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<br /> .�.��' � (s.ASSIGNMENT OF LEASES. Upon L.cnder's requesl,Bonowcr shaU asslg�'d I.�:nd��Q�t4P'th� �
<br /> � Property nnd all socurity d�osits madc in connecdnn wIth leascs of ihc Ptoperty.Upon thc assignment,Lender
<br /> ,,,,,��� shaU havc the right to modify,cxtend or tc�minate the cxlsting lesses end to cxccutc ncw lcases.!n Lcnder's solc
<br /> '!F� � � dlscredon. As used in this paragraph G,!he word"lease" shall mcan"sublease" if the Securlty Instrument is on a
<br /> � � � leasehold.
<br /> ,;,� H. ASSIGNMENT OF RENTSt APPOINTMENT OF RECEIVER; LENDER IN POSSESSION.
<br /> � Bortowu absolutely and uncondiaonally assigns and transfers to Lender aU the rents und revenucs("Rents")of the
<br /> � Property,ngardless of to whom the Rents of the Property are payable. Borrower authorizes L.cnder or Lcnder's
<br /> agents w collect tha Renis,and agrees that esch tenant of the Property shall pay the Rents to Lender or Lender's
<br /> 1; agents.However,Borrower shall receive ihe Rents until(i)I.ender has given Borrower nodce of default purauant to
<br />� paragraph 21 of the Sccurity Instrument and(ii) I.ender has geven nodce to thc tcnent(s)that the Rents are w bc
<br /> � �, paid Lo Lender or I.endu's agen� 'Il�is asslgnment of Rents consdwtes an absolute asslgnmcnt and not an =
<br /> . assignmcnt for additional axurlry only.
<br /> If Lender gives notice of bresch to Borrow�r.(i)aU Rents received by Honower shaii be held by Borrower as
<br /> �: trustee far the benefit of Lenda only,to be appl�ed to the sums secured by the Securlry Instrument;(�i)L.ender shell
<br /> � � ba endded w coUoct and receive all of the Rents of the Property; (W) Borrowcr agrees that each tenent of the
<br /> ',� Property si�eU pay all Rents due and unpaid w Lender or LendePs agents upon I.ender's written demand to the
<br /> tenant;(iv) unless applYceble law provides otherwise, a11 Rents collected by l.ender or I.ender's agents shell be
<br /> ., appHed first to the costs of teking control of and managing the Property and collecdng We Rents.including.but not
<br /> limtted w,suomeys' foes,recciver's fees,premiums on receiver's bonds.repair and maintenance costs,Insurance
<br /> ., premiums. texes,as.sessrnents end other cherges on the Property, and then W the sums secured by the Securlty
<br /> Insaument;(v)Lendu,Lender's agents or eny judkiaUy appointed receiver shall ba liable to eccount for only those
<br /> Rents acmally received; anci (vt) Lender shell be endded w have a receiver appointed to talce possession of and
<br /> rnanaga the Propetty and coUe�t the Rents and proflts derived from the Property without any showing as to the
<br /> - _ �_ - inadequacy of the Property as security.
<br /> If the Ttents of the Property are not sufficient W cover the costs of taking control of and managing the
<br />-.. Property and of collecdng the Rents any funds expended by Lender for such purposes shall become indebtedness of
<br />� Bomowu to I.ender stctued by the Security Instrume.nt pursuant w Uniform Covenant 7.
<br /> Borrowcr nprescnts end warrants that Borrower has not exccuted any prior assignment of the Rents snd has
<br />_ not and will not perfonn any act that would prevent Lcnder from exerci�ing its r�ghts under this paragraph.
<br />- - Lender,or Lcndu's egenis or a judicially sppointed reccive�.shall not be required to enu:r upon,take control
<br /> • of or maintain the Proputy before or aftcr giving nodce of default w Borrower. However,Lender.or Lender's
<br /> agents or a judkially appointed receiver,may do so at any qme wlien a default occurs.Any epplication of Rents
<br />_. shnll not ciuc or wuive any default or Invalldate any qther rIght or remedy of Lender.Thls assignment of Rents of
<br /> the Property shall terminale when all the sums secured by the Securlty Instiument are paid in full.
<br /> .� . I.CItOSS•DEFAULT PROVISION. Borrower's default ur breach under eny note or agreement in
<br /> � � which Lender has an interest shall be a breach under the Security Insnvment and I.ender may invoke any of the
<br /> �. " remedies pemiiue�i by theSecurlty Instrurt►enG
<br /> BY SIGIVING BELAW.Borrower accepts and agrees to the terms and pmvisions contained in this 1-4 Famlly
<br /> Rlder.
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<br /> � RO �RT AKER -Soirowar DENI3E M SAKER -Borrowcr
<br /> '� � � (Seal) (Seal)
<br /> � -Sottower -Borrower
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<br /> . ; �-b7 co3o��.0� ray�2 0+2 ,� Form�tT0,9/e3
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