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not extend or postpone the due date of the monthlc insl.nlhnents referred to in paragraphs 1 and `L hereof or
<br />change ±he amount of such installments.
<br />10. Borrower Not Released. I+;xtension of the time for p[enaent ot• tnoclifieation of amortization of the sums
<br />secured by this Mortgage granted by bender to env stu•cessor in interest of Borrower shall not operate to release,
<br />in any manner, ore liability of the original Borrower and Bonrowcr~= successot~ ir, interest. Lender shall not be
<br />required to commence proceedings against such successor or refuse to extend time for payment or otherwise modify
<br />smortization of the sums secured by this \Iortgagc by reason of any demand made by the original Borrower and
<br />Borrower's successors in interest.
<br />Ii. Forbearance by Lender Not a Waiver. Any forbearance };y Lender in exercising any right or remedy
<br />hereunder, or otherwise afforded b}' applicable. late, shall not be a [velvet of or preclude the exercise of any right
<br />or remedy hereunder. The. procurement of insurance or the pa}meet of faxes or other liens or charges by Lender
<br />® shalt not. be a ,rawer of Lender's right to accelerate the maturity of the indebtedness secured by this 3•iortgage.
<br />12. Remedies Cumulative. All remedies provfded in tills \Iortgagc are distinct and cumulative to any other
<br />right or remedy- under this \Iortgagc or atTorde+i he late m equitc. and nosy be exercised concurrently, independ-
<br />entry or successively.
<br />13. Successors and Assigas Bound; Joint and Several Liability; Captions. The cotenants and agreements
<br />herein contained sitali bind, and the rights hereunder stall inure to, the respective successors and assigns of Lender
<br />~~ and Borrower, subject to the prat'isions of paragrapl+ I7 hereof. All cotenants and agreements of Borrower shall
<br />~y !ae ioirt and several. The captions and headings of the paragraphs of this yortgage are fo; cc,nvenience onl}> and
<br />n are not to be used to interpret. or define the provision hereof.
<br />14. Notice. Any notice to Borrower prodded far in this AIortgagc shall he given by mailing such notice by
<br />certified mail addressed to Borrotccr at the Property Address stated bclon', except for an}> notice required under
<br />paragraph IS hereof t-o he gicEn to Borrower in the wanner presm'ihed br applicable !utt~.:1m' t;otice provided
<br />for in this \Iortgagc shall 6c deemed to have been given tc Borrower tche^ given in the manner des-ignated herein.
<br />15. Uniform Mortgage; Governing Law; Severability. This form of mortgage combines uniform coct•uants
<br />for national use and non-uniform covenants with limited variations 6}- jurisdiction to ronstiiute a uniform secu-
<br />rity instrument covering real property. This \Iortgagc shall bc. governed hp the law of the jurisdiction in whici;
<br />the Property is located. In the event that any provision m• clause of this \Iortgagc or the Note cmrflicts with
<br />applicable Iatr, such conflict shall not aiTect other l,rocisions of this \Iortgagc or the Vote which can be given
<br />effect without the conflicting provision, and to this end the proaisions of the. ~lort~age and the Note arc declared
<br />to be severable.
<br />16. Barzowei s Copy. Borrower shall he furnished a conformed cony of this \Iortgagc at the time of exeou-
<br />tion or after recordation. hereof.
<br />17. Transfor of the Property; Assumption. If all or am• part of the Propert}• nr an interest therein is sold
<br />or transferred by Borrower without Lender's prior tvrittcn consent, excluding Ial the creation of a hen or encum-
<br />brance subordinate to this \Iortgagc, i bl th+• creation of a pnrchasc n;one~- security interest for household appli-
<br />anees, lej a transfer by devise, descent m• be operation of lar upon the death of a joint tenant ar fdi the grant of
<br />any leasehold interest of titrae years or-leas not c•ortainut~ an option to purchase, Lender mav. at Lender's option,
<br />declrre ail t-he sums secured by this .liorcgage to t,e iwute,iiateh' uuc sod payable. I~rnuer shall have ~t•aivecf such
<br />option to accelerate if, prier to the sole or transfer. Lender an,i the pc taco to tvlaont the Property is to be sold or
<br />transferred reach agreernent in writing that the credit ui such pei~nn i~ catisiactory to bender and that. the interest
<br />payable on the sums secured b}• this Mortgage shat) 6e ut suci, rat,, as I ~•nder shall reyueat. If Lender has waived
<br />the aption to accelera.-c provided in thi. paragrFtyh 17 aml if L3orrou~er'.~ ~ur~t•:;or in interest has executed a writ-
<br />ten assumption agreemem aec•epied ih writing by Lender, Lender shall tt•leasc Borrott'er from a!! ubligatiaats under
<br />this Mortgage and thc• Note.
<br />If Lender exercise. such optiott to accelerate, Lender sltaEi n.sti horroti'c=r notic,:• c,; acceleration in ac4ordanco
<br />tt•ith uar::grsph I~t ;,-fro;. ~uti+ na,.u-~ sell prut•idc• a prruni <f net ie-s th.tn ;;(t i ;--,-: teens the dsn• the not1M is
<br />ensiled within tvh[ch~f3ilrrow~•r mav pa}- the soots declared due. ii B,trr„xer ; .. ., .taco =our, prior to 6he
<br />fir~t,u;c t,. .ui.c }~=:. :.". , .[ihi,.,. :ti rt its. ,,,,t,tt _.;- -,.- _ ir:~C ,:ny I•~•rttetitrs Lrr-
<br />rnitted by paragraph 1; ht-rcof~ r -
<br />~-- "3;t~ -: i--..=. lie,. z,.y}4't tlnii f-t-a..i?'r ,. t ,... ~ - ._. ~-- ~: t•.'i'
<br />1i3. Acceleration. Remedies. 1:t,•e{,• .__ },~+,c". t , E..•,,.:,,te<< €.t+ac:e Eft stay
<br />rovenant or agr,•rmcnt of Br•nvc:cr ut this Af+,rt~arr. htc(u.iwtn tlm ~ ot'rnant~ s.: ~,,;~ u!;t•a eras :nv ~atus xrc,ur,i
<br />Uy this \Itrrtga~t. I ender }n'wr to nr+•ciuattuu r•6a11 tt, t~ it cwjy -H47~J + i u~ } +,n,h~i i.t 7,,t +~-r,i},!~ 1~4 In•nt,t
<br />sltecttl•n1~?, ii) tln ntca+., +'~1 tilt at lion tr+{UUed to to}~~ ~tdp hrEa+) ~.~ ~+ 1-ft• not ]t [hat, tlnt'!V' +i,av~.
<br />frOlu the date tier mn~t,• i i tailed to l3nrrott 'r. i,~' 6~htt It 'Ut, i blt i ,
<br />t ua~.ulta~,~a"ea+a•• .+: ~ ~ t, tit.u taahu+' to rur+
<br />sock breath ou or is,•i,a,• the date s},crtficd 1u the octet nruy r+•saia itt a-~ci•Ir•iaiu•t.:. ., ;ass- k-e~nrt-~i !>v tilt:
<br />Mortgage and salt- of the 1'rup<•r•ty. I1 the brrarit rs not cured ot: i,. bcfort the d:at,~ .;,crttir•1 !.. 'li<• u„tier, Le[tder
<br />at. Lender's option uaa}' ~icciurt• ail ni the solo, securcti i,e rite, Mortgat};e to l:e antmt4fi;ttely ,It.,• atxt itayable
<br />H~ith.xit t'urthc: dcutand an+i mac foret•lus- tlri; Morigagc by uulictul i,n?rccdrng Lender alt.di i,t~ ,-nutic•d to collect
<br />m sorb proceeding all expenses ui f+treelosur:~, rne!udiug, but trot liuritc•+i to, voet> of ,ioeuw,,;a: rv €vitienee,
<br />abstracts and title rc;.orts.
<br />19. Barrowaia Right t4 RelII~tat@. Yot[e-!thstaucsing Lender', aceeieruaro:r of fire sutras -cua.1 t:v [iris
<br />~iortnage, Borrower sitali its{-~ the ~•i ht Co have arc troecctitn he-•t:n .;~• i "tv.icr to [n~
<br />• g' f ~• ~: •• iuti~° titi~ .llOie~age d18-
<br />contitauad at. any tithe frrior to entry of a judgment enfoTCinR this \Iartgage= if: uu Herron°er pays l.znder all
<br />sums which would be then due tinder this Jlurtgage, the Note and notes seairittg 'il[ttare advance.-, if any, had no
<br />accoleration occurrod„ t61 Borrower curs all 6reachcs of env other cuct•uant~ w• a:;r€•emenL: of Harrower eett-
<br />tain~ to thte ~rartgag.~, fc! 736rrower pays otli rrasonatzic ex;tenses hacurred t.n Lender ttt tvtfttrcmg the covenant
<br />and agt~manfe of Borrower containcrl in this Morirag{~ asd w enfemir,;~ ;,endrr's rctnFdie- as pen. iel~i in para-
<br />graph 18 hereof, including, but not fimited to, reasonable attorney's fees: told +di }3ornnrrr takes such action us
<br />Lender may rtrasanabiy regaire to assure that the lien of [his Mortgage. Lender's tnterc~t in the Property and
<br />Bormwcr'a obligation to pap the sums secured by thi-~ \loKgage shall continue unin,paimd. l'pon such payment
<br />and euro by Borrower, this i4lort¢age and the ob[igattons secured hemhy sloth rcuaniu its full force and et~cet as if
<br />no acceleration had occurred.
<br />29. Aeteigaasent of Re*~tsr A!opeintsseent of Receiver; Lender in t?ossstrsion. As additional security here-
<br />under-, Harrower hereby assigns to Lender the rents of the Froperty. providcal that Harrower ,hail, prior to acceler-
<br />ation under paragraph ib hereof or abandonment of the Pro}terty, have the right to collet[ and retain such rents
<br />as th9y become due and payable.
<br />IIpon acceleration under paragraph 18 hereof or abandonment of the Property. Lender. in person, by agt_nt
<br />or by judicially appointed receiver shall he entitled to enter apart, take possession of and manage the Yraperty
<br />and to collect t.ltc rents of the Property, ineiutiing those pas[. due.:111 rents eoileeted by Lender or the receiver
<br />shall be applied frrs~ to payment of the eost~ of management of the Property sod collection of rents, including, txtt
<br />not limited to, receiver's fees, premiums on rereiver's bon+is au+! reasouahle attornec's fees and then to the sums
<br />secured by this Mortgage. Lender and the receiver shall he I[ahle to account oohs for those rents actually received.
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