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not extend or postpone the due date of flit monthly insiallroents referred to in paragraphs I and 2 hereof or
<br />change the amount of such irstallme^ts.
<br />10. Borrower Nat Released. Extension of the time for payment or modification of amortization of the sums
<br />secured by This lRorigage granted by Lender to any successor 5u interest of Borrower shall not cperate to release,
<br />in anv manner, rite liability of the original Borrower and Bon•ower's successors in 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 the sums secured by this Mortgage by reason of any demand :Wade by the original Borrower and
<br />Botrower'a successore in interest.
<br />11. Forbearance by Lender Not a Waiver. Any forbearance by Lender in exercising spy right or remedy
<br />hereunder, or otherwise afforded 6y applicable law, shall not be a waiver of or prechtde 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 he s waiver of Lender's right to accelerate the maturity of the indebtedness secured lay this ~4ortgage.
<br />~ 12. Remedies Cumulative. All remedies provided in this Mortgage are distinct and cumulative to any other
<br />~ right or remedy under this Mortgage or affoc•tted he lsu- or equity, and ma}• ba exercised concurrently, independ-
<br />~ entry or successively.
<br />13. Successors and Assigns Bound; Joint rind Several Liability; Captions. The covenants and agreements
<br />~ herein contained shall bind, and the rights hereunder shall inum to, the respective successors and resigns of bender
<br />~ and Borrower, subject to the provision; of paragraph 1 r hereof. All covenant;; and agreements of Borrower shall
<br />be joint and several. The captions and headings of the paragraphs ct this Mortgage are for convenience only and
<br />t7•t are not to be used to interpret or define. the provisions hereof.
<br />r` 14. Notice. Any notice to Borrower pmvided for in this \lortgage shall be given by mailing such notice by
<br />certified mail t{ddressed to Borrower ui the Yroperty Adtic•css stated below, except for any notice required under
<br />paragraph 1$ hereof to be given to Borrower iu the wanner u•escribed by applicable law. Any notice provided
<br />for in this ~lortgage~ shall be demued to hate been given to Borrower when given in the manner designated herein.
<br />23. Uniform Mortgage: Governing Law: Severability. 'T'his form of mortgage combines unitonn covenants
<br />for national use aril non-uniform covenants a-iUt limits •. ...,..,..; '.:~ joie ~i;,tion to cuustiiute a uuitunu secu-
<br />rity instrument covering real property. This Mortgage shall ba governed by the late of the jurisdiction in which
<br />the Property is Iocated. In the event that any provision or clause of this \Iortgnge or the Note conflicts with
<br />applicable law, such conflict shall not atTect other provisions of this Mortgage or the Note ,which can be given
<br />effect without the conflicting provision, and to this end the provisions of the 3ortgage and the Nate are declared
<br />to be severable.
<br />16. Borrower's Copy. Borrower shall be furnished a conformed copy o£ this 1ortgage at the time of execu-
<br />tion or after reeordatiot: hereof.
<br />17. 'hoarier of the Property: Asaumpfion. If all or any part of the Property or an interest therein is sold
<br />or transferred by Borrower without Lender's prior written consent. excluding (a) the creation of a lien or encum-
<br />brance subordinate to this Mortgage, ib) the creation of a purchase money security interest for hotuehofd appli-
<br />ances, (e) a transfer by devise, descent m• by operation of law upon the death of a joint tenant or ld) the grant of
<br />any leasehold interest of three years or lees not containing an option to purchase, Lender may. at Lender's option,
<br />declare all the sums secured by this Mortgage to ba imnu'<iiately due and payable. Lender shall have ,waived such
<br />option to accelerate if, prior to the sale or transfer, Lender :utd Cite per-son to ,whom the Property is to be sold or
<br />transferred reach agreement in writing that the credit of such person is satisfaetorv to Leader and that the interest
<br />payable on the sums ser.ured by this Mortgage steal! be at such rate as Lender shall rev;nest. If Lender has waived
<br />the option to accelerate pravidzd in this paragraph 1 i and if Horrtnver's stx•cessor iu intrrast. has executed a writ-
<br />ten assumption agreement accepted in writinc b}• ].ender. Lender shall release Borrower horn all abliRatians under
<br />this Mortgage and the Note.
<br />If Lender exercises such option to accelerate, Lender shall malt Borrower notice of acceleration is aceordanee
<br />with paragrai-ih I4 hereof, ~ueh notice shalt praridc a period of oat less titan 30 +la}•s from flit dolt the notice is
<br />trailed within which Harrower may pay the sum, derWred due. If Harrower fail to laav suelt runts prier to the
<br />'=.xprrtGion of such period, Lender may. tvitltatst further pollee ot• s{ernztntt utt Narrower. m:•ake any remedies per-
<br />mitted by paragraph 18 her~f.
<br />N~~-Cl~;~a~€ 4""=a=~~at`:---s. Hart°t,~°•,r atttc4 I_t~n±it~r t'ttrt4srr ,•t,c•.~ttiatlt sntl tt~rt•~,., as €nll,tw•_
<br />1il. ~cCS~ra~an; Ife~e~sa~ '~ec-ti ttc {eraritic,I nr p:u•agral+L i7 h,~re=uf, upon flarruwe-r-s i?t`{ach of anv
<br />covenant or agreement pf Borrower in thiti \Iortgagr, including the covenants to pay trhzn due tut}• sums securert
<br />by this Mortgage, Lender prior to arceieratimt shall tu;til notice to Harrower tts provided iu paragraph i•k hereof
<br />specifying; fIl the breach; t2l the actioo required ua ctnr such breach; tai a daka, not less than thirty days
<br />front the gate the uofiec is mailed to Narrott•er, Ir}- twhich such bt•c:u•h unwt tx~ cured: alai t4 i that failure to cure
<br />such brcatth on or before the date specified in the notico muv result in accelet•atiun of the stuns scoured by this
<br />Mortgage and gale of the ProlxarGy, I[ the breach is not cured on ar 6efotr rim dais' spiciticd in flit notice, bender
<br />at Iendera option may dcelaec all ai the sinus secured 6r this \lartgul;e to 6r inunediutely due turd pa}•able
<br />without f+~rtherdentatxi and may foreclose this 3fortgaga by .iudiciai proceetlinti- Lander shall hr entitlert to collect
<br />m gush proecatiittg alt rxpensea of foreclr~urr, including, httt not htuttr.t tea, c~awts of dacwttrutart~ nt•ileuce,
<br />abstracts and title reports.
<br />!t!. ~a[i 1 to Ss~slate, Natwitiutaatliul; Lcodir'.. acceleration of the ruin, secured by this
<br />Mortgage, >8arnrwer shall have the right to have any i,roret'<iin{t. begun h}• I,iudrr to enforce this \tartgage dis-
<br />continued at any time prier to entry of a judktnent enftg•eint; thiw \lurtgttkc if: tat Bon•awer {taya I.eniier all
<br />earns which would be then due under this Mongttgc, the \ate nn+i notes securint; b'uture :~dvancas, if am•, heel no
<br />acceleration aceurretl; kb1 Harrower carts till breaches of say other eucruants or agreements of Borrower con-
<br />iained in-this Mortgage; fei Borrower pays all raasonal:h~ expan:+as incurred by f.cndzr in enforcing the zovenants
<br />and agt$atnenta of Borrower contained in this 1longage and nt enforrtng l.zndcr's rzmztiies as pravidzd in para-
<br />graph 18 hereof, including, but not limited to, nasona6lc uttornry's Tres: anti td1 Horrowrr takes sorb action a..
<br />Lender may rea®onably require to assure that the lien of ibis Morigagc, l.endet~s interasi in the 1'rularrty amt
<br />Borrower's obligation to pay the sums secured by this ~lartgagr shalt continua uniny,nitrd, t'pan such payntrnt
<br />and twre_by-Borrower, this I~artgage and the ahligatinns aecurerl hcreb}• shall remain in lull fora anti effect as if
<br />no aocateratiaa had occurred.
<br />;~1. Aalgideaast of Rwotu Agfwiatmont a1 Aaesivar; leader is Foasatarian. As additional security herr-
<br />ntlder, Bprrowex hereby Aaaigttts to Lenr.er the rents of the Propery. provided that Borrower shalt, prior io acreter-
<br />atian under paragraph 18'`ereaf or abandonment of the Yroperty, have the right to collect and retain such rents
<br />as they Eretsaina due and pttiyable.
<br />Upon acceleration Under liaragraph 1$ hereof or abandonment of tthe Yroltett}•, Linder, in Ix•rsan, by agent
<br />or by judicially appointed teceivor shall -lto entit-tni to enter ulaon, take possession of anti uucnat;c the Property
<br />and to collect the rants of-the •E'roperty, including thaw part due. Alt treks collected by I,rneizr or the reccivar
<br />shad h@ applied t~rst to payment of the costs of management of the Pronert}• and collection of rents. including, but
<br />not limited to, reveiver'a fees, premiums an reeeiver'a houtls anti rcasnnahli attorney's fear, uud titer to the runts
<br />secured by this Mortgage. Lender and the rereirrr shall lac liable to account nnh• for those roots actually received.
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