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<br /> • ` (i.A.ti51G1i�lF.1�"f OF LFAtiE.ti.Upon L.cx.L:r': rcxr,n:r.t;.fictm»�er atiall��iotu Leceaier ap lrau�of the ��:�`.
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<br /> ,` � � Pr��Perty snd all uti�unty Je�u�it.madr in cunr,,�.Yia�►ac.fi l:uti��u{�:tlr. Pr�,perty. Upon the s..ignment. Lender �.: ,.`,;�'.'.;•.;;:..=�.>_ .
<br /> �. — S �h:il!ha�e thc righ�to madif}r.ectend or terminae:ito:�tistt�kau+�atxf ta txcrvte netv t�au�.in Lende�.wle t -. t
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<br /> • di.cretiun. Ar wed in Uiis p�.u�agrapb G.ttte�tiunt"lea.,e",ta�kt�"sublea�e"if the Se�vrity in�trument iti on E -
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<br /> H. t#SSIGI�'1►iENT OF RE!�iTS: ,�IPPtD11��IIEhT (3T RF:�FtYER: L�'UER �i POS��SSIOIV. . ,. � �
<br /> Borru�tier abx,lutely:uui unrondition:illy a+.+iFn,aru!usut�Ccs�[n Le:a:43r aSl the rents and r�eaues 1"Etents")af _y�7 `
<br /> � ° � the Property, rt.�;ardless of co �chom the Renu of ttw Pro}►wi}• asr,pa}•able. Borruwer autharizes Lender or _
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<br /> ` , , � . Lender s agents ta wUect the Renu.��ui agre�thit e:+�.-E�te.�1t ot tta:�RcoPert)' shali pay the Renu to Lender or ,.,�;,.,:-
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<br /> � • Lender s agenis. Hon•ever.Borro«•er�Na1�recx�re tio=Rentc until til l.c:nder I�as Siven BarroW'er�►otice of default _ , +: ;
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<br /> � ., pursuant to paragraph 21 of the Securiey la,uument and liil Lenda'�t�s��,iven natice to[he tenanttsl thnt the Itenu `. ..''y -,-
<br /> -� � � are to be puid to Ixnder or Lxnder's agent.This assi�ttte.nt ot'ittz►ts c�xnstitutes an absolute 3+signmenl and not �:.�:: -..-:T.�:.
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<br /> r° an a�signment for ddditianal�ecurity oniy. .;.::'.;:'"r`;:=�::
<br /> �` ' . • �• If Len�er gives natice of breach to Burmµtir. li)all ltc�nts re���ui by Borrower shafl be held by� Horrower ; ;�:,;,'.:,;,.',;,,.:,
<br /> " � � as tn�stee far the bcnefit uf Lertder unt��,to be app4itd ta ito-t suane��.".era�by the Security Instmment:(ii►Lender ° `. _ �
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<br /> � shal)be enritled to cotlect:uuf receice all af ttu Ren*s at tb:Pnsperir:liiil Borrower agrc�es th4t c�de teront of the , �
<br /> j:_• . � Property �hall pay ap Rents due amf unpaid to Len4u ar I.e:b�t.'s agent+upon Lender'+written dem:sl�f t�� che �` �> ,=
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<br /> � ,�ti� tenant: liv)unl�s�a ppliu�sble law provide+othenr�c,e. :L"1 [ieci�s a�tiected by!-ender or Lenaier s :in.�sL,.sJratl be . ;
<br /> � - r� � applial first ta the costs of takinLe a�nuol of:uu!m3nsging tto:Prnpeny :in J co l le�'�ing t he R e n ts. i a��;�,�. b u t Ls ., � �,y�;
<br /> not limitesi tu. attomeys' fee+. recei�cr', fees. premiums on �o�_i�•er s bondti, repair antf m~:ntenance costs. - ;f;�:t�;'T
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<br /> x . '� insucance premium+.ta�ce+. a+se+s►nenu and ottuas cEe�gc�nn tl�s Prc�perty.and then to the suv;s secured by [he } � V
<br /> � � Security l�ment:lv 1 I.ender.Lender'.agent�or any jtaittia3.t}�•appointed receiver shall be [iable to account for � ry' ,f�r �-
<br /> � �" `' anly tha�e Rents actually receiced: and Ivi) Lesntrr staifl bt entitled to have a receiver appointeci t+i take ���,1• '
<br /> �F .:: passessian of and manage the Pmpecty and c��ltect tha: R�rrr�s ar�3 profit+derivuf from the Property without any ;�:;r�7l;`�,;,:,'y�•:::.�•;�"
<br /> � � . � ., showing a.s m tfte inadequacy of the Propeny a�accurity. ' r; ,� u
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<br /> ' � If the Rent+of the Pn�peAy arz not suificeerJ tn c�n�e��th���sts of taking runtrof•+at"::ad managing the .:..� ,:,,r,:-
<br /> ��; ,:c�:: � Property and of colleeting the Rents any fucud.y e�p�rn�d b�r:Ler•r3��-fi�r xuch purpo�es shall 15�s:.+me indebtedness .:_;-;;':• •`r''___
<br /> � � of Barrower to Lender secund by the Security Im�trumcn:�parscs.t w Uniform Cavenanl7. �' ,. '
<br /> , � BocroHer represents and warranu that Bormvnr'Ir�x not executed any prior assignntent af the Rent�:ind has , .,:,.`
<br /> ` �� ,y ��' � not and will not pert'orm any act that w�outd pn�uv.Lt�itder from exercising its rights under t�x�s parugraph• >>% :i
<br /> � t '_ ''r`� •',; Lendcr. or i.ertder s agents or a judit'sa11y a�int�d receiver. shall nat be requirafi co enter upan. take �+. � '
<br /> � y �;�; control ot o�maintain the Property befare or a€ter•giving noiice of default co Borrower. However, Lender. or ;�; �.
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<br /> Lender s agents or a judicially appointed recei�tir. may do sn at an}•timr w�hen a defuult occurs. Any apptication �.,.., ..�.�{,;,;;,,;,;;,;,
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<br /> , �: �t •.' of Rents sh�ll not cure or waive any defau!t or imul�►iate any osher right or�y of Lxnder.'[�is a�.signment of r. Y ;�� ,-
<br /> , r ,�` � ;��' �` Rents of the Property shall terminate w hcn aU it�:�u:ns secured b� �he 5ecan(y Ln,tn�ment Are paid in fulL � r.
<br /> ,;�;5+ : H.C'Ti�OSS-DEFAUI.T PROVt�TQli�1. pitrrower's dzfauh r•c breacb under any note or agmxment in whicfi �.�,�„
<br />;���; . "_ Lender l�x+an intere+t shall be a breacfi uuiL:r the Security Insttur_:ent and l.ender may imnk.::any of the remedies . __
<br /> ;.., .. � �. perm's�ted by the 5ecurity In,trument. _
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<br /> ,�r 8Y SIGNII�IG BEI�CCDW. Borrov�cr accept::u?d agrecs to the terms and provisions cantained in this 1-4
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