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<br /> G.ASSIGNMENT OF LEASES. Upon Lender's request,Bocrower shnll assi98 Lender all lepses of the
<br /> , . � � p�+operty and�11 secudry deposita mnde in coauestion wlth lepses of the Proporty. Upon tLc assignacent, L.ender _
<br /> ' � shall havc the right to modlfy.eztend or terminate the exisdnng Icases and to execute axw lea5es,in L.ender's sole R
<br /> �?�,� tde word"lease" s4a11 mean"sublease"if t�eSecurity Insiniment is on �
<br /> t:;=:._. ,�� discretion.Aa used in this paragraph ti,
<br /> u leasehold.
<br /> �.�, �i. A83iGIYli�EA1'� Og I�t�11'6C FiPF�Il�1'QT+?�f'JT O�' Li�GIIF/�Ii: L�1�1D1EIt III�I Ed��E3S�OM. �
<br /> .� - Borrower absolutely and unconditionntly assigos and uansfers to Lender all the nnts and revenues("Rents")of
<br /> "� the property, regardteas of to whom ihe Rents of the Property are payable. Borrowes authorizes l,euder or
<br /> ---•-�� . Lender's ageats to coqe�t the Rents,aad agrees that each tenant of the Property shall pay the Rents to l�snder or
<br />' �.� Lender's ageats.However,Borrowet shall rea[ve the Rents uatil(i)Lender has given Borrower notice of default
<br /> pu�suant to paragraph 21 of the Secwiry iusuument and(ii)Lender has given aotica to U�e tenant(s)that the Reata
<br /> are to be paid to Lender or L�euQer's agent. lhis assignment of Reats con�tltute.s an absu3ute assignment and noc �
<br />:=��• � an assignmant for addidonal security only.
<br /> ' ,•- If I�ender gives notice of breach to Bo:rowet:(i)all Rents receive�by Borrower ahall be held by Barrower
<br /> ,:::.{` as avstee for the benofit of Lsader oaly,w be applied w the swns secumd by the Secwlty Instnnnent;(fi)Lender
<br /> ,;.1;�',�,,�• shall be entitled to collect and raeive all of the Rents of the Property;(iii)Borrower a�es that each tenant of the
<br /><��hyi,��� Pruperty shall pay alt Renta due and unpaid ro Fxader or Lender's agents apon Leader's written demaac!to the
<br />,,;,.���Fr�s teaant:(iv)unless applicable law pmvides othesv�ise.all Rente collected by Lender or Lender's agenta shaU be
<br /> • .r�`t'i"" ayplied first to the costs of taidng control of end managing the Property and coliecting tTne Rents. including,but
<br />..;��t,' aot limited to. attorneys• fees, receiver's fees. preauums on �wi�a's bonds. repaic 8Ad Dl2IItLPnanCC CilS�.
<br /> ,:'u;�};� insurance pramiums.ta�ces.assessments and other charges on the Property,and then w the sums se�ured by the
<br /> Secnrlty Instnuaent;(v)L�ender,Lender's agents or any judicially appointed rec�iver s6a13 be liable w account for
<br />''""- only those Renta actuelly received; and (vq Lender shall be entitted to havo a receiver appointed to take
<br /> _"^'�!"'�����_�; possessien of and manage the Properiy and aoUect We Reate anc!profits derived frow the Pmperty wlthout any
<br />=�°—�'-�.��. showing as to the inadequacy of the Ptapetty as secudry.
<br /> -=Ary:,;� If the Rents of the Property are not su�acieat w cover the costs of taking e�ontr+oi of and managing the
<br /> _v` �, Property aad of collect[ng the Rents aay funda eapeaded by L�ender for such puiposes shaA become iadebtedne.ss
<br /> = of Bosower to Lemder sccured by the Sec�rity Iasuument pursuant w Uniform Covenant'7.
<br /> _���=�� Borrower regnsents and�ts thaR Bormwer has aot executed any prior assige�ent of the�tents and has _.
<br /> ..�:r;�:�,� uot ead wiu not perfarm any aa c�ae Gouid p�eveat F.cu�f fio���ng#ts righ�ua�r sh�,�h. _
<br />.:_..-,�:�.��— Lender, or Lender's ageats or a judicially appou►ted rereiver, shall not be nquired to enter upon� take ,.
<br /> _- -_— control of or maimtain eh�ProPerry before ac after giving notice of default to Borrower.How�ver, Lender, or •�
<br /> �� Lender's agente or a Ju�iciellY appointed reatver.may do so at aay tirae whea a defaelt oocurs.Any application
<br /> - - of Rents shall not caie or waive aay default or invalidata any arhe�tlght or remedy of L�►dar.This assigni�ie�it of � • :
<br /> —� Raats of tha Propetry,8ha11 terminate when atl the suaas se�tiy the Securlry Insuumeat are.•.paid in full. • .
<br /> '�'� I. CROSS-DEFAXII,T YROVISION.Borrower's defaulf.or breach under any aoto or•agreement in which .�
<br /> ----- Lender has an interest sht�ll be a bmach uader the Secutlty Insmiment and I.ender may invoke any of the remedies
<br /> --~_-''� permitted by the Secudty Insuument. . �
<br /> ---� _ BY SIGNINO BELOW.Borrower aaoepts and agne.s w the terms aad provisiona contaiued in this 1-4
<br /> _---. - Family Ytider.
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<br /> _�� (Se�N) .. (Se81) '
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