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<br />-( <br /> <br />, ~, <br /> <br />200511358 <br /> <br />SUBORDINATION, NON-DISTURBANCE AND <br />ATTORNMENT AGREEMENT <br /> <br />THIS AGREEMENT made as of this ;'-11: day of N'JJ~~(/r ,2005, by <br />and between WELLS FARGO BANK, NATIONAL ASSOCIATION, appearing of record as <br />MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., a Delaware corporation <br />(collectively, the "Lender") and KOHL'S ILLINOIS, INC., a Nevada corporation ("Tenant"). <br /> <br />R E C! I A.b S: <br /> <br />A. Tenant has entered into a certain Lease dated November 30, 2004, as <br />amended, modified and/or supplemented by that certain Guaranty of Lease dated <br />November 30, 2004, Memorandum of Lease dated November 29, 2004, Guaranty of Lease <br />dated February 28, 2005 and letter permitting Landlord's delay in the installation of the <br />landscaping dated July 28,2005 (collectively, the "Lease") for certain premises located in <br />the City of Grand Island, Hall County, Nebraska, and legally described in Exhibit A <br />attached hereto and made a part hereof (the "Premises"). <br /> <br />B. Lender is the mortgagee under a Deed of Trust and Security Agreement (the <br />"Security Instrument"), between 281 & Old Potash LLC, a Nebraska limited liability <br />company ("Landlord") and Lender, dated NoJemh:.r J Lf , 2005 and recorded with the <br />Hall County, Nebraska Recorder in Book'~- ,Page - , encumbering the <br />Premises and a specific Assignment of Leases and Rents d~q,ted.A.1tk~kr 14 ,2005 and <br />recorded with the Hall County, Nebraska Recorder in Bool(X" -- , Page - (the <br />"Assignment") assigning the Lease. Both the $~cU(ity Instrument an~ the Assignm~nt <br />secure a loan or loans from Lender to Landlord~ tbU.{fYlevl"L 4f- c;t"C6 ~-; II ~S7 <br /> <br />C. Each party hereto has requested the other party to enter into this Agreement. <br /> <br />A G R E E MEN I s: <br /> <br />NOW, THEREFORE, in consideration of the above Recitals and the agreements of <br />the parties set forth below, and for One Dollar ($1.00) and other good and valuable <br />consideration, the parties hereto agree as follows: <br /> <br />1. The Lease and each and every term and condition thereof, and any <br />extensions, renewals, replacements or modifications thereof, and all of the right, title and <br />interest of Tenant in and to the Premises are and shall be subject and subordinate to the <br />Security Instrument and to all of the terms and conditions contained therein, all advances <br />made or to be made thereunder, and to any renewals, modifications, supplements, <br />replacements, consolidations, increases and extensions thereof. <br /> <br />1 <br />