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<br /> G, ASS[GNMEIVT OF LEASES. Upon Lender's request, Borrower shall a�sign to Lender all Icnsrs of the
<br /> Property and all security deposits made in connectinn with leases of the Propeny. Upm► the assignment, I.ender
<br /> shall have the right to modify,extend or terminate the existing Icasec and to exccute ncw Icases, in l.ender's solc
<br /> discretion. As useci in this paragraph G, the word "lease"shall mcan "subleasc" if thc Security Instrument is on
<br /> a leasehold, --
<br /> H. ASSIGNMF.NT OF IIENTS; APPOINTMENT OF RF.CEIVER; LENDER IN POSSESSION.
<br /> Borrower absolutely and unconditionally assigns and tranefCrs to Lender all thc rents and revenues("Rents")of
<br /> the Praperty. regnrJless of to whom ►he Rents of the Propeny are payable. Borrowcr authorius Lender or
<br /> Lender's agents to collect the Rents, and agrees that each tenant of the Propcny shall pa;�the Rents to Lender or
<br /> l.endor's agents.However, Borrower shall receive the Rents until(i)l.ender has given Bonower notice af default
<br /> pursuant to paragratsh 21 of the Security Inatrunxnt and pi) Lendcr has gtven notice to the[enant(s)lhat the Rcnts
<br /> are to be pud to L,ender or Lender's agent. This assignment of Rents constitutes an absolute assignnxnt and not
<br /> an assignment fur additional sceuriry only.
<br /> If Lender gives notice of breach to Borrower: (i)all Ronts receivcd by Borrower shall be held by Borrower
<br /> , as trustee for the benefit of L.ender only, to be applicd to the sums secured by the Sccurity lnstniment;(ii)Lender
<br /> sh�ll be entitled to collxt and receive all of the Rents of the Propcny;(iii)Barrow�r agrees that each tenant of the
<br /> Propeny shall pay all Rents due and unpaid to I.ender or Lender's agents upon Lcnder's written demand to the
<br /> tcnant; (i�)unless applicable law pravides odnecwise, �11 Rents collected by I..cndcr or Lender's agents shall bc
<br /> applied fint to the costs of taking control of and managing the Property and colla:ting the Ronts. including,but
<br /> not limitcd to, attorneys' fees, receiver's fees, premiums on receiver's bonds, repair and maintcnance costs,
<br /> insurance premiums, taxes; assessments and other chazges on the Property, and then to the sunu secured by the
<br /> Securlry Instcument; (v)L.ender, Lender's ag�nts or any judici�lly appoiated receiver shall be liable to sccount for
<br /> only those Rents actually received; and (vi) Lender shall be entitlal to have a receiver appointed to take
<br /> possession of and manage the Proporty and collect the Rents and pmfits derived from tne Property without any
<br /> showing as to the inadequacy of the Property as security.
<br /> If the Rents of ihe I'raperry are not sufficient to cover the costs of taking contral of and managing the
<br /> Pro�xny anci of collecting the Rents any funds expended by Lenber for such purposes shall become indebtain�ss
<br /> of Borrower to l.ender securod by the Security Instniment pursuant to Uniform(;ovenant 7,
<br /> ' Bo[[vwcr[c�i�c5cida ali3 YJdTC.StiS 21i>t�;.0'�Cf�5::RO:t`LtCL':L�3I1�F*!4T�cjonr►Nnt �f the ReI'iis and hes
<br /> not and will na pedorm any acc that would prevent Lender from exercising i�s rights under this paragraph.
<br /> l.�nder, or L.ender's agents or a judiciaily appointod receiver, shall not be requEred to enter upon, take
<br /> contml of or maintain the Property befon or aftcr giving notice of default to Borrower. However, Lendcr, or
<br /> I.ender's agents or a judicially appointed receiver, may do so at any time when a default occ��rs. Any applicuion
<br /> of Rents shall not cure or waive any default or invalidate any other right or remody of Lender.This assignment of
<br /> Rents of the Propeny shall terminate when all the sums secured by the Security Instrument are paid in full.
<br /> I. CROSS-DEFAULT PRnVISION. Boaower's default or breach under any note or agreement in which
<br /> I.ender has an interest shall bc a breach under the Security Instrument and l.ender may invoke any of the remedies
<br /> permitted by the Security instrument.
<br /> BY S[GNING BELOW, Borcower accepts and agrees to the tern►s and provisions contained in this l-4
<br /> Funily Rider.
<br /> ���('q��,yt -- (Seal) �.fir��-.L? �c�.3�_(S�ap
<br /> I,BUTH PHBTVIHIINH •Borrower KH112� HAND113AK -Burcower
<br /> �;;��) (Seal)
<br /> •Borrowcr •Bortowcr
<br /> �•57�saa�.o� P+a���� form 3170 3193
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