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<br /> not extend or �iost.pone thc due date uf the inont.hly inscalhuents refei•:•ed to in p��ragrspl�s 1 and '2 hereof or
<br /> change tl�e alnount of sucli installrne*iGs:
<br /> r10. Borrower Not Released. Lxtensio�i of the tiuie for �aa�•ment or inodificat.ion oi timortiza,tion of the sums
<br /> secured bythis \4ortguge gruiitecl' by T..endei' to au�y �uccessor in intca�est ot Borrower shall not .operate to release,
<br /> in any �i��ivier, the lia�ility of the original 13orron•er and 13orro���ei 's succ,essors ia interest. Lender shall not be
<br /> required to eommenee' proeeeclings againstsueli suecessor or refuse tq e:ctend tirne for payment or otl�ertivise modify
<br /> G�) amortizaCion of tl�e suins secui�ed by tl�is \fortga�;e by rec�sou of any� deinand made by tl�e original Borrower and
<br /> r r-+ Borrower's successors in interest.
<br /> �;; 11. Forbearance by Lendez Not a Waiver. eluy forbearance Uy Lender in exercisin� any right or remedy
<br /> u' hereunc9ef•, or otlierwise afforded by ap7�licab]e la�v, ahall not, be a �j�aivcr of or preclude tlie exercise of any right
<br /> �, or remedy hereundei•. The �arocm�ement of insurauce or the payment of taxes or other liens or charges by Lender
<br /> " shall not bc a �vaivex• of Lender's right to accelerste tlre `matm•ity of the indebtedness secured by this Mortgage.
<br /> 12. Remedies Cumulative. All renieciies provided in tliia \Toriguge are distinct and cuinulative to any other
<br /> � right or remedy wider this \Iortgage or nf{orded I>�� la«� br cquii�• , and �nay bc exercised concurrently , independ-
<br /> � ently or successively.
<br /> 13. Successors and Assigns Bound; Joint and Several Liability; Captions. Tlie coven.ants und agreeinents
<br /> � herein contained shalCbind, nnd the rigtits hereuncier shall inw�c to, ihc respectivc successors and assigns of I.ender
<br /> 1 ' and Borrower; subject to the pro�•isions of pxragr.ip;� 17 hereof. :1ll covenan[s eine9 agrecments oi Borrower sliall
<br /> ' be joint aiid several . The captions and I �c:idin�s of tl�e paragraph� of this :1lortgage are foi• conaenience only and
<br /> are not to be used to interpret oi• define tlic, ��i•ovi�ions lie.reof.
<br /> 14. Notice. Any notici; io 13o1•row�ei• pio�-ided for in fhi� Alort��;atiger �hall be �;i�•cu l�iy �nailing such notice by
<br /> certified inail .�ddressed to Borro«•er ai tl�c Yropert�� Addi-e�s state<t bclo��� , rzcc��t, for un�- notice requSred under
<br /> � part��rap,h � 18 hex•eoF to be gicen fo Boi•i•o���er in tlic inanner ��i•escrihed by applicable 1.1«�. �ny notiee provided � � �
<br /> ' for in tl'�is 33ort6age shall be dcemed to ha��c been given Lo I3orro���er �rLen given in tiic manner design��ted lierein.
<br /> 15. Uniform Mortgage; Governing Law; Severabi&ty. '1'his form oi mortgage combines uniform covenants
<br /> for nationt�l use snd non-uniforni covenauts �vit.L limiied ��aritltions I�p jurisdiction to constitute a uniform secu-
<br /> rity instrument covering real property. This \ Iortgage shall l >c governed by the law� of the jurisdiction in which
<br /> the Property is located. In the event ihat nny provision or clause of this \.fortgagc or the Note conflicts with
<br /> �' applicable law, such conf3ict shall not affect otl�er pro��isions of this \fortgage or the Note which can Ue given
<br /> effect without the conflicting provision , snd to tliis enc9 the provisions of t.he \tortgage :lnd the Note are declared
<br /> to be severable.
<br /> 16. Bonower's Copy_ Borrower shall be iurnished a conformed copy of this :�tortgage at the time of execu-
<br /> tion or after recordation hereof.
<br /> 17. Transfer of the Pzoperty; Assumption. IC all oi• any Part. of tlie Property or an interest therein is sold
<br /> or transferred by I3orrower without Lender's prior written consent , excludin� � a } tlie m•eation of a lien or encum-
<br /> brance su6ordinate to this \Iorigabe , ( b ) the creation oi :x purchase mone�� security interest for household appli-
<br /> anees, (c) a transfer by devise, descent or by oper.xtion oS ]aa��� upun tl�e deatli of :� joint tenunt or (d ) tlie. grant of
<br /> any leasehold interest of tiiree years or less not. containing an option to purchase, Lender may , at Lender's option,
<br /> declare all the sums secured by this VIortgage to be iminedi�tcly due and payable. Lender shall have waived such
<br /> � option to xceelerate if, prior to ihe s�le m• tranafer, Lender and t6c p��:�on to wl�om the Property is to be sold or
<br /> trnnsferred reacli agree�nent in writii�g t}iat thc credit oi sucli person is sat.isfactoi•p to Lender and that the interest
<br /> �aysble on the sums secured by this \lortgage shall be at sucl� rate .�s I,ender sh:�ll request. If Lender lias waived
<br /> the option to acceler�te proviled in this paragi•spli 17 and ii tiorrower's succes.or i�i interest ]�as executed a �vrit-
<br /> = ten assumption agreement accepted iii wi•iting by I.ender; I.endet• shall release Borro�ver from alt obligations under
<br /> this Mortgage and the Noie.
<br /> ; If Lender exercises sucl� option to acceterate, Lender sha11 :r��il Borrower iiotice of acceleration in accordance
<br /> �vitti paragraph 14 I�ereof_ Such noticc sliall pro��ide a ��eriod ui not less thuu 30 d�ys from the dute. the notice is
<br /> mailed witliin whicli Borrower �u�y pa�• the sums declarecl dua If 13orro�ver fails to pay such sutns prior to the
<br /> expiration of such period, Lender �nay , ���ithoiit. further notice m• �lemand on 13'urro�ver, iirvoke any i•emedies per-
<br /> mitted by paragraph 18 2iereoP.
<br /> \�ON-LTNIFORhL CovFxw:� ��s. Bori•o�cei� ancl Lender furtl�er coven<znt and a�ree as follo���s :
<br /> 18. Acceleration: Remedies. Esce�n as pro�'i�le� ! in � r.u•agra ��li 17 hercoS , upon Borro�ve�'s breaeh of any
<br /> covenant or agreement of �3orro«�er in thih \1ort�;a�c, including tl �e co��ensnts fo �iay w6en ciuc any sums secured
<br /> by this \Iortgage, Lender ��rior to acccicrutian aliatl niail notice to Borro��•er a� �n•o�'ided in pzr:ig�aph 14 hereof
<br /> specif,ying : ( 1 ) the breacli ; (21 thc :letion rcquired to cw•c sucl� l �rcach ; 13 ) s dutc, no6 less tlian thirty aaps � � �
<br /> t from the date the noticc is tnailed to 13orro�rer . bc �+�I�ich �ucli hre:ich iuust be cin�ed ; and ( 4 ) that failm�c t.o cure
<br /> 'r such t�reacU on or bePore the date specified in U�e nutice may result in :acceleration of tl�e sum� secured by this
<br /> '_Vlortgage and sale of the Property. If the l�rirach is not cumd on or before tl�c date ,pecificd in tPie notice , Lender �� � � � �
<br /> � at Lender's optian may declare all of the swi�s secured i>y this ��Tort.gagr to be immediatelti due and payable � � �
<br /> � without further demand and rnay foreclose this \iorl,gage bv j udiciu l �iruceeding. Lenr.ler shxll I�ie entit�led to collect �� �
<br /> in such proceeding all expenses of foreclosui•c, inclueling, hut not ] imited to . costs of docuu�entar�� e��idence,
<br /> uUstracts and title reports_
<br /> 19. Bonower's Right to Reinstate. loiw•ithatanrling t,euderb acce.leration of the sum� secured hv this
<br /> Mortgage, Borrower sha�ll have the right to ha��e :in,y ��roceedinge t�egun by T.en�ier to enforce this 1lortgnge dis-
<br /> continued at any time prior to entry of a judgmenc enfoxcing thi; \'Iortgage if : ( al Borro�i-er pays Lender all
<br /> sums which would be then due under this �Iortgage, the 1'ote nnd notes securing Futurc �d��ancc�, if uny , had no
<br /> acceleration occurred ; ( bj Aorrower cures all breanc�� of auy otlzer co�-rnants or agreements of Borrow•cr con-
<br /> tained in this Mortgage ; ( c ) Borrower prtys :�ll reasw�ablc e���enses inturr•ed b�� l.ender in cnforcing tlie co��enants
<br /> flnd agreements of L�orrowcr contsined in thi� \dnrtenz� nnd iu ��nfor�•in� Lc�rnlrr's remedies ri� � �rm�ided in para-
<br /> graph 18 hereof, including, but not litnited to; re;tsonable :ittorne�- '� ice.� : anrl Id ) Borrorver txkes such nction as
<br /> Lender may reasonably require to assure tk�at tl�e lien of this \lortgnge . Lendei's ieterest in the Property and
<br /> Borrawer's obligation to pay the sums secured by this lIortgac;c �hall rontinuc iinim��aireA . i?pon such F�ayment '
<br /> and cure byBorrower, this Mortgage and the oUli�z�tions .ecured hereh�� sl�all remain in full force and effect as if ,,.,;,y � ,: , �- w
<br /> no acceleration had occurred. `
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<br /> 20. Aesigament of Rents; Appointment of Receiver, Lendez in Possession. a> uddiiioual securii.y here- yA � ;'k'
<br /> under, Borrower hereby assigns to Lender tlie rents of the PropeiKy . �n•o�•idcd that Borro��•er shall , prior to aeceler- �`
<br /> � ation under paragraph 18 hereof or abandon:nent ot tl�c Property, have tlic right to collect and retain eucl� rents
<br /> as they become due and payable. ` ''�` Y
<br /> Upan acceleration under puragrapl� 18 hereof or abaindonment of the Yropert�• , Lender. in ��erson , b�� xgent
<br />� or by judicialiy appointed receiti�er shatl be cr.titic<� to entc; u;ion , ta'.:c ,as e ., :cn of :ina :.z1r .;;c ; l=c. Proj�crt.�
<br /> � sad, tp eollcct thc rents or tl�c Yrop.,zt;;; c��ding Yho;c j�a�t duc . 1 � 1 icnts cotl�<•te�i }>>� Lender ni• the rocei��er �
<br />�� �_ i � �:L ""r ' .� c__c ' r .t ._ r � ' ' .
<br /> � � 6amaa . �e a�}n.icu uaao ZG j) 'uy'aii0iau va b1lC CVBLb Vl ii]&rixtZ7,caileiii. Of i �lu '�tv�iCYiV zillu CViiet UUn uf � eui.� , tiii'iut� lnk;, i.�Ui.
<br /> not limited to, receiver's fees, premiums on receiver s bond� and reaaonuhle attorney '� fee�. and then to the sums
<br /> �ecured by 'thiF Mortgage. I.ender and the receiver chall be liahle to account onl�� for thoce rents actuallp received .
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