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<br /> '��t�Y Y' � Rents undl(i)Lender Iws given Bortower notice of default pursuent to ptuo�raph 21 of the Securiry Instrument and(ii)
<br /> �y '� Lender hu�iven notice to the teaant(s)�Iwt tha Rents are to be peid to Lender or Lenderl��ant. This wsi�nmenc of�-nIs
<br /> �' �'���������,h+ consdtuta An absolute assi ent and not An swsi ment for additionul xcuriry oNy.
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<br /> �,,,:<� If l,ender�ivas noticc of breach to Borrower:(i)all Renta rcceived by Borrower shall be held by Bo�rower as trustee fa
<br /> 3._ -°- '-'- the benefit of Lender anly, to be applicd ta the nums eecurcd by the 3ecurity Instrumcm: (ii)l.ender shall be enrided to ���___
<br /> ��`�`�`'�"`�`=+`+?•l•��°d call�xt and teccive�II of the Rents of the greea that each anant of the Pro shall pay alt Rcnts
<br /> a.: ".;� Property:(iii)Borrower o p�Y
<br /> �`'`�'"�" . �•°, due nnd unpaid to Lender or Lendcr'§ogents upon Lender�a written demand w the tenont;(lv)unless applicable law provides
<br /> �'��,.�;�;��,�.� otherwise,aU Rents collected by Lender or l,ender's agents shall be applied R�at to the costs of r�lcing contro! of and -_
<br />��°' t °�`� '� managing the Property and collec8ng the Rents.including.but not timited to.attorneyh tees,receiver's fees,prerniums on
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<br /> ' ""• � t�` � receiverS�bonds,repeir and malntenance costs,insurance premiums. Wxes,assessments and other charges on the Property,
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<br /> ='�`•�-�-� *� ��• end then ro the sums secuKd by the Securiry Insuvmen� (v)Lender,L.ender's agents or any judicially appointed receiver
<br />� � '' ahall be liwblc w acco t for only those Rents actualty received;and(vi)Lender shaU be entitkd to huve a receiver appointed -
<br /> t� � � . , • „ to take poasession o�and manage the Property and collect the Rents and profits derived from�he Property without any
<br />` showing es to the Iriadeyuacy of the Property as securiry.
<br /> ts ° ° ` .,, � If the Renta of the Property are not sufficient ro cover the costs of taking control of and maneging the Property and of
<br />�6 ...;, b�.. collecting the Rents eny funds expended by Lender for such purposes shall become indebtedness of Borrower to Leader _._
<br /> • '� �'� ��' �ecured b the Securi Instcument ursuant to U�ifarm Covenant 7.
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<br />};-; -,, �f:�:'-• »�=�-.'°` ' Horrower represents and wertants that Borrower has not executed any pdor assignment of the Rents and Mas not and wW � _
<br /> �:r ' , " not perform any act that would prevent Lender from exercising its rights under�is paregroph. _._.:
<br /> � Lender, or Lender's agents or a judiclally appointed rcceiver, shall nat be required to enter upon,tnke canaol of or _
<br /> ';• . ' maintaL�the Pcoperty before or after giving notice of default to Borrower. However, Lender,or l.ender's ngents or a _-
<br /> ."" `' � � udlciall a inted receiver,ma do so at an time when a default occurs. My applicsuion of Rents shall not cure or waive --
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<br /> � �• any default or invalidate any other�ight or nmedy of Lender. This assignment of Rents of the Property shall terminate when
<br /> � �Il the aums secured by the Securiry Inswment ere paid in full. �
<br /> � 1.CROSS�DEFAULT PROVISION.Borrower's default or breach under an note or agreement in which Lender has en �_-----
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<br /> . . „"' , interest shall be a brcach under the Security Instrument wnd Lender may in e any the remedies permitted by the Security
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<br /> — BY SIGNlNfl BELOW.Bo:rotva accepts snd agnes to the :and pmvis na crn ' ed thi Rider. ___
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