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not extend or postpone the due date ui the monthh• inst2:Ilment- referred to in paragraph. 1 and 2 hereof or
<br />change the stnaunt. of such installments.
<br />IQ. Borrower Not Released. 1xtension of 'the tivtr fa• payment or medihcst-ion of atuort-ization of the sutns
<br />secured by this Mortgage granted by Lender to any successor in interest of Borrower shall not operate to release,
<br />in any mamtet•, the liability of the origins! Berrat+-er snot Borrower'. successors i^ interest. Lender shall not 6e
<br />required+.o commence proceedings against such successor or refuse to extend time inr payment or othern>ise modif~•
<br />amortization of the sums secureti b}• this \lortgage f,}- reason of :etc demand matte in- the original Borrower and
<br />Barmwer's successors in interest.
<br />II. Forbearance by Lander Not a Waiver. :fns- iorbesranre ln• Lender in exercising an~• right or remedy
<br />hereunder, or athernise afforded t~~• spplirable ism. si;all sot he s :caner ai or nreehtde the ~xereise of any right
<br />ar remedy hereunder. The ptacurement of insurance m• rite pr~-n*.ent of rues or other liens or crhsrges by Lender
<br />s?taI} not he a ;-river ai Lender ~ right *.n acreicate rite maturit}• of rho iudehtedness secured iii- this Mortgage.
<br />la. Remedies Granulative. .~lI remedies 1?rovided in tl;is \tunga:;e are +iistinct ;md cumulative to any other
<br />right or remedy under this \Iongage or affordtvi },~- law or crluit~-, and nts~ In` exercised concurrently, independ-
<br />en#3v or successiceiv.
<br />;,~ y 23. Successors and Assigns 8ouad: Ioint and Several Liability: Captions. Tito +•a, crutnts and agreements
<br />,~~ herein contained shall bind, and the rights heretutder shalt inner to-the respective sveceors and assigns of Lender
<br />and Barmw•er, subiert to the provisions ui paragraph i; hereoi..111 coyensnts sn+{ agreements of Borrower shall
<br />+~ ° be joint. and several. The csptians anti herding: ai flay 1>sragraplts v' this \tortr;age arc for convenience only and
<br />^ ate not to be used to interpret. or de2ine the. provision hen ot.
<br />I4. NoSce. ~n}• noire to Borrower provided for in this \lortesce >isil he given b~- mailing such notice by
<br />certified mail rddressed to Harrower at the Pn?pert .1.i,iress ,ate<i below. cxcen*, for any notice required under
<br />~ }1arzg:aph i& 3te_reni to tx given to Barran"er in the tvannrr prescribed in- ap3,licuble i:tw.:1u~ notice }trovided
<br />far iu this \iortgsge shall i?c deemeu to have I,c','tt g,rrn to Borrower :vhrn given m the manner designated herein.
<br />13. Uniform Mortgagor Governing Law: SeverabiIity. Phis forri .?i wort,age eon;bines uni#onn cavensnis
<br />for ns6ousl use and nnn_aniianu cavensrts uizit limits<l v:lriations h~- iurisdietian to eanstitute a uniform secu-
<br />ri~ instrument covering n>al },roper.; .This ?lortgaer s;^.ail i gorerne,l itv tltr late of the jurisdicfian in which
<br />the Properly is foisted. In the event ti:st :ttty l~mvi.ion o ,~lause of this \lortgrge or the \otc conflicts with
<br />n~,tirat,te laB-_ sorb conflict shr?1 vat avert atl.cr ,,r,i'isio:v of this _llartea_ re ar the \ote which c_an he civ~
<br />e$cet tyithaut the r-aat3iciiug irrocisian.::nd to :,... c ,~', ter ;pro: talon= of ti;e \tortgagr and the \ote arc declared
<br />is be severable.
<br />16. Borsowar's Copv. Hormtver shall i,e tarnished a ; onfarmed ca;,~- of this 'tlortgage st-the time of execu-
<br />tion ar after recordation iten-•ai.
<br />29. 2~aasfer of the Property; Assumption. Ix ril ar sal' part of the Pmperzv or sr• interest therein is sold
<br />ar trans#erred by Borrower tcithaut Lender= prior wrircr. consent. excluding zal xhr rrestion a?slier. or eueum-
<br />brsnce subardinste to this \iartgage. ,ht the rre;tian of a pttmhase mane}- securin interest tar hottschold appii-
<br />anrr;, it i s transfer uy derise, descent ar by 3?erstian ai law- upon 2}:e death ai a jaittt tenant or t d? rite grant of
<br />any Ieasehald inters x of three tear or '.res vat cortainine; a.: option to purci,asr. Lender Wirt . at Lender'; option,
<br />derlam sal xhe sunK scented i v the \io~t;age to br inuveaiateh- due and pavahk~. Lender =Wall hate waivett such
<br />og~sion to arx-e;erstz ii, prior to 23;e salt .r transizr, Lr,:~rr at;d th<~ l;rt~a}n io ,c-inam tits Propene is to ln` sold ar
<br />transferred rear3t agtc~**te nt in ;Eating that t,.e credit of such i?er-on is satis_~etarc =.o Lander and that tine interest
<br />pacslzk ~ the aunts secured by this 'tlartgage shall i>z st such rate ss Lender shsl: request_ Ii Lender itas waived
<br />the options to srce3exaxe pmridtri ua this ,tsragral?h 1 ~ and ii Bormn-er succea;ur in irte.*est itas eaecuied a writ-
<br />ten asstttnptiar. agreement accepted in wntin>; by I.e_^.der. Lender shall relearn Harro;r er iron :iii otriigatians under
<br />2ltis a4ortgage and the \ ate- _
<br />I3 Lender zserri=~ sue:: option to ac::ei~*ate. Lender shall Iasi; Batnwer no*_ir.~ of acreieration in accotda.ace
<br />a-itlt;tara~taph l~ bores:. yux•h notir, sh;.ll p:~vidr a :<eriu+; of na; li•ss t?tan .>t? :ix}'s :rim the date the varies is
<br />nraittd csdtitsia unit}, Btu-ra'ra,r ntat ;,~i- t?;e scant, dtrlarc•,i .;u<. Ii ]3or:vaer tai's t.:~xti >ueh -un>` prior to the
<br />expiration of •ueh period. Lender tn:_v ,;-itLirut >un:tes :;ozice or demand on Borrower. ;Week, .-s,ti- remedies par-
<br />~'>xesi br pstras;rsph 13 herd.
<br />\trs-I-styoxaa t'i>r€z;.+~~. Baa-rr~uc..r ax;d I ~nt3er turt3rrr c-ercttnui ittd street zts fallow
<br />Ifi. A~a3er>~Ic~ Remsdi+~,. Lice^t,•_ t„ : -- a'i.•, _ I ~r~$^::_:+: l: "--`-'- =i>c : Borrower'. lrreaci'= :?t env
<br />COT't,°naItt nra~rE4'*~.t3erix Jt Ham>RPf .n ~1P-^ ~Ia:'t ".L- .;:lull.=>4_' SLe-eli'ellatft- i3 ;,11 l!'l.Pn tine rllr ~.Ltt~ .iKllreyi
<br />i+}• bhs'a \I~artgage, Leiuirr }terse ic• sr<i! .a,tta; ..,..,- ..:a-i uotae,^ t+• Porr..u<: s- r,ar i;i,>; m l+ar.tgraph Ik boreal
<br />±~ai3mg: ill the bs~sr.r, ,9t tlx art_c,n r,•ywrr4 to ,.,. -t=ri: hnsrL ,a+ ., ,;:,t.~_ t:at le.= then thiati' darn
<br />;mn_ tttr daze the not3ri' ;..ztrilt•<i to Hot-,+:r<t , ... n ,:,, ,-t ._ :~r,„? +~ .+ .,, .;ifur • to un•
<br />Sara t.rls on or t:eiar;? -~ite data -lartriri m t3,a~ t,<,ur: rs}~ ti•sua sn ~=:reernusn +,, the >.utn, -sensed by this
<br />_~io~etg[' sad :ate of the Pm}xrt}. ii t ne i,*•<-Writ ,> ntu z• -Y-.i i+t: ~ t t>e;.=r, ; ii+' ,iat,• -1~; Ifi+•d it; t ilv roticr, Lender
<br />at Lender's aptian ntac daclam xi ai t_he .uul- :v~.urn9~i,}' .._.- Vortx;trr~ tc+ ire un;a.;iiatc•?v 3ve .ins payanle
<br />g-ithn;;tfu.•tl3ar demand asr_? ~=av errr;rr*..•. 11".,,.,y._P'r ,_-,.,,> ts±,ti__:+:- Le..,:er :..!+ t.-:. _: :tits? to rallert
<br />an Sur}; ptxx•i;rciinC allrxprrK'> ,_ . . ~~_-r:c..t.. - .a.!:s,:t: ~,. ,.,n ..~+, „ ,:,t<~.: ++.. ,-i„t- , ..9 x ,..;;rt~tsn" rvtdence.
<br />aee~tscKS atad titl>z repot•ts.
<br />I!. Bmowri BighE to ti:orgstl?,=tandtng l.rnder- areaieratiun of the punts secured 1>y th.
<br />)dort, $arros'cr shall frays the tigTtt to .seer any 1=rarec~ting= },efi-ut; h~ Lendtr to <>nfnrrr this Ziortgage din-
<br />eom#iatred sit ant rise prior to enter of a ;ud,~nsent iritgring *-lti= iwiongagr li: ,:t+ A;,rruut`r pars Lender all
<br />s ~cottld ate t dt~e ttnd~ ih~ Mo-~~~. 23;e ~atr :tnri notes serurng I'tnur` _4:ivanr<„ ii env, had na
<br />aatsott aerrurred; ibl Bormrrrer rurr_- ,:1; brca.iae- of any azs:er raft-Wants or agrrentcat; of $arrauer eon-
<br />t ig tI~?ri~; it 1 Borran-cr #4a3's sli :rasanahlx es7;en_=[• it;rurrt~l by l.ende.r in cniorring the rovenan[e
<br />aid of der rnatsained iz; ih 1iosYr::};e and u_ eriarring I.rnder', remr<-lir; se provided in para-
<br />, I$ hereof, iarittd'mg, but vat limited to, te:aranat,le attorney's tee=: end ,d+ Borroacr takes ,art, action as
<br />i. mug rt-si'$ recjtiire to aa~asre titer the Ixn of this \iongagr. Lender's ituetv.;t in tlse Prolterr and
<br />;'B ab:S~Eitm w pay the sums seettmd by this 1longage >hali rontmue unitupairef- t`lwet .ueh payment
<br />and taflc by Barraaer, this 1lortgage stnri the obligattun::.erured hereiry .:hall remain in tali fame and of#rrt as if
<br />tto aeed~at5m ad otrussed-
<br />ffi ai Bw~ ilppt of Hseeifor: Lender io Poaseaaioa. ~s addiriona[ .xcurity here-
<br />13 v to i,end+^r tIm mere of the Pmpem•- provided that Borrott•er stall, prior to acrtier-
<br />t p3~ 18 he~# or slrssdflrtnent of the Property, have the right to ralleet and retain Hoch rents
<br />ai tlttq I+eoeme thre sped pagabie.
<br />Lrpon aazleralion under paragraph I$ hetea# ar s#randanment ai the Property, Lender, in penun, by agent
<br />oz by jitdieially appointed receiver slnli be entitled to enter urwn, take ltassession of and luansge the Propert}•
<br />atx2 to ealler# the rents of fife Property, including ihase past clue..11t rents rolleeted t?v T Winder or the receiver
<br />shall Ire applied first ttr payment of the casts a# tnsaagement of the Propory and coliertion of rent,. inr•tuding. but
<br />sot, limited to, receiver's foes, premiutns an r•rceiver's bonds and ma.~tztzablr attorney s lose and t}ren to she sums
<br />assured by this 3iartgage. Lender and the receiver shall 'rte }table to account onYv for chase rent; artua!ly received.
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