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,- .. . � ,�r-, � . _ ..._-- <br /> ..... . , - - -- - -- <br /> ;����,a,:.. -____.,�,:,:���.�,�.fi,. <br /> .. .. .. . . _� <br /> ,�,�.. _.__.. .. _ _ ___ - <br /> 98_ �,11'�719 <br /> (i.ABSIGNMIP.NT UP LBA��B.Upan Lrnder'�tequo��,Elorrower th�ll+�ul�n to I.enAcr e11 lwe�oP the <br /> pn�tnY�nd a11�curity depcaiu m�de 1n oonnxtian wlth lauoa of the Property. Upon tt�o auijnment. I.erxfer <br /> �h�l!h�ve the N�fit to madity.extend or termin�to tho exlctin�to�uea�►t�d to eaocuta new lcue�,in Lender'�safo <br /> biut�tioa. Ae ufal in thi�p�r�ny�h Q�the wa[d"lwo"�l��ll me�n"�ubleuo"If tho Sxu�ity in�trument I�on <br /> •le�ihold. <br /> H• ASS1CiNMRN'I' OF RRN'M.ii Af�POAV'lA'lENT OF RRrCRIVER; I.�IVDER IN P03SE3510N. <br /> Borrovver�boolutcly u�d unoonditian�lly+wi�u u�d tnuufcn to l.a�der all tho e�ans uW rovenua("Renu") of <br /> the proQmty. ceja�+dla� of ta whom the Renu of tbo Pnoperty �e+e p�Ynblo. 8omawer �uthodze� Lender or <br /> 1,mder's�geau to collxt tbe Rent�,atd�gt+ew that e�ctt ten�nt of the Propetty ahall p�y the Rents to I.ander or <br /> I.eoder'��t�.However.Barrowe��h�ll�+axlvo the Reau uatil <i)L�ender h�s given�orrowcr notice of default <br /> punwnt ta pu�raph 21 of ttio 9ocudty Instn�ma�t and(�3J��r hiu�iven notia uo+cM r,ea�a�t�At the Rems <br /> ue to bo pald to L�a�der or Lender'��eat.'Ihis�msi�m�alic of Rents constirotea an:ab�crl:utc a�jq�m�ent and not <br /> oa aaai�,ament far additlaaal aecurlry oaly. <br /> If Araa�dtr�va notix of bre�ch to Boirowa: (i)a11 Renu reoei�rod b�r 8ocmwar slu�il be!�d 4y Borrowec <br /> as c�cu�c�e far t6�e baaeRt of Lrender only.to be�pplied to tbe aums�ecurod bx the Securiry Iauewaeac:(ii)Lander <br /> slr�!!tre eu�itle�co cetlt�ss emd e�ees3ve�A o��e Reatr of the Pmpeny:fai?8orm�er�rees thu aidi tkamt of tbe <br /> proputy sb�U pa�r all Res�ts due aad unpaim to l�e�xkr a l.eoder'i aaa�u u�oa 1�'a wriaen demmd to tbe <br /> tc�►t; (iv)udas�pplic�bk larr poorides atbaM►ise�aQ Reaa oolleaod by l.eader or 1�eMer's�aw�IWI be <br /> applbd fust w the oo�of nliqg cantml of and m�ayit�{the Pmperty aad oolieai�the Renta.L�cluding.but <br /> aot ltndtM M. e!!c'sncYs� fets. t�iv!��� faea, pnemi� oe c�aoeivEC'� boodt. r�ir and mwKaa�soe Oo�tt. <br /> inaar�aoe pncmiu�s, tua.�ssmrau rnd o�ba duaia am tbe Pm�e�tY,�md tLea to the swm sewred by�he <br /> SACUtity I�ma►t:(v)LRnd��,Laider's ageatt nr�oy judicWly�ppoioted reoelver shwU be liabk to account tor <br /> ody tb�o�e Ratn actwdly reoeived� and (vj) l.rnddr �h�tl be atitled to bave • roceiva �ppointed to taf�e <br /> posseaioa of and m��oy�e the Propaty and coAax�he RaKs a�d pmhs derlved fiom tt�Pnc�paty�tLout aay <br /> �ho�vin�as w t6e iat�dequacy of tbe Pnnpesty��aauity. <br /> it tbe KaN.��f tbe Pmpaty u�e qpt sut�ciaat to oovet the oost�of ttklaa ooatml of md mn�in� t6e <br /> �p!r!�.t�and aF c��eain�th�Rmn my ti�C euP�+dod bY Laider for tuch puipo�es�h�ll beoome indebtodae� <br /> �;��iartoryer to I.eadet�oautrd bry tbe Security Intrument pu�swnt to Unifocm Covemau 7. <br /> •;�,: !t3ott�a+rer rcpraaia u�Q w�r�ant:thu Hoau�wa haa arr�r:txewted any prior�ni�ax�at of the R�au�od hn <br /> �, ' ;ioio�.�l wrill not perform any act that would,/��r.ue�t l�Wet�'ir`�om exa�citin�!tf ri�hts't�qc�er this P�18�• ' <br /> . i�nder, a I�eader't�ettu or a j�xE�i4'-�i���ilj�'.appo;nnted teoeiver, shall uot be reqult+cd W.aMtnr',.W�on, t,�k�e �.; <br /> cuaaul of a m�i�nt�in"tha 'Pra,pe�3y befote'���k���itet�viaa notioe of doiwlt to Horr�wtt• �io+rev{�t::�?..�eoda�.oR • <br /> I,eader's yawt or a judici�ht�y-n�sou�ted roa�vsr. nuY do sw x any time w�hen a do1�v;�tE:;iaoa�rs.Ary�pglir,�don . <br /> of Re�a�lnri not am a w�i�vt�tny dtfiult a iavalid�te i4Y othec riiht or ramedr.�e���:�.�.7LL a�nmeat of <br /> Rents of the PrnpeYty�ull tdYdinate�vbea all t6o sum��xttrad bY the Socu!itY[a�nruwe�t�ce p�id in fWll. , .� <br /> I.(�065��'�.�UI.T 1'RRUV�3ION. Borrowa's defanit a bc+eaeh;,i�iojr rmoe or�emoeot ia�vhich :.i`''� .;: <br /> L�oder h�aa idtca���il Ne.a�.+�uader tl�ee Sxucity Insdva�aK�od�l.�r�kt wa�r invdca any of tbe rauoedia . , � ',. <br /> �,: <br /> P�nuimed UY the Stecu�icY Liaif�•m�nt. ;,� ,: , ,,,��� <br /> •� ;�Y SIOHINQ BFJAV�V, iPl�r:tioMner acoepn aud ��ee:s w the tam� �od prov3sioat aiotained jn thi: 15+t �� <br /> Fainily Rider. •+��,� , .�� <br /> , •` . ! ' , ' . �' •;r,. <br /> ��� . ' ' � <br /> . �,; <br /> . �;��-�� � ✓ (�, <br /> uear s bi K Dma�ac. .ea,o.� <br /> . ; �,;;:�.. <br /> ��' . (sat) _- {sea) � .' <br /> � � :•, • .Dortorwr -Flo�tore� ��;%;. <br /> ., � , . �'. . <br /> . .. • �. <br /> ' • , � <br /> � �-p h�osi.ut r.w s er a . . • P�on�3170 3!!� � <br /> � , <br /> ���e�'���. <br />