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<br /> C.ASSI�NMENT Ol�'LEASF.S. Upan Lender's rcqucst,�orrower shalZ assign to Lendcr au Ieascs af�ha =
<br /> Property nnd all sec�uIry dcposib msde in cannecUon wlth Ieaus of thn Property.Upan tho ssslgnmtnt,C.eredu
<br /> a�n1�hflVO��'f�Il�ht to modity,cxt?�nd or tcrminate the cxisdng I�ses and to execute ncw leasc.G.in I.cndcr's sale °___
<br /> discrction,Ae uscd iir�this parag�h O�the ward "lease"shall mean "sublease" if tha Securiry Inswmcnt is on s =
<br /> Icasehoid. -
<br /> H. ASS[(iNbfFN'P OF RENTS; APPOINT11iFNT OF RECEIVER; LENDER IN POSSF.SSI(DN. _
<br /> Burrowcr absoluuely s�nd unconditinrrally assigns and transfens to I.ender all the rcnts and revenues("Rents")of�he
<br /> Property,regardlP,ss of to wham the Rents of the Propecty are payable.Borrower authodzes L.enclKer or Lender's
<br /> eEentg to collxt the Rents,end agrees tluu each t�nant of the Property shall pay the Rcnts to Lender or L,ender's
<br /> agent�.Howeva, Horrower shall roceive tha Rents until(i)I.endu haa given Borrower noda of defsult pursuant W -
<br /> p;ua�►�;h 2�of :he Se;.u,-try Ins�umcr.t�std(ll)I.ertder l�:„;i��en nodc�to tke[��ni(fl)the!t�e Rcncv Rre tn be _
<br /> paid to Lertdu oe Lender's �enG This assignment of Rcnts consdtutes on absolute asslgnment and �ot an
<br /> assignmcnt for sd�idonel sccurity onty.
<br /> If Lendu gives noticc�Af breach to Borrower:(i)ali Icents received By Bonower sua11 in;[,cid U�+^na�.�w�� _-
<br /> nvsue for Q�a beneHt of Lender onty,to be applied to the sums securul try the Security Instcument;(ll)Lendu shaU
<br /> Ge�,�tiiled i�co112ct snd recciva aU af thc P..cttt�of tt�e Progtrty� tlt�� �UIfOl9EY A$[l..�"9 I�l8C C�Il LCJ1?�1L O�I.hE
<br /> Property sh,all pay all R�nts due and unpaid to Lender or Lender's aR�ents upon Lendu's writien demand to the
<br /> tenant; (iv) unle,ss applicable law providcs otherwise, al!Rents caUectal by Lendri�x L,endu's agents shall be
<br /> applied fust to thcs costs of�aking control of end�naneging the ProFeiiy and colkcdng the Rcrus,ineiuding,but not
<br /> limiud to,auomeys' fees,rxeivu's fees,premiums on roceiva's bonds,repair and maintEn�nce cosw,insiusmce
<br /> prcmiums, taxes. asse�smeats and othcc el�arges on she Pccpaty. and then w the sums secured by the Seeurity
<br /> Instrumca�t; (v)l�endu.Lendet's agents or any judicially eppointtd c�eceivu shall be llabk to account for only chose
<br /> Rents acwa�lly rocetveA;and(vI)Lender s�all be entitled to have a receivu appointed to take possessbn of and
<br /> manage�he ProPaty a�d wllact tha R;.nts and pm�ts derivod from tha Property without any showing a9 to the
<br /> �I18(lCQUBCy Qf I�c@ PY'Ojltlty 89 SCCtl13ty.
<br /> If Ihe Itrnts of the Property aza not suffi�ient to cover the costs of taking control of end managing tha
<br /> i avy�.aj.'iD'ii ih�..'"l.�L^.S�flp^Lh8 DGSlL°3l:�f!)il�.:�TT.vn�l�1��7�nrl�r fs ��r g��mns�s sihatl Irrnme inrleh��c4 of
<br /> Bocrowa to La►da secured by the Securtry Insuument pursuant to Unifom��Covenant 7.
<br /> l3orrowa ocpresents and weaants that Borrower has not execuced,any pria�assignment of ti�Renis and t►a� —
<br /> not and will not paform an.y act that wou1d prevent I.ender from axexcising�IS rights undcr thls pataaraph.
<br /> L�end��.a Lenda's egents or a judkially appoinud teceiver.shall nat be roquirod io entax upon,take control
<br /> of or maintain tt►c Property before or after giving notice af default to Sexrower. Howev�,Leiida�.a Lenda's
<br /> ugents or a ju0lcially appointed rxeiver.may do ao ai any time whai a defiwlt oocurs.Any aFpllcation of Renta
<br /> shall not cun or weive any d�fault or invalldate any other�ight or remaly of I.ender.This assignment of Rents of
<br /> ` d�o Propary sha11 terminate when a�l thc sums sccured by the Security Insttum�nt are paid in Full. •
<br /> I.CRCySS-I�EFAULT PROVISI01d. Borrower's dcfeult or brescb undu any note ot egreemc�t in
<br /> � �vhkh Lcnda has an interest shall be a breach under tha Security insm►ment and I.Cnder muy invoke any of Ihe
<br /> = temedies permitLed by the Secur;ry Ins�uumen�
<br /> � BY SIGMt+ifi BBL�JW,Borrower accopts and agrees to tho tums end pmvisions containe�l in this 1-4 F'amily
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