Preview
FILED: ONONDAGA COUNTY CLERK 03/26/2024 01:06 PM INDEX NO. 003157/2024
NYSCEF DOC. NO. 2 RECEIVED NYSCEF: 03/26/2024
"A"
Exhibit
Promissory Note/Security Agreement/Personal Guaranty
FILED: ONONDAGA COUNTY CLERK 03/26/2024 01:06 PM INDEX NO. 003157/2024
NYSCEF DOC. NO. 2 RECEIVED NYSCEF: 03/26/2024
THIS IS A COPY Page 1 of 3
DOcuSign Envelope ID: 4F82D781-2F4E-4E79-9432-CA04EBB6AD47
This Is a Copy View of the AuthOrltative COpy held
FINANCING
AGREEMENT
(LimitedLiabilityCompany
(LLC)) by the designated Custodian
PROMISSORY AGREEMENT/PERSONAL
NOTEISECURITY GUARANTY
Agreenant
No.. 1141676
NAMEANDADDRESS
COMPLETE OF CONFLETE
NAME OFGUARANTOR
ANDADDRESS COMPLETE
NAME OFDEBTOR
ANDADDRESS
CREOlTOR
Bankers
Healthcare
Group,LLC SaraWhittle JoshusWhittle Uncommon
FitnessLLC
10234 Road84
W StsAs 720Spelnghill
Drive Drive
720SpringhAl 720SpringhH1Drhe
D1mrle
FL33324 Hurst,TX78084
Hurst, Harst,
TX TX
70054 76054
(800)9904401
L
Thedateof1hisPromissory Agreement/Personal
NotefSecurity Guaranty
(cellectively is1hedateofexecution
"Agreement") notedbelow. andtheiraddresses
Theparties areasreAected
above
FORCOMMERCIAL PURPOSES ANDVALUE RECEAVED. Debtor doesherebypromiseto payto Creditoror ItsOrder,attheaddresslistedaboveor at suchotherlocationasotherwisedesignated by
Creditor,the1stalsumofOneHamdred FortyThousand,FiveHundred Sixty-Four
DOLLARS andSixteenCENTS whichrepresents
($140,$64.16). thetotalofpaymentsofprincipal
plusinterestdueandwhich
wAbecome dueherewiderimmthedateofthisAgreement un1il
thematurity whichsumsshanbepayaMe
dateofthisAgreement, in nonthlyinstallments,
assetfor1hintheAddendum here10.whichis incorporated
hereinbythismference.Inaddidon toAelotalsumofpayments Deb1ordoesherebypromise payaNo
10payinterest computeddailyontheou1slandag principal oftheAgreement
balance deterntned asofthe
doseofbusiness oneachdaycommencing onthefundngdaleanduptoone(1)monthpriortothefirstpayment dale. Intenm whenapplicaNo.
interest. wil bedueandpayable onemonthpriortothe6rst
scheduled montNy paymentandwil bedeductedfromtheemount fundedtotheDetter
PAVMENT(S 91THEAMOtlNT
OF GEGBfNMG
ON
THE PAYlAENTCOMMENCEMENT
DATE L BE
96 $1,464.21 REFLECTED
ONTHERECORDED
VERBALVE DN
FORM,
PURSUANT
PREPAYARENT: TOTHETERMSOFTHISNOTE, HASNORAGHT
DEBTOR TOPREPAY,
INWHOLE OFTHis
ORBl PART,FORTHEFNtST12MONTHS .CREDITOR,
SUBJECTTOTIE TERMS
HEREOF,UPON
THEREQUESTBYDEBTOR,
WILLAMEND THEAGREFAAFarT
ANDMODIFY 80 ASTDALLOW THISCOMMERCIAL WHOLE
OR
THEFUtST12AGONTHS.
INPART,AFTER
INTHEEEVENT
OFAPREPAYMENTPERMITTED
UNDER
THETERMSOFTHISAGREEMENT, SHALLPAYOUTST
DEBTOR ANDING
PR3C CE,A D IFICATION
ANDAMENDAAENT
FEE,ANDANYOTHER
OUTSTANDING
FEESOWED, . ,.
AUTOMATIC PAYAAENT(ACH).AHpaymangs withthisNoteshallbemadein thelermofanACHIransfer
in accordance b account of anACH
s 1ermination
without
authorizallen theCredith priorasittenconsent aneventof deleult.
shallbeconsidered ShouldDeMorlarldriate
anACHan and
Creditor, payments bycheckorother
non-ACH kumofpayment.Debloragrees10paya service, handlingandaccoun1ingexpense
feetoCreditor
pastfAngimm a in anamount ofthe
10fineenpercent(1ti¾b
payrnent
thandue. . . '..
DS
consult
NOTE:Planae yourCPAandfor IIyoudonotunderstand
Attomey thelerms.strudure
andconditions thiscomil r al nole. . - ..,
I. PROMISSORY NOTE (I have read and understand that I executi omi ory no itiaY )
ag
DEFINITIONS
-Equipmenr rnaans anpropertynowor subsequenly usedor boughtforusebyDeb1or In andan addilonsattached orSMixedtotheproperty'Chattelpaper,ª'Instrumenh-
"intangibles"
and*accountrshaA havethesamemeaning asdegned CodeoftheStataof indudeallaccounts withou1
(Induding, limilation,allaccounts receivaMe).
generalimpugees(mdudng, withoutlimite1ion,
contractdghtsandtax papossessedgo el paper(Including,
wilhoutIdidla9on,
leases)andInstruments. andaAinterests of
Debtorinangu agreements andother ofobrlgelionsunder ofthe foregoing.'Proceeds"shaA mean pmceeds of any characlerwholher cashgr
searity property any
nonÄ:asit'Invenlon meansanproperty, parts
andacco whether ornotafllmeder attachedinwhichDeblernowhasor maysubsequently acquire a nyrigh1. gtleor
interest.
"AccowitsreceivaMe"
means anaccounts, agree chooses ando1herformsofcadgpdom noworhereener received byer belongingtoDetHor forgoodssoldby Debtor or
forservicessanderedbyDeb1orandallrightsofDebtor to undercan orrenderservlons.Tsoodwr meansthebene6t thaliheDeMor'sbusiness acqulses beyond themorevalue
ofitscapAalslockandtangiMe asaresult ofits . "Specific means aA property'
AII asdescribedonSchedde "A'attachedheralo. Property"
"All means a llproperty
assets, following property
ofeverycloscripton.
SECURITY BITEREST. Debtorgrants tor"a in 4pil thedgN,Alleandinterest ofDeMorInandtoAccounts Recehatiles,Inventory,Insgruments.
Equipment, Intangibles.Accounts, Chattel
Paper.Geodlil% SpadAc Papasty Pmporty thereof the'Calagerar7
(colec1vely, Thisseenvilyinlamatisgranted10Cred1or byDebtortoseareperformance andpayment ofal
obligations
andIndeNedness of Nor forthherein.
DeMor agrees
toaBow credlorID1Asa I GÛ"1Inandng Slalament slate.
intheappropriage
PAYMElW OF OF OR.DeMor shal toC anysurndueor1hatmaybecome duepursuant 10thiseyeement. DeMorstudipayloCradleral amounts dueintheformofcashand
negoliable theCollaterala toC orpursuant 10thisagreement IntualforOradAer andDublorshanpmngidy turnovertheColleletal 10Creditor, andtheproceeds thereof
forapplicalion to nrequested byCreditorTheorderandmethod ofsodiappication againsttheindatitedness IstobeInthesole disceGon ofCreditorDeMor shal
payCreditor anesponses orpaldby in exerdaing orprotecting itsinterests,rightsandremedies underthissecurny agreement, plusInterest onsuchamoung atthemaximum legalmle.
DEBTOR"S A AdREEMENTS. Debtorrepresents, warrants andagmaslhataAtampetlapsuppledandstatements madeby DeMor in anyAnancIel, creditor accoun5ng
slatement or Annforcuest , anted oneously with,orsubsequent totheexecution ofthissecurityagreement amandshaA beIrue,conect,complete, validandgenuine. Detitorauthorizes Creditor
lofile.at . all orotherlinergoing statements. Oghtor shaA payeASstsof anyAAngs of IInandng stalaments atotherpapers.DebIor shallpaypriorto delinquency egtaxes.charges, lions
andasse the andonDublor's failuretodoso,Credger at11s opdeninay payany ofsuchitems andshalbetie sole Judge,asbetemen it andDebtor, ofthe o
legality r valdity thereofand
meamotat Suchpayment shallbecome partoftheIndebtedness soaredbyghissecurity ageement andshagbepoldtoCreditor immediately andwnhout demand, withinterest
meroon atthe shell.atall1rnes, keep gheConeteral Iree from any adverse Uen,securtly infamsf,orencasnbrance andingood order a ndrepair a ndwillnotwaste ordestroy t heCollateral
or anypet thereof; notusecIherCoNatural Invioladon of anystakneorordnance; andCredlormayexamine andInspect theCOAateral at anyGme, wherever located.DeMorsheAprovide at
documents necessary to perfect,pmtedandpreserve Credilor's in theCogaleral,
Interests indudingpmuldng aAAnandng stagemngags..
Detitorshagnot,volunterly or involuntarily, subjecttheCollateral cr its
proceeds, oralIowtheCollateral oritsproceeds tobesutpected b anyintereslof anyfransforce, buyer,secured party,encumbrance, levy,execution,attachment, gamIshment or thirdpartyperson.Deber's
equipment, inventory andchieIexecuUve of9cesandprincipal placeofbusiness shalbe1ocated attheaddress setforthabove.DebtorshallnoEfyCreditor promptly in writingof anychanges in thelocation of
Debtor's pdncIpalplaceof business, chiefexecutive onicesor 11s equipment or hveniory,includoganyadd1ions anddscon6nuances. ANpmvisions ofthisFinandng Agreement preincorporated hereinby
reference andshal b econsidered matedal terms ofthis Secunty Agreernent.
EVENTS OFDEFAtJLT. Intheeventof default, emebeingofIheessence, theonline amount ofprincipathenunpaidandaAunpaidinterestshallbecome, vethout notceordemand, athe optonoftheCredtor.
immediately dueandpayable.Events ofDefaull shanindude.butnotbelimitedtothefogowing 0)Debtor's failuretopaylimelyanyamount dueunderthisNote;(iSDebtor flesorhasinstituted against Debtor any
bankrupley or insolvency proceedngs or makesanyassignment ibrthebenefitof credi1ors; !ii) DebIorselesubstantially allof theDeMor's assels,ora material change in theDebtor, a votungary or involuntary
dissolution ofDebtor orthed1ing ofapolition 10dissolve theDetdor;Ov)Deb1or opmmits fraudorrnakes any material inthisNote;(v)Debtor
frdsrepresentation fails1p abide by ghe larms of1his Note; (vi)Debtor
o r
defaWts onanynole(s) orotheragreemen1(s) Deblorcurrendy has,or anynote(s) oragseemen1(s) DeblormayhaveinIhefuture,withCreditor; (viSdeathofagmatanlorIncaseof anyactiontakenandibrsuitor
tegalproceeding instituted by he Credger or anydesignee toenforce thecollecton ofamounts dueundertheFinancing Agreement and/orhe relatedloandocuments executed therewith, allcostsandexpenses
incuned, induding reasonable attomey feesandcosts,shalbepaidbyDeNorandfor Guaraner andshal-become somuchadditonalindebtedness assecured bythisAgreement.
INTEREST AFTER DEFAULT. Upontheoccurrence ofanEventofDefault, Credierseserves thesight10inceasetheinterest rateonmisNotebythemaximuminterest rateagowable underapplicable taw.
TIMEISOFTliEESSENCE. TimeisoftheessencehereofupontheoccurrenceofanEvemofDefault
hereunderCreditor oritsassigns
mayexerciseallrightsandrernedies
provided andbylaw
1brherein,
indudng,butnotlinitedto,therightgomakealtpdecipal
remainingonthisNoteandanottersumsunderorinrespect dueandpayable,
ci thisNoteimmediately without
nc6ce presentment
ofdefault, ordemand
for
protest
payment, ornetioe ofnonpeymentordishonor,
orolbernotices
ordemands ofanykindorcharacter,
ex:eptasspedlied topayal costsofcollecting
herein.Debtoragrees anydelinquent
payrnents,
algorneys'
indudngreasonable fees,aspermitted
byappicablelaw.
1.ATEPAYMENT, In1heeventDebtor failstopayaAoranyagnpunt tobepaidhereunder whendueDeb1or wil·payCueditor
alatechargeequaltothelesserof(a)10%ofthepayment thatislateand(b)
memaxisrum amount perrrilledbyapplicatne
law.Thelatecharge isnotinterest butramerhea feetodefrayadministrative
ora penalty, cosisresuldngimmsuchlatepayrrent. WAlVER. Deblorhereby
waivespresentment,
ac1ceofnonpayment or dshonor,protest,
notceofprotest, derrandandal othernotices Inconnection
with1hedeMvery, performance,
acceptarice, defadtorenforcement ofthis
agreement.
TheCrediershallnotbedeerned, byanyactofornission or tohave
corrurission, waived anyofitsrights hereunder
urrernedies unlesss uch
univer i sin andsigned
writing by suchhotdar
andthenonlytotheextentspeciScaly setIosthinwriting.A waiverwithreference tooneeventshallnotbeconstrued orasa barb orwaiverof anyrightorremedy
ascongnuing astoasubsequent
eventNodelayoromission oftheCreditorio exercise
anyright,whether before shanImpairanysuchrightorshanbeconstrued
oraltera defaullhereunder, tobeawaiver ofanyfiÆtor default,andthe
acceptance
atanylimebytheholderhereofof anypastdueamount, whetherinful ofinpart,shallnotbedeemed labeawøveroftherighttorequire pmaplpayment whendueof anyotherarrounts
menormereafterdueandpayaNe
FILED: ONONDAGA COUNTY CLERK 03/26/2024 01:06 PM INDEX NO. 003157/2024
NYSCEF DOC. NO. 2 RECEIVED NYSCEF: 03/26/2024
THIS IS A COPY Page 2 of 3
DocuSign Envelope ID: 4F82D781-2F4E-4E79-9432-CAO4EBB6AD47
This is a copy view Of the AuthOrltative COpy held
TERMINATION. Uponpaymentinfunofanprincipalandaninterest
asprovided intNsagreemenl,
thisagreement
thaMbedeemed cancenedandt Mph Gllai5t,whether
byacceleration
ormduecourse,interest overtheactual
shallberecalculaged Efeoftheloanbaseduponhe arrounts andif thetotalarnoufit
outstanding, ofInterest paidexceeds
theretofore theamount
10bepaidenderapplicaMo
permitted Inellectfromtimeto1ime,
iaw,rule,ormgulation theexcess lo Prindpalor if suchexcess
shalbecredited exceedsthePrincipal
emountduehereunder.
sofund
ed
totheDebtor
on
II. SECURITY AGREEMENT (I have fead and understand I am executing a security agreement and acknowledge
that a UCC-1 Financing Statement will be filed In the appropriate state INITIAL.;) .....
OTHER REPRESENTATIONS
ASSIGNBENT, Withoutthepriorwinenconsent ofCreditor, Debtorshallnotself,leaseor allowargylionotherthanCreditor's intesent
securtly againstanRamofCollateral orassignanyofDebtor's obligations
hereunderDebtor's obligations arenotassignable
hereunder byoperatiosoflaw.Creditor mayat anytime,initssolediscre5on, assig orotherwise transfer
tiis agreement or anyofitsfightsorobligations under
thisAgreemeni,withoutnotice10Debtor.11Debtoris givennoticeofsuchassignment, Debtorshallacknowledge thereceiploftheassigninentin witng andshallthereafter payanyamounts duehereunder as
directed inBeoclice.Therightsoftheassignee 10amounts duehereunder shanbefreeof anyclaimofdefense Debtormayhaveagainst CreditorandDeblerknowingly, eluntarilyandintentionally agreesto
univeandnotassertagainstanyassignees ary claimordefense Detnctmayordoeshaveagainst Credler AIInghtsandremedies afCreditor maybeassigned, transferredorotherwise disposed of eitherin
wholeorinpart.toanyperson crtoDebtor.
COMPI.IANCE AGREEMENT. ForandinconsiderationoftheCredterentering intoand1unding thesums soughtbyDebtor inconnection withthesubjectAgreenant andforcreetfaolityandinconsidera1ion of
Debtor
1hesubjedIransaction. ageesgocooperate promptlywithCredLor,
Itsagents andforassigns, inthecorrectonorcompleton ofmeloandosingdocumangs. if considerednecessary ofdesirable byCredIor
andforitsagentsand/or
assigns, reflecttheagreement
toaccurately ofhe partiesDeb1or understands ghatthismayindudetheexecution ofareplacemeal Agreernent, areplacementSecurity Agreement, or UCC-
1Financing leretecttheagreed
statements, uponterms,inwhichcasetheCreator agrees torelumtheoriginal ofthereplaceddocuments toDebIor.Inaddlion.Debtor acknowledgesthatsomeoraUofthelean
dosingdocuments wereormayhavebeenexecuted inadvance oflhodateonwhichthesubject loanwasfunded andthat.assuch,certainofthein1ormabon setforthontheloanclosing documents mayhavenot
beencorvplete.DebtoragreesoMcooperate
It thelilingofar.ydocumematon needed 10establishandrnaintaintheDebtor's
company, LLC,d/b/aoranysuchcorporate enityandagows Creditor theri t goillethe
sameonitsbehalf.
FORM 4606-T:"REQUESTFORTRANSCRIPT OFTAXRETURN"fFORM 8B2t "TAXINFORMATION AUTHORIZATION". thetermofthusAgreement
During Deb1or 1hatuponrequestofCreditorits
agrees
successors
oressigns. winfusnish
Debtos asigned
Form4506-1-Rempest ci TaxRetum-
fogTransctst ORFormB82UTax indormation
Autheization".
Fucher, Debtoracknowledges
and thatCreditor.its
andassigns
successors rightto,atCradlors
have1he andtavlour
request
diamelion, Debtoes
Transcript
ofTaxRelumorTexInformation dainghe larmoffis m1alelrthld . 'I
Authorization
APP1.1CABLE LAWlJURISDICTION & VENUE,Thelermsof1heFinandng Agreement andat loandocuments executedherewithshanbegoverned byandcons1rued In d"thmlive
and
procedurelawsofIheSlateofFlorida,exdusiveoftheprincisdes oflaws.Verineforanyadionbrought
ci conAict shallbethechoiceoftheCredtor,
hereunder, andshaAbe either Cotely.New
Yorst
orBroward Flande.
County. or.,NtheacAerginvehms orisbroughtagainst Ina statecxmitIrg
theCoAagaral. thecountywheresuchConateral islocated,
wherer equired
1 0 as10 oragainst
theCona1sral.unlessCred1orselectsananema8ve forum.Debtoragreeslo subtrittomepersonal purisdcAnn courtintheStateofNew
oftheappropriage Broward
Florida,
County.forellsuchdisputes.Dabler waivespersonal
expressly serviceofpgocess andastorizesservice ci processonDebtorbyregistered mallorcer1fled deAvesyservice
senttoDebtor's address
essetlorthinmeIriIroductoryparagraphofthisAgreemare orsuctig51ermanner asmaybepemilledunderappilceble law, 315. mayhave10
transfer
archange thevenueoIanyliAgasonbrought againstDublorbyCredtor, therigMtointerposeanydefense ormotionbasedonForum Non Ang punitive
or
special
damages. W'.
THEDESTOR ANDALLOTHERS WHDMAYBECOME LIABLEFORALLORANYPARTOFTHI$OBLIOATION, JOINTLY AND , WAfVE D IUGHT TOA TRIALBY
JURYIN RESPECT TOANYLITIGATION ORPROCEEDDIG, BiCLUDBiG ASTOCOUNTERCLAIM BROUGHT BYORA D ON AMISBtG FROMTHis
AGREEMENT, THESECURITY AGREEMENT INCLLIDED HEREnd, ANDANYOTHER DOCUAENTS ANDAGREEMENT THIS CONTRACT,
INTORTOROTHERWISE, THETERMS O FTHIS JURY TRIAL WANER AID DEATOR'S AGPMmmIT HERETO 1 8A CREDITOR TO ENTElt
INTO Tult TRAAtBACTION.
DEBTOR FURTHER WAlVES ANYRIGHT TOREMOVE ANYSTATE COURT ACTION TOFEDERAL COURT. . .
IbE .
(I have read and understand the applicalple taws Jurisdiction, venue an rs I L: )
NOTICEAnynoticetoCreditor wlAbeeAectiveonlyonitsgeceiptbyCredtor,Any noticeto sentbyr ngthenotce.postage prepald; or Igynationaty
byhand-dnAvery
recognizedovemight service
denvery 10theDahlorattheaddressstatedinessageomant bedeemed to cepostedwnhIheUnited Service
StatesPostal ontheeargerofthethird
business
(3"e) ofthenoticeorthedateofecluelreceipthitheaventof
dayaltertheposUng byhandorbyovemight , Debtor
shanbedeemedtohaverecalvedanysuchnomoeonthedateof
actualdetvery
ofthesome
BINDING EFFECT, ThisagreementshaAinugelothebeneA1ofand ontuihi , successors
,adrrinistrators, andassigns oftherespecthe stAdect,
parties, houmver te1hesestricAnnagainst
assignmentbyDeblor.Theseabigadons owedbyDeblor(s)and behr several
apeement ofansigning
FURTHER ASSURANCES. Debtorshanpmvide an andpayaA Beesand , butnotAINIed to,approprielestateDocumentary Slamps) necessary 10perfed,probed andpreserve
rightsandInterest
Creditor's assetforthin thisFinandng t, providngan statements andothersimilardocuments. Dublorshallprovide Credic3wimallAnandsA inlomurlon and
withinten(10)days
statements ofeachanNiessagdale of orwith days ofwritten r equest
forIhesome byCredilor1hroughoutthelannot e iisFinandngAgreement
. -- . . ..
COMMERCIAL TRANSACTION. De andsepresents thatthisis a commerdal l3ansaction,thattheDebtoris in feda bushess, andthatall necessary goeuses, perinigs,
reestratonsandotherdoagmenta beenfi suchthatthebusiness
aulhod6es, isintcompliance withstaleandlocallawsforthetocalityoftheDebtorFurthermore, Deb1or doeshereby
aciniowledge, andrepresen
warrant, any andeA of A greement shaA beused forexpenses, purchases
projects, orotherI Iransac1ons
tnancial "=wMwl wHhandforGie benalitof he
Debtor - ·nandng
.(
EFFECT OF INV eventanyone of urfurovisionsaudained inthisdocaument shall,foranyreason. beheld10beipmenig him yg|| g g gIggga ageamMs [n g g gCt.guch
inapplica d or shot optonoftheCredAor, notalledanyotherprovision ofthisdocument, butthisdocument sheAbeconstrued asIfsuchappAcaNo. InveAd, Alegator
unenfo hadnever nodherein andtheremelnirg provisions
wlAbeunaffeded.
ENTlRE ENT.The relatedloandecenants executed contemporaneously therewilh theentireagreement
constitute ofthepartiesastothesudded maBar andshallnotbe
amended,a changed awrittenagreement signedbytheparnes.AnywaiverbyCreditor grnast
beInwrI8ng, andforbearance shennotbeconstrued norconslihde awolver.IIthese15grmethen
oneDebtor nthis EaM5ty ofeach shelbejoint a ndseveral.T heobAga5ons pasuant tothisAgreement shalsevivetherelease o fthe I
security h
nlerest theca ahwaL Debtor represents
andwarrants on subgdtted to Credbrlecoggglete andtrueandthatINsApeement hasbeendutyauthorized by DebtorandonexecuUon, shaAconstitute thelegal,vegdandtindag
othgatonofIhe
Signed by
x 6/21/2022
SaraWhittle. Managing 5753C1F489. Date
Uncornmon FitnessLLC
PERSONAL GUARANTY
Forgoodandvaluatde consideration, thereceipt andsuMciency ofdichis heretlyacknowledged, andloinduce Cradlorb makebansandotherwise angage in anyoAtertansacionwilhDehlerfromtimetotime.
Guaranistabsolutely,irreNcatlyandunconditonaAy pgomises to payandguaranty
attorneys- mefuBandprogrgipayment ofat ofgheDebt,ashereinafter definedden dLie(udgether at Instmilyoruponmooaleration),
indudng, withoutimitation, ellprindpal, aconsed inlerest. fees andcoladion andcost coststhalenay b eor become d uefrom Deblor t oCredaor in collecEng theDetAashereinaAer de6ned, andb
thisGuaranty
enforcing andabomerapeements withrespect toDebtor. Guaranlar is andshallbeuncondlionaAy liableunderthisGuaranty, gegardless ofdother Creditor pursues mayofitsremadesag inst
Debtor.againstany other m aker,surety , guararter or endorser ofthe DetA ashegehtaller delined o ragainstanyColateral, esthesame is delined a ndselfogth herein. Credfor
t hal have he gigleto tiring atit
aganistGuarantor alone,oranyone elsewhoisobligated onAnis oranyclherguaranty oftheDetit,asheroinefler delinedor anynumber orconbinalon thereof, withoutjoinderofat ofto Ingegoing or Debler,to
celecttheDeta.asdelinedhereinForpurpcess ofthisGuaranty, he term'Dett ahallmeanandgefer todebts, AstgA90s, andobigatens ofDebtor(induding, amositsagreedtobepaidunder
withoutAmitation,
Atelarmsof anyagreements, anyagreernants securing thepayment oI aty detd,toan,Embiity. cr obligation-
ovenfrafts; legersof credt,guaran60s , advances fortams,kisurance, repairsandhar alerage; and,aA
eadensions,genewals refinancing and/ormedicatonsofsuchdebts)dether novrexisting or creeled orincuned intheIuture..dueor lo become due,oratmelute indudngobigations
or con1ngent, andduties
tom1hetermsofalldocuments
orising prepared orsutrrittedforhe gransaction, suchasapplications, securityagreements, dsclosures. public1Aings, theA
Preview
FILED: ONONDAGA COUNTY CLERK 03/26/2024 01:06 PM INDEX NO. 003157/2024 NYSCEF DOC. NO. 2 RECEIVED NYSCEF: 03/26/2024 "A" Exhibit Promissory Note/Security Agreement/Personal Guaranty FILED: ONONDAGA COUNTY CLERK 03/26/2024 01:06 PM INDEX NO. 003157/2024 NYSCEF DOC. NO. 2 RECEIVED NYSCEF: 03/26/2024 THIS IS A COPY Page 1 of 3 DOcuSign Envelope ID: 4F82D781-2F4E-4E79-9432-CA04EBB6AD47 This Is a Copy View of the AuthOrltative COpy held FINANCING AGREEMENT (LimitedLiabilityCompany (LLC)) by the designated Custodian PROMISSORY AGREEMENT/PERSONAL NOTEISECURITY GUARANTY Agreenant No.. 1141676 NAMEANDADDRESS COMPLETE OF CONFLETE NAME OFGUARANTOR ANDADDRESS COMPLETE NAME OFDEBTOR ANDADDRESS CREOlTOR Bankers Healthcare Group,LLC SaraWhittle JoshusWhittle Uncommon FitnessLLC 10234 Road84 W StsAs 720Spelnghill Drive Drive 720SpringhAl 720SpringhH1Drhe D1mrle FL33324 Hurst,TX78084 Hurst, Harst, TX TX 70054 76054 (800)9904401 L Thedateof1hisPromissory Agreement/Personal NotefSecurity Guaranty (cellectively is1hedateofexecution "Agreement") notedbelow. andtheiraddresses Theparties areasreAected above FORCOMMERCIAL PURPOSES ANDVALUE RECEAVED. Debtor doesherebypromiseto payto Creditoror ItsOrder,attheaddresslistedaboveor at suchotherlocationasotherwisedesignated by Creditor,the1stalsumofOneHamdred FortyThousand,FiveHundred Sixty-Four DOLLARS andSixteenCENTS whichrepresents ($140,$64.16). thetotalofpaymentsofprincipal plusinterestdueandwhich wAbecome dueherewiderimmthedateofthisAgreement un1il thematurity whichsumsshanbepayaMe dateofthisAgreement, in nonthlyinstallments, assetfor1hintheAddendum here10.whichis incorporated hereinbythismference.Inaddidon toAelotalsumofpayments Deb1ordoesherebypromise payaNo 10payinterest computeddailyontheou1slandag principal oftheAgreement balance deterntned asofthe doseofbusiness oneachdaycommencing onthefundngdaleanduptoone(1)monthpriortothefirstpayment dale. Intenm whenapplicaNo. interest. wil bedueandpayable onemonthpriortothe6rst scheduled montNy paymentandwil bedeductedfromtheemount fundedtotheDetter PAVMENT(S 91THEAMOtlNT OF GEGBfNMG ON THE PAYlAENTCOMMENCEMENT DATE L BE 96 $1,464.21 REFLECTED ONTHERECORDED VERBALVE DN FORM, PURSUANT PREPAYARENT: TOTHETERMSOFTHISNOTE, HASNORAGHT DEBTOR TOPREPAY, INWHOLE OFTHis ORBl PART,FORTHEFNtST12MONTHS .CREDITOR, SUBJECTTOTIE TERMS HEREOF,UPON THEREQUESTBYDEBTOR, WILLAMEND THEAGREFAAFarT ANDMODIFY 80 ASTDALLOW THISCOMMERCIAL WHOLE OR THEFUtST12AGONTHS. INPART,AFTER INTHEEEVENT OFAPREPAYMENTPERMITTED UNDER THETERMSOFTHISAGREEMENT, SHALLPAYOUTST DEBTOR ANDING PR3C CE,A D IFICATION ANDAMENDAAENT FEE,ANDANYOTHER OUTSTANDING FEESOWED, . ,. AUTOMATIC PAYAAENT(ACH).AHpaymangs withthisNoteshallbemadein thelermofanACHIransfer in accordance b account of anACH s 1ermination without authorizallen theCredith priorasittenconsent aneventof deleult. shallbeconsidered ShouldDeMorlarldriate anACHan and Creditor, payments bycheckorother non-ACH kumofpayment.Debloragrees10paya service, handlingandaccoun1ingexpense feetoCreditor pastfAngimm a in anamount ofthe 10fineenpercent(1ti¾b payrnent thandue. . . '.. DS consult NOTE:Planae yourCPAandfor IIyoudonotunderstand Attomey thelerms.strudure andconditions thiscomil r al nole. . - .., I. PROMISSORY NOTE (I have read and understand that I executi omi ory no itiaY ) ag DEFINITIONS -Equipmenr rnaans anpropertynowor subsequenly usedor boughtforusebyDeb1or In andan addilonsattached orSMixedtotheproperty'Chattelpaper,ª'Instrumenh- "intangibles" and*accountrshaA havethesamemeaning asdegned CodeoftheStataof indudeallaccounts withou1 (Induding, limilation,allaccounts receivaMe). generalimpugees(mdudng, withoutlimite1ion, contractdghtsandtax papossessedgo el paper(Including, wilhoutIdidla9on, leases)andInstruments. andaAinterests of Debtorinangu agreements andother ofobrlgelionsunder ofthe foregoing.'Proceeds"shaA mean pmceeds of any characlerwholher cashgr searity property any nonÄ:asit'Invenlon meansanproperty, parts andacco whether ornotafllmeder attachedinwhichDeblernowhasor maysubsequently acquire a nyrigh1. gtleor interest. "AccowitsreceivaMe" means anaccounts, agree chooses ando1herformsofcadgpdom noworhereener received byer belongingtoDetHor forgoodssoldby Debtor or forservicessanderedbyDeb1orandallrightsofDebtor to undercan orrenderservlons.Tsoodwr meansthebene6t thaliheDeMor'sbusiness acqulses beyond themorevalue ofitscapAalslockandtangiMe asaresult ofits . "Specific means aA property' AII asdescribedonSchedde "A'attachedheralo. Property" "All means a llproperty assets, following property ofeverycloscripton. SECURITY BITEREST. Debtorgrants tor"a in 4pil thedgN,Alleandinterest ofDeMorInandtoAccounts Recehatiles,Inventory,Insgruments. Equipment, Intangibles.Accounts, Chattel Paper.Geodlil% SpadAc Papasty Pmporty thereof the'Calagerar7 (colec1vely, Thisseenvilyinlamatisgranted10Cred1or byDebtortoseareperformance andpayment ofal obligations andIndeNedness of Nor forthherein. DeMor agrees toaBow credlorID1Asa I GÛ"1Inandng Slalament slate. intheappropriage PAYMElW OF OF OR.DeMor shal toC anysurndueor1hatmaybecome duepursuant 10thiseyeement. DeMorstudipayloCradleral amounts dueintheformofcashand negoliable theCollaterala toC orpursuant 10thisagreement IntualforOradAer andDublorshanpmngidy turnovertheColleletal 10Creditor, andtheproceeds thereof forapplicalion to nrequested byCreditorTheorderandmethod ofsodiappication againsttheindatitedness IstobeInthesole disceGon ofCreditorDeMor shal payCreditor anesponses orpaldby in exerdaing orprotecting itsinterests,rightsandremedies underthissecurny agreement, plusInterest onsuchamoung atthemaximum legalmle. DEBTOR"S A AdREEMENTS. Debtorrepresents, warrants andagmaslhataAtampetlapsuppledandstatements madeby DeMor in anyAnancIel, creditor accoun5ng slatement or Annforcuest , anted oneously with,orsubsequent totheexecution ofthissecurityagreement amandshaA beIrue,conect,complete, validandgenuine. Detitorauthorizes Creditor lofile.at . all orotherlinergoing statements. Oghtor shaA payeASstsof anyAAngs of IInandng stalaments atotherpapers.DebIor shallpaypriorto delinquency egtaxes.charges, lions andasse the andonDublor's failuretodoso,Credger at11s opdeninay payany ofsuchitems andshalbetie sole Judge,asbetemen it andDebtor, ofthe o legality r valdity thereofand meamotat Suchpayment shallbecome partoftheIndebtedness soaredbyghissecurity ageement andshagbepoldtoCreditor immediately andwnhout demand, withinterest meroon atthe shell.atall1rnes, keep gheConeteral Iree from any adverse Uen,securtly infamsf,orencasnbrance andingood order a ndrepair a ndwillnotwaste ordestroy t heCollateral or anypet thereof; notusecIherCoNatural Invioladon of anystakneorordnance; andCredlormayexamine andInspect theCOAateral at anyGme, wherever located.DeMorsheAprovide at documents necessary to perfect,pmtedandpreserve Credilor's in theCogaleral, Interests indudingpmuldng aAAnandng stagemngags.. Detitorshagnot,volunterly or involuntarily, subjecttheCollateral cr its proceeds, oralIowtheCollateral oritsproceeds tobesutpected b anyintereslof anyfransforce, buyer,secured party,encumbrance, levy,execution,attachment, gamIshment or thirdpartyperson.Deber's equipment, inventory andchieIexecuUve of9cesandprincipal placeofbusiness shalbe1ocated attheaddress setforthabove.DebtorshallnoEfyCreditor promptly in writingof anychanges in thelocation of Debtor's pdncIpalplaceof business, chiefexecutive onicesor 11s equipment or hveniory,includoganyadd1ions anddscon6nuances. ANpmvisions ofthisFinandng Agreement preincorporated hereinby reference andshal b econsidered matedal terms ofthis Secunty Agreernent. EVENTS OFDEFAtJLT. Intheeventof default, emebeingofIheessence, theonline amount ofprincipathenunpaidandaAunpaidinterestshallbecome, vethout notceordemand, athe optonoftheCredtor. immediately dueandpayable.Events ofDefaull shanindude.butnotbelimitedtothefogowing 0)Debtor's failuretopaylimelyanyamount dueunderthisNote;(iSDebtor flesorhasinstituted against Debtor any bankrupley or insolvency proceedngs or makesanyassignment ibrthebenefitof credi1ors; !ii) DebIorselesubstantially allof theDeMor's assels,ora material change in theDebtor, a votungary or involuntary dissolution ofDebtor orthed1ing ofapolition 10dissolve theDetdor;Ov)Deb1or opmmits fraudorrnakes any material inthisNote;(v)Debtor frdsrepresentation fails1p abide by ghe larms of1his Note; (vi)Debtor o r defaWts onanynole(s) orotheragreemen1(s) Deblorcurrendy has,or anynote(s) oragseemen1(s) DeblormayhaveinIhefuture,withCreditor; (viSdeathofagmatanlorIncaseof anyactiontakenandibrsuitor tegalproceeding instituted by he Credger or anydesignee toenforce thecollecton ofamounts dueundertheFinancing Agreement and/orhe relatedloandocuments executed therewith, allcostsandexpenses incuned, induding reasonable attomey feesandcosts,shalbepaidbyDeNorandfor Guaraner andshal-become somuchadditonalindebtedness assecured bythisAgreement. INTEREST AFTER DEFAULT. Upontheoccurrence ofanEventofDefault, Credierseserves thesight10inceasetheinterest rateonmisNotebythemaximuminterest rateagowable underapplicable taw. TIMEISOFTliEESSENCE. TimeisoftheessencehereofupontheoccurrenceofanEvemofDefault hereunderCreditor oritsassigns mayexerciseallrightsandrernedies provided andbylaw 1brherein, indudng,butnotlinitedto,therightgomakealtpdecipal remainingonthisNoteandanottersumsunderorinrespect dueandpayable, ci thisNoteimmediately without nc6ce presentment ofdefault, ordemand for protest payment, ornetioe ofnonpeymentordishonor, orolbernotices ordemands ofanykindorcharacter, ex:eptasspedlied topayal costsofcollecting herein.Debtoragrees anydelinquent payrnents, algorneys' indudngreasonable fees,aspermitted byappicablelaw. 1.ATEPAYMENT, In1heeventDebtor failstopayaAoranyagnpunt tobepaidhereunder whendueDeb1or wil·payCueditor alatechargeequaltothelesserof(a)10%ofthepayment thatislateand(b) memaxisrum amount perrrilledbyapplicatne law.Thelatecharge isnotinterest butramerhea feetodefrayadministrative ora penalty, cosisresuldngimmsuchlatepayrrent. WAlVER. Deblorhereby waivespresentment, ac1ceofnonpayment or dshonor,protest, notceofprotest, derrandandal othernotices Inconnection with1hedeMvery, performance, acceptarice, defadtorenforcement ofthis agreement. TheCrediershallnotbedeerned, byanyactofornission or tohave corrurission, waived anyofitsrights hereunder urrernedies unlesss uch univer i sin andsigned writing by suchhotdar andthenonlytotheextentspeciScaly setIosthinwriting.A waiverwithreference tooneeventshallnotbeconstrued orasa barb orwaiverof anyrightorremedy ascongnuing astoasubsequent eventNodelayoromission oftheCreditorio exercise anyright,whether before shanImpairanysuchrightorshanbeconstrued oraltera defaullhereunder, tobeawaiver ofanyfiÆtor default,andthe acceptance atanylimebytheholderhereofof anypastdueamount, whetherinful ofinpart,shallnotbedeemed labeawøveroftherighttorequire pmaplpayment whendueof anyotherarrounts menormereafterdueandpayaNe FILED: ONONDAGA COUNTY CLERK 03/26/2024 01:06 PM INDEX NO. 003157/2024 NYSCEF DOC. NO. 2 RECEIVED NYSCEF: 03/26/2024 THIS IS A COPY Page 2 of 3 DocuSign Envelope ID: 4F82D781-2F4E-4E79-9432-CAO4EBB6AD47 This is a copy view Of the AuthOrltative COpy held TERMINATION. Uponpaymentinfunofanprincipalandaninterest asprovided intNsagreemenl, thisagreement thaMbedeemed cancenedandt Mph Gllai5t,whether byacceleration ormduecourse,interest overtheactual shallberecalculaged Efeoftheloanbaseduponhe arrounts andif thetotalarnoufit outstanding, ofInterest paidexceeds theretofore theamount 10bepaidenderapplicaMo permitted Inellectfromtimeto1ime, iaw,rule,ormgulation theexcess lo Prindpalor if suchexcess shalbecredited exceedsthePrincipal emountduehereunder. sofund ed totheDebtor on II. SECURITY AGREEMENT (I have fead and understand I am executing a security agreement and acknowledge that a UCC-1 Financing Statement will be filed In the appropriate state INITIAL.;) ..... OTHER REPRESENTATIONS ASSIGNBENT, Withoutthepriorwinenconsent ofCreditor, Debtorshallnotself,leaseor allowargylionotherthanCreditor's intesent securtly againstanRamofCollateral orassignanyofDebtor's obligations hereunderDebtor's obligations arenotassignable hereunder byoperatiosoflaw.Creditor mayat anytime,initssolediscre5on, assig orotherwise transfer tiis agreement or anyofitsfightsorobligations under thisAgreemeni,withoutnotice10Debtor.11Debtoris givennoticeofsuchassignment, Debtorshallacknowledge thereceiploftheassigninentin witng andshallthereafter payanyamounts duehereunder as directed inBeoclice.Therightsoftheassignee 10amounts duehereunder shanbefreeof anyclaimofdefense Debtormayhaveagainst CreditorandDeblerknowingly, eluntarilyandintentionally agreesto univeandnotassertagainstanyassignees ary claimordefense Detnctmayordoeshaveagainst Credler AIInghtsandremedies afCreditor maybeassigned, transferredorotherwise disposed of eitherin wholeorinpart.toanyperson crtoDebtor. COMPI.IANCE AGREEMENT. ForandinconsiderationoftheCredterentering intoand1unding thesums soughtbyDebtor inconnection withthesubjectAgreenant andforcreetfaolityandinconsidera1ion of Debtor 1hesubjedIransaction. ageesgocooperate promptlywithCredLor, Itsagents andforassigns, inthecorrectonorcompleton ofmeloandosingdocumangs. if considerednecessary ofdesirable byCredIor andforitsagentsand/or assigns, reflecttheagreement toaccurately ofhe partiesDeb1or understands ghatthismayindudetheexecution ofareplacemeal Agreernent, areplacementSecurity Agreement, or UCC- 1Financing leretecttheagreed statements, uponterms,inwhichcasetheCreator agrees torelumtheoriginal ofthereplaceddocuments toDebIor.Inaddlion.Debtor acknowledgesthatsomeoraUofthelean dosingdocuments wereormayhavebeenexecuted inadvance oflhodateonwhichthesubject loanwasfunded andthat.assuch,certainofthein1ormabon setforthontheloanclosing documents mayhavenot beencorvplete.DebtoragreesoMcooperate It thelilingofar.ydocumematon needed 10establishandrnaintaintheDebtor's company, LLC,d/b/aoranysuchcorporate enityandagows Creditor theri t goillethe sameonitsbehalf. FORM 4606-T:"REQUESTFORTRANSCRIPT OFTAXRETURN"fFORM 8B2t "TAXINFORMATION AUTHORIZATION". thetermofthusAgreement During Deb1or 1hatuponrequestofCreditorits agrees successors oressigns. winfusnish Debtos asigned Form4506-1-Rempest ci TaxRetum- fogTransctst ORFormB82UTax indormation Autheization". Fucher, Debtoracknowledges and thatCreditor.its andassigns successors rightto,atCradlors have1he andtavlour request diamelion, Debtoes Transcript ofTaxRelumorTexInformation dainghe larmoffis m1alelrthld . 'I Authorization APP1.1CABLE LAWlJURISDICTION & VENUE,Thelermsof1heFinandng Agreement andat loandocuments executedherewithshanbegoverned byandcons1rued In d"thmlive and procedurelawsofIheSlateofFlorida,exdusiveoftheprincisdes oflaws.Verineforanyadionbrought ci conAict shallbethechoiceoftheCredtor, hereunder, andshaAbe either Cotely.New Yorst orBroward Flande. County. or.,NtheacAerginvehms orisbroughtagainst Ina statecxmitIrg theCoAagaral. thecountywheresuchConateral islocated, wherer equired 1 0 as10 oragainst theCona1sral.unlessCred1orselectsananema8ve forum.Debtoragreeslo subtrittomepersonal purisdcAnn courtintheStateofNew oftheappropriage Broward Florida, County.forellsuchdisputes.Dabler waivespersonal expressly serviceofpgocess andastorizesservice ci processonDebtorbyregistered mallorcer1fled deAvesyservice senttoDebtor's address essetlorthinmeIriIroductoryparagraphofthisAgreemare orsuctig51ermanner asmaybepemilledunderappilceble law, 315. mayhave10 transfer archange thevenueoIanyliAgasonbrought againstDublorbyCredtor, therigMtointerposeanydefense ormotionbasedonForum Non Ang punitive or special damages. W'. THEDESTOR ANDALLOTHERS WHDMAYBECOME LIABLEFORALLORANYPARTOFTHI$OBLIOATION, JOINTLY AND , WAfVE D IUGHT TOA TRIALBY JURYIN RESPECT TOANYLITIGATION ORPROCEEDDIG, BiCLUDBiG ASTOCOUNTERCLAIM BROUGHT BYORA D ON AMISBtG FROMTHis AGREEMENT, THESECURITY AGREEMENT INCLLIDED HEREnd, ANDANYOTHER DOCUAENTS ANDAGREEMENT THIS CONTRACT, INTORTOROTHERWISE, THETERMS O FTHIS JURY TRIAL WANER AID DEATOR'S AGPMmmIT HERETO 1 8A CREDITOR TO ENTElt INTO Tult TRAAtBACTION. DEBTOR FURTHER WAlVES ANYRIGHT TOREMOVE ANYSTATE COURT ACTION TOFEDERAL COURT. . . IbE . (I have read and understand the applicalple taws Jurisdiction, venue an rs I L: ) NOTICEAnynoticetoCreditor wlAbeeAectiveonlyonitsgeceiptbyCredtor,Any noticeto sentbyr ngthenotce.postage prepald; or Igynationaty byhand-dnAvery recognizedovemight service denvery 10theDahlorattheaddressstatedinessageomant bedeemed to cepostedwnhIheUnited Service StatesPostal ontheeargerofthethird business (3"e) ofthenoticeorthedateofecluelreceipthitheaventof dayaltertheposUng byhandorbyovemight , Debtor shanbedeemedtohaverecalvedanysuchnomoeonthedateof actualdetvery ofthesome BINDING EFFECT, ThisagreementshaAinugelothebeneA1ofand ontuihi , successors ,adrrinistrators, andassigns oftherespecthe stAdect, parties, houmver te1hesestricAnnagainst assignmentbyDeblor.Theseabigadons owedbyDeblor(s)and behr several apeement ofansigning FURTHER ASSURANCES. Debtorshanpmvide an andpayaA Beesand , butnotAINIed to,approprielestateDocumentary Slamps) necessary 10perfed,probed andpreserve rightsandInterest Creditor's assetforthin thisFinandng t, providngan statements andothersimilardocuments. Dublorshallprovide Credic3wimallAnandsA inlomurlon and withinten(10)days statements ofeachanNiessagdale of orwith days ofwritten r equest forIhesome byCredilor1hroughoutthelannot e iisFinandngAgreement . -- . . .. COMMERCIAL TRANSACTION. De andsepresents thatthisis a commerdal l3ansaction,thattheDebtoris in feda bushess, andthatall necessary goeuses, perinigs, reestratonsandotherdoagmenta beenfi suchthatthebusiness aulhod6es, isintcompliance withstaleandlocallawsforthetocalityoftheDebtorFurthermore, Deb1or doeshereby aciniowledge, andrepresen warrant, any andeA of A greement shaA beused forexpenses, purchases projects, orotherI Iransac1ons tnancial "=wMwl wHhandforGie benalitof he Debtor - ·nandng .( EFFECT OF INV eventanyone of urfurovisionsaudained inthisdocaument shall,foranyreason. beheld10beipmenig him yg|| g g gIggga ageamMs [n g g gCt.guch inapplica d or shot optonoftheCredAor, notalledanyotherprovision ofthisdocument, butthisdocument sheAbeconstrued asIfsuchappAcaNo. InveAd, Alegator unenfo hadnever nodherein andtheremelnirg provisions wlAbeunaffeded. ENTlRE ENT.The relatedloandecenants executed contemporaneously therewilh theentireagreement constitute ofthepartiesastothesudded maBar andshallnotbe amended,a changed awrittenagreement signedbytheparnes.AnywaiverbyCreditor grnast beInwrI8ng, andforbearance shennotbeconstrued norconslihde awolver.IIthese15grmethen oneDebtor nthis EaM5ty ofeach shelbejoint a ndseveral.T heobAga5ons pasuant tothisAgreement shalsevivetherelease o fthe I security h nlerest theca ahwaL Debtor represents andwarrants on subgdtted to Credbrlecoggglete andtrueandthatINsApeement hasbeendutyauthorized by DebtorandonexecuUon, shaAconstitute thelegal,vegdandtindag othgatonofIhe Signed by x 6/21/2022 SaraWhittle. Managing 5753C1F489. Date Uncornmon FitnessLLC PERSONAL GUARANTY Forgoodandvaluatde consideration, thereceipt andsuMciency ofdichis heretlyacknowledged, andloinduce Cradlorb makebansandotherwise angage in anyoAtertansacionwilhDehlerfromtimetotime. Guaranistabsolutely,irreNcatlyandunconditonaAy pgomises to payandguaranty attorneys- mefuBandprogrgipayment ofat ofgheDebt,ashereinafter definedden dLie(udgether at Instmilyoruponmooaleration), indudng, withoutimitation, ellprindpal, aconsed inlerest. fees andcoladion andcost coststhalenay b eor become d uefrom Deblor t oCredaor in collecEng theDetAashereinaAer de6ned, andb thisGuaranty enforcing andabomerapeements withrespect toDebtor. Guaranlar is andshallbeuncondlionaAy liableunderthisGuaranty, gegardless ofdother Creditor pursues mayofitsremadesag inst Debtor.againstany other m aker,surety , guararter or endorser ofthe DetA ashegehtaller delined o ragainstanyColateral, esthesame is delined a ndselfogth herein. Credfor t hal have he gigleto tiring atit aganistGuarantor alone,oranyone elsewhoisobligated onAnis oranyclherguaranty oftheDetit,asheroinefler delinedor anynumber orconbinalon thereof, withoutjoinderofat ofto Ingegoing or Debler,to celecttheDeta.asdelinedhereinForpurpcess ofthisGuaranty, he term'Dett ahallmeanandgefer todebts, AstgA90s, andobigatens ofDebtor(induding, amositsagreedtobepaidunder withoutAmitation, Atelarmsof anyagreements, anyagreernants securing thepayment oI aty detd,toan,Embiity. cr obligation- ovenfrafts; legersof credt,guaran60s , advances fortams,kisurance, repairsandhar alerage; and,aA eadensions,genewals refinancing and/ormedicatonsofsuchdebts)dether novrexisting or creeled orincuned intheIuture..dueor lo become due,oratmelute indudngobigations or con1ngent, andduties tom1hetermsofalldocuments orising prepared orsutrrittedforhe gransaction, suchasapplications, securityagreements, dsclosures. public1Aings, theA