Laserfiche WebLink
B <br />1DV J1S8V '1'J <br />When recorded, return to: <br />SNELL & WILMER L.L.P. <br />One Arizona Center <br />400 East Van Buren Street, Suite 1900 <br />Phoenix, Arizona 85004-2202 <br />Attention: Jenna Bouchard, Esq. <br />m <br />n <br />c <br />c_. <br />c) <br />C <br />SUBORDINATION, NON -DISTURBANCE, AND ATTORNMENT AGREEMENT <br />THIS SUBORDINATION, NON -DISTURBANCE, AND ATTORNMENT <br />AGREEMENT (this "Agreement"), is made as of June 30, 2021, by and among TRI CITY FOODS <br />OF NEBRASKA LLC, a Delaware limited liability company ("Tenant"), ALLSTATE BK REAL <br />ESTATE HOLDINGS, LTD., a Texas limited partnership ("Landlord"), and WOODFOREST <br />NATIONAL BANK ("Lender"). <br />PRELIMINARY STATEMENT <br />Landlord and Tenant are parties to that certain Lease Agreement dated June 30, 2021 (the <br />"Lease"), pursuant to which Tenant leases from Landlord certain real property legally described <br />on the attached Exhibit A and the improvements located thereon (the "Premises"). The Premises <br />are or will be encumbered by that certain Deed of Trust, Security Agreement, Assignment of <br />Leases and Rents, Financing Statement, and Fixture Filing, dated of even date herewith, from <br />Landlord for the benefit of Lender (the "Deed of Trust"), securing the Obligations described in <br />that certain Loan Agreement, dated of even date herewith, by and between Landlord, as Borrower, <br />and Lender (as it may be amended, restated, replaced, and/or renewed from time to time, the "Loan <br />Agreement"), and the other Loan Documents. Tenant has agreed to recognize the rights of Lender <br />in accordance with the terms and provisions of this Agreement. Capitalized terms used herein and <br />not defined shall have the meanings given to such terms in the Loan Agreement. <br />AGREEMENT <br />In consideration of the mutual covenants and provisions of this Agreement, the parties <br />agree as follows: <br />1. Subordination. Notwithstanding anything to the contrary contained in the Lease, <br />the Lease and the leasehold estate created thereby are hereby declared to be, and hereafter shall <br />continue at all times to be, junior, subject and subordinate, in each and every respect, to the Deed <br />of Trust, including, without limitation, (a) any and all increases, renewals, modifications, <br />extensions, substitutions, replacements and or consolidations of the Loan Agreement, Deed of <br />Trust or other Loan Documents and (b) any future deed of trust or encumbrance affecting the <br />Premises held by or made for the benefit of Lender and/or its successors and assigns. The <br />foregoing subordination (i) is effective and self -operative without the necessity for execution of <br />any further instruments and (ii) is to have the same force and effect as if such present or future <br />4812-7862-5775 <br />