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<br /> �' ` f;�-f;;: G.ASSIGi1VM�NT OF LEASFS. Upon Lender's aeqnest,Bmrower sha11 assign w I.endcr all Ieases of the .�-� ' -
<br /> . - --� `.� R'crpcatY and all security deposcs made ia oonneclion wirh leases of the Pcopeaty.Upon the a�gnmen�i.eader �`6 - -
<br /> -� r shall have the right w�odify.extend or taminate the eaisdng teases and to eacecute aew leases,in Leader's sole •
<br />�. - . .. dissreti�u.As used in dus patag�aph G,We ward"Iease"shari mean "sublease"if the Security Instrum�t is on a _.
<br />_ . :,� leasehold. .
<br /> �-�_ <,, ` H. A5SIGNMENT OF RF.Pi'i'S; APPOIN7'N�iT OF RECidIVER, LENDER �I PO.SSESSION. ".'��` ';`-a;�,
<br />`:5 _ ' . • Borrowea absol�ttely and tmconditionally assigns and�sfeas tn Lender all the rents and reveuues("Rents")of the . .
<br /> '' ,' . Pmpeaty,rc8ardless of tn whom the Renis of the PmP�Y�PaYable.Boirowa suthorizes L.cade,r or Lender's -
<br /> ':�� . - � agents w colIect the Rents.and agrees that eacb tenant of tAe Propaty st�a11 pay the Rea�ts w I.euder or I.ender's ` �' ^L=-
<br /> . . � ` agents.However.Bormwer s6a11 receive the Rents uotil(7 Le,nd�6as given Borrawer aotice of defautt pursuant oo �' K��V�
<br /> . = -�. . .5 pazagraph 21 of the Securiiy Iaswment and(L'j Leader ha4 give,n notice to the[enant(s)t�at We Rea�ts are to be -
<br /> �; �. paid w Lender or Lendea's agent 'i7�is assignment of Rents consamtes an absolute assignment and not an -
<br />_�':` � c, assigament fas add�onal secauity only. :.�` . � -
<br /> ���, � ; : If Lendet gives notice of bre�ac6 tn Boimwa:(�aIl Rents received 6y Borrower s4a11 be Iteld by Borrowex as `5-.
<br /> austee for the 6enefit of Leader only,m be applied w the sua�s sepued 6y the Sewauity Iasuumenfi(u�L,eader s6ail ' � -
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<br />�:_ . .' . _.s. be entitted to collect and receive all of_the R�ts of the , �n7 Bmrowea • r�' " �-
<br /> �P�Y' C� agrees tLat each L�ant of the ,
<br /> };.... . Properiy s6a11 pay aD Rents due�d�paid to I.ender ar Le�tder's agents upon I.endei's writtea dem�d ut the _. �
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<br /> . . :,i� te,nanx Gv)anlesg applic�ble 1aw ptovides otherwise,all Reats colIaxed 6y Leader or Leadea's agents st�aA be . ' _--
<br /> ,� '��: app�Fast to We cosis of taking control of and managimg the Pmpaty and coIIecda�g the Rea�ts,ipcI�ng,but not i
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<br /> . ' limit�d to,auomeys'fecs.receiver's fees,premiums an receiver's bonds.repair and mainte�nance costs.insuiance . :��_�_�:
<br /> _ __.� , . _. preaniums,t�es,assessmeuu and otLes charges on the P�aperty,and dien w the sams secured hy 8ie Sea�r�ty - '"N'=
<br /> -�. . . � Instrument;(v)Lender.Lender's agents or anY N��Y aPPointed receivea shall be liable to accaant fm only those ' ^ ��_�
<br /> '�:` � . Rents actuaity received;and(vi) Lender shall 6e e.nrifled to have a receiver appninted ro take passession af aiid � ''. _ _..
<br /> r'��� � � e We and wllect the Rearts and fits derived from the Pra without an showin as w the ` -a—
<br /> n mana8 PtoPerlY Pt+� D�Y Y � ;;;.;---
<br /> , inadequacy of iHe propcaty as secacity. � �'�-
<br />� • '� If the Rents of the Propeaty are not sufficient to cover the costs of taiaing conuol of and managing the � '
<br /> . � � Property and of coIIecpng the Rents any funds expeaded 6y Lender for sach pittpos�v shall become indebtedness of . .`�`�.
<br /> � . • Bormwea to Lender sec�ued by the Sec�ity Instr�unent purs�tant w Uniform Covenant 7. ::.,��-
<br />;�„; . '�` Bmsowes represents and warrants that Bomuwer has not eaecuted any prios assignment of the Renis and t�as ,�,`Y •� ' �`_-„-
<br /> s: :'.: � : . � � not and will not perfo:m aay act thai woWd prev�t Lender from exac:sing its rights ande�r Wis paragrapt�. . . -._
<br /> " : - -, . '} Lender,or Lc�der's agents or a judiaaliy apgointed receiver.shall not be required w entea npon,take conuol . .'.�'1:`��.
<br />_ �� of or maintain the Property before or after giving notice of defa�ilt to Boirower. Howevear,Leader,or Lecider's :'�''_=-��
<br /> agents ar a jadicially appoiated receiver,may do so at any time when a default uccars.Any application af Reni4 � � �-;,��_
<br /> : • � shail aot care or waive any defau[t or invalidate any other right or reReedy of Lender.'lYus assi�ment of Rents of . --
<br /> � • the ProPerij+shall terminate when all the sums sec�red by the Secariry Inswment are paid in full. ' ' -_-
<br /> - ' � , I.CROSS-DEFAIJLT PROVISION. Borrower's default or breach under any note or agrcement in . • :... -
<br /> �': which I.ender has an interest shall6e a breach nnder the Security Instnunent and Lendea may iavoke any of the �' � —
<br />:�;: � � remedies pamiued by the Security Instrument `��
<br /> -_•, • . " . HY SI(3N�T0 BELOW.Horrower aixepts and agrees w the tams and provisions cuntamcd in this 1�►Family .
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