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<br /> S., ; G.ASSIGNMENT OF LEASES. Upon Leuder's request.Borrower shall assign��� � ' ,°'�
<br /> Pmperty and all security deposits made in connedion with leases of the Property. U n�i der , ,
<br />-=- shall have tl�c rigkt to rnodify.e�ctsad or rp...�;narP the exisprsg leac�s and to execute�`Teases.in Le� : - - - -- — -
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<br />� . d i s�e�o n,p s u s e d in this p a r�a ph G,thc word"tease"shall mean"sublease" if the Saauity Instru�nent is on a :
<br /> laas�hotd. ' ,
<br /> � �. ASSIGNR�IENT 6E� REId'i'S; APPOpYTMENT OF FtECEIdE�; LEPJIDLB IN PO�SESSIOAt. • . .. . -
<br /> Bozcov�er absoh�ly aud uacaad'uicnaIly ass�s and Kansfers ta Lender aD dis r�ats and revenues("Reaus'�of the
<br /> pcaperty.ngErdless of to whom the Rent�og the Pmpeny are payable.Borro�ver authori7es I.�nder or I.ende�r's • .. .
<br /> i ageats tn coltcct the Rents.and agrees that each t�ant of the Propeaty sha11 p3y the ReAts to Lendar or I.endes's • r_,;�,�:f.;.;.__
<br /> . agents.However.Borrowea shalI receive tha R�ts until(?Leuder das given Baaower nmice of defsaLA pussuant tn �•'' f � �:.�:•s.,:�.�"°�"``'
<br /> �:. ..
<br /> paragrapb 21 of the Seauity Ins�trumeat and(u?Lender has given notice w the tenant(s)that the Reats are tn be
<br /> paid tn I.ender or Lender's ageut 'Ibis aszignm�t of Rents consriwtes an 2bsOlulE essig[tmen[ and noi a. "r;; .:'''.� ��. -,:.�°-
<br /> � assignanent for additional security only. : . .`a�.�.•: .�
<br /> If Lend.r givcs notice of brea:,h to Eosowa:()all RenLS receivod by Ba�mwer shall b:,held by Bmcrowes as !': : `.:�. �
<br /> trustee for t�e benef t of Leadcr onty,to 6e agplied w the soms s��ued by the Seauity lnstrume��i�)Lenslea� � �'.- •�':
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<br /> be eatiiled w colled and receive all of the Re�►ts of the Prope�ty;Cw�Boimwer agrees thai eacb¢�!ant of t�e • � ...:,.�
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<br /> �p�Y�PaY all Reats due and�mpaid w I.eader or I.endra's agenis upon I.ender's wriiten d�and to the ' , ,-•.: ..�� :_,�,-
<br /> ta�aa� (n+)miI�s applicable taar provides othawise,aIl Rents colle,ctrd by I.euder or Lendei's a�ts shall be .-: --.---•-°' ��` -=
<br /> appfied fIISt to the costs of t�g control of and mana�img the Prape�ty and coltecung the Rents,inr.L:iding,but noi � � ' �'
<br /> limired w,auomeys' fees,yoceiver's fees,Premiums on receiver's bonds.re�ir ar►d maint�anoe o�cs,insQrance . - �` �:
<br /> premi�mis,taxes,assessmeats and other charges on the Praperty,and thea� w the sumg se�ned Iry ttae Secuiiry �'
<br /> � Iastramen�(v)Leuder,Leudea's agenis or anY N�Y�inted reoeivEr shall be liable w accotsnt for onip those , • °` ' .t��� . I`
<br />. . Rents acwally received;and (v�� Lender shall be en6fled to have a receiver agpou�ted to take possessinn of and � '�'
<br /> _ e Reats and mfits deaived from the Ptoperty withont aay showmg as to the `-:..��;.` . ,,,-'��.', ��
<br /> manage the Property and collect th p �i, i
<br /> inadequacy of the I�operey as sean'ity
<br /> � If the Rents of the Property are not sufficient w cover the costs af taking conirol of and maaa�ing ttie . � . �
<br /> P¢operty and of coIIecting the Reuts any fimds eapeaded by I.e�der for such puapos�s s�ll become indebtednesg of .• �
<br /> Bmrower tn Lender secured by the Secaaity Insuameat pucsuant w Unifoim Coven:s.t 7_ j f ..,-�-
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<br /> Bormwer�prese�ts and wanants ttLt Bouawer das uot executed any prior ass,�:�t of t�.�Rents and has i;
<br /> aot and wU not perform any act that ao�l�fsseveat Iander from eaercisia�g its rigfits under ttiis g�.s�--�b. .,�_.'� e s ;;:;
<br /> .. os Irader's ents or a' inted receiver,shall not be reguired tn eater upon,take contml . n�'��i�.,'°?'`,,
<br /> . Lender, a8 J�Y�
<br /> � of or mamtain the Pe+aperty�ore or aftcr givmg notice of defavIt to Borrower.Howevea,I.eades,or Leandea's �� ���.
<br /> ageats or a judicially appoin:zof receivea,may do so at aay time wheai a defe�it occu�s.Any application of Renss � ��
<br /> R of `��, V� —
<br /> shall not cmre or aaive aay dafault or u�validate any other right or remedy of Le�drr.�s as.vgnme�t of ents - ; �E�
<br /> . the Property shzl terminaLe when all the sams seciued by the Secauity In._.�ent are paid in full.
<br /> ' I.CROS�D�FAULT PROVISION. Bomoaer's default or C:�ch under any note or agreemeat � � _
<br /> a-Ficd LRnder hag an intez�t shall be a Meach under the Security Insur.�e�:.t�d Lr�der may involce any of the _
<br /> ., n�ies per�►�ted hy t�e�a�ily Instrument �; e_..
<br /> BY SIGiY��G$ELOW,Sarroa�acce�ts ar�d agtee.s m the teams��'si�contauied'm this 1�Fam�y .'�;:.,._.-
<br /> ; Rider. �'_ ="'�'�-,.
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<br /> "; c (Seal) e Sea� ��''r�'.�.�."
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<br /> BRADLEY 3 VENANDS -Borrovm NANCY A 4JE[dANDS -HarramT •.��4-,-':_,••r,.
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<br /> ; (Seal) (Sea1) ,�'�.'�.: ��
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<br /> •Bmrower -Bonower - " ''` '
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<br /> : ��SJ (�3Q�).67 Vsps2 a12 lForm 817a 9/9� , . .
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