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$0--f~051~8 5. Assignee may take or release other security; may release any party primarily ar secondariy liable for any in- debtedness secured hereby; may grant extensions, renewals or indulgences with respect to such indebtedness without prejudice to any of its rights hereunder. 6. The terra "lease" as used herein means the leases hereby asigned or any extension or renewal thereof, and any leases-subsequently executed by Assignor covering the demised premi-sea or any part thereof. In this Assignment, whenever the context so requires, the masculine gender includes the feminine or neuter, and the singular number includes the plural, and conversely. 7. Nothing herein contained and no act done or omitted by Assignee pursuant to the powers and rights. granted herein shall be deemed to be a waiver by Assignee of its rights and reaedies under said Notes and Mortgages, but this Asignment is wade and accepted without prejudice to any of the rights and remedies possessed by Assignee under the terms thereof. The right of Assignee to collect said indebtedness and to enforce any other security therefor owned by it may be exercised by Assignee either prior to, simultaneously with, or subsequent to any action taken by it hereunder. 8. This Assignment is binding upon and inures to the benefit of Assignee and any holder of the aforesaid Notes and 4ortgages and is binding upon and inures to the benefit of Assignor and any owner of the mortgaged premises. IN WITNESS WBEREOF, the foregoing Assignment has been duly executed by Assignor the day and year first above written. WITNESS: GRAND ISLAND MALL, LTD. ? i-, Eric~i~, ohnson Peter M. Ca i al Partner '~ By: MGZ CO ~ ION, General Partner Sy: L E. F'x ler, President Prepared by; Joseph L. Basralian, £sq. - 4 -