Laserfiche WebLink
<br />200605847 <br /> <br />compliance with (a) above, or allow any lessee to surrender or terminate its Leases, or <br />permit an assignment or sublease under any Leases, or request or consent to the <br />subordination of any Leases to any lien subordinate to this Agreement. <br /> <br />c. Collect any rents, income, issues or profits accruing under the Leases or <br />from the Property more than one (1) month in advance of the time when they shall <br />become due. <br /> <br />d. Execute any other assignment of lessor's interest in the Leases or <br />assignment of rents accruing under the Leases or from the Property. <br /> <br />e. Do or permit anything to be done, the doing of which, or omit or refrain <br />from doing anything, the omission of which will or could be a breach or default in the <br />terms of any of the Leases or create or produce grounds for termination thereof by any <br />lessee. <br /> <br />7. Notices. All notices, requests, demands and other communications hereunder <br />shall be in writing and shall be given in the manner specified in the Deed of Trust. <br /> <br />8. Successor and Assians. This Assignment, together with the agreements and <br />warranties herein contained, shall inure to the benefit of Assignee and its successors and <br />assigns and shall be binding upon Assignor and Assignor's successors and assigns as to all or <br />any part of the Property. <br /> <br />9. Governing Law: Severabilitv. The loan contract between the parties, including <br />this Assignment, the Revolving Loan Agreement and any other obligation which this Instrument <br />secures, is made pursuant to and shall be construed and governed by the laws of the United <br />States and the rules and regulations promulgated thereunder, and, to the extent the laws of a <br />state are applicable (including laws regarding usury), by the laws of the state in which this <br />Assignment is recorded and the rules and regulations promulgated thereunder. If any <br />paragraph, clause or provision of this Assignment, the Revolving Loan Agreement or any other <br />notes or obligations secured by this Assignment is construed or interpreted by a court of <br />competent jurisdiction to be void, invalid or unenforceable, such decision shall affect only that <br />paragraph, clause or provision so construed or interpreted and shall not affect the remaining <br />paragraphs, clauses and provisions of this Assignment, the Revolving Loan Agreement or any <br />other notes or obligations secured by this Assignment. <br /> <br />[signatures on following page] <br /> <br />-4- <br />