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HomeMy WebLinkAbout0662 i . ~ , , 8. OBUCiAT10NS OF PERSONS UNDER TNIS NOTE It moro than o~e person si~na tAb Not~. e~ch pason b tuy ~nd personay o~ted to keap aN of lhe prorNses made in this Note, M- duding the promise to p~y th~ f~ ~f~ount owed. My pwson who fs •~uanntor, suroty or ~ndorser of this Note Is also obliqsted to do these thh~s. My person who Wces over these oblipaUor~a, hdudn~ th~ obBQ~tio~s of a qu~rantor. aurety or endoraer of thls Nots. Is aFso obNgatsd to keep a1 of the pro~-daes mads in thb Note. The Nots Holder msy entorce its ~hts under thla Nots ageinat each person individuay ' or againat all of ua topether. This meana that arry one of us m~y be required to pay dl oi ths arnounta owed under this Note. 9. WAIVERS I and mry othx perao~ who haa obiyatbns under thfs Note waive the ~hts of prosenhnent snd nottce of dishonor. "Presentmeot" means the ~ht to roquin the Note HoWer to dem~nd payrr~ent of arnounts due. "NoUce of dfshonor" means the ~ht to reQuiro the Nota Hotder to give noUce to other peraons that anaunta due have not been paid. 10. UNIFORM SECURED NOTE Thfa Note is a unHortn inabument with limited veriations in aome ju~isdlcUons. In addrtlon to the protections yhren to th9 Note Hokier under this Note, a Mort~s~e, Deed of Trust or Security Deed (the "Sec~iity Instrument'~, dated the same date as thia Note, proteda the Note Holder trom possibb loases which ndght roault M I do not keep the promises which I meke h this Note. That Secxuity I~strument descnbes how and under what cor~drtbna i mny be roquked to mske irm~ediata p~yment tn tuM oi a1 amou~ta I owe under thts Note. Some of those cond~tions are descnbed as fWawa: Transfer of th• Property or a Beneflcial Interest tn Borrower. H a1 or ury put of ths Properly or any interost in i! la sold or tranateRed (or M a benefldal interest fn Bort+ower ts aold cr transferred and Borrower b not a naturd person) withhout Lender'a prior written consen~ Lender msy, at its optbn, require irm~ecii~ta payrt~en2 in 1u1 of d awns seamed by thfs Sscuriry MstrumenL Hovrever, this option shal not be exefdsed by Lender ff exerdse is prohibited by federal larr as ot the date of thb Seauity Instrument. B Lender exerdses this optbn. Lender shal give Bortower notice of acceteratbn. The notice ahall provide a perfod of not less than 30 daya irom the date the notice is deivered or mailed within whkh Borrower must pay aM , sums aecured by thia Security InstrumenL H Borrowef iaNs to pay these sums prior to the expkadon of this period, Lender may Invoke arry remedies permitted by this Security Instrument without turther notk:e or demend on 8ortower. WlTNESS THE HAND(S) AND SEAL(S) OF THE UNDERSIGNED. (~9 aa?ower ar16s F. es ` - ~Lt.-~ G~'GY~-~----' ` ~?~W« ~.Jan E. Jam « f { I BO(fOW!! ip [k 1 Q~~ ~ BOffOYVlI ~`''w'/ [ i ~ ~ I 1 ~ ~y 1 F i t k ~ ~ ~ F d~ , ~ ~::s.~n ~~e91 ~BS) ucs~e9~ 73797 Pa~ 2 or 2 • 10011674 PAGE 6~~ ~ _ _ ~ u N - ~