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not extend or postpone the due date of the anant.hl}• it:~anlhncnts referred to in paragraphs i and 2 lrereaf or
<br />change the amount of such installments.
<br />Ifl, bonawer Not Released, ;;xtettsion of the time for 1)aymetrt ar mo,.iticatian of ;ttnortization of the sums
<br />secured by this lortgage granted by Lender to any successor in interest of Borrower shall riot operate to release,
<br />in any manner, the liability of the original Borrower and Borrower'. successors in interest. Lender shall not be
<br />required to commence proceedings against such successor or refuse to extend time for payment. or otherwise modify
<br />amortization of me sums secured by this \lortgage Ily reason of any demand made by the original Borrower and
<br />Borrower's successors in interest.
<br />11. Forbearance by Lendez Not a Waiver. Anp forbearance by Lender in exercising any right or remedy
<br />hereunder, ar otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any right
<br />or remedy hereunder. •I'he procurement of irtsttrance or the payment of taxes or other liens or charges by Lender
<br />shall not be a wxtiyer of Lender's right to accelerate the maturit}= of the indebtedness secured by this liortgage.
<br />12. Remedies Cumulative. All remedies provided in this \lortgage are distinct and cumulative to any other
<br />right ar remedy under this .llort~age m• tifforderi by Insr or cquitt•. and ntay he exercised cancurreatly. independ-
<br />~ ently or successively.
<br />13. Successors and Assigns Bound; Joint and Several Liability; Captions. The covenants and agreements
<br />herein contained shall bind, and the rights heremuier ~ha11 inure ta. the respective successors and assigns of Lender
<br />f~ and Borrower, subject. to the provisions of liaragra.pit 1 i hereof. All covenants ;snd agreements of Borrower shall
<br />yam„ be joint and several. The captions and headings of the paragraphs of this Mortgage arc for convenience only and
<br />d are not to be used to interpret or denne the provisions hereof.
<br />14. Notice. .Any notice to Barroiver procicicd for in this lortgage shall be given by mailing such notice by
<br />certified mail addressed to Borrower at the Property Address slated below, except- for :in}' notice required under
<br />~ paragraph iS hereoT to be given to I3orro~cer in the utanner prescribed he nppiirshle law. Any notice provided
<br />for in this \lortgage shall be deemed to Ilavc been gice^ to Borrower schen given in the manner designated herein.
<br />1S. Clniform Mortgage; Governing Law: Severability. This form of mortgage combines uniform covenants
<br />for national use and non-uniform covenants with limited i•aristions Lip jurisdiction to constitute a uniform secu-
<br />rity instrument. covering real property. Phis Mortgage shall be governed by the law of the jurisdiction in which
<br />the Property is located. In the even[ that. any provision or clause of this \lortgage ar t:ne ivoie connicis ivitlr
<br />applicable law, such conflict shall not affect other provisions of this \lortgage or the `STOtt3 which can be given
<br />effect without the conflicting provision, and to this end the provisions of the Mortgage and t-he Note are deolared
<br />to be severable+.
<br />16. Borrower's Capy. Borrower shall 6e furnished ;s conformed ropy of this \lortgage at the. lime of execu-
<br />tion or after reoardatimi hereat.
<br />17. Transfer of the Property; Assumption. If nll m• arse part. of the Property or an interest therein is sold
<br />or transfe~rrcd iiy Borrower without L'ender's prior written consent, excluding la) the creation of a lien or encum-
<br />brance snbardiuate to thts ~lot•tgago. (b) the nreatian of a perehane mousy security interGaf for household appli-
<br />ances, (e) a transfer by devise, descent or by operation of late upon the death of a joint tenant or (d) the grant of
<br />any leasehold interest of three veers or less not containing as optiuu [o purchase, Lender may, at Lender's option,
<br />declare all the suns secured by this Mortgage to be inunediately due and 1)ayable~ Lender shall have waived such
<br />option to neeeJerate ii, prior fa dre sate or transfer, Lender and the person to whom the Property is to be sold or
<br />transferred reach agreement in writing that. the credit of sorb person Ss satisfactut•~• to Lender snd That the interest
<br />payable on the sutras secured by this 1lortgsge shall be at such rate as Lender shall request. Ii I:ender btu waived
<br />the option to accelerate provided in this paragraph 17 and if 13arrower's successor in interest has executed a writ-
<br />ten assuutption agreement accepted in writing by bender, Lender shall rt=lease Borrower tram all obligations under
<br />this ?+lortgage rind the Note.
<br />It Ixnder exercises .uch option Ea accelerate, Lender shall :nail Borrower notsec of acceleration in accoaedaaee
<br />R'ILiI f,itCagFapil 14 nere0[. l9UC17 Hall°,. ai,ati to V,,, ic` ( . ,,..~ ;C.,., ;.:;,,., Vti ';" ,, ,, ,,, ,6. itt -i _ _ - -
<br />xtailcd witliiti wi7ici7 Borrower may liay the sums de•?laretl due. tf Borrower tai=s to pay such sums prior t~ the
<br />vxl)ir:stian of -ueh Ijrriu:l. Lender may.:s°ithaut fitrtllcr liotire or !i?rrsan;t an Rurraiier, iuvuMe any rernetiie~ per-
<br />anitted h}° paragraph 1$ hcreaT'.
<br />-t'vtt~ it,-. ..i4r-. an°r+, hnrroiiet• incl I.#~niter turtltt•r cayc=Hunt ;sari tsz;rus= ns t`a;lsiir>
<br />19, ~lcceteration.l'tetnedies. [•:xre;)t ;.> pro:ide,I in p;tragrul~l~ 17 hr°7t>af• upon 13arroivcr's breads of atry
<br />naventu)t or agreetneut of Burro+rer in this \lortgat;r, illeluding thr caventuns to pap when dm` env :urns secured
<br />by dtis Mortgagr, Len,lrr prior to urrelcrahun ~+ball Haul ttoticc to Boeeau•er lts provided in paragraph 14 hetrnf
<br />spceifymk: il) the breach: 127 the :u•tion reyulred to cure such fire~cll; `i:;f,a date, not less them 'thirty ,lays
<br />fn)m th,r date the Harlot, i,~ uusiled to Ltoreuwer. I,v ii hic6 surf hrc;u•h usust h~cin•ud: and Idi that failure to cure
<br />ueh breach ms ar tzeiaro the date sperihed Jar the l,cetico ntziy result in arc,=iertstiau cif the stuns st•t`un~l by tM=
<br />Mortgagt• and sale ai the Yraperty. li the breach is not curt`=t ur. <)r Leiorc the dot,` sprritie,l iu the Warier, Lender
<br />at. Lenders option nuly .icciare ail of thc• .urns secured 6y thi> \[arigage to 6e inuntv!ixtelc dtx` and payable
<br />wii.hout furtherdcnlliud :aid lust, toreciuce this Mortgage 6y tu,Iirittl proeeedint;. Lender siaall he entuled to t'ollecE
<br />in ouch prroceediug all ,`xperiso. ui ioreelosurr, inchuling. kcal Hat 6niitr,i to. et)sts of duc;uurnt:,l•i' ,widenr+•.
<br />al)sta•tscts and title reports.
<br />19e i3arrower'a Right to Reinstate. Aatt:stlistt:udrug ruder", a<•releFation of the kun)s sr-eurc,i by this
<br />hlart~ag'c, Borrower shall lla:•e the right to have= any praeccdings Liegu» i)y l.eiidcr to enforce tills :ifort;;age tiis-
<br />continuod at, any tittle prior to entry of a judgment cnf~cuig this \lortgage ii: itst Borrower pays Lender all
<br />sums which would he then due under this \kirt(;age, tllc date and notes seeurirtg Future Adi°ances, if env, bad no
<br />ao<:eleratiou occurred; ibl Rarrower cures all l±reac!lcs at any other cavemsnts ar agrcensents of Burrower catt-
<br />isined in this Mortgage; te) Borrower pays ail reasanahle rxite>nse imrnrr.*<f by Lender m cuforcitu_ the col°enant~
<br />and agteementr of Burrower coni.sinxt ir, this \tartf;age• and ill cnfoa•cing l.endcr'.s remedies ls. pnn•kltvl in para-
<br />graph IS hereof, including, but not limited to, reasonable attorney's lees; and id) Borrower takes such action as
<br />Lender may reasonably require to assure that the lien of this Mortgage, Lender's interest in the Property and
<br />Borrower's obligation to gay the sums secured by this ~iortg:s~;e .hall continue urinipaircd. Ciparr +uclt payment
<br />and cute by Borrower, this A•Iortgage and the obligations secured hereby *hall remain in lull force anti eflct ax if
<br />no acceleration had occurred.
<br />29. A~gsmsni of Rss:ta: Appointment of Rseeiver; Lender in Possession As additional secut7ty here-
<br />under, Burrower hereby assigns to Lender the rents of the Property. provide>,i that Borrower shall, prior to acceler-
<br />ation under paragraph i$ hereof or abandomnerst of the Property, have the rit;lu ro collect and retain such rents
<br />as they become duo and payable.
<br />C)pan acceleration under paragraph I$ hereof or ahtsndonnrent of the Yroperty, Lender, in person, by agent
<br />or by judicially appointed receiver shaD he entitled to enter upon, take possession of and mxnal;c the Yraperty
<br />and to collect the rents of the Property, including those past due.:111 rents collected by Lender or the receiver
<br />shall be applied first to payment of the coats of ruaragernent of the Property and calleetion of rents, including_ ,hut
<br />not. limited ta, receiver`s fees, premiums on re`ceiver's hauls and reasanai;o ;Ittorney's fees, luui then to the sunl~
<br />secured 6}• this dart-gage. Lander and the receiver shall he liable to account only for those rents aetualh• received.
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