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<br /> = Ra�ts unW(i) L�ler ius�iven Baaower�of defwlt punwnt to�ara�rAph 21 uf tNe Securi�y Inttrument and(ii) ..
<br /> _ � L�dldlt�lif�IVpt flOt'tCC W dle�It(s)it1Mi I��a Rc�dd iub iO tid j"ii{�t0 Ltii�Cf Oi l.Cii�Ci�i ilQGtlA �!�t+�I�MM
<br /> ---�-�-° consdtutes an absoluto�usiQnment�uul not+u►aurlpnment for additional accurity oNy.
<br /> IP Lender Qivet noticc of b�a►ch to Bortuwer:(i)all Rcnts received by 8arrowa shull be hcld by Borrowe��u tnu�tee ta
<br /> __- -� _�._..:.� the beneSt of Lcnder only.w be opplied w the�unu�eaw�od by tho Secu�ity Irutrumeot: (ii)L.ender shAli be ent�'d w
<br /> - --;�� collect and rooeivc all oP tho Ret�ts of the Property:(iii)Batiawer q�+ecr thAt each urwnt of tho Pmperty shall p�y dl Ra�u
<br /> - - due md un�wid to l.ender or L.enderi�n�enu upon L.enderh weftten demand to the tenonr.(iv)unlcss opplicable uw providei
<br /> dhcrwiro, all Rent4 caltocted by Lender or l.aiderl� agent�rhell bc applird A�et w �he costs aP aking control of�nd
<br /> muu�inQ tho Property axl collecting tho Rent�.including,but na limitod to.�tlomeyti fees,r�eceiver's faa.premiumr on
<br /> -- roceiverti bonda.repair and maintenu�ce coaw,insur�nce prcmiums,taxes,annsecsment�and athcr chu�en on thn Propeity,
<br /> ,,� and Ihen to the sums securcd by the Secudry Instrument;(v)Lender.l.ender8 agents or any judiciAlly appointed roceiver
<br /> =;�9 ehall be liable w account for anly those Rents actunlly rcceived;and(vf)Lender shall be entitled to have a receivu appointui
<br /> -- ---v to take possession of and maneg�Ihe Property and collect the Rent� and profitc derived from the Property wlthout any
<br /> -_- '"_-:�.• slwwing uu�to the inaclequacy of the Property as security.
<br /> ::=`� IP the Itents of the Prope�ty tue nat sufflcient to cover U�e cosis of taking cantrol of and managing the Property and of
<br /> � rnllecting 1he Rents any funds expended by Lender for such purposes�Iwll 6ecome indebtedness of Bmrower W l.endor
<br /> �'"�'�•�� iecured by ihe Security Inspumcnt pursuant to Uniform Covenant 7.
<br /> �''-= Borrower represents and warrants that Botrower hes not executed any prior assignment of the Rent�and has not and wl��
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<br /> —"- �' n�perform any act that would prevent Lender from caercising its righta under this paragrap .
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<br /> T��,,.y.,-}r Lender,ar Lenderk agents or e judicially appointed recefver,shall not be required to enter upon, takc control of or
<br /> �9�`• mnintain Ihe Property 6efore or after giving notice of default to Borrower. Howeve�, [.ender, or l.ender�s agents or A
<br /> — - "�'==`-% judiciaUy appointed recciver,may do so at any time when a default accurs. Any applicat�on of Rents shall not cure or waive
<br /> `''�A:T�: any default or inv�lidate any other right or remedy of Lender. ThiQ acsignmcnt of Rente of the Property shaU termin�te wlua�
<br /> -=-��.x:;; � o �II the sums recu�ed by the Securlty Insdument we paid in full.
<br /> _ ��`' I.CROSS-DEFAULT PROVI3ION.Borrower's default or breach under any note or agreement in which Lender Iws an
<br /> �-��•" interat sFwll be�breach under the Security Instrument and Lcnder may invoke eny of tha remedies permicted by�he Securlty
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<br /> .,��F� HY SIUMN(3 BELOW.Borrower accepts aad agreea to the terms and provistona conwined in this 1-4 Family Rider•
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<br /> _ _ ;����� ��.' Alvin L. Nemmingsen
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