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<br /> � not eartend ar ��ost�one the due date of tlie montlily ix�sticllrricnt-s referred ta in Fiueagrapt�s 1 und 2 hereof or
<br /> change fhe arnount of sueh installments.
<br /> � 10. Bonawer Not 'Released, �xtensiqn of the titrie for pgyment m• tnodification of amortization of the sume r'
<br /> , � secured by Ehis �Iortgage granted br Lender Co any successur in interest uf Borrower shssll n�r, opQrate to release, . ' $';
<br /> in any mnnner, the lisbilit,y oi the origi�ial I3orrower nnd $orro�ver'� �uccessora in interest. I.ender shall not be '� x ' 4 .4;
<br /> ? � ri reyuixed to commence �roceedings ssgainstsuch succescor oi^ refus•� to extend tame fos payment or othersvise modify k�
<br /> !� amortizntion of the sums secured 6y this \IortgageJn reasan of uny dr,man.3 mnde by the original Borrower and' ` " `
<br /> p Borrow+ei's suc .cesson3 iri intereet. ^ -
<br /> � C1j 11: Fbrbagramce by Leuder Not a VNmyer. tlny forbearance by Lender in exescising uny ri&ht or semedy � ,",..
<br /> � Q hereunder, or othenvise afforded by appl�cable la�v, shall not t�e a waivcr of ar precludP the exeroise of any right � ;
<br /> � O or remedy hereunder. Tlie ��roeuremenU of insur-ance or tlar. pu�anent of tiaxes or other ]iens or charges by Lender ; � ,
<br /> ? shall noG be a wuiver oT I.ender's right to acceleraCe the maturiGy of the indebt�dnes� secured by this MorEgsge, s
<br /> . ; � 12 Remedxes Cumulative. .411 remedies provicied in tluis llortgage are cliskinct and cumulative to any other , ,
<br /> i � rig6t or remedy under this \ [ort6nge m� nfforded 2�v Ca��• �r equicv, nn�i n��y br exerci�ed concarrenCly, independ- ,
<br /> } ently or successively.
<br /> 13. Succeasats aad Rssigas Bovad; Toint amd Seeeral Liability; Captions. The c�d•enxints ancl agreemente
<br /> i herein aantained shall k»nd , nnd the ri�ht.s tiereun�er �hni7 inure to, tlac respectivc successors and asaigns oi Lender � - �
<br /> � and Borrower, sabject to tl�e �rovisions of ��urngrnpl� 17 liereof. Atl r.ovenanz,r un�1 agreements of Borrower st�s1P ' r
<br /> be jpint und �e�•ecal . Thi: e3Ptions and lic.iding; of tl�e ��arntii:3�alrs of tlii� �Iort�sx�e arc fc>r conwenienee only and
<br /> are not to be used 'to interpret �r define tl,e �,ro�•isio�ia herent. s
<br /> � 14. Notise, Any naEicc to Barron•r,r i�rux•ided for m Yli.i� \ fortg•a �� �ha❑ br E;i�•en I�y inailing such notice bt• 3
<br /> ' certified u�ail addressed to Borm�scr at tlir, Prot�erty �lddress .t �tteci l•�clo�r, excepi for :�r��� noticc required wnder � a , ;
<br /> � paragraph 18 hereot to be gix•en to E3orro«-er in tlrc nnutiner p�rescribe<I b�• e3p��licaF�le law. �ny n�tioe provided � '
<br /> - j for in thi, �Iortguge �hall he deemecl to ha�-e bcen �;i�•en tu BnrroH er +e•herr gic<cn in thc manner designnted herein. `r�
<br /> � 15. Uniform Mortgage; Govera9ag Ltsw: 5everability. "I'hi� forzi� af iarvrt�a�e combines uniform coven�nCs ?�= 4 + �
<br /> � for natiorrnl use and non-uniform covenants witli limited �•ariatiur�� by jurisdictioh to conytitute x uniform seou- "�'�` '
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<br /> � rity instruanent covering reai propertv. Tlais \Iortgage shali 1,e ga�•erned ��• the la�v of the j usisdiction in which �i � ;.
<br /> � the Praperty is located. Tn the cveiit t,1�at any provision oi• clausc of this :�Tnrt�;age or tlie Note confl'icts with � ` , >
<br /> spplicable law, such conflict shsll not uffect other procision+ of tl�is \ [ort�agc or the Note which ca.n be �iven E: , � �;�
<br /> effect witkouC tl�e conflicting provis-ion, ar�d ta Chi� end the provisi!�ns of the \Iortgage ancl the Notie are dealared
<br /> � to be severable. v
<br /> 16. Borrowei s Copy. $orr�wer shali Ue furnislied a conforme�l cop}• �C tl�is �lortgage at the time oi execu- r' � F�+
<br /> tion or after recordat.ior_ hereof. �"=
<br /> 17: Trm'isfer pf thr Propezty; As4umption. Tf all ar anv �iart of t;he Propere'y or an intezeat tiherein i� eold � �` ,��^��
<br /> � or transferred by Borrower witliout I:ender's prior written consent, excfucling (nl the creation of a Cien or encum- � : ' + �F�
<br /> j ��: s r
<br /> brance svbordinatie to this Mortgage. (b) the creatiun ar" .a purchxse money sec.urity interest for household appli- : � �'
<br /> � , �� �
<br /> '� ances, fc) a transfer by devise, descent ar by operation oi la��� upon tYie death �f u joint ienant or (d) the_ �;rant of a ' r� � ;rt�;
<br /> � . any leasehold interest o# three years ax• less not contnining an opti�n to ��urclrsse, Lender maq, aC Lender'R optioa, , ,� },'�
<br /> declare sll the sums secnted by this Mortga�e to lze iminediuteYy due and ��ysble, Lender shall }iave �vaived auch � , � ,
<br /> p option to accelerate if, prior to tlre sale or trancier, Lender a»d the �;erson to s�liom the Property is to be sold or � +1 ,,�
<br /> x �.
<br /> ; .� transferred resch �greement in writing tliat t4e credit af such ��erson is satisiactory to I,ender a,nd that the interesti � �
<br /> paystile on the sums secured by this �Iortgage Shall be at sucl� rttte as Lender s6n11 request. If Lender has wsived ; M1 'k
<br /> � tYie option to accelerate provided in this paragrapli 17 and if Borrower a successor in interest has execUted a writ- n N }� �:
<br /> � ten assurnption sgreement accepted in �vriting by I.gnder, Lender shnll release Borrower from all obtigations under F• �`
<br /> this Mortgage and the Note. � , x¢
<br /> ' � If Lender exercises such option to accelerate, Lender shnll _nnil Borrower notice of acceleration in accordance ; � `
<br /> �vit13 parsgraph 14 hereof. Such notice shall pro�•ide n period of not less than 30 days from the date Lhe notice is ;
<br /> � mailed within which Borrower may pay the sums declared due. If Iiorrower faile to pay such snms prior to the
<br /> expiration of such period, Lender may, ���ithout further notice or �iemund on B'orrower, invoke any remedies per-
<br /> :' i, mitted by paragraph 18 hereof. : ,
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<br /> � NON-UNIFORM COVENA.\'TS. BOCl'OR'01' AriCI LQ2ICICI' fUl't�l@T covenant and agree fls � follows :
<br /> ;� 18. Aeeelsration; Remedies. Except as pro�•ided in parngrnp6 17 hereof, upon Borrower's hreach of any
<br /> .y covenant or agreement of Borrovvcr in this �fort�n.�c, including tl�c covenants to pny �vhen due any sums seeured '
<br /> by thia lfortgage, Lender prior to acccleration �hall uuiil notice to Borroa•cr ae provided in pnmgrupL 14 hereof
<br /> � specifying: ( 1 ) the breadi ; (2) tl�e nction required to cure such hreac6 ; � 3 ) n datc, not less than thirtY days
<br /> ,� irom the date the notice is mailed to Borro�cer, b�• ��•hich �uc6 Fnrach iuust bc cural ; and (41 thut failurc to cure
<br /> �; such bresch on or before the date specified in the noticc roay result in accelerution of tlie aume secured by this
<br /> a �Iortgage and sale of the Property. If the brcach is not cured or. or before the ctatc specified in t6e notice , Lender
<br /> ;I at Lender's option may declare all of thc sums secured by this vlortgnge to hc immediatcly due and paysble
<br /> `< without further demand and may foreclose tLis \Sortgngc by judicial proceeding. Lender shall be entitleci to collect
<br /> ' � in ruch proceeding ull expenses of foreclosurc, including, hut not limited to, costs of documentarv evidence,
<br /> � ,� sbstracts snd title reports.
<br /> 19. Borroav�r's Right to Rainstate. Notwithstnnding I.endei's ucceleration ot the sum� secured by this
<br /> .�h� Mortgage; Borrower shall have the right to have any proceedings begun by Lendcr to enforcc this :bfoctgage dis-
<br /> •:�� continued at any time prior to entry of a judgment enfo�cing this Jlortgage if : ( al Borrower pays Lender ulI
<br /> "� sums which would be then due under this \Iortgug�, thc \Tote nnd nates securing Future Advances, if any, had na
<br /> � -ti accelerataon occtvred ; ( b) Borrower cures ull breaches of uny other co�•enanis or ugrcements of Borrower con-
<br /> " tained in this I1'Iortgage ; (e) Borrower puys ull reasonable e���en�e_ iucurr�vi by T,cndrr in �nforcing the covenants
<br /> � aad agreemeats of' Borrower contained in this \Iort�u�e und iu enforeing I.ender's remedies as provided in paru-
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<br /> � : graph lS hereof, including, but not lixnited to, reasonable attomey's tees ; and Id ) Borrower txkes such action as
<br /> ��� i.endei may reasonably require to assure that the lien of this \Iortga�c, Lender's intemst in the Property and � ;,,
<br /> � . Bormwere obligstion ta pay the aums secured by thi= �4ortgage =hnt1 continue unimpaired. tipon auch payment �
<br /> ' snd cure by Borrower;: t$is Mortgsge snd the obligstions secured hereb� �6a11 remain in full force and eflect as if "
<br /> ` � no aaaeleration had occurred. � - ��= f ;
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<br /> Aaeig��at of 8e�s; Apiamntmea! of Receiver; Lendar in Possensioa ?is additionul security here- M *" ,x-
<br /> , r under, Borrower,herebp sesigns to Lenderlhe mnts 'of the Property, provided #Izat Borro«er sha11, prior to seceler- =a. �
<br /> , ey y ble. donment of the Property, hnve thc right to collect und retain such rents � `"
<br /> 3 .� ss tfi u beoome dve a d pa a ` '"� ` '
<br /> F - P. �S�P. � '
<br /> hereof or aban
<br /> ' �Uu� acceIerat�oa cander h 18 hereof or aban�lonment of the Yro ert •, Lender, in �erson , bv a °�' �"+". ` "''
<br /> ;� or '�'aia11 s , PB��P _ F 5 f . ��t . . , � . .
<br /> y ppo�nted 'receivet' shall be`entitled to enter u}wn : tnke �io.�e�cion of and mannge the Pro�rky
<br /> : snd to �collect the rents of ;the Property, incIuding those psst due. Ali rents collected by Lender or thc receiver
<br /> � ' ahall be; spplied;Srst to psyment of.the eosts :of maasgement of tt�e Property and collection of rents, including, but
<br /> �' aot limitcd to, receiver's. fees, premiums on receiver's Uonds and reasonable attorney'c fecs, and then to the sums
<br /> �' secured 2iy th3s :ti'Lortgsge_ Lender and tLu receiver sl�all Im linUle to account only tor ihose rent� aciunily received. �
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