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9, Jo~rr~ acrd Several ~b~iga~~on, This Note is the faint and several ob~igatio~~ of all
<br /> makers, sureties, guarantors at~d e~idol•se~•s, and shall be hindi~ig upon #he111 grid their belts,
<br /> successo~•s and assigr~sf
<br /> lU. Anielldlileli~$ ~~ld ~Udl~iCaf~0r1S~ This Note may not ~e cl~a~iged arally~ but
<br /> only by ate ametidrnent iii ~v1•itin sighed by ~orro~ver and by the Agency,
<br /> 11, Agency day Assign, Agel~cy may, at its optio~i, assign tts rlgli# #0 1•eceive
<br /> pay~r~ent under' this No#e ~vltlia~~t necessity of obt~~~r~~g #lie canse~~t of the Bo1•ro~ver.
<br /> ~3ori4ower• Assig~~merit ~i#o~r~bited, In na event snail ~ar~•oer assign a1• t~~ansfel•
<br /> any po1•tiari of #liis Nate ~vitlia~r# file p1•ior exp~~ess written consent of file Agency, ~vhicli consent
<br /> shall riot unreasonably be withheld, except prrl•suatit to a trallsfer• ~vliicl~ is per~ni#ted or app~•oved
<br /> pursuari# to tl~e terms of #lie Agree111e~it,
<br /> ~3~ Ter~rris~ Any terms ~~ot sepal•ately defined liele~n shall Have the sa~r~e I~IeaIlillS as
<br /> set fat•tl~ lI~ tl~e Agt•eexnent.
<br /> Acceler~a#iar~ acrd ~tirez~ ~emed~es~ Upon: #lle occurr•e11ce of an event of
<br /> Dfaul# as defined in file Agr•eet~rerit and delivery of notice and expiratio~~ of the cure per4iod
<br /> desctiibed therein, or fib} Borrower selling, contracting to sell, givitl an aptio~~ to p~r1•cliasc,
<br /> conveying, leasing, f~~~•tl~er encur~ibe~~it~g, rilortgagin, assigni~ig o~~ alienating tl~e Bor1•o~ver's
<br /> interest irl ~'hase R-_ ~otlic~• #l~an as permitted or approved pursuant to the Agreeme~it}, whether
<br /> directly or indi~•ectly, ~vlietlier voluntarily or itivoluntar•ily or by aperatiari of la~v, 01' arty irr#et+est
<br /> In Prase ~-_t, 01` llffer'lrig Its t~tie, 01` fitly ~~7ter~st tri Pliasc R,„~ to divested, ~vliether
<br /> vol~~nta~~ily or illvol~~nta1•ily, ~vrtlio~~t #l~e corisetit of the Agency or as otliet•~vis a~1+~ved o~•
<br /> per111itted uridel• #lic Agrcenient, Agency relay, at Age~~cy's option, declare file oatstandirig
<br /> principal arilo~~nt of tills Note, togetliel• with #l~e #herr acc~iucd and unpaid interest thereon and
<br /> other charges ~~ercunder, and all other Burns secured by #lie Deed of TI•ust, to be due acid payable
<br /> immediately, and upon such dcclara#io~i, such pz~incipal aril interest and other sums shall
<br /> iriilnediately beca~ne and be d~~e and payable ~vitlia~~t demand or ~rotice, all as fi~t•ti~er set forth iti
<br /> the Decd of Trus#. All costs of collection, i~~cluding, but not li~tiited to, ~•easonable attorneys'
<br /> fees and all e~pcnses i~icur;red lt~ corinectlon ~v~th protection off, or~ r•eali~ation on, the scc~~~~i#y for•
<br /> this No#e, may be added to file principal he1•eullder, at~d shall accr~~e interest as p~•ovided herein,
<br /> Agency shall at all tines have the t•~ght to proceed agall~st any pol~t~on of file sec~zt•ity for this
<br /> Note in such order and ire such rilanrier• as such Agency nay callside1~ appropriate, without
<br /> waiving a~ly rights with respect to a~Yy of
<br /> the secr~rity, Arid delay ~r orn~sslon oI~ the pat•t o~ the
<br /> Agency its exerclsrng a~~y right liere~~rider, under #lie Agree~~lent or ~~nde~• the Deed of T~•~~st shall
<br /> not operate as a waiver of si~cli right, oli of at~y otliel• right, No single or partial exercise of any
<br /> 1•il~t or re111edy he~•eundel• (31• ~zx~dei' the Agreerr~ent or any ather document or agreement shai 1
<br /> precl~~de otliel• ar f~~~~t11e1• exercises thereof, a1• the exercise of arty other right or ~•e~r~edy, Tlie
<br /> accepta~ice of payment of any sr~tii pa}able hereunder, or pant thereof, aver the due date of such
<br /> payment shall not he a ~valver of Age~icy's right to either require prompt pa~~rnent ~vheri due of
<br /> all other s~~ms payable l~e~•eutider a1• to declare all event of Default for failure to ~nalCe proriip# 01•
<br /> complete payrr~erit,
<br /> ATTA~~ViENT ND, 8B-~
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<br /> ~ ~~so~11 ~I~~~~3~~ ] 3t~~~~ 72 ~ 1
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