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Property, to obfigats Beneficiary or Trustee to cease the 6ortgaged Property or attempt
do so, or to talcs any action, incur any -P—c, or perform or discharge any
to
to dowhatsoever under any of the Leases or othervrisc.
ssoduty or liability
ARTICLE 5
RENTSAN—P-1-F-*515
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section 5.1 AaaiY0
1=b1. Grantor acknowledges and confirms that it
has executed and dnts and Ltascs Of even
elivered to Bcnefi6ary an Assignment aR such � create a
_rn nts and I�sa"). intending'
date (the "
presrnt, absolute assignment to Beneficiary of the Leases and Rents. Without limiting
the intt nded benefits the remedies
edies provided under the Assr®amty f a indebRents tedness
Leases, Grantor here assignsCtanRent Beneficiary. While a yy Event of Default exists
and the Obligations. the Leas or all of the remedies provided in me
Beneficiary shall be entitled to exercise any the right to have a
Assignment of Rents and Leases conflid in Article 4 ct inconsistency exists betweeincludj*jn the assignment of
receiver appointed. If any
Rents
the Rents and
se the Leases is Uric Deeut Rentsand Leases, t and the the terms oftheAss Assignment of
A the [,eases in the Assignor
Rents and Leases shall control.
So long as any Part o£ the
Section 5.2 Ci2MsIfS-� aid and undischuged, the
indebtedness and the Obligations secured hereby remainunpaid
not merge, but shall remain
fee and leasehold estates to the Mortg �e union
shasuch estates either in Grantor,
separate and distinct, notwithstanding nofs or otherwise.
Beneficiary, any lessee. or any third party by purchase
ARTICLE 6
WIMM AGRELK"NT
Section 6.1 �i�r h °tercel' Ths Deed of Trust oonsatutes a
ro w thin the meaning of the UCC and otber
"Security Agreement" on personal Property Plans, Leases. Reots sod
applicable law with respect to the personahy, Fixtthes a pcond
property Agre ments. To this end, Grantor grants to Trustee and Beneficiary ��d
and prior security interest in the Personalty, Fixtures, Plans. biasesto
property Agret:ments and all other Mortgaged Property which is personal property r
secure the payment of the indebtedness and performance of the ed Party under
and egress
that Beneficiary shall have all the rights and remedies of a poured Party here Ore
. Airy notice It sale, disposition or other intended
UCC with respect to such property personaltyFixtures, Flans, Leaps, Rents and
action by Beneficiary with respect to the
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