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not extend or postpone the due date of the morthty installments referred to in paragraphs I and 2 hereof or
<br />change the amount, of such installments.
<br />10. Borrower Not Released. F,xtension of the liras for payment or modification of smortization of the sums
<br />secured by this Mortgage granted br bender to any successor in interest of Borrower shall not enerate to release,
<br />in any manner, the liabilii}• of the original Borrower and Ba•rowcr's successors in interest. I,endAr 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 b}• reason of any demand made by the original Borrower and
<br />Borrower's successors in interest,
<br />11. Forbearance by Lender Not a Waiver. Any forbearance lay Lender in exercising any right or remedy
<br />hereunder, m• otherwise afforded by applicable law, e.hail not be a n•siver of or preclude the exercise of any right
<br />nr remedy hereunder. The proctu-emettt of insurance or the payment of taxes or other liens or charges by Lender
<br />shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this !lortgage.
<br />12. Remedies Cumulative. AIt remedies pmcided in this \lortgage arc distinct and cumulative to any other
<br />right nr remedy under tills Mortgage or ntlurder! hp late or ,.quit}, and mu} be exercised cencurrcntly, independ-
<br />ently or successively.
<br />13. Successors and Assigns Bound; Joint and Several Liability; Captions. Tilt: covenants and agreements
<br />hereiu contained shall bind, and the rights hereunder shall iuurr to, the. respective stccessors :std assigns of Lender
<br />and Borrower. =object to the provision= of paragraph !7 hereof.:\II covenants and agreements of Borrower shall
<br />~ • be joint, and severs!. The cupiions and heading: of the ~taragr;ytlss of this Mortgage are fw• convenience only and
<br />~' are not tc be used to interpret or define t he provisions hereof.
<br />~ 14. Notice. any notice to Iorrower prodded for in this \lortgage shall he given by mailing such notice by
<br />certified uuul ackh•essed to Borrower ;tt the Property address stated below, except fur any notice required under
<br />paragrsph IS herroi to he p;ivcn to Borrowee in the manner prescribed be applicable late. env u<>til•c provided
<br />for iu this Alortgage shall 6c deomed ro lusve bean given to Borrower when given in the utanner designstcd herein.
<br />15. Uniform Mortgage; Governing Law: Severability. 'Chic form of mortgage i•amhines mtifonn cevauants
<br />_-_ for national use and non-uniform covenants with limited variations be jurisdiction to eonstit-ate a anifornt secu-
<br />rity inst.ruu[ent covering real property. 1`his \Im•tgage shall 6e governed by tht• Inw of the jurisdiction ir^ which
<br />the Prul:crty is located. In the c~-ent that any provision m~ clause of this lim•tgage or the :<ote eonfiicts with
<br />applicabl<^ ia:v, such conflict shalt not sffeci outer provisions of this \Iorigage or the \ute which can 6e given
<br />effect without the confliciiug provision, and to this end the provisimts of the Mortgage and the 1l,ote are declared
<br />to be sevc-..cable.
<br />16. I3arroviei s Copy. Borrower shall be furnished n conformed copy of this \lortgage at the time of execu-
<br />lion or after reeordatior. hereof.
<br />17. Transfer of the Property; Assumption. If all or any part of the Property or sn interest therein is sold
<br />or transferred by Borrower withoui Lender's prior written consent, excluding (a) the creatSott of a lien or encum-
<br />hrance subordinate to this \lortgage, i b) the creation of a purehao_ money security interest for Household agpli-
<br />an~es, tc) a transfer by devise, descent or b}• operation o2 laty t:por. the death of a joint tenant or tdl the grant of
<br />any leasehold intttresi of three years or Less not contniniug an option to purchase, Lender shay, at Lender ~ option,
<br />declare ail the sates secured by this Mortgage to bc. iimnediatel}• due reel payable. Lender shall stave waived such
<br />option to accelerate ii, prior to 'the sale or Transfer, Lender and the person to whom the Propert-y is to tx sold or
<br />trmsferreYl reach agreement. in trriting that the credit of such person is satisfactory to Lender and that the interest
<br />payable on the sums secured b}• this A~lortguge shat! be :st such rate as Lender shall request. If Lender has waived
<br />tae option to accelerate provided in this parngriph 17 sets it Borrower's successor in interest has executed a writ-
<br />ten assumption agree!nent accepted in writing in- 1.onder. Lender shall release Borrower Tram all obligations ardor
<br />tit13 Mortgage and the \ote.
<br />If Lender exercises sue!; option to accelerate, Lender shalt trail Borrower notice of acceleration in accordance
<br />with nar_~rapft 14 hereof, ;;uch notice shall provide t[ period of nut less than 3Lt days from the :fit. else roi~re i4
<br />trailed t+-thin tsCrirl, Ltorruwer Wray pay the sun*_s declared due. if Bormwcr t s -, to }ray such sumo prior to rho
<br />ixptr.sttvi, t..-_u~,i }t. rltJ:i. Litttier Lna}•. :lltilOtiF ill Ct'ttcr tt0[I~l C2 ri ettianEl Uri BUi1i~w ~'C, titE 4ldt` itft4' reLtKdieR paP-
<br />mitred t)y uaraarault 18 hereof-
<br />~c:::-I~stFr~,r_,t t'„vF:*rnR~rs. Bort•owcr auii LFntier Iurtlsi•s• cunt=eater sod sgt•uc as fn??uis•s
<br />Ig. Acceleration; Remedies. Except as providers in p:uagraph t7 In^n°ut, upon BuerowE=r'. brr'aclt of xnv
<br />revenant nr Ltgrectuent of Burrower in this Mortgage. incld:ding the ruvenants to pa}• tchrn dttc any sinus „^cure$
<br />by thin \lortgage. !.ender prior to acceleration shall outs! uo4re to Bw•rmvcr ss provided in paragraph l~F hereof
<br />npe==^Lit•mg: LI i t+ir breach; ~3) the action required to runt such breaelr; IRl ,~ dat,•. noF IE,n thou thirty Jaya
<br />irmu the riutc tL>t~ court i• tousles! to Borrower, b}• which sur6 l,~rarh must be cuttvl~, :ustl i•il rhos tsiitur to cure
<br />,tacit 6reaeh on ur t~clbre the dace sperifed in thu notice stay result in aecelreatiun oC else suu~s securE~i by tilts
<br />Siortgagc snd sale of the Property If rite breach i.; not cured on or lxlorr the datlc s1KV^ilica let tltc rtotirr, Lendee
<br />sr Lrndrr's nptiim mac declare all of the souls secured by [his Mortgage to lx tnmtvtlintcly- doe Lunl payable
<br />without further dtvsau^t and :nay foreekz-e tilts Mortgage b.• ludieial proseidiug- Lender ~hxll ire ,ettiticti to c?ilost
<br />in sorb pruceerhn;; all expenses of ioreciusurr. inclu,ing. 6ttt nut lnuucd tu, costs o2 dtx•unn•ut.u'}~ ccidena•,
<br />nbsP,nsets and I,itra ra•txrrty.
<br />lli. Borrower`s Flfglst to Aeittslate. ~otwithatanding Lenders :sceelcratiuu uC the .ant` secured Uv this
<br />;hfortgsge, Borrowor shall have the right to hate any proeeedintcs begun by Lind. r to cnforer this \lortgage dis-
<br />continued at any finis prior to entry of a judgment enforcing this \Iongage ii: la1 Borrowor !rays Lender ail
<br />sutra which wotdd be then due under this Mortgage, the \ots= artc3 notes securing N^utw~~ ;~dr•ances• if any, had tso
<br />acceleration occurred: tb1 Burrower t•ur€k all hr 'ttt,!•s c! -tr.y otster vuta•nrtnts ur a;}n~E•tate-t;t-.:>C lqu~€nsvi±€ cn=t-
<br />taineci in this Mortgage, te) Borrower pa}':+ all trssunahlc rxl><•nse.> inrurst~i tn' Lender itt e•nforeing tlu• ruvetsant:r
<br />-and agreements oC Borrower contained in this ~lurtl;nge :snd iu enforcing Lender: rernetliex tss pruvidtgi in para-
<br />graph 1$ hereof, including, but not limited to, resaonair}e attorney's fees; snd Idt Borrower takes such action ax
<br />.:Lender may reasonably require to assure that the lien of this \lortgage. Lender's interest iu the I'n~terty and
<br />Borrower's obligation to pay the sums secured by thin \tortKago shall eontivuc unimpaired. t,tiwu such payment
<br />- cad sure 6y Borrower, thix l~lortgage and the obligations serure<l hereby shalt reuisiit in Cull force and etTert as if
<br />no acceleration had occurred.
<br />20. Aasigxim~at of S~ Appoimtment of Ft~aeiver: Candor in Posasasioa. 3s additional security here-
<br />- under, Borrower hereby assigns td I:ender the rents of kiss Property, provided that Borrower shall, prior to aeceler-
<br />^ anon under paragrapls 1$ hereof or abandonrrtent of the Property, have the right to collect and retain such rents
<br />as they 6eeome due and payable.
<br />Upon acceleration under paragraph 18 hereof or ahandomnent of the Yrolurty, bender, in person, by agent.
<br />ar by judioialiy appointed receiver shall he entitled to enter upon,take possession of and manage the Property
<br />and io collect the rents of the I'mperiy, fnciuding those-peat due. Atl rents celleetett by Lender or the receiver
<br />shall be applied first to payment oC the etrst.3 of tnanagerneut of the Property anti collection of rents, including. Entt
<br />not Jitniteci to, receiver`s fees, premiums on receiver's bumis and rcasonahie atrornev's leer. and then to the sutra
<br />secured by this Mortgage. Lender and the receiver shag he liable to account onl Far those rents actually received.
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