HomeMy WebLinkAbout0914 ~.,OHLIGATIOIoIS OF PE~S~NS~.UNDER '~HIS NOTE .
If mo~e ihen one person signs this Note, ta~h pe~son is fulty and pc~sonaity obiiget=d to kecp ait of the promiscs
madc in ihis Note, including the promise to pay the fui! amuunt owed. Any pcrson who is a guarantor, surcty or cnd~rser
of this Natc is atso obtig~ted to do these things. A~~+ person who t~kes aver these obligations, including Ihc obl~gal3ons o1' a
guarentor~ surety or cndarser af tbis Note~ is alsr~ abligated to kap al! oPihe promises made in this Note. The Notc Noldcr
may enfarcc its rights under this Na?e against each pc~son individually or against aH oi us togethcr. This m~ans lhat any
onc of us may be required to pay all of'the amounts dwed under this Note.
9. WAlVER5 ;
1 and any other pcrson who has obligations under this Nate waivc the rights oP presentment and notice of d~shonor. •
"Presentment" means the right to require Ihc Note Holder to demand payment of amourits due. "Notice of dishonor"
means the ~ight to require Ihe Notc Holdtr to give notice to other persans that amounts due have not been paid. ~
~ !0, UN1FORl'N SECUREU NOTE '
This Note is a uniform instrument with limi~eci variatioos in some jurisdictions. In addition to the protections given~',
I so thc Note Holder undcr this Note, a Mortgagc, Deed of Trust or Security Deed (the "Security Insirument"), date~l the !
f same date as this Note~ protects the Note Hotder fram possibte losses which might result if 1 do nat lceep the promises :
R which [ make in this Note. That Security instrument describes how and under what conditions I may be ~equired to make '
~ immediate payment in ful! of all arriounls 1 owe under this Note. Same of those conditions arc described as follows: ~
• Transter ot the Property or w Heneflcial Interest in Borrower•. If ail or any parl nf' Ihe Aroperty or ~
any interest in i! is sold or transferred (or iP a btneficial interest in Borrower is sold or transferred and
Borrowcr is not a natural person) without Lender's prior written consent, Lender may~ at its option, require
~ immediate payment in full oPall sums secured by this Security Instrument. However, this option shall not be t~
' exercised by Lender if exercise is prahibiied by federal law as of the date of this Security lnstrument.
~ [f I.ender exercises this option, I.ender shall give Borrower notice oP acceleration. The notice shali `~ti_
~ provide a period oi' not less than 30 days Prom the date the notice is delivered or mailed within which
E3orrower must pay ail sums secured by this Security lnstrument. IFBorrower fails to pay these sums prior to
the expiratian of this period, Lender may invoke any remedies permitted by this Security lnslrument
~ithout further notice or demand on Borrower. ,
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~ WITNLSSTHEHAND(S)ANDSEAI.(S OFTN~UAlAERSIG ED.
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....t.. .(Seal)
bert L. Seeley ...........................................eo«ow~e~
. 1 Q.C '~,~,.LC st • ~v~~-c ~ ~
' . . (Se~l) s .
Patricia A. Seeley -~~owe~
. (Sea I )
-so~rower
.(Sr,al)
~ -6orrower
[5ign Original OnIyJ
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BOOK ~JL~ FACE t7~~
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