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<br /> - � 6. Aasigno►heroby cavenants and war�anis to the Asslgneo that(a)Asslpnor has not executed any prior t.r, _
<br /> assl8nment of the Lease o�of its right�tfUe and intereat thereln or the rentels to aca�ue thereunder,(b)Aasignor has not �• �', •��k:
<br /> - „ pertormed any act cr exeouted an instrument which might prevent the Aasipnee hom operatlnp under any of the terms ertd -;.,� ;,� '
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<br /> ., conditionshereof.orwhichwoutdllmlttheAssigneainauchoperatia►;(c)AssignorhasnotacceptedrenturtdertheL�easebr , �-�
<br />- anyperiod aub uent to the cvnent period tor which rent has already become due and payabl�(d)there ia no default rtow �.;�_;,ti
<br /> _ � ex(ati�gunderth�,and(e Assignorhsanotexecutedorgrantedanymodiflca�onorgmendmentwhateveroftheLeaae _
<br /> ;; '� 2ither orally or in wrlUng excep�as set forth In Soheduie B,aRd that the Lease fa in fuil force and eitect �� _
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<br /> , 8. IT!S MUTUALLY AaFiEEO WITH RE3PECT TO ERCH LEASE THAT: •� �� '•„N��`'�"`
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<br /> � t. Aasigneeherebyg►antspermiaslontoAssignortocollectupon,butnotpriortoacoruai,allrenta,issues,doposits � . *��:�; _
<br /> andproRtsfromthesaidPremisesandtoretain,anduseanyenJoythesame,butteserveathedghttorevokesuchpermission ... ,.,
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<br /> atanytlme,withorwithoutcause,by noUcei�wrttingtoAssignorbycardfledmafisenttotheaddresahereineRerpresaribedbr �y;:
<br /> �' sendtng noUcea. In any event such pe�m►sslon to Assignor shal!be automaticelly revoked upon detauit by Assignor in the �-:;._�
<br /> paymentofanyoftheObUgationssecuredherebyorinthepsrtormanceofanyobligadon,aovenant,agreementherein,insatd , �r==
<br /> mortgage or daed of trust,in the Lease or in sny of the ObligaHons�ecured hereby,or in any securing document gIven in �
<br /> " conneation therewith.(ail of which wlll bereferred to horeln as"DetaulY�.In the event that the Aseignee shculd�evoke such .,-
<br /> permissionoraftertheoccurrenceofaDefault,theAssignee,mayatitsopUon,afternodflcadantoAsaignor,bycdrtifledmail.to " �.Rk_..<,--'�'
<br /> the address hereinatter prescribed tor sending notices,dfrect any or all of the tenants of the Premises to pay to Aastgnee,its • . .
<br /> �� agenta or tts attomeys,such rents,Issues,proflts, revenues,deposfts, �ighta and beneftts as may now be due or sheil ����`
<br /> hereinatter becomedue,and Asaignee may collectthe same.The affidaWt or written statementof an oi�cer,agent,or attomey '""9"
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<br /> � BfRsslgrssa�iatEr��thattharsh�sbrcr:w�taulishsllcenstlhsteconclusi�eevidencerhA►aM,an�lanvm,nanttootherpersona . .-__'-'°'---=---
<br /> is authorized and directed to rety thereon.Tha Assignor further agrees,that In the eventthepermiesion to use and�otain the � .�;, ��_
<br /> " rents,income,issues.deposits and proflta,shoutd be terminated or upon the xcuranceof a D�fault,to immediatety turn over ` ,-Y.f.��
<br /> toAssignee.atthetlmeandinthemannerre�uestedby Assignee,alisecurlrydeposltaorotherrnoniesdepositedbyLessees ', • � :� -
<br /> of the Premises i�accortiance with the prov alons of the Leases. ��;-
<br /> 2. Notwithstending the provislons�f paragrsph 1 herelnabove,upon or at any tlme aiter a Default,as de�ned � �����
<br /> hereinabove,the Asaignee,at itaoptlon.maydeclare all Obliga�onssecured hereby immediate�y due and payeble,and msy.at � . ��',"•��.
<br /> ita opUon,wfthout notice,and if any such abilgatlons be secured by deed oi trust frrespecdve of whether a decleration ot � ' � �!
<br /> defauit under said deed of trust has been delivered to Trustee thereunder,exercise all righta and remedfes contained in said � � �'°
<br /> mortgage ordeed of truatand withoutregardfor th�adequacy of security torthe Obligations herebysecured,either in peraon � • ;�;�;_�,
<br /> or by agent wlth or without bringing any acdon or proceeding,or by a receiver to be appointed by a court,enter upon,take � '
<br /> possession of,manage and operate said Premisea or any paR thereof,make,ento�ce.modHy,and accept the surrender of � r-..�
<br /> � i.ea�s�obieina�devicttenants,�xorr�odityrsrs��arsddoarsyac!°>whlch2heAsstgneeslesmsprapertoprotesttha�u�44y ' - _�__..-
<br /> hereof,and either with or withouttaking posaession of the Premises,in Its own name,sue fororotherwise cotleotand recoive � . .
<br /> allrenta.isauesandproflts,includingthoae pastdueandunpaid,enyapptythesame,lesscostandexpensesofopereUonand , �
<br /> coltectlon.including, but not Iimited to.payments tor wagea and payrotl taxes,compensation of managing agent and other �
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<br /> management costa and expenses,reat estate texes end assessments,water,sewer.and almi�ar charges,insurance end ; { a
<br /> worker's compensarion premiums,ground�ents,customary real eatate commisslon,and reasonable attomey's fees and court �
<br /> costs,uponanyObllgaUonssecuredhereby,andinsuchorderastheAssigneemaydetermine.Theenteringuponandtaking � .: ';� ,
<br /> possession of the Premises,the collection of such renta,issues and proflts and the applicatfon thereof as atoresaid.shail not .•��
<br /> cure or waiveanydefault or waive,modify,oraff�ct notice of defautt under said mo�tgage or deed oitrustor invafldste an�act •r.
<br /> donepursuantto such notice.Assignor hereby releasesany and ali claims whlch it has or might have againstAssignee ar sing , �
<br /> out of such cdlection,manageme�nt operation and maintena�ce,excepting the Ilabllity of Assfgnee to account tor amounts
<br /> ' + collected and expended by It � �
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<br /> � 3. The Aasig�ee shalt not be obligated to periorm or discharge, nor does!t hereby undertake tope rtorm or . , � �>�
<br /> dlacharge,any obllgation,duty or liabliity us�der the Lease,or under or by reason of this Asstgnment Assignor ahali and does ;
<br /> � hereby agreeto i�demniy the Assignee ag ainst and hold It harmiess irom any and aii liabllity,�ossor damage whtch it may or -:
<br /> might Incur under the Lease or under or by reason oi this Aasignment and of and from any and ali claims and demand �h
<br /> l whalsoever which may be asseRed against it by reason of any eileged obifgation or undertaking on its�art to perform or in the ,
<br /> discharge of any of fhe terms,covenents,o�agreementa conteined in the Lease;should the Aaslgnee ncur any such Ilabitity, ,�''
<br /> ' ! loss or damage under the Lease or under or�y reason of thts Assignment,or i�the detense against any such ctaims or ' r�
<br /> ' demands,the amount thereof,including costs,expenses and reasonabte ettorney's teea,together with interest thereon at the , :-
<br /> � highest►ate set torth in an�of the Obllgatlons secured hereby,shall be secured hereby and by the sefd mortgage or deed ot _�
<br /> � trus�andAsslgnorshallrembursetheAssigneethereforimmediatelyupondemand,andupanthefailureofAssignorsotodo 5 .
<br /> � the Assignee may deciare e��Obiigatlons secured hereby immediately due and payable.
<br /> I C. IT IS FJRTHtR MUTUALLY AGREED THAT: •
<br /> 1. Untllthe0btigationssecuredherebyshallhavebeenpaidinfull,Assignorcoven8ntsandagreestokeepleesed .
<br /> at a good end aufficient rentai the Premises and upon demand to tranater and assfgn to the Assignee any and alt subsequent
<br /> ; Leases upon all or any part ot such Premi ses upon the seme or substantfally the same terms and conditions as are herein
<br /> � contafned,and to make,execute,and deliver to the Assfg nee,upon demand,any and at l instruments that may be necessary or
<br /> desirabie therefor,but the terms and provisions of this Assignment sha��appiy to any such subsequent Lease or Leases
<br /> whether or not so asslyned and transferred.
<br /> 2. Assignorshail,upon request of Assignee,furnish it a compiete list as ofthe dateof the requestof atl Leasesand .
<br /> other tenancies otthe P�emises in such reasonable detaii as may be requested by Assignee.Fu�ther,fi requeated.Assignor �
<br /> • shait deliver to Assignee executed or certilied copies o}ail Lea�es and other written agreements,correspondence,and -
<br /> memoranda between Assignor and Lesseesand other tenants settfng forth the contractuat arrangementa between them.Such
<br /> requests may be made at any reasonab�e time.
<br /> � 3. The talture to�ist any specific Leases undQr Scheduie B hereto,shali not inva�idate or aHeCt in any manner,the
<br /> generat assignment ot rents and leases provided tor herein.
<br /> ' � 4. Upon the payment in fui�of all Obl�gations secured hereby,as evidenced by the �ecording or filing ot an
<br /> ' ' instrument of satiafaction or full retease of said mortgage or doed ot trus�uniess there shall heve been recorded another
<br /> mortgage or deed ot trust in tavor ot the Assignee covering the whole or any part of the leased Premises,this Assfgnment shai�
<br /> � become nult and void and of no etfect.
<br /> . ctb�o ��ee a+
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