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'not extends r'rt° iluvir~etlN-,rne t-toe title d2tt.~e ~rf tier usu.aratisl} .+„ tl'ratuFt _r .e•Yr.rtr!i tirj Goa l.•airag;raph~r i and 2 kyereof ar change elks a!unotrnt of st.tt h i!nstallrna ~~ts.. lt).. Rori'owerNot Reldased. I^xtension of t!he tiutur> far tAa,.Tn;ert or tnt~di;fua°at?crr¢ rsf arnort.ixatSon of the Burns sc~cui^ed fry; tlhis '~,3b'inrtgagc graniesi tt}' Lender to a3n}• t¢tri^tssor ~9n intertsfl: r;irf $~orrnwr,r ~~sl!aa11 clot operate try release, in fart' rnienner,'the lialsili~ty of tttc crorigirral Bou~rower a~~ad Bvtrower~„ is~u>rwssiorcs in ~imr~t~eirzs~t. Le,ntler shall not 'be ~` required to commence proceedings against. such successor or refuse to extend time for pa}•ment or otherwise modify amortization of the sums secured try this Morigage ire reasar: o= an=: demanr+ merle by ttre vrigina? Borrower and ~-•-! Borrower's successors in interest. '.>2 11. Forbeararnce by Lender Not a Waiver, Any forbearance by Lender in exercising any right or remedy ~ hereunder, or otherwise afforded by applicable law, shall not tee a waiver of or preclude the exercise of any right ~ or remedy hereunder. The procurement of insurance or fire pa}•meat of taxes or other liens or charges by Lender shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this 1S3ortgage. 1 12. Remedies Cumulative. Ail remedies provided in this Mortgage are distinct and cumulative to any other ~ right ar remedy under this \iortgage or afforded by law m• cyuitc. and may br• exercised concurrently, independ- ~ entry or successively. I3. Successors and Assigns Horsed; Joint and Several Liability; Captions. The cotenants and agreements herein contained shall bind, and the rights hereunder shat! inure to. the respective successors and assigns of Lender and Borrower, subject to the provisions of paragraph 17 Irerenf. All covenants and agreements of Borrower shall - be joint and several. The captions and headings of the paragraphs of this Mortgage are for convenience cn[y and are not to be used to interpret or define the provisions hereof. 14. Notice. Any notice *.o Borrower provided for in this .Mortgage shall br gicen by mailing such notice by certified mail addressed to Borrower at the Property Address stated below. except for any notice required under paragraph IS hereof to be given to Borrower in the manner prose. ibed by applicable law. An}- notice provided for in this 3lartgage shall he deemed to have been gicen to Borrower n-hen gicen in the manner designated herein. 15. Uniform Mortgage; Governing Law; Severability. "1`his form of mortgage combines uniform covenants for national use and non-uniforru covenants with iimitect +ariations fry jurisdiction io consiitute a uniform secu- rity instrument covering real property. This \Iort.gage shall be governed by the law of the jurisdiction in which the Property is located. In the event that any provision or clause of this Mortgage or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Mortgage or the Note 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. 15. 3aro;rer's Logy. Borrower shill br furnhed a conformed coot' of this Mortgage st the time of execu- tion or after recordation. hereof. 17. Transfer of the Property; Assumption. If all or any part of the Propert}• or sn interest therein is sold or transferred by Borrower without Lender's prior written consent, excluding tat the creation of a lien or encum- brance subordinate to this Mortgage. tb) the creation of a purchase money security interest for household appli- ances, (c) a transfer by devise, descent or by operation of lan• upon the death of a joint tenant or id) the grant of any leasehold interest of three years or less not containing an option to purchase.. Lender may. at Lender's option, d~lare all the sums secured by this *4or?gage to be im:rcdiatcly due and payable. Lender sh aft have waived such option to accelerate if, prior to the :.ale or transfer, Lender and the pr-!•:un to a•hnn, the Propert.v is t3 be sold or transferred reach agreement in writing that the credit of such person is satisfactory to Lender and that the interest payable on the sums secured by this .lortgage shall be at such rate as Lender shall request. li Lender has waived the option to accelerate provided in this paragraph 17 and if Borro+ver•s successor in interest has executed a writ- ten assumption agreement accepted id writing by Lender, Lender shall release Borrower from all obligations under this Mortgage and the Note. If Lender exercises such option to accelerate, Lender shall trail Horrower notice of acceleration in accordance with paragraph 14 hereof. finch notice shall provide a period of not- less than 30 days from the date t-he notice is mailed within which Borrower may pay the sums declared due. li Borrower fait= to }ray such sums prior to the expiration of such period, Lender may, without further notice ur demand un Borrower, invoke any remedies per- rnitted by paragraph 18 hereof. \otr-I?*t~oxst (_'ovFxaxTS. Borrower and Lender furt.ier covenant and a#;ree a. folluws 18. Acceleration; Remedies. Except- as hrc+i{test is {~ara; ra{~It I7 hcre~~f. ~;x_sn Bnrmwer`s breach of any covenant or agreement of Borrower in this ~lortgagc, inrhuiing the covenants to p:n• when dun any sums secured by this 3fortgage, Lender prior to xc•cclc=ration shall ,nail ^oticc to Borro++cr u~ provided u: paragraph 14 hereof specifying: ti) the breach: r2) the action required to cure such breach; t3)~ a date, not less thin thirty days from the date the notice is untileri to Bon•owcr. by which such preach unst h:~ earn=d; ;tnd +4i that ftttill rr in corn such breach on or before the date specified ir. the notice may result in acceleration of the stuns secured by this 3iortgage and sale of the Property. If the breach is not cured on ot• befot•c the date specified in the not-ice, Lender at Lender's option may declare a?? vi the sums secured ley this \lortgagr to be immediately due and payable without further demand and coat' foreclose this \tortgagc by judicial proceeding. Lender shall he entitled to collect in such proceeding all expenses of foreclosure, including, but oat limited to. costs of documentary evidence, abstracts and title reports. 19. Botrrow®rs Right to Reinstate. Nntnithstanding Lender's acceleration of the Burns secured by this Mortgage, Borrower shall have the right to have any proceedings begun by Lender to ruforrc this Mortgage dis- continued at any time prior to entry of a judgment enforcing this Mortgage ifs loll Borrower pays bender atl sums which would be then due under this ~Iortgsgc, the Note and notes securing Future .advances, if any, had no acceleration occurred; (h) Borrower cure: ail breaches of any other covenants or agreements of Borrower con- tained in this hiertgage; (c) Borrower paps alt reasonable expenses incurred by Lender in rnforring the covenan~4 and agreements of Borrower contained in this Mortgage :end in enforcing Lcncier's remedies as provided in para- graph lf3 hereof, including, but not limited to, reasonable attorney's 1'ces: and rril Borrower takes such ssction as Lender may reasonably require to assure that the lien of this ifortgxge, Lender's interest in floe Property and $orrower's obligation to pay the sums secured by this \iortgxge shill continue unimpaired. tipon such paynreui and cure by $orrowen, this :t'Ivrtgage and the obligations securcxl hereb}• shall remain in full force xnd effect as if no acceleration had occurred. 3f1. Asaige~tstxt of Rsata; Aypoiatmeat of Roeeiver; Lender in Possession. As additionat securit}• here- under, $vrrotier hereby assigns to Lene~er the refits of-the Propert}•, provided that Borrower shall, prior to acceler- • orlon under paragraph 18 hereof or abandonment of the Property, have the right to collect and retain such rents ~ they becoine due and payable. Upon acceleration under paragraph i8 hereof or abandonment of the Yroper•iy, Lender, in person, by ageni or by iudicially appointed receiver shalt be entiilecl to enter upon, take Possession of xnd manage the Property and to collect the rents of the Property, ineludmg those past due. A!1 rents collected by Lender or the receiver shall be applied first to payment of the costa of managcmeni of the Property and collcrtion of rents, including, hui not limited to, receiver'a fees, premiums nn receiver's bonr{s and rexsonahie attorney's lees. anti then to the stuns secured by this Mortgage. Ixnder and the receiver shill be liable to account nnh• for those rr=••ts actually received.