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<br />not extend er postpere the due date of the montlily installmente~ referred tc in paragraphs 1 and 2 hereof or
<br />change the amount of such installments.
<br />10. Borrower Not Released. Extension oY fire time for payment or modification of amortization of fire sum.
<br />secured by this _lortgage granted by Lender to any successor in interest of Borrower shall not operate to release,
<br />in say manner, the ]iabiiitc of the original Borrower and Borrower's successors in interest. Lender shall oat be
<br />required to commence proceedings against such successor m• refuse to ext,eta€i time for payment or otnerwise modify
<br />amortization of the sums secured i;y this Mortgage he reason of any demand made by the original Borrower and
<br />Borrower's successors in interest.
<br />I1, Forbearance by Lender Not a Waiver. Any forbearance by Lender in exercising any right. or remedy
<br />hereunder. +r athenvise afforded by applicable law, shall not he a waiver of or preclude the exercise of any right
<br />or rensedp hereunder. Thr_ procurement of insurance or the payment of taxes or other liens or charges by Lender
<br />shall vot he a waiver of Lerder•s r>.ght to accelerate the maturity of the indebtedness secured by this Mortgage.
<br />12. Remedies Cumulative. AI! remedies pnwide<i in thi.: \lortgage arc distinct and cumulative t.o any other
<br />right. or remedy under this Mortgage cr afforded by taw ar aloft}-, and ma}• be exercised cot:currently, independ-
<br />~ curly orsuccessiveh.
<br />a 13. Successors and Assigns Sound: joint and Several Liability: Captions. The cotenants and agreements
<br />herein contained shall bind, and r_he rights hereunder =hall inure to, the respect.ivc successors rind assigns of Lender
<br />.md Borrower, subject to the precisions of itaragraph i i hereof. all covenant, and agreements of Borrower shall
<br />be joint and several. The caption and headings of the paragraphs of this \lortgage. are for convenience only and
<br />~ are not to be used to interpret or define the procisiuus hereof.
<br />19. Notice. Any iiotic9 ro Borrower provided far in this \lortgage shall be given by :nailing such notice by
<br />certified mail addressed t-o Borrower st the Property ,address stated below, except for any notice required tinder
<br />paragraph 18 hereof to lc given to Bon•ou-er nr the manner preseribecl by applicable Iats. Atn• notici• provided
<br />far in this J~fortgage shalt he deemed to have been given to Barrower n•han given in the manner designate~~ci herein.
<br />I5. Unito.-zn Mortgage: Governing Law; Severability. 'Phis form of mortgage cflmbines tmiform co4'encmts
<br />tar national use and non-uniform cacemtnts n•ith litniiecl variations b}• jurisdiction to constitute a unifarnt, s+:reu-
<br />rity instrument. covering real property. 'Phis Mortgage shalt he governed by the law o[ the jurisdiction in wltirh
<br />the Properi} is totaled. in the occur that any pravisiotr or clause of this \lortgage or the Note conflicts with
<br />applicabl,. :.«, suc'rt contiict shall oat affect other provisions of this ~lartgsge or the Note which can 6e given
<br />effect wit sou*. the confiic*.ing provision, and to this end the provisions of tfte :klortgage and 'the Nate are declared,'
<br />to be severable.
<br />lc. Borrower's Copy. Borrower shall be furnished a cantormed cop}- of this Mortgage at the lima of execu-~'.
<br />tion or after recordation hereof.
<br />I7. Transfer of the Property; Assumption. Ii all or any part of the Property or an interest' therein is sold
<br />or transferred by Borrower without. Lender ~ prior written consent, excluding 1',tt} the creation of a lien or encum-
<br />brance subordina+,e to this SloMgage. i hl the creatiot: of a purchase money isi"iiui•ity interest for hqusehold appii-''
<br />anew, (e) a transfer by devise, descent ar by operation of law upon tl;e death of a joint tenant or fdi the gt:etrt of
<br />any leasehold interest of three years ar less not containing an option to purchase, Lender may, of Tinder's option.
<br />declare all the sums secured b}• this Mortgage to be inunedistety due atui payable. Leander shall have. n'aived such
<br />option to accelerate ii, prior to the sale or transfer, Lender and the person to wlious 'the Properi.,r' is tv Ire cold ar
<br />transferred reach agreement in n•riting that- the oretiit of such person is satisfactory to Lender and that oleo ini:en~t
<br />payable on the sums secured by this :ilartgage shall lee at such rate as Lender shill request. It Lender Itas waived
<br />the opiion to accelerate provided in this paragraph 17 anti if Borrower', s•,t€^cessor in interest has executtci zt ovrit-
<br />ten assumpt-fan agreeutent accepted in writing by I.encier, I_encier shall rolrsse Barrower Tram all ohligAtions under
<br />thin RSartgage ant, tee ::ale.
<br />If Lender exercises such opiion to accelerate, Lender shall mail Barrower trat,iCe at acceleration iu acgordance
<br />u•itlt paragrs:.li i~l boreal. such entice shall uinr^icle a peri.x! of not Ecs., t:I:a:'t :3tt, c+~a}•s recto ate data ci;c notice is ~.
<br />mailed n tthin wltieh Borrower may pay the swn~ dec~Isrect due. If Borrawt'r ia; ~ to €kty sukh -'-utta+ [ts'ior tq the
<br />i nplr,.tio.~ 4, `;1{'il. i:. rich, Lender iF,„}`. ...tl.al.. f:,, ....(.i P,.,:1tt' C: :iCtk ir..n0.1 ~i. Fi ~F h; rtY~i •.Er, invcEr- any ,v a..e~tt.:.s pqr-.
<br />miffed by naraeraoh LS hereof. ~ '~ '~.
<br />-. s s -
<br />titia-t'+tt't~r;; t'~,v>:*~ev•rs. $orro+vei• anti Lender turt_tser c•ari=slant ;and .tor€'i• :ts it~ttoi+s:
<br />18. Aceeleratioa: Remedies. Lxcept us provided ir. patagrnph I; itrn•af. ultciu Borrnn•ir•a I>raaeh of an}•
<br />covenant or agreement of Borrower in ells \lortgage, including the covenants iu pay why-n dut• any sun;.c ..rr+tr€vi
<br />by fhis Mortgage. Lender prior to acrelcratiou shall mail uotic~ to Barrowoe as provi+ii•d trt paregrapit 19 hereof
<br />specifying, jl) the breach; t?S the action requlrc+t to cure such bmaeh: tar a date. not h•ts titan thirty flays
<br />from the date the notice is uraileci to Borran'er- he which such breach must be cued; :wd :fir that failure to cure
<br />•=uch hrat€ch on or bc~lore the date specified its the n+±Gec utu}• result in areeie!•utiot. a? tiu• _,aia~ sceurcai l~• flog
<br />\lortgage and sale at the Property. If rite breach rte not cur ri un ar tiel4?~t9* tt~lic dace specified in the naG~fY;-a• 1',I~d-ndttr
<br />,u. I,endcr's option mar declare xli of the sums sad>t•m•ett Iw- this ~far~~gq&~,~, ro Iws immediately dnc clod IYa~wabCe
<br />u•ithuut Curt.her dcutanri <uui may farerlose this Ab,trikgagr ht iudicmi prnct€~ti',in~a_ I.e~ntfer shall 6e t•nn~tlty:} to p'~alle+^^-t
<br />in sorb pruccediut; all expenses of Iarcrlaairc, Imli,luding, but not l'lnliiEw'Id to., €•nst.g of dacumrntat,;• d•wr€jlcncc.
<br />abstniots rend tint report...
<br />19, Bonower'e Right to Reiastaie. \otn•itlihtanding Lander'. dtcr€Ilq'i'tttign ot• thv sinus se€un~€1 Iryr this
<br />Mortgage, Borrower shalt have the right to hat•c rutr~j• I'rroeeadin~ hegutt h}• 'Lander rn cnfarev this 'Itattg8q~t d!is-
<br />eantinued nt any time prior to entry at a judgmotrt enforcing this; ~C€ttYgage if: taY Borrower pays l.en€;ikm all
<br />sums which would he then due under .hie \lortgage•,`. the lose and pates sgrcuring Future Advances, if arty, lord no
<br />areelarstinn accuri-e>ti: iht Harrower cures all hte~:xj^h€•a of arty other €.cr+enanta or agn~ntnnts of ~arft+wt:r s€tr,-
<br />t~in~i in this IvloM-gage; ici Hnrmwer pays all recap„uuthie expetrses inrufrc~j fly [.~ndcr in utfarcint; thq gstvgfta~nG+
<br />and agreements of harrower contained in tiffs 11nrtN,l;at»c and in entarrintr I.radcr's mmeches as provhttMi Sn l~ht'~ra-
<br />graph IS hereof, including, tint not limited tn, reads€~!tittble attorney's loos; sect td! Borrower takes surh'itcEiun as
<br />Lender rosy reasonably require to assure that the;,ten of this Morigltgc. ;L'ender's inter€~t in the Pi•tiliturl3' and
<br />Borrower's obligation to pay the sums secured by'rkiis Mortgage shall cantiime «nintpaitrc}. I?pon such payment
<br />- and cure by Barrower, thislttartgage and-the. nhifgaiians seeured lrerehy shall re-utaiu in felt fors: and etText as if
<br />na acceleration had oceurmd.
<br />20. Asaigameat of Rents: *lppaiatateat o3 Receiver: Leader is Possamttioa As additional security hen
<br />• under, Borrower hereby assigns to Lender the rents of cite Property, [irovidect that Borrower shalt, prior to acceler-
<br />anon under paragraph 18 hereof or abandonment of fire Property, have the right to rolieot and retain such mots
<br />ss they 6eeome due and payable.
<br />Upon aneeleratiau under paragraph 18 hereat ar abandonment at the Property, Lender. in potion, try agent
<br />or by judicially appointed receiver stall be entit}ed to enter upon, take possession of and manage the Property
<br />and io collect the rents of the Properly, including those past due. Ali tents collected fly Lender or rho receiver
<br />shall b4-applied first to paym;'nt of the emits of tnansgement of the PrrrpeMy and collc~tian of rents, including, cwt
<br />not limited io, receiver's fees, premiums on receiver's bonds and t•easonai>ic attorney`s tees, and then to the stuns
<br />secured by this Mortgage. Lender and the receiver shall he liable to account onh• ~n those rents actually received.
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