94100809 - Laserfiche WebLink

Browse

. � ; . ..t:,a - - . . -- —�--- •---=-1_= .'_ . . - - -'-'- . .---`c-•—�r- . -•— --_ --�---� - - --- -- � . , . . � ' _ � '�. . . . . , r . . . .. � . _ .....;. _ . � - . . � _ ; . . . . . r �.g • . - � . � � . . .. . . _ ( . .. . a . • ' . ( . , . . . _ . ' ..(L • . . .. � . . . � , . . . - 4 .Y . . . � . . . . . .; ; . 9 �� 1008p9 ` . ' . , � G.AS�GHII�N'�'1�LEA�St Upoa Leq4ler's�cquat,Borrowrr sh�!�saiEt►to I.endar al!lara of fbe .`� .. t� �Y��•��Y�m�de ia conaection wit�t lases of tGe Pnopetty. iJpai the a�d�anax„L�aider . ' shaii h�ve t6e rigM to modify extead or te�mi�te the existing leues and to exealte aw ksr�es,in�.ender's sole ' - - � - -d�ac�tioe:�Ss�sed-In tbis�(D,tbc aras�d•`lease•,sh�lt mao••subk�sd•,i$the Security�•Iamuma�t is ae� -. � . a leasehoW; . . . . ` . - H. ASSIGDib!iENT_OF xEt�iTS;.APP�fA�N�' OF RECEIVER; �sENQE� IN•�"O��I. = ; - ' Borru�absoiutely aal uneonditiompp assigns and transfers m I�e�ndtr al1 the raus md nveaues(••Rents,•)ot , tb�PeopettY. t�andiess of to who��l th� Rars of t�e Ppupatg ane gsya6le. B�rre+ve,r sud�orizs.s f.eadec o� �, Iiader's�gmts tn oolkct the Rmts.�od aEnGC thu each cemut of tl�e Pmpeaty sha�l pty the Reats to lmder or .. I.ader's age�ts.However;Borrower shali t�ve the R�nts until(i)Iuder�gjvm Bormwer notice of defiult , � ' � pursumt to p�ragraph 2I of the Secnrit�Inst�nment aod�i)I.ender has given notke to tbe ta�aot(s)tdat tbe Ra�ts . . . ue w be prid w L�ender or I.ender's ageat.Tbis assignmeat of Rents oonStitWes�n absolute assigomeat amd not , �, _ � aa assign�aeut fa addition�l sa�yriry oNy.. � . If Lender givs ao�ce Qf b�each to Borrower:(if a11 Rents reaived by Bo:rowa shaU 6e held[sy Borm�ver , � � �s tnutoe for tbe benefit of Irender aNy.to be appliod to the sums sowred by tlu Socurity Inuruma�t;(ii)I,a�der , shal!bt auitlad to oollxt Ard rooeive all of the RenEs of the Property;(iii)Bortov►�ragr�d�,c that each teaant of ttie . , . - � , . �Y�PaY all Rents duc and uapaid to Le�odef or I.ender's agents upon,l,endar's wriuen dm�vid w tbe . � te�nt;(iv)Qnless applicabte law pruvides othervvise>all Reds collect�d,by Leuder or tender's agents shall be - applied�ist w tlte costs of qiring a�vl of ancl managiag the Property a�caltecting tlle Reut3,ineluding.6ut ' <i�A�''." ' . ' nob m�ed to. auorncys fets. n�eiver's fets, preminms on ta�eiver s bands, rr.p�ir and maintenance c�osts. . � , ins�itance pnmiums,taxes.a�sessments and other charges on the Property.,and then to the sums sewrod by the . _ . � ; Socurity�ngtrumen�(v)Lender.Lend�r's agents�r any judicially appotnted receiver st�all be lia6fe to account for , • ordq those Rents �civally noeival; and�tvi) Lerder shall'be entitled to trsvs a nceivcr appointod•to take , . possession of and ra�nage the Property and collect the Rems and profits derived fram the E�e+�perty without any showing as w d�inadoquacy of the Pmperty as security. :�::'t � if the Rtats of the Property are not sufficient to caver the costs of taking conmot of and managing the . . � , Pc+nperty and of coAecting the Rents any funds expended by I.ender for svch purposes sha!!6xome inde6tedness • . � of Bnao�ver to I:endtr secviced by the Serurity Iostnenieat p�rsuant to Uniform Covenant 7. • � Hc�aiower tepressennts and warear�s that Borrower has not ex�ted any prior assignme��af the Rents ard has � ,_ not ac��'ll tat perform any act�aa-��iuld prevent Lender fr�u��ercising iu rights under t�Qaragraph, , L:eis'der, or Lender's agents�a judiciatly appointed ri�eiver. shalt not be-requirek ic�enter upo�taice • ' control af or m�intain the Property 3iefore or after giving natice of default ta Borrower.HuvJ�vev, �r:or � Lender's agents or a judicially appo�mted receiver.may do so at any time when a default obcars:Any App,�cation of Rents shall nat cure or waive za}�cSefault or invalidate any othec right or remedy of Lendez_This assignment of ltents of the Property shaU termfi�,:ahen all the sumc secure�i 6y the Securi[y Instrument are paid in full. I.CROSSDEFAULT PR0�75ION. Borrower's default ar breach under any note or agreement in which Lender has an interest sha11 be a breach under the Security InstrumenC and Lender may invoke any of the remedies . permitted by the Securin!gnstrurnent. • BY SIGNING BELOW. Bor�ower accepts and agrees to the terms aad provisions contained in this 1-4 Family R3der. Q/Z� �5�1) (Seal) _. R -eorrowcr � •Borrowcr • - • I) (Sea1) - QILY ' -8orroivcr � •Borrowcr , t _. . Fann 3170 3/9� ' _ x =�'��' ,. ;�._5� �-._:�q��° . . , • _ _ .. .