taut extend or postpone the due date cf rite ttaanthly instnthncnfs referred #o in paragraphs I and 2 hereof or
<br />change the amount of such installme>,ts.
<br />lU. Borrower Not Released., 'Tztension of the tuner for payment ar modstictation of amortization of tics sums
<br />secured by this Mortgage granted by T,endei• to any successm• iu interest of Borrower shall not operate to release,
<br />" many manner, the liability of the original Borrower and Borrower's successor: in interest. Tender shall not be
<br />required to commence proceedings agatnst such successor or refuse to extend time for payment or othernise modify
<br />amortization of the sums secured by this Mortgage by reason of any demand made by the original Borrower and
<br />Borrower's successors in interest.
<br />11. Forbearance by Lender Not a Waiver. Any iorbearanoe be bender in exercising any right or remedy
<br />hereunder, or oL;tenvise afforded by applicable law, shall not he a waiver of or preclude the exercise of any right
<br />or remedy herewuter. The procurement of insurance m• the payment of taxes or other liens or charges by Lender
<br />shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this ''_4ortgage.
<br />12. Remedies Cumulative. .111 remedies provided in ti;is Mortgage are distinct and cumulative to any other
<br />right or remedy under this Mortgage or aftordcd b}• law or c ,wiry, and utay be exercised concurrent-ly, independ-
<br />ently or successively.
<br />Q 13. Successors cad Assigns Bouad; Joint and Several Liability; Captions. The co~•enanta and agreements
<br />® herein con'.ained shall bind, and the rights heeemader shall inw~e to• the reSpeckive successors and assigns of Lender
<br />~~ and Borrower, subject to the provision, of paragrapft ] i hen:of. All evvenants and agrecutents of Borrower shall
<br />~ be joint Bred several. The captions and headings of the paragraphs of this Aortgage are far com-enience only and
<br />~ are not to be used to interpret or define the provisions hereof.
<br />14. Notice. 9ny notice to Borrower provided for in this Mortgage shall he gn•en by mailing such notice by
<br />certified rush addressed to Borrower at the property Address st;uecl be!vay, except for any notice required under
<br />paragraph IS hereof to he giver. to Bvrrot~rr in the tnamrer prescribed by applicable law. Any notice provided
<br />for in this Mortgage shall he deemed to farce been giyrn to Borrower when giycu in the m~uu~er designated herein.
<br />f5. Uniform Mortgage; Governing Law; Seve:ability. "I'iti~ form of mortgage combine. uniform covenants
<br />inr ngtinnal use and non-unifonu covenants o•itlr limited yac•iations 6}• iurisdiction to constitute a uniform secu-
<br />rity instrument covering real propert}•. This Mortgage shall lee gnyernecl b}- the law of the iurisdiction m which
<br />the Property is located. In tlr<; event tiaat any provision or clause of 'this Mortgage or the Not-c conf3icts with
<br />applicable law, such conflict shall not affect other provisions of this Mortgage or fhe 'Note which can be given
<br />eYTect without t-he cvnfliet-ing provision, and to this end the previsions of the A'Iartgage and the Notc are de~aared
<br />to be severable.
<br />16. Bonower's Copy. Borrower shall he furnished a conformed cola}• of this ~torigage at the time of exec~:-
<br />tion or after recordatiut: irereoi.
<br />I7. Transfer of the Property; Assumption. If a!! or any part of the Property or an interest therein is sold
<br />or transterre.i i,y Borrower ar•ithout Lender's prior written consent, excluding ia~ the creation of a lien or encum-
<br />brance suhorcltnatc to this? \lurtgage, tht the rre:etion of a purchase money securit-y interest for household appli-
<br />ances, Ici a trsnster by devise, descent or by operation of law upon the death of e: joint tenant or (d) the grant of
<br />any leasehold interest o.` three year, or less not containing an aptian to purchase. Lender may. at Lender's option,
<br />declare rail the Burns secured b}• this Mortgage to be irtunedi:tteh- clue and paysble. Lender shall have waived such
<br />option to ur..celcrate it, prior to the sate or transfer, Lernier and the Irerson to wf;vm the Property is tv be sold or
<br />transferred reach agreement na writing that the cretin of such person is satisfactory to Lender nn<I that the interest
<br />paysble on the awns secured by this Mortgage shall be at such rate as Lender ,hall request. Ii bender has waived
<br />the option to accelerate provided in this parugrup6 1 i and ii Borrmver's successor iu interest has executed a writ-
<br />tern assumption agreement accepted in n•riting by Lendca°. I.cnder shall rcicasc Borrower from all obligations under
<br />khis 141ortgage and the Note.
<br />Tf Lender exercise. stash option to accelerate, Lentter stiuii :anti t5orrvwer entice ui a~~eleiaiivu isi a<cv3~a;,
<br />icrNi ha -.zE,u:,~t. tx 1~ra.vf. 9t7-•?~ rit3ilu ~iaall ptoyitie :~ lri•Flod of LEI ~€s t~~dtt aEl da}-~ flaw the slat-e the ~iatl~e a
<br />mailed .yitla~u avhtrh Br~rroa~~rr ma}• pa}• the ouna~ derlart~~-! tint. If Borr<rwcr f:ul< to p;ty suel: smn~ peter tv thr?
<br />..xl)iratpaxra ttt suz•l; pct;~~, 1.,-nd~•r nay. wtthunt t"uctiu•r ttvtltt• ur demand uta 1_3vrrgweit mtie~e am rcrnedle3'. Lu~r-
<br />ntitfrd r~ p~:raE,raltl, It+h=•re:ot.
<br />„s;.1 x{s•,,.„t t't,t~•~5 ~;•t_;. t;•,r•rartct~r atnd l,t~nclct• fttrtht„• cnven<tnt- and atnrt:t• n~ ftalluw~;
<br />1~, Ac~eterati+sn; Rowedies, t:a~.~tr; a. t>;~t.,z{t•„ ;n ;r~rug.:a,k 17 tai-trot, at,z~;a ttorraErrr`~ tarrattitr of any
<br />covenant c.r xgrermc=nt cti Be~rrrau'e~r u, :iri. Mnrttat;r, uu•htclmq the covenants to pvav whin tine any Bunts .reared
<br />i,p thin }~Lirtgagr, Lcr~dcr prtur ter acrelerattctn -hall niatl nonce to ltorrotter ue proridcd na parat;rap!t l•} hereof
<br />spee•iiyiu{;: ilt tiu• 6rcaeh. ,'?t the scone re~tutnvl to cute ouch in•caclr. tat a date, not !es than thirty lags
<br />fria;i the daft th,~ nonr,~ i- mailed to Borrocte•r. In~ a hick sucl, lu•c:u•I~ untst ire cured; curd i4t that failure to can:
<br />such breach on or bct,.er the date ;pe•rttucl in the notice ;nay re>ult iu aci•r~h•r-,riot. ,tt th.- stun >crured by this
<br />.ltortgagc nod >tde of the Property. Ii the breach r, not rnre~i w: ur hefvr~r tiu• dah• .prcified in the notice, Lender
<br />at Larndcrb vptivu nay dcchur aft of ttt.~ ,uws ..ecur._.,{ h}• ihr> AI!zrtgage to tic imnteetiatcly due end ItayaLile•
<br />without fr,~thereicntaod auef eta}' torrclo_u~ this ,Mortgage by ludicretl luocta~hng C.cndc•r shat! he entitlcv) to culleet
<br />in xw•h procewdurt; all achrn-cs e~f iareclrisurr. inriudinl:,. but not linurrd nz, costs ni ,Inrwnrutary rcidence,
<br />abSta'aets and title rel•ort-.
<br />19. Borrower's flight to Aeitustate. ~ixwithotanding Lender'o acre°h•rativn of the Bunts secured by this
<br />iYiortgage, Borrower slmll have the right tv havr any l,roceedin~s ire{;un by i.cuder to cniurce this Mortgage dis-
<br />confinued at any time prier to catty of a judgtuent enio7rmt; thr~ Aortgage iii tat Borrower' {fay: Lender all
<br />sums which wuukl t>e then due under riot. \[ortgahe, the \ote :uul Herres assuring Future Adt°anee-, tf any, had no
<br />acceleration occurred; fbt Borrower cures alt hrcarht~s of fur}~ other covenants ar rcgre•enaents of Borrvwcr con-
<br />tt3.in€tI en tt,io ~Soz•tgane: {cV unrrowar f,a,,•s _tlt aztttt f kr- .._ i ,acre -t s,.• l3~nzl itt s•nf _r tni, e':c c„t.:.aant.s
<br />and ngt~ezr.~nt~, of Florrc::e., zontaine~°t in thi .Ia..~,..,;c :tzcd ttt ~ ~.r€, i„r 1. „dot's rrst.adics ~t. it...ct~lc i . , tt~.a-
<br />graph 18 hereof, including, but not lhnited to, reasozaahtc atUtrne}'s tee-; an<! tcU Borrower takrs such action zts
<br />Lender may reasonably require to assure that the lien of this \lartgage. Lender's interest iu rho Property :wel
<br />Borrower's obligation to pay Ghc sums seeurc•et by this ~foetgage .halt rentinur usiugraiml. Itpnn each payment
<br />and earn by Borrower, this Alartgagc and the obligations scrurrvi hereb}• shall remain in full fmre and etTeet as iC
<br />na acceleration had oeeurreti.
<br />2A. Asaignmant of Rants: Appointment o! Raeeiver; Lender is Possession. As additional scearity here-
<br />under, Bormwer heretry assigns to bender the rents of the Property. provided that Borrower shall, prior to acceler-
<br />ation under paragraph 18 hereaf or abandonment of thr Property. have the right to collect and retain such rents
<br />as they become due and paysble,
<br />Upon acceleration under paragraph I8 6ereoi or abandonment of the Property. Lender, in person, by agent
<br />or by judicially appointed receiver shall he. entitled to enter upon, take possession ut and manage the Property
<br />and to collect the rents of the Property, including those past due. All rents collec•tect by I.enclcr ot• the receiver
<br />shall be applied first io payment of the costs of management of the Property awl collection of rents, including, but
<br />oat limited to; receiver's fees. premiums on receiver's bonds and reasonably attorney's fees, turd then to the Bunts
<br />secured by this \4ortgage. Lender and the receiver shall he lirtble ro account only for those rent.:u•uutlh• received.
<br />
|