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<br /> C. ASSIGMM�N7'nl�L�ASIsS. Upon l.endcr's rcquest, Rarrowcr shall assign to Lcnder all Icases of thc
<br /> Propeny and all security deposits msKic In conncclionwith Ica.w:s of�hc Propcny. Upon thc assignment, Lcndcr
<br /> shall have the right io modify, catend or terminAtc thcexisling Icases and to exccute new Icases, in I.cndcr's sole
<br /> discretlon. As used in this paragraph G,ihe word "leasc" shall mean "subleasc" if thc Sccurity Instrumcnt is on
<br /> a leasehald, r
<br /> H. ASSIGNMF.NT OF RFN'TS; APPOIN'I'MENT Oh RECF:IVF.R; 1,FNDBR 1N POSSESSION.
<br /> Borrower absolutcly and unconditionaliy assigns and uansfers to I.,ender ull thc rcnts and revenucs("Rcnts") of
<br /> the Propcny, regardless of to whom the Rcnts of the Propeny arc payable. Borrowcr authoriaes Lender or
<br /> Lcnder's agents to collect the Rents, and agras that exh tenant of thc Property shell pay the Rents to I..cndc�or
<br /> L.ender's agents. Fiowcver, Harrower shall receive the Rents until(i)l.ender has given Borrower notice of default
<br /> pursuant to paragraph 21 of tl�e Security Instrument and(ii)Lcnder has given notice ta tl�e tenant(s)tha[the Rents
<br /> are to bc paid to I.ender or L.ender's agent. This assignment of Rents constitu[es an absolute assignment and not
<br /> an assignment for additional securlty only.
<br /> If I.endcr gives notice of brcach to Borrower: (i)all Rents received by Borrower shall be hold by Borrower
<br /> as trustee for the benefit of Lender only,to be appli�d to the sums secured by the Security Instrument; (ii)I.ender
<br /> shall be entitled to collect and receive all of the Rents af the Propeny;(iii)Borrower agras that each tenant of thc
<br /> Propeny shall pay all Rents due and unpaid to Lcnder or Lender's agents upon Lendcr's written demand to the
<br /> tenant; (iv)unless applicable law provides othcrwise,all Rents callected by Lcnder or Lendcr's agents shall bc
<br /> applied�rst to the costs of taking control of and managing the Propeny and collecting the Rcnts, includiug, but
<br /> not limited to, attomeys' fees, receiver's fees, premiums on receiver's twnds, repair and maintenance costs,
<br /> insurance premiums, taxes, assessments and other chuges on the Property, and then to the sun�s securcd by the
<br /> Security Jnstrument;(v)L,ender, Lender's agents or any judicially appointed receiver shall be liable to account for
<br /> only those Rents actually received; and (vi) Lender shall be entltlui to have a receiver appointed to take
<br /> possession of and manage the Property and collect the Rents and profits derivcd from the Property without any
<br /> showing as to the inedequacy of the Property as security.
<br /> If the Rants of the Propeny are not suffcient to cover the costs of taking control of and managing the
<br /> Property and of collxting thc Rents any funds expcndal by Lender for such purposes shall become indcbtedness
<br /> of Borr�wer to Lender secured by tha Security lnstrument pursuant to Uniform Covenant 7.
<br /> Bortower represents and wanants that Borrowcrhas not exxuted any prtor assignment o�tne Kents anq nas
<br /> not and wiil not pedorm any act that wauld prevent Lender from cxercising its rights under this paragraph.
<br /> l.ender, or Lender's agents or a judicially appointec! receiver, sl�all not be required to enter upon, take
<br /> coiitrol of or maintain the Propeny before or after giving notice of default to Bonower, However, Lender, or
<br /> Lender's agents or a judicially appointed receiver,moy do so ac any time whon a default occurs. Any application
<br /> of Rents shall not cure or waive any default or invalidate any other right or remedy of Lender. This assignment of
<br /> Rents of the Propeny shall terminate when all the surm secured by the Security Instrurnent are paid in full.
<br /> I. CRUSS-DEFAUI.T PROVICION. Horrower's default or breact►under any note or agrcement in which
<br /> Lender has an interest shall be a breach under tht Sc:curity Instrwnent and Lender may invoke any of tl�e remedies
<br /> Ixrmitted by the Security Instrument.
<br /> B�' SIGNING BELOW, Borrower accepts and agrees to the terms and provisions containcd in this 1-4
<br /> Family Rider.
<br /> ���� (Seal) IfGI C✓1 $if' _(Seap
<br /> DOUANGSY -Borrower VANSY -Borrowcr
<br /> (Seal) (5eal)
<br /> •Borrower -IIorrower
<br /> ��-67 isao+�.o� Pne z oi s Form 3170 3/93
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