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not extend +}r postpone. the due date aY~ the monthly installments rrferreti to in laragraphs 1 and 2 hereof or
<br />change tilts :unounit of such inst<tillznents~
<br />10. Iorrower Not Released. LJxtension of 'the P,ime tier patyment or modification of amortization of the Bums
<br />secured lry t,itis 7lartgage grantt~l fay J,eaider to aany successor in interest of B<>rrower shall root Gpcrat~e to release,
<br />in any manner, the liability of the original Borrower and Borrower"x successors in interest. bender shall not be
<br />required to ce..nmence proceedings against such successor or refuse to extend t.in-ie for payment or othet•wise modify
<br />amortization of the sums secured by this Mortgage h}• reason of auy demand made tic the original Borrower and
<br />Borrower's successors in interest.
<br />IJ. Forbearance by Lendez Not a Waiver. :\ny forbearance by Lender in exercisisig any right or remedy
<br />hereunder, or otherwise afforded by applicable Isn•, shall not i,e a rt•aiaer of or ptechtde 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 be a u•aicer of bender's right to ucce[erate the maturity of the indebtedness secured b}• this Mortgage.
<br />12. remedies Cumulative. all remedies provided in tiiSs \Im•tgage are distinct and cumulative to anv other
<br />H right or remedy inflict this Mortgage m• u(fm•ded hy~ law or squib-. and may, tic exercised cm;eurrPntly. itn9epend-
<br />~•~ entlp or successively.
<br />(°~ 19. Successors and Assigns Bound; Joint and Several Liability; Captior~. The covenants and agreements
<br />herein contained shall bind, and the rights hereunder shall inure to, die respectivi~ successors anal assigns of Lender
<br />~ and l~orrawer, subject to the l?racisions of paragraph 1 s liereaf. All covenants aml agreements of BorrGw:.r shall
<br />Q be faint and se~erai. The captiota and hesciings of the paragraphs of this \lort~agc are far roncenience only and
<br />f are not to be used to interpret ar rtefine tills, provisions hereof.
<br />~ 14. Notice. .any not-ice to Burrower prodded for in this Alurtr=•ane siJSL' i,o .;,rrn by mailiul; such rat-fee by
<br />certified mail addressed t~ Ban•ower nt the Yropertr :lddre=~ ~tatcd i,cluw. ~~.:ri=1,2 fur an}• notice required under
<br />paragraph 18 hereof to be given to Bon'oiier in the uiaunc. Inrscnhcd i,p ,,pE,,,~uiic l:w~ .-1m~ retire lrovided
<br />for in this \tartgage shad be deemed to have been [riven to Borrawer it iu~n ~ivei: m ain• saanrer ,{csign:etcd herein.
<br />I5. Urufozm Mortgage: Governing Law; Severability. 'rbi~ fc,rn, ui mortgage i'ombires unifarin ,-T,':r•nants
<br />for natioua] use and non-uniform covenants with limited variations ba- tin•isiitction to eonstit-ate a unit'orru secu-
<br />rity instsutr:ent covering real propert}•. This Mortgage shat! la: governs: lay the law o* tits jurisdiction in winch
<br />the Property is locatc<i. In the event that any provision a~ clsuse ai H:is Aiortgat;c nr the Mote conflicts :vith
<br />applicable Isw. scch cont3ict shall sot a:Iert other provisions of this Mortgage or the Vote which can tie given
<br />effect without the i'ontlieting prosision. and to ti:i= end the provisions of the ~lort4age and the mate are declared
<br />to be severable.
<br />16. Borrower's Cnpy. 8nrmwer shaft l c itzrr,ishe,i ;• -uniarn:erl espy of this llortt;age at the time of et<ecu-
<br />tiou or after reeorrlation hereof.
<br />17. Transfer of the Property; Assumption. Ii all or any part of the Property or an interest. therein is sold
<br />ar transferred by Borrower without bender's prior written consent. excluding ta:i the, creation ot• a tier. ar encum-
<br />brance subordinate to :his \Iorteage, iht the r•rcation of :~ purebast- nwmy security interrst. for household agpli-
<br />arces, lei a transfer by devise, ttescent ar by ope-ration of lath upon tha death of a joint tenant or (ell the grant of
<br />any leasehold iuterost of three },ears ar It`s not euntahuuh a:J option to purchase, header rnay,stt bender's option,
<br />declare all tGc sums secured by this AIortl;age to tic immediatcic due and pasrabic. Lender shall have waived such
<br />option Eo acct-leratc ii, prior to die sale ar transfer, Lender anti the };~`2~-an to n•h~~ni the I'ropertr i= to be sold or
<br />transte-rred reach ugreemem in writing that the credit of such person is satisfactory ua Leader and that the interest
<br />payable an the same secured 6y this Mortgage shall he ;it such rate ar Linder ..hall rcyuest. li Lender has waived
<br />the option to :icceleratr pnn•ided in this paragl;3ph t i aunt ii Borrower's succassar in interrst has executed awrit-
<br />tan assumpttan agree-anent accepted iii writing by Lender, !.suffer :hall mlcuae Borrowee {corn alt obligations order
<br />this I1lortgagc and the Note.
<br />.. ........... ,.~... ...~~~.,.._ .,~v_._...... ...-..._..,.. ., «. ~_,~_. _.,.z._ xt?:al Wtt ..-~._. U, a~'t`zzerYkElt3 {t: i2£'i:{1?`4:~:?L"£-
<br />ivitii parngrapir 1•i i;emai. such niftier >htiut -__uviric t Irc•riod 2-t tJrit ~e- t ,cr, 342 ...1. _t•ra 2- iii«, ,tare rhr- ,ionic
<br />niailc svidJh, x•liicti [32arrawcr tuts ,,iy' die cuui~ •!ul..._..lur If liot,ra,:rr f.:. ._ ,a~ .-riF..422. uri=,r to flit
<br />expiration of such period, !.ender may it ithout further uoure fir ,i<iuamt ou ttr,rnncer. tni~ak,- anv remedies ner-
<br />€nitted lay }xara•r:ap}t l! hert~of - .
<br />~; iS~-i•FTt'n N3i1 t`rii`i:~as`r•,;. 1~urr„et-,`r ant! l.t'ni1Pi' Ill1'i tH'P e1JCentint :Ul}1 a~.; l'e~_' n.~ ?t,l 1, iAys,
<br />T9. Acceleration: >tamcdies- E:~riqu a. ;,rr,i~iJl,~ii ui ~`:uu;`r.Jl`i; I; k,. ;. -, ul,~ti liurroii~er , br.`aeb cif ~v
<br />-7)v ~t '.iii i`i a~f t 2_ _.i t lit tC awl I t r: i 11 - r -Jt y',l Ill kl::l ~; Itt. .':T; 1!4 =i t i t 11i' i ti - - ItF n Jt-~ "- - {
<br />by tEu_ A(nrtga.,t, Lenih. I,rnir t„ .irJ i ~, i;iruJU .h:rli n2.il notu•e to liutioti r aa~ l rrri ni`•.l it, p,ti.i,yi.q>;r 13 ~l c:raif
<br />spccit}-ink: tli rh~~ tits>u•}~, ~?, the :n~u~a: .r,tinroii to curt such hre:ul,, ~3i a `I;u.- niri Ir•s th;ui thirty ,knc•
<br />irau~ the doe the roues ;~ r.:;ulc-d to Hinrri:;ci. i`y ir;,:clJ -;trl, l~reaeh nrt>i bc• e,n-i,i.:u„1 i-}} that ftiiiurr to cure
<br />~ucli breach nn or hr i4rc d:r `hoc >(ir~ iticri ii: thi~ txrtir,~ Juxc_ re.ult to acc,`Ivrcuen of flit -um~ secure={ by Ship
<br />1(or ,agr and uci`• ri rhr• l'n>t~.•rt,, ti t4ic S,rr,Tr- ,. nut ran;( u,. ur hcfinr .i„• dxn~ .a,rritli,! ,.. , nr`t.+e, Lct;drr
<br />at Lendrt's option maw' ~ ;ui~ all .;f rhr .ai,,, scoured iiy~ flu, Mortett~r •o tic` uumrduitrly `u: and nav:tbit.
<br />without flirthet <IenJand -,,.. .,,a. ,-i,-,r.u-.r-flu. Murt~,-1 ~;r i,y= iuriicini prw_-camp, l ui±lr•r -.!full he r•nt2ticri tG crelleet
<br />111 ^1UCh pYVCef!b Ot; 311 exprnSt.-~ t1; tt'ri'o tr,Fi~tl' tM'in~1111 [;. !Jry[ tf~,C lnttlt et; tP, fa5t> 1`1 :'Ur41;lU'.I:.11'C CV'1t1AnCP,
<br />absu'ac.ts anal title rrports.
<br />1S. Rorrowsia Right to Reinstate. Aat+ntii>tauduit; Leader's ucceleritiriu ct thr~ sums st~~~ir~.; iii thin
<br />Mortgage, Borroer ,hula =`~uyx, the right to hays ant pror~`.imts btrguu hy° 't.rndcr tai curette this Ah,rcgage ilie-
<br />aGn%inued ai arty tam. prior io entry, ui n ju,tt;nieat enforcing dti, ~lurtt;atFC if: ui~ Borrower par. header all
<br />sums whiefi would be theft due under this \lortgage. the tithe :uxi states seettring Faults ? dvauren, if anv, had no
<br />accelaration occurred; ih) Borroe~er seizes all breathes of anti, other cayenants or agreements r?f Borrower con-
<br />tained in rifts ~'Jortgagc; iCl ;3Grrowar paj^>, x1i rear.Gti:ible espt n etisiirrtvi h.• 1 r ter itt ,...jr~rt.;.i~• tire+ :•.~4.•.•ritintz
<br />and at~raernents Gf T3Grrawcr contained in chi Mori. ~inil .-!--.. ,~ t ,. i t..E.ii=. • . i rf :;!..l .., iTara-
<br />~'aph IH hereof, indttding, 1>ut not limited tG- re.isanstde attorney,'- arr..,: and id i $orra`scr lakes such actiGn as
<br />L.endor may reasonably require to assure th=u the lien of tlu~ Mortgtt{;r, Lrndr`r's interest in the Propcrt}• and
<br />Ilarrower's obligati an to pay the sums +eeured by thi-~ Murtgagr' ,trail camtmie iuuin}rau•e,L Lrpou :such in~yntant
<br />and cure by Borrower, this 'tiortgage one} the obligations ;ecurc•d luarhy shall rcuutin in fill farce and sliest as if
<br />no aecelerat,ion !tad occurred.
<br />2f1. Avsi~rant a! mats; Appoiatasent c! Receiver; Lender in Possession. :~ additional security here-
<br />ttnder, Borrorvah heraby assigns to ? Andes the serfs ai the Prolx•rty, liroyiried tliut Darrower shztlh prior to acceler-
<br />ation under paragraph l8 hereof of abaridonnrent of the Prni}erty, bare rhr right to collect and retain such rents
<br />as they become due and payable.
<br />Upon acceleration under paragraph 1H hereof or ahandamncnt of the t'iroperty. lender, in person, by agent
<br />nr by judicially appointed receiver shall he entitled tG crier ui?on. take po~ession ai and manage the Property
<br />and to eoliect rho rents of the Property, including those past due. 311 rears callccted by header or the reccirer
<br />shall bo applied first to paytuent of the costs of management of the Property and collection of rears, including, 6ui
<br />not limited to, receiver's fees, preniiuins on receiver's bGndr snd _r._~~nahle otter±u•v'= sera. =and then t ,rhr smn:
<br />secured by this'.4tortguge. Lender and the receiver shall tie lialilr` uT ticeount onfv for rho>o rents aenuilly rrceiyed.
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