10210 EVERGREEN WAY 2018-01-01 MF Import

C � Borrower will assemble any items of personal property and make them available to Lender at the Property. Lendcr shall give Borrower at least five(5)days'prior written notice of the time and place of any public sale or other disposition of such Prop�rty or of the time of or a.fter which any private sale or any other intended disposition is to be made. Any persun pecmitted by law to purchase at any such sale may do so. Such Property may be sold at any one or more public or private sales as permitted by applicable law. ARTTCLE VI ASSIGNMENT OF RENTS AND LEASES;LEASES OF PROPERTY eUPnINTMFN'['OF RF Tln'R� i }.'i.*�FR rnT POS4 44in1vT VI.1 Asci�me t of Rent�A�d T e � c, As part of the wnsideration for the Secured Obligations, and zs additional security therefor,Borrowen c�reby absolutely and unconditionally assigns and Vansfers to Lender all right,title and interest of Borrower in end to: (a)any and all present and future leases,subleases,and other agreements for the occupancy or use of all or any part of the Property, and any and all extensions,renewals and replacements thereof("Leases"); (b) all cash or security deposits, advance rontals and deposits of a similaz nahue under the Leases; (c)any and all guarantees of tenants'oi• occupants'performances under any and all Leases,and(d)all rents,issues,profits and revenues("Rents")now due or which may become due or to which Borrower may now or shall hereafter become rntitled or may demand or claim(including Rents coming due during any redemption period),arising or issuing from or out of any and all Leases, including without:imitation minimum,additional,percentage and deftciency rents and liquidated damages. VI.2 0ll .G -� ofR nt�, prior to any Event ofDefault hereunder,Borrower shall have a license to,and shap,copect and receive all Rents of the Property as ttustee fbr the benefit ofLender and Horrower,apply the Rents so collected first to the payment oftaxes, assessments and other chazges on the Property prior to delinquency, second to the cost of insurance,maintenance and repairs required by the terms of this Deed of Tnut,third to the costs of dischazging any obligation or liability of Borrower under the Leases,and fourth to the Secured Obligations,with the balance,if any,to the account of Borrower provided there is no Event of Defautt. Upon delivery of written notice by Lender to Borrower of an Event ofDefault hereunder and stating that Lender exercises its rights to the Rents,and without the uecessity of Lendcr entering upon and taking and maintaining full control of the Property in person,by agent or by a court-appointed receiver, Lender shall immediately be entitled to possession of all Rents from the PropeRy as thc sazne become due and payable, including without limitation Rents lhen due and unpaid, and all such Rents shall immediately upon delivery of such notice be held by Borrower as trustee for the benefit of Lender only. Upon �clivery of such written notice by Lender,Borrower Bereby agrees to direct each tenant or occupant of the Property to pay all Re�ts to Lender on Lender's written demand therefor, without any liability on the part of said tenant or occupant to inquire fu�ther as to the existence of a default by Borrower. Borrower hereby authorizes Lender as Borrower's attomey-on-fact to maka such direction to tenants and occupants upon Bortowet's failure to 15 �� os � x09s4