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<br /> � � .� :.�r�.
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<br /> not Extend or �wstpone U�e due �Sute os tl�G rnonf6lv er�.,c :� ! lmr-rirf r�• icrreri tu i �i � �:�ri��ra{�i�* 1 ur�d 2 t�ereoi c�r
<br /> chunge the amaunk of sueh inetailine�tx.
<br /> 10. Ba�sowerPiot R�leassd. E�ctensina of thc � in�c for pavnient or m<xlitic:sLian oi smartizution of the e�ume
<br /> secured by this Mort�ige grunted isy I.ender to any ,�iarcer�;or irr inci>re,c oi Borr�nwer ehull nrst oprrute to relrase,
<br /> in any mantzer, the lis.bility of the originnl F3orrower anct Borro«•re 'n s�xece,sara iu intereflt. 7..ender skira.11 not be
<br /> �; reqaired to eommence g�roceeciingn against sucl� succeaKor or re(tkse trs extend time for pnymcnt or �therwi�e modify
<br /> umortization qf the sunis secared bv this .11ortgage Iry reason of am� demund mssde by the originn! Borrower and
<br /> u
<br /> ; Csj Borrocver's auccessora in interest. `
<br /> LfJ 31. Fosbecraitce �y Leader N+ot a Waivmr. Any forbenrancc by Gender in exereising any right or remedy
<br /> ' CJ7 hereunder, or otherwise a.fforded by npplicnble Fa�v, shall not be n wai�+er of ar preclude the exerciae of any right
<br /> F C1j or remedy F�ereunder. 3"he procurement of insurance or the payrvent af tuxes or ather liens or nharges by Leuder
<br /> ` , ; p shal[ not ue a 'waiveYo�f Lender's right to acceieratc the maturit,y of tlie indebtedness securec2 by this Mortgage.
<br /> + a � S2. Re3nedies Cumulative. Ail remedies �rovided 'zn t.itia 1lortgn.ge are distinct and cumr�lative to an,y other
<br /> " � right `or remedy cander tlsis \iortgage oc affordeti b,y 1�«• or equicv, anci mup bc exereised concurrenily, independ-
<br /> � ently'or succesaively. '
<br /> , i � I3. Succeesors and Asaigns Bound; joiat and Several Liability: Captions. The coven�.nts and a�reementa
<br /> � herein contsined she�il bind, and the rights hereunder sf�ttl ! inure to, tlse respectivc �ucaessore nn.d assigns of Lendeg -
<br /> , - and Borroccer„subjecb rtn the provisions of ��arsgraph 1 i liereof. All covenants an�cl agreements' o[ Bormwer shall
<br /> + be joint nnd severul. Ti�e captions and headings of Lhe paragra�7hs of t3iis \iortgage are for convrnience only and
<br /> y � ' ure not to be used to interpret or deCine the provisions hereaF.
<br /> � ' S 14. Idotice: Any notice to $orrowcr pra��idect for in tEns \lortgti�e shall I�c �iven Uy� mni]ing auch notice by "
<br /> t ;
<br /> � , eertified ix�ai! uddressed to Borrow•er at tiie Yroperty Addc�ess n[ated beloy, except for �ny natice required under
<br /> r ` ; paragraph �8 'hereof ta be given to Boirower in tLc manrxer prescrihed by ��7rplieak�le law. Ai, ny notice . provided . ,
<br /> �� � ! for in this :Vlortgage shall be deen�ect to liaw�e been given tp Borrower ��-lieri given in tlie inanner deaignated herein. '
<br /> � f 13. ITai#osm Moztgage; Govemiag Law: 3everability_ This form of ntortgage cocnbines uniform covenants ' � . ' '
<br /> ; ` foxnationa� use and non-uniform covenants ivitli limited �-ariutions b� jurisdiction to conatitute' a nniform seou-
<br /> ? rity instrument covering real property: 'Phis \ Iortgage shu21 I�e governed by the law of the jurisi�iction in ` which
<br /> ` ' � the Eroperty .is lqeated. In tlie event tliat iLny i�rovision or elause oi tI�is Vlortgage or the �Iote conflicts with '
<br /> �� A npplicable It�w; such conHict shall not affect ottier provisions of this Ztortgage, or the Note which can be given
<br /> , ; effect withoaat the conflscting provision , snd to this end the provisions of Lhe Zlortgage and the Note are declared
<br /> * to be severa�le.:
<br /> � ' 16. Boaower's Copy. Borrower sl�all be furnished a coniormed co�iy o! this i�Iortgage at the time of execu-
<br /> Y � , } ' tion or after recordation liereof. z
<br /> 17. Tzaa�sfer of the Property; Assumption. If ali or any part oi the Property or an interest therein is sold
<br /> ' or transferred by $orrawer �vithout Lender's prior written consent, excluding { a ) tlie 'creation of a lien or encum- �
<br /> brance subaadinute to ihis \lortgage, �b) the creation of u j�vrch� se money securiiy interest' for Lousehoid appli-
<br /> i ' ances„ (e) a transfex by devise, descent orby operation oi lra��• ,upon tfie death of a 3oint tenant or (d) : the, grant:'of �
<br /> any leaseho�d inteiest of three yeaTs or less not contnining ai� opiion to purch.�se, Lender mny, at I,ender's option, ='� -
<br /> ; , declare atl ��e<sums secured by this 14or'cgage to lie innnediately due :�nd E�mysble. Lender shall hnve waived such " '
<br /> " option to a.ccelerate if, �.irior to tlie sale or transfer, Lender unii the person to whorn the Property is to be sold or " "
<br /> � � � transferred reaclr agreernent in wriiing tl�at, tlie credit of sueh person is sxtisfactory to Lender az�d that ihe interest ■
<br /> ,
<br /> , , s payable on i,he sums secured by this 14ortgage shaitl be at s+.�c�� rste ws T,.endei• slissi3 request. if I.ender has wnived ;
<br />�, . � ; the optiinn to accelerate provi3ed in Ghis paragrapl� 17 and ii l3orrower'� succeesor �r. inte�wst lias executed s writ-
<br /> � ten assumption ngreernent uccepted in;wi•iting Uy i.en�iei; I�ender shwll. :roleese Br�rr�wer irom aIl o�ligations under r " .
<br /> , -� thie Mortgage and the 1�Tote. ,
<br /> ry i If Lender exercisesrsucli option to accelerate, Lender shall ruuil Borrower notice of acceleratiott in accordsnce ` '
<br /> � � � ' �vitl� paragrsph 14 heTevt. Sucli ciotice sl�all pzovide a period of t�ut les, tl�an 30 days from titte dnte the notice is
<br /> ' -� ' mailed within svhich Borrower may p�y the surus declared due. If Iiorrower fsils to psy Sucta sunzs prior to the '
<br /> ., expiration oi such period; Lender inay, without further notice or riem� nd on $'orro�rer, invoke any remedies per- '
<br /> > �, initteci :oy paragraph;l� hereof: " , . ' ' ' ''
<br /> a` , :
<br /> ' �Tox-I>xii�oxM (Gov�.raxTs. 73orro�ver and Lender fui•tl�er covenant <�ncl ag•ree szs i'ollotr-s :
<br /> d - I8. Acceleratioar :�iemedies. 1�xcept sss prociclecl in ��aitLgrapl� 17 ` Ircreof, u�ion Borrower's lx•each �f �tiiy ; '; �
<br /> F coveriant or agreement +of Bbrrower in this _llort�a�;c; including tl�c covenunts to pay when due an� sums secured
<br /> by this hlortgage, :Lender prior to accele��ation �l�fill mait aotice to Rorro�ver ;:s ps�ovidc<t ii1 I>aragraph 14 licreof
<br /> apeeify*ing: ( 1 )> tl�e brench ; ('?j tlze nction rc�3uired to c� ire suel� bres�ch ; i31 a d�xtc, not less than thirty ;days
<br /> � front the datethe noticc: is mailed to 13orron�ei•, hy �c6ich sucli b�•i�uc6 �iiust be curc-d ; and (4) tha� failurc tocure
<br /> � such bi•each , on or before the ,date specified irr tI3e notice �i�ixy result irx acceleration of the suins secuTed �y ik�is
<br /> 'l7ortgnge, and sale of tt�e Propert,y. If tlic brese2: is net cure:i on or t;efoia U�c daie specified in ti�e notiice, Lender
<br /> at I.ender's optionaiiay- declare nli of tl�e sums secured �3• this �lortgage to 6e immediately due anci payal�le .
<br /> withaut turt,�er.demanci.anti inay foreclose tl�is llortgngc by judirial ��roceeding. Lender shall` be entitled ta collect
<br /> :�� - in such proeeeding a11 eapenses of foreclosurc . incluQing , but not li �uited to , costs of documeiitary evidence. `
<br /> " abstracts"and title repor2s.
<br /> � 19. Bo�owaze Right to 'Eeinstaie. Nottii-itl�standin� Lender's seceleration of the ��nxzs secured Uy this
<br /> ' ' " Mo;tgage, Borrower shall have `the raght to h�:ve nn,y ��roceedings 1>egun by 7;ender fo enfarce zh'xs :34ortgage dis- ,
<br /> �' continaed at`any time' prior to entry of' a judgment enfoTcing kliis \lortgage if : (x ) Borro�cer pavs Lender '�11
<br /> sums which-z+vould be then due under this \Iort.ga�e, tlic ?vote anci notes securing Fnturc Advunces, if any; hsd no '
<br /> scceleration -occurred : it�7 Barrower cures ull brr;aclies oi �uy otlier cuvenaa�ts oi• u�r�et»ent� of Barrower con-
<br /> tained in this'Mortgage ; (c1 ��rro�ver F�nyc ,la� re��onnble exl�ense� incurmd }i� T,enderin cnforcing the cevenzints
<br />�. ' and sgreements'of Borrower contained in this �1-tartga�;e and in enforein�; Lencic�r'� remedie� as provided izi ��ara-
<br /> graph i8 hereof, includi�g, but not limited to, re� sonuble art�rne��'s fee� ; nnti � d 1 ' I3orrower talces auch aetion as
<br />� l.ender may reasnnsbly require to nssure that t�c ;ien i�f ih�s �iortguge , Len�ler'� intcrest in thr. 1'roperty ;inci
<br /> - Borro^wer's obligation to pay the sums secured t�z thi� �'Iorr�;a;e sli�il R�ontinu<a unimpaired: IT}�on such payment
<br />�i � and cure hy �ortower, t�is Mortgage and the obl"s�ations :ecured hereb}- n{�all remaiia in full farce and effect ns if �m�, � + � , '�,, '
<br /> no seceleration had oec�red. .�; X � '
<br />�, � 20. Assagameat of ; Reata; Appointment �of Receivers 3.ender in Possession. �s sddiCioaiai security here- ",` " "
<br />�;�, [ ` ander, Bornrsver hereby �ssigns to Leaader the rents of the Properry, pro�-ideci that BorroH•er shatl ; Prior f.a scceler- , ;: �
<br /> �,,,,,, ation under paregraph T� hereof or absndonmenfi of the f'ropert3, hare tlzc right z.o collect anc3 retain such rents M . ��� .
<br /> as the3�, becor�e due ar.d paya6le. ;' '�
<br />�; Ugon aceei�ratiau , sandex p3ragra� .18 herec�i ar at�ar.c:ontncnt of uLca Yro}iertz�, Len3er, iz., perean, b.� ag4nt ,"3:��
<br /> r . �r b}` judici�li�' uppoiuted receiti�ez s���l hc cntiticd ta' ca,tcs upau , ta1:� f�ossc.sio:� oi and r.zanage thc Yroperty !„�,,,. '";,
<br /> , ,.,
<br /> c, ` and tc� yeolle� the rents oi the Property; including xhose ;pa�t. due.. ,a }I arnt: colleciod hy T,encler or tkie receiver ' ��_�
<br /> f .; shall ;be appi�tid first to payment of the coste of u3snagemenc of tl�e Property ancl collecCion of reT�i.s, including, I�ut
<br />��. - . not limif,eci tsa, receiver's feeti, {areiniums oTa rco,eiver'e i>on�3s and rea�nnable xttornev'�; f��v� , xncd the� t:o r,he swns
<br /> seeurod by thie Mortgage. i.ender snd the receiver shail br li�bie tcraceounf oni�� fnr tl�ose rent = actuslh� receiri�3.
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