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<br /> � ' (i.A331GN1dIENT OF LEASES.Upon Lender's requeat.Barrower ahall osaign to Lender all leases af the
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<br /> _ ,,;, y E�toperty aed ntl security depostta made!n canuecdon wlth leases of the Property. Upon the assigument,L.ender '
<br /> --r���� shaq h�ve the rigAt to cnodity.exund or termiaate ttte exlstiag leasea and to exc�;ute msw te.axes,lu Le��dee•s ao2e
<br /> . L• discretloa.Aa used in this paeagruph Ci.the word"lease" shull mean"sublease"if the Sccur#ty Wsuument ie on =
<br /> -� a leaschold.
<br />':`� H. ASSIGIVMENT OF RENTSi APPODVTMENT OF ItECEIVEYti I.�NDER IN POS�tTSSION.
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<br />��;� � Sorrawer absolutely aztd unaondiUloaaUy assigas aad transfe.�a to Lender a11 the rents aad revenues("Renta")of
<br /> :,:.� We Propany. ngardless of to wkam the Rents oP the Prnperty are payabla. Borrower authortzes L�rnnder or
<br />-- '- _:�� Lsader's agents to call�ct the Rents.and agnes that eacb tenant of the Property shaU pay the Rents to Lender or
<br /> Ltindu's ageass.How�ver�Botmwer s6a11 eseoeive the Renta uattt:(Q u��r has given Borrower nodce of default
<br /> - . pursuaac to paragraph 21 of We Sauricy Iasuument and{ii�)I,ertdat bas given aadce to the tenant(s)that tha Rents
<br /> are to bs patd to Lendcr or L,cnder's agent. This assIg,nment ot Rcsnta coAGtlWtas an ebsolute assigpment and not
<br /> '`�"��.. an assignment for additional aecurity onty.
<br /> If l.cnder gtves aoua of breach to Boirower: (i)all R�ts reaived by I�oraower shali be held by Borrower
<br />����;i� as uuuc�for the benefit of l.ender anly,to be spplied w the su�as secured by the Security ivatcuaaent;(ii)L,eader
<br /> -_'�`'°"� shali be en�tled to collect and raxive all•of the Rents of the Properay;(iii)Borrower agrees tbat each t�nant of the
<br /> ° �— progetty sball PaY all Reats fi?e aa�]��p�id w I.endsr or l.ai►dcr's agents u�xsn I�eader's writtan demand w the
<br />:��� . t�ant:(iv)uNess applicable law provides ot�erwi�.all Reats asllected bp.Lander or I.ender's agenU+SS�aU be
<br /> ,__�-�:� applicd flrst to the oosta of taldng oontrol of aztd managing the Property and.+4a1��cting the Rents.includit►tg,but
<br />.":.:�� not liwit�{to. auo�ys' fces. receiver's fces. Premiums on �eceiver's bondo. repair and maintenanoe �sts,
<br /> '_L -- insu�a�premiums.taxas.assessmeats and ather cbarg�s on.i�a l�mperiy.attd thea w Uu sums securod by the
<br />�`�"'��� Saaadty Inst�ument:(v)Lender.T.ender's agents or anY 9u��Y aPP�inted roaiver shall be liable W aaount for
<br /> ;ryu„��,;� only those Ren1s actually reoeived; and (vl) L�emder ehall be entided to have a recxiver appointed w take
<br />_-==-- - posses�ion of and manage the Propeny and oollax the Rents and profits derivat frora tbe Property without any
<br />..a:--.��� • showing as to the inadequacy of th,e Property aa sccuriry.
<br /> �! if the Rems of the Propertlr a�w:not suftteient to cover the costs of taidng cona+ol�of and aianaging the
<br /> — — PmpenY �nd ai wllaxinR the Re�um,y.taads expanded by I.endcr for such purlwsea shall�Become iadebtedness
<br /> of Sosowet to Lmdet securdd bY i�e Secur�ip dms¢a�nrut lwtst�smt w Ustiforal Covenant?.
<br /> ` ----___ � BotroaGr npresents and aangnts th�t Bo�tira►?�r.r�as not exexuted suy pelor assigorae�i of ttce Ite�is a�td has -
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