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<br />200511307 <br /> <br />B. USE OF PROPERTY; COMPLIANCE WITH LAW. Borrower shall not seek, agree to or make <br />a change in the use of the Property or its zoning classification, unless Lender has agreed in writing to the <br />change. Borrower shall comply with all laws, ordinances, regulations and requirements of any governmental <br />body applicable to the Property. <br /> <br />C. SUBORDINATE LIENS. Except as permitted by federal law, Borrower shall not allow any lien <br />inferior to the Security Instrument to be perfected against the Property without Lender's prior written <br />permission. <br /> <br />D. RENT LOSS INSURANCE. Borrower shall maintain insurance against rent loss in addition to the <br />other hazards for which insurance is required by Section 5. <br /> <br />E. "BORROWER'S RIGHT TO REINSTATE" DELETED. Section 19 is deleted. <br /> <br />F. BORROWER'S OCCUPANCY. Unless Lender and Borrower otherwise agree in writing, Section <br />6 concerning Borrower's occupancy of the Property is deleted. <br /> <br />G. ASSIGNMENT OF LEASES. Upon Lender's request after default, Borrower shall assign to <br />Lender all leases of the Property and all security deposits made in connection with leases of the Property. <br />Upon the assignment, Lender shall have the right to modify, extend or terminate the existing leases and to <br />execute new leases, in Lender's sole discretion. As used in this paragraph G, the word "lease" shall mean <br />"sublease" if the Security Instrument is on a leasehold. <br /> <br />H. ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; LENDER IN POSSESSION. <br />Borrower absolutely 8nd unconditionally assigns and transfers to Lender all the rents and revenues ("Rents") <br />of the Property, regardless of to whom the Rents of the Property are payable. Borrower authorizes Lender or <br />Lender's agents to collect the Rents, and agrees that each tenant of the Property shall pay the Rents to Lender <br />or Lender's agents. However, Borrower shall receive the Rents until: (i) Lender has given Borrower notice of <br />default pursuant to Section 22 of the Security Instrument, and (ii) Lender has given notice to the tenant(s) <br />that the Rents are to be paid to Lender or Lender's agent. This assignment of Rents constitutes an absolute <br />assignment and not an assignment for additional security only. <br />If Lender gives notice of default to Borrower: (i) all Rents rt':ceived by Borrower shall be held by <br />Borrower as trustee for the benefit of Lender only, to be applied to the sums secured by the Security <br />Instrument; (ii) Lender shall be entitled to collect and receive all of the Rents of the Property; (iii) <br /> <br />0620066977 <br /> <br />P57R (0105) <br /> <br />Page 2 of 4 <br /> <br />Initials: 41e'~ 7? Itjj , <br />orm 3170 1161 <br />