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<br /> not extend or � ,ostpone [he due date oi tlu• inontlilc iu,u� llnier�l� red.:rred io in pai-a�;raphs 1 aud 2 hereof or
<br /> change the amount ot such installme�ts.
<br /> 30. Borrower Not Releas�d. �xtension of the t ime fm• � >arment m inodification u1 s�nortization of tl�e sums
<br /> secured by this ?�1orLgage granied by I,ender to any successor in interest of Borrower shall not operate to relesse ,
<br /> in aay manner, the liability o! t6e original Borro��•er and Borro�� cr 'n suc. cessor� in interest. I,ender shall not be
<br /> ret�uirec) to eommence proceedings sgainst suc6 successor or re[use lo exund time for payment or otherwise modify
<br /> � amortization of the sume secured by tl�is �lortgage I ,�• reason of auy demand made by the originsl Aorrower and
<br /> Borroaer's cuccessore in interest.
<br /> Ii. Fosba�aoeo by I.�ader Not a Waiv�r. Any forbearance by Lender in exercieing any right or remedy
<br /> hereunder, or otherwise slforded by applicable la�c , sl�all not he a ���aiver of or preclude the exereise of any right
<br /> or remedy hereunder. The procurement of insurance or the � �syiuent of taxes or other liens or chsrges by Lender
<br /> sbai! not. be s waiver of Lender'e right to accelerate the maturity of the indebtedness secured b� thie Aiortgage.
<br /> 12. R�m�dies Cumulative. All remedies provided in tliis \Sortgage are distinct and cumulstive to any other
<br /> � right or remedy under this �lortgage or afforded h�• le��• or rquic �• , and �nay br exercised concurrently , independ-
<br /> � entiy or succeasively.
<br /> ,� 13. 3uee��ors and Asaigas Bound: Joiat �d Several Liability; Captioaa. The co��enante and agreementa
<br /> _� herein contained shsli bind , and the rights Lereunder shall inure to. thc respectivc successors and assigns of I.ender
<br /> � and $orrower, subject to the pro�•isions of parag�;ipl � 17 6ereuf. All co��enani� aud agreements of Borrower shall
<br /> � be joint and several . The captions and headingt of tl , e paragrs � �h� o( thi� V ort �a�e :ire for con��enience oniy and
<br /> an not to be used to interprel or define tl�� provi� �on. hereoi .
<br /> _ , U. Notiu. Any noticc [o Borrower pro� ided for in thi� \ lurtgage �hull I �e gi �•en by �nailing auch notice bt•
<br /> ` certified mail addressed to Bon•on'er at tl �e Yro��erty- Addres� stiited bclo�� , cace�it for an�� notice reyuired under
<br /> paragraph 18 hereof to be given to Borro�cer iu tlie manner ��rescribed b}� a� iplicxble la��• . Any notice provided
<br /> for in thif �fortgage shall he deemed to lia� c been Ki�•en tu Borro�cer n hen �i � en in chr� manurr designated herein .
<br /> • 1S. Uniiorna Mortgage; Governing Law: Severebility. 'I'hi� form of niortgage combines uniform covenants
<br /> for national use and non -uniform covenants �vibli limited variatianE l»• jurisdiet.ion to constitute a uniform ceeu-
<br /> rity instrument covering real }>roperty. This �Im•tgage shall bc governed b,y the law of the jurisdiction in which
<br /> the Property is locsted . In the event that any provision or clause of this Mor6gage or thr Note conflicte with
<br /> npplicable law, such conflict ehall not aFfect other provisionc of this \lortgage or the Note which can be given
<br /> eSect without the conflicting pro��ision , and to this end the pro��isions of the \iortgage and the Note are declared
<br /> to be eevenble.
<br /> li. Borrowfr'c Copy. Borrow•er shall be furnisl �ed a conformed eopy of this 1lorigaKe at the time o[ eYecu-
<br /> tion os after recordatior. l�ereo[ .
<br /> 39. Zraasfer of the Prop�rty: Assumptioa. lf all or any part of the Property or an interest t.herein is sold
<br /> ortransferred by Borrower without Lender's prior u�ritten consent , excluding ( al the creation of a lien or encum-
<br /> brtnce eubordinate to this AZortgage, ( b ) the creation of a }�urchase iuo�ie�• security interest for househo)d appli-
<br /> ances, (c ) a transfer by devise, descent a• Ly o�?eration of la�� upon the death uf s joint tenant or (d ) the grsnt of
<br /> any leasehold interest of three years or less not containing an option to r�urchase , Lender ma}• , st Lender's option,
<br /> declare all the sums secured by this '.14ortgage to be iminediateh• due and paynble. lxnder shall l�ave �raived such
<br /> option to accelerate if, prior to tl�e sale oi• transfer, Lender si�d the person to whom the Property is to be eold ot
<br /> transferred reach agreement in wriiing that ti�e credit of such ��erson is satistactory to Lender and that the intereet
<br /> y,oyable on the sums secured by this D4ortgage shall �e at sucl� rate as I,ender shall request. If Lender has waived
<br /> the option to accelerate provided in this paragraph 17 sud if Borrower's succeesor in interest has exucuted a �vrit-
<br /> ten a�eumption agreement accepted in writing b}• Lender, Lender shall rrlease Borrower from all obligations under
<br /> thu Mortgage and the Note.
<br /> If l.ender eYercises sucl� option to aceelerate , Lender shall �nail Borrower notice of accelerstion in accordsace
<br /> wiW parsgraph 14 hereof. Such notice shall pro�•ide a period of not less than 30 days irom the datz the notice ic
<br /> msiled within which Borrower may pay the sums declared due If Borrow�er fails to � �ay such sums prior to the
<br /> ezpiration of euch period, Lender may , ��� ithout furt6er notice m• demand on Borrower , invoke an� remedies per-
<br /> mitted by•paragrsph 18 hereof.
<br /> Nox-UxiFo� M GOVENA2� Tfi. BOl'1'U�\'P1' NIl(� LPI1CjB]' Ylll'(.LPI' CO\'BI]i111L and agree as f'olla�rs :
<br /> IY. Aee�l�ration: Romediee. Exernt as pro��i� led in � iuragr:i� �li 17 hereof , u � �on Iiorrower 's brexct� of an�•
<br /> covenant os agreement of Bon•ower in tliis \1ort �;aKc . ineluding tLc covenants to � ,ay .vl�en duc an�� sums wcured
<br /> by this �tortgage, Lender ��rior fo �eceleratiun sl � ali iu:ul uoticc to Borro�rcv a� � � ro� �c1i�d in ��aragra��li 14 liereof
<br /> speeifying : ( 1 ) the breaeli ; (21 the aetion reyuired to cwc• ;ucli breach ; 131 x �1ate . not les� tt �an ttrirt }• days
<br /> from the date thc notice is n�siled to 13orro�� cr, I ��• �cLicli �ucli In�cnrli � uust be curcd ; and � 41 th�t tailurc to cure
<br /> much breach on or before tl �e da�e specified in Uie noticr nix �• result m acceleration of [he suin� se¢ured by thie
<br /> Mortgage and sale ot the Property . 1f the breach is nut curr�i oi: or brfore tl�c datr sprcifi�•d in thr nutice , Lender
<br /> st I,ender's option may declarc all of the sam. secured hy this \Sortgagc to be imu �ediately due and �isyable
<br /> without further detnand and may foreclose tl�is �lortgage by� � udiciul �vuceeding. Lender s6x11 I�e entitled to collect
<br /> in such nroceeding all ezpenses of foreclosure, inclu� ling, but not 1liuited to , cost� of docuiuentar�• e�•idence ,
<br /> sbstrscts snd �itle reports.
<br /> 1!. Sorror��r's Riqlft !o R�iastat�. !�otwitl�etsnd�ng Lenders acceleration of the sumt secured by this
<br /> Moti,6age, Borro+ver shall have the right to ha�•e am proceeciings fiegun by ],euder t.o enforcc this \furtgsge die-
<br /> eoetinued at any time prior to entry of a judgment enforcing thi, �fortgage if : (al Borrouer rsays Lender sll
<br /> suteu w�hfch would be then due under this �longagc, thc !�'ote and note� securing Futurc Ad�•ancet , if any , had no
<br /> •ecdention occurred ; ( b) Borrower cureF all brearhes of an�• other co�•c�ants or aRreements of Borrower con-
<br /> fsioad in this Nle►rtgage ; (c ) Borrower pays all rrasonablc ea:��ense� incurrecl b�• ],ender in cnforcing the covenants
<br /> aed asreements of Borrower contained in this �1orl�age and in enforcinR l.ender's remedies as provided in para-
<br /> �rt�A 1t hereot, including, but not limited to, reac•onable attorne}� '� feet : and idl Aorrowcr takee euch action as
<br /> Ieades may reasonably require to aewrc that the lien of this \lortgage , Lender's interest in the Property xnd
<br /> Sa�er's obli�staan to pay the sums sewwred by this \�orlgage shall continue unimpsired. Upon euch payment �y
<br /> �nd wro by Bau�e�o�rer, Ehis Moetga6e and the obligations secured hereb�� sl�sll remain in full force snd effeet as if ' ��. �
<br /> no seeelesstion hsd oceurred. 1�" `
<br /> r !0. A� eE R�ela: Ap,�oiwtawnt aI R�e�iv�r; I,�ad�r ia posee�ioa. As additiona! secunty here-
<br /> � uader, BAts+o�vee' lfe�+eby ax�fe W I.eader the rcnts of the Property, provideci that Borrrncer ehall , prior to acceler-
<br /> ati�m uedes p�ra;taph 18 btreof or sba�donment of the Pro�xrty , ha��c the right to collect and retain such rents
<br /> �s tt+ey betome due snd payable. �. �
<br /> Upen aee�eleratiori �mder T+ara=ra�h l8 hereof or ahandonment of the YroPerty , ],ende� , in �.er=or. , b�• agent
<br /> at byr jud�eially �ppointed reoeiver ahall !�e entiLled to enter upon , take �wsfer.�ion of and mana�e lhe Property '
<br /> and to eelket tire renfis of the Property, inciuding those past due. A11 rent� eollected hy I,ender or the recei�•er
<br /> ah�l1 be appliad 5�st to payaoent of the oosfs of �nanar[ement of tl�e Propertp s�d collectiun of rents , includinQ, hut
<br /> so6 llitnit�d to, reeeivlr'e tees, premiunfs on rcceiver't� iwndf and masonable attorncy 's feee . and then to the s�m�
<br /> �eeu�ad by this Moltgase. Lend�er atxi tiu receiver eh+►11 t>e liabie to account only for those rents artuall�� recei ��ed . �
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