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<br /> ��� ,�J B. USE OF PROPEItTY;COA�LIANCE W[TH L�#W. Borrower shall not seek,agrec co or malse ':.� . ��•
<br /> n change ta the use of the Property or iu zoning classification,unless Lender has agreed in writinB to tDte f��, _„�
<br /> '�>:,.;..
<br /> , cbange. Borrower shnil comply wisin all 1aws, �Tdiaances. regulations and requirements of any �.;.,.;
<br /> govemmeatal body applicable co the PropertY• •';��3�'
<br /> ' C. SUBORU�tATE L1EN3.Except as permitted by federa{law,Bono�ver shall not allow any lten
<br /> . infe:ior to the Securiry Instrument co be perfected against the Properry withouc Lender's pdor wdtcen :�;y t,'
<br /> ° � } permissioa. '�=
<br /> � D. ItENT L09S IIVSURANCE. Borrower shall malntala lnaurance against rent loss in uddition to . �_:
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<br /> • � the o�her hauuds for which insuraace is re9uired by Unifor�ct Covenaut S. �A,._
<br /> ' E. "BORROWER'S RIGIiT'PO RCIl�iSTA'1`E"DELL'i'�D. Uniform Covenant 18 is cieleted. „;;;•..
<br /> ��� F. BORltOW�i'S OCCUPMICY. UNess Lender and Borrower otherwise agree in writing, the .��`°
<br /> `� t3rst sentence W Uniform Coveaant 6 concerning Borrower's occupancy of �he Property is deleted. All __
<br /> ; � remaining cuvenants and agreements set fonh in Unfform Covenant 6 shall remain in effect. �.:_;_
<br /> G. ASSIGNMENT OT LEASES.Upon Lender's request. Borrower shall assign to Lender ali Icases =�:_,,,
<br /> ,�!. � of tbe Property+ and a11 security depasits made in coanecrio» wl�h leases of che Property. Upon the �•l��.
<br /> -,_,._-
<br /> assignment, Lcndar shall have the righc to modify extead or terminate the existing leases and to execute .t ...
<br /> new leases, in L.ender's sole discrecian. As used in this paragcaph G, the word "lease" shall mean t;,��.
<br /> �ar,
<br /> "sublease"if the Security Inatrument is on u leasehald. ``•''"'S'�
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<br /> . �' Q.ASSIGNMENT OF RENfS;APPOIl�fTMENP OF ItECEIVEIti L.ENDER IIY FUSSESSIOYV. �;;,;_
<br /> .�ti Borrower absolutely and uncoadidonally assi�ns and transfeis to Lender al! the rents an reveuues
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<br /> (`Rents") of the Pmpetty. regardless of io w;�v� tdc P.tat� af sh= �r"�.'?r!:' are 4►aynble. Horrowcr ,.._......
<br /> ' authorizes Lender or Lender's agents to wllecc the Ren�s, aad agrees thac each tenaat of che Properry shali ���;
<br /> , pay the Rents to L.ender or L.eader's agents. Ho�vever,H h 21�of the Securlty Instrumeat and(i) Lender
<br /> ' has given Rorrower notice of default pursuent to paragrdp
<br /> has�iven aatice to the tenaat(s)that che Rents nre to be paid to L.ender or Lender's agent.'Ibis�signment .
<br /> of Rents wastimtes an absolute assignment and not an assi�nment for additionat secutity only. __
<br /> � If I.ender gives aotice of breach to Boaower. (i)all Renta received by Borrower sh�ll be held by
<br /> v Borrower es tn�stee for the beneflt of Lender only. to be appltcd to the sum.c secured by the Securiry
<br /> .N• . �.�. Insuwnent; (ii) Lender sbalt be entided ro collect aad ceceive all of the Rencs of the Property; (iii)
<br /> t ,.. Borrower a�rees d�ut each teaant of th�Property s6n11 pay ail I�ents due and unpaid to Lender ot Lender's c
<br /> � u�ents upan Lender's written deruaud to the tenont;(iv)unless a�plicnble law provides otherwise.all Rents
<br />�r�-�:�•.;:'��, coilxted by Leader or Lender's ugenta ahall be applted Rrst to the costs o4 takiag coatrol of and mutwgiag .
<br />_ `° `� '�� che propercyr aad collecting tha Rents, including, but not liraited to. uttomeys' fees, c+oceiver's fcea.
<br /> °V'� "_"�, premiumg on receiver's bonds. tepair aad maintenance coste,tasuraace premi�ups,to�ces.assessments and
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<br /> '�''"�'r��"�# � other charges on the Property. aad thea co the stams secured by the Sec�ulty Iasuument: (v) Lender. - --
<br /> -� � � - Lender's ogents or aaY ludic[ally apgoiated ec�iver shell be liable to acwunt for onty those Rents actually _
<br />�' - '�', rece;ved;end(vi)Le�tder shall be enttded to have a receiver appointed to cake possession of and ma►wge _
<br />`'� • .�` the pm pecty and callect the Reata and pmfita dedved from che Pcopecty without any sdowiag as to the _- -
<br />-` _ ina�(e9uacY of the Pcoperty as sec u r ity. inmais: �
<br />- :. �:�.. �67U l87061.01 Pago 2 of 3 Form 3170 3183 R
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