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` 92-�aic�9"�a �
<br /> ' or by a oourt--appointod reoeivor, ragardlass of tho adequaoy
<br /> of Lend9ra' seourl�y, enCer upon and take goesessial and
<br /> QonCrol o£ the Mortgaged Esrate, or anp part thereof, to
<br /> perform a11 aots necessary and appropriate to operate and
<br /> maintain tho Mortgaged Estate including, bue noC limited L•o, - °
<br /> exeoute, oanael or modiEy L•he Geases, meke repaire tio ehe �.,�-
<br /> MorL•qaged EsCate, axeoute or L•erminate conCraal:a providing ---_- ,
<br /> for tha manag�ment or maintenanae o£ the Mor.tqagod Estato, —=
<br /> all on su�h t�xms as aze de�7�d best to prot�ct the security -=�r=:^_
<br /> of this Assignment, and in Lend�rs' or Harrouex's nam2, sue �;�;�-
<br /> for or otteecw8se colleet sueh renL•s, revenu2s, profits and `1"""
<br /> inco�s fro� tfl,e �ort a �el Sstate as s �`"Of� '
<br /> g g gecifi�d in this �_..-
<br /> Assignment as th2 san2 hecomo due and payabxe, inoluding, but _--:
<br /> noL• limited tco, rents then du.e and unpaid. t%��:=`
<br /> `k?�=r:.,,,
<br /> TAfu�'-_-.
<br /> All rents coliected shali immer3.f.aC�ly �b�e held by �;;"��;;:'.
<br /> Horrower as trustee for tho L*�enofit �£ Le:.c?�z�s only.
<br /> Bor.rower agrees that aommehcE.n.g upon the oc�cvcsence of euch �:����-'
<br /> hventi oE Default, each tenanc af tho 75artgoc¢3. Estate shall :±F;:sii
<br /> �,"%�:..-,,
<br /> make its rant payable Co and pay s4cckt rent to 3Rrcte•s�, (or �.;�,t_:_.,
<br /> Lenders' aqenCS) on Lenders' writton demencl 22:er�efor, ;�i?:,">_-
<br /> delivered to such tenant personally, by mt��a, cr by '��:'�'-'""'
<br /> �;,N�,.
<br /> delivering such demand to each rental unit, �ithout any �`i;*�";'+
<br /> liability on the paxt of said tenant to ir,ware Eurther as to rv>;F�"
<br /> ,;_:s� :
<br /> the exiatence o£ an Event of De£ault by Borxower. ��.��,; .
<br /> : In the event Lendere eleat to aeek the� uppoin4°ont oE a
<br /> S;j�^;.F;;^:...
<br /> , ��;,�.::=,_
<br /> receiver Eor Che property upon Boreower s br2ach of any �i�;%r:,,
<br /> covenant or agreement of &orrowex in this Assignment, �°�,::r: •
<br /> 8orrower hereby expressly consents tro the appointment of such �asrr�ix
<br /> recelv2r, Lendere or the receiver sC�all be entitled zo ���;:�
<br /> ceceiv�e a reasonabl.e £ee Eor so mana�ing the Mortgaged Eetate. ��t�r:
<br /> All rents, revenues, profibs and income collectad (�,'�-,.e-_
<br /> subsecluent to the occurrence o£ anp Event oE Uefault shall be p�i;f;=,s_=;
<br /> applled at the discretion of, and in such ocdec as determined }'�,Yr�:y;'';;
<br /> by, Londers to the cosCS, if. any, oE taking possession and "`;';;'�?
<br /> C:1 J,.
<br /> control of and managing Che Nortga ed Bstate and cullecting 1;i'�.;:�i;;
<br /> � , ,,,_,.,_
<br /> auch amotults, inaluding, but not 1 mitod Co, attoxney s Eees, }>•s:=;
<br /> receiver's fees, premiums on ceceiver't� bonds, coets of �s'*'%i��;;;
<br /> tepai.c� to the ?IOrtgaq��d Estate, peomlume on ineuranc� �«%��Yi±:;
<br /> Molicfo�, texea, asses�ments and oth�er eharges on the k"�t"`'"
<br /> ortgaged Est�t�, and the costs of dlscharging any onligation .E�}`�� ;.
<br /> or liability oE Borxower as lassor or landlorc] oE the '' r'E -
<br /> Mortgaged Estate and to the sums secured by thie Aselgnment, t�����< :.'
<br /> Lenders or the receiver shall havo accese to Che boe3s and "��`'``
<br /> {il�p _
<br /> records used in the opsration and maincenance of the ��
<br /> MorCgaged Estate and ehall 6e liable to account only Eor t;:vus;s,;_-
<br /> those rentis actually received. Lenders shall noC be liable '`"'"`
<br /> ���i;a;:;-_
<br /> to 8orcower, anyone claiming under or through Borrower or '�_,Y';,�._
<br /> ;s';i;
<br /> -3- •.i;::`s:,'::'.
<br /> ea3u .;C«�•.�-:
<br /> jj�:'.:,; -.
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