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A, �orrower is the owner af certaln real property located genorally at � <br /> :�...�;,-.:•�,:'. � .. <br /> -� �^•��•' '. � � hig hway 2 8 1 a n d 1 3 t h S treat,Grand Island, NebPaska and iegally doscribed ory Exhibit <br /> ,,,,:� � �., <br /> ��� • "a" ettached horeto and all improverr�ents located thereon (collectively, tho <br /> :�" ;.,' .... . °Property���. <br /> �F•�µY��'�I�t_ .�. .-.1'. <br /> _:=Y., _��. B, Pursuantto the letter dated August 31, 199�,from Lender ta Borrower, <br /> _� �:Y;: -: . the terrns of which were agreed fo i�}� 6orrawer on September 1 J, 1�94, subject ta , <br />��:�° . �"3 t h e a d d i t i o n a! t e r m s a n d c o nditions set forth in the letter from Borrowar to Lender <br /> ; � dated Sep�eonber 19, 1994, (jointly,the"Cammitment Letter"1, Lender has agreed to <br /> � ��":�-�=�� " meke a loan to Borrower to be governed by e building loan agreement, evicienced by <br /> x .. ,.. . � a promissory note, and secured by � construction socurity agreoment and deed af <br /> ' � � trust, a security agreement, lock box agreement, and an assignment of leases end <br /> � ° � rents with respect to the Proparty (those documents, together wi4h all other <br /> � ' documents and agreaments delivered by Dorrower to Lender at the closing of suah <br /> �� � . loan, being referred to jointly horein as the "Loan Instrumonts ). <br /> �� �. <br /> � C. Tenant is the present lessee under a lease wi4h Borrower who is now ihe "a <br /> �� � Landlord of the Property (said lease and ali amendments thereto being roferred to as <br /> �• the "Lease"). Information pertaining to said lease is as foNows: <br /> ����`�tt='�'• ' DATE OF LEASE: 5eptember 29, 1994. E-� <br /> ,..�� �.. . , . f.;�, <br /> • � AREA LEA�ED: 4,900 SaUARE FEET �, _� <br /> , . .� <br /> - ���.• <br />' °" '�� �� ADURESS OF L�ASED `:;t; <br /> -• �� • PREMISES: Park Island Shopping Cente� <br /> �.� . (.,_�.. <br />. :_ U. S. Highway 281 and 13th Street �,;; <br /> � Grand Island, Nebraska 68803 <br />. � _ <br /> � D. The loan terms require that Tenant subordinate the Lease and its in <br /> �' ° interest in the Property in aU respects to tha Loen Instruments and that Tenant attorn I�� <br /> S <br /> to Lender; and <br /> # F. In return, Lender shall not disturb Tenant's possession of the leased � <br /> premises so long as Tenant is not in default under the Lease. � <br /> � <br /> „ �, <br /> 1 . r-- NOW 7HEREFORE, the parties hereby agree as follows: I <br /> # i.. <br /> 1, Subordination. The Lease, and the rights of Tenant in, to and i <br /> � � under the Lease and the Proper'•;, are hc,��y sub�ected and � <br /> }_ <br /> subordinated to the Loan Instrumonts. � <br /> , <br /> . , <br /> - - -- _ _ <br /> � - 2, Tenant Not To Be Disturbed. So long as i onani is noi in da�aii�i ,- - <br /> � (beyond any period given Tenant by terms of the Lease tv cure ; <br /> �,; such default) in the p�yment of ront or additional rent or of any of > <br /> �x �� 4he terrns, covenants or conditions of the Lease on Tenant's part <br /> . �•. to be performed, Ia) Tenant's possession of tl�e Property, and its <br /> rights and privileges under the Lease, including but not limited to <br /> , any extension or renewal rights, shall not be diminished or <br /> interfered with by Lender; and (bl Lender will not join Tenant as <br /> a party defendant in any action or processing foreclosing the Deed <br /> 1� . �� <br />