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<br /> a.ASSI(i1VMENT O�LGAS�S. Upon l.endcr's rtquest,Horrowcr shall nssign ta�od�eS'aUmcases�nd r �^+
<br /> property and all sccuriry dcposics made in connocdon with lea�es of the Property.Uno 8 ���
<br /> shail havc�he dght to modify.cxtead or tcrminatc�he existing Icascs and w caccute new lcasrs.in L.cndcr's sc�lc a_..
<br /> dlscretian.As used in d�is paragtaph Ci�the word"Icase"shall�i�ean"sublcasc" if the Sec:urity Insm�ment is on e �����
<br /> leasehoki. ---
<br /> Et. ASSIGNMENT OF RENTSi APPOINTMENT OF RECEIVER; LENDER IN POSSESSIO . �h'
<br /> g�acxp�itrt absolutely and uncondltionaUy asslgns and trcu►sfors to Lcnder all the rents end revenues("Rents")of the __
<br /> FE�rtir x y r,re Eardless of to whom tho Rents of tho PropettY aro payabk.BAttower autt�ori�.es I.ender or Lcnder's _
<br /> n�r.�nt,�bo coUect the Rents,and agrce.q that each tu�ant of th�PtopertY s h a l l PaY t he Ren t s t o L e n d�r or L,endcr's "
<br /> a�an�j.�iowaver,Borrower shall reccive tho Rents until(i)I.ende�f�as g�ven Aarrowcr notire of defatilt P�uant to
<br />_ �13�����21 c[ oicLend's�c�nG This�assignmentvof Rents wnstltutes ane bsolute assl�rmm�tnnn� nat an
<br /> paid',.tra Lend a8
<br /> au5igt.r^ent for addidonal securiry only.
<br /> If Lender givcs norice of breach to Bonower.(I)all Rents aeceived by Borrowcr sfialt be hcld by Borrower as
<br />- tr►�stce for the bcnefit of L�der only.tn be applied w the sums secure8 by the Security Insu�en�(h)��of thc
<br /> �,r3 ent:',^.d ta colI'�t and re�ivo ail �f tho Rents ef the Property; (iii) Borrower egrees `
<br />� p��rnyr shall pay all Ytcnts due nnd unpatd to Lender or I.endcr's agonts upon Lender's writun dtr��zd to th;.
<br />= canant; (iv) unless apPlicable law pmvides otherwise. all Rents colkcted by Y.ender or I..endes's agents shall be
<br /> applied fust ca the costs of taldng control of nnd managing the Property and collocdng thG Rents,in�luding,but not _
<br /> I�AY:.
<br /> lim;ted to,auomeys' fees,receiver's fees,premiums on receivu's bonds,re�lr and maintenance costs.u►swance ^;:'-_
<br />_ premiums� taxes� assessments and mher charges on the Propecty.and Qien to ihe sums secured by the Sceurlty •L;:N-
<br />° Instrument;(v)Lender.Le�►dtr's�gcaits or any judicially appointe+i rcceiva shall bo liable tn accow►t for only thoso ,��_:
<br />- Rents acwaUy received;end(vi) Lcndcr shuU bc entitled to have a receivcr aPlx►iwt th�ut arty showing es to tha =_
<br /> manage t he 1 2 r o p e rt y and colloct tho�tents end pmfit5 deiived from tho Pcopercy �_
<br />� inadequacy of the Property es security.
<br />'`" If the Rents of the Pcoputy ere not sufficient to covu tha costs of talcing control of and mnnagir►8 11►e
<br /> -� �.�.������t�.�nn�rhe Rents any funds eal�ded by x.endar for such pur�wse.9 shall bocome indebudness of
<br /> - gc�t�wer to Lender secured�by the Secudty Insuumenx puseuent w Uniform C�or essi/ em of the Rertts and ha9
<br />� Borrowu rc�resents end watrants that Bonro�ver ha�not exocutcd eny p 8�
<br /> - not and will not ptrtc+nm any ocs that would prevent Lenda from cacercisins its dghts undcr this ParagraPlt. __
<br />� I.�endu.or Len@er's agent�or a judicially ap�winted receiver.shafl nnt be c�cl►�ired to entu upon�take control
<br /> = of or a�alnt�in dx ProI�+�°�''�or���v�g notice of default to Bcxtmwei. Howevu,����R Ls
<br />= agrnts a a judicially appouited r�eceivu.may do so at any tlme when a default occur�.AnY apP
<br /> sl�all not cure o�waivic eny default or invalidat�eny otha right or rcmedy af 1.enda•'X'his t�signment of Rents of
<br /> the Property shall taminate whcn ail the sums sccured by thc Security Instn:ment are paid in fWD.
<br />� I.CRf1SS-DEFAULT PROVISION. Barrow�r's default a brext� unda e�►y note or �gt��t �
<br /> whicli I,ender has en inurest shaU be a breach under tha Security Instrnmec►t and Lender may invoke iu►y of ihe
<br /> remcdies Ix�tmittod�Y the Security InslcumenG
<br /> - BY SYvni"u�iG 8",ai G'.1�a�,-�arrar ecccPts aad°^ !�the RP,ma and pravisions contained In this 1-4 Famlly.
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