|
. �,.�_ �. . �{, f..� . , w-:�.--:-•--- ---_-- (
<br /> �+A'^ �u� pyAlX�3.l tr�i 1�T�•� hA� .'SfJL��tS�CSi`SlE iy.�l�` tlP��^{c 1 5 ��� � 5� ' !1 -
<br /> _ t�f� .��4ut J .'� �g �2 ,.,�t r I � `Y h�•� .�Y'•�.�(� t;. + � _� � _ .''_.
<br /> i il.:l '� '(h 4t '..t -�d .� �,y 'Y�" � Y�t�.'+�E�,.,�r;...;a
<br /> .`h,.r�. ;_�i�. . rf+�''; -?;`..,.�, � `,�• y„�.�i1N� ,f�[�ti�3 .
<br /> �i 't5'°"h F z _�Y.K
<br /> , • 71'^ apk��
<br /> �j � 1•.+i�"':. Y...... . �.. . . . �i.tie_=.°rt"'�e��.
<br /> �'Y'.3fFC!�'^'� ,�k�'+�.+�"(�'. . . - ._._ .,�:_7'1'1�^I{��iL':4�3/•!e-�.i.a... ._ ..._ .._..
<br /> . . .
<br /> ... .. . .. . ___._._..' ._ _ ��.�__y.._...._-:.::�..___
<br /> .:.�.���...�...�.t.—�J.3..�.��L.v.lfs.-—�_ - ..
<br /> — --__��.�.��� .�.'����r — _ — _--�.f..)�'f'I'.}.�.�.�.�_.rV-_44���_wui-a....u_."—
<br /> ' ' 1iaL':n�c�� . ..-a... . � :^...��!"� .f`]� — _ __ _ _ _ _ _— __ _�_ -
<br /> ...-... . .. .._._-�.� .... � _ ._ .... - ...
<br /> _..._..._ .�[�.��...�..�......� .—.._..��.�...,.a - - -�r-�u:u..�....� .�...�...��..�....��i..�. —.._'
<br /> _'___--`.____—_—____..' _._.'__ .������:�����irrr��-rrar. . _. __... .._..__ -. ___ .. _..
<br /> 9g- 1����
<br /> G.ASSIGNMENT 0�'LEASES.Upon l.ender'y request,Borrower sh�ll assign to I.ender all Icases of¢ha
<br /> Property and alt secudty depusi�y made in connection with lcuses of tha Propeny. Upon the asslgnrmnt. L.endcr
<br /> � shall have the dghi to malify,extend or terminate the existfng le:ises and to execute new Ic�scs.in i.ender's solc
<br /> discrc�fun.As uncil in tEais p:iragr�pi�G.ti►e wurd"teuse"shalt ctsean "sublease"If the SecurIty Instnunent is on
<br /> a teasehotd.
<br /> H. ASSIGNMENT OF RENTS; MI'OINTiVi�NT OF RECEIVER; LENTDER EN PQ.SSES�IUN.
<br /> Borrower ubsolutely and urtoondittonally ussigns nnd trunsfers to Lender�ll the rents c�cd eevenues("Rents")of
<br /> the f�roperty. regardle�s of to whom the Rents of the Prapetty are payable. Borrower authori�as Lender or
<br /> L.ender's agents to oolle�t the Renta,ar►d ugrees thut each tenant of�he Property shall pay the Rcnts w Lender or
<br /> Lcnder's Agentx. Hawever,Borca�ver shall re�eive the Rents undl (i)i.ender has gIven Bonroaer notice of default
<br /> pursunnt to paraga.ph 21 of tha Security Instrument and(it)I.cnder hns gtven nottce to the tenunt(s)that the Rents
<br /> are to be paid to Lender or I.ender's ugent.This assignment of Rents constitutes an absolute assignment and not
<br /> en essignmeut for additionai security only.
<br /> If Lender gives notiae of breach to Borrower: (i)all Rents received by Borrower shall be held by Borrower
<br /> as uustee for the benefit of L.ender only,ta ba.,t.+plled to the sums secured by the Security Inshwaent;(ii)Lender
<br /> shall be entitled to wllect and ceg�i���all of�thp Renta of the Ptopetty: (iii)Borrower agrees that each tenant of t6e
<br /> Yropercy shatl pny �II Rents due;�t►d unpa�d co I.ender or L.ender'a agents upon Lender s wrltten demend to 2i��
<br /> o�nant; (iv)unless applicable law provides otleerwisc.ell Renta cdlectod by I.ender or Lender's agents shell be
<br /> applied first to the costs of taking control of and managing the Property and collecdag the Rents,includIng.but
<br /> � not limited to, anAmeys' fces, R+eceiver's fees, premiums on�ceiver's bon�ls. npair and maintenance casts.
<br /> in�ps�nce premiums,taxa. assessments and other charges on the Propecty.and then to the sums secv�+ed by the
<br /> ��curTty Insmunent;(v) I.er�,der,1Lender's agents ur any judir:ally appointed raoeiver sliall tse Nable to ao�unt for
<br /> a��tly,�those Rents acwally resaiv�i; and (vi) Lendec sh�t� be endtled co have a mceiver appointed to tate
<br /> possession of and managa the Property and cp�ltect the Rents end profits derivai from the Praperty without any
<br /> � showing as to the inadealuacy of the.Proneriy�►s'sexurity. -
<br /> ' � If the Rents of the PropE�;A�e aoi;stlff'icient to cover rbe oosts of taking oc>maol of and managing the
<br /> Property and of oollecting che�;ents�ny funds expended by I.encler fur such purpq�es�fiall beoome it►debtedness
<br /> of Ho�soworiv I.c..dc��utsc�#y��,ci'�`'.�►�ty i�st�ur�►�t�ursaard tu i3���v€naa�t 9.
<br /> 8orrower repr�sents and�variants th�4_:�oifa�ver has not exer,�ted any'•p�ior assi�nt of the Rr,ats and t�as
<br /> not and wip not perfomn any act thet woult�;pi��dnt Lender fc+om exercising ifs rights under this paragrnph. _
<br /> , Lxnder, or Lender's agents or a judic��� appointed receiver, snall;pot be required to enur upon, take -
<br /> canlrol of or maintain the ProgeuEy before or after givin��i�adoe of deY�ult to Borrnwer. However,Leuder, a ; ,
<br /> : h.:en&r's agents or a judicial_!r��aLnted r?�eieer, may�dsn sa,nt sny time when a defti�li t�ur•s.Any anpli��n..��•"
<br /> ,�,y�;; �ol�Itents s6a11 not cure orwaivg�►y•dcfatiltaf.�nvalidata��.^Sy�mtberright�o�;setnedy o�'��eqder.Thts assignmera+c�t;..,��'.,�,;
<br /> .: ,�::.., � . ::
<br /> �: ;�•, .� Rents of t he Property s h a l l te�t¢w hen i�1 2 i���ums seo i u c d by t he S e durity Insmurtent are psi d in t L l l. %��'
<br /> � I.CROSS-DEFAIILT P�tQ�VYSION.Boirower's d.e�TiUt or breach under any qote or ag�eement in v�hich.��.
<br /> Lender has an int�rest shdl be a;#►reach under the Securiq�?c�suument and Lsnder msy xavoke any of the recnedie;'�'..:,:
<br /> peiiiii3ted by the Security Ias�tii�sir,iut. ' ' � ����: ; .
<br /> .,.BY 5I(iMN(3 BEIAW,,�Borrower aaoepts Rnd agrees W the tem�.q and provisions containod in this Id�:�'
<br /> Family Rider. • �
<br /> ` _ �� , . . ��. �— .
<br /> , E���ap,�� ���-�:���-.�s�n . ' .„ (s�)'�• . ,.
<br /> Borrower �� �9om�aver;:�,..
<br /> . •� (SC81) ��)
<br /> . -Borrower � -Bormwer .
<br /> •• • , � :.
<br /> Fom►3170 3183_�',,
<br /> .�
<br /> , ,..
<br /> ;
<br />
|