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<br /> - liquid��ion, ai,-.ding ug, r�arqaniza� on,
<br /> • asrangemont, �d�ustment, protecti�a�, relieg,
<br /> ;�;; or composit�.on of .f� or its debta undsr any _
<br /> law rel�fiinq �o ban�crup�cy, iaaolvoasy os _
<br /> ' � reorganization oa� r�2ieY of dabtors, or
<br /> �eeking tha c3ntry of an ordQr Por relief or
<br /> "� Y.t�e agpoin�men� og a recefves, trustee,
<br />�` � custodian or other �imilax� of81cia1 for it or -
<br /> - . g�� any sub�tantial gart �£ i�s p�sopert�r and, _
<br /> � in �he case of any such proaeeding instituted
<br /> :�. � � against it (but not institu��d by it) , eii�ner
<br /> � such proceedfng shall reaain undfsmi�sed or
<br /> : unstayed for a period oL 30 days, or any of
<br /> 5�. .e, the actions sought i� such procaeding
<br /> U , .:
<br /> (including. �fthvut limitation, �he entry og
<br />`. �`••� an arder €or relief againsSt, or the -
<br /> appointaient oP a recefver, trustee, custodfan =
<br /> or other sfmilar official for, it or fos any
<br /> . substantial part of its pro�exty) sI�all
<br /> � occur.
<br /> " � 7. Pffi d e . IIpon the occurreace of an event oS _
<br /> ��"�' c�e�auT�,: undor �bis AssignFU�nt, Bank may accep� the assignmemt se�
<br /> � � fo� �ra paragraph 1 by providfng ChfQf and Lessor with written
<br /> no$ic� of its electiora to accept the assignment. Upon th� -
<br /> � ' provis�on of such notiaa, Bank Ehall b� entitled to exercise all .
<br /> �� : of the rights of a lesg�e of the leasehold estate assigned by _
<br /> ���r� Chief. Suah righ�s shall includ� but not be limited to exClusive -
<br /> • occug�tfaai of �khe Pr�m�es; operatfon ancd sanaqement of tb.e '.
<br /> Pr��cas �and the businc-ss af C�fef conduated therein as in .
<br /> � coruie�ion there�rithj the makfnq of any regairs, addi��ons and
<br /> •,f improvemon�s to the Premises as Hank may deeffi necessary o� � -
<br /> prap�;, tho fusnishinoJ of property and liabality insuraaace; �c'�. �
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<br /> ' �� ttae �a�� to cancel er assfgn the I�as�, or s�blease �aLl or a
<br /> • . portf.a� of the Premises. Such riglats ��tt�al remedfes ma� 1tr�
<br /> . u:xeraised by the bank efP,her directly or througb its acy��ts and
<br /> �ti�orneys, and shall be c�mula�ive of any and all other rfqhts �
<br /> ' � ��d reiaedies available to Hank urides law or any of the othezr Loan
<br /> '��� ; DnaumQnta. Chief appoints Hank and its succes3ors anrl assislns as
<br /> �' I:T�t�;;: . � t�e ts�ae and lac,�ful attarney-i.n-fact for Chief with respect to -
<br /> � � � ��`_I:� tlxis Assiga�ment with full pow�r and autYiorfty to execute any and
<br /> � � mll dooume3nts and instavm�nts ciesmed necessaYy by Bank ta vest
<br /> ; � `. �ank in the asaigned l�a�shaido �hfef declares that this
<br /> `� �'��;'• .' appotr�t�ont ia coupied �ith a�a� �.tate�est and shail be irrevocable , ..
<br /> ,'�.�'<t�#'.:>:•;•`. � by Ch�:�. Chief furth�ac aqrees to e��ite any and all othe�
<br /> . :::_.���'� .daaunc8ta�e and inatrumeat� deeme+� necs�r� by the 1Bank to further
<br /> . fche ilatent oE this Assignment and to vest Hank fn the agsigned
<br /> � leaseho2d. All costs and expensa:s incurrecd by Henk in exercisinq =
<br /> ,. ,,, any of its rights and remedies �ander �his Assfgnmen� or with
<br /> respac� to the Premise, i�cluding without limitation ren�
<br /> . � paymen�s. fns�rance premiutns, costs of improvemen�s arLd attorneys
<br /> �• feeg, shall bo repafd by Chi.ef and shall bear interest from the
<br /> � � � date t.hey are i.ricurre� at the hfghest default sate unde� the
<br /> �`f . Notes.
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