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not extend or postuoue the due date of the nianthh• iustalhr,ents referred to in paragraphs i and 2 hereof or change the amount. of such inskalhnent 10. Borrower Not Released. Extension of the time for payment or modification of smortizat.ion of the sums secured by this 3ortgage granted by Lender to any successor in interest of Borrower shall net 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 ar refuse to extend time for payment or otherwise modify amortization of the sums secured by this Mortgage by reasmt of any demand made 6y the origins{ Borrower and Borrower's successors in interest. 11. forbearance by Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded by applicable la;v, shall not be a waiver of or preclude the exercise of any right or remedy hereunder. The procurement of insurance ar the payment of taxes or other liens or charges by Lender shaii net be a waiver of Lender's right: to accelerate the maturity of the indebtedness secured by this Mortgage. ~ 12. Remedies Cumulative. Ali remedies provided in this \lrtgage are distinct and cumulative to any other right or remedy under this Mortgage or afforded by lan• m• ~qutty. and ma}• be exercised concurrently, independ- ~ entry or successively. 13. Successors and Rssigns Bouad; Joint and Several Liability; Captions. The covenants and agreements •~" herein contained shat bind, and the rights hereunde, shall {Wars: to, the respective successors and assigns of Lender --' and Borrower, subject to the provisions of paragraph ]" hereof. All covenants and agreements of Borrower shall be joint and several. The captions and headings of the paragraph. of this Mortgage are for convenience only and ~ are not to be used to interpret or define the provisions hereof. ~ 14. Notice. Am> notice to Borrower provided for in this _Alortgagc• shall be give^ by mailing such notice by certified mail addressed to Borrower at the Property Addre<~ stated belon, except fm• any notice required under paragraph 18 hereof to be given to Borrower in thc• manner prescribed hr ;.pphcablc law. Any notice provided for in this ~Iori.gage shall he deemed to haco been given *.o Borrower when ;riven in the mannet• designated herein. 15. Uaiform Mortgage; Governing Law; Severability. 'I'bis fotn~ of mortgage combines uniform covenants for national use and non-unifom~ covenants with limited variations by jurisdiction to constitute a uniform secu- rity instrument covering real property. This Mortgage shall be governed by the Iaw 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 laa•, such conflict shall not affect other provisions of this Mortgage or the Note which can be given effect without the conflicting provision, and to this end the provisions of the _lortgage and the Note are declared to be severable. I8. Borrower's Copy. Borrower steal! be furnished a conformed copy of this Mortgage at the time of execu- tion or after recordation. Ifereof. 17. Yransfer of the Property; Assumption. If all or any part of the Property or an interest therein is sold or transferred by Borrower without Lender's prior written consent, excluding ial the creation of a lien or encum- brance subordinate to this Mortgage. (hi the creation of a purchase money security interest for household anpli- an.^,es, fc) a transfer by devise, des: eat or 13y ol;eratiati ai is;. open the death o€ is joint tenant or f d) the grant of any leasehold interest of three years or less not eontairing an option to pure'rsse, Lender mac. at Lender's oL~' _ declare all the sums se^ured by this Mortgage to be inunedisteh- due sr~d payable. Lender shall have waived such option to accelerate if, prior to the sale cr transfer, Lender and the peron to ;whom the Property is to be sold or transferred reach agreement in ;uniting that file credit of such person is satisfactory to Lender and than the interest payabie on the sums secured by this _aortgage shaii ife at such rate as Lender shall request. If Lender has waived the option to accelerate provided in this paragraph li and if Borrower's successor in interest has executed a writ- ten assumption agreement accepted ih writing bp• Lender, Lender shall release Borrower from a1i obligations under this Mortgage and the Note. If Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in aecordanee wi,,h paragraph 14 hereof. Such notice shall proridc a period of not Less than 30 days from the date the notice is mailed within which Borrower may pay the sums declared due. If Borrower Iails to pay such sums prior to the expiration of such period, Lender may, without further notice or demand on Borrower, invoke any remedies per- mitted by paragraph IS hereof. \ox-IIhiFOS~t C~OC'F.NA\TS. Borrotti•er and Lender ±urther covenant and agree as follow 18. Acceleration: Remedies. Except as provided i^ paragraph 17 hereof, upon Borrower`s breach of any covenant or agreement of Borrower in this ~tof-tRage. including the covenants to pay when eiue any sums serured by this :;Irtgage, Lender prior to acceleration shaii mail notice to Borrower as providod in paragraph 14 hereof specifying: fl} the breach; t21 the action required to curesvelrltrearlirt3) a date. not less than thirtc days from the date the notice is mailed to Borrower. by which such breach must be cured: and i4i that failure to cure such breach on or before the date specified in the notice may f•esutt in acceieTatian`of the sums secured by this :>.4ortgage and sale of the Property. If the breach is not cured oc or iiefore the date specified in the notice, Lender at Lender's option may declare ail of the sums secured by this Mortgage io be immediatety due and payabie without further demand and may ioreciose this Mortgage by judicial proceeding. Lender shaii be entitled to collect in such proceeding all expenses of foreclosure, including, teat not limited to, costs of documentary evidence, abstracts and title teports. 1$. Borrower's Righf to Reinstate. \otwitl~standing Lender's acceleration of the sums secured by this Mortgage, Harrower shaii bare the right to have any proceedings tregun by Lender to enforce this 1ortgage dis- continued at any time prior to entry o2 a judanent enfgXeing this Mortgage if: tai Borrower pays Lender all sums which would be then due under this ~tartgage, the Note and notes securing Future Achances, if any, had no acceleration occurred: (b) Borrower cures atI breaches of any other covenants or agreements of Borrower con- tained in this Mortgage; fe) Borrower pays alt reasonable expense- incurred by Lender in enforcing the covenants and agreements of Borrower contained in this _l•fortgage and in enforcing Lender`s remedies as provided in para- graph I$ hereof, including, but not }imited to, reasonable attotney's fees: and td) Borrower lakes such action as Lender may reasonably require to assure that the lien of this ~Iortgagc, Lender's interest in the Property and Borrower's obligation to pay the sums secured by this 1ortgage shaii continue unimpaired. tTpon such payment and cure by Bormwer, this Mortgage and the obligations secured hereby shall remain in full force and effect as if no acceleration had occurred. Z0. Assie~aauat of Reins; Appoiatmeat of Receiver; Lender is Possession As additional security here- tmder,Harrower hereby assigns to Lender the rents of file Property, provided 'that Borrower shall, prior to acceler- .atian under paragraph I$ hereof or abandonment of life Fmperty, have the right to collect and retain such rents as they taecome due and payable: Upon acceleration udder paragraph I$ hereof or abandonment of the Yroperty. Lender, in person, by agent or by judicially appointed receiver shall be entitled to-enter upon, take iwssession of and manage the Property and to collect the rents of the Property, including those past due. All rents cailected by Lenclcr or the receiver shall he applied first to payment. of the costs of management of the Property and collection of rents, including, teat not limited ta, receiver's fees, premiums on receiver'; bands and reasonable attorney's fees. and then to the sums secured by this Mortgage. Lender end the receiver shall be liable to account only for those rents aeiualiy received.