Subject to this [Section 9], Trustor hereby irrevocably and absolutely grants, transfers and assigns to Beneficiary a security interest in all of its right title and interest in all Leases, together with any and all extensions and renewals thereof for purposes of securing and discharging the performance by Trustor of the Secured Obligations. Trustor has not assigned or executed any assignment of, and will not assign or execute any assignment of, any other Lease or their respective Rents to anyone other than Beneficiary, in each case, except as permitted by the Credit Agreement.

Subject to this [Section 9]9(d)], Trustor hereby irrevocablyhas assigned and absolutely grants, transfers and assignstransferred to Beneficiary a security interest in all of its rightTrustor’s right, title and interest in and to the Rents now or hereafter arising from each Lease heretofore or hereafter made or agreed to by Trustor, it being intended that this assignment establishes an absolute transfer and assignment of all Leases, together with anyRents and all extensionsLeases to Beneficiary and renewals thereof for purposesis not merely a grant of securinga security interest therein. Subject to [Section 9(d)], Beneficiary may in Trustor’s name and discharging the performance by Trustorstead (with or without first taking possession of any of the Secured Obligations. Trustor has not assignedProperty personally or executedby receiver as provided herein) operate the Property and rent, lease or let all or any assignment of,portion of any of the Property to any party or parties at such rental and will not assignupon such terms as Beneficiary shall, in its sole reasonable discretion, determine, and may collect and have the benefit of all of said Rents arising from or executeaccruing at any assignment of,time thereafter or that may thereafter become due under any other Lease or their respective Rents to anyone other than Beneficiary, in each case, except as permitted by the Credit Agreement.Lease.