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<br />rot ex"tend m~ ~rosfpare the clue dot. ad the montlzl}~ inntatllmc.~nls referred to in pat•agrapkts ]and 2 hereof m•
<br />change the amawtt of such insta]lrnents.
<br />IQ. Borrower Not Released. Lxtenssar. of t}?c time for t?avn'ze::, ar modifieaiian of ainorti2ation of the sums
<br />secured by this Mortgage granted by Lender to am- successor in interest of Borrower shall not operate to release,
<br />in any n;anner, the liability of the original Borrower and Borrower's successor. in interest. I:ender shall not be
<br />required to commence proceedings against such successor m• refuse to extend time for garment or otherwise modify
<br />amortization of the sums secured by this \fartgage by resson of am• demand made by the original Harrower and
<br />Sarrower's successors in interest.
<br />11. Forbearance by Lender Not a Waiver. Bny forbearance by Lender in exercising any right or remedy
<br />hereunder, ar otherwise afforded by applicable lar•, shall not lee a wai: er of or preclude tl:e exercise of any right
<br />~ or remedy hereunder. The procurement of insurance or the payment of taxes or other liens or charges by Lender
<br />~ shall not be a waiter ai Lender's right to accelerate the maturity of the indebtedness secured b}- this Mortgage.
<br />I2. Remedies Cumulative. all remedies provided in this \lortgage are distinct and cunnIIatite to any other
<br />right or remedy under this \(origage or afforded b}- la;c or cr)uicy, and mar he exercised concurrently, independ-
<br />~ ent.ly ar successiceiy.
<br />1$. Sucaessors and Assigns Bound: Joint and Several Liability; Captions. The cax-ennr:ts and agreements
<br />herein contained shall bind, and the rights hereunder shall imu-c to. the respectix•c successor= and assigns of Lender
<br />and Borrower, subject to the provisions of paragraph 17 hereaf.:Ul rox•ei?ant= and agreements of Borrower shall
<br />~` he joint. and seternl. The captions turd headings of the paragraphs of chi= \lortgage are for convenience only and
<br />~ are net tc be used to interpret or define the provisions hcieot.
<br />14. Notice. _1ny notice to Harrower t,n'ox-idid for in this Alortgage .i?aii he Risen by auziling =uch Halite by
<br />eertifieti :nail addressed to Borracce>r at the Yropertr address mated below, except for any uatiee required under
<br />paragraph 18 hereof to be giaeu to Borrower in the manner tn•escribed by apphca6lc la;t. ant notice protided
<br />for ir, this Alortgage :hall be deimed to hate been given to Harrower t; hen gitrn m ti?e mar,nc•r designated herein.
<br />1$, Uniform Mortgage; Governing Law; Severability. This form of nrortgagc• comhinec uniform covenants
<br />far Hat-tonal use and Han-uniterm covenants with limiteu variations ln• jnrisdiction to constitute a uniforrt? secu-
<br />rity instrument covering real property. Phis Alortgage shall iec governed by the late aF the jurisdiction ir, which
<br />the Yrogerty is located. In the event that any prevision or clause of this \lortgage. or the Note conflicts with
<br />applicable law-, such canP.ict shall not aft'ect ether protisions of this Mortgage or the Nate xvhich can be given
<br />elTect. witlraut the conflicting pratision, and to this end the protisions of the \fartgage and the Note are declared
<br />`sr'i ue. seven+ile.
<br />I6. Borrower's Copy. Borrower shall 6e furnished a conformed copy of this '1lortgage at the time of erscu-
<br />tion or after recordatior, hereof.
<br />27. Transder of the Property; Assumption. Ii all or any hurt of the Property or an interest therein is said
<br />or transferred by Borrower without I,ender•s prior written consent, excluding (sl t-hc creation of a lien or encum-
<br />brance subordinate to this 3lortgage, ihi the creation of :c purc6asc money security interest for household appli-
<br />ances, (ej a transfer by dense, descent ar by operation of law upon the death of a joint tenant or (d) the grant of
<br />any leasehold interest of three years or lea+ not containing an optiar. to purchase, Lender may. at Lender's option,
<br />declare all the sums secured by this :1Sorfgagt: to be inuueditttch' clue ant! payabli. bender shall hate waited such
<br />option to accelerate ii, prier to the sale or transfer, Lender sari the person to whom the Yr•operty is to ba sold or
<br />transferred reach agreement in writ-ing tiTat the creriit of such person i, satisfactory to Lender and that the interest
<br />pnvnble an the sums seemed by this ~iartgage shall be at. such rate as Lender shall request. It Lender has waived
<br />the option to secelerate protided in this paragraglt 17 and if Barraxter's sueeessar in interest has executed a xvrit-
<br />ten assumption agreement accept~i in writing by Lender, Lender shall release Rarruwer from all obligations under
<br />this ltlorigage attd the Nat{-
<br />If Lender exercises such option to itccelertte, Lender shall :,tail Borrower aotiee o? ssce?or~tion it: avsat~ase2
<br />whir laragraph i# hereai. tiuelz notice Shall prox-ide a period of not lcs tlmn 30 day>s tram the data the notice is
<br />ma7ed wa-bin whir•it Borrawcr nzay paa• thu ;;um; declar+rd dui. Ii $orrotver fails t-o p;ty suelt cane prior to the
<br />expit~tion of ttctt P-?ri<xI, LBaeler tttay. ti'itl?aut further z=okice° err cietnard art I3urrexver, itttaltr any remedz~ ~r-
<br />;T;Effe~il try iT Rr at?r Cpl? IB hat•eut- -
<br />';fa:-i~`i~tati ~l E .,°€~.i`Cx+, r56rY-t3itEt` it 7ltt t.t:ntic l' Ill r'tht`~' ('OC`etl floc flncl ii `r':reE' n5 fp}1(riF~:
<br />}$. r~,ecehration; Remedies. F~;xccpt ue pren~tde,[ in V~:u:xgraph I1 hcroaf. upon Barrowrr', t• 'each of any'
<br />eavenunt nr agn•emint of Borrower in thin A(ortgugr, lotto±tiuM the c•wt~nant-< to pa~• xthct? due acv -+uma ;scored
<br />by this \tortgagt, Lcndcr levier to acreleratian .hall u;:ul notice to Iiorrvwer as protided in paragraph !~3 h!•reof
<br />specifying: t 11 the breuc~h. 121 the action rc•tluired ro riti•f such Irreaeh '°i{ii ~ date. not leas t!?stn thirty day+
<br />fran? [hc dtxtr, the nutrrx~ is nTttiled to Iturra;tir- hy~ wi?iclr such hr-each a?tr.t be t~r+rzl. arzl t~1 that Ea?lu,c tc; c•ur-:
<br />~ueh breach on or b:~fore the date specifit~l iu titr notice nia}• resort in arceTeraticii~ of the sum. secumd by this
<br />Jlor[gage and Talc of the Property. Ii the breach is not cured oa or I?cfort the date npecilied in the t?slier. Lender
<br />at I,tnder•s option ?u~ty ~icchzrr all of the ruin, .ceured ht this ~lartga„r ra lee inuncdraeh doe and pa ,able
<br />without further demami and nary forec{~ne ihi, llort;;:z[;c by lndicittl proccediut;. Lender shti}I he evttrtled to collect
<br />in su; h pTVrecding ail exprnsrs c,i fe~reclc~urr. uu•iudiai„, but nut hniih•ci to, casts of ~iaeuuzenatrx• eviilettic.
<br />ttbnct7tctsand title rrpnrts.
<br />I8. Rosrar'a Aright to Ftainstate. Atstwtll?=t:endrn~, Lvndc?•';< acmlertuiart of the strnrs --r.?r«l et~ this
<br />itilartgage, Borrower shall have th? right to hex°e any proceedink~ howun by Lender to iufartt• ihi, 4tort~,agr= riis-
<br />conti..uc~rl at arty time prier to entry of a itniginent enticing ihi. Atartgatre if: tai Borrower pays Linder alt
<br />sung which would be--then ihre under thin \(urtgaKas, nc~ Natt and Hates seeuritrt; Future ;'ldvani;en, if any, had na
<br />acoclcratiart ocmurrecl; the Bormwrr erg. till i.!'cacl? ~f rent erhe,• c[xx tz" =r?• ~_tr=~=mr t- ol• I~- r w-; -._..;
<br />tainec{ in this ~icrtgage; cc i Aarrower pays all ?•ea utt.iblc ex{x•t-€ : x.cur ~zt ?Ty~~l.e:ndcr is ~ nfortttr tt,t vr-~n:tte[n
<br />and agreements of Borrower contained in this \Iarigat;e and uz enforcinb Lemler:w rcntedies as 1?ratid+'z1 izt par'a-
<br />Rraph i8 hereof, including, but Hat linZitcd to, t~easonahle attortre-y's icon; and idi I3orrawer trzko-. ~urh actu>n :x+
<br />London may reasonably t'~quire to assure that. the lien vt' this \Inrtgai#c, lenders interest in rho Pmperty and
<br />Borrower's obligation to pay the sums secured by this ~tortga4e ~hsil continue urrintpaircvl. ITpun ::uclt lrayntrnt
<br />and cure by Borrower, this ~#ort.gage and the obligations secured hereby shall rcrnain in s'ull force and effect as if
<br />tYO aa:eleration had occurred-
<br />20. fisaiyyumars! of 8uus; Appoi»t,ment o! Receiver; Leader in Foaseiaion. :1s additiannl sTrurity henT-
<br />under, Borrower hereby assigns to Lender the rents aP the. Property, proridt~ti that Borrower shall, prier to accelcr-
<br />atian under paragraph I8 hereof or abandonment of the Property, burr the right to ~olicct anti retain such rents
<br />as they beeon~e due and payable.
<br />Upon acceleratiatt under rwragrapkt 18 hereof or at?ar?dantuent of the Property, lender. in irerson, by agent
<br />ar by judicirilly appointod receiver shall h€ entitled to enter ulx?n, take pacession of acrd manage the Praperiv
<br />and to collect the rents of the Property, including than-e past due. All rent± r~olleett,;, !zt Lender ar fhc* riot>ivtr
<br />shalt hg anpl•ad ftt°t. to pavmetTt of the costs of tnsnaget;,+<=nt ttf t}ie 'r'rapirfy° an.l cotiz~ctior, ai rents, ineiuciing, i~ut
<br />not limited ta, rereiver's fees, preauuins an meeiver's i>oncis and masonable arttorncy's fees, anal then to nc~• suutr
<br />secured by this blor•tgage. Lender and the receiter sh:tli IA' IlablP to account onh• for those rants srhtallr receitcd.
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