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200315698 <br />a. Remove all property of Borrower therefrom that is hypothecated as <br />collateral for its aforementioned loan. <br />b. Sell the property referred to in paragraph a. on said premises. <br />C. Transfer and assign said lease and Borrower's rights therein to <br />parties satisfactory to Assignee, and upon assignment, the <br />obligations of said lease shall be binding on said transferee. <br />In the event Assignee shall only undertake the options provided in <br />paragraph a. or b., it shall have no obligation other than payment of rent <br />accruing during the period of its possession of the premises. In the event <br />Assignee shall make transfer of said lease as provided in paragraph c., <br />Assignee will cure all defaults in said lease, and its sole other obligation <br />shall be the payment of rent which accrued prior to the transfer of said <br />lease. <br />5. None of the property required to be hypothecated as collateral for the <br />aforesaid loan constitutes fixtures or real property. <br />B. Lessor agrees to, and does hereby, subordinate any lien he may, now or hereafter, <br />have on the property of Borrower, that is now or hereafter security for the <br />aforesaid loan, to Assignee's lien or liens on said property and to Assignee's <br />rights herein. <br />C. Lessor hereby represents and warrants that title to said leased premises is held by <br />him in fee simple and that he has full power and authority to enter into this <br />Agreement. <br />112220.doc 3 <br />