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<br /> _` ` - G.AS�dCNN�N'!'OF LEA51�S. Upon Lead�'s reguest,8os:ower sha!!assign w I.eader all Ieases of the �-;- :--- ---
<br /> � � � '. prapecty and ali s�rigr deposit4 a�ade tu connection with Ieas�s of►he Property.Ugan the a���.�� F ; . � '�
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<br /> . , shaD tiave Ihe right w modifY,extend or triminate the exisdng leases aud W exea�te aew teaces.in Lemdet's sole . , �
<br /> _ . . disc�wn.As�ued in this patagiaph G.the word°tease"shall mean"subtease"if the Security lnstrument is on a : � .
<br /> .. N; � �H. ASSIGNR�N'� �F 6EN7'S: APPOII�iTMEN'�' OF RECEIVER. LENDER IAi POSSES.SION. Y '
<br /> ' . _ Bflirower absoLrtely and uacanditianally sssigns an�i[at+sfera to Lender sU the reats�d reveattes C'Reat�"}of the _ � <,
<br /> ; ' _ •� ,_��� `•:��:
<br /> ' pmpelty�reg�of to ahom the Re�ts of the Pmpeiry are payable.Borrawer anthori�s Lender or Leadei s . y 4:': , .-,.L.r_Y
<br /> .,�� ag�dts t�wUECt the Reutg.aad agrees that each teaaat of the Propeny shaU paY the Reuts w Leader or Lead�'s • , - -- -
<br />" . ,. � ' ' agents.Howev�,Hoaower shaD receive the Re�ts unu7(�I�ad��S�ven Bosrower notice of defanit p�usoant to : . _:,_,�
<br /> Re
<br /> _ - - . parag�apb 21 of the Se�auiry Instn�me�t and Cu'}Leader has given noace to ihe t�aat(s)that the Reatc aie w be , -
<br /> arag a
<br />'- � '' , ' paid ou Leadec ar Lemder's agent 'ihis as�gnmeat of Rents constita�s an absolute�sigamea►t�d not aa . _ _
<br /> . � as�gnrneatfaraddidonalsecurityanly. - .. --.
<br /> if I.euder gives notice of breach t�Bamawe�:(�all Reats re�eived by Borrower sdall be hetd by Boirawer as �. ---
<br /> �^ ea
<br /> `°,`:� uastee for Ute benefit of I.endar oNy,to ise applied to the suws sec�ued by the Secuary Ia�uame�(�I.ender ssf��aU _, .
<br /> ' • be entaIed w coltect and receive all of the RenB of the Prope�ty:(m�Bo�row�agees that each t�aat af the — -
<br />-. . - property s6a11 pay ail Reau dae and anpaid bu Le,ndea or Lendes's ageat�apan L,euder's a�ten dcmand w the —
<br /> tenanC Crv)apless ePDticable Iaw provides otheiwise.all RenB coltected by Leader or Lendds age�ts shalt be ,
<br /> . _: ' applied fnst to the costs of talmng conual of and mana�nB the�Y and wIIecdag the Ra►ts.mctudmg.bnt not , �.,��
<br /> ' � � lmntted to,attom�ys'fees,rereiva's fees.Prenda�on rereiva's 6ondg.�aad maimteuancc costs,insurance •v.:�.—,- ���.
<br /> . �s,taxes. asses�aeats and other cdarSes on the P�oPe�tY,aad theu w the s�tms seaued by the Seca�ity . ��'
<br />" . . � � lnsuume�fi(v)I.�der,Leades's agents or aay judiaaltY appo�nted receiver si�all be liable to account fmr anly those -��`;�
<br /> � - R�ts acwa]IY received:and(vr�Lender shall be entitted to bave a receiver appointed m take posses9nn of and , ` �`
<br /> withmrt any showing as m the ; '`.�`°
<br /> . . manage 1�e Propeny and ouUect the R�and pmfits deiived&om�e Propeity '. � ;�::
<br /> iaadeqaacyr of the Pmpeaty as sec�ity• . �`
<br /> .. If the Rents of the Propaty are not sufficieat w cover the cosis of tal�g cantrol of and managing the .�� ;�` ����;
<br /> � . Propeaty and of calle�ng the Keats aay fuads cxpended bl►Lend�for sucL p�aposes shalt beonme indebteMess of , �.�.�.,`.,.,.:-'.-�`=---_.
<br />'•- � Barmwer t�E.endear secured by the Security Instmm�t p�saant to Uniform Cov�aut 7. _- -
<br /> -- . :` Barrowea re�tesents and watrants that Barrowu has not axecated eay prior azsignment of the R�ts and has . . �—:
<br /> - . ,, not and w71 not perfoim any act that wuuld prevent Lendea from exea�isi�g its righu imder tbis pata�apb. .-.. �_,;.
<br /> ' � Lendea,or Lender's a gents ar a judicially agp ' s6aII not be reqm�ed w ent,ea upon,take cautml , `':,�,�.�` —
<br /> omted receivea, � ---,�=,-
<br /> � . of or main t a i n t h e P r opeaty b e fore o r a ft r a g i v i n S n o d c e o f d e f a u l t w B o m uwed However.I.endea,ar I.endcr's . .:•��=�_
<br /> � . � .. ' ; agents Or a judicially aPP�ted receiver.may do so at any time when a default accurs.AnY$DP��n of Rertm ° .:. .�....x
<br /> . - shall not c�e ar waive any default or invardate any othea right or remedy of l.cmder.7bLs��af Rents af _. -- -�;;=:�_
<br /> the pnnperty shali te�m�ate when all the svms seanred by the Securin►Ins�uumea�t are paid in full. , � :�.r-�-
<br /> . L CROSS.IDEFAUI.7'1�tOVISION. Borrower's defavlt or breach under mry not� or agreement in `.�:'�:
<br /> . wl�icd Lea�dea has an inte�est ahell be a bsearh ander the Seaaity Inst�ument�d Lendea may invoke any of the � •�,-:
<br /> , . . :.:.:� Lea . � - =— -
<br /> remedies yeamitt,edby the Sec�ity Insonuneat ; ,�-�`i,�`�.
<br /> BY SIGNII�IG BELOW.Borrow�accepts and agrees to the tcams and pmvisions wntained in this 1-4 Pam�y •< �,
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<br /> • � TIN R SCARBOROUCiH .gomower TANIl�lY R SCARSOROII(iH -Borrower . .
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<br /> �,�y •Borroaer -Borrawet
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