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Unan l.render's reguat.Bo:rower shuU assign ta l.endcr all leases af the - <br /> Property and atl security deposiu raada ia corutscdon wlth icases off tke.Property.Upan the ussignmeru. C.ender -- <br /> shaU have the dght to modit�r.eatend or teta�lnate tke exiatlag leues and to exccute new teases.in Lendsr's sole <br /> disrmtian.As used in this p�rnB�aph a, the wo�"lease" shdl nxan"sublease"if ehe Security Instrumenc ts on =- _ <br /> a Icasehold. <br /> H. ASSIGNMENT OF REN'I'6; As�411VTA�NT OF RECEIVEI� LENDEIt IIV POSSESSION. <br /> Bocrower absalutcly attd uaconditlonully a�a9anA and uens�en to I.ender all the rents a�W cevcuuss("Rents")of <br /> the Piroperty. regArdless of w wt►ara tba Renis of the Propeaty are payable. Borrawer authorizes L.ender or _ <br /> Lender's agenta to collect tho Reaus,ar�d aBcePS tbae each tema�of the Property shall Pay th.Reats to Le�tder or <br /> Lendar's agent�.Hlowevor, Borarowc►r slwlt recelve the Reuts until(i) Lendrs has givea Bocmwer nodce of default _ <br /> pursuant w paragcaph 21 of Wa Secudry Inatruntent aad(ii)Lea+der has giv�u moNce ta tha teaant(s)tt+at the Rents <br /> are to be paid w I�nder or Leader's a�eat:,.Thia assignment of Rtau oonstitutes aa absolutc assignment eud aot <br /> an essignment for additianal sscurety only� <br /> I�Lender glvoa aotIce of btr,aah to Eor�ourer:(i)ell Reat�roceived by Bomower sb�!ba held by Borrower <br /> as avstee for the beneftt of Lender only�►A 1sB appliod w the smoas secured by the Sxurity Iosuum�ent;(ii)l.cadsr <br /> sbail be entitled w collect and receive all,uf tbe Renta of the Propeny;(tu)Borrowu agras tbat each tenant of tGs <br /> . ' grnpe�:y sUa1I pay aii Renta dus and u�fcf ta LEad�oz I.ea�rr's age�ts t�gon Ixadu's�veit�ra d�aad t�ths � <br /> tenattt; C�v)ualaav appltaable IaN piroufdea�iheranse. aU Reats wllo�ed by Leader o:Lend:r's agents sha11 be — <br /> aPP1Ied lirat w the co..�ts of takf�ag wnu+ol of mid mazia,ing tde Property and oaAxang ths ltenu.includinE.but <br /> not limited to. suomeys' faos, c�.�seiver's fces. Premiums on receiver's bonda. cepair aud maintenance easts. <br /> insuranca pnhmlwne,taxas: a9scss�ents artd other charges on tlie Propeity.aad.thcu to the sums secured iny du <br /> Secur3ty tn�u�Bnt:(v)Ix�rux,i�ider's�,�its or aay judidaily appointod receiver sha}1 be liable w account for <br /> oNy tho� Renoe asx�relty �ceived; and�(v1) Lmder shal!be entitled.to have a ceoelier appolnted w tsice <br /> � � possessIan of and mana$e,xP�s�a�eity aud coilcct the Renta and pmfits d�rrlved fmm the Pmperty without any <br /> . shauu�na t+s to the_1n�dWUn��rP 2he Pnapertyr a�securitY• <br /> • I��thB�Rents oE tfte INtiriFerty are not sdfflcieat W amver tha costs of taking cantrol of and managiu�g the <br /> Ptvporty epd uf�collecting the Rents aay fiu+�expenalcd by Lender fot siuh purposes shall�eoome iudebudness <br /> . st��tsa�.��t'3ts.i�t��3!it�e Gar�ra�+Inauummt pnmLant eo Uaiform Covenant 7. ' � _- <br /> �qmasvsr rdgnsents and q►ar�au{s�a6at�9omawer h8s,avi e�auted a�r prlor assignzment of the Rents aad has ,. <br /> naD and+�1�nof pesform aa�r�c?tt�at q�duld>�►Yev�nt LendC�;gtOm pICICISIII$ItS ilghLS ilAilEY thiS j13i8gl�[1h. •�; ,;.. <br /> X.,�tder. or Lender's agef�ts�ba a�,3idd��i�tiY ePPointed nexiver�s�all nat be ceqnired co encer upon, teice�,� ., :�.,::{.:': <br /> cantmUtlFar maint�in the PropErty hefore•er'after giving notzaoi�dsiault to Borrowar•However�I.ender�or <br /> � i.end�r's�agent�cpF a;�udIcia]ly appoimed t�ceiver.may do so as anyr tia�•xrAw a default oocura.Any appl�c�ation � '• <br /> ` of Reau sDall ao,4�re or waive any default�or invatidau any ot3ut righe or ramedy of Lender.lLis•aseig�omeat of �� . <br /> ..�, ,� Rents of the�ra�feily shall terminate when all the s�ms sxund by the Sdcurity Insuusnent are paid ia full. <br /> I.CROSS-DEFAULT PROdISION. Bormwer's dcfault or breach nadta aay aou or agreement in whfch <br /> L,ender has an Inurest shall ba a bm,ach under the Socuriry ins �mrnt�qQ Le.uder mayr iaeoke aay of tht remedies <br /> peimitted by t�c Secudty Iastn�mant• <br /> BY SI(3MN(f BBIAW. Bomower�cacepts aad egc�ees to the terma and provisioas ooataincd ia this 1-4 <br /> Family Rider. <br /> �L/l��=Q1'1� (seat> . .tSeaiD ::,;�: <br /> DAYID A HSED •Borrower x"BEILD •,��' ;�p�aaer•.�:<' .`P <br /> � ,., � . <br /> (Se21) .,...•. �S�),. <br /> -Bonower �Eormwer�.• <br /> �`•�, <br /> � '�� . <br /> �-G7 tesotl.at v+o�x o�z . 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