My WebLink
|
Help
|
About
|
Sign Out
Browse
201504627
LFImages
>
Deeds
>
Deeds By Year
>
2015
>
201504627
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/21/2017 2:59:06 AM
Creation date
7/9/2015 1:51:26 PM
Metadata
Fields
Template:
DEEDS
Inst Number
201504627
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
15
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
��15�45�7 <br /> ��} Proceeds. Al� pro�eeds from the sale or other d�spositior� of the Leases, <br /> the Rents,the Lease Guaxanties ar�d the Bankruptcy Claims. <br /> �g� ��her. Al� r�ghts, pa�ver�, pr�vileg�s, optians and other benefits of <br /> B�rr�wer as lessor under the Leases and beneficiary under the Lease �uaranties, including <br /> withaut lim�tatron the imm�d�at� and cantinuing r�ght to ma1�e claim far, receive and collect a�l <br /> Rents payable ar receivable und�r the Leases and a11 sums payable under the Leas� Guaxanties ar <br /> pursuant theret� (and to appl�the same ta the payment o f the D ebt}, and to do alI other things <br /> which Borrower or any lessor is or may become entitled to d� under the Leas�s ar the Lease <br /> �uaranties. <br /> (h} E�. The right, at Lender's option, upon rev�catian of th� license <br /> granted here�n, to enter upon the Pr�perty �n person, by agent ar b� caurt-app�inted rec�iver, ta <br /> collect the Rents. <br /> (i� Pov�er of Attarne�r. Barrawer's irrevacable power af attorney, caup�ed <br /> with an int�rest, ta ta.l�e any and a�l af the actions set farth i.n S�ction 3.1 of this Assignrnent and <br /> any or a�l other actions designa�ed hy Lender f�r the proper management and preservation of the <br /> Proper�y. <br /> �j) �ther Ri�hts and A�reements. Any and all other rights of B orrower in <br /> and to the items set farth in subsections (a� thr�ugh (i} above, and al� amendments, <br /> madifi�ations,replacement�,renevvals and substitutions thereof. <br /> ARTICLE� -TERMS �F AS SIGl�TMEl�TT <br /> Secti�n�.1 Present Assx nm�nt And License�ack. It is intended by <br /> Borrower that th�s Assignrnent constrtute a pres�nt, absa�ute assignment of the Leases, Rents, <br /> Lease G-uaranties and Bankruptcy �laims, and not an assignm.ent far additianal security only. <br /> Nevertheless, subject to the terms of this Sectian �.1,the Restricted Accaunt Agreement and the <br /> Loar� �igre�ment, Lender grants t� Borrov�er a rev�cable liGens� t� callect, re�eivea use and <br /> enj oy th� Rents and �ther sums due under the Lease Guaranties and Borr��ver shall hold such <br /> Rents and all sums received pursuant to any Lease �uaranty, or a portion thereof suffic�ent to <br /> discharg� all �urr�nt sums due on the Debt, in trust for the benefit �f Lender far use in the <br /> payment �f su�h sums; prov�ded, how�ver, that the payment of�er�odic distributions e�press�� <br /> set farth in, and in the manner permitted under,Borrower7 s organizational documents prior to the <br /> occurrence and c�ntinuatian of an Event af Default sha��be permitted. <br /> S�ction Z.� Natice Ta Lessees. Barrov�er hereby auth�rizes and directs the <br /> lessees named in the Leases �r any other future lessees or accupants af the Property and all <br /> Lease Guarantars to pay over ta Lender ar to such �ther party as Lender dire�ts alI Rents and all <br /> sums due under any Lease Guaranties upon receipt from Lender of wrxtten notice to the effect <br /> that Lender is then the holder of this Ass�gnm�nt and that an Event of Default (as defin�d in the <br /> Loan Agreement� e�ists, and to continue so to do until otherwise notified l�y Lender. � <br /> Sect�on z.3 Incor �ration B Referen�e. All representafiions, vvarranties, <br /> covenants, Gonditions and agreernents cantained �n the Loar� Agreement and the �ther Loan <br /> _3.. <br /> 79582.000066 EMF US 562$8750�1 <br />
The URL can be used to link to this page
Your browser does not support the video tag.