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<br /> ` , - ' � G.ASSIGMVdENT OF i.EA��SS. Upan I,.�da's teqnest,Baaower shall as�igo w I.eader a11 Ieases of the =.,�.�-� � . _...r, .
<br /> . -�� ptoperry and aII s�ity degosirs made m cormecaoa with Ieascs of the Propeaty.Upan the assignment,Lr�der , . ':..•F..:
<br /> - �f�"' �` ' shall have We rigdt w modify.extcud or r�,n;.�ata�existmg I�and tn execute uew leases,in Lendds soIe •' `. �. .-
<br /> : ._=: � disczeaon As ased in this parag�aph G,the word°tease s6a1t mean'suble�a" if ihe Seaaity Ins�nmeni is on a f•,
<br /> le�ehold.
<br /> .. , ,°. � 8. ASSIG�T OF REPPi'S: APPOII�iTN[ENT OF RLCEIVEEEi; LErNER IIH p'OS5ESSION. .i . • , .
<br /> . ° Bosrower absfl�ntety and�mcond%onatty assigns and uansfeis L�Le�der aU the ients and reveaaes("Reats'�of the .
<br /> _' ' ; �j pr°p°rty'�ess of to w6flm the Rea�ts of the Ropeaty are payabie.Borrower a�Ohnrirres Lead�or Leade�s .. . ':....
<br /> j agentc w coIIect the Reats,�d agrees t6at eacd�ant of the Proge�ty shall pay the Rents to Leuder os Leader's ""- :'� .
<br /> Re ..,; _•,
<br />' < .� . � ageats.Hawever,Boaow�sLaIl receive the Reats�tttt1()Leuder 6as givea Bonowe,r notice of defaWt pucsaant to �; •�-;,,.-:., '...
<br /> , ' �•E` ..:. � pa�agcaph 21 of the Sec�uity Insdrument and('n�I�ender t�as givea notice to the tenant(s)that the Reats�e to be '._'`
<br /> y� ,;• ,
<br /> paid to Iaeader or Lenda's ageat 7'bis assigrma�t of Reats constinites an absolute assignm�t and not an - :_
<br /> `. , . agsignm�u.f�additional s�tY onlY- � . . .^�;�`
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<br /> ' � -- ' .`` If I.�dea gives natae of bre�h w Bar�ower:(�all Re.nts�eceived[ry Bairawer shali be heid hy Botmw�as _ :
<br /> c` �� , uastee for the beae6t of I.�der mily,to be applied tfl the s�uns s�by the Secauity.Insbumen�Cn�I.�da s6aD . :`,--!—
<br /> � ,.:<:x...� he�to coUect and�eive all of�he Reuts of the Prnpeny;C�n�Barrowa agree.c tbai eacb teoant gf the ' .'.,�.
<br /> . �P�7'�PaY aII Rents dne and aapaid tn I�3er ar L�dea's agents upon I.eader's wiittea de�nand ta the . '��..-��•
<br /> :.. '3 . .,.;���..
<br /> _ . �. '�:;��`: �nanfi CN) �mtesa aPPlicab]e law pmvidcs othe��is�a11 Reats colle�xed by Leader ar I�dds agenm sha11 be --
<br /> - ����-t• applied fnst to dte costs of taking c�a�ol of and managing the Pmrpaty aad coliecdng tt�e ltenis,iuclading,but noi . . ':��;�:
<br /> • ` ::,.' limited w.aurnneYs'fees,�eceiver's f�s,p�enai�s on receiver's bonds.nePaa and maintea�ance costs,insurance ,�'�°T'=�
<br /> ne ��
<br /> . p�eaniams.tax�s.ass�e�ts ead othe�r c6arges an the Pmperty. and tLea m the sums secumd by ihe Setvrity � t `� „_`�' :r :,;
<br /> � • . Insnvmen�(v)L�a I.eader's ag�ts or anY N�Y�mted receivea sha116e tiable to accavnt far only Wose ;.;;���;,t°.;..;:"-_
<br /> - - ,. ... R�aaualiy received;and(vi�T.e�der sha116e endfled w have a�eceivea appomted to ta&e posses�on of and � z„µ -�'�''"•-
<br /> . � manage the Pmpeaty and collect ths Rwts and profits derived from the Propercy wIthaat any showing as flu the ". ..�,:��
<br />'%< ` . -::`, inadeqoacy of the Aroperty as secority. �� ��;�°—'--
<br /> . .. If the Rents af t�pc�apeny ace noi sufficient to cover the casts of taking conuol of and mauaging the ��`���`
<br />;":'�. �. . Ptopeaty and of coitectmg the Reats aay fiwds expe,nded by Latder for such purposes shaD become mdebte�aess of ` :•. — _
<br /> - � -- Boaower tn I.cndea seaued by the Secmiry Insumne�nt parsuant m Unifosm Covenant 7. . �--•-
<br /> •� B�awex repsesents aad wan^�s that Barrower has not execated aay prior assignment of the R�is and das . ���:
<br /> .. ..,.<:.��_t.
<br /> _ - . - not and w�notperf�m any acttt�swoWQ prevent Leander fmm e,xe�eising its cighB undea t�s p�agraph. �"'-��
<br /> � Landa,or Lender's agents or a jndiclaltY aPPomted receIver,sLalt aot be requaed w�upon.take contm! : -Y�=z--
<br /> ---� - . -�- _ - of or maintaim the P�apesty befose or after giving aotice of defaNt to Bormwer.However,Le�der,or l.�dea's .:;:,":. �.;;'��
<br /> ' . � . agenis or a judiaaity appou�ted receiver.may do so at any time when a defauit acpus.Any applic�tion of Rents ,;r;:, .:�,��:
<br /> - . - ° shall not caue or waive any defauIt ar uivalidate any othea right or remedy of I.ender.'Ilus assignment of Rents of - - "'��'••-_
<br /> ;�.; . dee Prapeity shaU te=minate whea�all the sums secared by the Security Insauraent are paid in full. '". :"��':
<br /> . " I.CROSS-DEFAULT PROVISION. Bormwer's default or breach undea any note oi agreeanent in • � ; '.'��'�__
<br /> : . . viThich landa han an 6rterest shail be a breach under the 5ecvrity lnsuument and Lendea may invoke any of the . . .
<br /> . remedies pemriued by the Secauity Instrument . �::�"
<br /> � � �:=' f' . B SIGIVING BEIAW,Bmsower accepts and agree.c tn the teams and provisions contained in this 1�4 Family . . � ` . '��-
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<br />- � .• �GZ�L�eP,PiL (Seal) (Seal) . .. .
<br /> _ PATRICIA A WIESER -Hortower •Bmmwer
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<br /> ���` . ' . -Borrower •Bmmwet .. ' . .
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