Orange County NC Website
<br />waiver of the right tca exercise the. same at any other time. The. <br />unpaid principal of this Hate and any part thereof, accrued <br />interest and all other sums due under this note and the deed cif <br />trust:, if any, shall bear interest at the rate of three per cent <br />(3~) per-annum after default until paid. <br />Ali parties to this note, incinding maker and any sureties, <br />endorsers or guarantors... hereby waive protest, presentment, notice . <br />of diahaner and.. notice.. of acceleration of maturity and agree to <br />continue to remain bound. for the: payment of principal, .interest and <br />all other sums due and®r this.: Hate: and the deed. of trust <br />notwithstanding any change or changes by way of releases. surrender, <br />exchange, madficat3.on or substitution of any security for thfs <br />note ar by way of any extension or extensions of time for the <br />payncent of grinci:pal and interest..; and all such parties- waive all. <br />and ever-kind of notice of-such .change or changes and agree that <br />the same may be made without notice or consent o~ any of them. <br />This note shall be Han-recourse as to its.. maker, Whitted <br />Forest Limited,Partnershig (:the:".Borrower") and the holder hereof <br />agrees to look on]:y to the assets. of the Borrower and neither <br />H3.llsborough Affordable Hous..ng Corporation.,.. Tnc, as the <br />Borrower's:; .general partner, nor any other partner of the Borrower: <br />shall 'have any personal liability or responsibility for the <br />repayment hereof. <br />Upon default the. holder: of this- .note may employ an attorney to <br />enfoxce the holder's rights and remedies and the maker, principal, <br />surety, guarantor and endorsers of this note hereby agree to pay to <br />3 <br />