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<br /> ' ` •�°�'•� �3.iTSE OF FAOPIItTY;COMPLIANCE VYITH LAW.Bomower shall not seek,agree co or ma[�e
<br /> .`r�:��y�`:: a change in the useof the Property or ixs zonin�classlficacIon,unless Lender has a�reed in�vriting to the -
<br /> �ttix�•:.j change. Borro�vea shall comply witPs ell lawa. ordinances, reguladons and requirements of aay
<br />- `"§'� `. governmental body spPlicable to the Property.
<br />.=-=Y�"'"� �.S[TSORDTNATE L�NS.Except as permftted by federal lav+.Bonower sha11 not allow any lien
<br /> ✓�==��;r',' without U�.der's rior vmtten
<br />-____._�._� infe�ior to the Seau�ty Insm►�ent to be perfected agaiast the Property P
<br />-_°_`__"'��� pemussion.
<br /> _. --- p�.�g�1Ngt1l3AIdC�. Bormwer shall maintain insurance agsinst cent toss in addidon to
<br />.-'`�`R��� the otlser baztuds �'or v�rhich iasurance is c�aired by Uniform Covenant 5.
<br /> _v�� E."BOglt�1VER'3 RIGAT TO It,EINSTATE"DEI.ET�9.Uniform Covenant 18 is deleu�.
<br /> '�"=ya��'� T.BOI2RmWER'S OCCUPAIVCY. Unless Lender and Borrower otheiw[se z� in writing� the
<br /> _— &st sentencs ia Uniform Covenant 6 concemiag Borcower's occupancy of ttta Pc��ety ia deleted. All
<br />----_=_��:'� remAining caven��nts and a g r e ements set forth in iJniform Covenant 6 ahaU remain in effect.
<br /> - ._ _ -.-� G.ASSIGNi�lENT OF LEASES.(Jpon Lender's request,Borrower shall assign to L�ender aU leases
<br /> �,�;�
<br /> of the ProPeAY and all se�urity deposits made 9a conuection v+ith leases of the Property. Upoa the
<br /> _ assignment� Leader aball have the right to modify,exteas3 or terminate�B�esworde'lease" tshall tnean
<br /> "- netiv leases. in Lender's sole dlscretion. Aa used in tbis paragraP
<br /> � "sublease"if the Securlty Insuument is on a leasehold.
<br /> � &A�:�D`�'!'nF RRNTS;AP�INTA�NT OF RECEIV�Bt:LENDER 1N POS.SE33ION. __
<br /> .+,'
<br /> '�`"i' Borrower aibsolulely and uneonditioaalIy �ssigns and transfers w Lender all the renu and c+e�qlu�c.+ =-
<br /> —�r- (•Renta") oi the Property, regardless of to whom the Rents of the Pn�periy are payabie. l�vnbwer
<br /> :�g,.,� authorizes L.endei or I.eader's ngents to colle�t the Rents.aad agrees that each tenant af the Pcopertp shall
<br /> - p�yr the Rents to Leader or Lender's agents.However, �armwer shall receive the R�n3s uatil(i)Lender
<br /> has given Bartm'�xer nottce of default pursuant to paragraph 21 of the 5ecurlty Insuumeat and(ii)I:ender
<br />--� has.given no�oz.w the tenaat(s)that the Rents are to be paid w I.eader or Lender's ageat.T6is assi�ent =
<br /> ai'�ents consdtuus an absolnte ass�8nment and not an assignmeat for additional seeuriry onlY•
<br /> —� If I,eader gives notice of breach w Boirower= (i)all Rents received by Borrower shall be held by �,
<br /> ''" Borrower as auscee for�the benefit of L.ender only, w be applied to the sums secured by the Securiry ,
<br /> -- . Insuument: �i) Leader shall be entifled to collect and receive all of the Renta of the Property: ti1�)
<br /> -- - '. Borrower agrees that each tenant of the PrapertY shaU PaY all Rents due aad unpaid w Lender or L�uder's
<br /> .`"� � . agents upon Lender's written demand to the tenant:(iv)unless applicable law pmvides athernise. al!itents .
<br /> _-_•�;� collocted by Leader or Lendar's ageats s6all be aPPlied fust to che wsts of taking control of aad nnznagin8
<br /> --_ ,tt�es�pmperty aad collecting Rhe Rents. inclndin8. but not ilmited to, aaomeys' fees, receiver's fees,
<br /> --�-- prenadums on tecetver's ho�t�ls,rePair and maiatenance oosts. insurance premiums.taxes.assessments and
<br /> �
<br /> other charges mn the Pc�operty, and the�► w tbe sums secured by the Securiry Iastcuaaent; (v) Isnder,
<br /> Leader'a�tnt�s a�y�wdiciallY aApointed r�eiver shaU be liable to avcount for only those Rents actually ,
<br />."'�'��� received:and(wi)Lender shall be entided to have a r�ceiver appoincecl to take lwssession of aud manage
<br /> �"tG►e ProperiY au.d ooliect the Rents and proRts derlved from the Property without any showing aa to the ..
<br /> �ina�dequacy oftLePropertY as security. tnitia�s:
<br /> -_ _ - (�67U(9706).Ot Pag�2 ai 3 Form 3170 3183 , ;'
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