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<br /> ,. ' � ° � G.ASSIG1Vh1EN'f'OF LEal.SE5.Upon F�udei s eequest.Borrower shalI assign to Lendcr a�t tc�s of t2te .� - . '}`
<br /> ..;.`�` � .' property and a!1 security deposits ma�te ia comiectioa�vith te�ses of�he Proper[y. !lpon the assignme�e. Lender - .. .
<br /> � ± Y shall have thc right to mudity,extend or tem�ina*.e ttie�isting Ieases and to execute new leaces,ia lxnd�'s soie , �� --
<br /> . .` � dissretion.As nsea in this pa►agraPh G.the word"lease"shall mean"sublease"if the Securicy Instrumea�is on •, ...� _
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<br /> . H. ASSIGNA'dF�PC aF RENTS: Al'POII�'fitl�J�Pf OF RECElVER: LENDER il�t FA�SESSI(?='1i.
<br /> ::-�-.:� Borraw�r absolucely and wacondidonaiIy acsigns and tnnsfers to lxnder ail the rents aztd��ues(..Rents"1 of �
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<br /> . � - - the prnperty, teganlless of ro whom the Reats of the Praperty are payabte. Borra�cer authorizes Lendee or : . „
<br /> �, � Lender's agents w colloa[Le Rents,and agrees tbat eacb tenant of the Propeny shall pay the Rents to I.ender or :'- . . � : .
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<br /> , ' .,`� Lendet's agents.However.Borrower sttall mceive the Reau until(i)lender has given Boim�ver uo►ise of defauJt �.`:�" ; . ;:`..
<br /> �` pursuant to pazagrdph 21 af the Securiry�rm�n.t aad(ri)Len@er ha5 given aorice to the tenant(�)shat tiie ttents �
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<br /> ::- ,•:; :i''� are to be paid to Lender ar Lender's ageuc.'EH's�assig�of Rents constitutes an absnfute ass'sgnment and.tmt ��� ;� ;l'` , , .;
<br /> f f an assignment for addiaonal se�uicy,anly. ; r � tr• -
<br /> ;J.� If Lender gi��s nodce oE br.i�ta Barcm�+ea-<i}a3I L�s received by Borrower shail be held hy Borroaer �F� { j �� � �
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<br /> �,.� as uvstee for the bene5t of Leu�£er.cml�!,tu i�ea�tied to#�si�ms sec�T hy the Security Insn�ent;(ii)Lender 1 u .r�_`
<br /> . , �,-;`: sUall be endtted ta colleet and r�t'v�%it'o��'xe L�nts of tize#mpert�:(iii}Bornnwer agrees that each tr�»ant of the ��f� ���h�r,a����
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<br /> �a,t`ti� ;,,��a>. �P�Y�PaY ail Rents due��da�i�oa���ader or Et�der's agents apon Leader's written de�x�aad to the <,� �� ,
<br /> ;��� �:s,�r..r�G . te�at� (iv)autess agplicaTote�.^y�pm�.des cti�wise. aEF�,tl'�ts.'collectecl by LenQer or Lendet's ageuts shalt be < < t""Ar"os�,
<br /> ��',����,,��t��''; : . ap�red.first co the crosts of tzBais�cruuol of am3 managics�i�e�copertY and collecting the Rents.includ'mg.brif r �� ,'
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<br /> r , �:.� norC�imted to. an�t,�eys' fEes.'?�aqei�rer's� p�mi��zeceiver�bnnds. mp�ir and maintenat�{x costs.•'
<br /> fw�F�,"`` � `� :.:' insurance psemir�,�,vices.assess.�nu:�qd.+��harges oh�the Propert�C.and then to the sums�ed by tiie '. � -
<br /> "��Sy,':�1•� '.fi�`:�.- Se�urtry G�sirum2�; (v)Lender,:'I�4aer's ��aajr{�i.i�ally appo�s:�E teceiver shall be liable obs�aimt for , u
<br /> , � `� ,'.�' :, �`:` oNy ttwse Renu aca�aily �vv�:.an� vi}��.endes dsak�:�e enatled to have a ►eceiver appointtd w talce � .::�-
<br /> • <�� ���.� aad obl2ecc the�'s��nA profits dcrived from�he Property without any�. _
<br /> � . �� ; ,�� possession of and ri�age tda'�t�Y, . . . .� � , _ -
<br /> , • � showing as to the zs�deq�7'of the Property as�security:.`; :•.. ,
<br />,:,i-'- � ' t€the Reat�•:4�the Property are not w�`'�aat ta•corer the costs ir�taking conuol of and managing the ;� �'�'�-F�
<br /> ,,s` . ProPertY and ofai�Q�xing the Reats any£�'��tended by Lxuder for such patposes shall become�uutebtedness �;. , ��_�__
<br /> - �i�J. � of�a7tower to 1%�.�r se�uteit b the Se�uiit5'.`.�m�eac.nprsuant to Uniform Covenant 7. � � �;�`. '° a,.�;a-
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<br /> � ;• � .•,�:Borroaer, `�sents and warrants�hac Bai�•s:�r�-aa:.ezecuted any prior assigament of the�teiets and&as . �:. r << =-_��-
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<br /> � : , ..' , not and wiU uvr•.j, '� arm any act tha[would p�i+vi�",�3pr�'�m eaercisif�g its ri u under this ° ':`�=;�-': ^ , ��.
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<br /> �4i` ' �a�t�r�xeives. shall not be required co eace�?+e�sts��i�n)fa�;`';;��. : '�t' .�
<br /> . � I.ender, c,r,'{:.i�der's agents or a judi����� .� . � c j r � _
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<br /> �,r ..... •,`; conirol of or main�rain the Property before!ar..-aii�g��m,��i�rux�of default to Borrower.Howevez;�1�'.:��' ��� X� '>{ -
<br /> �i t'r`:Y- Lender's agents or a judiciall a iated '�:,+�dk�ra�:�anY cime when a default acans. catioii �'';�• r �
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<br /> � ��•.: of Rents shall not cure or waiv��;dsf�.ss�;�ie��a�rtiler right or remedy of Lender.This assignment of � _, '�`` ; �
<br />}:` .;'<t":< Renu of the Propercy shall�termi��i:�i�sall'+i���%�?�na�`Dy the Security Insuument are paid in full. ��, �Y k,f��,p�.-
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<br /> �.. '"_,f. I.CROSS-DEFAULT PROVISI�k ff��s�`$d.efault or breach under any note or agceement in which ,,;,
<br /> Lender has an interest shall be a breach un�r�isi��'�cu:ity Instrument and Lender may invoke any of the remedies ' ° °"`--
<br /> - ,,,; -°�:. Oemdned by the Secwiry instrumen�. '��,_ .. :; � � ��.-
<br /> "��'��'' � � BY SIGNING BE1�OW. Borrower aocepu'and�-,�.u+� zo the terms and pmvisions contaiaed in this l-4 �� i�',,.:_______�_
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<br /> . . PAUL M HAILICKfI •
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