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<br /> . -.::�-�' � G.ASSIGPiNdENT OF LEASES. Upon L�dea's request,Botmwer shall assiga to Leadear all te2�s of ths -�,`r � . -�,
<br /> - _.-- �-.�:.j p�ogeity aad all sec�uiiy deposas made m connecaron atifh leas�a of the Pmgelty.Upon the assignmeut,L.�dea ` _ ' r
<br /> ,' - Y� shall have the right w m a d i f y,exte�d or te�minaie the e x i s ti n g Ieases and tn eaecaite new 1ea�as.im I,eudei's sole , Y-
<br /> ..`. I discretion.As ased 'm this paragrapb ti,the word"lease"shall mean"sublease"if the Securiry Instrameru is on a � '',:' •`:�
<br /> teasehold.
<br /> . ' ' �;� B. ASSIGNhhfENNT OF RENTS; APPOIl�N�NP OF R1EC0VER; LF.PIDER IIoi FOSSESSION. ,:. ' `
<br /> • � � '`i Bomowet ab�lnte]y and�oonduionalty ascigns and transfeis w Leadea all the re,nts and zev�ues("Rents")of the �t•s;';�:��
<br /> s F> '
<br /> • ' Fropesiy,reg��lless of�u whom the R�ts of tl�e Property are paya6le.Bouower authori7.es Leader or Leuda's .r�';.; °
<br /> �:.`� ag�to collect the Renis.and a�ees thai each tenant of the proPe�ty shall PaY the Rents w Lender or Leader's ,��'�� , , `
<br /> ; agentg.Iiaweve,�,Boaower s4all r�eceive the Reats antil(�Le�dea has gi+�Borrower notice of default putsvant to � " ` �.:��>s�=�
<br /> � paiagraph 2l af the Secusiry Insnun►em and('n?L,eadea ha9 givea�notice ro die t�ant(s)that the Reats are m be ,'F��_;>r°.
<br /> :�,.•._
<br /> � paid w I.�der ar I.e�des's agent Tdis as�gnment of Re,nES constitutes an absolate assig�n�t and not an `.'. .
<br /> (� � � . �, assignmeat for addi,tional s�urity only. ..:�� �:`_
<br /> • ��,..�..:
<br /> �_ . � '`.� If Lend�gives notice of hreach ta Borrowex.(�ail Rents�ceived by Boaower shall be held by Bormw�ag ,.�:� �.•,`•�•_-..
<br /> wstEe for the benefit of Lender only,tn be applied m t6e s�ums s�e�by the Seairity InsUn�en�fn�Lender sha11 �:`i=^-:,
<br /> ` � be enuded to collect and receive a11 of the Rents of the Pmpac�y;(in) Bomnwer agrees that each te�ant of the :.,..,,,. , �;'•,'�',=
<br /> -- .. . �-•-'` �F�Y �P8y all Ratts due and impaid to I.eatdea or I.euder's ageAts upon Lende�s writte�demand to ihe ;'`F E �'�;��
<br /> 4, , . �
<br /> tenanx Ctv) unIesg applicahle law provides otheawise.all Ra►ts coller�l by Leuder or Laader's agents s6all be 3; ;. ��Ty,
<br /> � .'+ aPFlied fast ro the c�sts of taking control of and managing the Propaty and collecting the Rc�ts,inctading,but noi , �r+' �-r - x'.
<br /> . . l�ited tn,auomeys'fees,re�eivea's fces,pZCID1UIILR OA iCCClVCL'S bOAd3,ICP�II 1Ad iAa171ICa2nCC CU344,insivance _
<br /> . . .. �- preaniums,taxes.a�ssmenB and other charges on the Yropeny,and thea to she svms secured by the Sec�uity ���
<br /> . Tnsuumeafi(v)Lender.Lender's ageats or anY N��Y��ted�ceiver shall be tiable w accouat for dNy those `'� �-�,;:_
<br /> � ' '• Rents acwally received;and(vi�Leade,r sball be entitled to t�ave a receiver appamted w talce possessioa of aacl , ..: � ��;,=
<br /> ,: . � msnage the PropertY aad callect the Rents and pmfiB deaived from the Propeaty without aay showing as tn dce �: d� .
<br /> ;� , � � madeqaac.y of tp►e Pmpeity as securiry. � -
<br /> . If the Rents of the Pcoperty ate not sufficient W covra t�costs of talaag cannr+ol of and managing the ,' �. . . "`V�;-
<br /> Property and of collecting We Reats aay funds exga►ded by LendPa for sucb puryoses sLa11 become iadebtedness of . . .'�t'
<br /> �� ;� Bmrower m I.euder seaued by the Securiry Instmment puzsaant to Uniform Covenant 7. . � `' .�`
<br /> ,�1`:", ' , : ' 4:�.?�_o.
<br /> Bomuwer re,presents aad wanant�tLat Bo:mwa das not executed any prior assignment of the Renis an�has ,�, . :; =w�
<br /> ':, . <; not and wiU not perfotm any act that woWd prevent I.ender f�m exe�ising its rights under dils paragraph. "`,•;�{•'
<br /> � 'S'.� ..i. ': . .
<br /> Lender,or Lender's agents or a N��Y aPPointed receiver.shall not be required to e�ter upon,take cunuol �. �}:��i�;`
<br /> oi or maintam the Praperty before or after giving notice of defaalt to Borrower However.Lendec.or Leader's . �,:';�f
<br /> � agents or a judicially appointed receiver,may do so at any dme when a defanit accurs.Any applicarion of Rent� �•.�_�
<br /> � ` +• shall aot cure or waive any defanIt or invalidate any othea right or remedy of Lender.'Ihis asvgnment of Rents of . �:`•"?�.�"`-
<br /> :: • tha Ptoperty shaU termmar$when all the swns sec�ueA by the Secmity Instrument are paid'm fuU. . � -
<br /> termma
<br /> '.''� ' b CROSS-DEFAULT PROVISION. Boaower's defaaIt or breach nnder any note or ag�eement u� � r'' �:?�-
<br /> �'.,. � ;�.�•.-
<br /> ' � ' � which Lea�der has an interest shaU ba a breac6 under the Sec�iry Insuument and Lende�may invoke any of the � , �, -�. ;
<br /> -� , � remedies peamitted by the Sectuity Insuument , • -
<br /> BY SIGNWG B�LOW.Borrower accepts and agcees w the terrns and provisions eontained in this 1-4 Famity �>,,:;::�.: ., .
<br /> . ., Rider. �•,. �. ' _ .
<br /> . •- .,,;
<br /> . . ,. . , (S�) �y� —l�S� ,�. • . .,:;�.
<br /> . DR L B1�MESB (iER -Horrower BE HAMESBERCiER :Hmrower .
<br /> �,i . ` �$C8]� ��q]� . .
<br /> ,� -Borrawer •Horrower •
<br /> � �•57 (s3oa).o+ vape z oi 2 . Fqrm 8170 3/98 . . .
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