|
`.�v �r St`„ .t _.e. _ _ .a-� _ _ �� .��� `-�..`3��.T . .4_ ._'..�. _ � - __—
<br /> �I1WM."P-` _ —"_—_— ._—_
<br /> - _y_c�,�n��_-oauc--_—_---_
<br /> .__ ___ -_- .__-__-___ - � ---
<br /> --- -- — � '=�`�r�' ���-An` – -- — ---
<br /> -- - -- -��,....��,-�, ����'t.�-e1.M�_�--�_-:_ � ��ri �,�—
<br /> � �iNl'�.fl�+F•s T�\ -. .__ _ .0 ." _
<br /> ..�.. w-..w.��.�.-. 3i�s.wY'9LS.Z`L`y.�'I;_�? 'u .'tt�e� �",�. ��Y - f.._�� tr �� _ _
<br /> 5'i y, �
<br /> � � F �,� y.��, �;-z�^ � –Y. �+ � � a� ,.�,.r --
<br /> � _�r ��s-�`---^'�-�----_�,-�,r��'��{�F .� cYZ�.�. J �r Y� a ���C` 'E:4,'�.��L t,i lE,.�.ls°� _ --
<br /> 7�.a��� �.��f;�i �.. � sT i- � . � ; . .x' '�C`e _ _' . __
<br /> a"°�0 g��Z ��`f'}`F`-�`'_-:�} -f �` -� ...ti -� C" .�t��'4<,c� .�-f;,_ a� •r�.Y�x��__—
<br /> — �.�-�,.;�aa_. �_�°+'. - - •c ;,.Y.•� : 'i: .:z}'Ssiss.�r� o_.- _ s' -
<br /> — _— --6tcsa:�i.�.�'.��,r.�r;:i.�s - - '?`- — -- , -.`- .
<br /> � : � �. .� ,�� . �. g�_ ��oo�o . _---
<br /> ` G.A�SIG�iIti'�NT OF LEAS�S.Upan Leader's request.Bormwcr shail s�ssign to i.ender a11 teases of the �_ _
<br /> ' �property and all si�curity deposits made in wTUt�tion�vittt leases of the Prap�rtY• (Ipoa ihe assi�un�nt.1..ender -_----
<br /> shall have the right to modi4'}r.eatettd or'temsinate the existing teases and to eaecvte a�w Leases.ict l�der�s sole � __
<br /> discmxion. As nsed in this paragraph G.the word"lease"shal!taean"sublease'if the Sexurity Instrument is on =
<br /> a lea�ehoId. -
<br /> e. ASSIG1�1NiENT UF.RENTS, APF()INTN�NT OF RECEIiIEB:-LEND�A IN P�OSSESSION. ,
<br /> � Borrower absolately�and unconditinmlly assigns aud nansfeTS io Lender all the rents and nvenues("Re�ts")af -'
<br /> tite pr�perty, regazdtess of to wham t6e Reass af the Propeny are payable. Bo�rrowerthe Rents to I�e dEer or
<br /> �Lender's agents ta coltect the Retus.and ag�ees that each tenans of the Praperey Pal+ _
<br /> Lender's ageats. However.Borrower shall receive the Renu until(i)i.ender has given Barrower aorice o:F d�fault _
<br />- �rsuant to paragraph 21 of the Security Inswmertt and(ii)Lender has given notice m the teuant{s)that the Rents _--
<br /> are to be paid to Lender or Lender's agent.This assignment of Rents constitutes an absolute assignment and not __
<br /> an assigament_for additional seturity only. -
<br />_ If Lender gives notice of breach to Borrower.(i�all R�ms received by t8oh Secun Insuutnene:G7 Lender -
<br />- as trustee for ti�e 6enefit of Lender only.w be applied to the suras secured by IY . �•_�� __
<br />- s6all 6e entitted to colEeci and receive ali of the Reats of the Property;(iii)Bomnwer agrees that eazh teaant of the _
<br />_ . .. __.. _._ .--- --- ---------- �--
<br />_ properey shall pay all Reats due an�unpa�d�to Lea3e�or[:�der's��gen�-upom L-esttter's-written demand to-the. ..---- ..--.. ,;�
<br />- , tenaat:(iv)unless applicable law pmvides otherwise,all Renu colleded by Lender or L.ender s agents shall be �+._-_
<br />- , appGed first to the costs of taEcing control of and managing the Property and collecting the Rents,including,bac �_:___ _
<br />- � not[imitc�d to: attomeys' fees. recei��s fees. premiums on rerxiver's bonds. repair and maintenance costs.
<br /> ���
<br /> ' , insurance premiums.taaes.assessmen�and other charges on the Pmperiy.aad then to the sums secured by the �-�
<br />� Securiry Iustrumen��(v)l.ender,Lender's agents or any judicially appointed receiver shall 6e liable to aecount for ��._.__-
<br /> _ ' onty those Rents acxually repeived; aad (vi� Lender shall be entided to have a neceiver appointed to take ��:`�-��`
<br />° . , possession of and manage the Property and coflest the Rents and profits derived from the Properiy wittsout any �,;���•.
<br /> - shoaring as to the inadequacg of the P�percy as secvrity•
<br /> � If the Renu of the Property ar� not sufficient to cover the costs of taking control of and managing•the �..
<br /> ! Properry and of collecting the Rents any funds expended by I.ender far such putposes shall beoome indebtedness 1" :i•::
<br /> - af�orrower to L.eader seca�red by the Security Instr¢�ent pu�suant to Uniform Cavenant 7. � �;.
<br />� , Borrower represents and warrancs that Borrower fias not executed any prior assignment of the Renu au.�has �;� ; •
<br /> �,;:'•
<br />= .not and will not perform arry uct thzt�,-�:!d prevent Lerider from exercising its righu under this paragraph. ; ___
<br />-= I.ender. or L.ender's agems or a judicially appointed receiver, shall not be required so enter upon, take ,r� .o=•
<br /> " control of or maintain the Property before or after giving natice of default to Borrower. Hotivever. Lender. or s'. rw
<br />- 1.endeT s agents or a judicially appointed receiver,may do so at any time when a default occurs. Any appfira;ion �,-
<br />� ' af Rents shali not cure or waive any default or invalidate any other right or remedy of I.ender.This assigc►rawt of :� _
<br />-= Rents of the Property shall temunate�fien all the sums secured by the Securiry Instrument are paid in full. ,;:���,__°
<br /> u . I.CROSSDEFAULT PROVISION. Borrower's default or breach under any note or agreement in which ;���_.��..�..
<br />- Lender has an interest shall be a breach under t6e Security Instrument and I.ender may invoke any of ths remedies =M1� - -__
<br />-_ permitted tYy the Securin,:instrument. °=-_ �--�_
<br /> - BY SIGNING BF�..OW Bo wer accepts s.nd agrees to the terms and provisions containecl in this 1-4 �';�,3�-
<br /> � Family er. . �-'—"_-��
<br /> -:�f
<br />.� - ,-
<br /> _ ''���K�—_
<br /> (.SC�) �.5�) , �l-�L�_'.
<br /> .It;:�'.�`��R�.
<br />``� $ C •Borro�vet -Borrowct �•e.� .
<br />_.� . :
<br />� (Sea19 (Seal) :'.j-.�..,. �i
<br />.-' � SH�I -Bortowcr -Borrawer ' � ': ' _
<br /> _ Form 3170 3l93 � � • • -
<br /> - , . . ;�:.. ' _-
<br /> � � .�. ._.
<br /> __ , _
<br /> _ :�
<br /> � . �. n^�''--
<br />- - .1 � � ... t;
<br />..'� ., . - ' . . . .
<br /> . _ .,__ - .• ' • ' • . ' ' ._ - ` _ ^;'.=�,i"' ~ °_. " • . - . ' a . . �.�.
<br /> = n _ . . , . � .a i � �S:-u,�:� . . .
<br /> .�Sb. �r�,t � f.„ . , . . . . . ' .. ' .. . ' '�•1�. �tiF.l�.f'..1 . j'i'
<br /> ; - .� -�` ..�� .,:�" . _ � . .�_.; :�.i'p:.-�r-;-_'Li:. ��'� . ' . . � - .
<br /> 's�:a.1L :c. .1� J�" . . ' ' . � .� � - - {p:�fw.z �?r���,7'�'�3t `�yG.t. .. . . - ' . � .. . � • •• _
<br /> - '''i;: ,�.
<br /> �.,� . . `. � � . . 'a! I�� �,-"'.' �� A .., . .. ', ' `. .,' .
<br /> _ . . . . . . � - .�, �,� �'l,+�, �i .. ' .
<br /> ... . . , . - i. - y., .
<br /> . � .. ,��:.. . , , .. . .
<br /> .. .
<br /> -� -- -- - - -
<br /> , — . _. - — _ _ . - -- - --_ :
<br /> _
<br /> • ' . • -
<br /> � . . . ,_ . . ' � . . , .
<br /> r��
<br /> _ , , � •
<br /> . � � {
<br /> . . ' j . �`.:�,�+;�~��
<br /> 'y J
<br /> :� l' ' ' ` ' ' ' . �. . . i:' . . ,' � �..V� , � . . , .� � . ' ;�a .. � .� . ��' �_ _ � . '�, �1 ..
<br /> :�%. . . �.... .. , � . .a-.i�-ai-.�a+�w=Ea�z�. . �.. , . . � - ' . _ ._ .. . . 1.. .. ,.. �___ . �-. ..._�_�.,.___�_ _.. _ - ----... . . ��
<br />
|