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200400541 discounted, set -off, discharged or compromised; (vii) Borrower has not received any funds or deposits from any lessee for which credit has not already been made on Borrower's accounts; and (viii) none of the lessees under the Leases is in default of any of the terms thereof. 12) Borrower warrants and represents that Borrower shall not, without the prior written consent of Lender, (i) further pledge, transfer, mortgage or otherwise encumber or assign any of the Leases or Rents; (ii) waive, excuse, discount, set -off, compromise, cancel, terminate or surrender, or in any manner release or discharge lessees from, any obligations, covenants, conditions or agreements of any lessee under the Leases (including the obligation to pay Rents), or modify or in any way alter the terms of any of the Leases; (iii) renew or extend the term of any of the Leases unless an option therefor was originally reserved; (iv) accept any payment of rent for more than one month in advance of its due date; or (v) consent to any subletting (or further subletting) of any part of the Real Property and/or Personal Property, or to any assignment (or further assignment) of any of the Leases by the lessee thereunder. 13) Any breach of or default in any of Borrower's obligations, covenants, representations or warranties under this Assignment shall also constitute a default under any and all of the Secured Obligations. 14) Upon the payment of all sums owing under the Secured Obligations and upon written request by Borrower, this Assignment, except for paragraph 7 hereof, shall terminate and all the right, title, estate and interest of Lender in and to the Real Property and Personal Property shall revert to Borrower. 15) Except for any notice required under applicable law to be given in another manner, any notice provided to Borrower or Lender under this Assignment shall be given by certified mail at the address set forth above and shall be effective upon mailing. If Borrower is more than one person and/or entity, notice sent to the address set forth above shall be notice to all such persons and/or entities. 16) This Assignment shall be binding upon, and inure to the benefit of, the respective successors and assigns of Borrower and Lender and all future and subsequent owners of all or any portion of the Real Property and Personal Property. 17) This Assignment shall be governed by the laws of the State of Nebraska. IN WITNESS WHEREOF, the parties have executed this Assignment as of the date written above. B & B Rental Properties, Inc., i o and Re olds ecret Yn ary LIM IN Signature for Lender Gail Brummund, Vice Assignment of Leases and Rents central park.doc 4 of 5