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<br /> �ox�sEa�►eLS oA tn��+o�r�zn, a►xo n�r�utci.BSS oa wma� socR Lossse,
<br /> c�►iKS, ��r�►rlr��s, �x��s�s, �►c�rioxa, so=se, osz.zc�►T=oxs,
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<br /> ISIIBILITIEB OA LIENB 4QCURR�D.
<br /> - ��=or.� v
<br /> �se=amm�r .or �rra. ss�nes wn �nr=se
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<br /> ;h � 5.i Assiqns�ant ot Ront�. Tru4tor bar4by pr�a�ntly and
<br /> absolu�oly ��ai.gns an�1 tranat�ra to 8anotiaiery all tb� r�nts,
<br /> i�su�r and prolits o! th� Psoperty, and horeby qiv�� to and aontars
<br /> upon H�neliaia�ry the riqht, po�rer ar�d authorilyl to aoll�ot �uch
<br /> rents, isaues aurd pralitss provided, howsvQr, that Trustor shell
<br /> bave a lia�nao to collect auoh rants, i��uas snd prolits (but not
<br /> aor� than taa nontha in advanae unloas tb� writt�n approval ot
<br /> 8en�liaiary baa lirst b80n obt,a�ined) prior to or at au�y tim��thara
<br /> is not an Evant o! Det�ult �deti.n�d in saation 6.1 harQO!) . ThR
<br /> -'-�< '=� ' .,;_�„�, �_, , a�aiqnm�nt ot tha renta, isaues and prolit� ot th� Proporty in this
<br /> l kf' 1 .�id tO
<br /> .•. ��+-• =.A°�•• ����:: � n e� d to b� an absolute assi ent lrom Trustor
<br /> �irtiale V ie� i t nde gnm
<br /> � ,ir;;`!�;��:�"�t"`: n Beneliaia�ry and not aer�ly the pnssing ot a s�+aurity int4raat. Ths
<br /> �' rents, issuoe� nnd proti.ta �►re hareby aesignad absolutely by Truetor
<br /> r�� :;.°. . to Benelioiary aon�inqent only upon tho oaau�conca o! an Evant ot - .
<br /> ' • ' ; D�fau].t (delined in 9eotion 6.1 herao!) .
<br /> '`. � •�^'� .. :.. 4 . 5.2 oolle�tion.Upon Delault. Opon the 000urrettce o! s:,
<br /> . .... ,.. �•�
<br /> _' ��'����r`'�"��� an Event o! Delault (ds�3.n�d in Seatfon 6.1 hereo!) , Beneficfary
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<br /> �; �����,� �� ... .�. may, at any tim� wittioat notico, Qither in p�rson, by agent or by �
<br /> " ��,���� � a reaeiver apgoint�d by a aourt, and without regnrd to the adequeay
<br /> y��,�� •��� ��:s,:�.....� ��,.s�� o! any ae►auxity !or ttie indebtednea� hereby seaurQd, �ntar upon and
<br /> .
<br /> ,_ � - , � � take po���a�fon ot th� 8rcape�cty, or dny part thareot, in its own
<br /> , , nayae sue !ar or otherwis� colieat such rents, issuea and prafits,
<br /> , � inaluding ttaooe past due� and unpaid, and apply the sa�ae, less costa
<br /> � . -r° andl exp�nses o� operation and collecticn, inaluding attorneys�
<br /> � �.���� "- � �� fees, upon any ind�ab�ednesa seaured hereby, and in such order as
<br /> . �.�.,: � . -�,...
<br /> . � � �`�•? Hen�tiaiary nay d�termine. The colleation ot such rents, issues
<br /> �S .� and protits, or the enterinq upon and takincq pos�ession ot the
<br /> �.��, , . .� , Property, or the application thereo! as aforesaid, ahall r►ot curs
<br /> ���°•�� � �� or waivo any default or notice o! defauit hereunder or fnvalidata ': �
<br /> ��, , n ' � . � �� : any aat done in responas ta suah dePault or pursuant to auch notiaa
<br /> . • of default.
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<br /> �T=cL8 vs
<br /> �, �' REI�EDIEB OPON DEFl10LT
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<br /> � - ° . 6.1 Events of Default. The oacurrence of any of the "
<br /> ���`'; Pollowinq events shall constitute an event of default ("Event o!
<br /> ,. . DePault") hereunder:
<br /> �
<br /> �'''"� (a) An Event of Default ocaurs under the
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<br /> +"����'�' • � Finanaing Agreement or any oP the other Finanaing Doaumentat or
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<br /> (b) Any representation or warranty aontained �
<br /> � � . herein shall be inaccurate or incomplete in any material respect on � .
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