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<br /> -� , �_Y�.s,,:: G.A�SSIGN1�iT OR LEAS�S. Upon Lender's request,Bosowea s6all assign tn Lender all teas�es of the :. ,.
<br /> - prope�rty and all s�auit7►deposits made in counedion witL leases of the Propeaty.Upoa the a�.agnment.I�nde� ' _
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<br /> s6aU havc tliee aght LQ modifY.eactend or te�rminat8 the exis�g teases and w execut�new teases,i�b.eadea's sote ,.� -
<br /> � . ' .. . , discredan.As used in this paragraph G,the word"lease"shall mean"sublease"if the 5ecursy Insdrumrnt is an a : ---
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<br /> � H. ASSYGNNdENP OF RENTS. piPPOIt�i'TNIEI�PP OF itECEtVL�64 �NDER IN POSSFSSION. . �� " ,,,
<br /> . � Baimwer absot�eIy aad�mc�onditionalh►assig�s a��feas L�Leada aii the reacs and zev�u�s t"Renis'�of the , -. �
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<br /> , . pmperty,n�rdiess of to whom the Reats of the PrapeatY are PaYable.Borrower suihomxs I�ended or Leuda's ,'. .��:... . ,�,....
<br /> ' �,. a,g e�ts w coltect the Rents.aad agcees tf�at c�ch tmant of the Yropesty shaD pay the Renss w l;e�der or Lender's . . _-
<br /> � . �. - ageuts.Rowevar,Boaowea shall receive the Ream ant�(�l�dea has�+B�rnwer norice of defauit ptusa�t w �_��:�;�;..
<br /> � . ,��,.� ��►21 of ths Securityr Instrament and Cn�Leadea has give,n notice to the te�ant(s)that the ReAts are to be —.
<br /> � . . paid tn L�der � Lenda's ageat T6is assigament of Reats consptutes an absoluts assignment and aot aa _ ,
<br />_ . . . as�amea�t for additional security►ontY- w sball be he�d 6y Borcawa as ��.F .`:�-
<br /> - ` ` � If Lendea gives notice of breach to Bormwer.()aIl Rents m�eaved by Baao er , .�. .
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<br />(Yt:�• � �; , t�vst�e far the benef�af I�ender only.to be applied w the snms seciued by the Seauit�+Insuumen�fn�Leader shall _ �'s..
<br />- - be entiited to coltect and r�eccive all of the Rents of ihe Prapaty;Cm)Borcowa agees that eacb tenant of the .�., .
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<br /> •. '`. pragetly s1�pay all Reats dae and unpaid tQ L�der or l�der's agents upon Leadea's written demaad�the .., r _. `-�
<br /> . -- - t�anr�(-iv��u�tes4 applicab2e taw pmvides othetwise.aIl Rents coIIected bY I.�dea ar I�de�r's agents shall be == _
<br /> applied fnst w the costg af taking control of and managing the PmpertY and coAe�ting the It�.ineLudII►g,but not _ '�''�G_
<br /> ' � timited tn,aitomeys'fees.recdver's fees,Premiums on receivea's bonds.repa'u and mau►tenaace costs.�ce
<br /> pmmiums,ta�ces,assessmemts and othea charges on the PropestY,and then to the sams secared by the SeauitY ; � �:6`�Z w`
<br /> :`,..� .:_- :...•_ Insuume�(�+)I.c�dea,LEnder's ageats ar aaY ludiciaitY appointed receiver shari be liable to accomu for only thoss _ ",_�.
<br /> ' '" '` ' Rents a�tuaIIY re�eived;and(vi7 Lendea sl�aU be en6lted to have a m�v�aPPoiAted tn tatce possessian of aud . . ��"`
<br /> .' � maoage the Pmp�ty and co}tect the Rents and pmfi�derived from the Pmpetty withaut any shoamg as to the ' ' : t::,;==�
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<br /> � � �W�Y of ttte Ptoperty a4 s�ritY• ,�:-
<br /> � � �'.� If tho Rents of the Propeaty are aot s�cieut to cover the costs of takmg contcol of and managin8 the 1�-
<br /> --� . . propetty and of coIlecting the Rents any fimds e�cpended by Lendca for such p�uposes shat!become indebtedness of �' --
<br /> . • ; Borrowe�w Le,nder secttced by the Sepait3+Instrument pucsuant to Unifomn Cove,nant 7. :, �� ;..-;�`
<br /> Bormwa repteseuts and wariants that Boirower t�as not executed any prior a4st8nmeat of die Reats and has -,;�
<br /> � . • . notand w71 notperfform any actthat would pievent Lender from excscising its rights under this parag�aph. � ., � - �,�:
<br /> ` P ointed received,shall not be reqnued w eat�upon,take control �' ,� ..�.,��
<br /> ,';.=�:--.� .- . I.eader,or I.ender's agents or a judiciallY aPP ' �:_:._
<br /> � . of or maintain the Prapeny befose or afte�giving noti�e of defautt w Bosrower.Howevea,Lender,ar Lender's ';'_;.�(-_
<br /> , • agents or a judicially aPPomted receivea.znay do so at any time when a default accuts.My application of Reaits �.: ,._•.��
<br /> � shaU noi caue or waive any defaWt or invalidate any othea righe or reaaedy of Lender.'l�is assignment of Reats of ' ' r�^�'
<br /> � � tbe Propaty shall traminate when all the siuns secared by the Sea�rity InsUrament are paid in full. � � .��_
<br /> � I.CROSS-DEFAULT PROVISION. Hoaow�'s default or breach aader anY note or a�eeaaent in •� � __
<br /> ,'`,. which Lender has an interest sball be a breach und�the Security Instrumeni and LenQea may invoice any of the : :� ; --f
<br /> r��=:.�'� � - remeQies pennitted by the Se�urity Instmment .
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<br /> - BY SIGNII�ICi BELAW.Bosowa accept�and agtees W tha terms and provisions contamed ia thig I-4 Fam1y . • �
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