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<br /> G.ASSIGNMENT OF LEASES. Upon Lendec's nquest, Borrower�hall assign to Lender all Icases of tho
<br /> Propeny ar:d all security deposits made in connection wi�h leases of the Property. Upon the assignmem, C.ender
<br /> sh�ll have the right to modity,extend or tern►in$t� thc existing leases and to exGCUte new leascs, in Lender's soie -
<br /> discretion. �+s used in thls puagraph G,the word •'lease"shall rman"sublease"if the Security lnstrument is on
<br /> a leasehuld.
<br /> H. ASSIGNMENT OF REMI'S; APPOINTMEMC OF RECEIVER; LENDER IN POSSESSION.
<br /> Borr.ower absolutely and unconditianally assi�ns and traiufers to Lende�all the rcnts and revenues("Rents")of
<br /> chp PropeRy, ngudloss of ta whom the Rrnts of the Property are payable. Borrower authorius I.endcr or
<br /> Lender's agents to collect the Rents,and agras that eacb tenant of the Property shall p�y the Rents to l.cnder or
<br /> L.�ncler's agenta.Howeve�,Borrower shall receive the Rents until (I)L.ender has given Borrower notice of default
<br /> pursuant to puagraph 21 of the Security Instrument uid (li)Lender has given notice to tlu tenant(s)that the Rents
<br /> ane to be paid to Lender or Lender's agent. This auigmm�t of Renta constitutes an absolute asaignment and not
<br /> an aasignment for additional security only.
<br /> lf[.ender gives notia of breach to Borrowor:(i) all Rents roceivecl by Borrower sh�ll be held by Bonower
<br /> u trusta for the benefit of i.ender only,to be applied to the sums secured by the Security Instrument; (ii)L.ender
<br /> shall be entitled to coller,t and re.ceive all of the Rente of the Propeny;(iii)Horrower agras that eacti tenant of the
<br /> Property ahall pry all Retns due and unpaid to L,onder or L.ender's agent�upon l.ender'a written demand to the
<br /> tenant; (iv)unless applicable law provides otherwiu, all Etents collectzd by Lender or Lender's agents shall be
<br /> applicd first to the costs of taking a�ntrol of acx! rn�naging [he Propany and collecting the Renta, iacluding,but
<br /> not limitod to, attorneys' fees, receiver's fees, pnmiums on receiver's bonds, repair and maintenance costs,
<br /> insuru�ce premiums, taxes, aasessments and other ch�rga on ihe Propeny, and then ta the sums aecund by the
<br /> Secudty Instmmenr (v)Lender, C,ender's agents or�ny judicially appointal receiver shall be liable to account for
<br /> only thosc Rents actually receival; and (vi) L.ender s�all be entitled to have a receiver appointed to take
<br /> poaseasion of and manage the Pmperty and collxt Ihe Rents and profite derivod from tl►e Property without any
<br /> showing as to the lnadoquacy of the Propeny as secudty.
<br /> If the Rents of the Property aze not sufficient to wver the costs of taking control of and managing the
<br /> Property and of collceting tbe Rents any funds exprnded by Lender for such purposes sh�ll become indebtedneas
<br /> of 13orrower to Lender�ecurad by the 5ecurity Instrument pursuant to Uniform Covenant 7.
<br /> Borrower npresents and warrants that Borrower ha�not executed any prior assignment of the Rents and has
<br /> not and will not perform any act tbat would prevent I.ender from exercising its rights under thi�paragraph,
<br /> C,ender, or Lender's agrnts or a judiclally appoimed receiver, shall not be requ[re�d to enter upon, take
<br /> contml of or mxintain the Property before or after giving nodce of defsult to Borxower. However, Lendcr, or
<br /> , l�ender's agents or a judicially appointod receiver, may do so�t any time when a defauU occurs. Any applicadon
<br /> of Fteata ah�ll not cure or wsave any default or invalfdate�ny ocher right or remedy of Lender.Tl�is assignme.nt of
<br /> Rrnts of the Propecty sh�ll termie�te when a!I the sums �ecurod by the Security In��rument are paid in full.
<br /> I.CAOSS-D�FAUI.T PROVISION. Bomower's default or breach under any noie or Agrament in which
<br /> Lender has an interest shall be a brexh under the Security Instmment and l.cnder may invoke any of the remedies
<br /> pernuttal by the Securiry Instrument.
<br /> BY SIGNING BELOW, Bonower xcepts and agrees to the terms and provisions contained in this 1-4
<br /> Funily Rider.
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<br /> �Z }��gsY -Borrower DAWN M GSEY •Borrower
<br /> (Seal) . (Seal)
<br /> -Borrower •Borrower
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