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<br /> ° �� "� G. ASSIGNMENT OF LEA.SFS.Upon Lender's request,Borrower ehall asslgn to I.ender uli leuses of che
<br /> ' .,.a Propetty nnd rill aaturity deposita made in cannectton with leasea of the Property. Upon the assignment. Leader
<br /> - � + shal!have tke dght to neodli�r.extend ar tern�ate ths existing leases aad to execuce ae�+ teases,In Lender's sole =
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<br /> discnt[on.As useA ta ttiis parngraph(l.tke word"leass"shail mean"sublease"If the Securlry Iastrument is on �_
<br /> .. a leasehald. �
<br /> �'�� H. A3SIGNMENT OF RENTS= APP�OII�TMEMI' OF RECEIVER; LENDF.�t IIV P0.g.9ESSION. �
<br />'"'�=� Borrower absoluu/y and uacondidoa9liy assigas and transfers to Leader sill the rents and revenues("Reata")oi ir_
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<br />__- �. - the Propeny. ngardtess of to whom the Rente of tlee Property are payable. Barmwer authorizes Lender or =_
<br /> �- � LenQer's agents ro cottect the Rents.and agrees that each tenant of the Property shall pay the Rents to L.eader or o
<br /> �+�, l.cndar's agents.Howover,Bornower sbali receive the Rents until(i)I.euda has given Hormwer notice of default
<br /> ': . pursuant w paragraph 21 of t6e Secudty Insuument aad(ii)Leader has givea nodce to the tcaant(s)that the Rents _
<br /> • -- are to be paid to LRmder or Lender's agent.This assignmeac of Rents consdtutes an absolute assignment and not
<br /> .�;�Y� aa assignment for add�Nonal se�ry only.
<br /> =._� If Lender gives aotice of breach to Borrower: (i)ail�ents received by Borrower shall be held by Borco�:ver
<br /> :;_-_;;,.:" aa tiust�e for the benefit of Lender only.to be appl�ed to the aua�s secured by the Securlry Instrument;(ii)Leader
<br /> -_==�,,y, ehall be endtled to collect and receive aU of the Reats of We Property;(lii)Borrower agcees that each tenant of the
<br /> -''-r�'�``' pruperty shall pay all Rcats due and unpaid to Lendez or I.ender's agents upoa Lender's wriucn demaad ro the
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<br /> '`�•± ,;° tenant; <iv) unlas applicable law pmvides otheiwise.all Rents oollect�i by Ixader or I.ender's ageuts shaU be
<br /> r��"'��=�' apglial first to the costs of tektng ooatml of an+d managing the Pmperty and collxttng the Rents. uecluding�but
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<br /> ':;�-, not lim�ted to. attomeys' fees. receiver's fees.premiums �n reoeiver's bonds, repair and maintenance wsts,
<br /> =���� insuraace premiums.u►acs. assessments and other charges on the Property.aud then to We sums secured by the
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<br /> .'.::A, Securiry Insavmeat;(v)T.�ader.Ix.nder's agents or any judiciaU��appolnted receiver shall be Uable to acoonnt for
<br /> ��".�-. only those Reats acNally received: and (vi) Lemder shal�.be endtled ro have a receivsr appoimed �o take
<br />:�:{;�.;� possas3on of and anar�ge the Praperty and co112�t t�s E�enu mzd pruflts derived from tbB Property wi'O�tavt any .
<br />_,�,1:_� showlA�a�w the imade�uacy of the Property as se�uity.. -
<br /> -_�..�-„�� If the Renis of the Property are not sufficIent to oove;fhe costs of tsildng contrel�oY and managing thB
<br /> .°�.�� Prol�ert3+aad of oo!d¢�n$the Rents eay funds expended by I.ender for such purposes s6all beeoma judebtedaess
<br /> -__�;=�,� of Bomower to I.ea38er sep�red by the Security Instrument pursuant to Uniform Coveaant 7.
<br />-__.,.;��:; Bqmower reprt�e�a'�and wasrnnts that Rorroaer has not executed eay prior assignment of die Iten�s and has
<br />"""�� not a�v�ll not perform anyr act that would prevent Lender f�m exercising its rights under�.i.is paragraph.
<br /> �� . UEnder. ar Lender's agents or a judiciaUy appointed ue�iver. shalt not be requir.°.(4 go enter upon, take
<br /> - cont�o2.ot mr maintain the Property before or aftes g�vit�g�noti'aE of default to BorroNex,�Ivwever, Leader, or
<br /> •. L�ecdeti•s�agents or a judicially appointed reoeiver.'maAy da sa at,auy time when a defauit v�..Any e�lie�tion
<br /> J��� of Reht��et�all not care ox waive aay default or�nvAlidnie any otlur rlght or remedy of Lead2x.��:.g,�s�t,�=raent of
<br /> Rents�ff c�e Pmpeaty sball terminate when all the sums secured by the Secudty Insttvmemt�'e�aid��t�,
<br /> -- — I. CROSS�DEFAULT PROVISION.Borrower's defa�ilt or breach under aay aeee'rT agree�eat'in whiah
<br /> --"" Lender haa an inteiest sball be a breach under the Secudty Iasuument and I.ender may invoke aay of tbs rem�es
<br />_° :,..,L— permitted by th=S�udty inswment. .
<br /> � BY SI(3MNG�LOW. Borrower accepts and agrees to the terms snd provtsions oontainod•� �is 1�1
<br /> Family Rider.
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<br /> ROffiRT W Wl1Lti8R -Bortower A WALI�R -Bartmrer �
<br /> - --_-- ' (Seal) tSea1).
<br /> -Bormwu -SOttowtr.
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<br /> -_—_�_` �-67 resos�.o� . vp.s m s Form 3170 8J88 -
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