Extract to table

TO HAVE AND TO HOLD the Mortgaged Property, together with all and singular the rights, privileges, and appurtenances thereunto belonging or in any way appertaining, unto Mortgagee, as Collateral Agent for the benefit of the Secured Parties, and its successors and assigns, forever; PROVIDED, HOWEVER, that if the Obligations are indefeasibly paid and performed in full in cash, all Letters of Credit have been terminated or cash collateralized in accordance with the Credit Agreement, and all Commitments under the Credit Agreement are terminated, then this Mortgage and the estate, lien, and security interest hereby granted shall become null and void and shall be released and discharged in accordance with Section 8

This assignment is a present, absolute assignment, and not merely an assignment for additional security, and shall be effective immediately

Such license shall remain in effect so long as no Event of Default shall have occurred and be continuing under the Credit Agreement or any other Loan Document

Upon the occurrence and during the continuance of any Event of Default, such license shall automatically and immediately terminate without further notice or demand from Mortgagee, and Mortgagee shall thereupon be entitled to collect and receive all Rents directly, and to apply the same to the Secured Obligations in such order and manner as Mortgagee shall determine in accordance with the Credit Agreement

Upon the occurrence and during the continuance of an Event of Default, Mortgagee shall have the right (but not the obligation) to notify any and all tenants, licensees, and other occupants of the Mortgaged Property, by written notice, that the Leases and Rents have been assigned to Mortgagee and that all Rents are to be paid directly to Mortgagee or its designee at such address as Mortgagee shall specify

Mortgagor agrees that no tenant, licensee, or occupant shall have any liability to Mortgagor for any amounts paid to Mortgagee pursuant to this Section 2