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<br /> ' G.ASSIGNMEN'd'OF LEASES. Upon Lendea's request,Boirowea shail a�i�ta Lender all leases of We ' . �.. -- �--
<br /> Property and ail sacnrity deposits made m connearon with leases af the Pmperty. Lipon the assigament, I.endes . � ,
<br /> shall have the right to modify,extend or traminate the eaisting leases and tn execute new leases,in I.end�r's sole .� ' '-
<br /> i discredon.As used in tbis paragraph G,the word"lease"shall mean"sablease" 'ff die Secarily lnsuument is on a '. _ _��``�-,.
<br /> . lea�ehold. .. .
<br />_ . H. ASSIGNR�ENT OF AENTS; APPOIN'I'NIENT OF RECEIVER; LENDER IN POSSESSION. . -=--_4:...� '
<br /> ' ,: i,�y�:;,�
<br /> , Botruwea absolutely and uncontli�onally assigas and h�ansfers to I.endea all the rents and revenues("Rents")of die ,� �. :
<br /> A'operty,regffidless of t�o wkam the Reuts of the Property aie paysble.Bonowea authorizes Lender or Lender's .�-^�: .
<br /> �.: + g - - ' at�.,,� ---.
<br /> ents to collect the Rents,aad __ ��--
<br /> � a8 agrees that each tBnant of tlte Property shall pay ahe Rents to I,end�or Lend�'s ''""-
<br /> i ageuts.However,Boirower shall receive t6e Rents until(7 L.ender has given Bormwer notice of default pt�rsaant tn '��;L;�
<br /> patagraph 21 af the Secarity Instrume�t aad('n7 I.ender has givea nouce w the tea�t(s) that die Rents are to be '. -�-�-�'-'�.�-`�.:
<br /> . ` paid tn Leader or Lx.�►dds agent ltiis assigautent of Fients constinues an absolute assignncent and not an , . -���
<br /> % assignme�t for additional sea�rity only. , � �
<br /> ;.� Tf Lender gives notioe of bzeac��Botrowe.r:(i�all Reats rao�ived by Horrower shall be held by Bonower as .;.; r_ �,,��:'
<br /> � •�' �_
<br /> _. u�stee for the benefit of Le�dea only,w be appH�m ihe sums s�auzd by�e Seaaity lnstrumea�(ii)Leadea shall - ---- .
<br /> be entitled w coUect ffiatl reccive all of the Rents of the ••._�'��.
<br /> �F�Y: (in7 Bor�uwES agrces that each tenant aS tlie ' . �, ;� •:�� = ...
<br /> . �P�Y�PaY all Rea�t s d a e a n d u npai d ro L.e n d e r or I.euder's agent�upon Lenda's wriaen demand ta the •,:; ,; : ` _
<br /> • teaanfi(iv) antess hcable laar , . , ��
<br /> app' psovides otheawise. �RCI1fS COIICCtEA If}I L�2i1�I OI I.EJIdCi S�6Ai9 Sh�F1C , . ,.y;i�:`��,,
<br /> . apptied�t ou the costs of takin conuol of and mana ' the Pr� '�� „�• � � ` . ;�.-•
<br /> 8 g►ng �serty and col2ectiog the Rents,including,but not � ;^
<br /> ' ' :�{"�,., ... �.,:;. .
<br /> limited t�,a�meys fee.s,receiver s fees,Premiums on receiveT's bonds,re�aa and maintenartce costs,insmance /;:. � ' � :
<br /> ,:�•�•,� �'
<br /> , premiutns. taxes,asses�ments and other charges on the Progertyr.and then to the sums seaued by the Secarity . "' ":�"'�' ., ,
<br /> `'� �`::> -� .: �;,,;_ , _
<br /> Instrume�fi(v)Lendea,L�ende,�'s agents or any jndiciallY aPPointed receiver shall be�iable tn acxount for only those ,.3i��;:� .r;c;. . --
<br />.. . Re�ts a��ally received;and(vi�Lender shall be eadtted w 6ac�;�receiver appointed to taYe possc�ssion of and .,:�;;.�.- '';;•.
<br /> mana e c�e Pm .�-��' __
<br /> S P�►Y and collect the Reuts and profits derived fram the Property without any showing as to the ` 4�}.'��'�•:;'
<br /> . inadeqnacy of the Pro�caty as secutity. ,;���,.,�ir .• s ;�". :
<br /> � If the Rents of Ihe �Sr,,;:��! . ,. i7
<br /> . Prop�ty are not sufficient tn cover the cflsts of talrmg control of and managomg dae ��, ��? � ; �
<br /> Property and of coller.t�g¢�e Rents any fands eacpended by Lende�far such p�oses sLall become inde6te�of ��,f ��. . ,��'�, �-
<br /> _ Borrower w I.ender saq�zd by the��auity Instrument pwsu�t to iJaiform Coveaar►t 7. �� �,;:._ -
<br /> Bou�wea �� '�
<br /> . . tr� reDresents aad warcr�nm that Borrower 6as aut exe�cd any miar acsianment of r�,r_.RPns�!�s - � -- -
<br /> not and w,�aot gerfarim�y act that wouId grevea�t Lender from exercismg its rights under tLis P�PS• :.'�`"'
<br /> '. Le�ndc�r,�I.ea�er's$gents or a judicjaUY ePPo�receiver,shall not be required w eater apon,take a�auol �� ��i'�'-�
<br /> . of or ma�3n tP�e before or aftea �a���
<br /> . �p�y giving��of defavl;to Borrower.Howevea,I,eader.ar Iender's �
<br /> � . aSents ar a j►idicially sppointed receivea,may do so at any ascs��en a defauIt occias.Any apptication of Rents - `--
<br />_ st�aU not cure os waive any defanit ar u�validate any othar t9g.1t cu remed of Lender.'Ihis a�si �� �'-�;.�
<br /> Y gm►ent of R�nts of ;�i�y, : :n�
<br /> the property shall terminate when all the sams secaQed by the 5ecarity Instrument are paid in fu13. } � •-.
<br /> I.CR�SS-DEFAiJd.T�iOVISION. Soaowrr's default or breacfi under an note or ';�" `�=
<br /> Y agnetnent in u.t,st_,_---_
<br />.. . which j.endca tiav an in�est shatl be a breac6 undr.r the Sec�rity Insuumea�t�d Lender may mvNce any of the J•' .f�i•«-: �,-
<br /> , re�edies pem�itted by the Security Insuument ����.;;�:�
<br /> BY SIGNING BEWW,Bonower rs and •* —"�"_`_--
<br /> -' . acecP agrees w the tetms and provisions contained in this 1�4 Family =
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