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20100199ti <br />all modifications, extensions, replacements and renewals of the Leases and all guarantees of and <br />security for the obligations of any and all tenants, including without limitation, RGC <br />(collectively, "Tenants") under the Leases, and all of Assignor's right and power to modify and <br />amend the Leases. <br />(b) All of Assignor's right, title and interest in and to, and all of Assignor's <br />right to collect and receive, all of the rents, income, and profits now due ar which may became <br />due or to which Assignor may now or hereafter become entitled or which Assignor may make <br />demand ar claim for, arising or issuing from or out of the Leases or from or out of the Property or <br />any part thereof, including, but not limited to, minimum rents, additional rents, percentage rents, <br />parking or common area maintenance contributions, tax and insurance contributions, deficiency <br />rents and liquidated damages following default under any of the Leases, all proceeds payable <br />under any policy of insurance covering loss of rents resulting from untenantability caused by <br />destruction or damage to the Property, any and all rights and claims of any kind which Assignor <br />may have against any of the Tenants under the Leases ar any subtenants ox occupants of the <br />Property, and all security deposits (all such monies, rights and claims described in this <br />subparagraph (b) are hereinafter referred to as "Rents"). Assignor and Lender hereby agree that <br />all such Rents are "proceeds, product offspring, rents or profits" as defined in and for purposes of <br />§ 552(b) of the United States Bankruptcy Code, as amended. <br />(c) All of Assignor's right, title, interest, and privileges in and to all <br />equipment leases, service contracts, maintenance contracts, warranties, guarantees, licenses, <br />permits, certificates, construction contracts and subcontracts and other contracts and agreements, <br />which now or may in the future pertain to, relate ta, affect or be used in connection with, the <br />Property (hereinafter collectively referred to as the "Contracts"), including without limiting the <br />generality of the foregoing, the present and continuing right with full power and authority, in its <br />own name, or otherwise, (i) to make claim for, enforce, perform, collect, receive, and receipt for <br />any and all rights under such Contracts, (ii) to do any and all things which Assignor is or may <br />became entitled to do under the Contracts, and (iii) to make all waivers and agreements, give all <br />notices, consents and releases and other instruments and to do any and all other things <br />whatsoever which Assignor is or may became entitled to do under the Contracts. <br />The foregoing assignment, transfer and conveyance of the Leases, Rents and Contracts is <br />intended to be and constitutes a present and absolute assignment, transfer and conveyance by <br />Assignor to Lender; provided, however, that to the extent any of the Contracts prohibit the <br />absolute assignment thereof to Lender without the consent of a third party, the foregoing <br />constitutes merely a collateral assignment of the rights of Assignor under such Contracts. <br />2. Obli ations Secured. This Assignment is given for the purpose of securing: <br />(a) Payment of all sums, with interest thereon, becoming due and payable to <br />Lender under the provisions hereof and under the provisions of the Note or the Loan Documents, <br />and all renewals, modifications, substitutions, changes or extensions thereof; <br />2 <br />