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SUBORDINATE LIENS. Except as permitted by federal law, orrower Borrower shall not all any lien inferior to the Security Instrument to be perfected against the Property without Lender's prior written permission. D. RENT LOSS INSURANCE. Borrower shall maintain insurance against rent loss in addition to the other hazards for which insurance is required by Section 5. E. "BORROWER'S RIGHT TO REINSTATE" DELETED. Section 19 is . deleted. F. BORROWER'S OCCUPANCY. Unless Lender and Borrower otherwise agree in writing, in Section 6 concerning Borrower's occupancy of the Property is deleted. G. ASSIGNMENT OF LEASES. Upon Lender's request, after default, Borrower shall assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment,. Lender shall have the right to modify, extend or terminate the existing leases and to execute new leases, in Lender's sole discretion. As used in this paragraph G, the word "lease" shall mean "sublease" if the Security Instrument is on a leasehold. H. ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; L EER IN POSSESSION. Borrower absol and unconditionally assigns and transfers to Lender all rents and revenues ( "Rents ") of the Proper, regardless of to whom the Rents of the Pro are payable. Borrower authorizes Lender or Lender's agents to collect the Rents, and agrees that each tenant of the Property shall pay the Rents Lender or Lender's agents, However, Borrower shall receive the Rents until 0). Lender has given aerrower " notice of default pursuant to Section 22 of the Security trument and (ii) Lender has given notice. to the tenant(s) that the Rents are to be paid der or Lender's agent. This assignment of Rents constitutes an absolute nd not an assignment for additional security only. gives notice of default to Borrower: (i) all Rents received by Borrower shall be held by Borrower as trustee for the benefit of Lender only, to be applied to urns secured by the Security, Instrument; (ii) Lender shall be entitled to collect and receive all of the Rents of the Property; (iii) Borrower agrees that each tenant of the Property shall pay all Rents due and unpaid to Lender or Lender's agents upon Lender's written demand to the tenant; (iv) unless applicable law provides otherwise, all Rents collected by Lender or Lender's agents shall be applied first to the costs of taping control of and managing the Property and collecting the Rents, including, but not limited to, attorney's fees, receiver's fees, premiums on receiver's bonds, repair and maintenance costs, insurance premiums, taxes, assessments and other charges on the Property, and then to the sums secured by the Security Instrument; (v) Lender, Lender's agents or any judicially, appointed receiver shall be liable to account for only those Rents actually received; and (vi) Lender shall be, entitled to have a receiver, appointed to take possession . of and manage the Property and collect the Rents and profits derived from the Property without any showing as to the inadequacy of the Property as security. t TI STATE 1-4 FAMILY Ernest. -au& Foolly • Paste Msetikeddle Arc UNIFORM I FR T G31/0-02 goo ` Mfg 2 3) 201503583