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<br /> ti. ASSI(:PdP9l:IV'i O�L�;ASES.Upun i.,�:udei•'s i�eyue.rt. 1k�►rower shull ussigt�lu Lc:uil�r:►U lcurw:of dte -
<br /> Pmpeny Aixi ull :;ecuriry deposits mude in connection with Ieuses uf the Propeny. Upon the ascignmant, Lender
<br /> shall hav�the ribht ta mndify,extend or terminute the existing IeASCS and to executo new luut�s, in Lendc��'. s��le
<br /> discretion. As ucccl lo this puragraph G,the word"Iwu"shull mean"subleuse" if�ho Sr.curity In�trurnent is on
<br /> A ICAtithOld.
<br /> H. ASSIGNMENT OF RENTS; APPOINTMENT OF RECi?G1�R; I,�NA�R IN POSSESSION.
<br /> Borrower ubsatutely un�i uncanditionuily ussign�aud transfers tA I..ender ull;th� rr-nte and revcnucs(":tcnts"j of
<br /> thc Property, regardless of to whom the Rents of the Property are p�y�ot6ln. &�rrmvcr authorizcs [.endcr or
<br /> Lencler's agants to collect Ihe Rents, und agrees that each tenant of the praperty shnll puy the Rente to Lender or
<br /> [,ender's agents. However, Borrower shall ceceive the Rents untii(i)Lendnr hus given Bc►rrower natice of default
<br /> pursuant to paragraph 2l o;the Sexuriry Instn�ment and(ii)Lcixier hxs giuon natice to tho tcnant(s)thut the Rents
<br /> are to be paid t� Le►x!er or i.ender's agent. This assignment of Rcntu cane�titut�:s an absalute assignment und not
<br /> an assignment for additioruil sccurity only.
<br /> If Lxncler gives rAtice of breach ta Rorrawer: (i)all Rents rcctived by&irro�vcr shull be hcld by F3�rrower
<br /> as trustee for the bencfit of Lender only,to be appliaf to the sumc r,ecu�i by tho Security Instrument(iI)Lendcr
<br /> shall be entiticd to collect and receive all of the Runts of the Property;(efi)Horrower nArees thnt cach tenant of the
<br /> Property shall pay alt Rents due•rnd unpaid tc� L.cnder or[,encler's agantc upon Lender's writtcn dcmand to the
<br /> etnant;(iv)unless applicaBlc law provides othorwir,e, all Rent� colluctud by [.cndor rn•Lcnder's agents shall bc
<br /> applicd�irst to the costs nf taking cantrol af and managing tho Hrnpetty and colltxting tho Renu:. including. but
<br /> not limitad to, attorneys' fees, receivor's fces, premiums on roceivor's honds, repair and muintenance costs,
<br /> insunnce premiums, taxes, assessments and uther charges on tho Ptnperty, and then to the sums secured by the
<br /> Security Instrument;�t�)1.endzr, l,ender's ngents ar ary judicialiy uppoint�m,ceiver shuli be linble to uccuunt for �
<br /> only those Rcnts tirt;ially r�.eived; aixl (vi) L.e�xler shall bc entitltxt ro hsvc a reccivcr uppoittt_�d to take
<br /> possession of und roanage thc Property and collect thc Rents nnd pmfits deri�cd from tht Frnpeerty without any
<br /> shc�wing us to tha inadequacy uf the Pro{xrty as security. •
<br /> If the Rents of the Fkoperty are not suffici�;nt to cover d��co�ts of taking control of and managing the
<br /> Property and of collecting the Rents Any funds exgendod by I.endor fe�r such pu�poses shail become incl�b►odness
<br /> • of Bc�rcower to L.endcr secured by thc Security Inscrument pursunnt ta Unifi�rm Cavcnant 7.
<br /> Bormwer rcprcsents and warrants that Borrowcr h�not��xc�cuttxt sny prior assignmcnt of thc Rents+uxi h�s
<br /> not�tnd•�i+ill not ptrform nny oct that would pt�vcnt I.eixter fmm oxorcising its rights undor this p�ragt'�ph.
<br /> I,ander, or I,srder's agents or a Judiaially appointal're.cnjvor. sh�ll not bo ruquirod to enter upon. tefce
<br /> control of c►r maintn'sn the PmFxrty before or.uftc�r�giving notine af dufuult to &irrnwor. Nowcver, L:endcr,or
<br /> l.ender's agents or a�udicially appointed roceivr.r, mAy do so at any timo when a dnfault occurs. Any xpplic:s�tion
<br /> of Rents sh�ll�wt cure or waive any default or invalidate any otttar riGht�or remody of Lender.This wsignm�nt of
<br /> Rents of•ttW Propeny shxll terminute whcn a4 the sums saurd�•hy tt�o Socurity instniin�nt nre paid in full.
<br /> . 1.:��Rt)SS-UEFAULT PROVISION. Borrower's d�FaulU or brr.ach undnr uny notc or ag�cmcnt in which
<br /> I.ender has an intore�t sludl be u breac6 under tha S�.�curlty Instn►rn�nt and l.e�xlr.r muy invake nny of the remedics
<br /> perminod by the Security Instniment. •
<br />_ BY SIC3NING RELOW, Borro�ver acc�pts and ogrees ro ttto tenns and provisions cantained in this I-4
<br />_ FamUy.ltide�. �
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<br /> f (Seal) �,..,,._ .r..�.«_(Sca�)
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<br />.'., ��I ��p -Aottnxcr •Barrow•er
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<br /> IA J A'�'aD ..../ •Uorrowcr • -Harmwer
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<br /> ;} . Form•8170 3193
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