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<br /> a.ASSIQIdMENT OF I,EA3E9. Upon Lender'e request,Borrower ehall assign w L�er�der al!lea�s of the `
<br /> Prnpecty and W sxurlty dcpasita made In oonnoctbn with ka�cs of tho Propaty.Upon tho assignmen�Lender
<br /> shMll lu�ve the cight to modity,oxeend or taminete she c�sdns lea+e.+and a exxuu new kaxs.in L�ider'n enb
<br /> discredon.Ae�seA in this parn�aph C3,the wocd"leaso"sNa11 mean"sublr,aaa"if the Seciuity Inswrmrrt is oa a
<br /> 3aasehold.
<br /> N. AS3IGNMENT OF R�NTS; APPOINTMENT OF RECEIVER{ LENA�R IN POSSE6SION.
<br /> Bamwu sbsolutely aad uoonndidon�lly usigns�nd transfers to Lender aU the nnta and ravenues("Renta")of the
<br /> Pfropeny�ngardkss of�a wAaon the Rents of�hc Pmperty ara payabk. Borrower authorius L�enda or Lenda's
<br />' �gent��o ootbct the Re�u,aad�groes that each te,nant af 1ho Pro�xxty shell pay the Rents to I.endcr nr Lenda's
<br /> �gents.Ho�revu,Barowa siuU rooeive the Rents undl(i)Lendu ha�g�ven Bortowa aotice of dcfault pursuant w
<br /> pragr�ph 21 of the Socurity lnstruma�t and(ll)Lenda has given n�tice w the tcnant(s)that the Ronta ere w be
<br /> p�ict w I.a�der a L.eride�'s ugent 'IhLv assignment of Ra�ta oonsdtutes an Rbsolutc asstgnmait ond not an
<br /> rss3�t for a�lit�onal se�u+lty only. ---
<br /> If Lender qives noBce of hreach to Bonnwer.(i)ell Rente neceived by Borrowu ahaU bo held by Borrowa aa
<br /> wstee for�he laa�efit of L,ender only.w bo appllod to the aums sxural by tha Sec�ulty InstrumaH;(ii)Lender sbaU
<br /> be aidtkd t��allect and reGeive all af tho Rents of the�'inpert.y; (iil) Borrowcr egroes thet eaeh t�enent of the
<br /> Paqxxty shW pRy all Renta duo and unpoid w L�enckr a L�ender'e�gemte upon Ga�da's wtltten de�und to the
<br /> �ten�nn; (iv) unless appticable Isw prnvides othervvLso.a71 Rtnts colkcted by Lenda ar Leteder'R qgenta shall be
<br /> rr�pfied ficst a the eoKta of t�lcinq eontrol of and maaaging tho Propaty and collxting the Rents,including,but not
<br /> limitod w�Attmzneya' fees,roceiver'�fas.Premiums on receivu's bonds.npair and m�inteiw�ca cast�.Inaururce
<br /> praniums�t�xra��ssessmaits and aher charges on thc Propacy.aod tl�a►to the sams securecl•by the SecurIty
<br /> � Insdumeax(v)L�erKkr,L,ender's agenu or any judtcially appolntAd receiva ehall be liabb to�oca�nt for only t6o�o
<br />� 4teab actwlly raceived; and+(vi) I.ender shall be entitled to have a receiver appointed to Wce poueasion of end
<br /> .. �nnoe �hes Pm;xrty and collect ttw Rents and pix�6ts ai�ived from Iho Pmpaty without any showinB es ta the ,
<br /> � � � : ��9�Y�Ibe Pmpaty a eocurity. ' .
<br /> If the Rena o�f die Propaty ue nos suff'�cknt to cova the costa of taldreg control of and man�ging tho
<br /> � Pmpaty wid of culbcdng tha Rents any f�nQc eapendul�iy Lender fa such puiposes shall bacome�ndebtodne�s of .
<br /> Aarowa W I.ender sxut+ed by the Sect�rlty Tttsuumene p�rsuetft w Unifoim Covenant 7.
<br /> �t Barrownx represents and warr�u�ta t�wt Barowa 1�a9 not execuud any pri�a as,aignmenc of the Itents and:has '
<br /> � not aind wlll not pafam any act that would�reva�t Lender from exa�cising its rights�m�a thi�par.tg�apb. ' ,
<br /> Lender.or La�da's�genta a a judici�llY appointod nocxiver.eh�il na be nquirod w eAkr upon.W�e control
<br /> � of a m�Inufn tha P�npaty beforo a after giving notke of default b Barowa. Howeva.Lenda. a I�er�dcr's
<br />;� �ents a a judici�lly�ppointed receivu.may do xo u any dmmo when a defwlt occurs.My y�plic�don of Reab
<br /> a atull not cum a�vaiva�ny defwlt a InvAlldate any other rlght a rdnedy of I.a�de�.'I1ds uaignrt�t of Renls of
<br />� the Pcopaty�ll Wmi�u+�e when all tho sums soc�u+ed by the Securiry Instrumeat�ce p�id in full.
<br /> I.CROS3-DEI+AULT PROYISION. Barowa's dcfeult a brach unda aay no�e a a�oanent in
<br /> whkh I.e�dei hu an int�reac atual be a br.each ucidu the Sxurity Insnument nd Ira�da cn�y invoke any of tha
<br /> .� nemedies pamittod by the Securfty Insteumcn�
<br /> � BY SIGIVIN(i BB�.OW.Bamwer acaepts and agroos to tt�o tams and prnvlsians contained in this 1-4 Family
<br /> � Riddr. '
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<br /> 1 MICHABL BCHITBIDBR -Borto�er '��•r ' -Borto«er
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<br /> y -$orcower •Horrower
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