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<br /> '" G.ASSIGNMENT OF LEASES. Upon Lender's raqucst,Boaowcr shall assign to I.cnder all leases of thc ;�1,.t� ,_ 1
<br /> Properry and all security deposits made in connection with Ieascs of thc Property. Upon the assignmcnt,Lendcr • ` •� , : =
<br /> shall have thc right to modify,extend or tcrminate the cxisiing lcases and to executc new Icasrs,in I.cndcr's solc :;,r;j-,�•,� y�:-
<br /> discretion. As uscd in this paragraph G,the word"lcase" shdl mean"sublease" if the Sccurity Instrument is on a •��•�_.._r;,�r�;��,�w
<br /> � lcaschold. . .��rea�
<br /> H. ASSIGNMENT OF RENTS; APPOITYTMENT OF RECCIVER; LENDER IN POSSESSION. "-��°~-
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<br /> Horrower absolutely and unwndidonally assigns and transfers Lo Lender all the rents end revenues("Rents")of thc �• �:�:
<br /> Property, rcgerdless of to whom the Rents of the l�roperty are payable. Bonower authorius Lcnder or I.ender's :r�-�;�
<br /> agents to collect ihe Rents,and agrees that each tenant of�he Properiy shall pay the Rents to Lcnder or L.cnder's .�,-.�a�
<br /> � agents.Hawever,Borrower shall receive the Rents until(i)Lender hav glven Borrower nodce of default pursuant w ,
<br /> paragraph 21 of the Security Instrumenc and(u)Lender hag given notic�to the tenant(s) that the Rents are to be -�
<br /> • patd to Lender or L.ender's agenG This assignment of Rents consdtutes an absolute assignment and not an ___;,��
<br /> assignment for addiHonal securtty only. ��.���?sw
<br /> If Lender gives notice of breach to Boaower.(i)all Rents received by Boaower shall be held by I3onower ac �g�;
<br /> .� trusnee for the benefit of Lender only,to be applied to the sums secured by the Security Inswment;(iI)L.ender shell
<br /> � be enaded to callect and receive all of the Rents of the Property: (ui) Borrower agrees t h a t c a c h t e n a n t o f t h e ' -�,-.�'.x�'��
<br /> � Property shall pay all Renu due and unpaid to Lender or Lendcr's agenu upon Lcnder's wriucn demand to the s���,„ .
<br /> ` tenant; (iv)unless applicable law provides otherwise,all Rents collected by Lender or Lender's agents shall be
<br /> ; upplied first to the costs of taking control of and managing U�e Propeny and coUecting the Rents,including,but not •.���
<br /> �'� limited to.attomeys' fees,receiver's fees,premlums on rexiver's bonds,repair and maintenance costs, insurance _
<br /> � prcmiums,�axes, assessments and other charges on the Properry. and then to thc sums securcd by the Securiry —
<br />- _ � Instcument;(vj Lcnder,Lender's agcnls oi a�zy judicially ap�aissted m,ceiver shsll be liable!�e��'nnnt for only those _::�°�'"'—_
<br /> � Rents acwaUy received; end (vi) L.ender shall be endded w have a recciver appointed co telce p�ssession of and e. _ —
<br /> � mansge the Property and coAecc the Rents and profits derived from the Property wtthout any showing as to Ihe __ __'
<br /> � ` inadequacy of the Property as security.
<br /> .' If the Rents of the Property are not sufficient w wver the costs of taking control of and managing the - ._
<br /> � Property and of collecting the Rents any funds cxpended by Lender for such purposes sha111�ecome indebtedness of v�:��--
<br /> `� Borrower to L.ender secured by the Security Instrument pursuant to Unifomi Covenant 7. �-°
<br /> � P nor assi ment of the Renu and has � �
<br /> �_ Borrower re resents and warrants that Borrower has aot eacecuted any p' Bn
<br /> s� not and will not perform any act that would prevent I.ender(rom exercising its rights under this paragraph. _
<br /> Lcnder,or Lender's agents or a judlcially appoinced raeiver,shell not be required to enter upon,take control Q----
<br /> �' of or maintain the Property before or after giving noticc of default to Borrower. However, Lender,or I.ender's N,:
<br /> agents or a judiciaUy appoinUed receiver,may do so at anY tirne when a default occurs. Any applicauion of Rents
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<br /> shall not cure or waive any default or invalidatc any other oght or remedy of I.ender.This assignment of Rents o �
<br /> � the Property shall terminate when all the sums secured by the Securiry Instrument are paid in full. ��,
<br /> I.CROSS•DEFAULT PRQVISION. Borrowcr's default or brcach undcr any notc or agreement in [`---
<br /> which Lender has su�interest shall be A breach under the Security Instrument and Lender may invoke any af 1he __
<br /> remcdies pcm�itted by thc Seciuiry InsuumenG F=
<br /> . BY SIGNING BELOW,Bonower accepts and agrees w the cerms and provisions conteined in this 1-4 Family � __ ___.. ____
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<br /> ANITA S DANKLESEN •Borrower •Borrowcr � �I �;
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<br /> . ($C3l) (SC21) .�,y:,� ;,`R.
<br /> i •Borrower ���;;,;!k;�. y..,�
<br /> - � •Bonowcr
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<br /> — �o•b7 �oaoa�.o� aape 2 oiz Form 3170 3193 I .
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