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<br /> G.ASSiGMVIENT OF LEA3FS.Upon Lender's request.Borrower ahall aAaign to Lender all leasea of the —
<br /> l�ropetty and a1l,aecurity deposlts mada in wnnection wiW leasesof the Pmperty+. Upoa the asslgnment. L.ender
<br /> shall hAVe We rlp�t to modtfjr.eatend or tem�lnate tho exiating leases aad eo eaerute aew leases,in I.ender's sole �
<br /> discretion.Aa used in this�aragraph O�ttta word•'Ieace"shall mean"sublease" if the Security Iastnuaent is on `
<br /> a teasehold.
<br /> H. ASSIGNiNEN� OF RENTB; APPOIIVTMENT OF ItECEIVER; LENDER IN P03SFS3ION.
<br /> Bon+ower absoluuly aad uncondidonally asslgns aad traasfere to Lender all We rents aad revenues("Rents")of
<br /> the Preperty. ngaMlcss of to whom We Renta of the Property are payable. Borrower authorjzes Lender or
<br /> Ltnder's agenta to collsct the Renta,and ag�ea that e�eh tenant of the Property shail pay the Rents to Lender or
<br /> Lender's agents.However,Borrower ehall receive the Ra►is untll(i)Leader has given Borcower aotice of defauit �-
<br /> pursuant to paragt�ph 21 of the SecurIty Inatrumcnt and(ii)Ixadet has given aotice to the tenant(s)that the Rents
<br /> are to 6e paid�tp Lender or Lender's agent.T6is assignment of Reata coastitutes an absolute assignment aad not
<br /> an assigau�nt�fttt additional securlty only.
<br /> if I.ender gives nodce oY breach to Borrower:(i)all Rents nceived by Bomnwer shali be held by Borrower
<br /> as tn�stee for the benef:t of.l.eader only.to be appliat to tho sums secured by the Sccu�iry Insm�ment:(ii)Lender
<br /> shall bo entiticd to collect and ceceive all of the Renta of the Prop�rty;(ill)Bo�rorrer F,�es th�t each cenant of tha
<br /> Ptoperty shall pay all Rents due and uapaid to Lsnder or Lfxtdet's agents upen]l,en�er's written demand to th�
<br /> tenant;(iv)unless applicable law provides othetwise.all Rents coUected by Lea�rr or I.ender's agents shall b�
<br /> applied flrst to the eosts of taking control of and managing the Yrogerty and ooile�tir�the Rents. including.but
<br /> �xo3, Umita! to. attomeye' fecs� raxiver's fas, Premiums on raxiver•s boads..n�ir and mainteaance costs,
<br /> iasurance Piemiums.taxes.assessments and other charges on t�e Pmperty.and then to the sums secured by the
<br /> • �esurlty Lnsuuaxnt;<v)Lender�I.ender's agaata or any judiciaUy appointed reaiver shall be liable to aecount for
<br /> , only those Rents actually �eeeived; and (vi) Lender shall be eatided to have a receiver appointed to tak+e
<br /> � possession of and manage the Property and collect the Rents a��srofita derived from the Property wIthout any _
<br /> s'�owing as w tha inadeqnacy af the Property as acc�riry.
<br /> � If the Rents of tho Property are aot su�cient to oover tEe costs of tating control of and managtng the
<br /> An}�erty and of wllect�ng du Rents any ftmds expeadod by Lender for such purposes shall become indebtedncss
<br /> of B�rmwer to�.ender secured by the Se�urity tnstniment pursusnt to Uniform c:ovenant 7. "
<br /> Bon�ap�r repres�nts and wuraats that Bomower has not exa.uted r�ny prlor assigwaent of the Rents aad t�u�
<br /> ' , � not�and wW not perEorm amy act that would pievent[�endu frum exercIsing its dghts under thls para�raph. '
<br /> , Lender, or I.ender's agenta or a judiciallY appa�nted reaiver.shaU not be requirat w enter upon. t�ce :
<br /> ; � oo�►tiol ot or t��aiatain the Pmperty be8ore or aRcr giving�otia of defaWt to Bosower. However, Lender,�oi �
<br /> Le�der's ag�ets o#a judtcislly appointod receiver.may do so at my Hme ahen a default xcurs.Any applicadon
<br /> of�Lente shail sx�i cure or waive any dafault or�avalidate any other rlght or nmedy of Lender.This assign�ient of
<br /> . �ts�of the P�operty shaU temoinate when ell the sums savred by the Securlty Wsuumeat are paid in fuU.
<br /> I.CR03S-DEFAULT PROVISION.Bomower'a default or bnach under any aote or agreement ia whic�►
<br /> Lender hes an iatenst s6aU be a breach aader the Secudty Iasuvment and Lender may iavoke suy of the remodi�a
<br /> petmitted by tht Scxuiity Insuwaent.
<br /> BY SI(3NtNti BEIAW. Boicuwer aa�epts and ag,cees �o the teims and pmvisions contaiaed ia this 1-4
<br /> F�n,ity Rider.
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