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<br /> i not eXte,nd c�i•- Posti�one the due ciate oi tl�e �nuntf'ily iuntnl9m�ent5 refarred tn i-n puragrsphs 1 an�1 2 hereoz or
<br /> ? al�ange the atnuunt of �ueli instullmenks.
<br /> ? 10. Bor=ower lYct Released. F.xtension of t,lte fit�ae Sm• �iavment or inoelificat,ion of amorCizution .of the aums :
<br /> secured by°this :l�fortgage granted L}- I.ender to any �uccessm• in inc�ri:sC of Borr��wer ;tiall not .��erate to release,
<br /> : ' in sny manner, 'tlie liabilitiy of t.kre original Borro�vr. r und Tir�rroavc•r:ti suc�essors in interect;, Lender shall not be '=
<br /> ' required to aommence �>roceedings ngairist su.ch successor or refusc to extend timc f,or pa}rnent or okherwise modiTy- `
<br />� an�ortization'of the sums secured by� tliis \IorB�uge I,v rcasou of un�• demand :natile t�y t1�e original Borrower and �
<br /> Borrower'e auaCessors in interest. " '
<br /> a lb. Forbeaiance by Leader Not a Waivea. Any forbearunce t�v Len�ler in exe:rcising any right or remedy "
<br />; � hereunder, br otherwisa att'orded Uy aE�}�licable faw , sha11 nor be a wuivex of ar �3•eclude thc exereise ot' any right
<br />} � or remedy hereunder. The procuremeni of insurance ar i.lie �>a3�nrent oE tnxes or ot.her liens or cliacges Uy I,.ender
<br /> s r,-� sha11 not be a waiv�r of Lend�r's right to aocelera-tc the �naturit�• oC the indebtedness secared hy< this Mortgage.
<br /> � i2. Remedies Gumulative. A11 reniedies j�ravi�ecl in tlii� \fortgage are r�istinct nnd cumulative tb any other
<br /> E � right or remedy undei• tlii� \ lortgage ar :tfforcicd h�� ta���• «r i•quia:}• , ancl m:��• b� e�erui5ed concurrently, independ-
<br />; � ent'ly ar succesaively.
<br />� 13. Suecesaors �d Assigas Bound; joint �d Several Liability; Captions, The co�•ennnt; atr�i :tgreements
<br />( T herein cunCained shall hmd , and the i•x�l�ts I�err..unctor .hnll innre tu, tlir, respective sirccessors and xssigns of Lender
<br />� � und Tiorrower, subject to tlie provisions of ��arugr:�ph 1 ' hc:reof. :11d co'v�naxnts and a��recri�ents u3 Tiorrawe�r Rhall
<br /> be joint and s�vernl, The rnntioirs an�l I�cading,s �,>f tlir. ��ur:agraaali.� of Ehi.s llnrt�aigc n,re for cunvr.n3ecrce nnly anc� < .
<br /> are tiqt to be used to 9nterp:r�t or �iefine tYie firnvision, l�ei•eof.
<br /> 14. Notice. An,y n�tiice t� Borrower �iro�•acleci t"ur i:� tl�ia \lart.gaFr: .l�all I>c �;i�•e�� bv �usilirig eiul� n�tice b�•
<br /> rertified uiuil :iddre�sed i� �urro�ver zif tl�c Yru�rertq ,1ilciie., �c:eteci helo«- ezce,� rt for any not�ce required under
<br /> psregraph 18 trereaf to be gi��eir to Son•o��-e:• in tl�e inann�� ����escrified f�y .�p��lic:iblc l:;�v , _1ny taatiee Pro�•ideci
<br /> for in th-is \3artgage Sliali Fxr c}eefr,eri Fo l�t3�•c I�i*cri };i��crt; r� I3orru�srr wLen g:i�•en in thc inuri,nx�r designateci lieceicr. < '
<br /> 15. Uaiform Mottgage: Croverniug Lavir; Severability. 'fhi� f�rm of �uort�a�e rom}aines uniform covcnants �
<br /> fOr nsti'qnal us0 and non-un�form coven�n[s wiEli Iiaiibecl ��aeis�rion= b}- jurisdiction to consCitiute a taniform seeu-
<br /> riGy instrumenC cavering zeal pro}�erty. '�"hi� \Iort�a�e shull hrti �e�vernec! I�y ktte is�s• o£ the jurisdictiio;n in which
<br /> the Praperty is located. Iti the 4vent th�t any provi�ion or clausc �f this \Iortga�c or thc Note conflicts w'ttl�, ;, >'
<br /> �pplicable 1-aw, such eonflzct s}�nll not sffect otl�er ��rovisions oi tlzis �Iortga�c �r i:he ?�Tote whieh een be qiven
<br /> effect w�ithout tlie oonflicting �xrotr.i;ion , ar�d Co this enci i3re tiro�•isions of the \lortgugc un� the '!�Tote qre cieclaxed
<br /> ta be s.everable.
<br /> 16. Borrower's Gcpy. f3brro�ver shal'I Ge turnislreel 1 conformed co�y oi ttiis hiortgage aC Lhe time of execu- '' '
<br /> Cion or sfter re¢qrdaGion hereof.
<br /> 17. Ttansfer of the Propezty; i4ssumption. :If 311 ar any ,raart oP the Property ar an interesE therein is apld
<br /> artransferred by Borrnwer �vithoi�t Ler��er`; prio;r wr�tten consent , exrluc[ing fa1 Yhe creatior� of a lien ur encum-
<br /> brance sul�ardinaCe 1,o this �lurt�age, � bl the rrersiion ot n ��urrhuse nioncy sec;izrity inierest for huusehold eppli- ' '
<br /> ances, (c) a t;runs:Eer by d�uise, �3escex�t or b�• operabion oT ta�ti- upon t.d�r, deat,li ot :i jaini tcitant ar (d ) tl�e grunt of ;
<br /> ,.,
<br /> any leaseholcl interest of tlir�e year� c>r Ies� nat ciint€iinira� xn option to nurchas:l, Lender naav , ut, I.ender's option, ;
<br /> declar0 all the sumb securec3 by this VTortgage t.n bc iuin�ediacclv <iire and t�ayui�le. l.ende,r shall ha�•e waived such
<br /> optiion to ssceelerate if, �nor 2o tl�e �uie oc tran:vier, I.ender acid tire �mrson t� «�hom tihe Property is tn l�e sold or � ', "''
<br /> trnnaferred reach agreem.e.nC in �vcitin� that the creei'rC of surh y�er�on i5 s:ttisfactor�r to I,encier and ihat tlle interest
<br /> payabl'e on the sums secureil by t}iiF `�lorcga�e si�a,ll I>e ut: �ucl� ratc ri� Lcnder shull requesL . If Lender Isas wai��ed .` `^
<br /> the option tn accelerate provided in this parxgrapl� 1i and if Borro�rer's successor in interest has executed � writ- "
<br /> ten assumption agreement accepted in writing by I.ender, Lender shall release Borrower from all obligations under '�
<br /> thia Mortgage and the Note. , �
<br /> If Lender exercises sucli option to accelerate, Lender shall ai�ail Borrower notice of acceleration in acwrdance
<br /> witli paragraph 14 hereof. Such notice shall pro�•ide u period of not less than 30 days from the date the notice is
<br /> mailed within whicl� Borrower may pay� the sum. dcclared due. If I3orro�ver fail� to pay such sums prior to the
<br /> expiration of such period , Lender may. «•ithout further notice or deninnd on B'orrower, invoke any remedies per-
<br /> mitted by paragraph 18 hereof.
<br /> � � NON-U:VIFORM COVENAICTS. BOCI'O\OCl' :l11C� LCll(�Cl' t�lll't.�1CP COYC'11aTlt and n�•ree as follo�vs :
<br /> 18. Aeeeleratioa; Remedies. Fxcept ae pro�•ide�i in � �aragra� �li 17 liercof, upon Iiorrower's brettch of any
<br /> eovenant or agreement of Borro�cer in thi� \im•t�uge. including tlic co��enants to pup �chen due any smns secured
<br /> by this \lortgage, Lender �vior to rtcccleratiou sh:all roail uotice to Borro�ccr ss� ��rovided in paragrssph 14 hereof
<br /> specifying: ( 1 ) the breach ; ( 21 the action rcyuiced to curr cuch hrciich ; � 3 ) a dnte, not. less tlmn thirty days
<br /> from the date the notice is msiled to I3urro��•er. bt• ��•I�ich �ucl� brcacl � uiust !x cmrd ; and (4 ) that failure to cure
<br /> such breach on or before tLe date specified in the notice muy resutt in uccelerxtion ot thc sumc secured by this
<br /> Aiortgage and sale of the Property. If the breach is not camd on or beForc tl�c date specificd in the notice, Lender
<br /> at I.ender's option �usy declare all of the .wn� secured by ti� i, \lorlgagc to be immediatcly dne :md payab3e
<br /> without further demand and may foreclose this \iortgage b�� judicial proceeding. Lendc� shall be entiLled to collect
<br /> in such proceeding all expenses of foreclosurc , incluilin�, but not limited to, costs of documentary e�•idence,
<br /> sbstraets and title report�.
<br /> 19. Bonowera ffight to Reiastate. Notwitliatanding I.ender'� uccelerntion of the �ums secured by this
<br /> Mortgage, Borrower shal! have tlie right to hnve any proceeding� begun by Lender to enforcc this �fortgage dis-
<br /> continued at uny time prior to entry of a judgment enfokcin� thi� \Iortgage if : Inl Borro«•er pays I,ender all
<br /> sums which would be Lhen due under this �Iortgage, thc 1Vote nnd notes securing Future �dvances, if uny, had no
<br /> scceleration occurred ; (b) Borrower cure. all bresche� of an�• o[her co��enants or agreements of Borrower con-
<br /> tained in this Mortgage; (c) Borrower pays all rensonable e��ienses incurrcKl by I,ender in entorcing the covenants
<br /> snd agreements of Borrower contained in this J[ortg:i�c :ind in cnto:•cing I.endcr's remedic� cts pro�•idcd in para-
<br /> graph I8 hereof, including, but not limited to, reasonnble :ittorne}'= tec� : an�i id l Borrower takes such action us
<br /> Lender may reasonably require to assure that the lien of this \Iortgage. Lender'c interest in the Property and
<br /> $orrower's obligation to pay the aums securnd by this �•Iortgaige �hal1 rontinae tmimpaired . i?pon such payment ;,� .
<br /> and cure byBorrower, this Mortgage and the obligations �ecureci hereh}� shall re�nain in fu❑ force and effect as if ' ��-"-" ;;x y
<br /> ao accelerafi,ion had occurred.
<br /> 20� Assignm�at of Ha�s; Appointment of Receiver; Lender ia Possesaioa. A. sdditionn! cecurity here- � F °
<br /> under; Borrower' 2iereby seeigns to Lender Lhe rents of the Propert�•, pro�•ided that Borro�a-er shall , prior to scceler- '$ ` '
<br /> ' ayiori'under psragraph 18 hereof or abandonment of the Property, havc thc right to collect and mtain such rents 'y ''�
<br /> se theq beoome dve and payable. '"
<br /> Upon:seceleratioa under paragraph 18 hereof orahandonment of the Yroperty, Lender, in ��ecson, by agent �' "` ' rw
<br /> or by<judioislly appointed receiver shsll be entiEled to enter upon, tske po�ession of and manage thc Property .�"- "�" � �
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<br /> and .ta aollect the rents of the'Ptoperty, including those p�sst due: All rents collected by T.ender or the recciver
<br /> shall be spplied firat to payment of the costs of management of the Property snd collection of renw5, including, but.
<br /> not'limited to, receiver's fees, premiuma on mceiver's bond� snd reasonable attorney's teev. ���d then to the sums
<br /> secured by this Mortgage: 'Lender and'the receiver shall bc Iiahle to account onlv for thoce rents actuslly rnceived.
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