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200109057
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200109057
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Last modified
10/14/2011 9:29:32 AM
Creation date
10/20/2005 10:07:34 PM
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DEEDS
Inst Number
200109057
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200109057 <br />covenants and agreements of Assignor in the Leases. Assignor hereby agrees to indemnify Assignee and <br />to hold it harmless from any liability, loss or damage including without limitation, to the extent now or <br />hereafter permitted by law, reasonable attorneys' fees which may or might be incurred by it under the <br />Leases or by reason of this Assignment, and from any and all claims and demands whatsoever which may <br />be asserted against Assignee by reason of any alleged obligations or undertakings on its part to perform or <br />discharge any of the terms, covenants or agreements contained in any of the Leases. This Assignment shall <br />not operate to place responsibility for the control, care, management or repair of the Premises, or parts <br />thereof, upon Assignee nor shall it operate to make Assignee liable for any waste of the Premises by the <br />lessee under any of the Leases or any other party, or for any dangerous or defective condition of the <br />Premises or for any negligence in the management, upkeep, repair or control of the Premises resulting in <br />loss or injury or death to any lessee, licensee, employee or stranger. <br />15. Assignee may, at its option, although it shall not be obligated to do so, perform any lease <br />covenant for and on behalf of Assignor and any monies expended in so doing shall be chargeable with <br />interest to Assignor the same as for advances under the Deed of Trust. <br />16. Waiver of or acquiescence by Assignee in any default by Assignor, or failure of Assignee <br />to insist upon strict performance by Assignor of any warranties, agreements or other obligations contained <br />in this Assignment shall not constitute a waiver of any subsequent or other default, failure or waiver of strict <br />performance, whether similar or dissimilar. <br />17. The rights and remedies of Assignee under this Assignment are cumulative and are not in <br />lieu of, but are in addition to any other rights or remedies which Assignee shall have under the Letter of <br />Credit, Deed of Trust, or any other instrument, or at law or in equity. <br />18. Wherever possible, each provision of this Assignment shall be interpreted in such manner <br />as to be effective and valid under applicable law, but if any provision of this Assignment shall be prohibited <br />by or invalid under applicable law, such provision shall be ineffective only to the extent of such prohibition <br />or invalidity, without invalidating the remainder of such provision of the remaining provisions of this <br />Assignment. <br />19. All notices and other communications provided for herein shall, unless otherwise stated <br />herein, be in writing and shall be personally delivered or sent by certified mail, postage prepaid, by prepaid <br />overnight nationally recognized courier, or by facsimile, to the intended party at the address or facsimile <br />number of such party set forth as follows: <br />If to Assignee: <br />LaSalle Bank National Association <br />1600 One American Square <br />Indianapolis, IN 46282 <br />Attn: Daniel H. Hatfield, Senior Vice President <br />Facsimile No. (317) 756 -9913 <br />4 <br />
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