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<br /> � ,..-+�Y�'"' ' by Lender u�wn this instrument and the provisions hereof and the subordination effected hereby. `����`�i����°
<br /> � •� �•'"b Lender, in turn, acknowledges that Lessee's execution and delivery of this instrument shall Jr� �-.,-7=��-��_�_
<br /> ' constitute conclusive reliance by Lessee on this instrument and the provisions hereof and the ' •=���"'`��--''
<br /> _ . covenant af non-disturbance effected hereby. `�`� --
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<br /> 3. Tenant�lot To Be Disturbed. So long as Lessee is not in default(beyond any periad <i^: =- -
<br /> � � given Lessee to ctue such default)in the payment of rent or additional rent or in the performance of
<br /> any of the other terrns, covenants or conditions of the Lease on Lessee's part to be performed, �"___:=
<br /> ; q Lessee's possession of tho Property under the Lease and Lessee's rights and privileges under the ���_-'—
<br /> � Lease,or any extensions or renewals thereof that may be effected in accordaace with any renewal – ��
<br /> " � � rights there far in the Lease, shall not be diminishe d or interfered with by Zender,and Lessee's �
<br /> accu�ancy of the Pro�erty shall not be disturbed by Lender for any reason whatsoever durin�the ______
<br /> :`s term of the Lease or any such extensions or renewals thereof. _ - ��
<br /> „ '�
<br /> ' a. Lessee Not To Be Jolned In Foreclosure. So long as Lessee is not in default - ---
<br /> •�. (beyond any period given Lessee to cure such default)in the payment of rent or additional rent or �
<br /> in the performance of any of the terms,covenants or conditions of the Lease on Lessee's part to be ____
<br /> performed,Lender will not join Lessee as a defendant in any action or proceeding foreclosing the ��;�
<br /> Mortgage unless such joinder is ne�essary to fareclose the Mortgage and then only for such ���:_
<br /> ' purpose and not for the purpose of terminating the Lease. -�" —
<br /> +i� S. Lessee To Attore To L;;nder. If the interests of Lessor shall be transfened to and =
<br />___. ._, `'_ owned by Lender by reason of foreclosure or othcr proceedings brought by Lender in lieu of or
<br /> - , pursuant to a foreclosure,or by any other manner, and Lender succeeds to the interest of the
<br /> Lessor under the Lease,then Lessee shall be bound ro Lender under all of the terms,covenants and _ – �
<br /> - conditions of the Lease for the balance of the term thereof remaining and any extensions or -_
<br /> � renewels thereof that may he effecteci in acc�rdance with any option therefor in the Leasc,with the _ __ ____
<br /> , same force and ef�'ect as if Lender were the Lessor under the Lease,and Lessee does hereby attorn �..
<br /> � to Lender as its Lessor, said attornment to be effective upon Lender succeeding to the interests of Y,
<br /> Lessor under the Lease without tho execurion of any fiuther instrument,provided that Lessee shall •�
<br />� �, be under no obligation to pay rent to Lender until Lessee actually receives written notice from �_
<br /> . : ,� Lender that it has succeeded to the interests of Lessor under the Lease. The respective rights and
<br /> obligations of Lessee and Lender upon such attornment,to the extent 9f the then remaining balance
<br /> of the term of'the Lease and any such extensions and renewals,shall be and are the same as then
<br /> � . set forth therein,subject to paragraph 6 below concerning purchase options.
<br /> 6. Purchase Optlons. All options or rights contained in the Lease allowing Lessee tn
<br /> , acquire title to the Properry are hereby made subject and subordinate to che rights of Lender under -
<br /> - � the Mortgage,and any acquisition of title to the Property made by Lessee ducing the term of the
<br /> • �.• Morgage shall be�iade subordinate and subject to the Moi�gage. -
<br /> ��� � �7. [This Section Intendonally Deleted] __ .__
<br /> � 8. Exercise �f Rights Under LoaR Dacuments Not Lease Default. Tenant ------ ---=--
<br /> ., � re resents to Lender that the exercise b Lender of its ri hts and remedies under the Mort a e, ������
<br /> P Y b g g =�,�;
<br /> ; under the Security �nstruments or under the note secured thereby,including without limitation its '�tW:.=
<br /> ��' rights of foreclosure,shall not constitute an event of default under the Lease,provided that such ;�. - '�'"
<br /> exercise does not breach Lessor's covenant of quiet enjoyment nor Lender's covenant of non- --•'•:�.`�� ;r���
<br /> disturbance. � �:;,-� +��;:Y�;�"
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<br /> 9. I,ender Not Bound By Certain Acts of Lessor. If Lender shall succeed to the ��''•�.��
<br /> ; interests of Lessor under the Lease, then Lender shall not be(a)liable for any act or omission of
<br /> ; any prior lessor(including Lessor), (b) subject to any offsets or defenses that Lessee might have � ,
<br /> � against any prior lessor(including Lessor),except for a breach of the covenant of quiet en�oyment, � : �
<br /> :. J Pa�e 2
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