�••� •r � ':t•_ _'�`_�� ..f.: ' - ' ' ^[..r C 4!^'."S �.lY'�`' -r
<br /> -.��_ ..-- _- __ _ _— '_ _— _-__ ...__ . __' _ _. _ ,'._ _ �'.
<br /> � '�> � 4 „
<br /> , ,� . �. .� '� C . . .
<br />.. . � c ..L . �. T _. C. G ... .i . .E-� uc.. F _ ,f <..4._.�. ... � � a .c `c�. rr--'• ( �� –.
<br /> � � < ` � _ 4, � `' ` �. ,c .o``'L ( � � � , � ' . , r �. ,. � `<.. �" �G-; �,� ,� (
<br /> ' . � Y - .�ti . ,. � .` " �� .. ' � . �t�` � . ' . . . .. , , . �- . c�`� � �� ��
<br /> . C . . . . .�G- r� . c' . , • , • --�
<br /> i: . �, 5 . , , .< <C ,
<br /> � . ..< ,. .. . .. , � _ .. ` ' . " .. ' - .�'. �. , ' � . � `� ' • �
<br /> ' . . < '' �. .. '- 1,,._._..'_.,_._ . `< _.._.,_....,.3�< _. �L' - ,_,..�.:� \� �_��.'_"' �� _.._ _ �..._�i_ —..w- � . ..CO� .
<br /> �'` ' �. ` , '
<br /> . • _ .. � ._.. ..4_
<br /> . . �:�
<br /> t • ' ., `
<br /> � ' `�� 1:
<br /> ' •: • � `, p�/y �\.�����'r .y '�� f.,`,.. .
<br /> p i Q
<br /> 'C Y�•_ .. ..,: " '
<br /> . ,'C. t.' . � . .
<br /> ` � G.ASSIGNN�PIT OF LEASES. Upon Lender's request,Ba�rower shall a�sign oo Leader all leases of the ,-`� -•°, '-
<br /> �� ,
<br /> •` ` - • ;- Pcoperty aad a11 securiil'deP°�made'sn connection witb leases of the Pmperty.Ugon the assignment,l,�der . � - '
<br /> --- ---` st�all have the sight w modify,eat�d or teami�rats the eaisung leas�s and tn eacecau,e new teases.m Leader's sole _ _ _
<br /> � ..'. dissaetioa As used'm tGis pazagraph G,the c�rord"Iease° s6all me�"sab2ease"if the Security Instrument is on a , :� � ' :.
<br /> dis �, a t.
<br /> ;�� �5 leasehold • '
<br /> � � '� H. ASSIGN14ID�iT OF BEN'PS; APPOINfNIENT OF RECEIVER; LENDER IN POSSFSSION. ��::�•.
<br /> ` Bwmwea absolntrly and oncondiuonaUy assigns and a�sfels tfl I.e,nder aU the rents aad revean�("Rents'?of the . - :� .
<br /> � • � .: pmp�ty,reg�diess of to whom the Reuts of the PcopertY are QaYable.Bonow�suthorizes Lcaider or Le,nder's �,`:-4.. :�: ;, :
<br /> agents ro coII�t the Rents.and agcees that each te�ant of the Propeaty sLaU pay the Reats m Lender or Leadea's ` . : .
<br /> ' � � , . �.� agents.However,Bormwer sbaII rece�ve the Rents until(ij Lend�i�as giveu Boaower notice of defanh p�usuaat tn . 'r�;~,~,._
<br /> . pa�agrapL 21 of the Seaaity InsOcume�t and(n)Leader ha4 given notice ts the teaant(s)d�at the Reuts are tn be •' ,• �:-=`-�
<br /> : . � pyid W Lendes or I.�der's age�t �is agsignmeat of Rent9 ooasdtvies an absolute assignment aud not an ` •��`�'"`
<br /> 4(. . ' `� - a�_ _
<br /> . .f, _
<br /> � , : assigome�t far additional s�carity anty- '�� _
<br /> �, � If Lcnder gives naticce of breach to Boaower.(�sil Reats rec�ived by Bormwer shal[he held by Borrower as , . _ _
<br /> ` e ---
<br /> � - � r_;i:t`.: . —
<br /> ' � ' •.�,,,,,•`; trastee for ttie 6enefit of I.ender only,w 6e applied w the sums s�ured by the SaauitT►Instrament:Cn�L,eadea sLall . - _
<br />;�f,-. ` • '. be eutitled to oollect and receive atl of thc Rents of the Property;C��Boaower agrees that eacio tenant of the . ' _-
<br /> . .... . ' ,_ ' Pcopeaty s6a11 pay ail Reats dne and�mpaid w Lender ar Leader's ageaus upon Ixada's writteu de�and tn the p,�
<br /> . . -,°� tenza�fiv) antess apPlicable law psavides othesa►}se,all Rent�colle�xed by I.e�der or Leadea's agents shall be , ,�,�_
<br />_ � � -`��� applied fast w the costc of talang conuol of and mana�ng the Property aud collecting the Rents.mclnd'mg,but not �. . ,�rA--
<br /> ' . •;t� limited w,auomeys' fees,�eceives's fees,premiums on receiver's bonds,repanr and mainte�ance costs,insaiance _ , '�":,%ti_;�.�
<br /> premiums, taxes.assc�ents aad other ct�arges on the Prope�rty,�d thw to the sams sesured by the Seauity . ... .. ,,�,�..-�
<br />- tnswm��(v)I�de�,Lendea's agents or any jadicially appomted receiver shall 6e t'saahle tn accouut for anty Wose .�.`:�:. ,.:`�x�:='
<br /> : _ _
<br /> , ' „ Rents acmaliy rer�ived;and(vi�Le,nder shaU be e�dded tn 6ave a receivea appointed w take possesgian of and '.��?�-
<br />_ . - . m�age the Prapeny aad collect the Reats and pio5t4 derived from the Propeny withoac aay showb�g as to the ` . -"-=
<br /> �' �"�Ktifi+�;'
<br /> ' ' � madequacy Of the Property av S�rity. ; . .1.�i.
<br /> �'i .A f�A�.
<br />- , . • If the Rents of the Propeacy are not suffiaent w cover the oosrs of talung canirol of and rs�aging the . ` ��'-=—-
<br />- .. Propeny and af oollecdng tha Rea�is any fimds eapended by I.e�dea for sach pmposes shall become iadehredness of • ,-;:�,.�:_
<br /> Boimwea to Lender secmred by the Secority L�swme.nt puzsaaat to Uniform Covenant 7. : ..:�':,,'-.
<br /> � . Borrower represe�ts and wanants that Baaowea has not executed any prior assigament of the Rents and 6as . ,:,;'� :'
<br /> t;.
<br /> . not and w�i nat peafo:m any act tfiat woWd prevent L�endes fmm exe�ismg its rights ander d�is paiagrapL. _ �:�:;�.;:;�
<br />- ° . ,' l.enac�.or Lender's agents or a judicially appointcd receiver.shali not be rcqaired w enter apon,take conuol `� +. � '";.�„'_�,
<br />`° �• . . ��' of or ma�taia the Property before or afte�r giviag no6ce of default to Bonowea.However,Le�ndea.or Lender's ; ' �''%�`'�"__
<br /> ,:'� , ageats or a judicialiy appomted�eceiver,may do so at any tirne whe�n a defauIt acc�as.MY ePPlicatIon of Rea�ts `�:%.`',--
<br /> �-� , ' '';:'�� shall not cnre or waive�y defaalt or invalidate any other right or remedy of Lend�'I4�is acsignmemmt of Rents of ,_•'''s'���"-�'-
<br /> . . the Propeaty shall tenninate when atl the sums sec�ued by the Security lasuume�t are paid in fuil. � �` -
<br /> I.CROSS�DEFAIJLT PROVISION. Bmrowea's defautt or isreacb undea any note or agreEment in '. --
<br /> . wh�ch 1Rnder has an interest shaU Toe a breach under the Sec�uity Iastrument and Lender may u►voke aay of the ;� ' ''`� '.. �- -
<br /> � . remedies penniued by the Saauity Instrnm�t, ,' . �
<br /> ', j � BY SIGIVIDIG BELOW.Horrower accepts and agrees to the tenns and grovisions contained in this 1-4 Fam�y ..`� ' .
<br />. .�:.• ,, xf . .
<br /> t Ridea.
<br /> _ , ` ,� � . '.. �_
<br /> ' , .;
<br />,_...f . ' /S�� �, .. L. .'.
<br /> t
<br /> ' S T COSTELIA •Boaowar DEHRA L COSTELIA •Borrawer �_ .
<br />- ' ' ' '':, . .. .'_.....
<br /> � ' (gea]) [SC81) '. . ' .
<br /> -Bortower •Barroaer ( . ' :
<br /> I.. ' . •
<br /> r :
<br /> . �•57 �s3oa�.o� vaye 2 m 2 Forrtr.8170 8/93 �• .: :
<br /> ;
<br /> .- .
<br /> . �
<br /> � '
<br /> . ��
<br /> , . . . . , � � � „ . . ' . • ,>
<br /> ; _ . . .. ..-- . - - . _ . , . _—, ------------ -----_
<br /> , • . . . � . .
<br /> `.h�= . . • . .
<br />� ' . � � ' ;srrr
<br />. . .. _ ' i�.. . - �, . .. .�.:
<br /> . . . .. : . .. � .. .. - : � .
<br /> . �, .�.
<br /> . . .,' .
<br /> .:� .
<br /> �.�
<br /> � .
<br />
|