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,.~ <br />not extend or postpone the due date of the monthly iustalhnents referred to in paragraphs I and 2 hereof or <br />change the amount of such installments. <br />ttl. Borrower Not Released. Extension of the time for payment or modification of amortization of the sums <br />secured by this Mortgage granted by Lender to any successor in interest of Borrower shall not operate to release, <br />resin any manner, the liability of the original Borrower anu Borrower"s suecessore in interest. Lender shall not be <br />required to commence proceedings against suelt successor or refuse to extend time far payment or otherwise modify <br />t.,, amortization of the sums secured by this Mortgage )>y reason of any demand made by the original Borrower and <br />„Borrower's successors in interest. <br />--, il. Forbearance by Lender Not a Waiver. ?,ny forbearance by Lender in exercising any right or remedy <br />"' heretmder, or othertt•ise afforded hr applicable law, shall not be a s•si ~ er 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 Lender ~ right to accelerate the maturity of the indebtedness secured by this bforEgage. <br />~ 12. Remedies Cnmtrhrtive. 3Il remedies eras-ided in this \Lort.gage are distiret and cumulative to any other <br />r~ht or remedy under this Mortgage or afforded 1n- law or equity. and may be exercised concurrently, independ- <br />ently or suece~ivelp• <br />13. Streeesaora and Assigns Bound: Ioiat ®d $everal Liability: Captions. The covenants and agreements <br />herein contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender <br />and Borrower, subject to the provisions of paragraph I7 here~f..111 covenants :tnd agreements of Borrower shall <br />- be ja}nt and several. The captions and headings of the paragraphs of this \Iortgsge are for convenience only and <br />are not to be used to intzrpret or define the provisions hereof. <br />14. Notice. any notice to Borrower pravitled for in ibis \iortgage shalt be given by mailing such notice by <br />certified tnai! addressed to Borrower at tltc Property Addre_s stated below, except far any notice required under <br />paragraph 18 izerea# to be given to Borroter in the ntssmter prescribed by applicable law. Am• notice provided <br />for in this 3Lartgage shall be deemed to hate been given to Borrower when given in the manner designated herein. <br />i5. IIaitorm Mortgage: Governing Laws Severability. This fornt of mortgage combines uniform covenants <br />fur national trse and non-uniform covenants with ]trolled variations by jurisdiction to constitute a uniform secu- <br />~Y instrtrment coveting real property. This Mortgage shall he governed 6}- the law of the jurisdiction in which <br />the Property is located. In the event that any provision or clause of ibis Mortgage or the Note conflicts with <br />n.,e}~>~ tas, ..~ e....9:.,f ~6et1 a.,r fin.. .,rl~ r}„ \i., tl,o \.~fo .~•h.,,l, k,o <br />~trYcc,;..u.c o u~u a ~ .... .......... ~, p ..-..6 .......~ •.. ^.ga~. .,..,.. _. .. ..,._.. 6,>r <br />effect without the conftieting prov}sion, and to this end the provisions of the Mortgage and the Note are declared <br />to b° severable. <br />i(w Borrower's Copy. Borrower shall be furnished a coniornted copy of this Mortgage at the time of exeeu- <br />tioar or after t~ordation hereof. <br />39. 9Y of the Property: Assumpiian. If ail or any pan of the Property or sn interest therein is sold <br />or transferred by Borrower without Lender; prior written consent. excluding ial the creation of s lien or enctrm- <br />branoe subordinate W t#t4s Mortgage, ib} the creation of a purchase money security interest for household appli- <br />snces, {c) s transfer by devise, desceai or by operation of law ulwn the death of a joint tenant or (d} fhe grant of <br />any leasehold interest of three pears or less not containing an option to purchase, Lender may, at Lender's option, <br />declare all the sums secured by this Mortgage w be immediately due snit payable. Lender shall have waived such <br />option to acxelerate if, prior to ttte sale or itansfer, Lender and the person to whom the Property is to be sold or <br />transferred reach agreement in writing that the credit of such ltet~on is sari=iacton• to Lender and that the interest <br />pt9able on the sums secured by this liortgsge shall he at such rate as Lender ,hall request. If Lender has waived <br />thae opticet to accelerate provided in this paragraph 27 and if Borrower's succea or in interest has executed awrit- <br />tert aesumptitm agreement acte{tted in writing by I.etsder, Lender shall release Borrower irom all obligations under <br />this Moattgnge sad the Note.. <br />If Leader exercises such option vo srce}erste, Lender shat} mail Borrower notice of acceleration in accordance <br />with paragraph ii hereof. 3uvh rmtict shall provide a }>eriod ai not lei than 3f1 days tram the date the notice is <br />mailed tcithin which Borrower rnav pay the stems declared due. Ii Borrower fails to ltay such earns prior to the <br />espiraltatm of steels period, Leader may. t+-ithout further notice or <lelttand an Borrower, invoke any remedies per- <br />mitted try paragraph 18 her+eoL <br />:t:o~-t'xu*o€tx %trvesta.sis.. $orrawer and Lender farther t~t?cenant and agree as fQlfoivs: <br />i8. 1eat»: HamscKsa Exrept as providttl in psragrs}~1j is hereof, alms Borrower's breach of any <br />oovenaat or agreement of Borrower in chi: 1lartgage, including the covenants to pay when due any aunts secured <br />by this Tiorigage, Lender prior to arreleratian shall mail satire to Borrowcs a~ providtY} in paragraph ] i hereof <br />specifying: li! the br~esth; i21 the action mquinxi to cure such i+rrarh; t81 a date, not less than thirty daps <br />Ir•~t the date the notice is stalled to Borrower, by wbicit .wtrh 3ararh must ix corny}; and i9 i that failure to cure <br />srxlt breath on or b~e}ore ilte date specified in tl,e natia~ stay rrsuft in aetselerotion of the soots secured by this <br />~ sad salt of the Lroperty. II the br+rarh is net rutt~3 ar, or lx^fom the date >perified in the aotire, Leader <br />si Ltmrler's o{riioa tnap dertam all of the autns ~txuted by xltis \fos;gsgr to lte imtnedistely due and payable <br />aithatri further demand and may fareelt>se chi. Mortgage by judicial prnreediag. I.rnder shall be entitled to collect <br />is s~ prorepdirtg all exprttses of iererlt>~urr, including, but ntt li:used to ro--t= of dacuntentnry evidence, <br />aLtataada and title rtports. <br />i!. Boa:oaasra fftght to Heoaala~. \oia-it}tstandutg Letxiei acrrlerotion of the auras secured by chi; <br />91Ls~#ggae, Borrower shall have the right to have any prareEdinge begun br Ixnder to enfarm thu ltartgage dis- <br />oaadiaoed at nay time prior to entay of a judgment enfsttring this Mortgage tf: tar Borma•er pays header all <br />scams slti~ wooid be €I~ due under thin ~fortgsge, ihe'_~ote and notes securuigi'uture• ~drarucw, ii any, Itad no <br />occurred; {bi Borrower tort's atl txEarbec of any other rarenantE or agtremettts of Borrower corr- <br />ta~ilorrd iatllrial; (el Borroarerpays all reasttnablc^ rx1>raasef ineutnd tar Lender in nmfarcing the rovenanta <br />sad rrLrrae~ ~ $or>mwer ocaiaiaed is ibis tiorlgalte and in enfatring I.rndet'. remedies as provided in }xaro- <br />~ )fS bpe~, ~, not limited to, t+gasonahlt attorrxy'- few: aruf id t Borrower takes such action s: <br />LttadRSmay rasvsaara-h}y require to aswrre chat the lien of this yortgage, Lenders interest in the Yroperty and <br />B+ocruattar'a to pay the auto seturtti try this; ]fortgagc shall continue nnimpairxd. I'pon such payment <br />sad ~ h7 Baaercorex, t~ ~igct~- sad the abligatioa~ secamf hereby slsatl remain in full force sad etlect as if <br />neielwiad_oet <br />~, ~ d ~ atat of iieasi+es: Lradatr is F'osseerion. As additional security here- <br />aapdrs, Ha~aert~:r bdsby > La 1 ttie rti3rts ~ the Property . pro-7da2 that Borrower shall, prior to arse}er- <br />+-file a-~C l8 ber+eirf or sent of the Frtrperty, here the right fo collect and retain such rents <br />fa~eg;rieamaaedaieaadpnyabiee_ . <br />tinder' p4trph IS heretrf or ahandarmemt of the Ympertc, Lender' in person, by agent <br />oar t}y ~ tmaeivet•'s Lee entitled to eater upon. lake possession of and manage ihr Property <br />rwd f$ eeileRt rite re~a of #;be Play, tttaee past due. ill mute cailected by bender or the mreiver <br />pa-gyp--n ~~~"c~ v~=~aar~u-,gvmttst :rf the Yr~,ertcy and R,llertion of rent-. inrltn-}irg, tn,-t <br />swot limited to, reetaver'a ~ ~ ort reetiver a bonds; and rrasanable attorney's fees. and then to the sums <br />eecur+ad ley tltitt l~lttt'tgage. Leafier acrd tdre rer~ei~rer eltall be liable to account only for those rent_ti actually mceived. <br />