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<br /> .. • ....' i;�� B.USE OF Pi�O�d'Y;COMPLIANCE�VITH 1.AW.Bonowes shali aot seek,ag�e oa or make a . _ _-
<br /> .. . •`:. • cbange in the use of the Pcoperry or its zonmg�am,�I.end�has agreed in writing�o the ` _-
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<br /> ; h. `�� chang�Batraw�shall cAmply vri�alt L�vs,�nanc�s,regulations aad cequir�rs of an�r gav�ral } -
<br /> -�: body app3icable to the Ftopeaty. - _
<br /> �. ' -;,t G SUBOIIDINATE LIENS.Eacept�pecmeu�d by federal law.Boncav�sha}i not aliow any liea
<br /> . . . ,_ � lil�CllQZ GD a16 $CCIIItiyl �L[O t7C jIC��8�1hC glOp�t WlItlOUL I.CII�l�B pit67 M1I0'A , �y_'..
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<br /> ';�1:�:� "�{"°� D.REl1iT LOSS INSUItANC&Bo�sawer shaU maintain ms�uanoe a�rent loss iii addid�to d�e ~`:�.4;:
<br /> , .� �:� ..;:�.` oihea haz�ds faz which insar�ce�s m.�cd bY Unifamm Cov�t S. _--
<br /> ;�'t E."BORgQVDER'S RIGHT TO REINSTATE"DBI.ETED.Unifann Cove.naat 18 is deteGed:
<br /> r .:�; F BORBO�PP�'S aCCUPANCII.Unless L�udca and Samower othedwi.'se agree m wtltmg.the fusi .:� .' -
<br /> , � ,�n' se�nce m Unifo�CoveAanY 6 cone�niag Bormwer's ocCUpancy of thePioperty is dekted.Atl m�ing .. �" ,_
<br /> .:-.,�;� cove,nants and agrreements set fbrth m Unifo:m Covenant 6 st�all mrtrain in e�'ect ' y<< •,� .
<br /> ?•; � G.ASSIGNlv1ENT tDF IEASES.Upoa I�ndea's reqaest,Boaower shaD assi$n w I.ender a11 leases of • - _
<br /> ;�. � �'�, •:� l . the Pmge�ty,and a71 sec�ily d�posita made in onaneaion with ieases Of the Prop�.Upoa ths a�Igame,nt, '
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<br /> . i Lendri sS�all have the right to madify,excead or te�at�the wdsdng 2eases and to eae�te new teassg.in ` ._
<br /> �y: -, Lender's sole discretian.As nsed in dtis paragtaph(;,the ward°�se"sl�sil mean"sablease"if the Seauity� ' ""� ,
<br /> ` : .` . lnsuu�eai in�a a IeasehoId. • � �
<br /> `:• �'1 i�.ASSIGNN�PiT OP REN7'S:APPOIIVTIU�T OF B�E:C�R;LENDER IN POSSESSION. --��:_=
<br />_ . :, . ' � Borrower absohnelg and�mcoadirionally assigns and uarisfers ta Lender ail the reuts and sevenues("Rents'), . -`°—�:, �
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<br /> , �.,. , ; ._ ; . of the Prapetty.regat�ess of to whom th�Re,nts of the Pmperiy are payabl�.Bosmwa auth�L�der or ' � ,
<br /> .-. ,. Lendea's agenB[o coiiect the Re�nts,and�qrees that each teuant of the Prapeaty shall pay the Reats to Le�der_ , "��.,''*�� `-
<br />_- � . . : ? or Lendec's agents.Hawever,Bomawer sLa11 receive the Rents nntil()I.endea ha4 given Bomnw�r notice of � �-,��':;
<br /> � ,._'; . default ptnsuant to pa�agraph 21 of�e Security�ns�ameat and(u�Leader t�as given notioe o�6te te�ant(s) - �.
<br /> . ;�. . '� ti�at the Re�ts are tv be paid to I,euder or L.endea's agent'i�is assigament of Rents�an absol�e � ��,�
<br /> , ��' ' . , ,�=; asdg�neeut and not an assignment foz addi�onal secariry only. ,�, .:
<br /> �... �� . If Lendca gives aotioe of breacb w Hoaocved:(�all R�ts r�eived by Haimwea shaU be hetd by . �.
<br /> ' Banowea as uustee for the benefit of I.e�d�only. to be apptieA w the sams sec�ed hy t�e Secmiry � �'•�'�'
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<br /> � .. ,;�� . .:,� Inst�uraea�(a7 Lendea shall be entiUed w collect and receive a11 of the Rents of tAe Prapeaty;(iii)Banower . •� #':;T�:
<br /> .� ,� •._ .� agrees tbat eacii t�ant of the Progecty aLaII pay ail Reats dae and ungaid w Leadea ar I.endrd•s ag�ts apon . . .;�.�''i
<br /> , '' �- I.endea's written demand to the t�an�(iv)unless applicable taw provides othe:wise.all Reat$collected by '���
<br /> : . Lender ar Lendea's agents shaII be applied first to the costs of taIdAg control of and managing the Propeaty � :�F"`
<br /> ..:� .'; ' � and coltepLtg t3ie Reaitv.inctading,bat not tunited tp.atfomeys'fees,rece�ver's fees,Dre�uams an receivea's • . —
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<br /> f bonds. re�alr and maintenartce costs. insurance yremiura9. taaces.asse�sments and other cha:ges on the � `,--
<br /> � f ' Propeny.and then w the sums secured by the Scc�ity Insmm�enC tv)Lender. Lender's�agenm or any . � �.
<br />_�.. � � ,.,I,,:� judiciaIIy aggointed recdv�shaU 6e tiable to aceount far only those Renvs maually received;aud(vi)I�der . . '':.�
<br /> .� . . + : s�aU be entitled to have a receivea appoinced w take possession of and manage the Propearty and collect the ':`. ` "' -
<br /> ° , ': , � Rents and profits deaived from the Pmpeaey withnut any showing as to t�e inadequacy of the Property as . ,
<br /> . • .; S�ty. . . -
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<br /> _ .,,,,� �, � • �STU(9705} Page 2 of 3 Form 91y0 3/93 , .
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