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2� 15�81 �8 <br /> this Ass�gnment �n order to secure the promp� payment and performance �as appl�ca��e� of the Secure�i <br /> �bligations. <br /> N�W, THEREF�RE, F�R ���D AND VALUABLE ��NSIDERATI�N, including the Loan <br /> herein rec�t�d and the trus�h�rein created,the receipt and suff�cier�cy af vvhich are hereby ac�rioWledged,and <br /> t�secure the prompt pa�rment�when and as due and payable�and perf�rmance(as applicable�of the Secured <br /> �bligations, Assi�n.or does hereby �rrevocah�y and un�onditior�a�ly GR.ANT, �ARRANT, SELL, <br /> ��NVEY, TRANSFER, M�RTGA�E AND ASSI�N to Assignee, a1� of the rxght, t�tle and interest of <br /> Ass�gnor in and to: (i} al� of the rents, �ssues and prof�ts af and from the real proper�y�egally describ�d on <br /> E�.h�b�t A attached heret� and made a part hereof �the "Prope�ty"�; (i�� all leas�s and sub�eases (the <br /> "Leases"} novv or hereafter e�isting on a�� or any part of the Property �v�hich term �ncludes, but i� not <br /> Iim�ted to,those particular L�ases �f the Property effective as �f the date hereof�the "�Lxisting Leases"��; <br /> �i�i� a�� rights ar�d claims for damage against tenant� under the Leases (each a "Tenant"� ari.sing �ut of <br /> defaults under the Leases, in�luding rights to �ompensation wzth r�spect to rej ected Leases pursuant to <br /> Sect�on 3�S�a}of the Fed�raX Bar�kruptcy Cade or any rep�acement Sect�on thereof;and�i��all ofAssignor's <br /> int�rest�r�any t�nant improvements and fi�tures �ocated an the Prap�r��. <br /> AND AS�I�N�R HEREBY��VENANTS,A�REES,REPRESENTS AND�A TS AS <br /> F�LL��S: <br /> 1. Re resentatxons and �]L�arrantxes Df A551 �r. Ass�gn�r represents and warrants to <br /> Assxgnee that: <br /> (a) Th�s Assignment, as e�ecuted by Ass�gnor, constitutes the lega� and binding <br /> �b�igation of Assign.or enfor�eable x�.accordance w�th its terms and provisi�ns; <br /> (b� Assignor is the 1�ss�r under the E�.ist�ng Leases and�s or v�ill b�the less�r under <br /> a11 Leases,ir�ea�h case either d�rectly or as su�cessor in interest to the named�ess�r thereunder; <br /> �c� Assignor has not h�retofor�made an�ather assignment�f its�ntire ar any part of <br /> its interest in ar�d to an�or aX� of the Leases, ar any�r all af the rents,issues, inc�me or prof ts <br /> assxgned hereunder or entered into any agre�ment t�subardinate an�of the Leases,or Ass�gn�r's <br /> right to recezve any of the rents, �ssues, income or pr�fits ass�gned her�under; <br /> �d� Assignor has not heretofore exe�uted any instrument or perfQrmed any act v�vhxch <br /> may or mxght prevent Asszgnee frarn operat�ng under any of the t�rms and provisions h�reof or <br /> which vvauld�imit Assignee in su�h aperat�on; and <br /> �e� To the best of Assignor's kn�v�ledge, na Tenant is in d�fault ur�der any Lease. <br /> �. �ovenants of Assx or. Assi�nor covenants and agr�es that so long as this Asszgnment <br /> shal� be in effect: <br /> �a} Assignor sha�I n�t e��ter i1��o ar�y Major Lease for aIl or any portion of the <br /> Property�ithout the pr�or vvr�tten reasonable�onse��t af Assign��.If Lender's con�ent�s required <br /> 3 <br /> 34��zzz�4r24��1-oa4� <br />