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<br />~ not extend or postpone the due date of the monthl}- installments referred to in paragraphs 1 and 2 hereof or
<br />j+. change the amount of such instsllments.
<br />~ 10. Borrower Not Released. Extensimt of the time for payment or modi&cation of amortization of the sums
<br />,~ secured by this l9ortgage grantzd by Lender to any successor in interest of Borrower shall not operate to release,
<br />;~ in any manner, trite liability of the original Borrower and Borrower's successors in interest. Lender shall rot be
<br />'~ requited W commence proceedings against such successor or refuse to extend time for payment or otherwise modi#y
<br />~ amortisation of the sums secured by this Mortgage by reason of any demand trade by the original Borrower and
<br />~ Borrower's successors in interest.
<br />11. Forbearance by a.ender Not a Waiver. Any forbearance by Lender in exercising any right or remedy
<br />hereunder, or otherwise afforded by applicable law, shah not be 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 tx a waiter of Lenders right to accelerate the maturity of the indebtedness secured by this Mortgage.
<br />12. Resaedies Cumulative. III remedies provided in this Zortgage ere distinct and cumulative to any other
<br />right or remedy under this ~lorigage or afforded by laa• or equity. and roue be exercised concurrently, independ-
<br />ently or successively.
<br />13. Successors and Assigtw Bound: Iaiat cad Several Liabi&ty; Captions. The covenants and agreements
<br />herein contained shall bled, and the rights hereunder shall inure to, the respective successors and assigns of Lender
<br />and Borrower, subject io the provisions of paragraph 1 i hereof. ail covenants and agreements of Borrower shall
<br />be ioint and sereral. The csptions end headings of the paragraphs of this \fortgagc are for convenience only and
<br />are not to be used to interpret or define the nrovisions hereof.
<br />14. Notice. Any notice to Borrower provided for in this ~longagr shall be given by mailing such notice by
<br />certified trail addressed to Borrower at the Property .address slated bcloo-, except for env notice required under
<br />paragraph 113 hereof to he given to Borroter in the manner }>rescriberl ?n• applicable late. any notice provided
<br />Perin this Mortgage ,hall he deemed to have Bern given to Borrower when given in the manner desigttsted herein.
<br />15. IIaiform Mortgage; Govemiag I,aw; Severability. This form of mortgage :ombi~es uniform covenants
<br />for nstaonal use and non-uniform covenants with limited variations be jurisdiction to constitute a uniform secu-
<br />rity im~ttttment covering real property. This \fortgagc shell be governed by the ian• of the jurisdiction in which
<br />the Property is located. In the event Thai any provision or clause ai ibis \iorcgage or the Note conflicts with
<br />appl'leable law, such convict shall trot sneer other previsions of This Mortgage or the mote which can be gi5-en`
<br />effect without the conflicting provision, end to this end the provisions of the \fortgagc and the ?gate are declared
<br />t0 be seversbie.
<br />1{-. Ba><rowaz's Copy. $ortan•er shall be furnished a conformed rope of This \iorigage at the time of execu-
<br />tion ~ after retwtdstion hereof.
<br />19. Tcam~er of the Property; Asstsmptioa. Ii all or any part of the Property or sn interest therein is sold
<br />or transferred by Borrower without Lender's prior written consent, excluding 1s) the creation of a lien or encttm-
<br />Irraace subordinate to this lfor•igage, t_b) the creation of a purchase money security intermit for household sppli-
<br />artr,~, ic) a transfer by dec•ise, descent or by operation of laty upon the death of a joint tenant or fd) the grant of
<br />env leasehold interest of titres years or l~cs not containing sn option to purchase, Lender mac. at Lender's option,
<br />declare all the sutras secured by this '_tiiartgage to he iutmedistelc due and payable, Lender shall have waived such
<br />option to accelerate ii, prior to the sale or transfer, Lender and the l,erson to whom the Property is to be sold or
<br />txaarsfex~ mach agreenrsnt in writing Uiat the crc-tilt of sucls ltenon is ;$tisfseton- to Lender and that the interest
<br />payable ore tbe sums serw~ed by this :llongage shall lee at such rate as Lender shall request. Ii Lender has waived
<br />the optiam to accelerate provided in this psrsgraplt 1 i and ii Boroter ~ successor in interest has executed swrit-
<br />ten affitrtaptdon agreement arcepied in writing ity larder. Lender shall relea~ Borrower frorn alt obligations under
<br />tl»s Mortgage and fire Nate.
<br />If header ezercises such option to accelerate. Lender shal3 mail Borrower notice of acceleration in aceotdsnee
<br />milt paragraph 14 hereof. >ueh notice shall itravide s period of not lei than 30 days iram the date the native is
<br />mailed witlrirr wlrieh Borrower rosy pay the arenas declared due. ti Borrower lulls to pay such sums prior to the
<br />ezpiratiaar of such period, Lender Wray. nit?ton: further notice or demand on Bortvr.•er. invoke any remedies per-
<br />mitaed by pa~grsgh IS hereof.
<br />\o~-I"srt~rtx t~v€>tisi~r-. I3orrttver and fen:ler further rorenant a trtl agree as follow,
<br />lei. Aoosiseatiatot: Fame, Excelst a;, ptroride.l in l,ara,~*,rsl,l: l- hereof. upon Borrower', breach of any
<br />r~eetranx or agreeruent of Bat7xtnrr in flu= \lnrtta~,r. including tier rovrnsnts to pay when due am sum: secured
<br />by this lbortgsge, Lender prior to arrelerttion .lsail ta:xii n:,?•ir.° zc, Bartr,ur•r as g,rartds~{ in paragraph 1.1 hereof
<br />?pecifying: ell the breach: +2) the action n~rtuittsvi to cure -urh iire~rh: 13 ~ date. not less titan thirty days
<br />frcaa the dame the noxicr is mailed to Borrower. 1>y trhirit surlt hrrttrh turner tK eurtvi; and t}! that failure to rum
<br />atrrh breach as or before t?tr date sprri:3ed in tl<e notice ruse trsutt'ir, areeleretion of rite +umr secured Ly this
<br />_`sfortgage aril sale of the Property. if rite ;tresrl: is not cumi an or i>rfom the date specified in the aotire, Lender
<br />st I~td3A*'a +~tism tsaar ~leclam all 0? the sum ~rutcd br t4tss l~fortv~v`• xa be itn:nadiately due and payable
<br />,tritdxnrt further derrrand anti easy far~erltsx title iiargage by tudicia3 praeeding. Lender shall he entitled to rolled
<br />ise such pr+ocetding all e-cpanses ai ioreriosure•. :ttclaslitrg. ?tut trot iiu;ited ta, rtrt: of docuntentan' evidence,
<br />nbstaae2s and title n"Aart-`
<br />1S Dmowsr'a Sight m Feist. >ataith>tnnding Lender: arreleratiott of the suttts secured by this
<br />~. Bmrsr+t~a shell have the right to bare say praeerding- begun by Lender to enform this \fortgagc dis-
<br />eeed at say time prier to entry of a trdgntent etr9oaring tlti: \lortgage if: tat Borrower pays Lender all
<br />stems v~ would be throe flue under tlr~ Mortgage, the tote ani note, seeuritµt Future ?xdvaares, it any, had tto
<br />aeedera%ien oaaur+ed; ib) Barrrtwer curets a13 breur?se:. of env other covenant= or agtrenrents of Borrower con-
<br />t ~ >~- (ri 1}orms~r ~~z all rra~~+abte exl,en_.rs inrurtt+i l;v Lender in enforcing the rovenante
<br />aged +d Raertrwer eoartaiued in ihi: Mortgage anti ttt enforeink I.t•rxier r n=medie~ as providtxi in para-
<br />Je t$ heseci, i~ludiag, but ~ lss-ited xo, rrstauable attorney'- fps: and iris Borrower tai: such action as
<br />I,atd~ rm4p rmso~Wg m,ltpri to assum that the i"rev of tllie 1lortgage. larnder's ittternst in the Property and
<br />Besl+tMtsetr°s o't to p~ flee ~tms aererrse4i !sy this ~iosvgage :hall continue anitupaired. glum attch l:aytnrot
<br />a~ ear ~ ~-, ~ Hard tbe obligations i,ecared lterehy shall retttaiu ire lull force and effect as if
<br />tt4. l~ o-
<br />]~;, ~ q1 Biisto~s ai Fs~+ter; Ltasr~r in Foasoarian. i~ addixir•-tai security here-
<br />t~tttee', $orauvet<^ S to tearder the rents of the Pioireriy. lrrovidcti that Borran-er shall, prior to aeceier-
<br />r taseE~ t$ b m• abaxrdanatrent of fire Property, bare the riglN to collect and retain such rents
<br />as tlttdt bename five sad gayable.
<br />tlpeels sped~atiam ttmda #tstsgyap~h l8 hereof. or abatrdortrnent of xhe Property. Lender, in }teraon, by agent
<br />~ by Ify appsimted seaesrrz slmll be entitled to eater upon. take iwssessian of and manage the Property
<br />earl ttt ttpL;~t tbg rya of tie Psnpdiv, ineltufin~. i past due. all rents cnil+rn•terl by Lender or the rreeiver
<br />shallbe.sppliad to ~t ref the firsts of ananagetnent tsf the Property and calli•ctian of rent>, including, taut
<br />trot limited W, r+eeeivet•'s fees, premiums on reeeiver'x borul, ani masonable attorney's ire:;. and then to tree aunts
<br />toesaared by thri 371artgsgr. Leader said the rerxiver shall tx liable to account only for those' rents actually arrived.
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