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202207758 <br />(v) The Grantor has not previously assigned any of its rights under any Lease. The Grantor <br />has not accepted Rent more than thirty (30) days in advance of accrual. There is no present default under <br />any Lease by either the Grantor or any tenant. All existing Leases are in full force and effect and <br />unmodified. To the best of the Grantor's knowledge, no person or entity is in possession of the Premises, <br />except pursuant to a valid and fully executed Lease that has been assigned to the Lender pursuant to this <br />assignment. The Grantor owns the Leases, is entitled to receive the Rents and has authority to assign the <br />Leases and the Rents to the Lender as set forth in this assignment. The Grantor will enforce the tenant's <br />obligations under their respective Leases; <br />(vi) The Lender shall not be obligated by this assignment to perform or discharge any <br />obligation under any Lease; and <br />(vii) The Grantor covenants not to execute any other assignment of the Leases or the Rents as <br />security for any debt without the prior written consent of the Lender. <br />10. Assignment of Interest as Tenant or Purchaser. If the Grantor's interest in the Premises is that of a <br />tenant or a purchaser, the Grantor also grants, transfers, conveys and assigns to the Lender and/or the <br />Trustee, as additional security for the Liabilities, all of the Grantor's right, title and interest in and to any <br />Leases, land contracts or other agreements by which the Grantor is leasing or purchasing all or any part of <br />the Premises, including all modifications, renewals and extensions, and all of the Grantor's right, title and <br />interest in and to any purchase options contained in any such Leases or other agreements. The Grantor <br />agrees to pay each installment of rent, principal and interest required to be paid by it under any such Lease, <br />land contract or other agreement when each installment becomes due and payable, whether by acceleration <br />or otherwise. The Grantor further agrees to pay and perform all of its other obligations under any such <br />Lease, land contract or other agreement. <br />If the Grantor defaults in the payment of any installment of rent, principal or interest, or in the payment or <br />performance of any other obligation, under any such Lease, land contract or other agreement, the Lender <br />shall have the right, but not the obligation, to pay the installment or installments and to pay or perform the <br />other obligations on behalf of and at the expense of the Grantor. If the Lender receives a written notice of <br />the Grantor's default under any such Lease, land contract or other agreement, the Lender may rely on that <br />notice as cause to take any action it deems necessary or reasonable to cure the default, even if the Grantor <br />questions or denies the existence or nature of the default. <br />11. Security Agreement. This Deed of Trust also constitutes a security agreement within the meaning of <br />the Uniform Commercial Code as is in effect from time to time in the state in which the Premises is located <br />(the "UCC"). In addition, to the extent that any Equipment or other personal property, tangible or <br />intangible, that is included within the definition of the Premises, and all proceeds, products and supporting <br />obligations of any of the foregoing (the "Collateral") is not real property but is covered by the UCC, the <br />Grantor grants to the Lender a security interest in any such Collateral. Accordingly, the Lender and/or the <br />Trustee shall each have all of the rights and remedies available to a secured party under the UCC. Upon the <br />occurrence of any default under this Deed of Trust, the Lender and the Trustee shall have, in addition to the <br />remedies provided by this Deed of Trust, the right to use any method of disposition of collateral authorized <br />by the UCC with respect to any portion of the Premises subject to the UCC. The Lender and/or the Trustee <br />shall have the right to require the Grantor to assemble the Collateral and make it available to the Lender <br />and/or the Trustee at a place designated by the Lender and/or the Trustee which is reasonably convenient to <br />both parties, the right to take possession of the Collateral with or without demand and with or without <br />process of law, and the right to sell and dispose of the Collateral and distribute the proceeds according to <br />law. Should a default occur, the Grantor will pay to the Lender and/or the Trustee all costs reasonably <br />incurred by the Lender and/or the Trustee for the purpose of enforcing its rights hereunder, to the extent not <br />prohibited by law, including, without limitation: costs of foreclosure; costs of obtaining money damages; <br />and a reasonable fee for the services of internal and outside attorneys employed or engaged by the Lender <br />and/or the Trustee for any purpose related to this security agreement, including, without limitation, <br />consultation, drafting documents, sending notices or instituting, prosecuting or defending litigation or any <br />proceeding. The Grantor agrees that upon default the Lender and/or the Trustee may dispose of any of the <br />9 <br />