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not extend or iwstpone 'the due date a( the nuantlily instabm~•nt.~ reterred to irr i:paragraphs }and 2 hereof or rha~hge the amotnit, of rush installments. It-. $arrawer Not Released. I!~xt~ension of the time for Eiatruent or motf~ifica~kuni of amot~tzation of the sums secured by this 3'lortgage granted by I.eirder to ar.y sttraessai• in inter<~st of Borrower shall not operate to release, in any manner, the liability of the original Borrower and Borrower's successors in interesi. Lender shall not be required to commence proceedings against. such successor or refiise io extend time for payment or otherwise modify amortization of ±he sums secured by this Mortgage by reason of stay demand made by the origins! Borrower and Borrower's successors in interest. I1. Forbearance by Lender Not a Waiver. .~.ny forbearance by bender in exercising any right or remedy hereunder, or otherwise afforded b}- alplicable law, shall not he a waiver of or preclude the exercise of any right ar remedy hereunder. The procurement ai insurance or the payment of taxes or other liens ot• charges by Lender shall not, hr fI waiver of Lender's right to accelerate t-he maturity of the indebtedness secured by this :lortgage_ ~ I2. Ra,medies Cumulative. :~11 reiiiedies prot:ded in ibis \lortgage arc distinct and cumulative to any other right or remedy under this Alortgage or afforded by la++~ ur cquiq•, and uuq be exercised concurrently- independ- ~ ently or successively. 13. Successors and Assigas Botmd; Joint and Several Liability; Captions. The coteuants and agreements Q herein contained shall bind, and the rights herewider shall inure ua, the respec.t.ivc successors and assigns of Lender ~j artd Borrower, subject io the provisions of p:iragrap!i i i hereaf. -a11 cotenants and agr•een:ents of Borrower sha}I be joint and sclera!. The capiions and headings of the paragraphs of this \lortgage are far cant enience only and + are not to be used to interpret or define the provisions hereof. ~ 14. Notice. .fin}• notice to Barrower prodded for in this Alortgage shall be given by mailing such notice by ~ certified nisi! ac{dressed to Borrower at Clue Yro;:ern- :',ddress started below. except for any notice required under paragraph IS hereo[ to be givcu to Borirotter in the manner prescribed ln• applicable law. Am• notice provided for in 'this Atortgagc shall he deenicci to hate been given to Borrower when given in the manner designated herein. 15. Uniform Mortgage; Governing Law; Severability. "Chic fm•m ni mortgage combines uniform carenrrnts for national use and non-uniform covenants with limited yariatians by iurisdirtion to constitute a uniform secu- rity instrument covering real }noperty. This Mortgage shalt be governed by the law of the jurisdiction in tvF,icl the Property is located. In the eyeni that any Prot-ision or clause of this \lortgage or the Note conflicts wiiii applicable law, such conflict shall not affect other provisions ui this Alortgage or the Note which can be given effect tvithou= the conflicting provision, and to this end the precisions of thcllortgage and the Note are declared to be severable. lfi. Box_rower's Copy. Borrower shall be furnished a conformed cop_ y of this ~Iartgage at. the tune of execu- tion or after recordation hereof. I7. Transfer of the Property; Assumption. 1f all or any part of the Property or an interest therein is sold or transferred by Barrower without Lender's prior ivritte:n consent excluding ta) the creation of a lien ar encum- brance wl.,ordinate to this Mortgage, fb! the creation of a purchase money security interest for household appli- ances, lc) a transfer by devise, descent or by operation of I:rw upon the death of s joint tenant or tdl the grant of any leasehold interest. of three years or less not containing au option to purchase, Lender msv, at: Lender's option, declare all the sums secured by this \lortgage to be iunnedia[ely due :Ind payable. fender shall hate [calved such option to accelerate ii, orior to the sale or transfer, Lender and the person to whom the Property is to 6e sold ar transferred reach agreement in wri*.ing that the credit of such person is satisfactarp to Lender and that the interest. paysbie on the sums srem•eet by this \~Iortgage shall be at such rate as Lender .hall request. Ii Lender has waited the option to accelerate provided in this paragraph 1 i and ii Borrater's successor it: interest has executed s writ- ten assumption agreement accepted in writing by I-eerier, Lender shall release Barrower irotti all obligations under Chia A4ortgage and the Note. If Lender exercises such option to a~ elerltc, Lender shall mail Borrower nonce of acceleration in accordance with paragrspii }d hereaf. ~ueh notice shall ptrot•ide x period of net less than iii clays itom Qre dal[; the notice is ensiled within tviiir•h Borrower inay pay the sums cicchired dtu'. Ii Barrower teals to pee such ±u[rs lirior to the expiration of such perioil, Leader tray, without furthri• niuicc or demand cm F3orroaer, invoke any remedies per- mi[ted f,y paragraph I;" hereaf. ~t i5\-I ~:~tF'rrn ~r t'ol'F: h`A \Tti. {7i li't'attF i' anti feiii{t't' Ill rthel' i'iiyeii ii nl and it} rf`t' as tt1I1(rtt lEi. 1leceleration: ti©madiea Isr•ept us proci~ier( in paragraph it hr•reuf, ^pon Borrower=, breseh oI ant f:5verr,iiit sir ogre-t-rr;+rrt of 13arracter in this ~hirtgagrr, urchrling, tbc~ rovruants to ira~• tthr°n duc• .uiy sums sr>currl by' this \lortgrtt;e, Lencicr prier to urre•Ir^ratuon shidl mail notice ko Aorro+ver as liruculed in parat;rxpli 1$ hereaf speaifyiug: 111 the hrcac!r, ill fire :u•tion rcyuircd w cure sutb breach; fat x date. niit less than shirty days tram the dau' the ounce is rnarilcvt to 13urrawer, Ire e hrcli such breach must hr cured; and i~#! theft fatltut: to eut~ such breach air or hcfare tLr date ancr~itied in the notice ^urt result in tu•cclerstioa of the souls secured by this liortt;age and sale of t,ce Yral:ertp ff the lareach rs not rurc~i or, or before the dstr specilie;l in tb+' notice. I~nder at Lender's option nisy dcclan' sit vi the smu< secured by this \lortgage to he inunrdiaR'ic drir and paysbie. without- fu;tluerdeirianr! slid map fort^c?o-sc this >lortgage try:udic•ial proceeding. fender ,}tall tte entitled to eol}ect in such proceeding ali r~xpcn.,es of lemelosure. including, fiat not liuutevi to. crtsta of docuwent:rr~~ evidence, abstract: and title' relrnris. i9. Barrowsr'a flight to Reinstate. \utu•itbstanding Leader's :ICCeleratiou of thr wens srcumd by this h}ortgage, Borrower st:ail !rave the right to !lace any ilroceediags hegmi by 1,ender tc. enfutc•c this \iartgage dis- evntInticd at any time [friar tO eriii'?i ai a )ildKiiitnt cntu~3•cmg 4iit~ =+Tari(;ri};i iI: [tri '~orrawi•r }iay~ fender ;lit sums which would. be then due under this ~tartgngc, the tiote laid notes securing Fu[um .advances, if any, hold na acealeratiott occurred; tbl B<rrower cures aU breaches of run. other cotenants or agreements of Borrower con- tained in this h~lortgage; te) Borrower pays all reasarable expenses inet:rrs'cl h}• !.ender ir. eniarcirg t}ie eacenantns and ag_ reemenis of Barrower oantained m this ~lortt;rlt;e :rod m enfori•inl; lender`s remedies as pravtcled in }iara- grnph lS hereaf, including, fiat not. limited ta, ri?aaonabh~ attornei°'s leis, and irU Iiarrotvcr tni<cs suzh aetian as Lendor may re,~ISOnabiy require to assure that- the lien of this \lortgage. Lender's interest in the Property nad Borrower's obligation to pay the earns secured by this \iorK};age shall continue uninipairc=d. I`i>an sueli pat°tnent and sure by Borrower, this 94ort.gage and the obligations secured hereby shall retuain in foil force and effect as if no aceolerntian had ocetlrred- 20. Assignment of RstMs: Appointmeat acE Rsceivar: Lender in Possession. :1s adttitianal security hcrc- under, Barrower hereby assigns to i ender the reefs of the Propert}-, prodder{ that Borrower shall, prior to acceler- ation under paragraph IS hereaf or abandonment of the Property, have. the right to collect and retain such rents as they become due and payable. Lpon acceleration under paragraph }8 hereaf or aband~mnenk of the }'roperty, Lender, in person, by agent or by judicially appointed receiver shall tie entitled to enter upon, take possession of and manage the Yroperty and to eolleat the rents of the Property, including those past due..all rents collected by I;ender or the receiver shall be applied first to payment of the cos±s of management of the Property and collection of rent., including, but not limited ta, receiver's foss, premiums mi rccrit•er's fronds and reasonahic attorney's lets. and then to the suers secured by this Mortgage. Lender and the receiver shat{ he liable to accoant only for those rents achially received.