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<br />'not extend or postpone the due date of the monthl}• installments referred to in paxagraphs I and 2 hereof or
<br />change the amount. of such installments.
<br />10. Borrower Nat Released. ];xiettsion of the time fo<- lta}~ment or mothficatior. of amortization of the sums
<br />secured by this Jlortgage granted by Lender to sny successor in interest of Barroa•er shall not operate to release,
<br />in any manner, the liability of the original Borrower and Bon•otccr's successors it: interest. Lender shall not be
<br />required to commence proceedings against such successor or refuse to extend time Eor payment or otherwise modify
<br />amortization of the sums secured by this llortgagc lty reason of attc demand made b}• the original Borrower and
<br />Borrower's successors in interest.
<br />11. Forbearance by Lender Not a Waiver. Any forbearance hr Lender in exercising sny right or remedy
<br />hereunder, or oiltenvise afforded by auplicablc iao ,shall oat be s „ai ~ er of or preclude the exercise of sny right
<br />~ or remedy hereunder. The procurement of insurance or the payment at taxes or other liens or charges by Lender
<br />~., shall not be s waiter of Lender's right to accelerate the utantrit.r of the indebtedness secured by this \lortgage.
<br />12. Remedies Cumulative. All remedies prodded in this \iartgage arc distinct anci cumulative to any other
<br />right or remedy under this 1lortgsge or sfforeled by let, or <•,Iuit}~. and ma}- he exercised eoncurrenth•. independ-
<br />ently or suceesiveiy.
<br />I3. Succ:essors and Assigns B~tind; Ioint and Several Liability; Captiors• The rareuants and agreements
<br />herein contained shall bind. anci the rights hereunder shall inarc to. the. respective successors and assigns of Lender
<br />and Borrower, subject to the provisions of isaragraplt l; hercoi. Ail covenants anci agreements of Borrower shall
<br />~ be joint and several. The captions and headings of the par;t~ral,hs ai this Mortgage are for convenience anlr and
<br />~ are not t4 be used to interpret. or define rite nrocisuttts hereof.
<br />14. Notice. An}- notice to Borrower proridevi tar ut this Alongsge shall 6e given be mailing such notice 6r
<br />certified mail addressed to Barmtver st rile Yropcrtc -~+i+h-c-~ start+! helps,. except fm• sny notice requimtl under
<br />paragraph 18 hereof to be given to Barroncr in tit. ut:utnrr ;+rescribcd b}~ apphcable lasr_ any native prorideti
<br />for in ibis Mortgage shall he deenteei to '„arc 1„°en ~ivcn to Bonn,ver when given in the manner designatod herein.
<br />15. Uniform Mortgage; Governing Law: 3everability. 't'his room of mortgage combine= uniionn covenants
<br />far national use and non-uriforttt rovenarts with limir.~i ,;ar:ations by jurisdiction to constitute a uniform secu-
<br />rity instrtmtent eorering real property. Thi; ~[ortgage ~Ital] ix• garented be the late of the jurisdiction in which
<br />the Property is located. L^, the event that any t+rorisian ar clause of th%s Mortgage or the `ore conflicts with
<br />applicable Iaa-, such conflict shall not sneer outer previsions ai this \lortgage or 'the \ote which can he given
<br />effect a-ithout tl:e conilictiug ,envision, and to this erd the ]um talons of the Mortgage and the \ote ore declared
<br />to be severable.
<br />1&. Borrower's Gopy. Bormwer shall be fu:2tished a ronfonued copy of this yfortgage st the time of execu-
<br />tion or after recordation. hereof.
<br />17. ?ransier oI the Property: Assumption, fi ail or ar,}• pan ei the Proper}• or an interest therein is sold
<br />or transferred be Borrower without. Lender := prior -.mitten consent, excluding tsj the rrestion of s lien or enettnt-
<br />brance subordinate to this \lortgage. t.ht the creatiatt ai a purchase tnanry security interest for housel;old appli-
<br />ance's, lei atrsnsfer by devise, descent or ity alreratien of late ulx~n the death ai a faint tenant or 7d) Lhe grant of
<br />any leasehold interest of three rears or leis not containing sn option to purrhasr. bender tmac, at Lender's option,
<br />declare all the sums secured by this ~iartgage to hr iutmediatelr ;iue and payable. Lender shall bare waited such
<br />option to accelerate if. prior to the sale or transfer. Lender attti the ]ter=an to tt~itont the Yropeny to be sold or
<br />transferred reach agreement in,vriting that the credit of such person is sat,siactory to Lender :tn; that the interest
<br />payable on the sums secured 6}• thi_e _liortgage sha11 1>e st sueit rate ss Lender shat! n°<Iuest. li Lender has waived
<br />the option to accelerate provided in this paragraph i7 and if Borro,cer~s succetior ir. interest has executed a writ-
<br />ten assumption agreeruent accepted in writing by Lender, Lender shall release Borrower frart a!1 obhgations under
<br />this Mortgage cad the tote..
<br />If Lender exetcis~ suet: option to accelerate, Lender shall mail Borrower notice of acceleration in accordance
<br />witlt I+nragt•eph 34 ftcrc'a?. such rottcr -hsi! ]+rovida- a ]terial ai not less titsr,- 30 data from the date the notice is
<br />mailed x~ithin which $o.*rower u,ar lay the suni`~ declared due. Ii Barratrer fair ro Ica_ ~ueh su[us prior io the
<br />e~piratior. of such period. Lender may. wttham further potter or demand on Borrower. n:. okc am remedies per-
<br />mitt~ by parr~rsp:, I£ hereat.
<br />\c:r:-l-arroaat ,'<+rg:xt'<ms. Burrcncc•r :;ml Lender Iurther ,ot-cnuni and a:;r.•t• as follatcs:
<br />18. Aeeelesattan; Hsmedies. 1-ace}+t s ]+rosi+?r,i in naragr:+1.1: l: hens?*_ t:l+~,.: Borrower'- breach of any
<br />ccner-.nor ar sa;;remera c~i B„rrourr =.s: t...- Mart*_a~_.~. inriuu.ni; tin s-ocr,rant= to ls~~ where ,iue am~ .ants secured
<br />by t3;i: Alortgage. Lrn~irr ,.nor to ace-4rratton ~lrtii mull petite to Born~s+~r :. nrort:icd nt },ataerul,h 1$ hereof
<br />rpecrfr.rg. il+ tltr'vreac ~3+ t,r aet:nn rcyuim~i to i•urc curls hr`acl.; ~3t~., dat<•. not less than thirty days
<br />i~^a L}rr. date erne ni±t to t- ;ratlt~~i to Bvrrnwcr, 'rc s+ i,ici, sucl, hn :at~l, n,u-t l,c tared. sn+i ~4 i that failure to cure
<br />=acia 2rreacli at, c.r i,eforr t}ee date x{+rcifi<~ ni tltc notice n;sy result m aeeeir;xnon of ti:e wn,> secured be this
<br />Mortgae and sae of t;te Pr orx•n}•. Ii ti:e breath is not cun~? or. or before the date _y.ce=.firti in the native, Under
<br />Icnwes'z of=i ion :aas}- ~lcrisn sli ! - t}ae s,nts attar,°~ 3,y t., - 1#ongaz;s tr, I.r ur,*.,;r+lia?ciy <fur and parable
<br />wiirtaat furLh€r=iemand sn: roar forrrlosr this \tones~,c ln- ~u,i~irt:ai 3:rocrE=dtnl; I.i n,irr ;h:,'i l,c rntitlcn{ to collect
<br />in suclt ~n ceding a~' cx~~;asr of forrcto<urr. tnr;u~liug.l.ut !s„t i+,u'<<,~ to ra-t- a <iocu;nentars es:dence.
<br />at?=2,~et=and ti*_le re;x+rt•. .
<br />19. Hearower's Hight to 8ainatate. \vtwithstsncimt; Ixnder'- srt•c•iera^.iott of tltr stuns :ecurc•d by this
<br />ilortga-ge, Borrwer shall have the rrghi xo bare sny I,rocc -dir:t> `tteg,<n i+;- I.rt>,i,~r t„ +•nfarrc thi> Mortgage dis-
<br />coaiinued at env Lime prior to entn~ of a Iudgntette eniv7cin~ rim- \longar;e tf: ;.., Borrower pees Leader ail
<br />soma which would be then due tinder thL- \iorigsgr. the \t,tr amt tu,te-- -ecunn:; f ut axe A:lvance-. if any, had no
<br />serxlerstiori oceurmd: 761 Borrower cures all hnarhrs of ar:y other ro:rnanrs or agn•rtuents of Borrawrr con-
<br />tained in Shia `k€ortgsge: !t1 $orrovrer pays all rrs~nabl,• rx]+cri-e= ururrec{ F,r Lender m ,•nfarcing the covenants
<br />aacl a$t'`-'t"senr_q ar Barra'n er cantair,cd ir: .: Marizart- ar,d ,n r,:i,.,rriut; i.en,?er'- remeYiieo ss 1,rovitied in psi'&-
<br />graph 18Lereof, including, but not }imiird ta, ressanal+k- ;tttorney s see-: and id! Borrower takes such action as
<br />Leader may reasotsably require to acsvre that the lien of this liortgagc. Lender's interest in the Property and
<br />Bar'POW@IH ObltgatioA i0 paV the S13I71`;£eenr'erl l,y tttiF MC.72Q:i.^,r •ttal rontinut• umutpairerl. ['pop such payment
<br />and rtite by Ba wet, this 4I9rrtgage and tits obligations secured herebti• shall rc•tuair, in foil forc•t and etTeci as if
<br />rw acceletat~ bad o«urred.
<br />20. of ~ Amt o! Hsceiver; Lender is Poaseasion. As additional .security here-
<br />under; BOrtvaver hereby assigns to Lander the rents of Lhe Pmisett-:. ltrnrideri that Borrower shall, prior to acceler-
<br />ation under paragraph 1B hereof or abandonment of the Prolxrt}, have the ri;;ht to roliee•t and retain such rents
<br />as they betxrme due and payable.
<br />IIpon soce3eratian under parag°'tph It3 hereof or al~andontr,em of the Yronrny. l,c•nder. in ]+rrson, by agent
<br />r L,.. ;,.,t~„R.;atty Appeianr.a >ve. o•I,~tI h.. ent;Li~ rte; enr{r , _ _- tak€~ l,nssession of amt tonnage the Property
<br />cad W cwlleeL the rents of tlse Property, ine}uding those is t t dui'. All tent: callrctcd h+r Lend:•r ar the reccirer
<br />shall be applied first to payment of the casts of management of ti,c Propert}° and coilrrtiuu of n•ut~ including, but
<br />not lim:#ed to, receiver's fees. pmmiums an receiver's I;cnds and rcasan;thlc .attorney':: f,•e. :,n,i then to the sums.
<br />securea by this 3lortgage. bender and the receiver shall he ?table ro account onh~ for t he-e rent: actually roccivrd-
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