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<br /> (},ASSlGNMENT OF LEASES. Upnn Lcndor's rcquest,Borrower sliall asslgr� to I.sndcr all lcascs�n��
<br /> Property end all security depasits mado in connxdon wflh Ieaves of the Propeny. Upon tho es9ignment,
<br /> sh�1l have tha dght tc�madlfy�exten�or tcrminato thc cxisdng IGascs enA ta cxecuta ncw lcasc9,in l.cndcr's solo
<br /> dlscretlon. As uscd in this peragraph(i,the word"tee.cc" shall mean °subicase"if tho Sccudty Irssuument is on a
<br /> tcaschold. • .,,.,,., „fl .,vnc.vr.n. t CNfIC� tN PASRES5ION.
<br /> jl• HO�J1YlV��iiiu�i�i �: :wr:�Ai fP_'Z�_'!�!l���t�• �rr a�aava+...r•.t •�+•.•"-_-' ° -
<br /> Bonowu absolutcly anA uncaredldonally u�stgns and Uansfers Io Lendtr all che rcnts an�l revenues("Rcnts")of tlu
<br /> progaty.rcgardkss of to whom tho Rents of tho F�roperty aro payublo.Sorrower suthodzcs l.endar or I.endcr's
<br /> ugents to collsct�he Rents,ur►c�o8roes that each tcnent of tha Property shall pny t3'►o Rcnts to L.cndGr or I.endu'e
<br /> agcnts.Howevcr,IIorrowu ehall receivo tho Rcnts undl(i)Lcnder has glven Aorrowu notice of default pursuant to
<br /> paragraph 21 of tha�ecurity Insfinment a�id(ii)LenQcr has givcn nodco w�!►e tenant(s)that tha Rents arc to bc __
<br /> patd co I�r.da as 1 rn�er's Agent� 'll�is assignmtit►t of Rtnts consdtutes an absoluu avsignmcnt and not an
<br /> assignmsnt for addidona�security only.
<br /> If Lender gives notice of breac:h w Borrower:(i)all Rents re�eived by Borrowcc shall be held by Borrower ss
<br /> trustvt fue the b��efit of Lcnd:,r only,to C.:spplied to the sums sc;�urcd by the Sxurity Insuument;(ii)I.cnder shall
<br /> be endtled to collect and recoive ail of th�Rent� of thc Property; (iIi) Borrowcr agcecs that each tcnant of the
<br /> proZxny shall pay all Rents due snd unpaid to I.en.du or Lcndu's agcnts upon Lender's wriuen d�mand ta tha
<br /> cenant; (iv) unless sppllcable law provldes otherwise.all Rcnts coAecttd by Lendu or Leu��'s a�e+-�ts sha111s.:
<br /> applied f�rst to the costs of taidng aonaol of and managing the PropeRy�d collecting tha R.enu,L�cluding,but not
<br /> limited co,atta�meys' fees,recciver's foes.premiums on receivex's bonds,repalr and maintenancti costs,insurrnca
<br /> premiiuns,texcs, a4sessments end othu chargce on tho Proputy,and then W tha sums secured by the Security
<br /> Insuumcrit;(v)Lender,Lender's agents or any judkially appointed receivu 5hall be liablo to account for only those
<br /> Reiets acwally roceived� and(vi)Lender shaU be entided to have a receiver appointect w take possesslon of and
<br /> m�gz the pmperty end coUect the Renis and pcafits derlved from the Pcopaty wlshout any showing ay to the
<br /> inade9uacY of th�s Property as securiry.
<br /> If ihe Rents of�he Property aro not sut'Ccient w covu the costs of taking con�ol of and �ging thc
<br /> property and of collecting the Ruits any funds expended by Lender for such purposes shall become indebtedness of
<br /> Borrower to I.ender secumd by the Securlty Insaument pursuent to Uniform Covenant%.
<br /> Bomnwer represenis and wartantv tbat Borrowet i�s not eaocuicd any priur�i;eS����+j�a�i��D�p«���'=�°
<br /> not and wlll not puform eny act that would prrvent Lendu tiom excxcising its rights under this paragraph.
<br /> Lenckr,or Lender's aRents or a judicially appointed receivec.shall not be req�a3red to entcr upon,take control
<br /> of or maints�in ihe Prope�ty bcfore or after giving notke of default w Borrower. Howevu,Lendu.or Lender's
<br /> agents or a judklally eppointcd rece[vcr,may do so ac ac►y dmc when a default uccurs.Any�ppllcatlon of Rents
<br /> shall not cure as waiva anY default or invalldata su►y otha dght or remedy of Lcndu.This asslgnmetit of RCtits of
<br /> �p�y����s when all the sums secured by the Socurity Insuument ere paid in full.
<br /> I.CROSS•DFFAULT PROVISION. Botrowu's default or brcach undu eny note or agree�nent in
<br /> which Lender has an in►a�est sha11 ba a�eaCh under 1he Security Instrument end Lcnder may invoke eny of the
<br /> remul�es prrmittad by►he Sxtuiry Inslrumen�
<br /> BY SICNINC3 BELOW.Borrowu accepts and agces co the tums and provisi�ns contained in this 1-4 Family
<br /> Rider.
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