Agenda - 06-24-1986 - Laserfiche WebLink

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(d) the Deed of Trust (as the same may from time to time be supplemented or amended) , of even date herewith ( the "Deed of Trust" ) , from the Company to , as trustee for the benefit of the Assignor, covering certain real property more fully described therein; provided, however, that the Assignor hereby expressly reserves its rights ( together with the Assignee, where applicable) under the following sections of the Deed of Trust: ( i ) Section 6 (pertaining to the Assignor ' s right to receive payment for certain costs and expenses) ; ( ii ) Section 9 (pertaining to the Assignor ' s right to receive payment for certain advances) ; and ( iii) Section 12(a) (pertaining to the Assignor ' s right to receive certain notices) . No exercise by the Assignee of any rights of the Assignor shall release the Assignor from any of its obligations under the Loan Agreement, the Note, the Security Agreement or the Deed of Trust (hereinafter referred to collectively as the "Bond Documents" ) . The Assignee may take or release other security, may release any party primarily or secondarily liable for any indebtedness secured hereby, may grant extensions, renewals or indulgences with respect to such indebtedness, and may apply any other secur- ity therefor held by it to the satisfaction of such indebtedness without prejudice to any of its rights hereunder . It is further agreed that nothing herein contained and no act done or omitted by the Assignee pursuant to the powers and rights granted to it herein shall be deemed to be a waiver by the Assignee of its rights and remedies under the Bond (hereinafter defined) or the Bond Purchase Agreement (hereinafter defined) , but this Assign- ment is made and accepted without prejudice to any of the rights and remedies possessed by the Assignee under the terms thereof. The right of the Assignee to collect said indebtedness and to enforce any other security therefor held by it may be exercised by the Assignee either prior to, simultaneously with, or subse- quent to any action taken by it hereunder. This Assignment is given in order to secure the payment of principal of, premium, if any, and interest on the Bond (the Bond" ) issued by the Assignor pursuant to the terms of a Bond Purchase Agreement, of even date herewith ( the "Bond Purchase Agreement" ) , among the Assignor , the Assignee and the Company. This Assignment shall terminate upon Payment of the Bond (as defined in the Loan Agreement) . The Assignee, at the Company' s expense, will execute and deliver such instruments as the Assign- or may reasonably request to evidence such termination. 3.