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not extend or postpone the due date of the montlily installments referred k,o in paragraphs 1 and 2 hereof or
<br />change the amount of such instatiments.
<br />e~ 10. Borrower Not 11eleased. Extension of the time for payment or modification of amortization of the sums
<br />~ secured Uy this Mortgage granted by Lender to anc successor iu interest of Bormtver shall not operate to release,
<br />£~- in any manner, the IiaUility of the original Borrower and Borrower's successors in interest. Lender shall not be
<br />r+l required to commence Izroceedings against such successor or refuse to extend time for payment or otherwise modify
<br />amortization of the sums secured Uy this Mortgage I,y rcasat of anc demand wade Uc the original Borrower and
<br />~ Borrower's successors in interest.
<br />11. Forbearance by Leader Nat a Waiver. Any forbearance by bender in exercising any right or remedy
<br />~ hereunder, or otherwise afforded Uy applicaUle law, shall not be a waiver of or• preclude the exercise of any right
<br />~ or remedy hereunder. The procurement. of insurance or tite payment of taxes or other liens or charges by Lender
<br />shall not Ue a waiver of Lenders right to accelerate the maturity of the indebtedness secured by this Mortgage.
<br />12. Remedies Cumulative. All remedies orocided in this \iortgsge are distinct. and cumulative to any other
<br />right or remedy under this Mortgage or afforded it}• law or equity. and may be exercised concurrentl_r•, independ-
<br />entty or successively.
<br />13. Successors sad llssigas Botmd: Ioint ano Several Liability; Captions. The covenants and agreements
<br />herein contained shall Uind, and the rights hereunder s1+si1 inure to, the respective successors sad assigns o2 T,ender
<br />and Borrower, sub}ert to the provisions of paragraph l: hereof. all covenants snd agreements of Borrower shall
<br />be joint and several. The captions snd headings of the paragraphs of this Mortgage are for convenience only and
<br />, are not to be used to interpret or define the provision. hereci.
<br />1{. Notice. any notice to Borrower procideti for in this \lortgage :hall br ai:-en bc• mailing such notice by
<br />certified mail addressed to Borrnwer at the Propertc Address stated brio:v, except for any notice required under
<br />paragraph 18 hereof to be given to Borrower iu the manner lm•eseribed Uc spplicable Istc. Any notice provided
<br />far in this 3ortgage shall be deemed to have been grvrn to Borrower when git•eu in the mattncr designated herein.
<br />15, IInifocxn Mortgage: Goveraiag Law: Severability. 'Chic torn? of mortgage combines uniform covenants
<br />for national use snd non-uni#orm covenants :with limited variations h}• iurisdieiior. to const<tute a uniform secu-
<br />rity instrument covering real propert}~. This \fertgage shall be governed he the law of the jurisdiction in which
<br />the Property is located- In the event that any procisios? or clause of this \iortgsge or the dote conflicts with
<br />spplicable law, such conflict shall not affect other prorisions of this --Mortgage nr the \ote which can Ue given
<br />effect without the conflicting provision, a:?d to this end the pracisiors of the ~fortgsge and the Note are declared
<br />to be severable.
<br />16. Boaramer"s Copy. Borrower shall be furnished a conforn?rd ropy of this \Iortgsge at the time of execu-
<br />taon or after recordation hereo#.
<br />17. 2~er of the Property; Asstrmptioa. Ii sit or an}- part. of the Property or an interest therein is sold
<br />or transferred by Borrower tsithout Lender ~ prior written consent, excluding tai the creation of a lien or encttm-
<br />brance subordinate to thi Mortgage, r.U) the creation of a I>'archa.=e money security interest for hatrsehold appli-
<br />ances, (ci a transfer by dec-ise, descent. or by operation of lsty ulwn the death of s joint tenant or fdi the grant of
<br />any leasehold interest of three cent: a less not contsining an option to purchase. Lender may, at Lender's option,
<br />declare all the sums secured by this \iortgsge to im imutc?tiiateh- due snd l?ayaUle . Lender shall have waived such
<br />opteou to accelerate if, prior to the .sale ar transfer, Linder and the Iter-on to whom the Property is fa be sold or
<br />transferred reach agtretnent in writing that rite credit of such person is satisfacton- to Lender and that the interest
<br />payable ou the cams securni by this \iortgtge shall Ue st such rate ss Lender shall request. Ii Lender has waived
<br />the optima to accelerate provided in th paragraph ] ~ snd if Borrower's surrrssor in interest 1?as executed a writ-
<br />ten assumption agreement accepted in writing Uy Lender, Lender sha#1 release Borrower from all obligations under
<br />this Maatgage and the ?vote.
<br />If l.~der ezereises &nrh option to accelerate. Lender shall ?nail Borrower notice of aeceleraiion in accordance
<br />with paragraph 1~ hereof- ~urh notice .hail provide a period ui not Ie~ than :3tt ds~-s from the date the notice is
<br />mailed sr•itltin which Borroxer rosy ltsc the. ;mu-: declared due. li Borrower fails to pac such runts prior to the
<br />rspiration of such period, Leader utsy. n-ithout furher notice or +ier:txnd ort Borrower. invoke any remedies per-
<br />oait~d by Paragraph 18 hereof.
<br />`:~,t`-['.irca~t C'zvt;sav,s. $arrawi<r ,red Iettdet• furtltc•r eCVi-nnttt snd a~r~~ a iollcs
<br />!9. Atatiam: ExcFlzt a_ ;+n+-i+=e,i in i,arr~;rti,i: 1: l::•r~i. uizon I3orroa-er': breach of anv
<br />caveasnt or agreement of Bortowrr its ti;i- \Ictrigagr. inrlu+iing ti,c covenants to ins}• when dui• anc sums securt~i
<br />by this ~#ortgage, Lender i+rior to arreiersttan :.".tsl::tsaii notrcc to Borratwcr a~ pmvidivt in paragraph it hereof
<br />sptci#ling: ill the breach; a'2+ the actton M•yutrtvi to cute >urlt 1+rearit; tat a date. uoi Tees than zhirty craps
<br />frFnn the data the nmiet° is attailet9 za I3~,rr€3v er. i is :eiu:•ir >t:ri+ i+rrcnrli rt]tt5t iK• rum# ; snd , ~ i i hat failure to rum
<br />sut#a brearlt on or Uefore tits date s;3rri5a# in tltr notirt• ,a~•+~- re=alt in arec3eraiion of tiir auras secureu he this
<br />!~lottgage and sale of the Property- if the Urnsrir is net euti~i .,t: or i>eiarr• tltc' dst:• afxri;tt'rl ut the notice, Lender
<br />~ fender`s option tnay declr-m all of zhe s~uh r-rrurni i.,- the- ~longage to Ire= immtklisrrly dur and payable
<br />sit#~t f-urtirerdeu,and and ntay forrrlct.e tbt~. >Ioi4f-ag<' by,+uttiriai;,ro{-eedsnl;. Ixnt.rr siraii iK• rnittittil to rolirrt
<br />in +urh praccedittg Yll ezprnses of 3o3t~ri~ure. tnriu,ling. Taut not Gu,ittri tv, r,kt. of =lormnentsrc evidence,
<br />nlnt~raeta and title repons.
<br />i!. Daerawar"s Hilt to 8a~te. lotnixa~.tanding I_rader'- :;creirratior. of =.hr .,unr- seetered Uy thiz;
<br />~mlt~tgte, Borraver sisal! bare the right to have anv ptxrereelingr begun br i,endrr to enfctm• this Mortgage dis-
<br />say tisrre prior to entry of s jttdgmrnt eniorring this 3lorgagr ri: tat Borrower pars lxnder ail
<br />~s tr; iroeld he t}tea doe under tlrii. Mortgage. rite \ote snit notF soaring ti uture Advanrc~ i# aar, had no
<br />xsa~=r+eei; ibl Bormser curry all hmaci,i:. of ara- outer rovensnt> or agra•t•snent of Borrower con-
<br />tai0ad IDthis !t4trrtgage; tej $ortvrer payi all r+esaunshlr rxiu•nxs inrurmi b}• Ixndrr in vrsfarring the revenants
<br />arad agta of ~r c~staiaed irs this ;~lortgsge sad in enirrring I_rndcr'< remedies as provided in para-
<br />papls i$ betso#, iaeludisag, but rxat limited to. neasonabir snoraey - ic~<; anal td i Borrowtr takcz such action as
<br />Leesiar may reas~bly tvquitr to a~esr+e that the lien of this llurtgage, Lender's ir-tcrtsc ttt the Prolmrty and
<br />$saer,eaeia to pap rile .sums s~rutxv# Up thii; \longat.- -hail tontinue unimpairec#. Upon such payment
<br />assn t~rc tt8 Hairawss, the Jlgott.ga$e sad the abligatiatsa neeure+# lrereU}- sitaii mttsain in ftt13 force and cf#ert an if
<br />ssa ~ #ssd o~ueed.
<br />~, IS4~ ai 1fii~sMat lfpp~seat ai $weaivnr; LmxLr iu Posisemaion As additional security here-
<br />ta-~es, 8es3u+tres• aka ttr S:~-drr the tints of #Ite Pr+trpetx}•. IxnrK#eeI t Itst Barrawer riusll, prior to aec2ler-
<br />atipa tasder garages 1$ hey!eof ass ~t of the Prc-pertc, havr the right to collect and retain such rents
<br />~ t13~ 6eaa®e doe aed ~.
<br />[Tpasi ~ tmdex paraBrar¢alt 18 hereof ar alrandontnent of the Yroirerty, Lender. in irerson, by agent
<br />os• f+Y jvr~aallp mted reoerver absli be entitled to eater upon. take lwav::.iou of and mansgr the Property
<br />sad to Ct the testa of #~e ~ra~rty, iarhtding th~r past due. Afl rknts ecllreteti he I,end>•r or the receiver
<br />shall_besawl`udf~,fvpa,,crff3aeusal~otutesement of t13e Prunerty and colirt•tien of rc•nt,• inriudin¢, bus
<br />imt litrtit€al to, t•aeeiver's laps, pt+r~itatxa rttt receiver'€ irotyd= and reasunahle attorney's fees. Ynd then to the soma
<br />setatTedbyflsit'SSeat~ge.I~traRdthereeeivershal1 ix liaUle to amount only far tho~~ rrnle Hrtunllr received.
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