Laserfiche WebLink
r <br />Loan No: 101349112 <br />202304319 <br />ASSIGNMENT OF RENTS <br />(Continued) Page 6 <br />this Assignment, together with interest on such amounts as provided in this Assignment. Specifically, without <br />limitation, Indebtedness includes the future advances set forth in the Future Advances provision, together with all <br />interest thereon and all amounts that may be indirectly secured by the Cross -Collateralization provision of this <br />Assignment. <br />Lender. The word "Lender" means Five Points Bank, its successors and assigns. <br />Note. The word "Note" means the promissory note dated August 17, 2023, in the original principal <br />amount of $100,720.00 from Borrower to Lender, together with all renewals of, extensions of, modifications <br />of, refinancings of, consolidations of, and substitutions for the promissory note or agreement. <br />Property. The word "Property" means all of Grantor's right, title and interest in and to all the Property as <br />described in the "Assignment" section of this Assignment. <br />Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan <br />agreements, environmental agreements, guaranties, security agreements, mortgages, deeds of trust, security <br />deeds, collateral mortgages, and all other instruments, agreements and documents, whether now or hereafter <br />existing, executed in connection with the Indebtedness. <br />Rents. The word "Rents" means all of Grantor's present and future rights, title and interest in, to and under any <br />and all present and future leases, including, without limitation, all rents, revenue, income, issues, royalties, <br />bonuses, accounts receivable, cash or security deposits, advance rentals, profits and proceeds from the Property, <br />and other payments and benefits derived or to be derived from such leases of every kind and nature, whether due <br />now or later, including without limitation Grantor's right to enforce such leases and to receive and collect payment <br />and proceeds thereunder. <br />THE UNDERSIGNED ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS ASSIGNMENT, AND NOT <br />PERSONALLY BUT AS AN AUTHORIZED SIGNER, HAS CAUSED THIS ASSIGNMENT TO BE SIGNED AND EXECUTED <br />ON BEHALF OF GRANTOR ON AUGUST 17, 2023. <br />GRANTOR: <br />TP ESTATE & CO LLC <br />By: <br />TAMMY PHAM, Member of TP ES ATE & CO LLC <br />STATE OF (\163(646 <br />COUNTY OF 148 41 <br />CORPORATE ACKNOWLEDGMENT <br />1 SS <br />On this q -14'n day of lE20 a , before me, the undersigned <br />Notary Public, personally appeared TAMM PHQIIl , Member of TP ESTATE & CO L C, and known to me to be an <br />authorized agent of the corporation that executed the ASSIGNMENT OF RENTS and acknowledged the Assignment to <br />be the free and voluntary act and deed of the corporation, by authority of its Bylaws or by resolution of its board of <br />directors, for the uses and purposes therein mentioned, and on oath stated that he or she is authorized to execute this <br />Assignment and in fact executed the Assignment on behalf of the corporation. <br />Printed Nam <br />69NIo3 <br />(IC rI2 I PK) <br />Notary Publind for the State of __li��� <br />Residing at <br />My commission expires <br />0(90 <br />