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<br /> � G.ASSIGNMENT CF LEAS�S. Upon L.ender's request,Bonower shall a5sign to I.ender all le�Lender • ' ..
<br /> property and all security degosits made in connection with leases of the Property.Upon the assignme � • . ,
<br /> .� shall have the rigQ�t ta modify,extend or teiminate the exisiing lea�e.s and ro execute new leases,in I.ender's sole , - `_ _ _ _.
<br /> ' ��o�ps���is paragraph G,the word"lease"shall raean"sublease' if the Security Snstrume�►t is on a 1 , •
<br /> leasehold OF RECQdEIt, LEI�IDEK I1V POSSESSIOPi. : � �`
<br /> H. ASSIGNIV�NT OF AENTS, APPOINTIV�NP - . -
<br /> 4
<br /> Bonower absolutely siad uncAnditionally assigns and uansfeas tn Lender all the rents and revenues("Rents")of the i . . . .
<br /> a
<br /> pmperty,regardlessss of to whom the Rents of the Propecty are paYable•B°n°W���0��der or Lender's �
<br />� „ „r rt,P pmnerty shall oav the Rents to Lender or Lender's � - --_ __ '
<br /> ; agents to collect the t�enis.an�i a�-�i3�,ai�ts sr.�..i----- ven Borrower notice of default pu�uant w � _ . —
<br /> ' agents.H�weva.Borrower shaU receive the Rents until(�I.eader has gi i . ...,., .
<br /> i pa�agr�ph 21 of the SeraaitY Insaument and(u�Lender has given notice tn the tenant(s)thai the Rents are tn be i . -; �_:
<br /> paid to Lendar ar L.ender's agent This assignment of Reuts constimtes an absolute assignment and not an ` _ . � .
<br /> assignYUe,nt for additiunal security only. .;.
<br /> � If Lendea gives notice of breach to Borrower:(i)all Reuts received by Borrower shall be held by Boimwer as � . . �_!�
<br /> y, lied to the sums secured by the Security Instmment;(u7 Lendea sha11 • ,
<br /> uu.stee for the benef�t of Lendea onl to be aPp Bo�w�a ���t of the �- � • ;-�' �--
<br /> b e e n ti t l e d w w ll e c t a n d r e r e i v e a l l of the Rents of the Property: (iii) � . . .�_=,
<br /> property shall pay all Rents due and unpaid to Lender or I.eader's agents upon I.en d e c's wri tt e n d e m a n d t fl t h e � �;s.�s
<br /> hcable law provides otherwise.all Rents coIlected by Lend�or Lender's agent�shall be ,..� . ' . _
<br /> �C �1°� ��� and colle�ing the Rents,includ'mg,but not ( • . �
<br /> applied first w the costs of takin8 control of and managing the Propercy ... . .' �
<br /> 'ver's fers, 'ums on receiver's bonds,repaiT aad maintenance costs,insurance f. � ;,Y.,{.-�
<br /> � limited w,aaomeys' fees,rece� � and then tn the sums sec�ued by the Sesurity � , �-,.r �t;i:'� . . ,.
<br /> ` � #'rr, � .i,• ,
<br /> premiums, ta�ces,assessments and othea charges on the Pro.peity�'receivear shall be liable to ar.count for only thosa , � � .
<br /> �.�; Instrumenfi(v)Lendea,Lxander's agents or any judiciallY aPPo mted w take poss�sion of and . �` . ;
<br /> ` Renu acwallY received; and(�7�Rents an profits derived Vfrom[the1Propercy anthout any showing as tn the
<br /> f u�anage the Pmpeaty and collect . ' . , � , (
<br /> inadequacy of the Property as sec�uity. ` � �
<br /> t If the Reuts of the Ropeaty are not sufGcient to covea the costs of taking control of and manag�n8 the
<br /> property and of collecring the Rents any funds e�cpended by Lender for such purposes shaU become indebtedness of . :;;''- ; ;
<br /> Bonower Lo 1.ender secured by the Security Instrument pursuant to Uniform Covenant 7• ent of the Rcnts and has ��''�`� � � •� ��i��
<br /> Borrower represents and warlants that�orrower has not executed any prior assignm �
<br /> �. .�• „�
<br /> not and will aot perform any acc that woutd prevent Lendes from eacercising iLs rights under this parag�aph. _.' .
<br /> inted receiver,shall not be required w enter upon,take canuol � ��'_. . .�4 :
<br /> - l.eadea,or Lender's agents ar a judicially apPo - - -
<br /> of or maintain tt►e Fc�nPertY before or after givii►S notice of default to Borrower.However,Lender,or L.ender's s_ �`_
<br /> agenis or a judicially aPPo�ntrd re�eiver.►naY do so at any time when a default occurs.My aPPlication of Rents ��. .
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<br /> � shall not cure or aaive any default or invalidate any other right or cemedy of Lender.'il�is assiSi►ment of Rents of . ' x• . r_! ���
<br /> . , ihe Property shall teaminate when all the sums secured by the Securiry Insuumeat are paid in full. ;_�:.-�• .���
<br /> I.CROSS-DEFAULT PROVISIUI�1• Borrower's defauIt or breach under any note or ageement in ��;�,: �—
<br /> which Lender has ar►inteaest sha111�e a breach under the Securiiy+InsCrun►ent and Lender may invoke any of the . . . _. � ,��
<br /> remedies peamitt�d by the Security Inswment �`'�r`
<br /> BY SIGWING BELAW,Boaower accepts and agrces to the terms and provisions wntained in this 1�3 Family - = _ ._ ...�'..
<br /> Rider. ' .::,.,.�.,a.�
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<br /> . ���, ,! rJ (S�) � .�P!'l�-�-^ Sesl) . . ..��.��-..:
<br /> � LROLIN D KRE[JCHI -Horrowm N _ � M �I -Sorrower .. . ;•� . _
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<br /> �5�� fSeal) • , .
<br /> -Borrower -Bonower ,
<br /> � �•57 (93W1•Ot aaye 2 0�2 � Form 9170 3/93 . �
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