�"'�i, �� �91Yry�#�[ue..�.
<br /> ��sn i I ��W':a... ..
<br /> �� ,ti �}1:l.� . , _ �
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<br /> C,.i3F,'.;Ci File No. 837
<br /> ' �6- ���44
<br /> L�nder shal!have r�o obligaHonto any s�kh tenant wilh�t to such s�curity der�osits unless
<br /> and until Lender com�s inta acluat�SSession and aocepts cor►trnl of sucl�securiry depasits by
<br /> natice ro such ten�nt;
<br /> (b) Bc�rrower shall nat terminace any lease iex�cept pu�suant ta the terms af such
<br /> Lease upon a de�ault�y the tenant thereunderj,rx grane concessions ar madity or amer�d any
<br /> such Lease in any manner whatsnever,without the pri�r writcen consent of Lender;
<br /> (c) Borrov�er shai!not colleet any rent mors than one(t)mr,�nth in actrance of the
<br /> date or►which it b�ec:omes due ur�der the terms of each lease;
<br /> (d) Borrower shal l not discount any future accrcung rent and,aker the occurr�nce
<br /> af an Event c►f�efa��lt,8cxrower waiyes any right�f setoff against any ter�ant undef the Leases;
<br /> (e) �or�aw�r shall ncat exQCUte any further assignment af any rent or any interest
<br /> �---:— .u.._.... •�,... ��. eep a nnrr��rhvtvwratim�3flaW
<br /> 111CIC111 W j�llcr a�� 1r.SL1����tV���a�+��..+Ep�m-�tt- -i 'r f
<br /> (� Except�++rith the prior written cons�'�t of Lender,Barrpi�rer shali not rec�uest,
<br /> consent to,agree to or accept a subordinatian of any Lease to any n.a�a���ge,dt�of trust cw � '
<br /> ,�..�;.,. othes encumbrance,or any other �ease,now or hereafter affecting th�,l%Io�tg,ageci f'rc�etty�or ::
<br /> '�:; any part there�of,or suffer or paL��i�t conrrersion of any Lea�e tn a subiease;
<br /> ,';�, ,r" . '. : �..:,,
<br /> (� BoRawer sha�11 faithf�ily p�fann and discharge all obli��tions nf t3�e Ic�sor a' :.
<br /> lan�lord under it�et!l��ases, and shall gEve prompt written nc�ice ta i;�uriler of any nu�lce of : ,
<br /> Borro�w�i'��e�autt�rfs�eived from ti�e tenant or any other person and shx�tl fumish Lender with� ' ,
<br /> ♦--J
<br /> a corvlpiet��c�iy oe s�.i�i notioe.Bomo'wer shait appear in at�ocfe:nd,ai no cvsi iv,:�w�,a�i� _
<br /> acdon or proc�eediii�g,a�±:ising ander or in any manner connected with tf�Le.�ses. If rwquested
<br /> (yy Ley�der,eorrcrrvr�:=��„i!1 enfarce any Lease anr!all rerrkdies availablF�_ha;�oROwer a8a�:�st tt�e
<br /> lessee in the case c�"��ult under such Lease by the tenant thereund�r;
<br /> �:; ` (h) Upon the req�ie,��,��F l�.�nder,Barower shal l promptly provic��4,i�t:�e7�der a trur
<br /> �•``�;',,� � . ' and correct capy of all existing�`Eeases cx other c�ccupancy agre�nents with +�ispect to the
<br /> '� Mo�gdB�d PropeKY. A�1 leases or ut�er occupancy agreements witfi�ett to the Mo�ga�d
<br /> � Propetty in effett frr�m tirtse to timp;shall be deermed inctudec4 in th;s Assignment a►s though
<br /> originally listed herein,and the respective terms "leas;e5"�and "L�ases' as used h�rein shall
<br /> include such le+ase5 or cxxvpancy agr+eemer►ts and tfie t�:"lassee"used F�enein shail incluck
<br /> � the lessees or trnants thereunder;and . ,
<br /> �, .
<br /> . (i) Ndthing herein ShaU be construed to constitute k .,eruY�i`as a"fnqrt�,a�gee i�.,,....
<br /> ,���`• poss�essicKti'in the absenoe.caf(ts?►�ki�g af act�tal po�sses.5ion of tFt�Mortg�a�ged P'r�!e�ti�`!P�'sua�C' .
<br /> ' .��;l.�•..�•� f
<br /> �,;,. . ta the�por+vers Sranted herein,or�e:+rnpose any liability or c�hligation an Lendc�kizit'fi�.�+^or with .
<br /> � respec.�t t�the Coases. Barower shall indemnify a�nd hotd Lerxler Ftiarmless frcxn anci ag,ainst .
<br /> any and all liabiliifis,losses and damag�s that ten�rkr may incur ut►d�''r:t�lea:�es or by reason
<br /> � of this Assignm�nt,and of and from any and all claims and dernant;t's tivhatsoever that may be
<br /> . asserced against tender by reasov►af any alleged c�bli ��,�3a�oe performed or dischar�ed by
<br /> Lender under the�,eases or this Assignmere�<provided�owever,in no errent shall Somower
<br /> . . indemnify�.erxieo;'(r.�oFr�s or ag,ainst any willful.ur•�grossly ne:gligent ad'o��.Lendex. ShauW lendex
<br /> - ., ,: `�'� incu�any li;bility;,.;�sass vrdamage under the���:�2�ses or und�r or by��eason of this Assig��ment,
<br /> •� ' Bomcr.4v;�r�sha11 imri�i�diately upon demand r�i"�mburse l�+e,der far the amount tt�erEOf tng�etlter
<br /> • `s:,:. �.�� wftf�r:a�;�t �,msts and.expenses and reasonable attom�s',�� incu�red by l.erx6�.,-�!'+fl.�af the .
<br /> � fonegu►ctg!�sur;��st;±�ht:iaear i nterest untfl pa��i,�at i��e l�ef�ait Rate prcwided by t4ie�PromBssory
<br /> Note. �1ny ret���:oa'�!�et.�etl by lender ma}�b���;�Wlied try l.ender ist i*.v4�i�cr�tiort in satisfaction . . .
<br /> - of any.;t,tti�h[iak�iY�'t��r�:�;pss,damage,�laim,d�ir�a�d�CQSLS�@X�t15�.'?�`r�'�"ies.
<br /> . J.... � -• .f/ ,.` .-` - l
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<br /> F �4, ��`�;6vent ef DeFault. The fallowing shaN consti�y2e�3i Event of Default hereunder: .
<br /> ' . �
<br /> �: ���
<br /> . . . e. _.emt"l.'__L_.L��+ .\I..►s ►L..dnnnaarwr•� .
<br /> , , (8) iT1B UCGUffCYICE vI dn cvCSi[em 2rr.�aurt cmu�v�r�v.r.:�vv.�...,����......�a••••�• ,
<br /> any other"Loan Docu�nent,"as defined in tP�e Mortgage; `��`
<br /> � (b) ii at any tirne any representatian or warranty made by Borrower in this
<br /> Ass9gnment shall be or t�ecome mat�rially incorrect;
<br /> (c) the breach ofany agreement by Bon•ower under ti�is hssignment.
<br /> 5, ��. If an Event of Default oc.CUrs,Lender shalt
<br /> have the fi�l0awing�ights a�d rernedies, a!I of which are cumulativP,in additinn to all other rights and
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