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200903622
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Last modified
5/11/2009 4:22:05 PM
Creation date
5/11/2009 4:22:04 PM
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DEEDS
Inst Number
200903622
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<br />t. <br />... <br /> <br />...~ <br />" <br /> <br />-*- <br /> <br />200903622 <br /> <br />for only those Rents actually received; and (vi) Lender shall be entitled to have a receiver appointed to <br />take possession of and manage the Property and collect the Rents and profits derived from the Property <br />without any showing as to the inadequacy of the Property as security. <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 purposes shall become <br />indebtedness of Borrower to Lender secured by the Security Instrument pursuant to Section 9. <br />Borrower represents and warrants that Borrower has not executed any prior assignment of the Rents <br />and has not performed and will not perform, any act that would prevent Lender from exercising its rights <br />under this paragraph. <br />Lender, or Lender's agents or a judicially appointed receiver, shall not be required to enter upon, take <br />control of or maintain the Property before or after giving notice of default to Borrower. However, <br />Lender, or Lender's agents or a judicially appointed receiver, may do so at any time when a default <br />occurs. Any application of Rents shall not cure or waive any default or invalidate any other right or <br />remedy of Lender. This assignment of Rents of the Property shall terminate when all the sums secured <br />by the Security Instrument are paid in full. <br />I. CROSSMDEFAULT 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 <br />of the remedies permitted by the Security Instrument. <br /> <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this I M4 <br />Family Rider. <br /> <br /> <br />~;J~_~~ <br /> <br />(Seal) <br /> <br />-Borrower <br /> <br />(Seal) <br /> <br />(Seal) <br /> <br />-Borrower <br /> <br />-BolTOWer <br /> <br />MULTISTATE 1-4 FAMILY RIDER - Fannie Mae/Freddie Mac Uniform Instrument <br />Form 31701/01 <br />Leser Forms Inc. (800) 446-3555 <br />LFI #FNMA3170 1101 Page 3 of 3 <br />
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