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rat extend ar postpone the due date o? the nacuthl}• instnllme~nt° referred to iu paragraphs 1 and 2 hereof or
<br />change the amount of suet€ installments.
<br />1©, Borrow®z Not Released. Extension of the time for payment or tnodificatiou of aanortization of the sums
<br />secured by this 1lorugage granted I>y Lender to any snecessoۥin interest. of Borrower shall not operate to release,
<br />in ang ?canner, the liabilif.~, of the origfuai Borrower and Borrotvcr < successors in interest. Lender shall net be
<br />re€~uirFid tv ~v~in3anCe; prviceedingo agair4t ssarit sirciea'"aar v`r. refiase to extend slave far paynit:nt ar atlrer~ise tnadify
<br />amortization of the sums secured. he this \IartEafle by reaso€i of am~ deinarid Iittiile 6y_ the ori$ipal IiorrowPr and
<br />,~ Barro~er's sueeeasars in interest.
<br />=,.Y 11. Porbearance by Lender I~ot a SM1paiver. any forbearance by Lender in exercising any right or remedy
<br />~ hereunder;.c€r atltersviss afforded by applicable iaty, shall net be a waiver of or preclude the exeraiae of any right
<br />or remedy hereunder. The larocurement of insurance or the r>ayment of taxes or other liens or charges by Lander
<br />'®' attest net be a waiver of Larder's right ko accelerate the maturity of the indebtedness secured by this 1•Iartgage.
<br />"~ 12. Remedies Cumulative. all remedies provided in this Mortgage are distinct and cumulative to any other
<br />j ~ right or remedy under this 1lartgage ar afforded by late or equity. and array be exercised concurrentty, indepead-
<br />entIy or suceeseivety.
<br />I;#, Srrcceasors msd Rasiq>fAa $ossad; Jaixit grad Sevezcrl Liability; Captions. Tyre covenants and a~•eements
<br />herein eon#ained shall hind, and the rights hereunder shall looters to, tits re_pectivc successors and assigns of Lender
<br />., and Borrower, subject to the provisions of paragraph 1"r hereof. all cat•enants and agreements of Borrower shall
<br />be joint and several. The captions snd Ireaciings of the paragrnl;hs of this Mortgage are for concenienee only and
<br />` are not tc; be used to interpret or define Lire provisions Irereaf.
<br />1~. I~'s;ize. any notice to Borrower provided For in this ;tortgage shalt be given by mailing such notice by
<br />certified mail addressed to Barro;cer ai the Property address stated belon•. except for any notice required under
<br />paragraph l8 hereof io be given to Bcۥro;;er in the manner prescribed lav applicable law. any notice provided
<br />for in this ~Iortgaga shall be deemed to have I,€een git•en to Bor•ra;ver a•her. given in the manner designated herein.
<br />15, I1ai:orm Mortgage; Govemisq Law: Severability. This form of utortgage combines uniform covvenanta
<br />Ear national use and non-uniform covenants with limited t-ariatioras by jurisdiction to eenstitute a uniform secu-
<br />rity instrument revering real property. This \tortgage shalt be governed by the Iau• of the jurisdiction in which
<br />the Property is located. In the event that any provision or ciaasG os thts ~4ortgage cr the Note eonfliets will?
<br />applicable law, such conflict snail net affect otiaer provisions of this Mortgage or the Note which can be given
<br />effect without the cantlicting provision, and to this end fhe pr•avisions of the Mortgage and the Nate are declared
<br />to be severable.
<br />16. Bozrot+rsr's Cagy. Borrower shall he iurnishecl a conformed copy of this 'tIortgage at tl?e time of exeau-
<br />Gian or after recordation hereof.
<br />1?. Trmssfer of the Pzaperty, Assumption. If all or an}• part of the Property or an interest therein is sold
<br />or transferred by Harrower without Lender's prier written consent, excluding sal the rresiian of a lien or encum-
<br />brance subordinate to this Mortgage, lbj the creation of a purel2ase rtonc~• seeurity° interest for household appli-
<br />ance~, ;c} a transfer by devise, descent ar l,y operation of lsx open the death of a joint tensitt or {d} fhe_-great bf
<br />any ieasehofd-interest of three years or less net containing. an option is I?urrhase, Lender =nay, at Lender's zpticn
<br />declare all the sums secured by this 13artgage to be im€nediatelr due at.d I€ayabte. Lender shelf pace waived -such
<br />option to aGC2lCrate L, priOI' t0 t't?Q SalC Or Iran°Ier, 'LQnd2r and tlr[. IM'I'Ean to th'110ID ihP PrapertY LS -tit €~e aald Or
<br />transferred reaGi? agreement in writing that the credit. of such person is satisfactorl- to Lander and that the interest
<br />payable an the sums secured by this ;liartgage shat`; I>e at such rate as Lender shall request. If Lender has waived
<br />#Ita option to aecalerata provided in this paragraph 1? and if Borrower's successor in interest has executed a writ-
<br />th:n assumption agreement accepted in c-rising I>y Lender, Lender shelf rniease Bar-atcer from all obfigatians under
<br />tl'aa hior=ogage-and the Note.
<br />If Lender exercises such option to accelerate, "Lender snail /nail Horrower notice of acceleration in aeeardanee
<br />ttitla jJara:;raph I4 hereof. Such notice shaft provide :a period of not less r_Iran ~ days fmm yEae data the notice is
<br />mailed within tvlaieh Borrax•er €nay pay the suns declared do€c. If Borrower fails to pay suet? sums prior t+r the
<br />expiration of such period, Lender a?a}°, teiiltout further notice or demand on Burrower, invoke any remedies per-
<br />mitted by paragraph 18 hereat.
<br />\at~-I"t~rroaat ('.acz:;r-nxrs. Barrotcer• anel Lender further eot-t~atant. land agree as follatvs:
<br />IS. Accelerations; Remedies. Except as pravideci in ysragr_y+l; i; irereai. upon Borrower`s breaolr of atry
<br />envens.nt or agreetatent. of Barlrwer it2 tills Ylortg;?f;n. including, ti€c cotenants to l;af when due any sums scoured
<br />by this 1lartgage, Lender Itrior to srecl:~•;rtron s €all n€aif € ot€ ~ to Bor at er rro •-dcd in paragraph 1# hereof
<br />specifying: il) the bread?; (21 tl€e action rcti;u red tr, cure v~ "Pa~'_-`,~"} :r•, not ley Than thirty dmys
<br />from the date ihr venire is ntaited to Banotter. by wirirt, ugh ~~ u~~, 'rt ur,il::zz~t t-4i iL•at iaiium to cure
<br />such breach an ar before the daze specified in tiro vatic*_~ €nay i=e-uet ir. arrelr:~iiaai' bf''tlre sums secured by this
<br />Mortgage and sale of #-hc Praperig. If the bread: is not cured nr. ar before the €iate sperifiacl in the notice, Lender
<br />at Lender's option may dentate al4 of the sums scented b:- this \tortgage to 'r?c iutrrediatefy due and ;.av*rhln
<br />without.furt•her demand and may forec':aa< ti€is Slart}:;cg2 by }udi>>ian praeeediug. Lender shall he entitled to rolleet
<br />in such proceeding all expe€t.es of or<_-closure. inr!tnlin~, fn€s not liu€ited to. costs of docuu€entary evidence,
<br />abstr.3cts and title a•epnrts.
<br />IQ, rro._aer's Ri;~tt to Reirs~a4e. \attvizlatr.n;.±.n„ Lender':; acceleration of thz sung .secured by_this-
<br />Rflai~gage, Borrower shall have the rigrat to have an}- proceedings begun by Lender #o enforce #Ilis ;Mortgage dis-
<br />c«itinued at any time prior to carry of a judgment enftyrit?g this Mortgage if: (a1 Harrower :bays Leader all
<br />sazans which wQUld be-then due under tfris Mortgage. the tiate :snd notes sertaring Futute :~dvanc~; if an; had `no
<br />ae~leratian aewurred; t"bl garrowcr turns elf br~arhes a; any outer covenants or agmenients of Borrower con-
<br />tained iuthis ~3ortgage; (ci Borrower pays-sit reasonable exjaenses incurred by I:ender in en#orcing the covenants-
<br />and agreements of Borrower contained an this Mortgage and in enfat tng Iender's remedies as }'<rovided is gate-
<br />graph lP hereof,-including, but not. limited to, reasonable attorney°?. `see; a€id idi Borrower takes such action rss
<br />I.:;n•jer play rda,"{z+nabl3 zequire io gssurs that- the lien of dais 1lortgsge, Lender's interest in the Property and- _
<br />tsngrrawar s abligatlon to pay the sums secured by tii"ts Mortfag~ s}aaall contintae iinim~Ia,red. Upon -such paymen{
<br />artd cure by Borzaxea-, ibis Is:lortgago snd the. olaliga{.'sons secured laerobti• shall remain in full force and effect as it
<br />ntl~aeceteration had oe~:ari'ed~
<br />gip. Ar+aigruraact ct Rests: ~gpoizattaent of 8sceiver; Lt~rler ins I?csseasion: ~1s additional security- here-
<br />ar*~+.'. Ftarr^~•e: h< `• w:i~a io Lender the rents a. uie 1'raperty: l,ro~ n3t~ t`rat Htirrawor shall, Prier to a~eol~r-
<br />ztton under paragrn~r tS hereof tirsliand'enment of stir Pr~-ierty,aaave tlac--righi Yo settees and ret$in staela reitta
<br />as they bernme due and payable
<br />Llporr r+,ecaleratian under a;aragraplt 18 hereof or aliandaraui'ent at t'7e- Property, -Lender, in person, by agent
<br />or.Iay #uut .€tul; anyr,'anted receiver 3ltall tae entitled to enter ulxan, tike liossessiotT of and manage the Property
<br />and ttt settees t;~e rents of the I'mpeirty_ including those vast thee. A1F rents eollectecl by Lender or the receiver
<br />slasiE be applied tires to payment of the costs ot.;naoagemealt of the Property and ratlertion of rents, including, Taut.
<br />not limited Via; rr~~iver'= fees, premiums anrccciver's bond,. and reasonable attorney's fees. and thin to the sums
<br />secured by tYrts Sloutgrigt. Lender send the receiver shall bii liable to account only far those. rents actually received.
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