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<br /> �. G.ASSIGA�1�OF LEA�BS. Upon Lendcr's�+aquesi,Borrower shall atsign to 1,ei►der a11 leases of the `�� "
<br /> ° Property and all security deposiLa made iA oonnection with lea5es of dic Pmperty. Upon thc assignment,Leader
<br /> ` �; ., shall have ihe right ta modify,eatrztd or teaminatt the esisting leases and to execute aew leascs.in Lender's sole . .
<br /> ' � disaetion.As used in this paragraph G,ihe aard"lease"shall mean°subtease"if the Sa:urity Insffumeat is on a --,�-_ - —
<br /> leasehold. �
<br /> y. ASSIG�T OP �; APPOYl�MENT OF IdECEIVER; LENDER IIV POSSESSION. � <- - �.
<br /> ' _ . Borrowa alssoluteiy and uncondidonally assi�aad uansfas to Lender all the rents and reveuaes("Reuts")of the . . °.
<br /> . Property.nega�diess of w whom the Rents af the Pmpeaty are paYabla Borrower suthorii,es i.cnder or i.eader's - .- - -. , .z
<br /> ' to coIIea the Reats.and a�ees that each t�aut of the Pcopeny s6all pay the Rent�to L,eudrr or Lender's � ` -� ` L .
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<br /> � ag�t�.Howev�.Bormvmr shaD receive ihe Reats imtil t�Lender das givm Boirower uouce af defavit piusvant w ,
<br /> � . �h 21 of the Securiry Iasumn�ent aad(u7 I.ender das Biven notice to the twant(s)that the Reats are w be
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<br /> . " paid w Lender or Lmder's agznt This assigimea�t of Rents oonstiwtes an absolute assgnrneat and not an � �• .,.` ` � �' _ ,:,.N,
<br /> �;%.. • assignmeat for additional serauity onty. ' `
<br /> ':;:�;.',`:-' . If I.euder gives au�ce of 6reach to Bomowed:(a�a�3 Reats�e,�-ed by Boauwer shall be ketd by Banower as ; �•
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<br /> � tructee for[he benefn of�anEp,ta be applied.ca�ss�.s s�ued by the Seauity Instnrmeafi(a�Ixnder sdall �:` '
<br /> " � .� be eatitled w coltect and�eceive a'II a�the Rents of si�P¢��z�G.y;.C�n'�Boaowea agrees tkat eacb teaant of the ,- " '�`� - `:
<br /> �<',' Propecty shall pay aIl Rents dae a�d a�id w L�da or L.�der's agea�ts apon I.eader's wriuen de�nand w the ' . ,. ;,f. � `.
<br /> . tenan�fN) �aPP�le]aw prrn�a al[�wis�a13 Rents collected by Lender or Lendds agencs shaU he _ .. '�-"•�
<br /> . applied fust tn the costs of taking cantmf of an3�g�e PcaPertY and collecting the Rents.including,but not , .. . _._,�",:�,.�
<br /> ' :� limited w,suomeys'fees.receiver's fees,Pr��n receiver's bonds,zePaa and wainteaaace costs.a�su�ance ,, .:: �
<br /> r' pmmiums. ta�ces,acses�e�ts and o3ter ckar8es oa the Pcopeity,and then to the sums secured by the Securiry �`'` . .
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<br /> Insaaun��(v)L,ender,Lender's ag�or�Y l��Y aPPointaQ receiva s6all be liable w acxount for only those � ` '�'-,'�'r" . �=�.�:'�k�-
<br /> . . . Rents aC-aally ved; ( 7 iated ta take possession of and ;; . - �`,'`
<br /> recei and ve Lender skall be�utted w bavs a receiver appo -��sES,�;'�'� �4•';, ;
<br /> fits derived fivm the shocvm as t�the <�;�':'<�fi�. '.''� �`
<br /> � . ma��the Pco�ty a�,i colla,t the Renis and pro �P�Y ariihout anY 8 ����`;r�{��',:' �:;f�r
<br /> ..�.•� i�ad�aCy of the Proge�r�j as sec�uity ��1�.. ,
<br /> f�f t�e R�ts of tha Propaty ar not sutlicis�t to cover t�costs of tat�►g conunl of and m�ag� �e ��'-
<br /> � Yc�tp and of colle�ting the Resm a�y funds ex��ded by I�ett�r fur sach p�uposes shail became mdebteMess of ' ; F�5 _
<br /> � r•'::° Bmrower to Leuder secured by the Sea�uity��t purauant t�L�orm Covenant 7. :t i„_:
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<br /> • ' ',� Barrower repmseau and waQaats that Boaouer has noi ca�e�d any priQS assi8nment of the Re,nu�Las ..
<br /> � aot and will aot perfosm any act that wauld prevent Lender fmm e�ercisiag its rigdts under this Paragrap}i. _ �;.,,:_,`':°
<br /> Leadea,or Lendes's agents or s;�3iaaltY appointed receiv�r,s�sall not be mquimd w enter upo0.take ccs�oi ,. �..��:,. ���;:'
<br /> _ ' of or maintain the Yroperty beface ar after giving notice of ddaa�to Borrower. Kowever,Lendea,ar Iendrz's i '�r�r~
<br /> � � • . agentv or a judicislly appointed receivea,may do so at any pme w5en a defaWt occurs.Any applicasion of Rea�t� ��� _
<br /> .. , suall not ciue or waive any defautt or II►validate any othEr right or rc,�nedy of Lender.'IUis assignment of Reats of = -" ���
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<br /> - � the Proparty shall te�rninate when aU the sums sec�ued by the Security Inswment are paid in fiill. ... ,rt..:;: •.:
<br /> : D.CR039-DEFAULT PYtOVISION. Hmmwer's defaalt or breach under any note or agreement in '`i`;•, � ,:�==;;.
<br /> � which Lender has an interest shall be a bseach under the Security iasuumeat and I.ender may iavoke any of the '.�.=,�:;;:„
<br /> ' 'al. remedies permittcd by the Securlry In�ar�ment .. '�::`;�'::
<br /> `.�:,�.: BY SIGNING BELOW,Boaa�a�a accepts and agrces w the�s and provisions coutalned�d�is 1-4 Family
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