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<br /> G.A�SICNM�NT OF I.EASE:S.Upan Lende�'s request,Barrower shali as:,ign tf►i.crKler:;II le�sea ut t�hc
<br /> �'��c,c�ty c+nd tdl sccw�ity dc�sits m:S�C 1l]tGlltlCCllQfl NIIII IC'LSCS Of[IIC PI'O(1fYly, Up�m�he a4sisemnr.nt, I.erici�tr
<br /> shall l�ave tiic rigitt to modity,extend or t�erminate the existing Icases and to cxccuir uC�v lr..�,�y,�,�I�i�;..',x.:.
<br /> df:;cretion. As used in this parngraph G,the word"lease" shal!mea�n"stiblease"if the Socurity rtu�rumeni is on
<br /> n tensc�ioPcl.
<br /> H. ASSlGNN�ENT UF RENTS; APPOINTMENT QF RF.CF.YWER; L.ENUER Ilti POSS�.5SION.
<br /> {3orrower absolutcly and unconditianally assigns mtd transfers to Leuder:►ll th�rcnts and revenut:;("Rents")uf
<br /> the P[nperty, regardlcss of to whom tltc Rents of lhe Propsrcy are payablc. Eiarmwer autho�9zes I.ender or
<br /> I.ender's agents to collect dze ltents, and agrees that each tenant of the Pro�erty sLuli puy�i+c ke�xto to Lc.r�dtr�r � —
<br /> I.ender's ngents. However,Barrower shall reccive the Rents until(i)I.ender I�as given Iiorrower naice of default
<br /> pursuant to paragraph 21 of the Se�:urity Ins[rument nnd(ii)Ler►dcr has given notice ta the t►�nxnt(s)that tho R�nts.
<br /> nre to be paid to Lender or Lender's agrnt.This assisnment of Rents constitutes nn absolute assignaxnt anci not
<br /> un assignmcnt for additional security only.
<br /> If Lender gives notice of breach to Borrawer. (i)all Rents received by Danower sha11 be held by Borrower • :
<br />: as tcustee for the beneGt of I.ender only,to be applicd ta the sums secunxl by the Security Tnstrument;(ii)l.ender �
<br /> sh�ll be entitled to collcct mtd receive all of the Rents of the Prmperty;(iii)1Borrower agrees th�t etich tenant oP She
<br /> Property shall pay all Rcnts due and unpaid to Lendcr or L.endcr's a�en2s 1�pon Lender's�vrittcn den�anci ta the
<br /> tcnant;(iv)unless appiic��ble law provides othenvise, all Rents collected by Lender or Lcndcr's 1�'�,'i1I5 SI78II f1C
<br /> applied Gr:�t to the costs of taking cantrol of and mauaging the Property and collecting the R�nts>including, but
<br /> not limited to, attomeys' fees, receiver's fecs, premiums on receiver's bonds, repair and m�intenancc costs.
<br /> insurance premiums,taxes, assessments and otlier charges on the Property, and then to d�e sums secused by the . -
<br /> Security Instrumenr,(v)I.ender,L.ender's agents or any judicially appointed receiver shnU be liable tc�.account for
<br /> only tl�ose Rents actually received; and (vi) Lender shall be entitled to hlve a rrceiver appointe�i to take
<br /> possessiun of and managc thc Property aod collect thc Rents and profits derived from the Property tvithout utiy
<br /> showing as to the inadeguacy of the Property as security. '
<br /> Tf t8e Rents of the Aroperty are not sufficient to cover the costs of taking conuol of nnd ���m;►ging the
<br /> Property and of collecting the Rents any funds expended by Lender for such pur�wses shall becnme�ncteUteaness
<br /> of fiorrowcr to Lender secured by the Security Instrument pursuant to Uniform Govenant 7.
<br /> Barmwcr represents and�vlrrants that Borro�ver has not executed any prior assignment of the Rents fuid has
<br /> not and will nut perform any uct s;hat would prevc�t Lcnder from exercising its rights under this paragraph.
<br /> Lendcr, or L.cnder's agents er a judicially nppointed receivcr, shall not bc requireci to enter upon, take
<br /> control of or maintuin thc Propeny beforc:or nfter giviog notice of default!o Borrowcr. Howevcr, l.ender, or
<br /> Lender's�gents or a judicially appointecl receiver, may do so at any time when a detault cecurs. Any application
<br /> of Rents shall not cure ar waiv�any default or invalidate any othcr right or remcxiy of L.cnder.This assignment of i
<br /> Rents uf the Property shall terminate when ull the sums secured by the Security Instrument are paid in full. --
<br /> I.CROSS-DEFAULT PROVISION. Bonower's default ur breacii under any note or agrc:ement in which
<br /> l.ender has an interest shall bc a breach under the Security Instniment ar�d i.cnder may invoke any of the remedies -
<br /> permitted by the Security Instrument. -
<br /> BY SIGNTNG BELOW, BoROwer accepts und agrees to t:ie terms and provisions wntained in this t-4 R
<br />
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