" . � ,. ., ��;�:
<br /> � '� . . . . ..,.�_�.,. ..:��«:`
<br /> �•. . •4 . � �. - .:/ �. J '���1�5� i U'lMVj(y� ��.�_..
<br /> �}���.}� �Y l .A�d�`1+�. 'l'>
<br />. �.�.. . !.b1�t�0{na .. . � a .. . � .. :. .. cv:--_'-�^..�....`�._.,.....!^""•;`lf:"���•.�- —
<br />- �T„��. ' Y*.I�:_�_'l=�.n.... t.S�
<br /> .. . . . • ,.. � . . . .. , •
<br /> _.�� . _.� .. . ..�. r. . .�...... .. . . . . r ., . _tnti-_
<br /> . .-..
<br />'�. , ._.
<br /> � �, . .. , . � _ . .:_�_ _ "_ .._,
<br /> . . . .. .. ' . ' . . '_ '�� _
<br /> � .. . ' . .. ...rm�.
<br /> .. � .. . .. '(3Y,�IIli�.
<br /> ' . .. .. �- .� - _.. ., ' %:ciGH.�
<br /> ' � ' � . - . �� " ��1..:
<br /> . .. .. �� •. , �tatM�._ " .�_.
<br /> .. .. . n . .. ._ . ,r -��.y'
<br /> - �, �- , ,. .. .. .t� 'r
<br /> ,. . . . . �t� -=-��_
<br /> .. . . .. . .. .. . �RC:�-
<br /> �-----••_ . __. _...:. .._ .._ ...-".....__......�.---�"--•_..___._--------,..._.__�._�.�._��.__..'---"—'--�-'----.'.c.�_..._....__.__ ..,MkJ[!]hi:� _.. -.__.
<br /> __._..,._ �+--.�--`v��T#', -
<br /> �4t'_-'"-=i�'=-, ----
<br /> . . '�4= �a�es� ====-
<br /> • .�=��,'ni-s��r
<br /> ai�--
<br /> j oined in any foxgclosure, exercise of a power of sale cr oth�r �;;�;�'y�'���
<br /> pz�ceeding to enPorce the Loan Instrwments unl�ss such �oinder is "���""---
<br /> ..;:.y�-,��;-_-
<br /> required by law to pasfect such forer_losure, exercise of a power =:�,v�;,�,��
<br /> of sale or oth�r proceeding; (b) enfarcemen� of the �,aan �:�--� ==
<br /> Instruments will not terminate the Lease or dis�urb Tenan� in the -`°�`��- J
<br /> �'�-=--
<br /> passession of the Premises; and (c9 tha leas�hold estate granted ����--�:,---
<br /> " b the Lease wil]. not be affected in an manner b are '"`""�"'�-
<br /> Y Y Y Y �����A�:„;=�_=,. _�._
<br /> - foreclosure, exercise of a pAwer ot sale or other proceQding ,R�,,,°��,-���:;
<br /> ° undex the Lcan Instrwnents. �=�n_--- __
<br /> a`"= —
<br /> 2. Attornment. If the intereet of Ssrrawer urader the "`�`4���` •--
<br /> � Lease is transferred by reason of any for�closure nr vther -��"'�''--
<br /> proceedings for enforeement of the Loan Instruments or vy �� -�='x"-�-°.—
<br /> , tiransfer in lieu thereof, and if Tenant is not in default under
<br /> � the Lease ar this Ag�Qement, I.ender will be bound to Tenan� and ��"�°r�-=---
<br /> Tenant will be bound to Lender under all of the provisions of the �Y=����
<br /> r;s�---
<br /> Laase for the balance of the ter.a thereof with the same gorce and
<br /> � • effect as if Lender were �he oriqinal landlord under the L�ase. 'y�:�,-
<br /> . „ If the interest of Borrower under the Lease is transferred by �
<br /> reason of any �Eoreclosure or other proceedings for enforcemenrt of ;�,,�.
<br /> the Loan Instruments or by transfpr in lieu thereof, LQnder will -s
<br /> — - -
<br /> ---___-_-_::: _ _.�• �_,.n�-
<br /> not: (i) be bound by any prepayment by Ten�nt of more than one "�� -�
<br /> month's installment o f rent �� . ���,
<br /> . --de�c.ri�-not actually delivered to Lender; or (ii.) bQ bound by any `��, ��;��, :
<br /> modafication of the Lease, unless such modification has baen + , ��;.
<br /> approved in writing by Leadar. Tonant herehy agrees to a�torn to ��`' ., ' �
<br /> Lender, as the landlord under the Lease, wi.th such attornment to `�� ` �
<br /> be ef€Q�tive and self-operative at the time Lender succeeds to '-�- , -
<br /> • , the in�erest of the landlozd under the Laase without the �`.;� � '
<br /> execution of any further instrument. :�*�;+
<br /> ��
<br /> 3. Estoppel. Tenant certifies that (a) the Lease is in '�,r;��
<br /> full force and �ffect as bPtween Ter�ant and Borrower and enforce- l_"�
<br /> .���
<br /> .. able in accordance with its terms; (b) no rent under the Lease � �� �#`
<br /> has been paid more than thirCy (30) days in advance of its due , ; . •
<br /> � datie; (c) Tenant, as of the date hereoF, has no charge, lien or , ��
<br /> � riqht or c�aim of offset os counterclaim under the Lease , or � �T;4�..,
<br /> otherwise, against the rents or other amounts due or to become � �+,
<br /> ., due thereunder; (d) all obligations of Borrower relating to ; .�r'�
<br /> , construction of the Premises or any improvement thQreof have been <'`"�',;a
<br /> fully performed; (e) there are no unsatisfied conditions to ��`� : :�;'
<br /> _ Tenant's obligati.ons under the Lease; (f) Tenant has uncondi- , �' �
<br /> tionally accepted possession af and entered into occupancy o� the �� '
<br /> . Premises; and (g) th�:re has been no sublease by Tenant of the $'
<br /> „ Premises or o�her assignment of any portion of Tenan�'s riqhts or '.
<br /> interests under the Lease to any party. '
<br /> , 4. Subordination. Subject to the terms and prQVisions ' ..,
<br /> - hereinafter set forth, Tenant hereby agrees that all 'renant's .
<br /> right, title and intere3t in and under the Lease are and shall at
<br /> I all times continue to be subject and subordinate t� the riqhts oE .,'I
<br /> Lender under the Loan Instruments, in the same manner and to the
<br /> � same extent as if the Lease were executed subsequent to the , s�
<br /> _ = , --__-,-_...� _,.__.
<br /> -2- �
<br /> , I
<br /> . . .. �
<br /> , ,.
<br /> . ',
<br /> � � � , ;
<br /> . �
<br /> � �
<br /> ,
<br />
|