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<br /> � � 2.0999 File No. 958 __:--
<br /> ; � 98--1r�10�:� ��'-:.
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<br /> (h) Borrower hereby rapreaente and agreee that it is and will bo `
<br /> ,� the aole ownar of the entire landlord'e intereet (or Tenant's interest in �"
<br /> the case of Leases with respect to which Borrower is the Tenant) in all ���_.
<br />-:vw}:`'��� existing Leasea, subject to Permitted Encumbrances (ae defined in the l:'
<br />- ��� Mortgage) , that Borrower 1�►ae not exacuted any prior asaignment of eaid �
<br /> ' Laasea or renta, revenue,e, profita and income except thoae being �:
<br /> � �� subordinated hereto, that Sorrower has not performed, and will not -:,_
<br /> }� perform, any acts, or h�e not executed, and will not execute, any �°
<br /> `� inetrument that would pzevent 7�ender from exerciaing i.ta rights under thia �;
<br /> ' • Asaignment, and that at the tirne of execution of this 7lsaignment there has _
<br />- been no anticipation or prepayment of any of the renta o£ the Mortgaged
<br /> � Property for more than one (1) month prior to the due daeee of such rents.
<br /> - g n.�ta+n ��r�+n�nt� O� 80270M�=. Borrower hereby agreea as follows:
<br /> (a) If any of the Leases pravide for a aeaurity ar other depoeit -
<br /> � � or prepayment ("Security Depoeit") , paid by tha Tenant thereunder to
<br /> � Borrower, thia Adaignment aha11 tranafer to tha Lender all of Borrower's
<br /> t � right, tiCle and intereat 3.n and to auch Security Depositsj provided that,
<br /> Borrower ehall have the right to retain such 3ecurity Depoaita eo long as
<br /> no Event of Default ahall liava occurredp and provlded further that Lender
<br /> ahall have no obligation to any such Tenant with respect to such security
<br /> � Depoaits unleae and until Lender comea into actual posaession and accepta
<br />= control of auch security l�epoaita by notice to auch Tenantt
<br /> �
<br /> (b) Borrower ahall not terminate any Lease (except pureua.nt to the
<br /> � terms ot auch Lease upon a c3niault by tha Tcr.ant thsreunder!, er grant
<br />-' � concesaions or modify or amend any euch Lease in any manner whataoever,
<br />- �•.�. .
<br /> without the prior written conaent of Lender;
<br /><°
<br /> ' � (c) Borrower ahall not collect any rent more than one (l) month in
<br /><�,�;�`. :;;, advance of the date on whi ch it becomea due under the terms of each Lease j
<br />___�..�a_vi� . .
<br /> '� (d) Borrower ohall not discount any future accruing rent and,
<br /> •�•��•.»„=�•� after the occurrence of an Sveat of Default, Borrower waives any right oE
<br /> .,r
<br /> �, .;,,. . ; setoff against any TEnant under the Leaeea;
<br /> .:;.:.�'.. ..r,::.
<br />-i"'�"t`�'�'' (e) Borrower sha11 not execute any further aseignment of any rent
<br /> -_�i,����� or any intereat therein ox auf£er or permit any auch aseignment to occur
<br />:-� -.�����•s� by operation o£ lawF r.
<br /> � , (f) Except with the prior written consent of Lender, Sorrower
<br /> ,.� .
<br />- a. ahall not requeat, conaent to, agree to or accept a subordination of any
<br />_ � � ��� Lease to any mortgage, d�ed of Cruat or other encumbrance, or any other _
<br />- � � lease, now or hereafter af�ecLing the Mortgaged Property or any part
<br /> � •- • thereof, or suffer or permit converaion of any Lease to a sublease j
<br /> (g) Borrower ahall faithfully perform and diacharge all
<br /> . � obligatione of the leesor or landlord under the Leases, and shall give
<br /> � prompt written notice to Lender of anX notice of Borrower'a default —
<br /> Y received fr.om tha Tenant or any other person and ahall furnish Lender with =
<br /> , a complete copy of said notice. Borrower ahall. appear in and defend, at M
<br /> ' no cost to Lender, any action or proceeding arising under or in any manner _
<br /> connected with Che Leasea . If requested by Lender, Borrower ahall enforce -
<br /> ' any Lease and all remedies available to Borrower againat the lesaee in the
<br /> case of default under such Lease by the Tenant thereunder;
<br /> � (h� Upon the r.equest of Lender, Borrower ahall prompY.ly provide to
<br /> -� Lender a true and correct copy of. all existing Leasea or other occupancy
<br /> agreementa with respect to the Mortgaged Property. All Leases or other
<br /> ..FF....a Fv
<br /> � �� � occupancy agreements W1CI1 respecc Lo Lf1C i•ivii.ydyau ca:vNcT�j' +.:. ..�....... ..-=•.^. ��
<br /> Itime to time shall be deerned included in this Asoignment as though
<br /> � originally listed herein, and the reapective terms "Lease" and "Leasea" as
<br /> used herein shall include such Leases oz occupancy agreement3 and the term
<br /> � "lessee" used herein shal 1 include Che lessees or Tenants ttiereunder; and
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