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<br /> not extepd or poetpoae the due date of Ghe monthly ti18tRlllllt'IItE referred tu in }�aragraphs 1 �nd 'l hereof or
<br /> ohaage the a�saount of aueh instsllme�ts.
<br /> lp, gp�sqw�s K�ot �d. L�'utension of the time for ��n,vment or modifieation of amortization of the eumc
<br /> ��] (�. � p�pr�►�e grsnt,ad by I:ender to any suceeasor in interest of Borrower shall not nperate to release,
<br /> jn aqy Rn�u►at, Rifie liswility ot tlie original Borrower and Borrower's aucce�orE in iuterest. Ixnder sl�sil not be
<br /> req,yised tp �opiye proe,ee�dings A�pinet suel� euoceceor or refuse to extend time for payment or ot!►envise ux�dify
<br /> � amortisation ot the wuue saeured by tl�is \tartguge �iy reascu� o[ uny demsnd rnade by the originsl Borrower �od
<br /> Bossnr�'s sueoewwrs ia inte=raet.
<br /> 11, pas�ae�,y bY I,w4du I�kst s We�i,r�r. Any forbearance by Lender in e�cercisiag say right ar re�edy
<br /> � hereuuder, or otherwiee aHarded by spplicrble law, shall nut Ix u waiver of or preclude the exercire ot any ri�ht
<br /> � � or remedy hereunder. 'fhe procurement of ineurance or the E �ayn�ent of tazes or otUer liene or chargea by I.e»der
<br /> � ehal! no6 be s waiver oP I.ender's right to accelerate the �nacurity of tl�e indebtedneseti secured by thia Mortgage.
<br /> � lZ, H�a�di�s Cuq�yLsRi��. Al! remedies provided in ti�i� A1ort.gage arc distinet and cumulative to sny other
<br /> � right or remedy under khia �tortgxge or nffanieci by lii�� nr equity , and may be exereieed concurrentiy, independ-
<br /> � enWy or suooeseively.
<br /> 1�. Sue�a and A+r�+s Bouad: J�! � �veral Liability: Captiens. The covenHnts and agreemeats
<br /> � heroin contained ehall bind , and the rights hereunder �hall im�re m, the resliective successora und aaeigas oi Lender
<br /> � and Borrower, bubject to the pro�•isione of para�rtt� �li 17 hereof. Al ! oovenants und a�5rec►nents of Borrower shsll
<br /> �� be joint and seversl . The captiou, and headin�s o[ tLe puragr:i��h� of tl�i� \ 1ortKa�e SPC far cunvenienee only snd
<br /> sPe apt tp be used W interpret or ciefine t,he � �rovisiuu� I�ereof.
<br /> !4. Notie�. Any noticc to Borrower pro�•ided for in thi• \ lortgag�� rhall IK� qi�•en bv mailing nuch notiee by
<br /> certified �nail xddressed to Borrower r�t thc• Yro�iert �• Addrern state�i belo�c . exce��t ior au}� iiatice reyuireci under
<br /> par&graph 18 hereof to tx; given to Borroµ��r in tl �e uisuner � ire�cri6ed i,�� ap��licaLlc luN• . Any t�utice �irovided
<br /> for in thit� �lortgage ehall be deeu�ed to ha�•r been gi�•en tu 13urrow'er wl �en �;i �'en in the manner designuted herein .
<br /> 15, jiaifetm Mosfgay�; Gov�q Law: S�v�:ability. "I'hi� iuriu of iuortgaga cocnbines uniforin ooveiiante
<br /> for nstional use and non-uniform ouvenants with limite� l �•ariationE by jurisdiction to constitute a uniform oecu- d
<br /> rity instrument covering real property. 'i'his \lortgage shalt be governe�! by the law of the juriediction in which "
<br /> the prpperty ie (ocated. In tiie event that any provisia� or clauee of this _llortgage or tlie Note conflictr with �
<br /> ; spplioable law, such conEict shall not affect other � >rovision� of thi, \fortgage or the Note whicl� can be given
<br /> eSeet without the eonflicting provision, and to thi� end the In•ovisions of ihe �fortgage and the Note are declsred ,
<br /> W be eevenble.
<br /> lt, Derso�v�r's Cepy. Borrower shall t�e furnisl�ed a confor�ued copy uf thie \lortgage at the time of exeou-
<br /> ; tion or �fter recordation liereof.
<br /> 17. Tr� 01 fh� Psop�rtY% 1las++iePtien• If ali m• any ��urt of the Property or sii intereet therein is sold
<br /> or traaefernd by Borrower without Lender'� prior written consent , excluding la I the eiration of a lien or eaoum-
<br /> ; branoe subordinate to thia Mortgage , lbl the creation of a {�urchae:e iuoney seeurity intereet for houeehold appli-
<br /> ' anees, (c) a trsnsfer by deviee, descent ur by operation o[ ls�+� upa� the death of a joint tensnt or ld ) the �eaat of
<br /> say leaoehoid interest of three yesrs or lese, not containiu6 an option to pumhase , Lender moy . at Lender'e oQbien,
<br /> deelore sll the susne secured by this Mortgage to be i�ninediately due auci ��ayable. Lxnder ehall have waived Quch
<br /> optipp to sccelerate if, prior to tUe sale or tranefer, Lender �ud tL�: �irrsun to w�hoai the Propesty is to be oold �'
<br /> tr�lorfersed reach agreement in writin� t6at the credit o! such ��erson i� eatisfsetory to Lender and th$t the interest `•
<br /> paya!►ie pn the �ums aeeured by this �1ortRa�Se ehall t�e at sucli rate ab Lender shall request. IC I.ender ha� w�sived �
<br /> '; the option to accelerate provi.ied in chie par�agraph 17 and if Borrower'a aucceasor in interest hsb executeci a writ-
<br /> j ten atsumptioe �reement aceepted in writing by I,ender, l.ender shsll relr.»se Borrower from all obligstiooe under �
<br /> �
<br /> ( td�L Mort�e and t6e Note.
<br /> ji Lende! exereisee sue1� option tu accelerate , i.ender shsll aiail Borrower notice of acoeleration in roeordaoee
<br /> with paragraph 14 ben+of. 6uc1� nocicc bliall ��rovidr a ��erioci of not lena tl�an 30 daym frau the date the natioe is
<br /> j u�siled withia which Borrower inay ��ay the sume declared d���. If tiorrow�er tails to ��ay such euins prior to the
<br /> � espisation of such period , I.andet �naq , e'itl�uut furthrr notice or de�nand on Korrower, in��oke any ren►ediee per-
<br /> f mi�ed by Wra&i'aPh 18 hereof.
<br /> Nox-Uxitroiw[ Cov�ar�ax�. Borrower au�3 Lender Y'urtl�er co�•rnant aud a�c� ar follows :
<br /> i
<br /> (', �o�se�ea; R�diat, F,ace�it a� pro�' i�lcr ! in � �arugru� �l � 17 hf•reot . u�wn Borrower's brexch of any
<br /> ' coe�snt or a�reemeat of 8orroaer in thi� 11oN �xKe. inolwlinq t6�� covenants to pay when duc any e:unu� ezecured
<br /> by this Aioi't;age, I.ender � +rior to acrelerution cliall iiiuil uoticu to Horrow��•r ax provid��d iu pa��5ruf�li 1 { liereof
<br /> � a}�etifyisss: ( 1 ) the breach ; � � 1 the xction ris�uin��1 tu cura• �u��h Lmarh , � 31 x datc . not le� tlian thirty daye
<br /> tt�oen the date tl�e notiee iF msiiecl to liorru�a•er. I �}• wl�i��h �ucli hm��eli uiu�.t be curcrl , und i41 that tailure to cun
<br /> ; ruei� breach an or before tlie dste specifieei in thc iioticv� �iixy result in acc+el�•ratioi� oP the nuu�� .ecured by this
<br /> ' Mortqaee and sale of the Yro;�erty . If thr breac6 ir not cw�crl uu ur before tlic �late ��ciS4tii m the notice , Lender
<br /> at i�ender's oQt�tn msy declare all of the e�u�u� eiecured by tl� ia �iortguge to Ix� iinu�ediately due and payable
<br /> wit6out furt6er demand and inay forecloae tY �is �fortgH�e b�• jwiieinl ��roceeding. l.ender el�sll Ix� entitkvi to cullect
<br /> iia suth prooeeding all ezpenees of foreclo�u�r , inclu� ling , bu1 uot liuiitcvi to, ccu+ta of da• uiueutary e�•idence ,
<br /> � abatrreb sad tiL}e reports.
<br /> j 1!. �'a � M �• -�O�M'ItI1wI8111I11)�, I.POA@I'�c� xeceleration of thr ecuait �+ecurnd by this
<br /> � D�[�ietp�e. Bart�Ower �►1l hsve the rlgk3t to luve any proceedinK� t�egun by I.en�cr tn enforcr thi� '.�ott,gs�e dis-
<br /> o0lttiaYOd st spq time �rioe to entry of s judgnient rnfa!^cinR thir Afort�a.{Se if : � ai Borcower �uye� I.ender all
<br /> �ue�s �*ytiek �id be tilen due urider this 11aut{�agr, tik� \cxe uu�l notr� securiry� Futurc .�d�•aecrc , if any , had no
<br /> SCcekratioa occurrtti ; ( b ? Aorrower ���re� wll hrex<�hrr of Km• nthvr �v�� rnants or aerc�ea�enta of l3orrower con-
<br /> t�jped ip t�is Meetp�e ; (o ) $ae�ow�er psyB sil rossonab►r ex�x�n� ineurnrl h�� 1 ,ender in �•nforcing the eovenant.
<br /> jat�Q �Me�s p! H�e�ver eont�'sed in thi� �toet�Kr and iu enfoiring I.c�nder'r remedies as >>rovidcri in para-
<br /> y Etaph 1� lroTetff, il�cludiag, but not timiteci to, rea�onuhle xetorney '� feees : xn�i i �11 I�Sorrower tskeF xuch setion ss
<br /> tap
<br /> j,p�K �� �oeMbiy req�tire to wrure tbat the lien of thi�; \(ortqayGe, Lender'e: ineereet in the �xrty and 4
<br /> ' ' � � �,jqe #e ��r }� y�pp �d hy thi. lfortga� �1�n11 rontinue uni:npsired . L'ron n;uch payment
<br /> 1 � � �r �� thf� �o�k�t ,�d ttfe pbly�atioad eeeured iiereb�� tilwll reerie►iu in full fwti�c a►u1 ePFect us if ,
<br /> , �o aerirorli�a ird aeeuet+eal. . �
<br /> � �, � �! a��l�t �MI�Y�My sf �i�yp LM,d�r is la�r�ies. .�e additirn+ai ee�eurity hee�e- ;�
<br /> � ee e e �
<br /> , ., tMM�R'.�nrllie�sD�r airi�r ts Iwisder tAe renta ot the Prqaert�• . txo�tided that B�orrowPer aks11 , Prior to soeekr- :
<br /> ; • ��� y�� � ��, ha�ep� ,ar abando�nuest ot the Pro��ecty , havc the ri�ht to col►tct anci retain eueh rents , `
<br /> : aa�iM� �dus rrrt p��ia�ble. _ „
<br /> M�Qi�bl'ii7iL1D 8A1'�t' !]ii+i�'h .ls 13eS'COS oT ShA1�Ck07finelft of thP i'�ey.rrry . 1 .rewirr . i� �wew+n . i�v a�rnt.
<br /> ± �R Y! �il� a�M�M1�AeM1 wellver aLi4 L+R t�tatiod ta entet upow . take I�awoeesion of anci uiansy[e the Pev�e+tY , '° ".
<br /> �.�A .
<br /> i �.yy � tlYo- M�ib et iM PIe�I�, i�r�i tho�e �t dne. All erncr coilected by L.ender or 11�e reoeiver
<br /> _ t � � � M� � � �( � �,�� �( � �' tFx Pta{�erty ancl cotlectit�n of rentr . ineludiaq, but
<br /> � � �y hpoj�•yi (ee�, �ne�Mes up reoeiver'e I+ond+ and rca+wnsble attotney'� fee' . end then to the �:ume
<br /> �; � b� �it ]I[ae�{e. Le�er a�d tl!e a�eneiver shs11 t+e liat�ie to arcount only for th�e renth actuslly rvreivr�l .
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