Laserfiche WebLink
200907946 <br />they may have been amended from time to time shall hereafter be referred to as the "Lease;" <br />and <br />B. The Leased Premises are part of a larger tract of land located in the City of <br />Grand Island, County of Hall, State of Nebraska, legally described in Schedule I attached hereto <br />and incorporated herein by this reference ( "Shopping Center "); and <br />C. Lender has made or has agreed to make a loan to Landlord in the maximum <br />[aggregate] principal amount of $ , which loan shall be secured by that certain <br />Deed of Trust Security Agreement and Fixture Financing Statement dated January 3, 2000 <br />encumbering all or a part of the Shopping Center and recorded on on February 7, 2000 as <br />Document No. 0200001027 in the Hall County Register of Deeds, Hall County, Nebraska <br />( "Mortgage "); and <br />D. The parties desire to subordinate the Lease to the Mortgage and to establish <br />certain rights of quiet and peaceful possession to the Leased Premises for Tenant's benefit <br />together with certain obligations of attornment, all in the manner hereafter provided. <br />The foregoing recitals are incorporated into and made an integral part of this Agreement. <br />AGREEMENT: <br />NOW, THEREFORE, in consideration of the premises and other good and valuable <br />consideration, the receipt and sufficiency of which are hereby acknowledged, it is mutually <br />agreed between the parties as follows: <br />1. Subject to the terms and conditions set forth in this Agreement, the Tenant <br />agrees that the Lease is and shall at all times be subordinate to the Mortgage. <br />2. Lender agrees that, if no default exists under the Lease which at such time would <br />then permit Landlord to terminate the Lease or to exercise any dispossessory remedy provided <br />for therein, (a) unless required by law, Tenant will not be made a party in any action or <br />proceeding to foreclose the Mortgage or to remove or evict Landlord from the Leased Premises <br />or from any part of the Shopping Center; (b) Tenant will not be evicted or removed from the <br />Leased Premises or from any part of the Shopping Center nor will its possession or right to <br />E <br />