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<br /> not extend or; postpone : the due dste of' ti�e .inonthlv instailtnents re#erred to in pai•a�raphs 1 and 2 hereof or
<br /> change the umount of 'such •installmentsi
<br /> 10. Boncwer Not Releasede E�ctension of the tinic foi• pa,yment or modification of a�nortization of the sums
<br /> ` ' secured by this VIortgage granted by I:ender to a,ny �uccessor is ititerest of Borrower shall not .operate to release,
<br /> in ttny* ananner; ttre liobilit,y ofl the originssl Borrower and Borro�t�cr's successors in interest. I.ender shall not be .
<br /> required to commenae liroceedings aga.inst:sucli successor or refusc to extend time 2or payment or otherwise modify
<br /> amortization of the sums secured by t1�is Jlortgage b}� reason of any= demand ixaade by the original Borrower and '
<br /> � , Borzbvicer's suecessors in interest.
<br /> 11 : Forbearaace by Lender Not a Wai�er. , Ar�y forbearanee by Lender in exercising ang right or remedg
<br /> � ' hereunder, orotherwise afforded ' by applicable .lacv, ahall not be a �i�uiver of or preclude the exercise bf any right
<br /> " $ or remedy hereunder. The procurement of insurance or the paytnent of tsxes or ather liens or charges by Lender
<br /> shall '�2ot he s 'wttiver of Lender's right to accelera,te 'the mutuxity oi the indebtedness secured bv'thi§ R4ortgage.
<br /> , , ! 12. Reinediea Cumulative. All remedies provided in tliis '14ortgage are distinct and cumulative to any other '
<br /> N right ar remedy under.this lIoi�tgage or afforc]ed hy 'la��= or equit,y; an�:l ma}• l>e e�:ercised concurrently, independ� '
<br /> � ' ' en�ly orr�uccessively.
<br /> � ,; 13, Successors and Rssigris Bowndr-Joiat asad Several Liability: Captionsi The coven�.nts and agreernents
<br /> ' herein'eontained shall fiind, and the righCs itereunder shnll inare ko; the respective successors and assigns af Lender
<br /> : , 4 and Borrowox; subject to Lhe provision� of p�ragruph 17 hereof: All covenants ancl agreements of' BoTrower shall
<br /> be joint and several. The caPtions and l�eadings nf tl�e paragra�.3ihs uf tl�is \fortgage are for convenience only and
<br /> are not :to 6e used to interpret'or define tl�e provisions Gereof.
<br /> � ' ` I4. Nofice. Any noticexo Borroivec• proxided for ici tGis \Iortgage sh¢�II bc gi��en by inailing ' such notice by
<br /> certi6ed mail addressed to Borrocver at the Property Xddress stated helo«• , except for auv notice required under
<br /> � pr�rtigrsph 1$ liereof to be given ta Iiorrowec in the manner ��rescribed t�p spplicablc� I.tw. Any notice, provided
<br /> � ° forin th4s - 31orCgage shall l�e deemed to liave been given toBorro�ccr when given in tl�e manner designated herein.
<br /> , � 15. Uniforxa Mortgage; Governiag Law; Severabi&ty. '1 his fon'n oS mort6age combines uniform covenants
<br /> � for natipnal use and non-uniForm cove�aants wStli limited vai•iatioris b�• jurisdiction to constitute a uniform secu-
<br /> rity, instrument covering reul 7aroperty: This \Iortgage shall be governed by tlie 1a�v of the jurisdiction in which
<br /> a the Property is loc�,ted. Iti the event that any l�rovision or clause oi tlxis il�ortgage or the Note conflicts with
<br /> ± sgplicable law, such conflict shall not sffect other ��rovisions of this �lorigage or the Note whicii can be given
<br /> effect :without the confticting provision , and to this end the provisions of td�e llortgage and the ISote are declared
<br /> ;�i 'i � � � � to ba�severable. � � �
<br /> h 16. Borrowei s Copy. Borrower shalt be furnished a conformed copy of this Mortgage at the time of execu-
<br /> ; tion or after recordation hereof:
<br /> � ; 17. Transfer of We Property; Assumption. Ii all or any part of the Property or an interest therein is sold
<br /> ` or transferred by Borrower without Lender's prior written consent, excluding (a ) the creation of a lien or encum-
<br /> a bra�nce subordinate to this \�Sortgage, ( U ) the creAiion of u purchtise money security interest for household appli-
<br /> yances, (c) a transferby devise, descent or by� operation of 1:���� upon the deaih of a joint tenant or (d ) the grant of
<br /> any leasehold inf,erest of three years or less not cnntainitig an opt,ion to purcl�ase, Lex3der may, at Lender's optian,
<br /> h declare all the sums secured by this VSortgage to be in�mediately due and p:�y� ble.
<br /> d � " � � � �
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<br /> ¢ If Lender exercises sucti option to accelerate, Lender shall :nail Borrower notice of acceleration in aecordance
<br /> � with paragruph 14 hereof. 5uch notice shall provide a period oi noc less thssn 30 da}�s from the �ste the notice is
<br /> , ' � mailed �vithin which Borro�i�er may puy il�e sums declared due. If ]3orro�ver iaits to pay such surns prior to ihe
<br /> expirstiomof suekperiod, Lender mr�y, without furilier noticc or de�nand on Aoreo«�er, invoke any remedies per-
<br /> miited by para�graph IS hereoL
<br /> � � �
<br /> ' :; 1'ax-LTxzaoxz� Co��FxnrTs. }3orrower arid Lendei• fui•tl�er covc.uant az�d ahrce a� follo�t•, :
<br /> } 18.' Acceleration: Remedies. Except a� procide� ; in ��aragr:y�h 17 liereof, u� >ou Borrowe.r's brec+ci� of uny
<br /> covenant os agi•eenient of Borrv�t�er in ti�is ..i�rlF:z:ge , inciuci� ng ii�e eoverian [s to ��ay �vl�en riue :any sums secured
<br /> y� � � by� fhis �,Dlort�+age; ��Lencie�r ��rior to �ccelerufion shail muil nocice to Borro���c�r ns �>r���ided in pi���igrapl� 14 Ixereof � � �
<br /> � Fpeoifyin� : � ( 1 ) the braach ; 1,2) the action rcyuired to cm•e sucli breaich ; � i3 ) tz date , not ]ess t3�an� thirtp days � � � � �
<br /> , �,� � � Froan the date �tiic notice is mailed to lim•ru��-cr, b�• �chicli sucli bmaeh musc bc ciued ; uud ( 4 ) tl�at failure to aure � � � �
<br /> � suc}i tireach on orbe�fore tl�e daLe specified in tl�e notice uisy result Sn acceler:st.ion of tl�c sums secure�d bv this
<br /> :,+; iytortgage and sale oi tlie Property. Ii the i�reac}i is irut cured oci oi� before tl�e dste si�c�ified in tl:c ttatice, Len�er
<br /> , , . � �t Lender'g � option inay declai•e ull of tlie suuss 4ccured b}� this \1of•tgage tu b�� inun�diately due ��nd payable
<br /> � without furtherdemand sn<t m�y ioreclosc this \Iortg.Lgc by ,juflicinl �n•oceeding. Lc�nder :l�all be entitled to collect
<br /> in such� ��iroceed'ing :�11 expense:; � of ioreclosure, ineluding, but �rok li�uitecl �o , cost� of docmn�:iitary evide»ce, � �
<br /> �
<br /> absiracts and t,itle r��gorts.
<br /> 79, RnrF�.o.'g R_�f.s s� a�•;�:;:a. Notwi. „St:snd ',is�; : tniie�'s n�.iielrrsti�in oi iiu; suin. 5ecureci i�y this
<br /> Mortgage, $orrower sha11 have thc right. to hnve any proceeding� 6e�;un }>}• l,euder to enfome tLis �iortgnge di�-
<br /> continued at a,ny time prior to entry of a judgroent cnfo7•cin� thi, �Sor[guge iI : Ial Borrower pays Lender sll
<br /> sums :which would be then due under this lfortKage , the �ote and notee ,�curin� Futurr Advance� , if nny , had no
<br /> acceleration occurrecl ; ( b ) $orrower curee all l7reacliers of r.iiz�• otl�er coccnant� or ;,grcemenis uC 13cirrower con-
<br /> isined in this il^1ort�a�{e ; { r. l I3orrower pssys ull rear;un.tbfe ezr»�n�en incurreil b�� Lendrr in ��nf�ircin<�� ih�� oovenant:t
<br /> and a�reements of Borrower containeti in this �Iort �;uy�e :ind �u cuiori inR I.r.nd< c•'� rcine�i�es xs provided in ��ar<t-
<br /> ! graph ,i& hereof, including, hut no£ �imited tn, resssonal�le atto� neti ', i�e • ; and � �i ) Borrower i:rxkes such �etic�n as �
<br /> ; Lender may reasonably require to assare thxt, the lx^n oi thi:� \ Iort �a�r , I.i�n�ict'� intcrest in the Property and
<br /> Borrower's obligatipn to pay the sums secured }r,y #.hi� \ toi•t�; i�.: s6a11 continuc iinimpxired . Upou .uch pati�inent �
<br /> 9 and cure by Bastrower, this Mortgage snd the obii�ations secured hereb�- �IaAll remain in full furce 3nd E•ffE.ct :as if »��. � * . :x...- �
<br /> ' ..c acce:2.-st:o:� had otcuri�ed. ,;, " "
<br /> ` 20. Assigament oE Reats; Appointment af Receiver; Lender in Passession. As additiionai security }iere- . � "'
<br /> r � under, Bormwer hereby sssigns to Lendertl�e irnts of tlsc Propert}�; prorided [hac Borro���er shall , i>rior to ucceler- ��' �
<br /> ,` �.; ation under paragraph 18 hereof or abandonment of the Yro��erty , l�acc the right to colleci and reiain such rents `'�''��" '
<br /> as they �eeome due and paysl�le. ' '�'''
<br />� . . . . T1�SR1 8/;CP�PTA1'1071 �l,i!t�PT (�A ?'S,gCSAi�f' . I.R �?t':'S'Cf ' �J 1�Y,:2:C{Q '? ::i.' t?r + t, C ��1'Ci)C � i . I.0 �C.. I. � �. � ' C_7, 1 e:,C�i
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<br /> � Ol' �V ill(�1C18��V . fff)UOlilf<'.[� 1'P.C@IVt?i fi�lA�� �1P PT1tit �Q� t(l Ct1CPP tl�jL�I1 , f ? }S! ]�()cc( c���z� n(� t^Ij 2t�,��;� �;r�„r� 1 }1C �Tf1t� C?\' '� "f "
<br /> ' and to eollect the rente of Lhe Property, including tlioae �iast due. ;� I1 a•enir collected hy I.endEr or ihe receiver
<br /> shat] be applied first to payrnent of the costa of iiaaiiagemens of t3�e Yropert}• xnci collection uf renis , iucludSn�, bnt �
<br /> not iimited tq receiver's fees, 1>remium. ou receiver 's 1�on<�= and rensonxble attornep 's fc ��. sind then to thc suu3s
<br /> secured by thie .M1lortguge. Lendersnd thc receiver sliali he li.lblc to nccouni, only for tt�o�e rrnis actnallp recei��ed .
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