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<br /> ' � � �'J � �{ na sx�cut�d any pricx
<br /> " �`_ " rP' ` d. Autpnor hK�by oown�na and w�r��nb b th� AutqnN that(i) A�si�nor
<br /> � atN�nm�nt of th�L.ws�or d Ib tiphf,tlN��nd InMra!thw�ln or the r�nt�ls to accru�thonundK;(b��'� �s� --_
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<br /> � �� p�►lorm�d any�ct or�xaaut�d�ny InNrum�nt whloh mtpht pnv�nt th�AsslpnM hom ap�r�a�p und�r any o1 tKmo�nd
<br /> �. •� .,,�= conditlonoh�nof.awhlchwouldllmltth�Aaiti7nNinwahopKallon:(o�Aul�norha�nd�cc.�pl�dnntund�rth�l.wator
<br /> any tub�qu�nt to th�cu�r�nt p�rlod la which nnt tuis�irs�dy b�com�du�end p�y�bf��(d)ttt�n i�na dNsult now
<br /> exi� n�uncNrth�LaN,a�d(�)llstl�na hu not execut�d�r�r�ntod�ny mndifiw�tion or�m�ndm�nt whatwrr of th�L,Ne� . y
<br /> �1tt�oraNy a kt w�itlnp�xc�pt u s�t tath fn&ch�dul�8,and th�t tlt�LwN 1�In 1u11 forc�and NhcL �,��-*f"�=��=�-�--
<br /> �--------_ =t_•._---
<br /> � • N B. IT IS MUTUALLY AtiREED WITH RESPECT TO EACH LF�►SE THAT: -
<br /> . . ;..
<br /> • : c• 1. Assipneehereby�rantspermisslontoAsalynortocoAactupon,butnotp�lort�acr.rual,all�ente,lssuas,depo � "l------
<br /> alts .�� _ - �_—_-
<br /> �u•:.��1 andprotitafromthesaidPremisesandtorataln,enduseanyenJoytheeeime,butrsienrosth�riphttorevoks�uchpsrm�ssion ___-_'
<br /> =�.�'i; atany tims,withorwlthoutceuse,by noticeinwrltinptoAsal�norbyce�INedmsitsenttotheaddroeshsr�inaiterprescribedtor � ----�
<br /> - �,�. ssndinp notices.U any event,such permission to Asaipnor shall be eutomaticaliy revoked upon default by Asei�na in the �'����;~1My;�I�T•
<br /> ?-�� � payment of an of the bligetians secured hereb or In the performanoeof any obit atfon,covenant,egreement heref�,ln sald �-�� ° -""'��-�"`
<br /> , y O y 0 i�::'�w,�-��`���:_--
<br /> '-`�'' monyase or deed of trust,in the Lease or in ai�y of the Oblipationa aecured hereby,o�(n any securinp dxument gIven in � ------:
<br /> �� connectfon therewith,(ail ot which wfll be reterred to harefn as"Default").In the event thatth�A�ipnee ahould revoke auch :v. � ���
<br /> p�mission oretterthexcunenceof a Default,theAssipnee,mayatitsopNon,atternotlflcatlon toAssipnor,byceRlfled maii,to
<br /> ' the address herefnaRer prescribed tor sending notices,direct any nr aIi of the tenents of the Premiaes to pay to Asaipnee,its �'�,:;r_'�nr:�`�----��'
<br /> �T_
<br /> agenta or its attorneys,such rents, issues, proQts, revenues,deposita, rights and benefits as may now bo due or ahalt • °�.�;g;�,�g=-.K.e-�-
<br /> ,.�.i��r�f.:��
<br /> hereinafter becomedue,and Assipnee may co�lectthe same.Thealfldavit or written statement of an otficer,aqent,or attorney ,;, -�
<br /> of Aasip�ee atatinp thatthere has been a Defauit shall con;�.tituteconclus(ve evidence thereot.and sny tenantto other person$ ' •�^=�--�—�--
<br /> Is authorized and dtrected to rely thereo�.The Assipnor turther sprees,that in 4he event thape rmission to use and retein the . ____�
<br /> rents,(�come,(ssues,deposits and proflts,should be terminated or upon the occurance of a Defauit,to immedfately turn over _rf���_
<br /> to Assignee,atthe time and i�the manner requested by Assi�nee,all securlry depositsor other monies depoalted by Lessees :�-.�
<br /> . of the Premises in accordance with the provisions of ihe Leases. � ' � ='�`�.=�'�
<br /> . � � � ,���
<br /> � 2. Notwithstanding the provislons of paragraph 1 hereinabove,upon or at any time after a Defauit,as deflned .;�,
<br /> h�reina6ove,theAasignee,at tsoption, � . I —
<br /> I maydeclareailObilgationssecuredherebylmmediatetydueandpayabie,andmay,at ����
<br /> its option,without notice,and if any such Oblfgations be secured by deed oi trust irrespective of whether a decia�ation of � +�:'.� .—
<br /> �,� �'� z��
<br /> default under said deed of truat has been delivered to Trustee thereunder,exercise all riphts and remedies conteined in said ;..• • _
<br /> mortpaee or deed ottrust and without repard tor theadequacy of security torthe Obiigatfons hereby secured,either in person ' ` �
<br /> or by agent with or without bringing any action�r proceeding,or by a recelver to be appointed by a court,enter upon,teke � � . ,
<br /> poseesslon of,mansge and operate said Premises or any paR thereof,make,enforce,modiy,and accept the surrender of
<br /> Leases,obtain anr!evtcttflnanta,fix or modHy rents,and do any acts which the Assignee deems proper to protect the security �. '�' �
<br /> he�doi,and eiiher wlih or witt�ouitaklns pos:,o:�tan a!the Premises,in!ts own name,eue f�r�r otherwise cotlect and receive • �� i#f
<br /> � all�ents,tssues and proflts,including those past due and unpald,any appiy the same,tess costand expenses ot operation and : •
<br /> coilaction,inciudinp,but not Iimited to,payments tor wages and payroli taxes,compensatfon of manapinp aqent and other �
<br /> ma�ayement costs and expenses,reat estate taxes and assessments,water,sewer,and simitar charyes,insurance and
<br /> � � worker'acompensation premiums,ground renfs,customary reai estate commission,and reasonebte attorney's fees and court
<br /> � costs,upon any Obll9atio�s secured hereby,and in such order as the Assignee may determine.The entering upon and taking
<br /> � possession of the P�em(ses,the collection of such rents,issues and profits and the applicatfon thereof es atoresaid,shall not
<br /> ; cure or waive any deiault or waive,modNy,o�affect notfce of detault under seid mortyage ur deed of t�ust or invalidate any act
<br /> done purauant to suoh notice.Assignor hereby releases eny end all clalms whtch it hasor mlpht have agafnstAsafgneearlsing
<br /> � out of such coilection,manayement operation and melntena�ce,exceptinp th�liebility of Asstpnee to eccount for amounts . �
<br /> j � collected and expended by it a �
<br /> �
<br /> 3. The As�ipnoe shall not be abiigated to perform or discharge, nor does it hereby undertake tope rtorm or •� _
<br /> discharye,any obliqation,duty or Ilabllity under the Lease,or under or by reason ot this Assignment Assiqnor shali and does ;+
<br /> � hereby aflree to Indemnify theAssignee against and hotd it harmless from any and all Ilability,loss or damage which it may or —
<br /> mfflht Incur under the Lease or under or by reason oi this Assignment and of and from any and eli claims and demand � "
<br /> whatsoever which may be asserted against it by rdason of any alieped obli�atlon or undartaking on its paRto perform or in the �
<br /> � dischar�e of any ot the terms,covenants,or agreements contained In the Lease;shouid the Assi�nee incur eny such Ifebfiity, .
<br /> loss or damape under the Lease or under or by reason ot this Assignment,or in the defense a�ainst any such�taims or
<br /> demanda,the amount thereof,including costs,expenses and reasonabie attorney's tees,together with interest thereon et the
<br /> hfghes!rate set forth in any of the Obligetlons secured hereby,shell be secured hereby and by the said mo►tya�e or deed ot
<br /> trust,and Assipnor sheli relmburse the Atsignee therefor immediately upon demand,and upon the feilure of Assi�nor so to do
<br /> the Asaipnee may decla�e ali Obli�etions secured hereby immediately due and payable. �
<br /> •r,
<br /> � C. IT IS FURTHER MUTUALLY AaREED THAT:
<br /> .. , _
<br /> �: . �� � 1. Untii the Obifgations secured hereby shali have been paid in tull,Assignor covenants and agrees to keep leased -
<br /> �t� � at a qood and sufficient rental the Premises and upon demand to tra�sier and assfgn to the Assignee any and ali subsequent
<br /> ! � � Leases upon all or any part of such Premises upon the same or substantfally the same terms and conditions as are herein
<br /> l �, � contained,and to make,exetute,and dellvor to the/lssignee,upon demand,any and all instrumentsthat may be necessaryor
<br /> � deslrable theretor,but the terms and provisions of thfs Assignment shall appiy to any auch subsequent Lease or Leases
<br /> ��� whether or not so assf�ned and tranaferred.
<br /> � ` ' 2. Assiynor shail,upon request of Assignee,furnish it a complete Ifst as ot the date of the request of all Leases and
<br /> ;y • � other tenanctes of the Premises in such reasonabie detaii as may be requested by Asslgnee.Further,(f requeated,Assi�nor
<br /> --�' •� ahall del(ver to/lssignee exe�cuted or certified copies oi all Leases and other written agreements,cor�espc�ndence,and �
<br /> � memoranda between Assipnor and Lessees and other tenantssettiny forth the contractual ar�anyementa between th�xn.3uch
<br /> . requeata may be miede at any reasonabie time. .
<br /> -�`" � ���� n r�.��i.....��.,tt..�.......,.,e,.�x,.►esee....,ae.c..►,���ta+a norAtn �hau nnt Invelidnta or aNact in anv manner.the
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<br /> _� - - '� . V. I ItOIPtIMIV�v tw�su� rr�v..w rvw��............�"'���'��'.�.�._._.._. _. �
<br /> � �� �enerai aasipnment of rents and jeases provided for hereln.
<br /> =r � ' , l•
<br /> �s'� �.1 _ • 4. Upon the payment in fuli ot a�l Obii�ations secured hereby,as evidanced by the rocordinp or fitinq o1 an '
<br /> inatrument ot sattsfactlon or iull release of said mortgage or deed ot trust,unless there shail have been recorded anothe�
<br /> ;� . mortqaye or deed of trust in tavor ot the Assiynee coverin9 the whoie ora�y pa�t of the leased Premiees,this Assipnment shatt
<br /> � .� . become null and void and of no effec�
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