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<br />clot exten6.1 OI' f)gFnt pdi2 1112 dUe datC 0] t17e 1910I-t l'.1}' ln.~ttlln'tent~ 1'eferP2r1 to In pai'3g7'$i,)]lfi ] and ;~ 11CTe4f nT
<br />nhange~ tilt: amoutrt of su21t instailm2nts.
<br />Ip. Borrower Not Beteaaed. F.xtenrizru t7f thc° #irne for payment m• invdifir_:~stian of arnartization of the sts~ms
<br />secured b5 this lSvrtgage granted by Lender to snv successor in interest of Borrower sigall r?vt vl'~2rate to release,
<br />in any tnanner the liability of the origins! Borrower and Borrower's successors in interest-. Lender shat! not be
<br />required to commence proceedings against such successor m• reius2 to extend time for payment. or otherwise modify
<br />amortization of the sums secured by this _liortgagc b}• r2asou of any demand made by the original Borrower and
<br />Borrower's successors in interest. -
<br />11. Forbearance by Lender Nnt a Waiver. :1ny forbearance by Lender in exercising any right or remedy
<br />hereunder, or otl?envise afforded by applicable la+v, shall nvi he a waiver of or preclude the exercise of any right
<br />or remedy hereunder. The procurement of insurance or the payment of taxes or other hens ar charges 6y Lender
<br />shall riot i e a ++•aiver of Lender's right to accelerate the maturity of the indebtedness secured by 'this lfortgage.
<br />12. £~emedies Cumulative. all remedies provided in this \furtgage are distinct and cumulative to any other
<br />~ right yr remedy under this Mortgage or a(iorded hr laa+' or equity. and ma}• I~.,• exercised concurrently, independ-
<br />entry or successively.
<br />1$. Successors and Assigns Baund; Joint and Several Liability; Captions. The' covenants and agreements
<br />herein contained shall bind, and dre rights hereunder shall imn•c tu, the: r2specfive successors and assigns of Lender
<br />and Borrv++'er, subject to thu prvcisicua of paragraph I i hereof. III co+•enant_~ arnd agreements of Borrower shall
<br />be yoint and several. The cap±ions and headings of the paragraphs of this \[ortgage are for con+•enience only and
<br />are not to be used to interpret or define the provisions hereof.
<br />~ 34. Notice. Any notif~• to Borrv+rer provided for in this Alortgagc shall be given by mailing such notice b}-
<br />h certified mail addressed to &irro+cer at the Property Aeidre~s stated helve'. oxecpt fm• any notice required under
<br />paragraph 18 hereof to be gn~en to Borrox'cr i,l tlic u;anner prescribed b}• aplllicablc h;n. Allc notice provided
<br />for int--hisllot•tgztge shall be deemed to hate been girerr to Borrower when gi+•en in the n?anner designated herein.
<br />I5. Slaiform Mortgage; Governing Law; Severability. This forty of mortgage evmbines uniform roc, Iants
<br />for national use and non-uniform covenants +vfth limit-ed +•ariations by jurisdiction to constitute a uniform secu-
<br />rity instrument covering real property. This Mortgage shall be governed b}• the la++- of the jurisdiction in which
<br />the Property is lecair-d. In the event that any provision or clause of this Mortgage or the Note conflicts with
<br />applicable law, such conflict shall not affect other provisions of this \lortgage or the Note which can be given
<br />effect without the conflicting provision, and to this end t-he provisions of the AL,rtgag2 and the Note are declared
<br />to be severable.
<br />ifi. Borrower's Copy. Borrmver shall he furnished a conformed copy of this Mortgage at. the time of execu-
<br />tion or after recordation hereof.
<br />17. Transfer of the Property; Assumption. If all or any part of the Property or an interest therein is sold
<br />or transferred by Borrawcr without bender's prior written cvnseni, excluding fa) the a•catian of a lien or encurn-
<br />branee suboniinate to tlns Mortgage, tbl the creatiolr of a ]nu•chase moue}• security interest for household appli-
<br />snces, (ej a transfer h}• devise, descent m• by operation of I:a+ upon the death of a joint tenant or (dl the grans of
<br />any leasehold interest of three years or less not contaiuiug an aption to purchase, bender rosy. at Lender's option,
<br />declare all the sums secured by this Mortgage to be nun?2•aiatcly due and payable. Lender shall have waived such
<br />option to :u•celerau if, prier to the sale or transfer. Lender and the person to whom the Propertyts to be sold or
<br />transferred reach agreement in writing that the cn•dit of such person is ,ati,iactm•}- m Lender and that the interest
<br />payable on the sums secured by ibis iortgage shalt be at such rate as bender shall request. If Lender has waived
<br />the option to accelerate provided in this paragraph I" :tad if Borrower's successor in interest leas executed a writ-
<br />ten assumptivn agreement accepted in writing by Lendel•, Lender shah release $vrrv++'er from ail obligations under
<br />this 14lortgage and the Nots.
<br />If i.et:der exercises such option to acccier:tte, i.ender shall nuiii Borrower not.ire of acceieratiaza in accordance
<br />fettle paragraph i•# iir•reuf *tucs, n~t.t r ...-tit prayidt° .t ircriu<i :i , ~ t icy' ti~an 3tl .a}. :tom ttic• date the riotiee i<
<br />mailed within w•iuch iiartawer• naay par the sums dcclarctl due If Burruu•er fail. to pay such sans prior tt: flee
<br />-u[;t.°t•,, r.f ~ue3: ,__..r_t I.e ,cl?r ., +:•;thnlat inl74le,r !?ot ice ._. :leraaa,aii on Bo.,.+-a'er...,,ok€~ - t4'tt:~.~,t°~ ~~
<br />tniitet~ by parar;rapla.18 z :roof.
<br />`c. ?'tFtan~ :'a:a•:.•r~~~-~-. I~ua•rctvr'I u..u Lc~ndea turtlac~r c.-..~taat;i at,d a;_'.t~t> tF. f•.?ll::;__:
<br />i~, Acceleratiaz:: Rerttedies. Facept as prv~idfd in :r;trnhr:q+ii i~ iaereor, upon Borrn+i•c•r'• hreac,h cif any
<br />evv2nant ar agreement of Barro+eer iu this \Ivrti;uge, iuciutiint; the cuyenunta to pay ashen due an}• >wns secured
<br />by this Mortgage, lender prior to acei~icrstiun shall ouzii nptir•e to liurron~cr as provided hr par.tt;raplr i~ he^re•nf
<br />sp2nify;nR: tll the breach; t2i the :u'tiou requvwl to rum surh~hmaeir: r3) a date. not less than thvt}• ciar-
<br />from the date du' notxe is mailed to 13orroerr. by trhic6 xuci, hrearll must he curet{.:ur,i t4i tElat 1:tiluro to cure
<br />such breach on or bi•furc the ciatx~ speriticd iu the notice nos} result tai acceleration of the suni~ ~et•ured 6}• this
<br />1'IorC.gage and sale of tLc Property. if the iareach I3 nut rurfd ou ur before the date ..pcrttied in the notice, lender
<br />at bender's aption may declare all t:f tht• =ma:' ~efur+al 1,• •Ir:' Zlurtitagr ,iii' muI?+<]s;tfiv ;Fn atf payable
<br />without further demand and naay fvrerlose• this ~h?rtgake by iadi,°lal proceclfint; Leerier ,hall hf cnt~t~~ti rv collect
<br />in such prroceeding all expenses u; foreclosure', inclaline. but +nrt hmin•d tu, coax of documcnt;;rv esi,ience,
<br />abstracts and title repvrt,.
<br />19. Borrower's Right to Reinstate. At'xe'rth>usnding Leuderb ;u•reierauon of the souls >reurrd by this
<br />14iort¢aee, Burrower shell have the right to haee any procecdin f. hewn by Lender' to euioecc this Mut•riti~o di__
<br />continued at any titne prior t-0 entry of a judgment enfotcin{t tlu_~ Mvrtgage ri: t.u Burrower pays Lender all
<br />sums which would be Then due under this \(ortgarc, the Rote nn.. notes securing Future Ad+•ancr*, if any, had na
<br />acceleration occurred; tbl Borrower carts ttll b~reaehes of any other covenants or agreements of Borrawcr con-
<br />LdInfRi in tars ti1ilILfy$iye tCi I]t)rraRer pays ati iea50natale t\f~a'Fises Iiafiirri':1 t>y l.entifr in i'niarfjng tits f'O+"manes
<br />and a~r~tlte_=n_t£ of Fsorri~wer Cont3ltLt£d in ti?is ~Ii_,rt~,ake' anti in rniurcin~, Lrzulcr-. n>nrelies a= ]rravided in pata-
<br />gmph 1~ hereof, inchding, but not limited to. reasaz?abh attorne•}•'~ ier_<. an,l i,it Borruwt~r takes such aetivn as
<br />Lender may reasonably require to assum that tht lien cal thrs \lurtgage. Lendtr's intemst in the Property and
<br />Borrower's abligatian to pay the sums secured hr this MortGa,e .hall evntinuc uninapairttil. t'pon such prtyutent
<br />turd cure by Borrower, this lfiortgage and the obligati ins secured her•eh}• shtril reurain in full force and effect as if
<br />no acceleration had occurml.
<br />80. Assi+}ament of Ret-~t Appointment of Reeeivor: Lender in Possession. As additional security 'here-
<br />under, Batrower hereby assigns to Ltttdtr the teats of the Propert}•. provided drat Barrde•tr shat{, prior to acceler-
<br />ation under paragraph IS hereof or abandonment of the Property, have the right to collect and retain such rents
<br />as they became due and payable.
<br />Upon soccleration under paragraph 18 hereof or abandonment of the Yroptz•ty, Lender, in person, b}• agent
<br />or by judicially appointed receiver shall 6e entitled to enter ulwn, take possession of and manage the Property
<br />and to collect the rents of the Property, including those past due.:Vl rents toilccteti ir} Lender or the receiver
<br />shall lea apgiied first to payment of the-costs of nranagetnent of the Property amt collection vt mats, including, but
<br />not limited tv, receiver', fens, premiums vas receiver's bonds and rcasvnabie aetvrne}•'s fees..m,i then to the sums
<br />secured by this Mortgage. Lender and the receiver shall be liable to attconnt onic for those rents :zftualiy reeeiced.
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