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� .. .. _ —� . . ..-.. — -- �-�;.. . - _,-�:-- �— . _ - _r� � r� b ^.+, �. _ _ ,. -:._-_- c.aw�4rs. .. �� .. ,,, -'_.___ '_ . __..-- __—___ -__- _ � =� . 92-- 1oso� H. A33TGNMENT OF R�NTSi A�1NT�KT � ��IVERt LENDER IN POS.4ES510N. Borrower abwlutely and uncondidovially a�signs sinnd tranafers to Lender all tho rents ar�d revenues('•Ren�s")of tWe property, regandless of to whom the Rents of tha Property are pAyab�e. Borrower auttiorfzes Lender or _..- -. ],,ender's agents w collect tha Rents.and agreea that each tenant of the Property ch�ll pay the Reat�to La►der or I.ender'r agenes. Howevet, Borrawer shall receive tl�e Rent�untU (i)Lw:nder has given Borrower nodce of de au t � puaw�t►t to puagraph 21 of the Secu�ity instrument and(li)Lender hac given notice to the tenant(s)that�he Rente �re to be psud to Lender or l.ender's agent. This�i�nment of Rent�conaciWtw an wbsolute Arci�mnent and not m acrlgnment for�iditio�wl sxurity only. If L.ender gives nodce of brqch to Borrower: (i)all Rents received by Barrower shall be held by Borrower •s uustx for the benefit of L�eMer only.to be Applied to the sums savrod by tF�e 5ocuriry lnstrumcmt;(ii)l.ender — — st�all be entided to colleat nnd r+e�ne�vc all uf die Renta of the Property:(iii)Borrower agrees thet each tenu�t of the — property slwll pay all Rents dec nnd unpaid to l.ender ar[xnder's agenta upon Lender's wr�tten dcnwnd w 1he tenant; (iv) unless applicablo law provides otherwise,all Rents collxted by l.ender or Lender's agents shall be AppNed first to the costs of taking control of and managing the Propercy and collceting the Rents.including. but not limited to. attorney's fas. receiver's feea. pc+emlume on receiver's bands. repair and maintenance costa, �r�oe pnrpiuma.t�ces. assessments and other eharges on the Property.aed then to tl�se sums cecured by the __ _ ��ty I��:fv)Lender,Lender's agents or eny judicially appointed roceiver chall be Ilable to accourt for only those Rents actually received: and (vi) I.ender shall be entitled to have a receiver uppuintud tu take - .� possession af and manage the ProP�nY and collect the Rents and profits derlved from the Property without any ctwwing as to the insdeyuacy of the Property as secur�ry. � If the Rents of the Properry are not sufficient to cover the wsts of taking cantcol of and m�anaging �he Properry and of collect�ng the Rents eny funds eapended by [.c�der for such purposes shall became indebtedne�s �� of Horrower to Lender secured by the Security Instrument pursuent to Uniform Covenant 7. ---�_ Borrower represent:and wa�rants that Borrower haa not executed any prior assignment of the Rents wid hos -- -- = aot and will irot perform any act�hat would prevent Lender from exercising its righ�s uader this paragraph. Lender, or Lender's agente or a judicialiy appointed receiver, shall not be required to enter upon, wke -- oantrol of or �rwintain the Property before or after giving notice of default to Bormwer. However. l.ender. or I.ender's agents or a judicially appointed recei�er, mey do so ut anY time when u default occurs. My application - --� of Rents shall not cui+e or wafve nny default or invuiidate any other right ur m��c,i�ot I.ender.'Tiiis assig:uncnt a£ ,ti Ky� � [tent�of the Property sh�ll termimte when all the sums�c,curod by the Se�.�urity Instn�ment are paid in full. - " �=� I.CR033-DE�AULT PROVISION. Borrower's default or breach under any note or agreement in w6ich � � ,�•.� Lender has an interest shell be u breach under the Security inst�ument and l.ender may invoke eny of the romodies _".�?E�: _�. ��^'•� permittod by the Security Instrument. =�� BY SIGNING BELOW, Borrower nccepts and agrees to the ternu and provisions contained in this 1-4 —`-,.�.�;�� Family Rider. CENTRAL PROPERTIES, INC. -ii.''=�W: -:_L�..� — ��,�q,��2�.,� �/WpL��G (�, — --- :�.�� rl "'��"�""-'�■ by: Richard A. Larson, President_ Borrower ..�s�.n;� ,`I'L�riti.. ---___�—.�_=� ��C�iV''Y K, � �_�'-�� y: R c ar A. Larson, uarantor_�� - -.�� ' G�.� (Seal) _-'-�==i��.^� by s anet P. Laraon, Guarantor .B,r„o„�� --_.:�_ _-;�-y:�,::;�ti� (�) •Borrower --.. _. :� .�._ .v�_. �.;ia —. -=_ .��"•:'•� � Form 3170�llO = ,..:.:.�.� �... , ..�,.. - t.� :4 d�`�`1k'"'T • �:sL� . .. .J .. •' . . • �__�-,_t�r�sr�r. _ _ �_._._ T�-�.�r:r��'."�PI/�",�'fT'r�+�"R-.�� ' . . .�T.:iiMtJ�l'..�... � . .. . .." _ i � .. `- . .. .... _ . � . . . ._ '.. ' ' " ' _' ` -F:: . .. -..• .:..f�-�'t�l.t:�.i._� .. .,.. . . . , _ .... . .t . . � �Y. �c� .._ _ -___ _ _ . _ . _ _ "- . __ __ _ . __ ___. "' ii .__'______ _.__•.-�_T __ ___._-._—_.._____. _.__ _ .__--_ _ _ _ .. --r—_-_"'_'"- -- • -_ . -.-"_ ._._ --_. _." _ __—_"_.. _ _ - ' � .. .�CV .. ��o ' ri •r . . � .• - - �ti . - J " .. � . V � �� .. '> . � -� . . . . . .' .�� JV � ' ' � .. ' • . ' . !I [ '• .. .. T��.`��y� V , 1� - ��. , ;� t� i - .. ` .. .. .. .. .. .. .. IT Y' � .. � � . . , ! .