- " `�• 7�:;c�'l.i�y,,c..: .,.. . �a
<br /> S -� . �.�:r:;ii�.���i;.�:,-":a�p�5.' ..� �
<br /> . .��I�f:F:::' �. .
<br /> _ ��• • . ' _ . . .— ..__ ...
<br /> � �.Z.irMalilfe'�u'��'J�(�:�n7.S2'�.',l. . .. _—� -- _ ___, -�.�...��-«_
<br /> ............... .. . ... .. ... .. ... _.. ._. ... .__. ._._.. _. . ,
<br /> I ♦
<br /> ��� �I��U��� —__"
<br /> l�.AS."I(:NMF.NT OF G'EA5FS. Up�m[,eruler'�rta�uest,Hormwer shall Qssign to I.cnder oll�e+�.`KS of�he
<br /> E*�c►{�er1Y aixl nil aecvrity deposits mde in cunnoction wi!h leastF of;he Pr�perty. Upnn�he�signmeni. L�e��r
<br /> shN�� �ia�e the riqht ta nxxlify. extcnct or tenninate�hc cxisting leuaes and to csecutc�nrw IeaG�es��n 4nckr's sala
<br /> discrotion. As usnd in this pxragrAph O.tix wo►d"�euso" shail mean"yu(�le:�:" i�'th.::�:.CilT:ty Insin�nxnt is+.►n
<br /> �a leasehold.
<br /> H. �SSIGNb1ENT ,Clh', At�.NTB. AP!'IyYN'CMEN'!' OF RECEIY�RC �ENUF.It 1N P(a5SFSSIO:�.
<br /> Borrower sbsol�uttly anci mx�sr}{lidotully usiBns and t�+sn4fcrs to Lr.nder a11 the rcnts and reveuues("Rents")of
<br /> �i�e pro�,erty, rcgardless of to whom the 12r.i�ts of el�t Praperty arr. �ys►bl�. Rorrower nutharizes L.crxter or
<br /> l.encler's xgents to collece the ReMs,ami•�►Ster.s thit e�ch tenant�f ehc Prope:rcy�h�il pAy the Rents to l.ender or
<br /> I,ender's agents.}�ow►:ver,Borrower sh�dl raceive the Rents unti4 fi)t.�:►ider has givcn Borco�v�r nfltir,e�f default
<br /> pursumx co.psr�graph 21 of the 5ecurety tnF�.rrament and:ii)[.enda h»s given ratico to the trnxntf�)thAt the Ronts
<br /> arc to be�+W to Lender or I.er��'s aganc. 'fBis ass�BnnKnt of Rcnts onnstitutes an�bsolute assignment and.not
<br /> an assignment for adcfiti�nsl socuritg�anly.
<br /> If I.endet gives notia af breach W Fimrower:(i)all Rents n.�cciva�by Borrnw�r shall be hcld by Borrowr.r
<br /> ss truuoe for thc benefit af Lccder onl�r�t,cj.bn a�+pliat to the sums secural by ths Security[nstrument;(ii)Lcnckr
<br /> atL,!!w:�.i!!r!ir�ro!!!+�s nn►*eceive ail of tt�t Reut;.uf Ihe Propeny:(iii)Borrower agnes that c,�ch tenu�t of the
<br /> pr,�eny stvll�y ali Rtmts due��d u��xid to Lc.w►ctaT oT i.enckr's agents upun l.end�r's written dc��w��tv�h:,
<br /> tan�m:(iv1µ+n�cs�appla�►iie law pcovides otherwise, xll Rcnts a►itected by i,endGr ar i.�txler's egtnls siu�ll be
<br /> appliod tirat*,�n,c�x co�ts of ta�{cing co�+n�l of and►na�tiaBinB the Pr°perty a►xl coA�xtina thc R�:nts,including,but
<br /> ,,,.;.`; miums on receiver's bo�xis, rep�ir and madnte�wnce cx�sts,
<br /> not limita�;�c,: r�twn►e�'s'.fas. rec�i�•ar".c� fas. M'�
<br /> � i��premiums, ta�,assess►rnnts�ixi other charges on th�e Property, anci then to the sums secural bY the .
<br /> Socurity tnstruma�t:�v)£,cmder.F��der's ABrnt-;or miy judicially appointed rccciver shall be li;.ble to w�c�ouru for
<br /> only U►esc Kents a��tuatQ�e roceivod; �x1 (vi) [�ear;�c�t,stull be entitled to Itava a rativer ap¢ointai oo t�Jce
<br /> • pos,.ressic�ri.�c�and muwge the Peqx�+ri'�and colla��7ii+Rents and profits derived from the Pr�percY wizhcut any
<br /> shuwi�5 as to the inadequacy�f the�i��rtY�s security.
<br /> • if the Rwn�of the Property a�'e not sut'ticiea: to cov�r Uie c�osts of taicing caurol of and marwginS the
<br />- . a�.���mi�f mllectina the RaNs AnY funds ea��a1 by I.snder for such�xtrp�ses shdl bocome indeAled�s
<br /> of IBo�ruwer to I�r securod by the Saurity In�trurnent pursw►s�t to Uniforrn taove+�c'•t of the Rents Vaus
<br /> �ower repres�+�ts and wur�nts tlwt Hamnwer has►wt exocuted a�ey prio�`���5l8� ��,,.,. ,
<br /> not and will not psrform any aa th�t v,�outd prevait l.,ender feom exercisia�g its ri��st��nder this p�g�• ,
<br /> . l..eoder, or C.e�Ki�r's aga�ts vt•:si'�u�iicially �ppointed raslvtr, siwll rat,�!:t'a9uir�dfi;:�G,:entcr upoaf;!:�� � . . ; .
<br /> cantrol of or mai�M�in the Propaty�aro�x aRer$ivin,g tat�ce of Aef'ault�aza�i�u>nrower.''i�Towcvu,
<br /> �:�:t';��,. � ;r.
<br /> U.�rrder'a s�ents or a judic�lly�ppoini�cl t�ocxirer.�nay do so at�u►y timg vrhr.n t�,��aFwlt occura. Any ap�i+:i►`ti�!,� '.L:�
<br /> ';'� , of Raun sh�ti aqt curo or wWvG any.rie�F�+�t a imslidate any otlrcr riabt or re�uedy of Lender.This assignrit�ho.�if , ,�,�' ,�,,
<br /> pxnts of th�n•S"��upaty shatl teaninur.!��h�h all the surm secueed by the Seeurity lnstnima�t acc paicl in full. ��.':,�'•'`• .
<br /> i. 4R1f5.'y-DE!'AUL'�' PItOVI.�ON.Borrovvrr's dGfauit or bresch uc�dax�any �x,te or s�,rea�x�nt in whirl�. �.���;��...,�.
<br /> � • Lo+xter�s an iMerat sb���a bra�cl�un3Gr the Soeurity inurument nnd Lemlor rtnay invoke any of tha reeqedie� .
<br /> prrndd,ed hy the Security th�a'tiument.
<br /> 8Y SIGNING BEI.OW, Ba�CTwer Acoepts ansl a6rxs to che terms �ud proviaion.+ ocMxa""°d in this l-A�
<br /> � F�utrily Rider. �y.C: ' • �,;,
<br /> �� . -�;:
<br /> — . .
<br /> ,,;i (�, _ (�)
<br /> �
<br /> -Bw'torer :�•;; �
<br /> , ''� -Botrowet • '
<br /> . 'i• ��::• ,
<br /> 1.,�'� � , ' ��d�� ' ' -
<br /> ♦f�fYY{ � wi�ifY:'N '801RWl► ��MiDM'Cr.
<br /> .•f"�'
<br /> .. _ '�:.'�;!
<br /> �f...
<br /> �... .. . . ..
<br /> � • Faen 3l7G 3t�
<br />
|