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<br /> C.ASSYCiNI�f�NT O��i.�ASE9. Upon Lcndcr's reyuc.Qt,Bon�ov�er shall assign to Lcnder a!l lcases of the p_
<br /> Properiy end all security deposits mado in connecdon wftl��cascs of tha Pro{serty. U�xtn tno asslgnment,Ltncler =_
<br /> .�._ _�_�..........��� �.�wnd�.e�rininatn�fu�rtxisdnt[IC84C9 811d t0 NeCCUiA IIEW lCU.�C9.�Ii�tS�II�CC�B 60�t1
<br /> Bliaii nuvn u�v��nui w uiw..;�..,...•••»••. .�
<br /> di�;n:s�nn.11.s a^^�!lo thi9 perea�egh fJ,�hc word"lcusc�" st�all mc.�n"sublcasc"If tho Sccurity Instrumcnt is an a _
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<br /> H. ASSIQNMI�N'P OF [tETITSi APPUINTMEN7' OF RECEIVERi I.ENU�N ini ruS3�i�iv;.
<br /> IIorr�wer ebaolutofy and u�cond�donally assi8ns and transfcre to Lendcr aU th�e renL9 and revcnues("Rents")of�hn
<br /> pm�erty,rcgardlr,�e ot to whnm t4�c Rents of tho Pcoperty are Ix►Yab{q. Borrower autliarU,es I.cndcr ar Lender's
<br /> agents to colloct the Rents.enA a�rGCS lt�t each tcnant of�ho Proparty shall pay tho Rent�W Lerider or Ler.der's -
<br /> sigcat�.Hou+ever,aorrowcr ahall receivo tho Rents undl(i)Lendu has glven Borruwu nodce of default pursuant w
<br /> �azag�aph 21 of 1he Securiry Instcumet�t er.d(ii)Lendor haa given notice w tho tcnant(s)tl�at the Rents urc co ba —
<br /> �d � �n� o� L,�nder�s agerot, 'ChLs assign�ncnl of Rents consdtutes an ubsoiute �ssignment end not an
<br /> assignmra�t fa addi�socurity on1y.
<br /> If l,�er�dr,r givts notice of bccach to Bon�awer:(i)all Rents roceived by Borrower shall be Neld by Borrower as
<br /> trustoe fa Ihe beaeftt of L.endea only,w bw epplkG to the sums soci�red by tdo Securlry Instrumcnt;(ii)Lend�ec shall
<br /> bo endtkd to colloct end receive aa of Ihe Rents of the Pcoputy� (iU) Borrower eg�oes that each tu►a�t of the
<br /> pmperty sivail pay ail Fiw.m du;�and va►pald to Ls�!��os 1.e.ndu's egenc�upon Lendu's wdtten demand to the
<br /> terwnt; (iv) unkss wpPilcable I�w provides otherwiso�alt Rents callxted by I,ender or I.ender's eAcnts shall be
<br /> eppliod Cuist to tho costa o�eaking control of end managlnB tho Property and colloctin8 the Renta.including,but not
<br /> Iimicod to,attomeys' fees.reoeiver's fas�premiums on recetver's bonds,repair and maintenenco costs,insurance
<br /> premiums. uuesi.essessmenta end othu chtvges oa the�COpatY� and Ehen W�sums sx�ued by the Socurity
<br /> Instrumun;(v)Ler►da,Lcndea's agents or sny ju�iciallY appointed rece[vcr sha11 bo lfabfo w acr�unt for only those
<br /> Rents acwally receivod�and(vi) Le�der shall be endtkd to have a ceceivu�pPo wl�hout any showI�nB es to the
<br /> msnage the PropeitY and collxc�he Rer�is and profits derival from the ProputY
<br /> inadeqwcy of tho Property as s�ecurity.
<br /> If the Rents of the PropertY ero not snfficleat w covu tha cosss of takIng coatrol of and managin8 t1►�
<br /> Frope:ty and of coUxdng the Rents any funcls expended by I.ender for such purposes shaA become indebtedmess of
<br /> $p[zvwa iv i.�u�:�w�i�=�����Y ingtn»I►Pllt DIIlSIl811t LO U111fOt[11 COVl118I1[7.
<br /> B�xro,�,er represents and warcants tlwt B4rmwu t�not exeeuted�►y preor assi8nmait of ttse Rencs and"na4
<br /> not and wiU not perform any act that would pcevent L,ender from eaercising its dghtv unda this par�g�aph•
<br /> Lender.or Lender's ng�u or a jud�clally eppolntod receivu�shall not be ralufrrcl to en►u upon.take control
<br /> of or maintain tho PropertY be�'o�or afur giving nodce of default w Borrower.Howevu,Lendu.a Lendu's
<br /> af,rents or a judiciaUy appointed receiva.u�ay do so et any dme when a default oceurs.My applicadon of R�ents
<br /> sha�ll rtot cure or waiva enY default a invalidato eny ott►�n8ht a nmody of Le,�cla.'I7►is essignment of Rents of
<br /> ltie PcoputY shall temilnate whet�ell the s�ms secuced by the Seeurity Instn�nxnt aro paid in full.
<br /> I.CCtOSS•DEFAU�.T PROVISION. Bormwer's deftwlt or breach �nskr e�Y note o� 88�°�t in
<br /> which Lenda hae an interest s4sa�1 ba R breach uada tho Securlty Inshvmeat und Lux1a maY invoke any of�he
<br /> �ies pumiu�ed by the Security Instcument
<br /> BY 3I(iNING BBLOW.Borrower aocepis and agrtees to the tenns snd provisions contained in ihls 1-4 FarnilY
<br /> Itider.
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<br /> WILLIAM R LEE -$otroM�er PATRICIA A LEE ••Borrower
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<br /> -Hottower •Hot[ox�et
<br /> �-:7 �0�0�1.0� a.o•2 of z � . Form 3170 91aS
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