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20021`94'7 Lvnii nai. yi ui.�4 'alt! 4. C&UGATLONS OF PERSCLNS U10YR nW NOTE If more than one person signs thin Note, each person is fully and personally obligated to keep all of the promism made in this Note, including the promise to pay the fun smotmt owed. Any person who is a gvarititor, surety or endorser of this Note is also obligated to do these things. Any person who takes over these obligations, idcludinj the obligations of a suaramr, sunity or endorser of this Note, is also obligated to keep all of the promises made in this Note. Tke Note Holder may enforce its rights under this Note agamst each person individually or against all of us together. This meets that any one of us may be required to pay all of the amounts owed under this Note. I am any ocher person wen has 010ligaiions tmoer thhs Note waive the rights of presentment and notice of dishonor. 'Practmcnt' nreatis the right to require the Note Holder to 4e4"wd payzt&= of amounts due. 'Notice of dishoaW means the right to require the Nona Haider to give — to other persons that amotuits due have not been paid. il. UNUVRM SECURED NOTE This Note is a uniform instrument with limited variations in some jurisdictions. In addition to the protections given to the Note Holder tender this Note, a Mortgage, Deed of Trust or Security Decd (the "Security Instrument "), dated the same date as this Note, protects the Note Holder $+mn possible losses that might result if I do not keep the promises which I make in this Note. That Security lrtstrument describes how and under what conditions I may be required to make immediate payment in full of all amounts I owe under this Note. Some of those conditions are descried as follows: A is --4111 my init ;d iuwu rdtc 111011969 to m adjuRikkiie interest rate under the terms stated in section 4 above, tlolform Covenant 17 of the Sr?trity Instrument provides as follaws: :- -carded of 1116 wv- petty or a ere udidai Interest in Borrower. If all or any part of the Property or any interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred grid Borrower is not a mural person) without Leader's prior written consent, Lender may, st its option, require i-n- iai6 payment to full of all sums secured by this Security htstrumeut. However, this option shall not be cxffci$ d by Lender if exercise is prohibited by federal law as of the date of this security Instrument. If Lander exercises this option, Lender shall give Borrower notice of noceleradon. The notice shall provide it period of not less thmm 30 bays from the date die notice is delivered or mailed witltiu which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period. Lender may Invoke any remedies permitted by this Security Instnment without further nobw or demand on Borrower. W) Wilan in) Mitlnl rams iuicresi rate —Res to rn adrUBltle Wlermt rate wukz the terms stated in Section 4 above:, Uniform Covenant 17 of the Security Iism-"ent described in Sr110a I1(A) above shall then cease to be in effect, and Unifount Covenant 17 of the Security Instrument shall instead provide as follows: Transfer of the Property or a BemeBdal Lntacat m Bor rower. if all or any part of the Property or dry interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not it natural person) without Lender's prior arisen consent. Lender may, at its option, require itediate payment in fall of all sums segued by this Security Instrument. However, this option shall not be exercised by I elder if exercise is prohibited by federal law as of the date of this Security Instrument. Lender also shall not exerciser this Option if: (a) Borrower causes to be submitted to Lender information required by Lewder to evaluate the intended ttandetee as if a new kan were being made to the trraafaee, and (b) I ceder reasonably determines that Lender's scctxity will not be impaired by the loan assumption and that the risk of a breach of any Covenant or agreement in this Security lusuvmmt is acceptsble to Lender. To the extent permitted by applicable Isw, Lender may charge a reasonable fee as a condition to Leader's consent to the loan assumption. Lender may also require the tt-msfeae to sign an assumption egreement that is acceptable to Leader and that obligates the transferee to keep all the ptomism and agreements nude in the Note and in this Security lrsbument- Borrower will continue to be obligated under the Note and Seairity Instrument unless Leader releases Borrower In writing. If Leader exercises the option to reqnire immediate payment in full, Lender shall give Borrower notice of acceleration. The notice ,shall provide a period of not less than 30 drys from the date the notice is delivered or mailed within which Beuaower must pay all sumo secured by this Security Insttu rnem. If Borrower fails to pry tit sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security without fiurdwr notice or demand on Borrower. ' = i °viK Arllfi IbAL(�) iJt' THE U'lV'DELLSIGiV'ED_ f it (Seal) PA Dig A MACK Bourse Bonowar (seal) .ter ,v [SIP Original Only] riwai«uu'tiar iaU RKYE WOTt_ - tlBOti