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<br />200804919 <br /> <br />NOW, THEREFORE, for and in consideration of the mutual covenants and agreements <br />herein contained, the making of the Loan by the Lender to the Landlord and other good and <br />valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties <br />hereto do hereby covenant and agree as follows; <br /> <br />1. Tenant's interest in the Lease, including any option in favor of Tenant to renew <br />the Lease or to purchase the Leased Premises, or any portion thereof, shall be subject and <br />subordinate to the Deed of Trust in all respects. The term "Deed of Trust" shall include the Deed <br />of Trust and any and all amendments, supplements, modifications, renewals, extensions or <br />replacements thereof. <br /> <br />2. Lender agrees that it will not take any action which will disturb Tenant's quiet <br />enjoyment or its possession of the Leased Premises provided the Tenant shall have performed <br />and shall continue to perform all of the covenants and conditions of the Lease to be performed by <br />the Tenant and shall not be in default thereunder, and provided further than an Event of Default <br />(hereinafter called an "Event of Default") as defmed in the Term Loan Agreement dated of even <br />date herewith between Lender and Landlord (as the same may be amended, modified, <br />supplemented or restated from time to time, the "Loan Agreement") shall not have occurred. <br /> <br />3. Notwithstanding any provision herein or in the Lease to the contrary, upon the <br />occurrence of an Event of Default, Lender may, in its sole discretion, elect to cause the Lease to <br />be terminated for any reason whatsoever, whether or not Tenant is in default under the Lease, by <br />giving written notice of its election to Landlord and Tenant, whereupon the Lease shall be <br />deemed to be terminated on the date such notice is given, and Tenant shall immediately <br />surrender the Leased Premises. If Lender does not exercise its right to terminate the Lease, then <br />after the receipt by Tenant of notice from Lender of completion of a foreclosure sale under the <br />Deed of Trust or that Lender has received a conveyance of the Leased Premises in lieu of <br />foreclosure, Tenant will attorn to and recognize Lender, its successors and assigns, or any <br />. purchaser at the foreclosure sale, as its substitute lessor under the Lease, and, having thus <br />attorned, Tenant's possession shall not thereafter be disturbed by Lender during the term of the <br />Lease, as long as Tenant shall continue to pay the rental and otherwise observe and perform the <br />covenants, terms and conditions of the Lease to be observed and performed by Tenant <br />thereunder. Lender and Tenant shall execute and deliver, upon request, appropriate agreements <br />of attornment and recognition, but this Agreement shall be deemed to be self-operative, and no <br />such separate agreements shall be required to effectuate the foregoing attornment and <br />recognition. <br /> <br />4. If Lender does not elect to terminate the Lease as set forth above, Lender may <br />demand all rents and other monies due pursuant to the Lease be paid directly to Lender and, upon <br />receipt of such demand in writing, Tenant will remit all such rent and other payments to Lender, <br />or in accordance with the directions of Lender, until further notice. <br /> <br />5. If Lender does not elect to terminate the Lease as set forth above, and if Lender or <br />any other person, party or entity becomes the owner of the Leased Premises (''New Owner") as a <br />result of a foreclosure sale under the Deed of Trust or a conveyance in lieu of foreclosure, (a) <br />Tenant shall have no claim against New Owner resulting from, and New Owner shall not be <br />liable for, any act, omission and/or breach ofthe Lease by any prior or subsequent landlord under <br /> <br />2 <br /> <br />Doc# 2682297\ 1 <br />