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���� .�i':r. r.;;•.r.r " .... . .:q;S:i1��: ,. ����'Y c,�r� _ <br /> 411� <br /> .. � ~.....:._.Ytr•...-L�s u. � ' . .. . _._'—'_—_ �___._-'- ____ . <br /> _ �ij,?.:�j4.�1:. .. . . . . , .� ' _ —__ ''--'_ ——_ . <br /> [.,. <br /> 9fi� �436l�11 <br /> Gl.ASSIGNMENT OF LEA�FS. Upon I.encicr's rcquest,Horrawcr shall e+ssign to l.tnder all leases of tha <br /> Pmperty end all sccurity deposiu mada in connocdon with kases of tha Property.Upon tho aasignmenti I.ender <br /> si�all ha�e thc right to madifY.rxt'nd�r�m►inate Ihe existing Icases and to exocute ncw teasrs.ln Lender's solo <br /> dlsceetion.As used in this pnrngrapn�.�he wu�u"t�;;' sh�t:s:s.�a: "��b�!�!Qo^ •f rhe Security Inswment is on a <br /> • leasehold. <br /> H. ASSiGNMENT OF RENTSi APRCIINTMEN'C UF RECEIVER; LENDER IN NOSSE93IUN. <br /> Boirower absolut�ly and uncondidonally as.aigns and transFers to Lend,r all the rcnts and revcnues("RenGS")of thc <br /> pcopc:ty,regardless af to whom the Rents of the Property arc payablc.Borrower authorius Lender oi�l.ender's <br /> agants to collect the Rents,and t�rees thxt each tena�it af the Prc�perty sha11 pay the Rents to L.endct or L.endei's <br /> agentv,How�ver.Borrower�hall reCeiva the Rents unlit(i)Lendu has given Borrower notico oY default pursuant to <br /> paragraph 21 of the Security Insnumcnt and(ii)Lendu has gtvep nodco ta the tenant(s)that thc Rents nrc to be <br /> �aid a I.enekx oe I.endu's agent. This essignment of R�nts cansritutes an absolute assignment and not sn <br /> assignmcnt far addidonal socurity anly. <br /> If Lend«gives notice of breach to Borrowa:(i)all Rents received b��ortowec shal!be hald by Borrowu a9 <br /> trustec for thc benefit of I.endes on�y,to bo epPlied to tha sums saurcd by the Sxurity Instn�ment;(ii)L.ender shall <br /> be entitled to wllect and r�lve a110;the f:cnts af Ihe PmF:�rly: (ili) Bvnnwe,r agrees that each tenant of the <br /> property sh3ll pay aU Renis due and uripald to Lendcr ar Lender's agents upon I.ender's wrltten dr,mand to the <br /> t�nant; (iv) unless applicable law provides othcrwise,all Ruets collecced 6y 1�atder or Lender's agent�stta�l ba <br /> applied firsR to ihe costs oi tafdng canfrol of and managing the Pronerty and collecting tha Rcnts�3ncludiag,but not <br /> limiud to,attomeys' fees,mceivu's fxs,premiums on receiver's bonds,repair and maintenanco costs�lnsw�nc° <br /> {xemiums.taxes, asscssxnents and other charges on the Pro�.�i�����le to sc�ount for only those <br /> Instrument;(v)1.rxidu,Lenda's agents or any judiciaUy appo 1on of and <br /> Rents acWr11Y received:And(vl)Lender ahall be endQed w huvo a rxeiva a�winted to take posaess <br /> rnan�ge the ProputY and collxt tho Rents and proCp duived from thc Property withnut any showing as to tho <br /> inadequscy of the�'ropcttY as sac�uity. <br /> If Ihc Rents of tha Pmpary �ae no► sufficient w covu tha casts of talcing cona�l of and mwwqln8�ho <br /> t`�ropa�ry�d vi u,�k:,��g i.�:::�ssts atty f:znssL•t��•�!hy r rnArr fnr wch aurno�es shall becoma indebtedttesa of � <br /> Borrower to Y.�nder sxured by the Secu�iry Lnstrumertt pursuAnt ta i7ni[am Cov�t 7.ment of tha ltenu and has <br /> Sam�wu represr,�ts anc!x�arcants that Horrowet has rAt executed�nY P� 6n <br /> t►ot and wiU not pcxform any act that would prevent I.endu from eaerci�ir►g ib righta under this p�rAgraph. <br /> L,enda�or I.onder's aaencs or a jud�cially appointod receiva.shall not be required to enter upon.take control <br /> of or maintaln the Pmpaty be[ure or afux giving nodce of defnult w Bocxuwer.Howeva,Lenda. a Lenda'9 <br /> pgenu a a jodicialty appoinud rxelver,may do so at any ti�'►e wha�e ckfiult oecurs.Any applicatior►of�tai�i <br /> stuU rwt cura or waive my defiwit a inv�lidatc�ny atha dght a ranody of Lender.Tfiis auignma�t oF Ra�b of <br /> the propaty shal!cerminate when all the sums secuced by tha Socuriey Instrnma►t aro Pald in full. <br /> I.C[tOSS•dENA1JLT PROV[SION. Horrowcr's default or breact► undu +►nY note a aKrama►� in <br /> which I.�nder hsu a►intaest shnll be s breach unck,r tha 5acurity Instrumrnt and Lenda may in�oke�ny of the <br /> rernedks petmiped by the SeCtuity Insuurnett4 <br /> HY SIGNING SFJAW�Borrower accepts and agrees to thr t�rxma and provisions contain�d in�his 1-4 Funily <br /> Rider. <br /> �—��.�.�1,�,-- __ _(Seal) L'�16����./.�!-- (5a1) <br /> ROD L SON �Borrower DONNA R CARLSON •Borcow�r <br /> (SC81) -- -- (Seil) <br /> � ~ •Hormwer •Hortower <br /> � <br /> (�•S7 i0]041�01 Pip�2o19 •� FOiN1S��/S.1 <br />