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<br />not extend or postpone the due date of 'the monthly installments referred to in paragraphs 1 and 2 hereof or
<br />change the amount of such instaihnents-
<br />10. Borrower Not Released. Extension of tht: time for payment or modification of amortization of the sums
<br />secured by this Mortgage granted by Lender to any successor in inierest of Borrower shall not operate to release,
<br />in any ;Wanner, the liability of the original Borrower and Borrower's successor; in interest. Lender shall not be
<br />required to comme ;ce proceedings against such successor or refuse to extend time for payment or otherwise modify
<br />amortisation of the sums secured by this Mortgage Ix' reason of any demand made Uy the original Borrower and
<br />Borrower's successors in interest..
<br />li. Forbearance by Lender Not a Waiver. Any forbearance by Lender ir, exercising any right or remedy
<br />hereunder, or ctherwise afforded by applicable. ]sn ,shall not be s tt-aiver of or preclude tits exercise of any right
<br />or remedy hereunder. Tire procurement of insurance or the payment of taxes or other liens or charges by Lender
<br />shall not 6e a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this Mortgage.
<br />I2. Remedies Cumulative. All remedies provided in this Mortgage are distinct. and cumulative to any other
<br />Q~ right or remedy under this ~Iort.gage or afforded by law or equity, and ]ns}- he exercised concurrently, independ-
<br />~+ entry or successively-.
<br />13. Successors sad Assigns Botutd; Joist and Sevetat Liability; Cagtions, The covenants and agreements
<br />~ herein contained shall bind, and the rights hereunder shall im7re ia. the respective successors and assigns of Lender
<br />~ sod Borrower, subject to i.he provisious of paragraph 17 hercci. All re.., sas ..nil strec:?lent; o' Bormtver shalt
<br />~ . be joint sod several. The r_apiions sod headings of the. paragraphs of this ~\lortgage are for ranvenience only and
<br />are not to be used to interpret. or define the provisious hereof.
<br />14. Notice. Anc notice to Borrower provided for in this \(ortgsge shalt he given he naffing such notice b}-
<br />'~ certified tnaii addressed to Burrower at the Property Address stated below. except for any notice required under
<br />~ paragraph I$ hereof to be given to Borrower in tic manner prescribed by applicable law. Any notice provided
<br />for in this \lortgage shall br deemed za have been given to Horrawer :when given in the ]Wanner designated herein.
<br />15. Uniform Mortgage; Governing Law; Severability. Ti7is form of mortgage combines uniforrn covenants
<br />for national use and non-uniform covenants :with limit<vi variations by iurisdiction to constitute a uniforni secu-
<br />rity instrument covering real property. This \lorgsge shall he governed by the tan- of the jurisdiction in which
<br />.fie n ~~ ~.. ~ 1^ °t@d I^. rho ... tlt° - , ~,y-; c;ru, ... rl~ - _.. thi. lIa n r the ~in_tn ~~„fli£t_s• ~.rit~h
<br />l.r... -...... *tgag..
<br />applicable law, such conflict shall, not aBect •ethrr provisions ci~this Mortgage or theV!Fote which can be given
<br />efieci without the conflicting provision, and to this end the provisimis of the \lortgage and the Alate are declared
<br />to be severable.
<br />16. Borrower's Cogy. Borrower alts]] be furnishe(i a conlornted copy of this \lortgage at the time of execu-
<br />tion or after recordation hereof.
<br />19. Yraasfer of the Property; Assumpt:oa. Ii all err any parr of the Property err an interest therein is sold
<br />or transferred by Borrower without Lender-; prior w'rirrr. consent. excluding ±al the creation of a lien or encum-
<br />brance subordinate to this Mortgage. (b1 tllr creation of a purchase mono}- security interest for household sppli-
<br />snce<, {ej a transfer by devise, descent or b}• aprration of !sw upon the death o2 a joint tenant or Id) the grant of
<br />any leasehold interest of three yeah or le_c not contsinnag an option to laurcha_~r. Lender may. at Lender's option,
<br />declare all the sums secured by this ~fongagr to be its7uledistcly clue ar.,l payable. I.rnder shall have waived such
<br />option to accelerate if, prior to the sale or transfer. Lender sod the hc;-sox to whom tale Property is to be sold or
<br />transferred reach agreement in a-riung that the cmiit of sorb 1+.rson .s ssusiarrorc to I.cnder and that the interest
<br />payable on the stems secured by this Mortgage shall he at sari: rate 2 Lender .hail tr;iuest. If Lender has waived
<br />the option ip accelerate provided in this psragral>h 1: sod if Borrower's succnor n. intrr<: t lass executed s wrft-
<br />fen assumption agreement accepted in writing lay I.endrr. Lender shall release Barro:+rr iron; all abIigations under
<br />this ;~4artgage and the ?Gore.
<br />If Lender exercises sari] option to srreierate. Lender shall snail Borrov.•er notice of acrrleration in accordanet
<br />~°ith paragraph I4 Letvroi. ~ueh nots(e -17x11 }srrovide a Iaeriod of not lei than 3t7 _iac-_ tram the date ;hc notice is
<br />mailed u-iilrin wl:iei7 Borrower rtav ;,sy the aunts declared du<•. ii Borra:vrr fs*.i- 'o ,::~- .ucl: Wants prior to the
<br />ezpirstian of such period. Lerdrr =.nsy :4'ithuut furti:er zloticr or rietnuld ar7 B„rroxr:, it-,ke ;:sly remedies per-
<br />mitted by paragraph I8 hereol.
<br />low-~T>itponat l;avEtia~r.~- IJorrevver anti Lender further covenant and xl;re•e its follows:
<br />l8. hmltratia~ts; Relaediea. liiecht ss provided in hsragr7hi+ l; hrrruf, ulwn Borraacr - hrra~h of soy
<br />covenant orx{;rcemem eP Htlrnaurr ]n t}71- Aionssge- iarluding the roc<-nsnt~ tc~ hay wl;cn ,iuc an}' sun7< urrur«i
<br />by this \lortgage- LaKadrr l,rlor ro at'reirr~at7ar7 ,hail ula;i notice to Harra:n•r a> ;~ror, ir,1 ]n l~srsgrsph 14 h<?rof
<br />zpeeifyirtg: alt tt]e briae*.,. +2. the :letter:: rc-(tuitt-,' t<, rm< ~urll },res.l~. ,:i7 ;., ;1stf•. not i ._ than thins' dat•s
<br />?iaP1 T7M Qatt till'nai lrr A n!a7trn to 13i~rrll4CYr'. 1•\-:~bA'7 ~UCli 1,rC:irll i]i1Lt ix r~3 <rl. a.,.. ~-1 «,i~ai ;a7h:rc i(i ::^U;£
<br />such breath an or tKfore tr:e daze r•,c-. tfie+i ]n tln• notirr may 7'ault in arcrirratu,n r. ;ix• gun:, -ecurcYi by this
<br />.lortgage 3sd :ale of the Yrap eny lit .<= hr<-art. 7s not eureci ot: or krrfare tl:r° -daze .pr_i':;ci, s , ._ notirr•. l~nurr
<br />at ?~Ier'a nptior7 r::ar ;?<~-tart ~'1 of •*.hr -un~s ;rc•va•ed i,v ti?+., ~Sortgagc so 1><Y lal,tu(s.istriv du? and payable
<br />teithout iunlter detnand and cosy fot:e7.o*r ti:is \SanGsge by ;udicial proceE•dlat; l.tn,irrhail l,r eatitl<Yi to collect
<br />itl stn"h proceeding s.i rxpens~ of iarerlosurv. inciu~iing. i,ut rzot inured to. cost= a? d(x•u!,]etrtary rvidctrc-e.
<br />abstrsezs and title reports.
<br />1'A Boesowels )sigbi to Reer~ata. \otwitlutsnding Lender's arcelertion of the ,urns secun~ by this
<br />14lotigege, HormR•er shall have the right zo have any proceeding: begun fry LYUtirr to enforce *,his \lortgage dis-
<br />evntintred at any time prior to entry of a jud{;trxnt eni~•cing titi; ~fongage ii: aa+ Harrower payer Lender all
<br />tvhieh>tcauld be t~tl due under ih 11rn}~age, the lore and notes securing f-utur<• .advances, it ary, had no
<br />atneierataaa oeeurmd; tbi Harrower cw^es all breac•lle- of any other covenant- or agr(•emrnts of Horrau•er cvn-
<br />taiatd in this'+ia~ttgage; fa) Borm~rer pays all reasonable cxpenccs incurred by I.endrr in rnfominL the covenants
<br />sad sgtetme3tta of Bonouer contained in this ~lartgu,:e and in eniorrin{; Lendei s ren;edie= err hrovi,lyd in para-
<br />graph f$ hereof, includit~, but not limited to, teasanalrle attorney's fees: and t(t+ Borrower relies =urh action as
<br />L+mdea may rrveaonably require to assure that the lien of this \lortgage. Lender's interest in the Property and
<br />Barrmreri abli~tiort to pay the stems secured by this llongage shall continue unitnpairecl. I'}aon such llsyment
<br />sr-d tore by Btrrmwer, this Mortgage and the obligation secured hereby shall rernain in fret] force and rtfeet as if
<br />had ocen.•red~
<br />J~. 2lerigsnn~E of Rrteass Apporhrtr>aent of Receiver: Ls+der is Paesessioln. As additional securii}• here-
<br />in; Horraaz:r fib? to Lender the rents of the Property. Provided that Horrox-er shall, prior to scceter-
<br />ti tinder parrgraph 1$ ]cereal or abandtmtneot of the Property, have zhe right to correct and retain such rents
<br />ss they 6seagnnc dsse sad payable•
<br />IIptx soeeleratiort under paragraph i$ hereof or abandanrilent of the Property, Lender. in per~ln, by agent
<br />err bq jrtdipa.Uy appointed nmeiver obit;]] Ilan entitled tie inter upon, take posse:csion of and ntanagr the Yn7perty
<br />arxi to eoilett the ante of tlx Propmty, irrrluding these past due. Ali yenta eoltrMrri by I.end<°r or the rrmiver
<br />`~-'i;sQap~'~i 8 t~,=pajmosto` `~~` ¢'•~' of sr<3ns~Gn.aa¢ o `l,i' I'ro;:,rn g,xl rttl`T.. , .,,° rrttt ., t+;cluaii:•g. l:ut
<br />not limited to, receiver's fees, premiums an receiver's lxands aced rras:anat,lc attornrp's fee•e at,d t ben t<; the sums
<br />tretarred by this lLlort~e. Tender and the t+eeeiver strati Ix: liable to areout;t or,{y for tt7tatr rent- „et u;slly r+•eeived
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