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<br /> ' >Fl� ASSIGNM11HP7i` OF REtyfBt APfQJNThtBNT. �IF.A6CEIVF.A� LBNRSR IN POSSPSSION. . •
<br /> � Borr¢t�'�r ebwidtc(y and uncondiUonally aisigna and ipetkrs lP I.eiider a11 the«np aM rcvenua C'Rents'�)of �
<br /> tlie �roptpy,.icgudlu� of to Whom tha Rents of�he Prpptny ero payable. 6omoHer autlipdus 4ender ot -
<br /> ' � Lend2r'a agenl9 to collocF tbo Renb,.and sgrces that each temnl of Iho Propeny sh�il p�y the Renu to Lcnder or
<br /> ___ __ I.enJer'e egents.How�evea Borrower sholl rccelve�hc Ra�iS umfl 0)Lcnde�has glven Ho�rowGr nolico of defeull ___
<br /> purcuant to p4regroPh 41 di tM 5ccurity Instrument wd pf)Lender hAs glven notlw to Uw ten�n�(e1 that ttw Rentq _
<br /> aro to be pald to I,eM6r ar Lender'e agem.Thla esilgnnxnt of Rents mnslimtes an nbmlutc ussignment and na •
<br /> . annssignmentforudditlonal.uadlyonly.
<br /> - If t.�nder girts notice of breacB to iforrowct:(i)all Rents racived by Ilorcowu shall be held 6y Borrowor -
<br /> m trusteo for tho bencfi�of t.cnder only,to bo npplicd ro tho wms securud by tho Saudry lnsirumen4 Op Lender
<br /> � . shill be entiqcd lo wlloct ond ra4Wo ell oP tha Renta of tho Pmperty;(ilf)Fforrower agras that pch mnant of tho —
<br /> l�dpeciy shall pay n1l Rrnte duo end unpald to Lcndcr or Lender's agents upon 4cuder's wdtten demand to Uu
<br /> teoanc;�pv)unlesa applicablo law provldes othenvise, nll Rents collected Ey l.er,der oe Lender's agents shnll tre
<br /> eppt[ad(iisllo.ihe ebsts of tnking eontrol of and managing�ho Propetty a.c�mltecting Uie Reou,iixivding, bui -
<br /> , trot l'united ro, a'tnmay's fecs, rccciver's tces, premlunv on roc�ivei s bond3, mpa[r end m�dotemnx coste,
<br /> insuianoa premia�,tates, asscssmente and o�her chargu on tha Pcvpeiq�.nnd lAen to tho sunu s�xured by�he
<br /> ���' Sttuury Instrt�m;p�j tr)Let3der,4ender'e egents or eny jcdicially eppoinlW rcceiver shall bo Ilable to account for
<br /> �— � • � only�t1as° Ruits,rFh.u�ly�'seceived: end (vU Lendcr �a'! t+z tnlltted lo have a �cceivcr eppolntecl m Inke --—�°-
<br /> pos�ession of sm'J mnrage 11ie Propeny and collcet the Reais rn1�uYSu derivcd fra�n�he Propeny wi�hout any --
<br /> showing es fo:ihe inndequacy otthe Property as saurity. .
<br /> � 9i tho Rtma nf tha Psnperiy aro not su(Ocient to tvtier ihe�ius�s nf Iaking cor.�rol of and maneging Ihe —
<br /> 'P�bpzTry-and nf mlle�ving the Rents any Ponda oxpended by lsndu for such purposes shall becomo indebtedness
<br /> - s - ,of Borrower ro Lendcr ucurcd by�he Secudty Instmment pursuant�o UnSfortn Corenam 7.
<br /> --- '� . � Aonower represcros end warrants tha�Qorrower hns no�caecm�+d nny prior aasi�nment of the Rema ond has
<br /> . noi nnd wlll not perfomi eny eci Ihat�vould prcvenl Lcnder from excrcisi�ite rightv hr.dcr�his p�egmph.
<br /> � -_ Lendcr, or I.ender's egems or a judidelly eppoin�ed reccivcr, shell no� be roquired io emer npon, �eko - —_
<br /> � mmml of or maintain thc Propeny bePoro or nRcr giving notice of defuult m Donower. flowerer, Lcnder, or -""-���
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<br /> -- � Lender's egenis or o judicially eppoimed rccciver,moy do so at any time when n defaul�occurs.Any epplica�lon �..;_:�_
<br /> _.- ,-.-- nf Ree!e�hn�l�u��cure nr walve nny defaull nr Invnlidalc nny other deht ar remcd,v of Lender.Thle auienmenl of -, '°____ _
<br /> ' Rents of�he Propaty shall terminate when ell the sums saurcd by the Sttvdty 6uuumcm erc paid in PoII. — —.-
<br /> __�,� - 1. CROSS•DEFAULT PROVISION. 6orromer's defnul�or breach unJer eny note or egreement in whlch _ -
<br /> „���+di.i�Xl i.ender has en Intercst shall b:n breach under�he Security 7nstmment end Lendcr m�v invnke e�y of the rcmedies ���.� F��y.
<br /> ��� permintd by Ihc Sccurity Instmmem. - -
<br /> -- OY SIONINO 6CIA\V, Harra�vcr acccp�s nnd ngrors in �hc �crms nnd prosisianc mmained in �Ms I-A y �f � �
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