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F <br />89�: iO3�i24 . <br />c. Tram and sign *aid lease and Box aer's riots • <br />theerex,i to patios iat isfacbary to Assxynee, and upon <br />assigrwont, the obligations of said lease shall be binding <br />on said transferee. <br />In the event Assignee shall only uatkatake the Options provided in' . <br />paraslraph a. or b., it shall have no obligation other than payment <br />of rent accruing during the period of its possession of the premises. <br />In the event Assignee shall males transfer of said lease as paovideed <br />in paragraph c., Assign will curs all defaults in said lessee, and <br />its sale other obligatiean shall be the payment of rent which accrued <br />prior to the tomfeer of said lease. <br />S. None of the property required to be hypothecated as collateral for <br />the aforesaid loan constitutes fixtures or real property. _ <br />B. Lessor agrees to* and does hereby, subordinate any lien-he may, now <br />or hereafter, have on the propmty of Borzower, that is now or hersaftw <br />seeewrity for the aforesaid loan, to Assignee's lien or liens, on said <br />property and to Assignee's rights havin. <br />C. Lessor herby represents r' and warrants that title to said leased pr+m�ses <br />is held by him in fee single and tltAt he has full power and auttarit y to <br />enter ifto this Agreement. <br />D. This Agr'eeamt shall be bindings tWan and iriprre to the benefit of the <br />personal representatives, successors and assigns of ache parties hereto. <br />witness our hands and seals Uxis /% Z ' day of , 19�. <br />�." Horsvwer <br />- Lessa . <br />INDIVIDUAL ACKNOMZDGMEW <br />STATE OF <br />r <br />COUNTY OF : ss : <br />On ttm tf `.•`:iiay of 19A, befoi; "Me personally came <br />, to me ``known to . be the <br />indiv described in and who execulEed the assignment on the reverse side <br />hereof and acknowledged to me that he executed the same . <br />ell @WW1Wd5d dM 1 <br />My Commission exp al�� P C - <br />CORPORATE ACXNOWLEDGEHRiT <br />STATE OF <br />COUNTY Olt gg ; <br />r <br />On the of 19 , before me personally <br />me <br />ca w b by me duly sworn, did <br />den a and say atshe reside in , thatyhe is the _ - - -- <br />__ - of the Corporation described <br />in an which executed the assi nt on the' everse side hereof; that he knows <br />the seal of =aid +cor"pi-,liativru, i.i3ai Liam seem affixed to said assignment is such ; <br />Corporate seal; that it was so affixed by order of the Board of Directors of <br />said Corporation, and that lie signed his nam thereto by like order. <br />WANK rNL LU M <br />;y <br />!� deM %ep ly► K MIr <br />CG:"u a!;­;a91, c-xc,l <br />X l <br />'All risihtf, _tit t!• .jwl i r/ -:e t,� 1"T. whirr' t r tf <br />t <br />. <br />