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<br /> � ; � � . ��Aseip or hereby aovenant� and war�e�teto the Asaipnee tfiet(a)AaslDnor has not exeauted any prior r�� ,l .r •
<br /> � asaipnprbAt 8!'Mp��or of Ita right,�le ertd intereat therein or the rentats to acarue thereunder(b)Aa��gnor has not +... �:_;._•�,____ __
<br /> ' pertormed eny aat o bxeaut e d any ins trurtoen t w h fe h m i�h t preve n t t h e A s s i p rt e e f r o m o p e r a t i n�u n d e r a n y o f t h e t e r m a end ,. • . ��,�..�
<br /> conditionshereoi,orwhiahwoutdlimittheAeal�neeineuahoperadon;(c)Aesi�norhes�ot�cceptedrentunderthetreaeetov __ .f___ ___ _
<br /> � any rlod eubaequent to the ourrent perlod for whieh rent hes ai�eady becoKee due end Rayabie;(d)there ta no dntauit noc� : .;.,
<br /> a
<br />� out inguadertheLoaso,and(o AeglpnorhasnotexecutedArflrantedanymodKlcatlonoramendmentvrhateveroftheLeaae r ;�Y :
<br /> �� ' etther oreliy or in writinp excep�aa set farth In 8chedu te B,an d t ha t t he L.e a�e i s i n f u i t t o r c e a n d e tt e a t. ., � .;r�:+=
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<br />- � B, IT IS MUTUALLY AAREED WITH RE8PECT TO EACH LEA8E THAT:
<br /> 1. Asaigneehereby grantspermissfontoAasignortocollectupon,butnotpriortaaccruat,elirente,issuea,de�oaits �
<br /> � andpraf(tafromthesaidP�emisesar�dtoretaln,anduaesnyenJoytheesme,butreserveatheri�Mto�evokeeuahpermisalon , •� ,
<br /> atany time�withorwithoutoause,by noticoinwridngtoAeslg�orbycertlftedmailsenttotheaddressherelnafterprescrlbedtor , -
<br /> s0nding notices.ln any event,such permission to Assignor shatt be automaticaliy revoked upon deteult,by Assipnor in the �, _
<br /> � payreentofanyottheObligaUonasecuredherebyo�inthepertormanceotenyobiigation,covenan�,agreementherein,i�said � _
<br /> moRgage or deed of trust,in the l.ease or in any of the Obligetiona secured hereby,or in any seourtrtg doaument given in .-
<br /> conneatfon therewith,(ail ot whiah will be reter�ed to herein as"DetaulP').in theevent that the Aaslgnee should revoke such „ .
<br /> permissionoraftertheocaurrenceofa0efault,theAssignee.mayatitsoption,aRer�otiNca�ontoAssignor,bycertifledmeil,to
<br /> ' 4he address hereinatter presoribed tor sendfng notices,direct any or aif of the tenants of the P�emises to pay ro Aeslgnee,lts � _
<br /> �� agents or Ite attomeya,such�ents,Issues,proflts,revenuea,deposits, ►Ighta and beneflts as may�now be due or shail �
<br /> herelnaiterbecomedue andAsaigneemaycoileatthesema.Theaf�davitorwrlttenatatementofanofflcer,egenLorattamey � �� -��
<br /> � ofAssfgneestatingthatt�erehasbeenaDefauiishaiicnnati�utaeoncius{v�8vidsncsihersal,mndunytenanttoetherp4rsene -.- _- ���
<br /> is authorized and direated to rety thereon.The Aasignor further agrees,that in the eventthepermission to use and retain the � ` .o ^ � .�.
<br /> renta,income.isaues,deposits and proflts,should beterminatad or upon the occuranceof a Default,to immediately turn ov�r .�� ;
<br /> toAssignee,atlhetimeandinthemannerrequestedby Asaignee,allsecuritydeposltsorothermoniesdeposltedbyLesaees l � '� . _
<br /> ot the Premises tn accordance with the provisions of the Leases. I " '
<br /> 2. Notwithstandlng the provislona of paragraph 1 herelnabove,upon or at any Ume atter a Oefault,ea deflned .
<br /> �� hereinabova,theAssignee,atltaoptior�,may deolareailObligatlonssecuredheretiyimmediatatydueandpayabie,andmay.at �
<br /> its opUon,wlthout notice,and if any such ObUgations be secured by deed of trusi IrrespecNve ot whether a declaration ot ,,
<br /> defauit under said deed of truat has been dellvered to Trustee thereunder.exercise ali rights and remedlas contained in eaid � • �•"
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<br /> mortgageorde8doftrustandwithoutregardtortheadequacyofseaurityforthe0btigadonsherebysecured,eitherinperson � � ��' ,
<br /> or by agent with or without bringing any actlon or proceeding,ar by a receiver to be appointed by a court,enter upon,take � . =f'dA�
<br /> possesafon of,manage and eperate satd Premises or any pa►t thereoi,make.eritorce,modliy,ar+d accapt!�a�ursender�t � --� -
<br /> Leases,obtaln and evicttenanta,ifx or modify rents,and do any acts which the Aasignee deems proper to protectthe security �
<br /> hereoL and either with or without taking posaession of the P�emises,in Its own nsme,suefor or atherwise collect and receive . 1
<br /> allrents,issuesandpratits,inaiuding thoaepastdueandunpaid,anyapptythesame,lesacoatandexpensesofoperetionand �
<br /> colleadon.inctuding,but not Ilmited to,payments for wages and payrolt taxes,compensation of managing agont and other `� �
<br /> management coats and expenses.real estate taxes and asaessments,wate�,sawer,and simllar charges,insurance and �
<br /> warkar'sao„��ar�:.�ar.�:ar�:une,yrau^dr�ni°„cu�to�!l8;•f@olsagtatornmmiaalnn,and�AA80neblBBttOf(16V�sfeesandcourt i '
<br /> costs,upon any Obiigations secured hereby,a�d in such orderas the Assignee may determine.The entering upon and taking j � ,;��J 1
<br /> possession oi the Premises,the collection ot such rents,lasues and profits and the application thereof as etoresaid,shatl nat + ,, � �
<br /> cureorwaiveanydefaultorwaive,modNy,oraHectnoticeofdefauitundersaidmortgageordeedoftrustorinvalidateanyact ; � f�� '
<br /> done pursuanttosuch notice.Assignor hereby reieases any and all claims which tt hes ormight have agatnst Aasigneearising , �' ' �
<br /> out of such collection,management operatlon and maintenance,excepting the Ifabllity of Assfgnee to account tor amounta � �:
<br /> � coltected and expended by it �•
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<br /> 3. The Assignee ahatl not be obligated to perform or disCharge, nor doea it hereby undertake tope rtorm cr
<br /> discharge,any ob8gation,duty or Iiabliiry u nder the Lease,or under or by reason oi this Assignment Assignor shall and doea
<br /> hereby agree to indemniN the Assi�nee agalnstand hotd it harmtess from any and aII tiability,ioas or damage which it may or
<br /> might Incur under the Lease or unde►nr by reas�n of thfs Asslgnment and of and from any end aii ciaims and demand
<br /> whatsoeverwhich may be assened agalnst it by reason of any alleged obiigatfon or undertaking on Its partto perform or in the .
<br /> � discharge of any of the terms,covenants,or agreements contained in the Lease;should the Aasignee incur any such Ifability,
<br /> � Ioss or damage under the Lease�r unde�or by reason oi thls Aasignment, or in the defense ageinst any such cteims or
<br /> demands,the amount thereof,including costs,expenses and reasonabte attorney's tees,together with interest thereon at the
<br /> 1 highest rate set forth In any of the Obtigatlons secured hereby,shalf be secured hereby and by the safd mortgage or deed of
<br /> trust,end Assignor shall reimburse the Assignee therefor immediately upon demend,and upon the tailure ot Assignorao to do
<br /> the Assignea may declare alt Obligatfons secured hereby immediately due and payable.
<br /> C. IT IS FURTHER MUTUALLY AGREED THAT:
<br /> ' 1. Untii the Obligationa secured hereby sha�l have been paid in tuli.Assignor covenanb and agrees to keep leased
<br /> at a good and suNiCient rental the Premises and upon demand to transter and aesign to the Assignee any and ail subsequent
<br /> ' Leases upon a8 or any part of such Premises upon the same or substantialiy the same terms and conditfons as are herein
<br /> � contained,andtomake,execute,a�ddelivertotheAssfgnee,upondemand,anyandaliinstrumentsthatmaybenecessaryar
<br /> �> i desirable therefor,but the terms and provisfons of this Assignment shail apply to any such aubsequent Lease or Leases
<br /> whether or not so assigned and transferred,
<br /> 2. Assignor shal�,upon request of Assignee,furnish it a complete�ist as oi the date of the request of att Leases and
<br /> other tenancies of the Premises in such reasonable detaii as may be requested by Assignee.Further,if requested.Assignor
<br /> ahall deliver to Assignee executed or certified copies of all Leases and other written agreements,correapondence,and
<br /> memoranda between Assignor and Lessees snd other tenantssetting forth the contractuai arrangements between them.Such
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<br /> ' 3. The taflure to�ist any specitic Leases under Schedule B hereto,shati not invaifdate or affect in any manner,the
<br /> I general assignment of rents and leases provided tor herafn.
<br /> ' � 4. Upon the payment in tult of ell Obligationa secured hereby, as evfdenced by the recording or flling of an
<br /> � .+ I Instrument of satisfaction or fu�l release of said mortgage or deed of trust,unless there shall have been recorded another
<br /> 5 ' mo�tgage or deed of truat In favor of the Assignee covering the whote or any part of the leased Premises,this Assignment shall
<br /> become null and void and of no ettect
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