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<br /> :a�;' •" � G.A3SIaNMF.NT OF LEASFS. Upon Lender's request,Borrower shall essign to Lender ell lea,cs of the
<br /> ; f-�F��. Prapaty and ell sccuriry dcposits made in�onnec�on with leases of th9 Property. Lipon tha essignnient,I.ender .
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<br /> ,,��,,,,�„�.�eti. shall have thc dght tn modify,e�tend or eerminaic the cxisang le�ses and to eaccuu ncw leases,ln I.cndes's solo ; .
<br /> ,_. • dircretton.As u�ed in this puegraph 0,the worcl "ICflSC° shc�ll mes�n"sublease"if the Sec;urlty Instn�ment is on a .
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<br /> . �?•,� •.:, �� `� f10 t�1�Sag(iNMENT QF RENTS; APPOINTMCNT OF RG�EIVERi LENDER IW ��SF.gSiIOW. ., ,-
<br /> .; Ilottowtr,z�solutel end uncondid�-n�1g�assi os und trnnsfers w Lender aU the rents and revenacs("Rcnts")of the � �,• . .� � .,;�.;.
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<br /> "' ,�:•a,.... : Fa+uperty, ngardless of w whom tle�RenYS of tlnz Property ure puyable.Borrowcr authorizes Lender ar Is,rtd�a's '���vj ��w�j ', :'
<br /> "F�� _:��,'�•:�• �., age�ts m colk�ct the Rents�cu�d agrees that each e�a�ant of the Propetty slmll pay tfte Rentv w Lerider or lf�rt�'r•�'3 � y�,,�,��_Sw_u„ -
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<br /> � .�;r:�; agents.How�va.Borrowex shall rec�ive thc Rcnts until(i)Lender has glven II��aowcr nodce of defctult purstter�¢tn �i��; ,„��,��� �_.--:
<br /> '`t`.' .� . ;� paragranh 2Y of u"�e Security Instaumtent�►d(U) I.e�de�has giva�noticc to t�a Icnant(sj Ihat ths T�ent;arr;tr hv r, ,;?-��� --�-
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<br /> •,'t,�.�i �•;; 1 paid u► L.encta or Lender's agent. '!t►is assignment of Rents cons�iwtes an absatuta assignme,a�[ end naR ua �' ^ -
<br /> ' ' ' assignmentforeddldonal seeurity only. �'���`-`- -
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<br /> If Lendu gives nodce of breoch a Horrowcr:(a)all Rcnta recctved by�or�ower ahull be Geld by IIarrc�tvcr u.$ �{` ��1�'�
<br /> ,:�;��'' i wstea for the bcnefit of I.endcr only.to bc applled to the sums sect�red by Uia Su:nrity Instrument;(ii)F.�attlrx�1�aI1 �5�� �- _
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<br />- • -y'�;: . ..,; � � ea�Si�t�coL�t�n d receive a!2 o f t he Rent��f t h e P rop�a 1 y;(u i) II o m nw c r a g r e e s U t a t q c h t e�a n t e f t h e �;,�;;;�;;-�--`
<br /> `'�� ' Pmputy shal!paY all Reats due and unpaid to Lender or Lcne?�r's egents upon Leridar's wrlUen demand to Qb �---�-:_---
<br /> • ' '''•'� • twanr (iv) unkss applicablc law pa�ovides otberwise.all Renta collacted by Lendu or I.endcr's agea�ts s6all be `=��_ - _-
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<br /> . epp;lod fir�W Ihe cosls ot taking conuol of and managing the I�rope�ty and callecpng the Ru►ts.including�l�ut not �,;_.;_:-
<br /> ,�.. Ilmitad tn.ounmeys' ?�rs.receivet's focs.Premiums on rtx.eiver's bonds.repair snd maintenance costs,tnsurar�ce �-�-
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<br /> preaniums,ta�ces, asses.4ments and o�►er chacges �n the Property. and then to the surns socured by ihe SecurIty
<br />- . . Ins¢umcni;tv}i,ct�ucr�Lui�u a 8gciaLi s'ia asi.iutl3C's^�'.!y�2i�iC���t,t�lt�:l�2'L°.l���!O..�^..,.^^�,..st::fos�»!� �+� _ _
<br />- t Rents acuwlly received;and(vi)I.cnder shall be cntided to havc a receiver oppoIntod to taDco pc�ssesstion of aad
<br /> ' � •� `{ ` � marwige tha Propeicy and collect the Rcnts and�rofits derivcd fmm thc Propeny without any showing as tca che
<br /> '��'�?'� ��9�Y of the Pcopc�ty as socurity. .
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<br /> If the Rents of tha Praperty cu'e not sutfi�ient m covet the costs of t�dng control off ao� msma�rr,� ahe _
<br /> Y � ,.:. �.�,�q:.,�;� �P�'�Y und of collxting shc Rcnts�ny.�awds expended by Lea�dcr for such p�uposes shall becar.,�indebt�edness of _ _ _`
<br /> .'u�.;�,,.:�:�„ :•j. ' Bflzmwcr to Lan�+e�sccured by tho 5ecurl�ty Instrument pursuant w Unifocm Covenant 7.
<br /> .__..,.w••Y.;,.' :� Boraowa repnsents and warrants that Bois�ower hag nat eaecuted any prior essignmcnt of the Rentp and ha9
<br /> ��.�t,,;.,,. ...� ,-. not and will not ped'orm any act that woulsi pcevent T.ender from eacerc�siag its rights under lhis paragreph.
<br /> . . . '�.::•-fi� Lendes.a L.ender's a�gent�or a judicially appoinud receivcr.shall nat be required to enta upon,taka control _
<br /> ' �� of or maintain the Propaty beforo or after giving notice of default to Bocmwet Huwever,Le�►drx.ur I.enclri's
<br />�=��';�'I'4: .• •r;�;=k; :� e,gents a a judicially appoinud receivu. may do so at eny time when a default occurs.AinY spPli�ation of Rent4 --
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<br /> :-�. .Y. ,, . st�all not cura or watve any default or invalidate ar►y od�er right or cemedy of L.ender.'ll�is nssignment of Renis of �?
<br /> ��; "",� .,��.,.,... '. the Property sh�tc�mi�wte whcn ell the sums s�csired by tl�e Securiry Instiumant are paid in fuU. �
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<br /> -�;•,,,k•• • I.CRUSS•DL'FAULT t'ROVISIOlei. Somowcr s default or breach undet any note or ngreement in �-- -- -_-=
<br /> ,`�`'��''� �' '�' ' which Lender has an interest shaU be a breach undcr tho Secu�ity Instrument and Lender may involca any of tho
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<br /> :��-r°.;:; -• `• remedies permitted by the Securl¢y Insuument —
<br />- - � BY SIGMI�IG BF.LOW.Borrowe�a�cepts and agcees to thc tctms and provisions con�rined in this 1-4 Family _ --- - ---
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