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<br /> �, u�st,Botrower shall as+ign to Leader all l�of the , <..
<br /> r�' G.ASSIGNMENT OF LEA.SES-UPon Lxndei s re9 U n the assignmenl.ixnder � `_
<br /> =�`� - of t6e Pro P� `� �`���,
<br /> ` ��°�'-'� •=� and all security deposits made in connection with leases P�Y- � ,�'_ . �
<br /> _-- � P►openS' leases and to eaecute new teases.in L.ender's sole '. .Y,-
<br /> -_ �. ;°•. shall have the rigltt to modify.extend or cemanate the existing �,i���t is on 1 �t - "� `°
<br /> s '` � h G.the wonl"Irase"stiall mean"sublease"if the Secun h_ , }"` :_
<br /> � .- - .z.- discretiet�As used in this paragraP �D
<br /> ,` : I.ENDER II�i P'�/SSFSSION. � � �
<br /> a leasehold. OF RECEIVER; , ` .
<br /> ;h��;', . H. ASSIGNII�NT OF REN I'3: APPOII�T�����i the rents aad revenues("��a _
<br /> • f � :�L� '
<br /> or i v�1 < <:. �
<br /> .- :�` ' :• Borrower absolate.ly and unoonditio�Ily assigns an able. Borrawer authorizes ._
<br /> �a`a � -`F the Prope�4y regard�ess of to whom tde Rents of the Property aie PaY �R�to Leades or � '�. -�.
<br /> ` `. �.:' ' u to coltect the Rents.and agrees tbat each[enant of the Prope�Y S�Borrower notice of def�h � � •�;!.�.'� .
<br /> '�:�,� �.,_��, I.ertder�s a8'e� ',.:� , '.° .�
<br /> "' a ,�`t`:�_`;s', lxader's ageats.Hawever.BoYroorer sha0 receive the Rer►ts until(i)Lend�1��w the teaant(s)ttiat the Renis . ,-- �_:.;;.,:r
<br /> - - _ - parsnant tu Pa�agraPb 21 of the Sewrity Tu�uument and(ii)Lender i�as gi _
<br /> � are to be paid to I.ender or Leader s agent.This asstignment of Rents consuuites an absolate auignme�►��not ; , t n,
<br /> ; : � i £�X ::�
<br /> � r >` � an a5s'sgnsaent far additional sewritY only. .��" �� ,�`<f�_
<br /> _ A 'G L �; T �.�; lf I�uder 8ives notice of breach w Borrower:(�)aU Rents recetved by Borrower sfta�l b��enth,(iBo� v4 . ..
<br /> lied to the sums secured bY the Security :
<br /> �3F � ..�..�:��;. as uustee for the benefit of Lender oniy.w be apP that each�ea�t o�the ,,`-t �- :
<br /> _—�_'_`.�_ ,•. ,,'• on Lender's arcitten demat�d to d�e � �
<br /> �.� � '.:. � shall be entitied w rntlect and tece�ve all ofd to L�endc�r�Lnod syag��ents UP ��� . g�:`�
<br />� °' � - property shali pay all Rents dne and unpai �er or Lender's agents�a11 be �"
<br /> �!.:� .. tenan�liv)�nless appl'�cable law provides otherwise.all Rents collected bY the Rents.including.bnt �' `� �.;;;':
<br /> �i ° lied fi�st to the costs of takiu8 oontrol of and mana�g the Property and collecbngr and maintena�toe oosts. 'x�
<br />��::` �'• , � � remiums on receiver s bonds. repa� ;.:�,..
<br />:.�=.;,.r.. - _;. - _ 'S� not l i m i t e d to. a t t one e ys fees. receiver s fees, P Pro e a u d t hen w the sums secured by the r ;�p '_,�.
<br /> : ., es on the P rtY• n�-
<br /> ,,+r insurance premiums.taxcs.asses�ments and other��S ud►ciatlY aQPoiated receiver shail be liable w accouat for �. J � _
<br /> ° tax , "
<br /> �� � -
<br /> �:� ,: •.�,. . �:•f r':���; g�curity Iu�strument:(v)l.ender.l.ender s agents or atry J , -v�:
<br /> �` , ' on{ those Rents actua�lY received• aad (vi) I.ender shall be entitted to have a receiver appoin�out any � '.�3:
<br /> y ' u derived from the PraPenY ..t ,,�h�
<br /> �`r •`�` the Pcoperty and collecc the Rents az�d Profi
<br /> ,� : gossessioa af and manage �, y..� ::
<br />�'�.,'�,�g �_ ' y r '.:. 3S SCC11Tl[}�. �� .. ,.,�,i,.�r..
<br /> ;=Y . - . �� _ showing as to the inadequac�+of the PropertY conuol of and raanaSlnB� .
<br /> '"-`� If the Reats of the PsopereY are not sufficient io cover die casts of saldng ses shall 6eoome indebteMess ::°�'��`._-
<br /> `:.. tunds expended by Lender for such parpo .;: , ``� �:.-
<br /> : prope�ty and of coltecting the R�ts any t w Uniform Cuvenam 7• ''�_
<br /> � f �- � � �, the SecuritY tn�uumert piusuan a--
<br /> � y�, of Barrower to Lender secured bY rior assi t of die Kents and has � � �r,E,,
<br /> �',� .. ��,�. Borrower represents and warrants that Borrower has not executed anY p S�en ,�i •
<br /> , not and wi{I not pecform any acc that would prevent Lender from exercising its rights under this paraStaPh.
<br /> ointed receiver,shail not be c�� �o enter upon.talce �y;`
<br />.�+(��_:• - - Lxnder. or Lendec s agents or a•judiciaUy app ' - •'
<br /> � � control of or maintain the Propesty before or after giving notice of defautt to Borraw+er. H�`�er. ��ef�'.an =�
<br /> � ' .. time when a default uccurs.a►y$PP
<br /> � � � do sa ae any
<br /> Lcw�der's agents or a judicially appointed receiver.may of Lender.7'his assignment of ,'"�� :
<br /> ���'`s'' �" � � of Rents sha11 not c¢re or waive any defauit or in�alidate any other right ar temedy y�d in foll. �,.:•� ..
<br /> s `� the Security instnune�are p ��. ,., ;.,�:-:�
<br /> �`•�' ` , . , •- .;� '`,:�� Renu af the Property shal!terminate when all the sums secured by note or agreement in wlucd
<br /> ,�''�. �� �� �� EFA[1LT PROVISION.Boaower's default or breach under amr .
<br /> . 1.CItp.SS-D invoke any af the cemedies . ":a'
<br /> � ` _ ' L,ender has an inter�st sfial�be a breach under the Securiry Instrumeni and Lender may ,
<br /> � •. . ' permitted by the Security lnstrument. '• a�°
<br /> , . . ees to the terms and pmvisions contained in this 1-4
<br />.�''" ' ' _`• ,� aY SIaMNG BELOW. Borrower accepts and agr
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