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<br /> • � . � . � � S }1 �.LI� C�I? S1.C�,.� t0 SE: �.l �� tj3f'.�". ��..GCjfrCj fCz:: ITii.5P. S r3 :7'a S�'t �i :.a z �'_' r: l.'?i: .3 " 'i723 � :G �:�. O ? ic'. r =0T' �r? E . . � � .
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<br /> �urchase th4.ec�f ; th � c3flsii'.,3 of which pu :chasn :� eifsg cont � �;�l � :ed zo occur �riar
<br /> ta the #ermin�tion o � this Le� se , then , in suc �� evert , rF, 4SE:•� si�Gl ' h3ve tha apti�+-i ,
<br /> � ', # for a perfc�d c� f sixty, {5C3) da�fs �fter tvritten no.tific � ti�� from I.�: �c,G'� R; to accspt th�
<br /> #� rms and ccanditzasts of :a�:c2: affer . If t'� e i.ESS �E f,� _ls ie� acc�� A� t `s-ie = �i:s t�rm�
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<br /> � . ; arzd conciitaRan � of sa � ri witlii,� said s �;�,� !G �) da � geriod , ::� fac•i the righ } of fir�st re -
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<br /> fusal c�ranted heret�y s }lall i�� of n+� ��;:ther ;c�rc�= an� effnct , and 3..ES�iCJR s {�ali 1��* free
<br /> i �.,� � �t}7%'3`B.3ft8r tL"�.. .� S2Z�:� � SiSC}2 �7'EF?1 ].5.�5 L� 5 'uL' 1'i (� i. I� fO� , G)��:":%aI"VJLSP_ Sl:.��) n�C; Y i0 t:71S �:r.' cS� . .
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<br /> RTot:cviihstanc3ing : 3ny�hing tfl Yhe contrars� i*� th� fc�reg �:n;� i�e � se , i :z ti-zt � v�r_� ns
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<br /> � ` purchas� of L� assd Prernises bv L� S �� E pursuant to this pro�.f3sion , k�zc: o�lfc �ti�ans
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<br /> oi I�ESSE£ t� ereunder shali te�ninate anc shall mergv �vit; ci �al. ive�� crf ihe d�eca t�a
<br /> LE�SEE : TCiis fiig 'rit of First Re£usal g :a :� ied her� by to I.E -SSEE siiall 1:>e enforcnable
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<br /> aguinst I:GSSQR , his successors and assigns , incluc'siny but �eing not lir:� ited to a
<br /> `� trustee in bankrugtc}r , rec � i�rer , fidLci� r}� ar any othe�r cotsrt �ppointe� repr� seniativa .
<br /> 10 . 2 I1 LESS£=. exercises his rig:st o # flrst r� fus � l , th�n LE � SOR shall
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<br /> comply cvith paragraohs ?. , 3 , 4 , 6 , 33 , and 14 of the Real Estat� I'Lrchasp Ccntract at-
<br /> tac�ed hereto , rr�arked Exhibit " A " , and Sr.co�poratec� as ii tt� rei.n rewrittan . 3' he sa�d
<br /> �,aragr�pi�s 2 , 3 , ? . 6 , 13 and I4 0� sa �� Er.hibi� "�,� bec �arn2 a ��rt ai this ��rv� r3ph
<br /> � 10 . 2 and become requirer.�er�ts af thp parti� s as if ]zerein `vr3tter, .
<br /> � ARTIGLE XI - SL� BORDZ�rATIOI�T
<br /> 11 . 3 As a part a£ the cansi�Aratioa of this I� ase an� sc: bject to the
<br /> reservations set fr�rth hereinafter , I.ESSOF agrees to subordinate his internst in this
<br /> I.,ease to the lien oi a fi:st mortgace on th � builc' iizg tn b� c �� rxstn.� ctec� by 1 ,ESS£E in
<br /> � ccordance with ti:e provisions of this Z,�ase for a cast of approxircaateiy SZ35 , 400 . 0 � .
<br /> Th � er.press purpose of such st�bordination s �ali hv to en<s :�5i � s � id rnarigage� tatulxy
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<br /> exercise its rights in accordance cvath t�e terms Uf said ?T; o�tc� aqe , �ra �� id �d ?-z�:�evc-r ,
<br /> �hat under r=_� circ�; mstarices vahatsaevvr sha13 tnls ::ubordination �n construe� s� as
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<br /> to zslio*,i,� said ircortgagee to �aprive Ls::SSOR of his o;n-ners }� iu cf iize un�eriyizc,t fee b}�
<br /> 3ud�.cial aciion or otherwiss , unless pa�;rrnent is made by saici ir:o:tc� agee to sdi� I,ESSCtR
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<br /> . �. . 1YT1L�E'L' tt1E .t2FTT2S 3d3ij Oi 331 c31TiO11R�: Ci@�2iT"•i1 :72G{ . c'i5 SE:� i0i'�}i }lE'- fB .IS'13f�i:f . . � . .
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<br /> 11 . 2 in th2 ev�nt of u �:faslt by� tr.a LL' SSEE t;� t .:e par�or::;:. : .. :. o : �ts �py, ,��� ,�
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<br /> � �. ; abligations pursuant to the pravisions oi saia martgage on th � buildin� , I.L. � 50R A'rF '.
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