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10.WA�VERS ;;,'M��' iG2852 I and any other person who has obligations under this Note waive the rights of presentment and notice of dishonor. "Presentment" means the right to require 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. 11.SECURED NOTE In addition to the protections given to the Note Holder under this Note, a Mortgage, Deed of Trust or Security Deed (the "Security Instrument"),dated the same date as this Note, protects the Note Holder from possible losses which might result if I do not keep the promises that I make in this Note. That Security Instrument 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 aze described as follows: Transfer of the Property or a Bene�cial 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 and Bonower is not a natural person) without Lender's prior written consent,Lender may,at its option,require immediate payment in full of all sums secured by this Security 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. Lender also shall not exercise this opdon if: (a) Borrower causes to be submitted to Lender information required by Lender to evaluate the intended transferee as if a new loan were being made to the transferee;and(b)Lender reasonably determines that Lender's security will not be impaired by the loan assumpdon and that the risk of a breach of any covenant or agreement in this Security Inswment is acceptable to Lender. To the extent permitted by applicable law,Lender may charge a reasonable fee as a condidon to Lender's consent to the loan assumption.Lender also may require the transferee to sign an assumption agreement that is acceptable to Lender and that obligates the transferee to keep all the promises and agreements made in the Note and in this Security Instrument. Bonower will continue to be obligated under the Note and this Security Instrument unless Lender releases Borrower in writing. If I,ender exercises the option to require immediate payment in full, Lender shall give Borrower notice of acceleration. T'he notice shall provide a period of not less than 30 days from the date the notice is delivered or mailed within 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 Inswment without further notice or demand on Bonower. WITNESS THE HAND(S)AND SEAL(S)OF THE iJNDERSIGNED. (Seal) �5�� RACHEL RATHMAN -Borrower DARRIN RATHMAN -Borrower �5�� ($�� -Bortower -Borrower �5�� (SC1]� -Borrower -Borrower �5�� 5�� -Borrower -Bonower [Sign Original OnlyJ ��899(9702) Page a of 4 689'� . . .. �