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<br /> G.ASS'�GNN�PiT OF LEA3ES. Upon Lendea's reqaest,Borrower shall assiga tn I.eadea all leases of dce � � '
<br /> _3 Pro�ertY and all securiry deposi�s made in connectioa with leases of the Property.Upon the assigameat,Lender --� ?T T -
<br /> -_ shaII have the w m g , � - .. ,.._ . ...___- -
<br /> _ ri$ht odify,eactend or termmate the exist�n leases and t4 execute new leases,in Ix,�der s sQle �-�:_.-,--- :.---.._-_:-�: ;:--
<br /> .- disiretion.As used in this paragzaph G,the word"lease"shall mean"sublease"if the Security Insuument is on a - . ._ ..._ . ..�_.;
<br /> . leasehold ', �
<br /> � H. ASSIGNMENT OF RENTS; APPOINTNIENT OF RECEIVER; LENDER IN Y�SESSION. . � , � � � : *
<br /> Borrow�absnlutcly and uncondirionally assigns and uansfe�s to Lender all We rents and reveaues("Rents'�of the . • .`•; ._,. .._ '
<br /> �P�Y,regardtess oi tn whom the Rents of the Property are payable.Borrower authorizes Lendea or Lendea's �-... .•��_-. ,� .----`,-=-_�-.
<br /> ageats to collect the Rents,and agrees that each tenant of the Property shali pay the Reats ro Lender or Lender's ! : _ • • : .
<br /> . ; agents.However,Bonower sshall receive the Reaits until(�Lender has given Bonowa notice of defanit pnrsnant tn � .. �_•,.,�:
<br /> � P�Ph 21 of the Secnrity Insaument and(a)Lender has given notice tn the tenaat(s)that the Rents are tn be . ,.�-.;.� .
<br /> :� paid w Lc.�der or Leader's agent Tdis assignment of ReaLs cnnstitutes an absolute assignment and not an � - -
<br /> ��. •.4 .
<br /> assignmeait for addirional security only. • , •.,;,,.�;.,.,.:_.
<br /> � � >., -
<br /> � If Lender gives notice of breach tn Bonower:(i)atl Rents received by Botrower shall be held by Borrower as '. . ...i ?
<br /> . uustee for the benefit of Leader only,to be applied tD the sums secured by[he Security bastrumen�(n7 Leader shall ",�; ....:�f,�_
<br /> . be entitled tn collect and receivc all of We Rents of the Property; (in� Borrower agre.es that each tenant of the • "'-'."•�`- _
<br /> P�Y PaY all Rents Qus and un aid Lo L.endea or Lender s • �•�>T�
<br /> ' ; Pro shall p ' age�ts upon Lender's writ[en demand to the ' � � .��=-`^
<br /> . � t�x C�) �� �PPlicable law pmvides otheawise,all Rents collected by Lender or Lender's agents shall be ` '-''�-�":��.%.:-'
<br /> ,.:
<br /> _:; applied first to the aosts of taking wntrol of and m�naging ihe Prog�ty and collecting the Rents,iecluding,but not �. � •-�``��'!!�`�
<br /> limited w,attomeys' fees,receiver's fces,preminms on receiver's bonds.repair and maintea�ance costs,insurance '�"=.ti'�° „��-
<br />' ums,taxes,ass�essments and other char es on the Pro - �4: � �--
<br /> .� Pr� B peat}+, and then w the sums secured by the Security . � � ....�s��,:�;; �. .
<br /> Iastrumenx(v}Lender,I.ea►dar's agents ar any judicially appointed receivu shall be liable[o aocount for onty Wose . . : •.��-.'`:*
<br /> Rents actaall received;and(vi� Leader shall be eatided tn have a receivea a ` '� .' "' � ���
<br /> Y ppoiated to take possession of and �� --
<br /> • manage the Pmpeaty and collect the Rents and profits deaived from the Propeaty without any shoamig as to the �'�" . .•q.:,. '.�.
<br /> ' inade9uacY of the Propeaty as security. .js�,�,
<br /> � If ihe Rents of ihe Pmpeaty are not sufficient to cover the costs of talong conuol of and managing the � � .x� � ' =
<br /> Property and of collecaag the Rent�any funds expended by Lender for such purposes shatl become indebtedness of � # � s
<br /> �N,,. • .
<br /> Borrower w Lender sec�ued by the Security Instrument p�rsaant to Unifoan Coveaant 7. � `;`�� _
<br /> Borrower represents artd wanants that Bosrower has not executed any prior assigament of the Rent�aad has :�,;: ''ai� : •�
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<br /> not and will not peifomi any act that woutd prevent Lendea&om eaercising its rights under this parag�aph. ��*,..� � ;'
<br /> Lender,or Lend�'s ageats ar a judicially appoulted receiver,shaIl not be required w enter upon,take control -...;,�.�,' �•�• • .
<br /> of or maintain the Property befoie or after givin g noiicce of default to Borrowes. Howevea,Lender,or L e nder's �'-'•
<br /> e � :9E;�'�. �_,:�.y_ .
<br /> . agents or a judicially appointed receiva,may do so at any time when a default occurs.My applicauon of Rents
<br /> shall not ciue or waive any defautt or invalidate any other right or remedy of Leader.'17�is assignment of Renis of �` �-•-
<br /> the Pcop�ty shall terminate when all the svms serure�by the Se�urity Inswrnent are paid in full. . "����
<br />, I.C R O S S-D E F A I J L T P R O V I S ION. Borrower's default or breach under aay note or agree►nent in -��-
<br /> which Lender has an interest shall be a breach nnder the Secruiry Instrumea�t and I.eader may invoke any of the '���� —
<br /> s:.-r-�-T•..----
<br /> ' remedies pearniued by the SeGUity Inswment , t
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<br /> BY SIGNING BELOW,Boiroaea accepts and agrces tn the trams and provisions contained in this 1-4 Family �'�- ,
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<br /> DALS R ZTOLSR (Seal) " - �1 S�� :;�:�` ���.—
<br /> . -Borrower DONNA J ZI -Soirower .•^^�'�'��.; ,
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<br /> -Aorrower -$orrower .- __ – �; ..
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