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<br /> ��'.-�•� G.ASSIGRINIENT QF LEASES. U on Lratdea's � ,:t :`
<br /> ° _T.���. P �1�,Bonowea shalf assgn to Lead�all leases of the � .
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<br /> - -T-- -- �P�Y and all s�airy deposits made m conn�ctiQn v�iih leases of the Pco�esty. Upon the assignment,L�der - a -
<br /> shal!han+e the rigGt m modify,entend ar trim�are the eustit�g leascs and to execute near Ieases,in Leader's sole ���
<br /> � di�aetifln.As eLSed'm thL4 par�tgcaph O,the word"lease"shaII m�n"sahlease"if the Secvcity rn Pr�is on a . � .. �s_°.�,',.
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<br />_.- H. ASSIGNNIDVT OR RENTS: APPOII117'MENT OF RECEIVER3 LENDER IPI POSSESSIOIV. `=�'F
<br /> ° � . . . Bo�mwer absoluteiy and uaoonditionaIIy assigns and traasfers to I.ender ail the reats and reve,nues("Remts"}of the . • •
<br /> : . ��� Pr+opeity.regard2ess of w w6am the Rents of the Pcopeaty are payabLP.Bmzower�Lender or Lender's _ .
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<br /> _ � ageuta o�wllect the R�ts.and agrees fhat each teaani of the Avpe�ty sl�aD pay the Reat4 tn Lender ar Leadei's � :�.. =r,;�
<br />- • , , agen�.Howevea.Bamuwea shall reccave the Reats unHl(�Leader das givw Bo�rower notice of defanit puisoani ro ': .` —___-
<br /> F. paragraph 21 of tlsee Seo�ity Instrmaent and(n�l�ender has given notice oo the tenant(s)tuat the Reats are m be - °-°�
<br /> . `�f pa'r.d w Lcader or Lender's ageat 'IUis a�ignment of Rents can�titutes an absolute assignme.at aad noi an �, .�• �--"`.-°
<br /> �` ` assignmc�c for aaditional secaaicy only. � ... --
<br /> • ` r' 1f Leaidea givc�nodce of 6reach ro Bormwea:{�all Rea�ts�cei+red by Bormwer shall be hcld by BaErrowea a4 -.�
<br /> - uustee for the benefit of Lender onty,w be appli�ed w the smns sewrreA by the Sec�ily Instrumen�('n7 Lender sl�all � ----
<br /> . - . _. . be entiited Lo callerx and receive all of the Rea�ts of the Propetry;('m�Bmrrowar agrees that each trnant of the --
<br />�- �� ','. . ; Rvpeaty shall pay aU Rents due and rmpai+d tn Leadea or Lender's agenB upon Leadea's wra�en d�ad to the � ,,�
<br /> ��'�_' tenan� Cn►) �2esa applicable Iaw provides othe:wise,all Rents caltected by I.ender or Lenctsr's a�t4 sdall be • :,.�.�,-�
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<br /> � . � � applied fnst to the costs of taYing conuol of and maaagrag dte Prapaty and collect�g the Reats.inctuding,but not , �.•
<br /> ��'� � .. _ limited to,auomeys'fees,receive�'s fees,premiums on receiver's bonds.repair and mamtcnance casts.instuaace . • - 2�"'-��
<br /> . . . � p�mi�ns,taxes.esses�nents and othe�charges on t6e Property, and thea to the sums secared by the Se�uity =x° ':.x�`�;.�'
<br /> _ ' Ias�umea►t;(v)Leader,I.ender's agents or any,�dicially appointed receives sball be Irable to a�rnm�t for oniy those . ��.�.=`
<br />- • Reats acwalIy received:and(vi�Leadea s6all be ea6tte�1 m 6ave a receiver appoinrEd to take pocs�ssion of aad . • �=�_�-�
<br /> - , , aianage the Pmp�ty�d coltect the Rents and pmfirs deaived from the Progeity withoue anyr showmg as to the .. . ..:�"��
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<br />_ inadeqaacy of the Pmperty as sectuiry. ,- �:•°�-__
<br /> . . If the Rents of the Pmpearty are not sufhcient to covea the costs of taldng conuol of and managimg the .. �:.�,.. `:':�- -
<br /> - ' . �� �P�Y and of callecting the Rents any fimds eapeuded by Lender for sncb purposes shall become uidebtedness of . ;.�:�;=�.-
<br /> , Bonower to Lender seanocd by We Secauity Inswm�t parsaant tn U�foim Covenazrt T. "''�`°"`'—
<br /> 2 . Ba�n+awea re�rrescnts�d warr�ts fhat Boirowea 6as not executed any prior assi�nmeait of tLe Re,nts and has � '�-�--
<br /> - - - - aot and anU not peaform eny act Wai woWd prevent Lender from execci�ing its righia imder this paragraph. ` =-
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