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201001992 in its discretion deems proper; and (vi) Either with or without taking possession of the Property, in its own name sue for or otherwise collect and receive all of the Rents and any sums due under the Contracts, including those past due and unpaid, and apply the same, less reasonably incurred attorneys' fees, upon any indebtedness secured hereby or by the Loan Documents, and in such order as Lender may determine. The entering and taking possession of the Property, the collection of the Rents and other sums due under the Contracts and the application of the same to the indebtedness secured hereby, as aforesaid, shall not, until Assignor's obligations to Lender are paid in full, cure or waive any default or waive, modify or affect any notice of default under the Loan Documents or invalidate any act done pursuant to such notice. Assignor further acknowledges that the right and remedies set Forth herein are cumulative of any other rights and remedies available under the Loan Documents, at law or in equity. (c) Any default by Assignor hereunder or by Assignor or RGC under the Loan Documents shall constitute an "Event of Default" hereunder entitling Lender to all of its rights and remedies thereunder. (d) Lender shall not be obligated to perform nor does it hereby undertake to perform any obligation under the Leases, the Contracts or this Assignment. (e) Until all indebtedness secured hereby has been paid in full, any of the Leases and Contracts entered into subsequent to the date hereof shall be deemed to be assigned to Lender hereby, upon the terms and conditions herein contained, and Assignor agrees to execute any further documents requested by Lender to evidence said assignment. (~ Upon the payment and satisfaction in full of all the indebtedness and obligations secured hereby and by the Loan Documents, this Assignment shall automatically terminate and shall be of no further force or effect. In such an event, Lender agrees to execute any document reasonably necessary to release its interest hereunder, all at no cost to Lender. The affidavit of any officer of Lender showing any part of said indebtedness to remain unsatisfied shall be conclusive evidence of the validity, effectiveness and continuing force of this Assignment, and any person may and is hereby authorized to rely thereon. 6. Miscellaneous. (a) This Assignment inures to the benefit of, and binds, all parties hereto, their heirs, administrators, executors, successors and assigns. In this Assignment, whenever the context so requires, the masculine gender includes feminine and neuter, and the singular number includes plural, and conversely. (b) All notices, requests and other communications hereunder shall be deemed to have been duly given and received if delivered in accordance with the provisions set forth in b