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<br /> �� G.ASSIGNMENT OF LEASES. Upon l.endcr's rcquest,Bonowcr shall a.9�sign to Lcndcr all lcascs of iha "__
<br /> , praperty and al!secority deposits madc in connocdon with Icascs of ihe PropertY. Upon thc agsignment. Lcndar
<br /> shall havc the right to modify,extend or tcaminatc thc exisdng lcases and w cxccutc ncw lcases, in L.ender's solo _
<br /> �r discretion. As used in this paragrs►ph G,the word"lc.�so" shall mcan "subk,s�scs" if thc Se�urity Insuument is on a
<br /> Y k;asehold. ::
<br /> ' H. AS5IGNMENT OF RENT3; APPOINTMENT OF R�CEIVER; LFNDER IN POSSESSION. E;_
<br /> 9orrowu absolutely and uncondit�onally assigns and transfers to Lender all the rents and rovenues("Rents")of tha -
<br /> � property,rcgerdfess of to whom the Rcnw of thc Aroperty ere paYablc. Borrawer authorius Lcndcr or L.cnder's
<br /> ents w colloct the Rents,and agrees that each tenant of the Property shall paY the Rents to l.ender or Lendor's
<br /> . a8 _-
<br /> ' agerns.However,Borrowcr st�aU reaive the RenLV until(i)Lender hag givcn Borrower nodce of default pursusnt to �
<br /> � �- paragraph 21 of the Sccudty Insuumsnt and (ii} L,endcr has givcn notice w the tenanc(s)that the Rents are co be �.,
<br /> paid to Lender or Lenda's agent. This assignment of Rents c�nstiwus an absolute assignmcnt and not an �,
<br /> essignment for addidonal security only. .
<br /> ��.; • If Lender gives notice of breach to Berrower.(i)ell Rents received by Bonower shall be heid by Borrowor as ��_
<br /> '�,;�ti trustee for the benefit of Lender onty,to ba appUed to the sums secuced by the Securiry Instrumen�(ii)Lender shaU -
<br /> be ontided to collect and receive all of the Rents of the Property; (ui) Borrower agrees that cach tenant of tho
<br /> � Property shaU pay el1 Rents due and unpaid a Lendcr or Lender's agents upon Lender's wricten dcmand to tho
<br /> tenant; (iv) unless appllcable law provides otheswise. a11 Re�►ts collected by I.,ender or Lendu's egents shnll bo
<br /> " ' sppGed Cust to the costs of taking control of and managinB the ProPeatY and collecting the Rent�,including,but not
<br /> timited to.attomeys'fees,receivu's fee.g,premiums on receiver's bonds,repair and maintenance cosu,insurance
<br />_ ' . . prcmi�ms. taxes. assessmcnis and other chargss on the Propeny, end then to ths sums secured by the Scsuriry
<br /> __ i�����t.;�r�,,�,t F.��tr.r's agencs or any judiciaUy appoint�cd receiver shall bcs llable w accoune for only those
<br /> .�� •'.� �•' Rents acwally raceived; end(vi) Lenda shall be entided to have a receiver appoinced to take Fossession of and
<br /> °'"'`'��'�t; manage tt�e 1'raperty a�d caUect�ho Rents and proCts dedved from the Property without any showing as to tha
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<br /> .s�..�;;,�.,.:�. inadequaey of the Properry as s�wity.
<br /> �"`�'�` If the Rents of the Praperty ere not suf�cient to cov�r the costs of taking control of and managing d�e
<br /> YF�s 4 � property and of callocting the Renis ar►Y funds expended by Lender for such purposas shall become indebtedness of
<br />-=_=��,""�. gorrowu to Lu�der sx u r a l by t he Sec u r l ty I n s t r u m e n t p�u s u a n t t o L J n i f o r m C o v e n a n t 7.
<br /> _-4���. go�WU rcpcesents and vvan�ants that Horrower has nol cxacutc.i+v►y pr�ar:ssEgcttne�t ef the Rents and hnv -
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<br /> :�:�'�.��, not and will not perform eny act that would provent Ler►du from cxercising its righu under this •
<br /> —a-'�� L�ndu�or I,ender's agents or a judicially appointed receiver,sl�all not be required w entu upon,take control
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<br /> _--_�.-- of or muintain the Proputy befoce or after givinB notice of default to Borrower. However.I-�n��on of�Renta
<br /> --�"�°� agcnts or a jtxlicially appoin►ed roca�vu,may do so at any dmc when a default occurs.Any epp
<br />�.���' shall not ctu+e or wetve any default or invalidatc any othcr right or remedy of Lender.'Ihis assignment of Rents of
<br />--:.,,_�� ��p�perty shall terminabc when all the sums secured by the Security Insaument arc paid in full.
<br /> _-- I.CROSS•DEFA[1LT P[tOVISION. Bo�rower's default or breach under any note or agceemunt in
<br /> --=- — which Le�x1u hag w� inttres�Bhall be a breach ander the Sec�uity Inswment end Lender may invoke any of iha
<br /> ---_:*�_�sa�. r�,��p�rmittcd by the Security Inswmen�.
<br /> m�� gY SICiMNG BEIAW,Sonower accepts and agrees w the terms and provisions contained in this 1-4 Family
<br /> _�r,�� Rlder.
<br /> ---='�"°"=� .�� �� �� —(Seal) =e:�s�"T ' (Seal)
<br /> v `'� DOUO F FLAHERTY _ -HOtroweT �►THI,EEN S FLJ4HERTY •Bonower _
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