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(c) Notwithstanding anything to the contrary contained within this paragraph 6, in the event that a Major Condemnation (as defined in the Lease) shall affect the Mortgaged Property as provided in Part II, Section 14 of the Lease, and Lessee serves Tenant's Termination Notice (as defined in the Lease) and makes a Rejectable Offer (as defined in the Lease) to purchase all of Borrower's right and interest in and to the net award payable to Borrower by the condemning authority for the portion of the Mortgaged Property subject to the Major Condemnation, together with any cause of action against the condemning authority with respect to such Major Condemnation, for a price equal to the Condemnation Termination Payment (as defined in the Lease), Borrower shall, at its option, either (i) accept the Rejectable Offer or (ii) reject the Rejectable Offer, provided that Borrower shall in no event reject the Rejectable Offer unless immediately prior to such rejection becoming effective, Borrower pays the Debt in full (excluding the Prepayment Consideration or other prepayment consideration), in which case Lender shall give its consent to the rejection to Lessee, and the rights of Lender to any such condemnation award and causes of action shall be assigned to Borrower. If the Rejectable Offer is accepted, the Condemnation Termination Payment shall be used by Borrower to prepay the Debt in full (without Prepayment Consideration or other prepayment consideration) in immediately available funds in accordance with the terms of the Note. 7. The Lease. 1004 instruments sufficient for the purpose of assigning any such award or payment to Lender, free and clear of any encumbrances of any kind or nature whatsoever. (a) Borrower, by this Security Instrument and the Assignment, has absolutely and unconditionally assigned to Lender, all of Borrower's right, title and interest in the Lease, the Other Leases and the Rcnts (other than Excepted Rights and Excepted Payments as specifically set forth in the Assignment), it being intended by Borrower that such assignment constitutes a present, absolute assignment, subject to the terms and conditions of the Assignment. Borrower represents to Lender that, as of the date hereof, (i) the Lease is in full force and effect, (ii) a true and correct copy of the Lease as amended to the date hereof has been delivered to Lender, (iii) Borrower and, to the best of Borrower's knowledge, Lessee, is not in default under any of the terms, covenants or conditions of the Lease, (iv) Borrower has not delivered to, or received from the Lessee any notice of default under the Lease, and (v) all rents due and payable under the Lease, including all Additional Rent (as defined in the Lease), have been paid in full. (b) Borrower agrees with Lender that Borrower (i) shall observe and perform all the obligations imposed upon the Borrower as lessor under the Lease, keep the Lease in full force and effect and shall not do or permit to be done anything to impair the value of the Lease as a security for the Debt; (ii) shall promptly send copies to Lender of all notices of default which Borrower shall send or receive thereunder; (iii) subject to clause (vii) below, shall enforce all of the terms, covenants and conditions contained in the Lease upon the part of the Lessee thereunder to be observed or performed, short of termination thereof; (iv) shall not execute any other assignment of lessor's interest in the Lease (other than as permitted and in accordance with the terms of paragraph 9 hereof); (v) - 15 -