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Unless otherwise defined herein, all capitalized terms used in this Assignment shall have the meanings ascribed to such terms in the Loan Agreement dated as of June 15, 2025

In the event of any conflict between the definitions contained herein and those contained in the Loan Agreement, the definitions contained in the Loan Agreement shall control, except with respect to terms expressly defined in this Assignment

This Assignment is intended to satisfy and does satisfy the perfection requirements of Section 291-f of the New York Real Property Law ("RPL") and Section 13-103 of the New York General Obligations Law ("GOL"), and shall be perfected upon the recording of this Assignment in the Office of the City Register of the City of New York, New York County

This Assignment shall remain in full force and effect until the indefeasible payment in full of all Obligations and the termination of the Loan Agreement

The scope of this Assignment is intended to be as broad as possible and shall be construed to include all rights and interests of Assignor in any occupancy arrangement or revenue stream related to the Property

No release, satisfaction, or discharge of the Mortgage shall affect or impair this Assignment unless this Assignment is expressly released in writing by Assignee, and no release, satisfaction, or discharge of this Assignment shall affect or impair the Mortgage unless the Mortgage is expressly released in writing by Assignee