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<br /> �. t h G.ASSIGNMENT OF I.EASFeS.UPan l�der'8 r�.Boimwer s6a11 asgign w leader ali teases af the ` Y �' �j,�
<br /> "' c`:, r"': property aad all sectuity►deposits made in co�ecttan with teas�of the Propeny Upoa tbe assignment. 1.eader � _�...��:°�
<br /> ° ,.,�;�_ •-.'� � �w ,eatc�od or terminace the existin8leases and ta eaecute ncw leases.in Lender's sote ���:,' : ;~
<br /> < �. r sLall have �igh m�Y - ,.
<br /> �igh ••stibteaSe"if the Seauity Ius��is on
<br /> " • .,,•'=.� disscetioa.As used in�his patagi'aph C*.the word"lease"st�all mean ' �'s
<br /> t .,` , a te�asehold. ��.�.p��p• LEI�tDEI� IN POSSESSLON. ¢ ` - x
<br /> H. AS�GPiN�T OF R�S ��T OB IarA.a'�+�+.►Y r `-
<br /> �;..ry�'�".' a u d u a a s f e t s w L E a d e r ari the�ents and:evenues C`Rents.•)of x
<br /> .�..�-�^ }r Boaower a b�lu t e ly a n d u n o o a d i t i o n a ll y a s s i g p s � te. Borroatr suthori�es Lendet or `,, .`: '-} .
<br /> =� `� - ` the p�y � of to �rhom the R�S of�e Pmp�Y P�Y� -. ,-t
<br /> - �f`�' • that eash teaaat of the p m pertY s�11 PaY the R�ts to Lxnder er ��; :<�`':�„
<br /> < f-:.���• � � �"�<< �r�8 ageata to collea the R�ts.and a� _ " .,-..x-;���
<br /> -i,��;- ``=`'`- L�der• agenis.However,Sorrower s 6 a ll receive du Reuts�mm7(7 I�da�as giv�Barrower uotiee of dofaWt -:` -t-..�-v-
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<br /> �:� `. `"`�` p�st�t w patagrapL 21 of th�5��aad Cv)���P�'en nodee to the t�nt(s)�at tbe Reats i t� ;:
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<br /> of Reats oonstia�tes an absoInte assi�and not , S
<br /> � -`��. are to be paid to Lender or lrender's agent.T6is assigttmeat , t y �
<br /> � ., . an assignm�i for addtdunal s�Y�Y• 4
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<br /> .:� If l�nder gtv�a natice of breacii w Boimwer_(i)aU Reats teceiv�by Bo�mcver shall be hetd by Bor�ower F z � ::
<br /> � as truscee for the 6wefit of Le�cder on1Y.w be applied to the sums s�aued bY the Sec�iry lasuameat:(n)l�d� s ,,-:
<br /> _ �:'r�.t�_ shati be eatitied to ooU�t and reeeive all of the Renss of the Propeity:Cu►)����that eac�t�ane of the ,;..' ; '°� --�;_
<br /> - � ,. ��Y�PaY all Rents dne and tmpaid w I�ader or L�euder's agems upoa Leader's weiatea demand to the �
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<br /> -- --`':`-'�'. teaaat:(iv)uatcss apPltcaBle law pmvtdes othecar�se.ait Rcnts colletted bY Leader°=Leudcr's ageats shall be _ "�„^:"�
<br /> , ' appl�ed fi�st w ihe aosts of mlciag c�oau+ol of aad managtnS the Pc'°P�Y�collertiag the Re�tts,inctadmg.bae
<br /> _ .,. oa +o � � �
<br /> �_ � `" - aat limited w. atta�neys' f�s. ���s fees premfi�ms on mceitie�er's bandg. r�a� 00 �
<br /> - ; .�, - - '. �¢�,a�s and other d�azges on the Pt+uperiY•mid tl�a w tbe sums secure�d bY tbe ;;,�,
<br />- f':�`r �ty iaaaumem:(v)l�ada.lx�d��s��or anY�udiciallY appOmted receiver sball be l�abte ou aocaunt for '--.'��.;��_
<br /> .� . lxnd mud to take
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<br /> onty those Reats aetuallY reodved; and (v�7 1�nder shall be earitted m have a receiver appo �: -
<br /> 4 fi�.,� -'t FpS,CS810II Of 2uA�gC[�C�P�Y 8IId COl1CCt 1hC RCatS 8Ld pIOF1L4 dE[�ved fI01�t�C P[OPC[�Y Wit�1��J/ ' ��T
<br /> • ��tt: showing as to tIIe imdeiluas."1 of the FcopestY es s�n�Y• � ,�- y'
<br /> If the Reats of the Pmp�ty ase nat saKictem w cover the costs of takfing cronaal of aad managing the ' ��_F",,.'�;;,.
<br /> • �;f �' sball beoome indebtedness • � �:�',�'��'"�
<br /> � pdypecty and of coltoaing the Rents aaY faa�s�xA����er for sasn patposes ` : �:
<br /> -�_. . ' 4 ?''--�' of Bomnwes w Ireader s�63►the Sean�ity I�om�P�to Uaifa:m Cova�aat 7. � 4 ;
<br /> -. ..� � Barmwer represeats and aratrama t h a c B a a owea b a s n o t�a a 3►P n o r a�i 8�o f t h e I�►is�16as M1:...,'=f .
<br /> • '�':;.' not aad will a�t perforta a�l act t6at woutd pteveat Leuder ftom eaetcising its dghts aader t�P��Pb' ' �.� �,.t:--
<br /> to etmer upon. take �.•_-
<br /> • . lxnder. or I.�a4er's agents or a jadiciailY aPPo�d��• sbaU nat be�aizod . __
<br /> . .,� comrol of or maimaia the ProPertl►before or after giving nodoe of defantt w Banower.However.Leuder.or ; � �,_m
<br /> ,: : _�� do so at t�me wDea a defantt oceuts.lU►Y aPF�� '��� :-:_-_
<br /> � .- ��•8 a�n�or a�udieiall}r appariasert ieceivet,maY �� � of Lender.'f6is assig�nent of � - - �.. f '`� �
<br /> defantt os�nvalidate anY Sht �Y si
<br /> f - c � = of Reats st�aU aot are or aai�►e anY ,,��:
<br /> s ��!-:�.� the Iusuame�t are paid in fali. 'f� y< ,�„
<br /> . . �'-.. ,:. Rents of the Prope�ty sAail te�miaate when aU the sums s��Y �tY . �
<br /> et
<br /> �� .: I.CR O S SDEBAULT PROdISION.Borrawsr's defaWt or breaeh ander as►Y aote or�in ahich '_'�:.,,--
<br /> �'+` I a s u u m e nt and Leader may iavoke any of the re�es "� ''�^',�
<br /> ', �,: I,eader Bas an iaterest shaU be a b�act►nnder t he S�u t I i y • ,.�;__ --
<br /> L - permitied by the Seauity Iastromeat� oa4 contained in this 1� �`,�
<br /> +. . . - ..�:':: BY( SIGNII�TG BELON. Bormwer aecePts aud agrees to the tenas aad provisi '
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