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<br /> �:. a!:.vII:NMF N'1'UF l.�flSES. U[►�►n l..cndcr's rcyucst, Uorrowcr ihnll nssigu to !H ndc i all Icn e'�pnt{nr -
<br /> Qro(firty nn�l nll sc�curity dc�sit� madC In Cot1DCCllotl wille lutsCS ot titc e'r�i�riy. ��N�� ���� u.,,.nr..-n.. __..__
<br /> sNull huv��l�e ciglit tu i�ticJify, exteitu nr t�rniinnte the axisting�lease_nnd.�o cxccu`f rt���rnr iy Instru'mc►1Sis on `
<br /> (�lSCfC'I�bll. A5 used in this purugrupl�c3.tnC lVOfQ� le:iac �uun�u�m� . �°°
<br /> il(C115C�10�(�.
<br /> H. ASSIGNMF.NT JF RF.NTS; A,PA'OlNTN1ENT OF R��k.QV�R; I.ENQLR IN POSS�SSIO �
<br /> Borrawcr nbsolutely:►nd unconditionally assigns and trnnsfers to L,cndcr all tlie rcnts and revenucs("Rents")of
<br /> thc I'roperty, regarclless of to whom thc Rents of the Pmpeny are paynble. Borrowcr authorizes Lender or
<br /> I,ender's ngents to collect the Rents,nnd ngrees that e:ich tenant of the Propeny shnll pay tl►e Rents to I.ender or
<br /> lxnder's ugents.Howcvor,Borro�ver shall receive the Rcnts until(i)Lender hus given 8orrower noticc of Jefault
<br /> pursuant to paragraph 21 af tho Sccurity Instrument and(ii)Lc�der has given nodce to the tcnant(s)thut tlie.Rents
<br /> are to be puid ta I,ender ar Lender's a�ent. This nssignmcnt of Rents constitutes nn absolute nssignment and not
<br /> an assignmcnt for ldditionnl sccu�ity oniy.
<br /> If l.ender gives notice af breach to Borrower: (i)all Rents reccived by Borrawer shall be hr,ld by Borrower
<br />� as trustee for the benefit of L.e�xier only,to be applied to the sums secured by the Security Instrmnent;{ii)l.ender
<br /> shall be entitled to collect und receive ull of the f:cnts of the FtoFerty:(iii)Ronower agtees chat cach tenant of tho
<br /> Property shal! pay ull Rents due a�xl unpaid to Lender or[xndcr's agents upon Lender's written demand to the
<br /> tenunt; (iv)wiless applicable inw grovides otherwise. ull Rents collected by Lender or L.ender's agents sh�ll be
<br /> applied first to the costs�f taking control of nnd managing the Property and collecting the Rents, including. but
<br /> not limited to, attarneys' fees, receivcr's fees, premiums on receiver's bonds, repair and maintenanr.e costs.
<br /> insurance premiums,taxes,ussessments and other charb�:on the Propeny, and then to the sums secured by die
<br /> Security It►strument;(v)i.ender,I.ender's ngents or any judicially appointed receiver shull bc liuble to uccount for
<br /> only those Rents actus�lly reccival: and (vi) Lender shall be eutitled to havc a rc:ceiver appointcd to take
<br /> possessian of and manage the Property nnd collcct the Rents and profits derived from the Property withottt any
<br /> showing as to the inadequacy of the I'raperty s�s security.
<br /> If the Rents of tlie Pruperty arc not sufficicnt to cavcr the costs of taking control of and managing the
<br /> . pC0(krt}�Ail�0I Colleciir4g iiic n8ut3 ar�y fun�°�.��s1�nt1 hv t ender for such purposes shall became indebtedness
<br /> of Borrower to I.ender Secu�ed by the Security Instn►ment pursuant to Unitorm Covenant 7.
<br /> �. Borrowcr represents and warrancs that Borrower has not executed any prior assignment of the Rents arxi has
<br /> not and will not perform uny act that would prevent i.ender from exercising its rigltts under this paragraph.
<br /> .y. C,endcr, or Lender's agents or a judicitilly appointed receiver, shall not be required to enter upon, take
<br /> =i conuol of or maintain the Property before ar after giving notia of default to Borrower. However. I..encler,or
<br /> ;, I.ender's agents or a judiciully uppointed receiver,may do so at any time when a default occurs.Any uppltcation
<br /> � oE Rents sball not cure or waivc any default or invalidate any other right or rcmedy af I.ender.'Chis assignnxnt of
<br /> Rents Qf the Property shall terminate when ali the sums securcd by the Security Instrument are pa[d in full.
<br /> I. CROS.S-DFFAUL'C PR�DVISION.Borrower's dcfault or breach under nny net�or agreemcnt in which
<br /> � Lender I�as an interest shall be a breach undee the Security[nstrument anc!Lender may invoke any of the remedies
<br /> ,,'� permitted by the Security Insnument.
<br /> � • $Y SIGNlNG DELOW, Bonnwer accepts und ngrees to tho terms and provisians contained in this l-4
<br /> Family . • __
<br /> i � (Seal)
<br /> � -Evrrvw,, -13orrowcr
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<br /> ' �� -Borrowcr -Borrower
<br /> �aoRZS �. �iNK��
<br /> Form 3170 3193
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