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P•--- - ,~~, not extend or postpone the due date of the monthly installments referred to i•t paragraphs 1 and 2 hereof or change the amount of such installments. l0, Borrower Not Released. Extension of the time for payment. or modification of amortization ot" the sums secured by this _Mortgage granted by Lender to any successor in interest of Harrower shall not operate to release, in any manner, rite liability of tl;e Original Borrower and Borrower's successors in interest. Lender shall not- be required to commence proceedings against sash successor or refuse to extend time for payment nr otherwise modify a*nvrtiaation of the surfns se trod ?+v *Itis liettgage Ly rea.,~n of at:y ds:nand ir.ade by the original Barraasr and Borrower'ssuccesso~ in interest. IL 1 orbeazaase bg Lender Not a Walver. -4riy forbearance b}~ Lender in exercising any right ar remedy hereunder, or otherwise afforded by applicable Saw, shall not he a waiver of or preclude the exercise of any right or remedy hereunder: The procurement of Tnsurarce or fire payment of taxes or other tiers or charges by Lender _~ shall -not be a waiver of Lender's right to accelerate the nraturity of the indebtedness secured by this Mortgage. I2. Remedies CtimutaRve. _ill remedies provided in this Jortgage are distinct and cumulative to any other right ar remedy under this .Mortgage or afforded by Tate or equity, and may be exercised concurrently, Tndepend- e+i entry ar successively. IS. $uacessocs sad iAcsigas Bouad; joint sad Several Liabititp; Captions. The covenants and agreements ,•;~ herein contained shall bind, and the rights hereunder shat: inure to, the respective successors and assigns of Lender and Borrower; subject to the provisions of paragraph 17 hereof. All covenantsc and agreements of Borrower shall ~ be joint attd several. The captions and headings of the paragraphs of this Mortgage arc for convenience only and h are not to be used to interpret ar define the provisions hereof. 14. Notice. Ang• notice to Borrower provided for in this \lor_gage shall he gi~•en by mailing such notice by certified mail addre~ed to Harrower at the Property Address ,fated below, except for any native required under paragraph 18 hereof to be given to Borrotiver in the manner prescribed by applicable law. Any notice provided for in Chic lortgage shall be deemed to have been given to Borrower when given in the meaner designated herein. I5: Uniform Mortgage; C:overaiag Law; Severabiiity. This farnt of mortgage combines uniform covenants for national use and non-uniform envenants with limited variations by jurisdiction to constitute a uniform seen- rity instrtinient covering real property. This Mortgage shall be governed by the Ica- of the jurisdiction in which the Property is located. In the event that any provision or clause of -this Mortgage or the Note conflicts with applicable isw, such conflict shall not affect other. provisions of this llartgage or the Note which can be given eiI'est without the conflicting provision, and to this end the previsions of the Mortgage and the Note are: declared to be severable. I8. Bgzrawer'a Copy. Borrawer shall be furnished a conformed copy of this t"~rtgage at the time of execu- tion or after recordation hereof. !7. Tzaasfer of the Property; Assumption. If all ar any pert of the Property ar an interest therein is sold or transferred by Harrower without Lender's prier written consent, excluding {a) the creation of a lien or enetrm- branae subordinate to 'this &Iortgago, tb) the creation of a purchase money ~sectnity interest for household appli- ances, {c) a transfer by devise, descent or by operation of law upon the death of a joint tenant ar {d) the grant of any leaxehold interest of three years or less not containing an option to ,,urehase, Lender may, at Lender`s option, declare all the sums securetl l}y-this ?Mortgage +_a be immediately due and payable. Lender shall- have waived. such option to accelerate if, prior to the sale or transfer, Lender and the person to wham the Property is to Ire sold ar transferred reach agreemenC in writing that the credit of-such person is satisfactory iv Lender snd that-the interest payable an the auras secured by this Mortgage snail be at, such rate as Lender shell regnest, If Lender has waived the option to accelerate provided in this paragraph 17 and ii Borrower's successor. in Interest has executed .a writ- ten assumption agreement accepted in writing by Lender, Lender shall release Borrower from-alt o6ligatians under,- this Mortgage snd the Note. I# Lender exercises sttcP aprian to accelerate, Lender shall mail Borrower notice of acceleration in accordance with paragraph I4 hereof. Such notice-shall provide a period of not Tess-than 30 days from the date- the notice is mailed within which Horrawer tuay pay the -sums declared due. If Borrawer fails to pay such sums prise to the ex~Tiation of such period, Lender may. tvithaut further notice or rlerttand on Borrowrer, invoke any remedies per- rititted by paragraph ~8 hereof. Lrox-L'+xtFOx.at Co«xw:~zs. Borrower and Lender further ease*.?ant and agroe as folTavvs-: IS. Accelezatioa; Remedies. E:xeept as provided itt paragraph I7 hereof, upon Borrower`s. breech of env covenant ar agreement of Borrower in this Mortgage, inriucting the covenants to pay when due any sums secured by Lhis ,Mortgage, Lender Itrior to accelerataott shalt nutil notice tiq Borrower as provided in paragraph.l4 hereof specifying: fl) the breach; i2) the artian recyuired to et:re sueit breac}i; 43) a date. not less than thirty days from the date the notice is mailed to l3arro~ctr, b}• which sorb Breach tttust. lrc cured; and (41 that failure to cure such breach nn or before the dale specified in the notice may result in acceleration of the sums secured by this nartgage and sale of the Property. If the breach is not cured on or before the date specTFed in ttte notice, Lender at Lender's option may declare all of the sums secured by this ~lvrtgage to be immediately due and payable without further demand and map foreclose this ~fori.gag~ by judicial proceeding. Lender shall be entitled to collect in such proceeding-all expenses of foreclosure, including, but not liutited to, costs of documentary etiddenee, abstracts and titre reports. i9. Borrower`s $ig13t to Reinstate. ~'~otw•ithstanding Lender's acceleration of the sums secured by this Mortgage: Botiower sTtall have the right to have any proceedings begun-by- Lender to enforce this Mortgage-dis- cantinrted at arty-time prior to entry of a judgment enforcing this Mortgage if: }a} Borrower pays Lender alt soma whivh spvutd be then dtie under thss _Llartgage, the 4afe-and rioter securing Future Advances, if any; had na at'eeleratian occurred; (b) Horrower cures ail breaches of env other covenants yr agreements of Harrower con- tairted in this Mortgage: {c) $arrower-pays all reasonable expenses. incurred by I:ender in enforcing the txtvenants ` and agreements atBat~awer contained Tnthis btartgage and in enforcing Lender's remedies as provided Trt pars- - =graph 18 hereof, including, but oat limit~ed.to, reasonable attarnev's fees;-and (di Borrower takes such action aL Lender may°reasonairly rec~rsire to zssure that the lien. of this' \tartgage; Lender'G-. interest ni the Property and Borrower's obligattnn to pay the sums secured hp thi:Q 3lorkgsge_ chair continue unimpaired:. Llpan such payment - and cure by Borrower, this 'Mortgage and the obltgat toes secured hereby shalt remeiti in full force aril effect as if no acceleration had occurred. 2U. Assignment of Recta: Appaiatmeat: 04 $eceivei; feaifer im Possescian_ :~ additional security here- under, Borrawer hereby assigns to bender the rents of ti~F Proper?..,-, provided the, Boma •er ahaTT,t+rfor tb acenlet- ' pion under harngraph iR 6ereaf or abandonment of fire Property, htrvc *hc right to collect earl rptain`siicli rants as they 6eceme due and payable. Upon acceleration under lwragraph 18 hereof or ahandarment of the Y;aperty, Lender; -in- person, ;Tay agent or b;- judtaiafly appointee} receiver shall he entitled to enter u}ion. take passe=stun of and manage the Yraperty and to c711ect the rents of the Property; including those pack due.-All rents coiTectE~? by j~ender or the receiver ' shat! he spptied,.~rst to payment. of t,he_ rests of management of the Ptx,pexty--and collection of rent3, ineitdTng, but not limited tv, zeeeivei's fees, pretpit±nw on rccriver's band:: snd reasonabfe.attarney's fees. and then to the sums secured by this T4lortgage. Lander snd the recei~•cr shall 1x~}ia},le to_seeount only far these rents actually received.