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OF IEASE�: s roquesr�Bvirawer shall assign to Lendei all t�oi Pmper�y , � <br /> �; � r, r,�f� E.A.SSIGNMENT 1JP°n�� f � , <br /> ' ,;;� ,�.�,��r� , : �y��uiade in oonnection witb leases of f�e.PmpM9- UPon the assignmrnt. shall have. e.' � _ � <br /> �.' " ',,,;°,1.,::';;:�.�.;`:;;� snd all secvri . s sole discreuon.As usod in ; ' - <br /> c...�,..�- � •..�i r;;:,.. ,..:;r,a;�', ri a ht to m o di f y.s�t e o d o r t e rt n i n a t o t h e e x i s t i a g l e a s e s a n d to execuu new leases.in I.ender' � . � <br /> 6 <br /> ' . ' this po�tssgraph E.the wosd '7e�se"st�U mran "subte�se"if the Security lostcumrnt is on a Ie�sehotd. : <br /> pa 8�p � <br /> �F.ASSICN11�•l�Tr OF RENTi'S.Borrawer uncaiditianally assignti and tru�sfeca to Lendcr all thc rents u�d ceveaues ' ` _: <br /> .. . � p/1he p�ope�'tY. Bonovaer audarius Lender or l.ende�'s agenic m caltec�the cen��and revenues and herd+y dicerts exh : •� <br /> .. . � .� ten�nt d the Ptvpe�ty ro pay the rrnts to I.snder or[.ender's agmtc. Haweve�.prior ta l.en�fer'�Ncxicc tu Rorrowcr ni ; <br />, � - 4 Bottower's 6mach d any eovenan�or�grament ia the Security In�tnrrtxnt. B�xtawer shaA caltect and receive all reets . ' <br /> ' ind tevenues of the Ptoperty u t�ustet for the bene8t of l�cnder and Bormwcr.Thii as.+ignment i���entc cansti�utc�s�n . . <br /> . ' � �Dsolute a�si�nment and n�an ��.tignment tor a�Witi�+nal �ccurity only. - ' . <br /> •. .• 3 1(l,ender givas notice oi bteach ro B�xrower: lil all renlc received hy Barrower�hall he hcld Ay B�xrawer a�tro�tec ; <br /> • . . � (a benefit ot Lender anly.to be appllcd tu thc wnti.�crurcJ by thc Sccarity In.trumcrtt:liit l.cndcr.ha11 he c�tilkd t�r ; . . <br /> , �. � ooliect�nd�oceive all ot the rents oi�he Prapeny:an8liiil�b tenant of the Property shall pay aU rentc due and unpaid i <br /> to l.ada a i.enQet's agent ae Lcndei c wiitten dtmand ta the tenam. � <br /> . .. gormwtr has not exavted any prar asaignment af the renu and has nw u�d wi0 rwt perform any ac� tf�t wautd <br /> - - p�event Lsader from eaercising i�s righc�under this par+B�+Ph � � <br /> � lrnder sfa11 not be rcquired to enta upon.take control of ae mainwin tlre Property bei�xe�r after givirtg natice of <br /> " . baach to Borrowe:.However.Lendet ar�judicially appointed receiver m�y do so at any�ime there is a b�eact�• Any ; " .. <br /> i�;`: , '' � . application of rents shall rn►t cure ar waive atry defauit ��r invalidatc:eny��thc�righ�or rrmrdy��i l.cndc�t.Thi.c a�sign- E'' <br />:�;; i • ' meat of renfs ol the Propeny shap tertninate wfien the debt secured by the Sccuriry tnswmem is paid in fu11. <br />. ' • . G.CA06.S-DEFAULT PitOViS10:�.Borroa�'s defauU Ur breach undet any rtote ar agreement in afiich l�ei�der has �., • <br /> , . '.�'��;; . an intasst sb�ll be a breach�a the Secudiy ln.4mrrrtent arrd l.ender may invoke any of the remufies permitted by the ; . <br /> :�risa�• �. <br /> , 's;��,: - Suuriry Jnstrument. ' ., <br /> . ; , <br /> ' �. � BY SIGNlNG BGLOW.Batrowet accepts and agrces to thr terms and provlsions cantained in this!-4 Family Ridet. ; �� <br /> • " � <br /> / v ,}�/���, s� j <br /> l. ,P;`r/.�,,�.,[(.yS�F,..���.�il���........................ .t ) <br /> � Gerald K. Foulk "�"0"°' � <br /> . � , I ..��ll�'1�...!:...r�"���!........... ... .... ... Iseal) ! � <br /> � ' � �ea�ower . <br /> � � Karen F. Foulk <br /> . f <br /> � . � <br /> . �. � , ........................................................�Se� <br /> � �� � .. . 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