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<br /> ' ����r �.A�SI�MMEN'I'OF E.EASFS.IIgOA I.�IId2T�8 lEt�utS2.Borrocvez:hall assiga to L.ender all Ieas�s of the
<br /> ., � •;� 6=cogcr�y.�nd all secudtgr deposlts made in wn�ECtlon with teases of th:Prog�y. Ugan t�e assignmeat. Leader
<br /> , �i� shall Uave ths right to ma�ify,extend or terminaze the e�tLsting leases aad to execute aew teases,ia LeuQer's sote _
<br /> dtssrtlon.As us�d in this pa�raph(i.the word"tease"shaU mean"sublease"if the S�curlry ItLsuument is on
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<br /> � ' a lras:hold. _
<br /> .- . -�� H. �IGIVMEI�I'f OF EtLNTS: A�POINT1di�NT OF HtEC�IIi/Ead: LE11iDER IlV �SE�SIOPI. �
<br /> �::.� $orrocver a�aa]Ltely aad t�r.oad�tionally�signs and transfers to Lead2z aIl the rents and reveaues("Reats")af '
<br /> - tttc property, regardlcss of to vl�om th� Rents of thQ Proy�rry are payable. Borrower suthorizes Lender or
<br /> -" -� �` Lcn�er's fl,ents to collect the Reats.aad agcees th3s each cenant of the Property shall pay the Reats to Lender or _
<br /> �' " Lensler'a uge�ts.However,Barrow�r shall rc�seive the Rents until(i)Lea�er has given 8orrovrer aotice of default
<br /> - �_7. , paruant tfl parugraph 21 of the�curlty Insuument aad(ii)Leitder has given notice to the cenaat(s)thm the Renu
<br /> ' ' are to be pad to Lender er l.eader's ageat. This assignment of Rents consdtutes an a��etn*s a�signmem and a�t
<br />_'�.'. an essignm�nt for ad�ivanal sesuriry only.
<br />'��'�'�` If Lender gir•es e�tica Qf breach to Bormwet:(i)aU Renla reseived hy�arrower=.�.s I be held by Borrower
<br /> "`'f,�S r �tr�st�e for t�::tcaefit of Ls�Qcr onIy.to he zpplied to the sums s�16y�te Se�usity Insuvment;(ii)Lendsr
<br />`- ` .;'�"t anall be cr�idr.�t�u ccli�t 2nd ter,eir•e all of the R�ts of the Froperty;(iii)�::otver agreES that e�h tea?nt of ths
<br /> . ^, Ptoscrty ahal!pay all Rents d�:�y���'�J us�.e*��r or i��.��r's agen*s upvn Leadcr's cvritten dsm�d co t��
<br />- '�:r a-: ten�nt�(i*�)untess appilsab.s t����a��'�a8te,�:sa. �L2mt��ilected by I.eader cz fiF-�..>.c�er's ageius sha11 ic�
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<br />'°��':� appDied�rfrt to the casts of taF�.��o��l c���e�aaging�:Pcogerty aa�coU�-�;th�:r.�. ��.-:.a�.^a,tr.::
<br />-.��$� ' c�i�ar'8 rG�3, 17ICID1llIDS OA ICtClVei''s �, ��� �^,:-"=^'�*��� costs,
<br /> __ aat iltnitod to. ateam:ys foes.
<br />:.,k;;��� Insurance pre�aiur,..;.ta�t�,2;�P:+SST�'IltS IIIItI Ol}lEP C11aPg2S OA ths Property,��then t�t:�sums szur�i by the
<br />- -s�;� Securlty Instrument:(v)Ltr.�er.9�der's agents or any judiciallY appointed receiver s:�::�x liable w account for
<br />-�'��_�:.� anfy thnse Rents actually resei��d; nnd (vi) Leader shaU he entitled to have a a�iz•er apgointed eo take
<br /> ;�a�' posseyloa of and n�nage tt►. Ptoperty and collect the Rents and profits derived from�e Pmperty without any
<br />.,;p;',� ehowing a�to the inzdequaeyr of th:Property as securlry.
<br /> �°�?� , [f the Renu of ttt� Pragerty are ¢ot snfflcient w covei the casts of taking control of and managing tI�
<br />-' A.`� Property ar�d oY collectiag t�:Rents eay funds expended by Lender for such pu�roses shall ber.ome Indebiedness
<br /> "s� of Bonower to l.ander secured by the Securiry Incsrument gu.*�aaat to Uniform Covena^_s 7.
<br /> _-- Borrawer r�r�ent,wt��vannnts that Borcower has��ei e.�ecutsd any prior assi„r�.txr�s of the Reuts and has
<br /> - - ao2 ar,d wil�rcoa�edom�any act that wauld prev�t lrender from exercisin�iss righu v-..r]er:�is paraerz,rh.
<br /> -- - Ltntier� os l�nder'a agan�s or a ju�icial�y �gointed receiver. sh�3i��t be r�;u:�� to e��r v�aon, take
<br /> cont�l of or maicaic th:Praperty b�fore es�:r giving nottce of defaslt a��cr:��rer. �iowevrr, k.�nder, or
<br /> Y:�:"�''_� I.sn��a'a agcnts ox n jur�Si�aJly t���t:d recziv�r.may do so at any tims�r�°.,a a�fault ac�us.Any application
<br /> of Rcnts sh�ll nct Curc oz wai�e any d���.ilt ar�vaUdate any other right or r��•,�c�T.end�r.Tlus assignment of
<br /> - -- ltenia of the Pto�erty ehall teazr:�u�:�:n aIl c;a.�eums secured by th:S�u�i'g'i;,..�-�t are paid in full. ' .
<br /> --- !,CR(3.SS.DEi�AUL'�PA�VISiOY. �xr�wer's default or brea.^.�x�uc�any note or agreerrt�nt in which
<br /> --=s Lcr.ttsr ha�an in°�i�t shall�t a 5:�zsch uafler the Securiry C�s�ent and I.ender may�svoke any of the remedies
<br /> --_— pern�ilttcd Dy th:SecutIty ImtEUZC:ei.
<br /> ------ DY SI�:�QNG BAdA�V. �a�:ti�2: r.tcepr, an� a��20��tercas and proc:sions contained in this 1�
<br /> FAmiiy RidcP. .
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<br /> !lZTCiiLLL L 9a`� -SoJrowcr Y3J 9B H9 -Borruwer
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<br /> •Eorrower -Botrowee
<br /> _�— �•61c�d��� vaae2ot� Form3?708190 ;
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