shall becorn~ dt~e and payable immediately, without denmfftl or ~saticc, on the oc, cuttenc~ of any of ~ following: 1) Default in ly~ytneng or peffo~xtance of this Note or ~ other obligation of M:fltea' to Payee, wheth~ m~<l¢ dircctty between Maker and Payee or made l~y ~ and acquire6 in any manner by Payee; 2) DiscoveD' O~at any .,nisrep~eaemafion was made to Payee by or on belxalf o.f Malc~r for the purpo~ of obtaining credit or an extension of credit; 3) Th~ tn~lvengy of Maker; 4) Th~ call of a meeting of Maker's creditnzs; The call of a commtae, e of Maker's areditora; 6) 9) Aa ~me, nt for tho be~fit of M~'s ~a~lgor~; Tlg voluamu3, or invotuntm~ applie, a~m for, for Malmr; Th~ £tling of '~LUck;r may of th~ provi~m of Thc i~....neas of a wgr~nt of att~lll~nt or ibr distraint, or of a no0~ of latX i!) M~ker's f~ilare ~:~ l:~, wtthl~o!d, eoll~! or Iv, mil .~my ,~x o~ tt~. ~ whea ~ or due; 12) 13) ~4) 16) 17) A d~U~nnin~tkm, r~pons~tlirg tu~, lx-con~ lml~tte, d or ~f~tory to 'Paye~. F~tun~ m~ ttg p~ of Maltzr, ~ d~n~md, ~ fumi~ fa.mm~i~ iv, formation M~,er agre~ that if any imud~ payment t~ unpaid [or a ~yoM im ~ d~, it would ~ ~~b~ or ~ue~ ~t d~g~ r~uifi~ m-~e ~lder. ~mfore, ~r ~Ry, ~ con~ P~ye~ for 1~ of ~ of ovz~ ~ .~r ~n ~) days, ~ M~r '~ ~ O~uR of VII. VIII. y~aive~', t, ff'l;h~h~W?: ~/t~flr~. ~ff~nm,. :and lh'oC~t The Mtk~r anti alt ~m~,ti~. ~, ~ ~ad~r~ svverally waive and ptc~¢~ for lamymem, notice of diahouor, notic~ of prote~, ~ of ~ No waivex or modification, of thc m'mm of this No',e shall .h~ v~lid unk~ in writing, Z!g. ned by Maker aud Pay{:{:. Any modifi~ shall b~ valid ordy to ~ cx-~r~t ~t forth in writiu{~, W~ver of Trial Bach party, includt~ the Make' and any cndor~cr, surety, atmonunodation lX{xty, or ffuax~, waives .all fight to .tri~ by. ju.w l.u any action or proa~ing ir~tbgote, d in re, ap~t to th/m Not~, ThJ~ Note da, il bc comtuoed ~r thc law: of d~ Commo~th of Pemm~ylvania, including th~ Uniform Comn~rcia! Code, a, euact~d and tn force- -in thc Cotm-aonw~tlth of la~m~ylva~ix. The M~k~r of thi~ 1NOte authorize~ any n~y at hw m ~ ~om ~, any $~te ~ ~ U~ ~ ~t ~y ~ ~ ~ ~ ~~ ~, w~ ~ for t~ ~no~ of pr~l ~ int~em ~ a~r~ ~ ~ ~ ~'~, roger WARNi2~O - BY SIGNING TH~ PAPER YOU GIVE UP YOUR RIGHT TO NOTiCI~ AND COURT Tll/AL. IF YOU DO NOT PAY ON TtM~, A COURT JUDGMF24'r MAY BE TAX. EN AOAINST YOU WITHOUT YOUR PRIOR E.q~'OW~DGtl A_ND ~ POWttRS OF A COURT CAN BE ~ TO COLLECT FROM YOU RF. GARD~ 01~ ANY CLAD~.S YOU MAY HAV~ AGAINST T2~q~E CREDITOR, WHtrrHER FOR ~ETI./RNED OOOD8, FAULTY o___.qDOD$, FAILIJI~ TO COMPLY ~ TlqE AO~, OR. ANY OTHER CAUSE.