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~," naG ex'ten.d or lact;tpone the due date of the *,at,osetf,ik .!"~~talrsa<.!;'. r~Fienr*i to ir. para~maph~= 7 and 2 hereof or change thr; amount of such instalktsteats. 10. Borrower Not Released ;Extension or' fire Bute £or grayment ar tnodificatien ai amortization of the sums secured by ibis Mortgage graretevi by ?.envier to any r!~ressor in interest o: Borrower s't;ail not operate to release. in any manner, the IiabiIity of the original Borrow-e!• at;d Bon•o;ver'< successors in interest. bender shall not be requited to commence proceedings against such successor or refuse to Extend Lime far payment or otherw n2 modify amortization of the sums secured by thi_ Mortgage 2n• rcasau of any demand made bc• the original Borrower and Borrower's successors in interest. 11. Forbearratce by Lender Not a Waiver. Any forbearance Irv Lender ir. exercising any right or remedy hereundeq or otherwise afforded by applicable lai;, shall rot be a waiver of or prec}ude the exercise of any right or remedy hereunder. The procurement of insurance or the payment of faxes 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 _liortgage. 12. Remedies Cumulative. All remedies pro;9ded in this Mortgage are distinct and cumulative to any other ~ right or remedy under this lIortgage or afforded by law or equity. snd may he exercised concurrently, independ- ~ entry or successively. ~ 13. Successors sad Assigns Bound: Joint and Several Liability; Captions. The covenants snd agreements ~ herein contained shall bind, and the rights hereunder shall Loom to. the respertivc successors and as.;igns of Lender and Borrower, subject to the provisions of paragraph 1; hereof. Ail covenants and agreements of Borrower ehsll ~` be joint rind several. The captions and headings of the paragr.+phs of this \[origage arc far convenience only and are not to be used to interpret or define the provisions i!ereof. ~ 14. Notice. Any notice to Borrower provided fm• in thi. Mortgage shall be liven by mailing such notice by ~, certified mail addressed to Bw•rower at the Property Address stated below, except for any notice required under paragraph 1S hereof to be given to Borrower in the manner prescribed by applicable law-. any notice provided for in this \iortgage shall be deemed to Lave been giveu to Borrower when given in the manner designated herein. 15. Uniform Mortgage; Governing Law: Severability. This form of mortgage combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform secu- rity instrument covering real propertc. This \iortgage shall be governed by the law of the jurisdiction in which the Property is located. In the event that any provision m• clause of this Mortgage or the Note conflicts with applicable law, such conflict. shall net 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 ~lortgsge and the Note are declared to be severable. 19. Borrower's Copy. Borrower shall he furnished a conformed copy of this Mortgage at the time of execu- tion or after recordation hereof. 17. Transfer of the Property; Assumption. If all or any part of the Property or an interest therein is sold or transferred by Borrower without Lenders prior written consent. excluding (a) the creation of a lien or encum- brance subordinate to this Mortgage, (b) the creation of a purchase money security interest for household appli- ances, (c) a transfer by devise, descent or h}• operation of law upon the death of a joint tenant or (d) the grant of any leasehold interest of three years or less not containing an option to purchase, Lender may. at Lender's option, declare all the sums secured by this Mortgage to be immediately due and payable. Lender shall have waived such option to accelerate if, prior to the sale or transfer, lender and fire person to whom the Property is to be sold or transferred mach agreement in tvritine that the credit of such person is satisfactory to Lender and that the interest payable on the sums secured by This \iortgage shall be ai such rate as Lender shall request. If Lender has waived the option to accelerate provided in this paragraph ii and if Borrower's successor in interest. has executed a writ- ten assumption agreement accepted in writing by Lender, Lender shall release Burrower from all obligations under this Mortgage and the Note. If Lender exercises such option to accelerate, Lender shall mat! Borrower notice of acceleration in aecotdance with paragraph 14 hereof. such notice shall provide a pericul of net less than 30 days item the date the notice is mailed within which Borrower inay pay the sums declared due. It Barrotver fails to pay such sums prior tv the expiration of such period, Lender may. without further notice a• demand ou Borrower, invoke any remedies per- mitted by paragraph 18 hereof. \'ox-L.rxt~•onnt ('ovgiv a:c•rs. Borrower and Lender t'urther caul uant and a„rec as Foilow•s lit. Acceleration; Remedies. Except as,prat irled in pat.ngraph 1 i hcreoi, upon Borrower's breach of any covenant or agreement of Borrower in this \iortgage, including the covenants to pay when due anc sums secured by this \iortgage, Lender prior to aceelerntian shall mail notice to Borron'cr as provivicd in paragraph 1•t hereof specifying: (11 the breach; 121 the action required to care such hresch; r31 a date. not le-~ than thirty days Crom the date the notice is mailed to I3on•onrr, b}• n•hich such In•ctch must be cured; and a4t that failure to cure such breach on or before the date specified in the notice may result in acceleration of the sums secured by this Mortgage and sale of the Property. If the breach is not cured m: or hefmr the date specified in the notice, Lender at Lender's option may declare all of the sums secured by this \iortgage to be inuncvliaich• due env{ payable without further demand and may toreclose this Mortgage 6v judicial proceeding. Lender shall he entitled to collect in such proceeding all expenses of foreclosure, inchuliug, but not limited to, costs of documenU+r}• evidence, abstracts and title reports. 19. Borrowers Right to Reinstate. Notwithstanding Leuder's acceleration of the awns secured by this Mortgage, Borrower shall have the right to have any proceeding. begun by Lender u+ enforce this Mortgage dis- continued at any time prior to entry of a judgment enforcing this \iortgage it: tat Borrower pays Lender all sums which would be then due under this Mortgage, the Note and notes securing Future Advancer-, if any, had no acceleration occurred; (b) Borrower cures all breaches of any otlrer covenants or agreements of Borrower con- tained in this Mortgage; (c) Borrower pays all reasonable expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this 1lortgagc and in enforcing Lender`s remedies as provided in parn- graph 18 hereof, including, but not limited to, reasonable atiw•ney's fees; and +dt Borrower takes such action as Lender may reasonably require to assure that the lien of this ~tarigage, Lender's interest, in the Property and Borrower's obligation to pay the sums secured by this ::\iortgage shalt continue unimpaired. Upon such payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full fot•ce and effect as if no acceleration had occurred. 20. Asedgumont of Rents: Appointment of Receiver, Lender in Possession. As additional security here- under, Borrower hereby assigns to L••nder the rents of the Propern•. provided that Borrower shalt, prior to acceler- ation nhder paragraph 18 hereof or abandonment of the Property, have the right to collect and retain such rents as they become due and payable. Upoin acceleration under paragraph IS hereof or abandomnent of the Property, Lender. in person, by agent or by }udsciatiy appointed receiver shall he entitled to enter upon, take pos,~ession of and manage the Property sad to collect the rents of the Property, including those past due. All rents collected by Lender or the receiver shall be applied first to payment of the coats of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorney's fees. and then io the sums secured by this. Mortgage. Lender and the receiver shall he liable to account onl}• for these rents actualh• mceived.