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<br /> 92_ ios�3
<br /> H. ASSICNMENT OF RBNTB; APP'OIN77MEN'I' 0� RE(:�IVER; LENDER 1N POSSES9ION.
<br /> Borrower pboolutely oncl w�conditionally ascigns and uanafers w L�a�der�II the rcnt�and revenuea("Ren:s")of
<br /> t�e Propaty, r+e�Mleu oP W whom the Rpu� of the Properly aro payabic. &►rrower outhorfus Lender or
<br /> - �-_ -- -- - --, t.cnder's ageais w collect the Rents. ead agrets that each tenant�f the Pn+peRy R„�1 pey the Rents to I.ender or =
<br /> L�ender's Agents.Huwevu,Borrower�dall rooeive the Rente until(i)Le�der bas given Borrower notice of dofauit
<br /> purcuant w paragraph 21 of the Secudry Inurument w�d pi)I.ender has gfven notive to tho tcnant(a)that thc Rents
<br /> Aro w be paid w Lender or. Lender's agent.This acei�nment of Rema eonccitutes on ob�olute t�c+�ignment and not
<br /> �n a�igament for wddidone!socudty only.
<br /> If Letder gives notjce oP breach w Borrower:(i)all Rente recelved by Borrower shall be held by Horrower
<br /> -- --- --- os trustee for the berxtit af Leada only, to be opplied to the sums sacurod by Ihe Security Instrument:(ii)l�ender
<br /> ehal!bo entided to collect and raxlve dl of the Renta of the Property;(iii)Borrower agrccs that each tenant of ttoe
<br /> property chaU pay all Rents due ond unpaid to Lender or I.ender's agenw upon Lender's written denwnd W the
<br /> tenwnt; (iv)uNcss applicable law provides otherwise, all Renta collected by Lender or i..cnder's Agente ahall be
<br /> �pplied 8�st to the cost�of teking coatr�ol of anti menaging the Property and collecting the Rents. including.but
<br /> � aot Iimita! to. altarney's fees, receiver's fas, premtams on recc[ver's bonda, n.pnir and m�ntenerwe oa�t�. _
<br /> � insuranac premiums.ta�ce9. asseasmenl�and oti�er chergea on Ihe Property, end then to the cums secured by�he
<br /> � ' ' S�curiry Instrument;(v)L�ender,Lender's agentx ur a��y judiciwlly appointed receiver chall be liable to accaunt for -
<br /> only thosa Rent� ectually received: and (vi) l.ender shall be entltled to have n receiver appointed to wke
<br /> possession of and manage the Property and collect the Renta ond profiu derived from the Property without eny
<br />- ---- - �howing as to tho inadequacy of the Property ae security.
<br /> If the Rents of the Property an not sufficient to cover the cosu of teking control af and managing 1he
<br /> Property and of collecting the Rents any funds eapended by I.ender for such purposes shall become indebtodness
<br /> of Borrower to Lender secured by the Secudty Instrumen[pursuant to UniPorm Covenanl 7.
<br /> Borrowor rcpresents and wArtanta that Borrower has not eaecuted any prfor assignment of the Rcnts wid ha�
<br /> not and will not perform any act that would prevent l.ender from exercising its r�ghtc under this paragraph.
<br /> Lender, or�xnder's agenta or a judicially appainted receiver, shell not be required to enter upon. wke
<br /> � — wnuol of or moiniein thc Property beforc or after giving notfce of defwlt to 8orrower. However. Lender, or
<br /> i.�x�'s sgents or a jud3cfailY �intcd scrcivcr. m:.y da so�t any tirne ul:as�defsult�ccssrs. My applicatlon
<br /> — of Rents shall not cure ar waive any default or invaUdate ony other dght ar remedy of l.ender.This assignment of
<br /> " Rents af the Praperty shall tcrminate when all the sums secured by thc Security Tnstrument are paid in full.
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<br /> <<,� I. CROSS�DEFAULT PROVISION. Horcower's default or breach under any note or agreement in which
<br /> — -- Lender has an interest ehall be a breach undcr 1he Secu�ty Inshument and L,endcr mwy invoke any of the remedies
<br /> �;��.�� perntiued by the Securfty Instcument.
<br /> _�� BY SldN1Na BELOW. Borrower accepts end agrees io the terms and provisions oomained in this 1-4
<br /> -- Pamily Rlder.
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