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<br /> . G. A3SIGNMENT OF LEASES. Upan I.ender's request. Borrower shell acsign ro Lender all teases of the
<br /> Property and nll security deposlts made in cannectIan wit� leases of the Propeny. Upon the assignrrtent. Lender
<br /> shall have th�right to modify,extend or terminute the existing le,ascs and to execute new leases, in L.endor's sole
<br /> discretion.As used in this paragraph C3,the word "lcase"shdl mean "xublease" If the Security Instrument ls on
<br /> a leasehold. -
<br /> H. ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; LENDER IIV POSSESSION.
<br /> Bornower absolutely and uncanditionally usssigns and trangfers to Lender ell the rents and ravenues("Rents")of
<br /> the Property. regardless of to whom the Rents of the Property aze payable. BaROwer suthorizes Lender or
<br /> Lender's agents ta mllect the Rents.and agrees that each tenant af the Property shalt pay the Rents to I.ender or
<br /> Lendet's agents. However. Bonower shall receive the Rents until(i)Lender has given Borrower notic�e of default
<br /> pursuant to paragraph 21 of the Security Invtrument and(ii) Ixndar has given nottce to the tenant(s)that the Rents
<br /> ara w b�paid ta i.ender or I.ender's a$ent.Ti�is assignment of Rents+�conatitutes an absotuta esxigtunent a�id nut
<br /> an assignment for adc[itionnl secudty only.
<br /> If Lender glves notice of breach to Borrower:(i) all Rents received by Borrower shall be held by Borrower -
<br /> as trustee for the benefit of L.ender a»ly.to be upplied to the sums secured by the Secudty Insuument;(ii)Leader
<br /> shall be endtled to rnllect and rereive all of the Rente of the Property:(iii)Borrower agrees that each tenant of the
<br /> Property shall pay ell Rents due und unpaid to Lender ar I.ender's agents upon L.ender's written demand to the
<br /> tenent;(iv)unless applicabic Inw provides othenvise, nll Rents coilected by i.ender or Lender's egents shali be -
<br /> applicd fir�t to tho cast9 af taking controi af and mnnagins the Property and collcxting the Rents.including.but
<br /> rtot limited to, uttomey.s' fees. receiver's fecw, Nt�emiums on receiver's bonds. repair und mnintenance costs,
<br /> insurance premlums, taaes, assessments und uther chnrges an thc Property,und then to the sums r�xut+ed by the
<br /> Securiry Instrument;(v)Lender. Lender's ugents ar uny judicfaliy appoineed receiver shall be liuble to acc�aunt fnr
<br /> �ri►iy ti��� Rr�ts ,xtuaiiy r�iv�i: and tvi3 i.e�der �h�ii be Fntitted to ha« a rsc�fver appoiat�d tu tal:a .
<br /> possessian of snd martage the Pmperty and collect the Rents and protlt�dedved from the Property wIthout uny _
<br /> show(r(g as to the i�u�dequacy of the Property as secudty.
<br /> If the Rents of the Property ure not sufficfent to cover the costa of taking control of and managing the
<br /> Property and of collecting the RenGs any funds expended by Lender f�r such purposes shalt become indebtedness
<br /> of Borrower to L.ender secured by the Securlry Insttument pursu�nt to Uniform Covenant 7.
<br /> Borrower repmsents und warrents that Horrower has�ot executed nny prior assignment of the Rents and has
<br /> not and will not perfarm any nct that wouid prevent Lender from exercising its rights under this paragraph.
<br /> Lender. or L.ender's ugents ar u judicially upp�inted receiver. shall not be requirc�to enter upon. take
<br /> control of or maiatain the Property before or after giving natice of default to Horrower. Iiowever. Lender, or
<br /> I.ender's agents or a judicially appointed receiver. may do so at any time when a default occu►s. My applicatlon
<br /> of Rents shall not cure or waive any default or invalidate any other right or remedy of Lender.This assignment of
<br /> Rents of the i'roperty shall tcrminate when all the sums secured by the Secu�lty Inst►ument are paid in fl►Il.
<br /> I. CROSS-DTsFAULT PROVISION.Borrower's default or breach under any note or agreement in which
<br /> L,ender hes an intetest shall be a breach unsier the Security Lnsnument and Lender may invoke any of the remedies -
<br /> pern�itted by the Security Instrument.
<br /> BY SIGIVING BELOW. Borrower accepts and agrees to the terms and provisions containeci in this I-4
<br /> Famify Rider. .
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<br /> Q{W E QQ(JCH -Borrower •Borrower
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<br /> JANH F OOUCH -Bomowcr •eormwcr
<br /> Foem 3170 3193
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