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r� �.�.4:�^ r;��;{;;+if5•'�M' ?`�•��C;S..�..r� •. .-. ._.__ ...... . _ ...__...... . . <br /> 'w!��4� ���"�_��%:�' . . �....._...... - <br /> . - -- ---- `Ili..._..._•-'-----�----- - <br /> .....-. .- --� - <br /> _._.____. .. .__ . --- <br /> _.-��--- - -- - - . <br /> _. . . . _._ ._ ._ . ._ __ . ..... ... .... ._......_ . <br /> 98-a.i;��oe <br /> C. ASSiGNMF.NT U��LEASFS. U�xm l.c�xicr's requcst,TSorro�+�cr sliuU assign m I.erxier ell leasr,of tht <br /> Property and nll security dcposite mwle in connectfon with Icuscs of tltc Aroperty. Upan the assignment, l.trxler <br /> shall have thc right to nxxlify,cxtend or trrmirwte tlic existing Ica�ccs and to cxccutc new Iceses, in I.ender's �Ic <br /> dihcrction. As usod in this paragraph Ci,the ward "Ic�Ee"ahall meun "sublense" if tlie Security Instn►mcnt is on <br /> a leasehold. <br /> H. ASSIGNMENT OF RENTS; APPOINTM�NT OF RECEIVEK; LENDFR IN POSSFSSIUN. <br /> f3cxrower�bsolulely a�xl u►�coixfltionally assigns and cr»MSfecs to L.ender nU ttr.+�rcnt�ancl revenuo�("Rents"'�06. <br /> r,i4,�h'►��perty, regazdkss o�' to whom the Rents of tha 1f"c�pe►.ca+ aee (1o:Yaa'►�e- ET�'s�'�rswer authorizes L.endtr o� <br /> l;endK�r,'s�gcntr.�tc�collect ttee Rents,and agroes tieat each eenaz►e�f tha Pr.oQeny,�Pa::��li:��y the Rents to Lencl�r or <br /> Leri,�'r's,�a��.m�:.!r�Qw�vrr,Borrower shaU rxeive the Rents untiE(ap P,�:mde�has gii•enl�nower noeia of default � <br /> �;�at;�innt�(�..�n:a��ph 210�i�?rn Security Instrument and Qe;}.'L,tntlar�}�:�:;,iVen nnti�c'r.rs aim�tetwnt(sP that the Rents <br /> �_:�•�p kf.+p�1c(:1�X,,dndC#':±.r. ,�;�r�cler's agent. This a�ssi��.�.r�_•nt.of Rrnt's constitutes p.�c a�b5�ilute assigrunent and nnt <br /> , . .,.. . <br /> n •t'g:;:.iftt��;.y.;:::��:t�:tirtty��;;�.. <br /> a���: r.m:.i:. ,. <br /> • � If[.entle,�s�i�vw nudl?c o's'���c�cb to Ef�wrrower:(�j�tt�l:l Rtnts receival by Burruwer s��atl't�;,1�iz9;1 by Bnrmwer <br /> �`••�, � as tn�sta tn���ti�r!t�encl5i:ui��.or�er a►ly�t�.5e applied 1�1�sums securcd by the Socuriry inst��::uneiit:(ii)Lenddt <br /> shall be entiNCcl��cc�lle4+i nnd�Stceive all qf the 12eflts�uf,�dhe Qroperty;(iiiD Bormw�er agrees thaCeacfi tenant of the <br /> Property stwll pay xll Ra�ts �.h1e ard unpaid to I.ende�' c;�Lender's agentx upon�r�'d�r's wrinen demand to the <br /> ten�nt; (iv)unless applicable law provides otherwisc, a11 Rcnts oollected by Lend{�r,or Lender'a agents shelt be <br /> applia!Tirst to the costs of taking �ntrol of end nuu�ing the Pcoperty and collexting the Rents, including.but <br /> not limitod tu, attorneys' fees, rcaiver's fees. prtmiums on raxiver's borids, npair and rruintnunce cats, <br /> i�uurana prcmiumc, taxes, as.sessments and othor chuges on the Pmperty, xnd then to the suma secured by the <br /> Security Tnstrument;(v)Lender,L.ender's agents or�ny judicially appointed tecei��er sh�ll be liable to sccount for <br /> anly those Rrnts actually ren:ived; and (vi) Lcrnler,:�slw11 be entided to hus�Y a roceiver oppointed to t�ke <br /> posscssion of uid n�e thc Property and cnllo¢t tlw����t���ts�ud p►nfits derivot3:from the Pruperty witt�out+mY <br /> � �•• showing as to tl�e imdequacy o1 ti�e P�opercy as securiiy. <br /> ,' If the Rents of th� Property a�e ►at s+►ffiGicm to Suver the coscs of wking concrol of�md nuunwging ►he <br /> . • .proQerty ud of oollecting the Rents sny funds eX�xnd�¢ca by l.enckc for such purposes shdl becoak indcblcdtxss <br /> ,;u•f'Aorrowcr to L.ender secui»d by the 5ecuriry Insttvm�c;r.t purswnt to Uniform Cove�nt 7. ' <br /> . i,,. <br /> " �3ormwer reprasentS,uhd w�urants that Bormwer haa not exexvted+uiy prior o�;�gnment of the Ra�tn and�t�ru <br /> noc and will not pert'orm any ect thnt wauW prcvent[.eirfe�from exen:ising its righa under this puagraph. ",ti. <br /> I.cncSer, or Le►der's agents or a judicislly appainted receiver, shall not be requirod to enter.upon. t�fcp <br /> oontrol of or maintain the Preperty before or after•giving �wtice of defwlt to Borcrwer. However,:i�ddr�:�,i� <br /> [.end�er's agars or r judicially q�pointed cooeiver. �y j�o so at any time whm a defwlt oocurs.Any�pplK�uiiWt <br /> of Renta sh�lbnot aurc or waive any dofault or inWalidai�ony otl�er right or�mody of Lt�Ykr.'lhi�asai�uneat of <br /> .'�;ii', Rents of the Property stull terminate when all tho•6ums•aecured by the Savriry Irouum�a�t�re p�6An;fu11. <br /> . ��, ;� i.CR06�DERAULT PROVI310N.Borrower's default or braid�undar any note or agrees�rnt in whid► <br /> , • ;�,,ynder h�s sn interrsc shall}�a q breach under the SeSUriry Instrumait and l.ender maY invdce any ot the nemedias <br /> ' .i` r,i�itted the Sawrit ����ru�ent. ,. ' �� <br /> ,. 1�� bY y �•:::. �� <br /> 1'.; .�.��Y SIGNING BEL�');�'.�Borruwer accepts s��},�i�rxs ro the temu and provisivns co+',tained in this�;,���,' ; <br /> „ 4. �:. <br /> � . ' 1;�:���i <br /> �.; . ���'�ltiil e[, ,,•, ;; <br /> /; .�; � _.� <br /> ... . .l' , • <br /> S�r71C'�� <br /> � TIII PU •eorm�er <br /> +"�` :� . -Dc�f v.ex <br /> na1..,. <br /> :�t.„ "c:�. <br /> , �/ ;�.•,.; •..., (Sex!) (S�ul) <br /> ♦ <br /> , , -Aormwer' , �;�1"� <br /> • . • , <br /> �� � ' ' <br /> � � �. �. . . J. . <br /> . . �I, 1•i. <br /> (.r,, ' ;j'r • <br /> �' � ' . • <br /> � � ,�; , Fa�w�A'i�Qr.�3 <br /> � � �, '. , . . . <br /> �'•' � . �� . . <br /> r , , , <br /> • <br /> � ._ _.._.__ .____ . _ . . . . ' <br /> . _._ ._... . .. . . ... . . _ .. . ._.___ <br />