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<br />�;:<;;f:;� � ' � G.ASSIGNMENT O�F LEASES. Upon Lender's m�tv�.st,Borrowet shall assign to Lcnder a!1 le.asc;s af die � . ;K���,,y.
<br />-�;'�� . Fropetty t+nd ull securlty deposita made ln cannecda►wlEh leases of thr,Property.Upon �he assigmnent,Leru7,er � .. • :.;.:''r,,5�?�;f,�.
<br /> :,,�, shall havc tha dght w modify,cxtend or tecminata t}�e ea�sdng icases and to cxecute new lcascs,in Lender's sote �;�.°:'.'
<br />'��;,�""""'c • discrc6on. As nsed in this paragraph G,ihe word'lease" shnll mean"sublense" if the Sccurity Ins�umcnt is on a � •
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<br /> � �.��� leasehold. , '��, �
<br /> ' • H. A55IGNNiENT OF RENT3; APPOIIYTMEPIT OF RECEIVER� LENDC$ IN POSSESSION. r� ,� t't' '.'4 a '_
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<br /> . ��:`���: , Bomowe�absoiutely and unconc�s�anatly assigns and transfers w Lender aU the rents:ind revenues( Rents")of the �;,J,�.... .,:,� •
<br /> '"i°'�''" '�� nctty. regardlass of to whom tho Rents of thc Pro arc payable. Borrov�er authocizes Lendcr or I,�cndet's i •�..�;"��'�°�`:``-
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<br />��.�;,,-:::�^1:t�,.. ageats to wlloct tha Rents.and agnees that eact� tenant of the Propeity shaU pay the Rcnts w I,ender or Lcnder's =__-__--
<br /> :'�'R''•�'` ,�°"'� ents,However.Harcower shaU n;cetve the Rents until(i)Lender ha9 given Borrower noYicc of default purs�ant to o =_-
<br /> �••:;i..s,k.w 88 .—�.a...
<br /> ; ..'4 . pars��epIi 21 of tt►e Sec�,z�y �n�.zment and(ii)L��has given notice w 1he tensnt(s) 9hat the Reni.S�re t�M
<br /> L',:r .,.� pvd w Lendee or Lendei's agen� 'I1�is essigament of Rents constttutes an absolute acvignment and not aa �:- - -
<br /> r��.' `�• = a�si�nment foa eddiaonal cecurity only. ���-��---
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<br /> If Ixnder�ive,a ao8ce of breach to�a.r:rower:(i)all Rents receivr�i by Bocrower shall bc held iby Sorrower as ','•v.;�;,,---��TT—
<br />- tn�s�ca for the benafit of Lender only,to be Applied to the sums securtd tby the Security Insuvment;�i�)Lender sh�ll �.�-_._.
<br /> ,,,, .,, , be c.n6tled w coUect and rt�ive all of the Rents of the Property; (iu) Boraower agrces that eAC+�tcnant of the � � ,•�„� `
<br /> . ,. ,���:' . propaty shall pay all Rents duc and unpaid to L,ender ar Lender's agents upo�I.��rader's wriucn demand w the �-:;;.
<br /> : . ��;c;`:�` tenant;(iv)unless applic�►b➢e �aw provides otherwise.all Rents collected by Le,ncicr or Lender's agents shaU be : �,'y°.
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<br /> applied Cust tca ehe oos49 of tafdng coauol of and managing the Property and collecpng the Rer►ts,inclwiing,but not �z:a �:.�
<br /> � limiccd to,attpmeys' fees,recviver's fecs,premiums on receiver's L*onds,repair and maintenance ca4ts.insurai►ce "' _
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<br /> ' ..: prcmium5,Lvices,asscssmants and other charges on the Property. anel then w the sums secured t�y the Sec�'szy ry)r° �, ,_ .�
<br /> -": •M� 8 7 j•�:�• ��.* ° i�r •e6 1 i+a 1 n 9rv�.M n_ _ � .
<br /> ,, ,},; . ;�����:,�,�.}L,,.--���.:.,�t�.A s a^�:ts o::.r.^':.,....a.�a�,�tfnte:!�..a�.sl..._.�bl��..�_.��t�r„ntv rt�h.�.�e t r� r: s�;c, _;_ -:
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<br /> n{� Rutu�eetually ceceived;and (vi)L,endet shaU be endt]ccE to havu a recelver appainied to tatie possession of and • �
<br /> mtuiage tha Property and collact tho Rcnts and profits dedved from tho Pr�perty without any showing as to the �T
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<br /> inudcquacy of tha Pmparty as socurity. � .,
<br /> " . If the Ite��m of tha Pm�erty are nat suffictent w caver the costs of tal-ing conmol nf and mitnaging the
<br /> .,-_r _ Propaty and of collecdng ttia Ren4s any funds expendod by I,cnder for such purposes sha11 bocome indebtedness nf �;s �
<br /> -':•�•:�►.<-:.i:e'r'x.� Boaowu to L,cndcx secured by the Security Instrumcnt pursuent to Unifarm Co�enant 7. �
<br /> Borrowu rc esents and wamants that Horrowcr has not cxocutcd any pdor�ssignment of the Rents and has �'.`.
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<br />.�ars4 z .,�..:�• not and will noi perform eny act that would prevent L�ender trom�exe.ncising its rights under�his paragraph.
<br /> - �� Lender.or Lcnder's agc.�ts or a JudkiaUy c�ppoinud roccivu,shell not be required w entcr upon,telce conuol '`"''°°"�'
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<br />_ � � " of or maintatn rhe Froperty bcforc or after giving nodce of dcfault to Borrowcr.However, LcndGC,or Leadct's
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<br /> _ �:� :' ��� •': egents or o judicially appointed roceiv�,may do so at eny dmo when a defeult occure. Any eppliration of Rents �
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<br /> R,„Kr�,,;,,,� ..r . Shall not curc a waive any dcfault or invt�lidate ony other dgl�t or rtmedy of Lc;nder.'ll�is essignrttent of Rents of •
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<br /> -.,�;�;,�,,,,�,,, the Property shall te�minate w hen a l l t he sums sec u r e d by t he Security In3trumen t are pai d in fu 1 1. ,,,�'l�'�
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<br />!::' :'��'.: I.CROSS•DEFAULT PROVISION. Bonower s default or bm,�ch under any notc or agroe m e n t i n • -
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<br />�,�.:� ,;.;�"� which L.ender has an interest shall be a breach under the Seauriry Instcument and L.ender may invoke any of the ;; ,r
<br />:,—.`.. �� � mmedies permitt�ed by 1he Secwiry Instrumcn� -�`',< .
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<br /> r`` .�.�: `. . DY SIG1VIIV�BELOW.Botrower acccpts and agrees to the tesms and provisions contained tn this 1-4 Family
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<br /> _ :�_�; �•57 �oao�1 p■p.2 oi 2 Form 5170 3193
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