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20220239 <br />collect the Rents and profits derived from the Property without any showing as to the inadequacy of the <br />Property as security. <br />If the Rents of the Property are not sufficient to cover the costs of taking control of and managing the <br />Property and of collecting the Rents any funds expended by Lender for such purposes shall become <br />indebtedness of Borrower to Lender secured by the Security Instrument pursuant to Section 9. <br />Borrower represents and warrants that Borrower has not executed any prior assignment of the Rents <br />and has not performed. and will not perfonn, any act that would prevent Lender from exercising its rights <br />under this paragraph. <br />Lender, or Lender's agents or a judicially appointed receiver, shall not be required to enter upon, take <br />control of or maintain the Property before or after giving notice of default to Borrower. However, Lender, <br />or Lender's agents or a judicially appointed receiver, may do so at any time when a default occurs. Any <br />application of Rents shall not cure or waive any default or invalidate any other right or remedy of Lender. <br />This assignment of Rents of the Property shall terminate when all the suras secured by the Security <br />Instrument are paid in full. <br />I. CROSS -DEFAULT PROVISION. Borrower's default or breach under any note or agreement in <br />which Lender has an interest shall be a breach under the Security Instrument and Lender may invoke any of <br />the remedies permitted by the Security Instrument. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this 1-4 <br />F j ily Rider <br />ASSE •O'! <br />(Seal) <br />-Individual <br />(Seal) <br />-Individual <br />MULTISTATE 1.4 FAMILY RIDER -Fannie MaelFreddie Mac UNIFORM INSTRUMENT Form 31701/01 <br />Page 3 of 3 <br />MortgageLaw Powered 6y IDS, Inc, - 31352 <br />