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I ASSIGNMENT OF RENTS AND LEASES Page- 2 84 --;/' 08285.5 tenants, bring or defend any suits in conneciton with the possession of the Premises In its own name or Assignor's name, maKe I'epail's as Assignee deems appropriate, and perform such other acts, In connectiorl ,..Ii th the management and operation of the Premises. as the Assignee, in its discretion, may dlfe<m pl'oper. The Ass i gnor' c c,ver, an t sand represen ts tha t the Assi9l"ior' has fu 11 I' i gh t and tit le to a.Ss i gn such 1 eases and thel'ents, income and prof its ,jue or to become due thereunder, that tIn! tel'ms of such 1 eases have not been changed from the ter'nls'dn' the cop i es of such 1 eases. submi tted to the Assignee for" apPl'oval. that no othel' assi gnment of any i nteres.t ther-'eih.ha:s been made, that thel'e are no existing defaults underth~ provisions thereof, arid that the Assignor will not he.rea.f.ter carice-~, :.ur'Tll?r"j~r ":';f t~r-miltat~ :.Lich 1oC'a:;~s, e-Xc-;:'ci;.~ an~+ dp..t.Lc;.fi ,"hich might lead to such tel'mination or change, alter or'Flfodcj'fY it or consent to the release of any party liable thereund'e',;"'or'u, to the assignment of the leasee's interest in it without th.e, prior concent of the Assignee. The full performance of such Mortgage or Deed of Trust and the du I y recorded re I ease or- r-econveyance of the Premi sessh.a;ll render thiS assignment "Old but shall be irrevocable, except bY consent of the Assignor, prior to such full perfo~mance. The net proceeds collected by the Assignee under the terms of this assignment shall be aDpl ied in reduction of the entire indebtedness fl'om time to time outstanding and secured by such Mortgage or Deed of Trust. ThiS. assignment appl ies to and binds the parties hereto and th~ir r~spectlve heirs, administ~ators, executors, successo~s and asslgns~ as well as any subsequent owner of the I'eal estae descl'ibed hel'eln and any aSS1,ignee of the Mortgage or Deed of Tl'ust I'eferred to hel'ein. IN WITNESS I~OF, the ASSignor has signed this asstgnment this . day of May, 1984~ BISON INVESTORS V LIMITED PARTNERSHIP BY:r'lID-CONTINENT ENTERPRISES, INC. General Pal'tner BY: sident L L L u -.J