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Hat exteati or {3ostpacaa the date date cn' 4~'li~ie tno~rtithtt icsta,llnyt~~nts referred tai in iuaeagr'aptas 1 and 2 hereof +rr changva the- at;tcaunt of such installments. ltl. Borrower Not Released. I$~.ens~it'iu v'f tlfl'te tira~~ae for psynze~r~rt. o;r mociifi+,ast'ion-s oat astavrtiz~at.'io~rt of its+> su;~ns secured by this 3lvrtgitga granted by I,endtr tau a'aay successor in interest of Borrv'wcr shale not operate to release, in any anannar. fife liability- of the original Barrowe±• anti Borrower's successors in interest. Lender sf~li not- be required io commence nraceadings against such successor or retusa to extend time for payment or othercrise modify amartization of the sums secured by this ',tartgage try reason of any demand made by the original Borrower and Borrower's successors in interest. I1. Forbearance by Lender Noi a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or aiherwise afforded Lc applicable ]aw, shall not be a waiver of or preclude the exercise of any right or remedy- heretucder. The procurement of insurance or the payment of taxes or other liens or charges by Lender ~} shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this Mortgage. 12. Remedies Ctrrrauiative. All remedies provided in this \lortgage are t}istincc and cumulative to any other right ar remedy- under this lortgage or affordai by L•tw or equity. and may be exercised concurrently, independ- enth_ or successively. 13. Successors and Assigns Bound: joint and Several Liability; Captions. The covenants and agreements 0 herein contained shall bind, and the rights hereunder shat} inure to, the respecticc successors and assigns of Lender aa:d Borrower, suhjcct to the provisions of paragr:,pit l"r hereof. All covenant= and agreements of Borrower shalt ~ be joint and several. The captiors and headings of the paragraph= at this Mortgage arc for convenience only and t`~ are not tc be used to interpret or define the lttovisions hereof. 14. Notice. 9ny notice to Borrower provided for in this Mortgage shall he given by mailing such notice 6y c•cstifii-d ,nail sddrtssed to Borrower at the Proper[}- _~dd,rs:..;tated befo:r, except for any notice required under paragraph 18 hereof to be given to Borrower in the manner prescribed by applicable law. Am• notice provided for in this ~[ortgage shall he deemed to have be=en gi~-en to Barrocer when ~iveu in the matmer designated her=in. 15. Uniform Nartgage; Governing Law: Severability. This form of wortgage ccmbines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a unifotm secu- rity instrtunent covering real property. This \lortgage shall be governed by the late of the jurisdiction in which the Property i>• located. In the avert ±hat any provision oj• clzuse of this Mortgage or the Note conflicts with appiieable ta::. such conflict. shall not affect other provisions ai this Mortgage or the Note which can be given effect. without ti:e canflict.ing provisiatt, and to ibis end the provisions of the Jlortgaga and the Vote are declared to be severable. 18. Borrower's Copy. Harrower shelf be furnished a conformed copy of this Mortgage at the time of execu- tion or after rerordat.ion hereof. 17. Transfer of the Property: Assumption. If all or env part of the Property or sn interest therein is sold or transferred by Borrower without. Lenders prior:critten consent, excluding (ai the creation of a lien or encum- brance subordinate io this Mortgage. tbj the creation of a purchase mon:y security interest for household appli- ances, i cj a transfer by devise, descent or by operation of ]stv upon the death of a joint tenant or (dj the grant of any leasehold interest of three years or }ess not containing an option to purchase, Lender may. at Lender's option; declare all the sums secured by this Mortgage to be immediately due and payable. Lender shall have waived such option to accelerate i?, prior ro the sale or transfer, Letnder and the person to whom the Property is to be so-d or transferred reach agreement in writing that the credit o? such person is satisfactory to I:ender and that the interest payable on the sums secured by this Mortgage shall be at such rate as Lender shall request. If Lender has waived the option to accelerate provided in this paragraph 17 and if Borrower's successor in interest has executed a writ- ten assumpt.iar. agreement accepted in writing by Lender, Lender shall release Barrotcer front alt obligations under this Mortgage and the \TOte. If Lender exercises such option io aces}crate, Lender shat wail Borrower notice of accceleration in accordance with paragraph i•I hereof. much notice rktaii 1?ravide a !rectal o? net lea,. t}can 30 bays from the date ti ~ notice i; mailed within which Borrower may pay the aunts declared due. It Borrowet• toils to tray such sums prior to the exl?iratian of such period; Lender may, without further native er dcwand an Barrnwer: invoke any remedies per- mitted by paragraph IB hereof • ~jc,~_tr,•..~...,.. ('c,..,x•~Rm,• rz ,• , t l t• 't ...nt .. tt vr?•trtser r.t letx ea' :t •hs~r ctcta't~c a.:l a~:•ee ak t€...Ctvs= - lg. nCcrlerati5n; Irenredies. Ixccpt as prat'ielcd in paragrapi, i7 hereof. unou Parrocver`s itreaa;tt of acv covenant or agreement of Borrower in this Mortg:tgo, including the revenants to pay when tine any sow; secured by this \lortgage, Lender privy to acrelecatiou shall u+ail notice tct Harrower as provided in paragraph 14 hereof specifying: (]r the breach; +2) the action required to cure ~~ch.}tatiach;~(3).a date, not Icss than thin}° [lays from the da*.c the notice i= mailed to Ban•owcr, by which such broach wu,t,d~e~cunctl; un<t +~i that failure to rare such breach an or before the date. specited in the notice rosy result in accclel•atfim of the sums ;eeured by this Mortgage and sae of the Property. If the breach is not cured on or before the date specified in tho notice, Lender at Lender's option way <lec•lare all of the suns. secured by this Mortgage to 6e innntxiiatelr° due and payable without furtt:er demand and may foreclose this \lvrtgage by judicial proceeding. Lender shall be entitled to collect in such pr•acecdink all expanses of foreclosure, including, but not limiteii to- costs of documentary evidence, abstracts and titir reports. 19. $orrowQr's Right to Reinstate. \atn•ithst:uxling Lender's acceleration of the awns secured by this i'Yfortgage, Borrower shall have the right to stave any proceedings begmt b}• Lender to enforce this Mortgage dis- continued ai any time prior to entry of a judgment c•nfoTCing this \lortgage if: ttt} Borratver pays [.ender all sums which would be then clue under this Mortgage, the Note an+t notes securing Future Advances, if any, had no accelerativn occurred; ib) Borrower cures all breaches of any other cvvenants or agreements of Borrower can- -faired in ibis vlarigage; (c) Borrower pays alt reasonable expenses incurtt~ct itv !.ender in enforcing t#te eavenants -and agreetnentas of Borrower contained in this \tortguge and in enfvrcing Letuter's reuedies as provided in psrs- - graph 18 hereof, including, but not limited to, reasonable attorney's fees; and tdt Borrower takes such action as Leader [nay reasonably require to assure that the lien of this 3ortgage, I_ander'• interest in the Property anti Borrower's obligation to pay the sums securest by this \=lortgage shall continue unimpaired. Upon such payment and cure by Borrower, this ;4lortgage and the obligations secured hereby shall remain in full force and effect. as if no acceleration had occurred. Z(1. Assigamant of Roots; Appciatm~at of Roceiver, Lender is Fossessioa As additional security here- - under, Borrower hereby assigns to Lender the rents of the Property ,provided that Borrower shalt, prior t.o acceler- ation under paragraph 18 hereof or abandonment of the Property, have the right to collect and retain such rents as they become due and payable. i3pon acceleration under paragraph 1$ hereof or abandonment of the Property. Lender, in person, by agent or by judicially appointed receiver shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property, including those past due. All rents collected by Lander or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorne~•'s fees. and then to the sums secured by this Mortgage. Lender and the receiver shalt he liable to account onh• for f~ se rents artualh~ received.