� ,.
<br /> , . ,�."'"�,� "__.
<br /> '. . '^�� . . . .. .. 1�-..���::�}i .
<br /> � n i, - , . . . �f. '
<br /> , . . . . .. . ' . • -��L?i�-�rr�__
<br /> . . .� . .. _ '�^ .r. ..
<br /> . .. ., . .• . ...9:':
<br /> - � � ,. - �. � :w^'+C '
<br /> .. .. . . , . .. _ .. .. ' .. . ,. � , r.
<br /> ' ..a.
<br /> _ ' �1.,=;�.,
<br /> i�} ,�
<br /> .��:_
<br /> .,,,,�.�� , G.ASSIGNMENT OF LEASES. Upon Lcndcr's requcst, Borrower shaA assign�t3 Lcnde1eill�lO�gs c , t;——
<br /> v�.��.+*�� Property and aU secudty deposits madc in cnnnecdon witli leases of the Property.Upon tha assignmcnt,L,cndcr --
<br /> � shall have tho dght to modlfy,extcnd or terminatc thc exisdng leascs end to execute�iew lcases�in I.endcr's sole �-
<br /> � �' discredon.As used ln this paragraph G,the word'Icasc" shell mean "subleas�" if the Sec�uiry Instrument is on a �,';�
<br /> Icaschold. �;,`�- .•---
<br /> tl. ASSI(iNMENT OF I�ENTSi APPOINTMENT OF RECEIVER; LENDER IN POS5ESSION. ;:;:-
<br /> Borrower absobtcly and unconditionally assigns end transfers to Lender all the rents end revenucs("Rcnts")of thc 6`s=-
<br /> Property,rcgardlcss of to whom Ihc Reots of the Property ere payable. Horrower authorizes L.ender or Lendcr's �--
<br /> ' ents to co l k ct t he Rents,an d p�Y P Y � ~
<br /> eg agroes that cach tcnant of thu Pro shaU a the Rcnts w I.ender or L.ender's F'.=_
<br /> ' � agents.However.Borrower shall raeivc the Rcnts unW(i) Lcnder hag givsn Borrower no�cc of default pursuant w �,
<br /> , paragraph 21 of the 5ccurlty Instrument and(ll) Lcndu hag given nodce to the unant(s) thet the Rents ere to be
<br /> paid tn Lendu or Lcnder's agcnG This assignmcnt of Rents consriwtes an absolute assignment and not an _
<br /> � assignment for addltional securlty only. - -
<br /> If Lendu gives noHce of breach to Boaower.(i) all Renta received by Borrower sbuU be held by Borrowcr as __
<br /> �. trustee for th4 benefit of L.ender only.to be applied to the sums secured by the SecurIty Instrument;(H)Lender shall =
<br /> be endded w coUect end receive aU of the Rents of the Property; (iit) Borrower agrces that cach tenant of the
<br /> �• Property shell pay all Rents due and unpaid to L.ender or Lender's agcnts upon Lender's wriuen demand w the —
<br /> .�. tenazt� (iv) unless appllcable law provides otherw3se, ell Rents collected by Lender or Lender's agents shall be —
<br /> applled first w tha costs of taking contml of and managing the Property and collecdng the Rents. jncluding.but not
<br /> llmitod to,anomeys'foes.roceiver's fees,premiums on receiver's bonds,repair end malntenence costs,insucance
<br /> pm,miums, taxcs.assessments and�ther charges on tlhe Property,and then to the sums secuc+ed by the Securiry
<br /> Instnunent; (v)Lender.Lender's agents or any judlcially appointed rexelver sbaU be liable to account for only those
<br /> ---_- P.tx:�aciu�23y re�,�lz�ti;�u�d(vIj I.ender�stl t,c�iiital ui h$vz e ia;ctvGi i41j1ULlIGII IV �d �uaics�t3ii uf eu�
<br /> manage the Property and collect tha Rents and profits derlve� from the Property without any showing as to the
<br />_ irtadeqoscy of the Property ag sccurity.
<br /> 1f the Reats of the Property are not sufficient to cover the costs af taking control of and managing the
<br /> Property and of collecdng the Rents eny funds expended by Le,nder for such purposes shall baome indebtedness of
<br /> �� Borrower to Lender secured by tha Sectuiry Instrument pursuant to Uniform Covenant 7.
<br />- . Borrowa rcpresents and warrents that Bomower has not executed any pdor esslgnmer�t of the Rents end has
<br /> �f not end wUl not Ixrfonn any act that would prevent I.endu from oxercising Its rights under this paragcc►ph.
<br /> L.eader.or Lender's ageats or a judIciaUY eppolnted re�eiver,shall not be required W enier upon,tako control —
<br /> �� � , of or maintain the Property beforc or eRcr giving notIce of default to Borrower. Howcver,Lender. or L.endcr's
<br /> agents or a judicially appointed receiver,may do so at any tirne whe�a default occius.Any appllcaaon of Rents
<br /> - . . st�all not cure or waive any default or invalidate any othu rIght or remedy of Lender.This asslgnment of Rents of
<br />' the Properiy shall terniLiate when all the sums sccured by the Secudty Instrumcnt are paid ln full. 'r
<br />}' '� I.CROSS-DEFAULT PROVISION. Borrower's dcfault or brcach under any note or egreement in -�
<br /> J.
<br /> . which Lender has un interest shall be a breach under the Sauriry Insuument and I.ender may invoke any of the �-=—
<br /> :� remedies permltted by the 5xurlty InstrumenG
<br />-- � BY SIGMNG BBLOW,Borrower aocepts and agrces to the terms a��d provisions contained in Ihis 1-4 Fsunlly =_
<br /> '� Rider. _-
<br />-: --. . .�� D r,.B��� �5�,, .,�.«.0 �� ���.�c .�.� ��5�, €,_:� ---
<br /> !' TRENT b VONBEHR�N •Borrower TINA M VONBEHREN -Bonnwer
<br /> � (SCeI) (SCeI} � :�'v.=
<br /> . � -Bortower -Borrowar ------
<br /> ' I�j •b7 (8304�.01 NaAe xoi 2 Form 9170 3�93
<br /> I
<br /> , ,. f•�•
<br /> I
<br /> _" . .,.__'J � '.
<br /> _. _' i • �"—"—. .
<br /> .
<br /> - - �1 ..._. ___ _ .._
<br />
|