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<br /> 96- �09'793
<br /> C.ASSIGNMF.NT OF LEASES. Upon Leader's request, Borrower shall nssign to l.�ndcr all leas�^s af the
<br /> ,�;;,� pcaperty ancl all security deposits made in connecdon with leascs of the Pn�peetY• UPon th� ussj8nment,Lender
<br /> „_. .,�. shaU have Ihc ri�yht to mod.ifjr,extend oc tcrminatc�he cxlsting Icases end to cxecute new leases,tn 1.cnder's sole
<br /> dfscretion.As usetl in this paragrnph G,the word "lease'shall mean "sublease" if 11ie Security Instrument is an a
<br /> Icaschold.
<br /> H. ASSIGNMENT OF RF.NTS; APPOINT161ENT OP R�CEIVER; I.ENDER IN POSSESSION. .;,:,
<br /> Borrawec absolutely end unconditiQnally essigns rard�aasfers to Lendec all the rents and reve�ues("Rents")of the _.
<br /> Prope�ty.regardless vf to whom thti Rents of the Proputy are payable. Aorrower authnrizes I.ender or Lender's '�.;.�,_
<br /> agents to collxt the Renta. and agrees that each t,enant oF the Property shatl pay rhe Rent,g to Lcnder or Lender's �f `_
<br /> ��•� agents.Howeva,Borrower shaU receive the Rents until(�I.ender has given Boaower notice of default pursuant w r___-
<br /> :� paragraph 21 of the Securlty lnstrumcr�t and(ii) Lrnderhas givPn nouce to the t�nant(s)that thc Reriu ere to be
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<br /> �. paid 'uo Le+�du or l,ender's aget►t 'I'his assignnier►E o[ Rents cunsdtutes an ebs4lut�s assignment end not en �_ _
<br /> .. � assignmcnt for addirional security only. �ii�`
<br /> If Lender gives nodce of Ureach to BarrowG;r:(i) all Rcnts receivcd by Borrower shall be held by Barrowcr as
<br /> . ,•' wstee for the benefit of Lender onty,W be aYiplied to the sums socured by the Security Insora-r��."•t;(�3)�der shull �;_�,==-.
<br />" be entided to callect and recetve all of the Rents of' �he Pcoperty: (ill) Bonower sgrees that each 0°..�ant of the �-"-
<br /> Property shall pay aU Rcnts due and unpaid w Lender or Lender's age.nts upon I.ender'n writte�n c1e��nd W thc �'k=
<br /> .�.� tennnt; (iv) untess applicable law provides otherwise.a� Rents callectecl by Lender or Lender's age�t�shall be �
<br /> applIed fvss W ihe costs of takIi►g conunl of and managing the Property and wllecting the Re.�ets,including,but not [��>-
<br /> . :;,, lir,iitet!to.aitomeys' fees,r�elves's fees.Premi��ms onrcxeiver's bonds.repair and maint�ax�nce c�sts.insurance
<br /> gremiums, iaaces, as�ossments end other charges on the l�mpertY� and then to the sums sec�ued by the Securtty
<br />--•• ' ' Instiuumment;(v)I..ender,Lender's agents or any judlck�lly a�ointed receiver shall be liable tn a�count for only those
<br /> �-::�.:�::R: � itet�ts acwaity rcceivcu:and ivi�Lia�3u s�wii��t6:t;:3 iC!t::'e�r�'piyPr�ninted tn takc ooss�sinn uf and =-
<br />_ ' i;•. �, mantt�e the Property end collect the Rents and profits derived from the Property �vithout any shorizng ds to the
<br />_:;,; �' '.i�:� ;' inadec�uacy of the Propecty as securlry.
<br /> _ �• �''� '. If the Rents of the Pro�ty are not suff cient w cover d�e wsts of taking control of end mamagin8 the
<br /> ��'•:'tti4;s.;,'. ' Pcopefiy and of coAecting the Rents any funds oxpu►ded by Lendu for such purposes shall becorne ind.^,btedness of
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<br /> .-z.;•� '� Horrowu to Lender secured by tho Secud►.y Insua�mmerntpursuant to Uniform Covenant .
<br /> ~ :�'-`��' or assi mast of tha Rents and has
<br /> ---�,..,:�;;'„ � Boirowa rcpresents and warrants that Bomower hag not caccuted anY P� Sn
<br /> --_==-=�.����.� not aud will not perforn►eny act that would prcvcnt Leader from exercising its rlghts under�'�is par�graph.
<br /> ��`=" '' " Lsndei,or Lender's agents oc a judiciellY appoint�rcceiver,shell not be rcquired to enter upon,talce conuoD
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<br /> ;;y,�;�, af or ntaintain tho Propaty b�foro or efux giving notfoe of default w Horrower. Howavez. Lendu.or L�endu's
<br /> -_:�:,�,;�-,� ageats a u JudiciaUy epj�oinced receiva.may do so stany dma when a default occurs.AnY �PP��an of Rents
<br /> _"LL��`�:� shall riot cure or waive eny defauit or invalidate �ny aha•dght or rcmedy of y.endcr.'It�is assignmem of Rents of
<br />.=.....-���_=�!:'�� ,�e Propaty sA:�ll temlin�t�when ell the sum9 socurect Ey the Security Insaunnr.nt axe paid in�'ull.
<br /> '�"='=�-���%� �.i:��SS-DEFAUII.T PROVISZON. Bomower's default or breach und�r any �nou ar agreement in ____
<br /> -"'�"9"''-�'_� which Lender ttas sn interest shall bo a brcach undex the Security Instiument and I.endrt may invoke any of the
<br /> _--� cemedies permitted by the Securiry Insuumeat.
<br /> `��';Kn;�� BY SIGNAVO BELOW.Bocrower accepts and a�ees w the tem►s and provLsions contained in this 1-4 Femily
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