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8. OBLIGATIONS OF PERSONS UNDER THIS N01'E {
If mote than one person signs this Notq ea~h pecson is fully and personally obligated to lceep all of the promisrs i~
made in this I~ote. including the promise to pay the full amoun! owod. Any person who is a guarantor, surety or endorxr
of this Note is also obligated to do these things. Any person who takes over these obligations, including the obligations ota ~
guarantor. surety or endorser of this Notq is also obligated to keep all of the promiscs made in this Note. The Note Holder
may enforce its rights under this Note against each person individually or against all of us together. This means that any
one otus may be requircd to pay a!1 of the amounts owod under this Note.
9. WAIVERS
I and any other person who has obligations under this Note waive the rights of presentment and notice of dishonor.
"Praentment" means the right to roquire the Note Holder to demand payment of amounts due. "Notice of dishonor"
means the right to require the Note Holder to give notice to other persons that amounts due have not been paid.
10. UNIFORM SECURED NOTE
This Note is a uniform instrument wiih limited variations in some jurisdictions. In addition to the protections given
to the Note Holder under this Note, a Mortgage, Dced oCTrust or Security Dtod (the "Security Ins?rument"), dated the
same date as this Note, protects the Note Nolder from possible losses which might rauit if I do not keep the promisos
which I make in this Note. That Security Instrument d~scribes how and under what conditions I may be roquired to make
immediate payment in full of all amounts I owe under this Note. Some of those conditions are describtd as folfows:
Transfer of t6e Property or a BeneHcial latereat ia Borrower. If all or any part of the Property or
any int~rest in it is sold or trsnsferred (or if a bene6cial interest in 8orrower is sold or transferred and
Borrower is not a natural person) without L.ender's prior writtrn consent, Lender may, at its option. require
immodiate payment in full of all sums secured by this Socurity Instrument. However. this option shall not be
exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument.
If L.ender exercises this option. L.ender shaU give Borrower notice of acceleration. The notice shall
. provide a period of not less than 30 days fmm the date the notice is delivered or mailed within which
Borrower must pay all sums stcured by this Security Instrument. If Bonower faiis to pay these sums prior to
the expiration of this period, L~nder may invoke any remedies permitted by this Socurity lnstrument
without further notice or demand on Borrower.
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