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^at extend ur postpone the due date of the monthly instalhnenis referred to in paragraphs 1 and 2 hereof ar
<br />rhsnge the ameunt of such installments.
<br />10. Bosower Nct Released. Extension of the Bute for 1;a}•ment or modification of amortizatior. of the sums
<br />secured by this Mortgage granted by bender to anv =ucceesor iu interest of Borrower shall not operate to release.
<br />in any manner, the lisbi!ih- of the original Borrower uttd I3orrouor's ntceessors in interest. Lender shall not be
<br />required to commence proceedings against such successor or refusa to extend time for payment or otherwise modify
<br />amortization of the sums secured by this \Iortgagc by-reason of anv demand made by the original Borrower and
<br />Borrower's successors in ints.cst.
<br />I1. Forbearance by Lender Not a Vdaiver. :1ny forbearance by Lender in exercising any right or remedy
<br />~ hereunder, or otherwise afforded by applicable 'ate. shall !mt be a teaiver of or preclude the exercise of any right
<br />~ or remeri}- hereunder. The procurement of insurance ar the Ira}'ment of taxes or atiter liens or charges by Lender
<br />' shall not be a waiver of Lender's right to accelerate t?tc matuniv of the indebtedness secured ]r}- this .lortgage.
<br />~= 12. Remedies Cumulative. All remedies provided in this \lortgage are distinct and cumulative to any other
<br />~ right or remedy under this \Iortgagc m• afforded he lain or equity. and may he exercised concurrently, independ-
<br />_ curly or successively.
<br />t3, fittccessors and Assigns Bot:nd: Ioint and Several Liability: Captions. The covenants and agreements
<br />herein contained shall bind, and the rights hereunder shalt inure. to: rite respective successors and assigns of Lender
<br />• and Borrower, :subject to the provisions of paragraph i" hereof. Ali f•ovet,ants and sgreentents of Borrower shall
<br />~ be joint and several. The cap[ions and headings of the paragraphs of this \lortgage arc for con's enienee only and
<br />r are net to be used to interpret or define the prov-isioas hereof.
<br />14. Notice. Any notice to Borrower pmrided fur m this Aior[gage shs]! be given try nt~_iling such notice be
<br />certified mail addreced to Borrower at the Property .~ddress stated 6clow, except fm' any entice required under
<br />parnnraph I$ hereof to be given to Borrower in the manner prescribed be applicable tau-. Inc notice Iuo•,;ided
<br />far in this \lortgage shall be deemed to hays been giyen to Borrower whin giyen in the manr:er designated herein.
<br />15, Uniform Mortgage: Czovem~g Law; Severability. 'I'bis funtt of tuortgage combine. uniform covennnts
<br />for national use and non-aniiorm covenants with limited rnriations by j+*rsdictiott : constitute a uniform secu-
<br />city instrument covering real property. This \Iortgagc shalt he governed by the taw of the jurisdiction in which
<br />the Pmperrv is looted. In the event that an}• pruvisian ar clause of this \lortgage or the \ote conflicts with
<br />applicable law, stteh conflict shah not affect other ~~rot isions ui this \Iortgsge or the \ote which ear: be given
<br />effect without rite conflicting provision. and to this ctci rite ~?royisions of [he \Icrtgage and the \Tote are declared
<br />to be severable.
<br />1fi. Boaowez's Copy. Bor.-ou•er shall be furnished a coniorn;ed copy of this \lortgage at the time of execu-
<br />tion or after recordation hereof.
<br />17. Transfer of t}se Property; Assumption. If all or any j==art ui ttie Property or an interest therein is sold
<br />or transferred by Borrower without: Lender's prior v,-rit[ert consent. excluding tat the crestion of a lien or encum-
<br />brance subordinate to this \lortgage, tbt the crestion ai a purchase mane}- securit}• interest for itousehoid appli-
<br />ances, t.cj a transfer bt• devise, descent or by operation. of law upon the death of a joint tenant or td) the grant of
<br />any leaseho?d Lnterest of three teas or 3e~s not containing aft option m purchase. Lender ma}•_ at Lender's option.
<br />veciare ail the sums Bete.-ed by this Mortgage *.o i,e lt;l*ne;iiatelr ,iue and nayabie. 1_inder shall have waived such
<br />option ~ accelerate if, prior to flee sale or transfer. Lender sncJ the person to wllont the Proper[r is to be sold or
<br />transferred reach agreement in writing that the cn~iit of Buell person is satisiactor}- to Lender and that the interest
<br />payable on the sums secured h}• this \Iortgagc shalt bc• :tt such rate as Lender sisail request. Ii Lender has waived
<br />the option to accelerate p,•ovided in this paragrvit J ~ and if Borrower's successor in interest has executed s writ-
<br />ten assumption agreement sempt°d in n'riting i,v Lender. Lender shall release Borrower from all obligations under
<br />chi ':Mortgage and the Vote.
<br />If Lender exercise; such option to accelerate. Lender shat! mat; Borrower notice of acceleration in accordance
<br />witti psr~rach 1~ heraf- Such notice shall proyide a peritv3 of not ices that. 30 days from the date the notice is
<br />mailed within which Borrower may pay the sums deeiured dec. If Borrower isii> to ;ear such sums prior to the
<br />ertoiration of suc?t period. Lender may. •.+itirnut ittnhcr :;oticc nr de;nand ort Borrower, tn~uke au}• remedies per-
<br />mit~ed by paragraph lf3ltereci_
<br />\~,w-1'x:FOtty C'~,t-€vs~~s. Bot•a•oit~c•r :;fret Lendr-r frn•i_1tt-r etrvcttant and x,Yrt>e= :3ti folff~te=:
<br />18. Ac=eleration;Remedies. Ex<<;~t as I,rnli,t.,; it::gal:;gr:y,l~ 1: L,rccti. upon I;nrrowe;:: hr,•scit of anv
<br />covenant or agreement o' Barrowf•r iu t1u- Aturtg:+t,. tn.°lu~t;ae? t!n~ eoreraut- to hat wizen dcc~ stn ,outs secured
<br />by this 11aYgage, Lender nriot to acceJt:atx:r; -hall taail nottre t,• £,orruw,•r :. ;,;oynio,i in rs,ragr;rizh 14 hereof
<br />spetifring: U) the breath: i?t the netaon n-yutred to rare cucll !:resell, !3i~~a ,istc. not 1t•s, than tJ,irtr days
<br />inrm the date tlx notic•c i•- ;star°:f to 13orrc+•.+er. ?n ~.._.... >tas i, ~+n°u i::u,,,t ':.< < ur,~i isn,i ~ 4+ flea taiiurc to cure
<br />,uch breach an or 'before the da2c ~pert;eci nr the ;xnn•e al~Y}- rr~ult la acciJrra[ton of th,• -ant>~ ~eeure,i by this
<br />lortgage anv sale i.: the I'ra1~•*ty. It fief- ..-ra!•.... n,:t ce.-,... ur: _ . i+rs:t,re ?':~ ]a?,• =peciflciJ .-. floe notice. Lender
<br />at Lender's oetior. pray deciam sli rr ii:,y ~,_.. -t~c~srti i:} ti,:, Morttst;c to 3k• n.rn,r.iiatr•}v due std payable
<br />vvithau#iurtherdenrsnr! xnd rear i3;~~r;;z-<• =.1~_. y.7.;nn,_~~ i, cclcisl nror~edin_ Lrnde~r ~i,s':1 }u• +•nti2led to collect
<br />,n .a-eh I,-c~~ing al] ,~;.:• r. [. ,.c:v s- :.....,.:..t. ., :1,, :.:..-_._ t~ _;t~,_>i ~ir~utncntar}- e:•idence,
<br />abstracts and title reports.
<br />39. Barrott-~'s >1b41tf to Reiaatat:- ~Utxtti>-tartaitr.;: I.cnder'~ ac•crJeraticat of the ,ant, secured by this
<br />Mortgai~,Borrower chaff bare tltc• tiger tc ita.r any nrcecfKfing~ iteeur. i,}- l.,•t~,ier to errfotr:• this Mortgage dis-
<br />continuezl at anv tune prior to entn• of a , :.is;<nent rnfat-f-in;t ttn~ \it,ngage rf <a, Borrower pars Lender a!1
<br />sums whielr would be then due m~rder this 'rlnrteat;c 't;+° tint.. ;:nil notr::e•curinc 1'~utun .a,ivane<~. it any, had no
<br />aectlt*s*ion occurred: ibl Borroner rare- ai + _ra, i:cam :.:..::, ,,t?ter ; _. ::ant- ~r :=~trcn~crt- of Borrower ran-
<br />taiaed in this "•fortRage; tat $orrovicerpsiy- ai} :-us.znsbs,- e~t,rnK? uu•urred h: I-ender ur .~niorrmg the e•oyenams
<br />and $~retments of Borrovc•cr contained in tl:i \fartr•aur anti iu cult+?-:n:; l.t•nd.r', rrmeciie~ as I,rovifled in para-
<br />graph 18 hereof, including, hui not iirnitcci tv, trsKrnal,k' :;t.ot~ci•~s it-r~-. an~i +ri! }3orrawrr takes wch actuur as
<br />header may r±•asoa,ably require to aeatue that the lien of thi> Mt:r~g.:gc, bettdcrs intent i^ the Prol3ert}~ and
<br />I3arrcnvera obligation to pay flee Burns secured by chi- Slongas;e rhaiJ conruru,• unin,patn.KJ. I:pon such pavment
<br />ate curt b}€ 8arrosei, t3»a'.+4ortggge and the abligationr secumJ herrt,r =hall mmain in full iot•ce and effect as if
<br />no a had aeturtetl.
<br />90. It~moaata at[ BaKr t d Rsueives: lender Sa Po~eatricn. .~~ additional security here-
<br />' under, Borrower l~nt~ asai~ns W laitder the rent..., of the Property. proridtfi that Borrower shall, prier to acceler-
<br />s4t~ under ~ragrapA i$ hereof or abaudantnett# of floe Prot>'erty, trace the= right to eoileei and retain such rents
<br />~ tlmg beetxnt dtte and. pt-psbie.
<br />Upaa aectle*akimr under psrah 1$ hereof or shanc9ontnent of flee Proprn}-. bender, in person, by agent
<br />or by judicially appointed receiver shall he entitled to enter uJron. take posse=stun of o-cnd manage t}te Prolxrt}•
<br />and to colfert the rents of trot Property, including those ;,act duc.:><il rent: ^olJertr•.i t,y bencJer ar th,~ receiver
<br />Sl3ai1 :i2 r t E ~t . ''-:€ P ~`Ft t' ant. =.,~1<•. ~;crs• .;1 •. .,. _...:f'![l:im-,^,. 1):11
<br />apy==`vd `~`~ w 1',ayia'~: ut Gr r'ae 2c~t$ ~sriat^@,:-~.i Gs' rt.}
<br />not limited to, tecetver'a ftes, preruiums rn rrceiver'x bnnds and reasonable stu,t~n;-y':: iec.:,n~i then to the -outs
<br />sceured by this'tlortgage. Leader and the t•eceiyer.shail be list:le to af•eount ,tnh fur t1.u~c rent ,:~ tuaJly n•reit rd.
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