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not extend or postpone the due date of the monthly irstalhnents referred to in paragraphs 1 and 2 hereof or
<br />change the amount of such installments.
<br />10. $orrower Not Released. Extension of the time for pavment or modification of amortization of the sums
<br />secured by this _vlortgage granted by Lender to any successor in interest of Borrower shall not operate to release,
<br />in any manner, the liability of the original Borrower and Bon•on-cr's .au?±•essors in ir•ternst. Lona,~ suatl r,ot be
<br />r€-yuir;.d tie corarnence proceedings against such s!!ecessor or refuse to extend time Tor payment or otherwise modify
<br />amortization of the sums secured In- this Jortgage by reason of any demand made by the original Borrower and
<br />Borrower's successors in interest.
<br />11. Forbearance by Leader Not a Waiver. Any forbearance by bender in exercising any right or remedy
<br />hereunder, ur otherwise afforded 'oy applicable law, shall not be a waiver of or preclude the exercise of any right
<br />or remedy hereunder. The procurement of insurance ot• the pavment of taxes or other liens or charges by Lender
<br />~ shall not he a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this kIortgage.
<br />12. Remedies Cumulative. Alt remedies provided in this \tortgagr are distit:ct and cumulative to any other
<br />right or ren;edy under this Mortgage or afforded h}• lan• or equit}•, and may be exercised concurrently, independ-
<br />a= ently or successively.
<br />*"~ 13. Successors and Assigns Bound; Ioiat and Several Liability; Captions. The cotenants and agreements
<br />=/ herein contained shall bind, and the rights hereunder :hall inure to, the respective successors and assigns of Lender
<br />and Borrower, subject to the provisions of paragraph t7 hereof. All covenants and agreements of Borrower shall
<br />{~ , be joint and several. The captions and heading; of the paragraphs of this \turtgage are for rontenieuce only and
<br />~ are not to be used to interpret or define the provisions 6etrof.
<br />i`~ !d. Notice. any notice to 33orroeer provided fur in this ~Iortgagc .hall he given by mailing such notice by
<br />certified mail addressed to Bon•oever at the Property Address salted below, except. for any notice required under
<br />paragraph 18 hereof to be given to Burrower iu the manner prescribed by applicable law. Am- notice provided
<br />for in this 1lortgagr shall br deeuted to have been given to Hm•ro+cer e+hen given in the manner designated herein.
<br />15. Uniform Mortgage; Governing Law; Severability. 'Chic form at• urortguge combines uniform covenants
<br />for national use and hen-uniform covrnauts with limited v:u•tntions 6y jm•isdictiar to constitute a uniform secu-
<br />rity instrument covering real property. This Mortgage shall he governed by the lee of the jurisdiction in which
<br />the Property is located. In the event that any prrn-isinn or clause of this Mortgage or the rote conflicts with
<br />applicable law•, such confliot shall not affect other provisions of thi.; Alortgage or tt+e Notc which can be given
<br />effect without the coot?icting provision, and to this end the provisions of the \lortgage and tho Nate are declared
<br />to be severable.
<br />16. Bo. tsar's Copy. Borrower shall he furnisi,ed a co~tormed copy of this \4urtgage at the time of execu-
<br />tion or after recordation hereof.
<br />17. ?ransfer of the Property; Assumption. Ii a!I or am• part of the Property or an interest therein is sold
<br />or transferred by Borrower witl!au± Let:der'_. #;ror ;:rttcn cvnseni. exciudntg iai the creation of a lien or encum-
<br />brance subordinate to this Jlortgagr, tbl the creation of a purchase woos}- security interest for household appli-
<br />ances, (c) a transfer by devise, descent or by aperntion of law upon the death of a joint tenant or fdl the grant of
<br />any leasehold interest of there years or less oat eontniniug au optiuu to purchase, Lender may. at Lender's option,
<br />declare all the sums secured by this ~toM-gage to be im:ucdiatrlc due and payable. Lender shall have ++•aived such
<br />option to accelerate if, prior to the sale or transfer, Lender and the pet.on to whom the Property is to be sold or
<br />transferred reach agreement in wrii~ing that the rndit vi such prison is satisfsrtorv to Lender and that the interest
<br />payable on the sums secured b}• this \lortgage shall be at such rate as Lcndcr shall rc,#uest. If Lender has waived
<br />[he option to accelerate provided in this paragraph 17 uud ii Horro+cer's surreseor iu interest has rxecutet! a writ-
<br />ten assumption agreement accepted in +vritirrg by Lender, Lender .trail rrk•ase Harrower from all obligations under
<br />this Mortgage and the Note.
<br />If Let.der cx rt.><es zutle option to accelerate, bender shalt ~.3 13at rt.wrr notice' of aeceieratiott in accordance
<br />with paragraph 14 hemof. Nuch nuti_r sh=ell provide a pt•rrc~l of ,tc.. I!-a~ t?,.ta iti „ai° levee the lisle the natire is
<br />tnuilcd ++vthiu which Borrower may pny the saws declared due. li liorrnu`rr fart.: cu pay such sums prior t-o the
<br />c=xpiretion of :inch period, Lender uuty. without fut•ther nutii•.• ur ,icutand un liurruwet. invo".te any rrtTSedies #eer-
<br />mitxed by paragraph 18 hereof.
<br />:>at:-tTxttcia~ (-`ovt,xn;,Tr, liorrow'er nn+l Lt~nder 1'urthet• c•o±•e•trtrrtt atrraj =gr•~a ¢,- f•c;l!,r:;~s;
<br />18. AcCrllRrati>a~> Remedies, Except :._. pro, i~1~••I ,n >z.r,.r, - - l i ~ € rev •; ,,:t;
<br />( .. # I3vrrowE r. hrc•arh of any
<br />covenant or Agreement of Aorrowrr in this \turtgago including th, covrn:uu to pay when dtn uty .out. secured
<br />by this :1lortgage, Lrndt•r prier ro accetrt'utiun .,hull uccif nn; mr i„ liurruurr as pruvuiod in psu-agraph to hereof
<br />specifying. (ll the breach: i21 the action rcyuircd to rote -.ucit breach. tat s daa•. nut Ices t6au thirty days
<br />froth the date the notiCC in mailed to Borrower. h.• ahu•h such brr:u•h roust be cured; and i4t that f;uVurc to cure
<br />such breach on ar before the date sCx~cifie,l in the nouca• uuty result ire arreles:ition of rim sums se!u•cd by this
<br />:tlortgagu and sale of the Pro#>erty. If the breach rs nut cured un ar heftn•r tht• dote specified in the notice, Lender
<br />at Lender's option may drefnn• nit of the hums secured by thts itm•tgagc to be hnuntili:uely du,• and payable
<br />without further demon<i nndd mny foreciusc this Mortgage by lu!ti+•ial pt•ucerding. I,cuder shall be entitled to collect
<br />in eurli #erureeriing all ex#wniitra of fen•clu;ure, un•Iwhng, but nut lintin•d to. rusts ut docuumntun' evidence.
<br />atsstraete and title raporis.
<br />I!. Dorro'trrr'a HI~t to AelaNate, Xutwhhstunlmg Londer•s acerleratiuu of the sum. secured by this
<br />Mortgage,l~orrower shall have tttr right to have tttri- #rrocredings begun h}• Lender ru rufurec this \lortgage dis-
<br />rantinued at any tuna pear to entry of a judgment enfureing tin:. Uortgage rf: car Borrower pays Lender alt
<br />some which woald he then due ttttder thin llortgag,°. the `\utr ;uul nate•s .crating F'uturr ,l,tvntrce•s, iI nny, had no
<br />seoelerstion oeeuct,ed; (hl Borrower cures nil breaches ui :un- other rotennnts ur nHrt•emcnts of Burrower run-
<br />tsiAetl in this Mortgage; (e1 Elorrower Intvs nil res>onttk It iir •n4, ~ n=rurt•t:! ! 4 I ~nrl+•r trt .~nfureing the ruvrnant-r~
<br />sod agroemetYta of Harrower contained to this \turtgaht -md in rncoscrng t t ud+e'. rt~tnt,ftrs uz, lrroti~ird nt para-
<br />graph IB hrreoE, inefuding, but not limittai to. reasvn:rble utturnc•y's fees: aml id t Rorniwer tnkcs such action us
<br />I:ender may reaeanably roquirc to at~ure that the lien of this \turtgage. LrnJ,•r' hrterest in the Pro#>rtrty aed
<br />Borrower's ob6gAtian to pay the solos secured by this .l-lortgage sl:ail rontiuur umrupnin•d. t.t#+on such payment
<br />aad cure by Borrower, this Mortgage end the abligatiuns secure+d hereby shall rrmeiiu iu full Torre and effect as if
<br />na sooelaration had aecurred.
<br />+~. t of RtaW ApQOiptment of fiec~ivsr; Lender in Fasaeerion, As additional security here-
<br />4tlder, Iarrower hereby asttigne to Lander the rents of the I'rotxrty. #trorided t hot Borrower shall, prior to aetmtrrv
<br />anion under paragraph 18 hertwF ar abandonment of the Pro#xrty, base the right to collect and retain such rants
<br />as they became u'uo and payable.
<br />C7pon acceleration under parsgraplt 18 hemaf ur abaudannu•nt of the Yrol.erty, Lender. in person, by ngrnt
<br />ar by jttdicialiy nppainted receiver shaft #>,; entitled to enter a#aon, raise pek<re+sia=t: of :cn:i trrattstg, th+• I'tZ+pert~°
<br />and to collect Lire tints of the Pn_>ryert._ r„eh+t!*ng ths>ar pr,3t dtst Ott clot
<br />a.. e I n t r ur tie o-tcrr
<br />shall tx± apptisti first to paynx,nt of rite roster of nratragrrment of !It. I + #•,-!t~ _ ..! ,,,1:, --t s, ,., r ,.,- ., t „~. I,,,t
<br />nat. IlftrittYl ta, rCreiS°cr•~ teh. f._!tl,;,~tnP o•; .^,•t•.- !s~,,;;1~ .c',,: .;i,-.,, ,r -ri ~v- i , seal tli i ,u ti tell.
<br />:~cttred by thin Mtnigsgr. I ender and the terei.•-. shat b, u;:tnc w a. corral •,nn ti,r !t.„~, r,•nr o(!e~ i,,.;.c,i
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