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<br /> � - THIS ASSIGiNMENT OF LEASES AND RENTS (this •,Asslgnmcat") dat�d ,.
<br /> ,- . � ` _� aud effecrive as af tiis 12tb day of August, 199�made by GRAND ISI.A14it3 ASSOCf�F��, . ,-.
<br /> • � � •<' ` umder the laws of the State of Illinais hainng .
<br /> ....:. , ;._� �..I..G. a linuted liability campanp duly organiz.ed Hi and Park, UWnois b0035 .
<br /> � r ;�� an office at c/o Burt Chudacot� . 794 Highl�td. Place, gh! �,
<br /> f_ - �k �_� ('•Assigao�"). ta T� C�ITA3. C011�PA1VY OF ANdERHC�i I.LC. a limited liahiliry � �
<br /> � �ompany otganized under the laws of the State of DeIanrace, havin�an ot�ice at�Twa� Worid � r�=
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<br /> €:��--;-y Financial Ceater,Bw'tding B,New York,New Yo�t 10281-119�( Assigxea ),
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<br /> .SLF^k�7 fijP`�� � . !��pg�p��r is the�c�er of a fee�imple title to that certain parcel�of �
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<br /> �''�� c''�i�' .. - tl�e ^P�ises") it A attached hereta, togethar with the ,�
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<br /> ..,��y;���'.`4i�`!�� �:`�"� � b�ilding�ctin� fxtures. addit"rans;.'e�t�gements, cxtensions, modifioatiuns, rePair�. :t,
<br /> �y ��`';�;�``-��{r ` la�ated• thereot� call�ctivel the
<br /> •A.u�co���N " �1]�PIltS $11� O�' 1II1�1P[lY.P��IItS Ai�ZW'OI �ICIPa. �Pf. t y� `
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<br /> tt���S��� i /�X,� .<�:;;: _- ?f;;-�..�,. y, , �' ��pS,Ass��r and�E�ignee haee entered iato a eertain lLoan Agreeffient .
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<br /> . , .:,����+�the date hereof(as amended,����d.restated,consolidated or supplem��8nm
<br /> -:� -` ' ',;�. '. time ta.�,the"Laan Agreement"}pu��whia��Assig�ee tia.s agreed to maks a sec�u�tf . _
<br /> , .'��:;� loan to���nor in the maximum�p�incipa����t�P�fl, v:,000(t�te"Losn }. ,
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<br /> � � WIiE��AS,.Ass's�iiar has�a�ed a note�iu such g��al�amo�t(as the same . i4�..
<br /> °..`Mfr may be amend�,mci�ified,restat±P.d,sev�?�,�¢onsotidatad.renew�,�l.�ed;or supplementefl . - "
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<br /> � r. f r o m t n n e t o t i m e, t h e "N Q t�j�z'.�ich �"�ecured b y, nt �,l ,,:?�i:�c@�n;deed of trust, ,4,._
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<br /> . , . .:,,.. -.• assigameM of Ieases and re���;security, agre�m$n; (as amendsd��n:�� to tim�, the
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<br /> � � '.;; VVHEKEAS, it is a condidorita`t'�t��r���on of A.,ss+� �e to�ke the ta�+a:to � . �' � :-
<br /> vest�s�z?�:signmeat; � '`�`:
<br /> r� p s s i g n o�.'�v a n t t o t h e L o a a A g reement that Assi g a i�'��te aac��:ti� . ;�`�'; ,,f�.
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<br /> .. :, �.�EAS,tlris Assi�ment is be'sng giw�n as add,��ia31a1 securitY for the Loarl; . '� '� ` -
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<br /> � ,�,"� d d terms used in��►is Assigament wit�►��t:�d�finition have ;,,. "'
<br /> � �WHEREAS, �.'' �.' e . � ; .;
<br /> : � .�.�,': '� the respective meanings assign�to such temis in th�s�L'oan Agreement or th�����t&zS�+� v�;�; r =
<br /> ' '. � �. � , case may be,the tenns of eacb of wtnch are��ec�fically incorporated by reference herein.4� ,' ,, '. _
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<br /> � . ;�K�}{ � '��', NpW,THEREFpRE, for�good and v�7;�ble consideration, receipt of whi��.�fy �� J;';.:�; �,
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<br /> �",; the paii���hereto is hereby�tnowledged, and ad�iei�p:�ally for the purpase of additionalty � •�,,t•
<br /> ... � securing the Deb�,/��:agnor ttereby assigns,transfers,conveys and sets over unt+o ths Assagnee, ; :,
<br />- �t of Assi or in and ta all Leases and all��; ` -
<br /> � � � , aU right,title and�Cr� � _ _-
<br /> . .t' � 'TO�iAVE AND TO HOLD the sune unto the Assignee,�ait�,s�cces$ors aad �`;�-
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<br /> • , assigns farever,'upon the terms and conditions and for ths uses h e r e i n a fter se8�i h. , ,::.
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<br /> . ..` , • And Assiguor hereby furth�ragrces as follows: ..�E`. . . � ",+.°`,
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