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<br />$. Stamp Tax. If, by the laws of the United States of America, ar of any state or
<br />political subdivision having jurisdiction over Grantor, any tax is due or becomes due in respect
<br />of the execution and delivery of this Deed of Trust, the Note or any of the other Loan
<br />Documents, Grantor covenants and agrees to pay such tax in the manner required by any such
<br />law. Grantor further covenants to reimburse Beneficiazy for any sums which Beneficiary may
<br />expend by reason of the imposition of any such tax. Notwithstanding the foregoing, Grantor
<br />shall not be required to pay any income or franchise taxes of Beneficiary.
<br />9. Assi nment of Leases.
<br />(a) As additional collateral and to further secure the indebtedness and other
<br />obligations of Grantor hereunder, Grantor does hereby absolutely, presently and
<br />irrevocably assign, grant, transfer, and convey to Beneficiary, its successors and
<br />assigns, and grants a security interest in favor of Beneficiary, all of Grantor's right,
<br />title, and interest in, to, and under all leases, subleases, tenant contracts, rental
<br />agreements, franchise agreements, management contracts, construction contracts and
<br />other contracts, licenses and permits, map approvals and conditional use permits,
<br />whether written or oral, now or hereafter affecting all or any part of the Premises, and
<br />any agreement for the use or occupancy of all or any part of said Premises which may
<br />have been made heretofore or which may be made hereafter, including any and all
<br />extensions, renewals, and modifications of the foregoing and guazanties of the
<br />performance or obligations of any tenants thereunder, and all other arrangements of
<br />any sort resulting in the payment of money to Grantor or in Grantor becoming entitled
<br />to the payment of money for the use of the Premises or any part thereof whether such
<br />user or occupier is tenant, invitee, or licensee (all of the foregoing hereafter referred to
<br />collectively as the "Leases" and individually as a "Lease", and said tenants, invitees,
<br />and licensees are hereafter referred to collectively as "Tenants" and individually as
<br />"Tenant" as the context requires), which Leases cover all or portions of the Premises;
<br />together with all of Grantor's right, title, and interest in and to all income, rents, issues,
<br />royalties, profits, rights and benefits and all Tenants' security and other similar
<br />deposits derived with respect to the Leases and with respect to the Premises, including,
<br />without limitation, all base and minimum rents, percentage rents, additional rents,
<br />payments in lieu of rent, expense contributions, and other similar such payments
<br />(hereafter collectively referred to as "Income"), and the right to collect the same as
<br />they become due, it being the intention of the parties hereto to establish an absolute
<br />transfer and assignment of all of the Leases and the Income to Beneficiary, and not just
<br />to create a security interest.
<br />(b) Grantor hereby represents, warrants, and agrees as follows:
<br />(i) Grantor is the sole holder of the landlord's interest under the
<br />Leases, is entitled to receive the Income from the Leases and from the Premises,
<br />and has the full right to sell, assign, transfer, and set over the same and to grant to
<br />and confer upon Beneficiary the rights, interests, powers, and authorities herein
<br />granted and conferred; and
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