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<br /> 98� 1�.2'7es.
<br /> G. ASSIf�NM�N'I'OIr'LH ASF.�I� Upon l.ender'�reyuest, �ttrowcr ehall asyign ta IAnder ull Itasca of thc
<br /> Praperty �nd u11 necurl�y dcpo�it+madc in connecUan wl�h Irw�es uf ihc Property. U�xnt thc aRSignnunt. I.endcr
<br /> �hnll h�ve Ihe ri�ht ta�m�dffy,cxlrnd or urmin�tc thc exlsdng Iensc+und ta exr.cutc ncw Icehcc, in l.cndcr'�solc
<br /> discre[ion, A�+u�scd in this paragraph G,thc word "leasc"shall�nenn"suble�se" if thc Srcurity Instrwnenl is on
<br /> alepschald. `
<br /> H, ASSIGNMENT OF R�:IVTS; APPOINTMEN'P AF REC�IV�R; I.�NDER IN PUSSESSION.
<br /> Borruwer absolutely and unconditionally assigns and tran�fcrs to l.ender all the rents and revenucs ("Rents") of
<br /> thc Properly, regudless of to whom the Renta of the Property are payable, Borrower authorlces Lendcr ur
<br /> L.ender's agonts to collcct the Rents. azid agr�es that cach tenant of thc Property shall pay the Rents to Lender or
<br /> I.ender's agents. However, Borrower shall r�ccive the Rents until (i)l.ender has givcn Borrower noticc of default
<br /> pursuant to paragraph 21 of the Sccurity instrument and(ii)Lender hns given notice co the tenant(s)that the Rents
<br /> are to be paid to Lender or Lender's agent. This assignment of Rents constitutes an absolute assignment and not
<br /> an assignment for addi[ional securlty only,
<br /> If l.eader gives notice of brcach to Borrower: (i)all Rents received by Borrower shall be held by Borrower
<br /> as trustee for the benefit of Lender only, to be applied to the sums secured by the Sccurity Instrument;it�)�nder
<br /> shall be entitled to collect and receive all of the Ren�s of�he Propeny;(iii)Borrower agrees that each tenant of the
<br /> Property shall pay all Rer►ts due and unpaid to L.ender or Lender's agents upc�n l.ender's w�itten demand to the
<br /> tenant; (iv)unless applicablc law provides othcrwise, all Rents co'lecr•d by Lc�der or 1 endcr's agcn[s shall be
<br /> applied first to the costs of taking control of and managing the Propeny and coticcting[1�,. R,nts, im��ding. but
<br /> not limited ta, attocneys' fees, receiver's fees, premiums on recelver's bonds, repair and maintenance costs,
<br /> insuranee premiums, taxes, assessments and other chazges on thc Property, and then to the sums cecured by the
<br /> Security Instrument;(v)Lender,I.ender's agents or any judir,ially appointed receiver shall be liable to accaunt for
<br /> only those Rents actually received; and (vi) Lender shall be entitled to have a receiver appointed to take
<br /> possession of and manAge the Property and collect the Rents and profits derived from thc Property without any
<br /> showing as to the inadequacy of the Property as security.
<br /> If the Rents of the Property are not sufficient to cover the costs of taking control of and managing thc
<br /> Propeny and of collecting the Rents any funds expended by I.ender for such purposes shaU become indebtcdness
<br /> of Bonower to Lender sccured by the Securlty Instrumen[pursuant to Uniform Covenant 7.
<br /> ' Borrower represents and warranis ii,at Sc,���:�2r r�as II02 Cx��:td 3-"-Y rti^r accianment of the Rents and has
<br /> nat and will not perform any act that would prevent L,ender from exercising its rights under this paragraph.
<br /> I.ender, or Lender's agents or a judicially appointed receiver, shall not be required to enter upon, take
<br /> contro) of or maintain the Property before or after giving natice of default co Bonower. However, Lender,or
<br /> L,ender's agents or a judicially appointed receiver, may do so ac any time when a default occurs. Any application
<br /> of Rents shalt not cure or waivc any default or invalidate a��y other right or rcmedy of l,cnder,This usignment of
<br /> Rents of the Property shall terminate when all the sums secured by the Security Instrumeut are paid in full.
<br /> I. CROSS-DEFAULT PROVI3ION. Borrower's default or breach undcr any notc or agrament in which
<br /> Lencier has an incerest shall be a breach under the Security Instrument and Lender may invoke any of th.: remedies
<br /> permittod by the Security Instrument,
<br /> BY SIGNING 9ELOW, Borrower accepts and agrees to the terms and provisions containeA in this 1-4
<br /> Family Rider.
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<br /> (Seal) �"`-"' ` _{Seal)
<br /> NICKYE J K11LIA3 -Horrower NICKIE J K11I+L0 R •Borrowcr
<br /> (Scal) (Seal)
<br /> -Bortower •Borrower
<br /> P�2 0�i Fam 3170 3193
<br /> �-67 19J041.01
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