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<br />not extend or 1'iostpone the tine data of tlur rnortthfy ir~]strillnrent,~+ referred to i^ Iaaragraphs 1 srxl `L hereoff or
<br />change the amaunt of sueb installments.
<br />10. Borrowei No4 Released. ' Extension of the f imc for payment or modification of arnort.ization of the sums
<br />secured by this Alortgage granted by L.en•'cr to am• =+±ccessor in interest of Harrower shall not operate to release;
<br />in any manner, the liability of the original Borrower and Bonroa•er•s successors in interest. Lender shall not be
<br />required to commence proceedings against such successor or refuse to extend time for payment or otherwise modify
<br />amortizs"Lion of the sums secured by this Alortgage by reasan of env demand made by the original Borrower and
<br />Borrower's successors in interest.
<br />11. Forbearance by Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy
<br />hereunder, or otherwise affarded by applicable late, shall not ire a waiver of or pt•eeIude the exercise of any right
<br />or remedy hereunder. The procurement. of insurance or the paymPUt of faxes or other liens or charges by Lender
<br />shall not he a tcaiver of Lender's right to accelerate the maturiiy of the indebtedness secured by this Mortgage.
<br />12. Remedios Cumulative. All remei{ies provided in this Mortgage are distinct snd cumulative to any other
<br />right or reateily uudcr this Mortgage or afforded by iuw nr eituitt•. and may hr exercised concurrently, independ-
<br />entl}- ur successively.
<br />13. Successors amd Assigns Botmd; Joint and Severe! Liability; Captions, The eovenantt, and agreements
<br />herein contained shall bind, and the rights hereunder .hall inure to, the respective successor; and assigns of Lender
<br />and Berrawer, subject to the provisions of paragraph 1; hereof. all covenants and agreements of Borrower shall
<br />be ]clot and several. The captions and headings of the 1]aragrtphs of this Alortgage are for convenience only and
<br />ere not to be used to interpret or define the provisions hereof.
<br />Id. Notice. Any notice to Burrower provided for in this Alortgage :hall be given b}• uutilinly such notice by
<br />certified mail addressed to Burrower Rt fire Property Address sleeted below-, except- far erne notice require] under
<br />paragraph 123 hereof to be given to Borrower in the manner prescribed by applicable law. Am• notice pert i~led
<br />Fur in this 11ort.gage .Maul! be deemed to have hccu given to Harrower w6eu given in the manner designated herein.
<br />I5. Uniform Mortgage; Governing Law; Severability. This forty of mortgage combines uniform coventoz is
<br />for national ear. soil non-uniform covenants with limited variations by jurisdiction to constitute a uniform secu-
<br />rity instruuunt. covering real property. This Mortgage shall be governed by the la+c of the iurisdiction in which
<br />the Property is located. In the event: that ;toy prm•ision or clause of this Alartgage or the Note conftiets with
<br />applicable lsty, such conflict shall not affect. other provisions of this Alortgage or the A'ote which can be given
<br />effect. without the conflicting provision, and to this end the provisions of the Alortgage and the Note are declared
<br />to be severable.
<br />16. }lorzower's Copy. Borrower shall be furnished a conformed copy of this Alortgage st the time of execu-
<br />lion or after recordation hereof.
<br />17. Transfer o! the Property; Assumption, Ii all or soy part of the Property or an interest therein is sold
<br />or transferred by Harrower without Lender's prior written consent. exe:sding {s? the creation of a lien or encum-
<br />brance subordinate to ibis Mortgage, th) the creation of :t purrhasc money securit}• interesi for household appli-
<br />ances, (c) a transfer by devise, descent m- by operation of i;ttc upon the death of a joint tenant or (d} the gCant of
<br />any leasehold intarrst of three years or lea not containing au olrtimt to purchase, Lender may: at. Lender's aption,
<br />declare all the sums secured by this Alortgage to be inunediatrly_ due and payable. Lender shall have waiveti such
<br />retire, to ucrelerate if, trior to the sale or transfer Lender unc the a ~ •
<br />} i it u tv
<br />s n to Gam the Pr
<br />o ert-i ob
<br />1 v a t c sold ar
<br />R
<br />transferred reach agrrernutt in tenting that the credit of such person is satisfactory to Lender snd that the interest
<br />payable on f he sums scrgreci by this Mortgage shall be at seen rate Rs Lender shall request.. It Lender has waived
<br />the option to accelerate provided in iiris parRgraplt 17 and ii Borrower's successor in interest has executs•d a writ-
<br />ter. assumption agreement accepted in writing by lender, lender shall release Borrower from ell obligations under
<br />i,his Alortgage and tl3c Nate.
<br />If Lender exercises uclt option to accelerate, Lender ,hall :nail Ilarrotver nc]tirv of atcrierstio^.:;: aoe~3rdsr:i:2
<br />with yaragruph l~l herc,ef. ash notice shall pruvido a parioil of not lees than 30 drys from the date the notice is
<br />mailed within wt+ic6 Harratcrr may pa}• tfie sum. dcclari•d due. IF Borrower tails to rely such sumps prior t,o Lhe
<br />expirat-ion of such peritsi. Lender ma}`. wit-Matt tuttlrer r.oticr or• elrmatrd .n] 13nrrctwr=r, irvakF any r,•tn~di:~ per-
<br />'. - ' iilit(Cil b\° SSFira~T~t]_tt lK t?i=r:.af, -
<br />.•. +r : ._'_} r~~~+, I]orrott°i~r ytt<i I.entter I"ut°titcr i°avisntttrt anii nfr~.i~ a follows:
<br />- t8. Acrslarirtion; R6rrierdiea. Exerpt ns providcal in paragraph ti hereof- upon Itveratver"-, tn~eueh of an}°
<br />raven,u,t. or agreement of Elorrorzrr in this \tartgugc, inelucting the covenants to pa}• tv}ten du,~ any aeons srrurvd
<br />by thin Alortgage, Lender poor to areclrratiun +h:tll nutii Holier to Horrawee as procidcil iu paragraph 14 Stereof
<br />spaeifyirtg: il) the u:rarh. ~$i the action required co rote such breach. tai a date, eat Ica. tlattn th6rtv days
<br />from 'toe date thv notic~• is ntxilcd to Harrower, I,}• tchicl,~ ,urh bmarh must be cured: snd tlt that faihu•e to rur~
<br />yuclt breach on ar before the date spcriheti ha the irutire uuty result iu uccelerution o[ rho stuns srruri~i by this
<br />Afortgrgr atnd sale ut the Property. if the breach is nut cured an sr before- the date speeifiixl in the notice, Lends;F
<br />st Leniier';: aptinr, may declare all of the soma secaritl by thi, Mortgage to ter irnmt~+iiatety duo and payable
<br />without fltrthcr demand anti ma}~ farcrler~• tl,i Akrrtkagc t]v judi,'iu! ptroi-i>riiust;_ Lrntirr shall !tc entrti,•rt tzti collet
<br />ir..aueh pr•urrechaf; a!1 :xpcnars of forerh'sur~. im'iudhi}„ heir oat tintitc+l to, rusts of ciacuuaentarv ~vidcnre.
<br />abstraatx and title rrporis.
<br />39, Hotrower'e Riglst to $•irstskate, tiotteith.5tanding I.eu,iet•'s :icreleratian of shy rums serurr~i by this
<br />ltilartgage, Bgrr:?ever shall have the right to hat°c arty proceeding.. begun t,y Lender to enf,~rer this Alortgage dis-
<br />ci~ntinued at ataV titrse prier to entry of a judi:ntent cnft~•cing thi4 Alortgage tf; taI Horrna•er pays lender al}
<br />sonar which would br then due under this Alortgage, the Rote an,l Hates scxuring Future-Advances, if any, had no
<br />aceelrratiun recurred; ib) Borrower cures all 1>reanc~]~ at' :ur}• other covrmirrts ur a¢mentents of Borrower eua-
<br />tainetf in this ;wlortgage; c) Borrower pays tt{l reasonable expcuar incurred by lender in rotor,°ing tho rovcttaertu
<br />and agrod^tentt: of Borrower eontaineii in this Alrrfgaf;r and ur rnfarring f,eniier'a remtxliea Lis pravidckl in para-
<br />graph 18 hereof, including, but not limited ta, reasonable attorney's fern: and +df Borrower takes such aetirn as
<br />Lander rosy reasonably teilaire to assure that the lien of this A(artgagca Lruder's interest in the Property anil
<br />- ~atrower's obligation to pay the sums secured by this Alortgage shall continue unimpairrrl. t'lxut aueh prsytttrnt
<br />_snd eaare by Borroacr, this Aiartgago and the obligations s~ureit lterehy shall m-main in tall ford atxi efl'eet as it
<br />no acceleration had occurred.
<br />20. Asargnmant o! Rusts: AppaintASeut of Receiver; Lender in Possession. as additional security here-
<br />- • under, Borrower hereby assigns to Lender the rents of the Prolerty, pravided that Borrower shall, prier to aeceler-
<br />atian under paragraphs 18 hereof or abandonment of the Property, have tiro right to collect atxi retain strop rents
<br />as they become due and payable-
<br />. Ltpon aearleration under paragraph 28 herraf or abandonment of the Property. Lender, in person, by agent
<br />or by judicially rppointed receiver shalt be entitled to enter upon, take possession of and uranage the Yraperty
<br />and to collect the rents of the Property, including thane past due. All rents rallected by Lender or the reoeivee
<br />sltail be applied first to payn3ent of the costs of management of the .Pralterty and eultection of rents, including, but
<br />not limited ta, receiver's fees, pretniwns on rcerivers bond- and reasonR6lr attarrv ,'s fee-., and then to the gums
<br />secured by this Alortgage. Lender and the receiver shall br liable to accetrnt ooh- for these rents schutlh• receivi•d.
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