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<br /> C. A4.ti1CN111ENT OF I.I:A�5F:�. UJx�n L.e�xicr's rcque,t, Horrnwe-r,h:�ll u�9irn t�i Lcndcr all Icases uf thc
<br /> Propeny urxi ull securi�y deposit�nwde in conrxction with leyses of ihe Property. Upon ihe�cignment, l.ender
<br /> shall have thc right to nx�dify,cxtenci�ir tenninatc thc existing lcascs und to exccute new leuscs, in L.crxier's sole
<br /> discretion, As ubeci in tMs paragraph G, the ward•'leasc"shall nku.n"sublease" if the Securiry Instn�ment is on
<br /> o Icauh��id.
<br /> H. ASSIGNMENT OF RENTS; APE'OINTMENT OF R�CEIVERt LENDER !N P0.�SFSSION.
<br /> B�irrower absulutcly and un�rnditionally nssigns und transfcra to Letxlcr all tho rcnts iuxl revenues("Rettt9") af
<br /> tho Pmperty, rcgardle�s of to whom tho Rents of the Propeny are payablc. Botrower authorius Lr,ncicr or
<br /> Lender'�agents to coll�et tho Rents,and c�grces that etoch tenant of the Property shall pay thc Rente to L.endcr ar
<br /> Lcndcr's agents. However,Horrowor stixll receivo the Rents until(1)Lender hus given Harrower notfae af dcfeult
<br /> pursuant to paragraph 21 of the Securlty instmnxnt and(ii)Ltnder has givon notice to tha tena�u(s)that the Rants
<br /> ue ta be paid to Lender or Lender's agcnt.Thih assignment of Rents constiwta an absolute assigntr�nt and not
<br /> �n auignment tor additiona�security unly.
<br /> If Ler�dcr gives notice of brzach to I3orrowzr: (if all Rentc received by Bunx�wer shull he held by Borrower
<br /> �s trustee for tix bonetit af L.cnder only. to bc applied to the sums securod by the Security Instrument;(ii)L.ender
<br /> shall be entitled to collocc and reaive all of the Rents of the Property;(iii)Borrower egroes that each tenant of the
<br /> Prc►perty shall pay all Renes due and unpaid tu Lcndcr ar Ixnder's agents upon L,endtr's written denwtxl to the
<br /> lenant; (iv) unless applicnble lew provides ahervvise, all Rents collected by Lencler ur Lender's agents shdl be
<br /> epplied first to tho rnsts af taking control of und menaging the Propeny smd collecd�g the Rmts,including,but
<br /> not limited to, attomeys' fixs, receiver's fecs, pnmiums on receiver's bonds, npair and maintenanct costs,
<br /> insuran��e prcmivau, taxes, assessments arxf other chugec on the Property,oncl then to the sums isecured by the
<br /> Socurity Instrument;(v)Ixnder,Lcnder's agents or any judicially appointed receiver shall be Uabfe to acrount fur
<br /> only thuse Rrnts actually roceivad; arxi (vi) Lender shall be entitied ta have a rectiiver appointod to take
<br /> possession of anci rnanage the Property and collxt the Rents:tnd pro6ts dcrivod from the Property without�ny
<br /> 1so•�ing w to ttsa in�laqasc;of thc Prrs�rs;�.:�urity.
<br /> If the Rents of the Propeny ure not sufficient to cover the costs of taking control of and managing the
<br /> Propony and uf collocting the Rents any funds expendod by Lender for such purposes shsll beoome indebtednesa
<br /> of Bormwer ta Lerxier securod by the Security Instrutnent pur�uant to Uniform Coverunt 7.
<br /> Borrower repnxents and wnrt�ants that 8arrower has nat exocuted an��prior aseignmet�t of the Rente�and ltas
<br /> not anct will not parfotm Any act that would prevent I.endcr from exercising its rights under thia paragraph,
<br /> ' I.ender, or I.ender's agants or a judicially appointed receiver, shall not be requircd to enter qpnn, ttke
<br /> mntrol of or m�intain the Property before or after givin� ncNice of defsull ta Borrower. However, Lender, or
<br /> Lender's agents or a judicially appointod receiver,may do so at any timt whbn a default oocurs. My applicatioo
<br /> • of Rrnts sfwll nut curc or waivc any dcfault or im�liduto any oth�r right or te�ttedy of Lerdcr.This assignment of
<br /> Rents of the Property`slwll terminatc whcn all the sums securoci by the Socurit�r lnstriment arc paid in full.
<br /> ' I. CRU6.S-D�F'AUI.T PRIJViSION.Borrowu's default or breach under any note or agrcenxnt in which
<br /> Lendcr�tas an intec+est sl�all be a brcach urxicr the Securiry Instr�►t�ent nnd Lkncier may invoke any of the rcmaiiss
<br />- perm�t�ed by the Securiry Instn,ment. ' . •
<br /> ' � BY SIGNING BELOW, Borrower acecpts and agrces to the terms aad provisions cantained in this 1-4
<br /> . . Family R' r. .
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<br />_ -Bornower ••Dortowcr
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<br />�- J A A BOf!! .��W«
<br /> -Borrower
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<br />- Fam 3170 9l93 .
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