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<br /> " 2.OA98 File No. 958 ,..�,,.,
<br /> = 98-�tc�,o�9 _
<br /> � (i) upon the payment and satiefaction of all Secured ?�
<br /> 9il§`r.
<br /> :�� Obligationst or
<br /> _;�_�� (11) upon the releaae of the Mortgaged Property aubject to -=
<br />; � auch Lease from the lien of the Mortgage covering auch Mortgaged -���
<br /> Property pursuant to the prov�aions of euch Mortgage. s�'
<br /> ,., --
<br /> � (b) It is expreasly underatood that no judgment or decree that rnay F�y�
<br /> a be entered on any debt aecured or intended to be secured by this �__
<br /> �, � 3 Asaignment ahall operate to abrogate or lessen the effect of tlzis -�
<br /> Asaignment, but that the eame ahall continue in full force and effact as —
<br /> �� herein provided. The proviaiona of this Aasignment shall also remain in
<br /> � full force and effect during the pendency of any proceedings £or the
<br /> foreclosure and/or sale of the Mortgaged Prc�perty, or any part thereof,
<br /> i� both befors and after sale, until the isauancQ of a deed pursuant to a
<br /> "j�,
<br /> , � decree of forecloaure and/or sale, unleee all indebtedness and ob].igatione �
<br /> evidenced and aecured hereby are fully satiafied pursuant to paragraph (a)
<br /> _ of this section.
<br /> � (c) In the event that this AasignmanC shall so terminate as to any
<br /> � Lease, Lender ahall, upon the written requeat of Sarrow�r, deliver to
<br /> Borrower an instrument in recordable form releasing such LEase from t2zie
<br /> „ Asaignment, and reassigning to Sorrower the rights as to auch Leaee =
<br /> assigned hereby.
<br /> r -
<br /> ;t B. 8ffaet on RiqhCstFridar othar Qqaum�nCe. Nothing contatned in t2zis
<br /> J - ------ Aseig:imen*_ and no act dor_e or omi ttPr3 hy T,an�Pr �uravant to the powera and righta
<br /> . � 'q granted it hereunder shall be deemed to ba a waiver by Lendor of its righte and
<br /> „ remedies under the Loan Documenta, and this Asaignment is made and accepted
<br /> without prejudice to any of the rights and remedies possessed by Lender under the
<br /> terms of the Loan Documerita. The right of Lender to collect the indebtedness
<br /> secured hereby and to enforce any other security therefor held by it may be
<br /> exerciaed by Lender either prior to, aimultaneoualy with, or aubsequent to any
<br /> ' action �aken by it hereunder. This Assignment is intended to be aupplementary
<br />�;, to and not in aubatitution for or in derogation of any assignment of rents
<br /> . ,..� contained in the Mortgage or in any other dor.ument.
<br />� � .� ,. 9. 8urth�r Aaaurana�a. Barrower hereby agreea that it shall, whE:never
<br />=� and as often ae it ahall be requested ta do so �y T,ender, execute, acknowledge
<br /> � �� and deliver, or cauae to be executed, acknowledged, and del3vered, any and all =
<br /> . � � � such further conveyancea, approvals, conaenCS, memoranda of the aubject matter _
<br />_ liereof, duplicate originala hereof, and any and all other documents and to do aay -
<br />- and all other acta as may be neceasary or appropriate to carry out the terme of ___
<br />"~ • this Assignment. This Aasignment or a memorandum hereof may be recorded by =
<br />�1�„ Lender at any time.
<br /> � 10. No Waiv�r. A waiver by Lender of any o£ its rights hereunder or
<br /> ' ' under the Leases or of a breach of any of the covenants and agreementa contai�ned
<br /> herein to be performad by Borrower ahall not be construed as x waiver of evch
<br /> rights in any aucceeding inatance or of any aucceeding breach of the same or —
<br /> other covenants, agreementa, restrictiona �r aonditiona. '�
<br /> " il. Marehall nc. Notwithetanding the existence of any other security •�:,�,
<br /> intereat in the Mortgaged Property held by Lender or by any other party, except ,
<br /> . as otherwise limited by applicable law, Lender ahall have the right to determine
<br /> the order in which any of the Mortgaged Property or any part thereof ahall be
<br /> subjected to the remediea provided herein. Lender shall have the right to
<br /> determine the order in which any or all portions of the indebtedness secured
<br /> hereby are satiafied from the proceede realized upon the s:cercise of the reme3ies
<br /> provided herein. Sorrower and any party who now or hereafter acquires an
<br /> _ inro,-oof .,F rho tut.,,-rrt�.,nA ornr,ort�, nnA Whr-, haa art»al c�r rnnahriirY. ivP
<br /> -•--- � ;.. �.,., ,
<br /> . .� --------_ _.-- .---- ---- --- -- _
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<br /> notice hereof hereby waives, to the extent permitted by law, any and all right
<br /> I to require the marahalling of asseta in connection with the exercise of any o£
<br /> � the remedies permitted by applicable law or provided herein.
<br /> ,
<br /> ; 12. Notices. All notices, demands, requ�sts, conaenta, approvals or
<br /> ', communications required under this Assignment shall be in writing and sha11 be
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