, .. :'��k `.... . -
<br /> ; -- --- -- _ ,. - - _. --- -- - . -- � ,� _ -
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<br /> '. . ; • • • ' . �
<br /> . ; - , , ��� ����°� t. ' . � .
<br /> � e revent Lende� from fu1�Y �`
<br /> � '� � ►, perform aay acts or exerute any other instruruen� t�at migh p
<br /> I exercisia�its riShts under any of the teams,covenants and canditions of this Ass6�nment.
<br /> � �. 'I'he Lease is valid and enforceable in accardance with its terms���have been 4 i .
<br /> : � (b) � ,
<br /> � � alteresi.madified,arnend�or terminate�.and�ngo zd in wri�U'ng bY L�nder� � �
<br /> . . . . �_ . � waived in any m�nn�r ahatsnzver exce�t as agP
<br /> , • '�"� � The Lease wiii remain in full foxce aatd effact and shall aat hs attered.mudified, ��- ��.;
<br /> . . ( ) material resp�ct, E
<br /> amended or terminate�aor sh�vsil of I.ender���don thereof he�+�v���y .^;
<br /> without die prior writtea aPP �:.:Fw.
<br /> � d� Then are no defaults aow enisting under 4he L�as$aad there exisss ao state of --
<br /> ( �sould consd3ute a default uader :
<br /> '- facts which,witg►the giving o f ao t i c e aa I�s s o f f m a s o r b o t h, cundition and covenan t o f t h e ��'_"�.
<br /> • ' '� the L�sQ; sud �onower will fiil�li 1 oa gsrform e�h�uud every sh�ll promptly give Lender �,t=�__W:
<br /> � .� Lease by the tenandlessee the�euader w�e ful511�os performed,and �
<br /> F copies af au�y notice of default by $orro�rer under t�e Les��receive�by Bonower. �f=:i�:
<br />: . � �^_
<br /> ' . ,�� (e) So ton�as any porsioa of the Secured Obli�ations shall remain in whole or in pa�
<br />� f ��a,unsatisfie�i as�dlor unperfo�ed.Borrower will not convey w another Ar encuaaher ai►Y �;' --
<br />- . . .�.,� �., �..
<br /> iaterest it has in the Lease or in the Premises. ; __.
<br />_ � ,: =,___
<br /> � � �' i� The terms asd t&s exeCUtion of this Assig�unent have h�'n duly authoria�by all =�
<br /> � . � n�a.; and appropriate cotporate or membership actlon on behalf of Borrower.�s apPlicable. �^_
<br />- _ �"} � __—
<br />. ' - f�
<br />_ ; �Y� cc�einc�4• Degauix und Remedies
<br /> eement,d.e�der may,�t ids eption,
<br />" . � k �a) tJpon any E•�ent of Default under the Loan Agr e�: ` t to cute the default
<br /> .. ; do any of the folinvai�g,subject tfl FCC approval,where requir (')�P
<br /> g'fCCS�t0�EC�IOTIIE
<br /> .� putsuar�t to the L.a:ru.Agteement,wit�tS�e c2ra�tsO],�au'ofns�lCg? �t�ae Lease to be sald at
<br />=.�. � by the Boaower a� iucluded in the Sec.�xc�! S r�ii�the�rovi�ions of�.'� ---
<br />- . . private or public sale w the i�i{��est bidd i�ble law� �as��r.'� State mF,�
<br /> . • � � � Uniform Commercial Code cs a�he�• aPP w assum�ti1�L.esse cr sssign thz G«��w a third
<br /> (iii)assume the Leass,designate a thud partY v see�s q
<br /> . , �,. P�y;(iv)assume the'Lea�e ar sublea5e the LeasQ f the Loan Agr t�en�aad(�R Ici�a�
<br /> m�nted puYSUantto 'u 7.Q o
<br /> • huve a receiver apP � have b c�ntra�t,at law,or in equtity.
<br /> ' � oth�ci.ght or te�aedy the L�nd,�:may Y
<br /> �- uttab4e,
<br /> ' �� ; ro� �.reder is hxseby ves•.ed with fiill pawer to nse ali iazasur�e��h af L�.eader nr
<br /> -�='.�-' : �.t= deeTned by i�n���Y�r Droper w enforce this Assignment, inctuc3r�8 �
<br /> . . � - its designee w enter ugon c���remises►or any part thereof,with rs�w�ithout force and wit�r��
<br /> ssession of a]�or any part of t��L��nises�B�Ei wi��1
<br />___ . without p�oces5 of law,and uik:�=po �rs aad a���a�Bn�owerrelatin8
<br /> - -�`� � .� pers+nnal property,fix�res,d�r:r::;nents,bootcs,records.PaP �;efrom. L�isc�-ower hereby
<br /> ' �`�..,� thereto and to exclude the Borrower,its�¢ents o�ser+ants,wholly `4,a� ����
<br /> '--,„�t�. _ ts fa�ll povrer and authariry to Len��� w exercise��$F�o er. Y.ender shall be under�no
<br />-=- •� :::�` ' �ante� at any an�a l l ti m e s h e r e i a a ft e r,a i t h o u t n o u
<br />"`"'_�... - .� ��" obligauon to exercisQ or prosecute any of the right� az claims assigaed w it irr.�eu n d e r a r t n
<br />-- -' .:�Y-. � peeform or canY out acey of the obligations of the le:�srltenant�er t�a��c:.sad daes r.ot
<br /> . �f. �ri���ou3 c��ir::�vens�.�.�
<br /> - :: Y , assuine any of the liubilities in connection with or arlsing or�ta . i� _
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