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. . '.t. „Iy aiea�,:s�.:a.,�..�,... _ -= - - _ -_ _ - - 9?-� i(�'7�83 G,ASS[GNMENT O�4EASFS. Upan L.endePs rcquest.Borrower shall assign to Ixndcr all leases of the - Propeny nnd all serurity depocit9 ms►de in cannection with leases of the Property. Upon thc essig�mcnt, Lender shAll havc Ihe right to madify, extcmi or terminate the existing leases and to execute new leases,in Lender's salo dlscredun.AS usod in this puragr�ph 0, the wor�"lease" sh�il mei+rr►"sublease"if the Security Insirument Is on a leasehold. 11, ASSIGNlN�NT OF RENT6; APP()INTMENT OF RECEIVER; LENDER 1N PO�SSESSIUN. Borrower absolutcly anci uncanditionally assigns und transfers to L.ender all thc rcnts and revcnues("Rents")of thc Prope»y. rcgardless of to whom the Rents of the Property are paynblB. Borrower author�us Lender or i.cndcr s agents to collect the Rents.and agrces that euch tenant of thc Property shall pay the Renta to L.ender or : Lcnder s agents.However,Borrower shull reccive tNc Rents until(i)L,ender has given Borrower notice of default pursu�nt to paragri►ph 21 of the 5ocurity Instnimcat and(ii)I.ender has given noticc to the tenant(s)that the Rents arc to be pnid ta Lcnder or Gendcr's ngent.This assignment of Renis wnstitutes an absolute assignment pnd noc an assignment for additional security oniy. !f Lt.nder gives notia af brcach to Borrower: (i)all Rentx received by Borrower shali bo hc�ld by Horrawe► as trustee for the be►►�fit of I.ender only. to be appl[ed to the sums securcd by the Secutity Instn►tnent:(ii)Lender ; shall I,e entitled m collect nnd recelve all of the Rents of the Property;(iii) Horrower pgrces that each tenant of the Praperty shull pay all Rents due and unpaid to i.ender or Lender's agants upon Lender's written demand to the � tenanr,(iv)unless applicablc law provides otherwise.all Renu collectecl by Lender ur I.ender's agents shaq be applied�rst to the costs of taking control of and managing the Property and collxting the RGnts. including, but � not limiud to. attorneys' fees. receiver's fees, pmmiums on r�ceiver's bonds, repair and mainteru�ncx costs. # insurance premiums, taxes.assessments end other charges on the Property,a�xl thcn to the sums securod by the - Securiry Instrument;(v)Lender,I.ender's agents or any judicially appointed receiver shull be liable ta acoount for � only those Rents actually received: and (vi) L,ende� shall be entiNal to have a recoiver eppointal ro take possa,aion of and manage ti�e FioYc��y ard ca!!:'rt tlte P.�t�:.:ssst3�r�ft� �ec4v.Yl from the ProQerty witltout stnY showing as to the iaadequacy of the Property us security• [f the Rents of the Properry ar nut sufRaient to cover the costs of tal:Ing control af ar►d man�ging the Propaty snd of rnllxting the Rents any funds expended by l.ender for such purposes shall bocome inde6teciness of Bottr.�wer to Lender socuted by the Security Insuument pu�suaat ta Uniform Covenant 7. Bonower represents and warranta ct�at Borrower has not sxecuted any p�[or Assigrtment of the RentS and iu�s not ynd will not perform any act that wonld prevent I.ender from eaercleing its righta under this paragraph. Lender, or Leadcr's agents or a judictally appointed rece[ver� shall�nut be requirod to enter up�n. t�ke '3 conuol of or maintain the PropeKy bcfore or after giving noHc�of default to Borrower. However. Lender.or � I.ender's agents or a judicially appointad receiver. may do so at any tim�when a default occur�. Any application . ``� of Rencs shal i rat curc or waive uny d e fau l t o r i n v a l i d a t e a n y o t b e r ri g h t o r r e m o d y of Lendcr.This assi g n rt�e nt of ;� Rants of ttw Prq�ny�shall tecminate when a�l the sums secured by the SxuriSy Instntment aze paid in full. - I. CR06S•DET�'AUL'f P1tOVISIQN. �orrower s default or breach under any note or agreement in whkh •� , Lender f�ac an interest shall be a breach under the 5eeurity Instrument und Lender may invoke.any of the rcmodies pernutt�d by the Security Instrumeat. � SY SIOMNG BELOW. BaYrower accepts and agras to the cerms a�xl provisions contai�ned in this 1-4 Frmily_Rider. � — � � G`�.'a'� (Seat) C�) � -Sattower •Borrower , /($eap (�) � VO�� •8nrrox•er •Bomowcr � � ..E '3 � Form 3170 3l93 � � J 1 . .. . . ._. . ._. _..