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. *;�;,��,....:r � �:lYI� /�Ier...rF� - .. . - '•'�1�{�f'�iw.�. ' . ,. ..�•.:�`3li .. _ . . . ��'.. - . _ _ _. ...._ . , � .. ..,:. • y,.e /. __ __ ' . _ " �� ' ��VJ�.�� _...._ . ._ .. . . .. . ... . . _ . ��r Y� . . 1 • G.AS.RIGfNM�NT OF I.EA9FS.[Jpon Lender's rcquc�t.Bonower shall assign to[.ender atl leascs of thc Property und all socudty deposhs mude in connection with teases of the Property. Upon the assignment.I.ender shgll havc thc right to madify,oatend or terminate Ihe cxisting leases anc!to execute new leases, in i.et►dtr's solc discretion.As used#n this patngrnp�6*the wo�d"I�ase"sha11 r.�an"sublease"if the Securiry Iastrument is on A leasehold. � , � �I. A3SIGNMENT OF RENTSi APPOINTMENT t)F AECEIYGR; L�NpER IN I'�5SESSIAN. Borra�wer absolutely s�ci unceml{t�ot�aliy assfgn5 and trsasfers ta Lender all the rents end revenues("RPnrB")af • . the Pmperty, regardless of to whom the Kents of che l'ropesty are payabte. Sorrower authorl�es L.znder or L.cndor's agents ta colixt the Rents,and ugras that each tenant of the Property shatl pay the Rents to Lender or I.ender's ageau.However.Borrowtr shall receiva the Rents until(i)I.eader has given Borrower notica of Qefauit pursuant to paragraph 21 of.the Secudty Instrument and(1i) i.ender has given notice to thc«nant(s)that the Rents ,. are to be paid to Gender or Lender's agent.This assignment of Renu cansututes an absolute assignment and not an assfgnm�nt fot addltlonal security onty. If I.ender glves notice uf breach ta Borrower. (i) all Rents received by Borrower shall b�hotd by Borrawer as trustee for the benefit of L.ender only.to be appiied to the sums secured by the Secndty Instrument;(ii)i.ender ' shsll bs endNed to copect and receive all of the Rents of the Pmperty:(iii�Borrower agrass that each tenant af the Property shail pay ull Renta due and unpaid to Lender ur Lender's agents upon l.ender's written demand ta the tenant: (iv)u�eless applicable law pmvides otherwjse, al!Rents wl[ected by Lender or C.ender's sgenes shall be applied first ro the costs of taking conuol uf and managing the Property and collectir�g the Itents,including,but rtot limitod to. attomeys' fees, rc�ce[ver's fees. pnmiums on receiver's bonds. repair and maintenance oosts. ' insunuxe premiums.taxes,essessments and other charges on tho Property,and then to the sums s�ured by the Sxurity Instrument;(v)Lender,L.ender's ngents ar any Judicially nppolated receiver shali be li�ble ta uccount for only those Rents uctually reaeived; and (vi) Lender ehall be entitled to have a �eceever appointed to take ssessio�of and mana e the Pro rt and collect the Rents and roflts derived tmm the� witf►out '- P� 8 P� Y, P �P�Y �Y.. showIng as to the inadequxy af the Property as security. . If the Rents of the Pr�perty are not sufficlent to covet trie oosts of taking uantrol of and managing th� Pmperty and of rnllcxting the Rents any funds expencted.by Lender for such purposes ahall.become irxiebteTLxss of Borrower to i.ender secured by the Security Jnsuvment pursuant to Uniform Covenant 7. '.� '1l3orroweF represents and warrants that Borrower h8s not exccuted any prior assignment of the Rents and has ' , r�ot and will not perform any act that would prevent I.ender from eacercisfng its rights unckr this paragraph. � . I,ander. or i.ender.'s agents or a judiclally sppqinted reoeiver. shall not be t�equic�ed to enter upon, take vontro!of or meintain the Ehupar�ty before or after giving notia of default to Borcawer. However. 3.ender, or „ �.ender's egents or�judicfalty appointcd receiver. may do so at any t�ime.when a default.accurs.My opplirazian of Rents shalf not cure or waive any default or invalidate any othet right nr rcmaly of Lender.'fhis assignment of ' • Rents of the Property shall terminate when ail the s�uns secumd by the Socurity[nstrurnem are patd in full. I.CA06S�DEFAULT i'AUVISION.Borrower's defAUlt or breach under az►y note or agreement in w�ch - �� . Lender has an interest shal!be a breacP�under the 3ecurity Instrument and I.ender may invoke any of the rcr�xdies ' . permitted by theSecurity xpatrument. � , ' . • BY Sl(3NlNG BEL(?W� Barrower:accepcs and, a�,�rees to the terms and pmvisEons cofdaluod in this 1-4 , �atit►ify RlQer.` . ' , - L.. ' _. . . � . '. . " � Y .� - . � . \uGY�� I Q FA�MLEN •Borro�ver �-eorrower � • � tseal} � ' (seat3 •Bonuacr� . -Borrower • ,, Fortn 3170 3f@3 -_ g - .- - .