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<br /> C.A�[(iNMEN7'O�I.IsA.Si�S. Upun l.cikkr'M reyuat.&�m�wcr�fu�ll s�.d�n tu l.endcr a!1 le�er ot'the
<br /> Propeny arnf�li rcx,tirity �kp�witx mwle in cumuxtii►n with le�cer uf dk Nmpeny.U�x�n thc�uri�nnxnt,l.c��r
<br /> — rhdl have the riYht tu m��dily,extend or terminwe the oxisting le�rcw Knd to earc;ulc txw learer.In I..eixler'► r�►ic
<br /> - ---- --Y- dlscrctiun.As usecl in this p;uu�;raph 0.thc ward'•Iease" .rhall mcan "yuhleawe" li the Sa.�urlty In�runwnt ir un __.
<br /> a la�ehold.
<br /> H. ASSIGNM�NT Uk it�:N1'S; A!'1'OINTM�N7' �F R�(;EIV�:R= L�NDER 1N PO.tiS�SS10N.
<br /> Horrower absolutely anJ unconditiurwlly xc�igm a�xi transtcrs to L,ender atl the rentx �r�l rcvcnuex("Rents")of
<br /> thc Property, reganiless of to whom the Rents of thc Property arc p�tyablc. Horrower uuttwrluti l.cnder or
<br /> Lendcr's agents to collect the Rents,and agrees thut each tenAnt of thc Pn�perty shall pay the Rcnts to Lendcr ur
<br /> Lender's agents. Howevcr.Borrower shell receive the Rents untit(i)Lender tui.r givcn Borrowcr noticc��f default
<br /> pursuant to parugraph 21 af thc Security Instrumcnt und tii)Lender has given nuticcco thc tenynt(s)that the Rent+;
<br /> are to be paid to L.endcr or I.cnder's a�ent. This essignment of Rents constitutes an ubsolute assignment And not
<br /> an assignmenc fo�additiorwl security only.
<br /> If L,ender gives notice of brrach to Borrower: (i)all Rents received by Borrawer shall be held by Borcower
<br /> as trustcP for thc benefit a!I.ender anly,to be applicd to the sums secured by the Sccurity lnstrument;(ii)Lencler
<br /> slwll be entitlod to collect unei receive all of the Rents af the Property:tiii)Borrower asrees thAt es►ch tenant of the
<br /> Property shaii pay ail Rents Juc anct unpuiJ tu Ixnde�•ur I.ender's agents upon Lcnder's written demand tu the --
<br />`,,� tenant;(iv)unless applicable law provides otherwise, all Rentr cullectcd by L.ender or:.endcr's agents shull be
<br /> appli�tirst to the costs of taking control of•rnd managing thc Praperty and coltecting the Rents, includins, but
<br />_ not limited to, Attorneys' feex, receiver's fees, premiums on receiver's bonds, repair und muintenance costs,
<br /> - insurance premiums,taxes, as�essment�and athcr churges on the Property, and then to the sums scrur�:d by the �
<br /> i' Saurity Instrument;(v)L,cnder. Lendcr'�agentti or any judiciully appninted receivcr shul!be liable to urraunt for --
<br /> .i ,� anly those Rents uctually received; �nd (vi) L,ender shull he entided to huve u receiver appuinted to tuke
<br /> posses�ion of and rnanu�e the Property and collect thc Rents und profits derived t�o�n the Property without any
<br /> :�; ahowing us to thc inadcquucy of thc Property us sccurity.
<br /> If the Rents of the Praperty ure not ,uf�cient to cover the cost+of taking control of und managin� the _
<br /> Property und of coUecting the Rents any I'unds expended by Lender for such purpnxes shult became iadebtedne.r•z
<br /> — - - �,,,.:•; of i3orrawcr tu Lcnd�r�ccurcd hy thr Srcur3ty l:tstrumcnt pursuan!to 11nift�rm C�ven�:et 7 _
<br /> � ., -•�;;��,:.;,; &irrowcr rcpreunts und wun•unts that Bnrrowcr lius �nt executed any priar a�si�nmcnt of the Renn and hus
<br /> 'Q"�'�°'"'" not und will nut�xrform any uct that wuuld prevent L.ender from exercising its ribhls urxicr this paragruph. __,
<br /> t�ati�:: .� _.
<br /> �� .;,.�-.�:,,.: ., I.endcr, or LenJer', ugentr or u judiciuily up{xiinted receivcr, shuli �xn tx rcyuired to enter upnn, tuke
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<br /> c;,r�,.n:,�; = ;F: contr�d of��r muintain thc Pruperty hefitte or aftcr giving noticc oi'Jefault to &�rrowcr. Howcvrr, l.�:n�ler,or •
<br /> � ,�. Lendcr's ugcnts ur a judicially upp��intrJ rercivcr, may du.o at any tinm whcn a Jcfuult�xcurti. Any aS�plicution
<br /> :�: �C.:=:.
<br /> ,};„,' .,��'' of Rents tihall not�urc ur waivc uny drfault ur invulidutc any uthcr right or rcmevy nt' IanJcr.Thix us�i�nment of
<br /> "��,"�':•'•�.u��.•` , Rents of thc Pru�x��ty,hull tcrminatr when aU thc tium.tirrured hy thc Scrurity In.trumcnt ure paid in full.
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<br />• ,�,�,y.,, �,�+ . L CRUSS-UF.FAUI.T PROVItiION. Hirrraw•�r'�Jr1uuR ur hrcach u�xlcr �ny n��tr ur agrcrment in which
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<br /> �,r�a;.,4.�.•�� � .. ... 1.cnJcr hu+an intcrc�t tiliall bc a hrcadi widrr Ihc Serurity ln+irumcnt und L�t�Jcr muy invukr uny uf thc rcmcdicti
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<br /> • permiucJ by thc Srcurity In.u•umcnt.
<br /> — . BY SIGNING BEI.UW. &�rr<iwrr urrept, attd u�!rce� tu Ihe tcrut� and provi�tun� conW'tncd in thiti I-4 �'�.
<br /> • Fumily Ridcr. ..;
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<br /> . . . � �• �X"� �G-i��'� l�'r� �Sral1 IScal) _...
<br /> VICENTE T VALADEZ Is��rn�u.•� •It��rr�+wcr —
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<br /> . Iiun'uarr H��i raxcr
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<br /> ► Form 3770 3/83 �
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