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not extend or postpone the due daft of rise a~,nrnalsir :,,, ss'ir}.Ynt~ _ -, rrt:*i ;r ;, : aragraphs 7 anti 2 hereof or change the amount of such instalime~its. It). Borrower Not Released. Extension of the rir!;c for parruu~nt nr madifrcat-ion of amorz.iaatdon of the sums secured lay thss 3lortgage granted l,y I.entler ro auv s;.trcessor- ir; inter+•rt of Borrower sl:ail not operate to release, in any :Wanner, the liability of the original $orrottcr an~i Borron.cr"~ >uccesaors in interest. Lender shall pat be required to commence proceedings agains# suet; successor or refuse to extend rime for payment or otherwise modify amortization of the sums secured by this \lorgage 1st reaso;: o a;tg- demaricl made by #]te original $orrower and Borrower's successors in interest- II. Forbearance by Leader Not a Waive7. Any forbearance by Ixnder in exercising any right or remedy ~ hereunder, or otherwise afforded by applicable left, shah not he a +taiter ~f or preclude the exercise of any right `~ or remedy hereunder. The procurement of insurance ar rite l,a}-nrent of taxes or other liens or charges by Lender shall not be a waiver of Lender's nglrt to accelerate rlac n,aturiiy of tl;e indebtedness secured bt• this 'tortgage. 12. Remedies Cumulative. all remedies providedi in tttie Mortgsge arc distinct and cumulative to any other ~ right or remedy under this .lIortgagc: or afforrrd i.}- ia+t or rr{ui! ~-. and mar be exercised concurrently. independ- ently or successively. 13. Successors and Assigns Bound; Joint and Several L:abi&ty; Captions. 'T'he cotenants and agreements ~ herein contained shall bind, and the rights bereunder shall ir.urr to. the respertivr successors and assigns of Lender ~ and Borrower, subject to the provision< of h:,ragrtph is hereof .~li covenants an,i agreements of Borrower shall be joint and several The captions and headings of the 1,arsgra;,lt> ,tf this Afurtgae ;rte for com•enience only and are not to be used to interpret or define the provision= itereoi • 14. Notice. .any notice to Borrower provxicd fpr in [hr Mo~~ see shall he riven by mailing such notice br certified mail addressed to Borrot+-er at the Yroherty .addrrs~ st:ued below. rxcrht floc any rutice required tinder paragraph ]8 hereof to be given ro Bm-rotcer in the m;uuta~r ;nescnhed i,}• aphlicaLie I:ttr. :1ny notice provided for in this ~iortgagc shall he deemed to hate Bern given to Borrower .then giteu nt th+• manner designated herein. 15. Uniform Mortgage; Governing Law; Severability. 'T'his form of mortgage combines unifanu cotenants for national use snd non-uniform cotenauts with limited tariations h}• iurisdictiou to constitute a ur,iforni secu- rity instrutueni covering real propertt-. "Phis \(ortgsge shall hr governed b}• the law of the jurisdiction in which the Property is locsted. In the dent that :urv provision or clsuse of this \lortgage or the Note conflicts with applicable law, such conflict shall not affect other precisions 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. Borrower's Copy. Borrower shall be furnished a conformed copy of this ~iortyaGe at the time of execu- tion or after recotdatior- hereof. 17. Transfer of the Property; Assumption. If all or any hart of the Property or an interest therein is sold or transferred by Borrower without Lender's prim' written consent. excluding (a1 the creation of a lien or encum- brance subordinate to this \iortgage, tb) the creation of a purchase money security interest for household appli- ances, te) a transfer by devise, descent or by operation of lap- upon the death of a joint tenant or idl the grant of any leasehold interest of three years or less not containing an optimt to purchase, Lender rosy, at Lender's option, declare all the sums secured by this Mortgage to be immediately due and payable. Lender shall hate waived such option to accelerate if, prior to the sale or transfer, Lender and the person to whom the Property is to 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 sum, secured by this Mortgage ehali be at such rate as Lender shall request. If Lender leas waited the option to accelerate provided in this paragraph 17 and if Borrower's successor in interest has executed a writ- ten assumption agreement accepted in tenting by Lender, Lender shall release Borrower from all obligations under i.his Mortgage and the Nate. If Lender exercises such option to accelerate, Lender shall wail Borrower notice of acceleration iu accordance with paragraph I4 hereof. Suclt notice shalt provide a period of not less than 30 dsys from the data the notice is mailed within which Borrmver tray pat the emus declared due. If Borrower fails to hay such sums prior t-o the expiration of such period, Lender may. tcithout fut•ther uotice or druuuxl on Borrowrr, intoke env remedies per- sititted by paragraph i8 hereoi. ~rnzr-j~MIFCIR&i t'ov~;~ta:er,. Borrower anti Lender tltrtht=r cot'en:tut and ag'r'ee as fiillows Itl. Acceleration: Remedies. Except as pruchled in h;rragraph 17 her<xtf, upon Borrower's breach of any covenant or ttgreentent of Borrower in this Mortgage. inrlutiing the coveuattts to pay when due am sums secured by this Mortgage, Lender prior to acceleration shalt ^urfl potter to Borrowrr as htnrided in paragraph 1 } hereof specifying: fl) the breach; t2f the actimt required to cure such hrruch; t;31 a flare. uc[ less than thirty dais from the elate the notice is mailed to Bm•rmcrr. by w!nr•h such breach roust be cured; and i41 that failure to cure. such breach on or before the date specified iu the notice may result in acceletutiun of the sofas srrurrd bt this :Mortgage and sale of the Property. If the brraeh is not cured or: or before the date specified in the notice, Lender ttt Lender's option may declare all of the sums sectnrd Ly thi, AIortgagc robe inuucdiauly due and payable without further demand and tray foreclose this 1lortgagr by iudiciul proceeding- Lender shalt be entitled to collect in such proceeding all expenses of torc•closure. including, but not limited to costs of documentary evidence, abstracts and title reports. 19. Borrower's Right to Reiastato. lotwithstanding Lender's acceleratiou of the sums secured 6v this 14fortgage, Borrower shall have the right. to haco nut proceeding- begun by Lruder to rnfuree this Mortgage dis- continued at any time prior to entry of s judgntc•nt cnfoa•ring this Mortgage ii: Tut Borrower pays lender all sums which would be then due under this ~lortgagr, Uu \otc and notes securin* Future ,-~dvanc•es, it anr•, had no acceleration occurred; (b) Borrower cures rill hreuches of nm• other rotrnants or agrceutents of Borrower con- tained in this Moog 1_cl Lorrower pays all reasonable ,=xpc=n=es ineurrrd hE Ltndrr in ,Enforcing the covrnanty and agreements of Borrower contained in this Mortgage and in t=uftn•ring Lender'. remedies ns prodded in para- graph 18 hereof, including, but not limited to, reasonable attm•oey:~ fees::tnd idl Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage. Lender's interest in the Property and Borrower's obligation to pay the sums secured by this tlortgagr shall continue uttiptpaired. Upon such payment and cure by Borrower, this Mortgage and the obligation: secured hereby shall remain in full font and effect. as if na acceleration had occurred. ;RL Asslgaauat of Rsata; Appofataasat of Receiver; Leader in Possession. :1s additional security here- under, Borrower hereby a~igns to Lender the rents of the Property, pror•idcd that Borrower shall, prior to acceler- ation under paragraph 18 hereof or abandonment of the Property, hate the right to collect and retain such rents ss they becmne due and payable. Upon soeeletation under paragraph 18 hereof m• alNtndonment of the Property, Lender, in person, by agent or by judicially appointed receiver shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property, including those past due. all rants collected by Lender or the receiver e.Irall be applied fast to payment of the costs of management of ti;e Propasty and collcriion of gents, including, Lai not Limited to, receiver's fees, prentiutita vn mceiver's bands and reasonable sitornev's ices. ;rod then to the scans secured by thin Mortgage. Lender and the receiver shall 6r liable to account onh• for tiu>se rents artualh• received.