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not extend ar pastparte the clue €~la#z of ±hr- moruitly ~hsttrlhata~.nts~ referred to in paragrag>hs i and 2 her~f or
<br />change thz amount of such insta}Iments.
<br />1f1. Borrower Not B~sleassd. 7+.xt~nsiaa; of the tithe for j~a~^njrrtt or ~tnodification of amortization of t.lte auma~
<br />secured cy this Mortgage granted i;y i.ender to any suceessm• in interest of Borrower sl;ail not operate to release,
<br />in any manner, the liability of the original Borrower and Borrower's atcces;or; :. ,..~,..cst. I ~n•±er shall Hai be
<br />requiredta commence proceedings against such successor or refuse in extend time for payment or otherwise modify
<br />amortization of the sums secured by this \lortgage In• teaser of ;utp- <]amand trade by the original Borrower and
<br />Borrower's successors in interest.
<br />il. Forbearance by Lender Not a Waiver. Any forbearance by Lender ir, exercising ant- right or remedy
<br />hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any right
<br />or remedy herewtder. The procurement of insurance or the ivaymettt of taxes or other liens or charges by i,ender
<br />~ shall not Lc a waiter of Lender's right to accelerate 'the maturity of the indebtedness secured by this lforigagz.
<br />12. Remedies Cumulative. All remedies provided in this Mortgage are distinct and cumulative to any other
<br />right or remedy ;order this Mortgage or a!~orded by law nr equity, and ntag 6r• excrciaed eancurrently, independ-
<br />entry or successively.
<br />~ 13. Successors and Assigns Bound: Joint and Sevsral Liability: Captions. The covenants and agreements
<br />herein contained shall bind, an,d the rights hereunder sha(1 inure to, the respeetice successors and assigns of Lender
<br />and Borrower, subjzct to the provisions of paragraph 1 ~ hereoi..',11 covenants and agreements of Borrower shall
<br />` be joint and several. The captions and headings of the paragraphs of this Mortgage arc for canveaience only and
<br />(n are not to be used to interpret. or define the pracision~ hereof.
<br />1'r 14. Nance. any notice to Borrower protidzri for in thi. ylortgago shall be giten by nrniling such notice by
<br />certified mail addressed to Borrower at the }'ropertr 3ddre<~ stated hefaw. except for ;thy notice required under
<br />paragraph 18 hereof to be giten to Borroer ut the manner presoribctl by :yvplicuble late. An}' notice provided
<br />for in this \lortgage shalt be deemed to hate hren given to Borrower when giten in the manner designated herein.
<br />15. Uni#orm 1vIortgags; Governing Law: Severability. 'I'Itis form irf mortgage cmnbines uniform covenants
<br />for national use and non-uniform covenants with limited variations by jurisdictimt to ranstitute a uniform secu-
<br />rity instrument covering real property. This .Mortgage shall be governed by the lath of the jurisdietian in which
<br />the Property is lasted. In the event that any prevision or clause of this \lortgssge or the Vote conflicts with
<br />applicable law, such conflict shall not affect- ether provisions of this Aortgage ar the ATOtc which can Le given
<br />effect without the conflicting uravision, and io this end the provisions of the AIortgssg~ and the :Vote are derlaroci
<br />to be severable.
<br />Ire. Borrower's Copy. Borrower shall he furnished :a conformed copy of this licrrtgage at the time of exec;i-
<br />tion or after recordation hereof.
<br />17. Tcanafer of the Fzaperty: Assumption. If all or ary part of the Propert}• m• an interest therein is Bold
<br />or transferredi by Iiorrawer without Lender'. prior written ronsent, excluding to ~ the c•reatimt of-alien ar encum-
<br />branee subordinate to this Mortgage, ibt the creation of a purchase moues securit-q interest far hou,ehok4 appli-
<br />ances, (cl a transfer by devise, deacznt m• by apcrsstion of law upon the death of a joint tenant or fdl the grant of
<br />any leasehold interest of three years or ie~ not eontainiug ;an option to purchase. Lendea• may. at Lender's option,
<br />dcolara all the sums secured by chic Jloitgage tc be imnucrliately due and payablz. Lender shall have waived such
<br />option to aeceizrate ii, prior to the sale or transfer. Lender ttnd rho person to wham the Yropert}• is w be sold or
<br />transferred reach agreement in wrii-ing that the credit at such Iverson is saatistactot•c to i.zztder and that the interest
<br />paysble on the sums scoured by this Atarcgage shall 6e at suci€ rate as Lender shall request. Ii Lender ltas waived
<br />the option to accelerate provided in this paragraph 1" :cut ii Borrower'.< successor in interest has executed a terit-
<br />tin asswnption agreement. accepted in awriting by Lender. Lender :[tall release $oranver from atl ahligations under
<br />this Mortgage and the :tiote.
<br />If L~ndsr exerzia'es aaeiv option to nr~e(c:tc, Land+?r shi4ii *nail Iior°rowar riatico o; acceteration in accordance
<br />..,la ; ,3a...; e, ~4'.~.fa,". <uf'.t na-rtf sS.~.l r,r ,i~.f a K•rta<# ~a :v+2t ;r-e.~ ;Ivan 3Q nays from thz tlatt• the nati+~e is
<br />mailed within ;vhich Borrarve-r ^ray {fay the um< det•iared due. if t3orroaccr Earls to pap such sutus prier to the
<br />expu•tatian of such period, Lentlcr tuns, nithaut furtltet• notice or donaawl uu liurrorter, irt-•cl:?• any reme-disc per-
<br />mitted Ly paragrag'tt lti hereof.
<br />\u~-t~^ittuaty ('uyt:t.•tx•rs. h3urriitvi~r tatitl l=emit+r t•ttt•tltet~ t~€t~.•tt,at,t. ,,ttyi tau•,•.,t, :.~ Y€'.tin.p•~-
<br />1@. Ansel€•ratiar:: l~~rttzdf~a, l~:-.•_•€•,,._.- l,r:>_ i:~ri -. .rag;ra ;-, .. i;='T:r, a{;:=, Aerrzrwt-'r'= ri ~a.lt t~ am°
<br />caventtnt or agreement ot" Aorrower in this JIa•tgaF, . uvcludutg the cotenuuts to p:ay when due any scare >erumd
<br />by this \lortgage, Lenricr prior to acecleratxm -i=ail rxtil nutue to Burroawce ns procidc€{ ur paragraapb t•# hereof
<br />spezif}'ing: tl) the hrzssrh; r'2r the action rcq+urrvl uv Dore -uch brrac!r: Car :€ date, hat le.; than thirty days
<br />:ram thz,latr Ihr notice i• mailed to Li€,rrorrer• i,~~ whtch much Inraoi, must L,e outer.; and i41 that failure to euaa~
<br />such breach un or belor~€~ thtr date xpa~rtied trt tR.= :,oh€°r ntay result itt acech•rxuoei ai fhe• sums secured Fly ttris
<br />Morti;agc rand sale of the Property. It rho hreaziv r- nor tared on +n• Le•ton• the d:at€• spcciticri iu the notice, Lender
<br />at I,rn€ler's option Wray de+•lan~ all of the >uma ,«rurrd ley tkus Slurtgagc n, be hnrne,li:atrh• du€• turd paytabie
<br />without further deut.and and may foreehnr t;:t~: Mortgage 1,} 3+E€ttt•ial priierrrhng l.c-:alrr shall Iu~ cutitla~€t to tolled
<br />to sorb lu~oceeding all cxpen.+es rvi fcret•Io,ur,•. nu•lu,lwg, inrt nut unwed to, cost= of riacwuoutary uvideuce,
<br />attstraacts and tit h• roprrt~•
<br />18. Barrowiia Right to Rr+inntate. Xntnith>huuiu,g 1_cnder's arcoler:anuu r,f the .,tuns :enured by this
<br />~tortgag€, BartYtwar shall lta~•e the right to bare racy praree€itnsts bc{;tur hti• Lcttelcr to € ufarre this llartgage dis-
<br />eontinued at- env hm€+ prier is entry of a Jtsdgtn-rat t•at'axcrug tht. \lortgage if r uu Borrower pac. Lender all
<br />sunua which wr,uld be then due under this; Mortgage, the \otr anel Hates securing }ldnre .~dtanta•F, ti an~•. had no
<br />sseaclcration aceurre.d: iLr Harrower cure. nil breaches ut anti oNtrr covcnants~ ivr agn•r=rnents of Hrrrrsw,•r can-
<br />ta;^~ n .tit= ~,l -'Asga; a:<} x~=.a;` z=~;zr ,3y= al` r~a~uu€tL ,;} I ,; t.,_ if€ .- . .,
<br />-- ~ - - `.F #€ r - ~ €c`urr - i' 1.€- - €F ~ . ~ -€ at;~ t ~ - .~.rrela
<br />anti ag.,~n ,entg of Barr.;:.~r r-~,tairrv-.d ir; ttii._ Alurtg;i{;c anti to cuforcinr, Lender's rcmedte•s r~ tzrrzttu?cl ttt~t,ara-
<br />graph Id Iter~f,tneludina, Lot hat Gn>ateri to, reasomable tattonrcy's i'ecs: and ieCi borrower rakes ,uch action vas
<br />Lender may reasonably require to a.~ure tltat the. lien of this Mortgag€, Lt=ndcr's imerest in th€~ E'raltsrty sort
<br />Borrower's obligation to pay the duns set:umd by this i7vrtgaCc shall continue unintpairatii. i`{von ouch payment
<br />and cure by Borrower, thix Mortgage and the obligatiptrs secured hereby shall t•cuwin in ftdi for•rc and eH-rot. as iF
<br />na accai®ration had occurred.
<br />20. Aessl9+smsat a4 Remits Appoiatmant of Rocoiivsr; Lender in Fosaearion. :ls :ulditiorual security hen~-
<br />under,Borrower hereby tusigns to I.erxlcr the rents of the Propem~, provided that Barron-er shall. prior to acceler-
<br />ation under paragraph IS hereof or abandonment of the Pnaperh•, hate the right to called nmi retain such rent..
<br />ae they be^ome due and payable.
<br />ITpora acceleratiart wader paragraph Iii hereof or abandonment of the Ymperty. Lender. ire pti~an, by agent
<br />ar by judiciail,• appoint€d r~eirtar shall lk, entit',e<~l to enter upon, take {w.:essiari of andd ,nonage the Properly
<br />and to collect the rents of the Froparty, including thane past due. Atl rent, aroilected 't,y l.rnder or the rrceiwer
<br />x-rail be applied first to paymsni of the casts of rttanagement of the Prapcrt~• en€i cal3ectian of tints, including, but
<br />not limited to, reeett•er's fees, premiums on receiver's fronds artd retasanahle €attoruer's fee=. and then to the sums
<br />scoured by this A'Iort,gage. Lender and the receiver shall he liuhh• to amount onto for those rents aehualh• reccited.
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