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not extend or postpone the due date of the tuonthly installments referred to in paragraphs I and 2 hereof or
<br />change the amount. of such installments.
<br />10. Borrowez Not Released. Extension. of the tium for payment or ntodificat.ion of amortization of the sums
<br />secured by this 3ortgage granted by Lender to any successor in interest of Borrower shall not operate to release.
<br />in any manner, ti:e liability of the original Borrower and I3orrowcr's successors in interest. Lend r 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 by this Mortgage by reason of :any demand made by the original Borrower and
<br />Borrower's successors nt interest.
<br />3I. Forbearance by Leader Not a Waiver. Any forbearaucc by Lender in exercising any right or remedy
<br />hereunder, or otherwise afforded by applicable late,shal! not be a waiver of or preclude the exercise of any right
<br />or remedy itereunde:•. Thr. procurement of insurance or the payment of taxes or other ]inns or charges by Lender
<br />shall not is a tvait•er of Lender's right- to accelerate the maturity of the indebtedness secured by this Mortgage.
<br />C~ 12. Remedies Cumulative. All remedies provided in this Mortgage are distinct and emnulative to any other
<br />right ar remedy- under Phis Mortgage or afforded ht- Iatt or equity', and may br exercised concurrently, independ-
<br />~ rntly or successively.
<br />13. Successors and Assigns Bound: Joint and Several Liability: Captions. The coven:tats and agreements
<br />herein contained shall bfnd, aunt the rights hereunder shad inure to, the respectfvr successors and assigns of Lender
<br />and Borrower, sui,ject to the provisions of paragraph 1' hereai.:111 eovc:nauts and agreements of Borrower shall
<br />be joint curd sevrrul.'1'he cautions and headiuga of the paratgr;gths of this \lortgage are for cmn•atienee only and
<br />are Hat to be used io interpret. or define the provisions hereof.
<br />24. Notice. Any- twtic•e to Borrower providal for in this \lortgage shall be given by mailing each notice by
<br />eer,itied root! xddmssed to Borrower at tic Proprrtc Address stated brlaty. except for any notice required under
<br />p;tragr;tph ]8 thereof to he given to Borrower in the manner prescribed hy- ultltlicablc law, Tiny notice provided
<br />for ir, this \Iortgagc shall be deemed to have been given to Borrower tchen i;ivrn in the wanner designated herein.
<br />15. Uniform Mortgage; Governing Law; Severabiliiy. 't'his farm of mortgat;r ronuiines uniform sot chants
<br />--for nntionni use andnon-uniform covenants o:ilt limited variations by jurisdietimt to constitute a uniform secu-
<br />city instruuteni revering real property. This Mortgage shall br governed by the late at• the jurisdiction in tvhieh
<br />the I'ropcrty is Iocttied. In the event that :uty provision or rlmwe of this \Iortgsge ar t.Ite \ote cuntlie±s with
<br />'~applicab!e law, such conflict shall Hat- affect other provisions of this \Inrrgagi~ or the tiote which can be given
<br />~efreet triihout the uanfticttug provision, and to this end the previsions of the Mortgage and the Note are deolared
<br />to be severable.
<br />15. $onower s Copy. 13orrotver shall be furnished .t conformed capv of [his Mortgage at the time of execu-
<br />'lion ar after recordation hereof.
<br />17. Transfer of the Property; Assumption. If all or any part of the Property or an interest therein is sold
<br />', or transferred ity Borrov:er without Lender-s priar tvriticn consent. excluding la; tie creatiar, of a lien or encum-
<br />brance subordinate to this Mortgage. tbl the creation of a purchase. money- security interest far household appli-
<br />snees, (e) a [ransfer 6y devise, descent or by operation of lain upmt the death of a joint tenant m• (d) tha grant of
<br />any leasehold interest of Three years or lea.; not containing su option tri purohase. Lendet• mac, at Lender`_a option.
<br />"°'desl:ii•r all i;he sums secured by this \Iarigage to he, inuurdiately- due and payable. Lender shall have waived such
<br />eption to accelerate if, priar to the sale or transfer, Lander sad the person to whom the Prapetty is io be sold or
<br />trausierred reach agreement. in writing that the credit of such persat is satisfactm•v to bender and that the interest
<br />payable on the sums secured by this Mortgage shall ie at such rate :u Lender shall request. If Lender has waited
<br />the option to accelerate provided in this pseagral•h 1 i :uul if Borrotver•s successor itt interest Itas axccuted a writ-
<br />. ten assuntptior. agreement acreptec{ in writing by lender, Lender shall reirase Horrower from ai[ obligations under
<br />this iartgage. and the tiote.
<br />If lender exercises each option to accelcrcta, Lender sitali tusil Barracver na[icr of scceleratiun in accardanee
<br />wtth uaragraph 1I }tc¢nm_ ~uclc notice shall pmvidr a periasl et net !r _. than 3E} days irotu the chafe the nc3f-tee is
<br />mailed within which Barrattct nt.ry Ir 4 th• sttta iEri~trcvl lur•_ Ii Borrea-er t,za-..a ,~4 ue-It 5:uuz , char tc* floe
<br />exhtrat,au at ,ut,i~ Eta rind, L: t -r miiy. tt•itiaut fut•titcr naeire or datumut an I{arrower, ittvakv any rent~t3i~ p~r-
<br />nlitted iv pa_ragr-~ph iR hrrrat.
<br />~~=--ti-I \fFu!: ~t t': rt'F;SAS'FF. Fiol•rnwer and {,Piigei' to Yflirr t'ai't'f nilit arty bjt; rC(' as iaiitri~
<br />l8. Acceleration; Remedies. Iixcrpt as prorid,•rl in ptuagrsµl; 17 iemeF. upeen Barrots'rr's breach of :rny
<br />eavcnant or agreemnnr of Bonow,•r in this ,liort;;age. including the cavrnauts to pay when dun nay soot. -c. s=~:*i
<br />by this Alartga~e, lender prior to rceelut•atian ~6:t11 mail Holier to 13orrua'cr us piY,vidrd iu partgratti Id hereof
<br />speciiving: it: the. breach: ,2~ the action rrqun~cd to cmt• such hieacli; ~:1% a data" oat leas tirtn thirty days
<br />from du drrtr t6r~ t:~iu~•r• a uutilrri to liorrotcrr. tn• nhiclt such hrs•arh inust,~>c ew'rd; an,t ~4~ *.2;at tai}arc ht rare
<br />3
<br />much hrrach on ur hatorr• the ,,laa= speci$ed in the Holier uisy result in arcrlrt;ttun: of tie suu~~ ~wrure=.1 by this
<br />\lortgagr uud sale of the I'raperiy-, li tie brrari~ is not eatrrd oaa ur 6etarr tie date speeftied in tlr- ttrttre, bender
<br />ar Lender`s aptia^ ai:n- drelare ;,li of the gum= secured by this \lortgagr iu be iuaucdtately .'tar sat<I itavable
<br />tsithout further rirtnand sari tnsv +_'orcrln.r this ~lot•tgtt;r by ;uairial prat^eedtng. Lracxr ial: fR .-r,rtNe~ to calieet
<br />ue .,urh lxorr`edint; alt r•xprnsr.. ui iurrclasurc. uu•lucliug. but not liuutcd to. casts of docuu,,a:ar~ vvidrure,
<br />aistructs and tftlr reports.
<br />I$. Bonaweis Right to Reinatata \attvithstnndnag Lrnderr arrrleratian of tl:r sr.;ts areurc~I by tha
<br />Iortgage, Borrower sha31 halve tits right to have any proceedings begun iy Lrnder tr± r•tlfurec• this MorEysge rlis-
<br />cuntinued at anV time prior to entry pf a judgment rnftH•riu}; this \Iartgage if rat Borrower iwps Lrnder alt
<br />same which would be then due under this Jortgage, the :tiutr and notes srruring Future Aeh•anee, it nnv, hall na
<br />aceeleratiau occurta +; ! bt Harma•sr • ter- all !z t,trlte= ut ..tiv ut!?rt cot rnsnt ar atrr=true{ _ : Il.rrrau°rr tF.n~
<br />tainecl in this hSnrtgagce; tel Harrower Ir<9gs alit rrusansblr c~pt nar~ inrun•rd hy° }.rmtrr m eulttrring the ravetraMts
<br />and agreements of Borrower containctl to this \-artr;age and in entoreing t.rndcr'.. rrtttc~rlie+ tis ltntvidcvi in }*srt-
<br />graph 18 hereof, including, but not limiteti to, reasonable attorney's tees; autd tttt Borrower taltt~ +ucla aetinn as
<br />bender may reasonably require to assure that the lien of this Mortgage, Lrtader's imcecet ht the Pntperty and
<br />Bormwer's obligation to pay the stuns secured by this \lortgagr shall runtime nniugraircwi. I?pon ueh payruent
<br />..and-cure by Borrower, this ;43ortgage and the obligalio:ts serur~t hereby shall remain in loft force and effret as if
<br />no acceleration had occurred.
<br />20. Aasigamant of Rata: Appoiatmaat of Receiver. Lender in Posseeaiaa. As additional security hem-
<br />. under, Borrower hereby assigns to Lender the rents of the Property, provided that Horroe-er shall, priar to acceler-
<br />ation under paragraph 18 hereof or abandonment of the Property. have the right to collect and retain such rents
<br />as they become due and payable.
<br />Upon aeceieratian under paragraph 18 ltareaf or abandonment of the Yropcrty, Lender, in person, by agent
<br />or by judieiaily appointed reoeiver shali.be entitled to enter upon, take pa~essfmt of and manage file Property
<br />and is collect the rents of fhe Property, including those past due. Ail rents collected by Lender or the receiver
<br />st;slE be applied fit~t to pay~ttrent ai $be coats of tnaaagentea of the Property and eollectiort of rents. ineiurling, but
<br />not. limiiedta, receiver`s fees, premiums an receiver's bands and reasmtshlc attorne}'•s tees, and then to the sums
<br />secured by this Mortgage. Lender and the receiver shall be liable to account ooh .or those roots arhtalh received
<br />
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