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<br /> uot extend or ��o�tpoo� t.ha dq� date of t!:e ��ronrhi�� rn,r, t� li �nei�t.,� r� ier:-eid ta ira r�ara�raya:�x I srid 2 hereui or � �� � �
<br /> change the �inaant oi such inst$ltenenca.
<br /> 14z Boao�ener Not Rsleassd. l::xtension af the rii:ae for p�avment ar e�7odificatiorc of arnortizntion ni the sums
<br /> secured by thia 1'iortgage granted kay Leueier to am� suercessor in inccre�c c�f I3urwwer shail not operate to release ,
<br /> in nny manner, tlie liabiiity of the ori�inal E3orxower :s.nct Borro�rcr'< rurcetsors in inierest_ Lender sha11 not 6e
<br /> reyuired to comrnenee �rraceedings sga'snsc sucli sucecssar oa• ref�isc to extend time ior pzymexi-t or othenvise madify
<br /> � timortizntioa oi �,ue �ums seaure�i by this \Iortga�e by reusorr of sziy denlanci made by khe c�riginak $orrawer und
<br /> Borrower's euce�ssors in interest.
<br /> I1: Forbeazance by I.endes Bfot a Waiven Any fork�e�rance by Lender in exercising any ri�ht ar remedp
<br /> hereunder, or ot�erwise afforded by apnlicable la«v, st�ail not be a cvai:er of or preclnde the exercit;e of �any right
<br /> or remedy herersndex. Tkie procurexnent aE insurance or t:he ps}-ineni of t.a.xes or other ]iens or charges by Lender
<br /> shall nat be a waiver of 'Lender's ri,�ht 'to �ecelerate the mnturity of t,he �ndebtedness secured lay this �.lortgage,
<br /> 12. Remedi+ea Cumulative. Ali remedies }�rovidec3 in t6is \Iortgnge :zre distinct a�ad curnulative to ritiy other
<br /> riglit:orremedy tinder this \[ortga�e or ;efforded try lazc nr r�ii "sT;y, nnd ri•aay be exercised concurrently, independ-
<br /> ently or successiweiv:'
<br /> 13. Successnrs �d Assigna Bound: Joiat rmd Several F.iabiliiy; Captia�s. Ttie aovennnts and agreements
<br /> herein eontainec� shall bind , nnd the righis 3�ereuncier sfis:li ii�ure x.o, the res�ective .;uccessors and assigns mi Lender
<br /> " and Borro�ver, �azkrjeci to Ghe F�rovisions of �>ar�grnph I � hcreot_ ail covr.nants anci agi•ecmezsts oi Borrower shn1T
<br /> be joint and sec-craL The capLions ��d iieading_ oi t,l�e f�aragraphs of t.his \lortga�c sre fpr �onvenience only and
<br /> ,; nre not to be used to interpret or define itie provisions hereo3.
<br /> a 14. Notice. ' Airy nofi.ice to I3orro�ver provided ior in tl�is Jiortgage st-.u13 be �i��en by rn�iling sueh notiee hy
<br /> certified inail addressed to I3orrower at t}ze Yroperty _�ddress st.�ted belo�i�, exce�rt for ariy notice required under
<br /> +, �� �iaragraph 1&. hereof t,o be given to Borram�er in tl�e ui�nncr �zrescrilied k>y :cpi >licat�le l:�cr� �ny notice jirovide�
<br /> �' for in tkus Dlort�age shall be �3eemec� to l�atve been gi��en to S3orro��•er �clien givea in t.he manner designate� herein:
<br /> 15. Uniform- Mostgage; Govexaing Law; Severabiiity. Tliis form of inorc�age comhines uniform covenants
<br /> ,-- � far national use and non-uniform eovenunts �viih limiieci �-nriations 6y jua•isdiction io consiitute a vnifo3m secu-
<br /> ` ; rit instrument eoverin real ro err.��. Th:s �Iort �a�e �he�}l be >ocerned �n� the 18�v of the
<br /> Y � p p b e b jurisdictios in which
<br /> tfie Property is 3ocated'. In 'the eveni that any procision or c!ause oi i.I�is i\IortgaAe or the Nate conflEcts with
<br /> applicable law, sucii conflict shutl rxot :iffeci otl�er provisions of this � tortgage or the Nocc whieh ` ettr. �e given
<br /> � effect>�rithout tl�s: conflicting procision, and to Lhi� end the prov4sions oi tl�c \Iortgnee and ti�e Naie are declared
<br /> , A to be seversble.
<br /> 16. Bo=rower's Copy. I3arrowersnsll 1>e "furnished u conformed co�ry of this 1lortgage at thc time o4 execu-
<br /> iian or atter reca�adatior hereof. r�
<br /> � 17. Transfer of the Propezty; Assumption. If ali or r�ny part oi ihe Property or an in�erest therein is sold
<br /> � ar trunsierreci b}- Borrower �viihout Lender's pr:or �sritisn cmisent, escludi:�g (a ) t.he creation of n lien or encum-
<br /> � brance subordinate [o ihis \�tortgage, ( b) the creation o€ ti puxenase mone�� seeurizy inieresc ior housenosd :tppii-.
<br /> i anees; (e) a 'transfer �;• devise; descent or b,y aperr�tion oi I�n� u�on the death of a jointtenant or jd} the grant of . � '�
<br /> i any3easehold in 'r.aerest of tl:rec years or Ies� iiot cocitainir:g uii o>>ti�n tu ��urchasc-; I.:nc�er rna�-; �t Leade�s �,ptian,
<br /> c3eclare u11 the suzns secured by this �iortgage to be i�iunediutely due anci �'aayaUle. Lender st3all ha;�e wai:fed such,
<br /> opiion to accelerate it, prior to tl�e salo or irsnsier; Lencier and the ��erson to whom the Property is io be sold or
<br /> transferred reaclx agreemeni in }vritin� thaG itie creciii of �ucl� per�on is saii�fuctory io Lender �nd that the int,erest
<br /> payable on the surus secured by this ;'t'lortga�e shall be s+.t sucti rate as Len<jer shali reyuest. If Lender has K-aived
<br /> tlie option to acc�leraie pravided in �.his paragrapli 17 and if Borrower's su�ces�or in interest i�as execute� s �vrit-
<br /> iQa a��uanption agreemeni aocepted in writing by Lender_ Lender sh�ll rele3se Borrowerirom all obligations Under
<br /> ` thiR Mortgnge a�.3 th� T�r„+Q:
<br /> � If Lender eex�rcises such option io accelerate, Lender sh711 ii.aii Borrower notice of accei�rKtion in accordance �
<br /> x,.
<br />�'� � � z�•itlrparagrapfi � 4 hereof. SucL notice shuli pro��ide tt l��ri«! of not les� t}� an 30 days from tne ilate t.he aiofice is
<br /> ' niailed cvithin a•�icn Borto�;�er may �aay ihe �um� deciared due. If Bm-rocti er fmils to pay such aum� prior to 'the
<br /> ; �zpirstion of suc� peiiod . Lender map, tivichout furtiier z-iutice or demuncl on B'orro�ver, inroi�e sny ' remeclies per-
<br /> mitfed 'oyparagraph l$ hereof.
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<br /> r P�ax-L?xiFona� GocExe:.Ts. Bni•rotiver aiud Lezider furtlter eoc-enant and agre� as foIlows:
<br /> r.
<br /> 18. Accelezation: Remediea. Excc�3t :�s pro� iiicc'. i�r � i,:ragrn�di 17 iicreof, uj�on t3orrowei•'s breucl3 of any�
<br /> covenanc or;agreement n# Borroiver5n t'fiis \fartfis�c: incluciiu� tt�ccovenasris t� rp:s�� tishen ciucany aums secured
<br /> + �iy this �lortgage, I,enc9ca• l �rior tu .tcceieruiiux� ,I�ull m:� ii notice to 13orro«-cr a� pT•�rided iii y�ax'agreiph 3 4 }iereo#
<br /> , speeifying: { 1:P t:he bretich ; �21 tlre .tction renuired to curc nuch ln�cacli ; 13 ) a daLe, noi 1�;s tl7an thirE,t' days
<br /> �: ?ront ihe dstr. tl�c nutice is eiyailed io }3orroti�-cr, by ���liicli sucli hi•eucli i:�ust bc• cui•e< l ; and t4t that failure t� cure
<br /> � �ueh breach on or beiure tlxe date specified in zlie notic� may result in acecteration of tlic sz�ms �ecured bv this
<br /> t a '�iortgage,xnd sa�e of t}se Property. Zi the brcacl� is noi ezrecl ar. or befare ihe d�te ,�ecified in tLe noiice, �ender
<br /> � " ; at, Len�ier's o�atiisn nrav declrsre all ui the au:iis secureci bs� ihis �Iort�ag� to bc inzmediateiy due ¢and Payaole
<br /> - �viiliouG 3urther c�anxand 3nc3 3nay t'orerlo�e tLis �liort.�sge i�y judicizl proe,eesling. I,encier s1�:xi1 "a�e entixled ta eollect
<br /> an such aroeeedi�g a11 expenses oi Somciosire, inclticiing. hut not ]iiuited to. costs of dor_ wnentun� ez=ideocc,
<br /> sbstracts and titl�a•eports.
<br /> 19. $orrowarr's Right to Reinstate. I�ot�x•ithstai�din� I.e�zc�c-i•:, uece3eration oi tl�e su =_ns secured by ihis
<br /> ;' `_4lortgage, $orrawer shall have tl�e right; to ha�•e any proceedirigs f7egun fa�- Lender ta cnforce tliih �lortgsge dis-
<br /> ; continued at 'any time prior to entrv oi a ;judgrnent enivTcm� if�is \Iortgage if : iai Borrower pays Lender sll
<br /> + sunae which wouid be then due under this _\Iongagc, tt�c '_'tiote rsnc{ note� secaiiing Future Adrszices; if any , had no
<br /> �cceleration occurred ; (b ). Borrower cures ail tireac•lies uf any at}rer cov��ra;uits or n�;reements oLBorrow-er con-
<br />� . . . . T$iP_C(Z 1R � f_f118 �U3't.��$Q2 : � �( £ � HOTtOSYBT �)HVg .B �� 1'PficQll:{{l{E. 4'}:11C�!]cpc iilfll .r�pl3�. �)1 � i i�i��ir.:� in ��.ni�nr�i ��h �i�n C(�'*.'PLl:intc . . � . . .
<br /> and agreements ,vs Borroccer con[ained in thi� �lortg:ige and ui ento� cing Lenacr'� mrnedies :as pro��idec2 in pa�r�i-
<br /> ,graph 1$ hereof; inaiuding, but not ,iimiie�i to, reasonsbte attornev'� �ee� : a ziri � d I Borrower rakes such aciion us
<br /> Z,endar may rea�onablp require to assure tfiac the lien oP tl�i� 1Ton�a�e , s.ender's incerest in the Yrqpert,�- und
<br /> ° ; Borrower's obligatiou to �av the sums secureci 'try th�a 3� o��gace �iri�ll rontinuc tinim; ,airec3. i:;pon sucn psrment
<br /> snd cure �av Borrc�wer, this �Sort,gage snd tI�e obligat3on� _.ecured herelar :h�ll re�r�ain in fuil force aaad effcet. ss ii �y,) . - ' '��
<br /> no apcelesation hs�i occurred. ' . .,
<br /> 2fl. Xsaigaaseent of $essts; Appoestrxten! of Reeeivsz; Lez�der in Poss�ession. A, additicm�l securit?:� +�ete- 'a * ��,
<br /> under; $orrower kser�by assigns io Lender tlie m�xs of the Yropertr. piv�-aacc� tl�su iiarro«�er shall, prior to aceeler- �+�� ,
<br /> �;,; ; �tion u��es para.�raph 18 hereof or ��.+andnxuaent of ttie f'ropert�-, ha�•c the right to collect an�3 seisin �uc3� rents , '��""'�i
<br /> s,s Ghey beeome dea�e snd payable� `��r
<br /> L�nraat accel�tion v�v�e� ,�xra��h dE 2:e.*�eoP nr ak;;:r.unnz.c^: or � .e a':oper :_ I..ndc :n � or:cn :,z ugenf ` ,"
<br /> - f�9' �V �i(I+C�]Cl&��V � fl�Y�i?fAlil[:M� 7'PCPIVPS ti2'A��� �f9L' PTC1C!£t'� LO C^_31£"S 4^Cl'1.. 2.1�:�' a?rs�`� _ F..U2: U� ...II.� . .��..3rC L'S:C f�_ OYCit;4' � � m
<br /> ' aatd fo.:eolleet the rents uf #,he Pro�ertV, inciutis:sg thor,e i�ast due. All rents collected ]rti L��n<ler or ihe receiver �,
<br />� ' s3�a11 be applied figst• t,o pavment of the oosts ot :nunaKetne:nt of t3xe Yropert�• and co34ection of rei�t�. includi _�� . but.
<br /> rsot Simited to, receiver's fees, >>remiurc3s on r�ce'xver's hon�3� snci reasonai�le atiornev 's fi•i�s. axs� chen to the ,�u�ns
<br /> s�ecured }yy this �.t�rtgage: Lender and 2he meeiter shxll he: Iiahie to accout�t aml}• ior t}iose renz -s aci �a?1}> recei�•ed .
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