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<br />_ �� 1�ry;,��. (i.ASSIGNMENT UF�.L�A6�9. Upon Lender'9 raquest,Barrowu shall assign to Lcnd�r nll leases of thc
<br />;:�V���_":. Properry and aD socudty de�wsits maQc in connecdon with Ieascs af tho Properey.Upon tt.io assignment,Lendcr „
<br />:��'��. , rh�ll fuva tha right to maditY�extend ar ta-rtdnato the exisdng Icascs��d to exccute new lcases,in Lcnder's solo
<br />����,;.. .,., .� dlx�+riion,As used in this paregca{►h tl�the wad "leaso" shail rnesn"subicasa" if thc Sccuriry Instrumcnt ia nn a
<br /> , _�c :;�:. �ehold. � .
<br />••:';.;•;::°��� �+� H, AS9I(iNMENT OF REN'1'Si AEiPOINTMFPIT OII� RECl:IVFR; 1.FND��t IN POSSFSSIOH.
<br />- � ' � � �� � Rarower�►bsoluteiy an�f uncondidonally as�ign�ond uan�fcrs u�Lcnder ai�tho renis and revenuca("Rcnts")of�hc '
<br /> � '`�� ' property. reguAks.9 ot to whom thc Rcnt�of th�:PropcnY arc PaYab�a• Donowcr suthorizcs I.cndei or I.endcr's , ;
<br />,'a-c ._,; '.�.'3,� ogent�u� colloct tho Rentsw and agrc�r,s that each tcnant of tho PropertY shall pay thc Rcnts to E.ender or Lendcr's . '.,,. „
<br /> _ �- ;" j'�';:: , agent�.Hawevu,Hocrower shull eccetve the Rents unti!(i)Lene+u has given Boaawer nodce of default pursuant to � .
<br /> ° • � � 21 uf the Secudty tnaminxnt and(lt) L,ender has given notice to the tcnant(s)thst tt�e Rents are to be T.�c,-. -
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<br />- � � �w I.asd�s os Lr_ndn,a��s agen� 'Ihis assignment of Rents constitus.s an absolute assignment and not an : <...�;n;_=_,:�.:
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<br /> - � a9sig�t for additional Racurity only. :>" � ^°,--
<br /> • '�1 � ves nodce of breach w Borrower:(i)oll Rents reccived by Bomower st�a116o held by Borrower es ' •�i�*�x-
<br /> - . . It I..endec'Ei '� �� ,�,�- �'T�-:;
<br /> wst,ee fur the benefit�f Lender only,to bo eppAed to the sums sr.cured�Y the Securlry Instrurnent;(a)Lendee shall �P"
<br /> �ii Borrowcr that exh tenant of the "�+� .����a,,
<br />�' - , be endtled w colkct and re�cive ull of the Raits of 1he PropctcY: C ) �8� :�"��=°'°=�
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<br /> property shall pay all Renta duc and unpaid to L.cndcr or Lender's ngents upon Lcnder's writun demand to the , U ,__
<br /> . � , � (�,� llcabIa law pmvides at�erwise. a!L Rents collected by Lcnder or Lender s agents stiali b� . ,���`
<br /> : ..�� tenant;(iv)unless uPP --
<br /> ���ed Eus�to the costs of talring control of and managing Uie Property an d ca l lecting t he R e n t s,f n c l u d i n g,b u t���i �' ,����,
<br /> IimiLOd to�ettamays' fees�ieceiver's fees�Premlums on receiver's bonds�repair and m�ir.ter.ancc cc�sfs,insunu�ce � .;4 _ ��
<br /> . , ,�` premiums�ta�ces.as.sessments and ot�er charges on the Fropeity. and t�en to the sums secured by the Security -;�r�t.1'-� .: ;��.
<br /> , Instrvment;(v)L�ender.L�drr's agents or eny JudiciallY aPPointed recx�iver shall Eae l�abla to ea�ount for only thuse .•:�;t��:��i•. �
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<br /> p�;.��.�t�IPrr_.ivcxL ar�l(vi)I.cnder shall be cnt�e9ed to have a receiver appainted to tatie Pos�sion of and a,:S{
<br /> ' �,' " �`' tkic Rents and rofits dzrived from t3�e t�roperry wi�houi aay��wwwg as ic sl:a �'�
<br /> ,;,� ��go �pmperty and coUect P
<br /> inaddqoacy of the Pcoperty as security.
<br /> �• If zhe Rents of tEx�Pcoperty are not sufficient to cover the costs of taking conirol of oad managing t�e
<br /> . � t `'�. pmpe�ty and of c�llectir..�t}�2 Rents enY funds expendai by I.ender for such purpc��scs shall bocome indcbtedness of
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<br /> gorrower to T,endcr socurad by ihc Security Instrumcnt yursuant W Uniform C nQC�a�.signment�f the ltents and 4►as 'b `
<br /> �`��'��`',�'�^;,�rt Bonowcr represents end wocrants that Borrower has not exccuted any p .
<br /> ,.`��'•;�,.`. " not and will nat pedorm nny act tfiat wauld prevent Lender from eacercising irs rights under this paragreph• r
<br />_;, '.... ' ;�.,;;;;+,.�;�.' Lender.or I..cnder's a�ents or A judiciallY flPPointed receiver.shall not be reqnired w enter upon,talce contml '-
<br /> ±'•'�:,-� • ' of ar mainuun 1he Proper�.y before or after giving nodce of default u�Boirowcr.I-flowever, Lcnder, or Lender's �
<br /> • '�� � � inted receiver�may do so at any time when a dcfault accw�s.Any appliqtion of Reats •�� ,
<br /> . �,�.. agents or a Judlcially apFo , ,,,�,�.—
<br />�--« ` ` stiall not cune or wuive any default or invelidate any othcr right or rcmedy of Lcnder.This ossignn.ent of Rents of �.�����• ,.
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<br /> . .•y�,;� ' t h u p r o g e�y shal�terminate whe�i all ttie sums secured by the Security Insmiment c�re paid in tull. =�!�
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<br /> � rr E'"` ' I,CIt(D3SwDEFA�JI.T PROVISION. Bunower's default or breach undcr su►y note or agroemcn t i n �,� :�-;
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<br /> +- ��, '� • wliich I.ender has an inte*.est shall be a brexh under the Security Instrument and I..ender may invoke t�ny of the ,ti,{;_s.�'=
<br /> ','�'.•:'' �? remcfJiespermittedby t�eSecurlty Instnunent �'w``�""�-----•-"=�..'"'
<br /> '•i�''.���',:.', ��' W,Borrowcr acGepts and agrees to thc terms and provisions containcd in this 1-4 Famity ,..`:,�,+U-;------ .
<br /> � 4 BY SIL',rDiINC}BE•LO �•�f' �•
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<br /> � ' '' TACIO JACO80 .i�orrower SYLVIA PEREZ -Borcower ��,•• '
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