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<br /> G. A3SIGATMENT OF LEASES.Upon L.cnder's rcquast.Borrower ahalt asslgn ta Lendcr nll lcnsrs of tbc
<br /> Propeny and al!securiry deposita made in connection with leusea of thc Property. Upt111 tIDC 11981�IiqlCfll, t�rndcr __
<br /> ehall have the dght to modify,estsnd or tecminatc tho exiscing Icases and to ezecutc acw Icascs. In l.�ndcr's sutc
<br /> dis�retlon.As used in this pnmgraph O,the word"tease"shail mean••sublease"if the Sccurity Irtsteumcnt is an _...
<br /> a leasehold. '
<br /> H. ASSIGNMENT OF ItENTSj APPOIMtYV1TRiT OF RECE1VEtii LENDER !N POSSESSION.
<br /> Borrawer absolutcly end uawaditionaity assigas and tranafera to Lenaer nll the rents and revenuca(•'Renta") of
<br /> the Property. regardlesa of to whom the Ytente of the Pmperty are payttble. Borrower authorizea Lender or
<br /> Lender's agents to coliect the Rettts.and agcers that eaah tenant of ttue Property shell pay the Renta to L,ender or
<br /> Lender's agents.However.Borrower s4e11 recelve the Rcnts until(i)Lender has given Barnower notice of default
<br /> pursuant to garagraph 21 of the Secu�ity tnstrum«at attd(ii)Lender has given uocice to the tenaixc(s)tt�at the Reeits ��
<br /> are to be paie9 w L.ender or Lender's agent. This assigaEaeat of Rents constitutes an absolute assignmenc and aot
<br /> ac assIgament for additiona}securlty only.
<br /> , If Lender gives nodce of breach to Borror�er: (i)a11.Rents received by Borrower shall be held by Bormwer
<br /> as truatee fbr the beaefit af I,ender only,to be applled to the suma secuc+ed by the Secudty Instnunent;pi)Lender
<br /> ' shall be entitled to coUect and receive ali of the Reats of the Propecty;(iu)Borrower agrees that each tenant of the
<br /> Property�rii3 pay all Rcats due and uapaid to I.end�r or Lendc►r's agents upoa Lender's written demaud to the
<br /> tenam; tiv)unless applicable law pmvides otherwise. all Reats collected by I.ender or Lender's agents shaU be �
<br /> , applle��to the costs of.takiag conuol of aad managing the Property and collecting the Rents,includiag,but
<br /> . not lianii�to, attomey9' fees, receiver's fces. Premiums on re�eiver's bonds. repair and mainteuaace wsts, --
<br /> � � insuraa�q�r�emiums�taaes. assessmet�ts and other charges on the Pmperty, and then to thc suans aecured by the
<br /> SecurIty.�nsirqment;(v)Lender, Lender's agents or any judicially nppointed meiver sbaU be 13able to account for �
<br /> : oNy thos��Rents actuaUy �iveit;.�apd (vi) Leader shail be e�atitted to have a receiver appointed to take
<br /> � ' possessioa oY and manage the•Prape}ty and coilect the Rents and profits derived from the Praperty vv�thout any
<br /> , ' '. , �� ahawing a9 to the inad�guary o�the Preperty as secudty.
<br /> ,� - � If the�tents of Wa �mperry are nqt enf�ctent w cover ttie costs of teking control of and man�lug tite ,
<br /> . Property:�nc3 of collecttng:the R�nts aay fi�ads eapende�by I,en�'for such purposes shall become�ndetitedn�ss. � �
<br /> of Borro�rbi'to Lender§ecur�d'by;the Seciirlt�Y I�su�imea'•.pu�uartt to Uniform Covenant 7. �-'. . � , ,
<br /> , � Barrotver regtes�nts and i�rart&ttts.thet'ilorsower.has ttot exeauted any prior assi�nmen�of rbe�Rents�aTxl3iaR � =
<br /> . , ' �•.no}�apd will not perform any act shaz�cvbt�td�reveutt I:erider.ftoni e�tercie�ng its rights under th{a p�ragr�►A.. � . �.
<br /> ' •. iknder, or Lender's agcnts ot,a�Judlc3alIy ep(w3nted receiver, shall noi be required to eater upon,take �
<br /> �v►nxs.t'�f nr r�snisuatr. t:w�n►.�rtv Dw#'iive or aRer aivin� r�nt�ce�.f Gefsnie tn Ba��r.w�s. Hoaever. Lendee. or
<br /> � Lender's agenu or a judIcdal�y appointai receiver,may do so at any dffie when a default occurs:Any applicazioa
<br /> . of Rents shall aot aua or•waive any defaulc or invalidate any other righc or nmedy of Lendet.This asslgtunent oF
<br /> ' � Rents of tDe Property shall terminau when all the susns secured by the Securiry Insuument are paid in ful1.
<br /> I. CROSS-DEFAULT PitOVISION. Borrower's default or breach under any note os agreca�ent in wluch
<br /> Lender has ut inunst shall be a breacl�under the SecurIty Instr�ment and Leader may Wvoke aa�y of tho remodies
<br /> permitted by the Security Insnument.
<br /> . BY SIGNIN(i BELOVIi. Bornower acapts aad agt�ee.s w the termg and pmvisions wataina! in this 1-4
<br /> ' Family Rtder.
<br /> � (�) �QR,t/IQ� � . (Seal)
<br /> . �1tL7S9EE+L H YiGLS6 �Botmaer LAVRA L WOI.SF , -Harcower
<br /> (SCaI) (Seal)
<br /> . .� -84rtawor -Bocrower �
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