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<br />�,: �.` < :-�;� G.ASSIGIV�EN'P OF LEASFS•Upon l.ender's re�uest,Bonower shall assign w L�ender all te�ases of�e --
<br /> •.�: -� a �:_
<br /> � �'�,.�,--�' Froperty aad aIl secusiry deposits made in wnneaian witb leases of the Propercy. Upoa the asnignmeat,I ender ,<. �:::
<br /> ,„v:<. :`�;�-� shall have�the rigM ta madifjt•eue¢d or termiaate the existia8 leases and co exerute n�w teases.ia Lender's sflIe _ :�.:
<br /> ';� , disctetioa.As use�in sLis p2tagrapfl G.the arord"tease"shall meaa"sablease'•it the Seeariry Iast�ent u on
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<br /> a leaseho2d. OF RECENE� LE:PIIDER IN FOS�ESSgOPl. -
<br /> ,, <. : ::.. }y, - � ASSIGNIVffi►IT OF REN'i�i APPO�NTM�'r _
<br /> :.-.r.`..�....;=, ,.� • Bormwer absoIutely aad muoaditioaalty es9iSas aad t�fe�s to Lender all the rents�d reveaues("Reats")of F_ -
<br />. � _<:: ;. � the pm etty. � of to whom tfle Rents af the PropertY aie paYsble. Borrowes a�uhori�es Leader or E:.:-
<br /> :�'-�?°,.�� :.4'," Lmder's agents to aaltect the Rems.�d ag�ees that eac6 teaant of the properry sball pay the Rents to Lender or
<br />: a. : . .� r. .,y. ..
<br /> .� �; • .�s%� :�`` � l�nder's ageec�tts.However,Bo:roa�er sball receiv�the Rr.�us untll(i1� aoti�w teoantt�thattize Rents
<br /> _ ' P�su�t tg�tagrapb 21 of the Secarltyr Insuumen�and f i��Lender has�v aad not -
<br /> � . arz w i��3 to Leader or L�der's ageat. 'C6is assi�t af Re�fs coastia�tes aa absol�e assignmrat
<br /> ::��� , aa assiguiuent,for addidaaal seauitY arilY- sUatl be I�eld Bormwer
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<br /> . ``• �If Leader Sives aoticx of brrach w Barmwec(y all Rents r�ceive�bY Bonawer BY �
<br /> _I,.�,4: ::<K;:;� . as uustee for the benefit of l�ender anly,to be appli�ta the s�a s�by the Seauity+Insauanent;(i�1�nder —
<br /> sha11 be eatitled w coltect and zeaive aII of the Rents of the pmpxrtY;f�7 Borrower tigi�ees that eact�te�aat of tbe
<br /> -- -_:.�,�`.�:,::�' pioperty sI�a11 pay aII Reats due aad unPaid to Le�der or I.ender's ager�upon Iender's vvrium Qtmaad to the
<br /> :� • , � '' :t�`:�� tenani: (i�►)nniess applicabts 7a�v provides oti�rovlse. all R�ts callecte�Dy L.eader or i+eada's ag�ts shall be
<br /> � f,;..; ..=. '. � � �d collect�ng tite Rents.includiap,but --
<br /> ,�,,.:. . ....,
<br /> . .�•.. , applied 5rst ta the co�s+af takvsg camml of�d m�n8 �P�Y
<br /> ��,�� npt limised w, auomeps'.fees. rec�iver's fers. Psemiums on teceiqer's bmtds, :�air aad mainteaance costs.
<br /> :.'. .`.� ::�, �y.�y������a�ts an�other diarges oa the Propeny,aa�then to the swmis seQUed by the
<br /> ��.=•:=.�v-�.��`=:� S y�,t�;(a)�•ucder�s ag�ts ar any judicialtY aPPoi�ed receiver sball be liab2e tn accatmt for
<br /> . ,.,�; � reoeiv�l; �d (v� I�� shaU be .e�stided m i�ave a�eceiver appoint�d ta take �
<br /> ;ani� r�nsc R�ts actuallY
<br /> . . . .;:�:,..�: ,:�gn of and manage the Frop�ty aad ca1�s�the Rents and proSts.derived from the Property witt�out anp , .
<br /> .:.,.;- shorv�,�ac io t b e i a a dequacy of the F c o p e rt 3►as seauiry. .
<br /> , . `';r's::� If�e.Reats of the�roperty�aot saffident to cover the c�sts of takin$control of and mr�;iq�S�e � -
<br /> � . . � property aad�of oollecting the Re�ts anY fiuWs e�P����for such purposes sbaII 6eoume indebi�ctness , .
<br /> ''•' of Bonvwer to T.e�er sea�ced bY the 5�a�i1Y lnsuum�p°�t w Uniform Covenant 7.
<br /> �,`���?.•���', Bortawer repr�?�warraats that Boa�wer has not�ceamd anY?�r assi�m�nt of ths Re�s�nd 9as
<br /> . .;{;a.`�` . ' acc thaz wo�d piev�at ff.ender from exentising��nndet tbis p��:
<br /> -.�• �ot attd ca�1 n�t perfom��Y w enter up6n, take
<br /> ot
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<br /> ` ��, ar I�d�'s ageats ar a judiciaUyappoi�ted receiver. shalt.�st��be requirec!
<br /> . ' conual o�r or maincaa the FroPe�ty before or afcer�vin8 natice of d�ilt to Bosrawer. However, I�eader.or
<br /> _�--_ - �:= I�uder'8�o=af�1Y��'ver.�3'do so at any time when a def�stt acc�s•AaY ePPlicazioa
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<br /> • ;, f.u��...� o f R e a t s s h a l l n o t c a i e a H rwaive a a y default or invalidate aa3►other right nr remEdy of Lea�er.Thic assignment of
<br /> Reau of the Ptaperty a n a i d i n f u U. � .
<br /> .. .•:�� ahaU terminaze vrAen all the s�ms sesured bY the S�uri�y II�n�� p ment in whiCb
<br /> • � I.CROSS-DEFA[JLT pROVISION.BoTmwer's dofault or brcac�un�aay nate or agree
<br /> ' , . : ' . Lender has an interest sball be a breacl�uader the Sec�iry tnsaument and 1.e4dzc maY im�+��Y of the remedies -
<br /> '��,.`f; , �._� �.�� ' Fe�itted b�r the Se�urIty►Insttument. . ,
<br /> . .. 8 �SltiNtNG BELOW. Boirower accepu aad agtees to the terms s�tszovisiaas cansaine�ia tt�is i�3
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<br /> • . � S • ,� -8ortoaes APOLIL131R GONZALES Bor�ower `
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<br /> � -Bonuwer -Bomower . . _
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