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<br /> - —=�r— 2.0498 File Na. 95B
<br /> -;�:��� � 98-� �.o�a.��s
<br /> Wv��,,�E.#: -
<br /> --_�;�, recovering (a) any damagea to the collateral described in thi.e
<br /> Resigament of Rents and Leaeee due to waste, or (b) any liability
<br /> 'r'' -`" vnder the Environmental Indemnity Agreement executed by Borrot�ser in :
<br /> :�„� '--
<br /> .�- - �� favor of Lendert
<br /> ���� -
<br /> :;4�,t� - (iv) Prevent ths Lender from enforcing any peraonal
<br /> T_;,;,;•F,,,�f liability or othsr available remedy agai.nst the Borrower for any
<br />__i�,�:�,; condemnation or insurance proceeds, or other aimilar funda or
<br /> �`^ �«;• payments attributable to the collateral for th� Promiaeory Note _
<br />:�_r3;:_:�tY�. .
<br />- - ;,,,�r which, under the terms ot any of the Loan Documenta, ehould have
<br /> "��-Y�, been paid to, or dapoeited with, Lender.
<br /> .� :.�;;
<br /> ��-_:;�' "Lien frae completion of the Improvements" shall moan completion of
<br />_=�',±�,, ` the "Improvements," as defined in the Building Loan Agreement, free and
<br /> _"='-��' clear of all conatruction liens, in accordance with the Plans and
<br /> -=:;�:-a..�:t;.
<br />_:-�,�;:� Speci.f ications and the iesuance, with reapect therato, of a cartificate of
<br /> .;�:
<br />-,-,���1� occupancy, or local equivalent, by the appropriate govemmeatal
<br /> '��`� '�' aubdivision having juriadiction and certification by the Project architect
<br />`;�i�:k;� ' that subatantial completion of the impravements aomprieing the Project has
<br /> ;7°`,•.,1� occurred.
<br /> '.�:��
<br /> IN WITNB3s WHEREOF, Borxower has executed thia Asaignment on the date aet
<br /> -��x'�� forth in the acknowledgment attached hereto and effective as of t.ha c�ate fix•st
<br /> :.�r.i'r�'.�
<br />- -��J above written.
<br /> ..::i�.;•..
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<br /> -'-` •* SORROWER:
<br />_��1'�,'�i=
<br /> —:`:,vc.i.�
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<br /> ___:.� sa ce . Thayer
<br /> _-xJ!l�
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<br /> .._-�„_�,� E est J.
<br />--;::r'?'�rr?41�
<br /> _ ",-�'�
<br /> —=�s��
<br /> � STATE OF NESRASXA )
<br /> -�:.n-wsi ) ss.
<br />�-'«'v°'�'� COUNTY OF HALL )
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<br /> 1"_:.Q�_
<br /> �:�f1�
<br /> �-:��.+�
<br /> _`;��i�"� ,�h The foregoing instrument waa acknowledged beEore me, a Notary Public, this
<br />_�-„� .�� � day of February, 1998, by Janice M. Thayer and Erneat J. Thayer, wife �nd
<br /> ='-�`;�� husband.
<br />_.»�N}�
<br /> .44ay�. ! �
<br />- . . (iENERALNOTA�iY.�,.o,N�� � �. m��
<br /> .�� : � JEANM. ORK �`a,��
<br /> � HtyCanxr►FxP• 1$
<br /> , . Notary Public
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