',•-_.� . ;c`;:<,�
<br /> __. � r � _
<br /> . -, - . , . ; � < , � „ �.
<br /> • , . . < < ,.
<br />. . , , • _ - • . , . � • -,-t� , . . . . - . . < . - c .
<br /> � � . . . ' , � . ' . , , * .
<br />_ — . . ` . . . . � .. , . , . , ' . . . � . . ;, r. . _
<br /> .. . < ' ' . . � . . , . ` � � - � i - . ' � . .. . .
<br /> . .z _ - . . . _ . ... . � . ` . . - - '—..... - - .. _.. _� � .. . . � ' . . . ` .
<br />. _ . � • n�y � � . �,? � ` . -.
<br /> � �7'/° ����� ,` r
<br /> r . .
<br /> , . .
<br />-..:; �----r-j . . -�-.--- -
<br /> �:•.
<br /> �• G.ASSIGNMENT OF L�ASBS. Upon Lettd�'s rec�uest.Barrower shall assiga to Lender all leasQS of the � ,
<br />:`�. �. Prap�ty aud all sec�uity deposits m2de m conneaian with leases of the Propesty.Upon the assignmeat,i�der � .
<br /> shall have We right to madify,extend or t�a�aate ths existing leases and tn eaocate new leascs.m Lender's sole ; - �--
<br />='�a� discresioa At used in this par�aph G.the word°lease"sbaD mean"subtease"if thc Secwity Insdnmeat is on a � ,
<br /> i' . �
<br /> �'E � leasehoId. � � ,
<br />:�` H. ASSIGNMENT OF RENTS: APPOINfM�'4' OP RECQVES; LENDER 1N POSS�SSION. �.
<br /> �.: � € .
<br /> ' Hozmwer a6soluteiy aad uuoondiSo�lly assi8os and oraasfe�s W I.euder all the r�and reveuues�")of the . .
<br /> - . pi,npeity,re�rdIess of tn whom. '�°R�ts of tt�Propeny ate payabte.Borrower a�izes I.eader or Leudet's .
<br /> ![
<br /> __ • � ageats ou collect the Renis,and�s tlr�eadi teaant of the Prop�Ey s�a}l gay dce Rents to Lender ar L,e�der's ,.:: `
<br /> :-; S , . .
<br />-;= ag�ts.liowev�,Boimwer sbaII�ve the Rents m►W(�L.eader das�Brnmw�aodce of defaalt pu�uant to ` _ . .`.�
<br /> zn �`�f-�
<br /> �1` - T` pa�agraph 21 of the Secmrity 1a�eat and{'u�Leuder has givee�notir.e w the teaant(s�thai the Reuts are w be - _ ��f�:� .� -.
<br /> '�` 7bis of Reats cons�drtes � �rf�::L;;;�,�;�
<br /> • ;' paid m Leada or Lcndea's ��. assignmemt an absoIutc assignment and aot ar► � '.����;i .
<br /> ;�• � ' ; . , '�'�s�.,;, :.
<br /> _� . . .``��' a�ma�t for atlditional seauilg a�s1Y• ' °.:`�?�r:::•.
<br />'��'� • If I.eadet gives notice of breach m B�mnra:(�all Re.nts ceceived by Borcower s6a11 be held by Borrower as i .
<br /> ���f, r• i--`.�••
<br /> " �' ' �tee for the beue�t of Lend�anly,w he applied w Ihe sums secared by the Seauity Insa�ameafi fu�Leader shall � ._" ;.
<br /> "�f� � .':;'•' � . be enritled tn wllect and recxive all of[he Rents of the Propeny; Cvi� Bomowa agc�tkat each teaant of the `. ',;:`;k.= ,, :
<br /> � . �- ,` p�,npeity shall pay all R�tc due and unPaid tn Lender or Lender's agents upon L.en�r's wcutea demand to the ` '�-` --
<br /> e ll C. '� °j-,�F ' �:
<br /> _- . ,`��;,. teaa�►�Gv),uQesc agpticable Iaw pmvides oshawise,all Remts wtlected iry I.c�der or Leadar's ageuts shall be . ,.. /_r=-�-.�'��
<br /> _ � . .� applied first w the costs of taiaag cuntrol of and mana�g the Prope�ty aad coItecxmg the Rents,urcluding,but not • , _J• ..#�
<br /> �`�'•'� . i limited to. ' and maurtenance c�ts. � f�'•'�F .
<br /> •,. attmneys fees.receiver's fees,pr�tiums on receive['s bouds,cWafr inanran P_ `f.ij� �"•�yy•;{.•.�.�.
<br /> ,.. .->.il ! . . ,
<br /> premnuns.taxes,assessme�tts�rd othar charges on the Propeny.and then w the sums secured by a�e Secauit�► : ,,, ,. ;
<br /> n<.� ,�•,Y,`A,: a , Instramenfi(v)La►der.I.enda'��,ats or aay judicialiy appointed receiver shall be 1ia61e m accaunt for only Wose t,`.`•y��,�'�b '�:
<br /> �, ' .`,':Y'a
<br /> ��'S:�;,:?',3,
<br /> ''�f ��,,,,�s Reuts acmally received:aad(� L�ader shalt be entWed tn t�ave a receiver appomtec�tu take pu�on of and -' ,f�� .;�-.
<br />,;' ,f ".�. ' manage the Prope�ty�d colleU she R��rd proSts deaived fram the Ropeny wir�sQat any�aitr�as to the . , ` ;•°F�:
<br />: �i t� � • " inadequacy of the P►vperiy as sec�ity. . . ��,``:;�
<br /> ",.••� .= _.
<br /> . � .` If!he Reais of the Praperty are not sufficient w cover the costs of talang a�stml of and �g the . . ,..: �"�=,
<br /> '• - � '?s;�:�• pcopesty and of cflidecrosg t�e Reutc any fund4 expended by Leader far sach puipo���ri3 Uecome inde6ted�►�6E _ .�'���,,��
<br />:,,,�; �.;;t%,�:��_
<br /> . ,i,__ .
<br /> • � Bmmwea w Leader secnred by the Security Luownent putsaatst tn Unifoim Coven�7_ .:. �S.'�{,.:��?'
<br />_ • . ' Borrowes eegresenis and wanants thal Bosrowca hac not execated 2uy g��.areat of the Reats mid has �.:. .�',�...:
<br /> ' aoi and an'll not perfmm anY act that would prevent Lender from eac��its ci���dcr this paiagrapi�. • •. �"�--
<br /> � �. . Leader.or L�.'�'s a�ts or a judicially appointed receiv�,shall nat ise req�^�to entra upon,take control . ..,: ',.�
<br /> :r�f_
<br /> �.,.j • s . . �::,�:C���.S:_�r.:r.
<br /> of or maintain the Pcapaty is�fore or after giving natice of defaWt w Barrower.��er,Leader,or Leader s ;: ,,�,,?,;..�-.
<br /> `;' . ' age�ts or a judiciaily appciauaf zeceiver,may do so at au� mne when a defauit occaes.Any appliqtion of Rent� � ;r:����s�a���,��,��
<br />�'� u
<br /> =�.`� sLall not cure ar waive any c��ault or mvalidarc aay ot�ccx�ght or re�medy of Lender.'Ifiis ass►gnmeat of Rents of ` ' ''y;'''4t��',
<br />-�JC;ff: 4 ' � :."�•.•.�._:
<br /> �' _ the Prope�ty s h a i i t�minate�a l l t he sums s e c�n e d b y t n e S e c�r i ry I n s tr u m e n t a r e paid'm fiill. .,. :
<br /> r;�;:, ; .. ;1 F.-
<br /> a• :_ . E.CR055-�r�FAUL'�1FdtOVISIOPi. Boir��ds default or breach und� any nate or �reement in ;;�j�
<br /> "-� . . ,�.��y w�zb Lender has an mtesest s t�a U b e a b m a c 6 u n d e r r t r:�r e t y I n s tr u m�t an d L�..a d�e r m a y�v o k e a n y o f t h� . . ''°��:,.rF'�.
<br /> ' '4i��Jir;�;�•:
<br /> ►��:•.� ' ::•t'•d% .
<br /> e s;; .. •.•�: _ , reanedies panumed by the�e�c►6iry Ias�ument • ' ' . ..
<br /> ' BY SIGNING BfiLOW,Horrower socept�and agt�es to the trams and provisions wntauied'm tlus 1�4 Family � � �'��
<br /> •r' � . � ` ,.: .
<br /> . . •� Rider. . .
<br /> �;�:. ; ,i�,_.; `�t.J�l.{�l� (Sean � � �L!�C�(�(� �� Seal)
<br /> _ '� � .",�.• HARR T BULOW -Botmwa ILA MAS B W •Hoimwer
<br /> , � • . •
<br /> i ; • • [SC�)
<br /> Y V �
<br />� r..r�,� _ ' ���� � . ..
<br /> '.F!` + • -Bmrower •Bmroarcr . �
<br />.Y t� • �� .
<br /> �•-',Y' . ' i r ... :..
<br /> �.-
<br />•"r`;:l;,•: ., �-57 tsaa�.o, �npo4 of 2 Form 9170 3183 � �
<br /> `' � ;f' : -
<br /> 's;�• :;, • '• .
<br /> . . : i ' ;,�:'
<br /> �.,:..:` '�ik� i i �
<br /> �
<br /> 3t'. . . . . .� t .
<br /> �� j .
<br /> i.; �
<br /> `. ' j I
<br /> 1��
<br /> �t� - .
<br /> ��•• � .
<br /> .ir ' '_1� - Y . . '
<br /> ;a-'� � ` � . ,
<br /> �,.?' - . -, . ,- ...... .. ---�• _ . _ . . _ . _..__.�_._ r� �- ._ . _ �-. ' . '
<br /> . ; . . . .
<br /> _�` ' . � � �
<br /> - ... . . .._. - . . .. .. . . . . .. .. i.... . . . s .. . _ - _ . . ._ .._ . - . ..!..`.. t . ,.�.7v �.• .;;r,r*., v� =�-�'z 5 �� . _ -
<br />
|