This document is an Absolute Assignment of Leases, Lease Guaranties, Rents, Issues, and Profits from the Assignor to Preferred Bank, a California banking corporation. It involves the transfer of rights related to leases and rents of a property in Los Angeles County, California, as part of a Construction Deed of Trust securing an $18,000,000 loan. The document outlines the rights and obligations of both parties, including the conditions under which the Assignee can collect rents and the Assignor's warranties and indemnifications.
documents/EFTA00724765.pdf
{}