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<br /> ..-<<t .� G ASSIGPiN�I'P OF LTsASfiS. iJpon L�nder's teqnest,Boaower sl�aIl aqsigo 1u LEnder all 1�of fhe � .��'�. .
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<br /> ` . . Pcopaty and all se�auiiY dePusits tr�de in connection with 1�of the Propeaty.Upon the assignment,L,euder ,�. , s•,.
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<br /> `�`�.� �haD 6ave the right tn modify,eactend or te�the existing trases and to ex�new lesses,in L�der's sole � , �:�`�_.
<br />_ � � discretina As used'm tttis patag�raph G,the word"�.se° s6at1 mean"snbtease"if die Security Tns�umens is on a .. ��. �;� �.:
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<br />'._��_�. � � -` H. ASSIGPIN�1lT OF �ENTS; APFOINTNIENT OF HECEi'VEg, LENDEI� AOT F�.40N. -.- -
<br /> - _ ..._.:_.�'L.. _
<br /> �`,'�:�: . . Bosmwed absoiutiely and ancoaditianally assigas and aansfeas to Lender atl the rents and tevenues("Reats'�of the
<br /> � ` Praperty,regazdless of w whom the Rents of she Praperty are paya6le.Boaowea anthorizes Ieudc�or I�'s `�� •; '
<br /> . ":.> ;. agents o�wllect the Rea►s,and agcees t6at�L t�ant of the Pmpe�ty shail pay tlie Rents m I�dea mr I.�der's `. ��%,. `';;�';,'�•
<br /> ' agents.However,Basower s8all�eceive the Rents t�ntil(7 Lenda 6as givea Boaowea nntice of defaait passuant to .'. _
<br /> �; � pa�ag�aph 21 of the Searriry Instram�t and(n7 Lender has given notice to the te�ant(s)ttiat tHe Rents a:e tn be f:. _=
<br /> :� : , . . , � :t�-
<br /> paid tn Lendea or Leatder's ageat 7his assigame.nt of Re,nts consatutes an absol�e assignmens and not aa _ -
<br />�,. � ; assgnme�ntforadditianalsecauicy�Y. .� � -.
<br />.t`. If Lender gives notice of brea�to Bmmwer.(�all R�ts received by Harmwer sLall be held by Burmwer as �.�;.;.°,.,` �,;_
<br /> - au.4t�ee f�the 6e,nefrt of I.�d�only.tn be ap�lied to the sams seaued by tlee Sea�ity Ins�Cn�Le�dez sball :
<br /> � � be en6dled ro colte�t and�eceive aI!of the Reats of the FmPest}':(��Ba:mwer agre�s tbat each tena�►t of the _;._
<br /> --" - ,�.-�'��, �Y�FaY all RCnffi dnC�IIApatd tD LeIldPd oY I,Cadar'B 8genLS UpOn I.�ddS wr�u dernand t0 thC : _' " °=_-
<br /> . � � .1
<br /> ' ; � teaang('cv)uales�appiicable Iaw pmvides othera►ise,all Rentg coll�ted by I.endra or I�dea's agents shall be �.. ,
<br /> �� ._ �. - � applied f�st to ttie costg of taking conuol of end�uanagiag the Propeaty and coIles�ng the Reafs,inctadmg,bat noi ,.� .-�,�
<br /> � limited w,am�meys'fees,receiver's fees.pse,mimns on receiver's 6oads.repanr and maint�ance costs,insurance . �`.,"- ",
<br /> .. �, premiumg,taxes,assessrnents and other charges on the Propeaty.and thea w the st�s secimed by the Security .. `�. � �-
<br /> -'= `�-�;
<br /> - - Iastmmea�(v)Lendea,I.endea's agents or anY N�Y�inLed receiver shall be liable to accodnt for only thase �
<br /> ' Reats acwally received;and(v�?L�d�shaU be eatitled w Uave a reoeivea appomted w ta&e pos�on of and � . T__'°`°"
<br /> , � manage the P�apeity and ooliect the Reats and pmfits deaived from the Pr+aperty withont any shoarmg as tn ttte � : : ;,,:_-�.,
<br /> inadequacy of the Progeriy as secarity. •�4`'�_ • F
<br /> ' . �: � '�j' .. ,
<br /> � . _ If the R�ts of t�ae Property ffie not saf�ic��t to wvea the costs of ta�ng con�ol of and mana�ng tke .,„;�:.�.�. .`;'
<br /> ' ' . Frogeaty and of collectmg the Reats any fnnds expended by Lender for such p�uposes s6aL ts�oma indebtedaess of ';>;`:i�". '�---
<br /> : � ,.. •.,, �.
<br /> . . . � , Bomower to Lemder secured by tde Seaulty Inswment pursuant to Uniform Covenant 7. ��' .`„""�'
<br /> '� ' ' . " Bomowea�esents and waaants d�at Bormwer has not executed ar►y prior assiganaent of the Rc�ts aad Lag -
<br /> �_ . •�:�.-•�. � -
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<br /> , , .. not and an'D not peaform any acx thatwou2d prevent Leude,r fmm exea�isiag its rights undear ttiis pffiagraph. t;. `----
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<br /> '_ - . L�ender,or I,eader's agents or a judicialty appointed ieceiver,sdaU aot be required w eatearr vpan.tske control . --
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<br /> � ' � of or mantmin the Property before or afu�giving notice of defauIt to Borrower.However,Lende�,or Lender's ��__
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<br /> � agents or a judicialIy appomted receiver,may Qo so at any dme whe,n a default occros.Any apptzcadon of Renis .. . �:•:fiE?'`:.
<br /> sF.all not cure or waive any defanit or invatidate any other right or ranedy of LeaMer.'lhis assignment of Ream of .�' � --
<br /> ... . ' �� the PropeRy shall tertrdnate whea all the sums secured by the Secndty Instrument are paid in fiill. �_
<br /> •�: �., ' �' I.CROSS-DEFAULT PROVISION. Borrower's default or breach iutder any note or agreernent in , :----
<br /> : whicb Lender has an�terest shall be a breach uader the Seauity Insmiment and Lender may invoke any of the . '�'�
<br />.' � - remedies permived 1sy the Seciaity East�saacx�t. - . - _
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<br /> • . � BY SI(iNIN6 BELAW,Borc��cr aoce.pts and agrees w the tams and provisions conmhied in this 1�Fami[y = =
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<br /> ," . .. . .. B1tADI.EY L I.EY -Horrowu �DI L PEGLSY •Bomnwer � .- . .
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<br /> ' � . �•57 �o3oa�.o+ vaoe z o+� Form 8970 8198 . ,
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