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200208692 <br />. If the Rents of the Property are not sufficient to cover the costs of taking control of and managing the <br />Property and of collecting the Rents any funds expended by Lender for such putposes shall become <br />indebtedness of Borrower to [,ender sec ed bb�� the Se ity Instrumentp ursuairt to Upiform Cov ant 7. <br />Borrower represents and warrants t�tat 6orrower�ias not executed my prior assignment of t re Rents <br />and has not and will not perform any act that would prevent Lender from exercising its rights under this <br />paragraph. <br />Lender, or Lender's agents or a judicially appointed receiver, shall not be regcored to enter upon, <br />take control of or maintain the Property before or after giving notice of default to Borrower. However, <br />Lender, or Lender's agents or ajudicially appointed receiver, may do so at anytime when a defauh occurs. <br />Any application of Rents shall not cure or waive any default or invalidate any other right or remedy of <br />Lender. 'Phis assignment of Rents of the Property shall terminate when all the sums secured by the Security <br />Instrument are paid in full. <br />1. CROSS - DEFAULT PROVISION. Borrower's default or breach under any note or agreement in <br />which Lender has an interest shall be a breach under the Security Instrument and Lender may invoke any of <br />the remedies ig .ited by the Security Instrument. <br />BY 8 PING W W, Borrower accepts and agrees to the terms and provisions contained in this <br />1 -4 Nan <br />(Seal) � � % �PLhQAAPr.., (Seal) <br />GORDON H PEDERSEN - Borrower - Borrower <br />_(Seal) <br />. Borrower <br />. Borrower <br />- Borrower <br />- Borrower <br />- Borrower - Borrower <br />® 97II (980 1) Pone 3 of 3 Form 3170 9190 <br />m <br />