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<br /> not �tenci or �.cu,t �one c}roc w3ue da►tc oi tiae �nc�ruidr � ;a�asilir;rnt � r«-trr;+�Fy ^�.n iir f��ar:zq�raphs 1 ssr.ii "� hereoi or � �
<br /> ahange the amaurcc oi �ierlx instalicxienL�.
<br /> L0. Borsawez iVot Ralrased. 3:xsension of t.lie t9te�er for � ,:w}•��tenz, or ii:encsaficst-�on ot arnprtiizntian of the stsms
<br /> secured t�y this �ioawgsge granted l�y €.ez�der to an�• surre_..ur in in [erea[ c�i $orruc�•er sha.lt no! ���erase to release;
<br /> in uny m�.nuer, tkYe liabiliEy o{ the ariginni Borrrµ•er unrY 13orroi��er s .uree:-sor� in iritere5t. Lender shal! not be
<br /> requirc�f to eomrne�ce p�rocee�iings ngainst su1:li succe.nar �sr reit.sc to exten+3 es�ne ior p:�yment or otizencviae modifp
<br /> arnonlsativn of tl�e sums secured lyy� t3iis \torcg�:ge I�}� rc:a.son of :ic7ti� deman�i ma�3c »y the original gr�rrower snd
<br /> � � I�arrower's anacea�aoas in intepest.
<br /> � F 1. -Forbear�ce by I.aader Nat a Waiv��er: ' . tlnv io�beurance t>y I,ender in exercising any ri�hL ar remr,�iy
<br /> � hereunder, or otherwise affarded by applicable iaw, s1ia3I .�ot. be n �caiaer of or preolude trae exercise .of any right
<br /> ; � er rernedy hereund�x. Tb� prvcuremeni c�t inszxrance or tize ��ay�nent ot t.nxes or vtlicr iiens ar chargr by Lender
<br /> � , shall not be u wai�-�er of Lender's rigiii to accelernte the rnatvrit� of tf�e indebtedness seccired by thas ` R4oztgage:
<br /> �: . � _ 12 Hemedi� CumulaYive: Aii remedies providec� ir. tlii, �Sort�age are +�istinct and cumulative zo uny other
<br /> aight or remedy unc3er thi� �Iarfga� �r affo�e�� !>� lnu� ar eq�iitp; anr7 rnay t�c exereised coneurrent[v, independ-:
<br /> * entiy or suacessiveIv.
<br /> " � 13. Success,or� and lis.sigas Bau�d; Jaiat �d Seueral Liability; Captivas. T17� co�•enf�nt� aa�d �{;reerraents
<br /> ; jrr, �ereia eontained sasll t�ind ; and the ri�hts liereunder chale Snurc to; i'tie respr.ci:ivc successora and assi�s o( I.ender
<br /> , snd $orrourer, subjecG ta zhe -�rovisioz�s of paragr�ii+li 1 .' i.ereoi. .� 11 cot-enants und <�greemenis of Basrower shsli
<br /> � ' �ie joint 3nd several _ The captsons anc3 lieadin�s of t.l�e i�ars�grt�l�t�� of tlyis �llaatga�e :nre for conrenierzce only ' and
<br /> ; �re nb$ tc� be used tr> inierpret or defrne ilre �}rovisions hea-ec�i:
<br /> I4: Nofice. �rxy noticu to Barror�-et� ii;oti-idei! for in tt�i �iorL�;age si7a]I im, �i�-en t�v in�ifing �uch notice by
<br /> i " c .ercified xnaiLaddre�sed eo F3orron�er a� i.hc Yroxjezte Acic3re. , aiate<I bclo�+• , eacept tur ainy natice recsuired under < `
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<br /> , Y;�rsgraph I$ 'Iiereo€ to t�c given to Borra�cer i❑ tlae �nunncr pi•e�cri'r�ed bv ;�.3��ilic�if�+le law. ?�nt• notice provaded
<br /> ; �or in 'thi� 3-lortgage sl�all i>c. deemec} tc+ liat•e 13cei� gice�i to Bocro«-er �vhen ��i�-tn in ti�e inanner desi�u :itzil, herein.
<br /> I5. Uniform Mortgage: Cxaverniag Law; Severabilitv. ':Chis iot•ni of iiic�rcgage eombi:aes uniforrn aovenanis
<br /> fi £flrnationaluseaaa non-unaiorm covei�ants �vitiY limiteri `•ariatioizs G}c jurisdsciion to constitute z uraiform secu-
<br /> ",t., ; rity 'rnstniment :covering res9 propertt-_ Tliis \ �ortgage sh311 he governed fsy �he law of the jurisdiction in wnich
<br /> =, ' t4�� PsopQrty is located. In the e��enC =_h�t an_y F�rocision or a;kause oi #his \�ortgage or the Note ccsnP.icts with
<br /> s ; t spplicable lnw, such conflict shall not sricet oil�er irrn�=isions oi 'tt�i; Jfortga�e or il�e Note w�hich can be �iven
<br /> zffectwitheut tlie conflicting �>r�vision _ atid to 3,l�is end the pro�risions ot t6e 1furt;gage and the 1Voie sre declared
<br /> �, ° t'o be �everahle;
<br /> � ^ 16. Borrower's Gopy: - I3orm�ver shall lze furnistted :�. coniormed copy o# iitis 1�Loriguge at the tirne of execu-
<br /> t�on or after recorda�ion l�ereoi:
<br /> 17. Transfer of ihe Property; AssEamptioa. Ii all or any pari of the f'roperii• or an interest therein is so]d
<br /> csr tran�ferred br• I3orrower zs ithout Le�der's prior v,�ritten cor.sent, excIuding ( fl) t3�e crestion of n lier; or encum-
<br /> , '�` brancesubordinate ta t�ris �ioriguge . � -b) thc creation oi s purchase n�onetr scycuritv inzerest for household;' appi'z- `
<br /> �.nces,, {c) s transfer h,y dexrise, descent or f�y operation oi ? a�s uno:2 the deat}� of a joini tenant or {d ) �he, grant of.
<br /> � .�,.ny lessehoid interest oi three years or ]ess not containing an opiion tc� nurehase, Lender m�y. aizLen�er`s option,
<br /> , , -, c3eciare sll ihe sums �ecured i�y this S�Inrc�uge Lo i�c immed3atei�- due :inc3 1>ay�.btc. Lender sLall have csai��ed such
<br /> ` option to accelerate si, prior io ihe sal� oa• t.tannier; Lender xitd t3ie ��er,on to ��horn ihe Propercy is to be sold or '
<br /> � t, ��sansfened reacl� agrQernenz in ticriting il�at tYie credit oi sueh person is sstis£acror�� i.o Lender an�i ti�at -il�e interest
<br /> psyaUie on tihe sums aer.ured b� %his b��rtgage sJ�all be at ,ucla rate as I'�ender ,�halt request. It" Lender liss waitied
<br /> k3�e:option ico aeceterate proviaed is ihis par.3grapF� 17 und �I Borrower's succe�or in inierest I�as execLiesi a �c-rii-
<br /> , ' ; cen assumpiion agreement�ceepted ii� tivriLing bc• Lender. Lender sha,l4 release Borrozver irom aIT obligsaions under
<br /> r t�iis;Mortgsge and th�e Note:
<br /> ' ' If Zender exerc�es sucli opiion to acceleraic. Lender sz�,all ci�aii f3orrorver �otice oi acceleration in sccordsnce
<br /> ��.�itti }�aragrxph i4 h�reni. �uali notiee �hall proride a period oi not le,s tlian 30 dsp� irom the dute t�e notiee u
<br /> ' � r�ailed «-iti�in �vhic�s Burrav�-er �u;i,y }�ra �• tl�e sums deciarec_ @ue_ Ii 13orrower �ails t.o T�ay such sums prior io ihe
<br /> � � e°�cpiraiian oi such pEriod, Lender ms��: �vithout Yurt.l�er noc.ice or r}e�7�and a�� 73orrower, inti=oke anp resnedies per- `
<br /> i � mitted bY Aaragiaph 18 hereoi.
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<br /> ` ;ior-l:, � i�or_:+f CovFr:.a�.Ts. �3arrAu-cr and Lender i'uril�er ec�venant and a�i•ee a5 fo3io�ti�s :
<br /> � ; 18: Acceleratiom; :Remedies. ��:ce�rt �s »3•o��i<led in ��uragr.x;a1 � I � herre,ot, i3 ��un 13orroti��er`s t�rearli of .ai�y
<br /> " cvvenant or ugrcen3es�t of Borro�ver ia� : i�is .lZQ�{,�,tgr, incluzli7�g k3ic coi�enatits zo �isy- �vhen due uny si.:n�s .ecured
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<br /> kry ihiE :11ori,gage, Z:�nder �trior fo actes"eration ,izall m�ii1 rsuticc to f3t�rrower :�� ��roti-icieii in �i:�raagea�>;i 14 I�creof
<br /> 3 ��ecitying: ( I ) ihe breach : � 21 t6e aic-tion rec� uired to cure sucl� isresscl� ; i3r a ciaie, noi les� than €hirtv dsvs
<br /> `, r f�or�� the dafe tl�e nv�iee ic I�zQiled to Barro�vei�, 1r�• �ciucl � sucl� Inriic�l� 3uust iae cured : �t�d (4 ) tt� at faiiva-e to eure
<br /> ',' ` s��ch t�react� on or �efore t3ie daie s}�ec�� fied itt tl�e nocice xxis}T resuIi in aceele�-atior� oi t)ze suuzs secu�e3 Ly tnis
<br /> ;vlortgage and sale cri ttie 2'roperiy. Ii t �+e Ureach is not ctired ai: or bei�rc tlie �3atc �pecified in clre natice, L.ender
<br /> i � � a� I,e�der's option r�ap deeiare iil! of zhe �,urn: secureci P� z• t9�ia �lorcgagc ta� bc i�r�o�3ediately �9ue� a�d ��ayable
<br /> � u i6houx furthex �3ems.ml� mnd �nap iorectrase tis�:. �2ortga�e 6sy � udiciu�l proocedin�: Lenc3er shi�I! Pae ei�liti�zj to eqktee0 �
<br /> � - ' in svch proceeding alt expenses oi ic�xeciasure, inclu� lin�, }>ui »ot, li�uitesi tv, costs ot ciocwnentsrs� evidecnce,
<br /> a�stracts snd titte reports.
<br /> `;, ' 13:$ortower's 3iight to Reiastate: �ot�sithst�ndin� I,ender'; acreleraaion oi tiie �um� secur�ed bc ihis
<br /> ' ; h*lortgage, Borrower shexll haz�e the righ� [u ha�e sn�+ t�roceedin�;, i>egun bp t.c>a�dcr ri7 enfarcc titir �fc�atga�c�: r3is-
<br /> continued si any tizne prios #o en�rg• oi a jud�ment enioTeing �3�is \Iortga�e if : � ai F3orraxver pai•s I.ender ail
<br /> i sums svhich would be then due under il�sa �Iortga�:e, ihc '_�oxe :tn�3 nates �er,urics�; Y x:ture Ac� vancer, if a��•; had uo
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<br /> x�ce3eraiion +ocourrea ; ( b) Bormx-er cc;-res a31 frrearhe, vi a�i�� aiher co� en.;nt � ar a;;reenients ai $or_--osver eon-
<br /> , ; Lr�iuc:d in thin blart�e ; je1 �3orrou•er {xays ail rea�sonable ex�'�ei3�e• inrurri�l h�- I,+•nrfer in et�iorrin� tiz� ec�venants
<br /> y • a�d agreemeRte of $tsrmwer �ontained ;n this �41on�a�;e ans3 it� eni�rcing Lenc:tr'� re�iaedies as pro�•ir3e-si in ;�xrs-
<br /> : , graph 2$ hereof; ineirsding, b�at not luuaEed to , rexsui+��it:�le atturne�• '� ice. ; snci � d l F3orrocrer t ukes sucta ssction a�
<br /> i.endar. insy reasansb],v r�qnire Ro sss�re ctiat ihe lien oi � l7ic �-Iariga�c�, i ,er�43er'a 4ctceresC in tlie PropeM.v a.ac�
<br /> �ormwer's obligatioa to }�sy the sumF secareci by this \loriga�e �i�ali continu� ' unizu��,airc� . L'pon suc� �a} inent ,
<br /> ; '^ a�d cure by. $orrower,i`t�is ATortgage aasd zi�e q1a�i�.;ation+ secured l�ere�b�• �hxli r��inuirc in tuli force and effect as if ^��*r�.i ,� - "�
<br /> no acceleration had occurred. r�
<br /> 20. ' Asgigameaic ef $eats: Apperiaianeat of $eceiver. 3.eader in Possessi.on :�s acidiiz�nal �ec�r�ts tiere- �' �°��
<br /> �i + us�der, Box�x+ower}�ereby sssigas to Leru3er tt:e rnnts of tlic Propert�, �+roeided rla�t B+�rrna•er shall, prior zo aceeler- ��'�:
<br /> ' � , . ataon uaidea }�aragrs� 38 hereof or siu�radoncnent o# ciie Pre3�>ez3s, lii��-e i }ie ri�=�t ta eoliect. anc3 n�uiu such renw ;����
<br /> ' rss they bec�omc due sad paysble_
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<br /> , . . . t��3f3S: �.CCC�Bf:^.'�7:R741 'i3f1(�CZ i�8te&TA�I�H )f3 iT,n�'+3f� (?Y R{�ciT?�39Rt?3P•!'1t ()f il.p j>.�tsy.,+y- 7 n+;.f.�'_"_'. 7 .^. �"��C"G^ _ 1 . 1' a ��nr �
<br /> ur �V ludl+Cielly ttpi�c��nE�d reCeiver s!n€ii�[ fie tt�t.alarr3 io rnxar itiHan . t � k� nn.•r•..ricir� .ei ,ani1 +avMi�Hea rit. - {'mrm�rrx�
<br /> � " asad to s.oileefi, the re��s ot �t3ss E'rapertg* , ittcltadiag ttw,c ;>,a.st due. ?.11 re:its ccilecxc�i iac I�nciEr o� it.-« rirr:i�•cs
<br /> sl�ll be app3sed first tao paymesit oi the c�ost� ai kusn�cment af ils� !'ra��erts• anc� collrrtion af rnnt.. , uici acimg }rut
<br />� nmE limi#sri #a. receiv�r's fe2�, premiums an r�eis•er'. bonci� ai.cl rrxxnai�le: aicorue�- '� f.-e.. aizd z3ien v� cr:e .uxn=
<br /> , � v�,eured bp tn�s �4ortg;sge: I.eu�rier and tts:�e recqrer sLx31 !re i�:ab}e tu sar.ount nnl�� for cho.e rc�rrt� actuail�.- recc: red .
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