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<br /> G.ASSIGNMENT OF LEASES. Upon Lender't request,Banower ehait aeilgn to Lender aU leaaa of the
<br /> Property aud all securlry deposlte made in conaection wi[h leasea ot the Property. UpOp IIIC aiSlgpDkpt,Lendcr
<br /> edall have tht rlght W modlt�, extend or tertninate the cnisting leasea azd to execuu new leasea,ln l.ender's eale
<br /> ditcredon. Aa iued in this paragraph(3, [he word "leaae" at�all wean"aublease' If the SecurIry Instrunsene fa on a
<br /> lcaaehold.
<br /> H. ASSI(iN11�NT OF RENTS; APPOINTNIBIYT O� RECEIVER; LENDER IN POSSE3SION,
<br /> Borrower ab�olutely and uncondidonaUy astigas and tranefera to Lender eA t�e renta and revenuea("Reats")of the
<br /> Pmperty. regardkas of to whom the Rents of the Properry are payabla. Borrowar authorizes Lendtr or Lender'a
<br /> agenu to collect tl�e Renro� and agrees tt�at each tenant af the Properry shaU pay the Ranta to I.ender or I.ender's
<br /> agenta. Nowever,Honower ehall receive the Reaw uatil(i)L.eadcr haa given Borrowcr aotIce of default purauant to
<br /> paragraph 21 of the Security Iuamupenc and(ll)Len�lCCr ha�glven nodce to the tenant(s) t4�t the Renta azc to be
<br /> p�id ta Lendcr or I.ender•s agenG '11ds assigamcnt of Rente conadtuus aa abaolutc assignmcnt and not fl►►
<br /> as:ignmeru for additional aecuriry only.
<br /> U Lepder giv�s aatice of breach W Bora�ower: (i)aU Rentd recelvW by Borrawer ahaU be held by 8orrower a�
<br /> � tnuta for che beneRt aY Lentic:r wnly.to be applled co che nir�u securtd by the Suurdry.'G�struaunt;(il)I:ender;�➢u�ll
<br /> . 4�e�nttded to colkct arid rECCrv:e a11 of the Rent� of�e :Property; (tii) Bonnwer agr�ecs that each tenaut of the
<br /> Prn,�erty aball �ay aU Rents ttue and unpnid to Lendce or Leiuler's agcnts upon I.endet's wrIttcn demand ta ihe
<br /> tenant; (iv)unless applicable law provides otheraise. aU Rents collected by Lender or Lender'a a�aus eha11 be
<br /> . aPPUed fuat to ttx costa of taldng cantrol of and managlag the Ptoperty and coUectIng the Ren[s.IncluGing.but aot
<br /> Wdud w,attorneye' fees, recelver'a fees.prendums on receiver't boada,repair and mainunanc:e cciste, ia�ue�nce
<br />, r premium�. taaes,asseumenu aM other chugei on ttht Property. aM tt�ea to the �umt aecuted by thc Sxur(ry
<br /> , Inatnunen[;(v).i.eader.Leuder'a ageats or any judiciaUy appointed recelvex shall be linble w accoant for only those
<br /> . Renu actually rcaived; and(vi) Lender shall be enddod to ls�ve a rxeivcr appointed to t�ke possea�ton of aad
<br /> ; � tik Frv�,criy rinu colixi cbe rcears nnd pronu Gerived imm tlie Property wtthoot any thowIa�as co tbe
<br /> inadequscy ot the Pcoperty a��aurity.
<br /> � If the Rentt oP ttx Prapeny ue aot auflicleat to cover the co�u of ta{dn� contrul of and maw�Ip� the
<br /> Propertyr md ot eoUa:tL�tbe Rerw uiy tlu�d�expended by Lender for�uch purposei�ha11 become iadebtedne�s of
<br /> � Bormwer to Lender recured by the Secwiry Intuumenc punuuu to UnUorm Covemnt 7.
<br /> ` Bonower ssprc�enu u�9 w�rruu�tlut Borrower h�u not enocuteA u►y pcior u�i�na�ent�(tIx Renu u�d hu
<br /> � nos u�d wlll not perform any�ct ttut wouW prcvent Lender from exercbla�ia dYhq uader thit twrartraah.
<br /> i�ender.or Leader'��enu or a)tWlcWly�ppolntod roceiver,�tu11 not be requlrod ro enter upon.hke comol
<br /> .i� o[or nMid�In t!n Proporty before or aRer�ivIa� notico of defwlt w BorroMer. Howaver, i,ender. or I.ender'�
<br /> �'� qen4 or a judichlly appoiated receiver, crny du w�t�ny tlme when a defiult occurr. My applicadou of Renu
<br /> ah�ll not cure or M�ive uiy dchult or invalld�te uty other rf�ht or remody of Leader.'il�ii usignment ot Rents ot
<br /> ,� tbe Property shall tetminate when all the runu accurod by tde Security Lutnuneat are paid in fWl.
<br /> I.CROBS-DEFAULT PROVISION. Boarower'c defudt or breach uader any note or agn.ement in
<br /> � which Leuder has a interest ahall be a breach w�der tbe Security Insuument and I.ender may involce any of the
<br /> ' reanedia permitud by the Seciui►.y Instcument.
<br /> � : BY SI(3NQHd BBLOW.Borrower�ccepta and agrees to tbe terms nnd provistona cantained In this i-4 Family
<br /> RIder.
<br /> � .��.� �'a4 q� � /,
<br /> (Seat) /4—C:�2Ny4�1 ��-QF> rSe�l)
<br /> - DOUCi E CORMJ�td -Bortower DEBRA R CORMAN -Hortower
<br /> ' (Seal) (Seal)
<br /> •Borrower •eorrower
<br /> �...57 c��al.oi r.�e t o�:
<br /> Form 3170 3/93
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