|
„s-�"� . . ._.:t.._�� - �` - .x'' — _.h:�. '� .:�:�..:kE»...� -
<br /> �. _ �, :.��_'.:.,,.� - - ' - . . ,- _ _ .'
<br /> �'
<br /> ( "_p:��'_ ., t' .l . �� - t. �T - _ . _— _ ,— . -__`Y_ ” — _—�.q C_." - -..
<br /> ,� � •� . 1 �t � �
<br /> 3 � �-� �.. � • t � c t` � . ., r r qsa
<br /> .�' d •a s _� .. _ ,. ,� - - . -c- ... _ t'� ;. � . y r � C -- .- �' r ` . .
<br /> _.. , . F r c� .;�- �- -. �'� � .-._.< rl�_;� > cy �r: c f -'^"f 4� -
<br /> �'t,- � `Y , - 1: c .<
<br /> . � k, c ,� . < H �,��_ 'L� �b C.���., i. . c_ - ti t s �. 4y . � �fi�
<br /> . �• � ' . , y�t ' � ' , � , , -� °_r_� � , .a... <rh. .
<br /> ` `� - R � --t tY, � '4 c . a �O< .� 4 .a •S. ` .•�_,I. L'' .
<br />. 't.. , . . �4:' . . , . . . . . . ` • �}`c�;�: —r--:......_ _ .
<br /> l.'� `E; - . S .z . ' , . . �.fy E� � . •'a.�.t t �f,� ' . .. , `< ,.Q, . . " � � ' � �
<br /> - < . -` �'�-� c - . . . � .. aY�tc . .
<br /> �� .0 . ,
<br /> � '�' , � '.{._ .
<br /> c.`. �r
<br /> . . "�'..f __
<br /> , ;�., . .
<br /> , .. ` ._
<br /> �� � ::<< . � ��~gtie�e�a71. ' �:��,:�;. . .
<br /> , . � , -.�: � _ .
<br /> ' G.ASSIGNMENT OF LEAS'FS.Upon I.ender s requesc.Borrowes shall assign co I.xnder all teases of the :_ •. �°;..:�-
<br />- .. `_ osiu made in connection with leases of the PropertY•UPon the assignment.I.ender , . �`'` `;.
<br /> �`,��' Property arA all security dep ' `:�
<br /> - sl�al!have ihe righc to modify,extend or terwinate the existing teases and to execut�i►ew leases.in�nt is�an -_ -
<br /> _�;. ._.,- � .
<br /> � discretion.As used in tiris paragraph G.the word"iease"shap mean"sublease'if the Security `:` .•
<br /> .. . -t. `�� a leaseliold. OP RECEIVER; LENDER IN FaSSESSION. ;
<br /> • :., H. ASSIGNMENT OF RE1�iTS; APPOIIVTMENT .:�, ,L -_
<br /> , . Borrower absolutely and anconditionally assiSns and uansfe�s to Leader all the rents and re�+�u�<•.�II�•'�°f -
<br /> . ' the FropeRy, reg�� of to �vhom the Rents of the Property are puyable. �rrower�Ren�Lender or 4 � ,• -z--
<br />'�• Lender s agents to collect the Rents.and agrees tha�each tenant of the Propecty PaY ---
<br /> ` '`� Leader's agents.However,Borrower shall ceoeive the Reats unti!(i)1�naer has Si�en Borrowei noace of defautt :. ��.
<br /> r ` h 21 of the Security Instmmert and(ii)I�nder has,given naace w tke tenant(s7 that the ReNs • �� _=;4,_
<br /> , , pursuant to p�P . .,.�.-.' .,
<br /> ��:`•:' . • , ` are to be paid to Lender or Lender's agem.This assignmeat of Rents constitutes at►abs°tute assignment and nat ----
<br /> . � , ..� �'.,.;�;� �assignment foradditional security oaty. ' .,
<br /> _ If Lende�gives norice of breach to Borrower.(i)a!1 Rents receiv�d by Borrower sh Ilnbemhn I�byr,U��er ,
<br /> ' ' as tnutee for the benefit of I.ender oniy.to be�applie��o the su�S��by th�Security
<br /> � � shall be entitled to collect and receive a!!of the Rents nf the Property:(iii)Barrower agrees shat each tenaut of the
<br /> _, `.`��`;_,..�;.• ' ptoperty shail pay all Rents due and anpaid to Lender or I.ender s agents up�Qa orrl.eader�'s agents shatl be ': 'l_
<br /> --- - ='=�= � tenaat: (iv)unless applicable law provides otherwise,all Re�s collec[ed 63' ---�-.�:•.''
<br /> � .� .•,��'°� '.r� ..��•�` applied Ctst to the costs of tal:ing coatrol of and managing the Property and collecting the Rents,irtcIuding,but ' -
<br /> . . r and maintenance costs. ':'�
<br /> not limited to. attorneys fees. reccivei s fees. premiums on receiver's bonds, repai �
<br /> -�.`.,=-
<br /> • �� , � insurancepremiums.taxes.assessments and other charges on the Property.and then to the sums secured by the ,4;. �K__
<br /> Leader's agents or any judicially appainted receiver shall be liable to account for �;;�'-_
<br /> . . ..: ,� Ser�ity Instrumear,lv)Lender, inted to take _..._ . ���-
<br /> �� �. . • � only those Rencs actually receive�: and (vi) L.ender shall be entitled to have a recciver � ��out an _
<br /> +°. . • . ' possession of and manaSe the Property and coltect the Rents and profits derived from the Pro erty Y ''�. �.�
<br /> . :.t:�4_ __"-
<br /> ` • � showing as to the inadequacy of the Properry as security. . �=--
<br /> _�� �, If the Rents af the Property are not sufficieat to cover tlie cos4s of taking oontral of and managinS the �
<br /> , . Property and of coliecting tlie Renu any fu n d s expen ded by 1.ender for such purposes shall become indebte�ness . __
<br /> •• of Borrower to 6.ender sec�red by tha Security Instrument pursuant co Unifo nCov�senant ent of the Renu and has� ,,�_"•,`.,:"��: -
<br /> ' �� �� '� Boaower represenu and warrants that HoiTOwer has not executed anY P� � • , -.--
<br /> � � • � . � , aot and wi11 not perform any act that would prevent Lender from exercising iu rights under tivs Parag�apb• , '�_-_-
<br /> '= �- " � Lender, or Lender's agents or a judicially appointed re¢eiver. s8alt not be required to emer upon. take __-
<br /> �y�`z� ' control of or maintain the Property before or after giving norice of default to Borrower. However. ���tion ' `'-�
<br />
|