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"' •.z:r,-�•�---•�- <br /> --"� -... -f.�CP. st._�i.-===--z'.: <br /> Ci" <br /> p �_. <br /> �76". ���'C►�7�7 <br /> �;.ASSIQ�NM�:NT Q�4IsAS�S. UNnn Lender's requeht, fsormwcr shall ussign to Le�idcr all Ieascs�if the <br /> Property und ull sccurity dcposits m�dc in conncctiun wi�h leascs af�tl�c Nw1��YIS'• U�10I1 II1C�SSI�,'0111CI11. Lcnder � <br /> shull havc die right tn matify,cx¢encl or tcrniinatc thc existing Icascs and tn execute new Icases, in Lctiidcr's solc <br /> discretion. As uscd in this par�abruph G,the word"Icasc" shall mcan"sublcasc"if thc Sccuriry Instn►ment is on <br /> t�Icnschold. <br /> d�I. ASSICNl11EN'C 01� RENTS; APP�OIP�TMENT OF RECFIVER; L�NDEIEt IN PQSSESSION. <br /> Borrawcr absolutely nnd unconditioiially assigns a�id transfcrs to I.endcr all the rents i�nd revenues("Rcn�s")of <br /> the Praperty, regurdless uf to tivhom thc ltcnts o� die Property arc payabfe. Borroerer uuthorizes [.cndsr or _ <br /> l.ender's agents to collect the Retus,and Raror.s thnt euch tenant of the E'raperty sliall puy ihe Rents to Lender or <br /> Lender's agents.tto�vever,Borrower shall receive the Rents until(i)Lendcr has given Bonower notice of default <br /> pursuunt to paragmpl�21 of tl�e 3esurity Instnm�ent s�nd(ii)Lendcr has given notic�to the tenant(s)that the Rents <br /> arc to be paid to L.endee or l.ender's agent. This atisignment of Rents constitutcs an ubsolute assignment and n�t <br /> an as.�ignment for ndditionul�c:urity only. <br /> If Lender gives nAtice af breuch to Boerower: (i)all Rents received by 8orrow�r.slt�ll be held by Borrower� <br /> as irustee far the b�riefic af Lend�r only,to be appliecl to the sums secu�'ed by the Se:curiry tnstcumeM; (ii)l.e��de� <br /> shall be entiticrl tn collect nitd receive uli of the Rents of tt:e Propeny;(iii)Borrower n�rees that each tenant of the <br /> Fre�,�e�ty shafl pay all Itents du.•e end unpaid to Lendcr or I.endcr's�gents upon[..tnrJ.er.'s written demand to the <br /> ten�.�t; (iv)unless applicablc;l,.r�� provides od►erwise, �1! nents collected by Lcnder v.r 4,cnder's agents shall be <br /> applied first tn the casts af takinb wrztrnl af,ind managing the Propeny and callecting the C�ents.including, but <br /> not limited to, attomeys' fces, raceiver's k%e�s. premiums on receiver's bonds, repair and m2�x::.�ance costs, <br /> insur�nce premiums, taxes, us•.^rssments snu uther charges on the Propact��, and then to the sums siri:red by the <br /> Socurity In�trument;(v)l.ender.,i.ender's agents or any judicfally appoir;od receivPr�'�:'.f be liable to accuunt for <br /> • onty those Rents actually �ti'ceivod; and (vi) Ixnder shal! be entitled to have a ��eciiver appolnted to take <br /> � posscssion of and manage thc Property and collect tl�c Rents and pro6ts dcrived t'rom the Property without�►ny <br /> showin�as to the enadequacy of the Property as security. • <br /> If the Reuts of the Property are nat sufficient to cover u�e costs oi taicinb canirc�i oi u�,r� �;;n��a�;sng :�c <br /> Ptt+perty and of d�ilectinB tlt��:�nts any funds expended by Lender for such purposes�sh�ll bemtne indebtedness - <br /> c�f f66rrower to Lender secui�ed�y the Securiry lnstrum�i�t��tirsuant to Uniform Cc�v�mr,��z 7. <br /> � ' . �Borrower rcpresents and�•t�rrants diat Borrower Itas�at executed any prior asstb*nment vf the Rents and hAS ' <br /> ! ni�t erut will not pc.r�orm uny act thut would prevent L.ender from exercising its eights undcr�this pastigrnph. <br /> ', Lender, or€.ender's agents or a jud�cinity appointed receiver, shall nat be requir�ed to ente; upon, take <br /> oQntrol of or maintain the Property before or after giving noticc of default ta Borrotirzr.. However, i,ender, or <br /> ' I.ender's agents or A jndicially ap�sointed receiver,may do sa at a��y time when a defauit occurs. Any appliratton <br /> of Rents shali not cute or waive any defautt or invalidate any other right or remedy of L.ender.This assignment of <br /> Rents of�fie Property sl�all ternunate when all the sums securerl by the 5ecurity Instrument ure paid in full. <br /> I.CROSS-DF.FAUI.T PROVISION.Botrower's default or breach under any natc or agreement in which <br /> ' l..ender has an interest shall bc u breach undcr the Security Instrument and Lender may invokc any of thc remedles <br /> • permitted by the Security Instrument. � <br />- , BY SIdNING BELUW. l3ortowcr accepts iuiu c,�,zcx, i., ii�c i�:���s a:.3 Y.~............. :..^~•:..^.w! i.^. rh;� �..a <br /> Family Rider. ' � <br /> � ... .. — <br /> � . 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