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not r;xie=~d yr ;>astpor:r• t,se It.e, datt a. tl.c, mt1 t,drrly ,....._:?r.. ~ ,r.,,r.r::,i tt:F irf il',aragrallt,.r l aar,rk ,~ hear>o'. or ChaP.52 the a•:tt3n t Of ztlCh rrr%xi':~a~hnenr:s lfl. ~f9oraawer Not Released. '~£.i:xir-r~,rtion of t]'mc dime for pra.•n~t~nrt. o:~ rntx~li,tic~ret5on oaf noncan^tdttation n~f tt:e sums securec9~ by this Mortgage grarat:~l iuy Lea,tdrc~ra• Poo aru,}~ succe~ nor in ur!',e~z~~tr~st of 13o~rrors•er shall rso~o raperaw~ to release, in any rnanncr, the iiabiiit}• of the original Borrower and Borrower= successor= in interest. bender s hall not be required to commence proceedings against such successor or refuse to extend time for payment ar otherwise modsfy arnort.ixation of t'_~ sums secured by this Mortgage in• reason of any demand made by the original Borrower and Borrower's suecessars in interest. lI. 1'orbearaace by lender Not a Waiver. Any forbearance be Lender ir. exercising any night or remedy hereunder, or otherwise afforded b}• applicable ta:v, shall not he a waiver of or preclude the exercise of any right er remedy hereunder. The procurement of insurance or the payn:ant of taxes ar other lien_c or charges by Lender shall rot be a ;salver of Lender`s right to accelerate the maturity of the indebtedness secured by this :)lortgage. ~`• 12. Remedies Cumulative. Alt remedies provided in this \lortgage are distinct and cumulative to any other ~' right or remr,iy under this ~Iertgage or afforded by la:r or equip-, and may be cxerci~d concurrently, independ- ently or successively. ~ k$. Successors and Assigns Bound; Joint and Several Liability; Captions. The covenants and agreements ® herein contained shall bind, and the rights hereunder shall inure to, the respeeiive s~recessors and assigns of Lender and Borrower, =object to the provisions of paragraph 1. hereof. 311 covenant: noel agreements of Borroe+er shall be joint and several. The captions and headings of the paragral,hs of this \lortgage are for convenience only and are not io be used to interpret or define the provisions hereof. ~ I~. Notice. any notice io Borrower provider) fa• in this Alortgage shall be given by mailing such notice by ~ certified trait addressed to Borrower at the Propert}- :address stated below, except for any notice required under paragraph IS hereof to be gi~~en to Borrower in the manner prescribed by applicable law, any notice provided for in this Mortgage shall be deemed to have been given to Borracser when given in the. manner designated herein. 15. Uniform Mortgage; Governing Law: Severability. 'T'his form of mortgage combines uniform cot•er_ants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform sec,t- rity instrument covering real property. This _)lortgage shall be governed by the law, of the jurisdiction in which the Property is located. In the event that any provision or clause of this Mortgage or the Note conflicts with applicable law, such conflict shall not affect otber provisions of this \lortgage or the Note which can be given Effect without. the conflicting provision, and to this end the provisions of the Mortgage and the Note are declared to be severable. 1S. sa9rr9we~ s %cpY• Borrower shall be fnPnIShed a Cortfarrned Copy Of tii8 iari:gagC at the ti,Tie of ezieu-il- tinn or after recordation hereof. 17. Tronsfer of the Property; Assumption. II all or any 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 s lien or encum- dsrance subordinate to this Mortgage, (b) the creation of a purchase money security interest for household appli- ances, (c) a transfer by devise, descent or by operation of law upon the death of a joint tenant or l:d) the grant of any leasehold interest of three years or less net containing an option to purchase, Lender may. at Lender's option, declare all the sums secured by this lortgage io be inunediately due and payable. Lender shall have waived such option to accelerate if, prior to the sale or transfer, Lender and the lrerson to whom the Property is to be sold or transferred reach agreement ir. writing tl;at the eredrt of such trerson is satisfactory- to Lender and that the interESt payable on the sums secured by this \4ortgage shall Ue 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 b4ortgage and the Note. If Lender exercises such option to accelerate, Lender shall mail Borrower not-ice of acceleration in accordsuce with paragrapi: 14 hereof. each notice shall provide a period of not less than 8Q days from the date the notice v mailed within which Borrower mac pay the awns declared due. If Borrower falls to pay such sums prior to the expiration of such period, Lender may, without further notice or demand on Borrower, invoke ary remedies per- mitted by paragraph l.S het•eof. i\ox-~'fiIF6Rlq C'ovExar:•rs. Borrower and J.ender furtLer cotenant and axree as f'oiloars 1@. ,g~~l=-~don; Remed~:es. Except as }±rovided ;n paragrapi. I? hereof, upon Barrnu•er's 6rf'aelt of a-nv covenant. or agreement of Harrower in this Mortgage, including the covenants to pay whoa due any sums secured by this lortgage, Lender prior to acceleration -hall mail notice cp 33Arrpy~r ~ provided in paragraph i$ hereof specif}-ing: (l) the breach; 12) the action requi:r,i to cure suchhreach; (3~)~-`a datr. not less than thirty days from the date *.he notice is mailed to Borrotccr, by a'lrich such 6reaeh trust be cured; and f41 that failure to cure such breach an or before the date specified in the notice may result in acceleration of the sums secured by this ortgage and sale of the Property. It *.he breach is not cured on or befo;i ti,e date specified in the notice, Lender at Lender's option may declare all of the scans secured by this Mortgage to be inunediateR• due aid payable without further demand and may foreclose this !{ortgage by judicial proceeding. Lender shall he entitled to collect in such proceeding all expenses of foreclosure. including, but not limited to, costs of docuntentarc evidence, abstracts and title reports. 19. Borroweis Flight to Reinstate. \otw-ithstantiiug Lender's acceleration of the sums secured by this ~fortBage, Borrower shal_ have the right to have any proceedings begun by Lender to enforce this Mortgage dis- continued at any time prior to entry of a judgment enfa;ciitg this \lortgage if: (ai Burrower pays Letrder ail sums which would be then due under this Mortgage, the `ore and notes securing Future Advances, if any, had no acceleration occurred; (h) Borrower cures all breaches of any other covenants or agreements of Borrower con- tyina it ";s `_ir-'gagu; (c) I3o=-rcnar pays all reasonable expenses incurred by Lender in cnfnrcirg t.be covenants and agret:rrinnts of Borrower contained in this ~1mffg+i}T,e and in enforcing Lender's remedies as provided in para- graph 18 hereof, inetuding, but not limited to, reasonable attorney's lees; and td) Borrower takes such action as Leader may reasonably require to assure that the lien of this Mortgage, Lender's interest in the Property and $orrower's obligation to pay the sums secured by this Jortgage shall continue unimpaired. Ltpon such payment and cure by Borrower, this :i`fortgage and the obligations secured hereby shall remain in full force and effect as if no acceleration had occurred. 20. Assicdratneat of Rrms: Appoiatmeatr of Rsceiver; Leader in Possession. As additional security here- under, Harrower hereby assigns to Lender the rents of the Property, provided that Borrower 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. Upon aeceteratioa under paragraph 18 hereof or abandonment of the Property, Lender, in person, by agent. or 1)y judicially appointed rce~iver shall be en`ciled to enter upon, take possession of and manage the Property and to cokleet the rents of the Property,-inetuding arose past due. Alt rents collected by Lender or the receiver shall r`.-s applied first to payment of the its of management of the Property and coltcction of rents. including, but not limited to, receiver's fees, premiums on mceiver"s bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. Lender and the receiver shall he liable to account only for those rents actually received.