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<br /> fl. A9S[GNM�NT OF RItN7'S; �P�OIIVTIY�KP OF Ml�:CF.IVER��LEND4R IH I�7139fi68[ON. �
<br /> 8orrower�b�Wutely aad urcaditiaally wi�md craoden to l.endsr�1 the rents and n.warre�("Raiu••)of
<br /> the Pmpa�ty. neg�rdla� ot to wiwm the Rente of the Froperty �re payable. Borrower authorir�as l�aider or
<br /> L,ander'��em to ooUect tho Re�.md�rees th�t each te�a►t aP the Prn'P�nY� W9 tha Raaq.w l.arler ar
<br /> l.00der'��genm. �lowevar.Bornnwer rtWl�eoeive the Rwta until(i)Laider haR given Bormwer ndiae of detault. _
<br /> purw�rrt w p�a�r�ph 21 of the Secudty InRtrument�nd(ii)I.ender hs Qiven rotice tn the taL�u(s)thtt�ho Rwu
<br /> are to be p�id to Leader or l.ader'c�gait. Tbi�wi�nment of Rmts aomtltuw m ab�olute arti�nment�iwt
<br /> aa aaignment far�ddid�sul axudty only.
<br /> If I.ende�givea nodce of breach to Ba�rower:(i)�II Raxe rooeived by Borrower�ludi be held by Horro�vex
<br /> wr uust�s fin q+�b��eflt ut i.znder oNy.W ba AppBrd to thc sums socu�+ed by the Security Ir�suument;(ti)l�dt2
<br /> eFiall be anitkd to oollect and roaivc dl of the Rentt of the Propaty;(iii)Borrower ag�nea dat each taa�nt of tbe
<br /> Prope�ty�11 pay d! Rax�due�rN u�poid w l.mder or La�dcr'�ageaa upon I.a�kr's written datMnd co the
<br /> tanat:(iv)unle�s q�pllrnble law providea othp�wlse. all Rents oollected by l�errkr or Laxkr's�gente sFu11 bc
<br /> applied fi�et to ttrc oosts of iWdng contrnl of and mAr�ging the Pnuperty and oollectbg�hc Ra�ta�iocluding. but
<br /> not limited w, attornry's foes. �eccivcr's fas. prcmiumg on rcreiver's bonds. repnir and maf�enat�e oo�ts.
<br /> insurance premiwm. taxes,assess�rieMs and other d�arges oa the Property.su�d then w the w�t�s Rocured by the
<br /> Secudty Imtnunent;(v)Lpder.Lender's ngents or anY 1���Y aPPninted neoeiver shall 6e li�bk w nocamt for
<br /> only thosc Rcats rctu�lly r�ai+�ed; nnd (v!) Le�der shall be mdUed to havs a raeiver appdatcd to W�e
<br /> poscession of and manuge 1ho Propeny and oollact tl�e Rdus and pmfits der�ved from tha Property witdout ru►y
<br /> showing as ta the it�adoquacy af tl�e Property as security.
<br /> 1f the Rents of the Property are not sufficient to cover the oosts of tafcing control of w�d mvwging the
<br /> Froperty w�d of oollocting 1he Rents any fundr expended by I.trder for such purposes slwll beoome jndd�oedrks�
<br /> of 8orrower w Ixnder sxurcd by the Security InstNment pursuant to Uniform Covemint 7.
<br /> Bormwer reprcsentc and warrants that Horrower hag not exavtod any prior assignment af the Rents and hu
<br /> not and will not perform any act that would prevent l.ender from exerrlsing its�ighta under this parqgraph.
<br /> Lender, or Lender's agents or e judicl�lly appoi�ted reoeiver, shall not be r0quired to enter upon, take
<br /> control of or maintain the Pnnperty beforc or after giving notice of default to Bacmwer. However. I.ender.or
<br /> L.ender's agents.or a judicjally appointed receiver.may do so at any time when a dePault occurs. My applicutbn
<br /> of Rents siwll ndt tvre or w�ive any defaull or invnlidnte any�ther right or remedy af I.ender.This ossignroent of
<br /> Rents of the Propeny shall ternunate when all the sums secured by�he Security Insirument u+a paid in full.
<br /> I.CROSS-DEFAULT PROVISION. Borrower's default or breach under any notc or ngrecment in whicb
<br /> l.ader has an interest shall be a breach under the Socurity Insnument end l.ender muy, imoke any af the amedies
<br /> permit[ed by the Security Instrument.
<br /> BY SIGNING BELOW, Borrower accepts and agrees to the temu and provisions conmir�ed in this 1-4
<br /> Famfly Rider.
<br /> (Seal)
<br /> FjfIRRY C . ALK R .eorrower _
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