|
. ;,:... —� ��i�
<br /> �
<br /> _ -
<br /> .
<br /> ,� ,.....�..._...,.,:..,�u� --
<br /> � --� ,
<br /> ��._._ .. :.__.' .._.....__. - — — --— —
<br /> 98� �,c�s�
<br /> ��,�„�,�IG1ut1►�NT O�I.EASFS. U�xN► l.a►der's roquest,Bormwu shall assign to I.a�der all lea�s oi the
<br /> T��a�err�i:�J1. :,r.c��Ai�y d�x►sits mede in connection wi�h {e�ses of'the PropectX.llpon the�ssi�nment,La►der
<br /> s6�tt kaave��k�e rigl�u>naod]fy.exuead.a rw"�minue the existing le�ses and oa rx.rcu.r�ncw I�ases,in 1.cnder's a►lc
<br /> ct�scre�aa�,/.As usal in this�r,�,th�e word"lease"shall miart"s+riN�' if Ifi�Sxnrity lnstruma►t is on s
<br /> AC�oi�.
<br /> H. A.SSIGNMENT OF REN�I'!�i ���C�"A'M�DIT 0�' R�k:F�V�At� �.�IVQER 1T.�! R'OSSESS[ON.
<br /> , . .. • ns inii qsnabars a�.aa�x dR!6e namr;;,and reva�ae+("Rents")of tt►e
<br /> . . • •' }A�crowa+�ba�u�ely and unca►dition�llY+�sIB Barowa wthorir�s b�etuier or!.a►der's
<br /> � ' '. :�r�e�. rr�Rzcllar ot ta whom the�taats of the ProPc'xtY m R'��• it�e Rents to i�ter or Lr.n�t_*'s
<br /> �y, ��:r,�:�;,t,ihe Rrnu.�nd agrc�s drs�cach te�►anc of ene►rnaper�t}��aSu�tt w�r
<br /> • - ,��, � � ,
<br /> ,`:! � ,;,:� wu shAll recekvo t�t�:ti,Rents until(i)I.nndes�a�;�'�,,�in Boaower notice c�'dcfault pursuac►t ta
<br /> � ,•. y�ts.�'vji'4�� r.Borro ;,,
<br /> , .. , l,� Z i nf Ihe Securicy Ii�,wucc�,t aarA Cii)L.er�a t�g�ven u�,"r;i.�o the rau[►t(s)tAat It�Rents�re W bc
<br /> �id to 1..awk� a Lrndks's �e�ec. 'Ibis �sign�t of Ra►1s consstiwtes �m x�lute issignment ar►d na m
<br /> �t�, assigiurient fa addicional securitX on�t!''•';.� �,
<br /> . If Lrender S�ves notice of bre�ch scr I��ti�;rowa: (i)ill Raits reaivod by Boxm?'y�:��;:�?�11 be luc1���b��Barawv st
<br /> � trucyee[or d�e be,nefit ot Lra►da only.a�'��ap�pliod w die wms secsuod by the Satiw�u�+Tn.wut�;ruc;�;a)L�aida slall
<br /> � be w�tiod 10 cdbct md raxive all of z,he Reats ot the Propat5': (iii) BaxoM�r,��rees d�Ul�..s:p�+nt of d►e
<br /> � � ���lsder s wrine�n dan�nd�p the
<br /> p�ty s1�11 py sll Rents due�nd unPW1 to L�dtr a I.enda's agenu�pc�r:• ':', �
<br /> Lw provides ott►erw6aw;�Rrnts collocoed b�� LC�nG)�'or l.a�da's�ents sh�'iUU?�c ' .
<br /> w��(iY? W� �k cannol of and rt�8����!�CO�g d�e Rmu,includi�na,btt.�<<'i'� , . �'<.,
<br /> . �ppiied k�.r.�{'n, the c�sts of aking ��maintenancx oo�ls.9ns�uy7jyt-��,�i ,
<br /> IimilOA�P,rs�ucxncy� iocS.r:�»��'s f�=.F�"-''!!i��mc m reCeivGt°si�:r�1n�t, sDCt�tl.Q tile ;, ,
<br /> ., • p�niums.�bilcts,���otllu clurge5 on d1C Prqpecty 'S�ia•d•then Oc►the Sunts ,. Y ��' ' ���.
<br /> Insonrna��(�)l�r��t�s�gettts or u►y�ud�CW1Y�w�d t+ecuva sIW!l��ia'ate to fic�cauni for o n ly l�q b e '+r.;,.�;
<br /> vi I.ender shRll be aNi�d tn have a caxiva ap���`4�ctl:ite�•,�i�e.��� .�"' '�'��'.i'
<br /> . Re�us�wa1�Y �ived: and ( � Cts derivod ftom the Pro�put);. , ti�a Eu<<5' ' � !
<br /> . ,or,�,Re the R,opary,ne coltect ttie ttenn and pro . ,t;;, ' ��;�.:� .
<br /> iaxie�quacy ot die PeppatY ac socurie�, .`��. � �
<br /> If dre Raws of tbe Pr'o�atY a:e,rwm!w�ff'r.liprt to cover the costs of takit�g,control ii�:�►��li'm�usti�u�$:�t�e ��.�,'��
<br /> Propaty aod of cotloctin��Rents sny tuhfis exp�r�tisd bY l�der fa such purposes sha11 bec�rvr,k�debaedn�'SS of
<br /> B�.�,,,�t..,,,�..w�.�.�t hv�he 5ecurity Insauri��n^�ts�rsu�nt W Unifam Coventr►t 7. t af the Rea�ar+d lus
<br /> Harmrrar r�+��s��+�tAnts thM Barowes;�t not c�qeµted anY P��
<br /> aot aad rviL'aot perfartn any aa th�t woWd Pe+event l.e��dar fram r�iR;ncasing iu cights wider thi�paryr+ph• . ,.;
<br /> Lender,or La�der's�u or a j�H1icW1Y�p�inted cecawcr;,sfi�]t noe be ro4uirod uo enkr upoa,uke caouol �;1; �,'�
<br /> betae ar aflc grvin�no�c of de�i�u[e iio Bon�ower. I�Iowever,I�•oder,oc L,e�da's , �;
<br /> � of ar a�ai�wi�► ��Y v ma do ao at my time�R defaulo;roc�ws•AnY aPP�°�Reats . .
<br /> �ea�s�ar a�lic�Y��'0d ncei a, Y of L'Gn,:lct�'� ma�t o[Ra�t�af
<br /> smll not cue ar�raive aiy defau3a oS!nvd�dM�a^Y°�nBb't a ra�edY '' � �
<br /> Ibe Prope+ty t��°�tMh°n a1Q n�c-sva►s sectued by the Secu�itY�t are p�id in fult....
<br /> - I.CROB.S�DRFAULT PRt1VI�CDN. Aaior��a's dafani�: or brcacb� �a m�y �e��10 td�e
<br /> . „v6ic�i,�der iws an in�rest shill bt a bcesch�r�d�e ��'�
<br /> roneediea Pam��'thc SacattitY��� � � �;���ia tdis l-4��.n�;n i�y
<br /> HY B6L.OW.Barowa acoCp�s e&*e�c W tbe lams�d Prm'� , ,,
<br /> Rider �' .
<br /> ,, .
<br /> � _..(�) ��'.�1>�:.�,
<br /> �n �I, HO K� •Barower IZ]48ETli �A HOD1TiW�10ER -E«eower
<br /> _(�) _ ($ql)
<br /> . . _�...�.,.. _garowar
<br /> , •Borroret
<br /> ' ' ' ��`'�Itl 111��Nf�
<br /> �tiTi1P 1NQ41.Ot PaM�a�'7 . ,
<br /> �I. ,
<br /> • - � ... �
<br />
|