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{�e+fl�r.i � _. ..;.. .: / ,� .,y. <br /> �; i -_ ' __ _. _ . ..._ <br /> ., . <br /> . . ' <br /> . S.r "n.A` . _ . -._...._.�fi�a�nae-�'�7��c1^- .__ .,._- .. ..__ .� <br /> . . . . n -N_-. — — �fib.�_._._ __ . <br /> ____-__ �_��...�...- -- - . ��Q����e'.T�:�"e-.-r:-.�i�y�L�_.�. <br /> � 9�w �.V�a'9.71�r <br /> G.ASSICNMENT OF LEASES.Upon Lender's request. Bomawer shuil assige tu l.ender�ll le�ar�o�tha L <br /> Property und ull sccurity deposit�mude in oumiectton wtth le.�ses of thc L�ruperty. Upon the assignmcnt, l,ender <br /> �hull lwvc the tight to modify.cxtend or terminute the existing leascs und ta execut�new leascw,in Lender's solc <br /> discretion.As use.cl in thfa parngmph Q.the word"Icuse"shall ntcan "aublc,use"if the Secur[ty Insuun�ent is on <br /> a Icaschald. <br /> H. ASSICIVMIEiVT OF R�N7'8i APPOiN'A'MENT OF RE.CEIVEItt i.�NDEYt DN POSS&SSiON. __ <br /> Borrower nbsalutely and unonnditionally st�signs end transfers tw Lender all the rents and oevenues("Rema")oP <br /> the property. regnrdless of to whom the Rents of tha P�opercy nne payuble. Borrower author�zes I.ender or <br /> t.ender's ctgents to mltect thm Renu,and agrers that e3ch ter►ant of thE Property shall pay the Rents ta 4ender ar <br /> Lendar's agents.However.Borrower shaU receive the Rents until(i)Lxr�itr has given Borruwer notioe of deFault <br /> pursuunt to paragrnph 21 of the Secur�ty inshument und(ii)L.ender hs�s given nottoe to the tenant(s)that the Rents <br /> are to be paid co Lender or Lender's agent.This assignaunt of Rents oonstitutes an absolute assignment nnd not <br /> un nssjgnment fot�ditiona!security only. <br /> If L�:►der giv�i►odee of bre�ch to Rarmwer: (i)ull Rents rcceivod by Bonower shall be held by Bomower <br /> as tcustee for the benefit of Ixnder only.to be upplied to the sums sacured by the Security Inst�urnent;(ii)Lender <br /> shall be entitled to mllcxt and receive all of the Rents af the Property: (iit)Borcower agrets chut each tenant of the <br /> Pr�perty shnll pay all Renta due and uapatJ to L�mder ar l.end�r's agenu upon i.ender's written demw►d co the <br /> tenunt;(iv)untess agplicable law provides otherwiss.all Rents collected by l.ender ar Lender's agents shall be <br /> applied first to the costs of taking control of und inanc+gins the Pcoperty and co��ectins the Rents. includins.but <br /> not limited to. attomeys' fces. rereiver's fees. premiums on reoeivet's bonds. re}rair and maintenancx costs. <br /> ic�suranoe premiums, ta�ces.assessments and other chaxge4 on the Property.and then to the sums secured by the <br /> Secudty Instmmcnt;(v)Lender.I.e.nder's agenu or uny judiclally appofnted r�eceiver shall be liable co aawunt far <br /> anly those Rents actually reoeived: and (vi) Lender shall be entitlal W have a trcelver appainted w take <br /> possession of and manuge the Property and coiiect the Rents arni pcviit� �rived �t!x t'sagersy�Isltts�i eny r <br /> showing as to the inadequacy of the Ptoperty as secudty <br /> If the Rests of the Property sre not sufficient to cover the costs of taking control af and mannging the <br /> �+nperty and oi collectins the Renu any funds expended bp I.endet for such purposes shall become indebtedn�ss <br /> qf Borrowet to Lender secured by the Sacurity Instrument pwsuant to Uniform Covenant 7. <br /> Borrower nzprcsents and warrants that Borrower bas not executed eny priur assigtunent of the II�erts az�d has: <br /> not and will not perform any act thut would prevsnt l.ender from exercisin�its rights under this�aragraph. • <br /> (.ender. or Lender's agenu or a judictally appointed reoeiver. shall not be required w enter upon. take <br /> contro!of or rnaintain the Property trsforc or after giving notice of defanit to Rorro�ver. However. Lender.or <br /> I ender's agent9 or a juoicially appointed receiver. may do so at any Nme when a default ocxors. Any epplicatIo�e <br /> of Rents shall not cure or watve any default or invalid�te any other right or remedy of L�tder.This esslgnment of <br /> Rents of the Property shal!terminate when all the sums secured by the Security Instrumem are paid in full. <br /> I.CROSS�DEFAULT PROVISdaIN.Borroweir's default or breach under any note or agreement in whfch <br /> ' I.ender has arr 3ncerest shal!be a breach undec the Security Instrument and Lender may iavoke Any of the remcdies • <br /> permittod by t�e Secudry Instrument. ' � '. � <br /> BY SIC3MIV0 SBL:OW. Bomower accepts anQ.agtees co the temis and provisions contained in th�ts t-9 <br /> Family Ridelr. . - • ... <br /> ... ----- - _ (Seal) .%-" e �L,( � _'�) , ' . <br /> -Borrowcr � �• ��Z�� •Norrowcr <br /> ,.. (SPs1�) - -�SC31) <br /> • -Borrower •Borrower , <br /> Fomt 3170 3183 <br /> . <br /> � i <br /> ..•o, . <br /> -- _ —_- -- �um�mm�.c�sr_� _-_----- - ---- <br />