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<br /> , �,"°� ' G.ASSIGNMENT OF LIEASES:Upoa#a,mder's r�gue.at.Borrower sha!!assign Lender ��'�`-='
<br /> `�.e•:: ';� `,�. : property and alt secudty�posits made irt oasmection with teases of the Pro�rty.Upan ttte assignmeut•
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<br /> ° ' . � sf�all have the right to c�odify.extcnd or temnuate the existing leases and to execute new teases.in LRnder's sole . `� _
<br />, •. :'-��� disccetiau.As used in this patagrapb G.the word"tease't shall rt�ean"sublease"if th�Securiry Iaswme�is on . . .';
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<br /> 8. ASSIGNI�NP OF'REi�'d'S; APFOIl�FrR�NT OF RECEIVELt; �.ENDEEt IN F�USSF�S�OleT. .�
<br /> ,. . .,. h{� '8orrower absoiutely aad unoonditianally assigns siad t�ansfers to i�eader atl the m�ts aad ceveaues("Reats")of � -
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<br />-- � � ' ths Property, regardte�nf to wflom the Ytems of the Propetty are paYable. Borrower atttiio:izes I.eader ur =--
<br /> ,:..': '�:'� f$C RSIILS[O L�iaCi OT _
<br /> ��~`= Le�cder's agents to cottea the Renss.and agrees that eash tenant of the Bropercy st�aif PaS+ �:.,_
<br /> _ �- -���,.. I�eader•s agents.However.Bofrower shaU re�eive Etce Reats antii(i)I�der has given Bomuwea uniice of defaWt s_- -
<br /> � ` ` pu�s�aat to paragsph 21 of t�e Securit}+Instnunent and tii)Lend�z t�as given uotice to the tenant(s)t6at th�Reats =-_-_
<br /> �.� `�,'. • are to be gaid w I.eoder or tende�'s agent.This assigntnent of Rents oonstitutes an alisolut�assignment a�d nat. _:T
<br /> �'r�` .. an assignment far addit�onal socur'sh+anly . __-__-_
<br /> � �, .� ' If I.ender gives natice af 6rEacb W Borrower:(i)alt Reats recxi�-ed by Bor�awer sbalf�b�d by��� _ __
<br /> . ;:�. ' ; .�-`� as t:oscee for the h e n e f it a f Lendet onl y.to be a p pfied w the suips se��by the Security --
<br /> '_.,.<<.•...,'� :�• • sUali be enrided to coUect and receive all of the}teents of the Praperty;(iii)Barrower agrees thai each tenant of ttte . . --
<br /> '` ." '.'�' '��`��Y„ . Propetty shal!pay.all Rer�ts dae and unpaid to I.ender or l.eades's�ts upon I.ensb.r's writteau deu�aad to ihe_ �
<br /> . . ' ". iicabie taw pmvides otherwise.all Reats ooileaed by f.�nder or I�ender s,agents shall�e . . .ti__
<br /> �°f.,..:_,�._:.,::� ' . tenam:(iv)untess app and ooiteRing the Rerts,inciading.but .
<br /> , ,�:� a F p l i e d f i i s t t o t h e o o sts of�alcia g cantrnl of and mauaging the Progerty - :-
<br /> � � � not limited to. attoraeYs� fees. reoei�ver's fces. PremiaIDS on`receiver's bonds. �ir a n a m a i n t a n a n c e e o s t s. •
<br /> , ,,.'� ii�surance premiums.taxes.assessments and other chaig�s on the property.aad c��o the sums se,cured by th,% _ -
<br /> ` _ ...�.. .. . _---
<br /> � . .��.'.i . . Secauiry Insalimer►x(�)1.ender:t.e�der's agents or anyludicia(ly a�Painted rece�-�'shaU be liable to acxouat for- �--
<br /> ,�,. . . , , received: and fvi) I.endet shall lse e�'t�� to hatiti-e a'reoeiver appointed w take --
<br /> _ ��.:-.,,.;;,;1. . ' � only those Rents actually ��civec!fmta the Pe�nperty without.any, °�
<br /> . ` ;•:�{"�'• possession of and man�age the•Propeity and callect the Rents and pt�ks eci • . �._-
<br /> � � • �owing as to the inadequacY af the Propraty as sea�rity-
<br /> '. . ;;�t°�••'��'•.�; � • if ttie Rents af the �pR are no�e ena;rcu���ei the costs of.taking cantrol of and uaariaagin�'t�-� • ---
<br /> � s r .`r`''., �raperty and of coUe�ting anY xpea���Y Leru3erfer such puigc�ses shall berome;i��
<br /> ' . ..'�`.�= • ' of Bonuwer to Lender seca�+ed by the Secarit)!�m�en�pu�3�'1is�aform Covenam 7.
<br /> • `� Borrower regmsents m►d warrants that Bomuwer has not exeaited as�y+Prirn'assignmart of t�e Reats and bas .�
<br /> , • • ��'.4 ' noi and will not pedorm anY a�t that would prevent Lender from eaetcising its sights under this Parag�aPh• ' • _---
<br /> ,.. �'°"� Lv�ider, or Leader's agents or a judiciaUy aggoimesl reoeiver, st�a11 not Cra��ryired to enter upon.take . '
<br /> . � :�. :e; � cvatrol uf or maintain the Pmpsrty 6efore or aRer giving notice of defantt to Ifz�swer. Hoaiever,I��.� :_
<br /> . . .. �,.,, , , i.ender's ageats or a judicialiy appainteA receiver.maY do so at any tisne when a default acaus.Atry agpli�uon .
<br /> • of Rents shall not cure or waive any default ar invalidate any othe'r right or remedy of L�ender.'Chis assignment of. , •. _
<br /> ..'.' ;� Reats af the Property shaU tenninate when all the sums secvred by the Secvrity InspumeSt are paid in full. . .
<br /> _ .,i�s� . .� . � l:�CROSSDE�AUI.T i2ROVISI0IV.Borrower's�efaitlt or breach under any ttote or ag�eemcat in vuFir�. .. . --
<br /> �•.� t�dep bas an interest shal!be a breach urtdeT che Sacurity Instrament and I.ender may invoke any of tt►e remed�es .
<br /> " . : ;..s � permitted by ttie Security Insmiment. �
<br /> - ::�, • . . BY SIGNIPIG BELOVI►. Borrower acoepts and agrees to the termg�and pmvisions c�ntained In this 1-4
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