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<br /> a��=amm�s os ��r�_ =��ma �n �o��
<br /> S.1 ��iams�nt ot R•nts. Trustor h�r�by pr���ntly
<br /> and ab�olut�ly a�sigr�s and transt�r� to Bsn�tiaiary aii th�
<br /> F��' r�nts, i��u�a and prolits o! th� Prop�rty, and h�r�by givs� to
<br /> and aonl�rs upon H�n�liaiary th� riqht, pov�r and authority to
<br /> coli�ct suah r�nts, issu�s end pratit�t provid�d, haw�v�r,
<br /> tbat Tru�tor shall havs a licetus to aoll�at auah r�nts,
<br /> i�su�s and prolits (but not sors than two monthe ia advana�
<br /> wni��s th� writt�n appxoval o! eonoticiary bas lirat b��n
<br /> obtain�d) prior to or at any time th4r� is not an Evant o=
<br /> D�tault (d�tinad in Ssation 6.1 h�rea!). Tho assiqnaent o!
<br /> ths ronts, fr4uas an�d prvlits ot the Property in tt►is
<br /> 7lrtial� V io int�nd�d to b� e�n absoluta aasigruaent lroa
<br /> " Trustor to B�n�tioiary and not mer�ly tha pasaing o! a
<br />- � r` +� �+u�"�': �Qaurity int�zaat. Th� ronta, isauea and prolita aro hsroby
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<br /> 4., �f�,�,,,,..�,,.,..,,� aaaigna� absolut�ly by Trustor to Bonoliciary contingant only
<br /> �•�� , ^ � upon the occurrena� o! an Evont o! Dalault (delined in
<br /> � .� . ;.; :. ; Soation 6.1 borao!).
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<br /> . . �-� 5.Z Colleation �on Detault. Upon tho ocaurranca o!
<br /> " ��.'��� an Evant of DQlault (detined in Seation 6.1 borao!) ,
<br /> `�- ����� • � sonaliciary may, at any tima without aotiao, aithsr in paraon,
<br /> a- po n y a a u , an w ou
<br /> � "� � � � . ���. rag�rd to tha ad�quecy of any a�aurity !or tha indobtednesa
<br /> � � heroby soaur�d, enter upon and tako pooaession o! ttis
<br /> -- • �roper�y, .or any pari zTnoreof, in it� own namo �us for or
<br /> otherwisa aollQat �uah rQnts, issuea and prolits, including
<br /> ; � those past due and unpaid, and apply tha eame, less aosts and
<br /> ' " expenses o! operation �nd collection, including attcrneys�
<br /> ' ' ' fees, upor� any fndebtedness sacured hereby, and in such order
<br /> ;; ; as Heneficiary may determine. The colleation of such rents,
<br /> ,#,_ , isauea and protits, or the entering upon and taking possession
<br /> � . of the Property, or the application thereof as aforesaid,
<br /> �, � � �_ shall not aure or waive any default or notice of default
<br /> ���6, hereunder or iavalidate any act done in response to such •
<br /> ` � detault or purauant to such notice of dafault.
<br /> ,6
<br /> • ' SRTICLB VI
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<br /> ' ' • REKSDI88 QpO1Q DBp710LT •
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<br /> � �� 6.1 Events of Defauit. The occurrence of any o! the '��"��
<br /> " ; lollowing events shall constitute an event of default (*Sver►t "��
<br /> . � of Default") hereunder: •",�
<br /> , (a) An Event of Default occurs under the
<br /> �' Financing Agreement or any of the other Financing Docwnentst
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