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8. OBLIGATIONS OF PERSONS UNDER THIS NOTE
lf mon than one pcrson signs this Note, ea~h Ferson is [uily and personally obligated to keep all of the promises
made in tbis Note, including the promise to pay the fu11 amcwnt owod. Any prrson who is a gusrantor, surety or cndorser
of this Note is also obligated to do thae things. Any person who takes over thae obligations, including the obligations of a
guarantor. surcty or endoner of this Note, is also obli~atod to keep all of the promises made in this Note. The No~e Hoider
may enforce its righu uader this Note agai~st each person individually or against a0 of us together. 7'his means that any
one of'us may bc required to pa~y all of the amounts owed under this Note.
9. WAIVERS
I ar~d any other person who hu obligations under this Note waive the rights of prescntment and reotice of dishonor.
"Praentment" muns the right to require the Note Holder to demand payment of amounts due. "Notice of dishonor"
means the right to requirc the Note Holder to give notice to other persons that amounts due have n~t been paid. .
10, UNIFORM SECURED NOTE ~
_ This Note is a uniform instrument with limited variations in some jurisdictions. In addition to the protections give~
. to the Note Holder under this Note. a Mortgage. Deed of Trust or Security Ueed (th~ "Security Instrument"), dated the
same date as this Note, protects the Note Holder from possibk tossa which might result if I do not kcep the promises
which I make in this Note. That Security Instrument describts how and under what conditions l may be required to make
immediate paymrnt in full of all amounts I owe under this Note. Some of those conditions are desrribed as follow•s:
?ransfer of tbe Pmperty or a Bensfic~a! Inttreat ia Borrower. [f all or any part of the Propert}~ or
any intertst in it is sold or transferced (or if a beneficial interest in Bonower is sold or transferred and
Borrower is not a nasural person) without Lender's priot written consent. Lender may, at its option, require
immediate payment in full of all sums secured by this Security Instrument. Howe~ er, this option shall not be
exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instn?ment.
]f Lender exercises this option, I.ender shall give Borrower notice of acceleration. The notice sh~ll
provide a period of not less than 30 days from the date the notice is delivered or mailed v?•ithin ~~•i~ich
Borrower must pay all sums secured by this 5ecurity Instrument. If Borcower faiis to pay these sums prior t~~
the ezpiration of this period, Lender may invoke any remedies permitted by this Securit}• Instrument
w•ithout further notice or demand on Borrower.
WITAESS THE HANDI$) AIVD SEALIS) OF THE UNDERSIGNED
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' my A. Sa er ~~~~~we~
..............................tSeal) J
L'inda J. Salzler V ~~~~~OMe'
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...............................................................................................................(Seal )
-Bonowe.
...................................................................••-••-~.....................................~$CB~~
-Borrower
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QooK 50i PAGE 984
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