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<br /> not extend or �wst.pone the dae dste ol' thc inonthly inatxllwent. referred to iu parsgraphs 1 and '2 hereof or
<br /> ohenge the swount of sueli installfuents.
<br /> 30. 8o�+ra�wrr I�Ot �tsw+�d. Exteneion of the tiine for pa,ytuent m• modification of rscnortization of the eupos
<br /> aecund by thia Moetgp.ge granted k�y Ixnder to any �uccessor in incerest of Borrower shall not qperate to retease,
<br /> M aa apy u�as, the 1iat�ility oi CLe origina! 13orrowei• •a�iil Borrou�er'e e�uccesaors in interest. I.ender shsil not be
<br /> � e+equired to oommenee �3roceediuga sQunst such succeseor or reiuse to extcad timc for payment or oLherwire modify
<br /> � � atnorti�tstioma uf the sums eecured by tliia \Iortgage I�y reason oi any demaud maule by the originat Barrower �and
<br /> � Sose+avaN� auoeeeorr iu interest.
<br /> � 31. Fosb�a� by I�ad�r No� a Wqf.�. Any forbearanee by T,ender i� exercieing any right or remedy
<br /> � = 6eseunder, or otlurwiee aHorded by applicable Iaw , ahall not be a waiver of or preclude the exercire oi any ti�6L
<br /> ; oe tetaedy hereunder. The procuremeut o[ inaurance or tite payment of taxes or other liene or chargea by Lender
<br /> � �4a11 not be a waiver of Lender'e right to accelerate the �nuturity of the indebtedness• eecured by this Mortgage.
<br /> � Y"j. �s Cumulatir�. All rernedies provided in tl�is \tortgagc are diatinet and cumulative to any ot6er
<br /> rl;hL or s+eroedy uadsr this 1lortguge or ufforded hy laz�• or equicy , and uiay lic exercieed concurrently , independ-
<br /> enWy or rucoeeeively .
<br /> 13. Stttowon mtd J�aai� Boued: Ioiat aad S�vszal Liability; Captioe�. 'Che co��enonts and agreeroente
<br /> heteis� containod ehall bir�d , und tlie rights Lereunder �hall inure to , thc respective successora 3nd asoignc of I,ander
<br /> +aud Borrower, subject to the provir;ions of pssragn�pli 17 hereof. All co�•enant� und ugreewet�ln of Borrower shall
<br /> be joint and eseverul . The captionn and Leudings o( thr. � iaragra� �hs of this \ lort�agc arc for convenience only snd
<br /> are not to be used to iatrrpret or defiue tLe � �rovision� liereol'.
<br /> 1{. Notie�. Any rtoticu to Borrowrr pro� icied lor in thi.� \lurtgage el�xll be �i��en by mailing auch nutiee by
<br /> certified mail addre�;sed to Burro�rer ut t6c Yrojiertp Ad�ire„ �tnted bclow , excejx for any notice required under
<br /> psragraph 18 liereof to be gi�•rn lo Borro�cc�r in thc manuer � arbcriber! b�• :t��pl �c�iblc law�. Any ttotice provided
<br /> for ia this �lortgage Nl�all he dee�ued to hu�-c been Ki��rn to HOPfON'l'1' N'I1Pn gi�•en �n the inanner designated hereia
<br /> 15. �Jnife�m Mortgags; Gowraing Law; Sev�rability. 'Chi� form uf mortqage coinbines uniform coveneate
<br /> for national use and non-uniforn� covenantn �vitli limited �•ariations by� jurisdiction to conatitute a uniform reou-
<br /> rity iartsument eovering rn�! property. Thi�, \lortgage shsll be governed by the Iaw of the jurisdiction in which
<br /> ttie Property is located . In the event that auy pro��ision m• clsusu oi tliis \lortgage or the Note conflicte with
<br /> appliesble law, such coa8ict nhall not uffect otl�er pro��isions of this \lortgage or t.he Note whioh can be ¢iven
<br /> eQeot w�ithout the canflicting E�rovision , :ind to this end the ��ro�•isions of the \fortgage and the Note are deolared
<br /> to be Nvarab�e.
<br /> lt. loe�e�r�t's Copy. Borrower shalt be iurnislied a conformed copy of this :llortgage at the ticne of exxu-
<br /> tioa or atf�ar reoorristion hereof.
<br /> ` 17. l�mi� oE tlu prep�sty; Aaswaptioa, If all or sny part of the Property or au interest therein i� wld
<br /> or tranafersed by Barrower without Lender'� prior written cone�ent , exeluding Ia ) the creation ot a lien or encttnu-
<br /> brnuoe subordinate to this �Sortgage , lb ) tlic creatiun of a ��urchase inoney security interest for houaelwld appli-
<br /> aaoet, (c ) a transfer by devise, descent oi• hy operation uf la�c upun the death ot a joint te.nant or (d ) the grsnt of
<br /> any l�a�elsold interest of three years a• less not containing un optiun to purchase, Lender inuy , at. Leader'e oQtion, "
<br /> deelare dt the eums seoured by thia Mortgage to be iiu�nediately �iue :tnd payable . Lender ehal! have waived rt�ah
<br /> opt�ioA to accelerate if, prior to tiie Eutle or tranafer, Lender nncl tLe ��ertzon to whom the Piwperty ie to be rold or
<br /> trsnrfsrred s�salt agreement ia writing tliat tlie credit of suc6 � �erson is ezatisfuctory to Lender and tllst the interest
<br /> • psyablecm the sums sec.nred by this �fortgage shall lie at sucL rate us I,rnder ehall request. If I.ender has waived ,
<br /> the option to accelerate provided in this paragrap4 17 and if Borrower ',: sucressor in interest has e:ecuted a writ-
<br /> tea arsunaption ssteement aceepted in writing by Lender, I,rnder shall release Borrower fron� all obligatione uAder
<br /> t1:w Mott�e sad the Note.
<br /> If Leadet dcerciser sucli option to accelerate, I.ender shall �nail Borrower notice of acceleration in accoddanae
<br /> ; witb pera�raph 14 hereof. Such nuticc mhall pmvide a r�erioci oi not tess than 30 day� from thr date the notioe ia
<br /> u�aiied wiLhia which Borrower may ��ay the nuni� dectared Juc. Ii t3orrower fail� tu ��ay nucL sunie prior to the
<br /> espit'aEion of rue6 period, Lender may , ���iti�out furtLer notie�• or �ienuand ou B'orrow•er, invoke any remedjes per_
<br /> mitted by paet,�raph 18 hereof. •
<br /> I�'oar-Uartroaat Cc>vtsxexTs. Borcower and Lender furtl�i•r co��euant 3n1 ag•ree aa follows :
<br /> 11. �eiNaw: �rdi�a. Exeept us proeide� i in � �uraKru��li 17 liereof , upun $orrower's breach of sny
<br /> ooven�nt or agnee:s�ent of Borrower in thi�; �lort �;nge, in�• Iwiing tlic covrnantn to � �ay wlicn Auc ssny sume xecured
<br /> by this �iortgage, I.endcr ��rior to accelerat �on .h�ll w:iil notice tu 13orroa�er ar � �rovidi�i in paragrapl� 14 hereuf
<br /> epecityin� : ( 1 ) the brnrch ; � 21 the iiction requiird to �ure sucl� breurL; 13) y daA�• , not lces than thirty day+s
<br /> from the dste the notice is u�ailecl to I3orro�cer . I .�� �� hi�h �ix•I � brcr:+eL � uust be e�u•<vl ; and 14 � that failurc to cure
<br /> sueh breseh on or before tlie date specified iu the notire u�ay result in acceleration of the swus securnci by tfiie
<br /> Ibiorte�e �nd owle of thc Pro�ierty . If tl�e brencl� ie not cured on ur beforc the datr epecitirci in the notice, Let►der
<br /> �t I.onder'r uptian uuy declam all uf the awu� secureci by tl�i� vlortRage to l�e iminediatel,y due �►nd {�ayalile
<br /> witd�out futther demsnd snd tnay forectosr thie �lortga�,n b�• � udirissl proceedinq. Lender shail !�e entitic�i to collecC
<br /> in eueh �rooeeding all expenses of foreclosure , inelu� linK , but nut limitcvl to , coaC,� of docwuentary evidence,
<br /> a6rtrretr aad title reportb.
<br /> t�. M�Nwr"s � b �ie�af�, l�otwithstanding I.ender'e acceleration ot the xwns seeumd by thie
<br /> lteetp�s, Beet�o�wer shali h�ve the riight to hsve aay rroceedinge hegun by l.endcr ro entorce thir �iort�age die-
<br /> as�asusd � �ey ti�e prior to eetrr ot a judgment enfcqring this �fortgage if : iel Borrow•er F�ays L.ender all
<br /> sum w{�iefi �►ould be Llua due wader thu 1SortKu,gr, tlK Note uu�l notee efecunng Futum Advawce�, if any, tud uo
<br /> seee{etstbn oeeun�e�! � (trl Aarrc+w�er rure+ flll hreA<•h�. ��f sm• other �o.•i•:�ants u- agrc•en�cnts o; Burrou�cr con-
<br /> his�d ie t� �tett{a�e ; (c ) Bono�ver pays sll rea�nable rx��enrtes incurcevi h}� LendPr in enforeing the covenant�
<br /> ° � � �ee�e�b et 8eerow'ee cmttained in thes '.biortqa�e and iu enforcing I,crxier'. remedies �c provided in para-
<br /> r ` � 1lherest, iutl�adis�, but not timited to, rnswonable attorne�• '� feea : ssnd � d1 Aurrower takes aucli action aa
<br /> ? I;/��It en�J �oa�6iy requit�e to rrwre that. the lien of thi� \tortgaye, I,rrnier'E intereet is� the Property aad
<br /> , � �L � a P�7' � � �d by thie �fort�age �hall continue urimpsireci. Ulwn Ruch i�symeot
<br /> �' � � L'! ��. � � sad tbe abiigstioos se�usrd herebs• slisll reauin in full forec anci e!t'ect aa if » s� t
<br /> ' � a� � L�d oaeuesed. � �� `
<br /> � �rt �f ar11�t A�� d �e�i�ars ieed�s ia rowrriae. As sdditionsl aecurity here- ti,
<br /> rv
<br /> . � M+�G �!'"� a�ipisl� Lr�dertbe n�ati uf the Pno�rty . ��rovided that Sorrowrer shall. Prior to seoeler- , U, ,
<br /> " � fii�it�ll�ei�ap� 1i brR'rai or � of the Pra�xrty, huve the ri=ht to coilcet sad retain st�ch nedts :,.
<br /> ao � be�e+eime dee aed �agsbJa. ,.;.. a
<br /> , L�?e�s � traQer � 18 bereaf ar �L oi tl� Yr.+�rty . I.et�lar, ui ��eraun, Ly agenc � � �
<br /> ; +Ie i�r j�" �RO�irbrii teaMirer � 6e e�t#kied tu aste#� up�a. take �x�seeesion of arrd ntans�e the Propeety .
<br /> iAi i0 ei�ME �1e t�ll�M s[ t6e P4eyMle�, iqelndiw� tho�e )�rt due. All rents colleeted by Ixnder or the i+eceiver
<br /> i
<br /> �� � � � M M� � � �f+ ef �+�mrn�l, e/ fhe� Prrrjwrry Rnd ri+llMfir+n of rnnt� . inrivding, hvt
<br /> � %IsiiM !r, tre�irary feet� �ee� ttu Aeaeivbr'e t+eadr aad rea�oasble xtWrnty'a feee . and then to the auma�
<br /> �� �7` � �- 1.eeder aed EAe reeei'ver ehali be liable to artount anly for those rents actuslly rPceived . �
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