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201508168
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201508168
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Last modified
7/21/2017 2:04:52 PM
Creation date
12/2/2015 9:02:11 AM
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DEEDS
Inst Number
201508168
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2� 15�81 �8 <br /> (h� Ass�gr�or shal�, at its sole cost and e�pense, appear in and def�nd any and all <br /> actions and proceedings ar�sing under,relating to ar in any manner connected vvxth an�L�ase or <br /> the obligations,duties ar liabilities of the lessor or any Tenant�r guarantor thereunder,and shall <br /> pay al1 costs and e�penses of Assignee, in�luding c�urt casts and attorne�s' fees, in an� such <br /> action or proceedir�g in�which Ass�gnee may appear; <br /> �i� Assign�r sha�1 give notice within t�n�1��Business Days of Assignor's receipt to <br /> Assigne�of ar�y natice�f any mat�ria�default�n the par�of the lessor vvith respect to any L�ase <br /> rece�ved from an�Tenant or guarantor thereunder; <br /> �j� Assxgn�r shal�not permit any af the Leases to become subordinate to any lien or <br /> �xens oth�r than �xens s�curxng the inde�tedness secured hereby�r liens far general real estate <br /> ta��s not delin�uent; <br /> �k} Intentiana��y�mitted; <br /> (�� Assignar shall furnish to Asszgnee,w�thin ten�1��Business Days after a request <br /> by Assignee ta do so, a vvritten statement containing the names of al�Tenant and subtenants of <br /> the Prnp erty, or any p art there o f; <br /> (m� Assxgnor shal�exercise,v�r�thin ten�1��Business Days after a request b�Assignee <br /> to do sa, any r�ght to request from the Tenant under any Lease a certif�cate or estappe�af�davit <br /> �r�th resp�ct to the status af said Lease; and <br /> ��.� Ir� the ev ent that any T�nant under any Leas e i s ar b e c ome s the subj e ct �f any <br /> pr�ceeding ur�der the Federal Bankruptcy C�de, as amended from time to tin�re� or an� other <br /> federal, state, ar local statute �which pravides for the possible termination or rej ecti�n of the <br /> Leases assigned hereby,Assignar covenants and agrees that if any such Lease is so terminated or <br /> rej ected,r�o settlement f�r damages sha11 b�made without the prior vvritten c�nsent of Ass�gn�e, <br /> and any checl� in payment of damages for termination or rej e�ti�n of any such Lease wx�� b� <br /> made payable both to Assignor and Assigne�. Assignor hereby assigns ar�y such payment ta <br /> Assignee and further cav�nants and agrees that upon th�requ�st of Ass�gr�.e�,it wi1X du�y endorse <br /> to the order of As�ign�e any su�h check, the proce�ds of vvhxch wz�� be app��ed xn a�cordar�ce <br /> v�ith the pra�isions �f Section 5 beloW. <br /> 3. Rz hts Priar ta I]efau�t. So long as n�Event of Defau�t ex�sts,Assxgnee sha�l nat demand <br /> from Tenants under th�Leases or any other person liable thereunder,any of the r�nts,issues,income and <br /> profits assigned hereunder, and Assxgnar sha�l have the r�ght ta �o��ect at the time, but not m�re than <br /> thirty �3�� days in advance of�he date provided for the payrr�ent there�f, all rents, issues, income and <br /> prof�ts ass�gn�d hereunder, and to re�a�n, use and enj oy the same. After an Event�f Default,Assignee <br /> shall have th� right to not�fy the Te�7ants under the Leases of the e�istence af this Assignment at any <br /> txm.e. <br /> 4. Events af Default.Tl�e occurre��ce of any one or more of the foll�w�ng shall c�nstitute an <br /> "Eve��t of Default" for purpases of t]-��s Assi�nl»ent: <br /> 5 <br /> 34����zv4��4�7�-004� <br />
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