c;. ^>
<br /> .,
<br /> -^''x.rF�ie;;c _ �'a �. �' "_}
<br /> �$��'c��Y ��.�ti '�y_� . . .:s.� -- � s!';.:.L __ ��£''_ "�i P - - �rt+r�. _-x-c _ _>r��:�.
<br /> .l � " . � �e ,._ �.__ C -.,..,.., �., k � c n -��� E4'� .
<br /> �.K!% .. : � . .. Af� � ` S 4
<br /> � .
<br /> ,
<br /> . � � .
<br /> . . . .�. , _�. , .� — : . r �P - — ._ .. . _`�.,. _
<br /> . .
<br /> � -. �.�' .. .:t . T G , , _ F t' , ., �'� ..f�, m
<br /> � S ' Y
<br /> Y�' - `a h'. � � �.Y�
<br /> - � '�. . �.- _ c � F�v.�'A __ ' ti '.i.� ' . - . ��• .c=..
<br /> � ` h, �, ` � ` , f-: 4�._?' ` ` � , �t. � , ��` �4, `'�'4 u•.
<br /> , , � . .. �� ' >< ., . ` - . ' . c.� ,, c . . '• . • _ . ' . .`c., {. '�.� � • ' -< -c �
<br /> , . .� , 'ri � c_ - . � ` .. .. . . f . � _ , c 4�'J.,. t t`. ` ; �_ � ' .. ,_- r. •�.� . � e -�
<br /> _ -s r .`.c. _ QM1 G� y - "
<br /> � • . ._.... _"' . :o_ . _4"
<br /> . . .... � ' � .c:.��+�- .
<br /> _, �.f.' ct • .�..
<br /> ::�; -..s. � 9�� ���5 .. .. `_;
<br /> 4 V��
<br />. ��'�. � • — � . . � .
<br /> 1 a<
<br /> � i � .� , -, • � �� J.� .
<br /> - ' ���.�1 i _ � , '� -.
<br /> G.ASSIGNII+�NP OF LEASES. iTpon Leader's req�est,Bonower shall assiBfl W I.ender all leases of the h
<br /> '� . -:�`:` Propetty and all securit�►deposits made in caaaection wBh i�of t�e F[operty►.tTpan the�men�L�adea - -- - �_ �-
<br /> � shall dav�the rtght w modify,ektend or t�mioa�te the e�dsting leases and to execute new ieases.ia L�ender's sote ,,. 4
<br /> . � : . discretion.As used'm this p�aScaph C,the wo:d°lease"shall mesn°subtcase"if the Seaaity Insuume�t is on a r
<br /> � . ' ` �0�' LENDFdt II�i PaSSESSION. > . .�, -
<br /> °- --- H. ASSIGNIV�NT OF ItENTS: APPOYN'FN�NT OF BECEIVER; SS `�.��_
<br /> . Bmrovrea absotuteiy and aacandiriwnaIIy a4sgns and aansfeis w Le,ndes all the rents and zevenues("Renm")of d�e - �� .`.:P, ;t.��.�
<br /> . Ptope�ty,regardtes�of to whom the Reats of the�op�cy ate payable.Bormwer awharizes l�det or Leadrt's . ° '° . "�'---'__
<br /> . ageuts to rAltect the Reats,and agrees d�at each I�nant of the Pmpe�tjF s�PaY the Reats to Lead�ar IendePs , '',,�;a,, _ . `,
<br /> . ag�tts.Howevet,Barmwer shall�eceive the Rents aut�(�Le�der 1�as B�ven Bouawea norice of defaolt P�usua�tt to `•a• ._-
<br /> . , pa�b 21 of t�e Se�auity 1n.smnneat and(n�L�der has giveai aodce w the t�ant(s)that the Renis aze w be . `::�.
<br /> : : . p a i d tn Leades or Leudds ageot T6is as�i�meat of Reants coastimtes an abso2ute assigcuaent m�d not an � ., z.'
<br /> • as�gnmeat for additianal securitY an1Y• . ' --
<br /> � � If I�end�gives not�ce of bseach to Boirower:(�aD ReaB tece�veA by Bou�owea shsll be 6eW by Boauwer as ,.,-,�:,::�.�
<br /> . ... �far the benefu of I.ender only,oo be applied w the sums sec�ed by the Secaairy L�sunmen�Cu7 L.en�ea sda11 : �-_
<br /> d
<br /> `-.� .n.��� -
<br /> be eautted to coIIed�d receive aII of the Rmts of the Pmpert}F Cm�Baaow�agrees that each te�ant of the _ ._:°.r';' _-
<br /> : ,::�` Ied _
<br /> • � , R�:-:�' �P�Y �PaY all Rea�ts due and uapaid to Lender or Lca�de�r's agents upon Leadea's wnuen demaad w the • -
<br /> '� �` � ` tenaa�Cv)un�le.sg a�Plicakle law pi+ovides ot�wise.all R�ts collected by Lead�or Lend�'s agents shaU be .
<br /> applied first to the costs of taking contml of and waaa�8 the ProPertY and collecmng the Remis.including.bai not ` " '' �;
<br /> on receivec's bonds,m�pai�r�nd maiate�ance costs.insu:ance . `. � ;,Y—
<br /> limiDed W,attameys'fees,receivea's fees.pre�inms �.:�_
<br /> . ..- � : ��.���-:"� p�iums,ta�es�a�ents aad other charges on die PraPertY,aad thea tD tha susns sec�ed by dse Secaait�► .. �
<br /> Instr�menx(v)Leader,l-wd�r's agents or anY�d'►aallY aFPointed recen+er sliall be liable to accouni for onty those >. . • ..,.��__
<br /> ' ' Renta acp�allY received;and(vi�Lender shall be entitled to have a receiver appoiated w tatce posse�on of and ."�:�:,
<br /> � manage the PmpeacY and wllect the Rents aad pmfits d�ived fmm the Praper�y without any shoa+mg ac tn tAe ; ,:sr�---
<br /> ".� ---
<br /> : - �. inadequacy of the Pmpeacy as s�►• � , `'.-�.-
<br /> � "' If the Rent� of the Praperty arz not sufficieau m covea the costs of talang conUrol of aud mauaging me =.
<br /> Y•.
<br /> �P�Y aad of coltecting the Rents any fnads expended by Lender for such purposes shall become iadebte�ess of . , .�,. `���
<br />-� �. . Bmmwer w Leades secured by the Sewrity Insomment pwsuant w Unifaim Coveuant 7. -:•,.,�r�►
<br />� Boaawer represea�ts and warrants that Borrower hag not executed any prio:assignmeat of the Rea�ts and has . . `;;;=�-:._
<br /> -•--��---�-- not and w�I aotperform any act that would preventl,.�des fmm ex�g its rights und�this p�agrapb. . � � ��
<br /> ' I.endea.or Lendea's agents or a jadicially appointed receiver.shall not ba required oo entea upon,take wntrol , . •3�•--.o.
<br /> . .,�`<; ,
<br /> . of os maintain ihe ProPertY befare or after givumg notice of defauit w Bomnwer.Howevea,Lendea,or Leuder s , . ..
<br /> . . � agents ar a judiciallY apPointed receiver.may do so ai any timme when a defaalt occurs.My application of Rears � ''y�!;�t�.^
<br /> , � ��� s6a11 not cure ar waive any default ar invalidate any othea right or remedy of L�tder.'tl�is assigament of Rents of . �,
<br /> the ProPe�►Y s3�a11 terminate when all the sums secared by the Security Insuumeni are paid in full. � �,�:.
<br /> � : �f L CROSS�DEFAiJLT PRpVISION. Bomuwer's defaull or breach under any note or ageement itw , :•--_�_
<br /> � � .. ; whic6 I,ende,r has an intterest shall be a breach under the Secarity Insuument and L.ender may invoke any of Ihe � . .�-'_
<br /> : : remedies penniued by the Sec+aity Insftument
<br /> � '-�'� BY SIGNING BEWW,Hotrower accepts and agrees to the tams and pmvssions contained in tuis l�Famity -- . --:_
<br /> . .. , �� Rid�. . .
<br /> . ;� : .. , .... ����Yu�'�%�`�`�'�'r�.�� (seal) �1Q.ru't.Q� ��a— (seat) . . � . , .
<br /> � . RANDALL S AMf:3 -Bortoaer �T�� A AMES Botrower . .
<br /> :�
<br />" � . . (Se81) (SC81) :. `
<br />, ':, -Bonower •Boaower ..
<br />� r: . � � �� - . .
<br /> • ; ��57 1930e1.01 vago a o�z Fo`r.�m 8170 8/98 . ', .
<br /> N
<br /> t�
<br /> ; ` , �
<br /> ..,_ _ . . - . . � . - . � . . .�, � . � � . .
<br /> �t . , .. . .. . .. . . . � . ,�. - , , _ ., ... ,i.: .�".�'°.:..L���� _ - _
<br />. _. . � _.. ..>. . �. `. _ . . . . . _ . . .� . _. � ' ' � , _. . .. . . . .�� . _.�- _ • .� _. . , .. .. . . . . . _ . .�:._��. ' . . , - . . . .:'_�._ .. . . . ..
<br />
|