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<br /> __ G.ASSIGNMF.NT OF LEASES. Upon I.cnder's request,Baaowcr shaU assign to L.cndcr aU leascs of thc
<br /> --- . Property and all socudty deposits made In connecdon with leases of the Property.Upon the assIgnment, Lender
<br /> � shaU have the right w modify,cxtend or terminate thc existing Icases and to execute new lcas�s,in L.ender's salc
<br /> • diacxetion.As nsed in this paragraph G,the word "lease"shaU mean "sublease"if the Security Instrument is on a
<br /> ��� leas�;hold.
<br /> "����•�'�•� H. ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; LEI�IDER IN POSSESSION.
<br /> �"�`�"v Borrower absolutely and unconditIonally asslgns and transfers to Lender att�e rents and revcnues("Rents")of the
<br /> " , Property, regardless of to whom the Rents of the Property are payable.Borrower suthorizes Lender or Lender's
<br /> •�j����;�;-..�; agents to callect the Rents,and agrees t�at each tenant of the Property shell pay the Rents w Lender or Lender's -
<br /> ;� agents.However,Borrower shali receive the Rents until(i)Lcnder has given Borrower nodce of defaidt pursuent to
<br />^_��:"`� patagraph 21 of the SecurIty Instrument and(ii)Lender tws given notice ta the tenant(s)that the Rents are to be
<br /> '•'�'' =�''�• paid to Lendcr or I.ender's agenG 'Ihis assIgnment of Rents constlwtes en absolute assignment and not an
<br />';�s'�:��,i?; esslgnment for addIdonal socurlty only.
<br /> . �., If Lender gives nodce of breach to Borrower:(i)aU Renta received by Borrower shall be held by Borrower as
<br />���';;e: "� avstee for the bene�t of I.ender only,to be applied w the sums secured by the Securlty Instrument;(i!)I.ender shall
<br /> � be entitlecl to collect and receive all of the Rents of the Properiy; (ia) Borrower agrees that each tenent of the
<br /> _.�r* `' Property shalt pay aA Rents due and unpaId to I.ender or Le.nder's agents upon Lender's wdtten demand w the
<br /> o;�;,;.�,�, tenant; (iv) unless appllcabte law provides otherwise, all Rents collected by I.ender or I.ender's agents shell be
<br />-�:;;�?� applied C�rst to thc costs of taking contrul of and managing the Property and collecting the Rents,Including.but not
<br /> ��" llmited to,attomeys'fecs,receiver's fees,premiums on receiver's bonds,repair and maintenance costs,insurance
<br /> A��� premiums, texes. assessments and other charges on the Property,and then w the suma sccured by the Securlty
<br /> ----___�_ Insuument;(v)Lender,Lender's agents or eny iudicially appointed receiver shaU be liable to account for only Wo.ce
<br />—.-�,�. � Rents acwally received; and (vi)Lender shall be en6tled to have a receiver appointed to take possession of and
<br />—__,__= manage the Property and coUect the Rents and profits derived from the Property without any showing as w the
<br /> ___�;� • ���q�acy of ihe Property as security.
<br /> __ If the Rents of tha Property are not sufCcient to cover the costs of taking control of and mAn�.In� the
<br /> _° Property and of collecdng the Rents any funds expended by L,ender for such purposes shall become indebte�lness of
<br />_ Borrower to Lender secured by the SecurIty Instrument pursuant w Uniform Cavenant 7.
<br /> __ . Horrower represents and wacrants that Borrower has not executed any prior asstgnment of the Rents and has
<br /> .___;;�.. not and wIU not perform any act that would prevent Lendu from exerclsing its rlghts uad:s thls pa�agraph.
<br />____ -- Lender,or Lender's agents or a judicielly appointed receiver,shaU not be requimd to enter upon,talce control
<br />--�-=�-�.'� of or maintaln the Property before or after giv�ng notice of default W Borrowcr. However,Lender, or Lender's
<br /> agents or a Judiclally aoaoinud receiver,may do so at any time when a default occurs.My eppllcaflon of Rents
<br /> ,. ahall not cure or w:9ive any default or InvalId2te eny othu dght or remedy of Lender.This assignment of Rents of
<br /> — _ th:��r!;r�i;,aminace when all the sums secured by the Security Insuvment are paid in fiill.
<br /> --- I.CR03S•DEFAULT PROVISION. Borrower's default or breach under any note or agceement in
<br /> - which Lender has an interest shall be a breach under the Security Instrument and Lender may invokc any of the
<br /> _� remedies permiued by the Security Instrument
<br />__ `r— SY SIGNINa BfiLOW,Borrower accepts and agrees to the terms and provisions conmined in this 1-4 Famlly
<br /> = Rider.
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