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<br /> ^ ° ' '"°''� 8. TcrmWntion oi Assigoment, Fayment oi Rent. Upon pAyment in full of the ��
<br />-�7�,j'� principal sum, lnterest and indebtedness Aecured hereby and by the 5ecurity Instntmcnts. this
<br />��� Assiqnment shall become null and be void and of no effect, but the affidavit.certificate, lettcr or _
<br /> .�-�-�--:, .
<br />-"�' . � statement of any officer�ageat or attorncy of Assignec showing any part of sald pr9ncipa1, interest �
<br /> . or indebtedness to ramain unpaid shall bc and constitute conclusive evldence of the validiry, _,
<br /> � � .�� effecdveness and continuing force of this Assi�ment and t�y person may,and is hereby authorized _
<br />-:�`'�'�.c'!s:'` co.rely thereon. Assignor hereby authorizes and directs the lessee namad in the Lease or any other _
<br /> :;���'�� � or future lessee or o�cupani of the premises descrlbed therein oz in the Deed of Trust, upon receipt
<br /> ,.•, � �
<br /> ' �' � �' ' from Assignee of written norice to the effect that Assignee is then the holder of the Note anci _
<br /> " Securiry Instruments and that a default exists thereunder or under this Assignment,to pay over to �
<br /> '�����'�� .' Assigmee all rents, income. contract rights. issues, security deposits and profits arising or accruing
<br />�-���Yi� � under tke Lease or from the premises described therein or i�i tue Deed of Trust and to continue to -
<br />-�''�'`�'''' do so untilotherwise notified b Assi nee.
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<br /> '`�� ����';•• 9. Assignee's Right to Deal With Securtty. Assignee maY take or release other
<br /> - - security for the payment of the principal sum, int�rest and other inrlebtedness secured hereby and
<br /> =�':�'���� by the Security Instnunents,may release any party primarilY or secondarily liable therefor and may
<br /> �,,;�, '
<br /> f' apply any other security held by it to the sadsfacdon of such principal sum,interest or indebtedness
<br />.�';�.�'ra.�;;.: without prejudice to any of its rights under this Assignment.
<br /> , _� .� :.
<br /> '',���o:..��- � i3. Cruss Leiaui�. nreact-�af any ierm, cu:�ensni, or c.on�iitinn herein contained bY .
<br /> y�`�"-�����'� ; Assignor ahall likewise consdtute a default under the Note and each of the Security Instruments,and
<br />.��-e��in��.
<br /> 9far.4 }+�t�� a default under any of said documents shall constitutc a default hereunder.
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<br /> ` "��.������ il, No Waiver. Nothing contained in this Assignment and no act done or amicted by
<br />,�:�'��;,�;�;` Assignee pvrsuant to the powexs and rlghts granted it hereunder shaU be deemed to be a waiver by
<br />•y`��� ��. � Assignee of its rights and remedies under the Note and Security Insmiments; this Assignment is
<br /> :�•�"'�''��� made and accepted without prejudice to any of the rights and remedies possessed by P.ssignee under
<br /> "- .....:..
<br />-`=�'�:�.� � the t�rms of the Note ana Security Instruments. The right of Assignee to collect the principal sum�
<br />-- -_�:�.-
<br /> `"� �-- interest, and otl�eer indebtedness secured hereby and by the Security Instruments and to enforce any
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<br />- ^-r�=�='�.-�� other security therefor held by it may be exercised by Assignee either prior to,simulcaneously w� ,
<br />'"�:�'�;��� or subsequent to any action taken by it hereunder.
<br /> �;` �`��.��:
<br /> �� r -� i2, Conflict Wit!�Dee�1 of T�-ust. In the case of any con�lict between the terms of this
<br /> :��.'::��^.s�.
<br />� - . instrument and the terms of the Deed of Trust,the terms of this Assignment shall prevail.
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<br /> �•r��� .. 13. Severabllity. If any provision of this Assignment or the application ihereof to any
<br /> .�:�.,:,
<br /> �<•' .: . entity,person or circumstanre shall be helcl to be invalid,illegal or unenforceable in any respect,
<br /> ' � the remainder of this Assignm�nt and the application of such provision to other entities,persons or
<br /> .��+ circumstances shall not be affected thereby and shall be enforced to the greatest extent permitted by _
<br /> , ; law.
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<br /> � Assignment otLessor't Interat In I.eata(N8) pAa$6
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