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<br /> - Renta until Qi1 l.codcr has �iv�n Bortower notice of dePoult purwont W prn�raph 2l of the Security [maument urd(iU
<br /> [,ender I�a given notice to iha u.nant(a)that the Rena are to be p�id ta l.ender or I.ander'r pQen� This�sdgnmant o!Ru�u
<br /> con:dwte�an�b�olute aasiQnment and nat sn�afanment Por�dditlonal securlty only.
<br />_-��-_-�� If[,ender give�naiee c►f b�•sach to�rower:(1)all Rents�ceived by�amower�h�ll be held by Bocrower a uuttea for
<br /> Ihe benefit oi Lender only, w Me applied to th��wns �ecured by the Secudty In�hument: (ii)Lender shall be entitled w
<br /> collect and�+aeive dl oP thH Renu of the P'�vpecty;'(fii)Aonawer�grea that wch tcnani of Ihe Property ahal)p�y�11 Renu
<br /> due ond w�paid to I.ender or La�dery��ents�pon Lenderl�written dem�nd w thc tetumt:(iv)unlees epplicrble law provida
<br /> - --- - -� athawiae, wll Rent� collected by I.endar or Lenderti �Qenu�iwll be�pplied tirst to ihe co�ts af takinQ control of and
<br /> " manABing the Property�nd collecdn�the Renw.includin�, but not limltcd tu, attornoyY fee,t,r�ecoivery fec�.prcmium:on
<br /> :__ ,___ _ roceiverb bonds.reps�ir and maMten�nce coau, inwrance premiums.taaes.�ssasmena md other char�es on the PropeRy, _
<br /> � And then to �he sums aecured by the Securlty I�wtnimenr.(v)Lender.l.enderl��gents or any judlcially appointed receiver
<br /> �hnll be Uwble to account for on'y Ihose Rents actually receival;und(vi)Lendar shul l be en�jtled to huve n recaiver appointed
<br /> to take po�session of°And manage the Propeny �nd collect the Ranta And profit4 derived from the Property without s►ny
<br /> • �howing as to the inadequacy of the Property as security.
<br /> If the Ren�s of the P�oFert;�am not:ufficient to cover the costa of telcing control of and maneging the Property and of
<br />�— - colleeting the Ra�Na any furids expended by Lender for auch purposea�all become inclebtedne�of Borrowar to Lender
<br /> -� ��-� ucured by tl�e Securiry lnat�ument pursuant to Unlform Cavenent 7. •
<br /> _-- Borrower represcnts and w+�Ranta that BoROwer hus not executed any prfor auignmant of the Rents and has not ond wiH
<br /> ------ - noc perfam any act that would�xavent i.ender fram exerabing itsz righty un�r tiiis ps3rog�nph.
<br />� - - - Lender. or Lender's ngents or A judicially appointed receiver, shall not be royuired to enter upon. take control oP or
<br /> - maintain 1he Property beforo er after giving noQce of default to Barrower. However, Lender. or Lender�s ogents or w
<br />•� Judicially appointed rcceiver.m�y do ao At any time when a defnult occurs. Any applfc�tion oP Rents shall not cure or waive
<br /> any default or fovalidate any othe�right or remedy of Lender. Thi��ignment of Rents of the Property shall tertnlnate when
<br /> dl the aums secur+ed by tha�ecuriry Instrutnent are paid in full.
<br /> I.CR033•DF.FAtJL.T PROVISION.Borrower'�default or breach under any note or agreement In which I.e�er h�an
<br />- - - -- interest ahnit ba a breach under the Securlty Iraurument and L.ender msy invoke any of the remedies permfued by the Securiry -
<br /> � Inswmen�
<br /> __---_-_---`�'l BY SIOMNCi BBL.OW,Borrower accepta�nd a�e�tb tenns and provisbns cor�ined jn thls t-4 Fomlly Rider.
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