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<br />200603081
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<br />or unless otherwise,pecifically provided herein, words used in this Assignment may be used
<br />interchangeably in si: 'ular or plural form and the word "Borrower" shall mean "each Borrower and
<br />any subsequent own\. or owners of the Property or any part thereof or interest therein," the word
<br />"Lender" shall mean Lender and any subsequent holder of the Note," the word "Note" shall mean
<br />"the Note and any Il: ler evidence of indebtedness secured by the Security Instrument," the word
<br />"person" shall inchll:~' an individual, corporation, partnership, limited liability company, trust,
<br />unincorporated assOl'ILion, government, governmental authority, and any other entity, the word
<br />"Property" shall incllilc any portion of the Property and any interest therein, the phrases "attorneys'
<br />fees" and "counsel I),(;s" shall include any and all attorneys', paralegal and law clerk fees and
<br />disbursements, inc1ud::lg, but not limited to, fees and disbursements at the pre-trial, trial and appellate
<br />levels incurred or pal,: by Lender in protecting its interest in the Property, the Leases and the Rents
<br />and enforcing its rigl,!, hereunder, and the word "Debt" shall mean the principal balance of the Note
<br />with interest thereol: ,s provided in the Note and the Security Instrument and all other sums due
<br />pursuant to the Noll', he Security Instrument, this Assignrnent and the Other Security Documents;
<br />whenever the conte\ may require, any pronouns used herein shall include the corresponding
<br />masculine, feminine 'neuter forms, and the singular form of nouns and pronouns shall include the
<br />plural and vice verS,l.
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<br />ARTICLE 6. - APPLICABLE LA W
<br />
<br />Section 6.1. C: 'OlCE OF LA)y. This Assignment shall be governed, construed, applied and
<br />enforced in accordallc ' with the laws of the state in which the Property is located, without regard to
<br />principles of conflicl' l[ law.
<br />
<br />Section 6.2.
<br />remedies provided in
<br />does not violate an \
<br />necessary so that till'
<br />recorded, registered ().
<br />
<br />~QY1SIONS SUIUECTTO APPLlCA~LE LAW. All rights, powers and
<br />,his Assignment may be exercised only to the extent that the exercise thereof
<br />applicable provisions of law and are intended to be limited to the extent
<br />will not render this Assignment invalid, unenforceable or not entitled to be
<br />filed under the provisions of any applicable laws.
<br />
<br />ARTICLE 7. - MISCELLANEOUS PROVISIONS
<br />
<br />Section 7.1.
<br />Assignment and
<br />prevai I.
<br />
<br />( )NfLICTOF TERMS. In case or any conflict between the terms of this
<br />the "Tms of the Security Instrument, the terms of the Security Instrument shall
<br />
<br />Section 7.2. j'< j ORAL CHANGE. This Assignment and any provisions hereof may not be
<br />modified, amended, :tived, extended, changed, discharged or terminated orally, or by any act or
<br />failure to act on the! iIt of Borrower or Lender, but only by an agreement in writing signed by the
<br />party against whom :c enforcement of any modification, arllendment, waiver, extension, change,
<br />discharge or terminall '11 is sought.
<br />
<br />Section 7.3. , . iTHORTTY. Borrower represents and wmrants that it has full power and
<br />authority to execute :ldd deliver this Assignment and the execution and delivery of this Assignment
<br />has been duly autholiied and does not conflict with or constitute a default under any law, judicial
<br />order or other agreel1,lt affecting Borrower or the Property.
<br />
<br />Section 7.4.
<br />executed in any nUlli:
<br />an original. This As
<br />shall be deemed ,\ i ,
<br />
<br />UPUCATE ORIQINALS;_COUNTERPARTS. This Assignment may be
<br />T or duplicate originals and each such duplicate original shall be deemed to be
<br />c;nrllcnt may be executed in several counterparts, each of which counterparts
<br />original inst'"7/!. U. ?hiCh together shall conslitote a single
<br />
<br />Yn 9-~
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