Common use of Assignment Property Assigned Clause in Contracts

Assignment Property Assigned. Borrower and Lender intend, and Borrower hereinafter absolutely and unconditionally assigns to Lender as collateral security the following property, rights, interests and estates, whether now owned, or hereafter acquired (the "Assignment Property"): (a) Rents and Revenues. Any and all Rents and Revenues; (b) Debtor Relief Claims. Any and all Debtor Relief Claims;