- r �
<br /> uot extend or �,ostpone the due date oi tlic mo�� tl� l �� ii �..inlliuent , rc•fer�ed tc, in �,ar:;Kraph. i and 2 hereof or
<br /> change the amount of such instsllme�ts .
<br /> 1Q Borsower Not R�l�ased. Extensioii of thc time for � �ayment or �nodificatiou ot u�nortizatiun of the sume
<br /> secuted by this '�foztgage granted I,y I .erider co an�� xuecea�or in interent of BorroH•er �l�all not operate to release,
<br /> in any manner, the liability of t4r original lia•ro�vor and l3orro�� ��r'= .ucceshor= in interest . I.ender shall not be
<br /> � requireci to commence proceedings against such succe�sor or reine.• tu extend time for payment or otherwise modify
<br /> amortization ot the swue secured by t.l �iz \lortgage I ,�• rea�m � oi ;in�� clemand u�ade hy t� he original Borrower and
<br /> Borrower's euccesnors in interest.
<br /> 11 . Forb�araace by I.�nde: Not a Waivor. Any forbearance by T,ender iu ezercising any right. or remedy
<br /> hereunder, or othenvise afforded bp applicable la�t� , rLall not he :i �vai��er of or preclude the exercise of any right
<br /> or retnedy hereunder. 'I'he procurement of insnrauce or the � �ayment of taxes or other liens or charges by Lender
<br /> �, shall nat be s wai�•er of Lender 's right to accelerate the maturity oi the indebtedness secured by this 14ortgage .
<br /> � 1Z R�mediss Cumulative. All remedies �iro��ided in tlii� \lortgage are �listinct and cinnulativc to any other
<br /> � right or remedy under this \Iorcgng�• or uHordcvi h�� la�� or � •quit �� . an� ! ma� I �o rxrreieed �oncurrently , independ -
<br /> ently or successively.
<br /> � 13. Sueeessors and A�siqna Bouad; Joint �d Several Liability: Captionc. 'I'lu� co��euanta and agreements
<br /> � herein contained shall bind , and the rights liereunder �hsll iuun• iu . � 6c res� �ectit�r .uc�•essors and assigns of Lender
<br /> ! and Borrower, �aLject to the Eiruvisionn of � rus�ru� ih I ,- herru(. :� II �•u� ruaut . ami agr�•eu�ents of I3orrower �hall
<br /> be joinG snd ne ��eral . The ��a��tion�� an� i licading� nt tho � �ara�;r:�� �li . c� f tlii� liort �;:��;�� :�re• fur oon ��enieuce unty and
<br /> ^ are not to be used to intrrpret or definr the �� ruc•i����n: liemoi.
<br /> ^ 14. Notice. :1ny� nuticc to Iiurro�c�• r � �ru� iil��i1 fur in tl� i- \ lurt �a�;i • :hsll I ��� Rin�n bt� �usiliu� �urli notice b�•
<br /> certified wail nddr�r�sed to 2iurro���er at tl � r }'roperi }� A , i�ire.,.. .r.i � � �� l l �rlu�c . �•ao�• �u iur su�� notice myuired under
<br /> paragrupl� 18 liiv�ruf to I �r �;i��ru ti,� Burruti� �� r iu tlii� uusuu�� r � �n ��cnl ,� •� i h�� n � � � � lirabl� • Ix�c . Ant� uotici provided
<br /> for in thi, Vortgage �hall he decrn��r{ to I �u��o I ,o�•n Ri���•u tu linrru����•r ���L��u R�i ��c�u in � he iuui�ner � Irsignatrd hr,reiu .
<br /> 15. Uai(ortu Mortgege: Gowrnittg Law: Severability. " l'hi � iurni ul uwrt �;akc � umbine, unifortn covenants
<br /> for national use and non- ttniforrn covenant� «�itli limit �•� I c;u�iatiun� h�� iur�edictim� to �oustitute a uniform secu-
<br /> rity instrument covering real � n•opert }� . '1'hi. \ lurtgu�;e .hall l �c �;o�•crne� i I ,y the la�� oi th�• jurisdictim� in which
<br /> the Yroperty ie located . ln t6e c� eut that uuy � iru��ision or �• lause oi tlii, \lortqagr or tl�e '.Vute conflicts with
<br /> applicable law , such conHict shall not ut� ec � otl�er � rro� isiun.� oi thf� \ lortgage or the :Vote whicl� can be given
<br /> e$ect without the confliciing provisiou , unci to this rnd thr � �nnision� uf tl �e \ lurtgage und the Not-e are declared
<br /> to be severable.
<br /> 1& Boaowei� Copy. Borrowerehall lie iurnislied a i�oniorme�i oo��}� ui' thS. Alortgage at the time of execu-
<br /> tion or after recordation l�ereof' .
<br /> 17. Traw4or ot the Property: A�aumption. If sll or au� � �art uf the Yropertc m• an interest therein ie sold
<br /> or transferred by liorrawer �vithout Lender• '.� prim• wntteu run�ent . ex� ludinti iai th�� creation of a lien or encum-
<br /> brance �ubordinate to this \lortgxge , � b i the rrr:ition ot ;i � �urc�ha��• u �une�� securit.y intereat for household appli-
<br /> ances , � cl a vuneier l�y �e�� i�e . �lrscent ur I ,�� u� �.•rutiuu � ii L��� u� �un chr � ie•ath ai u iuinr truauc ur ldi the grant of
<br /> etny leasehold interest of t. l� ree }'ears or le•,.= not rontai�iiu� an o� ,ti��n t � � � �ur�•hasc , Lendrr �nay . at� Lender's option ,
<br /> declare all Lhe smi�s eecured b}• ttiis �longage� tu bi� i� u� uc� liat �l}� � iu�• un�1 � �uyablo. Len�ier shxtll ha��e waived such
<br /> option to accelerate if , prior to tiic eale or trun�fer . I.en�ler ;uui ilu � n� r.uu tu K I�on � thr Yru}�ert}� ia tu br bold or
<br /> transferred rexch agreemen� in writing that tl �c ��mdit ut �ucli � �crnun i� ,aYi,factor�� tu Lender and tliat the interest
<br /> pbyuble on the suruti �rcure� i by tl�ie \IortKa�c �hall b�• ut .u�� li rnco a., L�•n�ter �hall rcyuest . I f Lender has waived
<br /> tk�e option to ac�celerate provided iu this piiragraph I i and ii liorro�cer '- .u��ri•,sor in intere�t hac exrcuted a writ-
<br /> ten assumption agreement acceptkd in wrning bt� Lender . L�•ndrr � I �xll releaec Burruw�rr trmu all ubligations under
<br /> this Mortgage and the Note.
<br /> If Lender exercises such option tu acceler:�te , Lender sl�ull �uuil liorrower notice of acceleration in secordance
<br /> wit6 �,aragraph 14 tiereol . �ucli nuucu .liall } �ru�'i�i� :i � ��nod oi uut 1��.�• tluui 30 dnys irom tLe date the notice ie
<br /> mailed witLin which Borrower � ust' � �:i�' tLe ,wu. � ii��• lur�•� i � iu�•. li }iurru�� �• r fu� l , tu � �:s� .u�•h ,wu. prior to the
<br /> expiration of sueti }xriod , Lendei• iuu}� . �vitliou� fuith � • r nuti�•� ur � I�•n�;iu� i u� i Rurro�� cr , iu ��oke un�� m�neciies per-
<br /> mitted by paragraph 18 hereof.
<br /> \ oh - 1 ' vtsuxM ( 'uvt: vn .rrn. Kurruw� i� r an� l Lou�lor furtli �� r ouvouunt ai�d a� n•� • .t. follo��- . :
<br /> 18_ Ace�loration: Remediss. f ;x�•��� �t :�.. � �ro � i� l� � l in � ,:u:«; ru � �I � 17 I �on•ui . u� �uu liurruw �•r ', breai� h of an�•
<br /> covenant or a�+ree�nent of f3orro�� rr iu tliis \luriR;� �o . inrlu� linq tlu • � •u����icinr � u � �a�� �rlion �iu�• :ui�� .,wu� <ecun�� i
<br /> bY this Alortgage . Leudc•r � � rior tu u�•ct• leruuun �� hall � u:ul uutii•r tu Iturru���i•r a� � �ruci� l�•� i � n � �:ua{; nspli 14 hereof
<br /> specifying : I11 tl�e hretti�h : i2i tho :u•nuu rryuho� l tu i•iur .ui•h I � r.•ucli . i3i a � latc . nut Ic•.. tli:tu thirtv iiav�
<br /> lrum thc duti• tLc nutici• i� ivaili�� { tu liurru�r � �r . In� �clu�� i � •urii hn �:ioii inu.t I �c oun•� I : yn� i i 4 i th:lt f'xlluro tu �•ttrc
<br /> .uch breach ou or I .rfor.• tlu� dxt �� .� �iv• � fiv� l � u tlu• ❑uu� •� • iva� rr, ult iu :u•i•� � I�• ra � iun � if � h�• .. uuir >�•�• w'�•�l h�' tLi�
<br /> � tilortgege and .ulr ol the Yroperty . If tLe Irrexch i. na �� urc� l un or t ,elore th�� duti• e� iecifie�l iu tlu• notice , Lender
<br /> at I.ender's option iuttp �leclare atll ui the xwus se��ured I ��' tl � i> \1urt �;a�e tu I�e iniiu.�� liuti• h� duo and ��syable
<br /> without furcher drmancl an� � ma}� fore�• lo.r � liu \lurt �;:i��� I � c iu� iiri:il proo�•e•� 1iu�: . L��nd�•r � h:tll h�• �•ntitl�vl to eolle�t
<br /> in �ut�h ��roceeding all expense� uf for��i• lo=urc . iurlu� lm�; , hut nut luuitrd to . ru.t . ut � iuruuu•utar�� �� �� idrncc .
<br /> ab�tracts and title mport � .
<br /> 18. Dorrow�r's Right to R�inrlat�. \ otwith.tatulmK Lcudrr � u�•��rleratiuu of the .wu., .o•ew•ed bV thie.
<br /> Mortgage, Borrower shall have tl�e right to ha�•c any � �rciceedink. hegun b}• L�,nd��r tu �•ntore�• rhi� AfortKagr die-
<br /> eontinued at any tirne prior to entry oi a � udKment i•nfc�rit� R thi � VnrtRa�;�• � f n� i }Sorrow �� r pay. Lrnd�r all
<br /> sums whieh would be then due under thi� Aii�rtKu�;�• , tli�� \ote un�i notr� ��•�• urink Futun� A�icxnce� , if nm• , had no
<br /> ne�eleration uecurreai ; ibl Korrower curr� ull breuclio, ut :u « oth�� r ou� i•n:tnt . ur akrri•nu�ntn ut 13m•rower con-
<br /> tuined inthis :�fortgaqe : Icl Borrower pay. ull n•asouabli• �:c� �i�n.��� iururn•�i Ir�� L�•nd� r in � •nluro�n�; th�• �•o� enants
<br /> aad sgreements of Sorrower contained in thi� \lort �:i �;i• anci n � �•ufur�• inK L�•n�1�•r '. r��u �edic.� :�. � �ro� ided in para -
<br /> graph 18 hereof, including, but not limited to , rea�onabl�• n� turm•y .: u•r.. . :im { � d i }iorruw �• r t xk�•s �uc•h act �un a. ,
<br /> I.eader may reusonrbly require tu asKure tLat Uie lien ui tlii� \lurt �aKe . Leuder '� inter��.t � n th<� Yro��e•rt �� and
<br /> Borrower's obligstion to pay the eu�nn srcured by thi� \ iurt �,u�:;�• - h:� ll cuntiuuo uunupairc.i . L' E �ou .uch � ,#yu�ent
<br /> and cure by Borroaer, this :1lortgaqe and the obliRxtious recurrd herrL� .hall reiuxin i �i full Curce xnd �•f�'rc1 as if �"'" '�
<br /> no soceleration had occurred. �
<br /> ( f0- Af�i�wet o! 11Mb: llppeinirat d R�e�itir: I.�nd�r in Pwwaion. Ar sdditional sec�nty hcrF- �
<br /> utMier, Borrower hereby essigae to Lender the rents of thr Yropen �• . � �ro��i�led that Borma�er .hsll . ��nor to acceler-
<br /> rtion under paraqraph IS hereof or abandonrnrnt o( the Yro��ertv . hari� the riKht to oollcv� xnrl retxin �u�h rent�
<br /> as theq beeome due and psyable.
<br /> Upoa aeeelentia► under �uregnpii 18 hereof or abandonmi�nt uf the Yro��ny , Lrnder, in �H•rson . b�• aRrnt
<br /> oc by joditially appointed receiver nhall be entitled to entrr u�wn . take �xu:�r��iuu ui und manay�e ih[� YropeRy "`
<br /> and to eoile�et the rdits of the PiVperty. inciudif�K thuee ��ac�t due. All rrntc i•ollrctrii h� Le•nder or tLr rrei�i �'��r
<br /> sLull 1� r}�liwl fi1t�L l.0 prywnul uI 66e eue�U+ af wx�wget+�rui oi tiir Y �v��eny xu� i �•uii����uuu w rrm .. . iuriuu � nK. rwt
<br /> noL limited to, receiver's tec�;, pre�niunu ou n-ceiver'r twnd� xnd n•a�uuxblr nttornr�� :� frr. . au�i tlu�u tu � he rwu>
<br /> seeured by thie lbiort,qage. I.ender and the rrcrei�•er .hxll I.�� linhl�� io xri•uunt unh• for tlio.i r� •nt > aotu:� ll} r. �c�•i � od �
<br />�..
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