ASSIGNMENT OF LEASES AND RENTS (SENIOR)
Stewards, Inc.
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THIS DOCUMENT WAS DRAFTED BY
AND WHEN RECORDED RETURN TO:
Tyler K. Olson, Esq.
Fox Rothschild LLP
33 South Sixth Street, Suite 3600
Minneapolis, MN 55402-3338
(612) 607-7000
ASSIGNMENT OF LEASES AND RENTS
THIS ASSIGNMENT OF LEASES AND RENTS (“Assignment”), is made as July 24, 2026, by BLOCK 40 PROPERTY, LLC, a Delaware limited liability company (“Borrower”), as assignor, for the benefit of VMC CRE MASTER LENDING UPPER REIT LLC, a Delaware limited liability company (together with its successors and/or assigns, “Lender”), as assignee.
RECITALS
A. This Assignment is given to secure a loan (the “Loan”) made by Lender to Borrower pursuant to that certain Loan Agreement of even date herewith between Borrower and Lender (as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, the “Loan Agreement”) and evidenced by that certain Note (as defined in the Loan Agreement) and secured by, among other things, the Security Instrument (as defined in the Loan Agreement).
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