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<br /> ::,'r:r ,,...:�,;.• G, A,4Sl(;NM11�,NT(DH LI:ASk S. Upon Lcndcr's rcqucst,k3��rrcnvcr shull i�ssign to Lcndcr all Icascs ot the —
<br />=��`eiF,.iN�.��3t�:°A,� Propcny s�nd adl sccuriry depasits madc in r�mncctio» with Ic:�scs of thc Property. Upon thc assignmciit, l.cndcr —
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<br /> -�.rs,�.,'a"•"?�; •�� shull have tlic right to ntodify,extcnd nr terminatc the cxis�in�Icascs .md to exccute ncw Ieases, in I.ender's sole --
<br /> t�>^'-• •��►��%�; discrctiun. As usai in this paragraph G, thc worJ "Icasc" shall mcan "sublca�c" if Ihe Sccurity Instrumcnt is on '�-�-
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<br /> �"'`Y '� } �} H. ASSICNMI:N'f OF R�NTS; AY'POINTMENT OF RECIs1VE R; GCNIDER I�I POSSESSiON.
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<br /> ,;t_:4:,:r:.x,,,�,:;;° Barrmvcr absofutcty und uncondition:dly assigns and tmnsfcrs to Lendcr all thc rcnts anA rcvcnucs("Rcnts")of
<br />'����-;:..;:_.:�e.;,;.. thc Praperiy, rcgardless of to whom the Rents of the Pmpeny ure payablc. Rorrowcr authorizcs I.ender or _..___
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<br /> .�. • . , ,. l.ender's ugeins ro collcrt the Rents, and agrees that each tenant of d�e Property shall pay the Rents to I.ender ar =
<br /> "-�!`=�� ` '�� l.cnder's.igcnts. Howcver,Borrower shall receive the Rents until(i)Lender has given Borro�vcr notice of default
<br /> �z�����;�;;�'� pursunnt ta paragraph 21 of ihc Securiry Instrument and(ii)I.endcr h�5 given noticc to the tenanx(s)thAt thc Rents �
<br /> --; -;;-k;.;°;'-• arc to be paid to I.i:ndcr or i.endcr's agcnt. This assigr of Rcnts conscitutcs an ubsolutc assignment and not =•==-
<br /> :��•� �.t<,•;. an assignment f'nr additional security only. ����` �
<br /> ��"�''"'�'��` �� If Lcnder gives notice �fbrcarh to Borro�ver: (i) all Rents rcceivcd by Borrowcr shall be held by Borrower � �
<br /> ��__:,�,�/•- as trustee for the benefit of Lender only, to bc applied to the sums secured by the Securiry Instrumcnt;(ii)Lender �,-=-=�
<br /> "�`°a�"�� shall bc cntidcd ta rollect and rercive all of the Rents of the Property: (iii)Borrower agrees that each tenant af thc =-,
<br /> � Property shall p�y all Rcnts duc and unpaid to Lender or Lender's aDcnts upon Lcnder's written demand to the �,,;;=�
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<br /> ,, tcnant; (iv) unlcss applicable law pr<yvidi:s otherwise, all Rents rnllected by L.cndcr�r Lendcr's agents shaU be
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<br />�-��='+��z���;�.� upplicd first ta the cost� �(taking control of und man�ging the Propeny and collecting the Rents, including, but
<br /> ,•-,�.�. not limited to, attorncys' fces, rcceivcr's fccs, premiums on reccivci s bonds, rcpair and mainten;�nce costs, � -
<br /> '�'� �� �� • _ insurance premiums, taxes, assessments and o[her charge, on the Property, and then to the cums secu�ed by the •=�;'
<br /> . "`� Securiry Instrument; (v!Lender, Lender's agents or any judicially appointed receiver shall be liable to account far °
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<br />',;rti:. .::;,;-.. vu�y i���r,c �cnts uCiuu��y ii;uci'vcu. aiu i'vii ►-ci�wc� �uun vc ciiiii�cu iu iiavc a �cccivct uppuiu[cu io iaice
<br /> � • • .. �ossession of and managc the Property and collect the Rcnts and profits derivcd from the Propeny without any
<br /> � . ' shuwing as to thc inadequacy o(thc Property as s�curity.
<br /> r����' . If the Rents of the Property are not sufficient to cover the cos�s uf taking control of and managing the '�j;
<br /> , Property and of caUecting the Rents any funds expended by Cw:nder for such purposes shall become indebtedness "
<br />.-,�.. .�.,, ..�: of Borrower to L.ender secur�l by the Security Instrument pursuant to Uniforni Covenant 7. �
<br /> ��:��.•�� ''"�� � Borrower re resents and�varrants that Borro�vcr has not executcd an nor assi nmcnt of the Rcnts and has
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<br />��,�;,;'iti�''"„ not and will not perform any act that would prcvent l.enJcr fmm exercising its rights under this paragraph. �
<br /> _--_ � C.ender, or Lender's agents or a judicially appointed receiver. tihall not be required to cnter upon, take �
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<br /> .,-+••:w-• control of or�naintain the Property beforc or after givin� notice of default to Borrower. However, LcnAcr, or
<br /> ' ��� ` Lender's agenis or a judicially appuinted receiver, msy do so�t any ti me when�i def'ault occurs. Any:�pplication
<br /> _ •,,la.,. .
<br />-_--°=•�:+a�•:•- of Rents shall not cure or waive any default or invalidate any athcr right or rcmaiy of Lender.This assignmcnt of •
<br /> v� "�°�`F�''`�`' " Rents of the Pro ert shall temiinatc when all thc sums securcd by the Serurit Instrument arc aid in fulL `
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<br /> -__���,ti ., I.CRiDSS-DEFAULT PROVISION. Borco�vcr's default ur breach under any note or agreement in which I
<br /> , '� Lender has an intcrest shall be a brcach undcr thc Sccurity Instrumcnt und Lcndcr muy invokc any of tlie remedicw I •
<br />-• - ` ' permittcd by thc Security Instrument. j
<br /> ` ' BY SIGNING BELOW, Borrower accepts and agree� to the icnn.r- and provi�ions rontaincd in this I-4 I
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