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<br /> •:.��»� G.ASSIGNMENT OF LFASES. Upon L.endcr's rcqucst,Borrowcr shaU assign to Lcnder ell leases of thc
<br /> Propeny and all secudry deposits made in connecuon with leases of rhe Properry. Upon the assignment,Lendu �°
<br /> shall havc the dght to modify,cxtend or tcrminate the exisdng leascs and to exccute ncw leases,in Lcnd�er's sale �
<br /> -, discrepon.As used in this paragraph G. the word"lease" shall mean"sublease" if the Security Instrument is on a -
<br /> • i�. Icuschold. �
<br /> H. ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; LENDER IN POSSESSION. �
<br /> Bonowcr absolutcly and uncondidonally assigns and transfers to Lender all d�e rents and revonucs("Rents")af thc
<br /> ��. �. Property. rcgardlcss of to whom the Rents of the Pmpetty are payable. Borrower authorizes Lender or Lender's �
<br /> ' agents w collect the Rents,and agrees that each tenanl of the Property shall pay the Rants to Lender or L.ender's
<br /> agcnts.However,Borrower shall receivc thc Rents until(i)Lendcr has giv�n Borrower nouce of default puxsuant w -
<br />- .' paragraph 21 of thc Securiry Inswment s�nd(ii)Lendcr has given no6ce to the tenant(s)that the Renu are ta be =
<br /> paid w Lender or Lendcr's agent. 'It�is assignment of Rents cansdtutes an atssolute assignment and not an
<br /> assignment for udditional securlry only.
<br /> '. If Lender gives nodce of breach to Bonrower.(i)aU Rents received by Borrower shell be held by Borrower a�
<br /> wstcc for the beneflt of I.endcr anly,to be applIed to the sums sccured by the Security Insminien�(u)Lender sh:.11 _
<br /> , be entided to coUect and receive aU of the Rents of the Properiy; (ui) Borrower agrees that each tenant of the -
<br /> .�� Pcopeny shall pay all Rents due and unpatd to I.ender or Lender's agentv upcm Lender's written demand to the _
<br /> . tenant;(iv) unless applicable law provides otherwise,aU Rents coAxted by Lender or Lender's agents shall be -
<br /> ' �' applicd first to thc costs of taking control of and managing the Propc�ty and collecdng thc Rents,including,but not
<br /> '"''�'" limited to,attomeys' fecs,receiver's fees,premiums on receiver's bonds,repair and maintenance costs,insur�nce
<br /> . � premiums,taxes,nssessments and othcr chargcs on thc Property. and then to ihe sums secured by the Security
<br /> — �`'''.°' ' Insuument;(v)Lendcr,Lender's agents or any judicially appoint,ed receivu shaU be Iiable to account for only those
<br /> - : ,,. , Rents ectually received; and (vi) L.ender shall be entided to have a roceiver appou�ted to taice possession of and
<br /> ' '° =� . � manage the Propecry and coAect the Rents and proSts dedved from the Property without any showing as to tho
<br /> ��.;;r�;..', inadequacy af tho Propeny as securiry.
<br /> - � If the Rents of the Property are not sufficient w cover the costs of tekIng control of and managing the
<br />���"����•�"' Propecty and of coUecring the Rents any funds expended by Lender for such pucposes shall become indebtedness of
<br /> -.:�,_�v.,.z .
<br /> -_�`y�.�� Borrower to L,ender securcd by the Security Instrumcnt p�usnant to Unifocm Covenant 7.
<br /> Borrower represents end warrants thet Bocrower has not cxecuted any pdor assignment of the Renu and hav
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