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<br /> not extend or �iostpone the due date ui thc montlil}• in.�t ;illnient . referred to in �inragraphs 1 and 'l hereof or
<br /> change the amount o[ sucl� instalime�ts .
<br /> !0. Bonow�r No! R�bas�d. Extension of the timv for � �ayment or modification of amort.ization of the sums
<br /> secured by this �4lortgage granted by I .ender to �n,y �urcessor in interent of Borrower shall not operate to release,
<br /> in any rnanner, cl�e liability of' the origival Borrower and liorro�si�r'. ,uccessor� in interest. 1.ender shall not be
<br /> � required to comn�ence �>roceeciings agaicist such xuecessor ur re• tuse io exGen�i time for pay�nent or otherwise modify
<br /> amorti�ation of the xurns secured by tliin � lortgage b}• reasou of :tny deinand mac{e b,y the originat Borrower and
<br /> Borroaer's successots in intareet.
<br /> ww 11. Forbbrmes by L�ad�r Not a Waivar. Any forbearance by Lender in exercising any right or remedy
<br /> ;,t;; hereunder, or otherwise afforded by applicable la�c , shall not be a waiver of or preclude the exerciae oi any right
<br /> ; .t i or remedy hereunder. The pirocurement of insurance or tl�e � �aymeni of tsxes or other liens or charges by Lender
<br /> 1��. ahall not be a wuiver of Lender's right to accelenite the maturity of the indebtedness secured hy this Mortgsge.
<br /> ,;= IZ R�m�di�s Cumulativ�. All re�nedies provide+l ii� this \lortgage are distinct and cumulative. to any other
<br /> � right or remedy under this �Iortgage or affordc�i Iw ls�v ur oquic }• , und muy bc exerci,ed concurrentl,y , independ-
<br /> ently or successively .
<br /> � l�. SuecNwrs and llraigas Bound: Joint m+d S�veral Liability; Captions. Tlie co�•enxnts and agreements
<br /> � herein contained shall bind , and the rights l �ereunder �hull inur�� to , thc respectivc .uccessor; snd assigns of Lender
<br /> � and Borrower. hubject to tl�e provision. oi � �ura�;r,y�l� 1 ; hemol. .111 i•o�•i�nantn :ind :tgreemetits of Borrower shall
<br /> be joint and .e��eral . 'I'he �aptiou. und lirxdin�s ot tl�r � �urx�;r.t� �h. of thi� \ IortRa�;e :ire for com�enience only and
<br /> are not to be used to interpret or define the ��rovi�ion� I �creoi.
<br /> l �. Notie�. any nuticc � u Borrower � .rocidcd ior in tl � i- \lurt �;ugo nh:i11 h�� Ri � eu by mailinq nuch iwtice by
<br /> certified u�sil addresced to Surro�cer at tlir Yru� �ert � .��idre�.� �tsu �•d helo�c . oxee��t 1'or auy notice re��uired under
<br /> paragrsph 18 hereof to bc �;i�•t•n tu Bmi•o�� cr iu the � uauner � n•�•scribed I ��• a� �� � liceible I :s« . any nutiec provided
<br /> for in tliie �tortgage .4all bc• dee�ued tu ha��c hcon Kivi• n tu liurru�c��r when �ivcn In tl �c inanner � iesiKnated herein .
<br /> 15. Unitorm Morlqage: Gov�rasing Law; 3everability. "1'hi= iurni ul � uurtg�Ke cumbines uniform covenants
<br /> for national use and non-unifarm covenauts with limital �:u•� atiun, li�� jurisdiction to constitute u uniform seeu-
<br /> rity instrument covering real propert}•. 'Cl� i, \ lort �u�;e ,hull I ,o gu ��ernrd 1�}• the la�r ot the jurisdiction in which
<br /> the Property is located. ln t6e event that :iny pro��ision or clau,c oi Uii, A1or4gage or the Note conHiots with
<br /> applieable law, such conflicc shall not uffect ot {�er � iro��ision� ot" thi� \lurtgsge or the Note which can be given
<br /> effect without tl�e conHicting provision , und to thi� en� f the � �ru�-isia�s of tlie \lortgage and the ?�Iote are declared
<br /> to be seversble.
<br /> li. Baxrow�r's Copy. Borrower ehall he furnished a �•onformed c•op}� uf this \1ort,gage at the time ot execu-
<br /> tion or after recordation hereof.
<br /> 17. lraaai�r of !he Prop�rty: Asaumption. If al l or uny psrt of the Property or an interest therein ie sold
<br /> or transferred by Borrower without Leuder'. prior writt ��n consent , excludin� lai the creation uf u lien or encum-
<br /> brsnce subordinate to tliie \lortgage, ibl tl�e rreation of u � �urclianc monr�- security interest for household appli-
<br /> ances, ( c ) a uansfer by devise, ��escent m� hy uperation ui l :��c u��un thc deat}i uf a joint t.enant or (d ) the grant of
<br /> uny leasehold interest of chree yeare a• len� na �•ontain � n�; an opr ion to �iurvhxse , Lender may . iit I.ender's option ,
<br /> declare aU tl�e sume �ecured b�� thia Mortgage w be iuimediati• 1�• �iuc and �iay�tblc�. Lendei• shall have w�aived such
<br /> option W accelerate ii, prior to tLe sele or trssn,ter, Lrnder uu�i t I�i� � x�rwn to who�n the Yroperty is to be sold or
<br /> trant�ferred reacdi agreemenc in writing that the credit. ot ,uch � �m.on in .atisf�sct.or�� to Lender and that the interest
<br /> payable on the sums �e�vred by thia �fortKugc nhall li.• ut �ucl � ratc x� Lrnder ,hull reyuest . If Lender has waived
<br /> the uption to accelerste provided in this parngraph 17 :tnd il liorroH•er 's .�u�•i•en.or in interest has executed u writ-
<br /> ten aseumption agreetnent accepted in writ �ng by Lender, L�•nder �hall rcleaae Borrower irotu ull obligations under
<br /> thie Mortgrge and the Noce.
<br /> If Lender exercise� sucL option to xccelerute , Lender sliall �u �il 13orrower notice of acceleration in accordance
<br /> witL Eiaragraph 14 hereof. �ueh notice �luill � �ru��idv a � �erio�l ui nut lr�s tl �an 30 �iuv� frotn the date the nutice is
<br /> msiled within w6ich Borrowcr nixy pay� tLe euui. .ic�• Ixrrd �luc. li Bm•row•er f:iil� to pa}� �uch nums prior to the
<br /> rxpiration of such perial , Lender ma}• . �+� ithuut fu3-tl�rr uotic�• or � ieu �and un }iorro�rer, in�•oke any remedies per-
<br /> mitted by paragraph 18 I�ereof.
<br /> ��ON- I � NIFUNM � �OV6:NANTF. I3U1' PO�t'PP .ill(1 I .ClII�PI' t�UPt �IP]' COVI' Ilt1TlY 2Ll( I A}�'CPl' kiN YOI� OWh :
<br /> 1 !. Jlee�bration: R�medi�s. F.xre��t a� � , ro� i� lo� f ii � � r,iru�i:ipli ] i 1 �.• rcoi, u � wn 13a•ruwer'. hrench of any
<br /> covenant oragreeiuent of Hon•o�� �v in chi., \1urt �;ako . inrlu� linR tlu • rocon�nts tu � �ay wlu�n du�� an �• �um. ,e�cured
<br /> bV this 1lortgage , Lender � �rior tu acc�� l�•rutiou �hall � u;ul nuticc ti� Borro�c�� r u� � u•o�• �dc.i � n � iKraKrsph 14 I�ereof
<br /> specifying : I1 ) the brrxch : i 'l � thr aruun rcyuinsi tu �•uro duch I�ri•arl � : � 31 ,t <iatr , nut Ic.. � hxn thi ��ty dsVh
<br /> froui the dat� Uu� notice i.� uixilt�l to 13urro��'cr . hc �rl � irli >ui•li lu-o:u�h � uust Ix• eurr� l : nn�i 14i tl�at faihu•i� to cttre
<br /> �uch bresch mi or belore tlu• date s�ierilie�l iu � I �c nutii•i• u�uy r��ault � n uece�lrrxtion u[ tho �u�u• .ecured by this
<br /> 1lortgage xnd sale oi the Yroperty . 11 tlic hrcucli i> uut �•ured or, ur heturo tf � c dnte ,Eieciticd in tLe notice, Lender
<br /> st Lender's option may declar�• xll u( thc• .uni, sr��ured I ��• t I�i� \tortKage � u he imme�tiately du� �ind payable
<br /> withuut turther deuiand und �nay furrolo.�• tlii. \lorf K:i�o I ,v i �l�iicial � iro<•r�•din�;, Li�nder .lixll he ��uticled to collect
<br /> in such proceedin�; al] expeu.e. of forcclo=ur.� . inrlu� liuR , hut nut li� uito�i to . �•o,t . 01 doi•uiui�ntury evidrtice ,
<br /> abstract� and title r�ports.
<br /> 1/, ieerow�r's Aiqht to B�iedat�. � otKithct:indiuR Lender'. .u�celc•ratiou u( the ,wn� ,ecumd by thia
<br /> Mortgage, Borrower shall have the right to ha�•e any � rcocecdinRt f �rKun by L�•n�ic•r tu i�nfurv•�• tYiis \1ortgage dis-
<br /> continued at any time prior to entry of a JudK��lent c•ufoTeiiiK tl�i> \1orc �;aKe if : i .ii Borrower pays I.ender all
<br /> �umt which would be then due under thie � lonKaR�� , th�� \ote :ui� i notc�o- �rcuriu�; Futuri• A�i �•xnce� , if am� , had no
<br /> acceleration occurred : ibl Borrower rure� all brcai• h��� uf ;�n }� orher ��ov �•nsnt � or :«:rc•einent � ot 13orrower con-
<br /> tsined ia thie _`Nortgsge ; Icl Borrowrr psv� sll rettsonabli• ryx•nsr. incorn•�1 h�• L�•nd�•r in �•nforv•inK thr co�•enxute
<br /> and a�e'eement� of Borrower oontained in thin �lort �;:ike and i �i rntor� �nk L.•n� 1c•r'� rv•u�edie, sr � �rovided in j�aru-
<br /> gnph 18 hereof, including, hut not limitcvi to , rrxsonal �le anorne�• '.� iee> : an �i i � li Aurro����r txke� wch action as
<br /> Leode! no�y rearon�bly require to as-sure that the lien ol thi� \lurtKaKe . L��udi•r '� mterent iu thc Yro�mrty and
<br /> BOereWet's obligstion to puy the swnh secured hV thic \1ortKaR�• .< ht� ll runnuue uniu���aired . ( ' �,uu .at'h �iaytuetit �
<br /> aod eure by Borrower, thic '.1�Iortgage aud the obligxtiuns �e�•ured In�n•h� .li»l I r��waiu iu full furee and effi�et as if ' +
<br /> no aeoebr�tiaf had occ�rred. �„'
<br /> � �. �ri�rat e! i�M; ApOaiets�et d H�t�iv�r, l.�r in Pw�e�aion. A, a<lditional securi[y hem- �'
<br /> ueder, Berle�vet heeeby reistfe to I.enAer tlje rents of t he Pro��rt �• . �n•o�•i�icvi that Borrow•er Fhall , �irior to �cceler-
<br /> pfaoe und�er p�r�raph IS hereof or abando�ment of the Pro��erty . hs�•e the riKht to collect and rctain euch rents
<br /> as ther heee�ne dve awA �+syaMr
<br /> L7�oe� oeoe+k+wt.ion uader �wtvigrrE�l� 18 6�•n�a+f /11' MI�NINIINIIOt'IN ut the }' ru� wrty . L�•uJrr . in � ier�.uu . bv nkrut
<br /> o� bY 1�+��Y �ated receiver ehaU he rntitic+d to cnter u��on . take ��owNer�ion of and ivanxke the Prof�erty ,,,�
<br /> aed te eo(ieCt the reeb of the ProperLy , includin� thoe� paet due. :� 11 rrntr eollr�ted b�' I.t+n� ler or thc rei•eiver
<br /> shall be a�alied fiest to paytuent of the corte ot uianaKeroeiu of th.• YroEn•rty au� i culli•i•tiun o� rcnt.. , in��ludinK , t ,ut
<br /> aat liafited to, reoetver's teea, premiume on mceiver ', iwud� and r�•a.oni�blc attorne�� '� tet•s . ;u�d thrn tu the .mn�
<br /> secured by thu Mortaage. I.ender and the receiver rhxll F�o liublc� to x�eount unl }• tor thuxc� n•nt .� artui�Ih• rv•eci��e�� .
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