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<br /> G.ASSIGNMENT OF LBASFS. Upon Lendcr's requ�.tit,Borrowrr shnil sssign to Lendu all le�.sos uf the
<br /> . property and sil r�curitp�dcposlt�made in cbnnection wiih iws�of tho Pmperty. Upon the assignmeat,ixndcr
<br /> bhatl hnve thc dght to mu�?ify,cxtend or terminnte the existing(ea.�nnd to execuu new leases.in Lendcr's sole •
<br /> dlsct�etion. As uscd in this p�rugmph Q.the word•'taae"shati mean"auk�leasa'�If 1�i0 St�GilClsy d11SlYi1t01CRt�6 Oil
<br /> o leasehold. �
<br /> H. ASSIGNMENR OF RENTS; AAP'OIIYTMENT OF RECEIVER; LENDER AV POS.SESSION.
<br /> Ho�wer ubsolutely and uncondidonaUy assigns nnd tmnsftrs ro I.ender afl the rcnts und revenurs("Rent�")of
<br /> the Property. regnrdless of to whom the Ren�g of tde Propeny ure payuble. Bonower authorizes Lender or
<br /> Lender's agents to collect the Rents.und agrees that eneh teiwnt of the PropeRy shall puy the Rents to l,ender nr
<br /> Lendcr'g agents.However,Bonower shali receive the Rents untit(i)Lender Bus given Barrower noticc af dcfault
<br /> pursuant to parag�aph 21 of the Security Instrnment s�nd(ii)Lender has given natice to the tenant(s)that the Renc�
<br /> are to be pa[d to Lender or Lender's agent.This assignneent nf Rents constitutes an nbsolute assignm�t and not
<br /> un�.csignnxnt for additional security only.
<br /> If Lender gives nottce of breach to Barrower: (i)ull Rents received by Bornower shall be held by Borrower
<br /> us uustee for the benef t of L.ender only.to be uppl[ed to the sums secured by the SeCUrtty Instcumant;(ii)Lender
<br /> shali be endtled to collect sind teceive ull of the Rents of the Property;(iii)Borrower a�r�s that each tenant of the
<br /> Property shall pay nll Rents due nnd unp�id to Ixnder or Lender's agenu upon Lender's w�uen demand to the
<br /> tenant; (iv)unless applicable law provides otherwise,all Rents callected by I.ender or Ixnder's agents shall be
<br /> apptied first to the costs of taking rnnuol of and manegin$the Property and collcxting tMe Rents,including,but
<br /> not limited to, attomeys' fees, receiver's fees. premlums on recetver's bonds, cepair and maintenunce costs.
<br /> Insurance pnemiwns.taxes. �ssmenGS and ather char�es on the Property. and then W the sums serured by the
<br /> Security Insaument;(v)Lender,Lender's agents or any judfciaUy appointed recefver shal!be liable to account for
<br /> only those Rents actuaUy reoeived; and (vi) Lender shalt be entitlod to have n receiver appointed to take
<br /> possession of and mana�e the Property and collect the Rents and profiu derived from the Prope�ty without any
<br /> showing As to the inadeqwtcy of the Property as security.
<br /> If the Rents of the Property ore not sufficlent to mver the cosu of takin$ control af and managin�the
<br /> prnperty an�of rn1leMing the Rents uny funds expended by Lender for such purposes shall become indebtedness
<br /> of Bormwer to Lender secured by the Security Instcument pucsuant to Unifarm Covenant 7.
<br /> Borrower represents and wArrants thut Borrower has not exea:uted any prior assignment of the Rents and has
<br /> not and will nat perform any act that would prevent I.ender from exercising its rights under this paragraph.
<br /> I.ender. or Lender's agents or a judiciully appointed receiver, shal! not be required to enter ugon. take
<br /> rnntrrol of or maintain thc Property befores or after giving notice uf default to Borrawer. However. Lender, or
<br /> Lender's agents or a judiciuUy nppointed receiver, may do so at any time when a default occurs. Any applicadon
<br /> of Renu shall not cure or waive any default or invalidate any other right or remedy of Lender.This assisnment of
<br /> Rents of the Pcoperty shall ierminate when all the sums secured by the Security Instrument nre paId in full.
<br /> I.CROSS-DEFAULT PROV[SION. Borrower's default or breach under any note or ugreement in which
<br /> Lender has an interest shail be a breach unde�the Security Instrument and Lender may fnvoke any of the remodies ,i ,:>
<br /> permitted by the Security Instcument.
<br /> BY SIGNINti BSLOW, Bonower uccepts and agrees to the terms and provisions contained in this l�
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