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� <br /> � � ......_____ .�___ _ ._. -_ �� ��_ <br /> _ _ ._..__. __..'�.._. -. ... . . � y-cw ' �. <br /> �i��:-•.�::-:.�s_ .. .��._ �r........_, .� ..._ .... .�..+r-......a..{v.�,•.�.f...�.. c,r..r.., ... . . . , .. ."a �'+J�..r3+1r - <br /> .. .,._, <br /> .. <br /> / �'�y ..AIi�:���.r..J.:` ".` .._.�_�.�.....��cw....� ��� _ _ — �.. __�� .. ..._ ".__.. _.__.J.. <br /> �SIS!J1y��____ _" _ _ _ .��li:-� — __. ..—_._..__—._._._. . <br /> 96- YU ` . !� - <br /> G.A5.�IG{�ti1F.hT UE I.�AS�S. llpun [xnier'�:request. Bc►rrow•cr cha11 usiKn tu l.c�kter�11 lease.+uf thc <br /> P;ap;rty;ux!:.Jt s:.urit}• d:�usita nude in rniu�tion witlt le�cs nf the i��y�eny.Upun the;��:,ignmcnt, l.c:ndcr _ <br /> shall tw+•e the cight tu nxxiify.cxtCn:i ur i4iuti�w(� iiw u�iai'„-� :�s;.�.d ta cx:.u;c. r,::•k«-•�.:, in[�nder'� �ole _ <br /> disrretion. Ac wed in this paraYrapt�G,t1u a•ord"leayc" shal! mean"aublwe" i(tiu Sawity in.iiuukot is un <br /> u lcautu�ld. <br /> H. AS�iGNA1fitiT (!F RENTS; APi'�UIti1'N1kN 1' UF 1tEe�i�'E�P.: I.ENDr3t iN PasSESS�.'}�i. <br /> Bormw•er abw�lutely sutd unc��aditionaUy aa.dg��::aixl tcansfen ta l..encler ull the rcnts and revenucs i"Rents"►af <br /> tl►e Property, regardless of to whom the Rents of the Property am payable. &urower authorizes Lender ar <br /> Lender's ugents to coltect the Rents, and ttgtees that each ten�nt of the Ptoperty shall pay the Rents to L.ender or <br /> Lcnder's�ents.How•ever,Borrow•es shall n�eive the Rents until(i)Leixie�has given Borrower notice of default <br /> purw�ru to par.�raph 3 f of the Securit��Instn�nxnt and(ii)Lender has given noti�cu the ten�nt(s)tlwt the Rents <br /> tue to be paid ta Leixler ur l.ender's agent. This assigcu�unt of Reaus constitutes an absolute assignmenc and nac <br /> ap assignment for additional security only. <br /> If Lerxler oi�•es notice of breach to Bonower. (i) all Rents receivai by Sarmwer shall be lutd by Bormow�er <br /> ae tnistee fo�the l�e�efit of i.e�xier only.to be appi:ed to tt►e surtu secured by the Secutity lnstrumetu:(ii)Lender <br /> shall be entided to colle�i and receive�II af the Kents ot tltie Nropeny:tiiil�rrow•er agreea�iisi e:w:i�ic��c,ii uf i� <br /> Prc�perty st�all pay all Rents due and unpaid to Lender or Lender's ugents upan Ler►der's written demznd ta the <br /> tenant; (ivl unless applicable law provides othenvise, aU Rents wilected by Lender or Lender's agents shall be <br /> apPlied first ta the casts �f tsking control of and managing the Propeny and collecting the Renu, including,but <br /> not limited to, attomeys' fees. n.ceir•er's fecs, pre,niuuu uu 1'�:2IV2i S bo�ds, rpair an� mainssss.vx.^e co:ss, <br /> insucu�ce premiums,taxes.:�ssessments and other chuges on the Property.and then to the sums secured by the <br /> Sacurity instrument:(v) L.ender,Lender's agents or any judicially appointtd receiver shall be liuble to xc.�ount for <br /> only those Rems actwzlly receiced: and (tiil Lender shall be entitled to hsve a receiver appointed to take <br /> possession of and manage the Property atul collect the Rents a»d profits derivcd fiom the Propeny without any <br /> slwwing as to the inaclec;uxy of the Pmpeny as seeurity. <br /> If t1�e Rents of the Property are not sufficient to cnver the rnsts of taking control of and inanaging the <br /> property ard of mUecting the Rents any funds ezpencled by Lender for such purposes st�all become ind�btedness <br /> of Borrower to Lender secured by the Securiry instrument pursuant to Uniform Covenant 7. <br /> Bomower represents and warcants that Bonower has not cxecuted any prior assiga�r,y:nt of the Rents and has <br /> nat aad wi0 nat perf'orm any act that woald prevent I.ender from exercisin�its rights u�rr this paragraph. <br /> Lender, or�ender's agents or a judicially appoinud receiver, shall rat be required to enter upon, t�1ce <br /> contro!of or cc:uatain the Propeny befarc or aRer giving notice of detwlt to Borrower. However, Lender,or <br /> [�nder's�gents or�jud'ui�11�r�paiiued receiver, may do so at any time when a default occurs.Any application <br /> ot Rrnts sha11 not cure or waive any default or invalidate isry other right or rcmedy of Leoder.This asslg�t off <br /> -- --- � KR1IS Of tlse l'RS�eriysf�3i iemtinate wne�t aii i�x suttu xxwte+i'vy vic Sw.uiii�ii.;iiu.iw.'s:tv�,::3 i:�F�=. - -�- - <br /> 1.CROSS-DEFAULT PROVISION.Ei�rtowu's default or breach ucxier any note or agrxntent in which <br /> L.ender has an interest shall be a bmach under the Sea►rity Inurument and L.ender may invokc any of the reme�ies <br /> permitted by the Sewrity Instrunxnt. <br /> BY SIGNMG BELOW, Borrower accepts and agrees to the temLS uW provisiatLS con�»ned in tliis 1-4 • <br /> Fatniiy Ri r. , <br /> (Seal) (S�) <br /> (��I��� -sottoWer -� <br /> ` ) ($C8�) <br /> L OVERSTREET-GARTNF� -Eorcower •Bocrower <br /> Form 3170 3193 <br /> i• F�t.� � <br /> ' � . <br /> ♦ <br /> • <br /> -�_._,.�.�.�.wwxvx�t�yr.rji�-_ <br /> -�-��a�`$�1���- <br /> __-�-�u:='ffe.Y'�'^.��— --__=-- _ — — —_ — <br /> __ � ______--°_•������'o�RTii:.r_-.A-a�E._._� —_ . — <br /> _--- --���'.S::tiGd7�'-:.� <br /> _--__—_-='����ii��a�,,�tr�. ��RiT- _.._ ��..Y. <br /> �_-:�.�� �t� 7u�'a�wW��a-�o---- <br /> ��_-,�. ---- '° . <br /> __ . ��. ��rs� M "_ -__ _ __ —__ -__ _ -- —_._ <br /> ��?'a���,a`.'�'�i����.�'���`S'.�?�.�����.d��`i,��a''��,.t� - - - <br />