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<br /> not exteud or ��oatpone tl�e due date oi tt�c inontLl� inriall��icnt � referred to iu {�aragrapli� 1' and 'l hereof or
<br /> ohsoge the an�oeant of such installme�ts.
<br /> 10. 1es+Or►�r Net A�bmkd. Exten�iou of tibe tiizie for � iayn�ent or uiodificatiun of sinortization of the aume
<br /> aeeured bp this Most�ag�e granted by I..ender to any curcessor i�j iiitcrect of Borrower el�all not operate to releaae,
<br /> in apy manoer, the liabi�ity of tl� origival Borroa•ei• uiid I3urrowe:• '�+ successore; in iuterest. I.ender shall aot b+e
<br /> requjned bp oo,mmenoe pe+oeeediugs agsinst sucli succeeaor ar rrfuee to ext�emi tipie for psyment or otherwise modify
<br /> � amorEisntion of the sutus eectued by Wiis \fortgnge I,y ��asou ut any demand �uude by the orirginal Ba'rower at�d
<br /> � � $ostawes's sttooe�eare in iatcteet.
<br /> �' � 11. Ferb�aemcw b! L�nd�s Dlot a M�aivsr• Auy forbearance by Leuder in exercising any right or remady
<br /> � hereunder, or otherwi�e afforded by applioable Isw , shell not he a w•aiver of or preclude the exercioe oi sny ri�ht
<br /> ie
<br /> �y oz remedy hereunder. The procurexuent of insurance or the payment �f taxes or other liene or charges by I.ender
<br /> � eba�l t�ot be w w�iver of Lender'e right to sceelerate the rnaturity of the indebtednese� eecured by this Moetesge.
<br /> � � 1�, H� Cys�ay�aAiw. All remedies provided in tl�ir \lortgage are �iistinct and cumulative to any othet
<br /> riehw or remedy under tl�ie \lortgage or u1'forcicai by la��� or c•yuic�� . and inay IH� exer<+ised eonrurrently , ::�depend-
<br /> � � entdy ot rucoewively.
<br /> 1� 1�. Sueewwea md J�i94a Doued: Toiat �d S�vard LiabilitY% CaPtions• The eocenanta snd agreemeats
<br /> I� heseia contsiaed ahsll bind , and the rights Lereunder rhall inure to, tltic res��ective successore and esri�c of I,ender
<br /> e
<br /> aod Borrower, subject to the provisione o1 paragru��li 17 l�ercwt. All covenunta and agrecir�ente of Borrow�er �rliall
<br /> be joint and seversl. The capiions und h��ading, o[ tiie I�nragra��hn of � hi� \lortgn�e ure for annvenience only and
<br /> are npt to be used to interpret or defiue the ��rovisiuns tiereoi.
<br /> ' 14. Notia. Any notice co Burrower ��ro�' id�Ki Iw• iu tl�i.= \lurtgngc �hall be gi � en I,y mailing cuch uotice by
<br /> certified �nail addrebsed to BorroH•er :sc tlu� Yrapert � Addre�� �tace�l hcloH� . .xcept for uny not.icc required under
<br /> parsgrapl� 18 hereof to t�c gi��r:u to Borrowv�r in t I �c ivanner � �rrscri6ed b�� x�i��lirablr law . Any notice provideci
<br /> for in thi� �fortgsge ahall be• deemed to hx�•c V�ci�n �;i�•en to 13urroaer W I ��•n �:i ��rn iu tlu• niannrr draiguated iierein.
<br /> 15, Qni�em MoetyQy�; Gov�rning Luw; Ssv�rability. "1'lii� form of uiortgage coinbinea unifonn covenante
<br /> for national use and non-uniforni covenants witl� limite�t �•ariations hy jurisdictimi to conetitute a unifosm seou-
<br /> rity iiutrument covering resl property. '1'Lis \lortgage shall Le governed by the law of the jurisdiction in whiefi
<br /> the Pe�oparty is located. In the event tLet any pro��ision m• clausc ol this �4ortgsge or t6e Note conflicts with
<br /> a�l'uable lsw, such conflict shall not affect otl�er �irocisiom of this \lortgage or the :�ote which can be �iven
<br /> effeat without tlte conflicting provision , und to t6i� end tl�e � >rovisions of the \lortgage end the Note sre decl�red
<br /> W be reverable. -
<br /> ]g �py�'� Cppy. Borrower sLall be iurniehed u conlm�nied copp of Lhis \Sortgage at tl�e time of ezecu-
<br /> tion or after reoordation hereof.
<br /> 1�, � �! f!� prep�ely; llosumption. If ull or any � �art of the Property or an intereet therein ir wid
<br /> ot traosferred by Borrower without Lender's prior writtrn cone�ent , ex<•luding Ial the creation of s lien or encum-
<br /> branae subordinate to this '_`lortgage, 1 61 thc creatiun of u ��urchus� iiioYiey �recurity interest for houoehold appli-
<br /> ances, (c ) a tranefer by devise, descent or bp o��rration uf la�c upoi� the death of a joint teaant or (dl the graat af
<br /> auy learehold intere�t of tlit�ee yeare or lecs not containiug :in c�ption to l �urchase , I.ender msy . st Lender'r aptim,
<br /> deelare al1 the sums secured by t.hie '.bfortgage to be i�r��iiediately due and payable. I.ender shall have waived rueh
<br /> aptjpp to accelerate if, prior to tlie axle or transfer , Lender sud t6e ��ercon to whom the Yro�erty is to be oold oe
<br /> trad(eered resell agreement in writing tl�at. tl�e credit u! nuch � �erson iw euitisfactory to Lender aud thst t!u intef+ast
<br /> , paygb{e on t6e sums secured by thu Mortgage dhall lie at �ucli rntt aa I.ender �hal! reyuest. If L.endet har �vuved
<br /> the option to roceletate provided in this paragrapli 17 and if Fiorrowee'b euccessor in intereczt liu� ezeeutai a w�rit-
<br /> ttsn awumptian aQree:nent a.ccepted in writing t,y l .ender, I,ender �tiall relea�e Borrowei• fran al! oblisations undet
<br /> ; thir 1ldoit�e aad the Note.
<br /> If I.ender exercisee aucl� option to uccelerate, I,ender shall � nail �iorrow�er iwtioe oS sucelention in soaadwee
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<br /> with para�raph 14 hereof. 5uch noticc ahall pm�•idr a ��eriod ai not lre� than :�0 3sys irosn the date the noGiae is
<br /> tnaiied within whicli Bortower iU�y pay the swn� declnred �iuc. li �3orrow•er fail, to ��ay awch sumo prior to the
<br /> expiration ot auch period, Lender may , «� ithout funlier notice or drmand oii l3orrower, invoke auy remie�iea per-
<br /> mitted by psrsgrrph 18 hereof. '
<br /> Nox-LTNiFORH �'UVENA2�T6. F;()t'1'OK'�' 1' tI11lI I ,endei• furtl��r ��o��et�atit xnd a�rr.c: an followe :
<br /> !�, AepLealiea; ��diN. Exce� �t nr � �ro�'ided in � .araF;ru� .h I i I �ercoi, u�wn Borrower'�: breaeh of aay
<br /> covenant or Agreelnent of Borrowei• in this J1m•t�;a{�c, ini•ludinq tlii• covenants tu pay w6eu duc any sunax secured
<br /> by thir \iortgage, Lendrr J �rior to ac•crlerution rhsll iu.iil nutice tu Borro��'er u� � �ro�•idrvi in paragrapli 14 liereof
<br /> speeifying : ( 1 ) the bresch ; 121 tl�e aic�tiun rcyuircd to ��ur�• �ucl� hrnac•h ; i3i u � iatc, not lene than thi�tiy dayr
<br /> inom the date the notice ie mailed to 13urro�cer, I �y �rl�ic�li �ucli bri�ui•L uivat lx� ��w•�•c1 ; nnd i4 � that failurn tu cure
<br /> such breaeh on or before tl�e date speci8cvi in the uotice may rreu►t in aceelrrntion of tl�e num� �ecuced by thie
<br /> ?�fortgage und ewle o[ the YruE�rrty . lf thr bra•ach i� nut currd on or beiore thc date apcc�fieri in t6r nc�tic�, I.ender
<br /> rt Ler►der'e optiofl nasy declam all of the Nu�ur �ecured I�y tlii�: Vtortgage to iie immc�diately dur und �uys►��e
<br /> witiwut further demand anai msy foreclose this 41c�HKug� by 1 udiria! proce�iing. Lcnd�r �liall Iw entitl��ci to collect
<br /> in such prooeeding all ezr�et�ro of foreclosurc , inclwliug, but uot liiuited to, costs of ci«•wuentary evidence,
<br /> abrtraet4 and title reporte.
<br /> N, �ee�e��ry �iyik te f�irlew. :�OtN'1fIleI811({ICI� l.ender'. ac�eleretion ui ttie sumt r+etumd by thi+�
<br /> M�oe!'p�t, Bort+nwer shall k�ave the ri�ht to ha�•e any ��roceeding� liegun by I.endcr to rnfoec�c cliie �lort�Ke dis-
<br /> oontinned it wy tiete priet to entry of s jucl�nent enfalrcink thie �[ortqage if : � x + Borroa�er paye I.ender sll
<br /> rums vhieh �votald 6e tttiea due undcr thi� �lort�aK�', t ��c �ote ami notes securing f' utum Ad�•xncee, if sny, had no
<br /> aree}eratio� orcwrrecl : ( fil Aorrower �ureK alt t�reuchE�� of f�ny other �o�•enants or uRmementF of Soirowtr cwn-
<br /> ts;ned in thu MorEpae ; (c ) Bore�o�ver pays al� resxonable ex��rnsee incurrrd b}• l .ender in �•nforeing thr covenaats
<br /> i�d a�p�elxpeats e( $p�a�wer containeel in this �for/gage sud in enics+•eing I.en�er',. resned,es as prov�ded in pars-
<br /> eesph 18 hereof. ine3udia`, but eert limked to. rea+sonxblr attornev '� fee,� . an�i � d � 13orrower talce+a euch actior+ ae
<br /> i I,eeA� s�� t�roe�bt� rs�qaire to aentre th�t tkre lien of tlair �lortgsge, lxnder'x intereezt in the !'rorsecty aod
<br /> ; HM�ew�e'� ebllpidss tw prly tt�e wmis ietuebd i�y tfiic+ �4ort�u�qe yhrll coatinue uniaapairecl . Upon wuch I�Y�*+�t ,
<br /> � e�p � $onwsr, Nf�a Mo�e t�ed the obla�sttoa� wxui�i l�r+eb�� clial! reuiain in ful! force arid efl'ect as if .`r-"' "
<br /> i As a�aei�raties f�d 000wrtad• .
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<br /> �. �,�Mt �E Ir1bt li�i�l�t �E ir�siwet LMirr ia lar�wiea. As rdditional riecurity hee+e-
<br /> a�du'. Soerw�e �w�b�r a�pu tw Issd� dr s�ent+s ef !ke !*eapertY . Pe'e;'ideA t�t Boe++owrer eia11 . prior to seeel�r- ,� , ,
<br /> 4 • � �. � � ieeeo[ or a1�3oe� � the Pref+erty, have the ri�i+t to collect s�d retain w�h roMr
<br /> � u as tbs7 Maao�e dm �nd psantbk. ; ��
<br /> (,�pp�i �oe'htatl4a a�de� ps�rs�h 18 i►ex+i+t � ai+w�l�++wnt o( thr Yro+�rit y . I.ra�der . iai ��rcwon . bv aReat , ,i„�
<br /> } eE �! 1M�! M�P� ele�l�ae �U b� e�ikied to e�f.rr upae. taioe r+osaeaRion of and manaRe the Pi�erty �' � , '�=�°
<br /> � 'p p�, t�e nwq ot t1�! p1rp�•, iselodir� t6ae }wt dve. A11 reate oollecF�d by I.euder or the receiver
<br /> �t y �ppljra fi�M, M pr�t�a�L p( ti� ep�y af �yeme�t of tlMe Property ancl ooltection of rents, inclnding, but
<br /> ark lisiMld +bo, eeeeirer"s f�es, p�i�n�s aw Neeeiaer's t�a�adK aed r�tro�ble ,►[wrney 'e teee . and then co tfie ecuins
<br /> �, � � � �[Olfa�l, I�Dp�Ef a� LII! f��M� BIIiII I!t Ib1bIP t� �fCbl{A�. 011IV for thoee rnnts actusllv received . �
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