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<br /> G. A�SIGNPAENT OF I.k,ASES. U{x�n Lcndcr's request, Borrowcr sl�nil assign to Lcndcr nll Icascs�f'nc�
<br /> Praperty and all sccurity deposits madc in connection with Itases oi'the Praperty. Upan tlte assigntncnt, I.e�x1Cr
<br /> sl�a!!have the ri�ht to modify,cxteaid or tcrminatc the existing Ieases uud ro execute new lca5cs,in Lendcr's solc
<br /> discrction.As used in this paragr.►ph C�,tite word "lease" shall mcan"subleasc" if the Security Instrument is m�
<br /> a Icasehold.
<br /> H. A531GNMFNT OF ItEN'I'S; APPO1NTNiENT OF RECEIYER; L1GND�R 1N POSSE5SIUlV.
<br /> Borro�ver nbsolutely And urtconditiuually assigns and transFcrs tc Lecsd�e�ll th�rents ���i rn.ve.nu�.s ("Rcnts")of
<br /> the P�openy. rcgm�dless of to whom the Rents of the Property �re payable. Borrower authorizcs l.,ender or
<br /> Lcndcr's a�ents to coblcct the Rents, ¢nd�grees that each tenr.nt of the Propeny shal� pa� the Rents to JLender or _
<br /> l.cndcr's agents. Ho�vever. Borrower shall rcceive the Rents until(i)i.endcr has givcn Borrower natice of defluit
<br /> pursuant to paragraph 2l of the Securiry insm�n�ent and(ii)Lender has gi�'en notice to the tenant(s)that the Rents
<br /> are to Ue paid to I.cndcT or L.ender's ageni. This assignment of Rents constntutes an�.i�solute assignment and not .
<br /> un assigmnent fo*additional sccurity only.
<br /> , If Lender gives notice of breach to 6orrower: (i)all Renis received by Borrower sh�ll be held by Borrower
<br /> ' us trustce for the benefit uf Lender orily, to be appfied to the sums secured by the Security Instcumenr,(ii)Lender
<br /> shaii be entiticxi ta callect and reccive all of the Ren4s pf the Prorreny;(iii)9orrower a�rees that exch tensnt of the
<br /> Pr�perty shall pay all Rents due and unpaid to d..ender or Ixnder's agents upon L.endcr's writtcn dcmand to the
<br /> tcn3nr. (iv)unVes�applicnhlc law provides atherwise, all Kenu coiiected by L.enuar or L,cnder'� age►�t�ai�all t� '-_
<br /> �PFlicd first to thc rosts of�nking coniroi o►ait�i�iia�agir.g t�:.Pra�erts�ad rnllecti.^.b th�!{;.ris, includinb. buL v----
<br /> not limitcd to, attorneys' fees, receiver's fees, premiu�ns on receiver's bonds. repair and maintenance costs,
<br /> inst►mnce premiu�ns, taxes,assessmc:nts 1nd other charges on the Property, and then to the sums secured by the
<br /> Security Instnunent; (v)i.ender, Lender's agents or nny judicially appointMt receiver shull be liable to account for
<br /> only those Rents uctuully iu:eivui; and (vi) L,ender shul! be entitl��l to have a receivcr .,ppointed 2o take _
<br /> possession of and manage the Property and collect thc Rents ut�d praf►ts derived from the Froperty without any N�
<br /> showing us to the inadcquacy of the Property as sei:urity.
<br /> If the Rents of the Property are not sufticient to cover the costs of taking control of and mannging the
<br /> i�`i��pcii}�a�t�3 GF�!leCSin�, s.ha R�r.*s�; s!!t?�c rxrf+nded hy i.ender for such purposes shall become indebtedness
<br /> of Borrower to I.ender secured by the Securlty[nsirument pursuant to Uniform Covenant 7.
<br /> Borrower rcpmsents ttnd warrnnts thut Borrnwer has not executeil any �rior assignmenc of the Rents�r�d has _
<br /> not and will not perfami uny act that would prever.t Lender from exercising its rigl�ts under tliis paraeraph.
<br /> I.ender, or Lender's agents or a judicially appointed receiver, shall not be required to enter upon. takc
<br /> cmitrol of or►naintain thc Property before or ufter giving noticc of default to Borrower. Howevcr, Lendzr, ur
<br /> [�ndcr's agents or a judicially appointed recciver, may do so at uny time�vhen a default occurs. Any �pplication --
<br /> of Rcnts shall not curc or waive uny default or invalidate any other right ur remedy of Lender. This assignmcnt of
<br /> Rents of the Property shall terminatc when all the sums secured by the Security Instrument are paid in full.
<br /> I. CROSS-D�FAUL1' PROV�SION. Borrower's default or bre;ach under any note or a�reement in which
<br /> Lendcr has an interest shnll be a breach under the Security Instrument und L,endcr may invoke any af the remedics
<br /> permittod by the Security Instrument.
<br /> BY SIGNING BELOW, Borrower accepts and ogrees to the ternis and provisions containeJ in this 1-4 w
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