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r=ot extend c>r ~i~,zastpane the due date of the mantldy installments referred to in paragraphs I and `2 hereof or rltaage the oleo+aunt of suc'6 installments. 14. Borrower Nat Released. Extension of the time for payment. or modification of amortizat5on of the sums secured key this Mortgage granted by I. ender to any successor in interest of Borrower shall not operate to release, in any manner, the liability of the original Borrower and Borrower's successors in interest. Lender shall not be requirec.l to commence proceedings against such successor or refuse to extend time for payment or otherwise modify amart.ization of the sums secured by this Mortgage by reason of any demand made by the original Barrower and Borrower's successors in interest. Ii. Forbearance by Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, ar otherwise afforded by applicable law, shall eat bra ;salver of or preclude the exercise of any tight or remedy hereunder. The procurement. of insurance m• the paymem of taxes or other liens or charges by Lender shall not h, a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this Mortgage. ~ 12. Remedies Cumulative. All remedies provided in this Mortgage are distinct and cumulative to any other .P~ right- or reined}• under this \Iartgage oa• afforded by law or rquin-, and may he exercised concurrently, independ- ~ ent•ly or sucressiveh•. 13. Successors and Assigns Botmd; Joint and Several Liability: Captions. The covenants and agreements ~ herein contained shall bind, and the righis hereunder shall inure to, the respective successors and assigns of Lender Q and Borrower, subject to the provisions of paragraph i; hereof. All covenants and agreements of Borrower shall ` be joint and several. The captions and headings of the paragraphs of this 3ortgage are far convenience only and are not to be used to interpret ar define the procisiars hereof. ~ i4. Notice. Ary notice to Barrower providcKi for in this 1lottgage shall be given by ntniling such notice by certified ntr:il addressed to Borrower at the Propert}• Addres stated below, ixcept for atuy notice required under paragraph IS izereof to he given to Borrower ir, the manner prescribed b}• applical:rlc taw. Any notice provided for in this Mortgage shall he deemed to have been given to Borrower when given in the meaner designated herein. 15. Uniform Mortgage; Governing Law: Severability. This farm of mortgage combines uniform rocen,tnts for naiional use and non-uniform covenants with limited variations b}• jurisdiction to constitute a uniform secu- rity instrument covering real property. This Mortgage 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 confiietG with applicable 1.~>;, such conflict shall not affect other previsions of this Vortgage or the Vote ;vhich can be given ,effect withau~ the conflicting provision, and to this end the provisions of the Mortgage and the Note are declared to be severable. in. Borrowei s %opy. Borrower shall be furnished a conformed copy of 'this :iio:•tgage at the tame of execu- tian or after recardatior: hereof. 17. Transfer of the Property; Assumption- If all or any part of the Property ar an interest therein is sold or transferred by Borrower tvtthout Lender', prior written consent, exrhtding ta) the crrat.ion of a Lien or encum- brance subordinate to this Mortgage, (61 the creation of a purchase rnonc}• security interest for household appli- anees, (c;) a transfer by de=vise, descent m• ity operation of law upmt the death of a joint tennnt or idl the grant of any Leasehold interest vi three years or less not cortaiuing an option to purchase, Lender may. at Lender's option, declare all the sums secured Iz}• this Mortgage to be inuucdiatcly due and payable. Lender shall have .valved such option to aeceterste if, prior to the sale ar transfer, Lender and the person to whom the Property is to be sold or transferred reach agreement in writing drat the credit ot` such person is satisfactory to Lender and that the interest payable on the stuns secured by this _Mortgage shall be at such rate as Lender shell 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 asstuuptian agreement accepted in writing by I.encier. Lender shall release Borrotc•er trotu all obligations undor ibis Mortgage and the dote. If Lcrtder ex;'t•cises sash option to accelerate, Lender shall tuaii Barrower notion of aeoeloratian ir. accordance Witt I,ara_•ra;,h I~ lter;~of. such notice sl.nl! ]troride zt period of not les than 3fl clay- from ttte c#xt€• the notice is mailer! within which Barmever may pay the sums declared due. Ii Borrower mils to pay ::uch suniv_ prior to rho expiratimr of such prrial, I.cudcr ma}~: without further notice or denrurd an Borrower, invoke asny remedies Izer- mitted by paragraph tt~ hereaf. \ox-L'stFUnat Cftvxa,~<:'rs. borrower and Lcutlrr 1•urther tovt>nitnt untl uerrti ~i= to}lo>,;•s 18. Acveleraiior.; fl~rnodies- 1•:xcept :ss previdee+• in lssr:sgriltl; 17 Itcrcaf, uptu: Barrower'= ]tretsrls of any cavcnant or agreement of Borre;+•er in thi. Mortl;agr•, iu+~luding the covenants to pay t;•hen due am~ sunf,5 secured icy this Mortgage, Lender prior to aceclei;Ytien shall mail notice to Burrower as pra;tielc~d in pssragraph 1~ lrerra( specifying: (II the breach: i2) the action required to cure .u,'h bet>arh: r3r » dati•• ant ir>sw dote thirty da}~• Iron the date the notu•e is mailed to Barrawrr, by st~lut•li such hrraclr ,oust b+• cured ~..uui ,~#! that lnihur to cute Stroh breach an or before tlrr date specrtieei in the notice may result in arrrleratieu of the scuts secured by this ~lartgage and ssie of the Prupcrt}•. [f the hresrh is not t•nred on or 6efotr the datr> spc+•itird ,n th+• eerier, Lender at Lender's cation ma}• decreer :ill of du• sums secured by this 1~Iartgage to hr ituuu'eiiatc•1}• due and payable without iurdter th•nsanil and rosy to:•eclusc this Mert~.nke by;udieial proceeding_ Lender shell be entitled to collect in such proceeding all expenses at iareclo..nrr, including, beet eat limned to. oasts of dt>; urnent:u}• c•vidrnc•e, abstracts rind title reports. 19. Barrotvais Right to Reinstate. tiotwitl:,tanding l.rnder'~ uceeleration of the sums se>curr,l by this iUiartgage, harrower shall have dre. right to have env proceedings beKun i,c L:>nder to enforce this \[artgage dis- eontinued at env time prier to entrr• of a judgntertt enforcing this 1ortgage ii: err, Borrower pays Lender all sates which would he then duo under this 1ortgage. the Note and notes seraring Future advances, if env, had no aeue]eration oreurmd; Ibt Borrower cure: all hreac•hcs of tun• other c•ovcaants ar agrerntents of Borrower con- tainea~ ;r *t.;s Ik#ortg~?r; !_r) hor!aae.• pay al! r°a+unahlr E•x,ra>n~:os iue!trrri lty Lrndt>r in = ufnr°in;; th€~ cav€atan#£ end ~r,.R,,,~„te of Barr^..@F a ,^=tain~ an tbtc 110.. ..t,~ zed ... E-,ife., t.tg I., t rrut~-rlt~ .. ,sr,=, i i .n para- graph 1R hereof, inrhtding, but not limited to, reasonable =sttarney's fees; and tdl Barrawrr takes such action as Lender may reasonably require to assure that dre lien of this 1ortgage, Leader's interest in the Proitrrty and Sorrcewer's obligation to pay the sums seouretl by t-biz; Mortgage .hall continue unimtzairc~i. t'-pon curb payment and cure try Borrower, this 1ortgage and the obligations secured hereby shall remain in foil facer and rffec.t. as if no ace~leration had occurred. 2f1. Assigameat of Rants: Appoiatmeat of Receivsr; Leader in Possassioa. As additional security here- under, Barrower hereby;ssaigns to I anderthe rents of the Property, provided that Borrower shall, prior to acceler- ation under paragraph 18 hereaf or abandonment of the Property, h3vc the right to collect and retain such rents as they become due and payable. ligan acceleration under paragraph 18 hereof or abandonment of the Property, Lender, in person, try agent or by judicially appointed receiver shall he entitled to enter ulwn, take possession of and manage the Property and to collect the rents of the Property, including those past due. All rents collected by Lender or t}te receiver shall he applied first to payment of the casts of management of the Property and collection of rents, including, but not limited ta, receiver's fees, premiunZS on receiver`s bands and reasonable attarnev`s fees. sad then to the sums secured by this bortgage. Lender and the receiver shall rte liable to account orrl}• for these rents actually received.