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<br /> G.ASSIGNMENT OF LEASES. Upon I.endar's reques�Borrower shail assign tn l.ender ali l�ses of the � . . ' �
<br /> property and all securiry deposiu made in conueciion with teases of the�ro�erty. UpoA the assignment,Ler.der - , ---- -- y.-- -
<br /> . st�all have t1�e right ta modify.extend or terminate the e�cisdng leases and ro eacecute new leases,in 1.endex's sole • ' -
<br /> discretiou.As used in ihis parasaph G.the word"leasc" shall mean "sublease" if t��Security Iastc�ment is on a ... .
<br /> lease4old. .,$'
<br /> . ED. ASSIGNMEN7P OF REPITS; APPOIIVTMEIN'f OF R�CEIVERi LENDER Iri POSSF�SIOIN. -. :;` e �. _..._
<br /> Bo:rowea absolutely and unconditionully ass�gns and transfers to I.eader all the reuts and reveaues("Rents")of the .
<br /> 84I :. . . ..
<br /> propc�ty,regar�ess of w whom die Rentc of the Prapaty are P3Yabte.Bo:rower suthorizes I.ender or Lender's , . ; - : •
<br /> . ageats to�olleci the Reats,and agre�s that each te�ant of the Pmperty shaU paY the Rents m I,end�or Leadea's r��:--
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<br /> agents.�iowever,�aimwer shall receive the Rents unt�(i)l.ender has giver�Boirower norice of default parsuant to . _ ---_
<br />� paragiaph 21 of the Seciuity Instrument and(n'}LeAdea has given notice w the teaant(s)thai the Rents are w bc : :. �,----
<br /> paid tn Lendea ar I.endea's agent 'Itiis assignmea�t of Rents wnstiwtes an absolute assignmeait and not an '��,� -'-�'�'=,
<br /> , as�ignment for additional security only. . '�`T`�:,-�"=
<br /> If Lender gives notice o4'6reach to Bamowa:(i)aII Rents ceceived by Bonowex shall he held by Borrower as . .,`;�,,_.-=y�,-
<br /> �usteE for the benefrt of L.ender ontg+,tn be aPPlied tn the sams secured by the Seauity InsdNmen�(u7 L,ea�der sha91 .
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<br /> be entitIed m co�lect and receive all of the Rents af the FropeatY; (ih? Bosrowes agcees that each tenant of the �, �� �,�,:�.:—___---
<br /> ?�;;' pcoperty shall pay all Rents due and anpaid m I.ender or L�der's agents apon Ler�der's arriuen dem�r►d to the _ _. - —
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<br />::�<<� tenan� (iv) imless 2PPlicable law pmvides otheawise.aU Rents collected by Lender or Lender's agents sLall be , :. ,�r�_�,.•-,
<br /> �����e costs uf taldng conorol of aad managing the Progerty end collecdng the Rents,including,but not ., _
<br /> luaited tn,attomeys'fees,receivea's fees,Premi�uns on receiver's bonds.repair and mauitenance costs,insuranee -. • ::� • _
<br /> ; premiums.tases.assessmei►ts aad other charges on the Propeaty,and then w the sums secured by the Seciuity :_::,,,.�..' . � �.-
<br /> . Insaumea�(v)L.endea.Lender's agca�ts or any Ndicially appointed receivea shall be liable w account for only those "'.• . ..
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<br /> Rents e��and collect the Reu�and Profi dai�+edYfromrthe�Propeaty withau any showing�as to the -�'' '
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<br /> inatleqttacy of the PmAertY as securiry. ';�. ..
<br /> If the Re�nts of the Property are not su�:.�L w covea the costs of taking conuol of and managi�g the �;}..;-
<br /> Yrope�ty and of cc��nng the Rents any funds ex�ended by Lea�dea for suc�putposes shall become indebtcdness of ,> ;
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<br /> � Borrc�-�w I.end�r s�ued by the Se�a�oritY Instrument puis�a w Uniform Coveaaat 7. � �
<br /> '�'{'' Boaower re��LS and w^�ts that Botrowe�r has ca2 ex�cnted any Prior assignment of the Rents aud has '((("c : . .�
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<br /> -� not and w�not pe��sn any act t�at wonid prevea►t I.ender frum eaercisin8 itv rights uadea this patagtapt�• �- . . - . -
<br /> Lender,or I.caidea's ageats�r a judicially,��+p. ointed receiv�,shall not be required w entea upon,tak�conu�l �:: ; M_
<br /> of ar mein�in the Pro p e i t y befora or aftea givmg aotice of defaolt oo�ozrowea.However.Lender,or Lendea's :�� �_
<br /> ::!'•<i::, agents or a judicially appointed e�aziver,may do so ai any�s when a default accius.AnY aPPlication of Rents - -- ..�. -
<br />'`'�"%�'"� shall aoi aue or waive any defa�':t or invalidate any other r,�a or remedy of Lender.'Itiis assignment of Rents of '.._
<br /> � � the Property shall teiminate when all the sums sw.�red by tbe S�uity Instrument are paid in full. _-- -�-
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<br /> I.CItOSS.D�AiiLT PROVISYON. �onower's defautt or �r�.ach wlder any nate or �oezuent m ,.,{ _ ,. --~ {�'
<br /> which Leaidcr has��,traest shall be a bre�h�der the S�::si��tyy Ins�u�:ni and I.en d e r may invo t c e�.zy o f t h e 3 . �.•
<br /> -: �; remedies Permiued by the S�'�i�r�unent ,:Y•- ��.`_;j;,
<br /> r BY SI(iNING BII.01rV,E„s�wer accepts and agrees w the tesms and provisions contained in this 1�Family `,..,:._'.,•_..,�,
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<br /> -Borrower PAT1tICIA A BALJER 6 -Borrowtr � �� �'
<br /> JACOB J HAUER • •,'•�?4�'_
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