Laserfiche WebLink
If the Rents of the Property are not sufficient to cover the costs of taking control <br />of and managing the Property and of collecting the Rents any funds expended by Lender <br />for such purposes shall become indebtedness of Borrower to Lender secured by the <br />Security Instrument pursuant to Section 9. <br />Borrower represents and warrants that Borrower has not executed any prior <br />assignment of the Rents and has not performed, and will not perform, any act that would <br />prevent Lender from exercising its rights under this paragraph. <br />Lender, or Lender's agents or a judicially appointed receiver, shall not be <br />required to enter upon, take control of or maintain the Property before or after giving <br />notice of default to Borrower. However, Lender, or Lender's agents or a judicially <br />appointed receiver, may do so at any time when a default occurs. Any application of <br />Rents shall not cure or waive any default or invalidate any other right or remedy of <br />Lender. This assignment of Rents of the Property shall terminate when all the sums <br />secured by the Security Instrument are paid in full. <br />I. CROSS - DEFAULT PROVISION. Borrower's default or breach under any <br />note or agreement in which Lender has an interest shall be a breach under the Security <br />Instrument and Lender may invoke any of the remedies permitted by the Security <br />Instrument. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in <br />this 1 -4 Family Rider. <br />MULTISTATE 1-4 FAMILY - Single Family - Fannie Mu/Freddie Mac UNIFORM INSTRUMENT' <br />G3170-03 (11/04) (Page 3 of3) <br />201300841 <br />(Seal) <br />WILLIAM F NOZISKA - Borrower <br />(Seal) <br />- Borrower <br />(Seal) <br />- Borrower <br />Form 3170 1/01 <br />