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201903153
<br />WHEREAS, the Note and all other documents and instruments given by Borrower to
<br />evidence or secure repayment of the loan identified herein, including (without limitation) the
<br />Loan Agreement and any Loan Documents as defined therein are referred to in this
<br />Assignment as the "Loan Documents"; and
<br />WHEREAS, said principal amount, together with interest thereon at the rate or rates
<br />provided in the Note, are payable in accordance with the terms of the Note, with the entire
<br />unpaid principal balance of Note and any unpaid, accrued interest thereon maturing and being
<br />due and payable in full not later than the Maturity Date as set forth in the Note; and
<br />WHEREAS, the Lender, as a condition to making the loan evidenced by the Note has
<br />required the execution of this Assignment.
<br />NOW THEREFORE, in consideration of the premises, and in further consideration
<br />of the sum of One and No/100 Dollars ($1.00) paid by the Lender to the Borrower, the receipt
<br />and sufficiency of which are hereby acknowledged, the Borrower does hereby grant, transfer,
<br />set over, assign and deliver to the Lender all of the Borrower's right, title and interest in, to
<br />and under all leases, including but not limited to ground leases, subleases, licenses,
<br />concessions, tenancies, management agreements, operating agreements and any other
<br />agreements creating the right of possession or the right of use without a transfer of title,
<br />whether written or oral, now or hereafter existing, and covering all or any part of the
<br />Mortgaged Premises, together with any and all security deposits made thereunder, all
<br />extensions, amendments, modifications, renewals and replacements of any thereof, and any
<br />guaranties of the lessees', sublessees', licensees', concessionaires', tenants', users', general
<br />partners' or operators' (collectively the "Lessees") obligations under any thereof, each of said
<br />leases, subleases, licenses, concessions, tenancies and agreements now existing and hereafter
<br />executed or entered, together with all such deposits, extensions, amendments, modifications,
<br />renewals, replacements and guaranties (collectively the "Leases"). In addition to the
<br />foregoing, the Borrower does further hereby presently grant, transfer, set over and assign to
<br />the Lender, and does hereby relinquish to the Lender all of the Borrower's right to collect and
<br />enjoy all of the rents, income, revenues, royalties, issues and profits, including, without
<br />limitation, all amounts payable to the Borrower on account of maintenance, repairs, taxes,
<br />insurance and common area or other charges by any other party to any Lease, and all amounts
<br />paid in compromise or for cancellation of any Lease by any party thereto other than the
<br />Borrower, now or hereafter accruing or owing under or from Leases or otherwise from the
<br />Mortgaged Premises or any part thereof, whether accruing before or after foreclosure of the
<br />Mortgage (collectively called "Rentals"). The Leases and Rentals are hereby granted,
<br />transferred, set over and assigned to Lender and Lender is hereby granted the foregoing
<br />security interest in and to said Leases and Rentals, for the purpose of securing:
<br />(a) Payment of all indebtedness evidenced by the Note (including any
<br />amendments, extensions, renewals or replacements thereof), of all other sums
<br />secured by the Mortgage and of all sums payable by the Borrower hereunder;
<br />and
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