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HomeMy WebLinkAbout2429 . _ ~ ( ~ • , 8. 08UCiATiONS OF PERSONS UNDER THlS NOTE If mora than aee person atp?s thb Note, e~ch person Is fuly and persona~y oWbated to keep aN ot the promises meide in thb Note, fn- cfuding the promiss to pay the iW ~mount owed. My pasw~ who Is ~ puuantor. stKMy o? endorser of thls Nots is aiso ot~Cgated to do thess tAln9s. Any person who Was ovar thesa obYpations. Indudhy the oWyatio~s ot a pwrantor~ surety or encfo~ser ol this Note. fa also obNp~ted to keep d of th~ promis~s made In thb Nota The Note Flolder m~y enfo~ce its ~hts under this Note ~~inat e~ch Qerson IndNidwy w a9ak~st a1 ot us topather. TT~ me~ns that a~y one of us m~y be roquired to p~y d of the ~mounta owed under thb Note. 9. WAIVERS ~ 1 and any other person who has obYpatbns under this Note w~Ns ths ~ts of prosentrrbnt ~nd notice of dishcmw. "PresenUr~ent" me~ns ihe ~ipM to roqulro the Note Hdder to dertwnd payrt~snt d amounts du~ "Notke of dshonor" meens tbe right to require the Note Holder to glvs notbs to other persona that amounts dus havs not bs~n pvd. 10. UNIFORM SECURED NOTE Thfs Note b a unqonn instrument with irNted varhrions h aans j~uia~iions. In adcfition to ths protectioes given to the Note HoWer under this Nots, a Mortsp~s, Desd ot Trust or Secwiy Deed (the "3ecudly InsUwnent"~, dated q~e aams chts as this Nots, protects the Nots Holder hom possibls basea wMch rtiipht roauk N I do not keep the promisss whk;h I mdce tn this Note. TAat Ssauity Mstrument deaaibsa how and under what condftlo~s ( may bs rsquired to meke irrr~edists payn~ent in tu1 of d amounts 1 owe ur~der thb Note. Son?e ot thoss cor~dldona aro desaiDed as tobws: Transfor of tl» Proporty or a Boneflcial IMerost in Borrower. H d or arry pert of ths Propaty or any interost h It b sdd or transferred (or if a banaifclal htereat h Borrower is aold or iranaferred and Bortower Is not a nabu~el peraon) wlthout Lendars prior writien ca?aent. Lender may, at ~ts cPtbn. requfro Yrrnedhte ptyrnsnt in tW ot al sums seax~ed by U~s SeauUy Instrument However, thb optlon ahaM not bs sxardsed by Lender ~ eocerdss is prot~ibited by fecieral isw as ot the dats of thh Security Inatrument tf le~der e~ce~dses this option. Lender shel ~ive Borr~ower notlca of ecoderadon. The notioe aha~ provide a periad oi not bsa than 90 days from the dste the notios la deivared or rneied wltNn whkh Bor?ewer must pay a1 aums seaired bY thls Secu+~ity ~natrument li Bortawer fais to pey these sums prfor to the expiaUon of thb period, Lender may invoke any rernacies perrNtted Dy this Secu~iiy Inatrument wkhoui ~rther notbs or demend on Borrower. WITNESS THE HAND(S) AND SEAL(S) OF THE UNDEi~SIGNED. Charlaa E. re o - ' ' `a' ts~n ~ Gertruda M. Febro s«.o~. so.ro+,~. (se'N 1021368 '9U JAN 25 R11 :4 ~ ~ FILc L~ ~ND R~ DOUGLAS OEX~?N i;~ S1. LllG~~ ;JNT Y. ~C.'.4.C77 t09/&9) P(9/89) Ut4i6/89) 38588 Paqe 2 of 2 BfloN s74 P~~E 2429 ~