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<br /> : . � : .. � � 9��- �as�s�s .�� . :.
<br /> . .;.y:,-f;� beyoad the manrrity of the indebtedaess secared by the Loan Qocumenu aad cance�a�r Lease or sublease thereaf � �``,:,_� ,�- .
<br /> . . `,' - for any caase or oa any ground wlrich wo��ld entitle Assigaor to cancel the same. •
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<br />- `— -- --- ° 7. After payment of aU proper charges and expenses.inctuding the j�st and reasonable compensarian ���`'`�-,; _�,��'t
<br /> • far the services of Assigaee,iu attomeys.aSents,c2erks,servants aad others employsd by Assignee m ounaeaiva ;
<br /> ` � � with the operarion,management anfl cantrol of the Pmperty aad the coa�uct of the 6usmess thrieo�and sucb fiuther . . ..
<br /> ' '. ` , �- u= s�s as may be sufficient to iademnify Assignee trom and against auy liab�7'rty,loss or damage on acxoum of aay � . ..
<br /> � :_ . °:• ..'. � aaauer or tLing done m good faith in garsvance of the rights and powers of Assignee hereunder,Assignee may.at . �`."
<br /> , ;� iss optinn,credit the net amoaat af mcome wLich AssigaEe may receive by virtue of this Assigument and from the . .' -
<br /> �, _ Property to suy and all ammmts due or owiag to Assignee from Assignor und�theterms and pmvisions of the Note ° : '���• `-
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<br /> �• � aud the Loan Doa�atents. The balance of s�n�income shall be released tn ar upon the order of Assignor. The �"—
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<br /> •_ : . manner of the applicarion of such net m.come and the item or ite�s wIuch shall be credited shall be within the sole . —_
<br /> � disctetion of Assigaee. - -
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<br /> . '• .. .;�;;> 8. The aaxptance by Assiguee of this Ass's�t,wi�all of the rights,powers. priv�Teges aad �'=
<br /> � � �. authority so cre�,shall neuher be deemed or coastrued w consdtute Assignee a mortgagee in possession nor at ".•�,;•�,�
<br />- - �:.i any t�or m any eveat to impo�any►obligattan wharsoever�on Assi�nee to appear ia or defend any action or _... ,_�.Y_��'`
<br /> � :.,=`�-'� pracead'mg relaung to che Leases or the PropertY,or tn take any araon hezenader.or[o expead any moncy or mcur . .$.,��
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<br /> . :. ,.;� �y expenses,or perform or discharge any obligation,duty or liab7ity uader the Leases,or ta assume any obligatioa • :r; .•. . �:.;�=.
<br /> , .. � , or msponsisibility for aay secauiry deposits or other deposits delivered w Assigaor by sny teaant and not assigned and �: � '�,;;•;^:°;��'
<br /> ', ,, delivered w Assi�,or render Assignee liable ia aay way for any injnry or damage to persoa or property siu7aiaed :*,.;" �':�►;�_�
<br /> , _ bY�Y P�n or eatity ia,on.or about the property. ,. �'t�;�
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<br /> 9. Assignor agrees that the collecrion ofrents and tIaeapplicationthemofasafoiesaidortheentry upoa :;;z°��,�.
<br /> _ � aud taking of po�on of the Property.or any part thereof,by A�signee shall not cure or waive at►y defantt,or i,�'"f
<br /> . waive, modify or affect any aotice of default uader the Note or the Loan Dacuments,or iawalIdate any act done ,, _—
<br /> � `�` pu�ant w sach notice,and the enforcemeut of such ri t ar remed b ee,once exercised,shall continue ' .
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<br /> - � . for so long as Assignee shall elect. If Assigmee shaU thereafter e2ec[w discontinue the exen�3se of any such right or .
<br /> .- remedy,the same or any other right or remedy hereuader map be reasserted at any tim�aad from time to time . ' ��r-�:
<br /> follow�g any sabseqnent defanl� �:R.—�",
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<br /> • 10. The rights and remedies of Assigueehereunder aze cumulative aad not ia lieuof,6ut are iaaddition '` .;,°!�-� -
<br /> .� � . , to,aay rights or remedies wlrich Ass3gnee shaU have uader tbe Note.any of the Loan Documents,or ai law or ia .�;�r_;�_f
<br /> � equiry,which r�ghts and remedies may be exercLsed by Asslgnee eitLer prior to.�muItaneously witL.or subsequent � :r �'��.L�N
<br /> ` • co,aay acdoa taken heceuader. The rights and remedies of Assignee may be exercised from time w t�me aad as oftea •� �,,'.;"v.
<br /> . as such exercise is damed expedient,and the failure of Assignee w aval itself m�any of the terms.Pmv3s3nns and . ': • ���,��
<br /> ` ' contittoas of tbis Assigu�unt for aay period of time,at any tirne or times,shaU not be cansuaed or deemed w be
<br /> � ' a waiver of any righu under the terms hereof. �"��
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<br /> "� � 11. The dght of Assignee w wllect and receive the rents assigned heceunder or to take posse�ion of : � • - .
<br /> � ' � �� the Property,or to exercise any of the dghts or powers herein granted to Assignee ahall,w the extent not prohibited . .. �
<br /> . , by law, also eatend w�e period from and after the filiag of any suit ta forecIose the lien created under arry of the . � '
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<br /> , • Loan Documents which cover the Property,includiag any perIad allowed by law for the redemptian of the Praperty ' :
<br /> ' ' � t � after any foreclosure sate. � . . .
<br /> . 12. Assignor agrees to indemnify.d�fend and ho2d Assigaee hanNess of,from and agamst any and all � .•.
<br /> ': • liab�iry,loss,damage or expense,which Assignee may or might incur under or by reason of this Assignmen�aad '. ' . '_
<br />. . �, of and fram any aad all claims and demands whatsoever which may be asserted against Assi&nee by reason of aay • �
<br /> alleged obilgation or undertakiag oa t�se part of Assigaee to perform or discharge aay of the terrns,wvenants or �
<br /> ,� � agreeusents contained in the Leases. Shou]A Assignee imcur any such liabllity.loss or damage under or by reason . '
<br /> of tbis Assignmen�.or ln the defense of any such claims or demands.the amount thereof.including wsts,expenses . ' • •
<br /> . Asslgnment of l.eace aad Rmts fPage 4 oJ9) �
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