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<br /> ,,,,�,���' G.ASSI(iMMENT OF LFASES. Upon Lcnder's requcst,Borrower shall assign to Lcnder all leases of Ihe
<br /> �•�•�� �°'°'! Property and all securiry deposits madc in connecdon wIth leases of rhe Pcopeny. Upon tha assignment, Lcnder
<br /> � shall havo tho right ta modify,extertd or terminatc tho cxisting leases nnd to cxocuus new leases,in Lsndcr's sal$
<br /> � discredon. As used in Ihis paragraph a,thc word"lease" shall mestn "sublease"lf the Scxurlty Instrument is on a .°-
<br /> leasehold. ��?-
<br /> H. ASSIGIYMENT OF I�ENTSi APFOINTMENT OF LtECEIVER; LENDER IN POSSESSION. �'"%'�=__,
<br /> Harrower absolutely and uncandltianally assigns and tranc.°ers to L.ender aq the rcnts and revenues("Rcnts")of U►e
<br /> Property,regardless of w whom the Rents of the Property arc payable.Bosower authorizes L.ertder or L.endcr's ���-
<br /> � � agents to collect the Rents,and ngrces that each tenant of the Property shail pay the Ttents w I.ender or Lender's �?��"-
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<br /> agents.However,Borrawcr shall receive the Rents until(i)x.ender hns given Borrower notice of default pursuant to ,,_._�
<br /> �arag,��i►21 of I�ie Secu�ity Iast�uraent a�►d(ie)I.e�d�has give,�nodce to the te¢lant(s) thst the II3ents ar to b:. `�;,__
<br /> paid to Ler►der or Lender's agen� 'ltiis assignment af Rents constitutes an absolute assignment and nut an •-�
<br /> assignment fer additlonal securIty only. -_—
<br /> f, � If Lender gives nodca of bm.ach to Bonower:(i)all Rents r�er.�3ved by Barrower shall be held by Borrower as �"=`=
<br /> fiistec for the benefit of I.cnder only,w be applied to the sums sec+ued by the Securlty Inst�umenh(n)Lender shell
<br /> be enlitleti to coUect and receive uU of tt,e Rents oF the Propeaty; (iii) Borrowcr agrees that each tenant of the °-
<br /> . ;� Proputy shall paY ell Rcsats duc and unpaid tn Lenda or LendGx's agcnts upon Lender's wrltten dcmand w the ''. -'�
<br /> tenant; (iv) unless ap�licu6le law provides othemisa,all Itents collectod by L.ender or Lender's agenta sliell be ';�"';;.:
<br /> applied fust to the costs of taking control of and managing the Property and collecdng the Ytents.including,6�t not [;,.. --
<br /> limited to,auomeys' fecs,ceceiver's fces,premiums on receiver's bonds.repair and maintenance costs.insurance !=�
<br /> ;.','�� „ , preminms. taxos.assessroaents and other charges on the Prope�ty, and then to the sums secured by the S2curlty ��
<br /> - . , Lzssrsuss�t;Z�)Lcx:cl.;.�L:.:s��'s��s�ar a:y�;:u;:.��:;y oF3�inter2 r�e:rrs�h:.�:��°Zirtt:e:a�c�.^.L for�n!a ih� �°°�
<br /> , Re��ts actually rcceived;and(vi) L,ender shall lw entitkd to have a roceive��appotnted w take passesslon of and `-
<br /> � ' �_. � manage the Proputy and coUect the Rents and pro�its cksived from the Propeaty wIthout any stwwing as w the ��-
<br /> .=' ., inadequscy of the Prope�ty as securiry. "_
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<br /> ,;:,;,�;r.:, •.� If the Reats of the Pmputy ere not suf5cient to cover the costs of taking contro] of nnd managing tho __—
<br /> Prope�ty and of calkctmg tUe Rents any funds eaputded by L,endor for such puc�wses shall become indebseditess of =____
<br /> Y;��'��� "�• Borrower to Lender sscured by the Securlty Instrumeut p�rsuant w Uniform Covenant 7.
<br /> -��'''"}'" Borrowu repnsents and wuranta Ihat Sorrower ha5 not eaecutcd any prior assIgnment of the Rents and hes °�`
<br /> ''"T ��'��'•, not and v►��i]�not arn an act that would pr�vent I.ender fmm eACrcL9in tts ' hts under this h _i
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<br /> =°;�;:�r t�' Lendrr.a Lender's agents or a judicially appointed�receiva.shbll not be requimd w enter upon,take control _
<br />�9:i�;y:�'�y of or maintain the Paopeny before or after giving notir.cs of default to Horrowet. However�I.ender,or Lender's �
<br /> - �v=�-:._°i� a8ents or a judicially ap,pointed reaiva.may c10 so at eny drr�e when a default occurs.My applicatior�of Rents
<br /> ,•f:=s<_ si�all not cure or waive any default or invalidate any other rIght or rcmcdy of Lendrs.'Ihis assignmean of R�ts of
<br /> �,.�-�=�_.-�� . , the Property shall tenninate when all the sams secur�d by the Security Instrument are paid in full. -
<br /> -_�^��� I.CROSS•DEFAU�.T PROVI9YON. Borrowr,�'s default or breach under eny nota or egrc�nent in -
<br /> _,=�,� - whkh Y.ender has an i�terast shaU ba a breach under ihe Security Inswinent and L,ender may invoke any of the -
<br /> __'�::�s;�_-�. rernedies pennitied by�he Security 1nstrumen� ---.
<br /> - HY SI(3MNd B�I.OW.Bormwer accepts and agrees to the Uerma n►►d provislons wntained in this 1-4�amlly,
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