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<br /> -� <<'�-;: • G.ASSI6NMEDP�OF Y.EASES.Upoa I,ender's request,Boirower shaU assign to Leader all leases of the ,`�;� °; ',
<br /> �n e
<br /> ' � , .�� "'_ pmPeKY and atl seairitY dePosits made in connecrioa with leases of the Property. Upon the assignment,Lender ,� ���
<br /> -+-.• .:.. •.�c4� i.:t �..�-:e-
<br /> -� _ shall have the right to modln►.eatead or terminate the eais�tiag 1�aad to execwte new 1�.in Lender's sole � t.� Y r_ '�`=
<br /> .� aragrapb G.the word"tease"shall me�an"sublease"if the Sean'ity Instrument is on � :.
<br /> � discietion.As used in t6is p '�r=
<br /> d _ < a leasehold. S .y ,'�
<br /> �� . `..;-�.� • H. ASSIG1�iMENT OF REPi'I'3: APPOINTMENr OF RE�ENER; 1.EATDElt IN POSSTSSION. � : ` Jr �;, ',
<br /> MEN
<br /> — - -,��<"°�� Boirower absolutely and umoonditianally a�s3gas aad c�asfers to Leader all the renu and revemies("Renu�`)of y .:� ., .
<br /> �
<br /> � the p�,openy� regardle�s of to whom the Rents of the Rvperty aze payabie. Borrawer authorizes Leadec or ..�' a � ,:
<br /> i r: � -. ` •.. �,endpr's a�ents w co11�t the Re�us,and agcees tt�at each teaant of the Piroperty simil pay the Re�s to l�der or ��,: � i -
<br /> �t ti.•��.�,.' , .
<br /> .,,:.t.:•; �=. .
<br /> � - —= Lender s agents.Hoaever,Boaower shaU�eive the Renta�ma1(�L�der 1�as S►ve°B°m°wer notice af defaWt r'� * : �=-
<br /> , . j pu�ra�to paragr�ph 21 uf the SeQUicy�and tu'�i�ender�as giv��iae co[he ceaanus)[Lat the Reaa s ? , -
<br /> � of Reats ooauitates �lute assi and not '��.�
<br /> =4'. - aze w be pai d w Leader or Ixader•s agenc. assignment an ab S�t •t
<br /> -�¢ � . ' �: `• an assigna�ent for a d d itio n a l secu�I ty a n 1 Y• received by Borrower s6a11 be held by Borrower _`' ,.;'i`u
<br /> '� � + i �.�� If l�ender g�trea notice of b�ta Barrower:(i)all Rents �i,����� `. ��'" rs;` .
<br /> - _--°��:; as��r LT�.P.bmeftt�f Lender�+nty.w be a�splied w the sums secured bY the Seauity • "+�:. . .
<br /> = me
<br /> ' �� { �— sLall be eauifled to collect aad receive aU of the Itents of tbe Property;Cw�Bflrrower ag�ees mac e�cb c�a�o;C� ;:7 ^ t
<br />— ! '` �` `�,� p�+u p e rt y sbaD pay all Rents due�d uaPaid w Ixnder ar Lender's agents upon I.eader's wtitten demand to the , ,
<br /> � , ,. -�`
<br /> r„ • �, ` �� t�ant;Czv)antes�applicable law provides otherwjse. a11 Reats colleaed Dy I.eader or t.�'s ageNS shall be ,¢' +� u,
<br /> , �.�' the Reats,including,but �_ � �"�.°
<br /> , -. .;T,:. appiied fi�st to the casts of tataag cantml of and maaaging the Pr+oparty aud collecxin8 ' �
<br />„,, ` oa receiver's bonds, reP _;_ :�-�.-
<br /> t' ,+ r. to, auom s' fees, ieceiver's fces, Premiums air and m�ntenaaoe a►�+ >.,�, < «;�
<br /> not limited eY and�hen to the snm5 sec�ued bY . . _
<br /> �,a�e p�emiums�taxes,ass�ts and other charges on the ProFeny hen
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<br /> SeauitY Inswmeut;(v)I.ender.l.ender�s aSems or aay jud�ciaUY aPPointed receiver shail be liabte to account far f• � ` `� �
<br /> —' � �� �erxi�ed, aud (vi7 Leader shall be eadtted to have a receiver appoimed to take � '"
<br />�`
<br /> only tdose Rents acwallY Y �.r
<br /> ' � - -•- " possession of and manage the Pr�P�Y aad ooltect the Reats and profua derived from the Frnperty without an _•,•',�' � 'k-
<br /> $''� .' . .. �r , showing as w the inade�rya�Y of the Fmperty as secaritY• �� -
<br /> are nnt sufhci�t to cover the costs of taldng caauol of and mana�ng the • �,`'.
<br /> i .'�Y "
<br />��.= - �.,. If the Reius of the PmPenY fnads tiY for suc� st�all become indeDiedness �� `�- �.
<br />�: . property and of coltecdmg the Rems anY expeaded L�� P�� i �.�- %
<br /> . rr,:. of Bosrower to I.ender secared bJ+the Searciry lnsuume°t Purauant w Unifosm Caveaanc 7. r�'
<br /> T ��' Bo�mnwer r�reseats and wairaats Rhat Bosower has aot execated a�+prlor assignment of the Rents and has
<br /> b. �eiu
<br /> ;�: . .• ,
<br /> . ` not and v+n'll not perform any act that would prevent I.ender from e�cercising its rights�mder this Paragrap ,...,..'=.
<br />-�:"�;�;� •:. �,r. Leader. or Leuder's ageats or a jadiciallY aPP to enter oa, take •�,.:
<br /> oiuted receiver, shall not be reqaired uP �.•}E.
<br /> .�.'`�•-:�.,.. . . �eontrol of or maintain the PropertY befose or afrec giviaS nodce of defautt w Bornswer. Hoaever,Leader. or ��� _t•;5*:.:-<r:'
<br /> �`' : ° aiated receiver,may do so at auy time when a defantt occnrs.A�+app' ,.�;.
<br /> • . '��.° Lender's ageats or a judiciaUy app �� _ -
<br /> .. � . .. of Rea�ts shall not aae or waive any default or invalidate any ather dght or remedq of Lender.'fbis assigameut of ��?.,�_
<br /> �. . . .. ..'` � Rents of the ProPertY shall�when all the sams sea�red by the Se�utity Insuauuut arc paid in full. _ ;.���
<br /> 1;. _. .
<br /> • - I.Cgbgg.DEFAiILT FROVISION.Bormwer's defavlt or br+�ach undec aaY��or agroea�ent ia wlrich _, `.;
<br /> s��'�`' , . ,,r�,, Lender ha9 an interest shaU�e a bieach under the Seciuiry Instmment and Lender may imroke auy of!he remedies •.. :
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<br /> � .; . . '; permttted by the 5ecuriry lnsmttaent- ° ', .:.
<br /> - . ,...t:� BY SIGNING BELAVN. Boraower accepts aud agree.v to the tem�s and provisions contaiaed in t61s 1� � • : _
<br /> ���•: - yRider. ,� t_���.,
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<br /> ,r, . `u�.,,,�� ,�_ ��.L (Seal)
<br /> '� � . . � HAROLD.J LE882G -Bormwer -Bortowu , .. .
<br /> �:,_ ,''' : �. ` _ . (Seal) -BotrSower - . .
<br /> _:.:,�'.;. .. .Botmwer '. '"
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