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<br /> ($139,000) Dollare due and peyable on or before M.arah 1, 2017; -_—
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<br /> And, Whereaoo euch loen ie for �he benefit af both Horrower --
<br /> end Lo�eee, in �ha�t the funde are to be ueQd for the benAfa.t of the
<br /> bueiness donduated on the leasod prAmieee;
<br /> Naw, Thexefore, for and in coneidernfiion of the promieea and
<br /> o€ diebursement of eaid loan or any part thereoi, Borrower, with
<br /> the coneent of Leseee, hereby Aseigne, Tranefere and Ca�zve�s unto �
<br /> Aseignee the leaee aboire doecri3�ed, To Have and To Hold the same
<br /> for and during the rema�.nder of the term aaentioned in the lease,
<br /> all renewale and extenoione oF eaid term.
<br /> A. Borrnwer and Leeeee further Covanant an3 Agree:
<br /> 1. Leesee is not now in defaul.t i.n the Ferfoxmance of leaeef
<br /> ° und Porro����: und Leeeed will each perfoim the cov�s�ants
<br /> and conditione required of them by said �.e�ee for the
<br /> term of �aid teaee.
<br /> - 2. Bxcept ae otherwise horein permitted, Borro�aer and Leseee
<br /> will nat, alone or by agreement between them, modify or
<br /> termi.ndte sa:td lease without consent of Aesignee.
<br /> - 3. In the event of defaul� by Horrower under the terms of
<br /> snid lease, Lee�es ehsll have the right ico te��rt�.nate said
<br /> lease in accorelanaa with ito terme, Providc�d, 8owav�r,
<br /> Leesee ohall fi.rst give Assignee 60 days written notice
<br /> of auah default and the righ�, at t3ae option of AAeignee, �
<br /> durinq suah period, ta aure e�uc�h d�faul�; and during such
<br /> g�riod, Lese�e will take no acti�n to enforoe 3t� claim
<br /> arisinq from such defAUlt without Assignee's coneent.
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