|
2� 17� 1595
<br /> ASSIGNMENT �F RENTS
<br /> Loan Na: 'i��3�3 7 55 �Corltirlu�d} Page �
<br /> �uaranty. The ward "Guaranty" means the guaranty from guarantor, endorser, surety� ❑r accammadatian party ta
<br /> Lender, including withQut limitation a guaranty❑f alE or part of the Note.
<br /> lndebtedness. The ward "Indehtedness" means all princEpal, interest, and other amounts, casts and expenses
<br /> payabl� under the Note ar Related Do�uments, together with a�t r�newals ��, extensions vf, madifications of,
<br /> consvlidations ofi and substitutians for the N�te ❑r Related Documents and any amounts �xpended or ad�anced by
<br /> Lend�r to dis�harge Grantar's �bligatians ar exp�nses incurred hy Lender to enforce �rantor's abligations under
<br /> this Assignment, t�gether with interest on such amauntS as pro�id�d in this Assignment. Specifically, without
<br /> �Em€tatian, Indebtedness includes �he #uture advances set forth in th� Futu�e Advances pra�isi�n, tagether w4th all
<br /> interes� thereon and a�l amounts that may be indirectly s�cured by the Cross-Callat�ralization pr��ision of this
<br /> Assignment.
<br /> Lend�r. The word "Lender" means Fi�e Points Bank, its successors and assigns.
<br /> Note. The w�rd "Nate" means �he promissory nate dated March 14, 2��7, in the vriginal prin�ipal amount
<br /> �f $93,�'I 7.�'I from Borr�wer t❑ Lender, together with all renewais of, ex�ens�ons of, mfldifications ❑f,
<br /> refinancings of, consolidations af, and substi�utions far the pramissary note or agreement.
<br /> Proper#y. The ward "Property" means all of Grantor's right, title and interest in and t� a�l the Prvp�rty as
<br /> described in the "Assignment" s�ction of this Assignment.
<br /> Related Dacuments. The wards "Related Documents" mean all pramissory notes, credit agreements, loan
<br /> agreements, en�ir�rnmental agreements, gua�anties, security agreements, mottgag�s, deeds �f trust, security
<br /> deeds, callateral mort�ages, and aii ather instruments, agreements and d�cuments, whether n�w or hereafter
<br /> existfng, executed in connectian with the Indebtedness.
<br /> Rents. The word "Rents" means ali ❑f Grantor's present and future rights, titfe and interest in, to and under any
<br /> and all pres�nt and future leases, incfuding, withvut limitation, all rents, re�enue, in�ome, issues, rayalties,
<br /> bonuses, a�caunts recei�able, cash ar security deposits, ad�ance rentals, profits and proceeds from the Property,
<br /> and other payments and benefits deri�ed or tv be deriWed frflm such leases ❑f e�ery kind and na�ure, whether due
<br /> naw or later, including without limitation Grantor's right t❑ enfor�e such leases and to recei�e and �of�ect payment
<br /> and proce�d� thereunder.
<br /> THE UNDER5IGNED ACKN�WLEDGES HAVING READ ALL THE PRaVISIC}NS QF THIS A55lGNlVIENT, AND NOT
<br /> PERSDNALLY BUT AS AN AUTH�F�IZ�D SIGNER. HAS CAUSED THIS ASSIGNMENT T� BE SIGNED AND EXECUTED
<br /> �N BEHALF�F GRANTDR C3N MARCH 'i4, 2�17.
<br /> GRANT�R:
<br /> JEZS PRDPERTIES LLC
<br /> �. } ;�
<br /> gY: ��'�• - �'�� ��` �'""'��
<br /> CHRIST, H . �._RI�_AR,�S�N. Member of JE ERTIES LLC
<br /> �j ,,, ��
<br /> .. / • .�'F • = � �;. .
<br /> gy: �" �� �, .�4
<br /> :1� E �� RQS N, ember of JEZS PR�PERTfES LL�
<br /> �
<br />
|