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the "Contracts"), and the parties with whom or to whom such Con-
tracts have been or are given are hereinafter collectively refer-
red to as the "Contractors". The Contracts shall specifically
include, but not be limited to:
(i) that certain architect's agreement dated
~~--~,~3 F~ / 7, 19~30 between I3orrower
!~r sc~ei/lr-c=S
a nd ~S~ ~C., c-"~"~ -!J',~,,Q .t . Ar ch i t e c t.
(c) All contracts and agr~ements which have heretofore
been or will hereafter be executed by or on behalf of Borrower in
connection with the sale of any lot, unit or portion of the
Property (collectively, the "Sales Agreements"), and the parties
with whom or to whom the Sales Agreements have been or are given
are hereinafter collectively referred to as the "Purchasers".
2. Borrower hereby assigns, transfers and sets over unto
Bank all of its right, title and interest in and to the Additional
Col2ateral and all, the rights and benefits therefrom as security ~
for the full, timely and faithful repayment by the Eiorrower of the
Loan and performance by Borrower of all of its obligations under
the Loan Documents.
3. Until the occurrence of an Event of Default under the
Loan Documents, Borrower may retain, use and enjoy the benefits of
the Additional Collateral. After the occurrence of an Event of
Default as aforesaid, Bank may enforce this Assignment by notify-
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