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<br /> not extend or �iostpone the " due �iate oi the monihl }� io�t >illnirnls ri�terred to in paragr:�ph> 1 •:ind 'I hereof ar
<br /> � change the amount. of such mstalLnents
<br /> � 10. Hoerow�rNot R�bawd. EYt.ension of the time t'or � ,a}•ment or moditication of nmartizatiun of the sums
<br /> � cceeured by this A4ortgage granted I,�� I .ender to am� -u��ee�ssor m intc� rest ui Borrower .�hall not operate to release ,
<br /> �. in any �nanner, the lia6ility of the original 13orrowei• uud 13orro�ci�r 's ruccr�sor:s in interest _ I.ender sliall not be
<br /> � � required to commence proceeciings against nucli burer.ssor or reiu�.• co ex4end time for puyment or otherwise modify
<br /> � an�ortiaatiori of the surns seeured by thi� \lortgvge i ,�� rcasm , oi sny de�nand niade tn• the uriginal Borrower and
<br /> ^ Bor�sver's successors in interest.
<br /> ^ 11. Porb�m�me� by Lad�s Not a Waiv�r. Any (orbearancc hy Lender in exercising �ny right or remedy
<br /> hereunder, or otherwise aBorded by ypplicnble 1 ��� , �hall not he :i wssirer oY' or G�reclude the exercise of an�• right
<br /> or remedy hereunder. 'The procurement of insurance or tlie � �a}anent o( taxe. or uther liens ur charges by Lender
<br /> ahall not be s w�iver of I.ender's right to accelerxte the maturity of the indebtednesy secured by t,his 1lortgage.
<br /> 12 E�m�di�sCumulafive. All remedies pro�•ided in tlii� \iortgaqe are distiuct snd cumulative to any other
<br /> right or remeciy under this � IortKa�e or s�H'mvie� l h} ]s�c or �•yuit �• . ;u�d ma�• bi� c�xerc�i,ed concurrently . independ-
<br /> ently oreucceseively.
<br /> 13. Suee�s�on md Arsigas Bound; Joint �d S�veral LiabiGty; Captione. '['hi� co��euunts and agreements
<br /> herein contsined ahall bind , aand tl�e rightn tir, rrundc:r �l �all inure tu . tho respectiv�� ,uccessors :ind aasigna of I.ender
<br /> and Borrower. :ubject to the provieion. of ��;�raKru � di i ' I �en•of. .� II .•u� ��nant � an� 1 :i�;reemrnts o1' Iiorrower shall
<br /> be joint and se� eral. The �•a� �tion, snd hcadingc ul tli.• � uira�; r:.� � li� ui tliis \ l � �rtk3};e sre for �•ui� renierice only and
<br /> are not to be used to interpret ar define tlio ��ravi� iun� liereoi-
<br /> 14. Notie�. .4m� noticc tu Borrow�v � �ru��i� io� 1 fur iu thi- \ lurt �zi�;� . hall bo �i� ��u I �y � �iailing �urh nu[ice b�•
<br /> cer[itied mail addreeaed to Borrutcer ut tlu• Yru� rerty .��idre..., .,r,ito� l lu�lu�c . � •xirtit lur :ui�• notiee rrquired under
<br /> F�araKruph 18 liereof to ho �i �•en tu BorroH �� r ii � ih�• in:tun�� r � � rc.�• ritr���i I ,�• :t��� � l �rahle I :t�� . =1m• notic�� � �ro��ide�:1
<br /> torin this \lortgage �hall b�� de�cin�•d to lia��� I ��•�ai y�h�i•u tu 13unv��rr ��� h��n �;ici�u iu il �.� � uannrr � ie�iKuatr�i ticrein .
<br /> 15. Uniform Mortgage; Gov�raiaq Lew; Sev�rabili►y. "1'hi. iuriu ui u �oii �,aR�� � �u�nbine. unifonu co�- enants
<br /> fornational use and non - unifa'm covenant. �eitl � limit �vl � uristiun: I �}• iiirisdictiou to cwistitute u uniform secu-
<br /> tiEy instrwneirt covering real propert �� . '1'lii. \ lurtguqr ,hal ! f ,� , �;u�rrni�� 1 L�� tL�• la�s of th�• jurisdiction in whieh
<br /> the Property is located . ln the eveut thxt any � rru� isiuu or elau,c ui Ilii• \lortgag�� or the Vote couflicts with
<br /> applieable law , such conflict shnil not uffert oti �er � u�ovi,ion� o( thi= Alurtgage or the Note which can be given
<br /> eSect without tl�e conflieting � �ro�•isiou , and tu tlii� en�i the• � �ru � inion- ui tlic \ lurtga�;e :sud the Note am declared
<br /> to be severeble.
<br /> li. Borrowr�is Copy. BorroH�er shall be furnislie� i n ��uniormed �•opp uC thin 1lortga�e at tlie time of execu-
<br /> tion or after recordation liereoi.
<br /> 17. Trmfabr otthe Prop�rty; Awumption. ] f all ur auy � �art ui the Property ur au intsrest therein is sold
<br /> ortransferred by Borrowerwithout I_e��der', priurwrittcii �•un,eut . �xcludin�; iai thr creatioii ut a lien or eneum-
<br /> brance eU�O!'(�lIl8tC l0 tllls �lortgage, i b � thc rreution u� a � nir<•I�u.r iuone}� .ecurit }• interest for houseltold appli-
<br /> ances , Ic ) a trane: f'er b}� devise , drscrnt or h�• u� n•r•:itiou ui ! :i ��: ii �wn tfie dcatli u1 u joiut tenant ur � dl tl�e grant of
<br /> any leasehold int,erest oi three years or l�-�a not oontain � u�; ;� n u��uuu t o purcliase . I,cnder maa- , at I.ender'e� option ,
<br /> declare all the sums secured by this �lortgage tu bi� n� uucdiatol � � luc :snd � �nyabl�• . Lendcr ,{�all l�a��e wxived suc6
<br /> option W accelerate ii , In•ior to U�e sale or tran.frr. I.euder uu� 1 tli�• � ��•i:.on to khuw tlu• Yroperty i. tu be sold or
<br /> transferred reacli agreeitiem in writing t6at tl �e or��dit ui ..ucli � �ernun i� .at �sf'actor� tu Lcuder and that the intereat
<br /> payable on the sun�s secured by this \3ortKage .hall Lr at �url � r:uo a� Lcnder .hull reyucst . I i In,nder has wai�•ed
<br /> the option to accelerate provided i�i tliis �,sragra� ,li 1 ; :, ud ii liurrouei• '.. .<uce��ssm� iu inerrr�l ha, executed a writ-
<br /> ten usriwuption agreeiuent accepted in wr�ting by ] ,en�lrr, Len�{rr .I �xll rclea�e Burrower frun � alI obligabione uuder
<br /> this Mortgage and the Note.
<br /> If Lender exercises suc6 option tu ucceler,uc , lxn�er ,hall � uui ; }3orruwer uocice oi accelrration iu accordance
<br /> �vith }�aragraph 14 herrui . �ucL notic�� ..6zJ1 � �ro�� Sdo a � ,rriu� i oi uu� Ir., tlian 30 � iay� fruiu the date the� notice i�
<br /> itiailed witl�in wl� ic6 fiorrowvr wa�• � �x� tl��• .un �.; �1�•olsm� i � iu�• li liorru�� or fail . tu � �:iy .uch .um, prior to the
<br /> expiretion of such ��ericx9 , I.ender �nay . �cnLuut fuitili �v uut �c� � ur � {�•iu :snd un }iurroH� er , iu ��ok�� an�• mmediee �,�er-
<br /> rnitted by paragrsph 18 hereof .
<br /> \oN - T ` � � FOKm ( 'uvr: N .� :. ��n. RurruH �• r nu� l L��n� ler furth�� r rn ���• > > ,iut .in�l a��rr�� a , 2'ullu�c ,: :
<br /> It. Aee�rafion: R�medi�e. f:ace � ,t .�� � u�u�� ri �•. i iu � �:u�u�;ru � � l : li h�� rcof . u� �uu Borru�+�er '� breacl � ot an�.
<br /> eovenant or agreement of Horru�ci• r in tlu � \lurt � u�;� • . � uclwliu� tlii ��u� �•uant � tu � �a� �� hi�u �lu�• nm� .uni. .c�cured
<br /> by thie \IortgaKe . Lender � �riur tu a�•��elrtauou > liull u , :ul uut �ce � u Burru�ri• r u� � �ru�� �� to� l m � �ura�,ru� �li 14 Lereof
<br /> n��ecifying : I11 thc br�nc•h : i 'l � thi� artic�n n�� � uirr� i tu cun� - ucli hn•acli : i3 � :� �1nto . not I.•.., tlixn th� rtt� da�•s
<br /> irom thedate tlu� notii•r i� � uaile�i tu liurru�� � � i . I � v �� l ; i � i � .•u � I � I , rcai� l � wu,t I �� � �� ured . an� { i4i t6ai fa � lun• tu �•ure
<br /> .uch hreach on or bi�Por�° tlie datr .� �.vllird in � lic uu� i �•r uuiy m. ult an ucc� lorutwu nf tl �� .uw.: .r� urrd Irv this
<br /> 1lortgage xnd salr ut tt�a� YroF �ei1 �• . li tlu• bma�• li i. nut ourr� i ur ur hi- fur�� th. d:�r �� .pr�• � fi.•d Is � th�• uuti�•e•. I.ender
<br /> xt Lender's oFHiun uray dcclam xlt of' th��e .wn. srvurc•� 1 I ��� ilu. Vortka�o to b�� in � in�vGatt �- ty dui� an�i �iayable�
<br /> without further demand n�d ina}• forr� lusr tlii� Aturtk;i�� � I ��� ju� iir� ,il � u�or��r�din�; I .a�n� 1r•r �Lall hc runtle•� 1 to colleet
<br /> in nuch proceedin�; all expense. ui (ur.•clo,uro . ini• lu � { in� . hut n� �t liintti��i � �� , � u.t .� uf du�� uin�•ntxrv ����i� ir•ni•r .
<br /> abe?tracts nnd title report .x.
<br /> 1S. 30erowK's 1liyht to R�in�tab. Votwitl�.tun�lmR Li�ndrr '> nerrlr•ration ul th�� sun�� secumd i�y thi�
<br /> Mort�age, Borrower shali ha�•e tl�e right to hacr e�u�• � , roceedin �. I �rKuri b�• L�•nd�• r � u r�nforc�• ihi• Aiortgage dis-
<br /> cotftlnued et snV time priUr to entrV uf a � udK�uent cnfureink tlu� \ turt �aKr if iui fiurrow�• r � �s��. I ,rndr�r alI
<br /> dums w�hich would be then due under thi. 11ort�;u�;e , th�• \ute nrni not �-� �ecuriu�; f��utin�o Ad ��anc�•s , if anv , hsd no
<br /> aeceleretiOn occurreil : � l� � B�rruw �r r �r. � uli I ,� � u� � �� • „i zu � � uii ��v . ��� cnni , � . w :i�; rra�iurnt . u1 13orrower con-
<br /> tained inthis '_Viortgage ; Icl Burrowerpay� ull n•u.<unat ,l� � � � ���� �.,•. , w �um� i t �� L�•u� l��r u � �•nlurriuK ch�• ru� r:,xut�
<br /> aed a�reemeata of Bortower contained in thi� \furt �;uy�e ;ind iu �•ni��n- �nK L�•n� i�•r '. rciuedier a. pru� ide�l in { �ara-
<br /> eraph 18 hereof, including, but not limited to, rc-aruuai,l�- auurur} '� i�--e� . :iu� 1 � d i liurruwer � ake� nuch acuon an
<br /> I.eAdES miy reaeonebly requi7'e to sssure thnt thr lien ol tLir \1 � rtKxKe. L.•udav� �� iucrrr.t in � h�• Yru�Krty xnd
<br /> Borrower'e oblfg�tion to psy the sumE secumf by thi� \iort �;aq�� • hall �•ontinu�� uniw��airc��i t ' � ion �uch � iayrnent ' �!�
<br /> aad e�tre by Borrover, this Mortg�ge and thr obligatiun� �r��ured hrr��i ,�• .hal ! re•wain �n tull iorec and eHPC! ae if Mi"' .;�
<br /> ao aoeeieeftioa h�ai oocurred. �
<br /> { � ���t aE �Mr ADp�eld�nt a! i�ewar: i.w�r ia Poye�ion. Ar add�t�onnl srcunty tiere-
<br /> i uodee, Bort�oser ifereby aaRi�s to Lender the rents of tlie Yro}�ert �• . E �ru��idvcl tl�at Borrow•er ehall . �irior to eacc�eler- ���ri
<br /> at�oe uaderpaaa`raph 18 hereof or ahandonment o! thr Yro�x�rtv , I �s� .• � ho ri¢h� to collrct and rrtain xuch rrnt.r;
<br /> ar ti�ey breeme due �nd paralsie.
<br /> L7S+ea reoelarrbiou ua�er �wragrr}�i� 1!f hrreot or at�andon�r3ent ot tllf• YCO�IPIYt' . I.��nder. in ��et�:on . i��� aRent
<br /> or �y iad�e;.t2y �ncaa roceiver s#�11 he entitled to enter uEwn . take• �wh�:e��iun uf und ineannRe the Pm�x�rt�• �.
<br /> aod t0 oOlklk t.lft rents of tlfe Ptqpetty . includitaF thoce part due. All rent �: colle�•tiri bv 7 .�-nder or the rc•rri ����r
<br /> ��1�� *!' 11��I!'d f1TT� t0 rE3'711PT1t Of tflC CO'�° of munagcmrnt Jf � � :l'. ��I'��i ;i i( �� .il�, i � �. iit � 1 ���i� �ii � a �iil . . i� �i� iu� i � �ik, . i �1� 1
<br /> not limited to, re�eiver'ec feer., lit�uiume on rmciver'. IK�nd� ;uid rrx�onxhlr ;�ttorn�•�• '� fce�. . ;uui then to the �um�
<br /> seeured bq thu Mortga�e. I.ender and the re+wiver Fhall Ix• lixblF• tu x�•c�oimt onl }� for thu�e ront � x�•tu:illv rro�- i � �vi �
<br />�.
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