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III IInU II n�I��NNINR� II�IIIIV ��IU 200301316 <br />00000000000000090 <br />ASSIGNMENT OF RENTS <br />Loan No: 6120481383 (Continued) Page 4 <br />necessary at any time for the protection of its interest or the enforcement of its rights shall become a part of the Indebtedness payable <br />on demand and shall bear interest at the Note rate from the date of the expenditure until repaid. Expenses covered by this paragraph <br />include, without limhatien, however subject to any limits under applicable law, Lender's attorneys' fees and Lender's legal expenses, <br />whether or not there is a lawsuit, including attorneys' fees and expenses for bankruptcy proceedings )including efforts to modify or <br />vacate any automatic stay or injunction). appeals, and any anticipated post judgment collection services, the cost of searching <br />records, obtaining title reports (including foreclosure reports), surveyors' reports, and appraisal fees, title insurance, and fees for the <br />Trustee, to the extent permitted by applicable law. Grantor also will pay any court costs, in addition to all other some provided by <br />law. <br />CONSENT TO SELL LOAN. The parties hereto agree: b it Lender may sell or transfer all or part of this loan to one or more purchasers. <br />whether related or unrelated to Lender; bb) Lender may provide to any purchaser, or potential purchaser, any information or knowledge <br />Lender may have about the parties or about any other matter relating to this loan obligation, and the parties waive any rights to privacy it <br />may have with respect to such matters; (c) the purchaser of a loan will be considered its absolute owner and will have all the rights <br />granted under the loan documents or agreements governing the sale of the loan; and (d) the purchaser of a loan may enforce Its interests <br />Irrespective of any claims or defenses that the parties may have against Lender. <br />FACSIMILE AND COUNTERPART. This document may be signed in any number of separate copies, each of which shall be effective as an <br />original, but all of which taken together shall constitute a single document An electronic transmission or other facsimile of this document <br />or any related document shall be deemed an original and shall be admissible as evidence of the document and the signer's execution. <br />FURTHER ASSURANCES. The parties hereto agree to do all things deemed necessary by Lender in order to fully document the loan <br />evidenced by this Note and any related agreements, and will fully cooperate concerning the execution and delivery of security agreements, <br />stock powers, instructions and /or other documents pertaining to any collateral intended to secure the Indebtedness. The undersigned <br />agree to assist in the cur, of any defects In the execution, delivery or substance of the Note and related agreements, and in the creation <br />and perfection of any (lens, security Interests or other collateral rights securing the Note. <br />ARBITRATION AGREEMENT. Binding Arbitration. Lender and each party to this agreement hereby agree, upon demand by any party, to <br />submit any Dispute to binding arbitration in accordance with the terms of this Arbitration Program. A 'Dispute" shall include any dispute, <br />controversy of any kind, whether in contract or in tort, legal or equitable, now existing or hereafter arising, relating in any way to <br />this Agreement or any related agreement incorporating this Arbhradon Program (the 'Documents "), or any past, present, or future loans, <br />transactions, contracts, agreements, relationships, incidents ar injuries of any kind whatsoever relating to or involving Business Banking, <br />Community Banking, or any successor group or department of Lander. DISPUTES SUBMITTED TO ARBITRATION ARE NOT RESOLVED IN <br />COURT BY A JUDGE OR JURY. <br />Governing Rules. Any arbitration procecd'mg will (i) be governed by the Federal Arbitration Act (Title 9 of the United States Code), <br />notwithstanding any conflicting choice of law provision in any of the documents between the parties; and hit be conducted by the <br />American Arbitration Association ("AAA"), or such other administrator as the parties shall mutually agree upon, in accordance with the <br />AAA's commercial dispute resolution procedures, unless the claim or counterclaim is at least $1,000,000.00 exclusive of claimed interest, <br />arbitration fees and costs In which case the arbitration shall be conducted in accordance with the AAA's optional procedures for large, <br />complex commercial disputes Ithe commercial dispute r e solution procedures or the optional procedures for large, complex commercial <br />disputes to be referr,d to, as applicable, as the "Rules "). It there is any inconsistency between the terms hereof. and the Rules, the teams <br />and procedures act forth herein shall control. Arbitration proceedings hereunder shall be conducted at a location mutually agreeable to the <br />parties, or if they cannot agree, than at a location selected by the AAA In the state of the applicable substantive law primarily governing <br />the Credit. Any party who fails or refuses to submit to arbitration following a demand by any other party shall bear all costa and expenses <br />red by such other party In compelling arbitration of any Dispute. Arbitration may be dismantled at any time, and may be compelled by <br />summary proceedings in Court. The Institution and maintenance of an action for judicial relief or pursuit of a provisional or ancillary remedy <br />shall riot constitute a waiver of the right of any party, including the plaintiff, to submit the controversy or claim to arbitration if any other <br />party contests such action for judicial relief. The arbitrator shall award all costs and expenses of the arbitration proceeding. Nothing <br />contained herein shall be deemed to be a waiver by any party that is a bank of the protections afforded to it under 12 U.S.C. 091 or any <br />similar applicable state law. <br />No Waiver of Previsional Remedies, Self -Help and Foreclosure. The arbitration requirement does not limit the right of any party to If <br />foreclose against real or personal property collateral: iii) exercise self help remedies relating to collateral or proceeds of collateral such as <br />setoff or repossession; or (iii) obtain provisional or ancillary remedies such as replevin. injunctive relief, attachment or the appointment of a <br />receiver, before during or after the pendency of any arbitration proceeding. This exclusion does not Constitute a waiver Of the right or <br />obligation of any party to submit any Dispute to arbitration or reference hereunder, including those arising from the exercise of the actions <br />detailed in sections (i), till and Bill of this paragraph. <br />Arbitrator Qualifications and Powers. Any arbitration proceeding in which the amount In controversy is $5,000,000.00 or less will be <br />decided by a single arbitrator selected according to the Rules, and who shall not render an award of greater than $5,000,000.00. Any <br />Dispute in which the amount In controversy exceeds $5,000,000.00 shall be decided by majority vote of a panel of three arbitrators: <br />provided however, that all three arbitrators must actively participate in all hearings and deliberations. Every arbitrator must be a practicing <br />attorney or a retired member of the state or federal judiciary, in either case with a minimum of ten years experience in the substantive law <br />applicable to the subject matter of the Dispute. The arbitrator will determine whether or not an Issue is arbltratable and will give effect to <br />the statutes of limitation in determining any rlaim. In any arbitration proceeding the arbitrator will decide (by documents only or with a <br />hearing at the arbitrator's discretion) any pre hearing motions which are similar to motions to dismiss for failure to state a claim or motions <br />for summary adjudication. The arbitrator shall resolve all Disputes in accordance with the applicable substantive law and may grant any <br />