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Hat extend or postpone dtc due date of ihc.tnonthh- installments referred to in paragraphs 1 and '2 hereof or
<br />change the amount of such installments.
<br />Ip. Harrower Not Released_ ruxtension of tl:e thzte for Imyntent. ar modification of amart.ization of the sums
<br />sccaredliy this .Mortgage granted by Lender to any successor izt interest of Borrower shall not operate to release,
<br />.1... l:.. k:l:,. th., .igin..t Rn .... ... ,...id Ba^... •....., ..... C .. .nt°..... Li.'•dc - -iE riot be
<br />any '
<br />required toicommeneelxoceedings against such successor or refuse to extetzdytime for payzuent or otherwise modify
<br />amortization of the suti3s seeurecl by this _liortgsge by rear~oti of any demand made by the original Burrower-and
<br />$arra~rar's suees<sars in irteresi:
<br />II. Porbecaance by Lender Nat aWaiv~r.- -Any forbearance by bender in exercising any right ar remedy
<br />leretuauer, or otherwise affaaded ire applicable lazy; ehali trot be a waiver of ar preclude the exercise o€ any right
<br />or remedy hereunder. Tle procurement of insurance ar the payment of taxes or oiler liens or charges by Lender
<br />shall nut lie s Evaiver of Lender's right to-ac:;elorate-the maturity of-the indebtedness secured by this Aiartgage.
<br />~ i2. ?:eYiedies Cumulative. :1E1 remedies pray-ided in this _ltartgage a:•° dirt-inst. and cu*nulstive to any other
<br />right ar remedy trader this \lartgage or afForded by=law ar equity. and nza}• He exercised concurrently, independ-
<br />~ i3. Successors and Assigns Bound; Ioiat sad -Several Liability; Captions. The covenants snd agreements
<br />.~. herein-contained shall bind, and tle rights hereundsr shall inure to, the respective successors and assigns o€ Lender
<br />.;r and Harrower, subject io the provisions of paragrap}: 17 Hereof. All covenants and agreements of Borrower shall
<br />be joint and several. The captions and headings of the paragraphs of tlisllortgage are for eanvenienee only snd
<br />_ are nut to le used to interpret or define the provisions hereof.
<br />14. Notice. Any notice to Borrower provided for in this 1ortgage s1a11 be given by mailing such notice by
<br />certified mail addressed to Borrower at the Property Address stated beloz;•, except for any nat.ioe required under
<br />paragraph -l$ hereof to le given t-o Borrower in the manner prescribed by applicable law. Any notice provided
<br />facia this 1ortgage shall he deemed to haze been given to Borrower when given in the inanner designated herein.
<br />Is. Uniform I~iortgage; Governing Law: Seve:abifity. THis form of mortgage. combines uniform covenants
<br />far national use and non-uniform covenants. with limited variations by jurisdiction to constitute a uniform secu-
<br />rity instrument covering real property. This Mortgage slab be governed Hy the law of the jurisdiction in which
<br />the Property is located. I.n the event That any provision or clause of this ~4ortgage or the Note conflicts with
<br />applicable law, such conflict shall not affect other provisions of this liartgage or the iQote which can tae given
<br />effect without the contiieting }xovisian, and to this end the provisions of the .lblortgage and the Note are declared
<br />to be severaisle.
<br />16. Borrower's Copy. Borrower shall le furnished a conformed copy of this ;Mortgage at the time of execu-
<br />tion or after recordation hereof.
<br />i7. Transfer of fire Property: Assumption. If all or any part of the Property or an interest therein is-sold
<br />or transferred by Borrower without Lender's pros written consent. excluding ;a) the creation of a lien or ensum-
<br />Firance sulordinate to this Mortgage. {b) the creation of a purchase money security interest for household. appli-
<br />ances, (c} a transfer ly devise, descent or by operation of law upon the death of a joint tenant ar td) the. grant of
<br />any leasehold interest of three years t,. }ess nat. rantaasning an vptian to }'~.irehase, Lender :nay, at Lender's agtian;
<br />decEsre al3 t•He-sums secured by this Mortgage to be imntediaielp• clue anti payable. Lender shall have waived-such.
<br />option to accelerate if, prior to the sale er transfer, Lc•;der and tle Peron to whom the Property is to be sold ar
<br />transferred reaels agreement ir. writing tlsat the credit of such per_wn is satisfacton- to Lender and that the interest
<br />payable ati the sums secured by this biorUgage shall be at such rate as Lender shaiE rvrtuest. if Lendei has -:~aiv~
<br />the option to accelerate provided in ills paragraph 17 and if Borrower's successor in interest has executed a writ-
<br />ten assumption agreement accepted ih writing by Lender; Lender shall release Borrower from all abligstions under
<br />this Mortgage and the Note.
<br />If Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in accordance.
<br />wiUr paragraph 14 Icereof. Such notice shall provide a period of not Eess than- 30 days from the date the notice is
<br />mailed-within which $arrawer tray pay the sums declared due. Ii Borrower fails to pay such sums prior to the
<br />epiration of -sash period, Letxler inay, without further Waller or demand on Borrower, inr:oke any remedies per-
<br />muted by paragraph 18 hereof.
<br />~a~t-I?xiFOa~z Cocu•;x:~n2~s. Borrower and Lender ftrrtltcz• cavenazrt antf agree as €o]lotia-s:
<br />I$. Acceleration; Remedies, Except as provitlcd iii paragrapl, 17 .hereof, upon Borrower`s breacl of-any
<br />cavenart or agreement of Borrower in this 3fortgnge, including tlc cvzrenants-ta pay rhea-due -any sums secured
<br />lylhi Mortgage, Lender prior to aeeeferation shall snail notice to Bor;roczer' z#s`-}i1•avicied iii pamgraplt Id hereof
<br />specifying:- (IT the breacl; t2) the action ref;aired to cure ,ucli i,resch; 13) a ilafe,-not less than thit~y days
<br />franc the date the notice is fuelled to &arrawer. be which such bvraeh must Ise cured; and ~(41 that failure to cure
<br />such breach on or before fife date specified in the notice may result in aces}erasion of the sum. secured by this
<br />Mortgage snd sate of the Property. Ii the breacl is not curer{ ar, or Hefare the date specified in the notice, Lender
<br />at Lender's option Wray dectare all of the awns secured i,y thin 1'iort.gage to le imiaediately due and payable
<br />without further demand snd tnay foreclose this ~4vitga£e by jutticial proceeding. Lender shall-he entitled to collect
<br />ir. such proceeding alI expenses e€ foreclost:,c, including, but not limited to, costs of clocutnentary evidence,
<br />abstracts and title reports.
<br />i9. Bocrowez`s Right to Reinstate. \atwitltstanciing Lender's acceleration of the sums secured by this
<br />i3artgage, Borrower slap lave the rigEit to Have any prac•eeiii=-:gs begun by Lender to cnfarce this lortgage dis-
<br />sontinued at-any time prior to entn~ of a judnment enfa~ciug this 3ortgage i€: {a) Borrower pays lender sIl
<br />sums whiel would be then due under this ~lar[gsge, zl,e \ate anti Hates securing Fuhtre Advances; if-any, had ao
<br />acceleration occurred; (b} Borrower cures all breaetzes of any other coveniuzts or agmements of Borrower car
<br />tained in this?viartgage; (c) &arrawer pays all reasonab}e expenses ineurrecf hz- T,ender in enfareing tle covenants
<br />aird agreements o€ Borrower catrtained in this Martgagc and in enforcing Lender's remedies as provided in para-
<br />gisplr i3 }iereof, including; but. not limited io, rcasonalie attoruev's fees: and td) Barroiver takes such action as
<br />Lender' may reasenahly require to assure that the lien a€ this Mortgage, Lender's interest in tlio Property and.
<br />;33armwer's obligation fo pay the sums secured Iiy this 1Sortgagc sliatl conUhiiic unimpaired. LT}xin such paynier:t
<br />and cure by Borrower, this ?lortgegc snd the a6ligatiora secured Iterebi~ shall remain in full force sirci effect as if
<br />na acceleration had occurred.
<br />'lQ. Aaeictartrent of $ertin: Ftppairttmeat of Receiver; Lender in Fosse~a#on. is atiditiansl security hhre-
<br />uaider, Burrower liereb}• assigns to Lxndcr Ulte rents vt the Property. prc,ridc:r{ that,-~iorracver s1rsll, prior to arc®ler
<br />• avian under pasagraptt i8 hereof or ab3itdonnienf of tnc Pri~p^Mc .t~rc *_Hc aglrY ~o eollect.snd retaitr suclr_tent;
<br />as they become due :roc! payable.
<br />Upon acceleration under paragraph 18 hrrblor ai,andoumeet ai the Pro;tarty, Lender. fln person, ly agent
<br />ar by jtirlicialtg-appointe,,l-receiver xitall he entitled rv enter upaA, ts~kc. posPes~ian of :and-manage the ProperUc
<br />and .atollect tha.rarrUc df t3ie Property, including those pttistdue: A14 tonic coilcct~tl=hy Lender or t-te receiver
<br />shall-Yte appiiedfrrst ter l3ayititeut. c,f th<anoats of n,anatenipnb of t1t~ Property and collection of routs. including, bat
<br />not liznifed ta, receiver's fees, pr€mrunzs o;t rcceiver':> lotrcls anti masonaEle attorney's fce~~. and then to the stuns
<br />~ecirred by this tfoztgage: Lender snd the receiver ali;iEt he liable to account only far Chase rents actually reccirecl.
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