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Home My WebLink About0967 . . • (Hl Dttwit ' , • ~ If 1 do nw pay the full amount of ach monthly Payment on tht date it is due. l will be in de[sult. (G9 Na~ke ot Detautt If I un in defauit. the Nae Holder may xnd me a writtrn notice teliing me that if 1 do not psy the overdue amourtt b~ a oertaiA dste. the Ivwe Holder may requiro me to pay immedistely the tull amount otprincipal which has ~ot bern paid and all the interat thst l ow•e on thst amount. That date must be at laat 30 days after the date on which the notice is mailed or detivered to me. - (D) No Wairer By~Vote HoWer Evrn if. at s time when I am in defsult. the Note Holder doa not requirc me to pay immodiately in fuU as dacribod abo~ e. the Note Holder will still have therigbt to do so if 1 am in detsult at a later time. Paymest ot Nott Holder's Casts aad Expe~s If the Nott Hotder has roquired me to psy immediately in full ss described above. the Note Holder wiU have the right to be psid back for all of its caats and expensa in entorcing this Note to the extent not prohibited by appficabk law. Thos~ expenses include, for example. reasonable attorneys' foa. - ~ 13. GIVING OF N07ICES ~ Unless applicsbk law requira a diBerrnt method, any rtoticr that must be Eiven to me under this Note wil! be given by mailing it by first class msil or delivering it to me at the Prnperty Addras above or at a ditferent addreas it I give the Note Holder a notice of my diQenent address. . My notioe that must be given to the Note Holder under this Note will be given by mailing it by firat class mail to the Note Holder at the address statod in Section 3(A) above or at a diBerent address if 1 am given a notice of that dilFerent addras. - 24. OBLIGATIONS OF PERSONS [Jl~'DER THIS NOTE If more than one person signs this Note. each person is fully and personally obligated to kap all of the promises ~ made in this Note, including the promise to pay the tull amount owed. Any person who is a guarantar. surety. or endorser of tliis Note is also obligated to do these things. Any person who taka over these obligations.•including tht obligations of a gusrantor. surety. or endorser of this Note, is also obligatod to keep all of the promises made in this Note. The Note Holder ma~ enfarce its rights under this Note against each person individually or against all of us together. This means that sny om of us may be requirod to pay sl! of the amouots owal under this Not~. ~ 15. w'AIVERS I and any other person who has obfigations under this Note waive the rights of presentment and notioe of dishonor. "Preseatmait" ma~ns the right to require the Note Holder to drmand payment of amounts due. "Noiicx of dishonor" - means the right to requin the Note Holda to give notioe to otha petsors ttiat amounts due hav~ not been paid. 16. THIS NOTE SF7CURED BY A SECURITY INSTRUMENT In addition to the protactions givesi to tbe Note Holder under this Note, a Mortgagc, Deod of Tn~at. or Dad to Secun Debt (the "Socurity Instrument'7 with an Adjustable Rste Rider, dat~d the same day as this Note. protects the " Nate Holder fmm possible losus which might rosult if I do not keep the promisa which I make in this Nota That Security Instrument and Rida describe how and under what conditions I may be roquirod to make immodiau payment in full of all amounts I owe under this Nota Some of those oonditions are described as foUows: ~ "Tra~sfer of tbe Pmperty or a BeneficLl Iaterest in Borrowa. If all or any part of the Property or an interat theran is sold or t~errod (or if a brneficisl interest in Borrower is sold or transferred and Borrower is not a natunl person) without I.ender's prior written consent. Lrnder may, at La~der's option, declar~ all the sums socured by this Security Instrument to be immodiately doe and payable. However. this option shall not be eacercised by La~der if exerrist is not authoriud by Foderal law. ~ U i~ender exercises such option to aecelesate, La~der shalf mai) Borrowrr notioe of aorxlention in I ~ aooordance ~vith puagraph 14 hereof. Such notioe ahall provide a periocf of not less thau 30 days fmm the ' date tbe notioe is mailod within which Horrower may pay the sums declarod due. If Borrower tails to psy such ~ ~ sums prior to the eacpiration of such.period. L~nder may, witlwuf further notice or demand on Bonower, ~ invoke any remodies permittod by paragraph 18 hereof. ; Notaithstanding s sale or transfer, Borrower will continue to be obli$atod under the Note and this ~ Socurity lnstrumeat unless I.ender has rdeased Horrower ia writing." Witness tbe hand(s) and seal(a) of the undersignod. . s/ 1Ki.clza~el H. Gabe~ .........................................................(Seal) . ~Mi,cha?el ~H. C~abeltnann .~o,,,~, ~ s/ Pamela M. C~ab~linaruz ~ PaQaela M. Gabelmann .eo.r~ ...............................................................................................................(Seal) ~ ~ ~ -9o.rower (Sign Origina! Only) ~ i kK F N ~ - . ~ ~ BOOK ~5 PAGE ~7 F' . . . . . ..r . ~ . _ . -