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<br /> ��' . `� ,`---_-. G.ASSIGAIl'�E11i'P OF LF.A�FS.Upon Leatder's re�auesst,Baaower stiaII assign w Le�de,r all leases of the ' ; ' �,�- �
<br /> F-'-'r-�°' �� property and all�ity de�sasits made in connecxioa with leases of the P,copedty.Upon the a�ai.Lendcr
<br /> _ ' s6a11 have the rig�t tn madify,extend ar neimin�e the existmg teases aad�o exerute nea+teases.in Leader's sole - --
<br /> "°, discre�oa As uted'm this paia�aph G,the word"lease"sbaD meaa"sublease"if tbe Secarity Insomment is on a . . .
<br /> ° . �• lcasehaId. . .. �
<br /> :,c • !� ASSIGNMENT OF RE1�TS; APPaD�iTN�NT OF ItECHVER; LENDER IRI POSSESSION. • •• 'f°• .'
<br /> � �'s.•f._.
<br /> - � � ._. ..° Boaower absolnteiy aad tmoonditi�onaUy sssigos and uaasfers w i,end�ail the ce�ta and revenu�("Renis'�of the • , , ; r�� : _
<br /> . . ., ` Pcogeaty,reg�of to wflom the Rent4 of the Propemr a�paysbl�.Hoaowea authorizes Lender ar Lendds " � --
<br /> <. . . •-�g.,
<br /> ' � ,.::i_ ageats w co2tecx the Rc�ts,and.agEes that e�aeh twant of the PRape�ty s6all pay the Rent��o Lendea mr Lendcr's ' • . ,;'='�
<br /> � •��: � , ageatg.Hnweve,�Bwmwa shall�edve the Re,nta anW(�Leader 6as giva►Boirower notice of defanit pu�avant w :. � `��r::�.
<br /> � . paragrapb 21 of the Sec�uiry Ins�ment�d('n�Leadea�as givea�nodce w the terrant(s)that the Renta are w be ,� �-,° —
<br /> . � _ , '<- paid to Ler�de� or Lendea's age�f. 'I�is as�ignme,nt of Rents coasdtutes an absohne assignment and nat an , � __°=
<br />-_ � , . . _ a�ignmcat far additional securuy only.
<br /> . tf Leuder gives notice of 6reacb to Buuower:(ij all Rents ieceived by Bmmw�svall be held Iry Boaowea as `'a" .��--
<br /> � :�;�. -
<br /> . � � . uustee for the beaefi!of Lercder only,w be applied to the sums sec�ed by the Seaairy InsGnm�Cu'�L�der shaII . —_—
<br /> ` be eaatilled to oolIect and rece,ive aIl of the Reats of the PmP�Y: Cmj Boaawer a�ecs tt►at each tenant of the - _--
<br /> .. .. "' -�..::.. prapeny shali pay atl Re�ts due and uupaid to I�endea or I.atda's age�ts npon I.rndea's writ�n dem�d w the _ ��
<br /> --- -- - t�x Crv)iu�less appticab2e law ptovides otheswise,all Rents collected by I�der or I eader's ageats shall 6e . s�
<br /> ' hed fast to the costs of takin cunuoY of and the aad caUectutg the R�tv.mchidmg,bnt nat . , ;.��—
<br /> < apP� B ��8 �F�Y ��-'=-
<br /> � . • t�ted to,su+oraeys'fees,receiver's fees,prerniums an received's bnn�s.repair and malntenance cvstc,insurance ' ..�_�,-_'-.
<br /> . , �. ::� ,,,.�
<br /> psemiams,t�es.assessmeats and other c�arg�s an the Prope.rtyr,and thea to the svms secared by the Sec�ity ` .�„�„-�,_
<br /> --�•., � - - - Instrument;(v)Lea�der.I.�dds agentabr anY III��Y aPPointed r�eiver shall be liabt�w account for anly those '� ,:.�,�..:;,�
<br /> � � R�B acwallY recea+ed;and(vi�Lender shaD be enti�ed w have a receivea apFo3n�d w take possessian Qf and =---
<br /> ' . m�age the Propea4y aad caliect the Rents and pmSts derived fmm the P�opcaty without any shPwing ag w the 4 �. �;�,��
<br />- ' � ��I�Y of the Propcxty a4 secu,dty. �%` _.
<br /> .- .. If the Rent�of the Pr+opaty a�e not suffideat m cov� the co.�s of tating conaol of and maz�ag'mg the . -_--_—
<br /> . Propeaty and of coltectmg the Reats any fiands expa�ded by Lender for such pncposes shall become indebtedness of . .. �==�--"
<br /> � ` � . Borrower tn I.endea secured by the Secarity Instcuraent pursuant to Uniform Covenant 7. '�°�'
<br />- . ' `�- Borrow�r represents and wanants th�t Borroa►a has not executed any prior assignmeat of rhe Reuts aad ha9 • ' =��--.�
<br /> � not and will rcot perfasm atry act tLat wou2d preve,nt Le�der fmm exereising its rights imder this pazagapD. •.> � . . -`-�--=
<br /> . ----� -.- . Ltnder.or Lend�'s ageaus ar a ludiciallY sppniate�d rer�iv�..shall not be requirai to eut�upon,take conuol f -'' �_ -_�
<br /> :��:-_
<br /> ' : : ''�`.t of or maiatain the Propcaty befoze or aft��g notice of default to Borrower.Howevca.Lender.or Lemdea's ' ?����-
<br /> � .. agee�ts or a�dicially appointed receivea.may do so at any tune when a defaalt octivrs,.Any applica�on of R�ts ':>.� �''•�"--
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<br /> . ' � shall not aue or waive any Qefault or invalidate any othed righi or remedy of Lender.'itis assignment of Rents of ' ' �
<br />. . � . the Property shall te�inate when all ihe s�ms secund by the Security Instrnmeni are paid 9n fnll. . �� ".�,
<br /> , I.CROSS-DEFAULT PROVISION. Bmmwea's defanIt or bmach ander any note or �eernent ui
<br /> � . . . .,� wfuch Lender has an mterest shall be a bmach nndea We Secauiry Insuument aad Lender u�ay invoke any of the �-- -_ --
<br /> . , remedies p by the Sec�riry Instrum$nt � �-.•''�-��=':
<br /> '. � . . B IG G BEI.OW, wer artd agrees w tha tearns and provlslons con�ined in tius 1-4 Family .. ����``
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<br /> - . ' .. O H CK -Bortower BUCK -Eorrower ' .' . �. —
<br /> (Seel) (Seel). . _. . � �
<br /> ' •Bcmower -Borrower � ` �
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