General Assignment of Rents

(Security for Mortgage)

THIS ASSIGNMENT made as of [Date of Agreement (ie. July 1, 2002)] between [Name of
Assignor] (the "Assignor") of [Address of Assignor] and [Name of Assignee] (the "Assignee")
of [Address of Assignee].

WHEREAS:

(A) By a mortgage registered on [Date of Registration/Recordal of Mortgage] as No.

[Registration/Recordal Number of Mortgage] (the "Mortgage"), the Assignor mortgaged
the property known and described as [Description of Property (ie. 123 Whiteacre Avenue,
Anyplace, California)] (the "Property") in favour of the Assignor to secure payment of all
monies due under the Mortgage (collectively the "Indebtedness"); and

(B) As further and collateral security for the repayment of the Indebtedness, the Assignor has
agreed to assign to the Assignee all rentals arising from the Property;

NOW THEREFORE in consideration of the recitals, the mutual covenants hereinafter set forth,
and for other good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties hereto hereby agree as follows:

1. The Assignor hereby assigns to the Assignee all leases (the "Leases") and rentals (the
"Rentals") arising from time to time in respect of the Property together with all benefits
and advantages to be derived from the Leases and Rentals and the Assignor hereby grant
to the Assignee, the reversion of the Leases in order to enable the Assignee to enforce
payment of the Rentals.

2. The Assignor represents, warrants, covenants and agrees that:

(a) there is no existing default under the Leases;

(b) the Assignor will perform all the Assignor's obligations under the Leases;

(c) the Assignor will only accept payment of the Rentals due and payable under the
Leases as and when the Rentals fall due under the terms of the Leases; and

(d) the Assignor will not accept the surrender of the Leases or amend or vary the
terms of the Leases or assign the Rentals or waive performance by any lessee
named in the Leases of any of their covenants contained in the Leases without the
Assignee's prior consent in writing.

3. Nothing contained in this Assignment shall be deemed to make the Assignee responsible
for the collection of the Rentals or for the performance of any covenants, terms or
conditions contained in the Leases, and the Assignee shall not, by virtue of this
Assignment, be deemed a mortgagee in possession of the Property.
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4. The Assignee shall only be liable to account for such monies as may actually come into
its hands by virtue of this Assignment less proper collection charges and any monies so
received shall be applied on account of the Indebtedness.

5. The Assignee will not cause any lessee under the Leases to pay rent to the Assignee
unless and until the Assignor defaults in payment of any amount owing under the
Mortgage or in performance of any covenant contained in the Mortgage or this
Assignment.

6. The Assignor will execute such further documents as the Assignee may from time to time
require to give full effect to this Assignment and to enable the Assignee to enforce
payment of the Rentals.

7. This Assignment shall be binding on the Assignor, the Assignor's heirs, executors,
successors and assigns and shall enure to the benefit of the Assignee and our successors
and assigns.

IN WITNESS WHEREOF the Assignor has executed this Assignment as of the date first above
written.

Witness [NAME OF ASSIGNOR]