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<br /> � 99_ �o�.o��
<br /> ` � G.PeSSdGIlBVYENB OF LEASES.Upan LeadeY's reques�Bonower sfvall assign to Lender aA leases of the
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<br /> • �, q, •, � Property and all securiry deposics ma�e in connECtion vrith leases of the ProgQrty. Upan the assignmeac. Lender
<br /> :� shall have the right to modify,eactead or terminate the existing leases and to execute aew leases.in Lender's sole
<br /> • ' , discretion.As used in tlus paragrapin G,the vsord"lease"shall acean"subleass"if the Serurity Iastcument is on
<br /> ' ' a leasehold.
<br /> �� , �. ASS�GNlV9�!°iT OF 1[tFNTS: APPOIN'E'M�EI�lT OF It�CEIVEYP: d.EN,9ER IPI PO�S�5SIO�i.
<br /> -'-�:,,�;;Y� Boso��ez absolutelg and unoonditionally assigns and transfe�s to Lender all the rznts and revem�s("Reflts")of �
<br /> --...�.� -Ai��� the PropenY. regardless of to whom the Rents of the Pmp:rty are payabte. Bmro�vec aut�orizes Lender or "
<br /> -- - - -_ - Leader's agents to collect the Rencs, acd agcees chat easA teaant of the Progeaty s�all pay chp Rents to Leniiet or �.;�
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<br /> �.. , Lender's agenu.Eiowever,Borrower shall receive the Reats unt�(i)Lender ttas given Borrower notice of default �,_:;:
<br /> � pursuant to paragraph 21 of the Securiry tne►*+,m�t and(ii)l,ender has given notice to the teaant(s)that the Rentc �
<br /> c: aze to�a pafd to Lender or Lendez's agent.This assignment of Rents cansritutes an absnlute assignment aasi aot �-�
<br /> an assignm�nt for additional secutity only. �``�
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<br /> �. �; . If Lender gives notice of breach to Borrou�er.ti)all Rents received by Bflrrower sh��ell�Cn�Lender �
<br /> • ;;. as nvstee for the heuefit of Leader onty,w he appHefl to the sums secured by the SecuritY f;�
<br /> . � shaU be¢usifled to cvllect and receive all of the Rents of the P�operty;C�)�fl�wer agrees tTnat each teaant of the
<br /> __�_ ;�,°� ptoperty shall pay all Rents due and uapaid to Lender or l.eader's agents ugon Lender's wriaen demand to the _
<br /> --.--�e tenant; CY)unless aPPticabte lxw piovid�zs other�riss. all Renrs collected by i.encler oe I.e;�der's ag.,nu�h:11 he
<br />- • � aPPlied first w tts r.osts of taking conual of and managinS the Property and collecang the Rents,iaclurling,but
<br /> ` °� uot limited w, �:n�..°ys' fees, receiver's f�s, premiwns on receiver's bnds, rePair and m�*_e;.^ce casts,
<br /> • in.�J:se pm^-�'-;��. :�ces,assessmsnts aad���.�.�r char&es on t�e Fro�*:r,�d then to the sums s�s�xd by the
<br /> :.. ._' �Sa�i1;:Instr-�s'�; to)�er,Leader's��:s ar any judici2:IY$PP���=i receiver shall be lia�;:��axaunt for
<br /> Qr1g> ��,ve Rents actually reseived; and (vs� Lender e�t, '�e entitled to have a r�°reiver aggc�ted to take
<br /> . `� gsos�as�,�a af a�manage the Praperiy and collecs the R�.and grofits derived frce i`� Property�rithout any
<br /> , show�.Lg as to•�:;�adequacy of the Progerty as security.
<br />--- - - .�.._..:i: If the �i�:s af the Propexty are aot sufficlent w cover the ws�of taking control of a=�r�aging the
<br /> ' , ' ' Il�perty aad of.:.�3�g the Rents auy funds expeaded by i.ender for such p�uposes shall beca�•�3ebtedaess
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<br /> - ...,A,{ Qf G'�,"ower to Lender secured by the Security Insm�aent I='�uaat to llmform Covenant 7.
<br /> � ,,. 8oaower represenu and wacrai►u that Borrower has rat eaceauted aay prior assi�.:.ant of the Rents and ha:�
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<br /> - • not aad will not perform any act that aould prevent L.ender from execeising its rights��:�r thia paragraph.
<br /> '-a•.:. : -'��'•. Lender, or Lender's agents or a juy.:�iY aPFoin�d re�eiver, shall not be required ta e�"r upon, take .
<br /> `-�-'�'::g°.;.r�:;; �;..;-al of or maiatain the Property before or.z`,zr �=��notice of default to Bonower. Howci-�.Lender,or
<br /> ' :�. . ,,..;:;,� i�f�'s agents or a judicially�?ointed rereiver,�.y aU so at any time when a defau.t cs�. L�¢r•�plisarion
<br /> ���� ;'�"�'',�� cf L%i�ts shall aot cure or waive�:;default or invalidate�y other right or remedy of�c:�:.*.'C�.��ss�ent c:
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<br /> _ :_:�.},:,,, Renis of the Proloerry shall terminate when aU the sums secured by the Security Insuu�«.:;�r�.:u..��' .
<br /> .���'?;'°!, I,CROSS-��EFAUL'�PItOVISiON. Earrower's default or breach�nder any aer,�or:�.��m�: in which
<br /> .�*;,�••. � � Lender has an"cytrest shall tse a breach under[he Securiry Iasuvment aaA L.ender may invoke�_�:"t�h:remedie3
<br /> '�'�:�.-..�.. �:•-,=~ permittefl by the Security lnstaument.
<br /> �K��;.�;:.� ;: . BY SiGMNG BELO�]H, Eoa'aotiver accepts and agrees to the terms and pro�5�a:u �ntained in this 1�3
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