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<br /> �,.• G ASSIGM4bMP OF LEASES. Ugon Le�dePs zeque�t.Bonower shall assign m I.eader lea�of the .�'"�',•'.
<br /> - • • ' � `�� Ptapeity aad a]I secmity�made�in oonaeciion wilfi leaces of the Fmgeaty.[Tpon tLe assignmeat,Lead� -_ � .:
<br /> . . shaD 6ave tLe right w modify,extead ar te�minaxe the exi�iing 1Pases�d m e�near t�es,m Leades's so2e ,
<br /> • • dISaP,ilOn.AS ILSEd ID Q113�[8$t8��!Qi►thC w0I(�"IC8.4B°Sh811�4�11"St1b1CaSC°If th8$OCIII1Iy It1Sltilill?A1 LS OD S ,�,I°
<br /> • �SC�O�d. •-•.t'•• ;'' .
<br /> � � �� B. A35dGNN�f OF RE�PS; APPOIN'f'1N�Mf OF RECEIVEI�, LEPI�� IN FOSSESSIOIV. -�
<br /> • . . - Ba�aower abso2uflely a�amcoadaaonaIIyr assigns and transt�rs to I.ea�er all the�and ieveaaes(°Re�ts'�of the '�o
<br /> . .. � . ��� : Pmgeaty,re�s of to whom the Rents of die Fmparty ffie payabt�.Bosmwer amhaor�es Leacda or Ixa�d�r's f
<br /> ' . . ` -�� ageats to coitect tt�a Reats.aad agcees ttiat earl�ten�t of the Pco�ty st�all pay the Rcats to I.caider or Le�der's , -
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<br /> ' ag�.Fto.vev�.1.�novver sLall�ive d►e�ts mml(7 Lender das given Bmmwea�otice of defavlt purs�ant to . ,
<br /> ' par'.�uaph 21 of th�Ses�iry I..��i�d Cu�Iandar d3s given notice to tke t�{s�that the R�is ate ta be
<br /> " paid w Y.�drs or Lendds�^�i T�is atagamatt of Re�is consdmtcs an abscz"� assignmeat and not an
<br /> . . � . . astitignme�t far ad�ii�rmi seamag onty. , .
<br />.-..-----.-- 1f L�de�r gis�s mottce of bieacd ca Bosraw�a:(�alt Rents received b�Baarower sha]1 be held tsy Boimwea as : . ., ,
<br /> � �� � u�e.€or the�of Le�tdea oaty.Ln he app}ied tn tite s¢ms secozed by tDe Saauiiy IAStzumea�(�B�dea si�aD '
<br /> � �e�ed to�3ect m�d�eive aII of the Rc,ats of the Piopaty,('m')Borrawer ag�ees that e�cb�aat of tJ� � .
<br /> ; . � � ,���• �ay sbaIl pay ail Rcam dne and uupaid to I.ender or Leadea's�ger�s apon I.emdfr's cvtlue.n d�d tn th� _ `,:�,•
<br /> .. . .� � t��Cm)a�s.�pplicable law pmvides o8�erwis�.atl Rmts coDecoed by I.eader or Ie�der's ag�s6aII,be —_,
<br /> , -�- -.- app}I�fnst oo�he rosts of ta&ing canavl of�W managiag d�e Propaty aad coII�6mg the Raus.inctr�a8,but not • •
<br /> � , limited to,amomeys'fe�,�eivda fees,psemi�ns on�cciver's bunds.rePazr aad mazpre�aace costs,ins�nce . :'.;,�
<br /> ' ' �ms,�,�m�d mher e�g�s on the Prope�ty,aad th�m the sams seaired by 8te Set�city • . ' :.�
<br /> . ' . ,T'^..:
<br /> _ _ '.:"�, �� � Iasnz�men�(v)I ender,I.�dra's agants or anY jndiaaIIy►appoi�ted receiver sha11 be Hable to accomtt for ar�ty,thosa �--,
<br /> � � Rmtv acmally�eceived:and(vi7 i.eader shaU be ea�tt$d to Gave a receives agpointed to talce possession of and '_ �:�:'
<br /> . manage the Aogffitiy and ooII�t the Rents and profus derlved from the Propeaty wirhout any shawmg as w tLe �;-,,;�`�
<br /> - � inadequasy of tt,�lP�vpeaty as secaritq. � :�,�;::
<br /> . .' If the Re�ass of the�aperty_are nat saf�cient o0 oaver ttce coscs of raidng comrol of aad u�nagmg the -
<br /> ;.,;-:'
<br /> . . . � Ptopeaty aad of cnIIecdng tne Re,nts any fimds expended by I,enda for sucb pucy�oses shaU beaome indebteMess of �=�.
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<br /> . .4.; �.. � BaQmwes w L�da secmr,d 6y the Se�aulry Iaswma►t pmsuant to U�faim Coveaant 7. .'���:'"
<br /> � _� Bo:mwea re�rese�ts and warrant�t6at�wea has n4i executed any priar assgnment of the Reats and has �-+�.
<br /> . ., :j aotand w�l notp�osm any a�x that woWd greveatl.eudea fmm ex�g its riglits mider thispa�g�aph :, =�
<br /> Leasi�.or Le�dea's agents or a j¢dicially appointed neceiver,sLall not be reqaired to entra�pon,take conuol °K- ..��"
<br /> . . . . , of or maintain the Pmpeaty before ar afa�a gtvlag noticc of defauti tu Baaawe,r Huaever,Lender,or Le�udea's �.�-'
<br /> . agenta or a ludic�tY aPAointed receiv�,may do so at any dme whw a defaWt occurs.AnY aPPiicadon of R�ts . -=
<br /> � . ' � sliaaU not cure or waive any defautt ar Inva]idate any other rlght or reffiedy of Lendea.Ttds assigameat of Reuts of �--
<br /> • � � tlee Proyeriy sLaD tem�nate when all the sums secnred by the Sec�ity Ia�trament are paid m fall. --
<br /> � � - I.CROSS�DEFAULT PIdOVISION. Hmrnwer's def�ult or breach under any nate or �ent in �
<br />-. wldcb LRadea has an in�est sball be a bseach iutder 4se Secvrity Insanme�t aad LeAdea may invoke any of the -
<br /> . t+�edies peamitted by the Se�nity Iriswmetit � :-
<br /> . ' � � BY SIGNING BEIAW,Boirowex�ts aied agrees to the tenns and provlsions ooatained in this i-4 Family .
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<br /> TSOMAS M CONLON •Bprrawer PAYE CONLON -Bmm�var • .
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