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201304732
<br /> ASSIGNMENT OF RENTS
<br /> Loan No: 101266453 (Continued) Page 6
<br /> consolidations of and substitutions for the Note or Related Documents and any amounts expended or advanced by
<br /> Lender to discharge Grantor's obligations or expenses incurred by Lender to enforce Grantor's obligations under
<br /> this Assignment, together with interest on such amounts as provided in this Assignment. Specifically, without
<br /> limitation, Indebtedness includes the future advances set forth in the Future Advances provision, together with all
<br /> interest thereon and all amounts that may be indirectly secured by the Cross-Collateralization provision of this
<br /> Assignment.
<br /> Lender. The word "Lender" means Five Points Bank, its successors and assigns.
<br /> Note. The word "Note" means the promissory note dated June 12, 2013, in the original principal amount
<br /> of $205,237.00 from Borrower to Lender, together with all renewals of, extensions of, modifications of,
<br /> refinancings of, consolidations of, and substitutions for the promissory note or agreement.
<br /> Property. The word "Property" means all of Grantor's right, title and interest in and to all the Property as
<br /> described in the "Assignment" section of this Assignment.
<br /> Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan
<br /> agreements, environmental agreements, guaranties, security agreements, mortgages, deeds of trust, security
<br /> deeds, collateral mortgages, and all other instruments, agreements and documents, whether now or hereafter
<br /> existing, executed in connection with the Indebtedness.
<br /> Rents. The word "Rents" means all of Grantor's present and future rights, title and interest in, to and under any
<br /> and all present and future leases, including, without limitation, all rents, revenue, income, issues, royalties,
<br /> bonuses, accounts receivable, cash or security deposits, advance rentals, profits and proceeds from the Property,
<br /> and other payments and benefits derived or to be derived from such leases of every kind and nature, whether due
<br /> now or later, including without limitation Grantor's right to enforce such leases and to receive and collect payment
<br /> and proceeds thereunder.
<br /> THE UNDERSIGNED ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS ASSIGNMENT, AND NOT
<br /> PERSONALLY BUT AS AN AUTHORIZED SIGNER, HAS CAUSED THIS ASSIGNMENT TO BE SIGNED AND EXECUTED
<br /> ON BEHALF OF GRANTOR ON JUNE 12, 2013.
<br /> GRANTOR:
<br /> GLZ PROPERTIES, L.L.0
<br /> By:
<br /> Z HARP Z ZOUL SFrAKA ZACHARY Z ZOUL, Manager/President of
<br /> GLZ PROPERTIES, L.L.0
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