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<br /> ,,� ��;; a. �'�115 Al;St�ltiil�lit R{il1II 11d1 ItU C(111f]lPllCi� [d9 fYIfIkIQ� AS'�i{�hE� tf fl1AYt�;[I�;C� Ifl
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<br />--_ -- � a, Ass�gnco is obligetcct to aCCaunt to Agsi�nor only for �uch R�nts a�n.re nctually
<br />�`�'� co�leetod�arrcecivcd by A�sigctcc.
<br />_--�� 4. Assignar hereby ftather prese�atly and ebsolut�ly assigna to �►ssignee subject to
<br /> :_��� ehe terms and ProvisionE of this Assi�rttant:(a)any oward or ather payment which Assignor
<br />;��� may hereafter becomo etititled W r�ceive with ce9peat to any c�f tho Leases as e eWsult af ar
<br />�;;;��_,,� . pursu�nt to aay b�nlauptcy,insolveney or reorganizatian or similar proaeedinga involving ehe
<br />-= tenaata under such I.eases;and(b)any and all payments mado by or on behalf o8 a�y tenant of
<br /> -_-_� any patt of tho Properiy in lieu of Ren� Assi�nnor h�reby i�cnvocably appoints����der
<br /> --_--- attomey-in•fac4 w,from and aRer the occwYeace of an Ewent of Default by Assigu���le grac$
<br /> -- - or u�d a�sy�f t h�other Loan Doc�atneats w�ieh hss not been ct�rcd within aaY aPP
<br /> ��-�-�. or curegeriod,aPPea�'in any such proceeding and to coltect any sucb awarcl or payaaenY,wlaich �
<br /> ---�" power of att�raey is caupled with aa interese by v�irtue of tbis Assi�nunent apcd is Imevocable so
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<br /> -- long as any su�ns are o`atst�ding�nder ohe�u�evidenced by the Nata.
<br /> - S. AQSigaor represents,warra�►ts and covea�nais w and far the beae�st of Assign�o:
<br /> Q��cbat A�ssI�nor now is(or with respect to a*ay I.eases not yd in existence,will be imraediately –
<br /> � �pon the ezecution thereo�tho absolute ovir�er of thc landlord's intenst in the Leases.wi o�
<br /> rlght and title to assign the same and the Rents due or W beeome due ttcereunder;(t�)that.
<br /> — thau this Ass"sgnnaent and those as�igtunents,if any►speci£ically permitted in the Deal of Tru�t.
<br /> t�,�r � ro av��ng A�cignmenss of the Leases or Rents;(e) that no Rents have been
<br /> � anticipated,discounted. releasPd, waive,d, �anpromised or othecvYise dischar�ea eacept £�r
<br /> " P�PgY�aat of r�nt of noi more than ana(1)a�a�nth prior to the ac�aal thtreoF(d)that chere�uccr
<br /> no material defaults now existing under any of the Leasts by the iandlord or teaant,aad 1��`�a:.�
<br /> exists no sst�te of facts which,with the giv�ug of aotice o��psa of time or both,would constifut�� ; ,
<br /> a default under any of th�I,eases by the landlord or qeaa�nt, axcePt as d�sclosed in writin�8 to `_;;;�'''
<br /> p�signe�;(e)thaat Assi�ar t�s and shall duly s�nd punctually observe aad perfonm all covene�t�s,
<br /> . conditioa�s and agreame�s in the Lrases on t4a��aze of the landlord to he ubser�►ed and gerfo�!ed
<br /> ;: -�:• �� thereundcr asid(�the Leases are im fuU fores amd effect and are th�vali$aad binding obligatibns
<br /> •, off,Assi�n�r, and,to the kaowledge of Assig�nor,ar� tbe valid taad Dinding obligatians of the
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<br /> – , g; :.�.:,�Sigreor cov�nants and agcees.that Asslgnor shaU a�ot, s�rithout the prior wrl4ten
<br /> 1�� �-� coasent'��of Assignee: (a) e�cch�siyt af security d�posits, a�ePt aaY PaY��t of Rent ar
<br /> � installnnents vf Ytent fur more than�ine man�h in advancet;N)anur into any Leas��having a term .�.�,:
<br /> ,:• of ltss tl�an six (t�mont�s or in access of two (2)years(exc.�pt that Assignor'ms�y enter iato
<br /> � • .�� mo�h to m�nth I�easss with tenants so long as the ag�egate nwanber of sucb�month w rq��onth
<br /> tea�xncies at aay aae t i me does�ao t•e x c e o d t e n(10%)P a+c e n t).(�)cancel or terminat�any ..�t'�sa
<br /> (otl�er than for non-payment of l��ent)or amend or modify any I�ease,(d)take or omit to tak�t any
<br /> .' action right or optiaa which woi�d permit the tCnant under any Lease to caacel or t�ecanintte.•S�
<br /> �� E.�ase; �e)�ndcipate,di�count, release. w�ide.comPramise or otherwlse discbarge aioy ��t►t�
<br /> payabls arother obligations uadar the d.�ases;(�fiu�►er plalga�f�,�►o�gage or et�a�i�
<br /> encymba o;assiga tke Leases or future payments of Reats except as othetwise ��h� ,
<br /> permittedby tha terms ogthe Decd of Tivst or incur au�matesiel'sndebtedness,U�ititp o�ot�te�
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