|
� ��14��1��
<br /> ASSI��MENT(lF LEAS�S A�D RE�TS
<br /> THIS ASSIGNNIENT �F I�EA�ES AND RENTS �this "Assigrnm�nt") ma.�e
<br /> as of this 7 da�r of April, 2�14,by LINEA�E NE �RAND ISLA�D RE,LL�, a De�aware
<br /> limited liability compan�, hav�ng �ts principal p1a�e �f business at clo L�r�eag� L�gistics, LLC,
<br /> 217�Q Barton Road, �olton,� California 923�4 �"Ind.i�idua� B�rrower") ta ��]LUMN
<br /> FINAN�IAL, IN�., a I]elaware corp�ra��on, as .assi�nee, having an address at �1 Mad�s�n
<br /> Av�nue, New Y�r�C, N�w Yarl� 14���, a,r�d �LDN�AN SA�HS Mt]RTGA�E C��VIPAN'Y,
<br /> a New York limit�d part.n�rship, havir�g an address at 2�D �est Street, New York, Ne�v Yor�
<br /> 1 U282 �together w�th�a�h of their suc�ess�rs and pernzitt�assigns, co��ect�ve�y"I1�nder"�.
<br /> WITNESSETH:
<br /> ��������_�
<br /> � �'VHEREAS, this Assignment is gi�ren in connection with a �oa,n in the ariginal
<br /> principal sum of$�55,��4,��� (the "Loan"} ad�ar�ced pursuant to that certain Laan Agreement,
<br /> dated as af the date hereof, bet�veen Indi�it�ual B�rrower and the ��her borrowers party th�reto
<br /> [co�tect��ely, "Borrowez"} and Lender (as the same may hereaf�er be amended, r�stated,
<br /> r�p�aced, suppl�m�nted, renev�ed, extend�d or o�h�rwise rn�dif�ed fr�m tirr�e ta ti.me, the"�oan
<br /> Agreemen#"] and evidenced by �i} that certain Pr�m�ssory Note, dated as of th� date �ereaf,
<br /> made by Borrower in fa�or of�olumn Financial,Inc. a.r�d�ii}that��rtain Prorr�issory Note, dated
<br /> a�s�f the date h�re�f, made by Borrower in favor of�oldman Sachs M�rtgag�Compa�y�as�a�h
<br /> �f the same may hereaf�er be amende�i, restated, rep�aced, 5upp�e�mentet�, renewe�i, extendeti or
<br /> �ther��se m�d�fied from t��ne to t��ne, �o�lectively, the "�Nate"}. �apita�ized terms used h�rein
<br /> but not otherwise d�fined herein sha�l ha�e the meanings t�erefor se� forth in the Loan
<br /> Agreement;
<br /> �VHEREAS, Ir�di��dual Borrawer desires tv s��ure the payment of#he Debt and
<br /> the pe�rfarmar�ce of all of its ob��gations under the Note, the Loan Agre�mer�t and t��other L�an
<br /> I]ocuments; a�d
<br /> �V4�HEREAS, this Ass�gnment is gi�en pursuant to the Loan A�reem�r�t, ar�d
<br /> �ayment, fu�fi.�lment, and perforrnance by Individual �3ortower of its obligations t�her�under and
<br /> under the other Loan D�cuments is se�ured hereby, and eac�i and�very term and provxs��n of the
<br /> Loan Agreement and th�Nate,inc�uding th�nghts,remedies, ot�ligati�ns, �a�enants� C411C�1t1U�'l5s
<br /> a�,r�ements, indernniti�s, representations and warrant�es therein, are hereby incorporated b�
<br /> refer+�r�ce herein as�hough,set f�rth in fuli and shal�be c�nsidered a pat-t�f this Ass�gnmer�t. �
<br /> N(�'V�THEREF�RE, in�onsideration af t,h�mal�ing of the Loan by Lender and
<br /> the�a�enants,agree�rnents,repres�ntati�ns and v�rarrar�ties set forth in this Assig�ameri�:
<br /> ARTI�LE I
<br /> ASSIGNMENT i
<br /> Se�tion 1.1 pro�ert�Assi�n.ed. Ir�dividual Borrower hereby absolute�y and
<br /> ��mm�� iiiw�r�rr.
<br /> uncanditianally assigns ar�d grants ta L�nder the foliowing propexty, r�ght�, interests a�nd�states,
<br /> 1073�57.�2-NYC5RD3A-MSW
<br />
|