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~~~ <br />~* not extend or postpone the due date of the montlily- installments referred to in paragraphs 1 and 2 hereof or <br />~ change the amount of such installments. <br />~., 10. Boaower Not Released. Extensior. of the time for payment or modification of amortization of the sums <br />~-{ secured by this Mortgage granted by Lender to anv successor in interest of Borron•er shall not operate to release, <br />ir. any manner, the liability of the original Borron•er and Bor•oteer's successors m interest. Lender shall not be <br />required to commence proceedings against such successor or refuse to extend time for payment or otherwise modify <br />! amortization of ±he sums secured by this Mortgage be reason of any demand made by the original Borrower and <br />~! Borrower's successors in interest. <br />~ 11. Forbeoztmee by Lender Not a Waiver. slop forbearance by Lender in exercising any right or remedy <br />hereunder, or othernise afforded by applicable iaty, shall not be a waiver of or preclude the exercise of any right <br />or remedy hereunder. The procurement of insurance or the parnnent of taxes ar other liens ar charges by Lender <br />steal} not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured 6y this Mortgage. <br />i2. Remedies Cumulative. all remedies provided in this \Iortgsge are distinct: snd cumulative to any other <br />right or remedy under this Mortgage or aftbnle,i by law or equity, and nta}• be exercised concurrently, independ- <br />ently or suct~ssiveh•. <br />13. Suetessora and Assiga4 Botmd; Ioiat and Several LiabiLty; Captions. The eoveuants and agreements <br />herein contained shall bind, and the rights hereunder shall inure to. the respectiac successors and assigns of Lender <br />snd Borrower, subject to the provisions of paragraph }; hereof. dlI t•ovensnts and agreements of Borrower shall <br />be joint and several. The captions sncf headings of the parsgrtiphs of this \lortgage arc for convenience only and <br />sre not to be u.~ed tq interpret or define the provisions hereof. <br />14. NoSce. 9tty notice to Borrower 1trovSdcd for in this \lortgage shall be given by mailing such notice by <br />certified eitail addressed to Borrower az the Yropeny addre~ Mated hcloty, except for am- notice required under <br />paragraph i8 hereof io be given to Borrower in tlce manner prescribed 6c applicable Illy. anv not.ica provided <br />for in this 3fottgage shall he deemed to have been giy'en to Burrower when given in the manner designated herein. <br />15. ]lnifarm Mortgage; Governing Law: Severability. 'T'his ianu of mortgage combines uniform covenants <br />fa: national use and non-uniform covenants r.•itit limited varia*.ions }~}• iurisdiction to constitute a uniform secu- <br />ritq instrument covering real proper[}-. This Mortgage shall i~c governed by the late of the jurisdiction in which <br />the-Property is located. In the event that any pravistott or rlsusc of tills Mortgage or the Vote conflicts with <br />applicable law, such conflict shsil not st7ect other provisions of this Mortgage ar the. Volt which cars be g':vim <br />effect without the conAiciing provision. and to this end the provisions of the Mortgage and the Vote are declared <br />to be severable. <br />16. Boerawer"s Cagy. Borrower shall be iurnisited a conformed ron}- of this Morigsge st the time of exeou- <br />taon or liter recordation hereof. <br />13. I`<msUer of the property: Assumption }i all or any psrt ai the Property or an interest therein is Gold <br />ar t~:ferred by Borrower without Lender's prior written consent. excluding a t the creation of a lien ar encum- <br />btartee subordinate to thin lIartgage, +bi the crestior of a lrurcitsse money security interest for }tottsehold appli- <br />ant~, icj a transfer by devise. descent or i,.• oi>erazian of Ian ul><~n zlte death of a joint Tenant or tdl khe grant of <br />any kasehoki interest of three sesn ar less not containing an option u, purt:ha_ce, Lender may. at Ixnder•s option. <br />declare all fire locos secttred by thin Mortgage to 6: itnmcdiateh• t{uc snd psyabie. Lender shall Itsve waked such <br />option fet accelerate if, prior to t}te sale or transfer. Lender :u:s3 file ltersan to whom the Propem is to be sold or <br />transferr+td r~eh agreement in u-citing that f ire credit of such ;term is satisfacton- to Lender snd that the interest <br />payab~ ~ t}:e sttmc secured by this 1lortgage sitali l:v at such rate as Lender Shall request. Li LL ttder has waived <br />the ogtaon to accelerate pravi led in this parsgralth i7 and ii Borroa~e{s successor in interest has exeeuteci a writ- <br />ten ass-umgtion agtt*ement acczpteti ii writing 6y Lender, Lender shall release Borrower from all obligations under <br />this 3lartgage and the ?dote. <br />i£ Lender exercises surit option to accelerate. Lender shall [nail Borrower nottce of acceleration in aerordance <br />a-itb uaragraph 14 hereof. ~ueh natirc• shall Isrni'idc• s Iseriad of rot lei thsn .i0 datis from the date the notice is <br />mailed witLin waic'tt Borrower loop psr the su*.tts dc~lsr~i due. Ii Barrowrr fails co lray such cunt; prior to the <br />expiration of such period, Lender etas, wit':aut further notice ar ~letnsnd on Born}wet. irvol:r sny rrntedia, per- <br />mitted by psragraph i8 hereof. <br />\os-L-~iPaa~t i'ctvs~w~•t~. $orroe'et• anti Leader iurtlx•r ravt•uant atttl agrx° as fctllaw.: <br />lg ~; g~~i~• £x,~•1,; n- ;inn:.i<,1 u: l~:+r~t;r;r}~h 1~ hsntrf, ujwn Barmwer'~ broach of sm- <br />oavenarst or agreement ai Borrower m tl;is filarrnpe. including thv r~ovenattts to l+ay when due any -ums secured <br />bf [hie Mortgage. Lrmia•r g>riear to at•rx'irntla~tt :isall st:al ttuutr to Bc+r-ax~,•r s+ i~ruratis~t ~n }sxt~grapl: 14 hereof <br />.peeafying_ tIt the breselt; t;''s tlse ctien n'+}>itn~l to eun• sttcl: i,xr_yrh: t3't a dat.•. not less tissn thtrty days <br />frYxm the date tlx~ nott^c i:> utailN{ to B<,rro,+t r- i.n •.. iucit =ucla hcY.srla suust lot rand.; sin'. ~# ~ that fatlurc• to rum <br />sttxlsh b:rstl5 an ar Sariarz the detc s;.~rt,~ed tt; tS:e ±_uticr tray result in acceleration ni the smug ~ecuttr1 he this <br />>ioitgage snd a-ale of Coe Ym}'+erts li ttse },reach i~ rat cuzetl far: ~,r i;eian• t l.e date aaeci5cv} in the notice, bender <br />at Lender"K antmn .nay dFrlatr a}I of th_ su:t< -~.;tri 1::' th;. Mortgage= t., ;,e inunt~iiateh• due and payable <br />~hoart iurtherdeatand sex! rtasr for~Icrr t9u> Martg:~r 1:}' 7v+-nit.l 1+r~•eedinK. Lt•nder shall 1>r rtuitled to caIlect <br />m wch proceetiu~ all e~nsr ai iamela`urti. tnrtt.lin~, lout trot limited to. cst-t= Ui dtxmnrrtar, tridt•rtre, <br />al~tratta and title m;wrt-. <br />19. ; 1 ~ g,~te. \atwm}tstandtnt= Ixntleis areeleratian of the suftts secured by L4ie <br />~#, l~nr~rer shall have the right txt bare arty I,rocecYlint~s 1,e,ttn br Lender to cnfartr this Mortgage dis- <br />at any tame pry to erttm fll a jtsdement rnicR•cittg t}sis Martg2ge ii: ! a a Sorrowc-r pays I..endet all <br />~ vrottld i,e t3xrt dsu trrx3er thin llartgrtgc. thr• Vote and note-s scouring Future advances, ii any, had no <br />saeel~at?mt occurred; ibf Borroaer cures a!1 hrrnrl<e lei any other rnrvnanta ar a}ireements of Borrower can- <br />tiiHel! an titai 3d tcl Borrower plats rill r~~t.:nsl,lc- rai:rttse> loco*^cd t_y Lender in vnfart•ine the covenants <br />and ud Banoeer rantameri in tlsis \Iortgsge and in eniarcing Ixndcr'. rrtntalie> an ltrorided in para- <br />graph 18 3, aorltrdiag, but not limited ta, rea:.onabli• attnrner'- fees: sncf td a Borrewvr takes such action ss <br />i,. t~ nx~emsbly tetltrire to ass~rre that the Iien of this \Iortgsge. Lender's interest ir. the Property and <br />~ ~itgatam to pay the sttrffis gerund by tills \tortgane =teal] continue unitttltaired- Cpon such payment <br />a~ ~ }~ ~, #,1~ ~ and the obligations ttertrserl hereby shall rc•trtain in lull farce and effect as ii <br />00 bnl occurred. <br />~ ~ at 3oaYm a~ rez- Loader in posse~n. :}s additional eecurity }:ere- <br />_ ; $mrp~verlietdry atettgtffi to I.®der #be rnnt4 of the Proper[}'. provided that Harrower shall. prior to aeceler- <br />t~ pater l$ ~ a3>aadonnaertt of the Property. ha~•c the right to collect anti mtain such mots <br />as ~' beeeetie due sad payable. <br />j;p®t aocelerati~ tinder paragraph. IS hereof ar alvusdwament of the Yroltertc, Lender, to person, by agent <br />or by Ity a~aiated raeiver shall be entitled to enter upon, fake lai..e:=ton ai and manage the Yropvrty <br />~tw+~lle~t~reoLa+s_f t~_Preaerty, irtc}trding 2hosr pa.t due. _aii rents collerteti by I,etnier or the receiver <br />sbs}ll~eapplitedfrr~to~gmento#ldter><#ttaaf rnatsagentent of the Properi~-:tnd rollc•Mion of rent, inciudtng~'r,ut <br />rttst laaited ta, r~ercivera fees, p-erniums an rrreiver'e iwn4is and rrasonatale nttomey'> fees, ~sn~l then to the sum:. <br />seetueal bey this 4iortgage- I,mder and the receiver altall he liable to account onl}° far those rent- at~tually received <br />