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<br /> . . ' . -( � G.ASSIGNMENT O�LEASES. Upoa l.ended's requcst,Bomnwer shall assign to L,eader ag l�:�ses of the . .
<br /> PropeRy aad all securit�r deposits made in oonnearon with leases of the Prope�y.(Spon the as�msn�Imdea
<br /> - " � shall dave the right w modi�y,eatead or terminate the existing leases and tn execu�new leases,in Lendds sote .- .�. ` .x,�
<br /> - -.==i-s=x''-; diss�arnn As used in this h G,the word"lease"shall mean"snb2easeue"if the S - -- �-'--""'�y
<br /> . ,. }. � leasettoId. p�� 2 eaaity Inst��t is oa a � .
<br /> � � H. A S S I G N M E P t T O F R E I�T S; A P P O I N T N�N T O F R E C L�I V E R; L E N D E E i II V P O S S E S S I O N. �.' � �'..,.;',�.��_' .
<br /> , Bo:mwer absolutely aad uaoonditionaliy assigas and aansfers m L,e�der all the reats and reveanes("Reuts")of the � _
<br /> ` , . PiaA�Y•�8�ess of to v,horn the Rent�of the Pc+aperty are payable.Bormwea A�,tti�,.���I�dra or Lendea's � .. � --- .
<br /> • , agea�ts tn wl2cct the Rents,and agrees that each tenani of the P�opeity s6all pay the R�t�tn I.euder or I.endr�s • � . . .
<br /> � ageata.However,Borrower shaII receave the Reats�t�7(�Lende,r has giver�Bomower nodce of defaaltpnrsaant tn �
<br /> � ' paragsaph 21 of i6e Secariry instrument and(a)Lender has given notice w the tenant(s)that the Rents are to be - �,-- -_-
<br /> " .` ' paid m Le�nder ar Lemder*s agent 'il�is assignmeat of Rents oonstimtes an absoluGe as�ignme�►t and not an °� _.
<br /> � assignment fur additioaal senuuy oaly. - . ,m�_-��
<br /> , If I.e�Ier gives uotice of b�ach w Baaower.(i)all Reuts received by Barmwer shaIl be hetd by Barmwei as .. _,. '.:=_
<br /> � � t�us�e fot�he benefit of L�dei only,tn 6e applied w the sums secured by the S�oriry Instrmneu�fn7 Le�tder sball '�`'�, -
<br /> ' be e,ntitied tn coIIe�t aad receive aIl of the Rents of the FmpertSr;('�u�Boaowea agnees tAat eacb tc,�ant of tl�e .:,��:`.`°�__'�`
<br /> ' . ° Aopeat�r shall pay all Re�ts dae and aapaid to I.ender ar i.eadds agents ugon Lendec's wruten demand w the :`.�`-`:;
<br /> � • te�an� fiv)un2ess appllc�ble taw provides othe,rwise.ati Rents wllected by Lend�or tx.nde�'s agent�shai!be - �'=�- �'�'E
<br /> , " . applied fust to the oosts of taidng wntrol of and managiag thee Property and wIlec�ng the Rents,iuctuding,but not - �- '��� �:=� �
<br /> .� . limiffid w,aitnmeys'fees,reoeiver's fecs,premiums on receiver's boads,repair and maintenance costs,mstuance , '� �:�_-
<br />_� . pm,miums.taxes.assessonents aud othed cLarges on the P�oFerlY,and then to the sums secmred by the Saauity ' T':�=-:=
<br /> . ��•' Instrume,nx(v)Lcndet,Leader's ents os an diciall , .�-� `•`::,�="
<br /> .: .. _ . ,�,..; � Y N Y aPPomted receiver shaU be liab2e to accouni for only those . �_ .,:;�c:_
<br /> - , - . Rews acpiaUy receivcd;and(vi'� Lender shall be entided w kave a receivea appointed w take possession of aad - ... ': °r.:;=
<br /> manage the Pmperty and collect the Rentg aad ptofits derived fram the Frop�ty w�hout any showing as w the .,°.}���:':
<br /> � ` , madequacy of the Ptoperty as secauity. � .����.
<br /> ' , if the Renis of d�e Property are not suffcieut w wver the costs of taldng control of aad managiag the , � �•+r---�
<br /> � Yropeaty and of coi�eaing the Rea�ts any fiznds e�ended by I.eadea for suc6 purposes sl�aall become indebtedaess of �`?�
<br /> . < Bmmwea tn Lendca sec�u+ed by the Sectuin►Insomment pursoant tn Un�'om�Co�enant 7. `'��"'"'
<br /> ' � ' Bormwer represents and watra�►ts thaat Borrower has not execated any grior assipimeat of the Rea:ts and has �,• ,;� �,.:
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<br /> ' �� not and wUl not p�rform any act that would prevent Lender from exe�cising its rights nnder this pa�a�aph. .�''�.�;
<br /> .u,�..
<br /> ;., Ledtdea,or Lendes's agEnts or a judicially appomted receiver,shall noi be reqnired W entea apon,mke wn�ol . , ''��:�i'-!�� '
<br /> •��''`-�-
<br /> - � ° .. - .. - of or ma�qin the Propeny before or aft�a giving notice of d�an2t m BQrrower. Howeve�r,Lertdet,or l.end�'s . , ���_:
<br /> , . � agents or a jadicialIy appointed receiver,may do so ai any ame when a defadt occurs.My apptication of Renm , �;��,�-__
<br /> Y Y B Y gnm�i Of Rents Of . , `".-
<br />.. • ' . shaU noi care or waive an defauIt or mvadidaie an othea ri ht or remed of Lendea.Tl�is assi - ,,;.-
<br /> • the A+upe�ty shaU taminate when all the sums seaued by the Security Insuument are paid in fWL ` .;:�'":'°.
<br /> :5� I.CROSS-DEFAULT PROVISYOI�i. Bormwer's defautt or 6reacd andea any note ar a�ent bo �''.'�-m
<br /> ��' "�
<br /> . - ahich Lendea has an inierest shail be a breach under the Securiry Insaument and Lendea may invoke any of the ."`.�'�'�..-_�-�-_
<br /> � remedies peanitted by the Security Inslrument . _
<br /> �. __ .
<br /> � :. .; BY SIGNING BELOW.Barrower accepts and agrees to the tenns and provisions conta9ned in d�ls 1-4 Famiiy �: ' . ;. =,,;_..�
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