|
' . . . . . • . r �.�'I•♦-Y1'.�. . •1�.l..n..:iiw� •...t� .��d'
<br /> .� _4_ ...,..• .. } M�w�.. .u+.` ii�...� .____�_ .n �a____�__—� �-.�;,w.._�"�pRwW�'�►Yrr.'i Y�h �=. �.�`�, �..It.�)r.���`^ry . .���_—_
<br />. . . �V.4�S1'1�Ip.7`� •Sl'ri�' r�... . '.4. • . .. ._.�.vL.� . . . . . . - _' __
<br /> . .. ; •
<br /> . .
<br />. :.._..,. .t. . '. � . . ._. �
<br /> �y� .
<br /> .4:�'+rs�L���1.'�. dl�J�•�a,rY�'�I�__�X:},, `t.l L- �'3.`�.iY.=C'L•!�.«.�t:.... �:3 i� t. _.... _ .. "_ ' ' _ .
<br /> ' I l uL
<br /> .
<br /> �:.r.slai.b,.. ,v4' - _ .. .. __ .,�. �_.,...�,. ---
<br /> .
<br /> ' _',.e._.,......�.�,-... ..... .�.v._,.._....._ .... ' _ _ -_. . ... .�_...........�..�.�...�__.._. ..
<br /> ��
<br /> '�N�4[� �s+..��iti:�i"�- 'rl'`.•?;!•"�G...1'nt. -w..:...u- 'f-•,�..� +s�
<br /> �-Y_i..' ..y� .1. 'i u��� ly�" rw-v."'-_ . --. r � ^ ..:: -. ,...�.-.,-...._�.__�.____._
<br /> ����`K �vw+a...�'.�.:' . . . _. . ��n
<br /> '�;Y��k+�'*5?;
<br />_;��.::+1�.�,ri�
<br /> .. �,� � -
<br /> �.-.._
<br />-- �'���� � � 97- �16 308 �
<br /> . ...;i,,
<br />�=����,},��.��� Borrower agi'eas that this Assignment shall cover all future Leases,whether written�r verbal. _
<br /> " �� Borrower further agrees that it will riot,without the prior written consent of Lender, (a) �._
<br />'�^-�;�.:- --
<br />.-:�:.`=
<br />__ --; assign or encumber, or permit the assignment or encumbrance of, the Lcases (or any amounts -
<br /> •�".� collec:t rents or other sums under any Leases for a period
<br /> �. t�...� �-. . . accruing or paid ar payable thereunder),(b)
<br />.'?;..:�t_',;`
<br /> ,
<br /> ,-,r.•,,.
<br />_•�f� .*4;,�•�. further in advance than the cburent month,(c)agree to any waiver of any provision,term,condition,
<br /> �r ..
<br /> _ �•: ;'.•, ,
<br />;:;sr -�,
<br />-'-� ,J�; � covenant or requirenient of any Lease,or modify,amend or terminate,or permit the modificarion,
<br />��?��`;.`�:�;'�;:
<br />`��"'��""�"' arnendment or termination of,any Lease,to t he exten t t he s a m e w o u l d c o n s ri t u t e a m a t e ri a l a l t e r a t i o n
<br /> .. ,.., -
<br /> a-'•-,a,.:;,'�i.;;,
<br /> ''��`� �r� &om a standard form residency agreement and rate schedule approved by Lender,ar(d)do any othcr
<br /> � . act or omit to take any acrion which could result in the lien of the Deed of Trust or this Assignment
<br /> ; .. . being impaired. Borrower will diligently enforce in accordance with sound business practices the
<br /> ' � terms of the Leases.
<br /> =-'"� �•"�, Borrower further agrees that this Assignmcnt�iiay be�nfar:.cd by Lender an�sh�ll rPmain
<br /> ,g� .t.-:;ir,.
<br />-^...i.'.i.7�.�tj
<br /> '°'``�'��y�' in ftill force and effect so long as the Note or other oblig�tions secured hereby remain unpaid.
<br /> :y:.
<br />'�:��:.. �• :��'� --
<br /> 1„.,,,.:..
<br /> -�r- ..,� It is the intenrion of the parties that this instrument be a present and absolute assignment o
<br />-='":_����;��"
<br />...�,.�t�.Y'��.%
<br />__ ,�.,�;� the Leases and all rents and other sums thereunder;however,it is expressly understood and agreed
<br /> —=�'-'. .1';
<br />��=`�'�'"r.•��� by Borrower and Lender that Borrower reserves,and is enti4led to collect,the monthly rents as they
<br /> -.�I.�',r�
<br />-•�,t-.n�.��x,_�,.ai.��'—.�.
<br /> 'a�°•�;�"W accrue,but not prior to their accrual,under the 1,eases,anci to retain,use and enjoy the same unless
<br /> =:t...,�»
<br /> . .�� x,;'�..
<br /> �`��;,:,, ,. ` and unril the occurrence of an Event of Default pursuant ta(and as defined in)the Loan Agreement�
<br /> -- r•: � :
<br /> � or untit the violation of any term,condition or a�reement of this Assignment,each of wluch shall
<br /> �:�:�„�:_�
<br />:,�►�:'� constitute an "Event of Default" hereunder. Upon an Event of Default, Borrower's privilege to
<br /> ..:r�•:
<br /> � ��? collect the rents and other sums shall automatically terminate.
<br /> , r -
<br /> , � 3 =_
<br /> �I 49{�35.1 _-
<br /> � _
<br /> .1
<br /> , � . ,-a:anw -^---_.-._--'----^-,�iw.rr�i.'�F:A'iit•o.=...:...-- _ ._-- .
<br />. . � .u.. :.r'�;1f:4�7f.uiYii:Y+lw�+
<br /> �__.
<br />
|