Laserfiche WebLink
��1 5�681 � <br /> ASSIGNMENT �F RENTS <br /> {Continu�d} Page 3 <br /> Indehtedness. The word "fndehtedness" means aii princ�pal, interest, and other amounts, costs and expenses <br /> payab�e under the Nate or Related Dacuments, together with all renewa�s of. extensions of. modifi�ations o�, <br /> conso�idations af and suhstitutions fvr the Nate or Related ❑ocuments and any amaunts expended ar advanced hy <br /> Lender to discharge Grantor's obligations or expens�s incurred hy Lender tv enfarce Grantor's vbliga#�ans under <br /> this Assignmen#, together with interest an such amounts as pra�ided in this Assignment. Specifically, with�ut <br /> limitation, indebtedness includes the future ad�ances set forth in the Future Ad�ances prv�isian, together with all <br /> interest thereon and all amounts that may be indirectly secured �y the Crvss-Collateralization prv�isivn af this <br /> Assignment. <br /> Lender. The word "Lender" means PINNA�LE BANK, its successors and assigns. <br /> Note. The word "Note" means THE PRaMISS�RY N�TE[S} aATED SEPTEMBER 3�, 2�15, IN THE �RIGIhfAL <br /> PRINCIPAL AM�UIVT�Sy DF $1,36�,D4�.�� FR�M H PROPERTIES OF �RAND ISLAND, LLC, AN❑ THE <br /> PR�MISS�RY N�TE[5} DATED JULY 17, ��15, �N THE �RlGINAL PRINCIPAL AMOUNT{5y �F $1,�$�,D��.DD <br /> FR�M H P�i�PERTIES �F FREM�NT, LL�, $f4�,0��.D� FROM H FITNE55 �F FREMONT, LLC AND $395,Q�fl.Dfl <br /> FRQM H FITNESS DF N�RFaLK, LLC T� LENDER, T�GETHER WITH ALL RENEWALS OF, E}CTENSIQNS �F, <br /> M�DIFICATI�IVS �F, REFIiVANCI[VGS �F, C�NS�L��ATI4NS QF, AND SUBSTITIJTl�NS FDR THE PRqMlSSDRY <br /> N�TES�S} �R AGREEMENT�S). <br /> Property. The word "Property" means all of Grantor's right, title and interest in and t❑ a11 the Property as <br /> descrihed in the "Assignment" section❑f this Assignment. <br /> Related Do�uments. The words "Related Dv�uments" mean all prvmisso�y nvtes, credit agreements, laan <br /> agreements, en�iranmental agreements, guaranties, security agreements, martgages, deeds af trust, security <br /> deeds, collateral mortgages, and all other instruments, agreements and dacumen#s. whether naw ❑r hereafter <br /> existing, executed in connection with the Indebtedness. <br /> Rents. The word "R�nts" rneans all of Grantar's present and future rights, title and interest in, to and under any <br /> and all present an� future I�ases, including, without limitation, all rents, re�snue, income, issues, rayalties, <br /> bonuses, accaunts recei�ahfe, cash or security depvsits. advance rentals. profits and proceeds from the Property. <br /> and ❑th�r paymen�s and henefits deri��d or to he deri�ed �rom such leases of e�ery kind and nature, whether due <br /> now or later, including without limitation Grantor's right ta enfvrce such leas�s and to receive and cvlle�t payment <br /> and proceeds thereunder. <br /> THE UNDERSIGNED ACKN�INLEDGES HAVING READ ►4LL THE PR�VISI�NS �F THIS ASSIGNMENT, AND N�T <br /> PERS�NALLY BUT AS AN AUTH�RIZEa 51GNER, HAS CAUSE� THIS ASSIGNMENT TC] gE SIGFVED AND EiCECUTED <br /> DN BEHALF�F GRANTQR�N SEPTEMgER 3�, 2�'!�a. <br /> GRANT�R: <br /> H PROPERTIES nF GRANa ISL D, LLC <br /> By: - <br /> - ANfUEL HEINEIVIAN. Member & Manager of H PRCyPERTIES �F <br /> GRAND 15LANQ, LLC <br /> L�MITED LIABILITY ��MPANY A�KNDINLEDGMENT <br /> ST►4TE�F S� } <br /> �SS <br /> CDUNTY�F � � ] <br /> � <br /> an this day vf , ZD� , befvre m�, the undersigned <br /> Notary Public, persanally appeared SA INEMAN, Memher & Manager of H PR�PERTIES �F GRAND ISLAND. <br /> LLC. and known to me t� be member or designated agent ❑f fhe limited liabiiity c�mpany that executed the <br /> ASSIGNMENT �F RENTS and acknawl�dged th� Assignment to be the free and �vluntary act and deed of the limited <br /> I�ability company, by authority of statute, its arti�les ❑f arganixation ar its aperating agreement, for the uses and <br /> purposes therein mentioned, and vn oath stated that he or she is autharized t❑ execute. ' signment and in fact <br /> executed the Assignment on behaif❑f the lirn�ted Ciahility c�mQany. <br /> B <br /> Printed Na e: ������!� �.� <br /> ��+[-$t����� Nvtary Puhlic in a for the State of ��� <br /> �'�-� �1sT�� . . �' � <br /> ��'�'� �����T Residing at <br /> ����� M ��mmissian ex i�es "� �� 2�1 <br /> Y P <br /> Las�rPro. Ver. 15.4.11.4�7 Copr. D+H USA Corporatton 1997, 2�15. All Rights Reser�ed. - NE <br /> L:1CFl1LPL1G14.FC TR-119953 PR-125 <br />