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C`? C3 h t~,c1s atraaenr~i via :,cr:,tpan,. *he tiiuc, ca,wt,m c~,f th~E _~ontnln ~r.; ..Ii~el -. =r".'tarred n~ i>~~, p ~ragrs.F`a. } aa~l 2' ~aere6i Crr eNraxag~e t:hr> a~~anaurtr, of stai:lh instalis,rre*its 15J. H~om~a^swwoz 1~7ot Rel~ea~:d. "~atz~¢sio~n oY t},e fi'h7::f.~ f"or nan~nies~at ur ano~clifi:ratan of amort'iiali~7r: sf tae ~ ~* ns. see~~ur~ed '~hyr ¢V~t~is ~3artgage granted !'~aa~r Lendex to arsg ;~tureessor in interest cd' Borrcu+x•er s}ua11 t,ot opcraie to re~~lee, in ang rnanrter, the ]lability of the ariginaI Borrower and Bon•aiver'~ succes=ors in interest. bender shall not be ;equirerf to :,ommenee procc`:lings against such sucvessor ar refuse to extend tune far payment or of herwise modify amortization of t..e sums secured by thz _lfor*_gage Icy reason of env demand made by the original Borrower and Borrower's successors in interest. I1. Forbearance by Lender Noi a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or other:°isp afforded oy applicable 1aty, shall not br a rc•ai'.•er of or preclule the exercise of any right or reli ode i-:ereunder. The procurement of insurance or the payrnert of taxeti or oilier liens or charges by Lender shall not be a waiver of Lender's right to accelerate the maturity OI the indebtedness secured by this 'Mortgage. 12. Remedies Cumulative. Ali remedies provided in this 1ortgage are distinct and cumulative to any other right or remedy under this _lortgage or afforded be law or equit}•, and may be exercised caneurrentty, independ- ently ar successively. 13. Successors and Assigns Round; Joint tmd Several Liability; Captions. The covenants and agreements herein contained shall bind, and the rights hereunder shall inure ia, the respecticr successors and assigns of Lender and Borrower, st;biect. to the provisions of paragraph i7 hereof. A11 covenants and agreements of Borrower shall be joint and several. The captions and heading; of the paragraphs of tl;is \[artgage are for convenience only and are not to be used to interpret or define the provisions hereof. I$. Notice. Am• notice ra Borrower provide-d f .,, thin ~!artgage ~ha11 hr given tn• mailing such notice by certified oral! addressed to Harrower at the Property Address stated 6clow. except for• any notice required under paragraph 18 hereof to he given to Borrower in the manner prescribed hv_ applicable law. Any pollee ~roti-ided for in this ~lartgage shall be deemed to have been given to Borrower when ricer, in the manner designated herein. I5. ilxilfarm Mortgage; Governing Law; Severability. This tarm of mortgage combines uniform covena,?-~s for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform se:,•u- rity instrwr.eat covering real property. This Mortgage shall 6e governed by t}re law of the jurisdiction in which the Prepen}' is located. In the event that any provision or clause of this \forigsge or the Note conflicts with applicable laic, such conflict shall not affect other provisions of this \lortgage or the 2Qote which can be given effect without the conflicting provision, and to this end the In•ovisions of the Mortgage and the Note are declared to be severable. 18. &or.~rer`s Copy. Borrower shall be furnished a confor•xneci copy of this Z$ortgage at the time of execu- tion or after recordation hereof. 17. Transfer of the Property; Assumption. If all m• env part of the Property or an interest therein is sold or transferred by Borrower without Lender s prior written consent, excluding (a) the creation of a lien or encum- brance subordinate to this :Mortgage. (h) the creation of a purchase money security interest for household agpii- ances, {e) a transfer by devise, descent or by operation of late upon the death of a joint tenant or (d} the, grant of ang leasehold interest of three ,years or l~s not. containing an option to purchase, Lender may. at Lender's option, declare all the sums secured by this 4ortgage to be immediately due and payable. Lender shall have waived such oYtian t^ a ^elera±e ;f, prior io the sale or transfer, Lender and the person to whom the Property is to be sold or transferred reach agreement in writing that the credit of such person is satisfactory io Lender s[td that the iracrest payable on the sums secured •oy this 3ortgage shall be at such rate as Lender shall request. If Lender has waived the option to accelerate provided in this paragraph 17 and if Borrower's successor in interest has executed a writ- ten assumption agreement. accepted in writing by Lender, Lender shall release Borrower from all obligations under this IMorggage and the Note. if Lender exercises such option to accelerate, Lender shall mail Borrower notice of aeceleratiar> in accordance with ;raragraph 1~ hereof. much notice shall lrrocide a period of not less than 3Q days from the date the native is mailed within which Borrower may pay the awns declared due. Ii Borrower fails to pay such sums prior to the expiration of such period, Lender may. without further notice or demand on Bbrroccer, invoke any remedies per- mitter_•. by parasraph 18 hereof. ti«v_1'*rtFn_x_ar ('rrvF±:ax•r•s, 13nr?•ovvet• and Lender ttzrtl_rc>r rttvCtra_n_t. and si8•rnr• ati tnlln~vs~ 18. Ac.,~te._~zN. 11IIanedies. ;=:xr=pt .._ ]rrvvicl€•c1 irs 1> .agrapl: l:sreaf, .rltutr Borrower's breach of any covenant or agreement of Harrower iu this \Sortgagt~, including the covenant. to pay when due an}- sums secured bg this ~turtgage, herder prior to arceicration hail urail notice tq Borro}vcr~s pracided in paragraph 14 hereof specifying: (I} rlre bread:. i2i the action required to cure such breach; !:~ a date, not less than thin=y days froth the date the no=. ice it mailed to Borrower- by which such breach awst be cured _: and t}) that failure to cure such hreaah on or beiom the date specified in the; notice may result in acceleration of the sinus scoured Fly ibis Mortgage. and sale ai the Yroperty. If the breach is not cured ore or before the date specified in tiu• notice, Lender at. Lender's option may ~1»citmre all of the stuns aecw•ed by this Mortgage to be immediately due and payable w°ithout further demand and may foreclose this yIortgsge tn• ju~iieial proceeding. Lender shall he cntitlrvi to collect in such proceeditt;; oil expenses of foreclosure, including. but not limited to, costs of docuuu>otary evidence, abstracts and title reports. 19. $onowere Bight to Reinstate. lote•ithstanding I,endet's acceleration of the sums secured be this i42ortgage, Borrower shall have the right to have am• proceeding: begun by Lender to enforer~ this Mortgage dis- continued at any time pttior to entry of a judgment enforcing this Mortgage if: tx1 Borrower pa}•s Lender ail sums which would be then due under this Jlartgage, the Note and notes securing Future Advances, if any, had no acceleration occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrower con- - -- ~.. th is =o~ggga, (t) Barrow::r pays :ell rnascnabic~ expenses incurred by Lender in ;.°nforrint; €h~ rc;v°ansn#s and a¢.reemenis of Borrower contained in this 3ortgage and in enforcing Lender :s remediesv as provided in para- graph 18 hereof, including, but not limited to, reasonable attorney's teen; and ldl Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage. Lender's interest in the Property and Borrower's obligation to pay the sums secured by thisliortgage shall continue. unimpaired. Upon such payment and cure 6y Borrower, this iMorggage and the obligations secured hereby shall remain in full force and effect as if no acceleration hail occurred. 20. Assignment of Roots; lappoiatment o} Receiver; Lender in Possession. As additional security here- under, Borrower hereby assigns to Lender the rents of the Propert}•. provided that Harrower shall, prior to acceler- ation under paragraph 18 hereof or abandonment of the Property, have the right to collect and retain such rents as they become due and payable. Lipon acceleration under paragraph IS hereof or abandonment of the Yroperty, Ixnder, in person, by agent or by judicially appointed receiver shall he entitled to enter upon, take possession of and manage the Properly and t6 collect rho rents of the Property, including those past due. A11 rents collected by Lender or the receiver shall be applied :teal is payraeni cf the eosin of management of the Property and caiiecticn of rent., including, ]rut not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorney's fees. and then to the sums secured by this ;Mortgage. bender and the receiver shall he liable to account only :or those rents actualh• received.