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<br /> not extend oi• postpm�e the due date of the montlil�� insial :ments referred to in parngraphs 1 and 2 l;ereof or
<br /> ' change the amowit of such installments.
<br /> 10. Borrower Not Released. L�xtension of the time for �iay�neni, or modifica,tion of :imortization of the sUms
<br /> secured by this VIurtgage graiiteci by I.ender to any �uccessor in interest of Borrower sl�all not operate to Telease,
<br /> in ¢tny manner, tlie liability of the original I3o:•rower and Borrower's suceessors iu interest. Lender shall not be
<br /> required to coinmence proceedings agninst sucli successor ar refus� to extend time ior payment or otlierwise modify
<br /> � amortization of the sums secured l�y this \Iortga.ge Gy reason of any demand made by the- original Borrower and
<br /> Borrower's successors in interest.
<br /> 21. Forbearance by Lendez Not a Waiver. Any forbearance Uy Lender in exercising any ri�ht or remedy
<br /> hereunder, or otherwise afforded by applicable ls�v; sl�all not bc �. waiver of ol• preclude the exercise of any right
<br /> or rernedy hereunder. The procurement of insurance or t13e payment of taxes or otl�er liens or charges by LendeT
<br /> shall not be a waiver of Lender's Tight to accelerate tl�e maturity of the indebtedness secured by this Mortgage.
<br /> Z2, Remedies Cumulative. �ll reinedies provided in this �lortgage are distinct and cumulrstive to any other
<br /> right oT remedy under tl�is llortg�tge or afforde�l bp ta��� or equit.y , � nd mzy bc exercised concurrently , independ-
<br /> ently orsuccessively.
<br /> I3. Successors and Assigns Bound; Joint and Several Liability; Captions, Tlie covenants and agreements
<br /> � herein contnined sl�all bind , amd the rights I�ereunder ehzll inui•e to , thc res�>ective successors and assigns of Lender
<br /> and Borrower; subject to the provisions of paragrapl� 1 ; hereoC. :�ll covenants and agreemeuts of Borrower shall
<br /> be joint 2nd sever� l. The ca2rtions anci lieadinbs of the parsgra�ih� of tl�is Jlortg� ge are for convenience only and
<br /> are not to be used to interpret or define tl �e provisions l�ereof.
<br /> 19. Notice. Any notice to Borro��-ei• pro�•idecl toi• in tl> > � �Iortgage �hall lie gn•en by �nailing such notice by
<br /> certifi�d mail addressed to i3orro�ver at the Yroperty 3ddiev st;:ttcd belo�i� , cacet>t; for any notice required under
<br /> paragraph 181iereof to bc given to Borro�cer in thr, inanner prescribed by applicable law. Any notice provided
<br /> i for in this \lortgage shall be deeuied to ha�•c been gi��en to F3orro��•er «•]ien given in the ixianner designated herein.
<br /> � 15. Uniform Mortgage; Goveming Law; Severability. '1'his form of mortgage cornkines uniform covenants
<br /> for nationa] use and non- uniform covenavts witl� limited vai•iations by jurisdictiori to constitute u uniform secu-
<br /> � rity , instrumenb covering real property. 'This lSortgage shalt ue governed b,y tl�e Ia�;� of the jurisdiction in which
<br /> the Property is located. In the event tl�at auy provision or clause of tl�is il4ortgage m• the Note conflicts with
<br /> applieable Iaw, such conflict shall not affect other provisions of this \lortgage or the Note which can be given
<br /> ; effect without the conflicting provision, and to this end the provisions of tl�e \1m•tgage and the Note ure declared
<br /> � to be severable.
<br /> ' 16. Borrower's Copy. Borrower shall be furnished a conformed coi.�y of this Alortgage at the time of execu-
<br /> ; tion or after recordation hereof.
<br /> i 19. Tr¢naEer af the Property; Assumption. If all or any part of the Property or an interest therein is sold
<br /> ; or transferred by I3orrowei• �vithout Lender's prior �vritten consent, excluding (a ) the creation uf a lien or encum-
<br /> ' brarice subardinat.e to tliis tiloi�tg��e , ( b ) the creatiml of a purcl�ase inoney security interest for household appli-
<br /> `: ances, (c) a transfer by devise, descent ai• by opei•ation of Is��• upori the death of s joint tenant or (d) the, grant of
<br /> any leasehold interest of tl�ree years or less not containing sn option to pw�chase , Lender may, at Lender's option,
<br /> declare all the sums secured by t.his �lorigage tu be iuimediutely due and payable. I,ender shall l�ave waived such
<br /> option to accelerate if, prior to tlie sale or transfer, Lender and tl�e �ierson to �vhom the 1'roperty is to be sold or
<br /> ; transferred reacli agreemeni in writing tliat the credit of sucl� peison is satisfactory to Lender and that the interest
<br /> ; payable on the sums secured Uythis Jfortgage sl�ull be at such ratc as Lender shall request. If Lender hus waived
<br /> A the option to accelerate provided in this paragraph 17 and if 13orrower's successor in interest has executed a writ-
<br /> i ten assumption agreement accepted in �vriting by Lender, Lencier shssll release Borrower from all obligstions under
<br /> this Mortgage and the Note.
<br /> If Lender exercises such opiion to accelerate, Lender shall �uail I3orrower notice oi acceleration in rsecordance
<br /> �vitl� paragraph 14 hereof. Sucli uotice shall pro��icic ;� period oi uot less tlian 30 days frmn the date t.lie notice is
<br /> mailed rvitliin which liorrower may pay tlie sums dec]i�red dua If Borrower fails to pay such sums prior to the
<br /> expiration ot such period, Lendei• msy , �rithout furtliei• notice or �{einancl on I3�ori•ower, invoke any remedies per-
<br /> mitted by paragraph 18 hereof.
<br /> ; \�ox-UxiFoamr Gov�xa�T.. Soi•ro���er ancl Lende�• f'ui•tl�er coveiiant and a�ree as follotvs :
<br /> 18. Acceleration; Remedies. Exce�>t as pi•o��ide� i in � rlragr:i� �}i 17 liereof, upon I3orrow�er's breucl� of i;ny
<br /> covenant or agreement of Borro�eer in this \SortR:igc , inclndin� thc covenants Lo pay «•Nen duc anv swus secured
<br /> by this :�tortgage, Lender ��rior to accclerntion ahall nu�il noiice. to F3orro��•er as � n-ovided i�i paragr.xpl� ] 4 i�ereof
<br /> ' i specifying : ( 1 ) tlie brescl� ; (2 ) the action required to cure such brracli ; 13 ) :� ciate, not less tliran thirty days
<br /> froru Che date the notice is mailec! to I3orro�cer, b}• �chicii �uc( i brenrh iiiust be cw•ed ; and (41 that failure to cnre
<br /> � sucl� l�reacli on or Uefom tl�e date specified in tlic »otice ivay reault in acccleratian of the sum, secured by this
<br /> :�Zortgage and sale of the PropertS. If thc breacl� is not cured on or beforc tl�e date specified in the notice, Lender
<br /> at I,endei's option �nay declarc all 01 ihc sumc .�i•tired by thi� \Iortgage t.o be inunedi�tely due and psyaUle
<br /> witl�out further deznand and may forerlose tl�ia \lortgagc bp j udici.tl pi•oceedir�g. Lender shall be entitled to coilect
<br /> � in such proceeding all expenses of foreclosure, inclu�ting, but not limited to, co5ts of docuu�entary evidence , �
<br /> nbstracts and title reports.
<br /> ' 19. Borrower"s Right to Aeinstate. Votwitk�stanc9ing I.endcr's acceleration of the suin� secumd by this
<br /> ; Mortgage, Borrower shall have the right to ha�•e any proceedin�c begun I>y Lendcr co enforce thi. lfortgssge dis-
<br /> continued at any time prior to entry of a judgment enfoTcing this lfortgage if : Ial Borro�ti�er pa,ys Lender all
<br /> sums which would 6e then due under this �ioi-[gs�;e , the i��ote :and notes securing F�iture .�dvances, if any>, had no
<br /> acceleration occurred ; ( b ) Borrower uure� alI hmachc� of .in�• other cocenants or agreements of Borrower con-
<br /> tained in this Mortgage ; (cl Borrower pn��s �tll re�� en:: ble c�t�cnees i::cu::cd b}• T.cr.<ic, ;n ��nforcing tti� cuveii:�iit�
<br /> and agreements of Borrower contained in this \7ort};a�c and iu enforcing Lendcr:s reinedics as provided in para-
<br /> ! graph I8 hereof; including, �ut not, limited to, rEaconuble attorney '� (ee� ; and td ) Borro�i�er takes such action as
<br /> � Lender may reasonably require to fiscure that t }�e lien of tl�ie \Sortgage, I.ender's interest in tihe Property and �
<br /> ; Borrower's obligstion to pay the sums secured by this �Iortgnge sh.ill continue unimpuired. i?pon sur,h p,ayment •�
<br /> i and cure by Borrower, this Mortgage atid tlie obligakions secured hereb�• chnll remain in full force and effect as if - '
<br /> no aeceleration had occurred. ~ � � t�i �
<br /> 20. Assignmaat of Rents; Appoiatment of Raceiver; Lender in possession. :1s additional security here- •�r
<br /> � ; under, Borrower hereby assigns to Lender the rents of the Propert}•. �aro�•ided thxt Borro���er shall , prior to acceler- % "�`r '
<br /> ation under paragraph 18 hereof or abendonment of tl�c Pro��erty, hs�r. ti�c right to collect and retain suclz rents d���:"
<br /> as they become due and payable.
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<br />� LT„*�. ea sceeie;3,tion undc: I�aragr:,pli i8 t�.�reof ur ai,xn�iuument ui tiie Yioperty , Lender, in ��crson , by agent
<br /> or by� jndicia}ly ap,pointed re�eivcr shall Mo cntiYdc�i fti entcr uj>oi� , take � � �us,e"iuu oi lin3 m�unage ihc I'roperty �;,,'�
<br /> � and to. ¢ollect the rents oP� �the �Property, including those pact due. �11 rents collected hy I.endcr or � the recciver � � � � �
<br /> shall be applied first to Payment of the costs of management of the ProE>crty und collection of rents, includin�, bui
<br /> not ]imited to, receiver's feeti, ��remium�: ou raceivPr'G I����i. ;�nri r�>nsonahle sttorneti' '� fecs . ar. r? thcn to thc suins
<br /> secured by this i�Iortgage. Lender ssnd the receiver sliall 8e liable to account onl�� for those rent� ach�a�ih• received . �
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