rr':�'F:S�:��i ni��d� • - �s.�°if;7ij.r{,Y{;Y__ .
<br /> �n.,�.. _^.Y:F:'..
<br /> '�'-��---- - - --- '- "�- � - .._._. --•- . _
<br /> ;��5-� SQ�S .
<br /> a.ASSI(iNM�NT OF LEASB3. upon I�ende:'s requeat,sucmwer ad�il assign a L�ait loa�ot thc I �
<br /> propr.�t}r and all sxurlty depas►ta cnada In conaocflon witri te�ses of ti�o Ptopesty.Upon itw sasigrua�nt,L�cnder
<br /> � stu11 have tha rlgAc w�odi�+,auux�.'hau��e^e�8�1�"s��ub�e f�sewc��t is o°a
<br /> dis�don.As t�sed in this pare�aP
<br /> lqaehold.
<br /> H. ASSIGNASEN7' OF I�EPPPSi APPUINTMENT OF REC�ER; LBNDEIt IN MD33ESSION. _
<br /> Borro�res ebsoluWy aud uno�ndlbonaltY�iBas aad transPcrs[o L.eadet all trie nals and revenuw("Reats")of tt�e
<br /> property, cegudl+�ss of t+d whaa the Rents of the Propaty am payebla Bnrrowcr awhuxlzes Leadc,r or Lcndrr'�
<br /> aga►ts to oolkct the Ra�ts,and a�ees tbat eacb teaant of the Proputy sLa11 AaY tha Rents to Lander ar I�enda's . .
<br /> agans.liowever,Bormwa st�U receiva th�Reuts eu�dl(i� I�ba��tvea Boircwcs nodce of defautt pw'suamt to
<br /> pua�pb 21 of d►e Sccwity Instrumcait and(Ii)l�eader hsg� conn sdwtes an absolu,assIgnmeat end noe an�
<br /> pnid w L�nder or Lender's agen�'ILis assf8nmen . f
<br /> acstgnme�nt for addlttonal sectulty only.
<br /> If L.aida gives ndioe oi breach to Boimwer.(i)all Itaits rx.eived by Bortower shall be held by SoAO�ar as
<br />_ anstee for the beneSt of Lender only�W be aPPlied to tho svms secured bYBarrow�ag�es Wet each�� �-
<br />- ���� �u�ullxt and rC�iva all of the Reats of the Prope�ty;(iii)
<br />- propetty sha11 ps►y all Rents due and unpaid to Leuder or Lender's egents upon Leades's wcluai dea�and w the
<br />- tenaux(iv) unkss aPPlicablo law provldes othe�ariso.ai1 �e�callectedd�c�xddng t�he R d�,fncluding.b�not
<br />- applied fust w tho custs of taldn8 conorol of sud manag�g �P�Y
<br /> npair and mafiateaance costs iasivanca
<br />= llmited t,o,auomeys'foes,reaiver's fees,Pnmium9 oA c�ceiva'g�onds, •
<br />= preiaiums�taxcs,ass�ts end other cbarBes on the Y'�o�ealy,and then to tha sums secured by tha Security
<br />= Inswmen�(v)I.cndu.I.euder's ageats or any judicially appoime8 receiver shall be liable w accauat for anly thsose
<br /> Rents acwally received: and (vI) Leader s6a11 be entltled ro have a receivu aPDo���uc sny��g��� _
<br />- mansgo tha pmpaty ead collcct tha ltents and profits deriv�i f��n► th�s F'mF�Y '
<br />._ ��1�Y af the Prnperty es sectulry. � �
<br /> If tAe Reuts of the Pmperty ere not s�;'t"ulent to cover the costa of taldng con�nl of and maaagin8 the �
<br /> Prope�ty aad of collecdng the Rents aay funds eape�aded by Lender for such pucposes shal!become indebudaess of
<br /> Boarower tA Ieuder secutOd by the Secwity Iasuvmvrit pursuant to Unifaim Coveaant 7.
<br /> or t of tho Rent��nd 3uis
<br /> Barimwu represeute�d wanants that Borrower ha4 nat executed anY P�i essl8amea
<br /> not and will not pafonn any act dwt wauld pmvc;at Le�tder from ex�8�ri$hte undcr this paraBtaph. .
<br /> Leader.or I�'s egents or a judicially appointed zeoeivet.shall not b�required w enter upoa�tske watc�ol
<br /> of or ma6i�in the AcopettY befon or after giving notic�of defanit Lo Bomower. However�Lender�A Lea� —
<br /> agenta or a jud[cially sppointed receivet�may do so at aay time when a default occuts.AnY aPP� --
<br /> shall noi cnre or watve aay default or iavalidate any other rlght o:reraedy af L�ead�.T7�is assignment of Rchts of tl
<br /> the Propaty shall te�ninate whea all the sums secured by ths SecurIty Inst�ument eris paid in full.
<br />" L CROSS-DEFAULT PROVISION. Borcower's default or breach undsr any nota or a�eemant in �
<br /> - which Lender hag an intaest shall be a breach ander the Sec�u1�Y Insuuraeat and Leader may invoke aay af the r-
<br />= remedies p�by the Security Inst�ument
<br /> '- BY SI(iNINCi BBLOW,Boimwer accepts and agrt�s w the te�sms and provisiot�containe�tn this 1-4�mtly
<br /> � --
<br />__a Rider. -
<br /> � � _
<br /> � S�� -
<br /> �] ts�> M..
<br /> ,'; JAMBS L DANHA -Borsawnr . T+ D -�orrower .�,:
<br />.;a �.SCB�� �.SC��
<br /> -� -Bomowor •Sortowar
<br />_� .
<br /> i
<br />'� P�o��az Form31703l98
<br /> �•b7 t�)
<br />_e
<br />_,� R
<br /> � '� ' . .
<br /> � .
<br /> '�.
<br />.'���n-�;_r.---^'r-- .- � , _..°"�-,----n^'n^ . .. . . - . � . . ., "..._.-..__'!.
<br /> . ,
<br /> � .> .... - .. .. .
<br />. • ..�, . . .. . ..
<br /> • . , � .. .. , .. , - . o .. .
<br /> ., . �. " . . ' _ • ` _ . . ...� . - . . a .
<br /> o �
<br /> u o.� . .. � .. . - ,q. ., . �
<br /> �� � - - - .. . �. — , .� 1 .. ..
<br /> . � ' • .. • q _ .) ' .. `, ' . .i ,� .. "'`� r. .� , '. ��
<br /> .• .
<br /> .i .
<br /> . • .
<br /> .i .. . . ... . . _
<br /> ..
<br /> ., . .� . ' _. 'J.� � II
<br /> .,
<br /> .
<br /> ,
<br /> .. __. . . .. _._ _. -___ .. _._.__ _ .. . . _.-' ' ' - _ __ '._. __ . -.
<br /> • 's__ .""._."'.,, . .. . �
<br /> . �--.._ - - ,j{i j� , -- r S�'v'�.o _ _ •
<br /> •�` u.. � . .• � .� . � '�Y'�t'a { .`at�.. •
<br /> -•7r .. , ' .. � .0 .. . ' n' . :!
<br /> cJ
<br /> ♦. �. , . .
<br /> i .. �
<br /> ' �i� . ., �• '
<br /> , �� I �
<br />
|