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<br /> -� a.AS9IaNMEI�T OF LEASE9. Upon LsndeT's rcquest,Borrow4�ueshsll aa.sign to Lender aU lc,�se.9 of tho
<br /> U on the�asl��ment,Lender �`°'"
<br /> Ptopecty end all sxurity deposits mada in Gon��ccdoa witS�1:;;:�s;,�04 ih�Pmg�ty. p _
<br />—��o shall have the right to modify.extend or tuminate tl:o exlsdng leages end ta oxccuta new leases,in 1.ender's sole _
<br />�� discredon. As used in this paragrugh a.tho word"lcase" shall mean"subleaso" if tha Sccuriry Instrument is on n _
<br /> leasehold. --
<br />�� H. ASSYGNMENT OH RENTS; APPOINTMENT OF RECEIV�R; LENDIER IN POSSESSIOP+1. .-
<br />-� Borrower sbsolutely&7d unconditionaUy asslgns and trunsfers to Lendcr e11 the rents end revcnucs("Renm")of tho
<br /> __ pmperty,regardlcss of to wham�he Rcnta of the Fro�ty are payublc. �orrower authorizes�,nder or Lender's
<br /> ��� ageats tn collect tha Rents,and agreos that each�enant of the Property shall pay the Rents w I.,�der or Lcnder's
<br />--= agents.However,Borrower shaU reccive tho Rents un�l(i)Lendcr has given Bonower nottca of default�ursuant to
<br /> �_! paragraph 21 of ttto Securiry Instcument and(ii)L�ender has given nodce co tho tenant(s) t�at thn Rents era W ba
<br /> � paid to x„Ender or Lepdu•s agen� This assignment of Rents canstitutcs an absolute assignment and not an
<br /> assignment for additionxl secur3ry only.
<br /> � 1f I�n�ler�ivas nosica af breach to Dorrower:(I)t�ii�Yents received by Borrower shall be held by Bocrower ag
<br /> = irustee for the beaxfat of�.ender anly,to be epplied ta tho sums sestued by the Securiry YnsuumenU(u)Le��de.shatl
<br /> ba enHtkd to colle�t and receive ell of tha Rents of lhe Prnpesty: (iii) BorroNU agr�����°f�B
<br />„�; Propertp shaU pay all Rtms duc az�d unpaid to Ir�ndes or Lendor's ngents ttpcan Lender's wniUen demancl to d�a
<br /> tenant; (iv)uNess appficable law provides o�ise, all Rents collect�ed by Landu or I.ender's agents sha11�o
<br /> applled first w the costs of tnking control of and mt�nnging the Prope�ty and cnllceting the Reiits,including,but not
<br /> llmited to.atiomeys'1'�e�,receiver's fees,premiums on receiver's bonds,re�r.�ir m�d maintonance cost��i.�urance
<br /> - .. preminms, ta�ccs,a4sessmct►ts and other charges an tho Propeny. and then to �he sums sxured by the Security
<br /> Ynstrument;(v}Lendet,Le�►dei's agents or any Judiclally appointed receivex shall tse liabla w account for only those �_
<br /> Renm acu�ally received; and(vi) Le�►du shall be endtled to have a re�xiver eppninted w talce Possession of and
<br /> manege�he Propaty und collect the Rents ana profiis derived faom the Propeny without eny showiaig as 2o the
<br /> — inadcauacy af the ProtxriY as securlty
<br /> , If tl9e Renta of the 1'roperty are not sufficicnt W cover ttu wsts oi rubng con�i a;auu��w�w��i��g ::ti °
<br /> proge�ty a�nd�of colkcdng�ho Rents s►ny funds expended by�enc�er for such purposes shall bocome indtbtedr�css of
<br /> Bocrowrr 2o L,endvr securod by�he Security Insuument piusupnt to IJniform Covens+nt 7.
<br /> Borrdwar rt�re.scnls and wacrants that Hocrowu hes nat�ceeuteti any pdor assignment of the Rents and has
<br /> �. ncst and w�f not pufam any act that wQUld prevent Lender from cxencising its rlghts under ihis paragraph.
<br /> I»ender.or I.ender's agents or�judicially appointod receivra,shaU not be requlrod t,o enter upon�tako aonuo!
<br /> � of a m�intein d�e PmpatY befdre ar aita giving notice of 3efault to Bamwer. Howeva, I�eadar, a Ltnckr's
<br /> agents a a judkutUy eppointed receiver.may cb so at eny time when a default occurs. My application of Rents
<br /> stwll not cure a waivic eny default a invalidato eny oth�x right or eemedy of Lendcr.This assignnxait of Rents of
<br /> tha Proputy ahall terminato when ell the sums socured by thc Sccurity Instn:ment ere paid in fuil.
<br /> I.CROSS•DEFAULT PROVISION. Borcowei's dafnult or brcach under any nota a agramenc in
<br /> — . w���pc��n intu�sc shall be a bre�ch under tha Securaty Instrument and Len�ia muy invoke nny of the
<br />----- remctfirs p�rr►ivai by 1ho Socut�ty InslrumenG �_ _ ,,,, «..,;e:...,o,�,�ainr�in�hiA t-4 Fa�»ly
<br /> — BY 5IONING�k9.V1N,Boaower acccpiv unu a��io 6N�;,,�..�w,..;.....r-_._
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<br /> (50a1) _ (SC81)
<br /> -Dorroyet -Barowor
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