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not extend or postpone the due date of the montl+Iy instalhuents referred to in paragraphs 1 and 2 hereof or change the amount of such installments. 1Q. Boxrower Not Released. Extension of the time for payment or modification of amortization of the sums secured by this illortgage granted by bender to any successor in interest of Borrower shall not operaie to release, in any manner, the liability of tl,e anginal Borrower and Borrower'; successors in interest. Lender shall not be required to eammence proceedings against such successor or refuse Lo extend time for payment or otherwise modify amortization of the sums secured by this Mortgage by reason of an}- demand made by the original Borrower and Borrower's successors in interest. , II. Forbearance by Lender Not a Waiver. Aay forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver 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. to accelerate the maturity of the indebtedness secured by this Mortgage. ~ Ig. Remedies Cumulative. All remed;~s provided in this \lortgage are distinct and cumulative to any other ~ -right ar remedy under this \lortgage or afforded by ]ate or equity. and may he exercised concurrently, independ- ently or sueeessirely. 13. Successors and Assigns Bound; Joist and Several Liahilitya Captions. The covenants and agreements ~ herein contained shall bind; and the rights hereunder shall inure to, the respective successors and assigns of Lender t\ and Borrower, subject to the provisions of paragraph 17 hereof. All covenants and agreements of Borrower shalt be joint and several. The captions and headings of the paragraphs of this Mortgage are for convenience only and are not to be used to interpret or define the provisions hereof. 14. Notice. -Any notice to Borrower provided for in this ~Iortgagc shall be given b}• mailing such notice by certified mail addressed to Borrower at the Property Address stated below, except for any notice required under paragraph IS hereof to be given fa Borrower ir. the manner. prescribed be applicable laa~. Any notice provided for in this _lfortgage shall he deemed to have been gic•en to Borrower when given in the manner designated herein. 25. Urufonn Mortgage; Governing Law; Severability. This form of mortgage combines uniform covenants for national use and non-uniform covenA^*s with limned yaristions by jurisdiction to eonstttute a uniform secu- rity instrument covering real property. This Mortgage shall be governed by the late of the jurisdiction in which the Property is located. In the event That any provision or clause of ibis Mortgage or the Mote conflicts with ,lartgag~ o° the No,w ,~.h;eh ..o., >~ ' applicable law, such convict shall not sneer other Prot°isions of t.t,s _. _ .. ~~~= gt'-'°-^• effect without. the confiicting provision, and to this end the provisions of the Jlortgage and the Vote are declared to be severable. 1& Borrower's Copy. Borrower shaIl be furnished a conformed copy of this \lortgage at the time of execu- tion or after recordation hereof. 17. Tros~er of the Property; Assumption. if all or anc part of the Property or an interest therein is sold or transferred by Borro~•er without Lender's prior written consent, excluding {s i the creation of s lien or encum- brance subordinate to this \lortgage, tb} GSe creation of a purchase money security intet~t for household appli- ances, (c) a transfer by devise, descent or by operation of late upon the death of a joint tenant or {d) the grant of any leasehold interest of three years or Iess not containing sn option to purchase. Lender may. at, Lender's option, declare all the stmas secured 6y this itilorigage to be immediately due end payable. Lender shall have waived such optatn to accelerate if, prior to the sale or transfer, Lender and the person to whom the Property is to be sold or transferred reach agreement in tirriiing that the credit of soil, per-or, is satisfactorc to Lender and that the interest. payable ort the sums secured by this Mortgage shall 6c at such rite as Lender shall request. It' Lender has waived the option to accelerate provided in this paragraph 1. end it Borrower: successor in interest has executed a writ- ten assttmpiion agreement accepted in writing by 1~nder. Linder shall releavce Borrower from all obligations under this Merrtigage and tIre Note. ?1 Lender exercises such option to accelerate, Lender shall snail Borrower notice of acceleration in accordance with paragraph l4 hereoi_ Such notice shall provide a period of not less than ~ days from the date the notice is mailed within which Borrower mac pay the aunts declared duc•. If Borma'er Ssi}s to pay such sums prior to the expiration of such period, Lender rose, n-ithaut fvnlter notice or <iemanil on Borrower, invoke any remedies per- mitted by paragraph 18 hereof. lore-I'.sitrottx Covsxes•rs. Borrower and Lender further covenant and agree a, foltoti, ;$. a~eralioa; Remedies Except a.; 1',rayi,kvi in psragral,l, 17 hercot, ulwn Borrower`s brnseh of any coveasnt or agreement of Borrower in this ~Iartgagr, including the covenants to pay when due any sums secuteti by this ?lortgage, Lender prior to screlerstion shall mail nOUtt to Borrower as I~*ao'ideci in paragraph 14 hereof specifying: I,1"1 fire breach: t2t the action requiredi to cum such 1:reach: +31 a date, not Iess than thirty days irom the dale the nonce. L mailed to Borraa'er. 1,y nltic'h st,rl, bmaclt ,oust be ru:'cd: Anil +;+ that failure to cure such breach on or befom tLe date specified in the notice ntac result in acceleration of the souls secured by this Zlctrtgage and saw of the Property. If the breach ys not cured on or before the daze specified in the notice, Lender at Lender's option mac declare all of ti3e runts secured b}• tlsis ~lortgagc to Iu inunediateiy due and payable t,:'rtlztritx iutther•demancl an:3 :nay forerltsse ih 3longage b}• judicial proceeding. Lender shall €te entitled to collect in such proceeding all ex}.•enses of foreclosure, inclu,ing, but naf Limited to, costs of docuuientan• evidence, abstsac#s sad title reports. I9. 16oaaowrrr=s flight to ire. \otx•itiutanding Lenders acceleration of thr gums secured by this Jitortsge, Bcarawer shall have the right to have any proceeding: begun by bender to enforce this \lortgage dis- ett~iaued st any tis~ pri6r to entry of s judgment enforcing this ]lortgage if: iai Borrower pays IRnder all aims wit world be td~a doss under this Mortgage. ilte Fate and notes securing Future Advaner_~, if any, had no otxitrned; b9 Borrower cute-s all broaches of any other eoycnants ar agrmmenis of Borrower con- taisdsd in this >fdertgage; {c) Borrower pays all reasonable exltense~ ineurn•tf by Lender in enforcing the covenants arrtl e# Botzearter eortta'srted in this Aortgage and iu eniorcing Lender 5 remedies as provided in para- >~ 1$ hereof, irulirding, brit not limited to, reasonable attomoy's fee=: and +d t Borrower takes such action as i,easiar rosy ressoatabiy regttire to assure that the lien of this \lortgage. Lender's interest in the Property and ~a ~ to pap ibe sums see-cared by this Mortgage ;hail continue unimpaired. L'lwn such payment end by $mq~arer, t3a~ Ji:itnt~e aAd ~ obligatit~ Feeured hemb}' =hall remait: in full force and effect as if ear a had occurred. ~ ,~- ~pqt od ~~; ~ pbs,:e~on. As additional security here- ,~ua+owes`y s to ~ei• the rants of fhe Property. prof ided that Borrower shall, prior to acceler- • ,wtiss~-ice psi lgl~of-or aitamdnnn>ettt of the Properly, Itave the right to collect and retain such rents as §ads~ue dae and psysb~. UpaR:~ render' patagxapb 1$ hereof or abandonment of the Property. Lender. in l,ersan, by agent ~ bg_' ilv_ smte_ _d- receiver_1 he e~itied to enter upon, take possession of and manage rho Property and tai celled the rents of the Property, inehtdir~ those past due.-All rents collected by Ixnder or the nsceiver eball be applied $rat to payment of the t'txF~ of maaagement of the Property and collection of rents, including, but vat lipsitetl to, river's fps, lx~rniums on rtxeiver's bond= and reasonable attorney's fees. and then to the sums eeettrwd by this Mott age. Lender and the receiver shall be liable to amount only for those rents sctunll}• reccivr,I.