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<br /> ,� ---1- G.ASS�GN16�'OF LEASES. Upon I�d�'s request.Bauowea s6all asvgn to LEnder sU IeaEes of tae � . .
<br /> -�;,,"","r.. }y� �..��j �n a�made in co�eqion aith Iease.s of the Pto�(� Ury�a the �Leader . ,`.
<br /> �{ � rlY=I�ali1i Gt['�� C°J' Y" � C .
<br /> —°`��.; shall 6ave dae right w mod;fy,exteAd or tsminare the existmg Ieas�snd to exea�t�aew le�es,in L�ded's sale - ` -
<br /> h G,the word°teas�' shall meaa"su�l�e°if ine Secariry tnst�meat is on a ,` .<.
<br /> _ • �a�n.As nsed'm this paragrap , .
<br />, � � ;``'• leasehold. , '� `
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<br /> . H. ASSYGNMENT O� BENfS's AP1'�IINTNN�NNT OF REC�IVER: i.ENDL�it IN POSSESSION. • -' ����' �""
<br /> � _ . - -. Bm�rawer absolutety and ancondi�onalty assigns and ttansfas w L�der all the r�fs and reveaues("R�Ls'�of the ,._°..:.`•^��.
<br /> . ` propesty,�ardless of tv whom the R�ta of the Pmperty are payable. Bomower�thom�s L�ende�os Leadrr's ; , � —�._._
<br /> , . age�tts m collec`t the Keats.and agnecs that each te�ant of the Pcopeity shall pay the Reat4 0o Lertd�or Iaaider's ��t ;`;��`_
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<br /> 'ti � � . agents.Howeva,Boaower sball ieceive the Rents�W(�Le�der Has Bi�+e�Baaower notice of default�utsuant to , � ���-��`.,
<br /> , pazagraph 21 of dhe Ser�rig►�Iasuament and('n�Lenda�as given uoticce w the tenaat(s3 that the Re�t�aie to be - .' . ' ..
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<br /> � . � .. paid to Len�es ai Leadds age�nt T6is ass�gnme�t of Renm wnsamtes an absolute as�gnmeut aad not an `t =�—'�==-°_
<br /> � , ' •` assignmeatfora�nnals�iiYo�Y• � �=
<br /> � ` .,. '. If L.�der gives notice of breach tn Boaower:{ij all Reats received lsy Barcuwer shall be heW by Bauowea as . ' ` "_�
<br /> ° � tmstee far the it�efu of Lendes onll►,tn be applied to the sumv sewted by the Seaai�t}r Iasaume.nfi Cu"j LQade�shan � °. . �: _
<br /> . . ' 6e eutitled co enIIect and r�e all of the Re�ts of the Pcoperty+;(in� Bomaw�agrees that ea�tenaat of the � °_=°=-
<br /> '--..'.. .;._�_',;:= . paapaty shali pap all R�ts dae and fmpaid m Le�dea as Leadei's agents apoa Leader's wriuen demand to�he `.. _---
<br /> � . ,. tenan�frn)�l�s aPP�c�t►�e 1a�'Pmvides athenvite,all Re�ts coIIedEd by Le.nder or I.e�der's agents sGall 6e .4�.
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<br /> � . applied Srst to the casts af ratsing co�rtrol of and managing the Pfrapeaty and coIIec,dng the Rents.incIuding,but aot --
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<br /> . , limired tfl,attomeys'fees.raceiver's fees.preuuams on:eceived's bonds.repair an�maintenance costs,�s�ance . �r_ :b.x
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<br /> - : `: psemiums.taxes.assessmesus and othar charges an the Propeaty,and the�to the sums sepued by the Seauity � '�—� `-�
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<br /> � -- � - - Insownen�(v)Lender,L�dds agents or any judiciallY appointed receiver s6al!be Iiable to accoimt for anly Wose : '.; ;��;.
<br /> ' . � Reats actaa]Iy ceceivecl;and(vi�Le,nda st�all be ea6tted w have a receiva appoire�d to take possess'son of and _ --
<br /> :�; . � . maaage the PmP�rtY and coIIea the Reats aad ysofiis de�ived from Me Propatyr wilhout aay shawlag av to the �; � ,;:=-=
<br /> ' ``�� � ��1�l+of the Propeny as setaairy. . .'°��
<br /> ._ .. . .. .. _ If the Rents of the Pc+oF�ty are not safhcient w cover che cost4 of takmg ooaorol of aud manag�g ttte �,x,."• i.�-.—;_=
<br /> _. � . , ; . Propexty and of coUea�mg the Rents any funds expeaded by Leader for such purpases sha11 became indebiedness of •;• ... .� -�
<br /> Bormwec to Lendea sec�ed by the Seauity InsGrarae.nt putsuant to Unifo:m Covenant 7. .
<br /> . • Bmmwer represemts and warrants tbat Banrowea has not execatod any pr�or assignmeat of th�Re�nts and has ,r°�.
<br /> � ` noi end wi11 not perfonn any act that would preveat Lettder fmm eaeacising its rights�dea this p�agRapS�. ` _--
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<br /> .� <,- . .�, I�ender,or I.ender's agents or a judicialty appomtefl rece�v�r,shaU not be reqaired to ente�upon.take control " p.,m.:
<br /> � , of or maintain the Fropeay before or after givmg nottce of defanit ta Boaowea. Howevea.Le�der,or Leader's ,�-�:��r-;..
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<br /> agents or a judicia'�y sppointed receiver,may do so at any time wheo a QefauIt oc�cars.AnY aPPlicalina of Rents . -�s�:=
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<br /> , sha11 uoi care or waive any default ar invalidate any othea right or remedy of LeAder.'l�is assigsment of Rents of � �+ ���"
<br /> � � the Fraperty ahall tarninaie when all rhe swns secured by the Sea�iry Insdniment are paid in full. ,,__
<br /> ,.- I.CR03S-DEFAIILT PROdISION. Bormwea's default or breach unda any note os agcceamea�t i� , ' __
<br /> . ��' which Lende,r has an intece.s[shall be a breacb�mder the Security lnswment and Lendea may lnvoke any af the ,
<br /> �: � ;<:'� remeQies permitted by the Secarity Insuumeat � � !
<br /> ' . BY SIGNINO BEIAW,Sormwer accepts and ag�ees tn the t�ms and provlsions cantained in tbis�-4 Family . . ..;.:.�,,
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<br /> : � '. ,. . .����'� ��/ cs�n " ��� rs�, .�_ �_ =-_
<br /> •- ROSERT CARL HOLT _goR�� CS R HOLT -Hotrower ,� .
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<br /> . . ,: •. " (S� --- �SCaI) . _, � ' .
<br /> '. � " -Horrower •Horrower . . .
<br /> � �•57103W1.0/ vasozo+z . Form81708/93 •. ' . ;. .
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