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not extend m• ]tostpone the due date of N,c nunuhly uu;allnu-m= roh~rred to its paragraphs 1 and ?hereof or change the amount of such installme~~ts. 10. Bozrower Not Released. lstension of the time for irayment or modification of utnortization of the sums secured by this Mortgage granted by Lender to any surressvr in inters t oC Borra•,er shall not operate to release, in any manner, the liairility of the original Borrotcer and Bnrrowrr'~ successors in interest. bender shall not be required to commence proceedings againet such suceessm• m~ rciusr to extend time fm~ pacmert or otherwise modify amortization of the sums secured by this Mortgage b} reasm~ of sun demand made bt• the original Borrower and Borrower's successors in interest. I1. Forbearance by Lender Not a Waiver. .-~:n• forbearnncc h}~ Lander in cxerrising any right or remedy hereunder, or othencise aft'orded by applicable law, shall rot h~ a waiver of or preclude the exercise of any right. or remed•; hereunder. The procurement- of insurance or the paynx•rt of cases or other liens or charges h}• Lender shall not be a waiver of Lenders right to accelerate the mantrit}~ of the indebtedness secured by this Mortgage. 12. Remedies Cumulative. all remedies provided in this Mortgage are distinct and cumulative to any other right or remedy under this \brtgage or afforded h}- !ute or r•quin~. and u,uy 6c exercised concut•rentlc, independ- ~ enidy or successively. ~' 13. Successors and Assigns Sound; Ioint and Several Liability; Captions. The caacumrts and agreements Cs herein contained shall bind, and the rights hereunder shall inure io, the respective successors ;utd assigns of Lender ~ and Borrower, subject to the provisions of paragt:qrh {. hemoi. all coventutts and agreements of Borrower shall ~ be joint and several. The captions :md headings of the paragraphs of chi= )lortgage arc fm' concenieree only and ~ are not to be used to interpret or define the provisions hereof. 14. Notice. 9n}• notice to Borrower provided for in this Aortgage shall he given by mailing such notice by certified mail addressed to Borrvwer at the Property address stated below. exct•pt tior ;un• notice required under ~ paragraph I8 hereof to be given to Borrotcer in the utanner prescribed i,}• applicable lace. Any notiec provided ~ for in this Slott a e shall be r,leemed to hate been ivru to Harrower when g g g git'cu m the manner designated herein. 15. Uniform Mortgage; Governing Law; Severability. •1'his imvt of mor[gage combines uni.`orm covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform secu- rity instrument covering real property. This Mortgage shall be governed by the late of the jurisdiction in whirl? '.`.e n-- is boated. in the event that an3° ravisbn or clans , tvp'ervy p e of ti:is Mortgage or t.te Note cenfiic[s with applicable lath, such conflict shall not affect other provision= of this \lortgage or the Note which can be given effect without the conflicting provision, and to this end the provisions of the \lortgage snd the Note are declared to be severable. 16. Bonower•s Copy. Borraw'er shall be furnished a conformed cap}~ of this \Iorfgage at the time of execu- tion or after recordation hereof. 17. Trarufer of the Property; Assumption. If all or any part of the Property or an interest therein is sold or transferred by Borrower without Lender'; prior written consent, excluding ts) the creation of a lien or encum- brance subordinate to ibis \lortgage, ibi the creation of a purchase money security interest. for household appli- snoee, (e) a transfer by devise, descent m• by operation of law upon ehe death of a joint. tenant or (dj the grant of any leasehold interest of three years or less not containing an optiat to purchase, Lender msv. at Lender's option, declare ail the sums secured by this Mortgage to be inuuediateh due and payable. Lender shall have waived such option to accelerate ii, prior to the sale or transfer, Lender snd the person to whom the Property is to be sold or trnnsferred reach agreement. in writing that the credit of such person is;atisfactor}- to Lender and that the interest payable on the sums securni by this lforigege shall be st such rate as Lender shall request. Ii Lender has waived the option to accelerate provided in this paragraph 17 and if Bonvwer's successor in interest has executed s writ- ten assumption agreement accepted in writing by Lender, Lender :hall release Borrower frotu all obligations under this Mortgage and the Note. If Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. Such notice :hall provide a period of not lees than 30 days Eton: the date the notice is mailed within which Borrower may pay the sunns declared due. If Harrower fails to pap ouch aunts priort-o the expiration of such period, Lender tns}-. w ithout iurtl:er notiec• or demand on Borrower, invoke any remedies per- mitted by paragraph 18 hereof. \o'\-I-\IFQR~t t'oct:~e~TS. Borr•awer xncl Lender t'urthcr t•oveuart anti agrit• as fallatvs: 18. Acceleration; Remedies. Fsce:~t as ln~ovidc I in paragraph l; 6t•mof. t;pon Horrotvcr's brnarh of ant• covenant or agreement of Burrower in t!!is Atortgxte. inchuling the covenants to pas r~~ht=n due arn• ?ants secured by this \lortgage, Lender prier to acceleration -1:x11 mail notiec w Horrottrr as provided i^ paragraph 14 hereof specifying: (li the breach: rat the activn required to cure bush breach: +31 a dnn•. not less than thirty days Srom ffie date the notice is mailed to Bun•o•,vcr. Lc which suet breast, must bc-cured; an,l it i that hnilurc to cure such breach on or before the date specified in [he Holier may trsuft in acceleration vi the sums secured by thi Sortgage and sale of the Property. Ii the bread: is nut cured or. or before the ,late specified in the notice. Lender at Lender's option mat• declare all of the sums secwed ln• this Mortgage to be itmuer;iateh~ due xnd payable without further demand and ms}- ;~ret•lvse ties Alongage by ladleful proceeding. Lender stall he rmitkvi to collect in such prviceeding all expenses of Soreclasure. including, ixn not limited ro, costs of documentary evidence. abstracts and title reports. 19. Harrowers Right to Beinstate. \otwithstandmg lender's acceleration of the sinus sc•cune{ by this Mortgage, $orrower shall have the right to have sty proceeding; begun in- bender to rnfarcr this \tongage dis- continued at any time prior to entry of a judgment enforcing this \Ivrtgsge it: tin, Borrower pa}'s bender sl] sutns which would be then due under this lfortgagc. the Note and notes sectnring b-arum :1dt anccs, if ant, had no acceleration occurred; tbi Borrower cure's all breaches of any vther ec:cnanv or agreements of Borrower con- tained in this Mortgage; Icl Borrower pars all reasvnsbk• expenx•s inrurrt:i by Len,ier in enforcing the covenants and agreements of $orrower contained in this \lortgage and iu rnforring Lcmler's remedies its provided in parn- graph 18 hereof, including, but not limited to, reasonable sttorne}•'- ices: and idf Borrower takes such action as Lender may reasonably require to assure that the lien of this Morigagc. Lender's inten•st in dte Property and Botrower'a obligation to pay- the sums secured hp this \iortgagr• :hall continue unimpaired. LTpott such payment and cttre by Borrower, this Mortgage and the obligation= secured herein• shall remain in full Iorce and effect as if no acceleration had occurred. 20. As®4antant of Ruts: Appolgimeat of Receiver; Lender in Possession. as additional security here- under, Borrower hereby assigns to Lender the rents of rite Propem•. provided that Borrower shall, prior to acceler- ation under paragraph I8 hereof or abandonment of the Property, have the right to collect and retain such rents as they become due and payable. Upon acceleration under paragraph 18 hereof m• abandonment of the Yropet•ty. Lender. in person, 6y agent or by judicially appointed receiver shall he entitled to enter upon, take possession of and manage the Properly and to collect the rents of the Property, including those past due. all rents collected by Lender or the receiver shall be applied Srst to payment of the costs of management of the Property and callet•tion of rent., including, bur not limited to, receiver's fees, premiums vn receiver's hmuls and masmrable attorney's ices. and then to the sums secured by this Rlortgage. Lender and the receiver shall be liable to account only for those nnit~ actually rcreit•ed.