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<br /> .,:�.,�,.� G.ASSIGNMENT OF LEASES. Upon Lender's re�uest,Boirower shall avsign to Lendcr ell lcases of the ��.�
<br /> _ property and all securiry deposits made in conne�don with leases of tho Property. Upon the assignment,I.ender
<br /> - - s6�all have the right w modify,eatend or terml�acc the exisdng leases and to ex�ute new leaus,in Lender's aote
<br /> discredon.As used in thls paragrnph C3.tho word"lease"shall mean"sublease" if the Sec�ulty Inswment is on a '`
<br /> " , Icasehold.
<br /> H. ASSIGNMEPVT OF R�N'�S; M3'OINTM�NT OF ItECEIVERi LGNDCR IN 1'Q�SESSIOI�T. �
<br /> Borrowcr ebsolutely and unccmdirionally assigns end transfers to Ler,der ell the rents and revcnues("Rents")of the
<br /> ° Property. ngardless of to whom the Rents of the Prope�ty ace payable.Borrowe�authorizcs I.ender or Lender's . _
<br /> � ' agentv to collcct the Renis.and agrces that each tenacit of the Prope�ty shall pay the Rents to Lender or Lender's �'� -
<br /> agents.Nowever,Borcower shall receive the Re�its�u►til(i)Lende�hs�glven Borrower notice of default pursuant to --
<br />_ „ �aragieph 21 of d�o Securlty Inswment and(ii)Lcnder has given notia to the tenant(s)thnt the Rents are tn be -
<br /> - -. '- . �ici w I.endar or Lender's egenG 'I`his assignment of Rents constitutcs an nbsolute assignment and nnt an :
<br /> � assignment for addidonsil securiry only. _
<br /> - � . If L�der gives notice of Uresch to Borrowex.(i)all Rents ra.eived by Aono�ver shall be held by Borrower as
<br /> ' 't uustee¢c�the beaefit of Lender only,to be applied co the sums secured by the Security Instrument;(ll)Lender sha�1 r
<br /> 'r��;:'�.„ be endtkd to caUect�nd rece[ve aU of lhes Rents of the Propercy:(ui)Borrower s�grors �hat each tcnant of thc •,
<br /> `" propecty shhallll pay all Rents due and unpaid to Lender or Lender's agents ugon Lender's written demnnd�o�he
<br />, .s"��4' , taoant;(iv)unkss epplicable law provides otherwLSe all Reats col�ecud by L.cnder or Lenda's agents s1�a11 be ���°'
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<br />�;•',,.;'.::: �••` ' applied first co the costs of teking cantrol of end mana�ging ttte J�npeny end collecting the Re�ts.including,but not ;�;;-
<br /> ;��`��� Wnited co.etwmeys' fces�receiver's fees.Premiums on receiver's bonds�repair and maint�enanco cosb.ins:uance °`
<br /> '�'�`"�=,• prem�wns�taaes�asses.s�nents end other charges an the Pmpecty. and ihet� to the suma secttred by the Security �'.'-
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<br /> _ �::.'.'�:ti Irtsauu�it;(v)Lu;�.I,�,�+'s agcnts o::s�y judlcisily r.g�lnte�!recr'svC[�h81!l!9!i.�l�!+��i'�+��1!fC►!0!�y th0�s _- _
<br />.?',i;:�::'`,'`.:��. _ Rwts ectuallv rxeivett;and (vi) Lcndu shall be cntitled w 6ave a receivcr appointed w take posse.4sion of and -
<br /> -��:`t"'` - o We and colloct the Rents end prnfits dedvod f�am the Proputy without any si�owing as to ti�a _
<br />_�:�,. ..;..�� �A6 �t5'
<br />- _;,••,,�,;`� � inadex�v.�cy of the Proputy as socwriry. _
<br />.___=:M:t,�s., . t If tho Rentg of the Proputy ere not sufficient to cmvea the costs of taking con�l of and m€�nagtng tha
<br /> `°°�Y�?�.�' „ PnnTx�ty and of colbc�ing the Itents any funds c�ended by Lendcr for such purposes shaU becoma indebtcdness�f —
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<br /> -zJe�__� �.� Bomowa w I.endes secured by tha Securiry Instnunent piusuant w Uaifam Covu�ant?. _
<br /> --=`-:`�=� ', Bwmwer rqxesents end warrants that Borrower hus not cxecuted eny pnbr assignment of thc Rents and has
<br /> --- not and wW not perform eny act that wau1d prevent Lendu from exercising its rights unda this parngraph.
<br /> -- I.enda.or Lender's agents or a judicially eppointed receiva�shaU nat be require�to enta upon.talce control
<br /> -_�.- ' of or mainuin the Piroputy befarei or after giving nntice of default to Borrowa.Howeva.L�ler. oc Lenda's
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