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~ ~ not eztetad ai 1,>as~tpartr the aloe date of tha =.nortsro Lt st<s~l a:c.:V~ r•cferred to sir: rr~aralgraph~; I and 2' ira>reof or change the ~taraount of ».tela nstalime,?ts. ~. .; io. I~orzwruwer Not Releaur,E*d. I:xtensir,;ar of the *ra ae fr+r }ry~-t:.~nt or mipdifies*iat; n.f arnartisation of tha: sums secured bey thus Isiortt,arge granted br; i.er ler to anti r,.trscessor in interest ,>; Bnr*az:E er eltall nest operate to reiear~, ~ ~ in any tu'vatnnt,z+; rite ]iabilitc of the original Borro e• anti Bo~t•osa~er: -ucrF~9or. ir+ ;nteres{. bender shall not be requited io commence proceedings against such successor or nevus<: to extend time for payment ar atlzerwise modify amortiaation of the sums secured by this Mortgage by rezson of sna• demand made bi- the original Harrower and .~ Borrower's successors in interest. lt. F~ba,aa?nce by Leader Not a Waiver. :any forbearance by Lender in exercisir:g any right or remedy ~ hereunder, or otherwise afforded by al>nlicable law, shall not be a waiver of or preclude the exercise of any right or remedy hereunder. The procurement of insurance or the pa3•ment ai taxes ar other liens or charges by bender ~ shall noL be a waiver o3 Lender's right to accelerate the maturity of the indebtedness secured by this Vlortgsge. 22. Remedies Csrmulative. :III remedies provided in this Mortgage are distinct and cumulati^e to any other i. right or remedy trader ti;is Mortgage or afforded hr Isrc ar r~quity-. and may be exercised concurrently, independ- €E ~ entry ar successively. 13. Successors ®d Aasigas Bauad; #aiat and Severest Liability; Captions. The covenants snd agreements herein contained shall bind, and the rights hereunder shalE !turns ta, the respective successors and assigns of Lender -- :~nd_Borrower, Fuhiect to the provisions of paragraph 17 hereof. ~l1 covenants and agreements of Borrower shall be joint and several. The captions and i,eadings of the pscagar]~Izs ~; ;.;; ::1:;r2ga~e a., .__ _on:vniencg nnlLand - ate not to be used to interpret or define the provisions hereof. m jnr r 14. Notice. Ape notice to Borrower provided for in this Mortgage shall be given bp• mailing such notice by certified mail addressed to Borrower at iht• Property .-lddress stated beioz:~, except for an}• nonce required under € '. paragraph 18 hereof fo be given to Borrower in the manner prescrii;ed by applicable ia:v. Anc notice provided for in this iforigage shall be deemed to !rave been given to Bon•ower :Then given in the manner designated herein. 15. Uni#orm Mortgage; Governing Law; Severability. 'Chia form of nzottgage combines uniform covenants for national use and non-uniform covenants with limned variations b}• jurisdiction to cmzstitute a uniform secu- rity instrument covering real property. Thu \Ia•tgage shall be governed t;y the law of the jurisdiction in which the Property is located. In the event that any provision or clause of ibis Mortgage or the IQote conflicts with applicable Iaa•, such conflict shall not• affect other ]zrovisions of this Mortgage or the \ote which can be given effect without the conflicting provision, and to this end the provisions of the Mortgage and the Note are declared to be severable. 16. Borzower's Copy. Borrower shall be furnuhed a caniormed copy of this ~Iartgsge at the time of execu- tion or after recordation hereof. - 17. 7raasfer o! the Property; Assumption. If all or amp part of the Property or an interest therein is sold - or transferred by Borrower without Lender's prior written consent. excluding ca! the creation of a lien or encum- brance subordinate to this \lortgage, (bl the creation of a purchase money security interest for household appli- ances, {c} a transfer by devise, descent or by operation of law upon the death of a joint tenant or (d) the grant of any leasehold interest of three years or lea's not containing an option, to purchase. Lender mac. at Lender's option, ''~, s declare all the sums secured by this Mortgage to be inm;ediateh• due snd payable. t .. - t - _ - , r -- t' - I# Lender exercises such option to accelerate, Lender shall !usil Borrower notice of acceleration in accordance - with paragraph 14 hereof- Such notice shall I.ro:•ide a period of pat lc~-s than 3Q days from the dale the notice is mailed within which Borrower may pay the sums declared due If Borrower fails to pay such sums prior to the expiration of such period, Lender may, without iut•ther notice or riemand on Harrower, invoke any remedies per- - mitred by paragraph 18 hereof. - :~o>v-Lixrz~oa~:ir COYFNATTS. Borro:ver xnd Lender £urther covenant. and ag•re~ as foll!tws: ll?. Acceleration; Remedies. Except as provided-in paragr:q>Ir 1'i hereof, upon Borrower's breach of an}° covenant or agreement of Borrower in this Ztortgagc, including the covenants to pay when due :tny stuns secured by this Mortgage, Lender prior to acceleration slialf mail notice to Borrower as provided in paragraph I4 hereof specifying: f1) the breach; t21 the action required to cure such breach; t3) a dote, not Icss than thirty days from the date the notice is mailed to Bm~ro:ver, b}• zr•hich such hreacb must br cured; and t4a that f;zilure to cure such breach on or before the date specified is the notice may result in acceleration of the stuns secumd by this ~~Iortgage and sale of the Property. If the breach is not cured otn or he--fore the date specified in the rwtice, Lender at Lender's option may declare all of the sums set•ured I>y this \~Iort-gage to be immediutcly due and payable without further demand and may foreclose this Mortgage by judicial proceeding. Lender shall he entitled to collect in such proceeding all expenses of foreclosure. including, hat no! limited to. costs of docuuneutary evidence, abstracts and title reports. I9. Borrowaia Right !o Reinstate. NotK•ithstnndmg Lender's ucceleratiau of the aunts scoured by t-his Mortgage, Borrower shall have the right to hate any proceedings begun la.• Lender to enforce this \lortgage tiis- continued at any time prior to entry of a judgment enfol•cing this Jlortgagc if: tai Borrower pays Lender all 3 sums which would be then due under this Mortgage. the Note and notes securing Future A<h•unces, if any, had no acceleration occurred; (k>) Borrower cures all breaches of au}• other roccnants m• agreements of Borrower con- - _ rained in-this i43artgage; (c) Borrower pays ail r•easonabk• expenses incrurrcd by Tender in enforcing the covenants - and agreetnenG3 of Borrower contained in this \lortgage and iu enforcing Lender's remedies as provided in purn- -j graph 18 hereof, including, but not limited to, t•easonsble attorney's fees; and td i Borrower taker; such action us Lender-may reasonably require to assure that the lien of this Mortgage, Lender`s interest iu the Property and Borrower's obligation to pay the sums secured by this Sortgage ,hall continue unimpaired. L?pop such payment and etrrre by Bwmwer, this 111ortgage and the obligations secured .hereby shall remain in ful! force and effect as if no acceleration-had occurred. ~. Asaaignmaat o! Rants; Appointmasai of Receiver; Lender in Possession as additional securit.v here- - under, Borrower hereby assigns to Le»d?r. Elie rents of the Property, proriderl that Borrozcer shall, prior to acceler- atwn under paragraph 18 hereof or abandonment of the Prolxrty, have the right to collect and retain sorb rents as they become due and payable. Lt~n eleratian zrtrder paragraph 18 hereof or abandonment of the Property. Tinder, in izerson, b}' agent or by jnitieially appointed receiver-shall he entitled to enter upon, take possrssian of and manage ih,• Yrolzeriy and to collect the rents of the Property, including Those past due. ill rents- rallected by bender or the receiver shall be applied first to payment of the costs of management of the Property and co!Icction :;f reri~ mcl:rditag, i;ut not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorney's fees. nand then to the sums secured bg this i4lortgage. Tender and the receiver shall be liabic to account onl}• for those rer;ts acutnily recai~•ed.