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<br /> G.ASSIGNMENT OF LEASF.S. Upon L.cnder's requcst,Borrower shaU as.slgn to Lcndcr cill Icascs of thc
<br /> � : '''� Propcny and aU securlty dcposits mnde in wnnecdon wlth Icases of thc Property. Upon ihe agsiAnment,Lendcr • --
<br /> �,�,,,,, shnll have the right to modlfy.cxtend or tcrminatc thc caisdng lcascs and to cxccutc ncw lcascs,in I.endcr's sale ,
<br /> .r,,,, discredon.Aa used in this paragraph C3.thc word'7ease" shall mean "sublcasc" if the Sccurtty Instrument is un a _
<br /> Icaschold. =-
<br /> H. ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; LENDER �iV POSSESSION. __.
<br /> Borrower ubsolutely aad unconditionally asslgns and transfcrs to Lender aD the rents and revenucs("Rents")of the ___°
<br /> property,regerdless of to whom the Rents of the Property are payable. Borrowcr suthorizes Lcnder or Lendcr's -
<br /> agenis to coUect the Rents,and agree.a that each tenent of the Property shall pay the Rents co Lender or I.ender's =
<br /> agenis.However.Barrower shall receive the Rents until(i)Lender has given Borrower nodce of default p�usuant to ;_
<br /> paragraph 21 af the Saurity Inswment and(ii)I.ender has given notice co ihe tenant(s)that the Rents are to be _
<br /> � " paid to Lender or Lcnder's agen� This assignment of Rents consdtutes an absolute assignment and not an _
<br /> assignment for additlonal sceuriry only. ;
<br /> If l.ender gives notice of breach to Borrower:(i)all Rents receieed by Borrower shaU be heid by Borrower as
<br /> trustee for the 6enefit of L.ender only,to be applied to the sums sec�red by the Serurlry Instrument; (it)Lender shall r �
<br /> be entitled to coUect and receive all of the Rents of thc Property; (iii) Horrower agrees that each tenent of the
<br /> � , Property shall pay all Rents due ar�d unpaid to Lender or I.ender's agents upon L.ender's wriuen demand w the
<br /> tenant; (iv) unless appiicable luw provides otherwise,all Rents collected by I.ender oz Lender's agents shaU be
<br /> _ ' applled first to thc cosis of taking conuol of and managing the Property and collecting thc Rents,including,but not �_�_
<br /> limlted to.attomeys' fees,receiver's fees,premiums on receiver's bnnds,repait and maintenance costs.insurance :
<br /> , premiums, taxes,assessments and other charges on the Yroperty, and t�en to the sums secured by the Security �'�
<br />_ Instr�ment;(v)Lendea,Lender's agents or any judiciaUy appointccl receiver shell be liable W account for only ihose �;;=-
<br /> Rents acwally rcxcived; and (vi) Lcnder shail be endticd w have a receiver appointed w telco Possesslon of end �a
<br /> " manage the Property end collcxt the Rents ar►d profits derived from the Propertv wlthout any showing as to the �
<br /> __ _.__— inadequac;y of i��a���rty�sxuriiy. ��
<br />= If the Rents of ihe Property are not sufficient to cover the costs of taicing conuol of end managing the �-
<br /> Property and of coUecdng the Rents any funds expended bl I,ender for such parposes shell became indebtedness of
<br /> ,. Borrower to Lender secured by the Security Insirument pursuant to Uniform Covenant 7. _
<br /> � Borrower represents and wasants that Borrower has not executed any p�Ior assignment of the Rents and has
<br /> �� not end wlll not perfam anY act that would prevent Lender from cxercising its dghts under this paragraPh• -
<br />� � Lender.or I,enda's egents or a judicially appointed re�eiver,shall not be required to enter upon.take control
<br /> i of or malntair► the Property before or after giving not[ce of defaWt to Borrower. However. Lender, or Lendc�°s
<br />_ agents�r a judicially appoinced receiver,may do so at any time when a default occurs.MY application of Rents =
<br /> • shall not cure or waive any default or invalidate any other right or remedy of Lender.'Ihis assignment of Rents of
<br /> " � � the Property shell terminate when all thc sums scxured by thc Security Instrument nrc paid in full.
<br />= �• • • I.CROSS-DEFAULT PROVISION. Borrower's default or breach undcr any note or agroement in
<br /> ':; ,;� � which L,ender has an incerest shall be a breach under the Security Instcument and Lender may invoke any of the
<br /> .. . remedies permictcd bY ihe Security InstrumenG
<br /> BY SIGNIIVG BBL.OW,Borrower accepts and agrces w tha terms and provisions wntained in this 1-4 Family _
<br /> ' RIder.
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<br />� _ CH7INNINC� R MAREK •Borrower �' Y MX�' TTE�1�OMARfiK � -Borrower �
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<br /> •Borrower •Borrower
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<br /> ��•57 tsaoq.o� pap•a oi 2 Form 5170 3/�3 'r:_
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