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not extend or• post.pone the due date of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amount of such installments. ill. Borrower Not Released. Ext.ensiou of the time fm- payment or moth:nation of amortization of the sums secured by this Mortgage granted by bender to any successor in interest of Borrotver shall not operate to release, in any manner, the liability of the original Borrotver and Borrower's successors in interest. Lender shall not be required to commence proceedings against such successor or refuse to extend time for payment or otherwise modify atttortization of the scans secured by this Mortgage by reason of any demand made by the original Borrower and Borrower's successors in interest. 11. Forbearance by Lander Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded by applicable late, s}tail net be a waiter of or preclude the exercise of any right ~ or remedy hereunder. The procurement of insurance or the payment ei taxes or other liens or charges by Lender shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this Mortgage. '~ I2. Remedies Cumulative. All remedies pratided in ibis dart-gage era distinct and r_umulative to any ether right or remedy under this liartgage or afforded by la+t or equity. and ntay be exercised concurrent}y, independ- °"""1 entry or successively. i3. Successors and Assigns $ormd; Joint cad Severat Liability; Captions. The covenants and agreements --'~ herein contained shall bind, and the rights hereunder shall inure to. the respective successors and assigns of Lender and Borrower, subject to the provisions of paragraph 1 i hereof. AII covenants and agreements of Borrower shall be joint and several. The captions and headings of the paragrslrh= of ;his Mortgage are for convenience only and ~ are not to be used to interpret or define the provisions hereat. 14. Notice. Am• notice to Borrower provided for in this lfortgagc shall be git-en by trailing such notice by certified mail addressed to Borrower at the Pronert}- Address stated below. except for any retire required under };aragrap}: I8 hereof to i;c given to I3orrowcr in the manner prescribed by applicable law. Any° notice provided for in this llorigage shall be deemed to hate bean given to Borrower when gim^ in the manner designated herein. l5. Uniform Mortgage; Governing Law; Severability. This form of mongage combines uniform covenants for nations} use and non-uniforni covenants with limited variations by jurisdiction to constitute a uniform seeu- rity instrument covering real property. This Mortgage shat! be governed by the law of the jurisdiction in which the Property is located. In the event that any prevision or clause of this Mortgage ar ibe Note conflicts with applicable law, such conflict shall not affect- other provisions of this Mortgage or the Notc which can be given effect without ti;e conflicting provision. and to this end the provisions of the lortgage and the Note are declared to be severable. 16. Borrower"s Copy. Borrower stall be furnished a conformed copy- of this llorigage at the time of execu- tion or after recordation hereof. 27. Tzaasfer of the Pzaperty; Assumption. If a}} or any part of the Proaerty or an interest therein is saki or transferred by Borrotver trithout. Lender's prior written consent. excluding tai t}te creation of a lien ar encum- brance subordinate to this Mortgage, (b; the creation of :c pureLaae n,aney security interest far household appl~ coves, (c7 s transfer by d°vise, descent or by operation of l~t+ upon. the death of a joint tenant or (dl the grant of any leasehold interest. of three years or less not containing an option tv purchase, Lender may. at Lender's option, declare all the sums secured by this Mortgage to ite immediately vine and payable. Lender shall have waived such option to accele-ate if, prior to the sale or transfer, Lender stud the perar. to whom the Yroperty is fo be sold or transferred reach agreement in writing that the credit of such person is satisfactory to Lender and that the intermit payable on the sums secured by this Mortgage shall be at suet, rate as I-ender slcail request. If Lender has waived the option to accelerate provided in this paragraph 17 and if Borrott-er•s suece.~or in interest has executed a writ- ten assumption agreement accepted ih writing i;y bender, Lender steal} release Borrower from all obligations under this Mortgage and the Note. If Lender exercises such option to accelerate, Lender shall rnaii Borrower native of acceleration in accordance with paragraph 14 hereof. Such notice shall provide a period of not less than 30 days from the date the notice is mailed within which Borrower tray pay the sums declared clue. If Borrower fails to pay such sums prior to the expiration of such perio~+, Lender may. without ftn•ther notice ar demand on B'orrnwer. invoke any remedies per- mitted by paragraph 18 hereof. :o?v-L`xtr`ox~t CovE~a~TS. Borrotver and Lender further covenant and agree as follows 18. Accelezatfon; Remedies. Except as ptovided in paragraph 1 i hereof, upon Borrower's breach of any covenant. or agreement of Borrower in this llot•tgagt•, including the cotenants to pay when due any stints secured by this ltorigage, Lender prior to aceelet^ation shall mail native to Borrotver as prodded in paragraph 14 hereot specifying: (1) the breach; (2} the act}on rcyuirrd to cure such breach; !31 a vier-e. not less than thirty days from the date the notice is trailed to Borrotver. by which sue6 hrene)t must be. curet!; one} (4'I that failure to cure such breach on ar before the date specified in the notice may result }n acceleration of the Burn=_ secured by this 'Mortgage and sale of the Propert}•. If the breach is not cured or. or before the date specified in the notice, Lender at Lender's option may declare all of the stuns secured i;y this lortgage to he innnediately due and payable without further demand and tray foreclose this Mortgage by judicial proceeding. Lender shat} he entit.}ed to collect in such proceeding all expenses of foreclosure, including, tent not limited to, costs of documenkary evidence. abstracts and title reports. 19. Borrower's Right to Reinstate. Notwithstanding Lender's acceleration of the sums secured b_y thts Mortgage, Borrower shall have the right to hate any proceedings begun by Lender to erforcc this :Mortgage dis- continued at any time prior to entry of a judgment enforcing this ltartgage if: is~ Borrower pays bender si} sums which would be then due under t:nis lfortgagc, the. Note and notes securing Future :Ldvances, if any, had no acceleration occurred; (b) Borrower cures al} hrenehes of any ether covenants or agreements of Borrower can- tained in this Mortgage; {c3 Borrower pays alt reasonable expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in enforcing Lender's remedies as provided in para- graph IS hereof, ineiucling, but not }invited to, reasonable attorney"s fees: anti td) Borrower takes such action as Lender may reasonably require to .assure that the Tien of this lfortgagc, Lender: interest in the Property and Borrower's obligation to pay the sums secured by this llortg€tge shall coniinut• unimpaired. CTpon such payment and-cure by Borrower, this iVtortgage and the,obligations secured hereby shy}i remain in ful} force and effect as if no acceleration. had occurred. 2t1. Ksgigretnent of Roa~,• Aggointmemt of Aeeeivert Lender in Possession. As additional security here- •tutder, Borrower hereby assigns to Lender the rents of the Property. }trocided drat Borrower she!}, prior to acceler- ation under paragraph 18 hereof or.abandanrnent of tflc Property, have the right to collect and retain such rents as they become due and payable. .Upon acceleration under paragraph 18 hereof or ahandanment of the Yroperty. Lender. in person, by agent ar by jadicislly appointed receiver shall- be eittitied to enter .upon, take ~rossession of and manage the Property and to co}lest the rents of tl:e Ftroperty; inelutting tktose past rltte. ail rears collected by Lender or the receiver shall be applied :test to payment of the costs of rnar,agement aS the Pro},erty anti collection of rents. inelu,ling, tent not }invited to, receiver's fees, premiums nn receivers hank and rcasoutblc attorney's feus_ and then to the sums secured by this :ortgage. Lender and the receiver shall he }table to account only tar those rents actually rereit•ed.