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~' not extend or lrostpone the due date of the monthly instalhnents referred to in paragraphs I and 2 hereof or <br />~ change the atnount of such installments. <br />10. Borrower Not Released. Extension of the time for payment or modification of amortization of the sums <br />~ secured by thfs AZcrtgage granted by Lender to any successor in interest of Borroser shall net operate to release, <br />~ in any manner, the liability of the original Borrower and Borresrer's successors in interest. bender shall not be <br />required to commence proceedings against such successor or refuse to extend time for payment or otherwise modify <br />i amortization of the sums secured by this _~Iortgage by reason of nay demand made by the original Borrower and <br />~ Borrower's successors in interest. <br />(~ ii. Forbearance by Lender Not a Waiver. :1ny forbearance by Lender in exercising any right or remedy <br />hereunder, or otherwise afforded by applicable law, shall not: 11e a waiver of or preclude the exercise of any right <br />or remedy hereunder. The procurement of insurance or the payment of taxes or other liens or charges by Lender <br />shall not be a waiver of Lenders right to accelerate the maturity of the indebtedness secured by this ibiortgage. <br />12. Remedies Cumulative. :III remedies provided in this \iartgage are distinct and cumulative to env ether <br />right or retnedy under this Mortgage or afforded ln• lets- or equity ,and may be exercised concurrently, independ- <br />ently or succe~ively. <br />19. Successors sad Assigns Bound: Toint and Several Liability: Captions. The covenants and agreements <br />herein contained shall bind, and the rights hereunder shalt inure to. the respective successors and assigns of Lender <br />sad Borrower, sttbjert to the provisions of paragraph 1: hereof..a{I covenants and agreements o1 Borrower shall <br />_ be joint and several. The capiions neat headings of the paragraphs of this Mortgage are for cotn•enience only and <br />are not to be ttt~d to interpret or define the provisions hereot""- <br />1!, Notice, any natiec to Berrosrer providt~zl for in this Mortgage shall he given b}• waiting such notice by <br />rettified wail addr~=ed ro Harrower at the Yrolscr2}- _~ddre,s statc~l hclon, c~cept tar any notice required under <br />paragraph 1S hereof to ?..e given to Borrower ist the manner prescribed by ;tplklicahle taw. env notice provided <br />far in this ~Iarigage sh311 l,c deeweri to ltacc beta given to Herron ez• sshen gis en ht the manner designated herein. <br />25. QaSit:rm Mortgage; Governntg Lave: Severabifity. This ions of mortgsge combines uniform covenants <br />for national use and non-uniform covenants with limitr`-i variations by jurisdiction to constitute a unifornt secu- <br />rity instsunrent covering real properri•. This Mortgage shall he governed br the law of the jurisdiction in which <br />the Property is located. in the Brent that :tm• provisian or clause of ibis \fortgatPe or the vote conflicts with <br />^*.tias.6ln raa* >rh nm.t3i~,i. chsil not sfl'nrt ,u.l;nr l~rnE-icinn: ni chi. 1l nrig~n nr tha Nntn n-hich can hg n ver <br />efieet without the conflicting pmrision• sad to this end the prcn•isions of the \iortgage and the Note are declared <br />to be ~vEtaltle. <br />16. Barrower's Copy. Borrower shall 1>e furnished a ronionned rapt' of this Mortgage at the time of execu- <br />tion at 9fter r•e<ordation hereof. <br />i7. Traaaitr of the Property: ,Ast;umptiam. Ii all or an}° part of the Property or an interest therein is sold <br />ou• transferred br Borrower without Lenders prior written consent. excluding !al the creation et a Iien or encum- <br />Itrgtrce sahnrdin~.P to this \iortgage. i bi the creatian of a purchase money security inter'e~~t for hatrsehoid appli- <br />ances, (c) s transfer by derice, de~rent or by ot?erstion of lsn ulwn ttze death of a joint tenant or tdl the grant of <br />any leasehold int:et~t of three years or less not containing ar, option to pnmhase, Lender way. at Lender's o, flea, <br />der3are aIi the soars secured by this \Sottgsge to be inuuetliately due unrl payable. Lender shall has•e waived such <br />to actelerate ii, prior to the sale or transfer. Lender and the lserson to whom the Property to be sohl or <br />transferred reach agreement in writing that the credit of .urlY person is satisiartan to Lender and that the interest <br />payable ern [he gums ~rurYd by tlris. _liortgsge =hall See at suci, raze a; Ixnder shall request. Ii I_e:tder has waived <br />the e~stimn to accelerate provided in this paragraph 1 i and if Borrvss-er's successor in interest 3tas executed awrit- <br />ten $sst~ptiott agreement accepted it writing by I..ender, Lender shall release Borrower fro:=z 311 abiigatio[ts under <br />this Murt~age and the ?Vote. <br />If itader exearises welt option to accelerate, Lender shs1l mail Barmsc•er natim of atcelerstion in aeex[rdtmee <br />vrith par~rapla 1# itereo'. curb natitc shah providt' a ;reeled of not ia•:< th3r. 3t~ ;lays from the Mate the notice is <br />rarsiled witlrin trhieh Bormsser rant' nay tle suulr ttcrlan•d due. Ii Borr~wc•r fati> at, lz:tr surlt suttts prior xo the <br />tagirstioa of ;suit period. LendeFr ma}•. n-izilaut funlter notice ar ,lrutan,l «u Barrou'er. tnsctl;c snv remedies per- <br />mitted by paragraplr lE hen•eof. <br />[ts-1'srs^artzt[ l:cnt:rrtt~;~. 13ztrrouwr tentl lxndet- furihc•r t•;srtErlrrnt arsl akr,•.• a~ fctlloa- <br />1+4. Sian: Rasme~ias. Lxzxlkt a- t::°ast;9r;: ;. :;at:«gt.sS+. ?; '•+:rwc,i u;:, : 1?arri,wrr'- ?+rt'r?t of any <br />torment ar agrerenent of Borroper z=: t#zi- M.sr;~;~c;'.:*„'.~.;:.,_ '.;:, cos+=k.as,e, ,c, !•kti ~+f,;°rt .fur ear .utr:s src•urcYl <br />h} this ~lostga,Ke, ixndrr Ikrrrcor t;? ac-c~}entas~a! .I:ai' ;,:als nc,t.;~ t , ltt;t:,:n;•, Nn all=•:.;t~•, kI> y~xraF^alat. 13 larreof <br />fFmB: tH rise t1rkC3tl:. z2t d!r actis+:Y rtYZUtr+=.t t,A rtrrx >.rrsrit' t3I w'tlat.• tse~' 'e's~ ti~~ thirty days <br />the Sate tfx raxuc• ;~ tz!~'=.iti t.~ 13lirtrss,.~. is a ~ac~i_ vrh !~.;tr3t zrrtvr +'_~ ;-vy~;t, a•,<4 . g r3,.,t iYa;.,rr ;u <tznz <br />a-t~P,14 t!!i`lth ttHa fir hr-rare rile datz +1.3i^f'i`N iI7 t;zc- Iac+t3rr t13`3r tT=.+'1#3 In &4~F4-ix~?tt[tN*.? F•: t ~llrii~ 'tK'tirl^c;. l+l' 2hrs <br />ltorsgs,~r and rsalr ai the Pt[tprrty. if tl,e 1slt~rl, !> nut evr.•.i ~.,.. tT> "t~iiwt. t,,. ,ia:.' •;x-'at>E~i sn tl,c ntritre. L~•ndes <br />at i:F9aEl•S aptn~t tttYi: treciarr Etlf C,t tit' ~tYIiA~ >Y{'ttSYtt 1s4' t-. 5~;bt•tf3f:# :t Iq' :...;; :iY. ~tt':Y et LY' :arlcl par$r!!f' <br />s'iih[ata[ fsuttt~rr drsnarni z.nd rt~y iorcrlase fists iiurt.gngc- tw ;ir_irrtsi ;,ax.~,:cn~ l.taadrr ,feel: ?x• +,tatitleri to r-ttlleet <br />im suc•?z prodding all rs~ierii.F of iarxrlosuts. ::rr;u~itni: t,ur ::~,*, sl:;.tt<,I tx-, t-zr'- „i ;ior;;zllen*.ars• esidrnre. <br />atts+t~ anti tits s•rl~s<«. <br />13. lseesaaei ~ Hrtiaet~t• \cxwiti;.tarr:irrg I.~r,.z,rrr a~'e€'r~ttc:r: o; t#:~ -unr -,rcurr' 1,t' ttsia <br />'~ >3mr+~r~ ~.sii har+e the r~ttt to hart stty iSract~I+iir.e- $»egatt::>,A° lxneier to t-nfomc• ihrz, Mortgage dis- <br />t[t rtaT tie pr~r to en ~'~ of a ?udgatk°r:a rnic~r,ng tt::~ 1IG~rzgag~ ;, !x+ $arrowxr l~at* Ixnaier all <br />t~aisd lee them dtae under ttti< Mortgxee. tht• \o[r era} r,cne, k-curing F'utun~ .~rivyztcc~., if nay. bbd no <br />t5aen oatauxx+d; list Bttrro>9er cures sII breae•nr c,f am -.t'xtr r-as~rn-.ants or sgn~~mGnt~s of Boaower ton- <br />in tit ~d; {ct $arreserer pars all rt=sYt+nxzbl<~ <•r;z~°nss- u,rurn~rl ray I xndcr m =-nforring the rovenanta <br />rtad ttt I~ +eaiued in tl:t~ lltsrtgagY ;;rci irs s-a.ic,I~°ang 1,;°n+.lrr'-. rrmtz~di~ ari lsravide~I iz! para- <br />t~ 1;g , ~, lurt not l~.e+d to, r~a.fKtt~alilr atturnrr'- ier., anal td i Borrower takes such action a <br />1~ ~~ r*tr~ettasabiy rertititrc W s:~[re that the ?lea ad tl,ia alartgage, Lender•+ in_terr=t in the Properly and <br />80er~airti +~EplCion to [rte equru seectrrtd #n- title ~Iwtgagc ;;Ital3 rantinue unrutpair+txl. i'Iwn auch payment <br />~ tom', >r~ the t~Iigat ~rttretl l~•.elay -1!$11 rem$itr in fulY ford and meet as if <br />[+n •oe~aaa #atd eroetsnr!e~d. <br />m. ~R eti ~~Itt: llwppaittttteeept e>t $eaauvear; L+tader in Petr.rerwaoea. .3r additierrtal security hem- <br />+9 awuBns ttt Lssider rile rt~rtta ~ the Pmpen y, pmrMted chat $ormwer shall. prior to acteler- <br />t-ti4- atoeies IS ~ [-r ~[ of the P't~ert}, hxce rile riglst to collcet and r[~ain stteh mats <br />err t~eg heeatape Aus aid pmiisbde- <br />~ ~ pwrspi[ 18 iserest ex• ahandemtnent of ttte Yrol>Frty, Lenetcr, in lueraan, by agent <br />err brv jae nod t~etei~r he t~tifled to rt[t~r uitan, tska~ fw~~sion of and manage the l't•operty <br />a~ 4,Et t~ TeltLp sf #~G ~'t5• ipeJt~irtg thus I+sat duz_ dIl rents collec•tcv9 by Lander ar =. ha rc-ctis°er <br />he ttp~plied to payttn~. t-f the ccaia of tttanagemc•rtt of the Protxrtr and collect fun of rrnL ,including, l,ut <br />nett limitmd to, receiver's fete, pryer}ums on mceiveis Iwtt,I:; attd tr''ason>ihli• at±on',rv'- ie~~. an,1 then to t1,e ,utn~ <br />searrerl ~ fdtrs ~. Ix>xde~r and the meeiver shall tke liable to account only fur thc>!c rent ~ acntallr rcreived- <br />