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,.. .. .. �-���...�- -'..� . . S . <br /> �.�.�iTM�ad�l'�f�Y�1�.�..�1'_f• � <br /> .. ' ::�.�`�1�'t.:•���.�. _. . . _ .... ...___ �—���—__-.-.:... <br /> . .... .. . ........... ....._.. <br /> .. .. .. ............. ............. . .... <br /> 98- iso47i <br /> G.A391GNMEIVT OF LEA3ES. Upon Lender'�t+equeat,Borrower�hall asaign to L,ender all leases of the <br /> Prnperty ud tll securiry depo:U�roade in connoction with lerues ot Ihe Property. Upon thc uaignment, l.er�der <br /> �h�ll h�ve the riYht to modify, eatand or termfnate the eaiating le�ser u�d to execute new leas��,in Lender's aole <br /> discrction. As used 1n thic puaQraph G, the word "le�"shall mean"subkaue" if the Sxurity lnatrument 1s on <br /> �iwehold. <br /> H. ASSIGNMF:NT OF RENTS; A['POIN711SF.NT OF RECEIV�R; LENDER IN E'05SFSSION. <br /> Bornuwer ab�olutely and w►condiNonally auigm u�d tr�ufera to I.,ender dl the rents and revenues ("Renta")of <br /> the Property, ��e��rdleu of to whom We Renu of the Property aro pay�ble, Borrower nuthori� L,ender or <br /> Lend�r's agenu to collxt[he Rents, and a�roea that cach ten�nt of the Property th�ll pay the Rrnts to Lender or <br /> J.ender's atenu. However,Dorrower shall receive the itents until(i) Lender hae givein Borrower notice of default <br /> punwat to puw�ph 21 of the Securiry Innrumptt u►d(ii)Lender h�u givrn notica to tl�e tenant(s)tlut tha•Rents <br /> ue to be paid to Leader or LeMer't agent, Thii aui;nment of Rents comtituta an ab:olute assignment�nd'tat <br /> �n�wignn�esnt for additional security only. . <br /> If Lender�iva noticx of breach to 8orrower: (i)all Rents received by Borrower it►all bn held by Barrow�r <br /> �trwtta for t6e benefit of L,er�d�r only,to be q�plied to tbe sums secured by t6e Security Instrument;(ii)1.rnder <br /> ahall be entided to collxt and reaive tll of the Rent��af[he Aroperty:(iii)Borrowec�rees tluu e�ch tenant af the <br /> Property�hall pay�!1 Renb due md unpaid to Laxler or La�der's ageaq epon[.eoder's wdtten demand to the <br /> . taw►t: Qv) unles��pplicable law provida otherwise, all Renu colloaed by I.enda or I,ender's agena �hell be <br /> spplie�i flr.t �a tt�e cc,�tc uf Wcing wntroi oi ud m�na�in�the Ptc�peny md wllecting the Renu, including, but <br /> not limited to� attornry:' faa, r4ceiver's fea� Puemiumr on receiva's bonda� repair �nd m�intenuxe ooq�, <br /> iasunnce premiumt� tue�� �sa�mmui and aha chatga on the Property�and then to the aunu eeeured by the <br /> Security Instrumear(v)L�nder, [.ender'�a�enu or�ay judicially appoin[ed reoeiver ahail be liable to ax�uict:for <br /> �' ooly tl�ou Rents �ctwlly received; �nd (vi) l�ead�er �hal1 be eatitled to tuve a roceivet appciinted to taic� <br /> poueuioo of�nd nunqe the Pmperty ard collax the Reats aud proflts dxived from the Propaty writ6out any <br /> sbowic��t to rbe insdequacy o[t6e Property o�ecur�ty. <br /> If tbe Reats of the Praperty au�e not w� to oover the coau d taking control ot aad m�o�io� the <br /> Praperty nd of oolleaina tl�Reate bry funds expwded by L,eader fm sucd pu�posa�hell be�ome indebtedn� . <br /> vf owavi�ci'w i.,e�icr�ocu�od by tue 3ecu�iry I�tttumeot putw�u�to Uuifam Cove�J�t 7. <br /> HrnroF.s rc.pra,a:,�aad wuraate thu Bocmrva hn not a�cr�iYed my pria u�i�nn�nt Qf t6e Reatt sd hn . <br /> oot uid�will not perform+wy act tJ�t would pr�evem iax�da from exerci�ina iu iij6ti under thi.s.p�raQ�ph. : . <br /> •� I.eader, or Larde�'� a6eou or a'Judicially �ppoiaced reaiver, �hall ncyt be roqui�ed to'a�ta opoy, Wce <br /> popttot Of O�mdDtaio the Prooaety hefime or ahe�-.vivin� �witioe e�f defa��k►n An.++rw�w. 1,In:w.... r...a.. -- <br /> Y.E�d�Er,!��Qf� - .... -, . . ....��.._�}.�,'.^.: <br /> j11�C��01DtOd!ECl�Vd';Iply d0�O�[i�/LlmC 1P�7���[OCCIIC9:���1YICR1011 <br /> of Rmta�hall not cure or waive rny default or invdid�te�ny other ri�6t or renaedy o[I.eederi.'t'hit iwi�nmeot of <br /> .. Iteou of�e Property sh�U termimte wbea�Il We wm��ecured by t1x Sxurity Iwaumwt n�e paid ta fWl. <br /> .. l. CRO88-DpFAULT PROVI3ION.1lonower'�dehult or bre�ch aider my�note or ap+eemeet in w�hkh ' <br /> .. I.mAer 6�an ineeie�t�lull be a Meacb under the Sscurity Itutrumeat�od lmd�a may lnvolre aay of tbe romedid <br /> .• Pamitt�ed by the Security Imwment. . <br /> ; BY SKiNMO 9BLOW, Borrow�er aaxpa and �ieea to t�e te�ns nd provWom conhtmd 'w thL 1-4 • ' <br />:_ � P�mily Rider. � <br /> � ""l�y„�yyg� L� ll.. �a � <br /> . <br /> «� 1 <br /> 17FC�IAf K MIl�l�S .eorrower CC.�L �RS .Ilon�awsr <br /> —(Scal) _(Sd) ' <br /> •Bonowe� ��� <br /> • . �-N n�o+�.oi �q,t a: , Fa�w�170�� <br /> � �������� <br />