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<br /> G.ASSYGtdA�Ai'�OF E.El�ES. Upoa Lzadrr's r�quest,Barrov�er shalb assign w Lender all leases of the - -- -=_-- -_--
<br /> � ..
<br /> � property and all securiiY deposits made in connection with leases of the Propeaty.Upon the assignment,Lendea' .}. . , .�
<br /> shall have the right to aaodify,e�ctend or terminate the eAisting leases asid to execute new leases.in I.ender's sole , s�. —
<br /> discretinn.A��ased in this paragraph G,the word"lease"shall mean "su6lease"if the Secuiity Instrument is on a • _ ' . ° _. .
<br /> leasehold . ����� -
<br /> ` ., , k'., �._.
<br /> H. ASSIGNNiENT OF IdEN3'S; APPOAVTN�N'f OF ItECEIVER3 L�+PDER IIV POSSESSION. ,�;:. .`; ,: ,. . ': r�
<br /> Banowea absolutely aad�wcanditionally assigns and uansfets to Leader all the rents and revenues("Rents")of the f;�R; : -. .. . �
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<br /> I'mperty,��less of m whom the Rents of the Propeacy are payabte.Bnnower authorizes Lendea or Lender's • :'..Ns-�'.
<br /> agents w coBect the Re,nis.and agrees that eacb tenant of the Propeaty sball pay the Rents to L.endc�or I.ender's . r..;J�i'`�-._ -"
<br /> agents.Howavea,Bomawea sLall reoeive the Rent�unti7 Ci)I.ender has Sn'en Bosrowea natice of default pursuazu w : l ,9--.
<br /> �,'� �aragraph 21 of the Se�urity Tnstrameut and{n7 Le�dea has gzven aorice w the tenant(s)�hat the Rents are to be ,;•:. . �f� '
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<br /> i paid m Le�dea or Lender's agent Tlris assignment af lte�ts consritureg an absolnte assignment and not an �.=;�J�,: ,�-�--��,�,
<br /> ' ' assigain�t for additioaal s�arity only. �,�r,'' �sF .� ..
<br /> .,i�` If Lendea gives notice af bre��to Borrower.(7 all Rents received by Boauwea shaIl be held by Borrower as �%��" > ,-� �,.�.�..._
<br /> ,���. .: .• - _���. , :-� -
<br /> �,. tru.st9e far the benefit of Lend�r onty,to he applied to the s�ms secvmd by the Security Instru�enfi(n�Lender shall � ���� �
<br /> be entitled to wlleci and receive all of the Renis of the PcU�ny; (iu�Borrowa agree�t�at�h�►t of the f;�_"�''� � '`�`�
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<br /> .. � Propeaty shall pay all Rents due and unpaid to Lender or Lzndsr's agents upon I.ender's written demand to the r � -.��,�._
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<br /> ! tenan� CN) unlesss�Plicab2e law provides oLhern�isa,all Ra�ts oollected by Latder or I�endes s aget�shall be �;�,�,. .; '
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<br /> . ,� applied first to the costs of ta1�g rantrol of and msax�g*��Roperty and wllecting the Rents,inclnding,but not ;,..:i, _ . ,. ,: -.-
<br /> ^:�'�% limited w,attnrneys'fecs,receive,r's fees.preaniums on�eceivEr's baads,repair and maintenance costs.insurance .....c,:_..° � -
<br /> '�;'''- and then to the sums seaued by the Se�uity `_-:;; „ `
<br /> � pre�iums,taxes,s�ments and othea cdarges on the Pmpeaty, ,,.�: ; . , . -
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<br /> � � Instrumen�(v)L�n��rs.Lender's agents or anY 3��Y aPWinted receiver shall be listble to accomit fac¢�nly those �, _�_, � , , �., `:� ; ..: -.
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<br /> Reats actaally receavec�and(v��I.ender shall t�eudded to have a receivea appointed w takc possession of and .=t�,;�:�• :•,�. ��.. _
<br /> , ' and collett the Raits and yrofits deaived from the Propeaty without aay showing as to the pi�?>'�� ,-f�:... -
<br /> ',,,�. manage the Propeaty ;� , `
<br />':����:�'; inadeqna�y of the Propeaty as seca�ity. �.�, r... �� I .�
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<br />�':��';'t� If the Rents of the Propersy are not su�cient to wc�the costs of taking cwss�ol of and maneging ihe �`-� ,, :t =
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<br /> ' � Property aad of col�ectmg the Rents any funds expended by Lender for s¢ch purposes shall�ecome indebtedness of ��je,;. �`° � r��� :
<br /> Botrowea w Lendea sec�ed by the Secaairy Insprument pursuant m Umfmm�ovenant 7. s� �
<br /> �'� Borrower represents and wanants t1�at Borrower has not executed any psior a�.slgnment of the Rents and has �_' _ �,.. .��:: �-�—..::
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<br /> • aot and w71 not perform any asc�t woutd Dreveut Lendea fmm exercisi�g hs rights nnder this paragiaph. . .• ,�,�'.`;i . .
<br /> . . I.ender,or Lender's agents or a judicially appointed receiver,shall not be required w enter upon.take wntrol .._ �i_`
<br /> of or maintain the Propaty befare os after pving nofice of defautt tn Barmwer.However,Lcadcar.or Lender's �—�:_�
<br /> �or a judicially appointed ieceiver,may do so at any time ahen a default occurs.Any aPPlication of Rents .�.- - . .
<br /> . s6�.'1 not ciue or wait e asy defa:':t or iavalidate any aiher right or remedy of Le�der.'I1ii4 assignment of Rents of __ • =:�,��. •_=..,.
<br /> �,�°�, �he Rroperty shall tem�inate ahefl aD tha sums seGUed by the Securiry Insuumei►t are paid i.^i full. :.�+Y
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<br /> I.CROS3-DEFAULS PR�B�ISION. Hosrowes's default or breach undea am! noie or agreement in ' � -.•�`
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<br /> . which LendPr has an inteaest sha11 be a bse�ch undea the Security Instrument and Lendea may invoke any of the ` - -a�---- �.T
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<br /> ' ICtIICd1C9 pCtlllltlP,�L"y Sh8 SBCIITI[}r Ii1S1iURIG�i *�t4,.-i z- -~ ��Y. °
<br /> �,��i BY SIdNING�IIAW,Borrowet aoc�p�s and agrees w the tezms and provisions wntained in this 1�Family
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