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<br /> �_ G.AS3IGNMENT OF Y.FASE�. ZJyon I.cndcr's requcst,Oarrowcr sh�sll tsssign to I.cndcr all laascs of tho i
<br /> �'�;;�,�,:w• Property and utl sxurity deposits moda in cannecdon wlth leASes of the Property. Upon tha Rs.slgnment,Lender
<br /> , •,. -�.: �� • stutll have the right to ms�dffy.extcnd or tcrminate thc existing lcdscs and to cxccuW now leasc.9,in l.endcr's solo
<br /> ' discredon.As used In Ihis paratgraph(3,the word "lcasc" shull me��tn"sublcasc" if tha Sccudty Instrumnnt l.s on a
<br /> lca5;.hold. ��
<br /> H. ASSiGNMENT OF R�N'I'�; APPOINTMENT Ol� RECEIVERt LENDER IN POSSESSiON. f� ' � °
<br /> Horrower absolut�ly and uncondI6onally asslgns and transfcrs to Le:nder till the rents t�nd revenuas("Rentn")of r.ho 4; ':�:�<<'
<br /> Property, regudlcss of to whom thc Rcnts of the Property are payablc. Horrowcr uuthorizes Lender or I.endur's �� � �
<br /> �- agents to coIIect the Renis,end agrees Uiat each tenent of the Properry shull pAy thn Ren�g to Lender or Lendar's � � � �'�
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<br />_� �. s�gents.Hawever,Borrowet shs�q receive the Rents untll(i)I.�nder has given Barrower nodca of defttult pursuflnt ta , , � �w��'����
<br />�• , paragraph 21 of the Security Inswment and(u)Lender hav given notice to the tennnt(s) that the RentD are to Ix� <.tj;�•.,�°��-`"
<br /> • � aid W I ender or Lendcr's agen� 'Ihis assi nment of Rentv consatutes an ubsoluw assi nment and not an � ;'."�,; '�,:�"'_��_``
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<br /> � ossignmcat For ndditional security only. . "�'.."- -
<br />_ ' If Lcndcr ives natice of bmach uo Dorcower: (i)pll Rents received b Boaower shup txi hald U Honowcr rLS �� �• °`:`:;�-r� +�?°"`$'
<br />_ . 8 Y Y :� ', ,t���,tiv�'
<br /> • .�S trustee for tha benefit of Lender only.m be applicd to ttt�sums sccured by the Security Instrument;(li)L.endor shall ��; '
<br /> �'•�� be entided to collect an�receive all of the Rents of ehe Pro gr '
<br /> � j, �� pertY; (ui) Borrower n ces thut each tenunt of t��e I ,�:t ' --_�
<br /> '��'?'��'� :,;;�I Proputy slxall puy a21 Renv due and unpaid to Lendcs•or Len�Dcr's agentv upon Le�ulcr's wricecn demand to cho : .-';f;!�s.;;::."- —
<br /> ��'F�� tcnant; (iv) n�nlrss applicabla lavr provides othcrwise, all Rentn collected by Lcnder or L.endnr's agr,nts shall be �� ':`��n�-=---
<br /> :�?� �.��-6[a��:.-,_
<br /> :.� appliect frrst 10 the costs of teking control of nnd managing the Properry and collecung the RentA,inr.luding,but not ;;,�-
<br /> "��� limited to,attome s' fecs.aceiver's fees.prtmiu�s on receiver's bonds,rc azr and mnintenance cnsts.insurance �2s'i z/�
<br /> Y P � '_,,�#;l,E.}t�i�:,:
<br /> :,� premiums, taxrs,aysessmcnts and other charges on[lie Property, sind then to tho sums socured by tho Sec:urEy � ;t �� :;
<br /> Instrunacnt;(v)Lender.Lender's ngcnts ox nny Judici�dy appo3nted rexciver shall bc linble to nccount for only these •
<br /> ' , �� ' Rents actua�y rr,cetved; anA(vl)Lender shaU be enatled to have a receiver appointed w tnY.e p�ssession crg�nnd .. . i . ;:
<br /> mauago the Property and collect dte Reicts tind profits derived from the Praperty withat�t any sl�owing t�s to R.fic 4;
<br /> ,� . inadequucy of she Property av security.
<br /> If the Rents of the Property nre not sufficient to cover Ihe costs of tukina contrml of nnd mttnnginB thn �.;;
<br /> Property and of collccting the Rentv eny funds eapendctl by Lender for such purpasas shnll becoma indebtodncus of °�
<br /> - Homnwer ta L,ender sccured by the Security Inswmcnt pursunnt to Uniform Covcnant 7. ��;
<br /> . . .. Bacrowcr rcpresen�s and wa�nu�ts thut Borrower has not exccuted nny prior asslgnmcnt of th�s Rents end hs�
<br /> n.ot end will not perfonn any ect Ihat would prevent Lcnder from exercising its aghts undcr this paragraph.
<br /> � • I.endu.or L,erider's egarts or a judicially appoinccci rcceivcr,shall not be ccquircd to cntcr upon,takc control ' �� `�
<br /> of or maintain the F'roperty beforo or nfter giving notico of default to Hoaowcr.Howcvcr,Lcndcr,or Lcnder's "'}`�'�
<br /> egents or a judicL3lly appointed ceceivec,may do so at any wne when a default occurs.My oppIIcudon of Re�ets � '���"��
<br /> y y g y gnment of Rents of ';"'"�"`
<br /> s��all not curc or waive ttn default or inva�lidatc an oti�er ri ht or remed of Lender.'Ihis assi „ .i5.. _ �
<br /> " the Propettyr shall tcmiinatc wtten oll thc sums sc�:ured by the Sccurity Instrumcnt tue paid in full. , '�'""°'
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<br /> � � �• I.CROSS-DEFAUI.TPROVISION. Borrower's default or breach undcr eny note or agzrcmant in • •;�•Y��.��;;
<br /> which Le�►der tias nn interest shall be a breACh under the Security Insue►ment nnd Lendrx may invoke any o�'the . •����'�ary
<br />_ • remedies pern�ittcd by the Sccurity Insttwnen� : 7, `� ,..
<br /> � BY SIGNIIVG BELOW,Borrower ac�epts and agmAS to die tenns and provisions contuined in this 1-4 F�mily ��
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<br /> -Borco�var -Dorrowcr
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<br /> �•67 fo�sq Pa9•"o�� y Form�170 3f99 �
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