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HomeMy WebLinkAbout0924 ~ 8. 08LICAT[O:YS OF P~RSOtiS UNDER THIS NOT~ . lf more than one persan signs this Note. each perso~ is t~Iilly e~d pecsonally obligsted to keep ~ll of the promiscs ~ made in this Note, including the promise to pay the full amourtt owcd. Any p~rson wh~ is a guaranto~~ surcty or endorser § of'this Note is also obligated to do these things. Any perso~ who taka over these obligations, inctuding the obligations of a ~ guarantor. su~ety o~ endorser of this Note. :s afso obligated to kap all of the p~omises made in this Note. The Note Holder may enforce its rights under this Note against ~ach person individualiy or against all of us tog~ther. This mcans ihat any one of us may be required to pay all of the amounts owed unde~ this Note. 9. W~?IVERS 1 and any other person who has obligations under this Note waive thc rights of presentment and notice of dishonor. ."Presentment" means the right to ~equire the Nott Holder to demand payment of amounts due. "Notice of dishonor" ~neans the right to require the Note Hotder to give notice to other persons that amounts due have not txert paid. ' 10. UNI~ORM SECUR~:D NUTE This Note is a uniform instrument with timited variations in some jurisdictions. In addition to the protections given ~ to the Note Holde~ u~der this Note~ a Mongage, Deed of Trust or Security Deecl (the "Security instrument")~ dated the same date as this Note, protects the Note Holder from possibie locses which might rcsult if I do not kap the promises which I make in this Note. That Sccurity Instrument describes how and unde~ what conditions [ may be required to make immediate payment in full of all amounts I owe under this Note. Some of those conditions are described as foltows: Transfer of the Property or a Beaeflci~tl Inte~est In BoeroKe~. If all or any part of the Property or { any interest in it is sold or transfe~red (or iF a beneficial interest in 8orrower is sold or transferred and ; Borrower is not a natural person) without Lender's pria~ written cons~nt, Lende~ tnay, at its opiion~ rcquirc ` immediate payment in full oC all sums sccured by this Security Instn~ment. However. this option shal! not be exercised by I.ender if exe~cise is prohibited by fedtral law as of the ciate of this Security Instrument. If L.ender exercises this option, Lender shaU give 8orrower notice of accelecation. The notice shall provide a poriod of not tess than 30 days from the iiste the notice is delivered or mailed within which Borcower must pay all sums secured by this Security Instrum~nt. If Bonower fails to pay these sums prior ta the expiration of tbis period, Lender may invoke any remodies permittod by this-Security [nstrument without further natice or demand on Borrower. • WITNESS TNE HAND(S) AND SEAUS) OF TNE UNDERS[ NED. _ ~ ~ . i V ~iAf~iBERLA .........................................................:e~o.,~.~ . .(Seal) , -8arowar ~ ~ .tSC8~~ ~ ~-&xrow~ ~ ~Sign Ori,ginsl Un1yj s ~ 3~ ~ Documentary Tax has been paid and ~ proper stamps have been affixed to the Mortgage. ~ ~ i~ , . I ,I . ~ . I~ ~ 57~ P~~E ~ ~ ~ t' ' ~ . , _ . • • `J ~ - - - _ ~ .