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<br />_,,,;,���;'if� ti.ASSIGNMEN'T OF LFAS�.4. Upon Lendu's roquesl�Barcowcr shull ts.gign W L.cnder�ll k,ates of Iho • _
<br /> ' p ro p e Ay a n d a ll socurity d e p o sits m�dc in connoction with {ea�es of U►a Rax�tY. Upon tl�c�ssignmcnt.Lendcr
<br /> � '. sfuU luvo the right W rm�d�tY�exlend or tamin�e tho exisdng k�s aixl to cxecuto new lease.4.in[.c n d u's so le :;
<br />=''� discretlon.As usod in thts piu�gr�ph Q.thc word "kase" ahall mcau� "sublcase"it U►e Sxurity inswmcrtt is on e "�,..
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<br /> L H. ASSIGNMENT Q� RENTS; APPOINTR'�EJHT UF RECEIVERi LBNDF.R IN POSSFSSION.
<br />- . Bocmwer�olu�ely a�x7 unca�dluo�Wly auig�s�nd m�nstesro a Lende all�he rrne��nd rovenues f'Rents")of�he �� �
<br /> ' propexty,cegardkss of w whom the Renu of the Fa�rtY aro MYabb. Barowu autbaiz�cs I.cnder or I�rider's �-
<br /> . �gents to collect the Rents�and aBroes 1h�t eACh t�en�nt��thc PropatY shall Pa9�he Rents w l..cnder or I.cnda's -
<br /> ;, .,' �genu.I�owever,l6urtower sh�U rocelve the Items until(i)1.eMfer 1►a�given Ba�rowa notice of default pursuant to =
<br /> -.; 21 of the Socuriry Instruma�t md(ii)I.en�lec has given notice u�the ten�c►t(e)th�t trie Renis are to be --
<br />=:� '' " �w�I.ender ar Ler�da's �gen� 'I1�is wig�man of Ra►u constiwte.+an nbsoluk a�sig�ment end not an �
<br />- tssignment[or additional socwriry anly.
<br />- If l,ender gives rwtice of bteach w Barower:(i)dl Rents rocelvod by Botrower s1�U 6e held by Borrowa as
<br /> � . �. tn►.stoe for the benefit of L�ender only.to be�ppliod W the sums socured by the Sxority Instrumec�t;(�i?��ahall
<br /> be cndtled w cotlxt and roceive �ll of thc Rents of the Pmpaty: (�i) Bo�sower�gras th�t cach te�tu►t of the
<br /> . ..,� p�p�y shail WY sll Rents due and unpud to i.cr+dex or I.endet's�gents upon l,el�da's wririan danatid tn the
<br />- : . .�, , Iatan4 (iv) nnless+pPlicabk law pcovides ott�wltre. �ll Retils wqoc�bYol.endcx the R�ts,incl�uding,bul not
<br /> t.�:ti..., �PPlied first to the c�os�s of Wring control of and mnnnging t!►e Pro�atY end m�►t�aunoe costs.insur�nco
<br /> ' limiad to.atwmeYs' fas.roceivub foes�Praniums on roceiver's bonds.repau
<br />�'''�°� iums�taxes. aa�essma►t�and ott�a charges on the PropatY�and thai t�o the sum4 saw�ed by the Security —
<br /> j�:;`;�...;;,�. . P� intal roaivu shall bc llabk t,o�ccoont for only those
<br /> insaument;(�)I.e�d��u��s 88atu or any judici�IlY�PPo
<br />;'�r�,.���t. Rems�ctwllY reaivod�ancl(vi) Lender shaU be enutkd tn have a ixeiva appointod w Wce pos.oessZon of�nd
<br /> ���t=•�?�,�'� marnge the PropatY �nd couece the Kents and pvru�.�iv��slsz Re�; �:'.�!*-"-"y ,�how�ng as m the
<br />}il�:•�5.��''�
<br /> _�_,?,�,;� inadeqwcy of the Propa�Y a�seauity.
<br /> 8'��'= '� ff tao Rarta of the PcopatY r�e rat suffxknt �o covcr the casts of takin8 conu�nl of ond mm�gin8 the
<br /> __::-'�`� p�v Q o�t,�and of colbcting the Ra�u�ny funds eupended by Lenclor fa such pwposes alull bocamo indebtode�ess ot
<br /> � Sonowrr w L,enda securod by�he Socudey Instnunenc pursuanc a U�i fam C o v e n m c 7. t of ihn Rente and ha�
<br />-�:�� Barowa represents and wmc�nts Unt Borrowu ha4 not exxutcd anY Prior assi8�a►
<br />- ____-— �w:,uxi w8t nai�faztt�st;�t�h*!wa�kl�xeve�t I.enclei imm taeacising its righb utda thls p�c�gr�ph. -
<br /> — — L�ender.a[�endu�s�6a►ts a a�ud�c�aUy appomtod mceiver.st�aU not be roquirod w enl�ar upan�takc conud
<br /> �-----�— of a mair►nin the PropertY before a atlor giving notice of default to Bamower.Hor+e�ver�Lendac.or 1�e+ida*�e r
<br /> _�,.'�"—=—�•�' ugenu a s�jodici�lly�ppointad raxiver�may do so a[ny time when s defautt oosura.Any applic�don of Rent�
<br /> -- st�all not cuca ar waive my defwlt a invalldate ony othu right a remody of Lender.'lt►is acsiBnment of Renls ot M-
<br />�--°-- �he property st�ll taminete wha�sll tha sums securod by the Socurity Insttumeet are p�id in tull. �
<br /> —�--__ _= I.CR�DE�Amt�erest shall bet brexh Bundcr the Securitytinswnx:nt L.a�der may invake��o�the
<br /> w,}���r eres
<br /> __��— , remalies pamiuod bY the Security InswmenG
<br /> _-- BY SIGNIII(i BBLOW.Bortowu acc�Pts and agc°es to ihc uxms and pmvisions connined in this 1-4 Fmily
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<br /> ����= (Seal) � `/�L�JC_ (Sdq
<br /> T— ��c \ DARLA L BESD -Barower
<br /> '� DAV2D A SEED -Bortow�er
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