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<br /> � Fllh Ma. A3B
<br /> f,.3 79b �y
<br /> . � � ��`� „a,�v�e.���
<br /> Lender shail have no obllgatic�n to any such tenant with r�:���L�c'i tti7 s�.►ch►secuc ity de�nsits u�iless �
<br /> at;�1 until Lender comes into aztual possession and aue�i��cont�of of si.ic,h seeurity dtapnsits by
<br /> �otiee to s�ch tenant;
<br /> (b) 6or�ow��•sf�all not terminate�?�1j1(:pY`3F'��x�e f�t Pursuant to thc:termc�of sur.h
<br /> Lease upon a default by the tenant thereunder), or,�r��a.nt amressions or madify or,amcnd any
<br /> �uch lease in any manner whatscever,witho�rt t�cL pr.i+�r writ�t,en consent of l.enclnr;
<br /> (c) Sorrower shall not collect ary re+�:mr�r�t'r��n on�(1) month in advance of the
<br /> date an which it becomes due under the ter►re�Qf.car_ri LeasP;
<br /> ' (d) Barrower shall�otdiscount a�a�f;�.mure ar.,cruing rent and,after th�o�currence
<br /> � . of an Event of Default,��:kroyVec,waiyes any ci��hh�af sFtr�ff aga�nst any tenant un����``��:we�ses;
<br /> � (e�. Botrawer'shal!not.�xeciat�e at�yfti�rt�mr assignrnent of any rent t�r�NaR��int�.�sc �
<br /> th�rein or suffer or permit any such assignmret��:tn o�cur�►y operation of law; �
<br /> (� Except with the prior written ro►��s�r of Lender,f3orrower shall not request,
<br /> cansent to,agree to or accept a subordinatiorn of ar�t�+Lea�:ta any mortgaBe,d��,of eust o��
<br /> other e�icumbrance,or any other lease,now or•I��reaft�er affecting the Mortgag. p �'tY
<br /> aiyy part thereof,or suffer or pe�mit conversian ot any LFa�a to a sublease;
<br /> (p� Bonower shall faithfully perform�nd c�ischar�e al��obiigati�ns af ti�e le9sc�r ar
<br /> lancilurd und�r the Leases, and sinall give pror�R;+C writfen�Q�f and shall furnls1►I�r der with
<br /> Borrower's default received fram the tenant ar�n�+otb�r p�rson
<br /> a complete copy af said not(ce. Borrower Shr��G a�rG�r in and defend,at no cost to l�ender,any
<br /> a�ction or procee�ing arising unde�-��i��Rr'i*�������^-"r��°`—�with the Leases. If.recluested
<br /> by Ler+der,BoROwer shall enforce any L��tx and afl rennr_r�IPS avallable to E3orrowen against the
<br /> lesses+n the case of default under sir�t�r L�aae by th�tenant tl�ereutider;
<br /> (h) Upon the request+��Lwsr��r,F.toR'ower shall promptly provide to l��nder a true ,
<br /> and correct copy of all existin}��;�.�e�s or othM' occupar�c.Y aSreements witit r�spect to the
<br /> Mortgaged Property. Ail Leases c�n otfertr cxc���an.ry aSreements with respect to tN[�Mlortgaged
<br /> Property in effect from time to�:ntie sth�!!�k�e deemr_�d included in this Assignmc�zA�as thouglti
<br /> originalty Nsted herein,anci thre n�x�6�re icnr�v"�Gas�"a��d"Z•�•�°" °"°'�°��'!��'"'°' ��"�E ., � ��
<br /> include such leases or occupanay;yg,��e�ti��ts arod the term"lessee"used hereitr;s)y�11+nclude
<br /> the lessees or tenants thereund�r.j'-art�d' � , '
<br /> .. ;.,� . � �. ;���:
<br /> �. ' .::Zi) Nothing hereiro,.sh�t61 bc�corn�tr�:ed to cons�itute Lender as a' ;'►�ortF,�S�e:�n'•� " ' :��.
<br /> . � ..: paSS�ssion"in the absence of its ti,�{ilr���actr�IIl��assessinn of the Mortgaged Prgqa��;tyr;pursuant.� .
<br /> • to the pawers granted herein,or't+o tii;�^��.�e arny if ability or abtigation on l.ender.�oHer ar with
<br /> � respecc to the Leases. 8arrower.si;�ztC�ii�n�le�nnnify arod�hald I.ender harmless frar�and against
<br /> ` a�y and a!I liabilities,(osses a�ic1 d�'�r•agc��that L�nder may incur under the Lea�s aar;by reason
<br /> of this Assignment,and of and.#r�+��+era��and all�clairns and demands whatsn�'��r;�iiiat may be
<br /> �'' �!1 asserted agai�st Lender by reason�+r,fiamy al{i�ge.d oblEgations to be p�i�.ormed�br,`i�jschar�e¢,bY, ,
<br /> " Ler►der under the i.eases or this d,�ssi��nrmM�t pravid�d, ftowever,_in��'�o�:evenk sh�il.�nizritit�er ,:
<br /> indemnify Lender trom or againsG�'�n?,��r,+itlfu�:or�noss{y�n.e�lig�nt act of lendPr:,:�11r�uld L�r►t1e+'� ,
<br /> ` � � incur any liabiliry,loss or damagF,;.uinr�a�n t�r�Leases o�:urider or by reason of t�iis.;Assignment,
<br /> Bnnower shall immediately u�on�;��+m��tr��relrr�barse�Lender for the amount t�i�r�o(tq�hpr ,
<br /> with ail costs aRd expenses and�r.a�uc�ro,�hliT attameys' fees incuned by Lender. Afl.�i�ti�e•
<br /> fQrsgoing sums shall }�ear interest�s.a��aG:pai�J at the Def�ult Rate provided by ih�e f'nomissory
<br /> Note. Any rentcollected by kender.r.hc�yl��applfe�c{by Lender in its discretion�in.satisfadion
<br /> of any such liability,loss,damage,clitiim,d�pir�nd,co�ts,expense or fees.
<br /> 4, �,yent of Uefault. 7he followin�slaall constituxe an Event of Default hereunder: :
<br /> (a) the occurrence of an Eveno o_fI��L_?e+fauft u�ider tfie Promissory Note,.Mortgage or .
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<br /> (b) if at any time any represQnc�t6or�� or warranty made by Borrower in,this
<br /> Assignment shall be or become m�teriafl���ii�correcr,
<br /> � , � (c) the breach of any agreeme��eby 6n�'rower u►ider this AssiIInrnes±tt� �.
<br /> 5. ��Rk.�,�°��h��`����Remedies a �i.e�.�ier. •if an Event of Default occ+ars,.G.�h��r sS�a�}.
<br /> � �, have the faildwing rights and remetales,all of whieFi•ar�curvwX:�tive, in addition to at�c�mv+�r rights anu
<br /> 3 �
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