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<br /> G. AS.SICNI6?F.IYT 6F LEASFS. Upan I�c�xlcr's reyn�st,l3orruwcr t;hall a�sibn tv I..cnilc�uli icau:s nf tlir . �
<br /> Prcqr�rty n�id nIE ss:curity d�poyits m.i�le in cminccdan with leases of the Property. U�n Iht assignment. [.etxier
<br /> hhall have thc right to modei'y,cxtcnd ar�cnniuue�tL�c�l:,€6►g I;,::.::.s:.c:d t�cxe^t�rr,,^�y Ir��eti. in I.�iKicr's:,ule . _
<br /> discrction. As used in this pa�agraph O, the word"Icasc"rhall mean"subleatie"if'thr Sa:urity Instrument is on
<br /> a Icaschold.
<br /> H. ASSIGN�M�NT OF REN'1`5; APPOINTMEN'P UF R�C�IdER; LEIVD�R iN POS.�I�:SS10N•
<br /> k3:�rrowcr absolutcly and uncanditianally nssigns a►xi trsnsfers to I�tnd�r al!the rents aitd revenues("Rents")of
<br /> thc Praperty. rcgardlcss of to wliocr►thc Rcnts of the Property nre payable. Barrawer authori�xs Ix�xlei'or
<br /> Lender's ugents to collect the Rents, anJ ug��:es thut each tenant of the !'rogerty sh�ll pay the Rents ta i.�:r►der or _____
<br /> I..�ndcr's agents. Hatvever. 8orruwec shall reccive�lie Rents until{i)l.endcr lias give�►Iiorrower nodce t�f defau�t
<br /> pursu:uit to paragraph 21 of the Security Instrum�nt and(�i)Lender has given notice to the tennnt(s)that thc Rents
<br /> nrc to be paid to I.e�ndcr or l.cndcr's ag�ent. This nssignment of Rcnts constitutes an absolute assignment an�i �wt
<br /> an assigm�tcnt for addittuna!s�curity onVy.
<br /> If I.ender gives notice of brcach to Borrawer: (i)Qll Rents received by Dorrowcr shall be helJ by Bbrrower
<br /> as t►ustee fnr tltc benefit of Lcnder only,to be applied to the sums secured by the Security Instrutnent:(ii)L.ender
<br /> shaU be entitled to collect and receive all of the Rents af the Property;(iii)Borrower us:ce.�that carh ter«.nt ef th�
<br />- Property 41iall pay all Rcnts due nnd unpaid to Lendcr or [.ender's agents upan Lcnder's written demand to the
<br />- tenant; (iv) unless applicable law provides olhenvise, all Rents collected by I..�nder or I.ender's agents shail be
<br /> applied first to the costs of taking control of and manasing the Property and collecting tlie Rents, includins,but
<br /> not limiteci w, attorneys•' fees, receiver's fees, prerniums on receiver's lwnds, repair aad n�aintenance c�sts.
<br /> insurancc premiums,taxes,assessments and other charges on the Propeny,and then to the sums secured Isy the
<br /> Security Instmment;(v)Lender.I.ender's agents or any judicially appointed receiver shall be liable to account for _
<br /> only those Rents actually received; nnd lvi) Lender shall be entitled to have a rc:cciver appointed to take
<br /> possession of and manage the Property and collect ihe Rents and profits dcrived from�the Property without any
<br />= showinF as to the inadequacy of the Property as securiry.
<br />- If the Rcnts of thc Property arc not sufficient ro cover the costs of takins control af and managing the
<br /> Propeny and of collccting the Rents any funds expendati by i..ender iur,uci�Yu�:.s.;����:!�l::°!�'•`�^-htrtitux�
<br /> of BoROwer to Lendcr securcd by die Security Instn�mcnt pursuant to llnifo�m Covenant 7.
<br /> Borrower represents and warrants that Bonower has not executed any prior assignmcnt of tiic Rents ared has
<br />- not and will not perfarni any act that would prcvent Lender from exercising its rights undcr this puragraph.
<br />= Lender, ur Lender's agents or a jud�cially appointed receiver, shall not be required to enter upon, take
<br /> c�mtrQl of or maintain the Property beforc or after giving notice of default to Borcower. However. Lender, or
<br />- lxnder's agents ur�judicially appointed recciver, may do so at any time when a default�ccurs. Any application
<br /> of Rents shall not cure or waive any default or invalidate any other right or remedy of Lender.This lssignment of c_
<br /> - Rents of the Property shal l terminate when all the sums sec:ured by the Security Instrument are paici in full.
<br /> "" I.CIItOSS-DEFAUY,T PROVISION. Bon�wcr's default or breach under any notc or agreemcnt in which
<br /> - Lender has nn interest shall be a bre:ich under the Security Instrumen�and Lender may invoke.iny af the rcmedies _
<br />_ permitted by the Security Instrumcnt. � _
<br /> - BY SIGNING BELOW. Aorcower accepts and agrees to the tenns and provisions cont;iincd in this 1-4 F-._::
<br />-r Family Rider. E i-,:
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<br />- � (SeaU (Se.1l) ,
<br /> - P}�110�. VAN L� -earrnwcr •Borm��er
<br />� �i.1n� ��/ I.� Lbt. (Seall ._ (Scal)
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<br />' CWZNH THI SUI •Dorruwcr •e�irrowcr
<br />����1 Form 3170 3/93
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