_ � �
<br /> uot eXtend ur � iostpone the due daU� of ih� n �ontlil� iu.t :ill � uont � ro ��•rr<•� i tn in � �:u•:igruph� I aud Y, hereoY or
<br /> chnnge the amount of such installinent. .
<br /> 10. BoaowerNotReleased. L:xte��aiou of the tinie tor � r�yinent or iuodifici;tion ut' a�nortizntion of' the rutns
<br /> secured by this Alortgage grante� I,}� I .ender tu xuy �u� cec.<ur in inta�rr.c oi Borru�ser shall not uperate to release ,
<br /> � in any manner, the liabilit�� o! tl �e original Borro�e<�r :in� l }iurrowvv� 'r .uccessor:s in iuterest . I.ender shall not be
<br /> required to commence proceedings sgain,t �ticl � sw•��e.eor or r<• iu�.� � u exteu�3 time iar pa}��uent or otlierwise modify
<br /> utuortizatiot� of the eunis secured by lhi� \ lort �aik�� Iry rcasuu ui ;uiv � lem.xnd uiade b}• the original Borrower and
<br /> Borrower's euccessors in interest .
<br /> 11 . Forbaar�sce by Lsadez Not a Waiver. .4uy iorbearancc liy ] ,ender in exercising any ri�ht or remedy
<br /> hereunder, or otherwisc afforded by u� iplicable Is��� , =liall uot Le ;i n :ti �er ot m• precJude the exercise oi uny right
<br /> � or remedy hereunder. 'Che � >roeureineut of insuruuce or the � �a�� iuent ul tzixes or utl �rr liens or charges by Lender
<br /> 4, ahsll not be a wuiver of Lender '. right to accelerate tLe in:�turit,y of tLe indebtednes, secured by thie; \lortgage .
<br /> . 12. Remediec Cumulativa. All re�nedies t>ro��ide� i in tlii� \ lortgage are distinct snd cumulative. to any other
<br /> � right or remedy under this � lortga�;�• or :ifTunii�� l I ��� la��� or o� � i � ir�• . an� ! ni:��� I ��� ��ai•reised c•ouc�irrentiv . inde�re�nd-
<br /> � ently or suceessively.
<br /> 13. Succeasors �d Assiyns Bouad; ta+�t �d Several Liability; Captions. 'Ch�� i•o� ��n;tnts and agreements
<br /> t herein contained sliall bind . and tLe righis licre�.inder cl� all iniu��• tu . th�� re.� �er�tivo successar, and assigns of I.ender
<br /> �O und Borrow��r; �ub� ect to the provisiou. ui � ,.iraRr, i � Ji 17 h��rvot 1 � 1 ru� en.nnt . ;,�ri, 1 z�,� ��ewentn ol I�orrox�er shall
<br /> � be joint sud ze� eral "I'he r:i� �tiun � amf I �o;�SiuK. ol ti �o � �ursRr.� � � l �, of riii� A1 �,�rtRaRr� .nr for �vm ��rnione�• onlv and
<br /> sre not to be used to int��rpret or defim• tlu• � �ro��i�iun � h�•rroi. �
<br /> ld. Notiee. Au�� notici� tu Borru����• r � � rn�� i� lc� l f'ur in tlii� Alurt �,.� �„i� �iiall lu � �;ici�u h�• ii�uilinK sucli nutice b��
<br /> , �•ertified u �ttil uddrras�d tu Burro���cr :u � h� � Pru� �ertc _1 �{� Iro,. .uit � •� l I �rlu��� . �•s��iq , t tur :iny nutioi� myuired undrr
<br /> }�aragiuph IS livreof to Im �t ���•u tu liorrow �•r iu ilir nciuu� � r � � n•,eriho� l I ��� :i� q � li � ;iLlc Ln�� - :� ny noti ��r � �ro��icle� i
<br /> for in tl� i. Alor[�;u�;e •hall b� � decine� i to lis��c I �� •.�u Rn��• u iu }iorru�� � � r �� In �n �„i ����u in tli �• uuinni�r , i��•i�:n :ued lu�rrin .
<br /> 15. UsiforatMortgage; Governing Law; Severability. ' 1'lii� iunn uC iuurt � aR� ron� bine. unifortn cu� �>naiit�
<br /> for national u,e and non -uniforu � cuvenaiit .� �citl � li �nitc� l �:uiu� iun� In� iurisdiction tu c•unstitute u uniform secu-
<br /> rity instrument covering real }�ropert �• . '1'hi : Alurt �age �hall L� • �;u�•erne, l I �v the la�s ot' th�• jurisdiction iu which
<br /> the Yroperty is located. ln the evcnt tfi :at any �n•o��isimi ur �� Inu=c ui tlii� Aiort �age or thi• '.�' otc ��onHicte wSth
<br /> applioable laK�, �uch cunllict shall not a8�cr � otlier � �ro��ision, ui tlii . .A ] ort �;t��;c or the `vute ��� hicli ciin I,�e given
<br /> eSect without tlie conflicting Eiro �� ision . :� nd to thir rnd ilu• ��r�i �� ision� ��i ilu� \ lurlR��;�• :tmi the Not�c are deelared
<br /> to be severable.
<br /> 16. Botrower's Copy. Borro«�er shall bc iiirnisLeri :i ��unforiue� i ro� ��• uf thie \ lort�;ugc a�t the time o! execu-
<br /> tion or after recordation liereoC.
<br /> 17. Transfsr of the Propedy: Aseumption. If sll ur si�y � �:� rt n( the Yropert �• or an interest therein is sold
<br /> or trunsferred trv Borrower without Lender'. � irior �critren conseut , rs�• ludiu � iai tlu• �•reution of � lien or encum-
<br /> brance bubordinate tu tlii� �1ortKu�;�• . i l � i th�� cre:uion of x � ,ur�• lui�c� �nuui�}� s��c�irity interest for household appli-
<br /> :incee , (_c ) u transfer b}� de��ice , de�sc�nt or I,�• o} �er,uion � �i l :i ��� ii� wn tho � i�rath ui ts iuint teuant ur idl tlie �raut ol
<br /> uny le�sehold interest o1' three years �r les� not �•outainin �; au o� �tiun tn � �un• h:isc , L��nder• m�,y . at Ixnder'e option,
<br /> declare all the �ums ,ecumd hy thi. �lurtgage tu Lo inune�tiut �•ly � iu�• an� l � �s��xbl �• . Lender .I �all huve K�aived such
<br /> option to ssecelerate ii , priur ru tlie sulu or train. ier. Len�l�•r ;in� i tlu• � �or.,� �n tu �cl�un � tl�e Yrupert �� ie [ u be sold or
<br /> traneferred reaeL ngreeu�enc in writirig t6ut tiic credit oi �ucl � � �errun �.. ...uini:i�•tun� tu Lender n��u rhat tl�c interest
<br /> payable on th��� .ums .reure�i hy thi. AIortKuRe �}�ali lio .at .u � li i:u � • :s. L�•ndri• ,I�all reyur,t li Lrnder huE wui�•ed
<br /> the option to accelerute provided in this paragrixph t7 au� l if liorro�� ��i'. . ;u•�•,.,.���• iu intere.t hus executed u writ -
<br /> ten assumption agreement accepted in �criting Irv Lrnd�•r, L�•uder .hall rrlr•u�e Burru�tirr iruu � sll ubligations under
<br /> thie Mortgage and the Note.
<br /> If Lender exereises such option tu acculerute. L.ender sl� ull � ua11 liorrower notice oi acerleration in aeeordsnee
<br /> wif,t� puragrapfi 14 herrui . �ui�h notu•�• ..I � ull � iru�� ido a � ��•riu� l uf uut t�•.> tli:in 3U � iu}�.• f'rum thc �l�uc tlie notice in
<br /> �riailed Hitliin wt�icli 13ori•u�cer uia�• � �ay clir ,uni� � le� lare� i � iu�• li Hurru�c �• r i:tiL � u � �:i�� ..urh � uem � �rior to thc�
<br /> �•xpirat.ion uf such perio�i , I,ender may . �cit6out turther nutu��• ur � i �• nisrnl uu Rurru�crr . incok�• :iuy remedir, per-
<br /> mitted by paragrdph 18liereof.
<br /> � ur - I ' :. tFcn< M ( `uvr: xn � r. . tiurr� iµ �• r :{ u� l L�� u� l�• r furtL�• r �•ur� • u:iut xud �i�; r�•�• ri � full � � �r. :
<br /> 18. Acc�l�raGon: Remedies. Laro � ii :u � � ru�� i� l��� { in � �:, r:i;,� r.i � � li li li � � moi . u � �uu I;orro�crr ', hri•��• li of tim-
<br /> covenxnt ur ugreement ui Aurru�ti� rr u � rl � i � � lurt �:��� • . im � lu � tiu � � lu� covi•�u�ut , tu � ui �� ��� L � �n � lu� • .in �� � uni. ,erur�•�i
<br /> hy this \ lortg3�e . Lcu� i�• r � � nur tu arr�Jev�:itiun � Ivill iii :� il n� �� �r�� iu Rurr� ��c �� r ,�• � �ru�� i� l�•� i in � r� r:t�; r:� �, l . li liere��it
<br /> rprcifVln�; : � 11 tt�r hr�•arh �. � 2i tLo :ivt �un rcyu � rc•� i tu run � . urli I , n •:t��L , � :ir :� �i ;it � • not le•• rL :ui thirt �' � iuvr
<br /> fron � thr datc� tLi not ��� c i- iutiil�•� I t �, l3urnn� ��r . I ��� n lii�� li •u�� l � l � roaoli iuu,t I �o �• um� f �. :iu� i i { i th : it i.u : i� rr tu � • un•
<br /> ,uct � breacL ou ur Lv1ur�• tLr �lair �� �. r � tir� l iu tli� u� �u ���� inx� rc.ult � n :ic<•ri�• riu �uu ut tlio . uui- �i�iurevi h� th �s
<br /> \lortgngr und rule o� the Yru� �erty . lf tL�• bre�arli i. nw ��ur�•� i uu ur I �rloro tl � .� � Lu � � .� �rc � fi�•d ui tLe not ��•r . Lrnder
<br /> aL Lrndrr's option wn�• � ieclarr all ui tlio .wn. ,i•�• ure� l I �� rh �. \lurtau�;o tu I �. iuuu��� iiati•ly � iw� an� l psyul� lc
<br /> without further d<•iuxn� i �n�1 uia} ton•alu.�• tlu. Unn �:��;o In iu� iu i:il � �ru��rc•�lin� Lcn� ler .lisll h�� � • nUll��� i tu ��c>llec�t
<br /> in . u�h � ,ruct:ediug uil �•a� �rnne. ut iurorlu.un . in� lu� liuR , hut nut Iniuti�� i tu , ru..t .< u ( � luruiu ��� i � ar� ��� i� 1��ne•�• .
<br /> abatracte und title report.. �
<br /> 19. Eoee'oM�r's Right to R�isfstat�. AotH� ith�r.� u�iiu�; Lrnili• r �.. :ii•r.�h • rntwn of th.• .uni� ..��rurrd I �y thtc �
<br /> Mortgage, Borrower ehall ha��e fhe right tu havi• an �• � ,rort�r� lin �;- hrRun h}• L��niii� r i � � � •nfur�v • rhi . \lort �;aKo ili�-
<br /> continued xt snV time priar to entry ui u juilKuunt �•�uuT�•in� tlu� \ lurt �uy��• ii iui }iorru�+ i• r pa}•r i .��nder ss� l I
<br /> sumewhich would !ie then due w�drr thi . \I � � rtRne� rhr \��r � i �, � l n � �. , . . r,., � • r , � � : � _1 + � :: :i c . !' a : � ` a�: r.o I
<br /> SOCC�QI'B�lOO OCCIITI'Qd : 1 �) I [;07'1'OWE.I' fUt't•:- fl � � � � PPti �• � IPn 11f ,i11C Ut �1PP �'�� ArflttOt . U7 :t ��11 � itlPtlh r� � };pf'fOR ( 7' 1'01'1 -
<br /> tained in this '.4tortgage : Ic ) Borrower pay. ull rra.unahli � � � �e n.r, inc•urm� i h� Lrndrr in � nfon•in� tiic• ru� rnantn
<br /> and agreements of Borrower eontsined in rhi. \ lorr �nce ;uni in � •ui� � rrin;; I ,, � n� ii r'• r,•uu�, l �c� a� � � ro � i� lyd in pnra -
<br /> grSPh 18 hemof, including, but not limited tu , rr:i>unal �lo siturnr•c '< i�r. an, i � � ii Horruuir iak� �• .uct: a�•tion a�
<br /> Lender msy re8sonably r�equire to seeure tl�at thc liru o1' tlii� \lutK �;a�;c . L�•ndrr :� inti• rv�t iu tt,r Yro� x•rty :4n� 1 �
<br /> Borrower's obliQstion to pay the sums secured by t1� 1� Alurt �;u;;. .I ;xll cuuti� , u�� uu � � u� ,air��� l , l ' � ,�,n ,u��t , purment
<br /> snd cute by Borrower, chis '.13ortgage and the obli�;utiun� .����ur��� l h�•r�•b� ,liall r���uxiu in iull fur�•r und r �fli•�•t x. if ` ��`
<br /> no aeoelerstion had cecurred. I
<br /> 7a �9s� a! �: Appoiatmea! ot A�e�iv�r: 1.ender in Posre�aioa. A.. udditiunal ,ei�unt �• here-
<br /> under, Boetow�er hereby aseigns to Lender rhe rent � of thi� Yrot�ert � . � �ru�• i, ir�i t hat Rorro�cer .�hall , t �rior to acccler- ' �``.
<br /> stiot� under paragnph 18 hereof or ab�nuonu�cnt ui . 1�� i�fu� .cCt � . i �.� � v lin' iiK,i � l lu iuiiiv'l ttw1 IYlxl❑ nUt'I � fClllt+
<br /> rr thoy F�wMm� �lur an�i rayable
<br /> Upo�f foceiet'rtion under ��aragraph 18 hereof or xhxndonu�cut o( the Yrupert �� . La•rider. in � �rr�on . In� xKrnt �
<br /> or by judieislly appointed reeeiver ehsll txx entitle� W ent�r upo�� . take � Ki�-i•...iun ui au� i u �ynnKr th�• }'ro�x•rty
<br /> ind t0 CO11eOt the rents of the PropertY . includin¢ tho�� Paat du�• All rrnr , rnll��r�� �..i 1 �� I �•r„ { �•r ��� � 1,.. ,��.,.,., . ,..
<br /> sMiall be apQlied first to paymer�t of the coet,a of �uanagemrnt of thr Yru� �ert } al�� 1 rullortwn uf n•nt � . � nrlu� lin �: . hin
<br /> not limlted to, receive�'s feeF, � �t�emiums o�� rrei�i ��rr's buml= :snd rea.unuhlr :ittoru�� �� �< io�•. :� nJ tl �on r � � tli �• .uiu�� �
<br /> eecured by thie :4lortg�. I,rnder und thr ret�ei�'rr .hnll iK• li:� l �l�• to avruiint ur � lc for th� �.� . . i•� � t � :i � ni ;ill � ror� iv� •� i
<br /> E: .
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