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hereinabove given to Debtor to collect the rentals under any
such lease. The foregoing assignment of any lease shall not be
deemed to impose upon Secured Party any of the obligations or
duties of Debtor provided in any such lease, and Debtor agrees
to fully perform all obligations of the lessor under all such
leases. Upon Secured Party's request, Debtor agrees to send to
Secured Party a list of all leases covered by the foregoing
assignment and as any such lease shall expire or terminate or
as any new lease shall be made, Debtor sha12 so notify Secured
Party in order that at all times Secured Party shall have a
current list of all leases affecting the property described in
paragraphs (A), (B) and (C) hereof. Secured Party shall have
the right, at any time and from time to time, to notify any
lessee of the rights of Secured Party as provided in this
paragraph. From time to time, upon request of Secured Party,
Debtor shall spec~fically assign to Secured Party as additional
security hereunder, by an instrumer~t in writing in such form as
may be approved by Secured Party, all right, titl.e and interest
of Debtor in and to any and a12 leases now or hereafter on or
affecting the Secured Property, together with all security
therefor and all monies payable thereunder, subject ~o the
conditional permission hereinabove given ~o Debtor to collect
the rentals under any such leases. Debtor shall also execute
and deliver to Secured Party any notification, financing
sta~ement or other document reasonably required by Secured
Party to perfect the foregoing assignment as to any such lease.
This -instrument constitutes an absolute and present
assignment of the rents, royalties, issues, profits, revenue,
income and other benefits from the Secured Property, Debtor, to
collect, receive, take, use and enjoy the same as provided
hereinabove, provided, further that the existence or exercise
of such right of Debtor shall not operate to subordinate this
assignment to any subsequent assignment, in whole or in part,
by Debtor, and ~ny such subsequent assignment by Debtor shall
be subject to the rights of Secured Party hereunder; and
F.
! TOGETHER WITH a~ecurity interest in all fixtures,
I fittings, furnishings, appliances, appara~us, equipment,
' machinery and o~her personal property, including, without
limitation, all gas and electric fixtures, radiators, heaters,
engines and machinery, boilers, ranges, ovens, elevators and
motors, bathtubs, sinks, water closets, basins, pipes, faucets
and other air conditioning, plumbing, and heating fixtures,
mirrors, mantles, refrigerating pZant, refrigerators, iceboxes,
dishwashers, carpeting, furniture, laundry equipment, cooking
apparatus and appurtenances, and all building material,
supplies and equipment now l~cated on or hereafter delivered to
7619x:01/26/88 BOpK V 73 PAGE V V~
3002-353
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