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<br /> G.A9SIGNNiENT OF LEASFS.Upon l.ender's n�qucst, Borrower sha1D nssi�n to Lender eli teases of tho
<br /> praperty and all sxueity d�poslts made in wnaection witb leases at the Propeny. Upan the assignment.Lender �
<br /> sh�ll have the dght to modilj►,eatend or terminate the e�tisting leasa and to cxecute new leasc.w.In[,cnder's sole _
<br /> discrettor�.As used la thIe paragfapb Ci.tite word"icase"chati�:..w"sublc;a�c"if the geeueity Ia:teurizcnt ia an �
<br /> a leasehold.
<br /> H. AS�IGY+TMENT OF REN1'Si ���NT �F RECER�ER� LENDER �1 POSSE�,4ION.
<br /> Borrower absoluuly and uacoaditionally assigns and tranafers W L,endsr all the ceata end revenucs("Renta")of
<br /> the Propeny. regar�dless of to whom the R�nts of the Property ere payable. Borrower suthotizas LendR:r or
<br /> Lender's aganta to collect the Rents.and nge�ees that each canaut of th� Propsrty shall pay the Renta to Lender or
<br /> Lender's agents.However,Borrower s6aU rcccive the Reat�unlit(i)Leuder has given Eo:rotver aatIce of defaalt -
<br /> pw�suaat to paragraph 21 of the Securlty Iasuument end(Ii)Leader has given uotia w the tenant(s)that the Rents
<br /> �ra w be paid to Lender or Lender•s agent.This assignmcnt ot ReatB aonstttutes azt absolute assignraent and not
<br /> an asslgnment for addINonal sxudry only.
<br /> If[�ender gives notioe of b�to Bomnwer:(i)all Renta realved by Borrower shall be h�ld by Borrower
<br /> as uustee for the benefit of Lender only.to bo applied w the snms axurcd by the Sxuriry Wsaument;(ii)Lender
<br /> ehall i�e entitlod tn oollect end reoeive aU of the Rents of[he Property;(iti)Bommwer agrees that each tea�r►t of the
<br /> Property sbaU pay aU R�enta dne and uapaid to Leader or L,ender's egents upon L�der`s written demaad w the �
<br /> tcnant:(iv)ualess applicable law pr�vides oth�eiwise.a�l Renta ooUocted by Leader or Lender's agents s6a11 be -
<br /> appllod fi�st tp the costa of taldng contml of aad managiag the Fs+operey and oollectlag the Rems.including.but
<br /> aot llmitad ta. sttomoys' fces. reoeiver's fas, Premiums on realver's bonds� repair and mainienaaae wsta.
<br /> insurancs ptemiums.taxes.asses�neats and other cbarges on the Propeny,aad then to�he swns secured by the
<br /> 5ecurlry Lasuvment:(v)Is�nder, Lender's agems or aaY 9��Y ePP�jnted rxeiver shall be liable to acaount for _
<br /> only those Rants actwilly rea3ved; and (vi) Lender sbaU Ix endtled �o have a receiver eppointed to take
<br /> possesslon mf anQ mwage tha Property an�oollax tha Rents aad pmfits derived&+om dse PmpeYty wIthout any
<br /> showing as t�aho in�deq�acY of tLe Pioperty as s�eGUiry.
<br /> If the Reats of the Fmperty are nai sufflcient to cover the wste of ta�tng c�nirnl of sind managIng the
<br /> �ropelty aad of oollocting the Rents aay fuads w�pecded bY Leoder foz such putpos�shall bxame indebudaeas
<br /> � af�SOrmwer co Lencfier saucod bY d�aa�uii�r�S��t�ta U�dfs;�m�a�t 3.
<br /> 8orrmwer representa ead warrants that Borroiver has not execuud a�+prior assignmsnt of the Rents and has
<br /> not aad a►ill nat perfarm any acc tLat wauldprevent I�e�ader fmm�ace�cisfng its rights under this parqgr�ph.
<br /> Ltnd�rT?ar L�nder's ag�ts or a JudicizUY aPPointed reoeiver, shall �t be required to arter upon, take
<br /> ��tro1 of ar m�int�in the Property before or after givin8 nadc�e of default to 8,ms�+qaer. However. L.�emder,or
<br /> .'�Y�adtt's�ea�ts or a judicaaL�j a�pgainted reaivu,maY do so at aay t�u�hra a dElFaolt eoc�is.My eppli�ativn
<br /> ", -,of Rents shall not cune or wai�a eay default or invalidate any other dght or nmedy;of Lender.This asslgnmen�af..
<br /> � � • � Rents of the Ptop�ty shall termir�ate when all the sums sccured by tDe Securiry Instrun�ent az+e paid in fu11. � .
<br /> `�?' � I.CROSS�DF3�AULT PROVISION.Boirowos's defaWt o:breach uuder an3r pote or ag�eement in which ...
<br /> l�eader Las an fnterest aball De a brear�under the Sxuricy Inatwneat and L�dsr may it►voke aay of the remedies
<br /> permttted by the Secudty Iost�ument. •:
<br /> �' BY SIO1�iIDtG BEIAW, Borroaer aaoepts aad agn�es to d►o tezms and prqijis�ons wntainod in tLis 1�L
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