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<br /> G.ASSqGtti�c f�a Oi fi.Ed9�.Upon Lc-�der's r�t,:°asmret;h:l!�ign tg�*�ei�!t le�ses of the --
<br /> property¢nsi aU security deposits�nade in connec�ion with teasts of the Prvperty. U�an the�signment.Lender
<br /> • s;�{{laave ch�d�t to niadify.ext�Ad or tern�inate the eaiseing lrases�td to execute nzw ieases.in Lender's sale
<br /> disaetina.As used in ihis para;raPh G.�!e wotd"lease`"sh:tli m�n"subie�se"if thc Security Instn�rnQnt is on F
<br /> � u�easehotd.
<br /> ��., H. aS5lGlvibf�NS OF PlENH'St �Ffr�i'!`R�S�I�7'T OF CtECEI1/ER: LE��R.Ii�t PQ,S��IO:V. �,
<br /> Borrowe�a6$otuteSy and unconditio�aally assigns and transfers to Lender u!I thc cents and reven¢es("Reru")of _
<br />-� = the Propercy.regardIess o£ to who� the �ests vf si� Pro�t7; are psya��e. Bormwes authorizes Lsnder vr [
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<br /> � t�ndea's age�ts to caltect i�e�ents.and egrees that each tenant af ths Pmgetty shall pay the Res�ts to Lender or
<br /> Le�er's a�eats. However.Bo�cowe�'sha11 r�ceive the Rents unti!(i)Lrnder has given Barrower notise of defautt
<br /> pur�a*,t to para�raph 21 of the Sesuriry Instrumeat aad(�i)I.endQr has g'+ven nodce to the tenant(s)ti�t the Rerus
<br /> ' axe to be paid to l.ender or Le�er's agent. Tius asignsnent of Rents cansricutes an a6soiute assignment anct aot _
<br /> , �.n ass'sgnment fos additionai security only.
<br /> �� �' If Leaderg�ves aatice of Breach to Boirower.(i)all Rents rtceived by Boxrower shall be held by Borroa�er r-
<br /> ,� , �m��e for the ixnefit of i,end.r only.to be appiied to the sums secured by the Security Insuument;(i�)Ixnder "
<br /> .slfall�ent3ded to collect and recen+e al!of the Rents of the Property:(iii)Borrower ageces that each teaant af the
<br /> ..u gnp�y shall pay afi Rents due and unpa�d to Lender ar L'end,i s agents upon Lender s written dem�nnd to the —
<br /> tenant: (iv) unless applieabte[aw provides et6�+ise.all ltents caltecce�by I.eader or Lender's a�e�ts shall6e _
<br /> applied 6rst ta the oosts of tal4ng c�nnunl of sud mana�ng the PropertY and coltecting the Re�nts.including,6ut
<br /> not I�mit� to. aitomeys fees. receiver's fees, Preusiums an �eeeiver's bands. repair and mainsenance costs.
<br /> Insurance premiwns,taaes.assessme.au and other charges on the Property,and then w the sums s�by the _
<br /> � . Securicy Instnuvent:(v)Lsnder.I.�der`s agenu�r any judiclalty appoint�receiver s6al!6e lis�ble to account for
<br /> • • only those Re¢t��cually raceived; und EYi).��� shal! be emitlea tn have a receiver appointed to t�lce _
<br />' � possession of am�manage the Property an�colteet the Rents sud profits derived iram the Property without any _.
<br /> . sl�.ovv��g as to the ir,adequacy of the Property�securitY• . :,:�--
<br /> . �f the Rents of the Props�y are nat�cient to cover the costs of taldng control of and managtng t� . ,,�`s�"-
<br /> _, g�rtp arx!of collecting the Ida�s any fursr��xPended by Letider for s�ch purposes shatl bacome indebtedrte�s�:; . :..- ,. ;.,t,_.
<br /> � of Borrower to L.ender secured by the�ec�itS�L�sument pursuant to Uu:form Covenant 7. �, �;_
<br /> � • . . �otrower represenu an�v�arrants thgt�imower has not executed any prlor assignment of t�e�.ti�s asr.�Ic�:� r � �' -
<br /> � • � ` •a�t a�A tiviit not perform any�t�at would pnwent f.ender from exercising its righu under this p��„ . .;:�:<<:: ` '.::;��;:_
<br /> .. , � . �:'!�ender.or Lender's a�rs cir a judiciaily appoimed receiver. shall.nnt be c�red ta�ent:il�'�►n, (a��;,,: .
<br /> � ' contral of or maintain 4he F'c;�*gy before or aft�e givj� natice of default to$or��+�-r. Hoi�rever.�L,endsr,o'r.
<br /> • li..eades's agert�o:s�;;�dicialIy'sggointec!r°�ver,may do sa at any tise�vhen a d�fa�lt oecurs..A�f applicadon . . _
<br /> of Rents shall ydvih:s��zs y or waiv�any defa��it a.�invalidate any ather eig�t•qh r.:medy of Lender.Th�.s;s�ignment of
<br /> - � ��.s,of the P�S.�,.�'�-s' hall terc�;.nate wheE aqi r�e sums secured by th��a�rizy Ir.strum,ent sue paid��7a iuH. .
<br /> �'` =-�'.:C'RUS3-D�AUL��',��7DSIOi4i.s�tcuwer's defaalt or brt�c3:��ndes ariy rrcr.�or agreement in whiciz�.;
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<br /> ' ..•:,;, Lr'ri;:er hxs an i�."�st shall6e u breach un�;r:�e Security Insuument ar.d Lea�der ma}+�iavoke any of the remedie�`a...'
<br /> . permitted by t�'.ic-�vsity Instrumeau. . '. . ' .
<br /> � BY SIt3N�� $ELOVII. Borrawer accepts an� agrees to the ic-�and provisions contained.ih this i-4
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