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<br /> , NON-DISTURi3ANC�AGREEME�IT_ �8���1���5,� �-
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<br /> A(3REEMENT, made this ��� � ���y between TEl�C1HBRS �=::=..
<br /> INSURANCE AND ANPVZJ[TY ASSOCIA'fION OF ERICA. with offces at 730 Third Avcnue, ���
<br /> New York, I�Ye�v York 1QD17 (hereir�fter r,alled "Teachers") and aBNERAL 1VdlY.LS "s=_
<br /> „ RES'�AURANTS,INC..a Florida Corpo�ation whosc addcess is 1751 Dic+ectors Row.Orlando,Worida �-
<br /> 32$59 (hereinafter called "I.essee"), and CONESTOGA JOINT VENTLTRL�, an Obio general —
<br /> partnership havring its priacapal offcce at 25425 Center. Ridge Road, Cleveland, Ohio 44145. --
<br /> (hereinafter called"L.essor").
<br /> � �� WITNESSF,TH
<br /> • WHEREAS, Lessee has entered into a certain indentnue of lease dated Apa�il 15. 1994 —
<br /> „ with Lessor far certain premises to be lmown as Red L.obster Restaurnnt and located within Q�e _._
<br /> Conestoga Mall�hopping Center involving real estate more particularly described on ExhibiR A attachecl
<br /> � hereto(the "Premises");
<br /> � WHEREAS, Teachers is the owner and holder of a certain IJote dated December 19,
<br /> 198�1, secure�l by a Mortgage of even date. both made and dslivered by Lessor to Teachers, which
<br /> ' _ �,��fORQf�P:y�f��r�E..�I�insm?t!L N^.�-�.a?4 in�?iri Pnhlir Rpr.�rcla nf Hall Cnanty_AIehraska:
<br /> � ----• ,-� ..b..8.. , _ .
<br /> and
<br /> WHEREAS, Lessee Yias requested Teachers to confirm thzat,aotwithstanding any terms __
<br /> ,. in said Lease to the contrary, provided Lessee is not in default under said Lease. in the event of any
<br /> Poreclosure of said Mortgage. Teachecs will not disturb the Lessee under said Lease. �
<br /> �..
<br /> ., NOW,THEREFORE,in consideration of the premises and the mutual covenants and ��- �
<br /> agreements hereinafter set forth, it is mutually agreed as follows:
<br /> �� 1. Teachers agrees that so long as Lessee continues to pay the rent as reserved in
<br /> `• the Lease and ait�ervvise complies with the terms, covenants and provisions thereof:
<br /> (A) The right of possession of Lessee in and to the said Premises and Lessee's •
<br /> rights and privileges under the Lease or any renewal thereof shall not be affected or
<br /> disturbed by Teachers in the exercise of any of its rights under said Mortaage or the
<br /> said Note secured thereby.
<br /> (B) In the event Teachers comes into possession or ownership of the said Premises �
<br /> , by foreclosure of said Mortgage or in the event the said Premises are sold or otherwise �
<br /> disposed of pursuant to any ri�ht or any power contained in said Mortgage or as a resul2 I
<br /> „ of proceedings thereon, said Lease shall continue in effect and shall not be terminated
<br /> ; by any of said proceedings and Teachers or any purchaser of said Premises at such sale � �
<br /> � or any person acquiring title ihrough or by virtue of said sale shal!take subject to any� i
<br /> i�ease and assume and agree to perform all of the obligations of the Lessor ihereunder i
<br /> . � . -�o� a v�d R�hn � dG�t c� S,�c.� a�y_u�s,�-i��,r� , �
<br /> .. FOR�iSlanestoga.NDA(5-12�93) - ( - v
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