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<br />not extend or postpone the clue date of i:he tnantltly i:tetstlbrtents referred 'to in paragraph 1 and 2 hereof ar
<br />change the arnouzrt. of suc1: instalhnonts.
<br />10. $orrowez Not Released. I,xtensiou of the time for payment, nr modifieaiion a#• amartisatinn of the sums
<br />secured h•y this ~'lortgage grsnteci by I.encler to any suecessnr in intt;rest of Borrower shall nor, operate to release,
<br />in any manner, the 1'iability of the original Borrower and Borrower's successors in interest. Lender shall not be
<br />required to commence proceedings against such successor or refuse to extend time for psyruent or otherwise modify
<br />amortization of the sums secured by this \tartgage )>y reason of any demend made by the original Borrower and
<br />Borrower's successors in interest.
<br />11. Forbearance by Lender Not a Waiver. Any forbearance by Lender in exercising env righE or remedy
<br />hereunder, ar otherwise afforded by applicable late, shall not b~ 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 liens or charges by Lender
<br />shall not .?e a waiver of Lender's right to accelerate the maturity of the indebtedness secured b}• 'this Mortgage.
<br />12. Remedies Cumzxlatiae. all remedies provided in this \Iortgagc arc distinct and cumulative to any other
<br />~ right or rtmady under this AIortgagc or afforded by law or cquit}-. and ma}~ he exercised concurrently. independ-
<br />ently or suecessiveh•.
<br />13. Successors sad Assigns Bound; Joint and Several Liability; Captions. The cotenants and agreements
<br />herein cantsine;d shall bind, and the rights hereunderitall inure to, the respectite successors and a signs of Lender
<br />and Bnrrocver, stilijecU to the provisions of paragrxt?h 1. hereof. Ali covenants and agreements of Borrower shall
<br />~` bt: joint and severat.'Phe captions and heading: nt Chc paragraphs of [his Mortgage arc for convenience only and
<br />arc not to be used to interpret or define the provisions hereof.
<br />~ 14. Notice. Any notice to Borrower provided for in this AIortgagc sittill he giten by mailing wch notice b}•
<br />certified uzail aditressed to Borrower at the Propert~~ .lddres: aate~l helot+, except tar ,toy notice requited under
<br />paragraph 18 hereof to be riven m Borroter nt the manner prescribed b}• applicable law. Any notice provided
<br />for in this1Tort--gage shall be deemed to have been given to Borrotscr when given in the manner design_ued ir,•rein.
<br />I5, Uniform Mortgage; Governing Law; Severability. 'Phis torn of morigagc comirines uniform cove=rants
<br />far national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform aec,1-
<br />rity instrument covering real property. This M,u•tgage shall be governed by the tart of the jurisdiction in which
<br />the Properh• is located. In the event That any provision or clause of this \fortgsge or the Note conflicts with
<br />applicable tats, such conflict shall not affect other provisions of this \Iortgagc or the Nnte which can be given
<br />effect without the conflicting provision, and to this end the provisions of the Aiartgage and the ?vote are deolared
<br />to be severable.
<br />I[i llorrower`s_ G4ny_ Borrower chail hr furrt;sl,ed :- _onfo!•med copy of this Alertgaga at the time of e..°sua
<br />Lion or after recordation hereof.
<br />17, Transfer of the Property; Assumption. It' alI or any part of the Property or an interest therein is sold
<br />ar transferred by Borrower without, Lender's prior written consent, excluding (al the creation of s lien or encum-
<br />brance subordinate [o this \Iortguge. 1h1 the creation of a purchase n,oncy security interest far household appli-
<br />ances, lei a transfer by devise, descent m• by operation u#' L•nt upon the death of a joint tenant or jdl the grant of
<br />ai.ny leasehold interest- of three years or lee, not containing an option to purc}tasc, Lender nzsv, ;ct. L€nder's option,
<br />¢ieclare all the sums secured 6y this Mortgage to be immediately due and payable Lender shall have waived such
<br />option to acteteraY-e if, prior to the sale or transfer, It-ndcr and the person to tvhout the Property is to be sold ar
<br />transferred reach agreement in welting that the credit ai such person is satistactor}• to Lender and that the interest
<br />payable on the sums savored by this Mortgage shall he at such :,ate ss i.tnder shall request. if bender ht~1 waived
<br />the option to sceeterata provided in this par:zgral?h 17 and ii Borratrer's suct•essor in interest has executed s writ-
<br />ten assumptiau agreement accepted in writing by Lender. Lender shall release &trt'atsc'r fran alt ahligations under
<br />this Mortgage and the Note.
<br />if Leztder exerci`es suet, at~tiarz to accelerate, Lrndcr sha':t ~naii I3errawer nn[tcc of acr_.ttcra.tian in aetrudarat~
<br />whir paragraph I# hart=ut. ;;act, nouc~ shall provide a t~triocl of nut lea titan :IU rays Trout rite tie=_ rise, n,~ti~-~
<br />na>.ile.I tsitl:ic wl,it•t: Lurrctw,•r roar Iia'_~ tlrc -mne do •t.tr„1 ,+u~. It 13ortt,tstz tar - ;,au .,.t `, , t...> [er;tx to tt
<br />expiraiian of >.;eh pt•ria,i, Lrtedrr roar. ,sithaut iurthcr mstzce or dcn,and nn lii,rrowcc mtnk,~ am rcnte'tlic>; per-
<br />mitteti by paragraph ]'t la='renf
<br />:~,;ti-i`rr,rt+',t t'„ve_t:ax2~r:. Ilurrtnte-r noel Lcudc•r urilu~r ;vttot,<tnt rout ar.•<, n~ Cc,tl,ns.
<br />18. Acceleratian_ Remedies. 1'~re•In :t. l,ruti,!,•~l iu t,:,r:egr.,s~h t: !,,:_•~,< ~:ta,r. 1?„rrouc.', I,nt.~tt ~>J .env
<br />~~s~tvistii nr ag, ~-rotor -I I~?rre,we•r !n [hip \i^rt„:, R',~', i.n :.e-:. „ ._._ .~.t rt„i:err t, • .:) s i., ,: a{`+' tenA ,,...- ,.- .,
<br />by thin, Mortgage-, Lender i,r'ir>r ti •u crirraUun shall nnu( nuttn^ to Bnrrotrta a& I,n,~,.t,-,i t ~ ..tzi~;ral d, t~ hr,ei~E
<br />,~peetfynt~~ ~1r tlt=• i+r,vze.i~: i2~ the arUon rrq;urr,l to curd .ooh hrearl~. ~:~, a :lat. not h•.• tl~~;n thtrtt• dace
<br />ftYtnr th,• ~inh• the n„t7er it ntatlc+{ to liontnser. In• tshiri~~ stt,~l, htt~ru•h moat tea cinTnf :,c,i ~-I ~ tL.,t ta,lnte to cure
<br />,uc•ie ht'e;a,rh on „r h,~inre the drtc specified iu the rahro was tr>ult ut rcr~d,~rattc,a „( tin wn:. .ocurea ht this
<br />MC+rtSA~e}~c L4tlii Ylc al ttN' I'r(?pl•rtc It thf hetaCh 1h oat t`UI't,l „f: ,li ht•Ia t .1:, t=;tt • ~l,t','Int , it: t~,t 1:, /tIt't', l.tllCtGF
<br />rt 1_c'tidl~•~ npt}afe tiler ~li't`tur,' :tli U1 tilt' .tinlLs ~t•t'tlrret {,~- (iil~ Mart j;tit;r t~~ Ill' In?Im4tr=it,'iy ,tile :tlHl pAVAblt
<br />tstthi . tcrttteraentstri „, ; easy torccluse this \hrrtgsgc-!,~ -;,,n, i,,l pr. ia'dntt Lc-udvr ss,ril he ,~-,.~ttcd to cQll€`=ct
<br />in suck, pr~recd,t„ti ;tli ,'til,rte..rs ct te>rcc.osur.°. :ncltliltnt;. I„it tt,~t hn,tt,~i t~~ „__c iii duruu,et~t_,~t ittdence,
<br />abFt Feecif aild tl[h' relrttrt>~-
<br />13. $wrower'e Aigfat to Roiastate, Satwithstauchng Lender~> arrilerutu,n ,tf the sum= eeurrd by this
<br />.,art•{;Aft, Isiirn3~tc? 3Amit hss~ 2n€- rt trt to hart ens ,rar2E4;inL- he~~ttn ii}• ].c°ncicr tc, ~ ~
<br />8 ! ~ t•utorcc thts Itrt~;sge dis-
<br />t'ilntiTiCtC`d a[ any tune ]n`3ar t0 entry Uf a ~1ldgllkt`Itt ClSfupC ink; t1Us At?r Ct;agC tf: tut BUFra RYr paFS Lf=tldCr aIt
<br />nuns w$ieh would l-t 3heu clue under this \IorgaKe, t}tt• ;\utc gnat naro~ =ceuriug Future :~dcyne•e-, ii any, trod no
<br />arrreicratiun aecrzr-red; the Harrower cures ail hresrht~ of ztnti oth,~r ,•ntrnant.. nr at;rcements of Borrower i.on-
<br />tained to thsa tlotigage; Tel Harrower 1>a}°s e„ r=ssr,t„ht,• ,•xt,,.,-~•- incurrr~+i P,y Lr„<],~r i,t eafarcin=_= the cat•enanta
<br />and agreements df Bifrrolp`er eantamt~i in [ht Burt e-,,.i' c,,,,1 ,a, -, t ,ere„ t- i d ~ ~ i.at i ~.,~n_
<br />graph I8 hereof, including, iwt not limited ta, ressanahh• ;,ttouu y'. fee- sn,l tdt ]Ie rrawer takes such acUau as
<br />lender may retznonably require to ussurc that the Gcn gat this \lortt;agc. Lcnder'~ interest m the, Property and
<br />Borrewer'a obligation to pay the sums seetuti-tl by thi.+ 11ar~;:u,,• ,hall cunttnttc unimpaire{1. I'pan ;ueh payment
<br />and cure Gy Borrower, thin liartgage and the obligations secured hereby shall rc•nutin iu lull force and otI'rct as if
<br />no aceeleratian h8d oaeurrei;.
<br />TAO. Aesigrunont of ReaLs; A,Rwiatmeat of Receiver; Lender in Fossoesioa. :1s sdditinnaf security hem-
<br />under, Borrower hereby assigns to Lender the rents a! The. Property, pratided that Borrower shall, prior to acceler-
<br />ation under paragraph 18 hereof or abandonment of the Property. hate the right to collect and retain such rents
<br />as they become due and payable,
<br />Opon aeceleratinn under paragraph 18 hereof or abandonment of the Yraperty, Lender, in person, by agent
<br />or by judicially appointed receiver shall he entitled to enter upon, taker posse~ssimt of and mtsnage the Prnpert-y
<br />and to collect the rents of the Property. including thosa past due. All ,,cuts collected by Lender ar the rectictr
<br />shall be alrplied first to payment of the casts of rnanagenrent of the Property and collertian of rcut_., including. but
<br />not limited to, receiver' fees, premiums oft nmeiscr` hon,1:= and reasonahlc attornr•~•'s L,cs. cud thin to the suns
<br />secured by this Mortgage. Lender and the receiver shall 60 liable ro recount onh• ~• ~ those rents rrhuzlly reerived-
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