Common use of Lease Assignment Clause in Contracts

Lease Assignment. Trustor acknowledges that, concurrently herewith, Trustor has executed and delivered to Beneficiary, as additional security for the repayment of the Loan, an Assignment of Rents and Leases (“Assignment”) pursuant to which Trustor has assigned to Beneficiary interests in the leases of the Premises and the rents and income from the Premises. All of the provisions of the Assignment are hereby incorporated herein as if fully set forth at length in the text of this Deed of Trust. Trustor agrees to abide by all of the provisions of the Assignment.

Appears in 4 contracts

Samples: Leasehold and Fee (Grubb & Ellis Healthcare REIT, Inc.), Grubb & Ellis Healthcare REIT, Inc., NNN Healthcare/Office REIT, Inc.

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