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not extend or postpone the due date of the monthly installments referred to itl paragraphs 1 and 2 hereof or
<br />change the amount of such installments.
<br />10. Borrower Not Released. Extension of the time for payment or modification of amortization of the stuns
<br />secured by this Mortgage granted b}• Lender to any successor in interest of Borron•er shall not operate to release,
<br />in any manner, the liability of the original Borrotwer and Bon'oncr's 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 the sums secured 6y this >lorfgsge by reason of any demand made b7 the original Borrower and
<br />Borroe'sr's successors in interest.
<br />I1. Forbearance by Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy
<br />hereunder, or otherwise afforded by applicable law, shall not. be a a•aiaer of or preclude the exercise of ary right
<br />L~ or remedy hereunder. The procm`ement. of insurauee or the payment of taxes or other liens or charges by bender
<br />shall not bn a [refuse of Lenders right to accelerate the maturity of the indebtedness secured by this Mortgage.
<br />12. Remedies Cumulative. :111 remedies provided in this Mortgage are distinct and cumulative to env other
<br />right or remedy mtder this \iortgage or af7orrled by late or equit} ,and may be cxeroiseti concurrently. independ-
<br />er.~ly or successiveh•.
<br />13. Successors and Assigns Bound; Ioint sad Several Liability; Captions. The covenants and agreements
<br />herein contained shall hind, and the rights hereunder shall inure to. the respeetivc successors and assigns of Lender
<br />' and Bm`rower, subject to the provisions o[ paragraph I; hrrroi. All eovcnunts and agreements of Barron-er shall
<br />~ be joint. and severnl.'pbe captions and headings of the paragraphs of this Alortgagc are for convenience only and
<br />f~ are not to be used to interpret m' define the provision> hereof.
<br />14. Nofice. Any unties to Ilorrower provitlcd for in tltix \lurtgage shall 6c given b}• mailing such notice by
<br />certified mail addressed to Burrotwcr ut the Propern Address staled below-, exceilt fur any notice required under
<br />paragraph 1$ iu•reoi fo 6c given to Borrotvcr in the manner prescribed h}• applicable law. Any notice provided
<br />for in this \iortgage shall be dreu€cri to have been givcu to Borrot+'e'r shcn given in the ntannrr designated herein.
<br />I~ rr~:t_~ prt_.tnr.ya• ..=ovemina Law: Severability. '['his form of mortgage combines uniform covenants
<br />fur uai ,.,, ~. ,,,,. ^-,.°~ror^.: c_. a•~rs r~•;th IimStrri variations by jurisdiction to constitute a uniform secu-
<br />rity inatrnmenf covering real property-.n`phis \Iorigage sitaii i,e governed by the taw of Eite jurLrliction in which
<br />the Property is locates?. In the et•ent that any provision m' clause of this \iortgage or rite Netu ~•onflicts with
<br />applicable lsty, such emtflict. shall not affect other provisions of this Mortgage or the Noce which can he given
<br />effect- without the conflicting provision, and to this end the provisions oI the _iortgage and the Note err circiarrd
<br />to be severable.
<br />16. Borrower's Copy. Borrower shall be turnislted a conformed cope of this \iortgage at the time of execu-
<br />tion or after recordaiior. hereof.
<br />17. Transfer of the Property; Assumption. IC all or any part of the Property or an interest therein is sold
<br />or transferred by Borrower without Lender's prior written consent, excluding (ai the creation of a lien or enettm-
<br />6rance subordinate to this ~Iorgage. tbi the creation oI a purchase money security interest for housetlold appli-
<br />anoes, (c) a transfer by devise, descent or by operation of late upon the death of s joint tem;ult or Id) the grant of
<br />any leasehold interest of three years or lips not containing an option to purchsse. Linder ma}-. at Lender's option,
<br />declare all the stuns scoured by this Mortgage to be iuumediateh' due and pe}'able. Louder shall hoer wnired such
<br />option to accelerate it. lrrior iu dte sale or transfer, Lender :out the person to whom the I'ropert}' is ro be sold or
<br />transferred reach agreement in writing xhat the omdit of such person is satisfactory to Lender and that She interest
<br />payable on the sums secured by this Mortgage shall ire at such rate as Lender shall{ rerluest. If Linder has waived
<br />the option to accelerate provided in this psragraph 17 and ii Borrower's successor in inrer~t has- executed a writ-
<br />ten acsummEion a¢rern€ent accepted lit wetting b}• I Winder, Lender shalt tetease Borrower from ail uttligatians uncle-r
<br />this Aortgage and th.. Note.
<br />If }ender ~~xeseisrs s±€ci€ aptiott to a~'eelerate, Lender shall nail Borrower notice of acceleration^, in aCearda114e
<br />s•itJt },u 3grap': l~ € r.w;. wa h notFCe >t,.±( ntYwidc a ateriu t ~~ out Irs~ them 30 3ak- tren_ 1.+- story rite merles is
<br />n€au'ed wnhtn scitlc ii tiurru::-_c art. pa•' ,. ut,€; ,.. .tuz. It lsuL .et €a „ •ry .,r.: ..... ra *.-.:
<br />~,.t,~n „ rurl~ tu•rirdL_ Lender luac_ ;wnthout fw'thrr notice er demand tun Borruwrr- €uvuke any reulydies tler-
<br />„tint --
<br />°°r----° -= -- r- -- --- - -
<br />mitted by paragraph Its hereof - _
<br />\tps-[ ~trua+t t"rota.+~ r~. 13urtowrr :old Lender fw•tha=r rucc•nant and up;rrr as foliolvs
<br />I@. Acceleration: Remedios. h:xccpt :u pruvuicp! iu Iraragr:yrir 1 ~ hrrroi. upon tiorrowr_r s 6n•arb at tiny
<br />covenant or agreement of Bon'otwer i:p this A(ortkuge. iurluJing the coven;utts to pay +rlr,•^ .h;e as}~ sours ercunYi
<br />by Utis AtortF.>{;r. L<~€!dr•t' {Ir.ur to arreleratiun shall truui notice to Narruww r ue= i~roy€dr~r"t m itar~t;rl;rh t~ hereof
<br />spreefyntt;: r t, lire brcarh. r?p the uetion nY'luire.l to ewe sorb breach: p3I :l eery- nut Ire' tir:nt th€rty days
<br />f nun ti:c dot.- tlu r.4t ;cc i- nett:fled to Borruwrr, by e-hlrh sut•L 6renrh roust be coral: nod rir ti:ut fella rc to rare
<br />.nch Iprt'ae}i Un r.l' i,CtUrC the clad' sprrlhed 1!t the Writ ire' In;tw It"nit in ilcl'rlc'I'at itnt nl Iltr sml€s ^eeltCr~l 1,1' tlili
<br />yktrt gA{;e afrf aalr ui the- !'reperty_ ti the bcearh i* nut cured or. ur before the dory spccitiest ul the uuttcti. Lender
<br />at Lrad.~t~- apuon oat': deoiare all of the sum. secured by tins Atortgu{;e to hr inuuedi:url}' tiur ana payablo
<br />w ptlpuut IurtLr: drmumi amt uuq• foyer fuse titi; \iortgage by judicial prcu'rcd!u}:. Lender -hall be cnnttcd to iroilect
<br />m such prorrr.!wp•, :.II rxprr.>c•~ .,f iurcclnsurr, uuhtdnpt~. but not hu€nrd at, co,t. u: dca•uuumtxry rvtdvnce,
<br />ab+tc'ai•E- and t!t!c~ rcp.trt>
<br />E9. Bcnowvis Ri.7ht t0 Rviastaka. \atu'itkt.>tauihn{; i.rmiet''+ acrl'li*ratiun of Ih. punt; sei•ur.~# i,y this
<br />Rtortgag?, Borrower shall tiayr the right to have any I,nireedings begun h}• Limier to outcrrrr• thts \lnttgngr dis-
<br />continued at any t€me prior to rntr}= of a ludgntettt crnft~ciug this Mortgage ii: Iii Borruwrr ,pays Litnder all
<br />sums which wrould be Uten due under thix \iortgage. the lute and notes sccuru€g Future :1dr€tucea tf any, had no
<br />€iCs'c?leraCiun orrnrrtc.l: iE*i #3aiFFpitz?r i`tirfr all briar EtF'ti it any Either cot rnattts a€` at;tce€€1en€< ist Ili3r€ETN er C=tN1°
<br />ta€Ill~ €h LInS Ylal2gaYi:y tCI }3orrasve-r pays Ali 1'ratlo€tAltll' rxtirn<rc_ l11cnCCl'd by I,rn.tCC 111 enfarcl[l~ rite CalYmant
<br />and agreements of Boreawer contained in flux \Tnrtga{;r surd itt cttforru€g Lamdcr-< rentt~+iic's as ptovidikl i^ para-
<br />graph I$ hQre-a(„ iuziuding, keut not limited to, erx-sanahlr attorney'; ices: and td€ I)arrcr;vrr takes sui~h action as
<br />Leader may 1•easonably require to assure that the lien of thi= \iortgage. Ixuclrr's intercvt itl she Pro}arty a:u!
<br />Borrower's obligation to I,ay the sums secumi by this Mortgage shall continnr unintpairirl. Upon such payment
<br />and cure by Borrower, this Mortgage and the obligations seeurecl hereby shall rrniaiu in full fnree anti effect as if
<br />no acceleration had occurred.
<br />RU. Aarirynmatt of Reetta; Appointment o! Receiver: Leader in Poasetraioa. As additional security here-
<br />under, Borrower hereby assigns to Lender the rents aC the Property. provided that Borrotccr shall, prior to acceler-
<br />ation under paragraph I$ herea[ or abandomnent of the Yroperh•, hat's the right ro collect end retain such rents
<br />as they become due and payable.
<br />Upon acceleration under paragraph IS hereof ar ahandanment of rite Property. Let:der. in person, by agent
<br />ar by jud',einlly appointed receiver shall he entttied €o enter upon, take po~'i:s-inn of and ntanagc the Property
<br />and io eolleei Ehe rents of the Property, including those past due. Aii rents collected il}• Lender or the reccicer
<br />shall be applted 5fat to payment of the eo€ts of managemerlt of the Property and collection of Tentx. ine!utling, btt!
<br />not Ifmiied to, receiver's fees, premiums an rceeiver's bonds and €t'asoeabic attnrrtc~y's tc~ .and then u. the sum:;
<br />secured vy this aiuagi.go.....adc: and'.h~ r........., short i,., I;~;I,ie to t. r,tnnt nnh• inn those rents achutlly received,
<br />
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