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<br /> C.A831GNMENT OF LEASE,S.Upan I.ender'R roquect, 8arrawer chali w�rign to l.enclerall lexses of thc
<br /> Property and all secu�ity deporits mndc in cannectian wilh leu�es af the Property. Upan the ussignrncnt, l.ernier
<br /> dwll havo the d�ht to modify.extend or terminotc thc exiuing leascs and to cxecute new leaccx,in Lender'r wle
<br /> di�crction.Ac used in thia pangraph O,the word••Icasc•'shall mcan••KUblwce"if Ihe Socu�ity Inxtnunent is on
<br /> a IeasehaW.
<br /> H. ASSIGMIIF.NT OF R�MI'S= APP�OINTMENT O� RECEIVER; I.FND�R IN P�OSSESSION.
<br /> Borrawer Absolutely ur�d uncondillanally acsigns and transfers tu Lender all Ihe rents and revenue.c(•'Rents")of
<br /> the Property. regardiess of to whom the Rents of the Property are puyable. Borrower authorizcs Lender or
<br /> l.ender's agems to collect �he Rents, and agrees that each tenant of tha Propeny shall pay the Rents to l.ender or
<br /> Lender's agents. Howevcr.Borrowcr shall receive the Rents until(i)Ixnder has given Borrawer natia uf default
<br /> pursuant to puragruph 21 of the Security Instniment und Iii1 Lender h�given notice ta the tenant(s) that the Rents
<br /> are to be paid to Lendcr or Lender's agent. This assignment of Ren�s wnatiwtes an absolute aseignment and not
<br /> an asaignn�ent for addiNonwl security only.
<br /> IP Lender givea notice of breach �o Borrower. (i)all Rents received by Borrower shell be held by Borrower
<br /> ag truwtee for the benefit of Lender only,to be applied ta the sums securod by thc Scxurity Instrumenh(ii1 I.ender
<br /> . sh�ll be entiUed ta callect and receive pll oP the Rents of'the Property;(iii)Barrower ugrees that each tenant of the
<br /> _ ` Pmpeny shall pay all Rents duc end unpaid to I.e�xie�or l.ender's a�ents upun Lender's written demand to the
<br /> °' tenrmt; (iv)unless applicuble law provides otherwise.all Rents cnllected by Lender or Lender's agents shali be
<br /> applied fir�t to the costs of Wking contral of und nuuwging the Pmperty sind collecting the Renis, including, but
<br /> `:� � � no� limited to, uttarneys' fees, receiver's fees, premiumx on receiver's honds, repair and mainlenance costs,
<br /> „ insurance premiums, taxcs,as.setismcnts�nd other charges on the Pruperty, and then to thc sumc secured by the
<br /> � Securiry Inslrumenr.(v►I.cixler. Ixnder's ugents ar any judiciully uppuintecl rc�civcr shall be liable to acrnunt for
<br /> only thase Rents Actually received; und (vi) l.ender shall be emitle�i to huve u receiver appoimci! to take
<br /> possessian of und munAgc the Property aixl collert the Rentx and profits derived frum the Pmperty withaut any
<br /> ��, :•-:`., ahowing as to�he inadequucy uf the Pr�rty ax r�erurity.
<br /> 'r'"'�� If the Rent� �if the Pro rt ure n�t sufficient �o covcr the cos�s ui'tukin control of and mana in the
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<br /> 'i�:. �?-;-.:s`� Pmperty and of collecting the Rems any funds ezpended by Lender li�r such purpiiks shull become indebtedness
<br /> . oF Borrower to Lender secured by the Security In�trun�ent pursuant u�Unifi�rm Covenam 7.
<br /> r� •, ;,�,�-�ti_b,.:'.:,t'� Bormwer represems unJ wurrunts�hut Borrower lu�s not exccutcd uny priur;i..�ignmem ot'thc Rent+and hu�
<br /> j •�.��x�,��� ' nW and will nw perform ony act that wnuld�revcnt L.cnJcr from cxrrci�ing it+righis undcr thi� pan►graph.
<br /> � Lender, or Lender's ogeutx i►r a juJiriully uppainteJ recciver, shnll n�n 1� required to enter upim, talce
<br /> � � cuntrol of nr nu+intuin �hc ProEx;hy t�eti�rr or alier giving notir���f drtiault a> &xrawar. However. Iw�nder, or
<br /> • l.ender's agentc or u judiciully app�inl��l rcccivcr, muy�d��su ut uny time wlxn a defuult�KCUn:.Any upplicution
<br /> � ' � of Rems xhul!nrn rure��r wuivc any default or invulidalr nny nther�ight or rem��ly uf lxnder.Thi� assignment of
<br /> � Rents of the Prapeny shall tcrminate whcu all the sums scrureJ hy�hc Security Inx�rument ure p:�id in 1'ull.
<br /> ,;"�'��'• '• 1. CRUSS-DFFAUI,T PRO�'ISION. Burruwer',Jrfuuh or brcuch uixler any no�e or ugrecment in which
<br /> "�':' ���•� - ''s'•`� Lcnder ha+�An intcretit.haU bu u bmarh unJcr thr Srrunty Imtrument�ixi l.rnJer muy invoke any ot the remedies
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<br /> �' � .:.y aii;• Permilted by the S�rurity Im�rumem. ' ':
<br /> ,,�. .,, ' , BY SIGNlNCi BELOW, &�rmwer ucreptti anJ a�rc�� �o the terni� und provitiions contuined in this I-4
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