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not extend or postpone the due date of the monthh• iustallmc•uts referred io in paragraphs I and 2 hereof or change tl:e amount of such installments. 10. $onower Not Released. Extension of the time fm• payment m• modification of amortization of the sums secured by this :lortgage granted by Lender to any suteessor in interest of Borrower =hall not operate to release, in any manner, the liability of the original Borroiarr anil Borrower'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 be this \tm•tgegc li}• reason of any demand made b}• the original Borrower and Borrower's successors in interest. 11. Forbearrurce by Lender Not a Waiver. :1ny forbearance by Lender in exercising any right or remedy hereunder; or otherwise afforded by applicable laic, shad not be a n ai'rer of or m•eclutle the exercise of any right or remedy hereunder. The procurement nt insurance o:• the payment of taxes ar other liens or chsrges by Lender shall not be a ivaicer of Lender's right to accelerate the maturity of the indebtedness secured 6y this Liortgage. IB. Rsmsdies Cumulafive. All remedies provided in tuts \tar[gage are distinct and cumulative to any other right or remedy under t-his \iortgage or at;urdai I;y law or equin•, and nag} hr exercised cm:curroncly, independ- ently or successiveh•. ~ 19. Successors and Assigns Bound; Joint and Several Liability; Captions. The covenants and agreements ~+` herein contained shall bind, and the rights hereunder shall inure tn, Htc reyteciivc successors acrd assigns of Lender and Borrower, sub•Iect to the provisions of paragraph IS hereof. All covenants and agreements ai Borroccer shall ~ be joint and eeceral. The captions and headings of fire Itaragrairhs of this \lortgage are for ronvenience only and =~ are not to he used to interpret. or define the provisions hereof . ~ 14. Notice. Any notice to Borrower procitled Cor in this \lurle;agc shall he given ht ntailiug such notice b}• certified utail :addressed to Borroccer _tt the Yrapern- .address gated below, except for an} notice required under ~ paragraph 18 hereof to be bivrn to Borrower in rhr manner prescribed he applirairlc lau. an}- notice providcti ~ forth this \lortgage ehsl! he deemed [o pace born gn~eu to Burrower witch ,~ivcn m the manner designated herein. I5. Uniform Mortgage; Governing Law; Severability. "this ions ai mortgage combines uniform covenants for national use and non-uniform covenants with limited xariations h}- jurisiiiction to conetitatte a uniform secu- rity instrument. covering real property. This \fortgsge shah iu• governed h~ the tsar of th, jurisdiction in which the Property is located. In the event that am- provision or clsuse of this \lortgage or ti,c \o2x: conP.iets with applicable law, such conflict shall net affect c•Iter I%ravisians ai this tiatrigagr or fhr .vote n-hich can be given effect without the conflicting provision, anti to this chit the prof isions of the \lortgage anti the \ote are declared to be severable. 16. Borrower's Copy. Barron-er shall be fm•nished s conformed cop} of this Mortgage at the time of exeeu- tion or after reeordatior. hereof. 17. Traasier of the Properly; Assumption. Ii all or an}• part of the Propert}- or as interest therein is sold or transferred by Borrower without. Lender', prior nritter, consent. excluding tat th+ creation of a lien or encum- brance subordinate to this Mortgage. ! b i the creation of a purchase manes securip mterest for household appli- ances, (c) a transfer by devise, descent or by operation ai Ian- upon the dead: of a joint tenant or id 1 the grant of any leasehold interest of three tears or les+; not containing ar, option to purthss~- Lcndcr mac. at Lender's option, declare all fire sums secured by this Mortgage to be inunediatc•h- due ;nnl pa}-able. Lender shalt Mace waited such option to accelerate ii, prior to the sale or trattsier, Lender and dre person [o iebon: the Propcrtc is ro be sold or transferred reach agreement in writing that the credit of such person is satisiactorc to Lem{er and that the interest payable on the stuns secured by this Jlortgage :hall i;e at such rate as I_endrr shsl! request. If Lender hss n lived the option io accelerate provided in this paragraph I" and if Borrower'; succeeor in interest hat executed a writ- ten assumption agreement accepted in writing by Lender. Lender shall release Barrun-er tram sil obligations under this Mortgage and the \ote. Ii Lender exercises sudt option to accelerate, Lender shad mail Borrower nciice of seceleration in accordance nitre paragraph li hereof such notice chat. provide s perioc{ o[ not less ths^ 30 .ia}-~ from the date the notice ie mailed cc•itltir, whieit Borrower :ua}~ ut%y the swna dc•dared due- Ii Borrouet- ='siis t~- i~ac such runts prior to the expiration of such pe:itui. Lender cosy. without futtl:er notice ar demand on Borrower, invoke any remedies per- mitted by paragraph 18 hereof. Xos-i'srrnau Coc~sasrs. Frr•ruw=_~.• and Lendea- further coctynzttu and ~~ree as follows 18. Aeeeleraf;on; Remedies £src{r, > !nvti;ird in paragral~ii 1; hereof, i:pon Borrowers breach o[ anv covenant or agreement of Barroner in thi> \lortgag, , mclu~iing tbt• covenants to l,:xy when due anv sums secured by Lhis Alortgage, Len+ierr pnvr t:, acceler:ntou s!t;tli nt:tii nuucc to Borrower as I%rocnicti in paragraph 14 hereof speeilying: rl) flee brracl.. ~3, tfte aetwn royunetl to rvre such hrcarh: t3; a ;I:ne- not tell than thirty days from the date the hotter i- ntailtni to Iiurru•,+er. In whirl: suci~ l;rcich must be :coed: cud i41 that failure is titre such breach on or before the date sp<rtfie+. m tl;e uotice stay r,•suit in acceleration of rhr >uur secured by this Mortgage and ssle of t};e Prol~,erty. It rite breach is not curcvl ar. ar Ixiom the dar~ epeeifird in rhr notice, Lender st Lender's option ma}- deelsrc alt ai rhr sums secured by tlsis ]l artgsg~° to be inttuedisteic due and psyab!r without Curtner demand and ma} foreclose this \lortgage I,c ludicia! pmrerd;rg Lehrer shall he entitled to collect in such proceeding a]{ expenses of i,~rerlosurr. im;udiug. tot unt limited nz, caste of dorun,entatro evidence, abstract. and title reports • 19. Borrower's ffiglrt to Reinstate. \otwithatantiing Lender's arrelc•ratimt o[ rhr stuns secured by this Mortgage, Borrower shall have the right to have any proceedings begun In• Lender to enforce this \lortgage dis- continued at any time prior to entn• of a jud¢rnent enfarcing this \iartgage if: tai Borrower pays Lender all sums which would be then due under this \longagc, the \ote and motes securing I•'uturc Adysnces, ii any, had no acceleration occurred; ihi Borrower cures all breathe, of an}- other covenants or ;agreements of Borrower con- tsiaed in this Mortgage: (e) Borrower pays all rrasanshle expenses incurnY{ be Lender in enforcing rhr covenants and agreements of Borrower contained in this \lortgage and in enforcing I.endcr's remedies as provided in para- graph 18 hereof, including, but not limited to, reasonable attorneys Cers: and id i Borrower take: such action as Lender msp reasonably require to assure that the lien o[ this \iortgage. Lender's ineerest in the Properrv and Borrower's obligation to pay the sums secured by this \lortgage shall continue unimpaired- L-pon such payment and cure by Borrower, this Mortgage and the obligations secured beech}' :.hall remain in full ia-ee and effect as it no acceleration had oec•.rrred. 28. Asm>~nt e! Seats: ApQaiatment of Rseeiver; Leader in Possessioa As additional security here- under, Borrower hereby assigns to Lender the rnnts of the Property. provided that Borroner shall, prior to acceler- ation under paragraph 18 hereof or abandonment of the Property, have the right to collect and retain such rents u they become due and payable. Upon acceleration under paragraph 18 hereof or abandonment of the Yraperty, Lender, in person, be agent or by judicially appointed receiver shall be entitled to enter upon. take po* ession of and manage the Property and to oolleet the rents of the Property, including those past due. All rents collected by Lender a- the receiver shall be applied first to payment of the costs of management o[ the Property and collection of rcnt~, including, but not limited to, receiver's fees, premiums on rnceicer's bonds and reasonable attorney's tees. and then to the sums secured by this :4lortgage. Lender and the receiver shall be liable is aecaunt onh• for those rents ar•tu:dly reteivcd.