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200110005 <br />Property covered by the Security Instrument. All of the foregoing together with the Property <br />described in the Security Instrument (or the leasehold estate if the Security Instrument is on a <br />leasehold) are referred to in this 1 -4 Family Rider and the Security Instrument as the "Property." <br />B. USE OF PROPERTY; COMPLIANCE WITH LAW. Borrower shall not seek, agree <br />to or make a change in the use of the Property or its zoning classification, unless Lender has <br />agreed in writing to the change. Borrower shall comply with all laws, ordinances, regulations and <br />requirements of any governmental body applicable to the Property. <br />C. SUBORDINATE LIENS. Except as permitted by federal law, Borrower shall not <br />allow any lien inferior to the Security Instrument to be perfected against the Property without <br />Lender's prior written permission. <br />D. RENT LOSS INSURANCE. Borrower shall maintain insurance against rent loss in <br />addition to the other hazards for which insurance is required by Section 5. <br />E. "BORROWER'S RIGHT TO REINSTATE" DELETED. Section 19 is deleted. <br />F. BORROWER'S OCCUPANCY. Unless Lender and Borrower otherwise agree in <br />writing, Section 6 concerning Borrower's occupancy of the Property is deleted. <br />G. ASSIGNMENT OF LEASES. Upon Lender's request after default, Borrower shall <br />assign to Lender all leases of the Property and all security deposits made in connection with leases <br />of the Property. Upon the assignment, Lender shall have the right to modify, extend or terminate <br />the existing leases and to execute new leases, in Lender's sole discretion. As used in this paragraph <br />G, the word "lease" shall mean "sublease" if the Security Instrument is on a leasehold. <br />H. ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; LENDER IN <br />POSSESSION. Borrower absolutely and unconditionally assigns and transfers to Lender all the <br />rents and revenues ( "Rents ") of the Property, regardless of to whom the Rents of the Property are <br />payable. Borrower authorizes Lender or Lender's agents to collect the Rents, and agrees that each <br />tenant of the Property shall pay the Rents to Lender or Lender's agents. However, Borrower shall <br />receive the Rents until: (i) Lender has given Borrower notice of default pursuant to Section 22 of <br />the Security Instrument, and (ii) Lender has given notice to the tenant(s) that the Rents are to be <br />paid to Lender or Lender's agent. This assignment of Rents constitutes an absolute assignment <br />and not an assignment for additional security only. <br />57R (0008) Page 2 of 4 Form 3170 1/01 <br />