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<br /> ` F G.ASSIG.�VMENT OF LEk9SES.Upon Lettder's r�ueat.Borrawei shall a�sign tQ Ixader all leases of the s�`��
<br /> - '�sti�A�`�}::_ �<<. Ftoperty aad all.saxttiry de�posits made'tn cottaection with Ieases of the Ptopesty. Upon t�asgign�nR,t� `;?k:.;
<br /> �����-`��'.�`' ��: s6all have tue right to mo�fy.ext�ad:or t�erminate the existiag leases and tn exeaue new leases.u�L�d�s sot� -
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<br /> ` �"�' disc�oa.As,vsed in tbis pa�agraph C3.the wurd"tease"shati�tean"snb[ease"if tde Security TnsUvment is an
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<br /> �' °F�'` 4 ;� aiessehoid. ` �
<br /> �. � .�° . �. ASSIGNMEN'F OF �ENTS: A@POINTN�NT OF RE�EIVERi LFI�IDER IIV P�BSSFSSI�N.
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<br /> ,.° �`. . Sorrower absojutely mui uncoaditiona]ly assigns az�d aaasfe�s to I.epdee all the rents and reveaues("ttents„)of R
<br /> the pmperty, mgatdIess of to whom the Rents of the Property are payable. Borrower authori�s l.ender or `u
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<br /> -`.•^``='",'.::::�,-� l.cnder�s ageaus w oo}i�t the Rents,�nd a�rees
<br /> "� u��°�-.°�`'. . that each tenam of the PmpertY�Pa3►tue Reats to i.ender or � -
<br /> �:=��`° .Icnde:'s ageuts.I�owever.Borrower shaU ceoeive tbe Rents anW()Lender ha4 givea Borrower aotioe of defautt
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<br /> �;;_=.�`,�'-.::'��°-y: . pnxsuant to patagraph 21 af the 5e�rity Inti�trument and Cn7 t.end�r has givea notice to the tenam(s)d�at the Reats ,�
<br /> � ';:'=`n` - �e w 6e paid w Lender or I.s�der's age�rt.T6is assignme�u of lteats caastimtes aa absolute assigu�at and not � .
<br /> `=.4``�' - ' an assignament fos additianal s�urity anty- .
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<br /> `;;;A��`:,;.:.;,.':t`�� If I.�der gives aatice of breach to Bomower:(i)all Rents seceived by Boaawer sl�aU be held by Barrowe.r �-
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<br /> ,���:�:;::�s::�-4�..;. as hvste�for the HeaeBi of Lendes only.w be agpfied w the smns secu�d by t6e Security I�strnmenG f�al I�nder ..,,.
<br /> '< < -- shsll be eadded to collect and receive all of the R�of the Pro 8� �:
<br /> �; ._ - } .y.', PertY;(b1)Sasrowet a i6at eadt t��aY the V-
<br /> �`'. "```'�.°• Pru slsall pay ali Rents dae and d w Leader or Lender s agenu n�soa Lender's writte�demand w the . _....
<br /> :..,;,;:;:._-.'����%_.'. , PeRY s all unpai
<br /> .°� �. ' tenan��(iv)unisss appKrable iaw pnevi.des otherwise.all Rents coll�ted by Lender or L,�der's agents shall be � ��,
<br /> _,�t.<i�-'t`_te;�::� - '-
<br /> . '�r.,:..,��':'�:�•:;_,r� appiied first w,tite oosts of talang cantrot of and ruaaagiag the Propezty aud collect�ng the Reats.ineltcding,but , .::.�_
<br /> �.�`�;?_--�--'' - not Ilmired w, attomeys' fees. receiver's fees, p�ninms on receiver's bonds, repair and mauuenance costs+ �".Y_.
<br /> � , -= y . �nsivance ptcminms,taxes.ass�ts and otber ctrerges on the[�aPert9,aIId ti�rs w.the snms seau+ea isy the , ° � ` ..-
<br /> '` r'4 r`" Secutity tnguua�t;(v)l.ender.L+e�d agems anY] �S+� �
<br /> ,F;.:,...:.;_' .. ec's or udtciai mted receIver shaU tie liabJe tu accounR.for r
<br /> '�`,;'r`�'�`�:��:;-�`=i'� oA3y 1hOSe ReIIfs ecxuelly reCeived:. end (vi) I.eAdei sl7all be•e,otitle(! Io 6aYe 8 ��ivCT SpjtolAi� EO ieke _;}.'
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<br /> u ; �.�, , ssession of and mattage ttie Property and coitect tAe Rents and profits deriveA fram tlie Pcapesty arithout aay � , � � ,
<br /> t, � ,: r., Po .�
<br /> L ?,ry ., showing as to tbe iAad�uacs+of tbe Piuperty as secarit�►. . -
<br /> , Y-�t �:� I�the Re�ts of�the Progerty are not str�cFent to s,over the oosts of taltin$oontrol af aad�tAe r
<br /> �� ��` ��� -,' Pt+uperty and a�calle�ing the Reats any fitnds expe�ded by I.endet for sucb P�P�es shall become in�ness ' ,� .
<br /> � �; s ;� . of Boccower W i,eader se�viced by the Seearlty tnsuament patsu�at to Unifomt Covenant 7. �. � _-
<br /> " , ' h • Bdrrower represenis and a+arrants that Botrawerltas aot executed ar►Y P�or�iS��t of tQe Retus attd has ;
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<br /> �r�• �' nat and wlll�t perform aay act tha!would prevem Leader fram e�cercising its rfg@ts under tttis patagraph:
<br /> �.4�`L`��-:� � • o i,euder's a ts or a 'udiciall ointed receiver, s4aU not he requiied to e�ter upati.�take �''•,
<br /> 4�. . I.ender, r S� l Y aPP � .
<br /> • wntml of or mairrtain the Property before or aRer giving �otice of default to Borr+nwer. However: Lender.or
<br /> < � ?�� . . Leader's ageats or a jac�claity appoitttea�,r�eiver.may do sa at atty ti�ne when a defadt ocatts.AnS►aPPlic�doa _ � ',
<br /> .-:.r-:.-.:f��� . af R��shaU not aue os waive any defantt or iavalidatate anY other r�ght or remedy of Le�Wer.Thi�as�garnent o f � �'`
<br /> �`4;.'�.� :•. . Re�s of the Pcoperty shaU terminate when aU the sumg s�by the Seauity Inswtmertt are pa�d in�. � .
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<br /> r ' �: . f�CROS�DEFI�UUQ'PR�VISION.Sa�wer's d�f�lt or 6reach urtder any oate or agreem�dn which � , � _.
<br /> r�� n '; ;, Lcnder has an iirterest shall 6e a bre$ch under the Seauity Instnrment aad Lendn may imoke atry of the icmedies
<br /> c,:, � permitt e d by t he S e c u r ity Instcumenw
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<br /> r �� ` , BY�SItiNINCi HBI.OVfi, 8orrower aceepts and agrees w the terms awd provisioaa;eoritained in lhis 1-4• - . � _
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