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13135953v2 16 29. Application of Rents, Profits and Income. All Rents collected by the Mortgagee or the receiver each month shall be applied as provided hereinabove. The rights and powers of the Mortgagee under this Assignment and the application of Rents under this paragraph 29 shall continue until expiration of the redemption period from any foreclosure sale, whether or not any deficiency remains after a foreclosure sale. 30. No Liability for Mortgagee. The Mortgagee shall not be obligated to perform or discharge, nor does it hereby undertake to perform or discharge, any obligation, duty or liability of the Mortgagor under the Leases. This Assignment shall not operate to place upon the Mortgagee responsibility for the control, care, management or repair of the Mortgaged Property or for the carrying out of any of the terms and conditions of the Leases. The Mortgagee shall not be responsible or liable for any waste committed on the Mortgaged Property, for any dangerous or defective condition of the Mortgaged Property, for any negligence in the management, upkeep, repair or control of said Mortgaged Property or for failure to collect the Rents. 31. Mortgagor’s Indemnification. The Mortgagor shall and does hereby agree to indemnify and to hold Mortgagee harmless of and from any and all claims, demands, liability, loss or damage (including all costs, expenses, and reasonable attorney’s fees in the defense thereof) asserted against, imposed on or incurred by the Mortgagee in connection with or as a result of this Assignment or the exercise of any rights or remedies under this Assignment or under the Leases or by reason of any alleged obligations or undertakings of the Mortgagee to perform or discharge any of the terms, covenants or agreements contained in the Leases. Should the Mortgagee incur any such liability, the amount thereof, together with interest thereon, shall be secured hereby and the Mortgagor shall reimburse the Mortgagee therefor immediately upon demand. 32. Authorization to Tenant. Upon notice from the Mortgagee that it is exercising the remedy set forth in paragraph 28(b) of this Assignment, the tenants under the Leases are hereby irrevocably authorized and directed to pay to the Mortgagee all sums due under the Leases, and the Mortgagor hereby consents and directs that said sums shall be paid to the Mortgagee without the necessity for a judicial determination that a default has occurred hereunder or that Mortgagee is entitled to exercise its rights hereunder, and to the extent such sums are paid to Mortgagee, the Mortgagor agrees that the tenant shall have no further liability to Mortgagor for the same. The signature of the Mortgagee alone shall be sufficient for the exercise of any rights under this Assignment and the receipt of the Mortgagee alone for any sums received shall be a full discharge and release therefor to any such tenant or occupant of the Mortgaged Property. Checks for all or any part of the Rents collected under this Assignment shall upon notice from the Mortgagee be drawn to the exclusive order of the Mortgagee. 33. Mortgagee an Attorney In Fact. Upon an Event of Default, the Mortgagor hereby irrevocably appoints the Mortgagee, and its successors and assigns, as its agent