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200102662 (c) cancel, enforce or modify the Leases, fix or modify Rents, obtain or evict Tenants, and do any acts which Lender deems proper to protect the assignments hereof, (d) make written demand on the Tenants for payment of all present and future Rents directly to Lender, and file with the Recorder of Deeds in the County where the Premises are situated a notice of default with instructions for the payment of Rents to Lender; (e) institute and carry on all actions and proceedings deemed necessary for enforcement of the Leases and the recovery of all Rents and/or possession of all or any portion of the Premises. Lender may in its own name, demand, sue, or otherwise collect and receive all Rents, including those past due and unpaid, with or without taking possession of the Premises (either actually or through a receiver); (f) apply such Rents to the payment of (i) all reasonable expenses of managing the Premises, including, without limiting the generality of the foregoing, the salaries, fees and wages of a managing agent or receiver and such other employees as the Lender may deem necessary or desirable, and all expenses of operating and maintaining the Premises, including, without limiting the generality of the foregoing, all taxes, charges, claims, assessments, utilities, water rents, sewer rents, insurance and any other expenses which the Lender may deem necessary or desirable, and the cost of all alterations, renovations, repairs or replacements to the Premises, and all expenses incident to taking and retaining possession of the Premises, and (ii) the principal sum, interest and indebtedness secured hereby and by the Loan Documents, together with all costs and attorneys' fees, in such order of priority as the Lender in its sole discretion may determine, any statute, law, custom or use to the contrary notwithstanding; (g) take or release other security for the Obligations, may release any party primarily or secondarily liable therefore, and may apply any other security held by it to the satisfaction of such Obligations without prejudice to any of its rights under this Assignment; (h) take any and all actions necessary and proper to assign, convey or sell all right, title and interest of Lender in and to all of the Leases and Rents, to any person or entity, either in connection with a foreclosure on the Premises or otherwise; (i) give notice of Default to Assignor, and thereafter Assignor shall hold all further Rents received solely for Lender and shall forthwith account for and 1048116.2 6