r.r•, r.:h;.-::.: . • - -
<br /> ..,a�,�'iSr. . ,. _�....
<br /> �T , ` �y/I!.QL•' � ... '•------_.
<br /> ��y��/:w'�' r�Jfi-ai.e`�Y4iiiilmrwir -J_ - . �_ e____
<br /> ������ -- -
<br /> "_ __ "��'�.�e��...�o s--�—— _— _----_ - _-� .
<br /> ,. . ..�a�s.�wr, ..- ..-.��%�7'�.+e'4tr►+�[1v�r+.reM�rm�rwrM'urr+'r�r�••,...+�r.�.. ..�+�..��.. � . r _ _.'_.� - -
<br /> ibtr�.w-3Y��'��.'.�'���h'l/.�Cnw:iJ{IW1�3iwtl�i��M•-.w.1l.FrY*iw.4:-._.�y. ��y.,y�,...s>rH • •\•r''� ti .... , _ ... .. e. . _ . s----
<br /> .,.�.
<br /> , � , - ' yb .,....
<br /> .1 u..a�. ...+�. .. ' n__ ` _ _ �' - .. . .�.i +..,.-,.. _. _.. . .. .
<br /> .r5 -
<br /> t." - i' f"�'--- '.
<br /> � d.�..�
<br /> �� � , .. . . . ..._ .�_._.......�..... . .�-i..cc1�._'S�e..rt - ,!'�",_a,T-� v�'• � .
<br /> d�9�.. �+q��'.°�
<br /> a.ASSIGNM�NT 0�LEA96S. Upon I�ctidcr's�+equ�st,&xm�er si�all assign bo l�e�nda aU laea of Ibe
<br /> [�ropdrty �t�d all xcurity dcposits mede i►�conmocdan woth l��ta of the Pm�xaty.Upart 1he�1gnn►a►t,Lawle�'
<br />. ah�lf havo the dght 10 modify�extauf or tamin�te the eaisting laaa and w exocuu new kasee�in I.aKler'�eole
<br /> Al�crdion.Aa u�ed in lhit p�ertgt'apt►d.tl�e word"leuge" shaU mean"subi�e�tse'if the Security Ins�uma�t ia on e
<br /> kradwid.
<br /> 11. AS�IGPJIL'lFNf QF P:L►NTS; A1PI°OlNT11�Nf OF R�CEIYER; LENDER YN M�ESSION. � -
<br /> �orrowa abeolutely u�d unoonditiunalIy AssPgns ond�wlsfaR w Lendar all the renu rad roveaues("Reau")of the
<br /> prc�puty.regardkss oF to whom the Rehn of the l�rr�perty cira pavabk.Bomower authoclus I.eiufe�a L,enQa's _
<br /> agents t,o a�lkct tha Rem��and�grees that r,ach t�enant of the Propacy sSzall pay 1he Ren�s w Lcmder or I�der's
<br /> agea��.Howeva,Borrowa sdw11 rtceive the Ra�ts nnW(i)I.et►fler has glve�Baro�+er notico of[Iefault pursuant w --
<br /> puagr�h 2x of the Secuaty Instnur�t and(ii)��t ha4 Biva�notice m the ten�►t(s)that thc Arnts are to be
<br /> p�C► t� �,ender nr �,endx�s ageat 'itil� assignniuit of Rents c�,nstiwtes an absofute assignmerit aad ncx an
<br /> assigruae�t for additla►W securicy on1Y•
<br /> lf Lauler gtves�wdoe of breach to BoRnwu:(�)a�1 Rcnts roceivad by Botrower s'aell be he3d by Bomnwcr�s --
<br /> �.�or,,�f�oe�hw Mn�i:�nf T rn�L+nnlv tn M n�fltH1[p th_r.gpmc ic�+r'irrod hv Rhl:�uYILY Y64iIURIEtI�(11�l.Cl1�i 6113�1 _
<br /> be e�ttitl�cl W cotloct and roceivc all of tue R��a�uye P:�tv:(.iii) EaimMer a��Gha►rAch t�,r�ant of�he ''=_
<br /> Pcoperty Rhail pay all Rents due ru�d u,7paid c�Lci:�>r or Lsr.d;.r's�g���aa Lead�s vlritt�,s��sr.:�w to 4� _--
<br /> tcaaat; (iv) unkss applicable law provide.s otheiwise.al1 Rents coUected by U.aala or Lcnda's agents shall be -
<br /> applied Cust W the costs of taking c,�rtrol of and manaiBie�g the Prt�xz�3'and collecting the Ratts.including,hut not
<br />_ IimitM tn,attnmeys'fc�v,rc�eivt7'a fcr,9,nrtmiums oI�itxGiVft'8 b(NH15.ICP�altd R13�B:C�tAilCC CUSL9.itlss�u[8[ICC -_--
<br /> (xrmiumi�ta«s� assesscnaits end othc�charBes on the Fropelty, and then co the sums secaircd by the 5ecurity
<br />- �+�..•�!:(v)i rnc�,E.endrr's agents or any audiciallY aPPointed roceiver shall ba liabla to accouet fa onlp tlwse _-
<br /> Rents ecwally receival;and(vi) Lendcr sh�ll be entitlod w have a reaiva appointed te takG possession of and
<br />+ R1X'1�$0 f11E Y[O�Eil}r OIId CA�OC[p1C KQIIS mu(nn�ii5 uT�w fls:nii �',i.°f.��.'��:tii�t:.Si:tt�o.hL`�Sla�°S..^°?'E -
<br />- t!!SI{OQLL9Cy Of i�IC PIYI()CII�8S SOCUIIIY. _
<br /> If the Ra►ts ot Uu Propeity ere not wf��'�ient to wver the costs of taking control of aud mar�agircg d�e
<br /> Propaty and Of colkctin$the R��s�..y funds expended by L.ender fo�r such putposes st�all becorac iadebt�Of
<br />- Borrowa W L,�;ndC�by thc Socuciry Insuument pursuant W Unifam Co�aiant 7. _-_
<br />= Bo�mwer rapc+s,vents ac+d wanants that Dorrowei has not executed any prior assignmcnt af the Reats and h�s =-_
<br /> i not and wiU not pxfam any ect that woiild prevent I.endci from exc�ising its rlghxs under this para�aph. �.1--
<br /> Lenckr.or Lender's agent�a n judicially appointed receivu�shall not be roqulccd ta entei upon.ts�tka contml �-
<br />- of a maintain the Pcopecty befae or after giving notice of default to Barower. However,I.enda.or Lender's t=
<br /> agents or a judicially appointed acceivu.may do so at any tuae whea a default occou�s.Any appllcatina of Rents ►:;:y'
<br /> sha91 not ciu�e a wai�e any defauit ox invalidate any athr,r right or re,�nerly of Lender.'ihis assignmaot of Rcnts o1 �
<br /> the P�q�ty sha111rsminate wAan all the sums securcd by the Security Insnument ere paid in full. ��-:,
<br /> I.CRUSS•DEFAULT PROVISION. Bomowcr's default or breach under any note or agrcxment in �,.„.
<br /> which I,ender bay an interest shall be a breach uudu the Securiry Instnunent end I�uder raay invoke any of the C�:�-
<br /> remaiics pamiUed by the Sexurity Ia,suumct►L �''_-
<br /> BY SIGNING BELOW,Borrower�cx:c�ts aad agcr,e.c to thc trlms end pcnvisioos containc.d in this 1-4 Famity �����
<br /> ��.-
<br /> Itider. ``�
<br />_ � °�;-
<br /> . �� < < '��
<br />- r- � - �s�� s�� �� �-=
<br />- JAM�S B STBVENSON -Borrower DIANS L ST SO •Bortaxer
<br /> a �$CaI� (SC2y�
<br /> -Bcxmwcr •Borrowet
<br /> i
<br /> ,; ,
<br />:.� ;
<br /> i � •57 (030n) Pap�2 ot 4 'FO��15170 S/93 �
<br /> � i
<br />_� (:'i
<br /> �
<br /> a
<br /> �
<br /> S
<br />_a •
<br /> ;.___.....�,... _�.__._..._._^ _ . __.... _.�.... _ — , .�_..r
<br /> ,,.-- . . .... . ..
<br /> ., . .. . . . . . , ..
<br /> , . , . � , ,�
<br /> - . ,,� � �, . .. �: ;;��. � ��,�
<br /> .i ��j'' ,i
<br /> . . , ,.{'7t,. .. . :.�,.�.,
<br /> u ��
<br /> , _ „ ,
<br /> ' . . � ,
<br /> „
<br /> .. . _ . . . ..' � . S
<br /> �i � �� '� ' ____"�r�—..
<br />
|