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ASSI(�NM6M1' Ol� RENTSp AP�''OINTMFNT OF R�CEIVER; L�NDF.R IN POSSFSSIOPI. <br /> Bs�r�ttwe�r t�(N)lutely rdx!utittKx7li;cs�lally�;,:lgo�A�Its�nefete l0 L�n+!!'�e�!tll�rcatGt at►d tEVCtiuCe("Rante")of the . <br /> Property�cegardkaa of to whom�he Rent�of tho PropenY�P�Y�bb.B[xrowu au�lwrlus I.atide�cx l.er�r'� <br /> �enq W col{ect tho Renu.ans!�ge�xea ths�t each tau�nt of Iho Pcoperty ehall pay tt�Ra�ta W Lenda ar I..enQer's <br /> a�enu,t-lowovu.Honawer�hall roctive tho r�+��a unUl(i)Lcnder hiu qiven Borrowcr n�dcc of d�+fault purauent to <br /> p�ragr�h 21 0�tho Socur2ty Instrumcnt wuf(ii)L�cnskr hru givGn notico to tho t�anQsD ttwt t1u Raita nro u�Us° <br /> p�id to I.erxfa os L�n4er'e agen� ThLv �ignment af Renu canatitutes nn Rbsoluta asslgnment end not an <br /> wi�nment for�dditlonal eecurity on{y. <br /> If Leneier gives notko of breach w Hocrawer:(1)afl Rents receivod t�y Bnrruwc�s�bo h�t!�y B�'�es as � <br /> tmsteo for the benefit of Lendear only�W be epplled w tha sum�secorod�y[he Socuricy Ins�umu►t;(ii)Lenda shall -- <br /> bo en�tled to CerllCCt nnd tecoivo Atl ut the Kents oi[he Frepc�iy; (iL`j aar.�'�r��r"�.s tic�t�.,k t�anS OF �hw ��-_ <br /> �� T .����w �1�A PMG l��N �EIP �' � <br /> �y soPii nay siI ieenis aue and wruaiu iu Lra�uvz ui i.,c,iiir•i a�wi�u�,u��..c+�u�. o�:.'�•.�'�••«r ___-_ <br /> tenanx (iv) unicss applicable inw provides otherwise, ell Rents cflllected by Lendcr or Lender's e�ents sha11 bc _ <br /> opplie�fust to tha costs of taking conuol of and managing Ihe Pr4peny end collecdng the Rents,in.:latling,but not <br /> limited to,auomeys'fc:es.r�eceiver's fces.premiuma on recdver'E bonds,repaiir end maintenance costs.insurauce =__ <br /> psc.^.si�.m.Q, ��:es, ?��eccments and other charges on the Property. and then to the sums socured by thc Security �_-_ <br /> Instrument;(v)L.ender.Lender's agents or any judic�ially appointed receiver shall be liable to account for only t�'zu�. �+�- <br /> Rents actually rcxeived;and(viy I.endu shall be endded to havc a recctver appointed co talce possession of ensi �-:�'' <br /> .:�:W._ <br /> manage ihe Property and collect the Rents and proSts derlved from the Property without eny shawtng as co the ,�,..; <br /> �;Y <br /> inadequocy of the Propetry as security. -. <br />- IE the Rents of the Property are not sufficicnt to cover the costs�f taking contml of and cnanaging d�� e"w==• <br /> Property and of collecting the Re�ts eny funds expended by Lender for such purposes shall become indebtedness of �� <br /> Borrowcr to Lendex secured by the Security Instnunent pursuent to Unifonn Covenant 7. � <br /> Borrowu rcpresents sind warrantv Ihat Borrower has not executed any prior asslgnment of the Rents and has �,, <br /> not and will not perfocm any ect that would prevent Lender from exercising its rights under this paraSrnPh• <br /> Lender,or Lender's agents or a judicially ap,paintecl receiver,shall not be rcquired to enter upon,�ake control .��_ <br />= of or maintain the Froperty before or after giving nodce of default to Borrower. However.Lender.or Lender's `,}��.., <br />= agents or a JudiciaUy appolnted receiver, may do so at any tima when a dcfaalt occius. Any=+pplicuuon of Rents ..�;;: <br /> shall not cwe or waive any default or invalidaus eny other right or remedy of L.ender.This assignment of Rents of <br />' the Property shall termirwte when ell the sums sccure�l by the Security Instiuument are paId in full. � <br />� I.CROS9-DEFAULT PROVISION. Borrower's default a: bceach under eny note or agceement in <br /> which Lender has an intesest shall be a bmach under the Sec�uiry Instrument and Lender may invoke any of the <br /> remedies pem�ittcd by the Security Inswmen� <br />° BY SIONING BBLOW,aorrower accepts aad agrees w the t,erms end provisions conreined in this 1-4 Family <br />_ J Rtdet. - � '.�' <br />_ I . <br />_ �,Seal) Seal) <br />_ $ K JONAK -Bonnwor ALLISON R JOIQ�IK -Hotrowor <br />: (S�) �5�� . <br /> •Borrowcr -Borrower <br /> , � .,. <br />_j , t '•".. <br /> _ �•67 to�o�l Pnp�Y of 2 .� Fo�m 8170 3193 :. <br /> f <br />'I I.•,. <br /> 3 <br /> � ' <br />.,� . - .. <br /> 1 <br /> ----------° __- <br /> �._ . ._ - -- --..___—�. - .r-, .,._t- ,-..�.,-�...:+�uwrt�Sp�maoo�?-=- -, u ---•---- "-. <br /> .. „ �� . ' . � _ � ., .. � .. .. " .r <br />. " � � � . Y, ' . ' .. . -- � . .. - �. . <br /> i., ,. , � '-�;!•�� •l �� ��; -' ' <br />:E-1 .. 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