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<br /> G.A33IGNMEIVT'OF LEASE3.Upon Lender's request.�orrower shni!osaign to l.ender all les�ses of the
<br /> Praperty and all securtry depesita mstda ia conaecdon with leases of the Propeny. Upon the assignmem.Lender
<br /> shaU�have We rlght to modify,axtend or araiiaate the existiog leases and to execute new leases�in Leader's sole
<br /> dlscretion. Aa used in thla paragraph 0,the word"lease'• s6nlb mean"sublease"if the Securlty lnstwaent is on
<br /> a teasehold.
<br /> B. A33IGNMEN'1' OF RENTSi APPOI�11'MEN7' OF ItECE1V�1� LENAER 1N POSSESSION.
<br /> Horn►wer absolutely and uncoadidanally essigas and tranafers to Lender aU the reuts aad revenuea(•'Renta")of
<br /> the Pmperty. regardl�as of to whom the R�nts oP tha Property an payable. Bornnwer suthorizea Lender or
<br /> L�nder'a agents to collxt the Rents.and agczes that euch unant of the Pcoperty shall pay the Rents to Lender or
<br /> L,ender's agents.Hawevcr�Bormwc�r ahall receive the Rents umtfl(i)Lendcr has given Bormwer notice of default
<br /> pw8uaat to paragrapb 21 of tl�$ecudry Insuument aad(i!)l�,der has givea notice to the tenant(s)that the Rents
<br /> are ta be paid to Leadcr or Lr.�[er's agtnt.'ILis assignmcnt of Rents constitutes an absaluu assigament and not
<br /> aa assignment fos ud,didonal securlty only.
<br /> If Lender giv�s nodce of breach to Busravs+sr:(i)all Rents received by Bomower shaU be held by Bonower
<br /> as ttustee for ttte heuefit of Lender only.w be agplltd to the sums sacured by the Security Insuument;(ii)Lender
<br /> sLall be entid¢d to collxt and receive all of the Rents of the Propeny;(iii)Borrower agrees that each tenant of the
<br /> Pnoporty shaU pay aU Rents due aad uapaid ta I.ender or Le�tder's agenta u�on I.euder's wriaea demaaid to the
<br /> tensat; (iv)unless appli�at►le law pmvides olberwise, al! Rents m!!�by Lendsr or Leader's agents ahall Se
<br /> appllai flist ta the cwsts of talring coatrol of�md managing the Property and coflocting the Rents. inciuding, but
<br /> not limite�l to, attoxaeys' feas, reoeiver's:fees, premiwns oa receiver's bonds, repair and m:1iu2�nauce costs,
<br /> lnsureax pnmiuma.tax�.s.assessments�ra�other charges on ttu Prop�tty, aad th�n w the suu1.4�seaired by the �
<br /> Securlty Insuument:(v)Lendr,�,Lsnder•�ageats or any judiciallY 8PPo��d receieer ahall bs liabl�to account for '''."
<br /> onty those Ronta ecd:ally m.�eivelU�and (vi) L,ender shaU b�eatitled w have'{►roceiver appointed w take�..
<br /> passession of and manage tt►e,�ropetty aa�coUect the Rents and pmftts darived f�b}n'the Propet�y without tuiy.�; � :.,,.
<br /> showing as to the inadequac.y of the Pmp��y.aa saurIty. ,'. :.�" ��;
<br /> If Uu Renta of the l�ropeny an t�tit�sqffiicIent to eover the costs of caling oontrol of and �nanaging the
<br /> Y►�c►perty and of collecting the Rents any liinds expended by L�eader for such purpos�s 5�11 become indebtedaess ;�. '�:
<br /> af Borrower W L.ender secured b}r the Sxurity Instrumeat putsuant to Unifoim Cov�uant 7. ,
<br /> ' $orr�wer�r�rnt��nd�WA�t*Is ih2t�1m4ver!�s*_�t exec�t!+�12+1y�ti�';�s8i�+in�t ef the Rents and has•
<br /> not and wiU aot perfo:m any act that would pnvent Lender from exerFlsing its rIg�t�uader this paragraph. �
<br /> I,eader.tar I,,ender's a�tata or a judiciallY aPPainted receiver. sha{l�aot:�:�equired w enter upon, take . ,:,
<br /> cun�a!af 4r.'a�int�in cho�Prnpccty befor�o:after giviag noaia ol.de�a�it:i���Boiirower. However�Ixude�'.or .' , ,
<br /> i.emc�e#'s's�e.nts�or:a judieiaU�►:appointed neeiver.may da so at aay dme whCn'�,de�ult occurs.Any appllcatiqti., . ';..�.,:,�.;..� .:,'.
<br /> of ttents shs�i,uqt cun or viialve az►y default or imalidate any other dght or iemedy'of I�ender.TWs assfgameat:oY...��:; '., � :: ..
<br /> Itenis of the•piap;�rty sLait terminate whe��aU the sums secund by the Seeurlty Iastiument are gaid ia full. .. ��r;:�; � �_'�=
<br /> I.CROS�DEFAULT PROVISItiI�i..Borrower's default or breach under any aou or agre�nent iu wtuc}� �i� ..�; �,. .
<br /> Lender has an interest ai►all be a brearh uader the SxurIry Inatrumant aad Lender may 3molce any di tha nmediCS :�: •
<br /> parmtued hy the SecvrIty Instn�meni. •
<br /> BY SIGNIIQG BBLOW, Bornower accepts and egrees co the terms and provisions wntained in this 1�4 ,:.
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