|
., ' ��i:'�. • S`3 - •::;k �. . ..�. , . .. ,•^;r�r i°�t�'
<br /> 4�:::�.`;ti74r'r .- i .�, - 'A� ,Y'� . , o �"�,=�,i� � ' ,1'�'.
<br /> >�:.. _�
<br /> . �,'�c..y_U. _ � . - .
<br /> ' ��.`��" - � - - � --
<br /> ''� +�. .._ .._. ._._—_...... f .. ... ,. �'� - . . _
<br /> . � . ' .,. .. _...., . . .. � ' . ... .-. ..• ..
<br /> ^v� ' . ' . .. ua�..n: . '�cvr_�._ _ _ . . . ..�. .v_ '_ .
<br /> I ..1���T^ r. " . . ' . '.r t"S'ry�' ...� � . . ., _� � i_
<br /> ._. .. o k:.•,`. _,. u. 4�'�1�.':� ' . . .-r _
<br />. , �n4 .tl`., " . � � ., . . • . , , , ' . �.����yz --..
<br /> , .
<br /> � . '.5� � ,Ci�c .Y. ,� � L .- ... . ...
<br /> �.. 4.
<br /> � ' • : . . . . .,• . �
<br /> • -� - �r .�' .
<br /> '�� .'I� "i "1�'1`Tf' �itl � . f, ' � ,- - ! �. __
<br /> , ^ ' " '"' . .._..-__.__ ... ... .... __....._._ ._ _ ........ - __ .
<br /> .�. .
<br /> ,.
<br /> . ��
<br /> .. .
<br /> +�N��'�"�.��
<br /> _ b���N��
<br /> . �
<br /> ..t�,,. . .��, •.,,��.r.��.___-_-_..�'�>3- .._ . _ e�_
<br /> . •�rw,o-,_ _ _ ._�`..._.,._._.__..___.__.._....�.—... . .
<br /> L'
<br />� -v.n, . .� _
<br /> } •� � � -
<br /> 1
<br /> . :._i _
<br /> :�.;.:.,:.-,,�� 9 � ___-
<br /> - 9• ����� �
<br /> ,_
<br /> �:,�,,��r; -
<br /> . ...� -
<br /> q��� -
<br />-�._,�, �,
<br /> �:,�. _
<br /> �-~'�^ B.iTSE OF PI�OPERTYi COMPLIANCE W1TA LAW.Borrower shall not seek,asree ta or m�ke
<br /> ''`''�`'' , a�hange ia the use of the Property or its zoning classificat[on,wiless Leader has agreed ln wdWB to the
<br /> �;�;,,::��� . change. Borrower ahall comply wlth all lawa. ordinances. regulations aad requiremeats o� aay
<br /> ';:�;�,,;.-:..;; ' govemmental bodY aPPlicable to the Progerty.
<br /> - C.SUBOR'b1NATE L1El�i3.Eacept as permitted by federat law.Borrower shall uot allow any lien
<br /> �=Jp�.a, inferlor to thE Secudty Iustrunient to be perfected against t�a Property wIthout Leader's priot wrtttcn
<br /> ,;�'�"!�'� permission. �
<br /> p,RENT I,pgS 1NSORAI�TCE.Borrower s4iall meiatain insuraace against rent lo:s in addition to
<br /> '��'�'� the other 6nzards for wb�ch insurance ie re�jred bY Uniform Covenant S.
<br />-�um'�"`� -
<br /> --- E."BORROWER'3 RIG�'i'TO LtE1NS°�ATE"DELET�11.Uatform Covenant 18 is d�leted.
<br /> :_:k,^,;�� F. �3�D�ROWER'�OCCUP�INCX. Unless Leader aad Bon+ower othtnvjse agcee ia cvridag,the
<br />---�- — fust sentenre in Unifarm Coveaant 6 obnoemin8 Borrower's oaupancy of the Property is QEleted. All
<br /> -`-"P remaining cavenants aad agreements set forth in Uniform Covr.aant 6 shall nmain in effect
<br /> ----.,�i`� G.A3�IGNN���LEA�ES.Upon I�eader's re�t,Borrower shull�s,sign to Lender all le�
<br /> _ _� of the Fropzny and aU security depmsits made in connection wlth leases of the Property. Upon the
<br /> ,�,� assigament,II,.ender shall have the right to modifY.e�ctead or t�cninnte the existing leases and w execute
<br /> new teases. in Lender's sole discretion. As used in this pa�ph C3. the word lease shall meaa
<br /> *� "sublease"if t�e Securicy insmuneni ia vu e t�h�i3.
<br /> H.ASSIGNN�NT OF RENTSi A�POIIV'C11�IVT OF RECEIVERi L�r�TDER IN POSSES9I0'd.
<br /> Borrower absolutely and uncondidonally assigns aad transfers W Leader all �ren�aud Barrower
<br /> • ("Renes') of"the Property. reSardl�ss of to vWhom the Reau of.thc Pmperty P Y ._ -
<br /> -- � , authorizes�.�nder or Lender's age�s to colloct the Rents.aad agr�as that each tenant of the Property shall
<br /> _-- �pay tha Rents co Leas�ei a�1�ender's agents. However, Bomower sball receire the Renis uat#1(i� Leuder
<br />___ __�-� ,��ven Borrower aotdan of default pursuent to g�xaSraPh 21 of the Secutiry Ex�stRwnent aud (ii) Yx�i�r
<br /> °""'�� � has given np�ic.e w the faaant(s)that the Reats are to be paid to Leader or�kn��r's ageat.This essignme� _�
<br /> of Rents oanstitutes xa absolute asslgnm�nt aad not an assignment for additional sckuiity only.
<br /> If Lender gives notix of breach to BorrDwer: (i)all Rents seceived by Borrower shall be Iietd by
<br /> Borrower as ttustee for the b�ne6t of Leader only. to be aPPlled to th�snms�ed by the Secutity
<br /> Ins�um�IIt� �ii� I�ndei shall be entided co collea and reeeive till of the Reats of the Properey; (iii)
<br /> — Borcower agrees that each tenant of the Pcoperty sh�ll PaY all Reats due and unpaid to i,eader oc Lender's
<br /> agents upon Lender's wrluen demand co the temmt:(iv)nnless aPp�icable law provides otherwise,aU Rents
<br /> oollected by Leadcr or I�ea�sr's agents sha11 be aPp3ied first�°t6e e°sts of takin�g oonuol of actd managin8
<br /> the pfop�ty and oollecYing the R�'s, including, but not limited to, attomeys' fees, zeomiver's fees,
<br /> pnmiwms on naeiver's bonds. :'oPair ond maintenanoe costs.insurana pnmiums,taxes.assessments and
<br /> - � other cht�rges on the Property, and then to che �nmg secured by the S�nri4y Insuumenr, (v) Lender,
<br /> , Lender's agents or any judiciallY aPPointed receive'r s�all be liable w acroura�or only those Rents aaually �,
<br /> -_`-- � received;and(vi)Len�er s6aU be eadtted rA Hav�a r�:.civer air�i�tcd to ta'�:.g -�sioa of � �^oP .
<br /> ---_--
<br />
|