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. Assigto~rrt (Contintted)
11ssl~wr ~ irre~roc~bsi? d~si~wt~s aM ~ppolett~ Assi~~ its
t.~w ~nd l~vit~l ~ttora~y-in•irct in its u~e, ~L~a~ +~ad at.~d to ssti, daw~d~
. - ~Wl~ct~ sw lor, ~tt~ch, l~v~?, raoo~wr and rsaeiv~ ail reat~ aad ~y~ vbicD
_ ar~ Dersby as~i~sd ~od vbich oo~? at~e or h~r~!'t~r ~ b~oor~ dw, aving aqd ,
p~ab~l~ undes t~De Irea~e ~ad i~c+o¦~ tbe pr~aises ~ub~at to tlw I~s~ h~ $hall
, or its wccessors or assi~s, vith l1~1]. power ta? iostitute a~y? ~ad a11 lt~ai
pro~aediog~s aratl,able to it uader ap~itcab~iv l~w for the callectioo tberaot
02' tOY' 'irlie L~Og pOiaOis~.Qlt Ot t.Le ~~~f iYD~QCL tr0 1aM L~0`N OZ' ~
. Part tbsreol, iacludin6 slar?ry Prxesdings •
Aasigoor hsreby ltiu~LLer desi~?tea ard appoiats Assi~ it~a l,rus
~d 1~?viltl yent ana attorwyin•1~act !o ~alos ~1d execut~, in th~ •owwe aod ot~
. behal! of Assi~or; daeds to tDe pre~ise~ wb,~~Ct to tl~e Lsaa~ oo¦~lyietg vith
~ tbs psnvidons of article 12 ot the Lessa atrd to delivsr tbe sai~d d~seda ao
beh~?Z.t o! A,asiBar to sbsil a~atast pyiaent ot tbe p~u~cbase price tor sai~d _
p~ises in aecord~nce vitb tDe pr~visioas or t?Ls Lesae. B~s~aa ~ed ~o a~de,
euecu~ed and d,e].ivered by Assigpae on bebal! o! Assi~or shall be binding ,
upon Assi~o~r aud all Persoos cl~in6 bY, t~r~u~ or imder Asslg~ocr vith
t.be we eftect s~ it Assigitior Lsd itaelt asde, executed s~nd deliverad t~rs
s~e.
Assi~se shatl aot be oblig~ated to perto~ or diacbarge, nor does
it l~ereby undes~te~ce to pertont or disahsr~e, aR1 ob~lig~atio~n, dut,y or liability
uu~der tbe Lasse or uoder os by raaon o! tbi~ Assig~aent ~a~d Assigpor ah411 -
` aad d~oea bereby agrae to inde~aily aad boLd Assigt~ee hat~tlesa o! end is~oia -
a~q~t and all liability, loss or deu~ege vfiich it ~y? or aight iacur u~pder tbs
L~as~ or under or by resaon o! this .As~i~ent, ~nd of sAd h~o~ a~tpl ~od ail
clains ~od de~ands vbst~oevrx ~fiich ~y be asserted yatost it by reason o!
aiq? alle~ed oblig~stions or uadertaring oa its pss~L to perfa?~ or discharge .
. aqy of t~e ter~s, co~renants or a~ents contai~ed 3n tbe Lea~e. ~
~til tbe indebt.edaeas tecured hereby sball bave been paid in t1i11, .
Asaig~o?r oovenaats aad agrees to keap tl~s pre~ai~es sub~ect to tlye Le~se lea~ed
at a~ood and aul~liciea~t s~ent ~ad to trsnsler ~nd assigp to Assi~ee t.he abow
prov~ded ri~ts, titLe~ sod interasts ot Assi~wr in arq? ~d atl ~later or -
subsequent leases ~oa all or aqy part o! ~ai~d pra~i~sa aad all rents, issues, ~
~ profits atd inca~e p~y~ble under such le~aes~ to De a~d~e by Asaigpor o~oly vith
tbe prLor vMttea conserrt of Assig,nee, a~d A~si~oor covenents to aate, ezecute
~d dali~er to AssigAea upon da~aad aqy aod all irutr~sents t1~at ~y be
aecesaar~ t.berelor. •
Its~otsr ss atyl of tbe preaises itrcluded io the I.eaae are situated
in t.he Btste o! Louisiana, it is widerat.oocl that Assi~se is~ in a~d~ditiot~,
acting u the ~geat for the l~olders o! tlye ~tes. -
: Upon p4yient in t~l of all i=~debtadaess secus~ed bereby, thls
Aasigp¦~ent shs,t]. bsca~a aad be wia and ot n~ ettect. '
' ~?less a detault under the Iodeature sball La~ne occurr~d and be ~
• CODtltwing, tbis Asil~seDt ~hall beCC~e oqd be tb3d aDd Ot ilo etleCt npOII '
t~e p~,yaent in l1i11 ot t.Ls principat o!~ am tLe ioterest ~i pac~alu~, i! sr~,
: oa t.l~e ~otes o! tbe seMes d~esigroated "4-1?2~ Secured ~te~ Series H Due
~ Jan~?ry l, 1973", aod ot the series desig~?ted "k•5~8~ 8ecured lbt~s 8eri~s I
D~te Ja~nueuc'y 1, 1989". : .
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