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<br /> G.AS5IGN1Vi��iT OF E.BASES. Up�in Lendcr's requcst. Borrower shali i�ssign ta l,ender utt Ie.zses af thc
<br /> Property And ull nccu�ity drposits inadc in connection with Icases of the Property. Upon the:�sfgmnent.Lc;nder
<br /> shall hnvc thc rlght to modify.eatend or tercninute thc existing Icuses und to executc new Icases,in Lender's solc
<br /> discretion..4s uscd in this p�c�gaiph(1.the�vnrd"leasc"shall mcan"subleasc"if the Security tnstrument ix nn
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<br /> a Icaschold.
<br /> H. ASSIGIVMENT OF R�NTS; APPnINTMEN'[' OF Rr:C�YV�it; i���R :t� �r�:iDl�.
<br /> Borrowcr ubsalutely and uncondit�onally assigns t�nd trunsfer�to Lender all the rcnts nnd revenues("Rcnt.s')of
<br /> the Property. regardless of to whom the Rents of thc Property a� payuble. Botrower authorizes Lender or
<br /> 1Lender's agenu to collect the Rents,and ugrees thut euch tenant of the Property shall puy the Rents to Lender or
<br /> Lender's agents.Hotvever,Borrower shall recelve the Rents until(i)Lender has giver�Borrower nodoe af default
<br /> pursuant to parngcziph 2 I of the Secudty Instrument and(ii)Lender hus given notice to the tenantts)thut tiie Rents
<br /> are to be paid to Lender or Lender's agent.This tissignment of Rents constitutes an absolute sissigttment and not
<br /> an asstgnment for additional secudty only.
<br /> If Lender gtves notice of breach to Horcower:(i)ail Rents received by Horrower shall be heid by Bornower
<br /> as trustee for the benefit of Lender only.to be applied ro the sums secured by the Secudty Insuwr►ent;(ii)Lender
<br /> shali be entided to c�llect and receive ail of she Rents oF the Property;(iii)Borrower agrees that each tenant of the
<br /> Progerty shalD pay all Ren�4 due and unpaid to Lender or I.xnder's agents upon I.ender's wdtten demand to the
<br /> tenant;(iv)uniess applicnble law pmvides otherwise.all Rents callected by I.ender or Lender's agents shall be
<br /> applied first to th� costs of taking control of aud marmging the Property and collectfng the Etents. including,but
<br /> not timiQed to. attomeys' feES,receiver's fees. premiums on receiver's bonds, repair and ma�utenance wsts,
<br /> insurance premiums,taxes, nssessments and other charges on the Ifioperty,and then to the sums secu�ed by the
<br /> Secwity Instrumenz:(v)Lemder,L.ender's agents or any judicially appointed�eceiver shall be liuble to account for
<br /> only tho3e Rents actually reaived: and (vi) Ixnder shall be entitled to have a receiver appointed to take
<br /> possession of and manage the Property and collect ihe Rents and profits derived from the Property without any
<br /> showing as to the ia�adequacy of the Property as securiry.
<br /> If the Rents of the Propeny are not sufficient to cover the costs of taking control of and mAnaging the
<br /> Property and of oollecting the Rents any funds expended by L.ender for such pucposes shall bernme indebtedness
<br /> �f Borrower tn l.ender secured tiy the 3ecurity Instrument pursuant to Uniform Cnvenent 7.
<br /> Borrower represents and warrnnts that Borrower has not eaeruted any prior assi�nment of the Rents and has
<br /> aoi and will not perform any act that would prevent Ixnder from exerclsing its rights under this paragraph.
<br /> Lender, or Lender s agents or a judicially aFpointed receiver. shal! not be required to enter upon,take
<br /> controi of or maintain the Property befon or after giving notice of dafault to Barrower. However. Lender, or
<br /> Lender's agents or a judicially appoIated receiver,may do sa at any rime whea a default occurs. Any applicadon
<br /> , of Rems shali not cure nr waive any defautt or inv�liciate any other right or remecly of Lender.This assignment of
<br /> Rents of the Property shall eerminate when all the sums secured 6y the Secudty Instrument are paid tn full.
<br /> I.CROSS-DEFA�ULT PROVISION.Borrower's de�fautt or breach under any note or agreement in which
<br /> Ixader has an interest shall be a breach under the Securlty Instrument and Lender may invoke any of the temcdi+�s
<br /> patmitted by the 5ecurity Instrument.
<br /> BY SIGMNa BEi.OW.Bonower acxept$and agrees to the terms and provisions contained in thSs 1-4
<br /> Family Rider. .
<br /> �/ (Seal) (Seal) � —
<br /> LOY IA�I E -Hortowet -Borrower
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<br /> n-Wil� � (Sesl) (Seal)
<br /> ORALIA D ERIVES -Borrower •Horrowa
<br /> Form 3170 3093
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