Common use of Assignment of Rents; Appointment of Receiver Clause in Contracts

Assignment of Rents; Appointment of Receiver. As additional security hereunder, Xxxxxxxxx hereby assigns to Lender the rents of the Property, provided that Mortgagor shall, prior to acceleration under paragraph 17 hereof or abandonment of the Property, have the right to collect and retain such rents as they become due and payable.

Assignment of Rents; Appointment of Receiver. As additional security hereunder, Xxxxxxxxx Xxxxxxxx hereby assigns to Lender the rents of the Property, provided that Mortgagor Borrower shall, prior to acceleration under paragraph 17 Paragraph 14 hereof or abandonment of the Property, have the right to collect and retain such rents as they become due and payable.

Assignment of Rents; Appointment of Receiver. As additional security hereunder, Xxxxxxxxx Borrower hereby assigns to Lender the rents of the Property, provided that Mortgagor Borrower shall, prior to acceleration under paragraph 17 hereof or abandonment of the Property, have the right to collect and retain such rents as they become due and payable.

Assignment of Rents; Appointment of Receiver. As additional security hereunder, Xxxxxxxxx Xxxxxxxx hereby assigns to Lender the rents of the Property, provided that Mortgagor Borrower shall, prior to acceleration under paragraph 17 18 hereof or abandonment of the Property, have the right to collect and retain such rents as they become due and payable.