Laserfiche WebLink
profits and the application thereof, as aforesaid, shall not cure or waive any default under the <br />Lease. Assignor agrees that it will facilitate in all reasonable ways Assignee's collection of such <br />rents and will, upon request by Assignee, promptly execute a written notice to each tenant <br />directing the tenant to pay rent to Assignee. <br />8. Assignee's Right to Exercise Remedies. No remedy conferred upon or reserved <br />to Assignee herein is intended to be exclusive of any other remedy or remedies, and each and <br />every such remedy herein contained shall be cumulative and concurrent and shall be in addition <br />to every other remedy existing at law or in equity or by statute. The remedies may be pursued <br />singly, successively or together against Assignor or the Property at the sole discretion of <br />Assignee. No delay or omission of Assignee to exercise any right or power accruing upon any <br />default shall impair any such right or power or shall be construed to be a waiver of any such <br />default or any acquiescence therein, and every power and remedy given by this Assignment to <br />Assignee may be exercised from time to time as often as may be deemed expedient by Assignee. <br />9. Notices. All notices, demands and requests given or required to be given by <br />either party hereto shall be delivered in accordance with the Lease. <br />10. Miscellaneous. <br />231307483 <br />(a) This Assignment may not be modified, amended, discharged or waived <br />orally, but only by an agreement in writing and signed by the party against whom enforcement of <br />any such modification, amendment, discharge or waiver is sought. <br />(b) The covenants of this Assignment shall bind Assignor, the successors and <br />assigns of Assignor, all present and subsequent encumbrances, tenants and subtenants of the <br />Property or any part thereof, but shall not be binding on any assisted living residents occupying <br />the building, and shall inure to the benefit of Assignee, its successors and assigns. <br />(c) In the event any one or more of the provisions contained in this <br />Assignment shall for any reason be held to be invalid, illegal or unenforceable in any respect, <br />such invalidity, illegality or unenforceability shall, at the option of Assignee, not affect any other <br />provision of this Assignment, but this Assignment shall be construed as if such invalid, illegal or <br />unenforceable provision had never been contained herein or therein. <br />(d) This Assignment shall be governed by and construed in accordance with <br />the laws of the State of Iowa (without regard to its conflict of law principles). <br />(e) ASSIGNOR AND ASSIGNEE (BY ITS ACCEPTANCE OF THIS <br />ASSIGNMENT) HEREBY KNOWINGLY, WILLINGLY AND IRREVOCABLY WAIVES <br />ITS AND THEIR RIGHTS TO DEMAND A JURY TRIAL IN ANY ACTION OR <br />PROCEEDING INVOLVING THIS ASSIGNMENT OR ANY RELATIONSHIP BETWEEN <br />ASSIGNEE AND ASSIGNOR. ASSIGNOR WARRANTS AND REPRESENTS THAT IT <br />HAS REVIEWED THE FOREGOING WAIVERS WITH ITS LEGAL COUNSEL AND HAS <br />KNOWINGLY AND VOLUNTARILY WAIVED ITS JURY TRIAL RIGHTS FOLLOWING <br />CONSULTATION WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, THIS <br />SECTION MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT. <br />524030 -01 <br />