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<br /> ' . G.A5SYGl�dffi�l'P OF L�ASFS.Upon l�ader's c!equest.Bam�wer sh�l a�xigu to Leader all leases of che -
<br /> ProPerty aad all seauity deposits made in wnnection witls te�es of the Propezt�r.Upon the assignment. Lender ;;:''�;�'
<br /> �','` ;-� sT�alt have the right to raodify,e�aead or tznninate the existing teases and to exetnte new t�.in Leader's sote , .
<br /> . 4 diseretian.As used in tHis paragrapL ti.t�e uard••tease"shas!meaa••sublease"if the Securet�Ins�uum�en[is on .
<br /> " ' a IeasehoId. `
<br /> - _ H. AS�IGNMENT OF IBEHTS: AFPOIPi'iR'�EPPf OF atF.CEIVEFd: LENDER I1V P0�5ESSIO;�t. -- -
<br /> - •:�'�J�,�,, Borrowtr absol � -
<br /> °--ti::,�,; < utelY and uasoaditiobaliy assigns and trancfers to Le�tder ati the rcnts aad revenufs(.•Renis")of
<br /> '' .";;: ::a the Property. �egardiess of to whom the Rents of the Property are paya6i�. Borrower sutborir.es I.aEder or
<br /> � � ..::V i Lender's ageats to wIiect the Rents,and agrees that each tena�at of the Pcopect�;shait pay the Reats to Lender or -
<br />,,.;�r:•r,�.. � _r_s� Lender's agents.However,Bonower shall receive the Rents unn7(i)Lender Las given Borrower norice of defautt ;.:�`.,��
<br /> { � pursuant to patagraph 21 of the S�auity Lnuument aad('n�L.ea�er ha4 givea nntiae to the teaantis)that ths.Rents �Snr r
<br /> �'� aze to be�d to L�d'er ar iander's agem.lbis assignment of Renu oonstf�utes an absolute assignmcnc afid�aot :►;,.. ,%;.
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<br /> ::� an assigmugnt fvr addiii�srat see�y onty. ' , c� .
<br /> •. , • [f E,�der gives matfce of breac�pti Borrower:(7 all Rents received by►Snrcocver sbalF 8e held hy Bacmwec `
<br /> , ''��,�• at ttustee for t$e 6eae�.��¢�es 4a��y to he applied to the sums sec�67f the Se�urity Iamau�et�f i�`3 F,eader f;
<br /> -. ` �hatt be entit[ed ta ca�'%i�r ,��!of the Reat�o�the Ptoperty:(�IIocrnwer agrees that e�nenane of t�e
<br /> ?r . �.' ` � '� �P�Y�FaY���1�'�e�t uapaid ta-f.�t3�oz�er's ageats uErna l.eader's wriuen denrand.t�+[� ''
<br /> � � � ,. ��apt;�iv},uln2�,a�r�;i�qir�a�des ottt�,•'�tl'Rei�s,�ect�ed 6y Ileader or Lc�der's agents s�w,�.i� �
<br /> `� ,�,F:: �i�dG�'s'a the�+��.t��� gi�ml of and managit'sg� '����ty and colte�ing the Reats,iaoludutg-s'�k �� ; ,,
<br /> , i ' r'SOL,TI��!�s F��c, ad�..ti..�er's fees, jlIeII1111Ii1S OEI.: YCE�S bOII�S� ICp81I� IDd1i1f2A8II06 r�� �
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<br /> � ,r;.-;�°�Iasurance ,p� �k�ss,esgm�ts and att� on th�o . xhen to the sums secuce� t�� �:: �:� , 1F s� �
<br /> �� P�S► � ��,�+.•'r, t ',,, y,.: ,
<br /> � - '.�•i= p�.�7';°."'�"�� ,...�.
<br /> .,. ..__ .._.� .<_.x ,�� SecuritY Ins!tumenfy,�?..,7�':�, �,y Leatdes's ageats o�anY judiclaUY aPPointed'ie�Er sba11 be liable to zstv��,��.! , ,�,�
<br /> '+ only those.Rents at'�i?�41�p����;:�d�(vi) �$ttr shall_6e entitled to have a receiver appoiated•�ue�.isa3� `���:
<br /> . -' . ; possessioa of aad uma�:4as�ais�`and coI��t's;,;�e Reats�and profits derived fmm th�.Propetty qi�it��it`�:�ay � �
<br />: ' `4� showing aa to the.inadeqnacy of the#�.�opertyas s�arity. ' • ��',.�. . -
<br /> °�._ . °:'``'°? ..;,' If the Reau of property�re not svf�c�ent to cover the costs of r�king'comml of and mau�uci��the.
<br /> � . �� � � ' •
<br /> Pcoperty and of oolIec�r�the Renu arry funds cxpeisded by I.ender for such�o5es shall becbme inde�qa:�esS,
<br /> ;�{�f �' of 8orrower Yo L.er�a��by the�ty Insuut�nt.putsuant to Uniforns�ikivenaat 7. �r;;;;;' :.
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<br /> ?'�. , � Ba;rower rep�ts and wanaats that Bamower has aot sr.�ci�ted amy prior assi �:the Rents aa�tiag ••�.�•,'�����; ; �;
<br /> ` ��:�� " � not�wr�`ti�ot iper�':t.*a�.any act that wontd pnevent I.ender fc�'�e�'a:�ing its�riP,kts�nr�'��aragraph. . ��J�i'�`.�_'� ��; '
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<br /> f ' `•, , � r �.`�,•ot L�?�i's ageMS nr a judicially appainte��rii�t:�sball�nqt bg requi.�''e�`��i+enter u�tq�t take 'S-i ; � �.�
<br /> '%'�'�:,�s� `;rf f` ' ;; `� c�nu�C+�;rA�5;i`mam��i�e Progeny before or after�L���►o�=;�13efa�.��at•�urnocrbr. 1�`owever. Lexi�; or ° '
<br /> , F�Y�;��,: ` ,.` , ' • Le�d����nta or��3i�iailY aPPointed receiver;m���s��:�?!.wne c�e�%a�afauYt a'a�sa�. AnY aPF�'��On .; . , _
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<br /> �'-' of Res��:alt not ols�i�t waive aay defauit or inv`�xEt�e����a2hat;�ht or re�dy'of Ler�u`,�is assigame�t of� ��K
<br /> ' :' Reats of tfle Property sha}i temiinate when all tha suu��8�ti'��'t9kE S�rity Inmumrn,ra�j�i in full. "�`I:�°`' ,"`
<br /> .Y,:. �;�:.., sha ,�.,
<br /> '.,, � Y.Ctt03S-DEFARILT PI30VLSIOIV.Bormwe;'s defas:y:titi breacl�under any nofe ci�'�eement�.vu�fch �•
<br /> • '��;�: �� Lender has an inter�si s1�aU be a bieach auder the�iry Iusaumment and Lender uray invo;+�aqy of th�a�ia�,,s � ,_�;',
<br /> .;,�,. pemutted by the Sec�;ir�Jasnument. ' . � ,, . •.`;`. � Y�",=
<br />- - ..::.� ' . BY SIGNMG B,ELOW, Borrower accepts�.�;;tess���.terms and provIsious'o�ptained in this 1-4 � : �.`.,.:�.
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