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<br /> _ .- �<'i�,�"-i Q�T•!�$�I�'s����.F�•UpOII I.�el'S t�.,B01IOwQ S�td'11 2SSIgD LO I.�d.Pd 811�Cd'SPS Of th@ •__.t=,� ; r'',.
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<br /> _ .:c ,.. , . ': pnpperty a1W eIi ser�uicY deposi�made ia conneaion whh Ieates of thE P�op�ty.Upoa tfte�¢mm���ndea ,`� '"°:
<br /> shatl6ave dte tight oo modify.exte�nd or teaminate ihe e�tis�g ieases and tn execute new leases,in Icndds soie
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<br /> . "c- . <�•".�a1 dist�eti�.As�sed in this paraBispL G,the woid°t�e sbaII meaa"sublease" ff tbe Secaaity Ir�swmeat is an a • .
<br />.. <' -.`f5.;; �� n�i.� -p p/��1.�■��p�. L� ��+�.nit�+� ■L.p1 t+� �p* �.L�L+�.�.f �7 <-44�.�, . -..:'•'f��r...
<br /> . • . � F e. �VI��T Qr IIGl�iS� tfiiVIIVil�ic.l�i QP lu'.a.asa�+++af 1.G1�DGia L' p0.T7G7a7101�. " .. ,." c;,.. .
<br /> ;r.. � Bmcower absol�elY and�nwnditioaa]Iy assigns aad transfas to L,ender a!1 the�ts and revenues("Renis")of the , ;.
<br /> -- � p�og�ty,r�dtest of to whum the Rents of tho Pmpeaty are payab2e.Bariow�r�thorizes I.eader ar I�der's - - .
<br /> ag�ts to coltect the Reats.aacl agrees that each tenant of the Property shall pay the Rents to Leadear or I.�der's _'
<br /> agents.Anwev�,Boaowea shall teceiva the Re�B unt�(�I�nder 1�as g►ven Borrower notice of default p�usoani m '.; .. -
<br />- - - .: . -- paragraph 21 of the Seauity Insuamee�tt aad Cn���has givea norioe to the t�ant(s)thai die Rents�e to 6e �':a;.��..�_:; ,''.� :
<br /> � - pai8 to Lea�der ar I.�der's ageaL '1l�is as�gmme�t of Rents oopst�s an absfllute ass'sgnmeat and not an :a�;:.�� :' °t
<br /> .4 .. .�� assigumeatfur additional s�aitY only '�--- °�-�:`_
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<br /> If L�der gives notic�of b�eac6 to Bauawer:(7 all Re,nts received by Baa+�wea s6a11 be held by Boaowear as �'r �'F_�r'.y
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<br /> uustee for dte beaefu of Lender anly,m be agplied tn the sums seaued by the Sewcityr�ns�umenfi Cn7 Lendex shall ::":,y,_,,...
<br /> ' - °�•�' m Borrowea thaz each t�aat of the '�` �'��"
<br /> • be eai�ed Lo coIIect�d receive all of the Reats of the Propeaty:C�7 � -�---:-
<br /> -_s pmge�ty sball pay aII Re.nts�e and uapaid�u I.�d�or Le�d�'s agents a�on Lendea's wriiten demand tn the ���
<br /> - �.'�;'� t�anx (iv)�less ePPll�ble law provides ot�arise,ali Rents colte�ed by Leader or Lendea's agents sbati he •..:
<br /> . . �r°v` applied�ust to the cos�a of�ing control of and managing itte PropeRy and coIIecpng the Rents,mcluding,bat not • . ---
<br /> • �f' Iimited to�aunmeys'fees,receiver's fees.piemituns an receives's bonds�rzPair and mamtenaace costs.�sura�►ce '_ ��.�-��,
<br /> : ' . � � `,`'°' p�minms,taxes,asse.ssnaents and o�charges on the Pioperty,�d th�to the s�s sea�d bl►the Seauity • �-'�-:'^.. --
<br /> �,�! s'��..�;:.'�� Instsnme�(v)I ender,L�eudra's age�ls or an5►jadiciallY appointed reoeiva s�all be Iiable w accaunt for only tho� •. . ,:�--
<br /> . . . � .,' R�ts acd�aIIY�ived:aad(v��Lend�shall 6c enritied m hav.e a re�eiver appuinted to take po�sion of and _ . ' °:'�:-
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<br /> �,.f�; manage ti�e Property and coltect the Rents and profitg de�ived fmm ihe Pmpe.rt�r without m�y showing as tn the . '��_ ..
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<br /> � `� inadequacy of the P�opeaty ag secxaicy- - �,�',,-,i'"'�"
<br /> . � �?�,' If the Reuts of the Propeaty are not sufficient ro oover the vosts of�aking contml of aad managing the _ :�..:`.,, � '"
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<br /> .. _.. �:. P e a p e a t y and of�ng the Rents any fimds expended by lx�drr for sucb pnrposes suaD become indebtedness of .� �
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<br /> • . . . Bormwea w Lendea secaued by the Se�uriiy lnstinaae,nt pairssuant w Unifora+Coveaant 7. •�� -;:
<br /> . '' �' Bmmwer�ts and wananis that Bwmwea has nat eacecuted anY P��8�ent of the Rents and has ;:'�, _.
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<br /> � �` no�ana�no��a�m any acc d�a►o�a pre�enc r,.e�aer�om e��s i�ri�nc�anaer aus pa�a�n. � ;.:;T�;�
<br /> ' ,; `<'�, L�dea,or Lendes's ag�ts ar a jadiciatiy appninted receivex,shaII not be required tn�tes upon,take con�al �. ���-,����
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<br /> of or mainta�the Property before os aftea givmg notice of default w Bonuwa.However.I.endes,or Leader's ;`;",��:�'
<br /> agenrs or a NdiciaIIY appointed receivea,may do so at any time when a default occ�us. Aay applicatiaa of Rents �-�:�`�:=
<br /> .. - �-� sUall nat cace or waive sny defauli as frivalidate any athea rigbt rn remedy of Leuder.ZLis assignmeat of Reats of - -•�:=d���
<br /> - - � the propem,shall terminate whea a11 We sams seaued by the Se�aity Instrument a�e paid in fuD. -=--.--="r�:
<br /> ' 1.CROSS-DEFAULT PROVISION. Bormwa's defaatt or 6reach undea any note ar a�eement m ��• ` �. ..� ;,�.-
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<br /> - wtric�I.�uder ha4 an mterest shall be a breach ander the Securiry Inswment and Lender mey iuvoke any of.the � , ���;:��
<br /> .- , --._ reinemespermidedby the Secauiry Insm�ment -- �`"'.__
<br /> BY SIGNIIQG BELOW,Botrower accepts and agrecs tn the tcams and provigions contained in this 1-4 Famity ' .. w=�,,
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