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<br />- .. ---� (i.A55[CMl4�i�N'f 06 LFASBS. 1J�n L�endt�'s ccquest,Hoaower st�all auign to L,end�all leades of the .. . .,
<br />- �----=_ - - prageny and�II sscurity dcposits made in ronnectian wtth Icases o[the prapestyr.Upon the a�i�t,Lead� - - =- --_ —
<br /> . � ' shall have�hc right to madify.oxtcnd or temrinatc the eaisdng leases and m execute new leases,ia LeaWe�'g sole : r--R;=-
<br /> • disctttlnn.As usal in thf�paattgtaph G.the word"iqse"shall atean"sublease"if ihe Sewsity Insin�ment is on a ,
<br /> � � � tcageBold. . .�:'` . y.�:
<br /> - � ' H. A4SI[iNMENT O� R1F.Nf5i �'�1NTMENT OF �tECEiVERi LENDER IN Pm.SSESSION. � ;°,:;�� r�.
<br /> . . _ �, Borrower ebsaTutety and unrnadidanaUy assigns enQ�sf�s tn i.ender all the rents an�revenues("Reats'�of the " "�._:., :; :.� --
<br /> ' . , p►roperty�regnrdlcss af to whom thc Rcnts of the�are paYable.Bomswes authorizes LEnder or Lender's ' ..<„_::'�=
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<br />- . ' �gentv�wltect!he Rcnts.and egco�w that easD tenaz�t of the Fco�ty sdall FaY the Rents to L�ender or Leacder's . -- = _
<br /> � . ; agcntv.Nowevet�Bs�nowcr shalt�cccive ihe Rents uatil f)Lender t�given BoAOwer notice of defautt pursvant Oo , _
<br /> . patagraph 21 a�thc 5ccutity Inswment end(ii)l�cadea hsis give.n aotice to the tenant(s)d�at the Rents are w 6e , _ _
<br /> � � '_ paW w I.cndcr or l.cndet's agcn�. 'If�ls essigament of Rents consdmtES an absoI�rte assigam�c aud not an , -
<br /> , < asstgnmcnt for addItional n�curiry onty. _
<br /> .� di t.ender giv�s nntice of breush to Bmrowcr.(i)aU Rents cecxived�y Bosmwer st�all be hetd by Baimwer as ____
<br /> . � wstoe far the bcn�t ot Lcn4ed only.W be�lied w the sum9 secured by the Security W�x(�Laider sbaU . '�.���--
<br />- � � be enqtLcA ro coUect and recelve all of tlu+Rents of the Property:(iu)Horrawer agrees that each tenant of the . ... ,.-�
<br /> _._�_ . . , pmpe�tyr shalt pay aU Rcnts due and unpaid w l.ender or i�ender's agentv upon L�eadra's wriuen dcinand to ths , _ .,-- —
<br /> . .,, , ten�n� (iv) unicss appHcable law provldes othawise. all Rents caUect�d by Letider or Leader's agatts shalt be ,
<br /> �� aDA�f���►e cost�of t�lcing cantrol af and manag,ing the Pro�ty and couecdng t�e R�ts.mcluding,b�not �. ' �
<br /> �",.�_-
<br /> � � � Wnited w.�twm�Ys' [a�.rcxeiver's foes.Pre+niums on coceiver's bonds.repair and maiatea�aace cost�.insura�ue . �:..��_�-°-
<br /> I.,". , ym.+��„ a. taacs.sisses�sments and att�er chargcs an the PmpenY.aad tt�ta the sums secured by the Seauiry '-
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<br />_ - " � tnstrumen�(v)Lender.Lender'g agenc�ar any judisialty aypainted recciver shaD be liaDte co accoimt f�oNy drose _ .... _
<br /> ';. � Rent�actualtY received:and tvi)Lender shaU be entitted w havic e receiver aPPo�ut aay s�howin�g as to the � = ---
<br /> . manage t�e QropectY�nd coltoc�ihe R�ts smd profits derived from the PropeatY __- --
<br /> �, . . inadequaey of the Propaty as scciuity. � -
<br /> .; . � . ' � If the Rents of�he Propaty are not s�efficicnt w wver the casts of t�Icing conuol of and managln$the ---
<br /> ' FmpenY artd of colIectiog ttie Rents any funds ezpended by l.ender for such purposes sha11 become indebtedness of .;�; ..:R.�-
<br /> � Borrower oo Lendcr sccured by�he Sccurity Ir�uumca�:pucsuant to Uniform Coveaant T. . .�
<br /> ' . Brnmwec reprtxcnu+and warrants that Horra�vcr has not executeA�AnY prfar a�nent of the Rents and has ;,�T;°� . ._.
<br /> . .:., _• .;.:.-
<br />- � � not aad will na1 perform any act that would prcvcnt LcnQet from ca�acising tts righm under tuis paragraph. .,.,;�,_ .. --
<br /> . i.ender,or[.ender's ogents or o judfcially appointed receiver.shaU not be required to�►ter u�on,take coatrol .=.._.�
<br /> ' ` � at or maintain the Propc�ty bcfore at aftcr giving n�oticc of default w Borrower. However,Lendea,ur Lender's , �"�'-'
<br /> ;� . .. �, agents or a judiciallY apPointed receivcr.muy do so at any time whcn a default accurs.My appl�cation of Rems . ' -'.����
<br /> ' � •,� sdall not aue ar waive any default or invalidate nny othcr right or remody of I.eader.'lt�is assignment of Rea►ts of `;���_��
<br /> . , �} ihe prope�ty shail tcrminate whcn all Ihe sums sccurcA by t�e Sccurity Tnsuumea:are patd in fuU. , s'=`
<br /> ' D.CROSS•DEFAUI.T PROViSIAN. Bortower's dcfaatt or breacb under enY note or agreecnent in ' :-�_
<br /> � "�:�; which Lendec ha9 an intcrest shsill bc o brcach undcr the Sccarity Inswment an d L e n dea m ay i n v o k e a n y o f t h e � �
<br />,..�' .` . '`� cem ued by Ihe SecutIty[ns�ument � --
<br /> = Y SICi 86LOW.Borrower ts an0 agrces to�tc tams an0 provisions contained in this 1-4 Famity . —
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<br /> . • Ii00 R •Oortowcr •Bortowes '. . .
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<br /> . � . CHA6il�ENE A NQOKER •eortower ' •` •
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<br /> . . � � �•S719304l.Of Wap�?o�? Form81708193 •
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