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<br /> 98- i�2,�ss
<br /> G� A35IGNMEI�T OF LEASFS� Upon L.ender'e requeat,Borrower sh�ll assign to Lender aU lexaes of the
<br /> 1'roperty u�d�11 kcurity depo�its m�de in connectian with leaxa of the Pruperty. lJpon the aaaignment, I.ender
<br /> �hall h�ve the dght tu modify,extend or terminwte the existing lea�ses And to execute new leases, in Lender's sole
<br /> diacretion. As used in this puagraph G, the word"lease" eh�ll mean"sublease" if the Security Ipstrument is on
<br /> a lcacehold. -
<br /> H. A3SIGNMENT O� RENTS; APPUINTMENT OF RECEIVER; I.ENUER IN PUSSES9IUN.
<br /> Bonnwer s►bwlutely uxl uncflndltlonally assign�And transfers to Lender all the rents and revenues("Rents")of
<br /> the Propeny, regudless of to whom the Renu of the Propert,y are payable. Bonower authoriva Lender or
<br /> I.endor's agenta to collxt the Rents, and agree�that e,�ch tenant of the Property ehall pay the Rente to I.ender or
<br /> [.ender's agonu. Hawever, Borrower shall receive the Rents until(i)Lender has glven Bonower notia of default
<br /> purauuit to pua�raph 21 of the Sccudty Inanumcnt and(ii)I.cnder hu given notice to the tenant(s)thRt the Rents
<br /> ue co be paid to LaK1er or Lender'a�gent.Thia aulgnment of Renu consttwt�s an absolute aasignmcnt and rat
<br /> an a�iignment for additlonal aecurity only.
<br /> If Lender gives notice of bre�ch ro Boaower: (i)�11 Rente received by Borcower shali be held by Bonower
<br /> as trusta for the benefit of Lender only, to be applied co the suma secured by the Security Instrument;(ii)Lender
<br /> sh�ll be rndded to collect and recelve all of the Rents of the Property;(iii)Borrower agrees that each tenanc of the
<br /> Propeny ehall pay all Rents due and unpaid to Lender or Lender's�gente upon Lender's wrlttcn demsu�d to the
<br /> tenuir, (iv)unlWS spplicable law provides otherwise,a11 Renu collected by I.ender or l.endcr's agrnts shall be
<br /> applied firat to the coste of taking controt of and tnanaging the Property aad copscting the Renw.includlna,but
<br /> not limitod to, attorneys' foes, rxeiver's fcei, premlums on receiver'e bonds, repsur and m�intenance casts,
<br /> Insurance premiums, ta�cea, as�essments and other chuges un the Property, and then [o the sums�ecured by the
<br /> Securiry Inatru»�ent;(v)Lender.I.ender'a agent�or any judicially appointod receiver shall be li�ble to accaunt for
<br /> only Wose Rent� actwilly received; and (vl) Lender shall be endded to have a nceiver appointod to uke
<br /> posxs�ion of and man�ge the Pmperty and collect the Rents ond profit�derived from the Praperty without �ny
<br /> showing as to the in�dequacy of the Property su exurity.
<br /> If the Rents of the Property are not sufCctent to cover 1he coscs of taking control of and mansgiag the
<br /> properry and of collocting the Rents any fimds expended by Lend�r for such purpoaes shall become indebtedneta
<br /> of Borrower to l.ender�ecured by the Secudty Instrument pursuent to Uniforni Covenant 7.
<br /> �fUr[oWCC tCp[�ctiii�auu Wnliiuii5 itiu uGIfOL:�a,r h�r,ot az�s:�«Sl�grlQr�lea.�nt of�ht!?snr.��h,u
<br /> nat uid wiU not perform any ut thsu would prevent Lender from exercising ita right�under thla par�yraph.
<br /> Lendcr, or Lender's ngents or a judicially appointed receiver, ahtll not be required to enter upoa. ake
<br /> oontrol of or maintain the Property befon or after giving natice of def�ult to Barrower. Hawaver, L.enda, or
<br /> I�endec's a�eata ot a judicidly uppointed meiver, may do so at any time whrn x defwlt occuta. Any application
<br /> of Renta ahall not cure or w�lve any default or invalidate any other right or nmody of L,ender.This ouaigamcnt of
<br /> Renta of the Property ah�ll terminate when all the sum�secured by the Securiry Instnur�ent ara p�id in full,
<br /> I. CR065-DEFAULT PROVISIUN.BocrowGr's defxult or breach under any note or agrametit ia which
<br /> L.ender his on lnterat shxll be a breach under the Security irstnrment and[.ender may invoke any of the remodiea
<br /> permlttod by the Security Inatmment.
<br /> BY SIGNING BELOW, Borrower accepts and agras ro the terms and provisions conG►ined in thia 1-4
<br /> F�mily Rider.
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<br /> �R'T M 1iILLIl1M$ -Borrower HCTH C WILI,IIIM6 •Borrower
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<br /> -Borrower •Borrower
<br /> �-67�ow��.oi nw 2 a s Fam 3770 3183
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