_ 4,� _�_._ _
<br /> � �-- --�____---.=� .. .... -- �- � —:,y L--
<br /> . ... .__.-,___
<br /> 94� ��/iV`� .. ,.
<br /> G.A551GNML�NT OF I.�Ab�.t+.Upwy I.ender's roguest, Borrower sh�ll�uiYn to Lender�II la+�a nf the
<br /> Pn�pertY�rn1 dl �xurity�iepxits mde in connection with leues oi'the Propeny. Upon the au�i��unent. L.ender
<br /> rFwll twve thr ri�ht to t�xxlify.Cxtead or tennin�tc the existin�le�es�nd to exocutc new lea�a, in L.ender's wle
<br /> di�crotiwi. �4 wod in this per�rnph O.tha word••la�e•,ilyll mean'•wablwe"If the Security Inwmatt i�on
<br /> _� --�- a lcssctwld.
<br /> H. ASSIGNMFNT QF 1t�N'i'S; APPOINTMENT OF RF.CEIYL+itt L�NDER IN P06.4E5�IOI�1•
<br /> Born►wer Absalutoly wxi unccWxiidorwlty asci��u�nd trunsfr�s w I,�nder dl thc rcnt�and rovenues("Rcnts")of
<br /> the Propeny. rc�ardleu of tc� wiwm thc Rents c�f the Propc�ty �rc �wy�blc. 8nrmwer �uthorlus Lendcr or
<br /> [,enciscr'x agenl�to cullat thc Rents.arx!uQnYS thut�ch tcns�nt of thc Property stwll puy the Rcntx w Lender or
<br /> Lendcr's a�ents. However. Born�wer�iwll rocefve the Rcnts until(i) l.ender hw given Honower notice of defiult
<br /> purauunt ti�purnscuph_'t uf'thc 5cruriry Instrunxnt�n�i lii)I.ender hax�iven n�uice to the tcnant(x)that the it�nts
<br /> ue to be p�id to l.endcr or Lc�xlcr'e agent. This�wiynment of R¢ntr cautiwtrs an absolute assiQnn�nc and not
<br /> �n assignment fnr�dditiorwl6ccurity onl�•.
<br /> If Lender give�natice of brea�:h to linrrc�wer: li)s�ll Rents rcceived by Bnrruwer stwll be held by Harmwer
<br /> su trustcc for the bcnefit of Lcncicr unly,to hc�ppli�to the wms secured by thc Security Instromcnt:(ii)L.endcr
<br /> stull bc�ntitlod t�i collect and rc�riv�all of the Rents uf the Propcny;(iii)Borrower agre�ttwt rxh tciwnt af the
<br /> Propeny xhall puy xll Rentti duc arxi unpaid to Lcnder ar L.ender's s�gcots up�n I.ecdcr's writt�n dcmand to the
<br /> �; -- tenanr, liv) unless applicaMe iuw provjd�a�N1�rrwi,r. :�II Rentr coii�xted by L.�nder or i.ender's agents sh�H bc
<br /> s�ppliai firct to ti�e ru�t.r uf tu{cing runtrut of uixl nwnaging the Property u�ui colixting the Rentc. inctuding,but
<br /> -- not limitai to, uttorney�' fecx, r�cive�� fee�. premiums on receiver's Fwnds, repair unci maintenance costs,
<br /> insurAnce prcmiums, taxc..�..�w.nknt,anJ uther ch•rrgcs on the Property, �uxi then to the sums sc�urod by the
<br /> � Security In,tronxnt;1v1 Lct�ler.Lcrnkr'�agents ur any judirially apFxiintud raeiver shall be li�le to uccount for
<br /> ` only those Rentr uctually ncciv��i; u�xl tvi) l.c�xler tihall lx cntiticd to havc a receivcr �ppointal to mke
<br /> � posxssinn of uiid nwnuge Ihe Pro�xny arxi collect the Rents and prafits deriwxi fmm the Pr�rty without any
<br /> .. stiowing uti to the in:wlcyuary of thc Pru�xrty a„crurity.
<br /> [f thc Rent.�it'tik Pn��xrty are M►t �ufficient tu cover the co+t+ ut'teking contml of und msuwging the
<br /> j, Property arxl of ri�llcrting thc Rent�any 1'unds exper�i��d by Lencicr !'or surh purpi►scs xh�ll Mxame irxlcbtedness
<br /> „-_
<br /> of Borrower to Le►uier kcurcd by the S�wuriry Intitrument punu:�nt to Uniform Covenant 7.
<br /> - �, i3cirnisrcr rc�src�cntr acui u•arra�t.sbat &imiu•rr hs;nc:t cxsYUt�xi any prinr s:>:ibnment uf thr Rents and has
<br /> ��++? not and will�wt pertiimi uny art thut w•�wld prcvent IArxlcr f�om excrri.ring ia righ�s under this paragraph.
<br /> �' �''r"''�`""�"'` l.ender, or l.crxler'� a ent+or a udiriall a imtcd rcrciver, shall not bc re uircd to enter u m, take
<br /> .�,. •..,.,. F J Y Pp�� 9 P�
<br /> :'�+'��••''"...r_
<br /> ,1' ;.�.r r•:.v,,. ., rontn�i of or nwint�in thr Propcny hcti�rr or aRer givin� n�Nicc of Jcfault tu &►rrowcr. Howevcr. L.cnder, or
<br /> . ^`. '�: r �` . L.cndcr s aFcnt��x a juJicially apEx�int��l r��rivc�. may d����at any timc whcn a default cxcun. Any applic•rtion
<br /> ���•�i'�' x �� uf Rcntti shall not cum or waiv�an Jrf•rult or invalidatr an othcr ri�ht or rcm�d ��f L.ender.This ar,i�nment of
<br /> ,..,:.. _.: Y Y � Y b
<br /> ��!'��:=`"��' � Rent+of thr Propen}•�h�ll tcnnin:nc when ali thr�um�.ecured by thr Serurity Imtrunknt are p•riJ in full.
<br />_ �rs¢;�„����'�{� .:+� , I.CROSS-DEFAUI.T PROYItiION. Iiurr�►wcr'.Jcfuult or brcach undcr•rny ru►tc ar agrrcnknt in which
<br />,_ L.endcr hati an intcrest�hull hc a hrcach undcr the Security Imtrunxnt a�xl L..enJer may invokc any uf thc remaiies
<br /> ,�� ��� rmittcJ b th�Sccurit in�trumcnt.
<br /> •;�:�.,�.: . tk y� s.
<br /> `' ` : BY SIGNIN OW. &,rruwrr acrept. • _grer,to thr tcrm. •rixi pn�v���ilOti COIII:ltOCtl in thi� I-4
<br /> . �:a�
<br /> � ��•+rw:•..:�1... Ftlllll��+��'"�{
<br />..' �'���, •-.:V�r . _ // / —
<br /> : ' � /�/
<br />. �71'Mb1'�'- .1'� � � �
<br /> .:,�.,��:-�,.d . C �s��i► �s�:►i►
<br /> . . TODD D QALLION �It��rn�x.r •&�rn�wcr
<br /> -,.; '
<br /> ..��. .
<br /> �Scal� t Srul►
<br /> ' 1'rxv.•„� . �14nruwrr �&arowcr
<br /> .�i:�, "
<br /> . K
<br /> . �
<br /> •�n•_e:-
<br /> i
<br /> . ,', • Form 3170 3l93
<br /> � z: � .
<br /> �' - ,.
<br />_ . t.'�
<br /> •��'
<br /> . :x:
<br />,. �. y +�,����
<br /> .-1`.. �r7. .�. .. ..� '•�'�?�a�Y1R.���...-..F ... . . . .Y. _. .... . . . . ....n.�..i...�,.av�....,.��w... . �T . . . ... . _ -.. . . . t.... .�..�...�.._..-.
<br /> _ ` A - •�... • . . . - .
<br />. . .. . .J.'. . ,1i ". . ' . ..
<br /> - _ J . i .tia�:a:'1. i'a
<br /> � ... :�
<br /> , ...
<br /> . -' ,. ...., ,.
<br /> - _.. .. . .- - -.... . .� . " -•' " �.!�li ` _ . ._ . _ _ .. .
<br /> , .I1� �e�n�,c..r.:.�x:r.r...� —__—" .._. . _. . ... . . - � . � ._ .__._c.-._..._ .._ -_ �_.r '_ .c=-._=. ..
<br /> 1 . .
<br /> � ,
<br /> . '.
<br /> �i�� .� �
<br /> — ,.� . , . .,
<br /> --' e.. . .T�. ,.,, . . .. � ;• ..
<br /> � � . .
<br />.. . !�s' y ' . - . �.;:;it 1 ,'s7�%�i,; .
<br /> ._.. . , ., ..�. •-. '. ":!„�F ;_,, ' ''t•`!' �
<br /> .
<br /> • �..
<br />
|