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<br /> ° �� FA�HIOM1f BUG #2835, ING. �`"
<br /> ,��9�= i(D986�,' "-:-.A
<br /> , � � • SUBORpINATION, NON-OISTURBANGE
<br /> AND :'�:�;
<br /> AT�OE�NMER1'T' Q,Ct3EEME�lY !';-=-��'�
<br /> �t��
<br /> �,�::,-_
<br /> 't'HIS AGREEMEIUT, made as of October 20. 1994, between FASHION BUG e�v�
<br /> , #2836, IN�., with a notice address of Attn: Legal Department, 45A Wiriks Lane, ---
<br /> g�nsalem, PA 19U20 ("Tenant");�BRESLIN GRARID ISLANO ASSOCIATES, with
<br /> 14s prin�ipa�office (ocated at cJo 6resiin Reaity Developmont Corp., 50� �!d Country
<br /> Road, Gerden City, NY 11530 ("Lardlord"1; and NATIONAL BANK OF COMEIAERCE
<br /> . TRU�T AND SAViRIGS ASSACIATION, with its princlpal o#f(ce located at N�C Center, `
<br /> Znd Floor, 1248 °0" Street, P.O. Box 82408, Lincoln, NE 6�501, Attn: Ma�. Mark D. �
<br /> Jepson, A�st. Vic� President, aeal Estate �anking ("Lender"). ---
<br /> BACKGROUND: __.
<br /> Purs uant to a Lease Agreement dated �il 26. 1993, (the "Lease"1, Tenant
<br /> __ _ _ _ _ �eased frorn Landlord certain premises ithe "Premises"1 conteined within a 5hnnnina �-=a-
<br /> , , Center known as Park Island Square, IocatAd in Grand Island, NE (the "Shopping -
<br /> � Center."). Lender has agreed to provide financing to Landtord, which financing will
<br /> be secured by a mortgage or other similar security agreement ("Mortgage") '"
<br /> encurnber(ng Landlord's interest in the Shopping Genter. Lender has requested that �.
<br /> :� YenanY subordinate the Lease and all of Tenant's rfghts under the Lease to the lien F.__
<br /> of the Mortgage. Tenant will agree to such subordination upon the terms and �"'"—
<br /> . � conditions set forth herein. �" ,;�
<br /> ,,�-
<br /> NAV1i,THEREFORE, intending to be legally bound and in consEderation of the .�;::=
<br /> mutual covenants and promises contained in this Agreement, the parties agree as '�-�,;;,
<br /> � � follows: �=K. ,
<br /> ' � y.r'i
<br /> 1. Subardtnation. The lease and any extensfons, renewals, replacements or ��'
<br /> motliflcations of the Lease, and all of the right, title and interest of the Tenant �
<br /> in and to tho Premises are and shall be subject and subordlnate to the li2n of
<br /> the Morteage and to all of the terms and conditions cantained in the Mortgage,
<br /> ' and to any and all renewals, modifications, replacernents, consolfdatfons or � �'�
<br /> extensions of the Mortgage, in accordance with the terrns, covenants and
<br /> � cond it(ons contained horein.
<br /> I
<br /> . 2. Non•Distt�rba_ ncQ. So long as Tenant is not in default under any provision of the �
<br /> i
<br /> Lease beyond any applicable cure period provided for in the Lease, then: �
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