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<br /> �� G.ASSIG�IME1�Pf OF LE�.SES. Upon I.ea�2r's c�uest.Bamower shall assign to I.e�det all laases of tl�e •- ; ' ' _
<br />. Pro{wsty aad all seauitY deposus made in connectioat wir�b leas�,s of the P�upe,rty.Upoa the assignmen�I.eader . . '
<br /> _', � , . � �.
<br /> s?mll have the right ta modifY.extertd or tesmmate the existusg IeaSes and to eacecur�new leases.m L�euder�s sole
<br />-- dissaeoi�n.As ased ia t,�is p�agr�h G,tt�e crard"leare" �al!�ea� "sublease° ff the Security u►suume�t is on a --,- ----
<br /> • leasehoId. , •
<br /> H. AS53GNM�' OF RFd+Pi'Si ��� O� RECEYVEiP: L��R IN POSSESSION. . , . �
<br /> Borrowea absoluteiy aud emcondiriQnal3Y assi8ns and tiansfess m Leuder sU the ceats aad aa,w�ues(°Rents")of tPce :,: " - �
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<br /> . p r o p e a t y,re g a r d t c s s of w whnm die Reuts of the Pra�ty ace payable.Baaower aatharn,es Leaaer 8r I.eader's . _ '' ._
<br /> t�.e Re�ts to I.ea dea�L w d�'s ..�•>`� . `
<br /> � ageuts cfl a►llecx d�Rents,and a8rees tt�e2ch tcnant of�e Propaty shall gaY ;.': .,--. . .:
<br /> . ; agents,However,Botmwea s6aII recefve the Reats wu�(�Leuder 1�as S►veu Boimwer nn�ce of defauit purs�►t to . • �,•,,:.,�:_.Y';,,;�,.
<br /> 'L i p�agtaph 21 of the Seauin►Insm�ment aad Cn����8n+�¢otice w ttte teDant(s}that the Rentg are ro be . . ;� :;--
<br /> �ag=
<br /> paid tn I.ender ar Leadds ageat 'Ibis 3ssignme.nt of RPatg wnstimt� an absoLus assiga�eae sAd not an � '" �
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<br /> assignment for addivanal security anly. `r' ��,�
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<br /> If Leader gives notice of b�ch to H�we�:(�all Rents�ceived by Bazmwes shall be heid by Borrower as �
<br /> �ustee far the b�efit of I.�der on1Y,to 6e appiied tn the sams ser�ed by the Securi�y+Instr�acn�fn?Leade�st�II `'."`�-'`°._�
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<br /> be eatitled to col�ecx�d reoeive all of the Reats of the Aupeety;Cm�Bo�rowea agrces thai e�i teaant of t�e , .��.�;,�,_�
<br /> � propprty sba51 pay all Reats dne and urcpaid w Ieudri or LeaQea's�geats upon Lendds writtca demaad w the ,. • ._�— _
<br /> - tea�nfi fiv)aaless aPP7irab!s 1aw pmvides otheawise.aIl Renis collecte�by Leader ar I,�uder's ageuu shall be ' -- ;� .��=-�_"::'
<br /> ,-�•• _ -
<br /> applied fast w the oasts of ta�iu,oantrol vf and mana�+�the A'oFeat�'and wilect�g the Re.ab.incIudinB,6ui nat --- ,=..,.4�._.:
<br /> . t�ffed to.a�meys'fees.iesr.r.ver's fees.Psrmi�ns on Yeceiver's Uonds,icPair aad mainteaance oosta.ms►amtce _._. �...;���..
<br /> . piemiums,raxes,a�smcuts�d oth�r chazges on the Pmpaty,and theu w the sums secared by the Secmi�y ;:•�'ti,,�= _ , •
<br /> • inted receivet s6all lse liable to a�oovnt far oniy thnsc �• .� -j.�
<br /> . Instnunea�(v)E,�nde+r.Leuder s agents ar anY N��Y� ° t ; . -- •t _�
<br /> � Rents ac�al3Y�ed;su►d(vi�I�ead��ali be��to have a re�iver appointed eo tatre gu�sinn of�d +� �� ..�
<br /> iooaa�ge the Ycugeiey aad wlloct the R�and pso5rs d,�aved f�om the propett}+wuhout any si*��ris►g as to die ;:,,.:,.,T � '; --
<br />� madeqoa,ry of the RoF�Y��• __ ., : .,':: f c�` :.°-�
<br />� - If tJ� Re�ts of the Pmpaty are ¢at sc.fficient¢r cr:srr the cosGs of talrnig oontml of aad managin8 dm� • � , .
<br /> managh
<br /> pcope+rty an�a��:llecting tha Reats any t�rf.k.¢apende3 iey I�mder for such p�oses s�all bewms' �'� tcdness+� - �
<br /> B to I.�l's�r se�aued by the Ser�aity tnsaumeat�saaut oo Unifaim Covenant T. -�ig; �'_ :
<br /> oaacv�r
<br /> Brncower �.a�es�ats u:.�wauanm tha3 Brnmwa 1�eot exauted anY priaz a�;�ent of the Reuts snd tr�. '�^�;;:.:::�r ;s!� � -�
<br /> mt�d w�71 nat b : '` " , ,:', �
<br /> pe�fa¢m su}°f�x that would pieveat LeatP.�C�am c�ce�rcisiug its rig�r.ts u�r�l�u Ihis p�agtap • !.:^ ' T �, _,.__
<br /> . L�end�,or Lead�a's ag�m ar a judicially agpomted zeceivea,shall not be recy��o enter upon,mlce con� - `1i�? '
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<br /> - � of or mam�t�e Fmpeny before or after givmg noticce of defaatt�Bamnwer.However,Lwder,�I.eader's ,R.:.
<br /> ma
<br /> . � ageats or a iudiciallY sppomted reaeiver,aoay do so at auy dcne ahea a default occais.My applic�tiaa of Itaits �;?�:,..—
<br /> • �all not aue�waive any defantt ar invalidare any mhea right ar temedy of Irad�Zhis assignmeut of Rents of • .
<br /> '•'. ��P�operty shaU taminate whea all tt�e sums secured by the Sec�ity InsL�umeat ffie pai�d'm fall. . �'�'`'
<br /> . ,, L C80SS-IDEFAULT IPItOVISION. Bamwer's defmiIt or bieach �der mny note ar a�eemact in �=� ,..
<br />� ' ahich I�d�has�intrrest shall be a bresch andcx the SerNriry Insaum�c aad Leader�ay�.�"�.•eay af�.�e ,. _� '�" ..:
<br /> �ned�s pe�nrtted bY the Sec�uiLy Instrumeut _— _ _._�,�`�`
<br /> BY SIG'.�Mid BFaAVIi,Bonaw�aooe,pts and agrees to the t�m:5�u3 provisio�s oontame���1-4 Faw7Y �,,�,. ..d;:_
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<br /> DAVID A SLLIPiCiTON •Bwiawa LOUISE B SLLINGTON -Hartowcr ,-,�,.�-�,-�.,.,,:�'�'-�.��.
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