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<br /> ` G.ASSIGNtV[EN'T OF LEASFS. Upon Leadea's teqnest.Boirower shall assign to L�eaded aD leases of t�e � ��.�Y..;� .: �.
<br /> �-- `' ProPr�tY and all secacity deposits made�n conneaion with leases of the U dee assignment,Imd� � ''� � .
<br /> . ;:3,-_ PrapeatY• P°n ,.� ,.:..�
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<br /> -. .—.=—- - s�6ave tlie rigbi Lo modifY.ex�ad or r�.�,;,�are tlte exls�ing leases and to eae�ute new leases,m I�er's sole _ _ _ _ . �. �
<br /> . �' �`� discsetion.As used in this parag�aph G,the word"1e��ase"shalf m�"su6lase"if the Security Insocam�t is on a -�-:
<br /> . . :.i leaseha2d. �� ,�.�`.� :� �
<br /> ; ,_,..� A. ASSIGNN�N'1' OF RENTS; APFOIl�STNIEN'd' OF RECEIVER; LEND�t IN POSSESSION. ' �. . '` ' ' j
<br /> Bonrowea absot�rtely aad anconditionalIy assigns and t�ansfeas w l.euder all the cents mid ieve�es('Rents'�of tt�e • � ,
<br /> � . `�: r; Pmpeily,regardless of w whom the Rwis of the Pmpe�ty are payable.Boaowea authorizes I�endea or 1.endea's �
<br /> . - ' • '•'� ag�ts�o wllect the Reutg.aud ag,r�es thai eacb t�ant of the Pbperiy s6a11 pay the Reats w Leader ar L.ended's : ` _
<br /> agevts.Howevea,Bormwer shari�eceive We Rents van'i t7 L�endea 6as givea Bomnwar notice of defa�ilt pmsoant ta .'i`(.
<br /> • '•.`' pazagtaph 21 of th�Seauity Ins�atn�t and(i��Lrnder has giti'en uorice ta the teaant(s)thai the Re�s at�to be ,F- r :..` y�
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<br /> �- � paid w I�ender ar Leadds agent 11iis assignm�t of Re,nts consGdates aa absolute as�g,�uneat and noi an .. : ���_.._
<br /> �. • assignment far addmional seanrity onlY• —
<br /> � . If I,eader gives notice of breach w BoTrower:n all Reats received by Hmcowe,r shaII be iield by Bomnwer as . • _
<br /> . ' tru.stee for the beaefit of Irnder anly.to be applied to the snms seraared by ihe Seaaity Instn�meu�Cn�I.ender sba� • , —.._
<br /> -' ' . be enutled to wIlect and receive all of the Rents of the Pcaperty; Crii�Bormwer a�ees Urni eac6 tenant of the � ;;::.�,��
<br /> - . �:: pi,oP�3+�PaY all R�eats due aud unpaid m I.mder ur L.eader's ageats ugon Lender's writtca demaud m the ;;` . —� .
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<br /> '�'=i< �,r... ' Ie11az1C.(iv) IuAICSS 1pp1'tCeble 18w p�OV[des o111�wise� ell Ret1L4 COIIeCted by I.�dG�oi LeRder's 2get1[4 S712ll I1e .;�����''�: _-�— -
<br /> � = applied 8rst w the costs of taicing conual of and managing the prag�ty and collectimg the R�ts.inclading,b�aot ���_.
<br /> '`�° lirnited w,auorneys'fees,rereivds fees,premiums on receiv�'s bonds,repair and maintenance o�sts.insmauce � .�°'
<br /> .. x prcmiums,taxes,assesQnents aad ot6er charges on the Fropeny,�d then w the sau�secared by the Security ., f': `.�
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<br /> .- . . ` ._ It�ume�x(v)Lend�.Lender's ageats ar anY.N�Y ePPointed receivea sLait be liab�e to acco�mt for only those �.�:.�:;_�:,��s��_;;
<br /> ' . Rents actuaIIy received:and(vi�Lead�shaU be entitted w have a receiver appoiated to take possession of and �..
<br /> . . " manage the Praperty and col2ect the Reats and prof�s derived fnom t6e Pmperty withaut any showing as to the . . '�„z �
<br /> � inadeslvacY of We piraperty as seauity. , .�. �t�:�. ��
<br /> . , If the Rents of the Propaty are not snffcient w wv�the casts of taldng cantrol of and managu►g the ��'� --—
<br /> .� Propeity and of wllectmg the Reats any fiwwds expen�d by I�endea for sach pwrposes shall become indcbtedness of . ';�=.,�,�
<br /> Borrowea w Iea�d�secmed by the Secauity Instrument p�us��t to[Jniform Covenant 7. .. . `��:�;_:-
<br /> � ' � Borrow�repr�,sents and waaants that Boaower hav noi eaecute�aay prior assignmeut of the Rents and•ha9 .�, .::.�';'--
<br /> ' . not and wali not perform any act tLat woWd prevent Lendea from ex�i�ug itc rights ander this paragraph. . . � �"-_.':--
<br /> --... '_ _ � Imder,or Le�dea's agents ar a judicially appointed receiv�.sbaD aot be required w entea apon.take conuol - . � ''�':�--
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<br /> . � of or maintain t�e Propeny before or afte.r glving norice of defaWt t�Borrower.Howeve.r,Le�der,m Lender's � k��
<br /> • � . agents ar a judicialiy apgomted receivea,may do so at any time when a defanit oc.curs.Any app�on of Rents ,,,�,:=
<br /> � � � sl�aU not caue or waive any de.faa[t ar�validarc any oWer right or remedy of Lcader.'ihis asvgnment of Rents of , � ���'��°'
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<br /> . the property shall te�ate whea all the sums secureif by the Secauity Instrument�e paid in full. . ' '�'�'�'_
<br /> . � • � I.CROSS-DEFAULT PROVI3ION. Bormwer's defaWt ar breach andea any note or a�eement in .��
<br /> . which I.ender hav an int�est shall be a breach under the Seauity Instrument and Lender may invoke any of ttie ,�:�;g-�-
<br /> .. . remedies pesmiued by the Sec�uity Inswment� � ' �,�<_
<br /> . ' ' BY SIGNING BIIAW.Hoirow�r accepis and agrees w the terms and provisions contaa►ed in this 1-4 Famiiy '-"`;'`
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<br /> - ' • JERRY I(ROHN -Borrower D L ICROHN -Bonoarer ' .. _ '
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<br /> . . -sorrower -aotrower ' .
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<br /> ' � �•S� ��aaet.o, v+oe 2 oi 2 Form 8170 8/93 . .. ' ,
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