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<br /> . • � 8. Aulpnor h�r�by covenenh and wananb to the Asai�nee that(e) As�fpnar hae nal exocuted eny pror - .��;:�.er�
<br /> essipnment o1 the leass w of ib rlphl,dUe and I�tere�t thereln or the rantal�to eao�ue the►aundw;(b)�no►has no! -. ','�=���. .;y�--
<br /> , iperformed any eot or exeauted any insltument which mlpht prevent th�M�Ipnee Irom opsradn�unue�eny o1 terms and h.;;4}j.:_ ._.;
<br /> , condlUont hweof,o�which would Iimit the Assipnseln such opsntlan:(c)A�i�nor hes not�r.�asptod rent und�r ths I.�asstor ' , . •«�_-:._
<br /> ` anyperlod sub�q uent to the cu►rent psriad br which►ent haa elrsady b�come due end psyeWe;(d)thsre is no dahull now � -�;;.
<br /> � ' oxlNinpunde►theLeaas�and(a)As�lOnorhasnotexecutedorqrsnted�nymodMicatlonoramendm�nlwhate+ra�oltheLeoso . . :;:t.k�4r•
<br /> � elthar orally or fn w�itlnp except e4 ret foRh in Scheduk B,and that ths Lwse Is in lull fo��nd effsot.
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<br /> j B. IT IS MUTUALLY AORCEO WITH RE9PECT TO EACH LEASE THAT:
<br /> 1. Assipnee herebygrantspermisaion toAaslpnortocolleat upon,but not p►lor W ecc►ual,all rents,lesues,deposita
<br /> and prollts hom the said Ptemises and to retein,anduseeny enjoythe aame,but reaenreslhe�Iphtto revoke euch pennlaslon '
<br /> eteny Ume,withorwithoutcause,by nodceinwridnptoAesfgnorbyceniNedmailsenttotheaddreashereinatterpreacribedfor
<br /> aending notices.In any event,such permiealon to A�signor shell bo automadcelly revoked upcm deleult,by Asslpnor in tha ,
<br /> payment of any of the Oblipatfona secured hereby orin the pertorma�ce of any obligatfon,covenant,apreement herein,fn eaid
<br /> morlyage or deed of trust,in the Lease or in any ot the OblpAdons secured hereby,or in any eecuring document given in
<br /> conaecNon therewith,(all of which will be reier►ed to herein as"Detaull"►:In the erent that the A�af��ea shou�d revoke such .
<br /> perm�ssion o�after the xcurrence of a Defaul�the Assignee,mayat ib opUon,after rwtification to Assigna,by ce�titied mail,to
<br /> ihe uddress hefeinatter pre�c►ibed b�se�din�notfces,di�ect aay o►all of the te�ants of the P►emisea to pay ta Assiynee,its
<br /> � ageMs or ita attomeye, such�enb, issues,praflts,revenues,deposds,ri0hts and bene�its as�+'►ay now be due or shal� .,
<br /> •�'r� hereiaatterbecomedue.andAssip�eamaycollect�esame.Theaffidavftorw�ittensiatemenlo4anotiicer,age�,orattomey •;,.;:..�i: ;
<br /> � ' �`r': �'� � I �A61ss1��eeslatingthatthe�ehasbeenaQe9aul�sha��conslituteconclusiveevidence3�ereoi,andanyter�anttoo'lha�petao�.. �,,.t;.,.
<br /> ; ' ;;,�,;�'� , !s awthoriaedl and d1Tected to rely thereon.T'he Assignoriurther agree�,1hat in the even11hepermisslon ta us�and Tataln the � +�,;'->;.�••".
<br /> � �r�� �::;.:� �enb,inaomo,issues,daposit�anrl pro9hs,should beterminatedor�uponthe occuranae of a Deiau�.to Irnmediately turn over •
<br /> " r � ' ' � •:. ttaAssipnee,atthelimsandinlhernannerrequestedbyAsslgnee,allsecuriydaposNsoroli�ermoniesd�positedbylessees � . ..,� ;
<br /> � � o41he Premisas In accordance wi;h 1�provislans of ntie Leasea . . `,,��.� �
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<br /> 2. Notwithsia�rlina ihe provlsions o4 para�ra�h 1 hereinabova, u�on ar a9 aTy�lime aRer a Deiaul�,as deTined
<br /> � hereinabove,the Asaignee,at its opdon,may declareal Obligadons aecured hereby immediately due andpay+able,end may,et .L
<br /> �• � � its option,wNhout notice,a�d if eny such ObUgat�Ons be aecured by deed of trust irrespeclive o1 whether e decleration of _,_
<br /> � � detault under seid deed of trust has been delivered to Trustee the►eunder.exercise all�Ights and remedies confeined in seld
<br /> , mortgage or deed of trust end wlthout regard for theadequecy of aecurity for the Obllpadons hereby secured,either in person �-
<br /> i � or by egent with or without bringing any ecdon o�proceeding,or by a receiver to be appointed by a court,enter upon.l�ke �
<br /> poesesefon of,manage and operate seld Premlaea or any part thereof,meke,enforce,modity.and eccept the suRender ot
<br /> i.eases,obialn and svlctlsnanls,t!x or modity rent+s,nnd do any ecta whfch the Assignee deems properto protectthesecuriry �
<br /> hereof,end either with or without teklnq poaseseionof the Premleea,in ite own neme,aue for or otherwise colleet end rscewe � �T
<br /> allrenb,issuesendproflts,including thosepastdueandunpafd,enyapplytheeame,leseeoatandexpenaesofoperedo�and
<br /> collecdon,lncludinp,but not Iimited to,peyments for weges and pay�oll tezea,compenseUon of mane�fnp apent and other �
<br /> menepement coets and expenaea,real estate taxes and ease�emente,water,sewer,and elmllar chargea,inau�ence and
<br /> worker's compsneation premlums,yround rente,cuetomary real estete commlasfon,and reasonable atlomey's fees and court ,
<br /> coate,uponanyOblipatlonssecuredhereby,andi�euchorderestheAsafgneemaydetermine.TheenteNng uponendteking
<br /> poasesalon of the P�emises,the colleotion o1 auch rente,issues and profks end the applicatlon thereof as aforeaaid,ahell not
<br /> cure or welve any default or waive,modlly,or aHectnotice ot delault under said mortyage or deed of trust or invalidate eny ect
<br /> - donepursuanitosuchnotice.AssignorherebyreleasesanyandallclaimswhichithasormighfhaveagefnstAssfgneeariaing
<br /> out of auch collection,menagement operation and malntenance,excepting the Iiability of Aesignee to account for emounts
<br /> coHected end expended by it
<br /> 3. The Assignee ahall not be oblfgated to pe�farm or discharge,nor does it hereby undertake to peNorm or
<br /> discharge,any obligatlon,duty or Ilebility under the lease,or unde�o�by reason ot thls Asaignment Asaignor shell and does . ,
<br /> � i herebyagreetoindemnilytheAssigneeagalnstandholditharmlessfromenyandalllfebility,lossordamagewhichitmayor ,
<br /> might incu�under the Lease or under or by reason o1 this Asslgnment and of and from any and all claims and demand
<br /> i whatsoever which may be asaerted agalnst it by reaeon of eny alleged obli�ation or undertaking on ItspaAto peAorm or in the
<br /> discharge of any of the terms,covenants,or agreements conmined In the Lease;should the Assignee Incur any such NabilNy,
<br /> � losa or damage under the Lease or under or by reason of thia Assigoment,or In the defense against any such claims or
<br /> demands,the emounllhereof,inaluding costo,expenses and reasonabte ettomey's fees,together with inte�est thereon at the
<br /> highest rate set forth in eny of the Obllgallons secured hereby,ahall be secured hereby and by the said moAgege or deed o1
<br /> trust,and Aasignor ahall reimburse the Assignee theretor immedletely upon demend,and upon the'dilure ot Aasi�nor so to do
<br /> the Aasiqnee mey declere all Obligations seaured hereby Immedietely due and payable.
<br /> � C. IT IS FURTHER MUTUALLY AGREEO THAT: ,
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<br /> 1. Until the Obligatfona secured herebyshall have been pald fn lull,Assignor covenants end agrees to keep leased
<br /> at a good and sufficient�ental the Premises and upon demand to transfer and assign to the Assignee any and all subsequent
<br /> a Leasee upon ell or any part of such Premises upon the same or subslentially the same terms and conditions es are he�efn
<br /> contafned,and to make,execute,and deliver to theAsslgnee,upon demand,any end all instruments that may be necessery or
<br /> � � desirable therefor,but the terms and provisions ol thfa Assignment shall apply to any such subsequent Lease or Leases
<br /> • ' whether or not so assl�ned and trensterred.
<br /> ; 2. Assignor shall,upon request of Assignae.furnlsh it a complete list as of the date ot the request of all Leases and
<br /> � other tenancles of the Premfses fn such rRasonable det�tl as may be requested by Assignee.Further,ff requeated,Assfgnor
<br /> � shall deliver to Assignee executed or ceniffed copfea of all Leases and other written agreements,correapondence,and
<br /> f memorande between Asslgnor and Lesseesand other tenents settf ng forth the contractual arranyements between them.Such
<br /> � I requests may be made at any reasonable time.
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<br /> � � 3. Tho taflure to list an�specffic Leasea under Schedule B hereto,ahall not invalidate ar aHect in any manner,the
<br /> I general assiqnment of rents and eases provided br herein.
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<br /> , 4. U�son the payment in iull of all Obligatfo�s secur�d hereby, as evidenced by the recording o� til�ng ot an
<br /> � instrument o1 satislaction or tull release of said rnortc�ege or deed oi trust,unless there shall have been recorded another
<br /> mortgage or deed of trust in tavor of the Ass�gnee covenng the whale or any part o1 thP leased Premises,this Assignmgnt shall
<br /> « become null and void and o1 no eifect
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