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��1 5��834
<br /> I�S�IGIVMENT �F RENTS
<br /> " Pa e 6
<br /> Loan Na: ��'[�9U'144 ���ntinue 9
<br /> De�ault. Th�word "De�ault" means the D�fault set farth in this Assignment in the section titled "De�ault".
<br /> E�ent vf Defauit. The words "E�ent of❑efauft" m�an any ofi the e�ents �f default set forth in this Assignment in
<br /> the d��auft section of this Assignment.
<br /> Grantvr. The wo�d "Gran1:or" means VIlING EMPlRE, INC,.
<br /> Guaranty. The ►rvord "�uaranty" means the guaranty from guarantor, endorser,surety, or accammodation party to
<br /> Lender, including withvut�imit�tion a guaranty of alf or part af the No�e.
<br /> ind�btedness. The word "lndebtedn�ss" means a!I principal, interest, and ❑�her amounts, C�5�5 and exp�nses
<br /> payable under the Nate or Related ❑ocum�n�s, toge�her with a!I renewa�s of, extensions of, modificativns of,
<br /> cansolidations o�and substitutions for the N�te or Related ❑ocurnen�s and any amvunts expended or advanced by
<br /> �ender to discharge �rantor's abligatians �r expenses incurred by Lender �o enf�rc� Grantor's obligations under
<br /> this Assignment, tvgether wifh interest an such amaunts as provided in th�s Assignmenfi. Specifically, without
<br /> limifiation, Indebtedness includes �the �uture advances se� f�rth in the Future Ad�ances pro�ision of this
<br /> Assignrnen�,toge�her�r�r�th all interest�hereon.
<br /> Lease. The word "Leas�" means �he lease o� the Praperty dated Septern�er 1, 2015, between Landlvrd, as
<br /> defined in Related Docurnents, and �ran�or.
<br /> Lender. The ward "Lender" means F�ve Points Bank. its�uc�ess�rs and assigns.
<br /> Note. The word "fVo�e" means th�promissory nvte dated�ctober�, ���5, in the ori�inal p��ncipal amaunt
<br /> of $'���,���.�� from Barrower to Lender, together w��h all renewals o�, ext�nsians of, modifications Qf,
<br /> refinancings of.consolidations of,and substitu�ions�ar the pramissory note or agreement. �
<br /> Property. Th� word "Property" means all of Grantflr's righ#, fiitle and interest in and to all �he Prop�rty as
<br /> described in the "Assignmen�" section af this Assignmenfi.
<br /> Rela�ked ❑vcuments. The words "Related Documents" mean all prom�ssory notes, cred�t agreements, laan
<br /> agreements, en�iranmental agr�ements, guaranties, securi�y agreements, mortgages, deeds o�F trust, security
<br /> deeds, co�lateral m�rtgages, and all �the� ins�ruments, agreements and docum�nts, whether now or hereafter
<br /> existing,exeGuted in connection wi�h the Indebtednass.
<br /> Rents. Th� word "Rents" means all ❑f�rantor's present and future rights, �it�e and interes� in, ta and und�r any
<br /> and a1� pr�s�nt and futur� leases, including, without limitation, a1� ren�s, r�venue, income, issues, royal�ies,
<br /> bonuses, accaunts recei�able, cash or security deposi�ks, ad�an�e rentals, prafi�s and proceeds fr�m th� Praperty,
<br /> and a�her payments and benefits deri�ed ❑r to �e deriWed fram such I�ases of every kind and nature, whether due
<br /> now or later, including with�ut�imitati�n Grantar's right�o enforce su�h leases and ta receive and collect payment
<br /> and proceeds thereunder.
<br /> THE UNDERSI�NED ACElN�'UIILEDGES H�4V�N� READ ALL THE PR�VISIONS �F THiS ASSIGNiUIEIVT, AND N�T
<br /> PER�aNALLY BUT A5 AN AUTHaRIZED SIGNER. HAS CAUSED THIS ASSIGNfVIENT T� BE 51GNED AN❑ EJCE�CJTE❑
<br /> �N�EHALF�F GRANT�R�N��T�BER 2,247 5.
<br /> GRANTOR:
<br /> WlING EIV�P . NG.
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<br /> DEAN R PEGG, Vice President af W�N� EMPIRE,INC.
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<br /> AM�S RNS�N, President of WING EMPIRE. INC.
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