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27641/0590-9119349v1 <br />4 <br />201302502 <br />(c) Tenant's obligations hereunder shall be effective only so long as <br />Mortgagee is bound to Mortgagee's obligations hereunder. <br />5. Tenant will notify Mortgagee of any default by Landlord under the Lease which <br />would entitle Tenant to terminate the Lease or abate the rent payable thereunder and agrees that <br />notwithstanding any provision of the Lease, no notice of termination thereof nor any abatement <br />shall be effective unless Mortgagee has received the aforesaid notice and has failed to cure the <br />subject default within the same time period allowed Landlord under the Lease. It is understood <br />that the abatement provisions of this Section relate to abatements by reason of Landlord's default <br />and do not apply to provisions of the Lease whereby Tenant has the automatic right to abate <br />rentals such as, for example, abatement upon casualty or condemnation. <br />6. Neither the Mortgage nor any other security instrument executed in connection <br />therewith shall encumber or be construed as subjecting in any manner to the lien thereof, any <br />trade fixtures, signs or other personal property at any time furnished or installed by or for Tenant <br />or its subtenants or licensees on the aforementioned property regardless of the manner or mode <br />of attachment thereof. <br />7. Any notices of communications given under this Agreement shall be in writing <br />and shall be given by registered or certified mail, return receipt requested, or by any recognized <br />overnight mail carrier, with proof of delivery slip, postage prepaid, (a) if to Mortgagee, at the <br />address of Mortgagee as hereinabove set forth or at such other address or persons as Mortgagee <br />may designate by notice in the manner herein set forth, or (b) if to Tenant, at the address of <br />Tenant as hereinabove set forth, with duplicate copies to Allan N. Rauch, Esq., c/o Bed Bath & <br />Beyond Inc., 650 Liberty Avenue, Union, New Jersey 07083, and W. John Park, Esq. do Cole, <br />Schotz, Meisel, Forman & Leonard, P.A., 25 Main Street, Court Plaza North, Hackensack, New <br />Jersey 07601, or such other address or persons as Tenant may designate by notice in the manner <br />herein set forth. All notices given in accordance with the provisions of this Section shall be <br />effective upon receipt (or refusal of receipt) at the address of the addressee. <br />8. This Agreement shall bind and inure to the benefit of and be binding upon and <br />enforceable by the parties hereto and their respective successors, assigns, and sublessees. <br />9. This Agreement contains the entire agreement between the parties and cannot be <br />changed, modified, waived or canceled except by an agreement in writing executed by the party <br />against whom enforcement of such modification, change, waiver or cancellation is sought. <br />10. This Agreement and the covenants herein contained are intended to run with and <br />bind all lands affected thereby. <br />