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<br /> G.ASSIGNMENT OF LEA6E9.Upon Lender's request,Sorrower ahall assign to Lender atl leases of the �
<br /> Frdpezty and aU s�urlry deposits made in connection with leases of the Property. Upoa the assignment, Lender -
<br /> shail havo the dght to raodtfy�extead or cem4iaste the eaeiBting leases aad co exesute aew leases, in Lender's sole
<br /> discretiaa, As used in this psimgraph ti.the�vord"lease"shall mean'•sublease"if the Securiry Insuument is on �-
<br /> a teas�hold.
<br /> �. ASSIGNIVIENT OF RENTS; APPOIIVI�NT OF RECEIVER= LENDER 1N PQS3ESSION. _
<br /> Borrower absolutely and uncoaditioaaUy assi,gas and transfera to L.ender aU the rents and reveaues("Rents")of __-
<br /> tha Ptnperty� regardless of to whom tha Rente of the Pi+operty are payable. Botrower authorizes Lender or
<br /> Leader's age��to coUect the Renta,and agrees tbat each tenant of We Property shaU pay the Rents to I.ender or
<br /> Lender's agents. However.Borrowar shall receivo the Rents uatil(i)Leader has given Bomnwer nodce of defaWt
<br /> puisuant to paragraph 21 oP the Securiry Instiument and(ii)Lender has given Qodce to the tenant(s)that the Rents �
<br /> are to be paid w Leatder or Lender's agant.'This assignment of Renta consdartes an absolute assignment and not
<br /> an assigament for addidanal securlty oNy.
<br /> If Lendor gives nodce of breach W Boaower.(i)ell Rents received by Borrower shall be�eld 0y Borcower
<br /> as uuEta for tha benefit of lxnder only,w bo appliod w the sums secured by the Secudty Iasuument; (ii)Ixnder
<br /> sheU be eatidal W oullect and receive aU of the Reats of the Propeny;(iii)Bonrower egrces tbat each tenant of the
<br /> Prop�rty sh�tl�y_ell Ranta chu and�m�td to Lender or 1 entler's agenta�pan L.ender's written demand w tt�e ..
<br /> tenant;(iv) untess applicable law providas othe�vv�e. all Renta oollcx�ed by Lender or Leader's agents shali be
<br /> applled first to che costa of taking contro!of and managing the Pmpeny aad collex,ting the Rems,�cluding.bue
<br /> aot limitcd w. attoraeys' fe�s. receIver's frxs.premiums on receiver's bonds. repair aud maiiqtenance oosts.
<br /> insuranoo premiams.ta�ces,Pssessments and otha charga on the Pmperty�and then w th$ s�ms s�cnred by the
<br /> Security Ipstcument;(v)L,endee,I�endet's�gents or any jndiciaUy appointed reaiver shaU be liable ta�'account for
<br /> on3y those Reats actually xeoelv�d; and•tvl) l�endar s6a11 be enttdod to have a c�ecelver ap�ointed w take
<br /> possession of and manag�e the P�vperty anQ ooUcct the Rents and pmfits dsrlved from the Pmp�y�r wlthout any
<br />: showEng as to tha tnadequxy of the Propertyr as axurlty.
<br /> If tho Rents of rhe Pmpercy are aot suffictent to cover the costs of taking oontrol of and managing the -
<br /> Pmp�rty a�of wllecting the Rents aiqr funda expendod by Lender for siuh purposes shsll becoma indebtedness
<br /> of 9orrower to Taender secured by the Se�urlty Iasuument pursuant to unifoxm Covenant 7. ''
<br /> Bomau�et repres�ats and aarranta that Borrower has not execuud apy prFor asslgnmeat of the�Rants and has
<br /> not attd aill not petfozm any act that aould pnevent Lender fmm exerciaing its rlghts u�ouler this'patagraph•
<br /> Leoder,or Lender's agenss or a judici9Uy appainted receiver, shall a�ot b�,reqaired to eater upon, take
<br /> Comm�l of or maintain the Property befon or after giving nodce of defaulc ta��,�ter. However, Lender� or
<br /> . Lendsr's agents or a judiciallY ePPointed reeeiver.maY do so et aay time when a i�ofault oa�s::�x aPP#ication
<br /> of Itents shaU not cure or w�ive amy default nr iavalidau aay other right or remedy of lxadear.��cis�ssigrunam of
<br /> Rmts of the Pcnpeny shall tetminate when,All the sunos accurod by the Se�urity Insttument aze pz�#�ia full.
<br /> I.CRQ6S-DEFAULT PddOVISION.Borrower•s default or b�each under aiiy'uote or agrument in wbich"
<br /> �,eader haa an inunst shall be a breaeh uader the Securiry insuuwea�and Ltttder m8y invo�Ce any of the re�dles
<br /> pem�itoe�by the Socurity Instrumen�
<br /> BY SIO1�T3�!1(i BELOW. Borrower aoapts and agrces w she teims and pmvisions contained in this l�
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