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pendency of any foreclosure proceedings, and if there
is a deficiency, during any redemption period.
Assignor hereby appoints Assignee its true and ~
lawful attorney with full power of substitution and with
power for Assignee in its own name and capacity or in the '
name and capacity of Assignor to demand, collect, receive
and give complete acquittances for any and all rents, income
and profits accruing; from the Premises, and at Assignee's
_ discretion to file any claim or take any other action or
_ proceeding and make any settlement of any claims, either
in its own name ~or in the name of Assignor or otherwise,
which Assignee may deem necessary or desirable in order to
collect and enforce the payment of the_ rents, income and
profits. Lessees of the Premises are hereby expressly
authorized and directed to pay any and all amounts due
Assignor pursuant to the Leases to•Assignee or such nominee
as Assignee may designate in writing delivered to and
received by such lessees who are expressly relieved of any
and all duty, liability or obligation to Assignor in respect
of all payments so made.
Assignee is hereby vested with full power to use
all measures, legal and equitable, deemed by it necessary or
proper to enforce this Assignment and to collect the rents,
income and profits assigned hereunder, including the right
of Assignee or its designee to enter upon the Premises, or
any part thereof, with or without force and with or without
process of law, and take possession of all or any part of
_ the~Premises together with all personal property, fixtures,
documents, books, records, papers and accounts of Assignor
relating thereto, and to-exclude the Assignor, its .agents
or servants, wholly therefrom. Assignor hereby grants full--
• power and authority to Assignee to exercise all rights,
privileges and powers herein granted at any and all times
hereafter, without notice to Assignor, with full power to
use and apply all of the rents and other income herein
- assigned to the payment of the costs of managing and open-
' ating the. Premises and of any indebtedness or liability of
Assignor to Assignee, including but not limited to the
payment of taxes, special assessments,~insurance premiums,
t damage claims, the costs of maintaining, repairing, re-
~ building and restoring the improvements on the Premises or
of making same rentable, attorneys' fees incurred in connec-
tion with the enforcement of this Assignment, and to princi-
pal and interest payments due from Assignor to Assignee on
the Note and the Mortgage, all in such order as Assignee
may determine. Assignee shall be under no obligation to
exercise or prosecute any of the r fights or claims assigned
to it hereunder or to perform or carry out any of the
- obligations of the lessor under any of the Leases and does
not assume any of the liabilities in connection with or
arising or growing out of the covenants and agreements of
Assignor in the Leases. Assignor hereby agrees to indemnify
Assignee and to hold it harmless from any liability, loss or
damage including without limitation reasonable attorneys'
fees which may or might be incurred by it under the Leases
or by reason of this Assignment, and from any and all claims
and demands whatsoever which may be. asserted against As-
signee by reason of any. alleged obligations or undertakings
on its part to perform or discharge any of the terms,
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X339 P~ 443
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M,?MONEtl HAOLOW 6 ADAMS, 1401 ^MERIFIRST BUtLO1NG, N11AM1, FLORIDA 33131 TEL. (305) 35B- 5550 •1
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