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� �
<br /> uot extend or �,oatpone the due date ot tlic monthly iu�t ;� llment � rrferred to in }�ar:igraphs 1 snd 2 hereof or
<br /> change the amuunt oF such installments .
<br /> 1Q Eerrower Not Rd�d. Extension of tl�e t iwe for � ,a��ment or modification of amortizatioi� of the sums
<br /> secured by this '_4lortgege grnnted by ] .ender to iinv � uc•ceFsa• in intere�t of Borro�+�er �hall not operate to release,
<br /> � in any msnner, t.he liability of tl�e original liorrowrr aud Borrwcer'� .ucce,sors iu interest. I.ender shall not be
<br /> required to c�mrnence proceedings against � ucl� suroessor ur retu;�� ta extend time tor nayment or otherwise modify
<br /> anwrtization oY the e�ums secured by tl�is \lortgage I ,�• rcasou oi :in }• deman�l mssde l>y the original Borrower and
<br /> Borro�ver'� succeeeore in interest.
<br /> 11. Perb�arm�c� by Iwad�: Not a Waiv�r. An,y forbearauce by Lender in exercising any right or remedy
<br /> � hereunder, or otherwise afforded Uy applicable lati�� , �tisll not I >e a �vaiver of or preclude the exercise of any right
<br /> � or remedy hereundel•. The procw•ement of insurauce m• tlic pa�•menr of taxes or other liens or charges by Lender
<br /> � shall not tx� a wai��er of Lender's riglu to accelerute tlie inaturity of the indebtedness secured by this D'lortgage.
<br /> � 1Z R�at�di�s Cumulativ�. All re�nedies F�ro��ided in thi� \lortgage are distinct and cumulative to any other
<br /> � right or remedy under this \fongnge or �iH'orde�i I �y la�� or ��quir�• . and iux�• hc� exerci.ed coucurrently , independ-
<br /> ently or successivety.
<br /> � 19. Sueeeawn �d Aasigas Bound; Joint and Several Liability; Captiotu. The eo��E:t�ant.� and gqreements
<br /> I�► herein contained shall bind , and the rigl�ts hereunder �hull inuro to , thc re�pectiv�� succebsors nnd assigns of Lender
<br /> � and Horrower, subject to the provision. of � iarakra��l � I i I�urroi. All euveuant.. un� l agri•c�uenta of Borrower shall
<br /> be joint and aever;�l . Ttu+ ra� �t� ion, and liesding.< ul rbi• parxKra � �6, oi rLi,� \ lort �;u��• nre� for cori ��enience only and
<br /> are not to be used to interpret or defiur tlic � n�o�•i�iun� I �ercal .
<br /> 1{. Notic�. Any notic.• tu 13orroue�r �uo� i�1 �•� 1 iur in tl � i, \ IurtR.i�i• .hull I �i� �; I � iyi b�• ivailing .ucti notice b�•
<br /> certified n�raii addressed to 13urro�ccr ut tlir 1'ru� �crt }� .l�idn�.. .t:ur�� l hrlu��� . ���ri•� �t Sur :in}• noti�•c rcquired under
<br /> parsgraph IS hrrrof to lu �i�-ru tu lie� rro�� �• r � n tlu• inunurr � � rc.,rriliccl h�� :�� �� �II�;� F ,lo la�� . Au} noticc- � n�uvided
<br /> for in tliis Alort{;agi� ,hall bc deewed to I ,u��o hi�i• n �;i ���•u tu Burru�vrr �rl �eu ��icru in t hi• u�anner � icii�;uatrt� herein .
<br /> 15. Unilorm Mortgage; Govorninq yaw; Severability. '(' lii� iorn � ul' inort �,a�;e emnbinu� unitorin eovenants
<br /> for national use and non-uniforin covenants �citli limire� i ��xnatiuu.� b}� jurisdictiou tu constitute a uniforni secu-
<br /> rity inetruinent cuvering real � xopertc . '1'liir \ lorlguge ,hxll L� � �;u�•er•ue� i i ��- the Is�+- of tlic jurisdiction in which
<br /> the Property is located . ln t6e c•vent tl�at an�• � n•oci.ion or � lau.�� oi tlii� \lortguE;e or the Note eonHicts with
<br /> applicable law , sucli cunHict ehul ! not :itTec � otl � er � n�o�� ision.. ui thi - AIortgaKe or the Note whioh can be given
<br /> eHect without the conflicting pruvision , aud to thi.� crni � hr � �ru �� i�imis of thi• Alurtgssgi� and the Note are decl$red
<br /> to be seversble.
<br /> 16. Boerow�r's Copy. Borrower ehall hc� furuisl � e� i ;� � •oniornie�l �•o� ��- of thi. \lortgage at the time of execu-
<br /> tion or after recordatio�i liereol .
<br /> 1Z Trmnf�r of the Prop�rly; Aacuinption. If all or unv � �art ut the Yroperi.�• or an interest therein ie sold
<br /> ortransferred by Borrower withoue Lender :. prior �crit � �•n cuuseut . �xclu�linq � si the creation of a lien or eneum-
<br /> brance subordinate to this �fortgage, i bl the• crr:uimi oi a � �ur�• ha.o iuonvv .rcurity interest for household appli-
<br /> ances, Ic) a transfer by �1e�•ise, des�ent ur hy o� �c�ration ui L•«�� u� ,un ttie �ieutL of a joint t.enant or ldl t�he grant of
<br /> any leusehold interest of three yettre or ]e�r not cuntaiuiiig riu o� �tiun to j,ur��l�asr , Lender may ; at Lender's option ,
<br /> declare all the �;utns eecured by this :�Sortgage tu bv iuiiurdiatcl � du�• ;uni ��ayabl��. Lc:nder shxll tie�•e RblVed such
<br /> option to necelerate if, prior to tlie �ule or tran.fer, Lcndcr aiid th�• � �er,on to wlww thr Yroperty is to be sold or
<br /> trausferred reach agreemenc in writing tliat the, credit ut aucli � �erron i, sati.factor� tu l.ender :�nd tl�at the interest
<br /> p&yable on the sunts securnd by �hi� �iortga�;e ri� all be at .urli rxte a� Lc•nder �}iall request . I1 I.ender has waived
<br /> the option to ac�elerate pro�-ided in chis t >arxKraph 1 i un�i i1 liorru�� cv'� .iu�ue�rur in intrrest has executed a writ-
<br /> ten a�umpt�un agreement xcce�ted in writiug Ly Lender, L�•iider .6s11 rrlease Burrower iroin alt obligations under
<br /> thie Mort�age and the Notr.
<br /> If l.ender rxercises eucli option to sccelerate . l,ender sLall � uuii f3orrower nuticc: oi acceleration in accordanee
<br /> witli NaragrspL 14 hereul . �ucf � nutie�r .liall providi� a � �erio.l ui uui Ir,.. tlian 30 da}•� froui tl�e dxte the notice is
<br /> �nsiled w�itLin a•hich BorruH �•r we�• px� thc .uui� de��lun�d �iu� . ] i fia�ruu•er ia� l� tu pa�� �ucL ,;uu �s prior to the
<br /> eYpiration of such ��erial , Lender ivat� . �c �thuut iui�tlu• r nuti�•o ur �irivau�l un }iurro« er, im�oke xuy� retnedies per-
<br /> niitted b,y paragraph 16 hereof.
<br /> V`ur - t ' v � ruHia ( 'uvr: xen �r�:. tiurruµ•.� r am ] I .c�ud�• r YurtLi• r ouv�•naut au�i ak� r���• a . t'ollowK :
<br /> 1B. �eul�[atioa: R�med'ue. f�:z�•�• � n u� � u•o� i� lo� 1 iu � �:uu� r,i � � li 17 hi r�•uf . u � �on Rorrotirr '., brE•.xrh of un}•
<br /> covenant or agre�nient of l3orro�s�•r iu tlii� \turt �,:i�;� • . iu� Iwiiu� tlu� �•o� eu :snt . tu � �:i �� �rlu•n �iu�• an �� .um, .erured
<br /> by this \lortgage . Lrn�ior � �nur tu :trrel�• rutlon .�liull ni:ul nutio�• t � � Rorru�crr a.• � �ro�� id�•d in � r:iru�;ra� � l ; 14 I�creof
<br /> nE>ecifying : � ll the breach '. i2 � th�� sit �uu roywr��il tu i• un ,uili luc •xrli . � 3i :� � iat�• , not 1<�s. tlian thtrtt• daV•
<br /> f'run � thr dntctlu• noti<•c i. inailrii tu li � � rru����� r. ! .�� �� i � i�� 1 . .. w� i � hrc:u � li wu.t I �o �� ur,�, i : nml i4i tliat failura tu eum
<br /> nueh bresch ou or l�elore tl�e dat�� .�x•�• ifie� i in rl �. uutii•�• ui:i�• re•• ult in sccc�l�•�atiun u( rl ��• .. i� iu. .c�vur,•, 3 I �c tl � is
<br /> �fortgage and salr oi thr Yroperty. 11 tl�e brt�xrl � i, uui cunvi or, or hefur�� th�� datr .E�rciti���i in tl �e noticr . Lender
<br /> at Lender's option uiay cieclam iil ( uf the ..uu �. .i•cun•�i i �� tlu > �1ortRaK�• 1u I ��� iin � ne� liatrty �lur au�1 payable
<br /> without furthrr demand ttnd inay' im•u�•lo,r thi.� �lurt �;:�K�• I �� iwii��iul � �ro�•erdiuk Lrndrr ,h:ill la• ��n [ itle� i to oollect
<br /> in vuch proceeding x � l c•xprnvr,; oi turc��� losun • . mclwliu�;. hut nut liuut ��c1 tu . �•o.t � of � lo�• u � u��ntur�• .°��iden�•c ,
<br /> abstrsets and title reports .
<br /> 1�. 1ee��'�r'/ �iqh! to H�ie�tat�. \otwit6.tan�liuK l .��ndrr '. ;�e�•elrrxtiuu u( thr ,um� .ecured bv thi�
<br /> MorttaQe, Borro�er shall have the right to ha�•e au�• ��ro�•erdin�;. Ix�guu b}� L�•n�ier tu ��nfurc�� thi� \tortgaKe die-
<br /> oonf,ieUed st� eny time prior to entry of a � udKuirut eufW��iu� tlii> \ Iart �uKr �f : iei {3orruw-er ��uyx l ,rndrr all
<br /> ausul which would be Lheu due under tl�i� \lunga�;i•. th�� \uti• ;u�, { notrz �ecurin�; F'uture Ad�-xnce� , if anv . had no
<br /> aeoelerat,ion occurrnd ii. i RormH•er ru:•c� u: ! hrra, L. - ., ; ,,i �} .,tLri ru � . u:tu � ,, ui :aRn•riui•nta ul liorrower con-
<br /> tti�fed in this MortRage : � el Borrower r�av� ull rrarunabl� �•x � ���u,��.< i �, rurr<�� I t�� Lrn�l�� r iu ��uturcink tLr co�•enantr
<br /> �er1 a�e�eee�eeb of Borrower contsincd in thi� \lurtKu�;e and in eufurrin�; Li•ndi•r'� rrniedie� u� � �ravided in pxra-
<br /> �rsph 18 here�of, including, but not limited to, r�•a.onal,l� :�tturn�.v ', j�.e,, , au, � i ,ti korruw�•r � ak�•n such acuon x.
<br /> Leeder msy reasonabl,y requim to cteeum that the lieu oP tl�is \ IurtKuK�• . Lcndri'� i�� t ��rr.t in the Yro��etty and `t,.
<br /> Bo!l�ow�K's obl'1ptiOn to pxy the sunis ����i ny tlii� \turtKa�;� <haxll continu�• uniny �airod . I '��on such � �aynient � „� �m: ;y
<br /> aad 4wre by Horrprer, this MuK�age snd the obligxtiai� �:r�•urk•d Lrn•Ir�• .lutll r�•u�aiu ir� iull iorce and c•ffect as if tk `
<br /> no socelerat,im had oocurred. �
<br /> �' ��� � �t � af i�o��r% 1wad� in po�ion. A� additional security here-
<br /> �. 8oe�o�e� heeebY aari;t+s to I.ender the mnte uf thc Propert �� , procidrd that BorroN•er rhalL prior to acceler-
<br /> •tirn uader pan� IS 1+ereof or absndonment of thc Yro�xm• , hati�.� the riK6r tu �•ullrct und retain nuch rent �
<br /> as t3x� bneome due aad W►yrLlr.
<br /> L�pon seeelerSLioa undrr ywr�;r�y.l� 18 I�r��eui w xbuu�lunu�rnt ut the NroFwrty . l.ender. � n ��er�on . b}� agent +�
<br /> a' bY J����Y aPP�sted e'eoeiver rAsU he eatitled to entrr u�ion , take �aFrr..ion oi xn�i ��ianx�e the Yroix•rIv
<br /> a�d te ooileet fJ�e renb � the ProQerty , i�ludinR thoer� �wat due. All mnts collri•tmvi b}• Lender or th�� r�•��i•i��rr
<br /> �hail6eappli�d Rntto parment ef t,loP i+�wrt« ef �nnnn�rmPnt of t �, c Nro, �ort }' an„ . uli. t t .�,i , ,�f i . u � . . iu�� lu�i � n�; . i ,u �
<br /> nat Iffeited to, rrceiver's fees, protuiumn oa mcriver's INNNI. ssnd ri�a.onahlr :ittorney '� 2cr.� . ;ind thru to th . .umn
<br /> seeet+ed by thu !ltoetgwRe. I.ender and thi� rereiver .�hall IK• liul,Ir to »<•��ouni onh for th��.��• ront . r� rtu:� lh• n �� �a � ��� 1 �
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