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^at extend or postpone the due date of the mon[hh- it:etsilments referred to in paragraphs I and 2 !tereof or
<br />change the amamtt of such installments.
<br />I0. Borrower Not Released. );xtenaion of the time for payment or :nodifieatimt of amortization of the sums
<br />secured by this Mortgage granted by Lender to any successor in interest u[ Borrower shall ,tot operate to release,
<br />ir. any manner, the liability of rite original Barrowet• and Borrower's successmrs in iniErest-. Lender shall nat. he
<br />required to commence proceedings against such successor or refuse to extend time for pawnent. or otherwise modify
<br />amortization of the _cunts severed by this Mortgage Icy. reason o[ any dernanti made by 'the original Borrower and
<br />Borrower's successors in interest.
<br />11. Forbearance by Lender Not a Waiver. one forbearance by Lender in exercising any right. ar remedy
<br />hereunder, ar otherwise afforded by applicable lan•, :hall not h~ ~; ++-ai-er of or areclude the exercise of any right.
<br />or remedy hereunder. The nrorw•ement of insurance or the paymetat of taxes or other liens or charges 6y Lender
<br />.:.hail net be a waiver of Lender's right to sece!erate the maturity of the indebtedness securet't Ur this llartgage.
<br />12. Remedies Cumulative- a remedies nroyided in this Mortgage are distinct and cumulative to any other
<br />right oe remedy under this \Iortgsge or affardeci h} lan- or ignite. and may be exercised concurrently, independ-
<br />er_ilp or snccessiveh-.
<br />1$. Successors and FlssigrLS &otmd: Joint and Several Liability; Captions. 'the eorinants and agreements
<br />i! herein contained shall bind, and the rights hereunder shall u:are to, the respectit=+; successors surd assigns of Lender
<br />and Borrower, subject. to the provisions of paragraph I; hereof..1ll covenants and agreements of Bonvwer shall
<br />;~ t>e ioint and several The captions and headings of rite paragraph: of this \lortgsge are for convenience only and
<br />are not io be used to interpret or define the provisions hereof.
<br />~ l4. Nofiee. any native to Barracver provided fm• in chic ltortgatre shall he L;iyen h}- mailing such native by
<br />certified mail addressed to Berron-er at the Property :lddress stated i:clow. except for am notice required under
<br />paragraph 18 hereof to be giver. to Borrower in the .Wanner prest•rihed b~- applicable lase. ~r;v native prorided
<br />for in This Mortgage shall he decreed to l;acc bier given to Borroncr +ehen ;;even in the manner designated herein.
<br />t71 I5. IIaifozm Mortgage; Govemiag I.aw; Severability. Phis form of mortgage combines uniform covenants
<br />~ far nations) use and non-uniform covenants n;tlt lin;ited •: ariaiians be Surisdiction to coastihtte a uniform secu-
<br />rity insirumen*_ covering real pro)?err}-. 'ibis Mortgage shall bi govarre<I by the late ai the jurisdiction in which
<br />'the Property is located. In the event *_hst any provision or rlausi of this Mortgage or ti;e \oie conflicts with
<br />~14n Win ,:fh.. ~h~ii ~r7P~ rho 46; lt.~,. .r,.. >'_.,.. .,,r,:_.>_ t_-_ °
<br />.., _ __-, .-. .... •, . ., ..,. r pree ision€ o. ...,. _ . , tgage v ,.,c _ c~u c siren
<br />effect. without rite conflicting provision.:and to this enc. the provisions of the Mortgage :md the \oie are declared
<br />to 1>e severable.
<br />16. Borrowez's Copy- Borrower shal{ he furnished s conformed cop}- of this \fongsge at the 'time of exe~u-
<br />tion or after recordatior. hereof.
<br />i7. Frsasfer of the Property; A~uuznptiorY If all ar any part of the Property or an interest therein is sold
<br />or ttansierred'ny Borrower without Lat:der's prior written consent. excluding ta) the creation of a lien ar enrum-
<br />hranre subordinate to this \lortgsge. ~ b) the creation of a purchase money security interest for household apple-
<br />. no~~, c} s transfer ley devise. descent ar by aperatior. of fan- upon chi deg±h of a joint tenant or idl the grant of
<br />gay leasehold interest of three yiar_- or less not rontainit:g an anrion to purchase, Linder mac. at. Londe*'s option,
<br />declare ail the sums secured t;c this liorigage to be intmidiatciy due and payable. Lender shall have waived su^lt
<br />option to acreierate ii, prior to the sale or trs:seer. Lender and the person to wl;ont the Pro~ertc is to be sold or
<br />transferred mach agreement in carting that tl.e credit of such person is satisfacton to Lender srd that the interest
<br />payable on the sums secured be this :iiartgage shall be at suet rate as Lender shall request. I: Lender ices waived
<br />the option to scceierate provider in this ;±arsgrspia I r and if Borroner's successor in interest Stss executed awrit-
<br />ten assumption agreement accepted in +sriting icy Len der, Linder shall release Borrower from all obtigatiors under
<br />ibis ~iorigage and the \ote.
<br />If Lender exercises such aptior. to screierate. Lenc'.er shs;l ntaii Borrower na*_ice of acrelerstion in accordance
<br />with paragraph 14 boric;. Juelt notice :hail provide a lrir:oal of net less tlisn 3i1 dstis iron: the ,lair the notice is
<br />r*-.ailed xitltin whist: Borroter tuay ,;s~- the sum- declared .lue. If fiorro:ver fat:- tt ,:;y such ;m:a~ ;:rice to the
<br />expi_rat:on ai such period, Lender mac. +viti:out iunhir r:otic~• o. ,iea:and an Ilorroner, ir.+vl:e and r.+-nedies per-
<br />mi#ed by parngraph 18 hemoi-
<br />~csx-L-arz=c3r:ar C`oyss~a~s. ?;c+rrotver and L-ender ii;rtltrt- .•+,ci,ttant aatd a;rt~t~ a~ follott-:
<br />1$. Accelarartioa; Rem~iies. Excta ~< Iar,::.i€'.i e. „aragral~r; :: ..r~av+f.:;:~~~~r, 133rraw~-r's L>reaei; uS sm-
<br />covene.at or agreement ctf Barro>ner in this ~lorz~,e ^.:..r..,.- rise .avers^t- *, ,~av ~~ 1;+°n +iur :t m- sums srrureu
<br />be this Slorteagi. Len+t+r trier to sc«•irre a r::a: i=;^ c to Ily:r.ut: ., • ;t y. i:~i i' ;+,+ntt;ranh 19 hcreaf
<br />speeafying: :II the bnscv:: ;2 ti,c• a+tirst r~tunr=: t+, :.~.~ eurta i>rrttrl:. 3~~a =.•.,+. nor ;t-.; than thirty days
<br />from the date tt:i ratiex i. -=aiic i to 13nrrc c .. ~=c a a,r :. ; ~.., „ ,,,ust ix• run's: „ , <;, that ;allure ut t'ure
<br />such breach on or before ti.i date spi-r~:ht+d ;.. ,i:r r.c..+. ...;:t *.z. ~. ...:ii t rt=rsert~c , . ri:. ~m;+r secured by this
<br />'4iort~gage acrd ~e of trte Pror+erty. if the +uearit i> sot ru-^•.i or ...xforr +.,, ~ dot+ >}¢r±-!fed to rite notice. Lender
<br />at Lett<iers option a*~sc dtrtis.•r ail <ai *,,. :uu.- -ertu-e.i l,v •-,. 'liorrgar:e '~ gin;:nclliareiy due anti payable
<br />i.t,hoat fLr`- cr ~e:and srci matt - _t~~_ _~{t;:,s \iurt ai } ~_, tt. ~s pn>> cecltnE.:.+..1vr ~l,:i;- - en;it?E•ti to collect
<br />r~rh *'or~Elinft Ali e-xpene,'= :ela,.,,~. ,.~rle.., ~'-+6? ,.,.c ..+r.ni°ii .,_. ,,.,.,, i;I diA-u+..c..t- ' ti'idrni-e.
<br />sbst?sets atul title reports- -
<br />19. Barrowrr': Hight to R>siusfats. XoYwith,tsndmg l.inder~ :,creleratson of the :urns secured by this
<br />Mortgage, I3arrower shall bare ?he right W bare any pracet~iings }oegun !n- Lender to enforce this tlangage dis-
<br />eontanued st an} time arior to entn of a udgmrnt enfoTCing this lfartgage :C: +a: Borrower pays Iznder all
<br />sttms aiaieh'9could Ire thet due under titi; 'aiortgagt•, tl;e `;ore acrd notes serurng future advance-. if any. had no
<br />aroeleration oecprmd; (bj Botravt•er cure; all brearhe. ai any ether covenants ar semcnteat ai Borrower con-
<br />tained in this 3ortgage; tci Borrower pays all reawnabic ixptnsee inrurrecl by I.endir in .•nforring the eavenants
<br />anti agreements of Btx3•oaer contained in this \Iangare and n: rniatring I.t•nder:- remedies as provided in para-
<br />graph 18 hereof, ineltrding, but not limited 20, esascnable sttornev'- fees: and idl Borroter takes such action as
<br />L~det may reasonably require to arum that the lien of this ~langage, Lender's interest in the Proper}- and
<br />Hormwer's obligation to pat the soma secured by iris ltortga;e hall continue unimpaired I•i3on ,urh payment.
<br />aped epee by Portower, this'uiortgage gnd the obiigatintw cet•ured birch}• ~irali remain in foil farce and a-beet as if
<br />no atxte3etat5im had aceurted.
<br />~ Aa~mt ~ ~ ltippoiat~mt ~ H~ceiver: Irendtr is Postc,a~on- .~s additional security here-
<br />usder,Bor^ttnrarherebyassig~#a Ixnderihe mats of-the Pmpem•, providc~ti that Borrower shall, prior to acceler-
<br />ation under paragraph I$ hereo€ or abandonment of the Property, have the right 20 collect and retain sorb rents
<br />as theg btxsame dtm arai payable.
<br />Upon acceleration ts~er paragraph Ig hcreaf m' abandonment of the Property. bender, in person, by agent
<br />tx by jtidiciatly aFipointed retxiser-shall be entiHed to enter upon. tyke }x>sre==fan of and manage the Property
<br />and to wl3eet the rants of the Property, incltxfing those past dur.:111 rents caJlectt•t1 icy bender or the receiver
<br />ahail be applaed first to payrnenL of the casts of management of the Propcny and collection of rent-, including, but
<br />rat limited tA, receiver's fees, premiums on receiver's bonds and reasonable attorney's fee+. and then to the sums
<br />secured by this ~'Iottgage. Lender and the receiver shall he 1sahle to account only far those rrni actually received.
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