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not extend or postpone the due date of the monthly iustnllntent reftr:•ed to in paragrsphs 1 and 2 hereof or change the amount. of such installments. 10. Borrower Noi Released. );xtensian of the time tar pay:utnt or modification of amortization of the sums secured by this :1'fortgage granted by Lender to any successor in interest of Borrower shall not operate to release, in any manner, the liability oP the original Borrower :rod Bm•rou'cr's vccessors in interest. Lender shall not be required to commence proceedings against such successor a- refuse fn extend time for payment. or otherwise modify amortization of the sums secured by this >Ioi•tgage be resson of :ury demand made h}' 'the original Borrower and Borrower's successors in interest. 11. Forbearance by Lender Not a Waiver, :in`• farleartncc by Lender in exercising ant right or remedy ~ hereunder, or otherwise afforder by applicable la',v, siutli not he a waiver of ar l;reclude the exercise of any right. or remedy hereunder. Tha procurement of insurance or Ute psyntent of t-axes or other ?lens or c}targes by L-ender ~ shad not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this Mortgage. ~ 12. Remedies Cumulative. X11 remedies nroviderl in this \lortgage are distinct and curnulstive to any other ~ right or remedy under this \lortgage or afforded by !alt or tquit}-, and may be exercised concurrently, independ- entiy or successively. ~ 13. Successors and Assigns Bound; Joint and Several Liability; Captions. The cotenants and agreements herein contained shall bind, and the rights hereunder shall imu'c ta, the respective successors and assigns of Lender ~ snd Borrower. subject io the provisions of paragrapl: 1? hereof. All cotenants and agreements of Borrower shall `~~ 6e joint and several The captions and headings of the paragraphs of this 1[ortgage are for contenience only and sre not io be used to irierpret or define the protisions hereof. 14. Notice. any notice to Borrower prodded for in this 1lartgage shall 6c often b}' mailing such coffee by certified utail addre~~ti to Borrower st thr Property Addres> stated below. except far arn• rent-ice required under paragr ph 1fi hereof to be given to Borrae-cr in rite manner prescribers by applicable lie-. ant notice prodded for in this 1lortgsge shall bt deemed to hstc been gitrn to Borra;ter when gitert in the manner designated herein. 15. Uniform Mortgage: Governing Law; Severability. 'Chia farm of mortgage combines uniform cotenants for national use and ton-uniform cocenattts will: lintitr•d tariatians ht iuriaiiction ±o constitute a uniform secu- rity instrnment covering rest proaeric. This \lortgage shall Ise gaventeri b}- the law of the jurisdiction in which the Propene is located. In the ____ - 1;;;.,-:w, .,, =e or *l,i; 110 - - ^r th:. \„~ _nnirtc -~;th applicable law-, snob condict shad not ~sffect (other proctsian- oi~~this 1langage~ or~the ATatc which -can be given effect without the conflicting protision, and to ;i:is end the pro;•isiota of the 1lortgage and the \ote arc declared Yq be severable. 16. Batrawei s Copy. Borrower snail he furni.Merl a caniorated rop}- of this 1lortgage at the time of execu- tion er after recordation hereof. 17. Transfer of the Property; Assumption- Ii all ar any Hart of t!te Properly or an interest therein is sold or transferred by Borrower without Lender': prior rvri;ten ra^sent, exciudirg i a) the creation of a lien or encum- brance subordinate to this Mortgage. +b i the creatiar. of a purchase money security interest. far household appli- snees, tcj atransfer be devise, descent ar by operation of tart upon the dtaih of s joint tenant or tdt the grant of any leasehold interest of three years or less not tontaim::~ sr, option to purchase, Lender rnay. at Lender's option, declare all The sums secured by this Mortgage to be in~:mer,iatch- ,sue and payable. Lender shall hate waived such option io accelerate if, prior to the ssle or :ransier, Lender :u:ri tae person to ;thou: the Prapertt- is to ba sold or transferred reach sgreement in writing that the credit ai sutii person is satistacton to Lender and that the interest payable on the sums secured 'by this \lortgage strati be :u such rste as Lender shall request. I` Lender has waived the option to accelerate provided in this patxgrapl: 17 snd if Borrowzr's successor in interest has executed a writ- ten aa-sttmption agreement steepled in writing fry Lender. Lender shall release Borrower from all ohligaiions under • this l3ortgage and the ?~ ote. II Lender exercises such option to sc•celerate, Lender shall retail Borrower no*.ice of scceleration in accordance with paragraph 14 hereof- loch notice shsil prof i;ie a period of not less thsn .i0 da}'s froth the dale the notice is ensiled within which Borrower mac p:tc the vents detltred due. Ii $orron'er fails to pa} suet: sums prior to the expiration of such period, Lender rosy. without further native or de*.uand on Borrower. intoft, ant remedies per rnitted isy paragraph 18 hereof. \prc-I-~:icsu Coe: ti.bx'rs. Rc:-t'r~wer and i.ende: t'urtlter ru;'enani aura arec• a. follow; I8. Acceleration: Remedies Except a> lua~i:l~•d in Isrragr-qr!r I~ brreaf. upon Borrower's breach of any covenant or agreement of Borrower in this 11ar;,::e, . inciu:Lz:g th~~ ootenants in pa}• when due sin soots secured by this liortgage. Lender prior to arceleraumr xisii retail norec to Barrutcor :ss In'o;~l[tc:i in I+aragrshL• li hereof s~cifying- tl} the breach: +?t the action regvn'cd :, r:n~o wt!; i:reacL. t3s s date_ not leers than thirty dag•s irons the date the notice is v:ailed to Barro;ccr, b~ n hicL curl: !ar-sci: must be e::~t•:i; any! id; that fsilurc to cure such breach an ar before the date specified in tirrr nottcc• mac result in aeceirratio;s of file suns soured by this ~iangage and sale of the Propem-- Ii the brooch i~ not turei or, or befon• the date specified in the notice. Lender at Lender's option may detlsrr all of the sutn> secured ht tins lfartgsge to l,e i:nme~iisteic due and payable without further demand snd ms. faretlose this ]lortgage be ,iudicial prat ~~jing- Lender sbs11 be entitled to collect in such proceeding nli exper.-~~ of f<~rec;osurc. :neiu,line, but rot iinutr:i to. costs c. ,'soctnnentan- etidentc. at>`-tasets and title reports. 19. Borroweia Right to Reinstate. \otnitiutanding Lender's ameleratiat: of the Burns secured by this ~longage, Borrower shall have the right to hst e shy pmteeriings begun by I.endr•r to enforce this \lortgage dis- eontintred at any lime prior to entrc of s judgment enioA^ing this lortgage if: !ai Borratcer pays Lender all stuns which would be titer. due under this Mortgage, tbt \ote and notes. securing Future Advances, if any, had no acceleration occurred; tb} Borrower cures all breathe= of shy other catrnsnts or agreements of Borrower con- tained in this'_+tortgage: ici Borrower pays all teasonsUle expenses incurred be lender in enforcing the covenants arm agreements of Borrower contained in this \Sortgage and in enfarting Lender'. remedies as prodded in para- graph 18 hereof, including, but not limited to, reasonable attorney's fees: and tdi Borrower tapes such action as Lender may reasonably require to assure that the lien of this 'ilortgagt•, Lender"s interest in the Property and Borrower's obligation to pay the sums secured by this Martgsge shall continue unimpaired. Upon such payment and cure by Borrower, this'_t4ongage and the obligatimts secured hereby shall remain in full (once and effect as if no acceleration had occurred. Y0. Alt oI Reins: 1ippomtmmt of Receiver. Leader in Possession. .as additional security here- under, Borrmrer hereby as~gr~ w Lender the rents of the Propenr. provided that Borrower shalt, prior to ac~eler- attan-tinder paragraph IS hereof or abandonment of the Progeny, hate the right to collect and retain such rents as they become dye and payable. IIpon acceleration under paragraph IS hereof ar ahandonmenr of the Yrnpeny. Lender, in person, by agent Or by judicially appointed receiver anal{ he entitled to enter upon, take possession of and tonnage the Property and to eollee6 the rents of the Property, including those past due. all rents collected I,y Lender or the receiver shall be applied first to payment of the coats of management of the Propert}• and coilertion of rent,, including, but not limited to, reeeicer's fee`'., premiums on rece'rcer's loads and reasonable attornec's fees. and then to the sums secured by this :vlortgage- Lender and the receiver shall be liable to attount onlc for those mnta aehtally recciced.