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not extend•or postpone the due date ai the monthly ittstailntents referred to in paragraphs I and 2 hereof or change the amoaat of such installments. 10. Borrower Not Released. Extension of the tune fm• payment or modificat5on of amortization of the sums secured by this 3ortgage grantee! by Lender to any successor in interest of Borrower shall not operate to release, in any manner, the liability of the original Borrower 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 amortization of the sums secured by this Mortgage hr reason of anv detnand made by the original Borrower and Borrower's successors in interest. 11. Forbearance by Lender Not a Vi'aiver. Any forbearance by bender in exercising any right or remedy hereunder, or otherwise afforded by applicable Ian, shat( I)Ot 1)e a R'Al~2r of or preclude the exercise of any right or remedy hereunder. The procurement of insurance or the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's right io accelerate rite maturity of the indebtedness secured by this l!Iortgage. I2. Remedies Cumulative. 311 remedies provided in ibis Mortgage are distinct and cumulative to any other right or remedy under this Mortgage or afforded by la\c or equitc. and ma}- be exercised concurrently, independ- curly or successively. 13. Successors and Assigns Bound; Joint and Several Liability; Captions. The covenants and agreements `~ herein contained shall bind, and the rights hereunder sltai( inure to, the respectlvo successors arri assigns of Lender ~ and Borrower. subject io the provisions of parsgruph 17 hereof..Vi covenants anal agreements of Borrower shall ~ be joint and several. The captions and headings of the paragraphs of this \tortgagr are far convenience only and are not to be used to interpret or de&ne the provisions hereof. ~ 14. Notice. any notice to Borrower provided ter in this Jtortgsge shall be siren by urailing such notice by ~., certified mail addressed io Borrower at the Property address ,rated helo\r. except for ¢:nr notice re-quired under paragraph 18 ]tereof to he given to Borrower in rite manner prescribed be applicai>lc fan-. any notice provided for in this 3ortgage shall he deemed to have been given to Borrower when given in the manner designafed herein. 15. Uniform Mortgage: Governing Law: Severability. 'I'bis form of mortgage combines uniform covenants for national use and non-uniform covenants with Iimiteei variations b}• iurisdiction to constitute a uniform secu- rity instrument covering real Ixoperty. This ~Iorfgage shall he geverneei bs• the law of the jurisdiction in which the Property is IoeatEd. In the event that any provision or clause oI this _lortgage or the Note conflicts with applicable law, such conflict shall not affect other provisions of This \Iortgage or the Note which can be given effect without the conflicting provision, and to this end the provisions of the Iortgage and the Note are declared to be severable. 16. Bonower`s Copy. Borrower shall be Turnished a conformed copy of This ~forigage at the time of execu- tion or after recordatim) hereot. 17. Transfer of the Property; Assumption. Ii all or env part of the Property or an interest therein is sold or transferred by Borrower without Lender's prior \rrftten conser.±. excluding ia) the creation of a Lien or encum- brance subordinate to this \Iortgage, 11)1 the creation of a purchase money security interest for household appl'. antes, ic) a transfer by devise, descent er by operation of la\\ upon the den*.h of a joint tenant or (d) the grant of any leasehold interest of three years or less not containing as option to purchase, Lender may. at Lender's option, declare ail 'the sums secured by this Mortgage to be inuuediatelc due and payable. Lender shall have waived such option to accelerate if, prior to tL-e sale or transfer, Lender at;d the perch to \vhonx the Pt°operty is to be sold or transferred reach agreement in writing that the credit of such person is satisfactor}• io Lender and that the interest payable an the sums secured by this Mortgage shall be at such rate as Lender shall request. II Lender has waived the option to accelerate provided in ibis naragraph t7 and if Borrower's successor in interest has executed a writ- ten sssumptian agreement accepted ih writing by Lender, Lender shall release Burrower from all obligations under this Mortgage and the Tote. If Lender exercises such option to accelerate, Lender shaiI chaff Borrower notice of acceleration in accordance \vith paragraph 14 hereof. 3ucit notice shall provide a period of not less than 30 dace tram the date the notice is tnailed within which Borrower may pay the sums declared due. If Borrower fails to liar such sums prior to the expiration of such period, Lender ma}•.:vithout furthet• notice or demand an Borrower. invoke an}• remedies per- mitted by paragraph 18 Ite:•eof. fox-L`~tgors~nr COVF,NAFTS. Borrovvet• and Lender farther covenant and agree as folloirs 18. Acceleration; Remedies. Except a~ provided in paragraph 17 hereo. upon Borrcnver's breach of any covenant or agreement of Borrower In ti;i= ~fort}:aec. including the covenants to }lay \vhett due am• sums secured by Phis Mortgage, Lender prior to sccelerattnn shall mail notice tc Borrower as prov'icieci in naragraph 1•l hereof specifying: 11) the breach; i21 the action rt~rluired to cure such breach; iii a date, not less thar. thirty days trom the date the notice is maiicvl to Borrower. l.v which surf breach must he cured: and ill that failure to cure such breach on ar hatare t-Ile date specified in the notice may result in acceleration of the sums secured by this >iortgage and sale of the Property. i= the breach is not careri oP: or befm•c the ~iatc~ slreeified in zhe notice, Lender at Lender's option may declare sIi of the sums secured by ibis Sortgage to be immediately due and payable without further demand anin such proceeding all expenses of fnreciosure. tnc;uaing, }rut not lituited to, costs of documentary evidence, abstracts and title ren_ orts. 19..Borrower`s Right to Reinstate. tiotw-ithatauding Lender's acceleration of the awns secured by this Mortgage, $orrower sha}I have the right to have any proceedings i)egmt by Lender to enforce this 3ortgage dis- continued at any-time prior to entry of a judgment enio~•cing this ~Iortgsge if: (a; Borrower pays Lender all sums which would be then due under This Iortgage, the :\ote anti notes securing Fnhrre Advances, if any, had no acceleration occurrnd: fb} Borrower cure: alt breaches of anv other covenants or agreements of Borrower con- tained in ihis'+rfortgage; Ic) Borrower pays all reasonable expenses incurred be Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in enforcing Lender's remedies as provided in para- graph 18 hereof, including, but not limited to, reasonable attonter's lees: and ;d} Borrower takes such action as Lertder may reasonably require to assure that the lien of this Mortgage, Lender's interest in the Property and ~otrower's obligation to pay the sums secured by this Mortgage :hall continue uninrpaired. L'1?on such 1?ayment and-cure by Borrower, this l~fartgage and the obligations eecured hereby shaft remain in full force and effect as if na acceleration had occurred. Zt1. Rsaiatteat of RerNs; Appoimtmeni of Receiver; Lender is Possession As additional security here- urtder; $atrawer hereby assigns to Leader the. rents of the Propert}~, provided that Borrower . 'tali, prior to acceler- ation under paragraph 18 hereof or absndontnent of the Property, have the right to collect and retain such rents as they beatime due and payable- I7pnn acceleration under jlaragraph 18 hereof or abandonritent of the Property, Lender, in person, by agent or by judieialIy appointed aeceiver-shall be entitled to-enter upon, take possession of and n)anage the Property and to collect the rents of the Froperty, including those past due. all rents collected by Lender or the receiver shall be applied first to payment of the costw of management of the Property and collection of rents, including, but not limited Eo, receiver's fees, premiums on receiver's bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. Lender and the receiver shall be liable to account onh~ far those rents actually received.