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<br />not extend ar postpone the due dato of t-hc monthly instalin~tents refo~n•e~d to in paragra{~~ths 1' and 2 horeof or
<br />change the atnromrt of such installments.
<br />Ii). Borrpvwer Not Released. I;xt;ension of tdre time for payment or motiificatian oC amortization of the sums
<br />secured by elate Mortgage granted by I',.Er~tier to any sirr.aessor ire interest o[ Borrower shall not opera$e to release,
<br />in any reenact, the liabilit.}- of the original $orrower and Borroter's successors in interest. Lender shalt nut be
<br />required to commence lrroceedings against such successor or refuse to extend time for payment or otherwise modify
<br />amortization a: the sums secured by this Mortgage by reason of any demand made by the original Borrower and
<br />Borrower's successors in interest.
<br />12. Forbearance by Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy
<br />Q hereunder, or otherwise afforded by aoplicabla law, shall not be a waiver of or preclude the exercise of any sight
<br />or remedy hereunder. The procurement. of insw.tince or the payment of taxes or other liens or charges by Lender
<br />~ shall net be a ::ait•er of Lender's right to accelerate flee maturity of the indebtedness secured by this vlortgage.
<br />12. Remedies Cumulative. All remedies provided in this Mortgage ar dist.inet and cumulative to any other
<br />~ right• or r~nuedv under this \[ortgssgc or aRarded by late or equity, and may be exercised concurrently, independ-
<br />`^ ently ar successively.
<br />13. Successors and Assigns Bound; Joint and Several Lrabitity; Captions. The coventurts and agreements
<br />' herein contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender
<br />~ and Borrower, strhject. to the provisions of paragr:qr6 17 hereof. All covcttants and agreements of Borrower sha21
<br />1~ be joint and several. The captions and headings of the paragraphs of this \lertgage are for convenience only and
<br />are not to be used to interpret or define the provisions hereaf.
<br />lA. Notice. Any notic•c to $orrower provided for in this Mortgage shall be given try mailing st;eh notice by
<br />rertifted mail addresscNf to Borrower at the Yroperey Address stated halotc. except for eery notice required under
<br />paragraph IS hereof to be giccn to $orrota~cr in the manner prescribed by applirnble late. Any notice provided
<br />for in 'this AIurtgage shall he deemed to hacc been given to Borroe~er when given in the manner designated herein.
<br />15. Uniform Mortgage; Governing Law; Severabi&ty. This form of mortgage cmnbines uniform covenants
<br />for national use sad non-uniform covenants with limited variations he jurisdiction to constitute a uniform secu-
<br />rity II1Strmtrent t'aVCTltig teat praperLY. ibis .\IDrt gage Bllali be gVt'ertteti by i,hr tae' of iiic jlrii6diuti~ti it ::'hit.
<br />the Property is located. In the event that any provision or clause of ibis A'fortgage or the Ntote conflicts with
<br />applicsble law, such conflict shall not affect other provisions of this lortgage or the i~'ote which can be git•en
<br />effect without the conflicting provision, and to this end the provisions of the Mortgage and the Note are declared
<br />to be severe ble.
<br />lo. ;?o ~::r,;er's Copy. I;crrawer shall ire furnished a conformed copy of tiriz \{artgage at Lha time of exau-
<br />tion ire after recordation hcreoi.
<br />1?. Transfer of the Properly; Assumption. li all or any part of the Property ar sn interest therein is sold
<br />or tr:tnsferred by $orrower without Lender'- prior written consent, excluding lal the creation of a lien or encum-
<br />brsnce euhordinate to this Mortgage, thi the. crentiort et a lurchase ruenev security interest for household appli-
<br />anees, tc;! a transfer by devise, descent- ur by operation of late upon tht~r deaUr of It joint tenant or (dl t-Ito grant of
<br />any leasehold interest of thmc years or less not containing an option to purchase. Lender may, at Lemler's option,
<br />declare all the solos scented 6v thisliortgage to ere imnraiiatch~ tiuc tend payable Lender shall have waived such
<br />option to accelerate it, prior to the sate or transfer, Linder soli the {+crson to whom ti.e Yroperey as tai tae sold or
<br />transferred reach agreement in writfng that the credit of such person is satisfactorc to Leader sad that the interest
<br />payable on the susus sc•cure<) by this Mortgage shat! be at such rate as Lender shall rec{nest. Ii Louder has waived
<br />the option to accelerate provided in this parssgraph 1 ~ and ii $orroe•er's successor in iuterest has executed a writ-
<br />ten assuruneion agreement aecepteti in writing by i,cndet•, Lender .hail release Harrower from alt obligations under
<br />thrs l~iortgage and the-Note.
<br />-- -~.".'~... ~.. .~h.` ,.h wit ,;I An,~~n,.•n. , nt ni u • alarut.ina nnnrdannp
<br />a_ i,.~r.iiea esri r_e- ,.~,. ten: , .. ~ -,... _.-.. - _ . _
<br />li'=th r'x°agraph I'I 11[ra`t`t "`ut'h t*tltl~t. 31ni11` prtrl'r;ls'`n trerltki ltf rttrt IeR* thatr :~tk ci--it'S fl'ataa lire daft' ttrC [t4ttr?e tt<
<br />nestled t+~atbitl which L3rtrotrer iu,ry pad the sums declared du.'. li Haratcer far' to [rsy~ suelr sums letter to the
<br />expiration of such peeled, Lender may- trithaut fnrtin•r notice ar demand ou $urtvtcer, invoke auy remedies per-
<br />mltted ll}• Frarngrapir i t+ ilettiaf.
<br />\rtm-1'sta"urt~t ('uct:xn:v°rs. Rorro~cer ;uui Gender further cuvenirnt tool aa;~ree u>, Faltutvs:
<br />1$_ A+rceleratio~ $emadies. l•~ice°lEt ti• tuovidt~.l in ;tareigrttld~ I: l;E~t~~ai, epees. }~<_tt•roH-v^r' Lrsaalt of any
<br />coy:=tt;tnt ter ugt,a•ti;arrt ai Boeraacr ir. Nna Mortgage'. inciudtt~t; tht~ eattlrtnt. ire {+xv wit+m cloy rat=} ~uurs sc-cureti
<br />!ry lht. 3I„rtgagr, 1., .. it ~trtus to stccclrt;+tron shall uurrl uutiee to ISorrutcrr as lutrvidctl ut lEatrxrgrtrplt l~- ht^scof
<br />speeifymg: t1t tier hn~ac6; t'~1 tha• acunn rr.{uu~e~l to culc such bliach: r:l) a dat.•. net hss than thirty' days
<br />front the dah• th,' notmc i~~ :naiicKi to liurrtnccr. I,v wlurh ,nth hrcntdr must br toted: utxi r~it that fatlurc m rare
<br />strh breae;r ant or Le±orc the date sprcifred io the Wooer Wray resuh in scroll^rction at th,~ sums wcur~'d by t'•=>`
<br />~torigage and sale of the' Pro{terty. If the hreac6 Es uai cured on ur before the dah• .pcrititrd to t1x- rrotirt•. l.ende•r
<br />ut Lcndrr's option map deritu•r uli ni the sure, .enured by thSs Mortkatr to he immrtliruc•ty aloe and payable
<br />tcithout, further demun~i and mac forechii this Alort~,eage h}• Endicial Irroecedink. Lcncicr shalt he i"Walled to collect
<br />in sta~h proi•e~~iurg sell cxpensi~s of fnreelosure, uuhnhng, I,nt not limited to. rusts of ,iaeutut'nt:rn c+•idence,
<br />abstracts and !itlc reports.
<br />19, Bprrawer's Bight to Reiastate. \otwithstanding l.rnde~r'~ arreleratiou of the strnrs =rctrr~cl by this
<br />tiortgagr, $orrower shall have the right to have any proceedings begun by I.rnder to enforrc this Mon;;agc tlis-
<br />etrntiutreid tit any tuna prier to entry of a judgment entoTein{; this Mortga[e if: tart Borroa•ee {rev; Lender alt
<br />sums which would be thou due under this Mortgage, lire Note and notes seaut•ing Future Advances, if any, had no
<br />aceolorstion aeeurrett; (hi Harrower cures alt breaches of any other eorcnants ur af;tr~c~rnents of Borrower aarr-
<br />tsinerl in tlri_,'txa*tga~,e_ tai harrower pay+alt teases ebte vr,,er;se. iuc~rrrr~i by Lender in enftrrc~irrg the cavenanta
<br />a^~ ~,re°nr°=.+~ of t?erra..e. cant=reed a^ klei< MinrtF.EF and ice ~ trforei..~, Lt n.l ~, ,~ n.ediE= : ~ {}ra. td.x, s ; gtttra-
<br />gmph 18 hereaf, including, huk net limited to, rensanable attm•ney's fees; anti tdi $orro+ver takes such action as
<br />Lender Wray reasonably require !a assure t-hat tiro lien of this \tortgagr. Lender's iuterest in the I'rc;rertn^ and
<br />Borrower's obligatiotr to pay the sums secured by tills MertKagr sltaU coatimte clninr{rairrtvi, l'pou shah payruem
<br />and cure by Borrower, this :~ortgage and the obligations secured botchy shall remain in lull force and effect as if
<br />no acrelaratian had occurred.
<br />2t1. Assignment of Ram; A}~wintmeat of Receiver; Lender in Pr~ession. As additional security here-
<br />under, Borrower hereby assigns to Lender the rents of the Property, ln•ovided that Borrower shall, prior to sseceler-
<br />ation under psragraph 18 hereof pr abandonment of the Property, have the right to collect and retain such rents
<br />as they become due and payable.
<br />Upon acceleration tender paragraph 1$ hereaf a• abandonment a[ fire Yrroperty, Lender, in person, by agent
<br />or lay judicially appointed receiver shall he entitled to entry ulaon, take possession of and manage the Property
<br />and to collect the rents of the Propert}°, including those past due. All runts colic{:fed he Lender or the receiver
<br />sha!- be applied first to payment of the costs of ruanagement of the Praperty and collection of rents, including, but
<br />riot liar>;ted to, receiver's fees, lrren:iums en rcceiver'= laurels stud reatson,ahte atttrrncy's fees. and then to the steals
<br />secured by this Mortgage. Lender and the receiver shall be liable to account only for t!rase rents artualh• received.
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