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<br /> l8. A6.SICNMENT OF REN'f3 ANd REVE1WESi A��T��T OF/tEC�1V�R�LENDER
<br /> IN pOSSE.SSION. A.�prrt of tbe consideruian for tht loam evidenced by the Note.Bonower hereby absolutely
<br /> �wf uncondldarully�ssi jng and tra�fers to Lender�ll the c�eae and cevenues of tbe Property,includi�thasa raw
<br /> due.pw.tt duc.or to t+ecome due by vtnue af�ny tease ar odkr�greemscu for ttje occupancy ar use of KII or�ny
<br /> put af thc Pmpeny�re�udless uf a whom cl�ee rew9 Knd revenues of ehe PropertY are Payiblr. eotmwer henby
<br /> �uthnrizes Lender or l.eadrr's�QeMS to collect the�foresaid eeats�nd revemxs�1 hcreby dlrects e�ch tea�at or
<br /> user of the Property to p�y such tents wd c�wenues to Leuder ur ixuder's�ents;�yrovtdcd,howevcr. that prior �
<br /> m wrttcen aotice�iven by Lesder to Ebrrower af the b�each by Borrower of�ay coveou�t or tgmment of Botrower
<br /> in�his Insaumeat.Barrower sd�li have a revokabfe licease ta coilect�nd recetve�ll rcata aad revenues of tbe
<br /> propetty u uustee for tGe lxneHt of Lender ud Hocrower.to apply tlue cents uri nvemxs so coAected ro the sums
<br /> sectu�ed by thi�insuument in�he order pmvided ta psrngnph 31�ereof.with t6e bilaace,so long as ta�snch breach
<br /> 1us cecurr�d.to tUee�ccount of Horrower. it being tutended by Borcower and Lender tt►�t this assignanent of nats
<br /> u�d nwawes coasdnues�tn absolute assi�nment�ux1 mt aa+usi8nment for Add►t�ow�l security ody. Upon delivery
<br /> of wrItten nodce by Lender w Bortower of the hreach by Bomower of any covenu�t or a�mment af Bormwer ia
<br /> this Im�uument.and r�rithaut tde n�cesstty of Leader entering upon�nd nkana and m�intaining full control of the
<br /> PI�1t[ty IA�1CISOD.by igent or by a court•�ppointed reoeiver. Leader shall immedjttely 6e�ndded to possessioa
<br /> of tll nats and revenues of the Propecty av cpeclficd In �hls p�r�raph as the suae become due�nd p►yable.
<br /> IDCIUdIAj M1t OOt IIIIIItld t0 1�CAtD�Ild [CYOIy11CS tliGil dIIC iOd U�(1i�l�� �nd aU such nnts aad nwenues shail
<br /> Immedl�tely upon dalivery of such aodct Ue beld by Botnowec as uustee foe the brnefit of l�ender anly;ptovtded. _
<br /> hawevcr.that the writtea notice by I.enier to&+rmwtir of the brac6 by Borrower sha11 wnnin a satement tlut
<br /> Lender exercises its ri�hts to such ce�a�wd revenues. BOIiOVYC[iQT�GS tNli COI11'�GIICIIIjs 11pOA dGI1VCiy Of SllCb
<br /> wcittea aodce of Bonrower's breach by L.ender to Borrower.�sch teaiat or user of the Property s1u11 u�lCe such
<br /> cents�nd nwenues psy�ble m�md pay snch r�eats and reveaucs to Leader ar I.�uder's�gens on Lender's written
<br /> demwd tUenfore.without�ny li�bil�ty an the put of stid tenant or user to iaquire fuN�er as ro the existence of
<br /> a defiult by Horrower.
<br /> Borrovv�r henby soveaants ttut Borrowcr h�not executed any prior asstgntaent of s�id nnts or revenaxs.
<br /> that Bonower has not perfoxmed,�nd will not perfom�,any acts or h�s not eaxuted� and wiU not execute.aay
<br /> iactnnaent wLicb would prcvent Leader from eaerctsing its cig4ts uader this p�ragaph.uW dut u the tiaae of
<br /> �;.+_���in��f�hic Iascrument then hu been ao andcipxdon or prepayment of any of tbe rents or revenues of tha
<br /> Propen}r for mon thau one month prIor to tLe due dues of the srme. Borrower coveaants teat esormwer wili noi
<br /> Iiec�qiRer collxt or�ccept payment of any rents or revenues of the Property more t6u►o�mnnth prior to the due
<br /> date of the s�me. Bomower funher covenants ttnt Borrower wtll execute u�d deliver W Letider srcb further
<br /> �ssignments of rents aad revenues of the Property as Lender mry from dme to dme ro4uest.
<br /> Upoa Bomnwcr's bre�ch of any covenant or igreea�nt of Bomower in[his Iastmme�,Lender m�Y,ia
<br /> person.by�tgent or by a caus�ppoinad receiver,regudiess of d�ee adoqu�cy of L.end�r's sec�uiry.caer�wd
<br /> take possession and m�intain fuU contml of tLe Property in order w perform all acts necess�rS►�ud app�oP
<br /> � q�radop and maintenrn�e tLereof and the coaducdng thenon of any bu.� a buai�sses tLen beinB
<br /> co�uctod by Botrower lneluding,twt not l�mited to. the execudon, a�ncell�don c�r modificuion of lases. tt�
<br /> collccdon of�11 rents md nwet�ues of the Pcoperty. the m�lCinB of rep�rs to t1�p�y���a�on or
<br /> tecmlmdon of contcacts pmviding for the m�ntBemeut or rwintenwce of tloe Property or the ca�n�of 3ueh
<br /> businesses thcreon, all oa such um�s�s ue deemed best ro pmtece the secwrity of tlns laucument.In the event
<br /> Lender elects to seek the appoinement of a receiver for the Pmpercy upon Boieower's b�ch of any coven�at or
<br /> agreemeot of Botrower in this I�ument,soch sl�ll be appointod�ts provtded in PuaSraph 21 below. Bormwer
<br /> hereby eapres�sly consents to the�PP�intment of such receiver. L.ender or tlie ceceiver slull be endded to recetve
<br /> s rasontble foe for so rrutnagin8���P��'•
<br /> All nnts u�d revenues coUxud subsequent to delivery of wriuen natice by Lender to Boirowa of the
<br /> bre�ch by Borrower of aa�covenant or agreement of Borrower in this IaSm�ment s1�11 be applied first to the cost.
<br /> if any. of taldng caatrol of and maa�giag the Property and collectiqg the itints and revemies,including.but not
<br /> liwiud w.attorncys'fxs.rece[ver's fas,premiums on recetver's bonds.cosY.e af rep�irs to the Pcopeny.promiums
<br /> on iiuurauce policies,taxes, assessments and other charges on the Property. and the costs of discha�ging any
<br /> obligadon or liabUity of Botrower as lessor or lAndlord of the Property. and then to the swns sawrcd by this
<br /> Inst�umenc. Lender or the receiver shall t�ve access to the books wd records ased in the oponaon and malncenance
<br /> of the Prope�ty aad s6a11 be liable ta account only for those reats and nwenues utually received. Lender shall uot
<br /> 6e liable to Borrower,anyone cl93miag under or thmugh Borrower. or anyone having an intenst in the Pmperty
<br /> by reason of anything done or left uadone by I.ender under th�s para�aph.
<br /> ' If the nnts and revenues of the Propeisy are aot suffictent to meet the costs, if any.of rrking control of
<br /> and managing the Prope�ty and collecdng the sanne.any funds expended by Lender for such pwrposes st�ll bocome
<br /> inckbtedness of Borrower to Lender secured by this Ynsuument pursuuit to the terms hereof. Unless Leader and
<br /> Bocrower agree in wriang ro other terms of paymeut, such amounts shall be immedi�tely due and p�yable by
<br /> � n..�......�.....�e...0�....:.,...,.Q.�..�rn���e nf dich��*��++��u�hr default rate stated under the cern�s of the Note.
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<br />�_- compowided monthly,unless payment of iaterest At such rate would be cnntrary to appltcable law.in which event
<br />- such amounts s1�11 bcar interest at the highest rate which may be collected fnnm Horrower und�;r applle�ble law.
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