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<br /> 98- 112�26
<br /> G.ASSIGNMENT OF LEASLS. Upon L.ender'�rsqueat,�orrower shall weign to Lender�11 Icaaea af chc
<br /> prop�rty�nd �II secudty deposiu made in cor►nection wi[h le�es of the Propcny. Upon the ueignment, Lender
<br /> ihall have the d�ht to modlty,�xtend or termlruue the exiiting leases�nd to executa new IeASei. in l.ender's sote
<br /> diccretion. As usod in thie paragraph C3,the word"leue"sha11 me�n "subleuae" if the Secudty lnatn►ment i�on
<br /> a leuehold.
<br /> H. ASSIGNMENT OF REN'I5i A���T OF RECEI'VER; LENDER IN POSSESSION.
<br /> Bormwer ebsolutely xnd uncondidon�lly auigna�nd truufero to Lerider ull the rente�nd revenuea("Rente")of
<br /> the property, agudlaa of to whom cho Renta of tha Pro{xnY +� PaY�ble. Borrower auchoriz� L.ender or
<br /> Lender's agents to collect the Renta, u�d agroea d►at each cen�nt of the Froperty shal�Pay tlu Renta to L.ecder or
<br /> I,ender'a�enu, Howevtr, Borcowsr shall roceive the Rents uatil (1)I.eader has given Boctower notiee of defwlt
<br /> punuaat to panigraph 21 of the Securiry Icutrumeat�nd(ii)1.aider hes given notice to�he tenant(a)1hAt the Renta
<br /> are ro be paid to L,ender or l.ender's agent. 7riia aasi�nn�ent oF Renta cotudtutea�n�bsolute wignmenc and not
<br /> an uaignment for addition�l sxurity only.
<br /> if Lendet g�vci notiu of breach to Borrower. (i)dl Renn received by Borrowcr shall bc held by Horrower
<br /> aa trustee for 11�e benefit of I.ender only,to be applied to the euu�s aecured by the Security Inatmma�r,(ii)Lenda
<br /> shall be eatitlod to collect�tid raxive�ll of tde Rents of the PropertY:(��j)B�Rawer�gras chAl e�c!►tenu�t of the
<br /> Pcnpecty ahall puy all Ra►ut due and unpaid to i,eader or L,ender'e�eats upon i.ender'a wdtten demand co the
<br /> teuu►t; (iv) unleas applicxble law providea otherwiee, xll Renta collectal by Lender ar L,ender's agents �hall be
<br /> apPlied ficat to tbe cous of taking control of u►d nw►aBii►S the Pr°(xnY ��°Uxting the Rrnu, includin�,but
<br /> not limited to, attoraeya' fas, receiver's fees, premiums on receiver's bonds, npair And a►�inta►aoae costs�
<br /> inaurance premlums� tsu�a. �swnena and other charga on the Property�and then to the suma eocw�od by the
<br /> Socurity Inetcumenr,(v)Lender, Lender's agent�or any judiciAly eppointed rocxiver shall be lisble to accounc for
<br /> only thou Ytanca �ctually received; u�d (vl) Lender shall be entitlod to have a raxlver appointed to take
<br /> pouwion of ond aunage the Property and collxt the Renu�c►d profits derived fm►n tUe Property without any
<br /> ahowing as to t�e indequacy of the Prope�ty ns ser,�►rity.
<br /> If the Reats of the Property are not sufficient to cover the coata of taking�nt�mal`�������
<br /> pro�e�ty and of collxting tl�e Rents wy fw�ds eaPenda�bY Lender for such pui'po
<br /> of Borrowa to Lender secsred by the Security Ins►.cumeac punuant to Unifonn Covenwt 7.
<br /> Borrowa cq►reaenu u�d wtmnu tbu Borrowa i,rn„vi a�:.:ui�2::n�grior aa}er�r�f�he Rmcs and has
<br /> not�ad will not perform�ny�ct th�t would prevent Lender from exercising its riahts under thi�Puagraph.
<br /> I,eader, or I.ender's agents or a judlclally appointed receiver, ahall not b� requlrod to entex upon, ta1�e
<br /> control of or maiat�in the PropertY befure:or after giving nocice of defwlt ta Borrower. However, Leader. or
<br /> Lender'a a�eat or a judici�lly appoiated receiver,may do so u anY time when a default occun. MY apP�ication
<br /> of Renp�hall not aue or waive�ny default or invalidate any othar right or remedy of I.ender.Th�a u�ignment of
<br /> Rentt of the R�opeccy stull tem►iaate whrn�ll the suma securod by the Security Inatrument are paid in tull.
<br /> I.CRU6S-DEFAULT PROVISION. Borrower's defwlt or bre�ch unda aay nou or agxeemen� in which
<br /> Lender ha an interat aiu�ll be�bre�ch under tt�e Security Instrument and I.tinder may invoke any of the nroaliea
<br /> ptrmitted by the Socurity Instrument.
<br /> BY SI(3N1Nd BELOW, Borrower accepts and aBroes to the terms and pmvisiona conu►inal in thia 1-4
<br /> F�mily Rida.
<br /> (�1) �.�[��_(�)
<br /> STS N �7 S •Borrower CHYNA Hl►YZ9 •Aorrower
<br /> (Sa11) (SeAI)
<br /> -Botmwer •Bortower
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<br /> �p.2 w 2 Form 3170 3/83
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