f
<br />not extend or postpone the due date of the montiltc inst;ilhnenta referred to in paragraph, 1 and 2 hereof or
<br />change the amount of such installmente-
<br />10. Bosower Not Reieased. Eztensim2 of the time for psyme[,t or modification of snort-izaiion of the sums
<br />secured by this \iortgage granted by- Lender to any ~uccessar in interest of Borro,ver shall no[ operaie to release,
<br />in any manner, 'the IiabiIity of the original Borrower and Borrower's successors in interest. Lender shall not. be
<br />required to continence proceedings against such surressor or refuse. to extend time for payment. or otherwise modify
<br />amortization of the sums seruretl by this \ivrtgage Ly reason of am demand made by the original Borrotyer and
<br />Borrower's successors in interest.
<br />11. Forbearance by Lender Not a Wtziver. :1nc ierbea2.•tnce by Lender iu exercising an}• right or remedy
<br />hereunder, or otherwise afiercied icy applicable la^ , sitali not he a waiver of or preclude the exercise of any right
<br />or remedy hereunder. The procurement of insurance or the l,aymer.[ of tales or of-her liens cr charges by Lender
<br />shall not be a naicer of Lenders righi to accelerate the maturity of the indebtedness secured t>}' this Mortgage.
<br />12. Remedies Cumulative. Aii remedies provided is this \lortgsge are distinct and cunmistive to any other
<br />~ right or reined}• under this \Iartgagc or aftardcsl i,y la,: ,Ir ,'<luitc, alai ms}' :x• exercised roncun•ently, independ-
<br />early or wecessicah•.
<br />~ 13. Suecessars and Assigns Bound: Taint and Several Liability; Captions. The rovenauts and agreements
<br />(~ herein contained shall bind, and the rights hereunder shah inure ro. rite respective successor, anti assigns of Lender
<br />and $orroiver, subject. to the provisions vi paragraph 1. i~erc-oi. aii covenants and agreements of Borrotvar shall
<br />,~ be io9nt srd several. The caption; sad headings ai ule parsgrai,hs of this Alortgage are for cvnrenicnee onh~ and
<br />are not to be used is interpret or deem` rue provisious llereoi
<br />f 24. Notice. an}- 2tatSrt` to Bvsratver i,roridcd for In this ](ort•srr sl:al hr ~n,en b}- mailing teach tmtiee be
<br />+T mortified mail addt'essed m Borrower at v:e Prol••er*.c A«ieiress stated ,elpn-. exec•n[ for :In~~ nottre required under
<br />~ asragrspi2 I8 he:•twf to be ntn to Born,t>t=r ir: titt tnat:ner l,rrscriLcd i,v applicable Istv..\nv notice prodded
<br />iarir_ tI?is \Ivrsge sh:ail be deen2ed ul l:arc Leon ~;vrn to Bprrower uia•n ~iycn m the 2n:ttn?r'' desiguatrtl herein.
<br />13. ilniform Morrgage; i overnirrg Lea; Severability. -I'!*.is iorn? of ntort~_a_e rvtnbines wtiiorm cpvenanis
<br />ioznationsi use and non-uniio.^.n covee:ants tvitit ;inlito.? varistiors'.} jurisdiction ta consti,ttte a uniform secu-
<br />rity instruiueni covering resi property. This \Iorga~e lief! i,e goverae,i by the law of tl2e iurisdictior. in which
<br />the Property is iocsied. Is tar. 3,-en; • st sry •,rovisior. ,,r risuse o' t.s tlart gage or the \ote evnihets with
<br />applicable law, wch eondtct shall not ~:5[?rr; otl:c-r ;~rot~tsion~ of this \lortgage ar the Aate ,i~hicil can 6e given
<br />eHeet without d2e conflicting pro•, isit'n. sn;i to 'ilia t..,.:he ;~:~,•: isions of the \IortKagc and the \ote are declared
<br />io be sererable.
<br />1& Boaoweis Cody. Barrower?!a:i he it:rnisiled :: rpnionued rnry o; this \Iort~age ai the time of exrcu-
<br />rian oz after racotdstiol: i?ereai.
<br />is^. Frtmsler a# fhe Property; Assumptian. Ii all er any Tar of the Property or an interest therein is sold
<br />ar trsnsietred br Bar rower wi*,haut ? 2~dr'r'r rive ,rrittert consent. exciudin; i a ~ tl2e crea*.ion of a iien or encum-
<br />bt~rce subatainsie to this \iongs=_e. ' 7 ~ tl,e c.e>.ion o.: :'urrhase n?oney security irter'st for household appli-
<br />snce=. +_e 1 s transfer by derise, «ieseent yr Ly operation o- .a:, upon rite death ai a ~aitn tenant or i d i the grant of
<br />say Ieasehold irter~t of tilree yrst~ e .. not contaimn, ~ :option *,o nurrhase. Leader 2na}-. st Lendei s option,
<br />declare all zt;e sutras set•urrd i,y this _tiores¢e to br iuuu,•.:ate;y tiuc anti pac'abie. I_e[;ue* shall bare tyaived such
<br />aption to accelerate ii, prier t, ;hr salt or trsnsier. iemi:-r :tt:d the person to IvLon: ti2e Pronettr i. to be sold or
<br />trsa=sferrzd ztisc3 sn~mem in tirri*.in, .i:st ti:r rn'<:it of suc•:: l,er:on is ~ti;*'st•tan tr: Lende_ sn,::hst :',_e interest
<br />parable on the sums srcure<i hr this \lans,c =i:a: i r at wet; rate as Lender shai'. rrqurs*,. li Lender has waived
<br />the aption to se:elerate pmyidcti in tills nars,rapi: 1: anti 2i Borrower's =ur: e~SOr in iateres[ has exetvted a writ-
<br />ter. assumption sgrtYment scripted in w.*iti:?, fry ]_et:dt•:. Lender shall ttlea_e Born'wrr iroln ail abligations under
<br />this _'4tortgsge sad the \ate.
<br />If Lender exercises sue., aptian ;oatreiernte. Lea~e2 -ha; :rs2s Barr^rer nutir: of se:eieration in accetdamre
<br />wi*~ psras*rats}, I~ i,rnvi- Puri: nvtll~r ,.:aii ,+n,vi:ir z •,_-ncai ;,: apt e<, :"..au Ott '.i~~"s tin,,, ['.1:: date the natire i,
<br />.mailed a,tl.ir; uiltci2 B3rn'u<- [ a) ~:sti' t... .una- .t,.,, ... ,. ., i. Bo-.r w, .;,1 .::nt. prior to the
<br />r~l~tt•stran.~iaucr.l+t•rt4i.I_t-tai .,>y.?,2ttto.,:-;.n t..,a :e•.a~,. ,..Ittr.lt. ...,..- ~ re*uedtesiler
<br />t^..ittzd by nsragra}+h ] R f;ereoi
<br />~i'\-1 '.-SF'aYV 1`„y__\.~=ti ]'~. 7t,i ri'\yt-I' :itl: l.t•Iltiti'1' '. ,.: tli,`7- iilyt~.l;lllt :5nci 3_rv-t' ;.. .t,tla,ws
<br />lEL Acrsirzcirion; Rersedies Lsr, .. -, .. .. ,.r;-eo: Harn,wt. - brc:: of any
<br />:-areas:,*, ora¢rretuet;t o: Br,.-n:nr::: t:.. \1« ._::_~ -: .. ::. _ .-...- ,,.~-r:._;•t~ :a .. ~-.r::::~.., era >a:,.. >:•,-nz•<?
<br />.a
<br />i>rthis \iane. L to ..,<,t i. _. _s. ..- _,..,t h.at*a,,,r. au.~t~- . -.a:..R~s,•~ IQ !~,`n•o{
<br />;+rt'.,ta_t:_ ~.ls ti,e [ -:.,u: .. t:. - - ,_- ,,.r ..,,-- -+rrr'. d~.. ,art- [:~, ~. •. .. ._.rt~. ,1c,
<br />:rc*t.thraa;t ti:, , ..•.. !.t~.:r.: ,, lt;, ,t .... .... .....•t .~.v«.. an.l '~ ,. .,. ..: '.1.*t'
<br />-ut'n t,re9r'! O.A i, c 2Le dates ~ a'Cl:?c:: ::. -,., .~, ,.,, ..:~\' 1,-~ll~: "2 at're?,'rail l1i M tl.r ~....,. ~c•C,1 it',: b\' i7 [~
<br />'tiorgagrsnd vtir o7 .i'r Pr *;y It ... nn a,, ..t......-. ,.. lseft.~ ,.a „ate _ ,ihc•~i n: ti:r ,.-?ire, he•n:ier
<br />at L_r,dsr•s a,atitt~ ~1 s, tzr-sa. .. . - ...t .. ..v ... '•i .... 51,,:n Fx, t to t:e 1".2n<~i:.:ir .' <7 u.~ ~or-~: ;raa'abic
<br />without fu..~e. .r^tan,: _.• ... ,•. o _, sw ,.- 1?.,. _ ,~ :, ,. t.a ..:; , u•, t;ir . I r a .....,.! t . , ~, •.:c•+a t o : otlect
<br />!n staCL ptY.Cft'121P_~ •. t'];.K:... ... . ......: .. _ ~ ... .,.. ;1 , . , . ~,. , •t ., t . ... _... t:t.:, c , t.ic'nt't .
<br />9L~±"trHftF +Sn41 I7tiE 't*_,or!~_
<br />19. 8arra:~r'a &4~ to Rate- \<,ta;t::-*.n:,.i:;.~ :-.,,::r;> .,rrtirrattvt. .~: tt;t- >una seeurs~-i t,r thi;
<br />5ftafe, Barxtaver ahs?i haze t. ~ t3tTLr •c r.stt- ;ere ;~r,xrrilL_~ fn-kt,x i+}- L••n+iet t., rn:orc.~ ih[r Mort Sage di:-
<br />rontintu«d at any t~ prt,~r to ~ n ;,_ _ --- :;c~r,_ _ , l M,-rt_~__ .: - _ , Barrow l;sv- Irn:ier all
<br />3umse-bitb sottld l~zherr due ..ra..r•, ,i.s- \I-: - „ \<~:t .,. a,t-- cur>.~ E'ut.*< \,!y n;•t-. if xry. had na
<br />sctrlerstdor; cxrrl?ed: :6~ B:<rracrr rure•- ~..! era:...::- .~: a:~ tat;rr rn~.;:an?- <tr 3Frs-?c,t-nt• ,:i Bor:-Darr evn-
<br />tained in thi~:Stortgage: +r; Barroaer psi-- aii rr ,,.:ai=ii <-z.,r±,.r.:ur,:rr,-:: l:y L,-ndrr It: «ntr,rrln£ t};e roe,-nant.s
<br />sad agfrr.~ats ttf Sorm~cer r~taunrd in th2:- Aiort~.~_e ana ;*.. enirarrtse l.riz+r~r'- re-I;:cdle~ ;.- ;,ray:dtvj [n hsra-
<br />gtaph 1$ b~maf, in~tt«'1;~nn, h,.t >~ l~!nt*_K- ..- .. ~±r,Yt:i- ---... ,-y ....- Bvr.....,..ak+'. -..rh actian
<br />i.ender may reasonably regttirc to assttr, tlhst'ttat• lien of =f.1~.\i~rrt~ ::I;:.,a.t.. 12.tt.,--ir:r. the•~Yrvl,rny sad
<br />$orraa~r'a abligativcl to par the soot;; arzured by tt,2- \i,n;±aee >nail cantinut• unin:pa:r~•:i 1"l~ln such paymect
<br />az91 ~ t+y $orroarez, this'_~ortgsge and tLr obli~tian- ercurt~t hereby ,hall n~nlsul w foil Torre and effect as if
<br />na aexelerataon had oecttrred.
<br />~. o! Rea4C lltaaaat of Rrcaiaer Leader in Passxsaoa :1. additional ,securty tlert=-
<br />uader, 33orro~er hereby assigns Lo Lender the repo of the Prairen}'. provi,it,i that Barmwer shall. prior to seeeler-
<br />atitm under paragraph 1$ henaf or ahattdontnent of the Prallertc, have tilt- right to rollt•ct and retain such rents
<br />ss ~ became doe and payable.
<br />Ltptxi acedsration under paragraph 18 hereof or s}landonment cf the Property, Ixnder, in l,ersan. in- agent
<br />or by judicially appaittted receiver stall kre err fried to enter ur,an, take pvsse.<=inn of and nranat;e the Praper2y
<br />and to oolleet the rests of the Property, influding those past due. X11 rents collected to Lender or the receiver
<br />shall be spplietl Srst to pssnrent o= fhe cru-t;~ of trtanagement of the ProPc-rtv nr,~! r~rllo-rtion of rc-rat,, inrludin;;, but
<br />twt limifzd to, receiver's Erin, pzemiuttus on rereiver's band aotl n'asonabR- attorne°: i«-c-. and then to tnr• ;urn.
<br />secured by t}sis \tattgage. Lender and the receiver :hall hr liable to art~ourt onig fur ~host• mar ar*.ualh- reccced.
<br />
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