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not extend ar postpone the due date of the monthly instnlhnents referred to in paragraphs 1 and 2 hereof or change the amount of such installments. 10. Borrower Not Released. 1Jxtension of the time for payment or modification of amortization of the sums secured by this iYlortgage granted 6y bender to any successor in interest of Borrower shall not operate to release, in any manner, the liability of the criginai Borrower and Borrower's successors in interest.. Lender shall not be required to commence proceedings against such successor or refuse to extend time far payment or othernise modify amortization of the sums secured by ibis \lortgagc by reason of at;y demand made by the original Borrower and Borrower's successors in interest. 11. Farhearance by Lender Not a Waiver. .4ny forbearance by Lender in exercising any right or remedy hereunder, or othervise afforded by spnlicsble laa•, shall net he a waiver of or preclude the exercise of any right or remedy hereunder. The procurement of insurance er the payment of taxes or other liens or charges by Lender r4 shall not be a w•ai~rer of Lender's right to accelerate the maturit}• of the indebtedness secured by this A'lortgage. "~ i2. Remedies Cumulative. All remedies provided in this Mortgage ere distinct and cumulative to any other +.=: right ar remedy under this )Iortgsge or aCierde,i h}- lave or equity, and pray he exercised concurrently, independ- +~ entry or successively. ,~; 13. Successors sad Assigns Bound: Joint sad Several Liability: Captions. The covenants and agreements v,,,. herein contained shall hind, and the rights hereunder =hall inure to, the respcctivc successors and assigns of Lender KA and Borrower, subject to the prevision. of paragraph t7 hereof. All covenants and agreement-s of Borrower shall ~>- be joint and several The ralrtions and heading, of the paragrcpir, of this Aortgage arc for convenience only and ~ are not to be used to interpret or define the pravision< her~•oi. 1$. Notice. An.- notice to Borrower lrra•.-ided far tr, >hi \lartgagehall Ire gi:-en by mailing such notice by certified mail addressed to Borrower st nc~ Yra!>erty Addre•~, stated below. except for any notice required under paragraph 18 hereof to be given to Borrowrr in thr uutnnrr p:rscribed by applicable law. Any notice lrovided for in this Mortgage shah he deemed to have been givt>n to Borrower when given in the manner designated herein. 15. Uniform Mortgage: Governing Law; Severahility. 'T'his form of mortgage combines uniform covenants for national use and non-uniform covenant with limited rat iations by jurisdiction to constitute a uniform secu- rity instrument covering real property. 'I"his \[ortgage shall he governed by the taw of the jurisdiction in which the Property is located. In the event that any provision or clause of this Alortgage or the Note conflicts with applicable law, such conflict shall not affect ether provisions of this lortgage ar the I~•ote which can be given effect without the conflicting provision, and to This end the provisions of the Mortgage and the Note are declared to be severable. 1S. Bozrower's Copy. Borrower shall he Tarnished s conformed copy of this .Mortgage at the time of execu- tion or after recordation hereof. 17, Transfer of the Property; Assumption. If all or any part of the Propertv or an interest Therein is sold ar transferred by Borrower without Ls'nde.*'~ prior written consent. ex~inding (al the creation of a lien or encum- brance subordinate to this Mortgage, i b} the creation of a lrurclrase money securit.;- interest for hausehotd appli- ances, (c) a transfer by devise, descent or by operation of law upon the death of a joint tenant or (d) the grant ox any leasehold interest of three years ar less not containing an option to purchase. Lender may, at Lender's option, declare all the sums secured by this \-Sortgage to he inunediately due and nayable. Lender shaIl have waived such option to accelerate if, prior to the sate or transfer, Lender and the persan to ;vhonr the _'roperty is to be sold or transferred reach agreement in writing that the credit at such person is ;atisfactor}- to Lender and that the interest payable n_n_ the sums secured by this 1lortgage shall be st such rate as Lender shall request. If Lender has waived the option to accelerate provided in this paragraph 1 i and it Borrower's successor in interest. has executed a writ- ten assumption agreement accepted ih writing by Lender, Lc nder shall release Barrow•er from all obligations under this 1"Iortgage and the Note. If Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. Such notice shall provide a period of not less than 30 dace from the date the notice i` mailed within which Borrower may pay the sums declared due If Borrower faits to pay such sums prior to the expiration of such period, Lender may. without iutther notice or demand on Borrower, invoke any remedies per- roitted by paragraph IS hereof. Nor-I?tatFOx>t C.=ovsxe~TS. Harrower and Lender fm•ther cotenant. and agree as follows: 18. Acceleration; Remedies. );xcept as procideti in paragraph 17 hereof, upon $orrower's breach of any covenant or agreement of Borrower ir. ±his Jiortgagc. including the covenants to pay when due any sums secured b}' this Mortgage, Lender nrior to acceleration slrail mail notice ro Borrawer as provided in paragnaplt 14 hereof specifying: (1) the breach; f2t the action required tv cure such breach; t31 a date, not Ices than thirty days from the date the notice is mailed to Borrawer, he rvhiclr tttc•!; hrcrclt must be eared; and t4) that failure to cure such breach on or before the date specified in the notice may result in aeeeleration of the sums secured 6y this Jlorgage and sale of the Property. If the breach is not eumd on or before the date specified in the notice, Lender at Lender's option may declare ail at the sums secured in• this lortgage to be immediately due zmd payable without further demand and may foreclose this lTartg:tge by judicial proceeding. Lender shall he entitled to collect in such proceeding all expenses of foreclosure, inciu<ting, but not limited to. costs of docuurentarr evidence, abstracts and title reports. 19. Borrowers Right to Reinstate. Votwithstanding Lender's acceleration of the sums secured by this Mortgage, Borrower shall have the right to have any proceedings begun by Lender to enforce this 3lartgage dis- continued at any time prior to entry of a judgment enforcing this \7ortgage if: tal Borrower pays Lender all sums-which would be then due under this Mortgage, the \ote and notes securing Future Advance., if any, had no aceeferatien occurred; (b} Borrower cures all breaches of am• other covenants or agreements of Borrower con- tained in this ?Mortgage; (e) Borrower pays ail reasonable expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mort,age end in enforcing I,encier's remedies as provided in para- graph 18 hereof, including, but not limited to, reasonabl€ attorney': fees: and id) Borrower takes such action as Lender may reasonahiy require to assure that the lien of thisllartgage, Lender's interest in the Property and Bornawer's obligation to pay the sums secured by Lhis \Iortgsge shall continue. unimpaired. Upan such payment and-cure by Borrower, this lYlortgage and the abligations secured ]reteby slrsll remain in full force and effect. as if no acceleration had occurred. Z(1. Astrig:xment o! Rorer: Agpaintment of Receiver; Lender in Possessiaa. As additional security here- , under, Borrower hereby assigns Lo Lender the rents of the Property, provid€d that Borrower shall, prior t~~ acceler- ation under paragraph 18 hereof ar sbandoltment of the Property, have the right to collect and retain such rents as they become due and payable. Upon aeeeleration under paragraph 18 hereof ar abandonment of the Property. Lender, in person, by agent or by judicially appointed receiver shxtl he entitled to enter upon, take possession of and manage the Property and txs collect the rents of the Property, including those. past due. All rents railceted Iroy Lender or the receiver shall be applied first to payment of the casts of management of the Froperty and collection of rents. including, but not, limited ta, receiver's fees, prexaiuprs on receiver's 6on<Is and reasonable attarncy's iees..md thou to the sums secured by this &4artgage. Lender and khe receirorer shall be liable io sccoant only for those rents ac•hrally received.