<br />200706817
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<br />Loan No: 601/2952
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<br />ASSIGNMENT OF RENTS
<br />(Continued)
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<br />Page 3
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<br />Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any
<br />Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness.
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<br />Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender believes the prospect of payment or
<br />performance of the Indebtedness is impaired.
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<br />Insecurity. Lender in good faith believes itself insecure.
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<br />RIGHTS AND REMEDIES ON DEFAULT. Upon the occurrence of any Event of Default and at any time thereafter, Lender may exercise anyone
<br />or more of the following rights and remedies, in addition to any other rights or remedies provided by law:
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<br />Accelerate Indebtedness. Lender shall have the right at its option to declare the entire Indebtedness immediately due and payable,
<br />including any prepayment penalty which Grantor would be required to pay.
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<br />Collect Rents. Lender shall have the right, without notice to Grantor, to take possession of the Property and collect the Rents, including
<br />amounts past due and unpaid, and apply the net proceeds, over and above Lender's costs, against the Indebtedness. In furtherance of this
<br />right, Lender shall have all the rights provided for in the Lender's Right to Receive and Collect Rents Section, above. If the Rents are
<br />collected by Lender, then Grantor irrevocably designates Lender as Grantor's attorney-in-fact to endorse instruments received in payment
<br />thereof in the name of Grantor and to negotiate the same and collect the proceeds. Payments by tenants or other users to Lender in
<br />response to Lender's demand shall satisfy the obligations for which the payments are made, whether or not any proper grounds for the
<br />demand existed. Lender may exercise its rights under this subparagraph either in person, by agent, or through a receiver.
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<br />Appoint Receiver. Lender shall have the right to have a receiver appointed to take possession of all or any part of the Property, with the
<br />power to protect and preserve the Property, to operate the Property preceding foreclosure or sale, and to collect the Rents from the Property
<br />and apply the proceeds, over and above the cost of the receivership, against the Indebtedness. The receiver may serve without bond if
<br />permitted by law. Lender's right to the appointment of a receiver shall exist whether or not the apparent value of the Property exceeds the
<br />Indebtedness by a substantial amount. Employment by Lender shall not disqualify a person from serving as a receiver.
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<br />Other Remedies. Lender shall have all other rights and remedies provided in this Assignment or the Note or by law.
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<br />Election of Remedies. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make
<br />expenditures or to take action to perform an obligation of Grantor under this Assignment, after Grantor's failure to perform, shall not affect
<br />Lender's right to declare a default and exercise its remedies.
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<br />Attorneys' Fees; Expenses. If Lender institutes any suit or action to enforce any of the terms of this Assignment, Lender shall be entitled to
<br />recover such sum as the court may adjudge reasonable as attorneys' fees at trial and upon any appeal. Whether or not any court action is
<br />involved, and to the extent not prohibited by law, all reasonable expenses Lender incurs that in Lender's opinion are necessary at any time
<br />for the protection of its interest or the enforcement of its rights shall become a part of the Indebtedness payable on demand and shall bear
<br />interest at the Note rate from the date of the expenditure until repaid. Expenses covered by this paragraph include, without limitation,
<br />however subject to any limits under applicable law, Lender's attorneys' fees and Lender's legal expenses, whether or not there is a lawsuit,
<br />including attorneys' fees and expenses for bankruptcy proceedings (including efforts to modify or vacate any automatic stay or injunction),
<br />appeals, and any anticipated post-judgment collection services, the cost of searching records, obtaining title reports (including foreclosure
<br />reports), surveyors' reports, and appraisal fees, title insurance, and fees for the Trustee, to the extent permitted by applicable law. Grantor
<br />also will pay any court costs, in addition to all other sums provided by law.
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<br />MISCELLANEOUS PROVISIONS. The following miscellaneous provisions are a part of this Assignment:
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<br />Amendments. This Assignment, together with any Related Documents, constitutes the entire understanding and agreement of the parties as
<br />to the matters set forth in this Assignment. No alteration of or amendment to this Assignment shall be effective unless given in writing and
<br />signed by the party or parties sought to be charged or bound by the alteration or amendment.
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<br />Caption Headings. Caption headings in this Assignment are for convenience purposes only and are not to be used to interpret or define the
<br />provisions of this Assignment.
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<br />Governing Law. With respect to procedural matters related to the perfection and enforcement of lender's rights against the
<br />Property, this Assignment will be governed by federal law applicable to Lender and to the extent not preempted by federal law, the
<br />laws of the State of Nebraska. In all other respects, this Assignment will be governed by federal law applicable to Lender and, to the
<br />extent not preempted by federal law, the laws of the State of illinois without regard to its conflicts of law provisions. However, if
<br />there ever is a question about whether any provision of this Assignment Is valid or enforceable, the provision that is questioned will
<br />be governed by whichever state or federal law would find the provision to be valid and enforceable. The loan transaction that Is
<br />evidenced by the Note and this Assignment has been applied for, considered, approved and made, and all necessary loan
<br />documents have been accepted by lender in the State of illinois.
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<br />Choice of Venue. If there is a lawsuit, Grantor agrees upon Lender's request to submit to the jurisdiction of the courts of Peoria County,
<br />State of Illinois.
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<br />Merger. There shall be no merger of the interest or estate created by this assignment with any other interest or estate in the Property at any
<br />time held by or for the benefit of Lender in any capacity, without the written consent of Lender.
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<br />Interpretation. (1) In all cases where there is more than one Borrower or Grantor, then all words used in this Assignment in the singular
<br />shall be deemed to have been used in the plural where the context and construction so require. (2) If more than one person signs this
<br />Assignment as "Grantor," the obligations of each Grantor are joint and several. This means that if Lender brings a lawsuit, Lender may sue
<br />anyone or more of the Grantors. If Borrower and Grantor are not the same person, lender need not sue Borrower first, and that Borrower
<br />need not be joined in any lawsuit. (3) The names given to paragraphs or sections in this Assignment are for convenience purposes only.
<br />They are not to be used to interpret or define the provisions of this Assignment.
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<br />No Waiver by lender. lender shall not be deemed to have waived any rights under this Assignment unless such waiver is given in writing
<br />and signed by Lender. No delay or omission on the part of Lender in exercising any right shall operate as a waiver of such right or any other
<br />right. A waiver by Lender of a provision of this Assignment shall not prejudice or constitute a waiver of Lender's right otherwise to demand
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