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<br />1._ _
<br />,_ . fi~
<br />not extend or postpmte the due date of the manthh• installment>~ referred to in paragraph; 1 and 2 hereof or
<br />change the amount of such installments.
<br />10. BonowerNotReleased. Extension of the Bute for pa}'ulent ar modifieatian of :unori-ization of the sums
<br />secured by this Mortgage granted b}- Lende: to an}• successor iu interest of Bonaicer =hall not operate to release,
<br />in any manner, die liability of the original Bon'ower and Borrouor's successors in interest. Lender shall not. be
<br />required is oommence proceedings against such successor or refuse m extend time for payment m• otherwise modify
<br />amortization of the sums secured by this \lort,aee 1.} reason of :un' demand made be the original Borrower and
<br />Borroner's successors in interest.
<br />11. Forbearance by Leader Not a Waiver. 3t;}• iorbesrance by fender in exercising an}' right or remedy
<br />hereunder, or othent'ise afforded by applicable law, shall not i,c a Waiver of or precittei!• the exercise of any right
<br />or :etnedc hereunder. The procuremea of insurance m- the nsrntent of taxes ur outer liens or charges by Lender
<br />shall not be a irsiver of Lender's right to acoeicratc the maturit}• of the indebtedness secured hi- this \Sortgage.
<br />12 Remedies Ctrmttlative, 311 rewedies provided in this Mortgage arc distinct and cmnulative to any other
<br />right or remedc under this Mortgage nr anonled h~ iau or oquit~-. and mad' i,e exercised cmtcurrently. independ-
<br />~C enth• or suceessiceh•.
<br />v 13. Successors and Assigns Bound: Joint and Several Liability: Captions. Tire covenanu and agreements
<br />~" herein contained shall bind, anti rite rights hereunder slrali inure to, rite resnectivc successor: ;rod assigns of Lender
<br />C` and Borrower, subiect to the provisions of paragraph I: hemoi. 311 covenants and agreements of Borrower shall
<br />be ioint and several. Tito caption- and headings of rice ;sraantl,it< of this Alortgagc are for convenicnm only and
<br />are not To be used to in*.erpret or define the prorision< hereot'
<br />19. Nafice. 3m Heiler to $arroiver pmvidea for in titi> \lurtsge slrali }n• given i,c mailing such notice by
<br />cettihed mai addresed to Borrower st t?u• Property Addres> srae:( i,rloty, tsccpt far ;ut} notice tryutred wider
<br />~ paragraph 18 hereo# to be gii-en to Born,:crr i,~ tin• n::atrnrr prescribed b~- appl!cal,lc tsu~. Ant notice proi-ided
<br />for in this ]Iortgage shall i,c cieett=e•.i to irarr het'n ,c*:ri.n to Barnni-er n-ren uii-en m tin' ntnttm•r deslgnsted herein-
<br />1$. t3aiform Mortgage: Governing Law: $everability. 'I'bis ionu of luortc;age combines r.niiann covenan[s
<br />#or nationsi rise and Wen-unifami eacensnts ii ith limitn•,? variatioes by hv'isdiction to constitute a unifomt secu-
<br />rii• n,in~,a,rnt.; -_._ _r_al nr~~r*i- Tlilc Va,.~_ _'h_.-.._ _----.ad }ate rl.r lair a_ *, h,• _ ciirrintt i n•hi~h
<br />the Proper} is iocsted~In .ha eicnt t at :in}~ ~,rocisior m' rlauseeat this \lert ae or tht bore conflicts it;th
<br />applicable lsa•, such cori?ict sha]1 pat at-leer ~ti,~er } ,zslons of tbi~ Aortgage or the \etc which can be given
<br />e$eet without rite conflicting provision, and to ttt~ end the nrorisiols ci the ~lortgsge and the late are declared
<br />so be severable.
<br />1& Borrowez's Copy- Borrower shall he furnished a cur.ionneri cop} of this tiiort,aga= at t;te time of execu-
<br />tion ar aitEr recordation hereai-
<br />19. Traasfer of the Property: assumption. _. -ill or at:~ part ni ti:e Property ar an interest therein is sold
<br />artrsr,ferrer,' be Barmu•er witht,trt Lender'- ,.rzor writter..•ot;sent. exciudrtg ,a, ~ . craatian of a lien or eneum-
<br />brance subardinsie to this _llartgsei'. , It, tin=~,-reatim: c, :~l:rci:a~r *.nour~ =ecurit}~ taterest for household appli-
<br />ance`. let s trsn~ier b_r devise. aiescent or b}- operation o iau~ anon rise dear: o. feint tcnur=, c=r ,dl the grant of
<br />say leasehold irterr>t ci :E.:ee vea,s :. -.::ot ronts~:,.;n_ sn op*.ior. to pur.!ta ~..~Lcnler _ts}-. at Ixnder': option.
<br />declare all the sunz< sec:ared by this ASe^tga;e to Le s:n.,c.iiatch' due sn,i },ayaDiy. Ler,,er s}sli have •a slued such
<br />option to accelerate i*.'. vier *.: rite ssle or trtacier, Lrrder and t.,e pel•~ot: to n i:o.ur the Proper*.} is n, be sold or
<br />trans#encti n`scl: sgner~ent ir, iyritin rivet *,he cn'dit of : ucL ;,er.=on is ~atisiar*.ori tt~ L.r::,irr s:rti ;... rite irte*est
<br />payable an the sums s v aced i+~- this \IaTi«g shsi; i t~ at aui: rate as Lender sha17 rcyuest. If Lt-nde* has waited
<br />e:.o.
<br />the aptia*1 to aceeierste provided it: this psrs~rapi: i; anii ii Borrnwrr s ~,.tt in urterest ices executed ,y icrit-
<br />ten sa'sutttptian agraenant accept~l in writin, i,~ 1_emirr. Lender shall releasi- $or_rourr ~mttt al! obligations under
<br />=.iais ~4artgage and th'r late.
<br />I# Lender es~ci~es such option tat sicelers:c. Lender si:aii :;:si: Borrower rotice of siecleratfan in accordsace
<br />with ys~grsittt 1# hr-reof. Tuetr novrt n.. , pm`.-r,tc a ;,rrto,t of ;.. ... t'.rr,: 3i) :i:tvs ia-•tr i..r ~isn• rice notice is
<br />tns$~1 u-;t.ititl wine'. Bivrow:a~ :rat- -,. .:;n,> .ice':;n-~; emu.- ifs Bortnu'cs :ail, *, .a.,. >:.1[~. pnor to the
<br />r>;-niatinn of sue; •eriad, Lende* :.:at1-n ati~;u,,r ;t:rti::'r t.otic,~ cr ,?t~uiau.i ;: .: Borron~-r~ :`.;ok<. :tuv remedies per-
<br />mittzd by I,aragraph i8 hcrrof
<br />_`i„~-l~at:;.t;;, .c;ii.>-;?:~. ?3t,...,.v<, .,.td I_ t.tle, ..,-,.,~s ,t.i._:tn, <'st,ti ;32:tt :i.:;e.;aetti-
<br />18. Accoleratioa: Remedies. }v,~cq•t :.~ ;'roi:•a-,i :. ,: ,,:ta:. .: Berntot~{_ ?.rencil of an}'
<br />covenant cr sgrt~e•mant v Isor.t„cet _.. ..> 17-~~•. .... .. „ _ ... t. ~..- , -ai o~!tru ant 4ri .uu:- >ecunzi
<br />by tltt= Alort_agr. L .r ., , - :. .t .,,:-, a .. ,...., .., R .. ,:,i.,, u. 1~.. ter... 1~ ;trrepf
<br />;~i#rusg: .1: it c ci: tr, .. ~, ;ur ~ >uch t,rca~n~•i'7i g ,t :. tn.. ?` .. trirti ,lay
<br />in!R: the pal :' tl:c nett:'( .- l..;il ,: I~ , -\ ,. ~. +it, h 1,,, . . 1 .: : ~lY~ ..:.. ~ t`-t !... •.:il. to Tt: ry.
<br />~ t
<br />-L'C tr t,ri'at'I' al, [•r CK:t'rc :t.t 1Y,c -r^ ...c .. :.. .:.;,iY• r.!`al h.7t~i -.: si(<.erS.A,:, f: ..., ,.I::> -it t:. Cl. 1-,i' ?1'ils
<br />Zlartgage sad sale ai tr,e~ Yn}rt•:cy li ?:,_- I~r=~n: ~. r :._,: tared ,;.. , .., itn_ tl;,: :int,~ , „t;t=! i., ,- c rrotn<~. Lander
<br />st Lenders ol,tton asi trt,:. .:_ t_ ,.- ,..-. a si _... ~\to:L, ,o tt .......tt .. :i lac su,i pa~atdc
<br />a,tlritut'uraterd nsar.~-.:. •_. t ..., at _ ,} .. ..t =.t.:;r:_ I.,,:,r... ,-t t...,..t:, ro;lrrt
<br />m .ur~, 1'racc~din>; ,. rz; - t, ... ..', .. ~ ,a t.:. .,.,., . tt~ :u,~ ui i.,,,•,t.,.rntacv <iidrucr.
<br />alzstrseL and titfr repon-
<br />19. Bffi•roser's $ighi to $eiasiafe. data,..,.....,., ~ Lt-ndr. > .. -,tln:: t~. the >unt- >ecured hr thi-
<br />!t3artgage, Borrower slash i,ave t':e rag':: tti ltsrt~ xt:c 1•u„etr~9it<c- f,et;nt',v Lt-n,lt-t~ ?t, ~nia,mc t>~ls AIanga~a• dt--
<br />rxttinuad a[ snv time pnar ?a en?*.~ o a n;•.?_ t;e,n enic>:cr n_ ?..> Me-tc.,ec ii , • Bprrrneer psi: L;•ncer all
<br />sttmsxhichtcauld lx [hen duetindert r. 11t:r,:. tlx l.t ,n:i rote. .fc:;rtu_ It•_rr, A;inrtc-. ri ant, iced ro
<br />acceierst.ion acrurrr?; ,bl Barruwer c:,..•s ail ,.c>, ... :aa utim:' r,.,. t-n:, r,t, :;, ~:; r,-crcrnt, ..f Borrower cun-
<br />ti~ in'•:his Sfottg8gc; (ct Ba~nx'er I,s;es all rr:>_,otaai,l,~ r:i ~,ea~~ ttl<~arrcd Fn- 1-m,i,-r m ~~niut,-n;; tht~ oori'nant.
<br />., - , ; ~
<br />and agreements of Barroaar eont~ned to tin> Alert cu er smi era t.:.:.rrne I ~. ndcr> ninc,Le, a rpv;drd in para-
<br />graph 1$ Hereof, including, bu: net limited *.o- reasonai,lr sttnn;ec - ire- an:1 „t, Borrvuar tsk.•- such uctaar, as
<br />Lender may reascmably rcgnire to u::-urr tl;at illr liztr o+. tilts \lr,rt~s,,a. L<•ntJzr- .rt,'rr,: In tl;v Yro}K•rt~' sn,i
<br />BorroA^er's nl>hgation to pay she arms secured l,v tic,- Mott_a~, _..:,!, connnuc ,tnnr,}:a .,'d l'l:nu -urh pavnacnt
<br />Sntl cure by $ortcix*er, Ltit' \iart~gage and ihr nbltgation> K`rura+l brrrbc •ia71 r,-a:am to ~i,;5 loci t a'n,3 effect ttn ii
<br />na aeceleraCmn had accurred_
<br />Y8. Jlit of Haents; Appoint o! Raceivsr: Lender is Poaseasioa. A- :t;idttional -eeuratl' herr-
<br />under, Borroxtrhereby assigns to Lender the rents of the Pral:enl . }:ra,t'i~tc-n tltst Bnrrclcrr shall. },rior to a eeler-
<br />atian utxltr paragraph 1$ hereof or abandonment of the Pmt>erty. bare the rh'i,t to +•ollert xnd retain such rents
<br />as theg become due and payable.
<br />Upon accelerst;oa under I>aragrapN to l,etc-'a# or ahandanmrnt of the Yra;,em-- 1,:-ndes. i^ petwn. b}' agent
<br />or by ;tzdicisify appointed reerSvershall '>•e entitled to enter u},on. take I~,o-sr-=ion of :xnd n,auage t're Ymnem-
<br />a~ to aallec[ the rents of the Property, including tlta~e I+sst du:~. All rear- coilecte~I in- Lanier or rile recrii•cr
<br />shall tae applied first #n payment of the CoEti of utsnagement of rile Prcp~rnc ao*I ro!rrtiun ni rent-. im~iudin~, but
<br />pat limited to. recen•ez's fee=, premiums on rertriver•r hon,l and rea=nnahlce auorn,•}'~ i„ . ;,n.l tlu~n u, ti,c ~ma-
<br />~a.tir€Fi bT rt',¢'S'iir~.g$~.ti~?x"i'uC~-a,n~irr,rcr,~rr ~li~ii l.c-,ial;ii'tii.aP~Uiitit i5iiiti i~,r t:'i t,"~Fi i., :, i't5i;tiiii`r,`~rii,tii
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