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6. APPOINTMENT OF RECEIVER. In the event of a default, Lender shall be entitled, without notice, without bond, and without <br />regard to the adequacy of the collateral securing the Obligations to the appointment of a receiver for the Premises. The receiver <br />shall have, in addition to all the rights and powers customarily given to and exercised by a receiver, all the rights and powers <br />granted to Lender under the Security Instrument and this Assignment. <br />7. POWER OF ATTORNEY. Lessor irrevocably authorizes Lender as Lessor's attorney -in -fact coupled with an interest, at Lender's <br />option, upon taking possession of the Premises to lease or re -lease the Premises or any part thereof, to cancel and modify Leases, <br />evict tenants, bring or defend any suits in connection with the possession of the Premises in the name of either party, make repairs as <br />Lender deems appropriate and perform such other acts in connection with the management and operation of the Premises as Lender <br />may deem proper. The receipt by Lender of any Rents under this Assignment after institution of foreclosure proceedings under the <br />Security Instrument shall not cure any default or affect such proceedings or sale which may be held as a result of such proceedings. <br />8. BENEFICIAL INTEREST. Lender shall not be obligated to perform or discharge any obligation, duty or liability under the Leases <br />by reason of this Assignment. Lessor hereby agrees to indemnify Lender and to hold Lender harmless from any and all liability, <br />loss or damage which Lender may incur under the Leases by reason of this Assignment and from any and all claims and demands <br />whatsoever which may be asserted against Lender by reason of any alleged obligations or undertakings on Lender's part to perform <br />or discharge any of the terms or agreements contained in the Leases. Should Lender incur any liability, loss or damage under the <br />Leases or under or by reason of this Assignment, or in the defense of any such claims or demands, the amount of such loss, <br />including any costs and expenses to the extent permitted by applicable law, shall be secured by the Security Instrument. Lessor <br />agrees to reimburse Lender immediately upon demand for any such costs, and upon failure of Lessor to do so, Lender may <br />accelerate and declare due all sums owed to Lender under any of the Obligations. <br />9. NOTICE TO TENANTS. A written demand by Lender to the tenants under the Leases for the payment of Rents or written notice <br />of any default claimed by Lender under the Leases shall be sufficient notice to the tenants to make future payments of Rents <br />directly to Lender and to cure any default under the Leases without the necessity of further consent by Lessor. Lessor hereby <br />releases the tenants from any liability for any Rents paid to Lender or any action taken by the tenants at the direction of Lender after <br />such written notice has been given. <br />10. INDEPENDENT RIGHTS. This Assignment and the powers and rights granted are separate and independent from any <br />obligation contained in the Security Instrument and may be enforced without regard to whether Lender institutes foreclosure <br />proceedings under the Security Instrument. This Assignment is in addition to the Security Instrument and shall not affect, diminish <br />or impair the Security Instrument. However, the rights and authority granted in this Assignment may be exercised in conjunction <br />with the Security Instrument. <br />11. MODIFICATION AND WAIVER. The modification or waiver of any of Lessor's obligations or Lender's rights under this <br />Assignment must be contained in a writing signed by Lender. Lender may perform any of Lessor's obligations or delay or fail to <br />exercise any of its rights without causing a waiver of those obligations or rights. A waiver on one occasion shall not constitute a <br />waiver on any other occasion. Lessor's obligations under this Assignment shall not be affected if Lender amends, compromises, <br />exchanges, fails to exercise, impairs or releases any of the obligations belonging to any Lessor or third party or any of its rights <br />against any Lessor, third party or collateral. <br />12. NOTICES. Except as otherwise required by law, any notice or other communication to be provided under this Assignment shall <br />be in writing and sent to the parties at the addresses indicated in this Assignment or such other address as the parties may <br />designate in writing from time to time. <br />13. SEVERABILITY. Whenever possible, each provision of this Assignment shall be interpreted so as to be valid and effective <br />under applicable state law. If any provision of this Assignment violates the law or is unenforceable, the rest of the Assignment shall <br />remain valid. <br />14. COLLECTION COSTS. To the extent permitted by law, Lessor agrees to pay Lender's reasonable fees and costs, including, <br />but not limited to, fees and costs of attorneys and other agents (including without limitation paralegals, clerks and consultants) <br />whether or not any attorney is an employee of Lender, which are incurred by Lender in collecting any amount due or enforcing <br />any right or remedy under this Assignment, all whether or not suit is brought and including, but not limited to, fees and costs <br />incurred on appeal, in bankruptcy, and for post - judgment collection actions. <br />15. MISCELLANEOUS. <br />a. A default by Lessor under the terms of any of the Leases which would entitle the tenant thereunder to cancel or terminate <br />such Lease shall be deemed a default under this Assignment and under the Obligations and Security Instrument so long as, <br />in Lender's opinion, such default results in the impairment of Lender's security. <br />b. A violation by Lessor of any of the covenants, representations or provisions contained in this Assignment shall be <br />deemed a default under the terms of the Note and Security Instrument. <br />c. This Assignment shall be binding upon and inure to the benefit of Lessor and Lender and their respective successors, <br />assigns, trustees, receivers, administrators, personal representatives, legatees, and devisees. <br />d. This Assignment shall be governed by the laws of the state indicated in the address of the Premises. Unless applicable law <br />provides otherwise, Lessor consents to the jurisdiction of any court selected by Lender in its sole discretion located in the <br />state indicated in Lender's address in the event of any legal proceeding under this Assignment. <br />e. All references to Lessor in this Assignment shall include all persons signing below. If there is more than one Lessor, their <br />obligations shall be joint and several. This Assignment represents the complete and integrated understanding between <br />Lessor and Lender pertaining to the terms hereof. <br />16. JURY TRIAL WAIVER. LENDER AND LESSOR HEREBY WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY CIVIL ACTION <br />ARISING OUT OF, OR BASED UPON, THIS ASSIGNMENT. <br />17. ADDITIONAL TERMS. <br />LESSOR ACKNOWLEDGES THAT LESSOR HAS READ, UNDERSTANDS, AND AGREES TO THE TERMS AND CONDITIONS <br />OF THIS ASSIGNMENT. <br />DATED•Deramher 10, 9n14 <br />LESSOR: LESSOR: <br />Rojean Feldman <br />LESSOR: <br />py- <br />Bryce Feldman <br />LESSOR: <br />LESSOR: <br />LESSOR: <br />201407884 <br />cca126p2 (3/01) Page 2 of 3 <br />