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not extend or postpone the due date of the monthh• hstallments referred to in paragraphs 1 and 2 hereof or change the amount of such installments. 10. Borrower Not Released.- Extension of the time t'm• pavnrent or modification of amortization of the sums secured by this tilortgage granted by Lender to any successor iu interest. o£ Borrower shall not operate to release, in any ananner, the liability of the original Borrower and Borrower's successors in interest. Lender shall not be required to commerce proceedings against such successor or refuse to extend time for payment or otherwise modify amortisation of the sums secured by this \lortgage in• reason of any demand made by 'the original Borroter and Borrower's successors in interest. 11. Farbeasance by Leadez Not a Waiver. day forbearance 6c Lender ia; exercising any right or remedy hereunder, or othernise afforded by applicable law, shall not be a waiver of or pmrlude the exercise of any right ~ or remedy hereunder. The procurement of irsurance or the payment of taxes or other liens or charges b}- Lender jf1 shall not be a waiver of Lender's right ±o accelerate the maturity of the indebtedness secured by this Martgage. ~ 12. Remedies Ctuaulative. .411 remedies provided in this \Iorigage are distinct and cumulative to any other right or remed}• under this Mortgage w aafforded in- Iaw or equity, and mn}• ire exercised canrurrentdy. independ- `y early or successively. 13. $uuessors tmd Assigns Bound; Ioint turd Several Liability; Captions. The covenants anti agreements hernia contained shall bind, and the rights hereunder shall inure ta. the respective successors and assigns of Lender ~ and Borrower, subject to the provisions of paragraph 17 hereof. ail covenants- and agreements of Borrower ehalI ~ be joint. and several. T;.e captions and headings of the paragrnphs of this Mortgage are for conrenieuce only and are not to be used #o interpret ar define the nrovisions hereoi- 14. Notice. any notice to Borrower pro. i<ietl for is this ilorignge shall he givtsa by mailing such notice by certified mail addressed to Barraner at the Pro~.ert}- address ~tatcd hclon, except for any notice required under paragraph IS hereof to be given ro Barro:ver in the msneer prescribed by applicable law. Any notice provided far in this Mortgage shat] he deemer, to have been given to Borruw-er x hen gie-t:n in the uaamter designated herein. 1S. Uniform Mortgage; Governing Law; Severability. 'I'bis form of mortgage combine; uniform covenants for national use and non-uniform covenants with limited raristions i~}• jurisdiction to constitute a uniforna secu- city instrument covering rest property. This Mortgage shall be governed by the is•a- of the jurisdiction in which the Property is located. In the evert that any provision or clause of this lortgage or the \ote ronP,icts with applicable law, such confiici shalt not affect other provisions of this Mortgage or the Noto which can be given effect x~thoui the conflicting provision, and to this end the provisions of the \iortgage and the \ote are declared tQ tiC Severable. :& Hotrowei s Copy. Borrower shall be furnished a conformed copy of this \Iortgsge st the time of execu- tion or after recordation hereof. 1T, lYtatsfes of the Property; Assumption. If all or an}- part of ttae Fmperty or an interest therein is sold or transferred by Borrower without Under ~ prior written consent. excluding (al the creation of a lien or encum- branx subordinate to this \iorgage, {b) T.he rrea#ion of t: purchase money security interest for household appli- ance" Cej a transfer by devise, descent or by operation of lan upon the death of a joint tenant or (dl the grant of any leasehold interest of #hree years or less net containing an option to purchase, Lender may, st Lender's option, declare all the sums secured br this )Iorfgage to be immediate]}• due and uayable. Linder shall have waived such option m ac^elerate ii, prior to the sale or trarasier. Lender and the perwn to whom the Property is to be sold or transferred reach agreement in writing ths# the credit of such person ie sstisfscion- to Lender and that the interest payable tm the sums secured by this :Martgage shall be st ;uch rate ae Lender shall request. If Lender has waived the ogtian Lo accelerate provided in this paragraph 17 and ii Borrower's suceesear in interest has executed a writ- ten assumption agreement accepted in writing by Ixnder, Lender shall release Borrower from all obligations under this Martgage and the Note. If Lender exercises maelt option to aceelerste, Lender shall mail Borrower notice cf acceleration in accordance with paragraph 14 hereof- Such notice shall provide a lreriod of not f_:s than 30 days from the Sate the notice is mailed within which Borrower may par the sums drrlared due. If Borrower iaifs to pay such sums prior to the expiration of such period, LQndrr ms .without further notice or demand an Borrower, intake any remedies per- mitted by paragraph IR hemaf. has-L`~tFattat lorEat+x•ts. Barr•oxrer and Lender further covenant and agree ss follows: I& Aceefe:a#ion; Remedies E,xeept as Itrovidrd ;n paragr;tplr I7 he-reef, upon Iorrower`; breach of any coveuaut or ag*_eement of Borrower in this. Martgae._• inriuelittg the coven<^.ts to p:a}• tvl:rn due cry scans secured by this Slarigage, Lender prior ±e acceleration shall tm.ii nonce to Borrower ss provided iti paragraph 14 hereof specifying: (11 the breath: i21 the action ritiluired to cure such hreacit; tai a-date, not less than thirty days from the date the rotiee is ntaiied io Borro~vrt-, l,y witicit ; cell breach must be rm•<~d; anti i4 ~ that failure to rare :uch breach on or beiom the data specified in tl,t• rotirc ma}• t•esuit in acceleration of the scuts srcureci b}• this \Iort$age and salt of 'the Property. if the breach is not rums or. or before the dale specifieel in the notice, Lender at Lender's option tatay deelam sll of the stuns secured by this ~iortgsge to lie itntnediatch• clue and paysb!e w-ithau#. further demand and may forerlase this \iottgage by judicial proceeding. I-envier shall be entitled to collect in such proceeding ail e_Ypenses of foreclosure including, but not iimitet9 to, cots of docmuentsn• evidence, abstracts and title reports. 34. BoerowaT's $isy$t to $eiastate. otwi#}tstanding Lender's acceleration of the sums secured by this Mortgage, Borrower shall have the right to bare any proceedings tregun br Lender to enforce this ]fortgage dis- ocmt5ntrsd at any time prior t;. entry of s judgment enfoteirg this \iartgage if: tat Borrower pays Lender all ettmswhieh would be then due under this Mortgage, the \ote and notes securing Future ~ldvsnces, if any, had no soseterstian occurred; ibl Borrower cures all bresrltes of sn}- other covenants or agreements of Borrower con- tained is thin Mortgage; fc) Borrower pays ail rrssonsble ea~renses inrurrett b}• bender in enforcing 'the covenants anti agteemeata of Harrower eotatained is this 3artgage and iu enforcing Lender ~ remedies as provided in para- graph 1$ heretrf, including, but not limited ta, ae~zonable attorney-- fee.-: and id) Borrower takes such action as Leatder nray rsasoaebly retlnine #o assurs that line lien of ii:is Martgage. Lender's irteresi in the Property and Borrowv's abfigJ-tion to pay the st:nas secured by this ]iortgagr .shall continue unimpaired. LTlwn sue}: payment sad falls by 13orm+rer, tLis Mortgage sad ibe obligations secured ltemhe• shall remain in full force and effect ss if ne aseel~atima-had orsurr~ed. #6. iswiggmsast d i~IaRhr t ad $eeeivea; Leader is Possession. As additional security hete- uadcs, Barm+rerli~eby assigns to Lemler the mntc of the Property, proradetl that Borrmver shall, prior to acceler- ation Hader paragraph I$ hereof ar abandonment of the Profrcrty, have t' right to collect and retain such rents ss they beep dos asd paysblo. Upaat aaaele7stion tradtsr paragraph I$ hereof or abandonment of the Property, Lender, in person. by agent or by 1Y appoiatsd zeroiver shall ixt entitled to enter upon, take possession of and uaanage the Property and to coikct the rents of the Property, including those past due- .411 rent. coliectc•ci by Lender or the mcrivcr shall be appliad ftrst to pmymsnt of the teats of naattagtment of the Prolmrty and eoliertior. of rents, inc•Iuding, but not limited w, rsocivsr's fees, premiums on rereirer's bowls sad ressonsble attorney's lees. sn~+, then to the .,ums scoured bythia l-fartgage. Lendersttd the receiver shall Ire liable to sc•count aniy for tl:ase rrntr actually received.