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200403219 <br />same amount per month as it was obligated to pay during the last month of the preceding <br />tenancy. <br />19. Subordination, Attornment and Other Assurances. Lessor reserves the right <br />to place liens and encumbrances on the Premises superior in lien and effect to this Lease. This <br />Lease, and all rights of Lessee hereunder, shall, at the option of Lessor, be subject and <br />subordinate to any liens and encumbrances now or hereafter imposed by Lessor upon the <br />Premises or the building or any part thereof, and Lessee agrees to execute, acknowledge and <br />deliver to Lessor, upon demand, any and all instruments that may be necessary or proper to <br />subordinate this Lease and all rights of Lessee herein to any such lien or encumbrance as may be <br />required by Lessor. This paragraph shall not be construed to require Lessee to subordinate its <br />interest hereunder to any party, including a third party purchaser, unless such party is a bona fide <br />lender with which Lessor is negotiating refinancing of the Premises. <br />In the event any proceedings are brought for the foreclosure of any mortgage on <br />the Premises, Lessee will attorn to the purchaser at the foreclosure sale and recognize such <br />purchaser as the Lessor under this Lease. Lessee shall have the right to remain in possession <br />under the terms of this Lease, notwithstanding any default under any mortgage on the Premises <br />or the foreclosure thereof; so long as Lessee is not in default of this Lease. Lessee shall execute <br />such attornment and nondisturbance agreements as maybe reasonably required by Lessor or any <br />other purchaser or mortgage lender. In the event any foreclosure or other proceedings cause any <br />interruption of Lessee's quiet enjoyment of the Premises or breach of Lessor's obligations <br />hereunder, Lessor (but excluding any purchaser or mortgage lender) shall be liable to Lessee for <br />any and all damages incurred by Lessee as a result thereof. <br />Lessee agrees to execute and deliver such further assurances estoppel certificates <br />and other documents, including a new Lease upon the same terms and conditions contained <br />herein confirming the status of the lease, rent, absence of defenses and such other matters as <br />Lessor or any purchaser or mortgage lender may reasonably request. <br />20. Option To Purchase. Subject to the terms, conditions and provisions set forth <br />herein, Lessor hereby grants to Lessee, its successors and assigns, the exclusive option and right <br />( "Purchase Option ") to purchase the Premises. <br />(a) Duration of Purchase Option The initial option period will commence on <br />the date hereof and will continue during the term of this Lease and any extension(s) <br />thereof (the "Option Period"). <br />(b) Exercise of Purchase Option Lessee may exercise the Purchase Option by <br />giving written notice ( "Option Notice") to Lessor within the Option Period or any <br />extension thereof. Notice from Lessee to Lessor exercising the Purchase Option will <br />create a binding contract for the purchase and sale of the Premises pursuant to the terms <br />and conditions set forth below. <br />(c) Purchase Terms. The following terms shall be the terms and conditions of <br />the purchase of the Premises by Lessee from Lessor. <br />KCO 1 DOCS1669217.3 f) <br />