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not extend or postpone the due date of the :uonthl}• installments referred to in paragraphs i and 2 hereof or
<br />change the amount. of such irstalhnent€.
<br />19. Borrower Not Released. )/xtension of the time for payment m• modification of znrortization of the sums
<br />secured by this Mortgage granted by Lender to am• successor in interest of Borrower shall not operate to release,
<br />in any manner, the liatrilitr of the original Horrower and horraryer's suecFSsars ir. interest. Lender shalt not be
<br />required to commence proceedings against such successor or refuse is extend time for payment or otherwise modify
<br />amortization of the sums secured by this \lortgage hy.reasou u[ an}- demand made by the original Borrower snd
<br />Borrower's successors in interest.
<br />11. Forbearance by Leader Not a Waiver, .any farbearaucc by Lender in exercising any right or remedy
<br />hereunder, or othernise afforded by applicable ia~r, shall eat he a ~cai:~er of or preclude the exercise of any right
<br />or remedy hereunder. The procurement of insurance or the paynreni of taxes or other liens or charges by Lender
<br />shall not be a waiver of Lenders right to accelerate the maturity of the indebtedness secured b}• this ]lortgage.
<br />13. Remedief Cumulative. All remedies nrovided in ±his Mortgage arc distinct and cumulative to any ather
<br />right. or remedy under this Mortgage or afforded by ia~z or rquin•, and may br exercised concurrently. indeFand-
<br />ently or succe•~siveIy.
<br />~ 13. cuecessors and Assigns Bound: Joint and Several Liability; Captions. The covenants and agreements
<br />~= herein contained shall bind, and the rights hereunder shall inure to, fire respectiec successors and assigns of Lender
<br />~ and Borrower, subject to the provisions of paragr::ph 1; hereof. ~}I rocenants and agreements of Borrower shalt
<br />' be joint and several. The esptions and hcadinos of rue paraertpirs of this \fortgaee are for convenience onh• snd
<br />are not tv be used to interpret. or define the }provisions hereof.
<br />~ 14. NoSee. any notice to Borrower proridrd for in this Alortgage shat] be given by ntsiling such native by
<br />` certified mail addressed 20 Borrower st rue Yropern Address culled hekxv. c~cept flu' am notice required under
<br />~ paragraph I8 hereoi to tre gn•eu to Borrot:-er is cite manucr prescribed by applicable Isw. Any notice provided
<br />~ for in this Mortgage shall be deemed to have been giver, to Borrocrer when riven m dte manner designated herein.
<br />15. tTniform Mortgage: Governing Law; Severability. 'I'bis form of mertgsge combiner uniform covenants
<br />fnr national use and non-uniform eorenants with Iimited •rariatiors h} iurisdietimt to constitute a uniform secu-
<br />rity instrument covering real propert}•. This Mortgage shah be goyerne<i be the late of the jurisdiction in which
<br />the Property is located. In the event that any provision or clause at this \fortgago or lire \Tote rnIrflirts with
<br />applicable law, such couilici shall not affect other }u'avisions of this Mortgage or the \ote which can be given
<br />effect without. the conflicting provision. and to this end the provisions of the _]lortgage and the Vote are declared
<br />io be severable.
<br />lfi. Borrower's Copy. Borrower shall he furnished a coy:formed copy of chi: \lortgage at the time of execu-
<br />iian or after r~ecordatior. hereof.
<br />17. ?ransfer of the Property; Assumption. It all or am- part of the Property or an interest therein is sold
<br />or transferred by Borrower wit'rout Lenders prior written consen*. excluding (al the creation of a lien or envum-
<br />trrance subordinate ~o this \lortgage. r b r the creation of a purchase money security interest for household appli-
<br />ane~, (c} a transfer by devise, descent or by operation of law- upon the death of a joim fensnt or ill the grant. of
<br />any leasehold interest a2 three years or less not containiu~ an option in purchase. Lender may, at Lender's option,
<br />declare aII the sums secured by this yfartgaee to br in~medistet•• •' , .,,-,d poi cable. i,enrier shalt have waived such
<br />vptian io acce}vrate ii, prior to rite sale or transfer, Lender and the person to whom the Property is to be sa}d or
<br />transferred reach agreement in writing that the c-edit of such pet~on is satisfacton- to Lender and that the interest
<br />payable an the sums secured by this \lortgage ;hall br ai such rate ss Lender shall request. Ii Lender has waived
<br />the option to arce}erate provided in this paragraph t; and if Borrower's successor in interest has executed a writ-
<br />ten assumption agreement accepted in writing by Lender, Lender ,ball release Borrower from all obligations under
<br />this Mortgage and the \ote.
<br />)d Lender exercises such option to aceeierate, Lender shall mail Harrower notice of acceleration in accordance
<br />w•itlr psragranlr 1§ hereoi_ 8u.~r notice shall provide a l,eriaci of rot less than 3t~ clays fmnr tiro date the notice is
<br />mailed within whivh Borrower Tray pay the sinus declared due. Ii Borrower fails to par such suers prior to the
<br />expiration oz such period, Lender may. n'ithout iuttl:rr notice or demand on Horrawer. invoke any remedies per-
<br />mitted by paragraph 18 hereof.
<br />dos-I'r:trnx;u ('orea~sr~. Bat•roc,er and Lender, further cnrenant anti a-gree as follow::
<br />I&, Acceieratioa; Remedies, r>.rept ss l+rerde,1 in usraCnu,l, 1" hereoi. ~.pott Borrower's breach of am
<br />covenant or agreement of Bor..*awer in ti,is ~iurtgage, iuch:ding nc~ covenants to l,sy ccher+, due anc .unrs securer]
<br />by this 1lortgage. Lrnd._•r hrtar to acceleration hail noel] nut ice to Harrurvr-r a, l+ruti xled to paragraph t~ hereof
<br />specifying: vll the hreacit; +?, the action nyuireri to yore ~ucit preach: ,31 ;, +iate-- not les> than thirh: daces
<br />from the date the native i> mailed to Hurro:ver, Ly which snc•L lararh roust be ruriyl: an,l ~d± that foible, to cure
<br />curb breach on or before the date spectned iu the notice ntsy result in aecclr•ratiun vi the ~uun secured be thts
<br />\ia_*tgage and sale ai the PmlWrty. I* the breach is not cared or, car i±efcre the date specified in the notice, Lender
<br />at Lenders option may declare all of the sonic scrrtre,i by chi. ~iartg»g_ to hc• ittune~listeiy due and Irsyab le
<br />without further demand and tnay foreclose this Mortgage by judicial lrmceeding- I~•nder si.a11 be entitierl to coilert
<br />in such t.roceedirg all exl~zn<es ai ,•'onti-Iosurc. tttclu,lit;g- bur not lituitcd zc. runts of docunu°niary evidence,
<br />abstracts and Lit}e report=. -
<br />i8. Bo~ower'f Hight to Reinftaie, \a;withranriing i_ender's acceierai;nr, of the gun,. _rurr.d by [.Iris
<br />'vfartgage, Borrower shall have the right to have any proceeding. }return In- Ixnder to enforrc this: \tor4gage di:-
<br />continued at any Lime prior to entn• of a judgment enforcing this ~IortFage if: tat Borrower pays Lender all
<br />srmrs which would he then due under this Mortgage, thr \ote and note- sc•euriug Future Advance-, if any. had no
<br />aeceieratitrn occurred; ibl Borrower cures all brear•hr" at any other covcnanu or aen•.~menrs ni Rnrrow ar rnn_
<br />isr rn ttris Mortgage; set Harrower pays all reasonsi+h• rxlrenses inrttrri~i h} Lender in enforcing the covenants
<br />and age+eetarerrts of Bormaer contained in this '.inrtgagc and is emfarring Lender's rrntedies a.~ procideci in parr-
<br />graph IB hereof, including, but not limited to, r<asor,al;le attarncy's tee>::utd +d+ Harrower takes such action as
<br />Leader .may reasonably require is azure t-bat the lien of Nos \tottgai;c• Lenders interest in the Property and
<br />$orrowet~ abligatian to pay the sums secured by tt,is Mortgagr -hall cantitmr unina',aireri- IIpou such payment
<br />and cure by Borrower, this Mortgage and the obligationx soured hereby shall remain in full tome and effect :rs ii
<br />no aceeleratian had occurred.
<br />44. of Hants: 1lppaiatraeat of Heeeivu; Leader is Paffeffioa. .~; additional securih• hcre-
<br />utuier,Borrower hereby assigns to Leader the rents of thr Property. proyideri that Borrower shall, prior to seceler-
<br />atioa ender paragraph 1B hereof or abandonment of the Property, have the right to collevt and retain such rents
<br />as they Ireeernre due sad payable.
<br />IIpoa atxeleration-under paragraph ill hereof or abandonment of the Property, Lender. in person, by agent
<br />or by jttdieiaily appointed receiversha[} Ire entiNed to enter upon, take possession of and manage the Pralrcrty
<br />aaQ-to collect the rents of the Property, inc:.raing those past due.:All rents rotieeted by Lender or rho receiver
<br />shflibeapptiedfirst~paynrerrtof tka2o~=a naanagernznt of tFe Prarpc;rt~• and r-oll:~rtion ni rent;. including, hui
<br />not limited to, receiver's fees, Irremiunts on receiver`s bon+1= :uxi reasonahlr :tttorney's for:=. awl then to the sums
<br />secured by this 14loctgage. bender and the reeeirer shall ho 11Slisle to riecount only inr tha.r• renter artunllc n•ceived.
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