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<br />`�+�'"'"�� (i.ASSIDIVM�N7'OF L�ASES. Upon Lender's request,Bonower shall assi�o L.cnder ell leases of the
<br /> . Propc�ty end uU securIty deposits made in connecdon with leases of the Property.Upon the osstgnment I.ertder
<br /> shall have the dght to modlfy.catcnd or terminate the exisdng leases and to cxecute ncw leases.in I.ender's solo
<br /> discradan.As used in this paragraph O�the word"lease" shall mean"subleasc" if the Security Instniment is on a
<br /> lc�sehold.
<br /> ' H. ASSIGNMENT OF ItENTS; APPOINTMENT OF 1tECEIVER; LENDER IN POSSESSION. _-
<br /> Boirowu absoluuly and uncondItionally assigns and transfera to Lender all tho rents and revenues("Renta"}of tho {�'-
<br /> Property.regardless of co whom the Rcnts of ttie Pa+operty are payablo. Horrower suthorizcs Lender or Lender's
<br /> � � age�ts to coUect the Rents,end agree.v that each wa�anl of the�toperty shall pay the Rents to Lender or Lcader's ,�� ,
<br />_ ,.;, egents.Howevu.Boerowet shall t+eceive the Rcats until(i)Lendu has given Borrower nodce of default pursuant to .;
<br />. �, .: par�gcagh 21 of the Security Instrument and (ti)Lender has glven nodce to the tenant(s)tiwt tf�e Reats r�a to be ��''_`
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<br />-- � "�; paid to Londer or Lender's agen� 'It�is essignment of Rents consdtuus en absolute pssIgnment and not an (;:;�?= `
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<br /> �usigiu,�e,ei�o�a�Iuanat�,,.-c.,--lty c�tiy.
<br /> •� �-���� If Lendtr glves notice of breach w 6orr�wu:(I)all Rer►ts received by Borrower shall be held by Boirowes as
<br /> Tµ.r.,`
<br /> trusteo for the benefit of Lender only to bc appli;d to the sums secured by the Securiry Instrumcnt;(ii)I.ender shall �'-`��,.'
<br /> � �r'- �
<br /> �:��;;;._,,�� be ea��tled to colleet a��d recelve all of the Rents of ihe Pcoperty: (iL) Borrower agees that each tenant of the �;_;.-
<br /> '`�•''� Propaty shaU pay all Rents due and uapaid to Lender or Lender's egents upon Ler►der's wriuen demnnd to the �.•-
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<br /> �•� tenant; (iv) untess applicable law provides othetwise,all Rents collected by Lender or Lender's age.nts st�ell be �'t`
<br /> ='�``,y='"` appliod i'irst w the costs of laking conu+nl of and managtng the Property end c:oQecdng the Rent�.includL�g,but not __
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<br />;-`�i-;,, Wnited to.atwmeys' fees,receivu's fas,premiums or�receiver's bonds,repa#r.and mninte,nance costs,insurance ___.
<br /> •. premtums. taxes,assessments and other charges on die Pmperty, and then ro the sums secorod by tha Securlty —
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<br />_:._`{,�.� - instrument;(v)iender.under's agents or any judiciaity appuinicu ni;c.�ix n�,n33�IL-w�a i�occ.-,uat::,r�st:�r thc�,.
<br /> `'��"��� ' Rents acwally received; and (vi) Lendcr sh�U be endtlod to havo a nceiver appointed ro teke possession of and .�
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<br />_.�„u� ;.�.�: � managa d�e Prope�ty and collect the Rents and Qrofits derived from the Property without any showiag as w the
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<br />--x,�'C•"'L�` � inadoquaey of the Aroperty�sec►ui�y.
<br /> -���,�r� If tho Rente of the Property are not suf�icient to cover the cosss of�king conuol of and rms►naging tho
<br /> --�- :--- PiropatY and o£oollectL�g the Rents any funds eapended by I.ender for s�ch�wposes shall become in�7ebtednrss of �;`.
<br /> -"'. _= Bamaa to Let�der secured by the Security Inst:ument pursuant tc�Uniform Covei►ant 7.
<br /> ---- --- - � ' Hoemwu represents and war�nta that�orrowcr has not eaecuud any prior as,signmeat of the I�ents and has
<br />�«,n� , na and will not perfam any ect thec would prevent L.cnder from euercising ita rtghts under this paragraph.
<br /> --= Lender,or Lenda's agents or a judkially appoinud nceiva,st�all not ba roquired to enter upa�,take controi
<br /> ���' ,'. of or mafnta�n lhe P�roperty befon or efter givtng notke of default to Borrowu.However,Lcnder.c�i.ender's
<br /> __ - . . egents or a JudiciallY appointed receivu.msy do so et any Hme w�en a default ooaus.My appiicatlor►of Renv
<br /> _--�� sha11 not cure or waive any ckfauit or invaiidatc any other¢ight a remedy of Lendu.'Ifds assignmatt of Rents ot
<br /> --°° the Propaty stull t�em�inete when afl thC sums secured by the Security Insuumcnt ene puid in full. —
<br /> ��-�-�W- I.CROSS•DEFAULT PROVISION. Eocrower's �lefault or t,reach under any �ate or agreunent in
<br /> which Lendu ha9 an Intenst st�all be a breach under the Security Insttument and Lender may invoke any of the
<br /> =� remcdks pamiucd by the Sccurity Iastn�ment •
<br /> _ -'_:,,� x }bY SICiATING 8ffiAW�Bomower accepts und agoes to tho terms and pmvisions contained in this 1-4 Family
<br /> --- :_:� Aidu.
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