HomeMy WebLinkAbout2760 . t
. i
. `
t
!
~ f
1
~
s
. ~
af forded to Lender by reason of this Assignment are separate i
and cumulative remedies and it is agreed that no one of such '
remedies whether exercised by Lender or not, shall be deemed to
be in exclusio~ of any of the other remedies available to
Lender and shall not in any manner limit or prejudice any other
.legal or equitable remedies which Lender may have, includinq,
but not limited to, all rights and remedies of Lender under the
Note, the Mortgage or any other document or instrument t
evidencing, securing or guaranteeing payment of the Debt, in
whole or in part.
4
~ 12. It is the intention of the parties hereto that ~
any and all other leases affecting the Premises or any portion ~
thereof presently in effect or hereafter entered into by
Borrower shall be covered by the provisions of this Assignment ;
and all such leases and all of the Borrower's right, title and ~
interest in all such leases, and the rents, additional rents, ~
charges, issues,. profits and other sums payable thereunder, are
hereby assigned to Lender until the end of the respective terms
thereof and any renewals or extensions thereof, subject to all
of the terms, covenants and provisions of this Assignment. The
inclusion of any such lease under this Assignment and the
provisions hereof shall be evidence for all purposes of the
physical delivery of each such lease to Lender and Borrower
agrees to so deliver the same. Borrower shall, upon the ;
request of Lender, execute and deliver in recordable form all ~
instruments which Lender may reasonably request for furthec
evidence and conf irm such assignment of each such lease.
13. This Assignment sha11 be binding upon Borrower,
and its successors and assigns and shall inure to the benefit
of Lender, and its. successors and assigns.
14. This Assignment may only be modified, altered,
-amended, or terminated by an agreement in writing executed by
the parties hereto.
~ .
r 15. Any notice, request, demand, statement or
consent made hereunder or in connection herewith shall be in
~ writing and shall be mailed by registered or certified mail,
i return receipt requested, and shall be deemed given when
~ postmarked and addressed as follows:
f If to Borrower:
~ Center West Associates
~ c/o Headway Florida, Inc.
~ Attn: William Tyre ~
~ 8751 West Broward Boulevard '
Plantation, Florida 33324 ?
~
~ '
~ I f to Le nde r: ~
' !
~ The Royal Bank of Canada
~ Attn: Lyle Littiejohn
~ 68 William Street
~ New York, New York 10005
~
~
~ -5-
Y
Y
B
~
~
~ 3
~ ~
~ , 3
~
s 312 Pa~~ 275fi '
.
~