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<br /> Q.A9SICNh7ENT 0�LEA9F.S. Upon LenGu'A request,Horro 9Gshall as.srgp rri Lcii�all ksses of the �
<br /> Frapcny tuid Nl sccurlry deposlts madc in cannecdon w�th leuses of thc Ptoperry. Upan thc nssig�ment,Lender -
<br /> shs�ll havo tho rUtht to madifv,extend or tcrminato tho axisdng Ic�sas and to exeeutc naw Icases.in I.cndcr's sale
<br /> discrcdon.As used in this peragraph G,thc word"lease" shall mcan"sublease" !f the Sccurlry InsfrumGnt ls on s
<br /> leaschold.
<br /> H. ASSIGPIMENT OF RBNTB; APPOINTMIENT OF RECEIVER; LENDER IN POSSFSSION.
<br /> IIorrower ebsolut�ly and uncondidu�ully assigns and t�rransfers w Lendu sll the rents and revenucs("Rtnts")of tho
<br /> Prapatyr,rcgerdkss of w whom ihe ltenis of thc Property are payable.Borrowcr suthorizes Y.ender or Lender's
<br /> agcnts W coUa;t Ihe R�nts,and agroes t�at each tenant of th�Propaty shall pay the Rents to I.cndcr qr Lender's `
<br /> egents.Fiowtvu,Bonowu shaDl rec�ivo the Rents unU}l(i)Lender has given Borrower nodcv of default pursuant to -
<br /> part►g�aph 21 of the Security Inswment and(u)Lender has givcn nodce w tho tennnt(s) Ihat ehn Rcnts arc co be
<br /> paid w i,ender or Lendu's agenG 'ITds assignment of Rents consdwtes en absolau assignmont and not nn
<br /> assygnment for additioi�sl seauiry only.
<br /> If I.ender gives rbtice of breacd to Bocrowe,r.(i)aU Rent9 received by Homawer shall be held by Borrower es
<br /> m�stx for the ber!e�is of�.e�±d?a c�nly.to be�lied tn the sLms�t!�ed by th9 Sesarity Xnstr[!met�t;(ii)I.ander shatl .
<br /> bc cadtted to collect and n�ceive all of the Rents of the Property;(iif)Bnnower agrccs that each tenant of ihe
<br /> Froperty sh9ll pay all R.eats due and unpaid w I.ender or Leader's agents upon I.cnder's wdtt�n de�nand to the
<br /> tenant; (iv) unless applicable iaw provides otherwlse, all Rents coUected by[.ender or�.ender's agu►ts shall be
<br /> epplied Cust to ths costs of taldng cantml of and managing the Propaty and coilecdng the Rents.includimg,but not
<br /> limited to,suo��eys' fecs,�ceiver's fas.prenniu�ns on receiver's bonds,repair and maintenance costs. insurance
<br /> premiams, taxes,ass�ssments end dthu chacge� on the Fmpeity. ead thcn W the sums sccured by the Seceulty
<br /> �tment;(v)Les�der,Lendu's agents or�ny JudiciallY apPoinud roceiver st�ell 6e liable to account fot only those
<br /> Re,nts actually roccivod; and(vi) Lu�du shall be endtk;d w have a rcaivu appointed to tace possession of and
<br /> rt�anage the Proputy and coUecs the Rents and pro�t�deri�ed from tho Pmpccty without eny showing a�to the
<br /> uiac{equacy of tho Propuiy as security.
<br /> If the Rents of the Proorrty ere aot suf�icient tn cover the costs of talcina control of and mana¢ing the
<br /> Proputy and of collecting the Rents any funds aapended by Lenda for such purpases shall become inde�tedn�ss of
<br /> Boirowu to Lender socured by the Socurity Inswment piusuant to Uniform Covenant 7.
<br /> Bo�rowa repre�ents and warrants ttutt Barower has not executed any p�lor a�slgnment of the Rents and hav
<br /> not end wiU not paform any act that wauld prevent I.ender from cxercising its right9 under this paragraph.
<br /> I.entkz,or Lendcr's agents a a jodieially appointed recefva.shall not be roquired to enter upon,ta3ce carnuol
<br /> of or malntatn the�'roperty befon or aftu giving notico of default to Borrower.Howevu,I.ender,or I�der's
<br />" �grnti or a judkially appoinud recciva,may do eo at any dma when a dofault occ�rs.Any epplicarion of Rents
<br /> shaJ1 not c�uo ar wnive any default or invatidato any olha right or remedy of Lendu.'This aSStgnmcnt of Rents of
<br /> the Property shaQ te�minat,o when all tho sums scc�ued by the Secnrity inst�umcnt are pa�d in ful1.
<br /> I.CROSS-DEFAULT PROVISION. Bomowu's default or bceach under any note a egreement in
<br /> which I�ender has an lnterest shall be e bmxh under the Security Instxumr,nt ewd Y.ender may invoke�ny of the
<br /> retexdies pamiued by tha Scxurity Inst:umsnG
<br /> BY SICiNIIV(i HEWVN,Borrowu eccepts and egrces to the tcnns and provislons coutavxd in thls 1-4 Family
<br /> Ricier. .
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<br /> •Dorrower •Borm�eer
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<br /> �•67 �oaal.o� Pap•2m2 Form �170�10�
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