r �
<br /> noL extend or � �ostp�uu tiic �iue rlate ui thi• nusuriil�� ii � .�tniluu�nt, ml�•rrc� l tu iu � �sra{�rapL� I .wd 2 hereof or
<br /> clfange t6e ainount of aucl� install �rie» ts-
<br /> 10. Boaower NotAelaasod. l�:xt.ensiou of tlie tiuu ior � �a�•� uent or iuodilicaiion � , i :ui�urtizatiun of the swns
<br /> secured by tlxis \lartgage {;ruuced b�� I .ender to uu�• � u� ce,�or in inta•r,c ui Borru�� er , hall nut o�ierate to release ,
<br /> in sny manner, t6e liabilitt• oi tl�c origin� l Iiorro�a�i� r :tn� l liurro�ci r '.: ..i��•�• es,or.• in intere�t . I .ender shall not be
<br /> � � reyuired to commence proceedings again.t .�ucli surcessm• ur reiu�c iu extcu�l time ior payment a• otlierwise modity
<br /> C� arnortisation of the swus secured b�� tl � i, \lortgage I��� rrasuu ui :iu} �ieivand u�ude by the origival Borrower and
<br /> � $orrower's auccessors in interest.
<br /> I�" 11. Forb�arance by Lender Not a Waivor. Auy forbeur3na• b}• I.ender in eaercising any� right or remedy
<br /> O hereunder, or otherwise afforded b�� s{yplicablr lu��' , �hall not I �e u �cai-;er of or preelude the exercise of any right
<br /> O or remed,y hereunder. 'l l�e procuremenr uf insurance or the � �a�• iueni of taxeti or uther liens or charges by I..ender
<br /> ahall not be a waiver of Lender'� right to Uccelerate tl�e u�uturit }� of' tlie indebtedness sei+ured b}• this Mortgage.
<br /> � 12. R�m�dios Cumulalivo. :� Il reniedies pror• ided iu tlii� AIortgaKc are �listiuct dnd ewnulative to any other
<br /> � right or remedy underthi� \ lortgaq� ur ;ifl'onio�l h�� la�c or �•� � uir �• . :uul u�ca �� I ��• ��ai�rri�c�d eoneurrently� , independ-
<br /> � ently or successivel,y .
<br /> 13. Suecesson aad Xssigas Bound: Joint and Several Liability; Captioas. 7'he c��� ru.� nts und agreemente
<br /> hereiu cuntained shall I�i�id , arid the righ� , L�reun�ier �hall inw �• � u, th�� re,� �ecti��o ,ucve�sors and us�tigns of I.ender
<br /> and Aorrower, �ubject tu tlic pru�'i5iuu, ui � ,:u;��; r<< � �I � 17 lien•ut . :111 �•uv��uaut .. :1u� i ;igr��cu �ehts oi 13orrower el�all
<br /> be juint sud .e� rrul . "f6r ca� �tiun- :uui h�•adin�;> ui th�• � uiraR�:�� �ln ut tlii., \ IurtRu�� • aro (m• cu� ni•nieuce only and
<br /> ttre not to be used Lv inter�>ret or �Irfiu�r tl �e � �ru�•i..tuu� }eereoi.
<br /> 14 Notice. An�' �wticc iu liurruurr � �ru� idc� i iur iu tlii� \ lurt �;aRo � I � ull I ��� �;t� � u h�' inuilin�; � uch notiice b��
<br /> certifie�l mui ! addrr•e;sed to liurru�ci•r :� � tlir F' rup��rt � :1 � i� ire.. . u� ti•� l I �olu�r . �x�•�• � �t iur :iu� nucii•�� require�l tuider
<br /> paragrapl� ] 8 liercof tu Lo �;ncii tu li � �rro�� �• r iu tl � � iu:uiurr � � m.rriL�•� 1 I ,�� :t� �� � li�•al �lo I.u� . :\ �n• nuti�•e ��rocide�i
<br /> forin tliis \lortgagr �liull h�� dv��� u� �� f [ u Ir.� ��� � hi•��n R � ��ru t �, 13� n� ru���cr �clu�u �;i ��ou iu iiir iu:iuner �Ic�iKnutr�i liereiu .
<br /> 15. Unilorm Mortgaqe; Goveming Law: Severability. ' l'l � i� ior� u ui iuort �;a�;c � umbinc� wiiform cocenauts
<br /> for national use und non-unitorrn cu��enaut , ��� itli li �nitc� l �� uriat iou�� h�• iuridi.iictiuu tu constitute a uniform secu-
<br /> rity instrwnent covering real � �roperty . '1'hi� AIurtgaRe �lusll h�� �,o�•eruod Iry ; h�� la�r oi t�h<, juriediction in which
<br /> the Property is located . ln the event thitt :im� � uoaision �,�r ol :iu�o oi thi � Alortgage or tl�c Note ronflicta with
<br /> �pplic861e law , sucL conflict �Lull not al'fc�•i other � n�nci�iun, oi thi; \ lortgagc ur the Notc which cun be given
<br /> effect without t6e conHictiug �,ru �� i�iun . ;uu1 w tlu . ��n„ tl�r � �r�� �� i.ion.� uf thi� AIurt ��iKe :ind t�he Note are declared
<br /> to be severable.
<br /> 16. BOreowei's Copy. 13orro���rr � hall bu iurnisl � e�i :� � �untorn�c� l �•opy uf tl �is � lortgage at, the t�ime of execLL-
<br /> �ion or after recordation hereof.
<br /> 17. Trat�at�rof the Proparly: Asaumption. li all ur au}� � �ari of tl�e Propertp or a❑ interest therein is sold
<br /> or transferred by Borrower ��•ithout Lender '� � ,rior writtcn consent , eacludiug Is1 the creatiou of a lien or encum-
<br /> brance nubordinate to tlii� Jlurtkugc. � bi thi� i• rr:ition ut :i ��ur��hu.o iuuuc�• ,ecurit�� intereet for household appli-
<br /> ancee, ( e ) a transfer by de��i�e , aescem ur b�� o� �erst �uu oC I :i��� ul �on th�� � 3euth oi' a ,joint tenant oi• ( d ) the grant of
<br /> any leasehold interest of tLree }�c•ar. ui� I��.� not rontsiniuR ;ui u� ,tiuu tu � nir.• hu��• , Leuder uiay , ut Lender'n option ,
<br /> declare all the Qums serured bp tLis \lortgage• tu I,c inm �rdi;n ��l�� � iu�� ;uui � �ay;�bl�• . I .endtr shall ha��e waived such
<br /> option to sccelerate if , prior to tLe �ale or tranafer, l.eniliv� :wd tliv � x�r�on to �chom the Yropert.�� is to be sold or
<br /> transferred reacl� agreeinent in �vriting that rLe credit ui ,ucl � � �e�:<on i. :uti�fa�•tur�� to I.euder and tl�at the interest
<br /> payuble on the sums srcured by this \lvrt �;age aliull lii• ut �urli rxtc u.� Lender sl�ull myuest . IP l.euder Las waived
<br /> [he option to :�ecelerate }iro�-ided in thi� � �aragrapli 1 i au�l il 13orro�� ��r '� �u�• e��scw• in iuterest has oxccuted a writ -
<br /> 4en assumption agreement aceepted in «•riting i ��� Len�ler. L��m1ei• �lictll releasc Buriva�er froin all obligation� under
<br /> this Mortgsge and the Note.
<br /> If Lender exereises such uption eu accrlerate , l .ender shall � uail 13orrower notico ui acceleration in aeeordanee
<br /> �vith j�aragraph 14 hereof. �uch uoti�•�• �h:�ll � �rucul�• u ��er�u�l ui nut le..., th :iu 3U � iay� irom ttx� date tl�e notice i�
<br /> mailed within which Borro�c��r iva�• � ni �• the .wu� � iecl:u�r�i du�� . li liurro�cvr tall> � u � � :i�� sucL .uni.� prior to the
<br /> expiration uf tiuch peria3 , l.ender ivay . �� itl �uut lurcin•r uucie�• ur � i��iuund un 13orro�cer . iu� ok�� un�• remedies per-
<br /> mitted by paragraph 18 liereof.
<br /> �uN -i ' :� iFueHt ( 'uvr:Vn :: •r,. Rurrow�• r ;ui� l Leii�ler f'urth��r �•u�• ��utwt uiul u�'r���• a , follu�v� :
<br /> 18. Aee�braSion: R�medies. L:�er� �t as pru� i� lo� l in � uuu�; �;i� �li 1 i lioreuf . u�wn 13orrowi��'. bree�h uf any
<br /> covenant or agreetuent of Borro« cr iu tl � i. \turt �u �;� . iurlwlinR tin ro�•��uanir tu � �ay �cL�•n duc any tium. .rcured
<br /> by [ 4ie \lortgage, I.endi� r � � nur tu arc� • l�o;itiun .liaill inail nuni•r t � � B� u•ru�� cr a� � nv � i� { o� i in � �ai:i� ra � ili 13 I �ereol
<br /> s�>ecifyi»g : I11 the breucli : i2 � tlic :< <•tiuu roywro� l tu �� un• .u �� li I � r.•uvlr, � 3i a dut�� . not Ic•.a than thirt }• days
<br /> (ru�u the datc th�� notici� i� ❑ util�vi tu liurrii�� �� r . h�- �� lii� li � url � I � n;u• li nw.t h�• run�� l : an� l � 41 that t:� ilurc• tu i• wr
<br /> rurh breueh on or iielore tLe dute .p�•c • � tie�i in thr � :un�•o iu��}� rr,ult in ac<•i�lrratiun ul llu� .uur ,ec- umd by thiF
<br /> \iorGgage and sale uf the� Pro� �rrt }' . If t lu• tn���x�• li �. nui rur�•� I � �u ur Ix•turr t hi� Jxi �• .,� ��•�• ifi �•r! in th�• nutirr, I.emler
<br /> at Lender'ti option may declam ull u1 the .:uui., .e��• ure�l ht' tlii . \lurt�uRo tu bi• inunediatcly du�• and payxLle
<br /> without furtherdettiand and ma}• forec� lo�u tlii� \tortRs�;�� I �c iu� liri:il � �rnecedin� Li�ndcr �iixll Iro rntitle�i to collect
<br /> in such proceedin� all expenre� uf f'orc�rio.uro, inclu� lin�; . Irut not liiuit � �� l to . ��u.t ., ut � iurwucntxr�• e�•idence ,
<br /> abstracts and title reporta.
<br /> 10. Doerow�r's Right to R�iostat�. 1ott+ rtli�tundin� Lender ., ac��ele•rahuu uf t ��r .wu. .ecured bv thin
<br /> Mortgage, Borrower ethull have the right to ha�•c suy �uucerdin�;� he�;un h�• Len� irr to rnfurc�� t hi. �lortgaRr dis-
<br /> continued 8t anV time prior to entry of a judKment enfo7cinR thi� \ lort �ake if : � .0 BorroHer pxyr l ,rnder all
<br /> surr� which would be then due under thi� �lortKa�o . th�• \ute :ui� l uot ��. .�•rurin� F'utun • Ad�'auei•. , if anp , had no
<br /> accelerstion occurred ; Ib � Borrowrr curet sll bra•ru- 6�•� uf an�� uthrr �•o� �•nunt � ur :i�;rrru �rnt � uf Borrow�r ron-
<br /> tuined m this :�lurtgage ; Iel Burtower pacs ali ri•asonable i��prnne� mrurnvi b�� Lend�•r � n ��nforc•ing tt �e eo�-enaiits
<br /> xnd agreeuients of Borrower contuincci in t }ii� JlortR:��;i� snd �u �•niurrinR Londer'.< rcuir d �rr us proviiied in { �ara-
<br /> graph 18 hereof, including, but not limited to, rcu:onuble .itturnr} '.� ie.� : and � �ii Borrow��r takrs .uch action an
<br /> Landflr may rearonably require to asaure that the lia>n oi rlu� \ IortKtt�r, Li•ndrr'� intere�t in the Yro��ertv and
<br /> Borrow�er'e obiigstion to psy the sums securrd hy thi, \lort�a�o >hall oununui� uuirup�v.vi . t ` ��on .u�h �iapment t
<br /> and cure by Borrower, thia ?�lortgage and tl�e obligatiun� ::erured lu•r��l ��• �Iiull ri�� nain in full forec ancl �•ffrct a� if '
<br /> no aeoelention hsd occurred. rw' �
<br /> !0. �ri¢�m�st o! 8�oh: Jilppoiot�at ol R�c�iv�r: Lend�r in Poree�rion. .a. additiuual ,reurity l�ere- � ""
<br /> � uoder, Borrow�er hes�eby aesigr�s to Lender the rents of the Propert �� . � n•o��idikl that Aorn�wer hhall , prior tu acceler- �'.: �'�a
<br /> ation under para`ra�h 18 hereof or abandontnent of the Ym�ierty , liacc tl�c riKlit tu �olie�•t and retain such rrntt `+�`
<br /> �as Lirsy beoome due aod pa.vsble.
<br /> Upon aocelerntion undez paragrepl� 18 hercof or sLundon �nenl of the Yro��ern� . L�•u�ler , iu p�•r�un , bv a¢ent
<br /> or by judicialty appoiated receiver shall be entitle�i to enter u�wn , take po�!se��ion of snd ui�na�c� � hc Yrorert�� �,
<br /> atMd t0 eollect the t+ente of the Property , includin�: thc�xe l�ant due. All rent � �•o1leMed h�� I,cnder or thc rec�eit•i�r
<br /> ahall be spptied fiexL to payment of the coets of manaKement of the Pro� �crt�� and rollertiun u( rem � , in��ludink , I �ui
<br /> iwL ii�uital tu, n�eeiver's iees, premiumc: uo rireiver 'r iwn� i� snd reusonable attornep . ter� . and then to the �wns
<br /> eecured by this Moitgage. Lender and tt�e receiver .t�811 Ix• lial, it• io x���•uuut unh� for thu.>i� mnt � aoiuulh� n�����i � rd .
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