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<br /> G.ASSIGNMfENT OF LEAS�S. Upon I.ender's request.Boreower shail a.5sign ta t,endcr nit leases of thc
<br /> Prcrpsrty artd o11 sezuPlty depostts mndc in rnnnection �rlth leases of thc Pmp�rty.Upon the atisig�uuent.Lettder -
<br /> ehnll huve the dght to modlfy.extend or terminnte the exisdng leuses and to execute new leases.in Lender's sole
<br /> diFCretion. As use�in this pamgr�ph U,the word'•lease"sh�ll mean"sublease" if the Secarlry Insuwnwit is on �
<br /> n Icusehold.
<br /> H. ASSIGNMEN'� OF RENTS; APF(11NTMENT OF 1tECElY£R; 1.ENDER IN POSSESSION.
<br /> Bonow�er nbsolutely und unoondittonally assi�ns and t�ansfers to Lender nll the renta cu�d revenucs("Ren:s")of
<br /> the Property, regnrdl�ss of to whom thQ Rents of the Praperty ure payuble. Borrower author�zes Lender or
<br /> Lendor's ngents to collect th�Renta.und agre�s thut each tenant of the Property shall pny the Rents to l.ender ar
<br /> l.ender's agenu.However.Bambwer shal!receive the Rents urt�l (i)Lender hau given Bomower notice of defreult
<br /> pursunnt,to puragraph 21 of tha 3ecurity Instrument and(ii)Lender hos�iven notice to thc tenant(s)thnt the Rents
<br /> are to be paid•tq•i,�ndor or Lender's agent.This assignment of Rents constItutes an absolute assignmient and not
<br /> un,assignmerrt fqr,ptfditional security only.
<br /> •if Lendar gives natIce of breach to Borrower: (i)ell Rents reoeived by Bomower shnll hs held by Borrower
<br /> . as tiu�tse for the benefit of Lender only.to be applied to the sums secu�ed by the Socurity Instrumenr.(ii)Lender
<br /> shtill�be entided to collett and receive all of the Rents of tE�e t�+operty:(iii)Borrower agrees Wat each tenant of the
<br /> . Pro�xrty shall pay ali Reets due and unpuid o� [.ea�der.or�.�der's agents upon 3�ler's�rritten dPma�sd to the
<br /> � � tenant; (iv)unlass applicable law providss arl��eNis�; al1'Reuts collected by L.ender or Lender's agents shall be
<br /> ' appltad.•tirst to the casts�f tukin�contro4 og_a�dd t�tging the Property end oollecting the Rents.including.bnt
<br /> soi�Itmite�i to. attomeys' fees�,.r(xeiver's fees. pmmti�Qn receiver's bnnds. rep�ir and malnten�nce casts.
<br /> ins�uanoe premiums. taxes.s���:aents and other charges:osa the Property.end then to the sums secutod by the
<br /> Socurity Instniment;(v)Lender,�Lender's agenu or any judicialty appointed rereiver shall be liable to ncoount for
<br /> only thosc Rents•�ctually received; and (vi} Lender shall be entided to huve a receiver appoinced w mkc
<br /> • possessIon of azr�D mr�nage the Property and callect the Rents and pro8ts derived from the Property without aay
<br /> shotvin$as to the i�dequacy of the Propeety as secwity.
<br /> if the Reats of the Property am not sufficient w corer the oosts of taking mntrol of and managing the
<br /> ..., Prc►perty end of col[ecting the Rents eny furtds.�ended Dy Lender for such purposes shall become iadebtedntss
<br /> �f 1i�.ire��SYer;�I r�ir[r,rr��rpr!by thP Se.cvuitrr:IIiimument pursuattt w Uniform Covenanf 7.
<br /> ' ..,��, � tiorrower�+epresents and wanai►ts that Bortrovfer Nas not executed any prlor assigmnent oi the kerus and has
<br /> � ucR��wjli not perform any nct.t�aat woutd prevent Le�ee�fi:am exenisiag its righu nn�2r t1�fs paragr�ph. �
<br /> ' :;:.;�;ender, or I.ender's nger��or.',a jud3cially appoinu�d:�`�oeiver, shall not be r�Uired to eate�`i upon, take�:��.•�'�
<br /> oo'�.+i�ta�F�of or maintain the Properi�r'before 4t..�tter givIng�l�hpiloe of default to Botrovirer: However.�nder.or �' �
<br /> � ;�� Lender's agenu or u judIcially appointed rPCeiaer.may do so at any time;tivhen a default acc�us. A�'a,�lplicntion
<br /> , of itet�t&shall�t��ure or w�Ive any default.��:�ii�validate any other righY'�ir reri�edy of LxAder.This�signmcnt of ,�:;;;�:
<br /> `�'�`' Re��s.�the Prope�ty shall term[nate when all'ih@ swns secur�by the Secufity Instrument are paid in fult.
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<br /> ,�;:;;:;;.�•.._t•,;:�:�•.:�,'A;.f�R05S-DEFA[JLT PROVLSION.Borrower's defm;tli or breach Under any rtote or agreement in which
<br /> :'.:�:;�'•'T.�it�{�:r'�ias an lnterest shall be a breacL under the Security InstNment and I.ender rnay invoke any of the remedtes
<br /> •` •;�;;r, pemvfted by th6 Securiry Instrument.
<br /> �;;';;,;,',' BY SItiNUVC� BfiLOW, Bonrower aocepts and ag�+ees to the tenns and pmvIsions oontained!irr�thia 1�1
<br /> ' Fanuly Ridcr.
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