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ntst~exten;d a!r;~~tost,ptane ¢Ihtes due date of taa,,v ttvaraitl,: i -.9 ~...~ r~ ,.rferre~~' fio ,, •rt-+al~rapn~ 1 stud 2 heroaf ar change t'lio ;rrnotant elf such installme~tts 10. Borrova^er Not'~Released. I~xtenaioru of thin tuns,: fc+r pwment ar moditfication of a~~mortization of the ~sauns secured lay this Mortgage granted by Lender to anti- succossor in interest of Borrower shall not operate to release, in any manner, the liability of the original Borrower anti Horrawer~ successor= =.n interest. bender shall not be required to commence lroceedings against such successor or refuse to extend time for payment or atherwise modify amortization of the sums secured by this Mortgage by reason of an}• demand made by tho original Borrower and Borrower's successors in interest. 11. Forbearance by Lender Not a Waiver. Any forbearance to}• bender in exercising any right or remedy hereunder. or otherwise afforded by spplicsble law. shall not he a wai ~ er of or preclude the exercise of any right or remedy hereunder. The procurement of insurance er the pavmeni of taxes or other liens or charges by Lerder t:~ shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured b.• this Mortgage. jr 12. Remedies Cumulative. 311 remedies provided in this }lortgage arc distinct and cumulative to any other Cr'j riglit or remedy under this \tortgagt ar afforded b}• lacy or tgnity, and mad- ',e exercised concurrently, indeperd- ~ entry ar successively. ,~ 19. Successors aad Assigns Bound; Joint and Several Liability; Captions. TL-e covenants and agreements ~ herein contained shall bind, and the rights hereunder shah inure to, the respective successors and assigns of Lender and Borrower, subject to the provisions of paragraph 17 hereof. All covenants and agreements of Borrower shall ' ~ be joint and several. The captions and headings of the paragraphs of •1}ai,= .`.Lnrt,aae are for convenience only and ~ are not to be used to interpret or define the provisions hereof. ~ 14. Notice. Any notice to Borrower provided for in this Aortgage shall he ;riven be mailing such notice by certified mail addressed to Bormwer at the Property Address stated below, except im• any notice required under paragraph 18 hereof to be given to Borrower in the manner prescribed by spplicsble law. any notice provided for in this Mortgage shall be deemed to have been given to Borrower when given in the manner designated herein. 15. Uniform Mortgage; Governing Law: Severability. This fcr. i of mortgage combines uniform covenants for national use and non-uniform covenants with limited variations b}• jurisdiction to constitute a uniform secu- rity instrument covering real property. This \lortgage shall he governed by the law of the jurisdiction in which the Property is located. In the event that any provision or clause of this \lortgage or the Note conflicts with applicable lau•, such conflict shall not. affect other provisions of this \lortgage or the Note which can be given effeot without the conflicting provision, and to this end the provisions of the Mortgage and the Note are declared to be severable. I6. BoaoweF's Copy. Borrower shall he furnished a contormed copy of this Mortgage at the time of execu- tion or after recordation hereof. !7. Transfer of the Property; Assumption. If all or any part of the Property or an interpst therein is sold or transferred by Borrower without Lender's prior written consent. excluding (al the creatiot; of a lien or etreum- brsnce subordinate to this \lortgage, jbi the creation of a purchase money security intereaG for household appli- ances, (,c) a transfer by devise, descent or by operation of late upon the death of a joint teltFSnt.ar (d} the,granCof any leasehold interest of three years or less not containing an option to purchase, Lender mav, at`Iender_rs option; INITIAL declare al! the sums secured by this tilortgage to be immediately due and payable. -~-- t .. t. If Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. such notice shall provide a period of not less than 30 days from the date the notice is mailed within which Borrower may pay the sums declared tine. If Horrawer fain to psi' swell sums prior to the expiration of swell period, Lender spay. without ftniher native m• demand on Borrower, invoke any remedies per- tnitted by paragraph 18 hereof. Nox-LxtrrorcAt t_.ovF'•ra:-TS, Borrower and Lender t'urthcr eovtjnnnt and agree its follow:;: I6. Aecelezaiion; Remedies. Except ax provide+l in paragraph 17 hereof. upon Borrower's breach of any covenant or agreement of Berrewer in this ~Iortgagc, including tht covenants to pay when due any sums secured by this :tlortgage, Lender prior to uct•elerution shall mail notice t,? Borrower az provided in paragraph 14 hereof specifying: (I) the breach; t2) the action rc,;wired to cure such breach; t31 a date, not lees than thirty days from the date the notice is mailed to Horrotcer, b.• tchich >ucli hrru•h uutst be cured; and 1~4) that failure to cure such breach on or before the date specified in the potter- nuav result in acceleration of the ruins secured by this Mortgage and sale of t-he Propert-y. If the breach is not cured on or befare the date specified in the notice, Lender at Lender's option uuty declare a1i of the aunts secured bF• this \lortgage to bt inunediately due and payable without further demand and may foreclose this 3ortgage by judicial proceeding. Lender shall he entitled to collect in such proceeding all expenses of foreclosure. including, but not limited to, costs of docuutentan• evidence, abstracts and title reports. 1@. Hoaoweis Sight to Reinstate. ~ottvithshuxiiug Lemier's acceleration of the -stuns scoured by this Mortgage, Borrower shall have the riglit to have any proceedings begun by Lender to enforce this Mortgage dis- continued at any time prior to entry of a judgment tnioroing tl+is \lortgage iL• tai Borrower pays Lender ail stuns which would be then due under this Martgaf;e, the Nate and dotes securint; Future Advttnect, if any, had no acceleration aecureed; (hj Borrower tutee all breathe. of ant- other covenants or =tgreemtnts of Borrower con- tained in this Mortgage; fc) Borrower pays all reasonable expenses incurred h}• Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in enforcing Lender's remedies :ts proviticd in para- graph i8 hereof, including, but not limited to, reasotiahle attorney's fee,; and idl Harrower takes such action as Lrader may reasonably require to assure that- the lien of this }lortgage, Lender's interest in the Prolx:rty and Borrower's obligation to pay the sums secured by this \Sortga:;e shall continue unimpaired. I.`lu5n such payment sad cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and etlect ss if n0 aCEeleFattOa. had OCCllFFed. 2Q. Awn! of Rrafaa Appointment of Receiver; Lender in Possession. :1s additional security here- under, BorFOwer hereby assigns to bonder the rents of the Properly. provided that Borrower shalt, prier to arceier- 'atian under paragraph 1$ hereof or abautionntent of the Prolerty, have the right to collect xnd retain such rents as tkey lt~aaotnp due and payable. Lpaa stxeleratron under paragraph 16 nemoi or abandonment of the Propet•ttr, Lender. in izerson, by a(;e=tti car ley ~idieielly appointed re~iver_sltaY Fie eFtti8l~d =„ t=rtor :.tpr~r+, take 170=.~•-a-sio;; of zcnd u:ateag= tl.<~ Prc,perp• apd to collect the rents of tlae Yzoperty, inelucting tiaose past duc..111 t•i-nts coiiectrsf in' i.ender or the lee.=ivtr shall b+~ applied first to psyruent of the earls of tnanagernent of the= 1'ropcrtp anal roilcctian of rco+s. m~: iudin);. Inc pat limit~l te, receiver`s fees, prerntast!'.r; ot; rcu•eit•tr`s_ heed- art+i ~otzs+ataahle sttu+atev`s fee>~ a,mi tl+cu t+~ the ~nu;~ SCaliTed 13y t.lua ~'lart{{8}+,f',. I,ctldrr anti the r4•Ci`a ceC ~hnii 1.,• 'u+1,t? ?+~, :4~~ ttuYtt oz*.1~- 5,~r a1~,ta ra~Nk ~tt•t !ta is rrrrt c`e'~i