|
not extend or postpone the due date o3 the monthl} itstnlhuents reterred ra in paragraphs I and 2 hereof or
<br />change the amount of such installments.
<br />19. $orrower Not Released. Extension of dtc rune tm' payntenf or !no<iificatimt of amortization of the sums
<br />secured oy this Mort-gage granted h}° Lender to ant >uccessm• in interest of Bon'o,rer shall not operate; to release,
<br />in xny?'.tanner, the liability ci the original Bm•Ironcr and Barrotser'= successors in interest. Lender shalt not be
<br />repaired to commence praceediugs sgairst Bach successor ar reftrsx~ to extend time for payment ar athertvise modify
<br />amortization of the sums secured h}' this _liorraQe- br reason of :un~ deutaud wade by the original Borrower and
<br />Borrower's successors in interest.
<br />11. Forbearance by Lendez lVot a Waiver. .1*:~' inrbesrlnce 6:- Lender in exercising aa~• right or remedy
<br />hereunder, ar ot}sencisr stinried by appticak;k 3atc, sl:aii not he a ;cai;ar of ar preclude the exercise of any right
<br />or remedy Isere;u:xier. ;'l:e :,ronu'ement < insurance or ;tie navrtent si rases or oi:her lien; or charges by Lender
<br />e+! ~ha1l not be a xtai•:er of Lender s rieilt to acre?crate the :naturitt- of the indebtedness secured hr i~isliortgage.
<br />I-2, $effiedies Cts~uiative. All rentedies procideci in this \IurtgsGe are distinct and cwntttstive to any other
<br />~i eight ~r rem~it• under rhis aartgage nr a4farticl :,;' la:v or cquitc, and m:x}' he exercised cel;cu:renth-, independ-
<br />enth• ar suere;.=iteiti'.
<br />•~ 33. Sticcessars and zLwigns &otmd: Ioint and Several Liabiuiy: Captions. Tltr cotrn:xnt: stud atgre^!nenfs
<br />h2."eiv coetaine<i shsli =!ind. snd zhe rtehts itereu;xiar shad inure to. thr resreczice successors :tnd ~~signs ai Lender
<br />and Botr~xver. ~ 'sect t<~ tlu pririsiom of lntraar:t},h l? hereof. all cotenant and a;:reenuats a;' Borrott'er slrsll
<br />t~ - - _i?inl Ott: xi ~r;'i'ra ~t (' YI O 'I-, 1x57 s c n Il i.^a l,,ii. ~ ~ -' \i ,;t R., ~,'
<br />x ( - C .tTl' tar e'antC:11e11Ct' On}y and
<br />~ err !too to be L'sed to ,n.<tztre, i., u<hnc tale }-ro, ic.c, n.:urea: ..
<br />~, 14. RtaSce. .~1m' :.~tirc tc~ Borrower ;n'o.ricd tar m this sort,a:;i- ~nati i,r >_sccr. i, nlctilnzg such uotice be
<br />ca=.': e`:i :slat: -.:«.. _- *.o Hurnnscr :lt tr: }'-ej;erty :1,i.', res >t;u r,; i,eioa-, ::~r,~i't far am- eoticc required under
<br />sras,:af ~ x$ e.cr ~;t to t,c tr er, to Bo o x ... ~ z t inn ~scnbed n~ ~t,,,r= t 1- {s;r..~nt notice pracided
<br />tar \ior_ .s'. be deety< ro a;'c . 'n , , : Bor oxvrr ,x ..x it:.. u; ,,., ma:rncr , - tiered herein.
<br />•.IS.• i3aiform Mortgage: Govemiag Law: Severabiiity. "1'::i~ .,r,t::. ttor'tra~•e .outhines .tniform cotenants
<br />tar -srona nsr :::. . :-uniiort eorensnts ;ctrl: ;:slit:,; ;..-...,,.,... !,} ~urisdietiot: ;o ,~o^siitutz a uniform seeu-
<br />ritt• rn:¢rut•e:^.t oxtrirrg ^ ,*op:;t,,. 1'*n: \io::gsge s.:.... ~,te^nef i,} ;he ial, o:' thx• ;r.:is,iietion in trhich
<br />ihr Frapem• .: located. lrrztlt- ere..: ,... , .try rr<~',sio:-: or ,~~att<o .. ;lns \!or gap or thr Sot<. can$icts n•ifh
<br />a~r~aCaD12 "se'~sualt ew.uirt shat; net a7cct <.}ter nro•. ;slaps < ti~~~lloitraee u• rite \ate '.ch=eir c3L he eire*.
<br />egeet witi3aut the tizarlietino pratisian, rtaii to iris x'nd thr t,rortsion< of the \lart~aee avd tiro Aote ire declared
<br />I6. Borrowez's Copy. Barra~rer shah he i...:.isi:c,d :, „informed cop}' Gi tln=, >lortis,•e at the time of execu-
<br />tion ar alter r~coniatiar. here.~i.
<br />l7. ?Yc~lez of file Propertg: Assrzmptian. Ii sll or spy ;ISr* of the Praperft ~,r an interesr :hemir= iS sofa
<br />ar trsnsiert2d hr Borrower witi:out L ender' ;,rior :s P.iie;: ~,.._~nr. exc:udirg ~,ai Ir.r crestiot: of a Ler; er encum-
<br />br~ee su'raer9inste to zr~, liartgaee. ~L2 t',te crrsr<~n o: ~. .ureh~-e monec seeurty nterest far house};old anpli-
<br />snf?-c, ,et a tr~~ier by der :se. desr:~nt r..:,r o;xeration o: r.:. .,~ u;,cn tl:e death oia ~oirt tenant ar tdl the grant of
<br />am lessrho}c intere <.. three yrtr .- -, -. - :sot . ..rain... .... . to ;,.Irri:asc. Lender ma-r. at Lender > option,
<br /><',easre sil :he aunv soured b}' this \lar:_sz< ro<ne ..:.r,: ._,.teic}. rte snd pa}'ablx. I_enxie- _hyii }rate trg;riy; such
<br />agiar..u a ^2lcrate i .prior to the ale : :r:~t:s;er. Ler.:S<* au.i t';r person tc, xsl;ort t <° Yrapent- i to b:~ said ar
<br />~s..sierrzd resch s-;*cenlert Iu writing tl;a: t..< "rc~itt ,_ . url; l~ersan i atisisctan' ;o L:•ni?~ r in<i titer tt:e interest
<br />t.~ysble on tl:_ etm~~ =e; urec k•c t}:L .'.lorts2e sh2il :- st sucL rate as Lender sites _2 quest- ii Lender L.~= waited
<br />the asatsor: w aecekrate t,IVt33eii in this. narsg~}rh Y; anti if Barnncrr's :.;ccecor :.:mere:t ties executi~<i s :vrit-
<br />te~ as:uuigtass agr~eraer.=. accepted it a-rt;in= in• Lender, Lc-rder shall rziea_r Bornncrr ;roar sl! obligation; under
<br />Ixti-e'tio:xgaga aria $te lots.
<br />Ii Lender eeretses c...:; aiption tt; actrlerate. Lenaer sita;i spat: liorron•er ::oti<i: <~i scce'eraiio=7 in accordance
<br />u7t?I Iui ragr3.t!7 Id lterc'ai. ~_,;: 1: P.pt;._ .. ,r ^,n7dr ~ r10: :cr l':'3i.i; . .,, .,, 'hc i3tf tlse ltailf2 L
<br />::5tie2 .iLLL=.;z u:7['h $i~*vnrE"+:st ~~t _,:art .s-t:~ ri~ .iur It I3 :.ot;r; .:e .~ . ..,. t~riar to i:te
<br />ear-scion ai such }3ecc>v. Ze?idrr :;;a}' .ti*_nout n- -t ~r r:oriec o.:te.nsn a w: B ~. , ,c<.. a , ~b ~e }' I~naediz; per-
<br />.~,tt~•d by uaragr-a h 1S i,ereai.
<br />1o>-I-xt~^,,xxt i'nrt.r:nxrs. $urr~+tcer sort? Lc'n<?c•r iu:'tlit•t rx,t'.~r;zint xr,x? :7~*rrr :is tiait•}u',
<br />I8. Aoeelerafian: eZemedies. ~xee' .. _ x... ... i' .,._;_~. _, _.. 13terratte-. - -:•l, >I snv
<br />rat'QnaIIt ar agr~n,en: ''. Borrx,A <! ,, .. . ~l0•.,' .- .~ i ,'ell i.:;a... 1 ~,;\!:x !u. ...!t '1..~~ :<'C'17'EY3
<br />axe I}-An 15ar?g8g?. I r... *rOi 'C~ sr;Y-1r .a ti~i: -. ., ..:... ,tc. L, li„r•,,,;,,~. .- ... ,. -:1...~Pa~4: If ~reri`aF
<br />~j?c2'.:yt~g: .l; ?},r :r: ax... ~' ... .., .,,... ...., ,. cn ,ac.. !uc.,. o, a a.: .:a, .< ,;.an .}~trtv clays
<br />..x.,i tlic ±s=.c th< n.r rx . .....:.r; to 15:.. ,.. ., .. ,.. ..x..,,. ,.,u:, . x ,,.;v.:.., ... ,<, .:a ._xi.u,x u, cum
<br />~urir t;reJich aP. <u t~<-i~.t:- ta<r .Itr Furr..~i-- u, ._.as _:.It ., .~-. .:.irr,.,,.....:, ., .. .,,.. r,roreii he this
<br />3lartt~gc sm-i r91r ca tl.e Prohrn}~ li n,r irrra~•i~. j....*; coma „s ~ `o;r ;..< :;xt.- . restS<xi ;. ,~ notice, Lender
<br />ut L;.~~~er'. optiien nest dtv~;nw .,. . .... .....:. . ....c_, 6v •a.,. ?le,t?¢s, L, ,.._...<-....- S +ur and -^-a}-able
<br />a-iYlrout Iur;.her dents_.2...r,.:: r.L} C:U-r t..,_ 11 ~:xi,x ...x.,.- I .....: r-- ..-:.t..,::<i cx}lied
<br />to ssr:~ hraci~•dr.^.g ai'. esl,tr <. ,_ ..x ..... . .........:~ ,. .-.. , .. . - _ ._, nt. n , iuesree,
<br />sty-trarL sne title r:par~-
<br />:~ 3asroavar's Rig#t fo He;xtatafe. _ ?,r nt,.:s!:,i:>.:R ...2„7rr- .,. cirrsrtu*. ,_. .. -t;n,- .rcur.'d Irt' this
<br />t_ldortgagc. Borrower..hrll }~;e the rig,t tx, hsr:~ lr,}• q•roe<•x,i.nk> h<7;un 4. ,_eruic: ;. ctrcrex~ t...> ~furt;:ae dis-
<br />~iiinued at any tune prsar t~a en£n' of a ;u,r>;n;rnt etlio;cu:F ti-~°.> ~Ian~n,.~'<- ti. , B.'rraca cr ;;ors Le ,der all
<br />v?St& wltic}r >?~?Id l?w r~:- ..a,:y ur:der ~..,. ~ to^ge. ...,r \cte .~,I.i ..,,^,tr~ =ru, ~ 1... , vr; .a t•a..rr; arx, i.ACi r=e
<br />scceieration rxcared; +b. Borrttter cure= :; . t,reatn<>` i' tn:`otr:er ro'.c•nxnt- ar ~aen'rrurnt- of 8onow'er con-
<br />t~taEei 3n this ~iorg'a~e; ±et B~*r4+se: pats a,, ~s~arahlc~ r~„erz-rs Incur=~i h} Lenaer in rniorr!ne tht? rot'enants
<br />and agree'r~t€ of Borrower rott*ai_.^ed i.: t}:7- 11i~» f;c:;;t :~;: 7,7 enierrin:; Lt• nxit°r - rr:i; 3iie- ;r- 1:::-: a;1r:} ;.i f,ara.-
<br />~~h 1$seereo#, inriading,but not limitzt::a. rea_=t,ra}a;r attamec ~ ter-- sr,d r,9, Borr<rx~rr iakr, nueh action a,
<br />+~y`d.'.+`+za3i i23 v++alch~ ~:Yi~i~+3S3iiFi.' ih3i £1•ie i3Yn i) ilit> .~li rt~a,~Ti'. L<'n 7L'r'i :niL'Cr~S In Ii1C t"ril}lrt t' :rntl
<br />iiorro>tiar's ah}irgat~ to ~~- ~e sums recur-ed uy chi= Atottga:;e stall continue uniutpair'<I I`l,au such payment
<br />and corn by Boaoeeer, t37is liartgage and the obligations recur;-d ieereht -ital! rrmnin iu tali forcr yod effc•rt rt. if
<br />rso aace}eration hnd oeeurrni.
<br />~. nt Bmta; JLppoiatme~i of Reetivar. Lender in Possession, .~s ,dditional =ecunit here-
<br />under, Borrower hereby as~txs to LezldY's the rents o* the FroperTy. prtn•idt•,1 that Borrower shall. prior io aeceler
<br />sties under par„~rapl: 14 hereof or at:acdorsuxe;lt of the PI-operty, h:;ve the Night to ralleet unsl retain uch rests
<br />ss they bcoome dne and payable.
<br />Lipp accelersiion n>xler irarsgrepl=. I$ »erPOf or ahando7.TSrent ai the Yrapc-rt~•. Lc•n,ler. in pc•rbn, 6~• agent
<br />or by jtxdis~3ly appoinfed 7eceiver shall be entifled to enter ui>on, tyke possession rri ztnd u,ana~e the l'rolx•tty
<br />snd to calieet the rertta of the Property, including those pas: due..ii' rent: cailec•ted In Lender or the rer•eit•er
<br />shalt be applied fit~ito papmt~t of fhe tos*~ of maoagement eE fhe Fraperty rind coilecti<m of rent.- includiug. hat
<br />not, limited to, reeeicer's fens, pr~iumc an rcceiver".e bon+{= and rcasonabie attarne~t•'= ter-.:xad then to the sum>
<br />secured by this Mortgage. Lender and i-he receiver shall bt= }table to account anh for thaw rents artwrlit~ recciceti-
<br />
|