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<br /> Q.AL9IGMb�ENT OI�LEASF.S. Upon Lende�'�r�equcst,�oaawer sholl esslgn w Lender Nt leascs of It�u �-
<br /> � T Praparty and all accurity depo9ita�nadu in conrte.�tian with lca�ses of the Froperty.Upon 1he assigYUnent,Lender
<br /> ehttll havu the riBiu to ntodity.oxtcnd af t�r�1�u���enistinB leas�end to oxecuta ncw lesses,iq L.ender's sflle �
<br /> . -" �� disactlon.As used ln this parnRmph O.Iho ward"IeASe"shall cnean"subleaso"if tho Sacurity Insuument i.9 on a
<br /> � ' ?'�� leasehold. �
<br /> �;;;�'�' H. ASSIQNMENT OF RENT3i APFOENTME1�iT OF �tECEIVER; LENDGl� 1N FOSSESSION. -
<br /> .,,;,.,,�,<�Ii.;� Horrowcr ubsoluusly tutd uncondIttonally nssigna end tmnsfera w Lender all the tsents and rovenues("Rents")of 1he
<br />__: ; '�� P�+operty�regardless of W whom tho Renta of the PropatY ere paYable.Borcower nuthorizes Lender or Lender's
<br /> egents to co]Ier.t tiro Rerts,and agree,s ttwi ecct►ten�t of the Property shall pay the Rents to L�der or L,ender's ,
<br /> •� . ^'� agante.Howevor�Bom�wer shaU recelve the Renta untU(1)Lender hag givcn Bosrower nodce of defau�t pursuunt to
<br /> paragra�h 21 of the 3ecurlty Instcument an�Y(8) Lender hav given notice to the tenant(s)that the Renm ara to bs
<br /> , paid w Lender or Lsnder's ugent 'ffils assl8nn►ent of Rentx canstatutes an absolutc assignment nnd not an
<br /> assignment for addidonal secuciry on1Y•
<br /> ';�'�.� If Lender giv�s notice of breach to Boirower:(i)all Renta received by�orrower shell be held by Boaower as
<br />- ` truatea for tho benefit of L.ender only�to be applled to tha sum4 seciued by tho Security Inatrumenr.(il?Lender shall
<br /> ,. be entided tfl coAect and receive nU of th�Re►ua of t�a Progerty;(+li��Honower a�ree.a t��at�ach te�umt of the ,
<br /> .' :•�,;.•';' �P��'�Y sh�19�ay all Rents due and uagaid to I�.nder os Lender's agcnts upon Lender's wrlttea�demand w the
<br /> �%::;,�.� � tenant; (iv) n�6�ess appl'ec1s�_o law pmvides odtenvis��uU Rents eolleated by Lendev ar Lender'fi qqenGv shall bo
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<br />-..;.sa�r�',?-". 'Applled it�t�t1}e cflstt3 of¢�c�8 conuul og and m�.n�.^�in8 tho P[opetty and collecting 14re Iicnts�includit��,but mnt
<br />.'�.:-�i'.%��'��,';ii�' ,� ��I��A.A1t��Y8�fees�receiver's fa�,prem�ums on r�ect+lver's bo�dsr�B�S3�T ATl(,671U�1�611A11�'B'COSfS�1!1$Ufi921't�L4 . _
<br /> ;. premiw�x�mu�es�assessrnenu and other chm$ea an the Pmpraty.and �hen to the aums secured by the Secarlty
<br /> - ��� intecl rece;v�s ahaU be liable to account Cor anly thoso
<br /> .�����_�� tnatrum�n�;�jv)Lender�Lender'a agents oF any JudtciaUY aPPo
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<br /> ;,:;..;,x fierifs act�lly�ceived;and (vi)Lendef ahall bo end�ed to have a rccaiver appointed to take possesston of and
<br />-'�;;;��:,., manage tAe Prop¢riy and sollat ttto Rents and profits derlved from the Propeity without any showing as to the
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<br /> ri#isrf:�a::S` �118QCQUS1Cj�Of.I�it2�YO�1PdlY B9 SCC11171J1•
<br /> --°.°`,,���� are aoi suffieicnt to cover �he costs of tafdng control of anzl managing tha
<br /> .�;?�.,.�,�?_ If�he�t�ta of tho Pcope�ty p _l fnr auch sey sball 6ecome indebtedness of
<br /> �. - pmpetty an�of coiIccang ii�o Ra�in stty fu�ds�ssded�y L.-.�'- P�
<br /> � '� Borcower to i.ender socured by the Securlty Insuument purauant to Unifom►Covennnt 7.
<br /> __ �u.�� rlor assS ment oi tho Renw end t�as
<br /> • - • Borrow�r nprese�tt8 and wanenta that Boirovsrer has not executed eny p Sn
<br /> --- ==��v not end will not�Crform�sny act tinat wuuld Vmvent Iander fmm axtrclsln8 ita d8hts undu this pateBraph.
<br /> — Lendu.or L�cnder's agenta or n�udiciatly sppointed receiver.ahall not ba rcqutred w enter upon�take cantrol
<br /> -- 08 or maintatn the Propeet�r betare ar eiter gtving rtotico of d�fault to Batcowu.However�l.cndu.or Lensla''b
<br /> egcnta or a Judklally eppolnte8 tecalvu�mey do Ro at eny tlmo when e d�fuult aceure,A.a�y�ppiicadon of Re�nts
<br /> ehail nat curo or walve eny defauis or invalidaw eny otha dght or ccmedy of Lcnder.7Uis assignment of Etcnta of
<br /> tho pra�erry sha11 term3nato whcn ell tlta sams sc6urcd by tho Sxurity Ir+auumene ero putd In fuU,
<br /> �� I.CROgS-DEC�AULT PYtOVISION. �orrowcr'a defuutt nr breach under any noto or agroemcnt in
<br /> � which Lender hes an interest eha11 be n breach under�Ite Security Inswmca�t end Lc;nder mny invaka nny of the
<br /> _.__-� temedic�permiucd by tho Secudty Insinu�en�
<br /> .----�.— BY SIaNII�i(3��3IAW.Aoanwer eoceDts and a�ees to tho terms and provtsions contained in thls 1-4 Fiunily
<br /> ��•°"'� Ri�er.
<br /> ^f_.�� I��a�. .+ —c��n ����.��a.� .�s��
<br /> ``.°_—._= MICHALL CIeS1�ItY •8prra9•tt DESOR1Lti 8 CL�ARY Bmrowor
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