|
..��.9. , . . ,�,.Fnwowa�
<br /> ,.: .;,,, ... . . . ,
<br /> ,.;, .
<br /> • , - . 1•�+�n'a�s+�rt}lYl' I�+��ov,y�ir�
<br /> i-,.�-.��.«wN ' .}�r.:s
<br /> � . . ..� . . • .. „ --- -- -- -�--
<br /> � �� ' � '
<br /> ' - •':1�id`:w'lY'�IF����1C ,�- •Fnf.�.::K::r
<br /> . c, . .. .,.:. — -
<br /> ,.. - ----- - ----- - __�_.�_.-_..�.. -�-
<br /> _��u.�_z_..s:---vn.�.R�.,�..-- - 'E' -o; .�.�. ---- r :�r,.
<br /> ��- '.-••.-. .�����o _�.....���'-------
<br /> .._ -- ---.'�r,-'�'W�=�!;�°-°- - --- - ---55�4°;i:�.:;1rr.zrati------
<br />-.- - ��..�.-.r_cuur_._;•,�.��_rt�. ���_^_�rs>re�.?----
<br /> -- - -_Y.e �.�....,
<br /> u ---- --- -- � �
<br /> . . ,..... ._ . -�.,� ri d ___�,_...v�ii'O:FZ('�rr:��r�yat�z��-cvia� -. . . __�_.
<br /> _ - — :,.�.F�.,..,,.�,:_,.,���-,�+�; �,1��ir:�;r��...:��.`�'�� "�'' -
<br /> . .���.�_ _._r�n ..__� --r, .,�.. � _
<br /> �,*r. • virem- .r -�r.•�� r .i�, ..�- . -10�f�.a..ur7.�r..i .+t � 1 t' n ' . -.,._ ' _
<br /> . . .. '., .
<br /> -�`��, . .. _ `6�.hhi.e'r�t .-fo.� .. .,t '.�1.:�t% ..d '. _a + .P'e�r���r�e'�v��re*r--�_r — -
<br /> . .. .. .... ....._ __._,�--r�..�_._._.,_.. '- "_..—.. .._. _� _ --- - —_--_--- —=-
<br /> �.�:.- ,..,. :.,.....�._
<br /> ._
<br /> .. . _._ .. _. .,. . .
<br /> - -- . ..__�r..�:r��a�a.._� _F_,�. .... .� . _. . .,._z-.. �...--�..�__.._�.�..... __,�.
<br /> ��9_b-�.U4:��
<br /> ti.AS3I(iloiNIEN9'OF LEA3ES. Upon Lr,�tder's request.Boirowcr shall assiga to I.�udcr aIl laasrs of the
<br /> Proprity and a11 sauriry depostw made in coanecdon wlth leases of tha Pro�eaty.Upon the es.�igwnent,Lender
<br /> st�aU have the right w modify�axtend or terminate tho exisdng leases and w e�cxute now leases�in Lend�r's sole _
<br /> discretlon.As used in this pareg�nPb�.the aord"tea�e"shaU mean"subleaSe"if the Socurity Insuument i�on a -
<br /> le+axttold.
<br /> A. ASSIGNMEN'f OF RENT3; APPOIIVTMENT OF 1RECEIVE�t3 L�@ER I1V POSSESSION.
<br /> Saro�ver absolutely end uncondidonally assigns and oranafers to I.ender all tho reats an�revenues("Rents")of the
<br /> pe+o�erty.rcgacdisss of w whom the Reaus of tho P,ropaty m�e payable. Sarowu authortzes L�r►der or Lcnder's
<br /> ageats w collxt tho Reats.and egrees that each tenant of tha Pmperry�st�ail pay the Rcats w I.euder or I�euder's
<br /> ageats.Howava.Botmwu sl�aU recxlve t�o Rents undl(n I�eader has Bflvea Botmwet uotice of defaWt pursuant to
<br /> parag�pb�i of dea Se�aalty Iasorument end(lij I�eatder ha�s gtvea nodGO w the ttx�nt(s)that tha Rears aee to be
<br /> g�id tQ L�� o* ieader's ageat 'IUis assl8ameut of �tents corudwus an absoluta essigamant and not en
<br /> assignment far additional seceulty onlY• :
<br /> If Leader gives nodce of breach to Boira,vrer:(�)all R�ta r�ceived by Bormwer shall be held by Sorrower as
<br /> u�utce f�thn beaefit of L�der oni�'��be appliod to tha aums sccured by ihe Security insuumeax(ii)Lender aball
<br /> ba eadded to collxt and r�oelvo all of the�eCets of ihs�topecty:(lli) Borrower ag�es tdat each tenent of tha
<br /> Piq�tY shal!pAY�11 Renta due aud unpni�tu Lencler or Loader's agenta upon I.ca�da's wrtuan demand to the
<br /> ' tenaa�(iv) unless..�pplEcable law provides atherwlse. all Rents colle�ted by L�eadar or Leada's agents shall be
<br /> � � appiial fust to�tfia�aste of tatiag sontrol of end rtuwagiug the Prapecty and FAlleeting t�e Renis.including,but mot
<br /> limited to.attam�ya'fe�s.receiver's fees,lmuniums on recnivu's bonAs�rePair and`.�neinuaance costs,insurastce
<br /> pxe�iiwns.taxes;assesstnea�ts and other charges on the Fsopeity. aad thea to tba swas sxured by the Securlt� .
<br /> �(Y;,�•.�.L�er'A agents or any�udiciaUy�o3ated rexivet shall bo 3lable w�ccount for only those �
<br /> Raus acwialty.rc,ceived;and(v�Leader shail be eadtkd W bava a nceiver uppoiated to talce possassion of and .
<br /> • . nnm�ge the Prope�qr aad colla�t the Reats ead pro�ts derivod froan the P�opeity v�tdout any shawing as to.the
<br /> imedequacy of the Pmperty as sa�uity.
<br /> If the Renta of tha Prnpaty are not sut�ckne m cova the oosts of taldng cantrei of and managl�g the
<br /> Pfrop�uty end of colixdng the Reats aay funds w�pended bY Lender fa sucb pnrposes shall b000me€ndebudr�ess of
<br /> gq�wer w Lendu sacnral by tha Sxurity Inswmer►t pursuant w Uaifonn�Cmreamt 7.
<br /> Borrowea represertts and werrents tUat Barower has not a�ecuted anY Prior e�ma�t of ttia Reitts and hae
<br /> notand wW not pa&xm any ect that weuld pmveat Lender fram aasrcisin8 its rIgltta utider thia perag�aph.
<br /> I.end�.a J.aiAer`s agents or a judici�lly appainteQ roceivu.stiall not be requind to enta upon�taice eoounl
<br /> of or m�iatain the Frbpa�ty befosie or aftar glving nodoe of defiult to Barowar.Howaver.Lend�a.a Lcada's
<br /> ageata a a 3��Y aPPa��roodver.may do eo at my dme whea s default oecurs. Aay applk�oa ot Rents
<br /> s1WI not cura or waive any defiuls a UvaUd�te aay oth�r}ght a ranody of lrender.lt�is�ssignmeat oF Ronts oi
<br /> d�e Pcqxxty stwU tenninate aha►all the sums sacurod by tha SxurIty Insnutneus aa�e paid in full.
<br /> I.CAOSS�DEFAULT PROS+tS'�ON. Bonnwa's defautt a bnacb undar sny note or agi�wncnt fn
<br /> which I�endxc has an inta�st ehall bo a b�ch�ader the Soctulty InsOnunent and L�ender may invoke aaY of the
<br /> rea�edks penni�ed by the Secuiity Insttumen�
<br /> BY SI�1VUia BffiAW,8omowv aocepts aad�aes to tha torcus and prov�sdons oenminod in thia 1�4 Family
<br /> � . �
<br /> r�� � � / w ����
<br /> ____��!f�"�--��� r /:"�O�C ($� ' • Sea1)
<br /> MICHAL�la A DBIN88 -Horrower =� L I3IIJS8 -Borrow�er
<br /> ��� �S�
<br /> -Borto+wer -Hoaowet
<br /> �•87 to�a) Pap•z ot� ►�['�11 i���1�8
<br /> , �q — -- -- - _
<br />-f{�Q'' _ ._ . . ' � -- . • .. - � .i4�i��fk :-:'U��`-��T ,�;—����"'�
<br /> � ,�w� a..�i )
<br /> . �.� . ,• . . ::�.�� r{ly� �y�i,iel s. . t . l�
<br /> 't ' , .. , .. . � . ., ' .. _ , �/�,,�` ... . '.'4�� �`�1} �1.�fli�� JSl i�,�4 �1.,�`;� '�Itti`q _ �.�7�1����' _
<br />$'_.}11l�,. . . �.. . ' .� � _ _ �, .. . . . . " � Y�'1 4r��r '`r`', ,M, ��,�,.tt�;i�i'I -`•' i '�� .
<br /> . . � a ti �
<br /> ,>. .� ' ,:�, ' " $,'i' . �,y� �t` . � t.
<br /> ` . ,• .,� • ° �1i�.,.r .,•°i' '�"�: x I:, g -
<br />_ � ':e,.; , e,•a �...'�'• • •.`-
<br /> _ ..t.� .:;{, , . ..`.. � ..7- .
<br /> . , �;'
<br /> , . . . ,�,;�'
<br />�---. . � . ., , . � , . � :e�} afi.n!'Si,..si:�',``��'=_'-'--�.
<br /> c' . , . ., . �. . .°}:'_ tr,�
<br /> .. . . . .o .. . . .•{r� . ..r���'S --
<br /> f . ... ... ' ' . „ . " � .. - }r,��y,u� �" ` YS _ . . .h . • '
<br /> .. . � .. , - ���,C , •J ""l'hktr?`;:/�„��t _
<br /> �r. ,���l+y+�'�
<br /> .,�,. � , + ' ' � � M�� c
<br /> , : , . . , :
<br /> .. F ,./�.A . �.
<br /> . -. . __.:JV•_....� _. . . —..._. _" . ... .._ ... ._ .. _ . _ ._ . �-.
<br />
|