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<br /> _y��' M1;t�?"r;,���3� Rrnb until (i)Laider Fuis given Bmrower twtice of def�ult purrupnt to pua�ph 21 of�hc Secudty Instrument and(ii) --_-
<br /> .-_ '� L�►der ha�given notice to the tanantl:)�hat tho Rents iue to be paid to Lender or Lendu4�agem. This assignment of Rcnts � �
<br /> .�,� r, J conaicutes en absolute t�signment uid na an usiQnment far�dditionel�ecuriry only.
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<br /> ;;� � lf Lender givec notice of breueh to Borrower.(i)nll Rentr received by Borrower sh�ll he held by Barrower as wrtee for � _
<br /> .:�3 : 4a�C y^•'` ' the benefit of l.ender only. to be �pplial to�he auma cecurcd by the Secudty]nstrument:(ii)Lender shall be entftkd to
<br /> ---��' � ," peRy;(iii)Horrower a p� 9 P� —
<br /> �- L�!�s';'� , �'�± ; collxt and rective nll af tha Rcnts ot the Pro grees thwt each 1e�ant oP the Pra rt shall y all Renu _
<br /> ��; ��;r�����u�= .:•. � due And unpaid to Lender or LenderY agents upon I.ender`a written demand ta the tenant;(iv)unless wpplicablo law providea _.
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<br /> ,a,,h.��=;,�t..:.. othuwl�e. all Rente collecud by Lender or Lender� agenls sh�ll be applted fint to the cosls of wking control of and
<br /> __,.�.�'�'6.N. mon�ging the Property and collecdng the Rentc.including,but not limited to.attomeylc fees,�ecaiver�fees,premiums on __
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<br /> •������_.��.'�;:: . s on the Propeny.
<br /> ;•�-�r•; �� receiver�bonds.rcpair and maIcmeneace costs,insurance�uu�s,taxes,ussessmenis and other chnrg¢ � _..__
<br />— — �:m��.r:yta•:.:.•�i: �u�d then to the wms securcd br tbe 5ecuritY Inslcument;(v) �er.Lender3 a�gents or any judiciwlly appainted receiver - .
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<br /> - „ ,�, shall be Gabie to aoequnt far onty chose[t�amts�cwaily r+eceived:anJ(�i)Lenci�r si�atl I��uUtied ta b+►ve a�eceiver appointed R:-
<br /> -� �s`` " "= to talcc possessioa ofand mpnaga the A�ecty and collect ttw Rent�and profit�derived from the ProportY wilhout any -
<br />,--• � .� . . � �_^: fr:;
<br /> - . , y , r�twyring es to the in�dequacy of the Property as sccurity. �- -
<br /> _� ;:• '���r:���' If tho Rents of the Pmperty are not sufficient ro cover tho costs of taking controi of and manAging the Paoperty and of _
<br /> :,"R °"�:. '' ` s chall becomc indabtedne�s of Botrowar ta I.ander --
<br /> _, ,p"�'-'ti,,..��'._ oollecYiag the Rents any funds expended by Lender for cuch purpoce
<br /> --- ° . . � aecured by the Securiry Inswment pur�uant to Uniform Covenant 7. '-
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<br /> $orrower represents and warrants that Borrower has not exccuted any prior assignment of tha Rents and Iws not and will e==�
<br /> � �� not perform any act that would prevent I.ender from exercising i1s ri�hts under this{+aragraph. =_
<br /> �° Lender,or Lender�s agents a a judiciully appointed recelver. shalt not be rcquircd to enter upon, take control of or _.... __
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<br /> , ;.`• � maintain the Property i,�forc ar after SIvi�B notice of default to Bmrower. Howerer. Lender, or Lender�s a�znts or a �'
<br /> .�' - • � Y judicially appointed receiver,may do so at any time when a default occurs. Any applicatian of Renta shall not cure or waive
<br /> '' - � � eny default or invalidate any other righc or remedy of I.�nder. Thls t�ignment of Rents of the Property shal�te�mina�e When ` �
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<br /> -• .� c�`�� � aU the sums secured by the Securiry Insaumem sue paid in fulL -�•:,._•
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<br /> � '� i.CROSS-DEFAiJLT PItOd7510N.8orrowerk default or breach under any note or agreement in whicN Lender has an �_____
<br /> �i� � � � intaest shall be a M+each under IhP Secwity loanument and l.ender may invoke any of the Kmedfes pamiued by the Securiry .�..•-
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<br /> .�.::t � `;::i��.� '• ''' ' ,,, BY SI�NING BELOW,Borrower accepts and agmes w the terms and provisions contained in thic 1 Family Ridor. ��"�'�
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