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r 6. Assignor hereby covenants and warrants to the An4nee that (a) Assignor has not executed any prior am so
<br />(b) Assignor has not perfo
<br />resent of the Lease or of its right, title and interest therein or the rentals to accrue thereunder, rmed •
<br />.
<br />any act or executed any instrument which might prevent the Assignee frogs operating slider any dethe terms andconditi period
<br />hereof or words wound tindtth�e Assignee in such operation: (c) Assignor has not accepted rent uaderrhe Lease for any period
<br />sabssquwnt to the current period for which rent has already become dueandpayable: (d)thereis nadefault now exacting under
<br />k; - �wnerrsiie� loTarOlndateatwhat wofthNlAWeitUrgra11yer -
<br />in writtins except as set forth in Schedule B. and that the Loses in in full force and effect —
<br />H, IT I8 MUTUALLY AGRUD WITH RESPECT TG EACH LEASE THAT:
<br />1. AssiPm hereby grsnt*psemissiOntoAssignor tocoilectupon, butnotpdortoacerlu ll,allreab.issuss.d�pnsits
<br />slid profits from the said premises d to retain. and use and enjoy the same, but reserves the rishtto revo Asnchperna4imsi4¢
<br />at say time, with or without cause, by notice in writing to Assignor by certified mail senttothe address hereinafter c�ibtd
<br />foe sanding souses. In any event, such permission to Assignor shall be automatielly revoked upon default, by Assignoiin the
<br />payment of any of the Obligations secured hereby or in the performance of any obligation, eonvenant, agreement herein, in
<br />paid nasrrk"W or deed of trust. in the I.esse or in any of the Obligations secured hereby, or in any securing document givenin
<br />oouneetion thererritb, (all of which will bereferred to herein as "Default"} :Ta the event that the As_dpm should revoke such
<br />paws odoealt stheoccotirenoeofaDefault, theAssignee. mayatitsopton, afternodfmtiontoAsidgnor ,bycertifiedmail.
<br />test aadd ,whereifaafferprescribedfors ndrWgnotices, direct- anyorallifthetenantsofthePreoo "topxytoAssignee.iba:
<br />-= agsatsoci a�orny► s, snadarents .issvRS +psofits.r+evenues, deposits, rightsandbenefilp -as maynowbeid&u orshallbeniatiltr
<br />bsooraasduuur; Apaigaeemaysouses' ithessme. Theadf 'idavitarwAttenstatementofii r fliost .aienti`oristtorneyofA�sisrtse
<br />A
<br />and d ract.dto.idy thereon. The Al l or further agrees, that In the everMMe permrasron co use eP% Lm4uu tug scum, x++W+.&Pw,
<br />issrrss, deposils*and profits. shbil.74i terminated or upon the occurance Aso Default, to immediabAy,turn over to Assignse,st
<br />thetimeand'hetnitntis%r�eci� !'' Assignee. alscuHtydknWtsorptkmmoniesdepceitedby- I +omofthePmniadin
<br />ac owdanee "M% the
<br />provisions af'tisa .eases
<br />' . mor3i6ir%4omeaf treDefault,asdefindhene-
<br />Z ��`'. �i`' otwiRhstaadingtheprovisionsofparagraph Yinaboi�.��o.
<br />inabove, the Assignee, atits option, may declareallObligationsaecuredfi�m-mbyint= telydusansdpayable ,andmay,atits.
<br />option, without notice, and if any such Obligations be secured by deed ditruit irnsp*023re of whether a declaration of default
<br />under said deed of trust has been delivered to Trustee there exercise all rights s�j4 remedies contained in said mortgage
<br />or dead oftrss�snd witbout regard for the adequacy of securit)pMr the Obligations hombyiecured, either in person or byagent
<br />with or withb* bringing any action or proceeding, or by a r6r;g ver to be appointed' V a court, enter upon, take possedon off,
<br />and d operate saidPremine or any part thereof, make; enforce, modify, and accept the surrender of Leases, obtain and
<br />evict tenants, fix or modify rents, and do any acts which the Assignee deems proper to protect the security hereof; and either
<br />with sir without taking possession of the Premises, in its own name, sueforor otherwise collect andreceive all rents. issues and
<br />profits, inclur3 s those post due and unpaid, and apply the same. lees cost and expenses of operation and collection, includins,
<br />but notlimiued:to, payments for wages and payroll taxes. ccrapensation of managing agent and other m anagement costs and
<br />expenses. rwal: estate taxes and assessments. water, sewer, and similar charges. insurance and workmen's compensation
<br />premiums. ground rents,; customary real estate compfmiou., and reasoaAW4 attorney's fees and court casts, upon any Obliges
<br />tions secured hereby, avAin such order as the Asskxtee may ¢etermbw Tie entering upon and t&WJW possession of the Prem-
<br />ises, the collodion of sw b rents, issue* and profits sod the Wliation thereof" afor pgard, shall tort cure or waive any default
<br />or waive. mmft. or affect notice of default under said meditate or deed of trust efJjW,vadidate any act dow pursesnt to such
<br />notice. Aseigr'trrr hereby releases any and all claims which i- It'havinr might have agairAtAmignse arising out ofNAvch collection,
<br />management operation and maintenance. excepting the bajdBy of AW47 --te to actinvit for amounts collected'a nd expealed
<br />by it.
<br />3.. The Asetgneeshall notbe obligated toperform or&scharge,nordoes ithereby undettaketopedotznordisdsarse.
<br />any obligad** . duty or liability under the Lase, or under ©ir by reason of this Assij�Yament. Assignor shall and doss herby
<br />asresto indgdinify the Assignee against and hold it harmless from any and all liability, loss ordamagewhich it may orrf*ht
<br />ib=r each the Lease (rr. %nder or by reason of this Assignment and dand from any and all clam and demand whalsoover
<br />whieb may be asserted against it by reason of any alieged obligation or undertaking on its part th.perform orinthe disebw*0
<br />of any of the terms, covenants or agreements contained in the Lsaw, i hould the Assignee incur any such liability. loss or
<br />damage uWar the lease or carder or by nown of this Assignintnt, or in the defense against any such claims or demands, the
<br />amount thereof, including caste. expenses and reasonable attorney's fear, together with interest thereon at the highestrateset
<br />forth is any of the Obligations secured hereby. shall be secured hereby and by the said mortgage ordeed of trust, and Assignor
<br />shall rsissbarse the Assignee therefor immediately upon demand. and upin the failure of Assignor so to do the Assignee may
<br />declare all Obligations secured hereby immediately due and payable.
<br />C IT IS FURTHER MUTUALLY AGREED f1AT:
<br />t. Until the Obligations secured hereby shall have been piddin full. Assignor covenants and agreesto keep leased
<br />"at a g &&and sufficient rental the Premises and upon demand to trawfitr and assign to the Assignee any and all subsequent
<br />Lea" upm all or any part of such Promisee upon the same or substantially the same terms and conditions as are herein con-
<br />rained. and tomake, execute. anddelivertothe Assignee, upondemand, any and all instruments thatmay be. soaryordesir-
<br />able therefore. but the terms and provisions of this Assignment shall apply to any such subsequent Lease or Leases whether or
<br />not so assigned and transferred.
<br />2. Ass iignorr shall, upon request of Assignee, (Wmith it a complete list as of the date of the request of all Lesseeand
<br />other teasescim of the Premises in such reasonable detW as may be requested by Assignee. Further, if requested. Assignor
<br />shall deliver to Assignee executed or MOW mess+ of all Leases and other written agreements, correspondence, and memo
<br />rands bw"on Ass lMw and Lessees and other tenants setting forth the contractual arrangements between them. Such
<br />nqussts may be made at any reasonable time.
<br />3. The failure to Many specific Leases under Schedule B hereto. shall not invalidate or affect in any manner, the
<br />general assignment of rants and losess provided for herein.
<br />4. Upw the payment in full of all Obligations secured hereby. as evidenced by the recording or filing of an instru•
<br />meet of satisfaction or fall release of said mortgage or deed of trust, unless there shall have been recorded another mortgage or
<br />deed of truest in favor of the Assignee covering the whole or any part of the leased Premises, this Amigr mentshall becomenull
<br />and void and of no effect.
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