|
:
<br /> :..
<br /> ;�;�. �.::•.:• ,
<br /> .: �n.^ 4
<br /> .
<br /> �... ,......w're U . i'-•.
<br /> ..-. L. .� :�-�'':..... . . _.. _.
<br /> � - . ... „- ..
<br /> . : � ..
<br /> � ... ''_�...-...'___'
<br /> 7�LfMM�ALwFN1M1ENlflfll�l'!)1...,.� . � _
<br /> ..._. . _... ._. .._ .._.
<br /> ._._. __. ...._. ..
<br /> __..._.... _ ... ... .........__ .. . . . _. . -
<br /> ; gg_ i(�.549
<br /> G, AS.SIGNMF.AJT OF GEASE�. Upon Ler�der's rcquat, Barrower shdl a5�ign tv Lcnckr �II le�ses af che
<br /> Propeay �nd all seeuriry deposits made in connection wi�h leases of tha Propeny. Upon�he assignment, L,ender
<br /> shdl h�ve the rishc tu modify,extend or ter�o.inue tbe existing leues and to executa new lases, in Lender's sole
<br /> discretlon.As used in this puagraph G.zt�e wocd"tea�sa"sh�ll man"sublcasc" if the Sauriry Instn►ment is on
<br /> a Ieasehold.
<br /> �. AS�IGI�F.1�iT AF ItE1�1TS: AP!'UIIV'!'�f�f�P�' OF RECEIVER; L�:ND�ER I[� PUS.�E.SS�11?N-
<br /> Boirawer absm�uut�r wd eencondition�l�y assiqns aud ivaesfers to L,ender�ll the cauu�a�d KMeeu.es C.�.Rents")of
<br /> che ProQeieg. retard{est of to wboru the Raus of We Property an payable. Bortorwer au�tho�r.iacs I,eade� or
<br /> u.�naer's a�eu�s ro cvii�a.z ior R�++�. :++�,:���sµ,«r::.�:.~:c:ef rh,.t��.rnv chall napt6re Rma to Lender or
<br /> l,e,r�kr's�gtn.�.Hawx1tr,&^.:rowa shall rxeive�.�s L?%f:�►�atil(i) L�dCr h:t givca Bortowa notice of ckfault
<br /> putsuaat to pu�raph 2i of tht Securiry Inutumeat and(ae1:T..c�d�er ha�givea naice w cl�ciea�nt(s)th�t�he Raus
<br /> are to be ptid t�l.ender or L,ender's ager�t. 'Ihis auignm���n•ai,Rwts oon�uituta u��::°,;r!ute�ssiaaa�eat md not
<br /> aa aui�c►t ffoe additional secueity on[y• '. '� . , � t .
<br /> If L.eader gira notice of bresch to Bomower:(i)all•1�3iu!reckiv;;��ay Eorru�wer:�tl.�ll '�e(arc:ri��r sorrower
<br /> a9 tcustee for tbe bwefit of I.ender only,co be�plied¢a uF;��sums secured by the Scraris;s}•In�t�i�cre�'i;,.tii)I.eadGx.:
<br /> �1mat1 bG auide�d ro oolloct amd reaive all of the Reau a£U:�e Propeny;(iii)Borrower va�as t�t qi��nc of N�H:
<br /> ��*ope�ty slu�l! p�y all Reats due oad uopaid to i.ender or l.ader's a�eats upon Lrader'�wriue�M��e'�vnd w the
<br /> �en�nr, (iv)ualeu applicable law pmvid�s n��!iyrwise. �ll Rencs collceted by Lencfcr or Lender's�1,�u sl�ull be
<br /> a�pplied fiRt ta«l►ee coits of taking caurQ��;,.t apd mana�a�g tl�e Pcoperty uid collxtla� the Renu;,ir�eludin�.but
<br /> ' aavl limited to, utomeys' foa, reoeivtir`3,�fees, promi��,ns o�a nxeiver's boad�. rep�ir�od maiateaaoc� cats.
<br />- i. . .o....ee a t�rhrr rhar�tc [ip thE Pt�OQC[iV. �IbGI IO IbE SWRi SCCl1fCd �IjlG
<br /> iu�w 1Yri.c yicsTu�iff'S�t:n.�'.....'..SC.r,.•'...._..... .-`�'_
<br /> Socuriry Iautument;(v)L.eader, L.eader's,�reacs or�ny judici�llY appointed raxiver shall bc Il�ble to acco�nt for
<br /> oaly tlwae R�ut actualty raxivod� aac��(i�•.i� I.aKkr shall he entided to hava a reaiver�qpeinted w Wce
<br /> - .. possasaa of �s,,];nauuge the Propercy and wlloct the Reau and pmfits derival f[o� tde Propeity withoWt�Y ,�
<br />_ showing u to tlk in�dequrcy of�he Property u securicy.
<br />- If[be Rea�s of the P�q►erry ace noc suffiCieat lrt4�n��er [he cosu of[aking coeerol of ood mao�ging.3�.
<br /> Prope+tY aod of ooUectin�tbe Ra►u any funds expt�idl�a�C�lxnder for such pucpo�a s�ll bxom�indebtedries�a
<br />� , of Bnrtowa to L«�dex xcund by the Sa���ns!1�Ibscrunsienr:pursuane cm�unlForm Covea+me 1. .:. �
<br /> Boarnwrr repre�eats aod vyu�r�nts tbsr�i�o;-,r�ir��ihai'dot exxuted any pr'snr assi�a=a�c af«tine IR�xiws aod�n
<br /> aot aod wrill not patocm any sct thu woti�d�;sa*'e�c�1l.2�ni)�a from exet+cisinQ its d�ltts pt�sla th�.i�oartngriph•
<br /> L.ende�c. or I..evder's ueats or a j�6dac�?�U,Ay,'a���,,�ihteit receiver� sb�all not b�e.'`ceci�vitodl.,u�� Rmer upoo. t�ke
<br /> oontrol of or m�intaia�he PropatY befdr��oi attei•givi;?�t nocice of def'ault to�:�o�++++a:i1�9��. �• o�
<br /> _ l,rnder's�ents or a judicWly appointed�zectiva.may do so xt any time whai a cle'ia�txc:ias_ ,Q:ny�PPii�tion.
<br /> - of Raus shal! aot cure or wave ony defwlt or inv�lidate auiy other right or mnedy�t,�'.�'��1���h�+�f��of `;�
<br /> ,,..:,
<br /> �
<br /> Rents of tbe Frope:ty sh�lt tanninate wt�en�1[�he sums�ecured by the Security la�m�t^.y�;a�p��in fu1L ,,.s
<br /> * I. CR06S�DEFAULT PAOVLSIOi�. Borrower's.rlefwlt or bre�cb undu oua���a or�in r►fiich .
<br /> � ;':t�n�ler 6a+an intereat shalt be a breach under the Secur)ry Ynstiument and Lrnder�y invoke my of the cemedia �; �>.,,
<br /> i`��ermitted by the Sauriry Iasdcwrxac. �`� .
<br /> �" � ,��.'`: BY SIGNING BEi.OW. Borrower �ccxp[s u�d �8noes to dio terteis u�d provisiaa oonti�ti�ed in this 1-4 ,
<br /> ,,�,. . ' `.r"nIDily RIdCt- • �
<br /> :�, �. � � _ .� � �� .�:
<br />•Yl� . ���c����� � a.. �JGiI� '1'.A
<br /> '� acwa
<br /> / ltICyWCL x Gl►gR�7�7� •aorrow�r p�LOf�'E5 K GARRETT AKA AEE K GRRA�nTiKr
<br /> '�,..,
<br /> (SaDf� . (s'eal)
<br /> :l •Bocrower -Narrower
<br /> :� �� •
<br /> ,:�� ,
<br /> •,
<br /> ��.� • .. � � .67 ieao+i.o� . �.w2 a: , �3i7��1'��. , _ ,t`
<br /> t}� �; , ;�
<br /> �;. . .
<br /> �.; ,
<br />
|