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<br /> � , � � ��-i�B3i.�� �`
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<br /> � ` • (b) 'i1�is Assignment is a colla�eral assignnaent, mad. to s�ure the�d�ted�a� 'w;�
<br /> . � descn"be� in S ion 2 h�r�f and effective imrned�ately. Nota+ithstaadiag amyth' g �:.--
<br /> � � � herein w thE oontrary,the Leadar sh�fi Qot l�e responsible oz obligs�ed w the Laadlard for any �.:
<br /> � obligation,agre�nt ar lia�ility of tt�e Barro�ver uader the 1.easa,unless sud un�'1 l.eII.der ele�s s; .
<br /> � •. �,. :5 co assu�ae che I.eass puisuant to�'0 4�hereof su�d delivers to Laadlord r�ritien notice af sush ,
<br /> --::� assumpuon.
<br /> : _. �.�.;: �"
<br /> �..��i ��� Notwithstanding this Assignment,the Bonower shall bE aad re�ain obligate�to ,._:
<br /> - � •� ' the Landlord to perform all of the�orro�er's obligations aad agreements under the L�se. aad ��
<br /> .. . ; the Landlard shall be and remain obligated w ihe Borrower to g�fortn all of the Y.iceasnr's _
<br /> � o b l i g a a o n s a n d a g resments under t�e i.ease.
<br /> �
<br /> . . � (d) CaPit�liand teruss assi a8terwi�e dgfiaed herein sha11 have t�e meanings given
<br /> � � . them in the Loan A�reemEn�.
<br /> _ �
<br /> • � ��ion 2• Secured Obli$atiotss
<br /> . . , This AssignuzQnt is ar�de for t�e�-�a�e of securin�P�a�L��rai�as�perfornQa�ce of the
<br /> . � .�`r� £�[[Qa�ing(the°Sgcured Oblieations°):
<br /> - . ' .� (a) Paycnent of tl� ]3�rrower's Obligatios�t as �efiged in the Lnan Agreeme�t, :-
<br /> ;-�-_.: .:: �,' iucluding the indehtednx�s evidc-�r:ed by the Note or aifs�i�;urcder or purs�aaM to tf�e Loan _
<br /> � • Agreement or the other Bagic A�.�rments,inclualing tsoth pimcipal and interest.and arry and all
<br /> _ -� -:,.l- extensions,reuewaIs,refinais�i�s,refuIIdings or subsumtions thezeof sn whole or in Qar�
<br />.R^'A�•:• .�: . .
<br /> �'- � (b) payment of�y a`,�.�s obligation�,liabiliti�s aacl indebt�aess owed by Borcower
<br /> - - � co Lendar both aow existing cr fr�c'eafter comracted or arising,joint or several,due or to become
<br /> -_ ��'.r-:
<br /> --- �_-�����';�,. due, absolute or oo*�ngen�. di�ect ar ind'uect, liquidated and unlicNic�ted, and all rene�a+at�� ,
<br /> .: .. i
<br /> - '� extensions or tafldifications thereof and wh�shar incureed or given as�r,endorser,guarantor�
<br /> _''-`y{.;:;(�. .
<br /> -4�`'��''��i�'�'� customar,or otherwise-
<br /> _'`-%:.• a� �- ' .
<br /> .s+`d�,j.'r)'�;�
<br /> --^�'�:??:;�� (c) Payment of a11 c��ay or prcti�exay h�reza�cr,cr in the futurs advanced by Lender
<br /> .=-._t=��� to or for the accour►t of,or on beh�lf of,II�i�wer for any pu�ose; .
<br /> '�:s��r_.�;
<br /> ° _�_`�.'�`: (d) paymEnt of�i�.�aYtd expenses iacurre�by I.�II�2:iu e�orcin�or Qmte�ting
<br /> '-=_rs�.=�y� iu rights aith re.sp�'t Yo dt� T:�er.se or the Premises or the inde}s:�'InesS �w.'�rrx+ thereby,
<br /> -- ---- --- including,without la�itation,:r°.��nable aunrneys'fee.s;aad
<br /> ��,?���`= (e) payment of all future advatcsc:a made by Lender for ta�,levies,insurauce andlar
<br /> -��r.�^�� repairs to or maintenance of the P�emis�s.
<br /> =�::�Y� � .
<br /> �----�,�,�a� �
<br /> �e_rsion 3• Renresentations BYs�rranties ar.d Covenan�
<br /> =-=".��4I�s'�
<br /> ���;zi� jr� .
<br /> _=-.-�"�� Bonower warrants,covenants aud agrecs��+�d.ender�fnllows:
<br /> _,���::;.`;��
<br /> —_��= : (a) Bonower is the snle owner of the entire�nant's/lessee's inte�*c�:in the Lease,
<br /> �-- ::-�.�.�
<br /> i_=._�,,,;,�.:.,'�: ansi t�as not and:��al rtot execute any other assignment of the Leas��cd has r-�and s not
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