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<br /> nat extend or �iostpone Che ciue date of tl�e �i�nniliJ� inst:�lltn�nfis refea•red tu in }i�ragraptas l and 2 hereof pr
<br /> ; oha�nge the t�moan#: df auel} instaltme*tts: : ,
<br /> ' 10. $orrawerNoi .Reloased :: �.+.xtensiory of t3�c tinse far �>aynient or iYiodificatiorr c�t nmoi�tization ot t.lie suaxis
<br /> � ,' ; aecured.by tliis lXortgu�e �raqted Uy I .e�:iiier tu a,xiy ;uoce;sor iaY intirest oi I3orro�s•er sl�nit nc�t oper�te to zelemse,
<br /> % - - ' � in any ??Y�aisner�::the - liaGiGtv of tl�e original Rorroiver ras�ci Barra�s•a7r's ,�iecessors in interest: Lender 'si3s11 not be
<br /> r , ^ � ` required .Lq commeuce #xroc��dings u�;ainst sue}� scx+cecssnr-or reiuse �� exteud tipio for �ityinent or utl�erwise tiiodify
<br /> � �r,, , nmortisatioia pf ,`tl�e sntns sectue�l Uy�t1»s .liortga�e lis� ressan oS az�v den�ui3�9 inade by th+e ori�izml Borrn�ver i�nd
<br /> � r,,,,,F Barrbwer"�s'sUecessors in 'inf�rest. , '
<br /> � y ' �, 11:, F4r��uraa¢¢- by Leader. 3�toc a Waiver, riay forb�ursnce !>y �,ez�de.r in exercising �nv rigi�t or remedy
<br /> � . � hereander, vr otherwise �ffarded t�y applica6le 1a���; shull n�4 !ae s ir•aiver of- or prealude ti�� e.r•erci�g o€ :iny right
<br /> s
<br /> � ; ; q . qr remedy �ereunder. T1ic procurement af insuraaice or tlan pa�*rnenG of tazrs or ut,her liens or chnr�es bv I.ender
<br /> �`� � , � shuil rioC .kit� a ti��niver of LendcAr's-righi to;.ncceler�te ti2e nauturitv af tl�e indebtedns�ss seeured b,y this Murtgage.
<br /> ' i2' �tasaadiesCumulative. ,�A11 remeziics �rovided in t,l�i� liork�3ge are distinecand aumalative �a any ot:�er
<br /> �w ;� � righ�` ur remeciy ;uncier tltis +liortgagc car xtfforcleci 1>ti la�v� oi� equir.4, :tind n�ati3 bc exercised ronrurrentl�; independ-
<br /> ^�,� a : eptly or successjvely: ' '
<br /> (y ':£ 13. Suecessors and�Assi+gns Bound; joiat and Several Lia3�ility: Captians. 7'}�e� eovenatits snd aa.�,n•eement5
<br /> , izerein cor�ta,aaed shs.11 bind, aixd t1Ee rights tlerenndea• �hmll itiiire co, tht: re4peciivc successors .�ttid assigns of Lender • ,
<br /> � ', � �aud Borro��r, <ubjecE io tlie �roa�isiona ot par� �r.���h 17 liernnf: ���1i oovr.nu�i1,5 an�4 a�ree�nenfs of B+orr�wer shall'
<br /> 4" ' be joint and s�veral. ThE ca�tions nncl b�xadings of tl�a; �7:iragt� }7hs` vf tl�is :1lortgts�e are for ronvenience orxl,y aaid
<br /> } are nat.to 6e used to inierpret, or defiz3e tliej�royisions hek•eof: �
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<br /> Fa � � I4. ' Notise. : Ar�y iiotice to �orron•er Provideci tor i�t tliis \Sorc�a�c shull I�c gi�-eri by ui;�iling sucli nutice ' )�y
<br /> W rertifie<i niai3 sddres.�;ecl to I�orrorvc�r aC the Fr��iert � �ddre�a sfat�cl bclow ; ca.cc�it: ior unr uotice re�uared undex
<br /> � ,ry
<br /> ' � g�arss�rapii i8 13ereaf to 3�e �iEe�i ' to Bocro�� er i1r xhc man2acr l�re�eribecl Gp ��>}1licable l:i�r. ;��rv notice f7x•ovi�3eci
<br /> .k , for in t12is \Tort.g� ge h1�s11 !x deeznect to hmvr l.aer.n given t.o I3orrox•e3� ���hE�n �;it�en in Che �uunnei• designuud h�reia.
<br /> �. ' t5. �Ja'sform .Maztgage; Governingi.aw: . SevarabiSity. 'lhis foa•m af ri�artgcige coml�ines unifortn coven3nts
<br /> � ; for nutional e.isu and non-uniforni co�enants �vitlx limited }•�ristions 1��� jLirisdictioix tn cunstitut,e a uniform secu-
<br /> � ; `� - rity instnuu�nGrcoveringTeal �iro��eriy. Tfiie-\iorcgage shzlt irr. go�-erned by tlre latv ot the jurisdiction in wliich
<br /> >;' i the Prapertv is locsted. in the a�=eni .thui� .inq laroz�ision or claus� af this \iort�agc or thc 1Tote can#iicts with
<br /> - r app3icnble 13K•;'such eonilici st�all not af#'ect ot.lier prot�isions t>f tliis llort�sge or the Notc tirhictt can Ue given
<br /> ^; � ' effec8 xvithout tt�e conHieGizrg �.�rovision, ;ind to t2�is end the i�ro��isiea�s oi t.i�e \iort�3ge nnd tLe ivote sre declured �
<br /> ;., ,' to Ue severatxlQ.
<br /> ,�', '� ' 16. .Bozzower"s Copy: 13orrower slsall 6e Yurnislied a con (ormed capp c3f ttiis 1�iort;ga�e nt thc time of execu- �
<br /> , � tion or nfter recordatior. i�ereof:
<br /> 17. TzaasEer o# the Property: Assumpfion. I f all or azi�� part. o[ th� Propert� or uu interesE bherain is eo3d '
<br /> � or.trausferred bv 13orrower ccithout,,Lendei•', prior written conseni:, e:�cludin� (a } the c>reation of a fien or encuni-
<br /> ry . + branacsul�orclinate to tl�is Vlortgatge, ( b) tlir, r.restion of � purchase monny ,ectn•it,>> interest for l�ousettold ' agp2i-
<br /> zances ' (e) n Gransfer b dc�vis� desccnt or �v u �er:3.tion of law u >on td�e dehtli of �t oint. tenanl or (d ) tSie *rant of
<br /> ? � > Y r _ 1 I ! b
<br /> " v atiy ]easehold interest of. three ve.ssrs or less not. t�ontainin�; .�n o�>i,ion to ��urchase, Isender may, at Lendar'� �ption;
<br /> ,^ u deqlsre all the sutnssecured by Chis �4origsge iu Uc inuiiediateh• due uud pa}�:zi�le. i.uu�ier si.iall lu�ve waivr.�d sucli
<br /> �^ � ' option to accelera�e iz; ��rior to the suie' or transfer; Lencier an�i t:lie ��r.rson to whona tlze. I.?�•operty is #v be sald or
<br /> u, f txansFerred renci� s��reeti�erit in jeriting ti�at t.t�c creclit of �ucl� ��erson is s�zisf:xctocy to Lender iinci tl�at the inierest
<br /> <.; x, phyable' on Lhi� sunzs secured bv this 11ort�agk: ,l�xll l�e a4 such rate a� ]',ender shall rec�uest. It i.eudc:r h�s u^ai��ed
<br /> y., . $ the:optian to accelerate provi3ea in tl�is para�raph 17 and ii IIorrovs-er's succesroi• in interesL lias executed a x>ric-
<br /> y ^� ten assumption agreenient �tecepted in writing i�y F�cnclei> Lencier �l�al1 releaue I3ora•a�ti•er froin :ill ubligaGinns under
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<br /> this 1vlortgage and the Note.
<br /> � ° If T�ender:e�tercises sacli aption ta ncceleraie, Lender sliail :i�ail 13oi•ron�er notice oi acceleratiun in nccordaa�ce
<br /> ' �,� ' evitla petira�raph 14 hereot. 8ucla notice shaill pro�-ide ii ��eriod oi not. Iess tl�an 3Q �iay; fr�m t.lie: <It�ie tl�c notice is
<br /> e ` a�iuiled i�•ithiu n•liicli Burra�+•cr ma�� pi�3� ttic sums der.l��red dut. li l3oi•roti��e�• tails to E7 �y .uc(i : suu» prior t.o the
<br /> f ,t expiration af such peri<ad,: l.eiader rn�,y; ���itf�out. iurthcr notica or cicivand on li'urro�ver , invokc r�ny renieciie� per-
<br /> . . ;
<br /> `,' � ` mitted by paragrnph 18 heceo#,
<br /> " �•� � � Ttr�:.-I' i.rxFonai �'•c�v�;xr.x �:�s. � I3r�rra�ver � �xiYxi Lcriiter furtdzei• covenz�n�t. u:ncl ag�rre as Po91�tivE �: �
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<br /> ' � 78. : Acceleratiom Remedies: L;ace;ii as ��ruvi�l��d in � �nia�ra� �h l i hereoi, u ��aa Borrciwer's !>resse3i- vf an�,
<br /> �` � cuvennnt ar tt ret>>r�cnt oi l�orrc�wcar iz� c,tri5 �it�rt e rr iacludin � t.l �e coreiisnce to »1 �vl�en ciue uziy sun�ti ,ccureai
<br /> � � �� � '� � 1 ' .'
<br /> ; - 3 by t}�is �iortgitgc; Lencier �,riur t« z�ri�e,lex•ation aliall luuil notic�� to �3cirre��cc:r :t., ��rc���ac9erci in �eai•:igrttali 14 hereaf
<br /> ,; i � �� ap�cifyin�: ( 31 � 2�31e b�•er�,oh ; 12 ) iiii �iction rcyuiresl to ciire sucli l,�n•e:icd � ; ( 3 ) a d:�tc , n�t � le�s � ihat� Lti�rtV c�x�pa
<br /> v:' '{ iroru the date f11c rsotict' is utvilec� ta ].3urrc��rcr. hy ��-hiclx eucii htt•<tcii must t>r curcd : ax�d { 41 thsit: f:tiliirt� tu cure
<br /> �, : .ueii bi�;neh on ar t�eiore the date s{>ecified in tlie notice iva}� rc>sulc in :scc�ler�atic�n �>f tLe xuni� seeui•ed bt thss
<br /> '° ti :�3orig»ge und st�li: ot: tlit Yropert.y. If t3ie bre�ch is nut: cxamd un or 1_>cfoi•e tlie d:it,c ,}:�ecific3 in t,13e uuiic�^, Lender
<br /> ' � st i.e.nder's opCSon mxy �dcal�i� �a11 c>S �the .uw; �e,cured I�,y Lhie �fin�gc�gu � to l.ie � irnuaec�iat.elv �tue z�nd � paystbie � -
<br /> � , t iti 3#�hout f'urtli�r deiiiaa3�i �nd anag. fnrcrlc�ec tlus \•tr�rt�;;�„� t�y � udiciai �lrocer.ciing. 7�tnder st�:ii1 !>e entiticd to collect
<br /> , ;r, st:ai� jr±-creeeciii��; uil e,x{�ca�sYs i�i torzclo.ure. inrluciin�, huf: not lirniie�i to, ecrst� of docuinent:�ry cvidenee�,
<br /> ahstrsets and f•itlr re}�octs:
<br /> , ,� 39.. Boaeymer"a Right to Reinsiate. .\otwit}istnnding I.ender'� acceleration oi tUr :unis secund 6u this
<br /> , ,; hlortgage, Barrc�wer si�ail l�s�-e the;rigtjt to Ii:Gva ' ,�ny �irocecding� ixe�uit kn� 7.endca• io e�iiuret: t [yi. Aforigage dis-
<br /> " et>ntinua<i mt an� time }�rior to entr,y o! � judRmcz�t enfaTein�; tlii. 1lortgag�:, if : 1at I3m•rr�cer pu� � l.ender xll
<br /> a , � su[ris whic}3 wOUld. he LhCi1 t1Ue uifder this :\}prt�ii��� ,' thv �tiofe xmi ncri�,,, verurim= F'��s �,rr� a �i� �„_ _ ,f ..., ,- � ii:u no
<br /> , s xeceleration Qcaurred : (hl 13orrowei curca aii Lre:�c�lie. ui ;.nr oui�x- io�•eiiatiz ;. crr u�r��anir.uu� af 13oa•rawer eurr
<br /> �� �2 � tained i�:thie:314oltg4�el � tc) �Burrowtr� �a}'s � �f! r< asvta_ihlr ra�+iio�e�.� isicurre<a t�r I .cnderr �n rniorring tlie r�veuzints
<br /> '.. k and agreements ,ai Borrowcr confaincd in #;}iis �Inrt�;n�c ctnd 'r�r erai�rcin� I ,cniie}r', remedic: as ��rovic�e+i in pr�r;i-
<br /> � ,. $raph 1S fiez�tr ineluding; but 'raot limitecl io, re:iaconat�le z�c.tvrne�• '� 3eis ; ::iuc1 id l }3orrowvr t.il:+�s suc}i �etian as
<br /> ' ` I.ender, may rea�onably naquire to ussum thut tiic lien of ilzis \iu��tic�ge. I.enrier', inter��st in ilie Yrn��Ert}� :�n<i
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<br /> r , � Borrox�er's obligatiun �o p:ty, the sums 4ecured bp thi • 1io7^t�;sGe .l�all ront.int�r, unirur�aircd . l?F>ori .ucii z�sycy�enc
<br /> F _ ,� and cum i�y �3orraw�r, thfis,:l3orCgage r�nd tl3e, obliqatioiL .ecureil l���reh} •hatl x•e�i�ai:i in full ic�rc.e :anLi et3irt :�s if , a� "� ��^, :
<br /> ,h no accctletatian hati occurnvi. � �
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<br /> � ' f= 2D. 'AssigpuasaF, o# Reatas lippaintrnaut o# R�ceivar. Lender iar Possessioti. As uddiiipne�l suc.uriiy here-
<br /> � # under, $orivwer �iereby assigns tq i.ender Lhe mnts o! the Yru��4rrv- . F�3•a��ideii x}uit. B�rxa�•er eh�till ; }�rior 'to acceler- "�
<br /> � �., .
<br /> y 4 ution undsr p�ragraph 1$ herepf or ab,�ndon�nent of tiu� Pm��e�ty, I�svc tlie riglar to cot3ect and reti�in sucl� rents ; ,�
<br /> ` � ; as they become due and �s,yable. , ;., g
<br /> � � � T7par� »cc+elernti�n ��nder �+r►ra� f�h 18' 9iezraf t•{' s'°:�ttu�qtlltic�s: c� � tl c Y .�e . � T �.r ��r �i r ,u�er`i , :�� mge.i�L � �" � �
<br />�7 = �r t�Y -jud'ioigll�V a��a��ain4eci nereiver •altall }w ��ntifl�+rl tn t�nt�r ^,i3�an , t ^jlct 7���_ c:�Q.o.z c�� .;z .i a..:�„t i4zc: v c��a, .^i�- " .�
<br />� s „ and t,�i:rqll�C�. �he rents� of.;f,h� �'rqE�et�ty, inc]uR3in� tljosa: }�rasc due, All rents ca3lertNci l�� I c.ndrr m• tt�e � e. reivcr
<br /> , + sktai� be �:gpiie� fi4rsG ta payn�ent oP.�he casts of aaiaesageiu+�axt oY the Prupert,y �nd ccallecticii� of 7•ei��.., ic�<•lucs9n�;, bui
<br /> ; nQt limited to, receiver's ieryti, j�re�niuin� on recei3�er'� 'Loncl� and rex.onxU1N aitornev '. tec:u, rsnd t.}i�n to t2in r���n.
<br /> •� securad by thiS blvrc�agc . 7:ender and #he mceiver sl�all trc� li.�l:iie iea necoirnf onJ�• for il�o�e rents nrt.u�jlh� rrrei�•ed .
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