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SUBORDINATION, NON - DISTURBANCE AND ATTORNMENT AGREEMENT <br />THIS SUBORDINATION, NON - DISTURBANCE AND ATTORNMENT <br />AGREEMENT (this "Agreement ") is made and entered into as of this 22nd day of December, <br />2015, by and among SIMMONS FIRST NATIONAL BANK (hereinafter called the <br />"Lender "), PF OMAHA #1, LLC, a New York limited liability ocmpany (hereinafter called the <br />"Tenant ") and KM GRAND ISLAND JOINT VENTURE, LLC, a Missouri limited liability <br />company (hereinafter called the "Landlord "). <br />51810710.1 <br />WITNESSETH: <br />201600516 <br />WHEREAS, Landlord owns certain real property located in Hall County, Nebraska, and <br />more particularly described in Exhibit A attached hereto and made a part hereof (said property <br />being hereinafter called the "Property "); and <br />WHEREAS, Landlord and Tenant made and entered into that certain Lease, dated July <br />13, 2015, with respect to certain premises constituting the Property therein described, known as <br />Park Island Square (said Lease being hereinafter called the "Lease" and said premises being <br />hereinafter called the "Premises "); and <br />WHEREAS, on or about the date hereof, Landlord has entered into and delivered that <br />certain Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing <br />in favor of Lender to be recorded in the Recorder of Deeds Office for the County of Hall, State <br />of Nebraska prior to the recording of this Agreement (said Deed of Trust and Security <br />Agreement being hereinafter called the "Mortgage "), conveying the Property to secure the <br />payment of the indebtedness described in the Mortgage; and <br />WHEREAS, on or about the date hereof, Landlord has entered into and delivered that <br />certain Assignment of Leases and Rents in favor of Lender to be recorded in the Recorder of <br />Deeds Office for the County of Hall, State of Nebraska prior to the recording of this Agreement <br />(said Assignment of Leases and Rents being hereinafter called the "Assignment of Leases "), <br />assigning all of Landlord's right, title and interest as lessor under the Lease to further secure the <br />indebtedness described in the Mortgage; and <br />WHEREAS, the parties hereto desire to enter into this Agreement; <br />NOW, THEREFORE, for and in consideration of the mutual covenants hereinafter set <br />forth and other good and valuable consideration, the receipt and sufficiency of which are hereby <br />acknowledged, Lender, Tenant and Landlord hereby covenant and agree as follows: <br />1. Non - Disturbance. So long as no default exists, nor any event has occurred which has <br />continued to exist for such period of time (after notice, if any, required by the Lease) as would <br />entitle the lessor under the Lease to terminate the Lease or would cause, without any further <br />action on the part of such lessor, the termination of the Lease or would entitle such lessor to <br />dispossess the lessee thereunder, the Lease shall not be terminated, nor shall such lessee's use, <br />possession or enjoyment of the Premises or rights under the Lease be interfered with in any <br />foreclosure or other action or proceeding in the nature of foreclosure instituted under or in <br />