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<br /> '93. sa�c�o�s
<br /> G. ASSYGNlNENT OF I.EAS�4.Upon l.ender'�rcquat, Born►wer�twll acriQn w Lerder all lea�es of the
<br /> Property a�xi�11�urity dcpcxita made in cunnectian with le�es of the Property. Upon the r�iYnnxnt, Lender
<br /> ahxit havc thc�ight a�modify,extend ur tertninate the cxi�tin� lesses und ro exxutc new leaxy,in Lender'�sole
<br /> discrction.As usai in thi��wrayraph a,the word'•lea+e"xh�ll mwn"sublw�e"if the Security lnartcument it on
<br /> :�-m,...-_..����..� u lea�ehold.
<br /> H. ASSIGNMENT OF RENTS; APYUIN'1'Mk;NT (yF RECEIVER; LENDER IN PO6SESSION.
<br /> Borrower nbsalutely and uncondition�tlly as.igns and tra►ufcrs to I.endar s►II the rrnt�wul rcvenues("Rents")of
<br /> the Property. rc�ardlera of tv whum the Renw af the Pmperty Arc pnyable. BoRawer euthoriza I.ender or
<br /> Lcnder's agcnts to callect the Rents.w�d agrces that e�ch tenant of the Praperty sh�ll pay the Rents to i.ender or
<br /> Lender's agents.Howcver,Bormwcr sh�U receive the Rents uneil(i)I.endcr has given Borrower noticc of defi�ult
<br /> � pursu�nt ta patagr�ph 21 of the Securiry Instcument and(ii>Ltnder has given�wtice to the tenant(s)that the Rents
<br /> xre to be paid to I.ender or l.ender's s�gent.Thia ussignment of Rents constitutes an absolutc assi�nment and not
<br /> sut assignment for additional security anly.
<br /> If I.ender gives notice of brwch to Borrower: (i) all Rents received by Barmwer shall be held by Bormwer
<br /> as trustee for the t�enefit of I.ender only,to be upplied ta the�ums secureci by the Security Instrument:(ii) Lender
<br /> _-- - - -' sha�l be entitled to mllect w�d reccive All of ihc Rents of the 1'roperty;(iii)Borrawer agrces tiwt each tenant of'thc
<br /> Propecty shall pay nll Rents duc and unpaid to Lender or I..ender's agents upon L.ender's written denwnd to thc
<br /> - --- tenant; (iv)unles.i npplicable !aw pro�•ides otherwise, ull Rents collectod by l.ender ur Lendar's agents shall be
<br /> _ — applied firct ta the costs of taking control of und managiag the Property and collecting the Rents, including,but
<br /> - �,�';� not limited to, attorneys' fer.�c, mceiver's feeti, premium� on receiver's bonds, repair and mxinten:ince caus,
<br /> - - insurance premiums, taxes,ax�essments wui other churges an the Pmpr.rty,and then to the sums secured by the
<br />- Sucurity Instcument:(v>Lender. Lender's agents or;►ny judicial ly appointed receiver shatl be liuble to account far
<br />--- - only thase Rents actually recelvcd: and (vi) Lender shuli bc: entiUai to Fwve a receiver uppointed to take
<br />�� possession of und manuge the Property und collect the Rcnts and profits derived from the Property without any
<br /> � showing as to the inadeyuacy of the Property as security.
<br /> !f the Rents of the Propeny are not sufficient to c�ver the costs of wking control af and nwnaging the
<br /> Property and of collecting the Rents any funds expended hy Ixnder far such purposes shall become indebtedneas
<br />-_-- - �f Bormwer to l.ender�ecurecl by the Security Instrument purauant to Uniti�rm Covenunt 7.
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<br />_ Borrower iepresents and warrants that Borrow�er h:u ncx executed:u�y prior assignment�>f the Rents and has
<br /> ti :;:•; not and will nat p.:rform any act thut wnuW prrvcnt Lender fmm cxercising its rights under this paragraph.
<br /> r1�'n�'�'"IC
<br /> � •'• ;��3: Lender, or l..ender's agents or a judiciully Appainted rerciver. �hall not M. rcyuired to enter upon, tuke
<br />_ , �� � t:"; cuntrol of or maintain the Property before or ufter giving notiu of defuult to Bnrrowcr. Howuver, l.ender, or
<br /> �` Lender's u ents ar u udiciull a »nted receiver, mu do su at :m timr. when a default occurs. An a I�cution
<br /> ;'� ••k'��•;�' F .� Y pP�� Y Y Y PP�
<br /> �y�,•,�r. of Rents,liull not cure ur waivc uny detuult��r invulidate any nthcr rigBt ur ruiktily��f Lcnder. This assignment uf
<br />_ ' �`�'�����; Rents of thc Propetty shall terminate whrn uU the.umx kcureJ hy the Sccurity In.trumcnt ure paid in full.
<br /> :t� " ' c•c�� L CROS5-DEFAULT PROYISIQN. &irruwer'�dctuult i�r brcach under any rwte or ugreement iu whieh
<br /> - Lender hu�an intcrc�t.hall t►�a brcarh under the Securiry Instrument and Lerxirr m•ry invc�ke any of the remediex
<br /> -�� permitteJ by t6c S��curity Instrument.
<br /> °� BY SIGNING BELOW, &irrowcr accepts �nd ugrec�s ai thc tcm�s u►xl provisiuns conwined in this 1-4
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