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1�` . •-.r IYI�r��1trPM� <br /> � 1..J���� � � <br /> � � • . � _ir .--`: -. <br /> �+ <br /> . ____ , - <br /> r�n A " - .�.'��.;���. �� ^VL.Tr�n '..�' _.fC..: .. <br /> :..y�.. _ . � <br /> . . !�1� <br /> i <br /> • <br /> , `S:' , ... -. .. • �r1f�•i�r.r ?"f+•':� �-" <br /> '-----_.�. • .� �.- -- _�r. ..r_�._. _ .r ..�:.. <br />._�:.,,------- ---__—=ve:F.�.—..�---- — - .._-��..,.._•��-�-� <br /> i a � <br />'-_'-4---�_-�-_...._.__.._....-_..��,.___=u=t.�"�R"�r'-`.�"'�:�3�?".3:'L."S�F!iT1r"�'.'S__""v��-�a.s.-)��nr-r-:,,�,,....-.- ...... <br /> - . .__..._.__ ...-"� -,.�n.�.............. ---._..rr_...-_-.�.,.._..�. <br /> �.. <br /> 96-��Q�89:�_ <br /> G.ASSICNMENT OF l,FASF.,9. Upan I.onder's roqueat,Borrowcr shaii as�lgn to i.cnder aEl Icaaca of tha <br /> P�operty und all sccurlty cicposits madc in connccQnn with Icascs of Iho Property. Upon tho agsignment,I.endu - <br /> ahatl have Uu�riahe�m m�elfv,oxtcnd or terminato tho oaistinR Ica�scs end to ux�x�uw��aw lease�,i�i Lcac�u's solo <br /> discretion. Ae usod in this par�eQh�.1he word"lea�o" ehall mean "sublesye"if the 8ocurlty Inswmcnt is on a <br /> leruchald. <br /> H. A98ItiNM�N7' OF RF.NTSi tiPPOINTMENT OI� R�CEIVER� LENDER IN PUSSE9SION. <br /> Borrowec absoluteiy and uncondidwu�lly as�igm end transfers w Lender all tt►a nnts and rovtnues f"Reats")of Iho <br /> Property,rtgardles�of to whom tho Rents of the Propaty aro payable. Horrowu authorizes Lender or Lendcr's <br /> agents to collect Iho Renw,anS+agrees thnt each tenant of tha Propcxty shbll pay t��o Re+�ts t�o Lender ar Lendcr'y - <br /> sgcnte.However,Boraower ahall rccelve tha�tents urttll(i)Lendu ha9 given�3orrowr�r nodco of dcfault pws�nt to <br /> perege�ph 21 of tho Security Instrument end(U)Lendu ha9 given nodco w the tenent(s)that Ehe RenGS aro tn ba <br /> paid to Lenda� a Leneter'a aget�G T1tIe assignment of Rents consdtutes an absoluta essignmcnt and not an <br /> ossignment for ac3ditlotu�i sectuity only. <br /> If I�ender givw notice of breach to Borrowu:(i)all Rents roceivod by Sorrawer shall be hei�by Bormwu es <br /> ui�.stc�for ttw 6eacflt of Lu►drr only.ta be appl�ad w the sums securod by the Secn�ity Instrument,(ii)Lenckr shall <br /> be entitkd w collect and receivo all of the Rcnts of the Pmputy; (Hi) Bormwer agrecs that each tenant of the - <br /> �Y�PeY o1D Rent�duo and unpaid w Lenda or Lendu's agente upon L.ender's writun demand to tha <br /> tensnt; (iv) unless spplicabk law provides othttwlse�all Rents colla;ted by i�vnder or L.ender's agents shall be <br /> applied Cust to the cnsts of taldng control of and managing the Pcopeity and coliocting tbe Ren2s�inclading�but not <br /> limited W,auomeys' fecs,recei�or'�fees,premiums on receiver's bonds,repalr and maintenance costs,insiu�anco <br /> pr�miums, taxas�a�assments and other ctuugcs or. the Pcoparty. ond then to the som�socusod by d�e Security <br /> �natrument;(v)I.endet,Lentler's agu�t�or any judiclally appoinud receiver shall be liable to account for only thoso <br /> Ra�ts acwally roceived: and(vI)Lender shall be endtlal to havo a roceiva appointsd w take possession of and <br /> manage d►e Prope�ty and colloct the Rents and profi�s derived from tho Pm�+aty w{thout eny�Iwwing as to the <br /> inadequacy of tho Prnperty ss socurlry. <br /> If Ihe Renv of the Fro�xxty ere not sufficient w covu thc costs of taking comm�l of and managing thc <br /> Pmpacty and of wlkcdng tho ktujts any�unds oxpa�ded by L,ender for such putposes ehall becoR�e inAetx�eAness of <br /> Bon+uwu to I.erKkr aecured by the 3ocur[ty Insirument purauanc to Unifam Cavenant 7. <br /> Borxower reptesents and wsurants that Borreswu has not eacecuted any pribr assignment of the Rents and has <br /> nat end will not paform any xt�Iwt would prevent Lendu fmm eaerching its righta under this peragraph. <br /> I�er�Ser,or Lender's�genta or a judicial!y appointed roceiver,stwll not be reyu�red to mter upon,W�o conrrol . <br /> of ar malnuin the Pm�uty bcfora or atler givFng eo�ic�s of default to Barowa. Howevcr, I.ender,or I.ender's <br /> agauta a a judkWly a�pointed rxeiver.may do so at any drt►e whai a dcfautt occura.Any t�ppljcuion of Rents <br /> shell na cure a waive any defwlt a inv�lidate any other dght a remody of Lender.'xhis essignment of Rents of <br /> tho Pmpaty shnll tetmuiato when all the sums sa:ured by tha Sxurity Insuvment ere jmid in full. <br /> I.CIt06S-1DEFAULT PROVISION. Bomower's default a breach under eny r.ote or ag,cnernent in <br /> which I�nder ha�nn intarst shall ba a breach under the Security Insuumeni and i.�endu may invoke any of the <br /> rprodie�pamittod by sho Socurity Inslrumen� <br /> BY SIGNYN�B�iAW.Borrnwer uocepts and agcoes w tha terms and pmvisioua cont�inod in Wis 1-4 Family <br /> Ridar. <br /> . , <br /> G �!l�t�frm.� cs�,� _�„ ,, _�1 -�/ cs�� <br /> J STON •Borrowcr CA�IDACB A H[7ST027 -Horto�er <br /> _. —(Seal) _.�S�,al) <br /> •Borrower •Bmrower <br /> �•67 �aaoy.o� Pa��2 012 F�rm�170�lYS <br /> � .., ' .. . <br /> ___ __ <br /> _ __ <br /> � 'w','.��..,''�?�;"�_f,��'-�""�` - <br /> - �..� ����.��. ���`�s�=v4, '�' � — ---- — —d�_.T�� --- <br /> �#Y_ <br /> � <br /> � .�• -.. �•y,�„ y Y.. _ � 'kV`j. �+�V�J���"� - _ __ SSSSLGI�:ZLCC —.-• <br /> � i3�1_!HL�tx F''.c �ll� ��'`.�'.�5.�' :P.�2r rf� .i '�`�r — �-. _ <br /> _ .:uxrrr � J . 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