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<br /> � 98- 1cf4939
<br /> G. A�89[GINMRNT OF LRA8U,9.Upon Lender'�requat,Borrower�6�1 wi�n ta Lender�ll le�x,a of the _
<br /> Property�nd�II �ocurlty depotiu m�de in connxtion with le�of the Property. Upon the udgnment, Lender
<br /> �htll hRVe the dQht to modtPy,eatend or termin�te the eai�Nn�lca�e�and to cxccute new lwcs, !n Lender'e aolc
<br /> di�erctlan. As u�od In thla pu+��r�ph O,the word"leaao" eh�ll�"aubleaac"if the Security Instcument ls on
<br />, �le�ld. -
<br /> H. ASSIGNMEN'!' O!� RENT9; APPOINfMENT AF RECEIVEII; LENDER IIV P093ES9[ON. _
<br /> 8ocrower�aolutely�nd w�condition�lly�ul�utd tr�aden to l.enckr�ll the renta and reveaue�("Renu")of
<br /> �he propeny, r��ardla� of to whom the Rcnp ot the Pmpeny �«o pay+�ble. Borrower �uthonuw I.eader or
<br /> I.rndor'e sients to colloct tlie Renu, sr►d�grea that e�ch ten�nt ot¢�o Property shall pRY the Ronts to i.ender or
<br /> I.etider'��nn.However.Botrawer�11 cticelve the�Etnts uatil(i)L,ender hn�aivea Borrower notia of defxult
<br /> punu�nt to p�n�r�ph 21 of the Socudty In�tn�ment md(ii)Lerxkr hu Riven notia to the ten�nt(s1 tbat the Rents
<br /> ue�a be p�id to l.ander ar I.cxWe�'s#geuc,Thix ussianmwt of Rents constituta an�►baolute ass�i�nnxnt uid not
<br /> #n�ui�ament��r addition�u]socuraty urc@�r. _-
<br /> If I�aodor gives notice x��bra�ch to t3orrowet: (i)�11 Rena r�c�:ived by A�rso�n�rr eh�ll Ue'h�ld by Borrower
<br /> iu tnutea for the beneflt of Lender only,ta be�ppllal to the suma aecured by th��;acurlty Inurument;(fi)I.endor -
<br /> stull be eadtled to collect and rocelva d!of the Rtnte of the Propecty;(iii)Bonowar aYrees tt►�t each tenant of the
<br /> proyecty�brJl p�y dl Ra�u due md unpaid to Lender or[,a►cler's A,g�ennu upon[.ender'�written demwd w tLe
<br /> :;,:.:�t3 (:�)unl�:��r^��"-��'���-'•`•�Rro�lQM oshtt!!�l!e. �� R!'!�te eol?nrtM hy i�!w�er nr Lender's�¢enb ehtll be
<br /> �pplled tint to the cau of t�klnR cantcol of md m:na�in�the Properry usd volloctinQ the Rents,including, but
<br /> ial Ilmlted to, utomry�' fea, roceiver'� fea, praniumo on receiver'� boads, cep�ir u�d maintaaux�e cosu,
<br /> inwruioe pre�niumr, wca, weumenu�nd other ehur�on the Pcopaty,u�d thea to t6e eum�securod by the
<br /> Secudty Itut�ument;(v)L.endar, La�der'�ageau or�uty judici�lly appolnted rocelver ehall be liable to�ccount for
<br /> r only tbo�e Renu acxurlly roaival; �nd (vl) Lcndu �h�Jl be endtlod to h�ve a recxiver appointod to take
<br /> � pv:iwiwu��:�:��s ih6�raF.,'rty and collcct she°ens�rad�rr�iss�Iv!� frnm he Pnn�ny wichout any .
<br /> r �bowin�a�w the 1a�degu�ay of tLe Propetty+u�ecurity.
<br /> If tbe Rex�u of tha Property �re not tufflcient to cover the costs af taking controi of aad meoa�ing t6o
<br /> � Pmpe�ty and of collocting the Renu�ny fuad�eapendad by Let►der far suah purposa�ll becoma indebtedneae
<br /> of Borrower to L,ender exurad by the Security Imtnunent pureuent to Uniforai Covenmt 7.
<br /> � Borrowar repreaente and warnaw th�t Hotrower has not ox�scuced any prtor nisignmant of tho Ra►te uid ha
<br /> not wd wiU nac perform a�iy aCt thu would provent Lrxider fmm exerciAin�ite righu unAa thi�pangr�ph.
<br /> l.eader, or Lender's a$wta or a Judicially appointod reaiver, ehall not be roquimd to a►ter upon, take
<br /> � cpucol of or matnt�ttt the Property bcfore or after giving notice of def�ult to Bornower. Howevcr. I.eader. or
<br /> I,eader'�axenu or�Judlci�lly�ppointed receiver, may da w at any ciine whea e default occure. My�ppilcatioa
<br /> of Reau�lull not cura or wdve�uy defi�ult or iav�lidate any othcr right or nmedy af Lender.This auignment of
<br /> RaM�of the Propaty th�ll tonaln�ce wh�n�Il the�ums secured by the Secudty Instrum�nt en p�id tn full.
<br /> 1.CR09�-Dffi�'AULT PROVI3YON. Bormwer's default or breach under ariy n�te or�grament in which
<br /> � l.ender fw in lnterat�hall be�breach under the Security Instrument and Leader may Invoke�ny of tl►e remecliea
<br /> � ppwlttod by tt�e Secudty In�tcument.
<br /> BY SI(}NINO B�LOW, Borrower �cxepta u�d egcaa to the tcrma uid provieions cont�ined in thia 1-�
<br /> F�mlly R{da.
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<br /> •Bortower -Boaower
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