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not e,ttettd or pastpane 'the due date at the monthly ur9'.alh'nc~nts t~-cs"c~t•revi ir,~ in ht',trsrgraph_~ ~l rand ;~ hereai or
<br />chsng® the amaurtt. of sucPt iustalhne~ats.
<br />2sI. Borrower Not Released. E~xietb5iatz v} 'the titu~te for !wrrcrrrt!utt ctr tnaeii~licat~itart a4 aanortiaat~iott aF the. sums
<br />seeured by this Mortgage granted by Lender in an}~ successor in iuue:resi of Btrrrawer ;hall not operate to rely-ase,
<br />ir. any manner; the liability ai the original Borrower and Borrower's ruecessors in interest. Lender shall not be
<br />required to commence proceedings against such successor yr refuse to extend time for payment or otherwise modify
<br />amortisation of the sums seeured by this \lortgage ity reason of arc- demsnd made b}' the original Borrower and
<br />Borrower's successors in interest.
<br />l I. Forbearance by Lender Not a Waiver. dry forbearance by Lender in exercising any right u. remedy
<br />hereunder, yr otherwise aCrorded by applicable lava, shall not he a ;vaivez• of or preclude the exercise of any right
<br />ar remedy hereunder. The procm•etnent of insurance or the nacment of taxes ar other liens or chsrges by Lender
<br />shall not he a waiver of Lender's right to accelerate the utat.urity of the indebtedness secured by title Mortgage.
<br />12. Remedies Cumulative. .~11 remedies provided in this Mortgage are distinct. and cumulative to any other
<br />right or remedy under this Mortgage or afforded by law nr oquity, and may hr exercised cmu•urrently, independ-
<br />P'~ ent•ly ar successively.
<br />'!~ 13. Successors and Assigns Botmd; Ioirt and Several Liability: Captions. 'Che cotenants and agreements
<br />herein contained shall bind, and the rights hereunder shall inure to. the respective successors and assigns of Tender
<br />,~ and Borrotwer, subjectt.o the provisions of ltsragtaph 17 hereof. ;111 cotenants and agrecutcnts of Borrower shall
<br />he joint snd seteral.'Che captious snd headings of the parsgraphs of this \[ortgage at•e fat• contenienue only snd
<br />are not to be used to interpret or define the provision, hereot.
<br />14. Notice. Any notice to Borrower prodded for in this llungage shall he giteu ht mailing such notice Ley
<br />cet•titir:d mail addressed to Borrower ;tt the. Yt•opcrty :lddreas stated hrlot+', except for any aatice tryuired under
<br />~ ir;uagraph l8 hemo( io be given to Borrower in the manner prescribed b}• applicable ht+t..am• native itrotided
<br />1'vr in this Mortgage shall be deemed to have been given to Borrower ++~hcn giv+~n in the manner designated herein.
<br />15. Uniform Mortgage; Governing Law; Severability. 'Phis form of tuartgage combiner ttnifvrtn cotenants
<br />fur national use and non-uniform covenants with limited variations be ,jurisdiction to constitute :a uniform sacu-
<br />rity inst-rument covering roar lu•opcrty. "Chic \Im•tgage shall be goterned by the law of t-he juris~lietion in which
<br />the Propert}• is located. In the eveni that uuy protision or ~=louse of this Martgsge or the Aotc oattflicts with
<br />applicable la+a•, such contlie.t shall not affect other pravisionr of this Alorigage m• the mot-e which can be given
<br />effect without the conflicting provision, and to this end the provisions of the liortgagt~ and the i+tete are declared
<br />io be severable.
<br />ls. Borrower's t:ep~. Borro•.ver snail be furnished a t•onformed copy of this Zortgage at. fire time of execu-
<br />tion or after rc~~ardtttiau hereof.
<br />iZ Trmt>sfer of the Property; Assumption. Ii all or any part of the Property or au interest. therein is sold
<br />or transferred by Borrower without Lender's prior written consent. exc;ttding 1a) the rr•eation of a Tian or enctim-
<br />lrranee subordinate to this Mortgage, lift the creation of n part hs=c money securit}• interest for hausehohi appL-
<br />ancas, tcl a transfer by devise. eiescent. m• by operation of law upon Hie deaih of a joint tenant ar (d) the grant of
<br />any leasehold interest of three years or less not containing an option to purrlaase, Lender may. at Lender's option,
<br />declare all the sums secured 6y this i\4ortgage to he innnediately due turd payable. Le~tdcr shall have waived such
<br />option to aecelerafe if; prior to the sale or transfer. Lender and the parro~. to whom the Propert}° is to be sold or
<br />transferred reach agreement in writing that the credit. of such person is satisfartor~- to Lender ;tad than-ire iuierest
<br />payable on the sums secured by this Mortgage shall ire at such rate as Lender shalt request. if Lender has waived
<br />the option to accelerate provided in this paragraph I7 .utti if Borrower's successor in interest has executed a writ-
<br />ten assumption agreement accepted in +vriting by Lender. Lender shall rciat~-t B+•rr+a++a~r f torn aft vbligatiat~, under
<br />this ;Mortgage and the Note.
<br />If Lender exercises suck: option to aecelcrste, Lender shall :nail Morrowe.r t:tticc of ac€eleratioa in aeeordattee
<br />t.°;6}t l~arigra,,t; is !tu. ~~1. ~4=~h nati_t _.! sstt prof-lets, a ptri~}d ~,i r 4_s tt_, , ~ ~1~~. _raa, t=he date the? *-totioo is
<br />mailed within trhirh Borrower tray tray Bnr suut;<~ desslarctl fur. Ii Burrtawrr fail. te! ttaw such same prior to the
<br />expiration of such period, Lender Wray. without further Wooer or ~leuutud on l;urtnwer• intokr any remetlit~ 1?er-
<br />inrticd by paragraph lfi hereof.
<br />\'os-1'xtr•ottat i_'attr;~ezw•rs. 13orruwc•er and l.rndt•r furihrr .'ttronnnt anti us;'rt>t• us iiriluvc's
<br />IA, ~_Ler..Qi~rtrtia~. Rgmer3'~s- ~~•et,e a. ,?~ r.l«• i ;r_ _~r~;s'=:!! t': ?_. _r.>s- =* == IS~~.r~F,x~~•'. hr~E=ice .r':'~;t•
<br />rovvnartt ur ugrcemens of Burruw!•r i^ th= Mottt;af;c. ins t+ut=in}; tl +• t•utcuant- tt• !~.ry ++~irt•u due• Yu}' anus .control
<br />In= this Mortgage, Leude•r l~rtor let aecclrr;.tran .:i,all mtctt ^afiri• #c Eforez~+tcr s,~ l,r+r+i~tert tr, patnt;rat;h t# hrrt~tf
<br />specitying; ilV the beraci:_ ~2i the aeUon rt•yutre~l to rtur runt I~rra1•h: t;tt a el:ett~. not lc~a than thirty dav,
<br />trvm tide+late the ^unee r itutih=d Iv Burrower. h.• tthu•h wu•I~ hrc:uh Hurst ttc~ ~ urc•~!. an+l ~{4 that t;tthtr~~ to cure
<br />~~urlt htaach au o!• ttrfore the date -pecafit~I tat t!re tauCtre ntav Yesulf in a+`crierstiu, +,! rise ~ttnt< =cenrctl ht` tht•
<br />Mortgage :znd sit; of the Property. tP the ttrrae•h n rat cured ot: or 6efurv ihr date spertfictii to the ratite, l.rnder
<br />tit Lender's nptian n:a!• ~lcclarc a! ref the umtr srrurcd by tin.. Alartkage tc, br unnu~hardy der and pa}•able
<br />uithuut further demaaa~f suui tray Iarsciose tla' Murttiatt:e Ity ju+iieial prucr.~dmg 1-cndt`r hail it tattttl+vi to eoitert
<br />iu sorb prorcetitug ail ,~tlrra.;e-; of lnrerlo~uro n:eln,ling, but not linun•d to, ~•a-t of docuutz~utart rttdt'nee,
<br />attsteacts and titio repnrtr.
<br />18. Borrawrr'r Rght to Rsiaalate. tivt+tiilt:-tarnlur;, Lend+•i'. ,u•relenttiuu of the auras aerurrYi by this
<br />hlortgag?, l~artvwt°r shnli hate #hr right tv ha~'c• an}' t~roct~ca[in~s !Fr~;;an by i ~~ndrt° =.tt +•nfvrce tht< \#s,t;;a~;e• di-.
<br />ceriiiuucti tct any time prior ut rnt,~ vi s luciguu•nt rrutririak tin.< Mvrtgat;t• as`"~ cart 13vrrc+wt=r ltayc t~rt;i~~r all
<br />sutras which w•oulti be their clue antler than Mong,sF+=, tlo` \otc and tcotcr sccunnl; M"orate .ldtancrx, ti any, land fro
<br />ttcceleratiun occurred; the Bar~tw•er eur~•zs all brtiat•lur ttf ratty other cava•nautr yr ,rgrr-rnrtsntti of ftorrawrir con-
<br />t~ittad ttt this ?4lttrt~agt: aei L+ort•ot~ nays all r_~uoaLla pa~u t _ _curt+,i t,4° I,+~n tc _ _~ _!at _ c iu • rise c+:tccaury
<br />anti agrrementst of Btzrrowt+r cants=rt~ti au t3ai. 11<trtFtttt• and n: t n.t•....,;; l.a .. i, . = tt,s,+vlti•4 i- itcv;;=it=<I iu l .~t.i-
<br />graph 18 hereof, including, but not limited to, reasonattic atttoruey':: fec•-; anti ed t Bvrrowa~r raker such action as
<br />I,endar may ret~nabty re~uiee to anaure that the 4ien o[ this Martgagc•, Lander•r intcrest irr the Pevpert-y and
<br />Borrower's obligation tv pay the sums secured try thin Mort.gaKe tihall cantanue tnrimpaireal_ I'pon such payment
<br />and cute try Bornrn•er, this :+,'foria9ge and the nbiigations serumd hereby .hats terrain in full torte and etlcct as it
<br />no acceleration had accurreti.
<br />2ti. Assegmant of ftw4: Appafmtmerrt of ftoceivsr; Lender in Pasaettsioa As :uiditional scrurtt.}• hcre-
<br />under,Borrower hereby at+signs to Lender the rents of flit: ~'roperty. 1>rotidtd that Borrower shalt, prior to acceler-
<br />atfion under paragraphk 18 hereof or abandonment of the Prolx,rty, hair the rip;ht to caliec•t and retain such rents
<br />as they lteconte due and payable.
<br />upon acceleration under paratgranh 1$ hereof or abandonment of thr Property. Lenior, in person, by agent
<br />er by jadisialt_y appointed receiver tihall F±e entitled to enter upon. take paw-cxsiatr rat and tuatnage the 1'rapcrty
<br />and to scll~.t the rants of the Property, including eltvse pact due. 111 re=rat: eallected l,}• bender ar the receiver
<br />shall ~ applied first to paymterst of rite caste of ntanagemettt of the Property anti colica•tints of ants, inclrtdir+.„, but
<br />net Itriuteii to,rtcetvrr'n fees, pretillums t>n rc•ci'li=r'FS hsriis and te•asonatiir= atto~}t=}`~= tr'tr. aril ih~•n to 4hr ,Willa
<br />seeured by this i4tort~gage. Lender and the receiver shall he liahlt• to urruunt only far chase rents arhuJly recriteai
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