92102089 - Laserfiche WebLink

Browse

�, .. .,,t. .,:..-�. �tit . . ' . � • '.�� •�� M4{.,, � ' ,�-a_ + � � ttl`f: :�' ._ I�4�f�.i . '�vt,'- .µ�'a . _ ___. . __ . .__—__... , • � � �;��"�� {�� 92-. 10 2 0 8 9 —�.N ,� .�°-''_L��•wY,u —_ -�;;��`' �. Ronts until(i) Lender hw�iven Hmrower nai�e oP defRUlt pursuant to para�raph 2i of the Secu�ity lnapument and(ii) -��: L�r has Qiven notioe to the mnam(s)Uwt the Rcnts ara to bc p�id ta I.ender or Lende�'�a�en� This aai�nmen[of Renta ,_� .;. � coau.itutes an absoluto assignment and not an assi�nment far additional secudry only. � ��`�, n��,��._ . If Lender gives nodco of brcaoh w Borrowcr:(i)�Il Rontt received by Borrower shall be held by Bortower as wsue for � • ��u•:�' ;� the benctit of Lender anly,to be applied to the:ums socured by the Security Instrumen� (il)Lender shal!be enaded to n�;�,:};,:'..��•A." � calloct md�ceive all of the Rentc af the Property:liiil 8ortawer agrcaa Ihat each tenw►t of the Piropeny shall pay all Reats �-- - -�.�-- �"';c�a,'�_�.^'"�!"'E�'�.°' due and unprid to l.ender or Lendarle agenta upon I.ender�written demand to the tenant;(iv)unle�appllcabie law providea �',:.:.:' °• �=��"' othenvl�e. all Rents collected by Lender or Lender's agonu ahull be applied tlrst w the costs of t�icing control of and � :.i:, �..'., •'�t� -� m�na�in�the Property and collocting the Rents.including,but not Ifmited to,attomeyg fces,receiver�fees,premiums on � "' .' �. t�eceiver's bonda.iepair s+nd maintanance costs, insutancc premiums,taxes,asseasments and otLer charges on the Property. � '�'� . .. � .� .� `� and then to the sums securcd by tha 3ecudty InstrumenC(v)Lender. Lender's agents or any judicially appointed receiver � ` , slull 6e liable to acco t for only thase Rents actually received;and(vi)Lender shall be entitled w have a receiver appointed �- •' - to ialco posscssian o�and mana$e the E'roperty ond colkot the Rents and profits derived from the Property without any '.r � . �howing as to t!rc inadequacy of the Property na security. k� " � ' � If Ihe Rents of the Properry ure not suffictent to cover�he costs of taking conaol of and manuging the Property and of ;�..�� • °�. ,• collecting the Rents nny funds expended by Lender for such purposea shall become indebtedness oi Borrower to Lender `'' ^ ° -:��,.::. cecuted by ihe 3xurity Insdument pursuant to Unifortn Qovenant 7. --� �-- ��.. _' :_,.v� .�� Bomower represents and wnn�ants thet Borrower has na1 executed sny prior assignment of ti�e Rents and has not and wiU �"`'�"�"_ : ��:�.,'� ., - - -= � ,,, not perForm any act that wauld prevent Lender from exetcising its rights under this paragrsiph. •: � gr ' Lender,or Lenda's agents o�a judicially appointed nceiver.shall no[be required to enrer upon,take control of or '`�" .. mafntain the Property before or ufter giving notice of dofault to Batrower. However. Lender. or Lender§ agents or a ��'''°""``= • � `° " judicially uppointed receiver,muy da so�t any time when a defuult occurs. Any upplication af Rents shnll not cure or waive =—_- � any default or invalidete any othar�ight or remedy of Lendcr. This assignment of Rents oP�hc property shall tenninate when _. .�-.�-�-a „ ;• " ' eQ the sums securcd by tho Security Inenument siro paid in full. """°"`'�";s� .�.:. " � • ' I.CR03S-DEFAULT PROVi3ION.Borrower�dmfault or breACh under any note or agreemenc in which Lendor has an -'-� . interest shall ba a bnach wider the Securlty Inatrument and Lender may imolce any of the remedies pertnined by the Securlty ��F.� " i�- ' , Lutrument. � . • _ BY S1GMN(3 BELOW.Borrower accepts and agroos to the te�ma sud provisions wntained in this•1-4 Family Rider. " ' '� �� ��_: