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Home My WebLink About1149 S. That the Assignor will not accept any pre- payment of rent oCher rhan as any such prepay- ment is specifically provided for in the leases. The rights of the Assignee hereunder shall be exercisable ; ; s i only in the event of (a) a default under the Cerms of the aforesaid Note and Mortgage, as modified by agreement entered into Chis day between the Assignor and the Assignee, or (b)'a breach or attempted ~ breach of the above enumerated covenants of the Assignor. This ~ Assignment shall be null and void and of no further effect upon ' payment in full of the indebtedness and all other sums secured by the said Mortgage, as modified. # ~ EACH TENANT is hereby authorized and directed, in the ~ - f ~ event that the tenant receives from the Assignee a written notice that the Assignee is exercising its rights hereunder, to pay the ~ .Assignee all rents then due or thereafter to become due until re- ~ ` t ~ ceipt by the tenant of written notice from the Assignee to the ~ ~ ; ; contrary. It is understood, however, that until the receipt by ; the tenant from the Assignee of such written notice, all rent shall i ~ ~ be payable to the Assignor and its successors in interest. ¢ ~ The Assignee shall not be liable for the care, maintenance f ti ~ ~ ~ or operation of the mortgaged premises, or for the performance of 4 , ~ ~ - ' ~ any of the obligations of the Landlord under the leases assigned 4 ~ ~ hereby, nor shall the Assignee be liable to any party for any reason ; ~ ~ whatsoever in connection with said leases or the operation or con- ~ ~ dition of said premises. i r ~ IN WITNESS WHEREOF, the Assignor has executed this Assign- ~ ment Che da of A ril 1975. ' ~ ~C~ y P ~ ~ ~ ~ ~ Witnesses as to each of A signor: ^ ~ ~ ignatures: . ~ ~ t ` ~ ~ ~ ~ W Melvin F. embl ~ ~ ~ ; ~ - Be S. Sembler { BooK238 PAGE1~48 ~ ~ -3- ~ • ~ _ - - u ~ -p`.~ ° ~ ~ s ~,h ' ~'~a,y§ U `T^~` 4y 4~'va~ 4. `c. _ _ _ 3 ~ . . _ . _ _ . .