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<br /> Ler►c�Aes. or oL•herwise availablo at law or in equiCy or by
<br /> staauCO:
<br /> (a) Lenders shall be deomqd to be L•lie orediCOr o£
<br /> 6aah �enant in respeot of any aseignmonCa Eoe L•he
<br /> � ` benof.ir, oE oreditors and any bankruptcy, arrangernent,
<br /> rAorganization, inaolvency, diaeolution, reoeiveeahip or
<br /> -- otheG d9b�or-x8110f gcooeedings affectinq the tenant
<br /> (witltout• te3-r.�igation on the part of T,enciers, howover, to
<br /> Eile Cimo�a+ �laims in suah prooeedinqs or otherwise
<br /> pursue aredxtox's rights t:he�oin); and
<br /> — � (b) Lendera sh�ll have the righE to assign
<br /> — Horxowar.'s riqht, Citle and interest• imder this
<br /> AsiignmenC in any 6f the Leaees to any sul�sequent holder
<br /> of any note or any p�rt3eipating interest therein or to
<br /> •ny person acquiring title to the Mortgaged L'state or
<br /> _ __ �ny paxt Choreot through forealosura or oti�erwise. Any
<br /> subiequenb assigneo shall have all Ch2 riqhts and powers
<br /> herain provided to Landers,
<br /> All righta and re��dies set forth in this Assignment
<br /> ahall be exeroisad at the diroction o£ the Required Lenders,
<br /> 6. �dd�_i� �_io_�n��n�l Sacurit . Required Genders may take or
<br /> -- rsl8aee otfier ae�'ourity �ox tixe payment oE ehe ind�htedness
<br /> seouCed h6rebp, may cele�:>e any patty primarily or
<br /> — faoOndeCiLy 3lable therefar and may apply any other security
<br /> _e� held bY iC Co the eaCieEactfon oE such indebtedness, without
<br />.:{� prejtld3ae Co ttny oP its cights under this Assi9nment.
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<br />�;;•i 7, ■oluCe Assiqnments R�eloass. The nesignment made
<br /> =�`�"! h9rAhy ia Ott ebeolUtB and unaanditional assi9nment of rights _
<br />�:±�� only, and not s delegation of duties. The execution And =
<br /> Yq delivAtp heYeof shall noC in any way impair or climinish the =
<br /> oblignbion� oE Horrower under. che provisiona oE each and
<br /> ' eveCy Geate nor shall any o£ che obligations cont��ne4 in the
<br />-�•;,� Leases be impo�ed upon Lenders. The aesiqnment coneained :
<br />��;�i� herein and sll righta herein aesigned to Lenders ehall oease
<br /> [� and tsrmin�te as to ali Geases:
<br /> ,� (i) upon Che pay�eent end satisfaction of �11
<br />,`j� 8eourtd Abli.gatione; or
<br /> (b) upon Che reloase �f the Mortgucfed Este�te
<br /> i,� subjeat to suoh Lease from bhe lien of the Deed ot Trust
<br /> oovering suoh Mortqaqed Eetate pursuAnt to the
<br /> ;,z; provisions oE auch Deed of 7ccust.
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