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riot extend or j;ostpore the due date of the montaly instailtnents referred to in paragraphs I and 2 hereof or
<br />change the amount of such installments.
<br />10. Borrower Plot Released. Extension of the time for payment or modificatian of amortization of the sums
<br />secured by this lYlortgage granted by bender to any successor in interest of Borrower shall not operate to release,
<br />in any manner, the Liability of the original Borrower and Borrower's successors in interest. Lender shall not be
<br />required to commence proceedings against such successor m• refuse to extend time for payment or otherwise modify
<br />smortization of the sums secured by tL•is \lortgage by'reason of any demand made by the original Borrower and
<br />$orrower's successors in interest.
<br />11. Forbearance by Lender Not ~ Waiver. Any forbearance by Lender in exercising any right or remedy
<br />hereunder, or otherwise afforded by applicable law, shall 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 be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this Mortgage.
<br />~~ 12. Remedies Cumulative. Alf remedies provided in this \lortgage are distinct and cumulative to any other
<br />~ right or remedy tinder this \lortgage or afforded by law or equity, and naa}• be exercised concurrently, independ-
<br />'' early or successively.
<br />~ 13. Successors and Assigns Bound; Joint and Several Liability; Captions. The covenant. and agreements
<br />herein conts.ned 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 17 hercui. All covenants and agreemenis of Borrower shall
<br />` be joint and several. The captions and headings of the paragraphs of this \lortgage are for com•eniencr onh• and
<br />cwt are trot to be used to interpret or define the provisions hereof.
<br />h 14. Notice. Any notice to Borrower provided fur in this \Iortgagt• shall be given by mailing such notice. by
<br />crrt.ified mail addressed t:o Borrower at the Property Addre•<~ stated below, except for :uq• Holier required under
<br />paragraph IS hereof to be given to Borrmccr in the uaanncr prescribed by npplicablc Iaty. Any notice provided
<br />for in this \lortgage shall he deemed to hays been given to Borrower when given in the mariner designated herein.
<br />lb. Uniform Mortgage; Governing Law; Severability. 'p!s'.s form of mortgage combines uniform covenants
<br />for national use and non-uniform covenants whit limited variations by jurisdiction to constitute a uniform secu-
<br />rity instrument covering real property. This \lortgage shall br governed by the tats of the jurisdiction in which
<br />the Property is located. In the event that any larovision m• clause of this \lortgage or for ATate cmtflicts with
<br />applicable law, such conflict shall not affect other provisions tat this \lortgage m• the Nutt which can be given
<br />effect without the conflicting provision, and to this end the provisions of the ~lort.gage and the Note are declared
<br />to be severable,
<br />18. Borrower's Copy. Borrower shall be furnished a contormetl copy of this \lortgage at the time of execu-
<br />tion or after recordation ttereof.
<br />17. ?ransier of the Property; Assumption. Ii all ur 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 Jlortgagr, t 61 the creation of a purchase money securitc interest for household appli-
<br />ances, (c) a transfer by devise, descent. or by operation of law upon the death of a joint tenant ur (dl the grant of
<br />any leasehold interest of three years or less-not containing au option to purchase, Lender may. at Lender's option,
<br />declare all the sums secured by this !lortgage to bt: irnuaedlate{y due and payable, Lendee shall have waived such
<br />option to accelerate if, prior to the sale ot• transfer, Linder and the person to whom the Property is to be sold or
<br />transferred reach agreement in writing that the credit of :=uch person is sattiafartory to Linder and that the interest
<br />payable on the sums secured by this J-lortgsge shall lee at such rate as Lender shall request. if Lendee has waived
<br />the option to accelerate provided in this paragraph 17 and ii 1?orrowt is surcesor iu interest has executed a writ-
<br />ten assumption agreement accepted in writing by Lender, Lender shall release Burrower from all obligations under
<br />this Mortgage and ttte Note.
<br />If Lender exercises such option to a•_celerttt ,Lendee shall quail Borrower notice of acceleration in aeeordance
<br />with paragraph I~ hett:uf. a'uch native shell larovicie a period of nut less theca 30 days from the date the notice is
<br />mailed within which Borrower may pay the sums declared .loo. If Burrower fails to pay such sinus prior to the
<br />expirat36n of such p€ratt::, I.endt'r may, tyltlttaL`t further ttt;t lei` iar dt: Fraatitl iatt l~iarCatt"rt', tfiyOlt= tin0' P2Ii1?t1aP8 lat:P-
<br />mitted ]ty paragraph ltd hereof.
<br />_.~~r= '~.F,-,a~ t.t.iz;rr~~:r=_~. keel=~,ts°t~s° t n.. l.t~.ttl?~F' t•urftrr•t• t•{.t•t~..,enf =tnc1 t,~'rri, r•s trallt,ts
<br />1;~ Acc~Isra~on; Ttsenctiisa t~tcept ;t; trruvicir,i in t!arak;r:yci~ 17 ita!cuf, upon f~orrnwc•r s hrtach ui any
<br />covenant or agtemnnt of Borrower in this \iortRttl;r. intluding the cvvcounts to psy when duo any sum. u•currd
<br />by this Mortgage, Lrndrr prior to ac•ectrt•atian >hall ntatit tn*tirr tie Netsmwrta• {lt'uvide~-1 in paragraph 13 hereof
<br />specifyittq: (il the brearla: t2a the eerier required to cnro such bleach; t;i! a date. nut less tluua thirty day.
<br />front the dote the notice is ntaiietl to Borrmvcr, hp which such breach must br curttii; ttntt t•} i that lsilurv ha rttr
<br />such breach on or tmforr rite date apecrfied ui the nouco reap result in acceleration of the .,uu:< ~cowx•d 6c this
<br />Mortgage and sale of the Ptroprrty. li the bnauh is not cured .n; or 6efuro the date ,pecatied iu the notlre. Leader
<br />at Lender's option may declare ail of tht• yarns scented h~ tiu~ \lorigagc• to be intuaodi:tteip ;iuc ;trui puyttbie
<br />without furtherdenaanci salt u~ay fut'€eiuse th;:• ~turtt;a>;e by Judtentl iu`oreeding. l.onder sled! be entttieci ita roih•rt
<br />m &nell proeeedtng ail t'>ipe tL~e?+ of lnrl't'inrtatt'. 111t'lntlni~• hilt nf,i ltnAnt•tl Ct1_ t't,_C~' let ~l~lc•aniettt~Ct t _ienea•,
<br />abstraeta and title reports.
<br />Iff. Sorsevrtu'a Ttighl la Bas#iatatt, \utwith,t:uuhng Lender';. ;ucalertUuw ui tht• ..uw.. ..ecun•d Icy tht.,
<br />M4#~a Bp['r'4HSi'shall h6V~ ilt£ Figitt to }anye• ant' pruceeriina;- itr~;tw by l.!3ndoc ha enforce thi> 1lurtt;aga dts-
<br />reztt%nt>~ at any time prior to entry of a judgment enforrtnK tht. Afurtgate rf: tar Hoerutvcr pay, Lender all
<br />setms vthioh vtwUld be then due under this ilurtgatgc. the Note sod notes sreunnt; F'uturc :1dt•anrt, , if any. had no
<br />actattleration oocurtad: (hl Borrower r~ttrrs art trrrachc~ ~t! any other cu,r•nnnts ur agrt•t•nat•ntr of Buertawer can-
<br />tai in this Mamie; tai B+ae~wat pays alt :~asonat i~ ,:ti„=n<tTM rat=u»ttil h~• Lt•ndrr to r•etic,r-~int; the r,~tsrant>`
<br />and agreements of Atrrrower rontairtrti in tats ~Iortg.t;;e and an t•t ictr:in{; t ••ntlt•r` tt•rntvhe•- a- -raviclt~i itt {cttra-
<br />graph lEt horcof, including, but not limited tv• rrawnabh• atturnry'~ t`t•rs. anti tilt Burrower take. a,r•h acUan a,~
<br />Leader Wray reasonably ret7uire to mute that the livr~ of tktin ~lurtgagc. Lender`s intcrost in thc• I'ruprrtr :tad
<br />Borrower's Obligation to pay the earns ercutrtl by thin \Iortgagc• >hail cuuthntc unimptuecd. i'txn such payment
<br />and-cure hy.Borrorver, thin;blortgags and the obligatiun~ strurrtl hart=6y shall rruaatu in lull lucre :urd rtTt•c•t as if
<br />no aaooharation had acetirred.
<br />~. Jlrt~ppwasart allflie~rk AIRFolntrtuuat of Ett~iv*r; Leader itx Porseaslaa. :ls ntiditiunul st•eurtty hi`n•-
<br />under, I3arroaret herby assigns ttr Lender the mats of the l'.~aerty. providtvl that Borrutvcr shut!, prior to urreier-
<br />atSon under paragraph 18 hereof or abandomttt:nt of the PmtK•ny. hate tIu• right to c:atiect anti maatn such routs
<br />as theyr ltmaame due sad payable.
<br />Upota acceleration mzder ptsragtit#flt IB tt+iretrf ur shstxinrtu~ent of the i'rnl,t°:tY. i.ender. izr l.et•,u~n• '.,}• :tt;eni
<br />or by judicially appointed receiver tdaall hr entitled to enter utaon. take pcas.Eessiart of anti manaa:e tltt• 3'r,,{r+•rtp
<br />at#d to t:~faCt FhH rents Elf the Ptitptt`tF. iri$]tidin~ ihEUU past due. ;111 mnt> ruNertcti tit Lerdc•r or ~hc- t~•>vivo
<br />aizali be appii€d first ttspayttteny of the etxata taf r:,aneatetzt eYf t:ie- Paett:t•rt; :a":.F ~etii<<'t;;~s; .,t .<.n- :i~~ i .,t;~.: ,.
<br />riot limitct3 to, rrceivcr`w free, lareenimau. m, rarcttrr•t hw,d- _tttti rtawaahi+ attotnt•,~ > tt•t-- :ct:_i tlirtl to t._t .t;,:+:~
<br />hccut~i lea this 19isrtgage f.Mnd,•r ztnrf ti,+; rtK•civcr aio,ll bt• usihit- t,.:o t~terint tt,it .,:• .~. •.~;,s • ,• .~,`l, , •
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