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<br /> G. ASS(GNMENT OF LEASC�3.Upon i.ender's roquest,Borrowu shell acsiQn to Lcnder�II lo�s ot the
<br /> PtopeKy And all cxurity dcpnoits mada in connoction with Iwses of the Property. Upon the acri��N. I.cr�da'
<br /> �all have the right W modify.extend or terminate the existing leases and to exxute new Iwses.in Lender'a sola
<br /> diceredon.As uKd in this para�raph�,the word••lea�e"shdl mean"wble�se"if the Secudty lmtrwnr�K ia o0
<br /> a leuehald.
<br /> H. A95IGNMENT OF RBPiTB; APPOINTMENT OF RECEIVER; LENDER IN P06.SES5(ON. '
<br /> Borrower absolutely aM unronditionally asslgny and transfers to Lender all the re�uc ard rcvenua("Rems")oP
<br /> the Property, rcgardless of to whom the Rents of the Property are paYable. Bormwer authorizes Lender or
<br /> Lender's agents w collect the Rents, and agrees that each teoant of tha Property shall pay the Rents w I.erder or
<br /> l.ender's agents.Howcver,Rorrower shall neceive the Rents until(i)Le�der has given Borrower notia of default
<br /> pursuant to porugraph 21 uf the Soarity Instrument and(ii)l.ender has givcn notice to the tetwnt(s)thot the Rents
<br /> ore to be p�id,to Lender or L.ender's agent. Thic ossignment of Rents constitutes an absolute assignrnent�ud na
<br /> an assignment for additianal c�curity only.
<br /> If l.ender gives natice of breach ro Borrowe�: (i)all Rents received by Bamnwer shall be held by Borrower
<br /> ac trustce for the benef t of I.ender only,to be applied ta the sums securod by the Security Instrument:(ii)Lerder
<br /> : shall be entitled ta coHect and reccive all of the Rents af the Property;(iii)Bnrrower agrees that each tenant of the
<br /> „ Property shall pay all Ren�s due and unpaid to Lender or Lender's agents upon L.cnder's w�itten denwnd to the
<br /> 'r t�nqpr,(iv) unless applicable law provides othenvise. ull Rents collected by Lender or Lender's agents shal!be
<br /> � � applied first to the casts af tcilcing mntrol of end marwging the Property and collecting the Rents,includiog,Mu
<br /> not limited �o. �xtorneys' fees, receiver's fe�, premiums on receiver's bands, reepair and maintenance coats.
<br /> �^�„ insurance pnmiums,taxes,Assewaments and other charges an the Propeny,and then to the sums secured by the
<br /> y,"ti' SOCU�Iy IOSilNltlell[:(v)I.ender. [.emier'h agemx or any Judicinlly nppainted rcceiver shAli be liuble ta account for
<br /> " only Ihose Rents actuully received; wKi (vi) l.ender shall be enlitled to have a receiver appoi�tcd to take
<br /> possession af and marurge the Property 4nd collect ihe Rents and profits deriveci trom the Property wilhout aay
<br /> ��� '°` '' ciwwing us to the inudequacy of the Prapeny as securily.
<br /> � °�"y=;•'�� !f the Rents uf the Property ara not sufficient tu cover the costs af wking contral of sind manuging the
<br /> �u ,� 1?� ?'' Property and of collecting Ihe Renls any funds expended by Lender for such purposes yhall become indebtedness
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<br /> �'��• of Barmwer to l.ender securad by �he Securily Instrument pursuum to Uniforn�Covenant 7.
<br /> ��'•.` . Borrowtr irpresenrs ar� wasvans�that Bvrrowcr ha�not esreated any rr4or ncc�bnmem of the Rents atd I�s
<br /> � .• ° not and will not perform un��art thot wuuld prcvent Lcndcr fram exercising its rights under this paragreph. � •
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<br /> �' '��',t: �_-;. r�,, I.ender, o�Lender's ugents or a judicially uppainted receiver, +hall not be required �o enter upon, take
<br /> �� ° •� '�'' r 'is°�� conirol of or maintain the Propeny before ar uRer giving notic¢ uf default to Borrower. However, l.ender, ar
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<br /> � !t+.:.�."r� ' s�'�� Lender's agents o�a judicially appoin�ed raceiver, may do so ut ony time when a default occurs. Any appllra�ion
<br /> `'' `��•'• ` �'�`�� "''`� af Renls shall n�t cure or waive uny defuuU or imulidatr any other right or remedy af I.ender.7'his assignn�ent of
<br /> V ���"�res"�'��� -� Ren ts o f t he Prope r ty s ha U�ermina te w hen u l l�he�ums+ecur e x l by�hc S e curi ry I ns tru me n t e r e p a i d i n f u l l.
<br /> `� '�}""`'�'� ''• 1. CROS5-DFFAULT PROVISION. &�rrowcr'+defauU or Mreach undcr any nu�c or ugreement in which
<br /> '�''�''`�"'" J � �'''� Lender hu�s�n intcrest shull bc•r Brcach under the Securit�•Im�rument and L.ender may im•oke�ny of the remedies
<br /> ,�.at.�-,� .
<br /> , permilted by the Securiry Instrumcm. 5;��
<br /> �"'�"�` BY SIGNING BELOW. &�rrower accepts uixl agrecw to the term.r• and provisions contsiiinod in this 1-4
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