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� A, . ..�art:r ir,.-�....�......�.A.F-� . .l ..t . � .---- .....�-_...._.._. .._. ... . .. .... . . . . ... .� a:t�.�tv..a'.+ww�ta+et�ntt . �I;'' _ �1��;�S:r __ -- - ---- .y� , �95- �OS4�S ' � . '� G.ASSl(31VMEPIT OF LEA9E3.Upon l.cnder's requcst. $orrower sh�ll assign to Lcnder ail ICases of tfio propercy w�d all securlry deposits made fn oonnection with leases of the Punperty. Upon thc ussignment. L,endcr ' sha�l have the right to modify,extend or tcrminate the existing leases and to ezeccete new leases.in Lsndcr's sole atoos+n�r..,Ac ucrd in thta pateatanh[}.the worrl"tease"shall mpan "sublease" if tha Security Insttument is oa a Icasehold. �I. ASSIGNMEN'� OF RIENTS; �PI'UIIVTMEI�T OF RECENER; LENDEA IN POSSE53ION. Bormwer absolutely aad anwnditionaliy assigns snd transfers to Lender all the rents anct revenues("Rents")of . , tfie property� cagerdiess of to whom the Rents of the Property are payable. Borrower authorizes Lender or I.et�der's agents to collect tho Rents. and agrees that each tenant of the Properiy shafl pay the Rents to L.ender or Lendar's ugents. Howevcr.Bomnwer shall rcceivc tha Rents uatil(i)Lender has given Borrowcr nottce oP default pursuant to paragraph 21 of the Securlcy Insm►ment and(ii)Lender has givan notico tu the tenant(s)that tbe Rcnts ' ata to be paid te�L�ender or Lender's egent.This essignmtnt of Rents constltutes an absolute assIgnme�and nat an assignment for acW�!tional�sacurIty only. � If LeMer gives notice of breach w Harrowor:(i)atl Rents�+axived by Borrower shall be held by Borrower As uustce for the beneflt of[.ender only.to be appl{ed to the swns sec:ured by the Securiry Instrument;(lI)Lender ,".��. shnll 6e urtitled W co��fct and rxeive ap of the�tents of the Property:(Ifi)8orrower agcees that e,ach tenant qf the ',. , . Property shall pay all iRents due and unFaid to Lender or i.ender's agents upon Lender's written demand to the tenanr (iv)unless npplicable law provldes otherwlse.alt Rents collected by Lendar or[,ender's agents shal! be appliod�rst Ro the costs of Wkjng control of and managing the 4�rope�ty�and collecting tIie Rents. tncluding.but nat limited to, uttorneys' ftes. receiver's fe.es. premiums on rcxeiver's bonds. repair atx! maintenance oosts, insuraqoe premiums. taxes.assessments and other chcirges on the Property.and then to the sums securai by the Secudty Instrurnent;(v)I.ender,Lender's agents or any judicially appolnted reseiver shall t�e liable to account for .-- - on(y tbnss Reats actupLty recei��d; and (vi) �:�nder si►ali be rntiUrii ta hsv� a rcceivet sppointcd to take .- possession of and matwge tlte Propeny and�otl'ect the Rents ai�d pmfits deriveti ftom tire�rarperty witiwut am+ showing as to ihe inadoquacy of the Property as sccudty. if the Rents of the Property are not su�cient to cover the casus of taking control of and managing the • Property and of coll�ing the R¢nts any funds expended by I.ender for such purposes shatl become lndebtodness �• of Bormwer ao Lendti�.securod by the Secucity Instrument pursuant to Uniform Covenant 7. � Borrower rept+eser.ts and wanantx thai Borrower hes not txecuted any prtor assignment of the Rents end has not a�cf will not pcdoim any act that would prevent Lender from exercising its dghts under this pirag►aph. Lender. or L,ender's agents or a judtctalty appointed receiver. shall not be roqui�+ad co enur upon. teke , contcol of or maintain thn Property bofon or after giving notia of default w Burrower. Howe�er, L.r�►der, or L,ender's agents or a,�udicially appointed recciver.may do so at any time when a default oxurs.My appiiaitian of lttnts sh�ll nc►t euie or waive any default ar invxiidate any ociur rlght or nmody of Lendec.T6is assi�nment of . Rents of che Propecty si�all urmicwUa when atl the sums securod by tha Securiry ins�nt aro p�fd in full. , I.CROS.S-DEFAUL'f�'RqVISIt1N.Borrower'a default or brea�h undor any note or agrtemem in which . Lsnder has an inur�t sball be a b�ach under the Savdty Instrumcnt and Lender may tnvoke any of the remedtes . . ' permtttod by the SoGtxritY Instrument. : • � BY SIGNtNt3 BELOW. Bormwer aaxpts and agrcea Ga the terms and provisions oonta[nai•in 4his 1-+4 �amily Rider. . � _ � — �`.�/ • - . � ,. , „ `/' • (Scal) �� - �°--.== . ' •Sorrowcr . ��R�e!�y -BorrowCr ., _,,, ..�_ � (''aeal) (Seal) � •8o[rowcr •Botrawer , Fam 3170 31Y9 -ti:. . � , ~ _ .. � � . .. _._ _'.'. _ - . -.-.