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<br /> � r�-_- �-�. - . G:�GNR�I+iT U�L�ASE�.t7pon Leader's tpquest.Hnrrower sLa1l ass1P�m�.eac�er a#i le�s ctf t�-_ — � -
<br /> •,. U� , .,..`t. " Properry and a1t security depasits made in connecdon with leases of tiie PropeetY-Upan the assigniaent.l.eu�er . . 4 ��.
<br /> • .��' '"�.�-� . siiaU haye.the right to mndify.extend or terminate t6e PYlnan,teases and W execate�w leares,in Lender's sott i t"��
<br /> �'' , .:� °. . dissretion.As used in this paiz�gcaph G,tf�wo;d"teate"sha11 mean"sublease"if the Security L�sun�t is on
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<br /> FQ -r� — � � a leasehold.. - -� - . 4 � • � ' ��_ �:-.
<br /> .`< < �� . ' , H. ASSIG�:�DY� !'l�Ai3S:. AP��iT Oa� A�.I�'DER'HV �O�ON `
<br /> f ' Botrower absnlntely and uncoaditionaAy assi�as and transfers to Leader alI the mnts and revqsntes("Rents'�of . '
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<br />` , �' .� ' . � � tae Pm��erty, oegardless o€sa whom the Rents of'the Pmperty�are payable. �rmwer suthorizes Leader ar�. . ; i`�n_
<br /> � � '�� .� L.ender's ageau tQ wlIea the�nts,and age�that each tenaat of the PropertY shali FaY the Rents ta Lender or � . b�. '-
<br /> : .r . �.eader's agents.However,Bon�ower shalZ ceceive the`Reats�antil E7 I.endcr has given Bomawer nbtice af defxu[G -� - -
<br /> K ,:,! . pnrsaaat to par8grap�2i af the Security I�tsuunaeat and t�j�T��'�ea notice to the tenant(s)that tt�Re�us �
<br /> .: '` °� are to be paid to L�endei ar Lese�nder's agent.T4is assi�tnent of Re�nts,c�onsdtat�an absnlute assig�mgnt and uot �.. _
<br /> `. , '°4 an assigtunent for additiqnal securiry only. � . ` ' - �_
<br /> n� . �•
<br /> ��� , •:€ � I�Lender gives notice of breach ta�omnwer:(i)ali Renta reoeived by Bumnwer shall h0 held by�izcower `_ _
<br /> , v ,fi : as xiust@�for the 6euefit of Leteder onty.w be ap�slied to the sums seeut�l by the Secusity Instrumeat;(n7 Ixndet � . e: ..
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<br /> ':� shaTt be entiued to collect and�eive all s�f the R�nts�of ths Praperty:tni)Borcawer agrees that each•tenant of the• . � �-
<br /> � ' i.,,';; Prop� shall pay alt Rent3 dae.and-nnpaid to Leader or Leader's agents u�,wn Lemdez's wriMen�d�emiand to the . �_' _
<br /> _:_�` ` ' y: .. , teaaia�4�v)uai�ss aPPlicable la�'grorides otherwise,all Re:tia coltecqed by l.ender or Lender's ageuts shaU 6e ' ,,
<br /> ''�`°?� .appnst�:�t to thc casts of�c.�naal of and maaaging ihe Fragerty.and collectiAg,.the Iteats.i�lading.but �-:` _
<br /> . �.t°�•�:•: s3 � nnf limired to. attor�eYs� fers, receiver's fees. Imemivans on receiver's.6onds, re?air and msinteta3�ce cascs� . �� ,�.
<br /> �r' � insufance�remi�tax�.assessstteats and other charges on the Pmpercy,and then to the sRUns s�by ttie �:: .4•
<br /> • �' $ecurity Insuameat;•(v)Lender,Sxader's agents or any}udicialJy appoiated reoeiver shatl(�e liable to actauiit for ,
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<br /> .',�..r. - oniy those.Rents.acxoa�lY receiv�; and tv� I.ender st�aU 6e eatittest to tia+re a'ar,o�iv�r appainte�.to take �_ .`-
<br /> � -_y���.,. . _ , r.
<br /> � .. .. possession of and��nage the��roPcrcY aAd collecx the Ren�s and profits der�ved fro��is Property v�i�wuL a�y &, n_
<br /> � ,. • � } ` shot+ring as ta the d��uxc.y of the Pmperry as security. ,. `.,�, -
<br /> . ��-:�;�.� . : If the Rents of We Froperty are not suffutent to cvver the.cQSts of taIring eantrol of and ruanaging tbe• ' �._ _'�
<br /> . .�° "�€ � Ptoperty and af enllecting ibe Rents any.funds CxPeadet�@Y Lender for such parposes shall become irnlebtalnPSS , -- -
<br /> = . �. ; ' . ` af Borrower to L.enQer secored by the Securiry Instcum�nt pursuaat to Uaiform Coveanant 7. , . • __
<br /> 'r.: > �r,. . Botru�ver represents and warrents that Borrower has not executed any psior as3ig,n�ttent of the Rents aasi has °�_
<br /> . � � . �`��� aot and wilt not perform any act that evould prevent Lender from exercis'uig its rights ander this paragaph.. � -�
<br /> '�� �F � Lender;or I.endsr's agents or�a judicially appointed receiver, shatl.not be required ta eurer upaA, ta►ce �-
<br /> . ` .' .r . . coimol,of or maiutain fhe Property before as after giving notice of default to Boreower.�However:`Leridzr,or � � , i. '-
<br /> � � �:`. � �Lend�r's a�enu oi a judicially appointed receiver.may do'so at any time xrhen a de�aidt oecuty:Auy appksazion _ F :-._
<br /> •� ` , . of Rents shalt not rure or waive any default or iavalidate any ather si�ht or�remedy of'Lender.This asstgnment of • �, .:.
<br /> . . � �, • • .,��� Rents of the Property�shali temnn�te when xll the sums secured by the Security Instrument are paid in fult. . t..;,�:-
<br /> :. � i.CdCOS�DEFAULT PROVISION.Borrower's default or b�ach under,any note or agreem�m in�hich .
<br /> �� �. ' - �Lender t�as an intenes�shall be a breach under the Security InStrument and Lender may invoke any of the remedies • '�-` "__
<br />- • � . �. , . permitted hy the Security Instrumeat: .. � , .--
<br /> � • ' -�� `• � BY SIGNI1�iG BBLOVf/. �onower accepts and.agrers w che terms and provisions'wntained in 6�is.l-4 y
<br /> r ., Family Rider. .. . . . _
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