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<br /> 4:.A�:t,.Sb�lt'��:.!'�'t'�!�'g<�'A�w�. II�Nm E.�i�dcr's rcqucr�t, t�mrowcr siinli«:;sign t�l.cndr,r ull leuces uf the
<br /> Properly a�xl ai1 sccuriry dcEx►+Its made in cnnncctldu with leuses of thc Yroperty. Up���thc assignment, i.ender
<br /> shall huve�hc�ip,�it to maiify, extcnd or tcrmint�te the cxisting lcnses:►nd tu cxccutc new lanses, in Lendcr's�le
<br /> discretion. As uscd in tl�is parAgraph G,tite w�rd"lcasc"shalf inean "sublcasc" if the SQCUrity Instrun�ent is on
<br /> 'a Icsucnoiti. --
<br /> H. ASSIGNMENT (1F' R�NTB: AP'POYNTNIEYT U� REC�IVElt;� I.ENDER IN !'05SF.SSIQIN•
<br /> Borrowcr ab:,nlutcly nnd imconditionally assigns and transfers to Lcnder ull the rents�+�d revcnucs("Rents")of
<br /> thc Property, rcgardless af to wl�om the RerYs of the Property arc paynblc. Barrower authorizes I..ender or
<br /> I.ender's agents to collect the Rents,nnd ngrees that each tenant of the Froperty s4�aLl pay the Rents to Le:nder or
<br /> L.euder's ager.ts. However,�orrower sh�1l receive the Rents urtil(i)Lender has given Borrower n�tice of�sfa�dt
<br /> pursuant to parngraph Zl of the Security Instrument and(ii}Lender has given notice to the tenant(s)tl�u�the Rents
<br /> arc to bc Fsid to L.ender or L.ender's ngent. This asaignr�en�of Rcnts constitutes an absolute assignment and not
<br /> nn assignment for Additional security only.
<br /> If L.ender gives notice of brravi�to Bnrawer: (i)a!1 Rents z�eceived by}�orr�wer shall t�e Izeld by Sorrower
<br /> as tnistce far the benefit of Lender only,to be applied to thc sums securGC!by the Security Instcument;(ii)Lendei•
<br /> shull be entit►c:cl to collect und reccive sll of the Keras oi che FrupC�iy;tj��}Ccrroc:er ag:��that e?cb rrnant of the
<br /> Frope:ty sh�ii pwy ail RCUta Jue uud uupaid ta E�.ndcr ar L.endcr's abenis u�n r Ar�p;'�written demand to the :-
<br /> [enant; (iv) unless appficable law provides othenvise, all Rents cotlect�d by l.ender or I.ender's A�ents shaU be
<br /> applied first to�i�e costs of taking control of und managing the Prn�erty and collectin�the Rents, including,but
<br /> not limited to, attc�rneys' fees, receiver's fees, pre►niums an receiver's bonds, repair and maintenance costs. _
<br /> insurance premiums,tuxe,, a:�sessmems and other char�es on thc Property.and then to the sums securef! by the —
<br /> Security Instrument; (v) L.ende:r,Lender's agents or any Judicinlly appointed recciver shaU be liable to account for
<br /> anly those Rants actualty received; and (vi) Lender shall be entitled to have a receiver appointed to take
<br /> possession of und manage the Property and collect thc Rents and prafits derivcd from the Property without any
<br />-- showing as io ii�c ivadujaucy a�ihc i':.:rc��ss s�.^t�ri!;.
<br />- If the Rents of thc Property nre not sufficient to cover the costs of taking cantrol of and managing the
<br /> Property and of collecting the Rents any funds expended by Lender for sucl� purposes shall become indebtedness
<br /> of Bunower to L,endcr secureci by the Security Instrument pursuant to Uniform Covenant 7.
<br /> Bonower represents ard warrants that 8arrowcr has not executed any prior assignment of the Rents and has
<br /> not und�vill not perform any act thut would prevcnt Lender from cxercising its rights under this paragraph.
<br /> Lt:nder, or Lender's a�ents or a judicially �+ppointed receiver, shall not be required to enter upon. tuke
<br /> control of or muint:�in the Prope�ly bef�re or after givin� Rotice of default to Borrower. However. Lender, or
<br /> Lendcr's agcnts or ajudicinlly uppointed recciver, may do so at any time when a default occurs. Any npplication n
<br /> of IYents shull n�t cure or waive any default or invulidate any other right or remcdy of L.ender.Tliis assignment of =.
<br /> Rents of the Property shall terminate when ull the s�ums sccured by thc Security Instrument are paid in full. !
<br /> I. (:ROS�-DEFAUL'If PROYISION. B�rrower's defuult or breach under any note or agreement i�t which _
<br /> Lcndcr has an interest shall bc a breach undcr thc Scrurity Instrumcnt unJ Lendcr may invoke any of the remedies V
<br /> pern�itted by the Security Instrument. _•
<br />-- BY SIGNING AELOW, Borrower accepts and agrees to the teims and provisions contained in Qhis l-4
<br /> Family Rider. • -
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<br /> SHIRLEY J LI ER .uorm«•�r -sorru��cr �r
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<br /> -Eiorso cr •Borrowcr f�
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<br />-.- Form 3170 3/93
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