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<br /> G.ASSIIGNMENT OF L�A9E6. Upon I.ender's request,Borcowcr sha3!assign to t,ender all leases ot the
<br /> Property aztd all securlty degosits mede ln conaeation wtth leases of the Property. Upon tho assigautent, Lender
<br /> shali dave the right to xnodlfy.eatend or ternainate the eacisting leasa and to execute new leasea. in l.ender'�aole
<br /> disc�nedon.As used ia tt►Is Fc+sngmnh t3. the word "lease"sIz�ll mean"sublease"if the Secucity Instnrment Is on �
<br /> a leasehold.
<br /> �. A�3IGNMENT OF REPPPSi APPOINTIVIENT �F RFCEIVER; LENDER II�T YOS3ESSION.
<br /> Bomower absolutely aad uncondttlaaaliy assigns and transfers to L.eader all the rents and revenaes("Reata")of
<br /> the Property. regardicss of to whom the Rents of the A�+uperty are payable. Bonower suthurlus Lender or
<br /> Leader's e�gents w coAoct the Rents,ea+d agrees that each tenant of the Property shaU pay the Renta to Lerder or
<br /> ir.nder's agcIIts.However,Botraw►�siiall raeive the Rents�ntll (1)I.ender has given Enirower aotice of default
<br /> pursuant to�Saragragh 2d�of the S�urityr�a�sf(!i)I�ender has given nodce to the tenaat(s)that thc Rents
<br /> are w be pafid w Leuder or L.eaB�a'e eg�ue. 'A��n�.�.t�f I�ents coastitut�s an absolute assiga�eat and aot
<br /> an assignment for addisional sccurlQyr onrIl�. . ��'� : ' .
<br /> If Lender gives aatice of breasb rar Ron+ower.(i)all�a�sived by Bon'ower s�a4t�e held by&orrower
<br /> as txustee for the beucfit of F..ender onl�r,to be sppl[ed t0 the S,asc��by 11�e SeCUrity�ncrn�ment; (�i) Lender
<br /> shall be entttled tp cuUect aa�d[ecenve all of the Rents of the PmpC=ty;(ili)Bomower ageroes tha�each tenant oi the
<br /> �1�Y��Pay all �nts dae arsd tm�aid to Latder or L�d�'s agaug upon L�adsr's wrItten demand w tbe ..
<br /> tenant;(iv)unless applirable law ptovida otheswlse.all Reats coll�9ry I.ender or I.ender's agenta sDell be
<br /> t��n�d 4irs3 to the oasLS o#taking coniml of and managing tlte Prnperty aad collecting the Rcnts,includi�ng,but
<br /> •not l'u�it�d co, attoru�ys';t�ees. reatver's fees. Premiums am��xeiver's bonda� rePair and mainuaaace costs.
<br /> • hisiirarivc pnemtums�ta*a+. ass�trnc�n8s and othrnr cha�gea�� �toPem',�.and then to the sums sxvral by the
<br /> Sxurlty instr�meat;(v)Leudet;'�oGer's E$�s�rt sny judicIaity appoi�c�aeiver shall be 1ia61e to aceount for
<br /> only those Rents actually ra;ei�i�d;ea�;��n) H:+erir7er shall be entidod to�vave a receiver appofattd w talce
<br /> � possession of and mauage the Pi?a�eCtgi.�ead•.coUeet the Renss and profits dcrivod from tt�e Prmpetty without any
<br /> showing as to the inadequacy of t&�F�pert3►as secudty.
<br /> � If the Rents of the Pr+opetty�.are not sufScient w cover thc oosia af taldng control oP and man�giag the
<br /> . � Piopeity and of oolleadng the Renis�ay funds expended by Lender for such pwposes s4aU beoome u:�aas
<br /> af Eatra:.°tr i�L�sr�sr±�d Ml�c.�r,�e�+[t!�+�r.�ent ovrsuaat to Unifomt Cove�ant 7. . .
<br /> Iiomower represents aad warrants Wai Bomower has not a�ecutod auy pii��as�ig��t af the R�is ��
<br /> not and wW not perfomr anyr act tDu�[would pnvent Lander from exec�cWng its rlghts under this Paragraph-
<br /> Leadu, or I�ss'a ageau ui a JudIciallY APl�ointed reoeiver. shatl not be reqaimd to eater upon,ta3ce
<br /> oomrol of or maintain the Pmperiy before or after 8iviq8 nonx of default to Borrower. However. i�dcr. or
<br /> • , Lender's agente or a judIcially appointed rE,cxiver,may do so at a�r time ahen a default ooaus.Any�pplicat�on
<br /> �•��'� of Reat�.stsall not uu�e or waive aay default or itNnUdate aay other dght or cenaedy of L�ender.'this assi�aitteat af
<br /> , Reat��4 dt�Pmptrty sliall urmi�a��q3xa all t�s sums secura!by the Sxorit�l:•Castmment Rre paid ia fiill. '
<br /> I.�tt033-IDEFl�ULT PR(B�(�qON. Borrower's default or breach uad�i any note'ae agreement in whicl�
<br />� .�, .; . Lender has en iaterest xhall 1ie a'��sah under the Secudty Insuument and LcR$er may imroke any of the remedies
<br />_ ', permitted by the Secuaa�y Insu�a�G '�
<br /> ' , BY SISiIVINti'4�tiOVIP:`�y�roa'er acapis ead ag�as to the tezms:and pmvIsions contaiaed In. tiiiis i-4
<br /> � Family Rider. � � � , :
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<br /> -Bormwer ZQP� J ;.a8ortuwer
<br /> _ ($q1) ' ,._._—(Seal) . .
<br /> -Boimwer � -Bomower
<br /> �•S7 q3oatA1 wp.2 m a .' Form$�7O 3/98 .
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