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not extend at• pustspone ii'te due elate o~i' t9m nrrvr,B,Vuilr loss=r.aEBns sir ~ at~_ferred trs i'r ~~~~t~r•a{;ragahs 1 and. ".; he•recrf ar change they amount of such i~a~ta,lltnen,i:dN~ LD. Borravae~r Not ~igleased. IJxt~¢'..ztsiou of lire onto !s'ur• },a•.a:xerat ar modification of s~urrat?uzat,i,~rt of the sutras sectzred by ibis lortgage granted 1>y 3'..ender to ally .succcsasor' in 'ants,rest of Borro;c~er shall not ohrerate to release, in any manner, the liability of the original Borrower and $arruwcr~s successor,< in interest. Lender shall Hat be required to eotnmenee proceedings against such successor or refine to ex'erd time for pa}-ment or otherwise modify amortization of the sums secured by this Mortgage b}- reasou of any demand made b}• the o~ginal Borrower and Borrower's successors in interest. II. Forbearance by Lender Not a Waiver. any forbearance by Lender in exercising any right er remedy hereunder, or otherwise afforded by applicable law, shah not be a waiver of or preclude the exercise of any right or remedy hereunder. The procurement of insurance or the payment of taxes or other liens ar charges oy Lender shall net be a w'aner of Lender's right to accelerate the maturiiv of the indebtedness secured by this Mortgage. .^a,, 12. Remedies Cumulative. .~11 remedies provided in ibis Mortgage are distinct. and cumulative to any other right ar remedy tinder this Mortgage or afforded hr law or equity, and ma}• be exercised concurrently, independ- ~. entry or successively. 13. Successors aad Assigns Bound; Joiat and Several Liability; Captions. The covenants and agreements '~ herein contained shah bind, and the rights hereunder shall inure to, the respective successors and assigns ot" Lender Q :}ltd Borrower, snbiect rn tl:e provisions of paragraph 17 hereof..111 covenant; and agreements of Borrower shah ` he joint anti severti. The captions and iseadings of the paragraphs of this Mortgage are fot• convenienr;e only and ~ are not to br used to interpret or define the provisions hereoi. Id. Notice. Any notice to Borrot+'t-! },ro+•ided for in thi= Mortgage shall he git-en hti' mailing such notice by certified mail udtiressed to ti3ornn+~er at the Property .address :=rtte'd below, except far any notice required under paragraph ifi i:ereof to be given to Borrower in the wanner prescribed he applicable law. Am• notice provided far in this AIorrgagr shall be deemed to have been givctt to Borrower when given in the mariner designated herein. 15. Uniform Mortgage; Governing Law; SeveraSility. This form of uwrtgage combines uniform covenants for natiotsal use and non-uniform covenants with limned variations by jurisdiction to constitute a uniform secu- rity instrument covering real property. This Mortgage shall he governed by the law of i-he jurisdiction in which the Froperi}• is located. In the event that any provision or clause of this Jortgage or the Note con8iets with applicable law, :uch conflict shall rot affect other provisions of this Mortgage or the Note tahich can be given eHeet without the conflicting pro+•ision, and to this end the provisions of the. \lortgage and the Note are declared tcs he severable. I6. Borrower's Copy. Borrower shall be furnisL-ed a conformed copy of this ~forcgage at the time of execu- tion or after retardation hereof. 17. Transfer of the Property; Assumption. If all or any part of the Property or an interest therein is sold or "transferred b;q Borrower without Lender's prior written consent, excluding (a) the creation of a lien or encum- brance subordinate to this `lortgage, (b) the creation of a purchase moaey security interest for household appli- ances, i;c) a transfer by devise, descent m• by operation of Issw upon the death of a joint tenant or (d) the grant of any 3easehold interest of three years or less not containing ar, option to purchase, Lender may, at Lender's option, declare all the aunts secured by this ~4orfgage to be innnediatc•ly due and payable. Lender shall have waived such option to accelerate if, prior to the sale or transfer, LEnde:• auci the person to whom the Property is to be sold or transferred reach agreement in writing that. the credit of such person is sati~£actor}• to hender artd that the interest payable on the sums secured by this Mortgage shall t;c at sudt rate as Lender shall request, If Lender has waived the option to accelerate provided in this paragraph I7 srtd ii Borrower's successor in interest has executed a writ- ten assumption agreement. accepted in writing by I.eaciet•. Lender shall release Borrower from all obligations under this Mortgage and the Note. If Lender exercises such option to accelerate, Lender snail mail Harrower notice of acceleration in accordance tvitit pa =gratin iI hereoi. ~uii notice si,ail provida a ireriocl of Hat ft°ss titan ~0 does from the data else notice is mailed within which Borrower may pay the sums declared due. Ii Borrower fail:: to pay ;uch sums prior to the expiration of such tseried, Lender shay. without further notice or ,{entaztu? nn Bc?t•ratvet•, invoke any remedies per- rnitte,3 by paragraph 1B Its=r?of. L,...-it._. ..... !'.,.....,....,. ?~err€...~. ..ltd Londe, t'ttrtltir• uo:~€nttnt...nd agr r a ft.1.c,,.~: lg. Ac4al~ratirrn:.aiam+=dies. r.xc~rt a prof ide,i in r,rt:.igra}tit I its°rc•of, upon iurrower's isreaes of any covenant or agreement of Bon•o++•er in this \lortgttge, including thc• coyen;urts to pay when due ;usy sums secured by this \Eortgage, l.endcr prior to acceleration snail mail notice to Borrower provided in paragraph l~ ltereat specifying: (I) the tireacir; t21 the action rcquitr,l to cute-asweh*br~;~if3a ciah•, nut less than thirty days from the date the notice i- t,mded to Bnrruwcr. Ity wlsiclt suciriiri~aeh niisst ktq:~i: smi t-}1 that tailors to :tiro rlr=.... Hoch breach on or before lire date specified in the notice tray rexult in hrcelrt~tson of the suuu secured by this 'Vlartgage and sale u( the Yropce•ty. If the breach is not cured on ur before the date sprritied in the notice, Lender at Londerb optian may cter[are ail of r•^ suns seruted by this \lortgage to he inunediauely due and payable without further demand and may iorerlose this Mortgage by judicial proceeding. Linder snail its entitled to collect m such proceeding all <•xperses of forecktsurc, mchufiuR, but not limited to, casts of dueun,entazK• evhtenee, absteacts and title repora. 19. Borroweie Right to Reizursate. lotwithstunditsg Lender's ucccleratiou of the swus second by this Mortgage, Aarrawer shaft have the right to have any pr=teeedings isegun by Lendes to smforce this M€~~tt:age di.- coniinued at- any tune prior to entry ai at judKment enfatting this Mortgage if; fat Borrower paps Linder ail sums which would be then due under this Mortgage, the Note :snit notes ;sensing Future .adyxnces, ii any, Isad nu acceleration occurrt~cl; Ins Borrower torts all Isreachts of an}• other caccnanta or ugreenu~nts of Anrrower ron- .ain~ in this} ;'Plowgage, tc) Harrower papa ail eta--aanahic ^xpenses incurred by Lender ih enfarciug cFie Covenants and txgree.tmnt:s of Anrrower contained in ibis. 1lcsrtgag€• and ir. crfu.rinl; Lender's rr-net:•~ies as proyicie-tI in irara- graph IS hereof, including, but not hmite€i to, reasmtablc attorne}°'s it.~€~:: and td1 ltorrat+•er labels such action a•. bender may reasonably require to assure that the Lien of this ~lurtgage. Lf•nder`s interest in the Yrolterty and Borrower's obligation to pay the Bums secured by this \dortgage shalt contiuuc unim{taired. i.tpon such payment and cure by Anrrower, this ?~Sortgage and the obligations secured hereby shall remain in full force and effect as if ao acceleration had occurred. 20. Assignment of Rsata; Appoinhnen! of Rerceiver; Leader in possession. .aa additional security here- under, Anrrower hereby assigns to Lender the rents of the Property, proyidt~ti That Anrrower shall, prior to aeceler- ation under paragraph IB hereof or abandonment of the Property, have the silent to collect and retain such rents as they become due and paga6le. Upon acceleration tinder paragraph IS hereof or abandonment of the Property. Lender, in person, by agent or by judicially appointed receiver shall tx entitled to enter upon, take possession of and manage rite I'ropcrty end t.n collect the rents of the Property, including those past due. all rents collected fn• Lender a- the receiver snail be applied first to payment of the costs of management of the Property and eatlection tit rents, including, but not limited to, receiver's fees, premiums tin receiver's taoads and rcasanahlc attorney's lets, and then to the aunts secured by this Mort,gagc. Lender and the reoeiver shall be liable to account only for those rents actually recci+•ed.