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r <br />1 <br />89. 100517 <br />Is <br />(b) Loan Wcume; ts' <br />A Default under this Assignment shall be a <br />default under each and every one of the Loan <br />Documents. <br />(c) Remedies. <br />In addition to any and all remedies. contained <br />in the Loan Documents, in the event of a <br />00faul.t, Lender shall, and without regard to <br />the adequacy of the 6e6trity _ for the. <br />,indebtedness and obl.i tion secured by • this <br />Asis-ag .ent ant ,by the . i ;�c=Ments,, eith�ea <br />'a► . pardon or..:br. . .its ;ctg t; . and with or <br />without bringinzg ?.iiy action or pro�eRzidinq at <br />obtaining a receiver appointed by- a court, <br />and without notice to or demand on Borrower, <br />and without releasing Borrower from any <br />obligations under this Assignment, have the <br />following rights and remedies: <br />(i) to receive all rents, income, <br />liabilities and other amounts <br />arising or accruing under the <br />Leases or from the Property and <br />to so continue until Borrower is <br />otherwise notified by Lender; and <br />(11) to collect, sue fbr, settle, <br />COMPrnMise and <br />- tj .a Uanuus <br />for all of the rents and other <br />Payments that may become due - <br />Under the Leases and avail Lender <br />erf . and. pursue all remedieit - for <br />`tae enforcement of the L.easas..and <br />- Sckrower l s sights in..', aifc . render <br />the Leases as BorrcWe�t ,udgh"t have <br />pursued but for.this Assignment, <br />:. all at Barroier ll s sole goat and <br />expense; and-I <br />to ession 'of- the <br />Property, ate:. to have, hold, <br />manage, lease'...! `and operate the <br />same on such terms and for such <br />period of time as Lender may deem <br />proper and' either with or <br />without taking possession of the <br />Property in its own name, make, <br />from time to time all <br />alterations, renovations, repairs <br />or replacements thereto or <br />thereof as may seem proper to <br />Lender. <br />(d) Notice. <br />Lessees are hereby irrevocably authorized and <br />notified to rely upon and comply with (and <br />shall be fully protected in so doing) any <br />notice or demand by Lender or the payment to <br />Lender of any rental or other sums which may <br />be, or'. hereafter become, due under the <br />Leases, or for th6 -'.performance of any of <br />lessees*, undertakings under the Leases, and <br />lessees shall have no right mr duty to <br />inquire as to whether any Default has <br />actually occurred or its then existing. <br />5 <br />T. <br />t <br />Y <br />