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.,.:,. „ .. <br /> _-����r�w!�!�!•a.��!��;s _ . - _ .. <br /> � � .. ... � <br /> . . <br /> _1fu�:;=., — <br /> _ _......... ... <br /> ��9 Jr.���1�-'i'y � <br /> V.�SSIGIVA9EIV'f►O1F i.�A.i+ir.�i.Upon Lendcr'�re�yueset.�urruwer sli�ll u�sig+�to L�aKlcr att k;:isc�of thc - <br /> propeny rnd all,seeudty deposits mwde In�bnnectlon with tc�se�of thc E'rbperty. Upon the agsign,ment,. Lender <br /> ehaii havc the right c�modiPy.extend ar terminatc thc cxisting leascs und to execut�new leasea.in L.ende:r's sole <br /> dlscnction. As used in this pangrapt�Ci.the word"leu:e"shall mo�n•'aublease"if thc Socudty Instrument is an ' <br /> A leasehold. <br /> . H. AiSSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; G�IVAER IN PO�SSESSION. <br /> iiorrow¢r absoiutefy and unconditlomliy assigns and trunafers to Letuier all the rents and rnvenucs("RcMS")of . <br /> the Property, regazdless of to whom the Rents of the PropeKy uc psyable. Borrower authorizes Lender or <br /> � Y.ender's tgents ta oollxt ti►e ltents.and egrocs tb�t exh tenu�t of the Property shall p�►y the Rents to I.ander or <br /> Lender`s agents.�Iowever,AoRawer sh�ll reaive thc Rente undl(i) La►dcr h�s glvcn Bo�rower notla of defiult � <br /> purswnt to p�r�graph 21 of tha Secudty Instnunent and(ii)Lender hsis gIven notia to the c�runt(s)that the Rents <br /> •. ar�a to be pai�to Lender ar I.ender's agtnt. This aasignment of Rents constitutcs an absotute asslgnment and not <br /> an essigoma►t for tdditlonal security only. , . <br /> If Lendcr gives notia of bneach to Sorrower:(i)nll Renta reaived by BQrnower shall be held by Bflrrower ,, <br /> � �s uusta for the benefit of Lender only,to bo appliod to the sums sacund by t�e�Sccurity InsuumeM:(ii)Lender �� <br /> " stwll be entiUat to aQllett and roccivc ull of the Rents of the PropeYiy:(fii)Bomower agr�es that each tenxnt of the <br /> Pmpezty sh�ll pty all�tentg due xrd unp�►id to Lender or l.ender's egents upan Lender's wdtten Aem�M W the� �� <br /> tcnant; (iv)unlesa s�llc�ble taw provides otherwise,a�l Rents callectal by l�e�nder or Lendtr's agents sh�ll be <br /> epplied�irst to the oosts of taking conaol of w�d managjng tl�e l�toperiy snd ooliecting tbe Rents.ia�cluding,but ; <br /> nol liniited u�. attomoys' fcjes, t+eccivtr's fees. premiuros on t�ecoivet's bonds, repuit �td maintenana costs. <br /> fnsura�xae premiums.taxes, assessments and other charges on tha Pc�opecty.and then to the sums sacurod by the <br /> Socurity�nsteument;(v)�.ender.Lcnder's agents ar any.judicielly appointed neoeWCr shail be fiable to aoCount far '� <br /> • oniy tlwse itents act�ally r+aetvod; and (vi) I.eader shail ba entidtd to have a reaeiver appou�tod'to tak,e <br /> ------...__ ... . 1?�scssTop,of_and,nwnago the ProQerty end callect tlu Rents and pnofita d�rivod from the Property w►thout any <br /> _- - -- - _ __...._. <br /> s�wwin ws to t�o i - u�c of the - - es sec�iri . -- - - - - -- <br /> � �� If..the ReMs o�f�the Pnoperty a�re not sufticient to carver the costs of taking control of and mut�ging the �. <br /> � Propeisy and of caltading tho Rents�ny funds expended by [,�nder fo�such purposes ahelt bococne ipdebtodness" <br /> � of Borrower to I,.��tic�er securod by the Saurlry Instnu�xnt pursuant to Unifom�Covenaot 7. . . <br /> �Durrower repi+csents and warrants that Borrnwer hss not exccutod any prior assigruneat of the Itcnt�and has <br /> no�attd will not perform eny siot th�tt woutd preveat i.ender from exercising its rights uc�dtr this par�graph. <br /> . r.enclGr. or.�.,et�r's agents or a jadiSially appointed rocelver. shal!not bo nequired to ea�er upon. tako , <br /> mntro]of or rnaiat�in the�'roperty btforo�br after giving notica of slcfuUlt to Sorrower. Howevor,.I�etider, or <br /> Ltnder's agenca�or a judicially apAointod rKaiver,may do sa at.any timG vuheµa defwlt oava. Any y�pii�stIon <br /> of Rent,�si�Ji noC cure or waive stny def�uit or inv�lid�uo ou►y othcr r�ght or cemedy of I.endcr.This assigntncnt of � <br /> • RGnts+of thc Pmperty sA�ll termin�te wh�n�II the sumc secpred by the Sxudty Instruman are paid in fulk: <br /> i.CR05S-DEFAULT PROVISI011i.Borrowa's default or bt+dch:under xny note�ar sgt�eea�eet ie�vhiich ' , <br /> Genda�h�a an��rer�st�il rie a 6�sach undcr the Securit,y[nstrument and��,:end��r may�imoi�e any of the ianod'ies ` . . , <br /> petrniued by tht u�ecudty Insttwment. �;. . ° <br /> A'Y SI¢N1NQ'BELOW. Borrower sacepts And agroes W the. tertns ard provi�ions a►nuined�trt this I-4 <br /> F�i4y Rickr. � . , . <br /> . ,. . <br /> .� ' ' (Stal) ' , (�1) , ' .. <br /> . �$$ � •Borrowtr -earrower „ , „ <br /> . 0` � -�i _(Seal) (�i) , <br /> L !� E?IY NE •Rorrower -Bormwer <br /> . fort�9170 9/93 " . <br /> ., . .a <br />