|
. t,.ao rs;.=::;;�__:t_�,�iy„ . � . ..
<br /> � !'��.::i1;l�ti.
<br /> ,, i� ��} ;+N .
<br /> .� _ yuaw i1��� . ♦ i}, . _. _.
<br /> �': ::!.s����rf�fr���r::�.�. . . ..._ .__. --- �
<br /> _. ._ __ __. . _. ._.. _. _ .... ._ _. _ . . .
<br /> 98�, �,�'�9 .
<br /> �,,+►,�It:NMF.N'A'Q�I,KAS�,9� CJ�x�n L.eixler'R ra�ur.�t.R�ormwcr�hall uxeign tu l.cixlcr all lea��es of the
<br /> Pmporty wxi�tl+ecurlty de{x�xits mxda in amnectk►fl wi�h Ira►a�cs nf tl�c pn►peny. U}x�n thr uswi�nment,L,er�der _
<br /> ' �hall It�vc tlk rigl�t tn nxxllfy,crte�xl nr tcrminrtc tho oxi�dng Icuxea i�nd tq cxe�:uto new le�.�sa,fn t.etNler'F solo _
<br /> dixcreti��n. Ax u�at in this pMragrnph U,tik wurd "Ic:i�eo"sh�+ll mcun"sublc:���"it th�S�cur��Y in�tn,n�cnt iR on
<br /> a Ic�h�W.
<br /> H. A.SSIGNMI�NT OF R�[�7'Si �PP�iNTMF�NT nF RC�.Cf�1VIiR; I.�NDER IN i'Q�SF�SION.
<br /> Barm��r rbsalutely ancl um.�rKf1Ua�►�lly assf�nti axi tnnaforr to I.e�xlcr nil tha rents rrKl revenues("Ronts")of
<br /> tt,e Propeny. �+�nllcxr of ta wM►m the Rents ut tho pmpony nro WY++����• �nOW�� �ut��� �'°�ee or
<br /> l.mder's agrntF tn aillect tlio Renta,a�xi�roGw th�t e�ch teru►nt al'tha Pmpnrty shrll pay thc Rent�to ixnd�r or
<br /> L.ernier R agenta.Hawav�r.&irmwer nt��li rocelve thu Rcntti until(i)l.andcr lias given Hc�rrawer nutico c�f def�utt
<br /> pur►�utnt to p��eRrnph 21 of the Sa.�trity Instntmcnt und(ii)I.atxler h�atven nutice ta Iho tenu►tls)tbwt tta Rente
<br /> wro to be p�iJ ro Lcncier or I.cndar's agont. This es�9gnment of Rentr wnstitutes Kn abr,cilute ersl�nment u�d nnc
<br /> an ucsignmrnt fnr additianal socurity anly.
<br /> lf L,ender gives nuticc�of bresch to Anrnowor.(i)nll RGnts raxived by Bam�wcr sNnll be held by Borrowe�
<br /> as uustcc far tlto Ucnofit af Lender ady.to bo appUod m tha sums;securoJ bY the Sccurity Inatrt�mcnt;(ii)f.endor
<br /> :;tralt be cnddal to collect�nd raeive dl of thc Rans of tho Pmpe�ty:(iii)Barrnwvsr agnecs thnt eACh tenwn�of tho
<br /> property sl�Ll p�y all Rcnts due erd�np�id to Lender ar i.erder's ageMs upun I.u�der's wrStta� demasid to the
<br /> tenant:(ivl ankxs applicable l�w provides o�herwlse,a�l Rents rnllacted by I�ende�or Lender's sKent��11 be
<br /> apQiied fics�ta tff�ei costs of teking contml of arni mamging the Property and rn��ectin8 the ttents• inc�udin6.but
<br /> nut limitcd�t�,attort�eyx� fas. roaiver's [aes. pcea'Jums on reoeiver's bornis, r�ur and mdnten�na oasts. ,
<br /> imwrance p►cntiurr►s,taxrs.x.sstsunems�ci uti�er c��uges on thc Pro�tt,.and ihen to the��,m�aecur�d by d►e
<br /> Sxurity Instrument;(v)l.ecxle+r.l.ender's agents or any judiciatly appointed rocYiv�r Khall be litible tu�ccuunt for
<br /> only those IteMs +ctu�lly raeivodt and (vl) l.rnder �hall be entitled to have a raccivcr �ppointed to uke
<br /> poss�uion of end mwgr the PropettX xnd collect thc ltencs uid pm6ts dedvod from tho Property witlaut ny
<br /> �howins as to�he imdequ�cy of che Proper.r�as sauriry.
<br /> If the Rents of tho F�upony ue not sufficicnt co rnver the coscs of taktng control of uid m�n�Bing tho '
<br /> pm.�perty and of collocting the Rehts any funds expendod by f-ander for wch pucposes sh�ll become indebtedna,s ,
<br /> of k'�<amc�wer xa Leoder secut+ed by tAa Secunry t�ncn�meni puc�uw�t iv Un3�r��u:•tassst 7. .
<br /> � ; �na�z�:r:pres�nts w�d wan�ants thWt Borrowcr has not exocutCd�pny prior acsignmait of�M�e�ts aid h�a
<br /> noY and wii!,+j:uc•f�erf'orm any ect th�t wc�uld p�event I.ttxkr feo�x�oxesi�:,i�g'its dghts under Ihis pA�ig�• q�Q' ' • •'':,.,�,_;._
<br /> 1.e�xkr. or Le�xier'� agents or a judk;iaily appoirKad rccei�•zr. shall rat be requirod to e�ata upo�. ,
<br /> e.va�suof of or maintain the PrnpeRy bofa[�or aftcr g�•�:nr� notia of default to Borrower. Howe�rcr. t.a�er�''p' °.
<br /> . i.<.:;ider's�gonts ur a judici�lly appointed ncceiver,m�y a�:��a��►y time when a default ocwcs.My aPPii�:t9:i.ia�
<br /> of kaNa ah�ll not cure or waive any dCfa2r.T¢a►r�nvalid�te my other right or remedy of Lender.71�is ast��on}l��:�•i�
<br /> Rmts of�he Propeny sh�ll temunue whe�a at�the sums secured by the 5ecudty Insuumenc�re paid�n full.
<br /> I.CR06S-DEFAULT PitOVLSIOy. Burrower,'�;d�fauit or bre�ch under any note or�Sc�eanent in whk�
<br /> ' C..e�der has an inte�est shali be a bra�ch undtr t!x&CC�e�uey In�tcu�r�nt atd L.endee m�y involct any of the nmedi;� .
<br /> �.�;.��cnnitted by the Security Inst�umeRt. ' i
<br /> �'''� • aY SI4taY1V0 HELQW. Borrowa sccepts and aBrxs to th�e.t2�rms aod provisiona oodainod in this 1-4'� ,:, :•
<br /> � • � ��
<br /> +• �eunily R' .,.. .�i;,
<br /> 5',r'. ;� • ' � ��,
<br /> . . .,� , ��� (SCiild)�'� .
<br /> . �� .,� �°��; . : ,
<br /> . r ��. �Z.�.,..�,;.., , c,..„-�-»--(Seaq
<br /> • ` ✓�FS�1B�• �.� - r `'__':'�-`.r . -gor(OMtt!
<br /> '•�! ' , J � :i;I • •
<br /> . . . �:. • i � .� •'�1� • .
<br /> �\: ,-�! ..i: , i. , ,�'��
<br /> '�I; .. . . . .-:1� � .
<br /> � ;. . , Fam 3170�t
<br /> , . �'
<br /> , ,. � �
<br /> . `) �r
<br /> • . � • , �. .. . .
<br /> • " '
<br /> . •. ..' ;. , � . .. �. . . .
<br /> , . .
<br /> ♦ ,`_ �. .' �- � — .-___ �.
<br />
|