|
',� ' _ __`. ... '„ `
<br /> .._, � <
<br /> �.. _ _ .
<br /> .. . • ' ., _ <._._.�_ ._. .. . `. ."`_'�.._�_—..,..._�.-�.__._._...c - .__. _... .5... - , . .. ' _"__ `_'��.
<br /> �, .
<br /> � �, �. . . � � � 99• :�����
<br /> , , � � f �erforns any a�ts or ex�ute any other instnfm�nts that might prevent Lender from fully
<br /> , ' '; exercising iu ri�ht�aader arry of the terrm. covenants and condiuons of tbis 1�ssignmeas.
<br /> �. 1
<br /> . . , (6) 1h�Leass is valid aad enforceable in ascordance with its terms and has a�t been
<br /> ' � altered.modifie�,amended or terminated.aud aone of the terms aad cmndiuons t4ceieof have trse�
<br /> . � waive�! in any manaEr v�hatsosve�except as approved in writing by Lsnder.
<br /> . � ry ; (c) 't9ie l.ease aill remain in full farce and effecc and shall not be altered,mudified,
<br /> �� ame¢d e d o r t e r m i��t e d aor shall an y term or condition thereof hs waived in aay materia!respe�t,
<br /> . � � � without th�prior�rritten apProval of Lender. :
<br /> ' ` ; J
<br /> �� ! 'fhere are no defaults aow existing under the Lease and there exists uo ss�►te of ;
<br /> (d) '.
<br /> � �� facts which,aitb the giving uf natice or lap�e of time or both,would constitute a default undes L;
<br /> , j the Lease; a¢td Borrower will�vlfill or g�rform eac6 and every condition and cov�nant of th$ L;:
<br /> =; �.� Lease by tize cea?nt/lessee themunder w 6e fulfilted or perfarraed,ans!shall prom�tly give Leudar f
<br /> f copies of any�roace of default by Borrower uader the Lease received by Borroaer. �;
<br /> ;. } (e) So losg as any portion of t�e S�cured Obligatians sl�all remain in wtcole or in pazt _
<br /> • ; ` � unpaid,uasatisfi�andlor unperformed, Borrower will unt convey to suother ar e�sumbET any ;�
<br /> .: . :• int,exest it has in ttte Leas$or in the Fremis�s. ��
<br /> _._ . �� �:
<br /> • , (fl '[�e terms amd the exeeutian of this Assignme�have Is�n duly audioriaad by all LL
<br /> . c�essary artd agpropriate c�rpoYa�e or membership action on hehalf of Borrower.as applicabte. _
<br /> _�. �.
<br /> . . � Sectaon 4• Default and Remedies -
<br /> � (a) Upon any�vent of Default under the Loan Agr�ent,Lender may,at Its aptifln.
<br /> � ` ��y of the followin$,suS%�eca to FCC approval,vri��e regaired:('i)auempt w cure the default
<br /> � .�� � �z;:;FUant to the Loan A�asrunt, aich the cust$ t�t�+�r�'�luding attomeys' fess)to b�botn8
<br /> �' by tha Borrower and incicued in thE �arsed Gi.+�:�g��ns; C?cause the Lease to ba sald at
<br /> �: • priva?e or public sale to the high�t bi�for cas� in accord:�raa aith the provisians cf�.�.s
<br /> `� �Ir..ifor�Commercial Ca��or other applicable ta�i as enacted in the Staie of�r� "
<br /> - � (iii)assume tt�E[.e�se,d�.�ate a third paYty to asst��the Lease or assign the T.ease w a third
<br /> �_� " � parey; (tv)assume the Lease or sublease the I.ease or the Premises W a third party;(v)seEk to
<br /> �� � h�►ve a rer,eiv~_�appolnted pursuant to ' n'I of th�Loan Agreement;aa�(vi)ex�ccise any
<br /> �.,� .. , other right or�edy t�e Lrender may hnv�by conuact, at law,or in equity.
<br /> .�;;{�S'�',.4:�.� ;
<br /> _ . r.` (b) Lender:�:7ereby vesied aith fWl Fr���a w use aJl cneasures,tegal aad es�uituble,
<br /> ,:�:.���; �
<br /> '=,�'`�`.��:� deemed by ie n�sxry��.-�roger to enforce this�s�.�gnineM, including the ri�ht of 1 en�er mr
<br /> ;r;.:°:�.. its designee t�-��:�r upoa the Premises,cr any part thereof,with or aithout foras aa�wath or ..
<br /> ::; -:, .'� without process of law,��'take posse���n of a11 cr any part of�Ce Premis�s tog�e��r�,�.all
<br /> ''r•::�:--.• personal property,fixtur'.�.riixumeirts.boolcs,rer��l��,P�ers an�d accovnis c��^n.aN�:'�.:r�ng
<br /> `�' ° thereto and to exclude the�orrower,its agents or�:��'ants,aholly therefros. �rroR�i}�zebY
<br /> ::�.; �,.
<br /> -�- grants full power and authority oo Lxnder to exerci� all rights. prtvileges and�aN��cr�ein _
<br /> ��a4.�',,�-.., granted at arey and al!dines hereinafter,wiihout no�ice w Boreoaer. Lender sh�il be��iie:no
<br /> ;;:�_�_ ' oblig�ion to exereise or prosecute any of 4he ri�s or claims assigaed 2o it hereuns��r'-r w `
<br /> °:�"_� �ctrf�rm or cany out any �:t`the obligations of��i.�ssee/tenant under t�e Fu:�e and does not
<br /> . .��., �
<br /> • • : ,� as;ums any of the liabilipx:�:�n conner�Ion with or,;;ising or growing out of tl�e coven2nts an r
<br /> f
<br /> � .� -3- -
<br /> '� � _
<br /> �.
<br /> � z'
<br /> � ,r�-- - 7 ::'^I'Tra'�i.},. .�.;�_:
<br /> . '�� ' . � • '.���`\,}.' ' ' 'i iF' !
<br /> �r;` •.� • ' ' ' • ��s,, �,�..,�_ • :. . � . ,� .
<br /> • :c" . , . . . . .. . . . _ .. ' . .m)
<br /> � . . � • . .. .� . . - .. _.\_..
<br /> � i . • . . . .� . . . .. ... .. . •M�Vi.�'
<br /> . � . , . . . . . . '��
<br /> ' � . . ' . _ ' �. �� :i.' .
<br /> , � . ' .. _ . .('! - , i�.�u.�
<br /> . . ' . . .� . _'.. . . _. . , . . . � - .. � . .. ' ' . - __
<br /> : . • . ' n- • : . .. . :tr•'�;y:,"��`r:=_
<br /> � ' . . . ' ' � .. , . � . . . , . . . . . ..��,
<br /> . � . . . . . • . :.,'_ '`' • • •
<br /> . - - - s.� _ _ -itr�-`
<br /> ,. � . . • . .. � !l � ,[. � . -. � . . ��. .. �-.. ...•�-
<br />
|