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mmmmmmii <br />ASSIGNMENT <br />Loan No: 7633036722 Conin ed) RENTS�, O O 4 19 3 Page 7 <br />Grantor. The word "Grantor" means Jonathan M. Smith and Melanie A. Smith. <br />Guaranty. The word "Guaranty" means the guaranty from guarantor, endorser, surety, or accommodation party to Lender, including <br />without limitation a guaranty of all or part of the Note. <br />Indebtedness. The word "Indebtedness" means all principal, interest, and other amounts, costs and expenses payable under the Note <br />or Related Documents, together with all renewals of, extensions of, modifications of, consolidations of and substitutions for the Note <br />or Related Documents and any amounts expended or advanced by Lender to discharge Grantor's obligations or expenses incurred by <br />Lender to enforce Grantor's obligations under this Assignment, together with interest on such amounts as provided in this <br />Assignment. Specifically, without limitation, Indebtedness includes all amounts that may be indirectly secured by the <br />Cross - Collateralization provision of this Assignment. <br />Lender. The word "Lender" means Wells Fargo Bank, National Association, its successors and assigns. <br />Note. The word "Note" means the promissory note dated February 23, 2004, in the original principal amount of <br />$ 168,000.00 from Grantor to Lender, together with all renewals of, extensions of, modifications of, refinancings of, consolidations <br />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 described in the <br />"Assignment" section of this Assignment. <br />Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan agreements, environmental <br />agreements, guaranties, security agreements, mortgages, deeds of trust, security deeds, collateral mortgages, and all other <br />instruments, agreements and documents, whether now or hereafter 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 and all present and <br />future leases, including, without limitation, all rents, revenue, income, issues, royalties, bonuses, accounts receivable, cash or security <br />deposits, advance rentals, profits and proceeds from the Property, and other payments and benefits derived or to be derived from such <br />leases of every kind and nature, whether due now or later, including without limitation Grantor's right to enforce such leases and to <br />receive and collect payment and proceeds thereunder. <br />THE UNDERSIGAD ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS ASSIGNMENT. THIS DOCUMENT IS EXECUTED <br />ON FEBRUARY /2;3, 2004. <br />GRANTOR: <br />X <br />