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<br />not extend or postpone the due dste of the monthh iusta!hnents referred to in paragraphs 1 and 2 hereof or <br />change the smount of such instaitments. <br />10. Boarower Not Released. Extension of fire time for payment ar modification o` amortizatimt of the sums <br />secured by this Mortgage granted by Lender to snv successor in interest of Borrotce shall not operate to release, <br />in soy manner, the &sbility of the original Borrower and Barrotce~s succe>sorx in interest, bender shall not be <br />required to commence (treceedicss agsinst such suceessar or muse *.o extend time for psyment or otherwise modify <br />smertization of the sums secured by Utis \langate in' cannon of :ut}- denuuui made h}- the orightal Borrower and <br />Borrower's successors in interest. <br />il. Forbearance by Lender Not a Waiver. A7ty iorbisrsnrc in' Lender in exercising an}- right or remedy <br />hereunder, ar otherwise snozrled by appiicsble hta. si7ali 7tat he a ,rarer of or preclude the exercise of any right <br />'•~ or remedy hereunder. The pracw-e7ttent of inst7rsnce ar the parnrnt of tuxes or other liens or chsrges by Lender <br />svaII not. be a a-aiter of Lender-s right to sccelrrate the maturity of the indebtedness secured by this \iorfgage. <br />s 12 Remedies Cumulative. -~11 remedies prot-ided in this \lortgage are distinct snd cmnulstite to any other <br />j1 right or remedy under this \Iangage or ;tffotried 1,~- late or equity, snd may he exercised ioncurrentiy, independ- <br />...: enth~ er suecesciteiv- <br />~r -13. Successors and Assigns Bound: Iaiat and Several Liability: Captions. The cateuants and sgreements <br />herein contained shsll bind, snd the rights hereunder shsil inure to. the res;tectn e successors snd sssigns of Lender <br />C7~ and Borrower. subiect to the pn,cisians of psragraph J: hereof- ill cocenaut_. an+J seriements of Borrower shall <br />~ be joint and setersl. The es,ttions sn ~ hesdin~s of the paragraph. of chi; \torr~se srZ• for concenienee onic snd <br />one not to be used is irteroret or define t!te nmt isians iter2of. <br />l4. Notice. any notice to Borrower pn,cidt~ti for in this llort~a~t• sit;ell he ~iccn ht- nutilint; such notice by <br />renified utsil addressed to Born,xrrr sr :-.:• Yronin. -~tizlress •zatr,l i,ciott- except for any notice required under <br />ns.~rap3: lF iteroai to lx triter. to Borrot.cz :.. ~.., tnarner ;irescribe,i h~- spplicahli Jatc..>m• notice pra~•ided <br /><ar in ;his \iartgsge shall ?,e dexznrri u, !ace l,rcn ._7r st to Bor7ne er tchen ,iren in ti:e manner designated herein. <br />iS. Uniform Mortgage: Govezning Law; Severability, This tarot ei morzesei caatbiner unifarut cacensnts <br />for national use and non-uniiozr.; rtzvenarts whit limits=i csristiors h}- jurisdiction to constitute a uniiornt secu- <br />rity instrument. catering real ,,ml><'nt. This Ol?rtgsge shs(i i,r t;att'n;ed hr the lstt ai the jurisdiction in which <br />the Pmperiy is foested. In the etent fist any i~n,tisio7i ar ;louse of this \lartgsgi or the Vate conRiets with <br />spplicauie law, such eont'tiet shah n" s++ect ati;er l,rocisians ai this 3lorigsge or the \ote which can rte given <br />etTect ct•ithoat fire raaflirting prncisian- srd to this enri the ;uocisiars of the \fonesge :tn :the '_vote see declared <br />io be sec-arable. <br />1& Boaogcar's Copy. Barna•er shsl! he f_rnisi7e~i :t conianned copy of this littr(gsge at the time of execu- <br />tiorz or alter recatdatian herr'of. <br />19. 1'saasEar of the Praprrty: Assumption. Ii sl! or atn pan of the Ympeny or sr, iniet~est therein is sold <br />er trnncfer2•ed br I3artawer ttithaut Lender's prior wrineil consem. excsudirg is; the creation of a lien or encum- <br />hrar:ce -;'tiarrlinste to t;:z ~9o:tnsSa. •.t t}:= erestit:n r-:, t_,:rc37sse ntenei• ,crucify intercoms: tar household sppli- <br />~~, tri s trsnsier by det-ise, descent or by al><~r:ation a t.,,,~ urat: the destit of s joint tenant or {dl 'the grant of <br />sap Iea=;ehold intetga-t ai t~Ne veszs cr ;xis na; =artsini:f s:: a;,tion to lturrhase. I_endc•r may. at Lender's Dutton, <br />deelsm sli the strm_ =eeur~d by thi= \io^ge• =.o bt- u:,7n=-:late?.- =rue sn+: ps~-sb1e. Linder shall hstc• wsivx~3 such <br />option tat arrelerste if, l:rier za rite salt or trsnsier. Lent:er snd the ;n•i~an to tthoni fire Yrapert}- is *.o t>z sold or <br />trsn-,-ferred r'Larh s~mc'ri m writing that t.,r radii of such l,erson is ~tisiscton- is Lendir and ths7 the interest <br />pa}~Ie on ~ sums seeure~i by this ]Sangage .hy1Jtn- a -ucit rats- s~ Lender shall rx}oast. h Lender has wsitcd <br />the option to areelerate pmridid in this paragraph 1: anti if Borroue: •< :uereor in interest has rsrrutet'. a writ- <br />ten s5sutnption a~ernent srreptaxf in tcrizirg by I.enuer Lender shall n•lease Borrottir tra77::•11 ehlicatians under <br />[Iris mortgage and thi?iote. <br />ii Lender exe~;e; sucL oraon to sr~le.a7r. Lender tool': nrati Ba:.awer notice of scee?erstion in accordance <br />n-it:n;>arsQrsph ld herxroi. sue±: ni~tx•x >•.--. ,rat tat s ;k•nrtii o*.' no+, iis~ t'.,sn St) ,?yes ;con! -fit- :?ntr the nati~ is <br />?nailed aitiis-t whici; Bx,rraaer uts> ~,~~ t x _,it,,. vt, .t. -. iL< I; Borron<r ._7 ,~:.t .. ..., prrtr ic. the <br />esgiraron of surlt;+eriod. bender ryti. ;=ti,~+ut iur'i:r: z't:tiCx• a.:iittisnti an B,,notte*, u:takr s:.c, :rmedies per- <br />mitzetl by paragraph I$ htt~af <br />'_ixs-( ~r~aar ~'.~t'g,:.axr:- htarr>E.n-,-.~ nil+i Ixnder further r+~ra•n<ttu vrtt? a_rc•~r at Yolf:',tcs: <br />IB. Aece7atatiom: Hamediea. ;i~act°: _ . -azit _,, in }+ars ,. .._sctis , .. BarrnW er~~ brtsei. ui sn}' <br />[S4S a'-73nt ~r 3'~*IFA*niersi i.: $lr.t'~~i: i.. ..a _.ti,-. i?li it lit ~ ., tal\xr..it:7~ jr31` a\i1(n .i iii :stst punt. ~t'Cnrrai <br />by this :liartgs~. Le,.,3,:, x~r'a s~rx>4rsttt.if~j:,~' .....,': n[:!^e to Barrrtter s> }tn,ct,t~i !n t*azsFrapt: 1# hi`r~f <br />ifying: iii the i+rt~srf:~~, _ .,ctrt,r, r~.mrcn ic, xv. ourlt Ist•sr}e: .3' a dntt° trot !tti t4tan 7hint fists <br />i?YTni The ua7a` nc~ nilt r2't- 7~ :. -:3,Y: .i 11a .-•a.. t:. ~ 1- !-.~:: -...?. i rR :~'~ '...,;, :k` x'117 ett, .iri.1 if ti;3! talllrt• tt) 1`UlY` <br />,ur-h 3.,eACh an ar bri~t,rt thx x:E,tr = ,,. w, .t: tl:a nt,tsr,~ n,ar ie'~l7it 7n .r.•r,•i,-rntu,rt of u:r ~uur ,ectu=tiwl by this <br />~Ic..-tgrge and .:nla ai tlr 1'ri•},xrtz lr:_,rs!.-.•yc?. i, t.r.t f ur.•.i tat; t7r i~rf.>a tilt ,iatr ,}:ftitird in tisr notice, Leader <br />»u. Lc~,itder~ 9ltiian itY41- tle,r .,.i t: :._, .un.- -xY~urrt. Sn- tt.7- A9artgst;r t„ tl~ tntlntssrair;t• .lue ant? ltatablo <br />>Fir,~sos•t ~tsrthrr den3sud snd ,ai ~. - ,, _-... li~ r f fa~ u,txiy: }srorrt.l::fL l~t~rt:cr : r. E t.t~ t~ntitied to co1}~.t <br />tit ^-tirii prxra~riing as: es;c.~.<. ~ - .-r ....... ........~. r;,t t.a~*. .t-...tix.. tt. ,at•t• ss. .,i>iu7neiitari~ rt'idinie, <br />s~b.~.rartr rynd S+tie rrg+en- <br />IS Dae:vw+i's ) ~ Seierttate. kotutti,-tar:,irt:}; Lrttdir> :,cxrJerat:on of ti,r ,wirs secured 6y thi= <br />3€ortgege, Barmteer sfrall i:are tee r ta,'riatr az;a- ,,z~rx•cYaiines l,rgun h}- 1.<•nerr 7.. enioni the- \iattgage dis- <br />easucd at airy tiara prier na rsst7•t~U^ s ~udo<nte•nt ,.ata7r;irg ttti- \ianRazr ii: +sf Borraccer pays Ixnder All <br />sums w•}:itdt uotrid he then :,'ue under titi.= 'ilnrtt<cct-- titc• \atr an+i m,tes seeunn;; }°uturx• .~dt•nncer. if ant, had no <br />art~erstion oocarz+ed: !ba Iiorrowzs rn+x; ~1. !.rrsa.~~- :,_ am oti:ei rov,•nar;t= it :.grrrtnent;- _; $arrow•er con- <br />tained in thffi'_Llortgage. Jea Barrovrer i+arti ail zr-s-c+nsh3r•c=x,~a~nre- inrurrxsi i,r l.rndrr in t•niorcins the cacenant= <br />and of Bortrrxrr t+antained in tl:t~ lit+rt; a~;r and lit t-nio7t•irg Lr-nxirr'> rriuedies ss pratidcd in pary- <br />graQh 18 hetetrf, inclvdi$~ but rrat Iimi7rd *.o, reasata;jhi. xttnrnzv , ii..; sn,l ,d7 it,trnaaer raft.: ,urh artiart A. <br />L> map reasonably :'squire to assure 71st rite lien of ttti- \ltrtgagi, Lender'-, interest in the Yra}rern• snd <br />J3oattx~ver'a abligatirm xa lra~- t~ ~evmi »r tSti> \(ungrs,gc• riiali ,ontinur- unintpatred- t`;wn ,uric pa~•ment <br />and cute by 13aeto~atr, this Ilsart~r staf tie abligAtionc secured hireby .hall rruraitt in lull ivrii and iffert a; if <br />ao art+u had ocrnrttd. <br />~ d ~ ff<ppai~aant al Reoeivu: Leader in Passeacioa, As additional ~•ruritt here- <br />uader, Boar~er hertf>p asaigas to Lender the rents of the Propenx•. }irot•icied tliar Borrrncir ~hatl• prior to arreler- <br />ataau under paragraph 18 hereof or ahandtmntent of the Yrolteriy, have the right to collect and retain such rent- <br />as td~y ha~rne due and payahie- <br />Llptta tx+aeleration under lmragraph 18 hereof or aharxior,n.,ent of rite Yro;x•nt. Linder, in ;>iraon, bt agent <br />or by j[rdseially sppoiatt~ neesver attail tyo entitled to cotter uEwn. lake poa e;sian of :tnd r:.ansge the Yro(xrti~ <br />and ~ t~Ieet the rents of the Property, ins#udin;: these pact due. --~Il rents iollerttt'. #>s- Lender ar the rreritrr <br />ehail be applied first to payment of the rants of uanagrtnrni of tire Yrul+in} sn+i tal!t•etian of rx•nts, inriudtng. Init <br />oat limited to, receiver's fees, premiums an x•oeiver•> liontis anti reawtt,;hle nnarnet s ir•e-_ and then to the .,ums <br />~cttred by this :Mortgage. bender and bhc receirer shall hi liabli to a+°crtut*- r;rt+.- inr ihr7~c rt-nt. artnallt- ref:cit~cd_ <br />