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Loan No: 101326336
<br />ASSIGNMENT OF RENTS
<br />202000862
<br />(Continued) Page 6
<br />Note. The word "Note" means the promissory note dated February 5, 2020, in the original principal
<br />amount of $56,000.00 from Borrower to Lender, together with all renewals of, extensions of, modifications
<br />of, refinancings of, consolidations of, and substitutions for the promissory note or agreement.
<br />Property. The word "Property" means all of Grantor's right, title and interest in and to all the Property as
<br />described in the "Assignment" section of this Assignment.
<br />Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan
<br />agreements, environmental agreements, guaranties, security agreements, mortgages, deeds of trust, security
<br />deeds, collateral mortgages, and all other instruments, agreements and documents, whether now or hereafter
<br />existing, executed in connection with the Indebtedness.
<br />Rents. The word "Rents" means all of Grantor's present and future rights, title and interest in, to and under any
<br />and all present and future leases, including, without limitation, all rents, revenue, income, issues, royalties,
<br />bonuses, accounts receivable, cash or security deposits, advance rentals, profits and proceeds from the Property,
<br />and other payments and benefits derived or to be derived from such leases of every kind and nature, whether due
<br />now or later, including without limitation Grantor's right to enforce such leases and to receive and collect payment
<br />and proceeds thereunder.
<br />THE UNDERSIGNED ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS ASSIGNMENT, AND NOT
<br />PERSONALLY BUT AS AN AUTHORIZED SIGNER, HAS CAUSED THIS ASSIGNMENT TO BE SIGNED AND EXECUTED
<br />ON BEHALF OF GRANTOR ON FEBRUARY 5, 2020.
<br />GRANTOR:
<br />C&DCU M, LLC
<br />Bv:
<br />DAVID L CUNNINGHA
<br />i
<br />CUNNINGHAM, LLC
<br />ember of C & D CUNNINGHAM, LLC
<br />LIMITED LIABILITY COMPANY ACKNOWLEDGMENT
<br />STATE OF '(e m5141
<br />COUNTY OF NC, //
<br />1 SS
<br />On this day of 1;/Z)--'GtG ✓ , 20 LJ6 before me, the undersigned
<br />Notary Public, personally appeared CLINTE CUNNINGH M, Member of C & D CUNNINGHAM, LLC and DAVID L
<br />CUNNINGHAM, Member of C & D CUNNINGHAM, LLC, and known to me to be members or designated agents of the
<br />limited liability company that executed the ASSIGNMENT OF RENTS and acknowledged the Assignment to be the free
<br />and voluntary act and deed of the limited liability company, by authority of statute, its articles of organization or its
<br />operating agreement, for the uses and purposes therein mentioned, and on oath stated that they are authorized to
<br />execute this Assignment and in fact executed the Assignment on behalf of li1'.bilit company.
<br />GENERAL NOTARY - State of Ncpfasl{�
<br />COLBY R. COLLIN.6
<br />My Comm. Exp. January 10, 2021
<br />By l/J/
<br />Printed NSiie: i i h
<br />Notary Public i and for the State ofill -
<br />Residing at �j /G ti C/ 1 k A c�
<br />My commission expires J / O/2
<br />LaserPro, Ver. 19.4.10.036 Copr. Finastra USA Corporation 1997, 2020. All Rights Reserved. - NE
<br />C:\LaserPro\CFI\LPL\G14.FC TR -55920 PR -13
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