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. - t9 5-� ��789� G.ASSIGI�MENT OF LEASES. Upon Lender's request, Borrower shall assign to Lend�er all leases of the Property and all secwity depcs�ts made in connection with leases of the Property.Upon the assignment, L�ndc shall have the right to modify, eatend or t�rminate the r,acisting kases and to execute new kasrs, in Lendu's sole di�cxetian. �1s uscxi in thi,s paragra� G. the word "lease" stiall mean "sub�ase" if the Secnrity Insuument is on a leasehold. a H. ASSIGNMENT �F RENTS; APPOIN'd'MENT OF RECEIVER; LENDER IN TOSSFSSION. Borrower absalutely and uncondicionally assigns and transfers to L.encler aIl the rents and revenues("Ra�ts")of the Prapezty, regardless of to whom the Rents of the Property are payable. Borrower authorizes Leader or Lender'� agents to collect the Rents, and agrees that each te�ant of the Pro�ty shall pay the Rents to Lender or Lender's agents.�iowever.B�rowu shall receive the Reats until(i)L.ender has givt.�Borrower noti�e of default pursuant w ' paragragh 21 of the Se�urity Instrumenc and (n� Ti..ender has given notice tio che t«�ant(s) thac the Renrs are [a be paid to Lerader or Lender's agen� This a�signment of Rents constituoes an absolute assignmeat and not an assignment for additional security only. If L,ender gives natice of breach to Borrower:(i)all Rents receivcd by Borrower s�hall t+e heid by Borroaer as trustee for the bene�t o[Lender only,to be apglied w the sums�curai by the Security Instzumen�(ii)Lender shall be entided to callect and receive all of the Re.��c of the Property; (iii) Borrower agrees that each tenant of the Property shall pay all Rents due and unpaid to Lender or Lender's �gents upon LL.e�der's wriuen demand to the tenant; (iv) unless appGcable law provides otherwise, all Rents collected by Lendtr or Lender's agents shall be applied f9rst►.o the costs of taScing control 4f and manag:,^.g the Prapertp and coilec�g t�e Rents.including,but not limited to, au�omeys' fees, receiver's�fees, pre.cniums on receiver's bonds, repait and maintenance eosts, insurence premiums, taues, ass�ssments and other charges on the Property, and then to the sums se�ured by the Security Inswment; (v)L,ender,Ler►der's ag,ents or any judiciallY a�.-�inted receiver shall be liabk to account for oniy those Rents act�ially received; and (vi) Lender shall be entitled to have a re�eiver appointed tA tako possession of and manage the Property and collect the Rents and pr�fits derived from the Property withoUt any showing as ro the inadequac�+of the Property as security. If the Rents of the Property are not sufficient to covu the costs of taking control of �nd managing tha Fropexty a;id of collecting the R�nts any funds eapended by Lender for such purposes shall become indebtedness of Borrower t�Irender secured by the Security Instrument pursuant to Uniform Covenant 7. Borrcwer repre�sents and warrants that Borrower has not exxut�ed ar+y prior axsignment of the Rents and has not and wi11 not perform any act that would prevent Lender from exercising its rights under chis paragraph. Lr.nder, o-L.ender's agents or a judicially�ppoint�d receiver,shall not be r�quired to enter upon,take control of or maintain the Property before or after giving nopce of default to Borrower. However. Lender, or Lender's agents or a judicialIy appointed receiva, may do so at any time when a default occurs. Any appticadon of Rents shall not cwc or waive any default or invaiidate any other right or remedy of Lender.This assigncnent of Ren�s of the Prop�ty sh,itl�rrninate when all the siuns secw�ed by the Securiry Insavment are paid in full. 1.CROSS-DEFAULT PROVISION. Borrower's default or breach undet any notc or agreemer:t in which I.ender has an interest shall be a brrach under the Security Instrument and Lender may invoke any of the remedies permiued by the Security Instrumc.,nt BY SIGNII+IG BELAW,Berrewer accepts and agrees w the terms and provisions contained in this 1-4 Family Rici�r. - �\,� ) . �_��0.� �c:�� S�) fSeal) BFiEILA R HUL�ME -Bortower -Borrower �S�) (Seel) -Borroaer -Bortow�er ,(�'0-57 sosoty Pap.z ot z FotYn 3170�/�� , ; r .