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202204846
<br />A. Manage and operate the Premises or any part thereof;
<br />B. Lease any part or parts of the Premises for such periods of time, and upon such terms
<br />and conditions as Assignee may, in its discretion, deem proper;
<br />C. Enforce any of the Leases;
<br />D. Demand, collect, sue for, attach, levy, recover, receive, compromise and adjust, and
<br />make, execute and deliver receipts and releases for all Rents that may then or may
<br />thereafter become due, owing or payable with respect to the Premises, or any part
<br />thereof, from any present or future lessees, tenants, subtenants or occupants thereof;
<br />E. Institute, prosecute to completion or compromise and settle, all summary
<br />proceedings and actions for rent or for removing any and all lessees, tenant,
<br />subtenants or occupants of the Premises or any part or parts thereof;
<br />F. Enforce or enjoin or restrain the violation of any of the terms, provisions and
<br />conditions of any of the Leases;
<br />G. Make such repairs and alterations to the Premises as Assignee may, in its discretion,
<br />deem proper;
<br />H. Pay from and out of the Rents collected or from or out of any other funds, the
<br />insurance premiums and any other taxes, assessments, water rates, sewer rates or
<br />other governmental charges levied, assessed or imposed against the Premises or any
<br />portion thereof, and also any and all other charges, costs and expenses which it may
<br />deem necessary or advisable for Assignee to pay in the management or operation of
<br />the Premises, including (without limiting the generality of any rights, powers,
<br />privileges and authorities conferred in this Assignment) the costs of such repairs and
<br />alteration, commissions for renting the Premises, or any portions thereof, and legal
<br />expenses in enforcing claims, preparing papers or for any other services that may be
<br />required; and
<br />I. Generally, do execute and perform any other act, deed, matter or thing whatsoever
<br />that ought to be done executed and performed in and about or with respect to the
<br />Premises as fully as Assignor might do.
<br />Assignee shall apply the net amounts of any Rents received by it from the Premises, after payment of
<br />proper costs and charges (including any loss or damage hereinafter referred to in Section VIII hereof) to the
<br />reduction and payment of the indebtedness evidenced by the Note and secured by the Deed of Trust (the
<br />"Secured Indebtedness"). Assignor agrees not to seize or detain any property hereby assigned, transferred
<br />or set over to Assignee.
<br />VI. Disposition of Rents Upon Default. Assignor hereby irrevocably directs the tenants
<br />under the Leases upon demand and notice from Assignee of any Event of Default, to pay to Assignee all
<br />Rents accruing or due under the Leases from and after the receipt of such demand and notice. Such tenants
<br />in making such payments to Assignee shall be under no obligation to inquire into or determine the actual
<br />existence of any such Event of Default claimed by Assignee.
<br />VII. Attornment. To the extent not provided by applicable law, each Lease of the Premises
<br />or of any part thereof shall provide that in the event of the enforcement by Assignee of
<br />the remedies provided for by law or by this Assignment, the tenant thereunder will, upon
<br />request of any person succeeding to the interest of Assignor as a result of such
<br />enforcement, automatically become the tenant of such successor -in -interest, without
<br />change in the terms or other provisions of such Lease; provided, however, that the
<br />successor -in -interest shall not be bound by:
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