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ASSICNMENT OF I.EASES.Upon tander's request.Borrower shsill asaiga to Lender eil leases of thc <br /> Property and all securlry dsposits made in wnnecttoa with lease,a of the Pmperty. Upon the assignmtnt,Lender _ <br /> aha11 have t�e rigtis. to u�dify,exteud or eermi�ate the existipg leasas and to execate ncw Icascs,iu 3L.c�uicr's sale � <br /> discretion.As used in tisiis parqqraph Ci.the word"lease"shall mean"sublease"if the Sxw3ty Instrumcnt ie on <br /> aleasehald. <br /> H. ASSIGNMBNT OF ItENT'S: APPODVTNiENT OF RECEIVER; LENDER IIV PO.S9E38ION. <br /> Borrower absolutely and wkonditlonally assigns and uansfers to Lender a11 the rents and rovenues ("Rents")of <br /> �e Property. regardleas oi to whom the Aents of the Property are payable. Borrower authodus LenQer or <br /> Lcadcr's agcate to callux thc Rrnts,and agass that ercb unatst o!ehe Property ahall pay tlta Renta to i.endrr or - <br /> knder'e�genu.HQwevtr.Borrower ahdl recelve tho Rcnta until(�)Lender hu alven Bonowcr notica of default <br /> purswnt to pura�raph 21 at the Securiry Insuun�ent and(ii)Lettder haa given notico to the tanaa�t(�)ehat eho Rente - <br /> ere to be p�id to L.cnder or[.�ndsr's�ent.'I'his�ssignment of Rente conatttutcs an�baoluto oulgnment�d not <br /> �a asslgnment for�ddition�l security only. <br /> If l.ender�ivp notice ot 6zescb to eonower:(i)�Il Renta rrceived by Banowce ehall be hc1A by Barrower <br /> �truatce tor the lseneRt of Iender oNy.to be tpplted to tho�ume secuted by th�Security Instcument;(ii)t�:nder <br /> ��ll be entitted to collxt aad taxivo all of tha Renta of tha Propeny;(iii)Bor�vwcr agccss that e�ch tenar�t of tbo � <br /> Propecty a1wDi p�,y a11 Rents duo and unpaid to Lender or Lender'e agente upon Leader'e wrtttsa demand to tha <br /> ta�.nt; (ivj ualess ayplica6le law provtdes otheruvise. all Rents collected by i,eader ar Leader'a agents ahail be <br /> appliod fint co the co�a af taking conaol of aad managing tha.Property and coltcettag tbe Rente,inciudin�.but <br /> not timited to.attosneys' fas, i+ccciver's fees. premiums on;teceiver's bonds� repair and mainteaana coats. <br /> iasu�n,ce premiums.teaes.essessmenta and other charges oa We Pc+operty,and then to the aums secured by the <br /> Seciuity Iasnvment;(v)Lender.Leader's agenta or auy Judicieily appoiated receiver sLnU be liable w account for <br /> aaly those Rents aqually t�eceived; and (vi) Lender shall be entitla! to have u ceceiver appointod to tt�ce <br /> qossession of and maoage the Fcopexty and colle�t the Rcnts aad pnofits derived from the Properiy without aay <br /> ahowiqg as to the inadaluary of tBc Property as secudty. <br /> ii tDe Renta of the Property ate aot sufiicfeat to oover ehe aosts oY taktng contml of and managiug ths <br /> F�u�riy eud�£cx;lleuir�ttc���ass aay t��-�uicd 3sy L.."s�r far a�s gu�ga��sdt�coa�iad�ss�ls� _ <br /> ��: of Earr�wu to Leader secuced by the 3ocnrity Imstiu�Eat pvtsuant to Uaiforca Covenant 9. <br /> . . .,�.8ossavfer r�pa�sents an�warrants that Bor�a�ver,�tt�s not executed any prtor 2ssignment of t6e Itents tmd ha.s <br /> •• �: aot.twa.�vUl aot perfomm�any act that would prevens��ender&om exercising its rtghts under this paragreph. <br /> ,.,L��der, or Lender's agents or a judicfaUy eppointed t�ecciver. ahall not be required w eater upon. u�Ce , <br /> � co�peli�+1:af or m�int�atn the Pmperty before or after givIng notice of dafault to Bo:mwer. However.L�endes.or <br /> Iepuder•s agents or a fudicIaUy Appointed reaeiver.may do so at any ti�ae when a default oocurs.Any applicatinn� , ' <br /> at I�euts shall not cun or weivc anX default or iavalidau a�►os�ter rtght or remody oP Lender.Tdis aasignmxat of- � � <br /> ' Ren6�o�tEe P[operty shall teiminete wl�en all the sums secw+od 4�y the Secudty Instrument are paid in ti�U. ,. , <br /> . .��I:.�R08S-DEFAL➢LT FRO�F9N.Bormwer's defaul¢ar breach uader any aote or agrcement in whlah� � <br /> l;eiader�ias aa inurat shall bo a breac�tinder the Secudty Inst�tment and Lender may Invoke any of tke�ttdlos , <br /> . :',:peiiqtittedby the Secudty iasbnmrs�nt. . _,�, <br /> � :��` BY SICiMNQ BEIAW, Bon+ower aocapts mtd agreea to the teraais and provisiona ooatefaed in•tMs I�d , . <br /> � ;`'�nai�fly Rider. <br /> .�. . <br /> , . . . / � <br /> .: '.:,. � (Scal) ) <br /> • . . 4�i J -Botrower JODY L t� •Bormwer <br /> � . ' . ��� ' ��� . <br /> •• . �-•� Hotmarer " " •Eormwor� <br /> . �� <br /> `.i <br /> , .. •�: .. , � . . .. <br /> - . .�., ��_ . . <br /> ' . �-57�9�ot)At ►.w s ot s Fortn$170 8185 • <br /> � ����z�� <br /> -�. <br /> -----.=g.;��ts� ��a��:�___ <br />