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A,SSIG1V1VlENT O�LL��. lJpon Lender's request. Bomnwer aha11 assign to i.ender ali leasea of the <br /> '�•-� Prog�rty and aU seeurity dcpo�its nnade In cc+naection viftb le�.es oi the Pmgtrry. Upan the assigoment. Le�der � <br /> ' ' � �� ah�ll buve the dBdt to meQify,ex[ertd or terminate the eaiat3ug leases aad to executc new ler�sses.in Lender's sole � <br />_-� discretion.As used in this paragraph 0,e3�e wocd "lease'•shall meau"subtease"if the Secutiry lasuument is on <br />`�'"�� a leasehold. <br /> :, --�., H. ASSI�3NMENT O]F R1F.l�17'�� APFOYi�P!°M�NT OF RECEIVER; I.ENDER IN POSS�SSION. <br /> --�'""�� Bormwer a6solutely aud uncondir�onaqy as�igati and transfe�s to Leader all the remts and revenues(••Rents")of <br /> -'� thB Property, regardless of to wbom.dis Reuts of tbe Property are payable. Bortowex authorizes L.ender or <br /> �_�� Leader's agenta to collcct thc Rente.and agcees that each tenant of the Property shall pay the Rents ta I,euder or <br /> , Lendar's agen�s.However.Bort4wer sball rECeive the Rents un[i1(i)i,ender has given�orrower aodce of default <br /> :.�,=`�, pursuant ta pua�rapb 21 of thQ Secudry Insuvment and(ii)Lend6r has given nadoe w the tenant(s)that the Rents <br /> �I;l.�'.:;� aie to hs paid to Lcndar or Lecu!$r's agent.'IUis assignment of Rents oonsdtutes an absolute assigament end nAt <br /> -' - an assi�nraeuc for additional aecvricy oWy. <br />- =�;;x If Lend$r gives aalice o£.breach to Borrower:(i)all Reats received by Bomower shaU be held by Borrower <br />-_�=��'_ as trustee for thc beas&t of Laadsr ot�y. to b�applted to tho sums secured by the Securlry Insttu�m�ent;(ii)I.ender <br /> ����'``� shall be entlded t�callect and recelve.aU�of the Renu of the Property:(tii)Bomower agrecs thaz each tenanc of the <br />.,:"';:::.: <br /> Frcperty shall pay al�Renta dus aitd unpaid w L.ender or i.eader's ageats upsn I.end.:er's writte�demead to the <br />_-�,�,,., tenant; (iv)uniess agpltaabls Iaw provIdea otherw[se, all Renu oollectod by Lender or Lender's agenta shall be <br /> ti�-�: applicd fust ta the cests o�'t�ng conuol of aad managing the Pmp�rty and collectlag the Itents.iacludiaII,but <br />-,:.s"z aot 1unIted�to, aaor�asys' fces. mxiver•s fee�, premiwrs on z�oeiver's bonds, repair and aaaintenance oosts. <br />::`,,5��,; iasurance premluaos. taaes:assessmems and other charges on t��Propctty,ead then to the sums secured by the <br /> ,;;:(;;� Seciuity 1'asmurtents•(v)L�nder.Lender's e�ents or atty jwlidalty appa�nted recciver shall be liab2c to axo�rat for <br />,=+3-;�k only those Reat� actua}iy receIved: and (vi)L.ender shall be entitled w have a receiver appointed to take <br /> '.�.`��'y��? possessiaa oE ap8 manage the Property aad collect the Rents and prMits dedved from the Property without any <br />--- =- _ ' shovvI�aa ta the inadequacy of the Pcoperty as security. <br /> .,;�;� ' • Ii�tho Reats of the Pny�eriy ax�e aot suiftc�ent to cover the costs of taking control of uad managinq the <br /> ;-�w�� . Peoperty aad of coliecting dce Rents any tbads eape�e�by L.ender far such purposes shaU become indebtais�ess <br /> ��� ' tif Borarr�tver to Leader secund by the Secudty Tnstcument ptits�u+r�t te Unlform Covenant 7. <br /> 'y�{ • . ,8�arao�v¢r.represeau and warranta tt�at Borrower has not eaecuted any prior assignment of the Rents and hAs <br />._�- � not and�wlll nat perform any act that would preve�nt Lender from eacerc�aing iu rights under this parngragh. <br /> - "'�°`� LeiidE#,or I.ender's agents or a$�diciallY appointed reoeivcr,�st�all not be requiced w enur upoa, ta�e ' <br /> `:"�`� � s.onuol of oi�:m�intain t�Property befo:e or efter giving notice of defaWt to Borrower. However. L.cnder,or <br />��;;;.;� <br /> __s� Lender's age�ita or$jat�cfaUY ePPointed receiver.m�iY do so at any.time wbcn a default occura. AnY aPPlicatioa <br /> "� of Rents shaU�uot cure or vVaive any default or iavetiilate aay other rtght or reraedy of Leader.'This assignucent of <br /> Reats of the property ahaU urminau wh�n all the sums se�ured by We Secudty lnstn�ment ac�e paid in full. <br /> I. CROSS-DEFA[Jd.T PROVL4ION. Bomower's default ot breach under any nou or ageement in which <br /> Lender ha�an inierest sbat]be a breach w�der the Socurity Inswment and Lender may invoke aay of the remed�es <br /> permitted by the Secudty Insuument. � <br /> _ BY SIONING BELOW. 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