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<br /> � a.ASSIGN1ViENT Or LFASE5. U��on Lcndcr's rcryuest,Borrowcr shall assign to Lcndcr ell lcases of the -
<br /> �'^` Property and all security dcposits madc in conncction with lc�scs of!he Pc+nperty.Upon thc assignment,Lendcr
<br /> �•' shell hava thc right to modlfy,extcnd or terminete the exisdng lease.9 and ro execute new lcases,in Lcnder's sole
<br /> discredon.As used in this paregraph O,the word"lease" shall mean"sublease" if the Secutlry Instrument is on a
<br /> leasehold.
<br /> H. ASSIGNMENT OF RENTSi APPaIN�fMENT OF RECEIVER; �.ENDER IN POSSESSION.
<br /> Horrower absolutely end unconditionelly asslgns end trensfers w I.ender all the rents and rovenues("Rents")of the
<br /> ; Property, regardless af to whom ihe Rents of thc Properry are payable. Borrower authorizes Lender or Lender's
<br /> �gents to collect the Rents,suid agrces that eacri tenant of the Property sha(1 pay the Rents w Lender or Lender's
<br /> „ ag�nts.Howcver,Borrower shell receive the Renis untll(i)Lcnder has given Borrowcr noticc of dcfaWt pursuant to
<br /> � paragraph 21 of the Se�uriry Instrument and(ii)I.ender has given noHce to �he tenant(s) that the Rents are t� be '
<br /> paid to Lendcr or I.cnder's agenG This assignment of Rents consdtutes an absolute �ssfgnment and not an
<br /> � assignment far addidonal accudry only.
<br /> • If Lender gives notice of bresch to Borrowet:(i)all Rents received by Sotrower shall ba held by Borrower as „
<br /> trustee for thc bene�"it of Lender only,to be applied so the sums sacured by the Sec�arity Instrument;(ii)Lender shall
<br /> - � be endtled w col'.act and receive all of the Rents of the Property; (ili) Boxrower agrees that each tenant of the ,
<br /> Property shall pay all Rents due and unpaid to Lender or Lender's agents upon I.ender's written demand to thc =
<br /> � tenant; (iv) unless applicable law provldes otherwise,all Rents collected by Lender or Lender's agents shell be "
<br /> � applled first to the costs of taking control of and mansging the Property and collecti�g shc Itents.including,but not —
<br /> llmited to,attnrneys' fees,receiver's fees.premlums on receiver's bonds,repalr and maintenance wsts,insurancc
<br /> � premiums, taxes,assessments and other charges on the Propercy, and t2�en to the sums secumd by the Security
<br /> � Instnunent;(v)Lender,Lender's agents or any judlcially appointed receiver shall be llable to accaunt for only those -
<br /> ' � " Rents acwally received; and (vi) Lender shall be endded to have a receiver appointed to taice possession of and
<br /> t manage the Property end collect the Rents tuid profits dedved from the Property without any showing as w the
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<br /> {�_I inadequacy of the Property as securiry. p�.
<br /> ' If the Rents of the Pro p e rt y are not suffldent to cover the costs of takin g conaol of and man a g i n g the E`
<br />- �5 Property and of collecBng the Rents any funds eapended by Lender for such purposes shall become indebteslness of �-
<br /> ' ' -�. Bon+ower W Lcnder secured by the Securlty Insuum�nt p�usuant to Uniform Covenant 7. =-
<br /> Borrower rcpressrtts end warrants that Borrower has not cxecutcd any prlor assignment of the Rent�and has ��
<br /> - not end will not perform any act that would preveat I.ender from eaeccising its dghts under this paragraph. _
<br /> Lender,or Lenda's agents or a judlcially appointed receiver,shall not be requimd w enter upon,take control
<br />- - of or maintain the Property before or after giving nodcc of defaWt to Borrower. However,Lender.or Lender's
<br /> �� agerits or a judicially appolnted receiver,may do so at eny time when a default occurs.Any applicadon of Rents =
<br /> 7_., . shall not c►ue or waive any�efault or invalidate ony other dght or remedy of Lcnder.'Ihis assignment of Rcnts of -
<br />-"'° "�`"`" tho Property shall terminate wheai all the sums secured by the Securiry Instrumene ore patd in full.
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<br />-` ��• =� ,.�. I.CROSS•DEFAULT PROVISION. Borrower's default or breach under any note or agrcement in F'
<br />-. • • � which Lendcr has an interest shNl be a breach urder thc Security Instrument end Lender rney invoke any of the �'
<br />- • " , , remedies pe�mitted by the Securiry Instrument.
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<br /> __,-.._ _ BY SIGNWG BELOW; Sorrower eccepts and agrees co the tern►s and pmvisions contained in this 1-4 Family E;; _
<br /> _ -.--. - Rider.
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<br />__4:��`°°`: (Seal) Seal)
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<br /> F A HEIN -Bomower TANSARA D HEIN -Bormwar = —
<br />-• ' •> • • (SCeI) _ (Seal) .
<br />- , -Borrower -aortower =_
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<br /> • �-b7 cosoa�.oi P+o•s of s Form 9170 3/�9 ` '
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