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��14��7 .�� E. "B�RR�WER'S Fi1GHT T[3 REIN�TATE'= �ELETED. Secti�n �9 is de��ted. F. B�RRt]WER'S DCCUPANCY. Un[ess �ender and Borrvwer otherwise agree �n writing, Section 6 conce�n�ng Borrower's occ�pancy flf the Praperty is del�ted. G, ASS�GN�ENT C)F LEASES. Up�rt Lend�r's request after defau�t, Sv��awe� sha�1 assign to L�nd�� a�[ leases af the Prop�rty and al� s�cur�ty deposits made �n connect�on with �eases af th� P�operty. Upvn the ass�gnment, Lender sha�� ha�e th� right to m�dify, �xtend or terminate th� existing �eases and to execute new �eases, in Lender's s�le discretion. As used in th�s paragraph C, the wo�d "lease" shall mean "sublease" if t�e Security lnstrument is on a leaseh�ld. H. ASS�GNMENT DF RENTS; APPa�NTN'1ENT �F RE��V�R; LE�VDER IN PC]SSESSIC]N. B��wer absv�ute�y and uncanditianal�y assigns and transfe�s to L�nd�r a�l the rents and re��nues 4"Rents"y of the Prape�ty, regard�ess of t� wh�m the Rents of the Property are payab�e, Borrower authori2es Lender or L�nder's agents to c��lect the Rents, and agreeS that each t�nant of the �r�p�rty sha�� pay the �ents tv Lender vr Lender's ag�nts. Flowe��r, Bor�ower shal[ recei�e the Rents unt��: 4i} Lender has gi�en B�rrawer not�ce �f defau�t pursuant to Sect�on 22 �f the Security lnstrument, and �i�� L�nder has gi��n natice to the t�nant�s} that the Rents are to be paid to Lender or Lend�r's ag�nt. Th�s assignment af Rents c�nstitutes an absa[ute ass�gnment and nvt an assignment fa� additional security only. If Lender g��es nvtice of default to Bv��ow�r: �ij all Rents rec�i�ed by Borrawer sha�l be held by Borrower as trustee for th� benefit �f Lender on�y, t� b� app��ed to the sums secured by the Security Instrurr�ent; 4ii} Lender shall be entit��d tv c��ct and recei�e all of the Rents af the Prope�ty; tiii� Bvrrower ag�ees that each t�nant flf the Property shall �ay all Rents due and unpaid tv Lender or Lender's agents upon Lender's written demand to the tenant; {iu} unless app[icab�e law pra�ides �therwis�, alt Rents collect�d by Lender or Lender's agents shall be applied first to the casts of taking control of and managing the Property and coll�cting the Rents, �nc�uding, but not limit�d to, attorn�y's fees, recei�er's fee�, p�em�ums an r�cei�er's bonds, repa�r and maintenance costs, insurance premiums, tax�s, assessments and other charges on the Property, an�i the� to the sums secured by the ��curity �nstrument; 4�� ender, Lender's agents or any judi�ially appainted rec�i�er sha�l �e liahle to accflunt f�r only those F�ents actua��y recei�ed; and ��i} Lender shal� be entit�ed to ha�e a r�cei��r appo�nted to take passession of and manage the Praperty and co��ect th� R�nts and profits deri�ed from the Pro�erty w�thaut any showing as to the �nadequacy ❑f the P�operty as secur�ty. �f the Rents af th� Property are not sufficient ta co�er the �asts vf taking control of and �anaging the Property and af ca�fecting the R�nts any funds ex��nded by Lender far su�h purpas�s sha�� became inde�atedness vf Borr�wer tv Lender secured by the �ecurity �nst�ument pursuant t� S�ct�on 9. B�rrower r�pr�s�nts and warrants that Borrower has not executed any pr�or assignmer�t �f ths R�nts and has n�t perf�rmed, and will not �erfo�m, any act that wvu�d pre�ent Lender fram ex��ising its rights under this paragraph. L�nd�r, �r Lender's ag�nts vr a �udicia��y appointed rece��er, shall not be requ��ed ta �nter � up�n, take contral �f or mainta�n the Prvpe�ty before ar after g��ng natice of default t� Bvrrawer. Hows�e�, Lende�, ar Lender's agents or a judi��a[[y appointed rece��er, may dv sv at any time when a default accurs, Any app�icat��n of Rents sna[� not cu�e or vvai�� any default or in�alidat� any other ri�ht or rem�dy of Lender, This assignment af Rents flf the Prap�rty sha�� t�rminate when al[ the sum� secured by the Security Inst�ument are paid in full. I, CRDSS-DEFAULT PR[]V�SIt]N. Bvr�ower's d�fault or breach under any note or agreement in wh�ch Lender has an interest shall be a breach under th� Security lnstrument and Lender may �n�oke any ❑f the r�med�es permitt�d by the Security Instrument. , MULT�STATE �- 4 �A��LY RIDE� � Fannie N�a�lFreddie Mac U�ViFC]RM �NSTRUNIENT VMP�-57R �C�S��} Page 2 af 3 1 nitia�s Farm 3�7� 71q� �.� .