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<br /> �blig�tti�n to �ny tenc�jit,IC9SC0 OA'IICCi1BL'0 UCidOP i�i0 LCq6C9:ar(g)pornit nny I.ease to becorr�� __
<br /> aubordi«ato to any itcfi oti�cr tha��tho iicn�f tHc�dced nf 1'rtiat; �rp dcd�i�,�pver.tN� As�i�nmr
<br />'�� �o�ay tn.ko nti�o of tfio nctio�s ddscFibed ie� aubncallon(cD or(o)uhave so long�s�uch actionasre ,
<br />--- taken by AssignoY in the aYdinary cours���'i�u�ii�eay��d aea eo��sl6tcnt rrith �und customAxy �
<br />- leasing und managernent pracdces far elmilar pmp�rties.
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<br />_� 7. Assignor covenants�nd�greea that Assi�or sholl, ut ita sole cost and expense,
<br />_� nppdar ja ancd dafend s�ny acrion or pmceedtng erlsiag urtder,growin8 out of,or in any manner
<br />�? co��ee4ed vvith the L.�es or the obligntiAns, duties or liabilides af tke landlord or tenant
<br />�:.''; thoreunder, and shall pay on demand �Il coste aud �xpenses, including, without limitatioa�,
<br />:°a attorneys' fees�which Assignee may ifteur in conn�ction with Aasi�ee's ap�xesrance,voluntary
<br />;._.� or othetwise,ue a�►Y suah actian or proceeding, together with interest tpcereon at tt�e Default
<br />-�� Interest Rate frorn the date incurr�by Assigaee until repaid by Assignor.
<br /> � 8. �e a�ay time,A�,si�ee�nay.at its optiom,notif�r any teuaats or other parties of the ..
<br /> -� existence of this Assignmen� Assig�or does hereby specifically authorize, instruGt and of the
<br /> �, ��g��d eye�y, present a�cd f�►ture tenaut, lessee aud licensee of the whole or aay gart
<br /> — property to pay all unpaid aad future Rents ta���h auc presont and�tue+e�tenaa�essee
<br /> �ci so pay the s�ne and Assignor herevy agreeg
<br /> -- and licensea may rely upon such writt�n deanand fi+om Assignee to so pay said Ytents without any
<br /> �� inquiry into whether there exists su Evrat of Default her+eunder or �nder the other Loan
<br /> IDocuinenta or whether Assiguee is otherwise �a►tidod to said Rents. If an3r PartY under the
<br /> d,eases sbal� reques�t of Assigaee that it provide �easonable praof of td�e assigament of Rents
<br /> — hereunder, a pl�atocopY of tbis AssiBnm�►t shail be sufficien� AssigRror hereby aaives any
<br /> right,claim or d�naad whicn i�ssi��a3 ra`^ 'L�S i�LT�zs�S2:YP A�At�1I1 I�ITESCIIY OT 1411siv _
<br /> -= t�ca�nt,lessee or licensee by nason of such paya►ant of Rents to Assignee,and any such paywent
<br /> __ ��ilq •di�chatge such te�aa�nt's, lessee's or �i�eiasa�e's obligation to xm�lce such paym�nt to
<br /> . As�igaox. , � .
<br /> _ 9. Assignee a�ea�+take or rtlease any securitY for the iadebted�ess evidenc�d by ttia
<br /> ;� Noi�,may relea�e anY par�y pnmarilY or sa:ondariYy liable for the indebi�t�ss evidenced by�he
<br />=-" Notea may graz►t extensidi�s,reaewals or indulgen.ces with respect w the indebtalness evidenetd
<br /> by the Note a�cszl may apply aay other securitY therefor held by it to the satisfa.ction af any _
<br /> � indebtedness evideaced by,the Note without p:ejudice to any of a�s righ�.s hereunder.
<br /> _�.� � , 10. The accepiai��+e of this Assi�ment and fhe csllection of tha lt�nts in the evtnt�'
<br /> Asslgaor's license is teriniaisted.a�refemd w above.shull be without}�r�iudice to Assi��e: ., ��
<br /> The rights ef�►ssigaxe hereimder arE cwnulative and concuzrettt, maY be Pu�suod sc�arately�
<br /> � successively or together and may bo eUCercised e�eften as oGr�tsion thero�pr shaU arise,it bcing „
<br /> agc�eed by Assngnor that th��exercise of any one or usore of 3he rights�rovided for herean sha11
<br /> not be canstrued as a w�i�v�r of say of the other rights or r�uc►edies a�.Assignee. at lew or in
<br /> equity or other�uise,so long as any obligation under the L,oan lpqcuaaents nmains um�atisfied.
<br /> � i I. All rights�mi�.Assignee hereunder shaU inure w'tize beneSt of ite succes.�rs and
<br /> ��igns:ana�i all obligatio�s�of Assi�or shall bincl its succas�rs aae�as�igas aad any subsequent
<br /> ownea of the Prope�ty. All rights�fr A�ssig�ev fn.to and under this Assignment shall pass to and
<br /> may be exercised by any a�sigaee o�such rights of A�g+m�e. Assignor hereby agt+�that if
<br /> -- D005NY1391�b1&2 6
<br /> • 6233�876 JK9
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