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<br /> _--- _--_�_'=`:��:;;, N. A.Q.SIGNMENT OF Rf�NT9i APf�1N7'M�NT (1F RF:CN'IVF.Rt I.F.NDt?R IN PO'��D�.9gION.
<br /> _��o'�y'_-4 Brnrower aheolwely und uneanditionally ucefgns and trnnpferA tn Lender ull the reni�Aod revenuea("Rentc")of
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<br /> � � �«-..,:.,.,.._�_.,,;,,,• thc Propeny, rcgarQlesR of to wham the RentK ot' the Pn�peny ure puyahlc. Bormwcr uu�l�u�izes [.cndcr ar � -:
<br /> —��-g. ,�: ;,;s;;' Lender'a Agents ta collett the Renta, and agrees thut each tcnant of the Property shall pay thc Ront�s ta l.ender or
<br /> �:���^="Y��='�' .: I.ender'v�gents.However, Hr►rrower shoU receive the Rents uotil(i)Lender bas given Borrower nntice i�f defuult `
<br /> �-'�'��d�'`._: pu�suant ta purograph 21 af the Security Instrument and(fi)l.ender hua given notice io�hc tenAnt(sl that�he Rents
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<br /> ure to be pald to L.en der or L en der'4 agen t.T h i�as c i�n m e n t o i R e n t a c a n e t N U t e s�n a b s o l u t e�►s s i Q n m o n t a n a o t
<br /> "°"`��,,��""...~ an acsigntnent far addiNonal serurity only.
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<br /> �,,;,,d;,_;_ .:,,.: .�..� IY l.ender giv��s natic�oP brexh to Borrower: (i)all Rc�ts rereived by Born�wer shall bc held by BaRawer =_-
<br /> Y;,;F.,:•._^�:�_,� as tn�s�ee for the benefit c+f l.ender anly,to be appli«i to the sums secu�d by the Security Inslrument:(iil l.ender �-
<br /> '� �k�- shAll he entitled to collect and receive all of the Rents of the Properry:(iii)Borroweragrees that each tenant uf'the
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<br /> .�l. � propeny slwll pay all Rents due w►d unpaid to Lcnde�ar I.endcr'9 agent� upon Lender's writ[en demand to the
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<br /> „� N�! �, µ;,;, tenant;(iv)unless epplicable law provides otberwiw�, aU Rents collect�^d by Lender or I.ender's agents shall be �. .
<br /> "n� ,;i � 'E. appiied fircc to the coste oY taking control of und msinnging the Property a�d callec�ing the Rents, incbding,but
<br /> ;p���;�- .,Y;,,� nnt limited w, ettorney's fees, receiver s fesx, premiums un rcxeiver's bonds, repair and maintenance costs,
<br /> f_ ' �"'""' ��;� insurance premiums, taxes. ussessments and other charges on �he Propeny,and then to the sums secured by thc
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<br /> ---:---��---^���•'' "� Securiry Instniment;(v)l.ender.Lender's agents or siny judicially uppointed receiver shall be liable to account For
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<br /> r�i��:�� ,.• �, ._ � unly those Rents actually received; and (vi) l.ender sholl he entitled to have a receiver appointed to Iake �__
<br /> -�•• � �y •v " '�, possession of and manage the Property und cotlect the Rents and profits derived from �he Property withaut any �.`::
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<br /> -- -- �:�ar��i�Q;��;� s{wwing as to the inadequacy of the Properry us securiry. .
<br /> j`'?���;��tu;��''�h��F�''�"jk�'��•��},� If the Rents of the Property are nc�t sufticient to cover thc costs of takin� conuol of and managing the '
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<br /> `�''''�''� ���{�}��r 1...,; Propeny and of collecting the Rents �y funds expended by l.ender for such purpases shull become indebtedness �T.�=
<br /> ��'���s�� y"�+'•'�r'" 1 r� aF Borrowcr to L.cMler secured by the Securiry Instrument pursuant to Uniforrn Covenont 7. ""
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<br /> e1 ���t�'�'�'lsr,$`ik��'�'` � • Horrower represents and wurrants that Barrower has not oxecuted any prior assignmcnt af the Rents and hav
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<br /> � lr•�,�� a�JI�:'.., not and wlll not perform f►ny act that would prevcnt I.ender from exercising its rigiNs undcr Ihis parugraph.
<br />°?;'�,��,1�,j�l;�i'�g���t��t Ixnder. ar I.ender's agentc or a judiciully appointe�l receiver, shall nrn t►e required to enter upoo, t�ke
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<br />�,t;� ,��.,� ,�x�>��:, S? ,r , cantrol�of or awintain tbe Propcny befaro or after giving naice oi default so Hortower. Nowever.L.endc�,ar
<br /> ,•+-. �'�,,t�< ,k�1..���•.:,.��;A.I,r,t Lender s agents or a judicially app�intcd receiver,ma�do sa�t any timc when a dcPault oceucs. Any upplica�ion
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<br /> _;;,� ,.t..� ,. o,Rc�tio:�!-.�t!no. ..s�or xa�v__..y�efault nr invulida►c any aher ricM or rcmedy nf Lender.Ttii�assi nme�p of _ -
<br /> "{ � t t:;-;F jf1';°���� � Rente of the Property shall terminate when all the sums secured by the Sr.curity lnstrument ure paid in full. __,
<br /> ''�"� t ����```��,�' I. CROSS-DEFAULT PROVISIQN. Borrower'c default or breach under any note or agreement in which
<br />'•`�'"� � �,'����'� :`�.;;•� Lender hes an intercst shpll b�a breuch under the 5ecurily lnstn�ment und i.endcr nwy invokc any af the �mediex =—
<br />.=• .,.,.' • �:,.,'• � � permitted by the Socuriry Instrumcnt. `_`�
<br /> ', ` � BY SICZNING BELOW, &►rcawcr a�rcpt.and ugrecc lo the tcrms und provi�.iuns contnincd in Ihis I-4 � ��
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