|
:. . i�:;;::�.f
<br /> �� '� �. , .:i�` --
<br /> ..: � •..,�e� -'--
<br /> "'�, r ., S � -
<br /> ...�iA� . _ .. . .. . __.�_. ._"' "..��..'�"' __.. _. . �_._. . ..•r� -- .
<br /> �TMI! - ♦ . ..5_. . . . '_... .. - .� . . .,. � ...�_"..�ru..,-:'.....
<br /> . . . l.' �/,�F� . • • . • . ..��:![�MT{ht�:'!v'�.'..�'. . • .. ' .}.:.T.- . �.� �y_...� _ .
<br />,.._.....�_. .r1f....ut.l, �.�.�=ry- . . . - ... ' . . � . '. . . .. . . - ' ._i.�_ .fa . - . ;�l� � •.. ..a�a. ._ .
<br /> _f1�r�.a. . ..
<br /> } .. � - . ' �•' . (� . ' . .. .. . , . .. .��i:'"'lr:{'�-j..i•`rY!
<br /> � ' . . .. •) •. � ..�t�a
<br /> - . - . . - , . .. . .. '•t ti:'�^::
<br /> ..
<br /> . . . . .�... .- _".. ... .. - .. .. .. .._ .-... � �-
<br /> �r �• _. . ..... . . ._ .. .... .. . . .... . . .. ..,. . . - !. �—
<br /> . ' t ��'I(�_-�
<br /> c,�— i0�59'7 ��=:
<br /> �.� �___-
<br /> .-r�. ,`'� G.ASSIGIVNAEN'P OFLEASBS. Upon L�c;ndcr's rcqucst,Boreower ahsill nsslg� to Lcndu�Il kascs of�ho =-__
<br /> �,�; ��n...
<br /> � proPeriY a�d all�ecurity depo` U n the acsignmsnt,Lendcr
<br /> �lts made in connocdon with kases of thc Propercy. po �-
<br /> .,, ._. �
<br /> shaU havc tho dght to modity.ext�nd or tenminate tho eaisdng leases end a caecuu new Ecases.in I.ender's sole �,.x,.
<br /> --�_.
<br /> discretion.As uscd in�his parag�aph G.the wor�d"lea5o" she11 mcan"subkase"if ihe Security Instrument�s on n ����
<br /> ii
<br /> �,' leasch0{d. �.__.
<br /> �, �i. ASSIGNMENT OF RENTS; APPOIN'I'MENT OF ItECI:IVER; LENDEIZ 1N POSSESSION. �
<br /> , Bortower absoluWly and uncondidonnlly�ssigt►s end trensf��abk. Sorrower enthacizes uI..end,u or�„Lender's _° -
<br /> . , pr�peaty,regardkss of to whom tho Rents ot tho PcopertY PaY S� �y �Rents to I.�der or Lender's
<br /> .�,:�,.:' egents w coIIoct the Ren�s�and egcees that tach tenant of the I'ropeltY
<br /> '. o,gratts.Howovcr,Borrowet shall roce[vo the Rents utuil(i)Le�der hes Blven Barower noticce of default pursuant to
<br />. . I�a►�++pt►21 of the Sx�rGry Inst�mcnt end(fi)Lender hav given nodce to t1�o tenant(s)that tho Rents ara w be f
<br /> � , ,.,..„ paid to Lender or I.ender's agenG Th1s assignment of Rents constituus an absolute assignf�ie+�t e��d nat an
<br /> """" assignmcnt for e d d i d o n a l sxuui ty only.
<br />, If Lender gives noticc of breach to Horrower.(i)e11 Rcnts rccelvcd by Borcower shell be held by Boaower es - -
<br /> ".,. ,• wstea fa the be�efit of i,�ndcr�nly.to be aP9lied to the swns se�ured by�he Sxurlty Instrument:('n'�Lender shall
<br /> L " be endtled to collect snd�eGetve all of thc Rents of tha PenpertY: (iii) Bozrowu egrees thet cac�h teaant of tbe
<br />-- pmpeity shall PaY ai1 Raiu due and uapaid w Lendu a Lender's egents upon Lcndu's wrltten demand to the
<br /> '�,,:�`'"`-='--- tenant; (iv)unless aPPlicaele Inw provldes otherwiss.all Rents coliectsd by T.endcr�r L,endcr's agea�ts shall ba
<br /> .-=��*�:r and colloctiag z�ie R�nta.including,but not
<br /> ''���'" applied Cust w�he cus�s ot ta]dng contml pf end mai�aSinB�a Propeity
<br />�=c'���� limit,ed w�attornoYs'ftes�tecetves's foes�Premiutns on receives's bonds�r�patr antl tnatnunanco cosls.irisurnnce
<br /> ��r-;'�� premiums.qu�es,asses.unents end ottKt charges on the ProputY�end thui to tho eums secured by tl�a Sec�rlty
<br />-�'�.s;�. I.. i.�,��,T�eg's a¢mts or anY judiciallY ePPointal rece:iva stwll ba liabb to aa:nunt fa only thasa
<br /> &w�i.uR.'Y'.�'r i•� — '-- --�.�..:^'i C:...'�
<br /> -_:;�'� Rcr�ts acwaliy teceived: end (vi) Lenda shall be endtled to have a ra�.eiver�ppom�t�y sho slwitt8 W the
<br /> -- n�anage the Pcropa�Y end collect tLe Rents end profits derived from the ProP�Y
<br /> --'��,�� �s socurity.
<br /> -._:-:�;;,�;� iradcquscy af tho PcoPu►1'
<br /> _---� If the Rent� oP the FroPa►Y are not sufficient to cover the wsts of tatcin��10��.��of
<br /> -°- propeity end of collocdng i6�e Rems eny funds expended by Lenda for such pucpo
<br /> Boemwa to Lenda eecuttd'l�y tho Security lnstruma►t Ptusuant ta Uniform Coae.�nat�.
<br /> '"'�'' Borrowar repre�eu�ead warraa�ls thst Barower has not axecuted any prbr assignma►t of the Rents and has
<br /> °a',�•"� not anc1 will nntperfo�aa eny act th�t wouW�vatt Lender fmm eacereisir►8 its rigt�ts under thig parag�ph•
<br /> L�uler,or I.eixkr'9 e8�nt�or a judiciaUy aPpoint�ed roceiver�shall not be reqvired to a►tu upon�teko control
<br /> -----— of or meint�n tha �roPatY lxfom or after gnving notice of defauft to Borrawu.I�.aw�vu,La�d�a'�or I�ender's
<br /> � � ega�ts oe a judic1s11Y aPpeinud rexiva.may do so at any time wixn a defeult occurs.My appiicuton of Renta
<br /> stia]l not cure a waive any default o�r invalidate w►y°tt�r r�'t or remedy of I.end�r.'This aes3gnma►t of Raets of
<br /> ---- the Pcoperty shall trsminalc when all the sums securod by Ihe SecurIry Ie�strumwt are paid in fWl.
<br /> I.CItOS9•nEFAi1LT PItOVISION. Bormwa's defalt or breach wida' az►y nota or agr°ana�t in
<br /> -- --—� which Lender he.9 an irut�t etuill ba a brc«ch undu�;e Security In��ur.��nt�nd Lender may involco eny of tha _
<br /> retnedies Permiq�ed by tl�o S�cutity instrumenG
<br /> __ — BY SIGNII�iG BEIAV�/,Botmwa ncce�ts and e�r�es w thc temis and provisions contained in this 1-4 Family•
<br /> Ridc7.
<br /> � � �� "'!�J�� (Scal) .
<br /> —— o-- �S/,��. �•�. In- r //�- '� (Seul)
<br /> -°---- �� CiiARLES Fi WI'PT •BorroHac NELLIE M WIT?.'FR -Horrower
<br /> (Seal)
<br /> _—__==� �S�� -Horm�vor
<br /> _...-;:„� -I3orroMer
<br /> ��`��
<br /> _�F�:i'�_Fx�_
<br /> m�.;'.aSilS� ...
<br />=°'':�'�� � (�•bT 1oso�l.o� P�D����Z Fo�m 3170 91a�
<br /> _ ,_;,�j;.�,.:
<br /> =�:�_,f.ys.,y'.
<br /> ir.� T
<br /> •.;l•4'i'���
<br />_.ti�_ •r
<br /> ...._, • .9 -
<br />. ••4 y�._;�};•,�, • -
<br /> :+w'SkY'7' � -
<br /> _ .i
<br /> • j � .�"'"'""'°�''','
<br />.:- .t` . . �- '���.�.r- -�.awv�-�'-^"•.�'^' . . • .�' .. ,..y,= ^f:•;�Y: . , . , Y - .,.
<br /> . ' , � _ . - .. . . - ' Y,• . •� • -
<br /> . -
<br /> �". .. �.ti4+� �. ' . .,
<br /> � . . ' ' ;,� ' �� '��� � - .� .. _ . .
<br /> ' �1 . 1 r Mt��t.�*,1f• .
<br /> .. �� • " . .. . ,Y:t...��M ��'� r . . .�
<br /> .. � .. . C..T: � ..
<br /> . , ' ., �,SP ac 'J�"`..s�� � �
<br /> ' . y °1 ey... �. .
<br /> � .t"*iJSt.�i' . • .. .• . ��M. .��4 . L ' ' :
<br /> . 7� . . . r ,� 7j.�,•?7`Y'. •`•.`- .. ' c.
<br /> .. .� �. . _ . . . ' �� � ` , .. ..
<br /> .,V � t}r.;,R.,,r!:ti��;'
<br /> . _ . .tu,
<br />, . " . . . � '"r t'i: i._ " ,, .. , ^ � ' _.
<br /> . `. .. � • • � . ..�..r� _., _.1. ,n -_.
<br />
|