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<br /> not extend or postpone the due date oY t.Lc monthly installments referred to in paragraphs 1 and 2 hereof or
<br /> change the amount of such installments:
<br /> 30. Borrower Not Released. Extension of the time for puyment or modification of amortization of the sums
<br /> secured by this MoTtgage granted by I.ender to any successor in interest of Borrower shall not operate to release,
<br /> } in any manner, the liubility of the original Borrower nnd Borro�ver'x successors in interest. Lender sha11 not be
<br /> required to commence proceedings against such auccessor or refuse to extend time for payment or otherwise modify
<br />� umortisation of the aums secured by this �Sortgage liy reason oi any demand made by the original Borrower and
<br /> �� Borrower's succesaors in interest.
<br /> p 11. Forbe��ce by I.ender Not a Waiver. Any forbearance by Lender in exercising any right or remedy
<br /> i � hereunder, or otherwise afforded by applicnble law, shal] not be a wniver of or preclude the exercise of any right
<br /> ;� or remedy hereunder. The procurement of insurance or the payment of taxes or other liens or charges by Lender
<br /> '( O shalI not be a waiver ot Lender's right to accelerate tlie mnturity of the indebtedness secured by thia Mortgage.
<br /> 12. Remedies CumuIative. All remedies provided in tl�is \4ortgage are distinct and cumulative to any other
<br /> ' � � right or remedy under this \Iortgage or afforded by la«• or equity, and mny hc exercised concurrently, independ- '
<br /> ( • ently or successively. _ ;
<br /> 3 j 13. Suecessors and Assigas Bouad: Joint �d Several Liability; Captions. The covennnts and agreementa �
<br /> ! � herein contained shs11 bind , and the rights I�ereunder �hall inure to, thc respective successors and assigns of Lender
<br /> and Borrower, subject to the provisions of paragr.tph 1 r hereof. _111 covenants 3nd agreements of Borrower shall {
<br /> a' be joint snd several. The esptions and headings of tl�e paragrap6s ot this \lortgage are for convenience only and
<br /> are not to be used to interpret or define the provic�ons i�ereof.
<br /> 1 14. Notiee. Any notice to $orro«•er procided for in tl�i, \lortgage c}�all I�c gi�•en by mailing such notice by
<br /> J certified mail addressed to Borrower at the Property address etated belo�c , exce�t fm• any notice required under
<br /> i paragraph 1S hereof tu be given to Bon•o�rer in the manner ��rescribed h}• ;ippliaible law. Any notice provided
<br /> � for in this c�Iortgage �hall be deeined to liave bcen Ki�•en to Borro��•er ���hen gi�•en in tl�c manner designsted herein.
<br /> ; 15. Uniform Mortgage; Governing Law; Severability. 'Chis iorm of mortgage combines uniform covenants
<br /> � for nstional use and non-uniform covenants witl� limited vsriations by jurisdiction t.o constitute a uniform secu-
<br /> � rity instrument covering resl property. This \fortgage shall be governed Uy the la��• of the jurisdiction in which
<br /> the Property is located. In the event that uny provision or clnuse of this ��Sortguge or the Note conflicts with
<br /> j npplicable Iaw, such conflict shall not affect otlier provisions of this �Iortgage or the Note whicli cAn be given
<br /> ;. effect without tl�e conflicting provision , and to this end thc provisions of the �Iortgnge and the Note are declared y
<br /> i to be severable. '
<br />� 16. Bozrowei s Copy. Borrower shall be furnished a conformed copy of this 1lortgage at the time of execu-
<br /> tion or sfter recordation hereof.
<br />: 17. Tr�sfer of the Property; Assumption. If all or any part of the Property or an interest therein is sold
<br />? or transferred by Borrower �vithout Lender's ptior cvritten consent, excluding (a ) the creation of a lien or encum-
<br />� _ brance subordinate to this Mortgage, ( b ) the creation of a purchase �noney security interest for househald appli-
<br /> s snces, (c) a transfer by devise, descent or by operation of Is��� ur�on the death of a joint tenant or (d ) the. grant of
<br /> any leasehold interest ot three years or less not containing an option to purchasc, Lender may, at Lender's option,
<br />; declare all the sums secured by this biortgage to bc iminediately riue and puynble. Lender shall have �vaived such � >+'i
<br />`r option to accelerate if, prior to the sale or transfer, Lender uud tl�e percon to whom the Property is to be sold or ?
<br />; transferred reach agreement in writing tliat the credit of such person is satisfactory- to Lender and that the interest
<br />� payable on the sums secured by this `iortgage shall be at such ratc as Lender shall request. IF Lender has waived
<br />` the option to accelerate provided in this para�rapl� 17 and if Borro�ver's euccesaor in interest has executed a writ-
<br /> f ten sssumption sgreement accepted in �vriting by I.ender, Lender shult relesse Borrower from all obligations under
<br /> this Mortgage and the Note.
<br /> If Lender exercises sucl� option to accelerate, Lender sha11 :nail Borrower notice of acceleration in accordance
<br /> �vith paragraph 14 hereof. Such noticc shall pro�•ide a period of not less thun 30 days from the date the notice is
<br /> mailed within which Borrower may puy thc surns declared due. If Borroc�•er fails to pay such sums prior to the
<br /> expiration of such period, Lender may , �cithout furtlier notice or de�nand on Borrower, invoke any remedies per-
<br /> mitted by paragraph 18 hereof_
<br /> i�TON-U_QIFORM COVF.NANTS. BOI'1'OW@I' AIICl LCRC�CI' tUCY.IIC1' COVCI7:IRL and aaree as follo�vs ; � �
<br /> 18. Aceelezation; Remedies. Exce�t u� pro�•ided in p:tra�ru� il � 1 i hereof, upon Borrower's hrench of any
<br /> covenant or ugreement of Borro«-er in this �Iort�atge, including tl�r covenants to pay «'hen due any sums secured
<br /> by this \Iortgage, Lendcr jirior to accclerution shall �niiil noticc to Borro�ver as provided in pnragrapli 14 l�ereof
<br /> speeifying: ( 1 ) the breach ; (21 the nction rcquired to cure auch breuch ; (3 ) a datc, not less than thirty days
<br /> from the date thc notice is mniled to 13orro�cer, 1>y ���hich euch brcairh must bc cured ; and 141 that fuilurc to cure
<br /> such breach on or before the dute speciFied in tLe noticc mxy resuit in acceleration of tl�c swn� secured by this
<br /> VIortgage and sale of the Property. If the breach is not cured un or before the date specified in tl�e notice, Lender
<br /> at Lender's option u�ay declnre all of the .ums secured Ly this \Iortgage to be immediately due ssnd payable
<br /> without further deinand und may foreclosc this �tortg�igc b�• judicial procceding. Lender shnll be entitled to collect
<br /> in such ptoceedin� all expenses of foreclosurc, inclu�ling, but not limited to, costs of docmnent.ary evidence,
<br /> ubstracts and title reports.
<br /> 19. Bozrowers Right to Reinstate. 1`ot«•ithstanding I,ender's uccelcration of the sun�c secured by this
<br /> Mortgsge, Borrower shail have the right to have any proceedings begun by Lendcr to enForcc this �tortgage dis-
<br /> continued at any time prior to entry of a judgment enfoTcing this \fortgage if : Ial Borrow•cr psys Lender all
<br /> aums which would be then due under this Jlortgu�c, the Note and notes securing Future Advances, if any, had no
<br /> acceleration occurred ; ( b ) Borrower curec n�� breache� of anp other covenanta or agrcements of Borrower con-
<br /> tained in this Mortgage ; (c) Borrower pays all reasonablc ex�ienses incurred by I.ender in enforcing the covenants
<br /> and s�eements of Borrower contained in this \Iortgugc and iu eniorcin� i.endcr's remedies as provided in para-
<br /> graph 18hereof, including, but not Iimited to, reasonable attorne}• 's fee� ; and Id ) Borrower takes such sction ns
<br /> Lender msy reasonably require to assure that the licn of this \[ortgage. 7ender's interest in the Property and
<br /> Borrower's obligation to pay the sums secured by this \[ortgnqe .hall continue w�impaired. Upon yuch payment �
<br /> no acceleratioa had occurri9�Mortgage and the obligations secured I�ereb}• chsll remain in full force and effect as if ""'�-:" '� , ;,
<br /> ZO. Jise�igam�at oi Rsaffi; Appointmeat . oE Reeeiver. Lender in Poasessioa As additional security here- I E �; '
<br /> under, Borrower hereby sesigns to Lender the renta of the Propert.y, pro��ided that Borrow�er ehall , prior to ncceler- r
<br /> ation' under paragraph 18 hereof or abandonment` of the Property, have the right to collect and retain such rentr,
<br /> a's they become due aad payable: � �+, ;
<br /> Upon scceleration under paragraph 18 hereof or aban�lonment ot tf�c 1'roperty, Lender, in person, b�• agent - _ N
<br /> or by'Xudieislly,sppointed receive; phalI be entitled to enter u n, take �
<br /> and to collect the rents of t:he Pro ert ° ipclndin Yhosc � Possc.�sion of und �uanage thc Property + :-.=�r ..
<br /> p y, g nast due. AI1 rents collccted hy Lender or the receiver
<br /> ahall' be applie3 firet to payment of the costs of ananagement of thc Property und collection of rent_�, including, but
<br /> not limited to, receiver's fees, premiums on receiver's bond� ancl rcusonable uttorney's fees. und then to the sums
<br /> secui+ed by thie Mortgage. Lender and the receiver stutll bc liahle to account onh� for those rents netually received.
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