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<br /> (i.ASS[GNMFN'f OF LEASES. Utx►n L�cr�der'a roqucs�,6orrower sh�ll ac.sign to Lender tll kas�a oE thc
<br /> pnypatY�nd�il exurity deposiu n��do In connoction wNh k,s�es of tha Property. Upon the�saiQnmcr►t,l�ender
<br /> aluill hRVe tho right to modify�extced or terminate ihe eaiaUna k�ea�nd w oxocuta new{caaa.in Lu�der's eolo
<br /> Qi�cretion. A�uee�d in thi�p�ngry►h d,thc word"k.ise" atatl mean "eublase" if the�uocurity Inawment ia on•
<br /> buehoW,
<br /> H. A39IQNMP.'NT UF RFNTSi APPOINTMBNT OF REC�IVF.IF; �.ENDER IN POSSESSION.
<br /> Eatnwrr�b�oluloly Nnd unconditbn�ily aasl{nr and t�uisfon tc►i.ender�U tho�+ent�md roveuues("Renu")of the
<br /> proQ�tY�r�e{udlw ot to whom tho Ratte of tho ProP�+tiY �WY�b, Bormwu �uthcxlzes Lender a l.endec'a
<br /> yaw w oolfoct�he Raiu��nd�reer that e�ch teriant of tha Prc�ertY�P�Y tho Rtt�u to l.ender a T.ender's
<br /> �u.}�wevex,8oaower�tWl rocelve�he Ra�u unW(1)I.a�da has siden Barrowa nodoe of def�,lc Iwrsw�nc a
<br /> p�ph 21 of the Sc�:udiy Inauument�nd(i�)Le�-�der h�s givu�txtticc W the tuunt(s)Ihat tl:e Rents aro to bo
<br /> pdd ta i,qrder or I.aukr'a �ga►G 'lhis ac+lgnment of Renta constipnea an absoluee�ssignment and not an
<br /> assignmrnt fa additjon�l xcurlry only.
<br /> If I.e�der$ives notico of breach to Bocrowu:(i)a!l Rents recelved by Barowu shall be tuld by Borrower as
<br /> austoc for tho benefit of Lenda anly.b be applied to the sunu securcd by the Socurity Inswment;(ii)Londer stWl
<br /> be a,p�kd a collec�and receivo all of�he Renu of�he Propaey: (ill) Bamwer�groes thst exh tenant of the
<br />. PropatY aiuU PaY all Rents dua end unpaid w Lenda a I.ender'a agu�t�upon LaiQe�r's wrivai de,�rw►id to the
<br /> tau�nt; (iv) unkss�PP1lcabk law pcovides orheswise.�ll Rents colbeted by I.enda or Lusda's agents shall be
<br /> ' ipplied fust W the costa of uking conorol of uid managing the Propaty�nd col{ecting the Rente,includL�g,but not
<br /> llmitod to.Atqrneys' foes.receiva's focs,pcemiwns on ceceiver's bonds,repair and maintenance eosta,ins�uAnce
<br /> praniums. nxes.assess�na�ts and odia charges on �he Propaty.and then w the sums sxucod by the Socurity
<br /> � �M ���........».. .. L�e110 o ,w��vx c �1 M ��Islp tn�.rr.c�mt fix�ly thctse
<br /> , I►uuwu'a�M t j � 0..6.......,r^.ssy j�-d—f--�,..g�ls:i�1.___i.��!1 L_ L..
<br /> Rmts�ewally reaivod; and (vi) Lender sl�all be endtkd to have a coceiver appoinud to take posseuion of and
<br /> tnanego th�Froge�cy P�d colloct the Rents and profitt da�ived from the Properly without any showinq os fn the
<br /> insdequ�cy of ttie ProQercy as socuriry.
<br /> .''r, If d�c Rr.nts of tne Propaty are not sufficknt W cova the costs of roking conuol of aad m�naging the
<br /> `; property and of collocting the Rems any fi►nds expendod by I.erxkr fa such purpo9a shall bocome indebtedness of
<br /> . Bamwec to L,o�der socured by the Sociuity Instrument pursaar►t to Unifc�m Covenant7.
<br /> `.� Bomowa t+epresents sind wurmts d�at Borrower has not executod anY Prior sssi�gntnt�t of the RenW and Iws
<br /> not�nd will not paform any act thut wauld yrevent 1..ender from eaercising its rights undei this parAgraph.
<br /> '''; Irenda,or Lenda's agente a�a judic.ially appointed receiva�ahall not bo roquircd w enta upon.taka control
<br /> .��' of a rrwintain the PropatY before ar after giving nodce of default to Barower. However. L,ec�der,a I,ender'a
<br /> �� �gents or a judiciplly appointod receiva.may do so at any timo wtx.�a de[ault occurs.My eppljcstlon of Ra�ts
<br /> �;�j sh�ll not cun a waive u►y default a i.nvalidate any otha right a remedy of I.e�der.Ttiia assignment of Rent�of
<br /> :��.; the Prnpercy shall terminate wtrcn all the siuns sccured by the Socurity Instrument are paid in fuli.
<br /> :•� I.CROSS-DEFAULT PROVISION. Borcowa's ckfauit or breach unda any note or agreement in
<br /> which I,enda ha�an interest ahall be a breach undar ths Sxurlty Instrument and Lender may invoke any of the
<br /> - nmediGy pamia�d by the Security Instr�ment
<br /> BY SIGA1INti AELOW,Ba�rower accepts and agrow to the texms and pcovisions conudn�d in this 1-4 FamUy
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<br /> DANNY K 0 RC3 _g�ow AITH A OHFs'RG •8ocro�er
<br /> ,; , (Seal) (Sea1)
<br /> -Borrower •Hortower
<br /> �•b7 (Y70y.01 Pay�2 of 2 710f11'�J116�l0�
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