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201602376
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Last modified
7/23/2017 10:49:12 AM
Creation date
4/21/2016 9:13:06 AM
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DEEDS
Inst Number
201602376
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2� 1 ��237� <br /> Mortgage, or any ot�.er means, 'Tenant sha11 peaceably and quietly have, <br /> hold and enj oy t�ie Demis�d Pren�ises and the ri��it� af Tenant appurtenant <br /> thereto f�r the term of the Lease a� t�ie same may be e�t�nded, �ubject ta <br /> the terms, c�venants, cond�t�.ons, prav�sions and agreements t�iere�f. <br /> 3. ATT�RNNlENT. In the event Lender c�rnes int�poss�ss�on af or <br /> acquires title to a11 or ar�y portian of the Property as a result of foreclosure or <br /> �ther er�forcement af the lVlortgage, or as a result of any�t�.er rneans, Len.der <br /> agrees to recognxze Tenant"s possessian of t�e I]emised Premises ar�d Ter�ant <br /> agrees to attorn t� and accept I..lender as �ar�dlord under the Lease for the balan�e <br /> then rema�ning of the term of the Lease, subj ect t� a1� flf the terms and cond�ti�ns <br /> af the Lease. <br /> Upon any attornment under t�.� Paragraph 3, the Leas� sha1� cflr�tir�ue in <br /> full force and effect as a direct leas�betwe�n Tenant a.r�d Lender and Lender wi�l <br /> assurn.e ax�d perform all af�,a.r�dlord's obligations under the Lease e�.cept that <br /> Lender shall not b�: <br /> (i) �iahi�for a�y damages for any breach, act�r�rniss�on of <br /> any pri�r�andlord under t�e�.,ease except f�r acts or o�missi�ns of a <br /> ��ntinuing nature which cflntinue after such time as I�ender�omes into <br /> possession of or acqu�r�s title to aZ.� �r any portion of the Praperty; or <br /> �ii� subject to ar�y offsets, claims or defenses ,whic�.Tenant <br /> mi�ht have agalr�st a.�y prior Iand�ord�nc�udinb Landlord exc�pt to the <br /> �xterzt such right of offset or defense is sp�cifically set f�r�h in the Lease, <br /> or unless Lender,was prev�ously natified af the act or event bivixzb r�se to <br /> such�ffs�t or def�nse; or <br /> �iii} bound by axl�rent or add�tional r�nt ar other payment in <br /> Iieu of rent which Ter�a�t might have paid to an�prior landlord more than <br /> 30 days in advan�e of its due date under th�Lease, unless such <br /> prepaymer�t is requ�red pursuant to the terms �f the Lease; or <br /> �iv� bound hy ar�y amendment flr rnodification to the Leas� <br /> w�ich has the�ffect of decreas�ng the rent payable under the Lease, or <br /> decreasing the term of the Lease mad�without Lender's written consent <br /> whi�h consent��ia�� not be unreasonab�y w�thheld, cond�tianed�r delayed; <br /> or <br /> (v} be l�abie for any security depos�t unless actually received <br /> by Ler�der. <br /> 4. R��T'�S. Landlord hereby advises T�nant that the Lease Assib�.ment <br /> prov�des f�r the direct payment to Lender�f a.II rents and other mflr�ies due and tfl <br /> become due to Land�ord under the Lease upon the ac�urrence of certain <br /> cor���t�or�s as s�t forth�n the Lease Ass�anment without Lend�r's taking <br /> p�ssess�on of the Dernised Premises or otherwise assuminb Landlord's p�sition or <br /> a����I.��lc�ord's ob�igati�ns unc�er the Leas�. After�wrztten not�c�is giv�n to <br /> Tenant by Lender�n form reasonably accepta�le to Tenant, that La.ndl�rd has <br /> d�faulted ur�der th�Martgage and t�iat the r�ntals under the Lease should be paid <br /> to Lender, Tenant sha�i pay to Lender, or in accardar�.ce with the directio�. af <br /> Lender aII rentais and other mor��es due and tfl�ecome due tfl the I.�andlord under <br /> 2 <br />
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