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not extend m• postpone the due date of ti:e mc,thly instalhucnts rcicrrcd to in paragraphs 1 and 2 hereof or change the amount o such installments. 1D. Borrower Not Released. Extensimt of fhc time fm' payment or modification of amortization of the sums secured b_r- this Mortgage granted by Lender to sat viceesso- in interiKt of Borrower shxil not operate to release, in any manner, the liabilitt of the original Bormtver and Borroter's successors in interest. Lender shalt not be required to commence proceedings against such successor or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Mortgage i,} reason of any demand made by the original Borrower and Borrower's successors in interest. 11. Forbearance by Lender Not a Waiver. :1nc forbearance, b}- Lender in exercising amy right or remedy hereunder, or othencise afforded by ;tpplicablc law, shall not be a n-aiver of or preclude the exercise of any right or remedy hereunder. The procurement of insurauee or the payment of taxes or other liens or charges by Lender shall not be a a~aicer of Lender'. right to accelerate the maturity of the indebtedness secured b}• this \Tortgage. 12 Eemedies Cumulative. All remedies provided in ibis \fortgsge are distinct and cumulative to any other ~ right or remedy under this Tortgage or afforded by lea or equity, and play iu• exercised epncurrentl7. independ- ently or successively. ~ 13. Successors sad Assigns Bound: Join! and Several Liability; Cag6otrs- The cot enacts and agreements ~ herein contained shall bind, and the rights hereunder steal! inure to, the respective successors and assigns of Lender ~ and Borrower, subject to the provisions of paragraph t i hereof. 311 covenants an,l agreements of Borrower shall ..~ ` ba joint snd several. The captions and headings of the paragraphs of this \Tortgage arc for rontenience only and ~ are not to be used to interpret or de5ne the provisions hereof. f9. Notice. any nonce to Borrower provided im• in this ATortgage shall be given F,v mailing such uotiee by ~ cert.ified trail addressed to Borrower st the Property -lddre:. staled below. ,•xce}tt tar ant- notice required under ~ paragraph I8 Itereoi to be given to Harrower in the manner prescribed i,t app;icsble lau~.:1ny notice provided ;or in this Mortgage shall be deemed to hate been given to Borrower steer given in the manner desig;ated herein. l5. Uttitorm Mortgage; Gaverning Law; Severability. 'Phis tomt of mortgage combines uniform cotenants for national use and non-uniform cotenants wiiii limite,9 tariations by jurisdiction to constitute a uniform secu- rity instrument covering real propertc. This Mortgage shall he governed by the late of the jurisdiction in which the Property is located. In the event chat any provision m clause of this Mortgage or the Vote conflicts with app.t.,..,,,c , sac„ av„ ..,,, „tt atfc-ct ether prottsp o t•eemt„ ls;v '- °°°,,",let °~°li ° n= of this aTortgsge m• the vote which can be given effect without the conflicting provision, and to this end the provisions of the Mortgage and the Note are dec]ared W be severable. 26. Borrowei s Copy. Borrower shall be furnished s confot-med copy of this \Iortgsge at. the time of execu- tion or after recordation hereof. 17. Traas{er of the Property; Assumption. It all or any part of the Propert}• or an interest. therein is sold or transferred by Borrower without Lender's prior written consent, excluding (aj the creation of a lien or encum- brance subordinate to this Zortgage, tb'r the creation of s purchase money securit}- interest for household appli- ances, (e) a transfer by devise, descent or by operation of law upon the death of s joint Tenant or (dl the grant of any leasehold interest of thee years or ]es rot containing ar, option to purchase Lender tusy. at Lender's option, declare aIT the sums secured by this \ior[gage to be inmte,iiately due and payable Lender shall have waived such option to accelerate if, prior to the sale or transfer, Lender snd the Iterson to whom the Property is to be sold or transferred reach agreement in wt-ifing that the credit of such person is satisfsetorv to Lender and that the interest payable on the sums secured by this Mortgage stall br st such rate as Lender shall request. If Lender has waived the optior. to accelerate prodded in this paragraph 1 i and if Borrower's successor in interest has executed a writ- ten assumption agreement accepted in writing by Lender, Lender shall release Borrower f rmn al! obligations under this Mortgage and the Nate. If Lender exercises such option to scceler..te, Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereot. $uch notice shall provide a period o2 not. lea than a^0 day-; from *.he dale tl,e notice is mailed within which Burrower may pa}- the sums dcclan~i due. II Bormcrer ;ails to pay such sums prior to the expiration of sech period, Lender mat. without further notice a• demand on Borrower, invoke :tn. remedies per- mitted by paragraph IS hereof. ticts-T~yIFORDf (-bvrsa~as. Borrower and Lender fltrther covenant and spree as :ollotts 1$. F-eeelera5oa; Remedies. Except as lu•ovidcvl in paragraph i; hereof, anon Borrower's hreael! of any covenant or agreement of Barraurr in this \Tmtgacr. including the cotenant- to pay when due any sums secured by this \Ioftgage. Lender prior to accrlc•ration sbxil mail notice to Borroter ;t: prn.-ided m paragraph l3 hereof specifying: tl) the breach; +21 the action rcyuired to cure such breach; tar a date, rat less thaw thirty days from the date t}x• notier is ensiled to Borroter, b} which such 6reacl! umst be cored: sad i}: that failure to cure such breach on or ttefore the date specified in ti,e notier utay result in acceleration of the stuns secured by this tilcrtgage and sale of the Property. Ii the breach is not cured or, or before the date specific•cl in the notice. Lender st Lender's option may declare all of the stuns several by tlus \Tortgage io he immediate!t due snd payable without further demand and may toreclae thin \fortgagr by judicial }:roceeding. Lrncfer shalt Ile entrtlyd to collect in such proceeding all expenses o' ierrriosurc. inrlvrling, teat not limits,{ to. costs of docuu,etttsrt evidence, abstracts and title reports. - 19. Borraavera Eight to Reinstate. Notwithstanding Lender's acceleration of the saute secured tn- this Mortgage, Borrower shall have the right. to have ant proceedings begun by Lc•ndcr to eniorec this ~tottgage dis- continued at any time prior to entry of a judgment enforcing this \Tortgage if: tar Borrower pays Lender all sums which would be then due under this \Tortgage. the Sote anti notes securing Future arfcsnces, it any, had no acceleration occurred; {b! Borrower cures sli breathe. of any other covenant ar agreements of Borrower con- Lained in this Mortgage; (cl Bo_rzower pays ail reasonable exnetues incurred hq bender in enforcing the covenants and agreerents of Borrower contained in this Mortgage and in enforcing I-ender': remedies as provided in para- graFh TS het'eof, including, but not limited ur, ressanable attorney's fees: anti +di Borrower takes such action as Leader may reasonably requiee to assure that the lien of this \(ortgage. Lender's inter{•st in the Yropexy snd Borrower's obligation to gay the sums secured by this Mortgage sha!1 continue unimpaired. I'pon such payment ark cum by Harrower, this It3ortgage and the obligations secured hereby shall remain ir, full force snd effect as if no acceleration had occtrrnd. ~ ~g~t ~ Earrtroe Appaahaeat o! Recaivsr, Leader in Possession :1s additional security here- under, Borrower hemby assigns to Lerder the rents of the Property, provided that Borrower shall, prior to aeeeler- ation tender paragraph IS hereof or abandonment of the Properly, hays the right to collect and retain such rents as they become due and payable. Uptm aeceleratimt under paragrari~ I$ hereof or abandonment of the Property, Lender, in person, by agent or byTtrdicislly appointed receiver shall be entitled to enter upon, take possession of and manage the Property sad to collect the rents of the Property, including these past due. 311 rents collected by Lender or the receiver shall 6e applied first to payment of the costs of «tanagement of the Property and collection of rents. including, but not limited to, receiver's fees, premiums on receiver'. bend= snd rcasonsMe attorney's ter=. and then to the =urns secured by this Mortgage. Lender and the receiver shall be liable to account only for those rents arh,aily received.