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not extend or postpone the due date of the monthly iusrallmenis referred to in paragraphs I and 2 hereof or change the amount of such installments. Ill. Borrower Not Released. T;xtensiou of the time for;?ayment. or modification of amortization of the sums secured by this Mortgage granted be Lender to any successor in inierest of Borrower shall not operate to release, in any manner, the liability of the original Borrower and Bcrrowcr`s successors in interest. Lender shall not be required to commence proceedings against such successor or refuse to extend time for payment. or otherwise modify amortization of the sums secured b}- this \iortgage b}• reason of an}• demand made by the original Borrower and Borrower's successors in interest. 11. Forbearance by Lender Not a Waiver. _1nt forbearance by Lender in exercising any right or remedy hereunder, or othewsise afforded by applicable law; shall not he a wa}ter of or preclude the exercise of any right or remedy hereunder. The procurement of insurance or the payment of taxes or othet• liens or charges by Lender ~ shall not be a waiver of Lender's right io accelerate ri.e maturity of tilt; indebtedness secured by thisliortgage. ~ 12. Remedies Cumulative. all remedies prot•idcil in this Mortgage are distinct and cumulative to any other right or remedy under this .Mort-gage or afforded by law or equtt}-, and may he exercised concurrently. independ- r-• ent}y,or sucee_csively. ~% 13. Successors amd Assigns Bound; Joint and Several Liability; Captions. The cotenants and agreements ~-1 herein eentained-shall bind, and the rights hereunder silsli inure to, i-be respective successors and assigns of Lender ~ and Borrower, subject io the provisions of paragraph I; hereof..\ll cotenants sold agreements of Borrower shall ` be joint and setersl. The capt-ion, and headings of the paragraphs of this Alortgagc are for r•ontenienee only and ~ are not to be used to intarprei or define the protisions hereof. ~ 14. Notice_ Any notice to $orroa-er prof}ded for in this \iortgage .:hall be ;:}ten by Mailing such not}ce by certified trail addressed to Borrower at the Property- -lddress stated belott. except fur stn notice required under paragraph I8 hereoi to be given to Bnrroa'er in the rnsnner prescri}led be apl>licabic• loll. :~nc notice prodded iorin ihic_ 3lortggge shall be daemed to have been giteu to Borrower when given in the manner designated herein. I5. Uniform Mortgage; Governing Law; Severability. 'T'his form of mortgage combines uniform covenants for national use and ran-unifornl cotenants with limited tariatioue 6}• ,jurisdiction to const}lute a uniform secu- rity instrument covering real nropern-. This Mortgage shall he goterned by the lath of the jurisdiction in which the Pmnerty lneaterl_ in rise ,~,~_--• r3,gt, , . ,.:,.on ~, rla=.~ 'his ..iueigage or the .vote conflicts with applicable law, such conflict shall not affect41odter~protislons of thisMortgage or the Vote which can be given effect without the conflicting prot-ision. and to this end the pr•otisions of the Mortgage arni the \ote are declared to be severable. 16. Borrower"s Copy. Borrower shay. he furnisflerl a conlotsned ropy of ibis Mortgage at the time of execu- tion or after reeordatior. hereoi. i7. Trratsier of the Property; Assumption. If aIi or any part of the. Properic or an interest therein is sold or transferred by Borrower without L=nder's prior written consent, excluding (a t the creation of s lien or eneum- branee subordinate to this iortgage, ~ h, the creation of a purchase looney security interest for household appli- ances, ic? s t.rsnsier by devise. descent or b}- operation of law ^pot: rite death of a joint Tenant or td) the grant of any leasehold inierest of titr>•e year: or less not ronta}ning at: option to ;,urchase, Lerder may, at Lender's option, declare alt the suns secured b}' this \iortgage to he inuvediatelt due and payable. Ixnder ;hall hate waited such option w accelerate if. prior to the sale or transfer, Lendi•r and the person to whom the Proper*.: is to be sold or transferred reach agreement in writing that fhe cm3it of wch }terson is satisfactory to Lender amt that the inierest parable on the inns secured by this Mortgage ;hall be at atu 1, rate as Lender shalt request. If Lender has waived the option to accelerate provided in xltis paragraph 1 ~ and if Borrower: successor in interest has executed s writ- ten assumption agreement accepted in n-rtting by I.erder. Lender shat} re}ease Borrotter from al! obligations under this Mortgage and the ~ ore. If Lender exercise; such option to ac.eierste• Lender shat; coati Borrower notice of acceleration in aecardance with paragraph 14 hereoi. Bucil not}ce• sirs!"s ,~~rotide• s period of rot less than 3lj tsar; from the date the notice is mailed within wlrieh Borroter mac pa the surt> <}Erin-cr} Niue- if BOl•rotarr fails m ;~;,~ <uclr sum= prior to the expiration of such period, Lender tray, witi:out ftlnlrrr .notlc~ err ,;en,and on Borrower, r:l:cke any remedies per- mitted by paragraph 18 hereoi. axv-I'tirattnt i`oc>?aw';•r.. Barrowc•t- anti l.~~ntl.sr fnrthi~r coteunnt anti a~'rrc us follows: 18. Acceleration; Remedies, 1:xcYt=t ac prtn:,r.! to l~arnr:r1,G I' L<•r~tf. upon Borrower's preach of any covenant or agreement of Borrower in tl~l- ]Iorttsat. iucitttl:ng the covenants to j,ay tcbcn due ;'sn}• sum. secured by this 1lortiage, Lender pncr to arcelrrahos, -i,Yli ut;,li notice to Borrower us l;ratrded m I,aragra}rh 1~ hereof .,'peeilyurg: ll l the breast. +2i the art>o:: r~saun~at} t,:, rtu~e >uei~ i,rearL: +3r a lisle- rot less dean thirty days Iron the date the notice }s r_railed to Burro:t'cr, be tr?frc6 su+-ii i,resei± n;ust i.M• curcKl; and ~ 4 r that tailor to cure such breach on or belore the date slx•crtied in the t,oti.c ;nay result in acreuratiun of the sums secured br this 1ior~gage and sale of the Property. if the area:°h rs oat ±-unnl m: nr beiorc the ;late specifit•d in tbt: notice. Lender at Zende_r~ op*_}on rune tierlare ail of the autos stzurc'e immcdutteiy due and payable without further demand and may farerlose;his _iortgage by ±udiciai Ivoceeding- Lender stall l,e emit-letl to collect in such proceeding s}i expenses of ioreclosurc. inrlutling, but rot iiulltc-d to. rust; of cior•ununtar}• etidence, abstracts and title repart::- 18. Doreo+-~'s Bfght to Reinstate. \otuith~zandine I-ender's acttleration ai the sums secured by this jortgage, Borrower shalt have the right to Irate any proceedings begun ley Lender to enforce this ~iongage dis- contintted at any Lime prior to carry of a iudgsrtent enforcing tlri- \iortgage if: tat Borrower pays Ixnder all aeons which would be then due utxier this Mortgage, the ttote and notes securing Future ~ dvancrs, if ant•, had no setxieratSon occurred; (bt Borrower cure= ail breaches of any other cotenants or agreements trf Borrower con- t3ined ~ tfiis'-~ori~ge; dcI $ormwer pays all res.=.onablr ezper:se-= inrurr€•+i try Lender in i•nforring rite rot•enants a~ a6ree>mtnta of Borrower contained in this \iortgage and in enforcing Lender's remedies as provided in para- graph 18 hereof, including, but not limited to, reasona}?le attorney"s fee:; and idt Borrower takes :uch action as Lender may reaeauably require to sum that the lien of this Aortgage, Lender's interest in the Property and Bo'rrower's ottligµtatm to pay the sums secured by th Mortgage =hall rontirue unimpaired. Upon such payment Bad serve by Baarower, this Mortgage and the obligations secured. hereby ..ball remain in full force and effect as if rw aeon had occurred. ~' ~ °tf R~arts: Apt of Receives I~nder is Powetaian. ~s additional seruriiv here- tmder, Borrtnrer het+e6y assigns to Lander the rents of the Propery. provided that Borrower shall, prior to acceler- at5on wader-paragraph I$ hereof or abandonment of rite Property, have the right to collect and retain such rents "via rhea become dire sad peyabi€. Uprur acceleration under paragraph 18 #rer+eaf or abandonment o{ the Property. Lender, in lrerson, by agent or by ladreislly appointed rceeiver sltali tie entitled to enter upon, take. possession of and manage the Property sod to collect the ran#e of the Property, inclerding those past due All rents coilet•ted b}• Lender or the receiver °`>s~°'1 be: a first iu s p ytneai of the e<~ts of management of the Property and collection of rent::, including, but not limited to, receiver's fees, premiums an receiver's bonds and reasonable attorney's tees. anti then to the sums secured 6y this Mortgage. Lender and the receiver shall he liable to arcoutrt only for those n•nts arhrally receited.