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200100693
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200100693
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Last modified
10/13/2011 11:48:25 PM
Creation date
10/20/2005 7:51:49 PM
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DEEDS
Inst Number
200100693
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200100693 <br />If the Rents of the Property are not sufficient to cover the costs of taking control of and managing the <br />Property and of collecting the Rents any funds expended by Lender for such purposes shall become <br />indebtedness of Borrower to Lender secured b the Security Instrument pursuant to Uiliform Covenant 7. <br />Borrower represents and warrants that Byorrower has not executed any prior assignment of the Rents <br />and has not and will not perform any act that would prevent Lender from exercising its rights under this <br />paragraph. <br />Lender, or Lender's agents or a judicially appointed receiver, shall not be required to enter upon, <br />take control of or maintain the Property before or after giving notice of default to Borrower. However, <br />Lender, or Lender's agents or a judicially appointed receiver, may do so at any time when a default occurs. <br />Any application of Rents shall not cure or waive any default or invalidate any other right or remedy of <br />Lender. This assignment of Rents of the Property shall terminate when all the sums secured by the Security <br />Instrument are paid in full. <br />I. CROSS - DEFAULT PROVISION. Borrower's default or breach under any note or agreement in <br />which Lender has an interest shall be a breach under the Security Instrument and Lender may invoke any of <br />the remedies permitted by the Security Instrument. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions contained in this <br />1 -4 Family Rider. <br />Y �1. <br />(Seal) <br />BRADLEY D PETERS - Borrower <br />A rA 0 Moo 0 <br />(Seal) <br />AKA K IS R PETERSEN - Borrower <br />(Seal) <br />- Borrower <br />_ (Seal) <br />- Borrower <br />KRI IN R PETERSEN - Borrower <br />(Seal) <br />- Borrower <br />(Seal) <br />- Borrower <br />(Seal) <br />- Borrower <br />dM®57U (9801) Page 3 of 3 Form 3170 9/90 <br />
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