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2� 17��724 E. "B�FiR�WER'S RIGHT TD REINSTATE" DELETED. S��ti�n '�9 is d��eted. F. B�RR�VIJER'S D�GUPANCY. Unless Lender and B��rower otherwise agree �n writing, Sect�on � concerning Bo�row��'s occupancy �f the I'raperty is de�eted. �. ASS��NNiE�VT �F LEASES. Upon L�nder's request after defau�t, Bor�ower sha[� assign ta Lender a�� eas�s of the Property and a�l security depasits m�de in connectian with �eases af the Pr�p�rty, Upon the ass�gnment, Ler�der shall ha�e the right to m��ify, �xtend ar terminate the ex�st�ng [eases and ta execut� new leases, in Lender's sale disc�etian. As used in this parag�aph G, the ward "��ase" shall mean "sublease" if th� Security �nstrument is on a I�aseho�d. H. ASSIG�VMENT �F RENTS; APP�iNTN�ENT flF F�E�EIVER; LENDE� �N PDSSESSID�. Bnrrawer abso�utely and unconditionalfy ass�gns and transf�rs tc� Lender al� the rents and re��nues �"Rents"� of the Property, regard�ess of to whom the R�nts of the Praperty are payab�e. Bor-rower author��es Lender o� L�nder's agents tQ cvllect the Rents, and agrees that each tenant af the Prvperty shall pay the Rent� ta L�nder or Lender's agents. Howe�er, B�rrowe� sha�� recei�e the Rents unti�: �i} Lend�r has gi�en Borrawer notice of defau�t pursuant to S�ction �� af th� S�curity Inst�ument, and �ii} Lender has gi�en not�ce to the tenant�s} that the R�nts are t� be paid ta Lend�r or Lend�r`s agent. This �ssigr�ment of Rents canstitutes an absa�ute assignment and nat an assi�nment for additianal security only. lf Lender gi�es not�ce of default ta Borrow�r: �i} a�� Rents recei�ed by Borrower shaif be �eld by Borrovver as truste� for the benefit of Lende� only, ta be applied to the sums secured by the Secur�ty lnstrum�nt; �ii� Lender shall be entitled to col�ect and �ecei�e al� of th� Rent� �f the P�aperty; {iii� Bo��ower agrees that each tenant of the Prop�rty sha�� pay all Rents due and unpaid fio Lender �r Ler�der's agents upan Lender'S writt�� demand to the tenant; ��} un�ess applicab�e law p�o�ides otherwise, ali Rents collected by Lender or Lender's ag�nts shal� be app�ied �irst ta tne costs af talcing c�ntral of and managing th� Prop�rty a�d cQ��ecting the Rents, including, but not limited t�, attorney`s fees, �e�ei�er's f�es, premiums on r�cei�er's bands, repair and maintenance costs, �nsurance premiums, taxes, assessments and other cha�ges an the Pr�pe�ty, and then to th� sums secured by the Secu�ity �r�strument; ��} Lender, Lender's agents or any judicia�ly app��nted recei�er shalC be ��able ta aecount for an�y those Rents actual�y recei��d; and ��3 Lender sha�! be entit�ed ta ha�e a �eeei�er appointed ta take possess�an �f and manage the Property and callect the F�ents a�d �rofits deri�ed f��m the P��perty without any showing as tv the ir�adequacy of the Property as s�curity, lf th� R�r�ts of the Property are not suff�cient ta ca�e� the Gosts vf taking control of and managing the Prop�rty and of callecting the Rents any funds expended by Lende� for such purposes sha�� became inde�t�dness of Barrawer ta Lender secured �y the Secu�ity [nstrument pursuant to Sectian 9. Borrower represents and warrants that Bvr�awer has nvt executed any prior as�ignment of the Rents and has nflt performed, and will nvt perfarm, any act that wvuld p�e�ent Lender from exercising its rights under this paragraph. Lender, �r Lender's agents or a �udiciafly appainted recei�er, shall n�t be requir�d to �nter upan, take cantrol of or maintain the Prvperty befvre o� after gi�in� nvtice of default tn Barr�wer. �owe�er, Lender, ar Lend�r's agents or a judicially appointed recei��r, may d� so at any time when a defau�t occurs. Any app�icativn af Rents shall not cure ar wa��e any defau�t or �n�alidate any ather right �r remedy of Lender. This assignment of Rents �f the Prvperty sha�� terminat� when al� the sums secured by the Security �nstrument ar� pa�d �n full. �. CRflSS-DEFAULT PRUVISI[]N. Borrower's default or breaGh under any nvte or agreement �n which Lender has an interest sha�� b� a br�ach under the Security Instrument and Lender may �n�oke any af the �emed�es permitted by the Security [nstrument. NIULTISTATE 7� 4 FANiILY RiDER - Fannie MaelFreddie Mac UN�F�]RM I�VSTRlJtI1�ENT VMP�-57R 40$� �} Pag� � af � �nit�a� ,• � Farm 3"17� �jQ� �