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2� 1 ��7��2 <br /> LDAN#:'I fi�3EM'I 59498 <br /> E. "B[3RR�W�R'S RI�H�'TC� R���iSTATE" DELETEa. Secti�n �� is del�ted. <br /> F. B�RRQ1111EFi'���CUPANCY.L1n1esS L�nd��an�B�r��wer otherwise agree <br /> in writing, �e�tivn � canc�rn�ng Barrower's �ccupancy af the Praperty is defeted. <br /> G. ASSI�NMENT[]F LEASI�S. lJpon L�nd�r's r��uest after default, Bvrrflwer <br /> s�a�l assign to Lende�ail �ease� �f th� Praperty an� a�l security dep���ts m�de in <br /> cartn��t��n vui�h f�ases �f the Prtiperty. U�an the assignment, L�nde� �hafi ha�e <br /> the r�ght t� modify, extend or t�rminat� �he e�i�t�n� �ea�es and ta ��ecut� new <br /> leases, in Lender's sole d�scretivn.As used �r� this par��raph �, the word "f�as�„ <br /> �hall rnean "suble�s�" if the Secur�ty Instrumen� i� Qn a leas�hflld. <br /> H. ASSI�NII�fENT �JF R�NTS; ►4RPQ![VTM�NT CaF F�E�EII�ER; LENDE#� IIV <br /> P�S�ESS�CaN. Bnrr�w�r abs�lute�}r and un��nditivnal�y a�signs and transfers to <br /> Len��r��1 the r�n���n� reWer�ues 4"Rer�t�"}of th� Pr�per��, r��ardless vf�a whom <br /> �h� Rents of tl�e F'rop�rfy ar� paya�le. Bvrr�vu�r �uthori�es Len�i+er or Lender's <br /> ag+�nts�� cvlle�t th� R�nts, and agre��that each tenant af�he Pr+�perty�hall pa� <br /> the Ren�s�a Lend�r or Lende�'s ag�n��. How�v�r,B��rawer shafl rec�i��the��nts <br /> until (i} L�nd�r has�iven Barrow�r n�ti�� of def�ul�pursuant tQ Sec�ian 22 vf the <br /> S�curity�nstrument and �ii} L�nder ha�giv�n r�a#ic�t��he ten�nt�s}�h�t the Rents <br /> are to be �a�d to �.�nd�r �r �end�r's a�ent. Th�s assign��nt of Rer�ts consfiitut�� <br /> an abs�lut� ��s�gnm�nt and n�� an ass��nmen�for addi�i�nal securi�y an�y. <br /> lf Lend�r gives natice❑f d�fault#o�orr�w�r: (i}all Ren�� r�ceiWed by Barraw�r <br /> shall�e h�id by Borravir��as�r�ustee far th�b�nef�t of L�nder only,to be a�plied t� <br /> tl��sums secur�d by th� S��uri�y�nstrum�nt; �i�} L�n�er shali b�entitl�d�v coll�ct <br /> and re�e�v�all ��the R�nt���the Pro��rty; ��ii} Bo�rvw�r ag ree�that each tenant <br /> �f�he P�operty sh�il pay a�� F��ents due and unpaid to I�en��r Qr Lender's a�ents <br /> u�on L�nder's wr�tt�n demand #o the tenant; ��v� unle�s �pplica��e law �rovides <br /> ��h�rw�se,all F��nt��a�le�ted by L�nd�r�r Ler�der'�a�en#s shall fae�ppiied f�r�t t� <br /> t�e co�ts of t�king control a�and managin�th� Pr�p�rty and callecting the R�nts, <br /> includ�ng,but na��imi��d to,attorn�y's fe��,r��eiUer's fees,prerr�iums on recei��r's <br /> bands, re�air and maintenanc� co�ts, �n�urance pr�m�ums, �axe�, a�se��ment� <br /> an� �ther charges an �h� Pr�perty, an� then ta the sum� �ecur�d by�h� SeGurity <br /> �ns�rurnen�; �v} Lender, L.ender's a�g�nts vr any�udicially a�apaint�� recei��r sha�l <br /> be �iable #o accQunt for an�y �hos� ��nts actual��r rece�v�d; an� �vi} Lender shafl <br /> b� er�tit{�d t� ha�e a ��cei��r app4in��d tQ take pQ�s��sion �f an� manage the <br /> F'rvper�y an� co����t the Rent� and profi�s d�r�v�d f�om th� Pro��rty withaut any <br /> sh�wi n� as #Q the i n a�d�q uacy of t�� ��oper�y as securit�. <br /> !f th�Rents of the Prvp�rty�r�r��t�uffi�i�nt t�cover#he cast�vf tak�ng c�ntr�a <br /> of �nd mana�ing �h� Pra���ty �n� af col�ecting th� �ents any funds �xp�nded <br /> by L�nder for such �urpa�es sha�� b��o�ne inde�t�dn�ss of �����awer to Lender <br /> s�cured by the 5ecurity Instrur�ent pursuar�t�a �ecti�n �. <br /> Barrower repres�nts and vu�rrants �hat Barrow�r has not ��ecuted any p�iar� <br /> assi�nmen�af#he Rent�an� has no�p�rforrr��d, and will �ot�erform, any act that <br /> waul� prev�nt Lend�r fr�rr� ��c�rcisir�g it� �i�hts under this par�graph. <br /> Len�er, or �ender's ��er�ts c�r a jud���ally �pp�inted receiver, sh�li n�t b� <br /> r�quired��ent�r upan,t�k���r��ro�Qfi or mairtta�n th�Pro��rty�efar�ar a��r gi�ring <br /> n�tic� of defaul�t� �ar�ow�r. �ow�ve�, Lender, o�-L�nder's ���nts �r �jud i�ially <br /> �ppoint�d r�c�iv�r, may do so �t any�irr�e wh�n a�efault�ccurs.Any a�pli�ation <br /> �f R�nts sha�! not�ure ar�va���any de�'�ult�r��►��ii�a#�any���er right�r r�rn�dy <br /> af Lender. This assignrn�:nt af R�n�s of�he F�r���r�y shall terrn�nate when a�l the <br /> sum� secur�d �y the S�curity ln�tru�en�a�� paid in full. <br /> �. �R�3S5-DEFA�J�.T PR�VIS�C]N.�ivrrawer'�de�ault�r brea�h und�r any nat� <br /> or a�reem�nt in whi�h Lender has an inter�st sh��! b�a�re�ch ��der the 5�curity <br /> �r�strument and Lender may in�ok� an�r o�th� r�m�edies p�rmi#ted by the Se�uri�� <br /> Instrum�nt. � � � <br /> Initialr: � ��- <br /> MULT�STATE�-4 FAlUItLY RIC]�R—Far���e I�Iae1Fr��l�i�e Nlar�UMi�L3RM IN�TRUMENT Form 31�D 11a1 <br /> EIEie Mae,lne. Page�o�3 F317'�RDIJ �3�� <br /> ����o��u�c�s� <br /> 1�I1 11201 6 9 2:�6 PM P5T <br />