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<br /> � 'ITiis Assi snt is a collateza! assignmsnt, made to secure ths iad�bisdness �;_
<br /> . ' . ► (b) 8� y u� wntain2d �
<br /> . { described in Secar h�ereof aad effective immedistel . PJotwithstaadin� anyth� g
<br /> , . � hesein to the canuary, the Lender shatl nat ba respansibl$or obligated w the I.audtord for any �_
<br /> obligation,aSreement or Ilabil�ty of the$orrower ur�der the Les�e,unless aa�unullxr.der elects _
<br /> . � • � to assurns the Lease pursuant to Sec�hereof an�deliv�rs Yo Gandiord vvriuen Qoti�e of such
<br /> �- i a�sumpuon. � -�
<br /> �., .� ` ' 1 G;=
<br /> ,. . �� .1 t6) Notwit�standing this Assigna�ent,the Horeower shall I�e aad remain obligatad to �_:
<br /> � . the Landlord to perform all of the Borrower's ob1igasIons and agreem�ats u�►der 4he Lease,aad �a:
<br /> the Laadlord shall be aud remain obligated�o the Bonrower to PerfmTm a1� of the I.icensor's °
<br /> : � obligatians and ageemems uader the Lease.
<br /> � �d) Capitalized terms aot othe8wise defin�si herein shall have the meaaings Biven
<br /> � � them in ths Loan Agreemen� ,_
<br /> . }� _�.
<br /> . . c��:.+n�• Secured Q61i�aaon_s --
<br /> . l 'd'his Assignmeat is made fos the piugose df securing pmmPt Pay�tent and performaQCe of ths -
<br /> � ' •. .���, fO��OIYID �16°�.f.�llCC�OIfIIP'dt1011S°�: —
<br /> g�
<br /> ±! (a) paya�ra� of the Bormwg�'s Obliga3io�, as definai in the Lu� l�gramsnt,
<br /> '� � Note or nxisin under or pursuant to the i.oan
<br />- includi�g the indeSotedaess endenced by the g _
<br /> A$reement or the other Basic Agreements,including botb principai and interest,and anY ucd all
<br /> _ _ '.'.� extensions, reaewals, refinansings,refunding�or subsdWttons thereof in whole or in part;
<br /> (b) payment of s:�.c�er obligations,lia'bUttie�aad indehted�ess°a+ed by Bonower
<br /> � . to Lender botts anvi existing or i�reaRer coatracted or ar�.smg,3omt or several,dae or to becoffie
<br /> due, absol�ate aa cami��;nt, direct or iadirect, l�quids"�cd and unli4vi�ated, and all renewals,
<br /> "_ .. _ .< � e�ctensions or cQad�f'i.:af.iu�diereof and whether incurred or g9ven as csr.�d?�r,eadorser,guarantor,
<br /> •• ' Cl1.S!OIILBI.O7 d�CliJt".c�;
<br /> . �. '_
<br /> : .�. (�: PaYc�ec�o`.�fl moaey or prop�ty he��z¢or in th2 future advanced by I.e�tdg
<br /> `�s:��.;�t . �� .
<br /> -.� � > . : o0 or for th�acca�t��,or can tsehalf of,Barr.c�sr for any purgose;
<br /> (d) payr�.e�e of a�3 costs and expenses incurged by Lende�in eaforcing or proterti�s .
<br /> � f � ' its rights ait4� resp�ct to t�ex Lease or the Pcemis� or the indebtedness securet� thereby,
<br /> ��``""'=;�-�� including. wit�sa�e lir�°.�si���,reasonabte aitorneys'f�es;and
<br /> �--r��rJ�.�.:y.� ,
<br /> _____��Y.sb_i`_.�
<br /> --- _�,�,� (e) Payaxrc�of aY3�'umre advaaces m�de by I.eader for tar�,.frevies,insurance an a�r
<br /> _���:�Y�— rep�.ir.r m or ma�:Yenance afc�!s Premises.
<br /> �;:�,-
<br /> ':"�+�..- Section 3• Repr���oar;�;n p'�icts�ties anct�:_ r,�� �, ��nt�
<br /> 3.„
<br /> ����i �
<br /> � :���,� Boaower warrants,cdveaar�a ��d agrees with Lender as follows:
<br /> - ��-��'��
<br /> '"'�"-`'"-�`�. (a) Bnrro�ree i����ola owner of t�e ent�re tenanYs/less�'s intere..�i�the I.ease,
<br /> '�=�?r��rrr: �
<br /> -�� �°����- and h�not and shall �sn3 e�c�E any oth�r assignment of the Lea:.x�:ati� has not and shaf� ��at
<br /> _- _'`��,�,,- _
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