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<br /> IIRTICL� YIx �4��I�.��j "
<br /> � 7S8$IGNI�IBNT OF LF.liBL"S, RL"Ai't'S AND PROFI'.l'8 „ ,
<br /> 3.03. Aesiq�msnt, Ta furthex s�cur� ths ind�bt�d-
<br /> ness seoured heraby, �rustor heral�y sells, asgigns and
<br /> trAnqtere unto Benmtiaiary all the Rsnta now due and whiah
<br /> m�y hereafter baCome due under or by virtue oP any 2ease,
<br /> whethar written or oral, cr any lettfng of, or of any
<br /> agreomant for the uae or oacupancy of this Prcgerty or any
<br /> part therea�, wh3oh m�y have been h�eretoFoxe or ma�y be
<br /> her�e�ter���S�d� ar .t��x'e�ed ta or wh3ch:'may tas made Q� agreed . . . � . :� .
<br /> . �a:..by .H�n���ic���Y ��ridsr tl�e �owe�c� �herein qranted, ft being � . .
<br /> . • . � �i�iis..�.ntention her�lay .to establish �ln abeolute trana�er and
<br /> � a��ignment of all euch leases and agreements, amd ail the
<br /> avaiis thereunder, �e BenePiciary and not mereiy the qrai�t- �
<br /> ing ot a security interest. `i'rustor hereby irrevoaably
<br /> mppointe HenePiaiary its tzu� and ].awPul r�ttoxney in its
<br /> name, piace and atea�! {wi�h Ar withou� taking pos�eseion o!
<br /> this Propsrty as �rovided in Sea�ion 4.02(a) hereo!) to
<br /> rent, leaee or let a�ll or A»y portion o! thie Propsrty �o
<br /> a�ny perty oz pertie� at such rentai end upon �ueh terma as
<br /> 9�nwtieiary ehall, in ixe disaretion, deeermi.ne, end to
<br /> aoilaat ail o! eaid Rents arising lrom or daaru ing et eny
<br /> tim� h�reatter, end a13 now due or that may hurea�ter
<br /> beaome due under each and every of tho leases and agree-
<br /> ments, wrl.ttc�n or oral, or other tennnay existing, or whiah
<br /> m�ty heraafter exis� vn this Properzy, wi�h i�he same r�gh�c�
<br /> and poWers and subject to the same immunities, exoneration
<br /> o� liability and riqhts of recourse and indemnity as Bene-
<br /> fiaiary would have u�on taking possession pursuant to the
<br /> provf�ions oP Seation 4.02(a) hereof. Trustor represents
<br /> an� agrees that exaept with the prior written approval of
<br /> Beneficiary, which approval will not be unreasonably
<br /> withheld, na Rent has been or will be patd by any pezson in
<br /> passessian oE any poxtion of this Property for more than `''
<br /> one installment in advance and that the payment of none of ��"�ry
<br /> the Rents to accrue for any portion of this Property will `i;,�
<br /> be waived, releas�d, reduced, discounted or otherwise dis-
<br /> aharged or comprom3sed by Trus�or, except as may be `��;�•
<br /> approved in writing by Benef iaiary. Nothing herefn .�;,.
<br /> aontained shall be cot�strued as constitutinq Beneffaiary a :�;�:°
<br /> mortgaqee in possession in the absence of the takinq of ;�;
<br /> ;�, r aatual poasesston of this Property by BenePiciary pursuant �
<br /> � : to Seation 4.02(a) hereof. In the exercise of the powers ";,!
<br /> herein granted Beneficfary, no liability shall be asserted -��
<br /> ;�; � or enforced agafnet Beneficiary, all suah liability being
<br /> .,=. ��. =: expr@saly waived �nd released by Trustar, except liability
<br /> • fl�F`'�' arising out of the gross negligence or willful misaonduat
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