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J� <br />litttt. <br />U. se'l th _ <br />p :orcrriy referred to in t:cragraph a. on said premises. <br />r <br />C. 7rcnntr >i and c r;i :z °aid 'ease ou" i'o : :n;v"t; rights therein to parties sutisfactory to Asshz-.cc, and <br />u;.o:: ossign:nena, t1r >.r obliqutions of .c!d lease shcli be binding on said transferee. <br />!n the ,.vent Asaieriee shall only undertnl-e thy, — 140.1s provided in pccgrcph a. or b., it shall have no <br />ot!:rt thr-t pays tent of rent cccrui - >q during the tmniod of is possession of t!ne prPrtise;. in the <br />hcn!.fet of :id 1E-Ise as provided in p ulagrcph c., Assiuncc wall cute all aielcults <br />'n said lessen and its .oln ether obligctiea s!:c'l i~ L': <br />of said lease. c payment of rent wliidr uccrued prior to tiv. transfer <br />5. lie :re of the p:uperty 1equfred to be hypothecat« d as collateral for the aforesaid loan constitutes fir_t:ses or <br />reel property. <br />B. Lesser corees to, and does hereby, subordinate any lien he racy, now or hereafter, have on the pzrpperty of <br />$o:rower, that is now cr hereafter security for the aforesaid loan, to Assignee's lien or liens ai su:d p:operty <br />end to Assignees rights herein. <br />C. Lessor hereby represents cod wcrra-nis that t :tie to said leased premises is held by him in fee sirn-J, le a�id the t <br />lie has fell power and authority to enter into this Agreement. <br />1]. This Agree -ent shell M bind-ing upon end imse to the benefit of the personal representatives, successors awed <br />ossig :s of the paties hereto. <br />Fitness ota hands and seals this_ 9 -4- y of )HUM)IM;tW March ,pg tq7 <br />c4" +L- <br />l'. .S.aX r s P s o", aT3nd ISia Tn_r, <br />v' President) <br />^+ Grand Is_ -rd ball Ltd. <br />'_= - B�_ ! -"'•:.L.. tea+ <'. i�c /� +'7� j 3Cw¢.rsf ,�-_ "'cr =r <br />i�!rQ (Lessor) <br />c <br />ACKNOWIXDGlIEhT <br />STATE OF NEBRASKA ) <br />) SS <br />COUNTY OF HALL ) <br />Before re, a qualified Notary Public, personally appeared Thomas J <br />President of Sax's Pizza of Grand Island, Inc., a corporation, known to <br />me to be the President and identical person who signed the foregoing <br />instrument, and acknowledged fhe execution thereof to be his voluntary <br />act and deed as such Officer and the Voluntary act and deed of said <br />corporation. Witness ray hand and Notary Seal ore 3/18 1087. <br />Notar3O Public <br />STATE OF NEBRASKA ) <br />\ ` <br />) <br />SS <br />COUNTY OF <br />HALL ) <br />LBefore me, <br />a qualified <br />No 311_40 personally <br />appeared <br />� <br />t <br />p= ;1hr,r,t R_ <br />Ba r <br />,V <br />1j rid Island Mall <br />Ltd., a limited <br />partner shit', <br />known to <br />be <br />they " _ and <br />identical rerson who <br />signed the <br />fort;Jozng <br />in <br />tr, ol" x3an a knowledge <br />the evecution tht e :i <br />to be his <br />voluntary <br />act <br />h i � h of` l �er <br />an,, the ``,, i T %r%, .,_ . <br />}. <br />sir:= <br />f sex :i i l <br />V ti ss m✓ yr;i <br />and ^ *arias , ,;ea.. �: <br />t�tt <br />�• <br />�.,.. <br />� LI, !!! <br />1� L yi LA- <br />N <br />__. _ <br />