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Home My WebLink About0956 ~ ~ ti ~ ' . ~B~ ~N~~t1h , • •If l do not pay the fuU amount each monthly pa~yment o~ the date it is due, l'vti I be in detault. ~ Notjce of Delaalt If I am iq default. the Note Holder may send me a written notice telling me that if I do not pay the overdue amouot by a certain dete, tbe Note Nolder may require me to pay immcdiately the tull amount otprincipal v?•hich fias not been {~id aad all the interest that 1 owe on that amount. That date must be at least 30 days aRer the date on which thr notice is maikd or delivered to mG (D) No Wai~er By Note Holder ~ Even if. et a time when I am in default. the Note Holdu does not require me to pay immediately in tull as dcscribed above. tht Note Holdcr will stip have theTight to do so if 1 am in default at a later time. Paymeat o~Note Nolder's Costs and Expens~s _ Itthe Note Holder has required me to pay imm~diately in tul) as described above. the Note Holder a~ill have the right to be paid back for all of its costs and expensa in enforcing this Note to the extent not prohibited by applicable law. Those eapenses include. for ~xample, reasonable attorneys' fees. ~ 13. CIVING OF NOTIG'ES ~ ~ • Unless applicable law requires a diflerent method. any notice that must t~e given to me under this Note will be given by mailing it by first class mail or delivering it to me at the Property Address above or at a difterent address if I give the Nott Holder a notice of my diiferent address. _ Any notice that must be given to the Note Holder under this Note will b4 given by mailing it by first class mail to the Note Holder at the address stated in Sec:tion 3(A) above or at a difterent address if ~ am given a notice of that diff'erent - address. . ~ 14. OBLIGATIONS OF PERSONS UNDER TH1S NOTE . lf more than one person signs this Note. each person is fully and personally obligated to keep all ot the promises made in this Note, including the promise to pay the lull amount owed. Any person who is a guarantor, surety, or endorser otthis Note is also obligated to do these things. Any person who takes over these obligations, including the obligations of a guarantor, surety. or endorser of this Note, is also obligated to keep ail of the promisa made in this Note. The Note Holder may entorce its rights under this Note against each person individually or against all of us together. This means that any one of us may be required to pay all of the amounts owed under this Note. 15. ~VAIVERS I and any other person who has obligations under this Note waive the rights of preseniment and notice of dishonor. `.'PresentmenY' means the right to require ihe Note Holder to demand pa~ ment of amounts due. "Notice of dishonor" ~ means the right to require the Note Holder to give notice to other persons that amounts due have not been paid. 16. THIS NOTE SECURED BY A SECURITY IhSTRiJ1~iENT In addition to ihe protections given to the Note Holder under~this Note, a Mortgage. Deed of Trust~ or Deed to Secure Debt (the "Security Instrument") with an Adjustable Rate Rider, dated the same day as this Note. protects the Note Holder from possible losses H hich might result if I do not keep the promises which I make in this Note. 'That Security Instrument and Rider describe how and under what conditions I may be required to make immediate payment in full of ap amounis I ov?e under this Ivote. Some of ihose conditions are described as tollows: "Trsnsfer ot the Property or a Beneficial Interest in Borrower. If all or any part of the Property or ; an interest iherein is sold or iransferred (or if a bene6cia) interest in Borrower is sold or iransferred and i Borrower is not a natural person) without I.ender's prior written consent. Lender may, at Lender's option. declare all~the sums secured by this Security Instrument to be immediately due and papable. However. this k option shall not be exercised by Lender itexercise is not authorized by Federal law. ; If L.ender exercises such option to acceTerate, Lender sha~l mail Borrower notice ot acceleration in ~ accordance with paragraph 14 hereof. Such notice shall provide a period of not less Ihan 30 days trom the ~ date the notice is mailed v?ithin which Borrower may pay the sums declared due. lf Borrower fails to pay such sums prior~to the expiration otsuch period~ I.ender may. w•ithout turther notice or demand on Borrower~ ~ invoke any remedia permitted by paragraph i 8 hereoL Notwithstanding a sale or iransFer, Borrower Kill continue to be obligated under the Note and this Security Instrument unlas Lender has released Borrow•er in writing." . I - ~ Witness the hand(s) and seal(s) otthe undersig d. y~~.r..~.-;!.~~ ~!.~!°"~?~sc^~t~' .(Seal) f ARTHUR G. CHEI~OWETH -Borro.er ~ ~ - , - - . . i ~ - E - _ ~..........a... ~:ar.-~........5.... . _....d~,,r~...c .X"~ .............................(Seat) d ~ JOAI~'N CHENOWETH -aoi~o»e. 0 F ' • • . ($te ~ - - •Borrower ' ~S1817 Original On/~~ ~ ~ E C t ~ . ~ • t s . 80 K ~5 PIU~E ~ M . . ~ , ~ -r-- _