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<br /> G.ASS1G1V1til�tVT OF 1.1E.AS�S. U{wn I.raidcr's rcquc:;t.[ierrotver shal!a�sf�n tn I.ender aU lcav�ti nf ihc .
<br /> Propetty and all secutity deposits made in connection with leusas of the Praperty. Upon the nssignment. Lender
<br /> shall have the right ta modify, extend or eenninatc the existing leases and to executc new leuses, in I..�:ndcr's tialc
<br /> discreiion. As used in this paragrnph G,the ward"lc�ise"shall nxan"sublcasc" if the Security Inst�vmcnt is on
<br /> a leasehold.
<br /> H. ASSIGNME:NT OF RENTS; APPOINTMENT OF RECEIV�R; LENI)TR IN I'OS.�E55[ON.
<br /> Barrower ubsolutely and unconditionally assigns and tmnsfcrs to Lender sU thP rents and revenucs("Rents")of _
<br /> the Proprrty, seg�rdless of to whom the Rents of the Property are payable. Burrowcr authori�.es Lxnder or
<br /> L.ender's agents to callect the Rents, and agrees that each tenant of the Pruperty shull pay the Rents to Gender or
<br /> Lcnder's agents. However,Bonower shall receive the Rents until(i)Lender has�iven Borrower notice of defoult
<br /> pursuant to par�graph 21 of the Security Instrument and(ii)Lender has�iven notice to the tenant(s)that►I�e Rents
<br /> ar�tn be puid to I.ender or I.ender's agent.This a.ssignment of Rents constituces an absolute nssignmcnt and nat
<br /> un assignment far additionat security only.
<br /> If l.endcr gives notice of breach to Borrower: (i)all Renu received by Borrower nl�all be hefd by�arrow�r
<br /> as tn�stee for the benefit of l.ender only, tu be applied to the cums secured by the Security Instrument; (ii)l.ender
<br /> shall be entitled to collect a�d receive all of the Rents of the Property;(i�i)Borrotvec agrces that each tenant of the
<br /> lF.raperty shall pay all Rents due and unpaid to L.ender or Lender's agents upon L.cnder's written demand t�n;lne
<br /> tenant; (iv)unless applicable Inw provides othenvise, ult Rents ccsllected by I..endor or I.ender's agents sha�9 Q►e
<br /> applied first so the costs of taking cantrc�i of and managing the Aroperty and collecting the Rents,including, but
<br /> not limited to, attorncys' fees, recciver's fees, premiums on rec�iver's bonds, repair and mnintenunce costs,
<br /> insurance premiums, taxes, assessments and other churses on the Propeny, and then tu thc sums secured by the
<br /> Seeurity Inatcument;(v) Lender,Lender's agents or nny judicially appointed receiver shall be liable tu uccount for
<br /> only those Rents actually received: and (vi) Lender shall be endtled to have a receiver �ppointed to utke
<br /> � possession of and manage the Property and collect the Rents and pro��s derived from the Property without any
<br /> showing as to the inadequacy of the Properry as security.
<br /> If the Rents of the Property ure not sufficient to wver the costs of taking control of and nusnaging the
<br /> Property und of collecting the Rents any funds expended by Lender tor such purposes shall become indebtedness
<br /> vf Borrowcr to Lendcr secured by the Security[nstrnment pursuant to Uniform Covcnant 7.
<br /> 8orrower represents aid warrants that Borrower has not executed any prior nssigmi�ent of the[Lents and has
<br /> not aixl will nut perform any uc:t that would pmvent Lender f�om excrcising its rights under this paragraph.
<br /> Ixixler, or Lender's agents o� a judicially appointod recciver, shall not be roquiral to cnt�r upon, take
<br /> control of or nwintain the Pruperty before or after givinE notice of default ta Barruwer. HowGVCr. I.erxlcr. or
<br /> Lender's ngents or a judicially�ppointal receiver. may do so at uny time whcn a defuul�occurs. Any application
<br /> of Rents shall not cw�e or waivc any default or invalidatc any uther right or rertxdy of L.endor.Ttiis assip,nnxnt af
<br /> Rents of the Propeny shull terminate when all the sums secured by the Security Instrunxnt ure paid in fuli.
<br /> I.CRQSS-DEFAUGT PROVISION. Borrower's default or bre3ch under any note or agreement in w8ich
<br /> Lender has an interest shall be�a breach undcr the Securtty Instrument and Lend�r may invokc any of thc remodies
<br /> permittai by the Security Instrument.
<br /> BY SIGNING BELOW. Borrower accepts und agrees ro tne terma and provisions contuincu i�� this 1-4
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