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201508058
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Last modified
7/21/2017 2:02:18 PM
Creation date
11/24/2015 1:06:39 PM
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DEEDS
Inst Number
201508058
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2� 15�8�58 <br /> M�rtgage, under the Loan Agreement, ar under any�ther S ecurity Instrumen�, <br /> at lavv, in equ�ty or under statute novW andlor at the t�me of e�ercise thereof, <br /> e��n though such rights and remedies w�re not availabl�on the date first abo�e <br /> written, ar�d all such r�gh�s and remedies may be exercised at any tim� and <br /> from time to time concurrently, separately, successively and in any order of <br /> preference, at the Lender's sole discretion. <br /> S. Successors and Assi ns. The�avenants and agreements herein conta�ned shal� <br /> bind, and th� rights hereunder sha�l inure to, the respective heirs, executors, <br /> administrators, pers�nal representat�ves, Iegal representati�es, successors and <br /> permitt�d assigns of the Borrower and the Lender; provided, howev�r, that <br /> nothzng in this section is intended to be or shall be�onstrued as a waiver of the <br /> rights of�he Lend�r under the Mor�gage. <br /> 9. Resor� to Remedies. All rights and remed�es here�n conferred may be <br /> exercised whether or not forecl�sure proceedings are pending under the <br /> Mortga�e. The L�nder sha11 not be required to resort first to the rights under <br /> thi s As signment or o f the Mortgage before resar�ing ta �he ri ghts o f the other, <br /> and the Lender may e��rcise th� rights under this Assignm�nt and under the <br /> Mor�gage concurrently or independently and in any arder af preference, a11 <br /> rights and remedies of the Lender set forth herein, in the Note, in the <br /> Mortgag e, in the Lo an Agreement, in the�ther S ecur�ty Instruments, at law, in <br /> equity, under statute and by contract being �umulative. No failure by the <br /> Lender �o avail itself of any of the terms, covenants or conditions of this <br /> Assignment for any period of time shal� be deem�d ta constitute a wa�ver <br /> thereof. The Lender shall have the right to assign the Borrower's rights, title <br /> and interests in, to and under any Leases and in and tio the R�ntals to any other <br /> or subsequent hold�rs of the Note or any participant therein, or to any person, <br /> par�y or enti�y which acquires title to the Mortgaged Premises through <br /> forec�osure_or otherwise, and any such assignees sha11 ha�e al� of the righ�s, <br /> remedi�s and powers pr�vided to the Lender herein. A�I words and phrases <br /> us�d herein shall be construed t� include�he sir�gular or plural number and the <br /> masculine, feminine or neuter gender, as may be appropria�e under the <br /> circumstances. <br /> 1�. Defined Terms. All capitalized terms not�therwise defined in this Assignrnent <br /> shall have the meanings given to them in the Loan Agreement. <br /> 1�. Notic�s. Ar�y notice demand, c�nsent, approval, request, or other <br /> communication or document required or perm�tted to be given by a par�y <br /> hereto to another party shall be deemed to have been given when �i} delivered <br /> personaliy �With written confirmation of re�eipt}; (ii� s�nt by te�efacs�mile t� a <br /> fa� number as designa��d in writing by the party to wham the communicatian <br /> is addressed �tivith written canfirmation of rece�pt�, provided that a <br /> confirmation c�py also is promptly mailed by certif ed mail, return re�eipt <br /> 8 <br />
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