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<br /> = '"�"`:�` . G.I�YGPIMEAiT OF L�SFS.[fpon Lettdet's requ�t.Borrowes shall assign to Lestder all le�of t1►e - : .
<br /> _-�---�'-'. propeKy und all sewriry deposits made im m�nec3ioa wiW leases of the Ptopetty. Upon tlie s�sssignmeat.LeMer � `.f•: '
<br /> t -�r �, ` shali have the cEght w nmdify.ex�end or terminate the eusti�3 teases a�to eaecate new teas�s.ia l.�er's sflle
<br /> disct+�ion.As use�in this paragraph(i.the word"twse"shaU mrsn"snWease"if the S�esvrity IasWm�i is on
<br />� . � •.�.'.` a lease�old. LENDER iN POS��OH. '�
<br /> . . �. AS�gGNIlI�N't O� �ENgS: APFO�T OF REC��VER; r�;'�:
<br /> " ' 8nnoa�er absoiutely and unooaditianally assigns aad trac�fers ta I.em�er al!the ceats and.ifeveaue.s(••Rems-•)'of ---
<br /> le. Bomawer suthnrizes Leader or ���'�II
<br /> �;.. ' the Fmperty. regardless of ta whom the Re�s of the FropeRY�P�Y� the ReIIts m Ltnder�r � -
<br /> ":'`�.'. ' ' : . Lendet's ag�ts to colle�t tha Rents,and a�tLat eac�teaant of the Propetcy st�alf paY _ ,;.
<br /> , . ` .�t l,ender•a ageuts.Ho�vever,Eama�rer sbalS ceoeive the Renss�ti)Leader has�►ea Bmmrra aoac�of d�fault .;:`�.�`
<br /> `.,�. : k Pu�tn g�agraPh 21 of the 3eartitY In�meat aad f���has giveu aatioe w the ceaantts?that the Rents
<br /> , aze tu he pai�to Lender or I�end�r's agent.This assigoment of Reu�ts oonsritutes aa absolute assig�meut sud not
<br /> r ., an assignm�r►t for addirional s�iry on1Y. , . _
<br /> � If Leader gives aoqce of breach co�orro�er.(i)all Rems'received.by�ormwer shait be hetd by Borrower �;""�:.• �
<br /> .. ,:-� as uustee far the ba�St of Lender oniy.w ise applied to the snms�Dy We Sec�uity tnstruntent;(i�}i.eader �`.=:
<br /> uu
<br /> � �� �' shaU 6e auitted to ooltect aud receive all of t6e R�rts of the Pioperty:fpi)Borrow�r agnees that each tenani of the , ��';,'.=::.
<br /> `-`'`'`: 1 propercy shafl pay a!t Reats d�and unpaid w Lender or I,ender's agents upon L�endes s writtea d�aad to t6e G..;:-r;
<br /> . ��','��.`J tenam�(i�)twnless applicabie!aw provides otherwise.a�!Rents oolle�xed by Lender or I.ertder's ag�atg shall be
<br /> } :
<br /> na�°
<br /> H�d 5rst to the oasis of taking conuol of and managing ttie Prape�ty and col�e�iPS Yhe Re�is,inciwdirtg.bu� �`���,�
<br /> . . ,<v::� ,
<br /> aPP �.,a;mert3_t!sP costs; t...•
<br /> .-,.,.,A'a.'i, � . not limited to.attomeys' fees. receiver's fees..pmmiums on receiver's bandc. rePair and _
<br /> _- -:,..; iasuranoe pten►iums, taxes.assessments nad other charges on the P�aPertY,and then tn the sams secuued Es�r,tke �=;,.
<br /> � .��.:
<br /> - Security Instnmrent:t�)Leader.Iander's ageats or aay jndIciaUy appouited receiver shall 6e tiabte tt��.�or. �
<br /> ��•� onfy those�Rents actuaUY received; at�i (vi) l�ender sball be eatitted to trave a reaeiver.a�spointed t� tahe �,s-
<br /> �i,.;�.:......�.�� possesvnn of and manaSe the ProPertY and oou�t the Rents aad profits derived frmn the F�ty without anY . . ;�;._: .
<br /> ' ' � � showing as to the inadeqoacy af the Pcoperty as seauiry• .;°. :' . �;,
<br /> �`.'��- If the Reats of tQe Pmgerty are net sufficient to cov�the oosts t,f�taking control of���1� �'� :
<br /> property and of collecting the Rents any funds cxpende�by L.ender for sach piuposes shali become iadebt�ess e°
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<br /> • • . ,`�� of Bonaw�r to Lender secured by the Security Insuument pt�zsuant to Unifarm Covenaiat 7. . f%��:
<br /> and wa�rants that Barrower has not ex�d any prior a�ignment caf[he R�ts aad has . f�_
<br /> .. �; ' Borrower�r�sems . " -
<br /> � noi and wi11 not Ferform any act t6at woutd p�reve,ns Lender from exer+cisfing its rights�det t�ga:asgFaph. . �'"'::.
<br /> . . . ,.� g ,�.�r� E-.-.-
<br /> ... • l.ender. or Leaaer's agents ar a judlctaity a�ointed receiver.si�aU not be raquire8 to emer upoa.take �':-_:
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<br /> •• � canual of or maintain the P�+nperty 6efore or aftec givin�notice of default to Borrower•However• L��or
<br /> ' � inmd mceiver,ma do so at auy time when a defaWt accur•s-Any aPPlscadon ��'�'
<br /> ,..,, ...:�•„• ��� Lender's ageats or a judicially aPPo y _----.
<br /> • :�� of Renu shall not cute or waive any default or invalidate any ot�iec right or remedy of Len�.:x;tg3s�ssignmeat of �:,
<br /> ' Rerts of the Fmperty sf�all temtinate when aU the sums secated by the Security Instr[cment are�pasd in fuU..:, ..,�:.-
<br /> ��. .:�..,�.' . �.CI�OSS�DEFAULT PI��VLSiON.Borrower's default or breaeb arider a�+note or agree�ent iir.��tthich . .,.,
<br /> .`�. .':' . ., ; , Leader has an incerest shall'be a bmzch ander fhe Security Instrument and 1,ends�+maY invoke any of the ranedies ��.._.
<br /> . i;;,i� � peimItted by the Sewriry lnstromem. . ;;,; � ,Ma,
<br /> �};c,� BY SIGNING. BEtA'W. Borrower accepts and agxers to tt�e tenns�arcd pmvisions cor.tained in this 1-4 � ;,
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