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<br /> �. _ _� . ' OF I.F.ASES. Upon Lcndea's teqt�st.Barmwer sha11 assign W Y�der aIl I�es of ihe ' . � � .`;
<br /> : ,i_:„�..�. 6.�IGNiViENT �made um oonnecann with leases of the Pmpeity.Upon the assignu�at,Lender � .' <'`
<br /> �w--"-"'< propeny aud aIi seauiry depe 's sote .
<br /> the existing leasas and w ea�ec�te new teases,in 1.ander =
<br /> svall have the rigLt to modify.�d or tecminate .
<br /> " d�screaon As usQd in this pa:agcaQb G,tfle word°tease s6a1!mean°snb��ase"if the Sec�y Insaumeat is on a _ u -- -
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<br /> ` �� �'r _ leasehotd. �
<br /> 5� �.� fl. AS�IGNMEI�i'T' OF R�NT3, APP'tDII�i'�'Ni�7' OF SECE1VERi LE�i�ER IN PO�ON. � �
<br /> ' and aanqfe�s m Laudcss all the re�ts and reveau��ts)of the +`���
<br />. ,�'r :_. � Burrower aBsolntely aad�Y�� e g �,Baaowec authosizes i.ender or L�dea's -_
<br /> - Pioptity,rega�dless of to whom the Rents of tt�e Pc�oPe�ty►are paYab �Reuts oo Leadea ar Lendea's �`�
<br /> ageuts to callect the Rents.and ag�'�S��ch teaant of the ProPeat�►s6ari Pai► _ ;..,;
<br />'`�� � � �. agents.However.Bonower shall re�ve the Rents tmnl(�I,aed�6a�8�B�rowa notice of defantt puf's�ant to ; _
<br /> giv�nutice to the teaaat(s?tbat the Reats are m be ` ' �-�'�`'
<br /> . , : p�ag�aph 21 of the S�InsG�ument aad(n7 LEader hag t and not an ..
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<br /> . :,' t of Reuis constiwtes an absolote ss�Bamcn �.,_ _,: �
<br /> �t-: . � paid m Lenda ai Leader's agent '1l�is a�sig�mea �:{�;
<br /> . :'.� as�gnmca►t for addirional se�it}►ont5►• -_
<br /> - . l:.:n 1f Leadea gives notice of breach w Ba�rowPS:(�all Raus reten+ed by Bmrower shall��I.endes shaII � "
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<br /> ,, . :� uustee far the bwefit of Lender on1Y.to be applied t�the s�as secaced bl►d�e$�' that each teaaat of tt� • • '• —
<br /> '��' 6e enfitled w cuIIe�t anA receive all of the Rents of the PcoperiY;(iii�Barmwer a8cees . :;�r
<br /> . "';' ` p�operiy si�a11 pay aII Rents dne and uapaid Lo L�det or Ir�der's agents ttpoa Latd�'s wtilren deuiand w the =
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<br /> , _.. ,�� .t;.;:<<��,,: aihe�avis�,ell Rents collect�by Leatd�or I.eader's ageats shaII� .. --
<br /> --- - . t�aaa� (iv�untess aPPlicable law prov�des =
<br /> control of and managinS t��P�7►and w�g t�e Rents,incIuding,but IIat �`.,._ " ,
<br /> � :' .... applied fust w the costs of taldng r and maintenance�osts,insmance � -
<br /> '�� limited to,aunmoYs' fees.receiv�'s fee.v,Premiams on receiver's i�ands. e�r . , :. ,�;-
<br /> . _ � �"♦' p�emivans, taxes,ass�ts and od�ea chuSes an the Propearcy,and thea to the snms secured by the Security .� T�--r.-�
<br /> .. ;�.� °�--
<br /> - Insuumw��(v)Irendea.Lendds ageuis or a�.N��Y��ated receivea sha]16e 1iable to accouat for only tlinse . '?u�v
<br /> ... Rents acmaIlY r�i�+�:aad(w�lratdea shaII be entitle8 w lsave a receiv�appointed t�take pos�ian of aad ...
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<br /> ° ,. .� manage the PivPectY a�coilect tbe Re�ts and pmfns deaived from die PmPeacy without a�►Y showing ag m d�e '�,.� --_
<br /> , , `; B�adequa�y of the ProPeatY as seaui ry. - -_-___
<br /> � Tf the Re�uts of tAe ProPeacY a� not saf8ae�t to cover the costs of takmg control of and manaSmB� _ ---
<br /> . : ..; . propeny and of caIIeaing the Rea�ts any fimds expeaded by Lenda for such pm�poses shall become�debtedness af . =_
<br /> � ;;,r;ti,' Homower to L�der secared by the Se�auiry lnsuument pwsuant w Unifomi Coveaant 7. ,:'' -..0-
<br /> . B er has not eaecutcd any prior assi8nmeat of the Yteats��haS .�`,-_,,._
<br /> . . Borrowea represents and wanants that oimw ` , '�!`�_'
<br /> � �' � " 1 � aotand w�l not peafaim any act that would prevent Lender from ex�g its right�aad to enta a�take conuol . =�
<br /> . - � � - Lead�,or Lendea's age�ts or a judicially appointui receiver.sl�all not be requacd ;`
<br /> . � ,,, .."' � of or maintain the Property before or a&�g��notice of default to Bosrativea.Howevea,Lendea,or Leadds .,�`_y ..
<br /> licarion of Reats `-u;��
<br /> '. ' ' agc�ts or a judicialtY aPPninted receivea,may do so at any time when a default oaurs.a►Y�PP ent of Rents of � ,° ::`,�:.,
<br /> � " shail not curc or wai�e any defauts or invalidate any other right ar remedy of Le�des.'Ihis as� .:-;�:-
<br /> . wai
<br /> • die Properiy sball terminaLe a+hen all the sums secured by the Sea�rity InsunQnent are paid in fi�ll. —__
<br /> l.CR03S�DEFAUI.T I'ROVISION. Botrowea's defaWt�or breach under aay aote or agreement in
<br /> � which Lsndea t�s an iateaest shall be a breach ander the Sec�ity Insuument and I.eader may invoke any of the . . --
<br /> � ,� . . reanedies peamiued by ihe SecauitY 1nst�ent ',� . �`
<br /> %�: '. tn the terms aad pmvisians contaitted�n this 1�4 Fam1y �� �_:
<br /> .. BY SIGNING BELAW.Barrawer accepts and agrees -. , -
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<br /> , ," � '. .Horrower �+� J 0' LL -Bonower
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<br /> -Horrower .
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