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84005069
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84005069
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Last modified
11/20/2008 9:04:34 PM
Creation date
11/20/2008 9:04:33 PM
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DEEDS
Inst Number
84005069
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<br />r <br />I <br /> <br />{ \."11 <br /> <br />L <br /> <br />84- 005069 <br /> <br />_~t <br /> <br />----.....-.....+-.... ..\......... 1\11...........+-_....""""........:1 '0-.....___.0........"'" ....~ <br />~H~,L.l.'-~= =..1.\..1, vp~..:... Q....c .....,1.'1;;; ~'.l."""" ....'::l'~'::J=~ .....i.. .....t-""-.......:r "'... <br />any part thereof; to make, modify, enfor,;e, <br />cancel or accept surrender of any of the <br />Leases; ~o remove and evict any lessee or any <br />subtenant or assignee of any lessee; to <br />increase or reduce the Rents; to decorate, <br />clean and make repairs; and to otherwise do <br />any aCL or incur any cos~s or expense as <br />Assignee shall deem proper, and including <br />paymenL of reasonable management, brokerage <br />and attorneys' fees, in the name of Assignor, <br />Assignee, a nominee of Assignee, or in any or <br />all of the said names, <br /> <br /> <br />(v) <br /> <br />Assignee shall have the right at any time or <br />times thereafter ( at: its sole election., <br />without notice thereof to Assignor. to declare <br />all sums secured hereby immediately due and <br />payable and, at its opt~on. exercise any <br />and:or all of the rights and ref..ledies <br />conta~ned ~n the Note and/or the Mortgage. <br /> <br />( ~'<:-:. } <br /> <br />ASSIgnor hereby irrevocably des~gnates, makes, <br />ccnst~t:utes and appOints Assignee (and all <br />pe1:-~8::-:::-;' dcs;.,g~atQd ;-:.-. ;~~-,:..gD.cc} ~8 P.~s::igncr' 5 <br /> <br />true and 2.awfuJ. ;.~t -l.:lev ar.( agent-in-factt <br />'..il:1~ powe~~, \-..J.-:.:-:O:.... notice to Assignor and at <br />su=n ~lme O~ tlmes thereaf~er as Assignee, at <br />~~E sc~e ~lec~lon, may de~erm1ne, in the name <br />of Asslqnor, Asslgne~ or 1n both names: (a) to <br />demana payment of the Rents and performance of <br />~ne ~eases; (bi ~o enforce payment of the <br />Rents and performance of the Leases, by legal <br />p:'oceed.:.ngs O!.- o":.11erwJ._se; (c) to exerci se any <br />0~ all of ASSlqnOr's rlgnts, interests and <br />!'-emeci:.es ..... and under the Leases and to <br />c:::):~ec~ t.he h.en~s; (d) to sett:le, adjust" <br />cornpromlse, exteIld or renew the Leases and/or <br />~~e hen~s: (e) tc settle, adjust or compromise <br />any ~ega':' proceedlng brcught t:o collect the <br />Re~::_s 02' cbta:..n pe:..-f'ormance of the Leases; (f) <br />tc -::.ake C'ont:ro':'~ :n any man~er, of the Leases <br />an~-: nell::'s; (g) to prepare, file and s~gn <br />Ass:gnol s name on a:1Y Proof of Claim in <br />Dd.r:.~l'1.~pt:cy, i"H' 21rnJ. l a!~ document J.11 a simi lar <br />proceedlng, agalnst any oblIgor of the Leases; <br />(1-:} :0 endorse ::he name of Ass~gnor upon any <br />DdVme!1t or proceeds of the Rents and to <br />aepcs.:. t: t;,he same t.o ::.he account of Assignee; <br />and ~ (:.) to ?o al ~ act.s and 'thlngs necessary, <br />lD rlss.lgnee s so..\.e dlscretlon. to carry out <br />al:V or all or the foregolng. <br /> <br />,;ll of the <br />receIved by <br /> <br />foregolng <br />ASSIgnee <br /> <br />payments <br />shall be <br /> <br />and proceeds <br />ut;ilized by <br /> <br />~SSl~np~ ~T :t~ sole elec~lDn ~nd ," its so~p <br />d~scretlon, for anyone or ~ore of the <br />follo~lng purposes: (a) tc be held by ~~s:gnee <br />as add:."tlona: col:..at.eral t01- t.he payment of <br />.;ss:gnorls obllga:'.lOnE- and :labil:tles unuer <br />~he No~e and or ~lle Mortgage, (bl ~n be <br /> <br />_4_ <br /> <br />I <br />L...... <br />
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