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<br /> �o�.�zod i�► any foreclo�ure, ea�crcisc oP � poi��er oE sa�e �x �thPx
<br /> � ' proceeding ta enforce �he Loan Instrumenta unless �uch joinder is
<br /> � � required by law �o porfec� such �oreclosure, exercise oP a power
<br /> � oY sale or other praceeding; (b) er�Parcemen� of �he Loan
<br /> • Inst�rument� will not terminate �lae I.ease or disturb Tenant in the
<br /> posses�ion oF the Premis�s; amd (c) the leasehold estate granted
<br /> ��� . by thn Loa�o will nc+t bQ a�Pected in any m�nner by aray
<br /> �" foreclosure, exercise of a pawer of sale or other proceeding
<br /> � under the �,oan Ingtruments. ��'_�
<br /> 2. Attornment. If the interest of Borrpwer under �he •�
<br /> Lease is transferred by reasori of any foreclosure ar other ��=
<br /> pzoceed�nqs for enforcement of the Loan Ynstruments or by �:��_-
<br /> trans�er in lieu thereoP, ancl if TEnant is not in d�faulti ur►der ���
<br /> tha Leasa or this Aqreement, Lender will be bound to Tenant and ��=�
<br /> Tenan� will be bound to Lender under all of the provisions of the =
<br /> Lease for the balance of the term thereof with the sama force and �'.=-
<br /> effect as if Lender were the oriqina� landlor� unddr the Leas�. �:__,_.
<br /> If the intexest of Borrower under the Lease is transferred by ---�
<br /> raason of any foreclosure ar other proceedings for enforcement ef --
<br /> the Loan Instruments or by transfer in 11eu thereof, Lender will _
<br /> not: (i) be bound by any prepayment by Tenant of mdre than one =
<br /> month's inatallnent of rent or other amount or for any aecuri�y �
<br /> deposit not actually delivexed to Lender; or (ii) be bound by any
<br /> maciiricatian of the �ease, unless sucn modi£i��a�ic�i� i,as L�er� �--
<br /> �� approvec3 in wxiting by Lender. Tenant hereby agrees to attorn Co
<br /> Lender, as the landlord under the Lease, with sucl� attornment to -
<br /> . be affective and sel�-operative at the time Lender succeeds to
<br /> - � � the interast of the landlord under the Lease without the
<br /> „ executlon of any further instrument.
<br /> 3. Estoppel. Tenant certifias that (a) the I�ease is in -
<br /> full force and effect as between Tenant and Borrower and enforce- �
<br /> � able in accc�rdance with its terms; (b) no rent under the Lease
<br /> has been pajd morc� than thirty (30) days in advance of its d�e ��
<br /> • date; (c) Tenant, as of �he date hereof, has no charqe, li.en or `—
<br /> . right or claim of offset or counterclaim under the Leas�, or ��==-
<br /> otherwise, against the Xents or other amounts due or to become `� �
<br /> � due thereunder; (d) all obliga�ions of Borrower rela�inq to ' F_
<br /> construction of the Premises or any improvement thereof have b�en _
<br /> fully perfarmed; (e) there are no unsatisfied conditions t� 'k,
<br /> Tenant�s abligations under the Lease; (f) Tenant tias uncondi-
<br /> ,. � � tionally accepted passession of and entered into occupancy of the
<br /> Premises; and (g) there has been no sublease by Tenant o£ the
<br /> Premises or other assignment of any portion of `renant's rights or
<br /> interests under �he Lease to any party.
<br /> ' 4. Subordination. Subject to the terms and provisions �
<br /> � hereinaft�r set forth, Tenant hereby agrees that al]. Tonant's C
<br /> s right, title and interest in and under the Lease are and shall at
<br /> . all tim�s continue to be subject and subordinate to the rights of
<br /> . Lender under the Loan Tnstrurnents, in the same manner and to the
<br /> same ex�ent as if the Lease were executed subsequent to the !
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