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80-UCr~527 not extend or postpone the due date of ttre monthly installments referred to in paragraphs I and 2 hereof or change the amount of such installments. lf). Borrower Not Released. Extension of the time for travrnent or modificatior_ of amortization of the sums secured by this Mortgage granted by bender to any successor in interest of Borrower shall not operate fo release, in any manner, the liability of the origins{ Borrower and Borrowers stucessors in interest. Lender shall not be required to commence proceedings against such successor or refuse to extend time for payment or otherwise modify amort•;yation of tha sums secured by thisllortgage try reason of any demand made by the original $ozmwer and Borrower's successors in interest. I1. Forbearance by Leader Not a Waioez. An v forbearance by Lender in exezcisiag any right or remedy hereunder, or otherwise afforded by applicable law, shalt not. he a waiver of or preclude the exeroise of any right or remedy hereunder. The procurement of insurance or the payment of taxes er other liens or charges by Lender shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured. by this 'tortgage. 12 Remedies Cumulative. 911 remedies provided in this Mortgage are distinct and cumulative to any other right or remedy under this Jortgage or afforded by lat.- m equity, and may Ire exercised concurrently, independ- ently or suecea_sively _ I3. Successors and Assigns Bound Joint ~d Several Liabi&ty; Captions. The cotenants and agreements herein contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender ~ and Borrower, object to the provisions of paragraph 1 ~ hereof. 911 covenants and agreements of Borrower shall be joint and several: The captions and headings of the paragraphs of this \iortgage are for convenience only and ~ are not to be used to interpret or define the provisions hereof. 14. Notice. Any notice to Borrower provided for in this llongage shall ire given by mailing such notice by n, certified mail addLessed to Borrower at. the Property 9ddress stated belotc, except for any notice required under f paragraph 18 hereof to be given to Borrower in the manner prescribed 'an• applicable law. Any notice protrided _ for in this Iortgage shall be deemed to hate been given to Borrower when given in the manner designated herein- "r 15. Uniform Mortgage; Governing Law; Sevezabitity. "Phis form of mortgage combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform secu- rity instrument covering real property. This \Iortgage shall }re governed by 'the law of the jurisdiction in which the Property is located. In the event that any provision or clause of t-pis Mortgage or the Note conflicts with applicable law, such conflict shall not affect other provisions of ibis >Iortgage or the IQote which can be given effect without the conflicting provision, and to this end the prnyisions of the Mortgage and the Note are declared to be severable. 16. Borrower s Copy. Borrower shall be iurnvhed a conformed copy at" this >tortgage at the time of execu- tion or after recordation. hereof. 17. irva,a#er of the Property; Assumption. If all or any part of 'the Property or sn interest therein is sold • or transferred by Borrower without Lender's prior written consent. excluding tai the creation of a lien or encum- brance subordinate to this Iortgage, fh1 the creation of a purchase mono}- securit}- interest for household appli- ances, (c) a transfer by devise, descent or by operation of law upon the death of a faint tenant or Idj the grant of any leasehold interest of three years or less not containing an option io purchase, Lender may. at Lender's option, declare all the sums secured by ibis vlortgage to be immediately due and payable. Lender snail hate n arced such option to accelerate if, prior to the sale or transfer, Lender and the person to whom the Property is to he sold or transferred reach agreement in writing that the credit of such person is satisfactory to bender and that the intereai~ payable on the sums secured by this 3ortgage shall ire at such rate as Lender shall request. Ii Lender has waived the option ro accelerate provided in this paragrapl: 17 and if Borrower's successor in interest has executed a writ- ten assumption agreemen*. accepted in writing Icy I:ender, Lender :hail release Borrower free: a!1 obligations under this 14lortgage and the Note. If Lender exercises such option to accelerate, Lender shalt wail Borrower notice of aceeieration in accordance with naragraptr 14 hereof-. Such notice shalt provide a period of not tea Than 30 days from the date the notice is .::ailed within tahicit Borrower may pay the sum, declared due Ii Borrower fait, to pay such sums poor to the expiration of such period, Lender may, tvithouf further notice or demand on Borrower, invoke any remedies per- mitted by paragraph 18 hereof. lox-['xrFOast (;Oyr:_l'AxT. Borrower and Lender Curtner covenant and agree as Collmcs 18. Aeeeleratioa; Remedies. Except as provided in paragraph ] r hereof, upon Borrower's breach of any covenant. or agreement of Borrower in this \forcgagq inchu{ing the covenants to pay when due cry sums secured by this Mortgage, Lender prior to acceleration shall mail notice fo Borrower as provided in paragraph 14 hereof specifying: ill the breach; i21 the action required to cmr suer: breach; X31 a date. not less tlum tirittiy days fran fhe date the notice is ensiled to Borrmver, fry tt hieh such brctcir must 6e cw•ed: and +41 that fai(urc to cure such irreach on or before the date specified in the notice may result in acceleration n( the soma secured be this Mortgage and safe of the Property. if the trreach is not curer{ at: ar before the date sficcified in the notice, Lender at Lender's option may declare all of rh'e evens secured by this ~tortgxge to be inunediatel}• due and payable without further demand and play foreclose this• \lortgage by judicial proceeding. Lender shall be entitled ko collect in such procecriing all expenses of foreolosure, including, hot not limited to, costs of d.ocumenfan• evidence, abstracts and title reports. 19. Borrowers Right to Reinstate. Notw•ithstnnding Lender's uree}eratimt of the aunts =earmd by this ;Mortgage, Borrower snail have the right to have any proceedings begun by Lender to enforce this Iortgage dis- continued at any time prior to entry of a jttdg•nent en(orcittg this 11ort;agc if:.iai Borrower pays Lender all sums which would be then due under this \Iortgage, the Note and nota~ securing Fnritre Advance:, if any, had no acceleration occurred; fbj Borrower cures nli breaches of an}• other covenants or agreements of Borrower c~n- tained in this'.4fortgage; (c) Borrower pays all reasonable expenses incurred h}- f.entlcr in cnlpreing the covenants and agreements of Borrower contained in t-hisliortgugc and m en{m•cing Lender`s comedies as provided in para- graph 18 hereof, including, but not limited to, reasonable attorney= iees::uui uit Borrower takes such action as Leader may reasonably require to assure that the Lien of this \Iortgage• Lender's interest in fhe Property and Borrower's oblieatio_n to nay the saim_ secured by this ~InrrRaoe a,,,u c„~r;t„a;, ,,.,:,. i,,.:,.,,d t?. .. , _ . and cure by Borrower, this :Mortgage and the obligations secured heuby <hall retuain iu it.q forcenn 1 cffect•as+if no acceleration had occurred. 20. Assignment o€ Retrts; Appoiatmeni of Receiver; Lender in Possession. 9s addit.ional security here- under, Borrower hereby assigns to Lender fhe rents of the Property, provided that Borroter sha?I. prior to acceler- ation under paragraph 18 hereof or abandonment of the Property, have the right to oollect and retail: such rents as they become due and payable. IIpon acceleration under paragraph 18 hereof or abandonment o[ the Yropertc. Lender, in person. fry agent or by judicially appointed receiver shall he entitled to-enter upon, take possession of and mattxgn the Property _- and to collect the rents of the Property,-iheludittg thasc past due..~li rents collecteri b}• Lender nr the receiver shah he applied first torayment of the t oats of management- of the Property and collection at rents, inehuling, but not limited to, receiver's fees, liremiurns on- meeiver'a bond= and reason ~ :attorney's fees. cud then to the awns secured by this dortgage. bender and the receiver shtall be liable to ac, - ah• far those rents arntalty recei: ed.