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<br /> G.�SSIGl�IeiT tDF LEAS�S. Upom l.eud�'s request,Bo:roaer s!►3ll assiga to Lender all l�ses of the : • _ �
<br /> ' property acd all seauity deposits made in oonner.tion with leases of the Prayraty.Upon the assigcuaent,L.eader , . � .
<br /> ;.� s�al1 havc!he cight to madifY,ext�nd or t�minass the e�cisting leases and to execute aew leases.in Lender's sole - ,---_— - _ _-
<br /> discretion.Av used in this para8rapL G.the word"lease" shall mean "sublease"if tht Security insuumeat is on a ',;�
<br /> `.:i leasehold � . � . -�`
<br /> HL ASSIGNN�N'f OF REI�i'i'S: APPOINTNiENT OF ItECEaVER: 1-ENDER IN FOS3ESSION. .. .�-_?�;'�_
<br /> . yand t�ansfess tn Leadea all the rea►ts and revenues("Rents")of the .,.. '"��. T-�-*�=—�
<br /> � Boirawer a.�sofitelY aad uncandirio�aily assi8ns �,B4aowed authorizes I.ea�der or L.endea's '� . `r
<br /> ,� pcog�ty,re�rcUess of to wtcam ti�Reats of ihe Pmpeaty sre paYab . _,�,., .. .
<br />� a.�eats t4 cailezt the Rents.sud ag.�s ttaai eac6 tenant of the Pcoperty ahall pay the Rents w Leuder or Lender's - :...J.�•..'''.,,�.�.-.
<br /> agc�.IIucrever.Bozraw�si�ari n'�ce'sve tke Re.nts anril(�I.ender i�as given Bmrower norice of default pvrs�aat tn ;r _, —` .
<br /> P�In 21 of the Secarity In..�amc�ct a�Cu��►dea has givea norice w the teaant{s)that the Rents are ro be : ., . �b�:�a��--
<br />� � pzi� r� &�der or L.ender's ag�acII. 'rT�is as�igament of Rents constimtes an absolute asssign�neat and not a�o .� .:.` �_r ;:_.;
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<br /> . aeco�¢fOr�iG4�1 SBQII1Ly Q�iy. ., �-`v.°_�
<br /> �• I€Lende�gives r.Q�ce of breac�a t9 Bmsow�:(�all Rents received by Ee�uwer shall be held by Boaower as ,Y°•`:. .Y=-�W.�
<br /> - uusr�€er the h�ef�a�f L.endez onty.tn be applia�t�t�e s�ms s�..�by r}�e Soc�ity Instruaae�(i►�L��i s�all �`:,:vr;�•"�::
<br /> be�to coIiect aad rECeive^�of the Reuts of t�e Fta�a�e�cy:,Cm)�uamwc�2�C rT�rat ea.c�t�a¢t af t�e �r. �- ..
<br /> pr��eat;y�all pay aII Rea�ts dr.�a.�r,�aid w I.re�or I.��� agents�L�and.�'s v�ai�en demand W the ; ,: `-;', °-
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<br /> oz I��s ts shall be ..,.. �.t�,
<br /> - i� te.m�fi C�.I �I�ss a�plirabte Law��er�sra�ise,a11 IZ�cQlJ�ted bY I.e�'�r ,� :'i'�`�r:�� '���a`'F�+?. „
<br /> �� �.*�.c the R�ts, ,but noi ��,. a,�; ..,-
<br /> lied first to the o�s Qf taking ^''2��g�e�P�Y a�� inc2ndis� _:y;.�,:,,,;•�±''.;.,:�f�E�,,;.,::
<br /> � . limited tn,att�►eYs'�'��eceivea's f�es,���n receivea's bonds.zeD�¢';my m�amtenance cost9,�...�ance � ��<<y�y��.;{..'
<br /> �n the Pro and th�►er o(�r:. � �r�. ``��;.{_� .�,
<br />. emi�uns.taxes,asse�enfs a��i c�r c�� F�Y• ;swns sec�ed by ths�ecanrny ;�:�,, `u�.�'��,�°.,,,�f•
<br /> � sse �� ; af� .
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<br /> . Instt��t(v)Lender L24sier's rs�s s�}+�dicialtY aPPomted receivea s�a'1�e l�able w a.ccount for on�y t�ose �:.,, �s,�� ;'��,`.
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<br /> . ';2 Rer.��y rer.eiee�;and(vi�II.�z�3 h�eutided to have a nceiver�roiated m talce poss,e�ian of aeci ,,;�; ,�.�. ,.,�.-
<br /> ��iq shuwr��Cr t�e `''k ��'` -°�f'�'',.r..�r��� -- �
<br /> '.--_,����•:am�col3ect the Rea�ts�4 deiived from the , .� vrithout suy �`�,. :,��� •,�•,..�;.�-
<br /> �"e�f�x Lz*�as secunty �� ,���rt`��''''R" ;;;' .
<br /> `�,� � � f ? r?�re Praperty sre not s��:�caver t� ���lg contro3 of and ��� �rf.� :r.� � ' ` _
<br />.�:���Ji', tf�� �'L�6,. ��}. �.
<br />.':��gyl� �,y.aad of oolluting the Rents any fimds eapenaed by L�uuilca f�s�nciz p��Tsc��a�de�'�...3�re�a�f _,�.,��..� .�� ::_ -
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<br /> '?�,�`�( Boaower ao I.ender secured by the Seca�riry�nstr�ment pwsuant tn��nr.��n:w��'. � ,,�.--�
<br /> Boaowr,r represwts and wa�ts tt�at Boaawer has not execuY,ed any puar�,�.-signmeu't�'�'the Rents and t�as • • , :r�,,
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<br /> � n o t and arill not p a fo:m any�ct that would preveat T�eaider from exercising its rig�ts mider this paragtaph. ,>�:�
<br /> - I.eadrs,or I.eades's ageats os a judicially appo j, �
<br /> intcd receiva,s�all not be req�w entra aQon,t a l ce wn t m l , �..
<br /> � of ar maintatn d►e Propeny befare ar aftrr givin8 notue of defenit w Bosrower.However,I,�der,or Lender's �~.�.^.
<br /> .'` ageat�or a judicially appointed r�ceiver.may do so at my time wheai a defauIt ocru�s.Any appllcatton o€RenB -- �
<br /> sbaII not cure or waive any defautt ar mvalir�ate�►y oti►�d�`ai Gi i�3II�y Of L9.�t�..°.!.Zhi�aaci m�ti of Re71LS of ----1- _- - ',��•�_
<br /> the pmpeiey stiall tercninate wh�aIl dte sums seaued by the Security Instrament are paid is�full. — �.'.a��,`
<br /> .. I.CR03S-DEI�AIJI.T PRO�ISION. Borrowa's default or breac6 under any uote a� e8reen►e�t in ' __
<br /> � .: .�� ahich Lendea has an interest s6all be a b�eac6 uiuder the Security Instrument and Lenda may invoYe any of the _ _: � _ ..--
<br /> remedies pamiued by the Security Ins�unent W- — ""-:.-...
<br /> �I['N�:`-:-�
<br /> BY SIt3NII�I(3 BELOW,Boimwer accepts and t�ees w the terms and Drovisions wntained in this 1-4 Fam�7y .�., _--
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