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<br /> G.ASSYGNMENT OF LEASES.L1pon Letlder's rtquzat.�orrowcr stsall�.sstgn to l.cader ail leases of the
<br /> Property and all securlty depostts made in coaaecdoa with leases of tke Pt+cgariy.Upon the assignment. l cnder
<br /> shsill have the right w modify,extend or temriaate the existing,leases and to eaecuta new leases,in Lender's sole
<br /> discretion.As used in ti�is paragraph G.the word"ieasE"ahalk r�ean"subleasa" if the Securiry instrumcnt is on �
<br /> a leasehold.
<br /> H. ASSIGNM�NT OF RENTS; APPOl1VTMENT OF RF.CEIVERi LENDER 1N POS,SFSSION.
<br /> Borrower absolutely aad uncondittonally assigns and ttansfera to Leader e11 the ronts and revenues ("Renta")of
<br /> the Property. ngardless of to whom the Rents of the Propeity are payable. Borrower awhorizes L�adcr or
<br /> Lender's agents w collect the Rents.aud agrees that each tenant of the Property shall pay th�Rents to Lender or
<br /> Y.ender's agents.However. Borrower shall rec:eive the Rents uatt!(i)Lcader has givea Borrower aotice of defaWt -
<br /> pursuant to paragraph 21 of the Security Insaument end(ii)Lznder has gtvea n�tice to the tenant(s)chat the Rents
<br /> an to be paid to Le�er or Leader's agent.This assigament af Rents consti�:�sn absolute assignment and not
<br /> aa assjgnm�ut for addiflonal saurtty only.
<br /> If�a�er gives natice ot bnac2►to Borcower:(i)aU Rea�ts roceived by Borrower ahatl be held by Borrower
<br /> as austea for the benefit of Lendtr anty,to be applicd to dv:stt�s sxured by the Sxudty Insuument;(ii)Lender
<br /> shatl be entitted to collect and receive all of t�e Rettis of the�roperty:(iii)Borrowa agras th�t each tEnant of the
<br /> �Opertyr shall pay a11 Reats due acd unpa�d to l.ender or Ixader's ageats�oa Lender's writtxa demand ta the
<br /> ' tenant;(iv)ualess epplicabla law provides otheswise, aU Rpits collecud by Lender or Lr�tder's ageuts shaU be
<br /> applie�l first w the costs of takiu�control of and maua�ing the Property aad collecttng tl�e Renrs. including,but
<br /> not li�niud w. auomeys' fces. ceceiver's fee.s, pruu�tu�s op receiver's bonds. npair aad maintenance coscs.
<br /> insvrance pnmiu�is,tatces. a�sessments cad otker'ch�ges on the Pr�perty. and then to the sums secuTCd by the .
<br /> S�urityr Insavment;(y)X.ender. Lender's agents or aay judlcEaUy appointes teoeiver shall be liable to account for
<br /> oniy thoso Rents acxut►9ry raeived; and (vi) Lender shait bb entitled ta�tiai►e a rcceiver appointed to take
<br /> possessian�of and manage the Pa�p�sty and collect the R�nts af�l profits dertved from the Property wtthout any
<br /> showiag as to the inadequa�y of tlie�'Praperty as secudty.
<br /> I�the Renta of the Pmperty are not sufHcient ta cover the oosts of teking oontrol of aad managing the
<br /> IMrperty and of collxting the Rents any funds expended by I.ender for such pu�poses shall beoome indebtedness
<br /> • of t3o�wer to Lender sa.v:od iry tice�i.�uatiy i�t,�t�nt�xusuaat ta YIn{fusm Ca�ssaat 3.
<br /> ' '�lorc�wer repnsents and war�ts that Borrower has noi executed eny prIor assignment of the Rents and has
<br /> not aki��vi}I noi perforni a�iy act that wouid prevent Leader froift exercising its dghts under tYiis paragraph. .
<br /> 7;,eRder. or I.ender's ageats or a judicIallY appointed rooeiver, shall not be nequired to enter upoa.take .
<br /> •�r.; control of or mainta�•�c Pmpe�t3+before or a�ter.BlvinB notice of default to Bornower. However. Lender.or
<br /> :: �•,: Len�Z'g a8ents a��;.�ui�cially appointed reoeive'r,.m2�y do so at aay time v�hett a default aocurs.AnY apFlic�tton
<br /> '����.�af ltQiits°�all aot aue or waive r�y.d4fanit or i�valtdate any.o��right or:remady of Lender.Tbis assigmmat of
<br /> Rp�s,�o�t�ie ProPertY shaU temri�titb arhe.n all the sums sxurec4 bjr the Socurlty Ynsuument�re.paid in fWl.
<br /> '�''�.'ROS3-DEFAULT PitOVI5I0N.Bomower's defau�t�of bneach und��y�fl�nr ageemsnt in which
<br /> ,''`;. I,ender 6as an in'tenat shall in a broach under thc Security Insuument aud i.en8er may iavoke any of ttue ccaiedies
<br /> , �� permitted by the Stcurit3'Insm�nunt.
<br />_ ., BY SIQNIN(i BELOW� Bomower acoepts ansi agrces to the cem�s and pmvislons containcd in ti�,i 1-4
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