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<br />200901438 <br /> <br />Statement and Fixture Filing (the "Mortgage") encumbering the Property and assIgmng <br />Landlord's interest in certain leases, including the Lease, to Lender (the "Loan"). <br /> <br />C. A condition of making the Loan by Lender to Landlord is that the Lease <br />be subordinated to the Mortgage and that the Tenant agree to attorn to Lender. <br /> <br />D. Tenant has agreed that Tenant will subordinate the Lease to the Mortgage <br />and attorn to Lender, provided Tenant is assured of continued and undisturbed occupancy of the <br />Leased Premises under the terms of the Lease, so long as Tenant is not in default under the <br />Lease. <br /> <br />NOW, THEREFORE, in consideration of the foregoing and the mutual agreements set <br />forth below, the parties agree as follows: <br /> <br />1. The Lease and any extensions, renewals, replacements or modifications <br />thereof, and all the right, title and interest of Tenant in and to the Leased Premises, are and shall <br />be subject and subordinate to the Mortgage and all other loan documents evidencing and <br />securing the Loan (the Mortgage and such other loan documents as the same may hereafter be <br />amended, modified, restated or consolidated being hereinafter collectively referred to as the <br />"Loan Documents"), to all of the terms and conditions contained therein, and to any renewals, <br />modifications, replacements, consolidations and extensions thereof. <br /> <br />2. Lender agrees with Tenant that, in the event the interest of Landlord in the <br />Property and the Lease shall be acquired by Lender (the term "Lender" as used in this Paragraph <br />2 and Paragraphs 3 and 4 following shall include any purchaser at a foreclosure sale of the <br />Mortgage) by reason of foreclosure of the Mortgage or other proceeding brought to enforce the <br />rights of the holder thereof, by deed in lieu of foreclosure or by any other method, or in the event <br />of any other action pursuant to the Loan Documents, then in any such event: <br /> <br />(a) Tenant shall not be joined as a party defendant III any such <br />foreclosure proceeding which may be instituted by Lender; and <br /> <br />(b) The Lease shall not be terminated or affected by any such action <br />and Lender will recognize Tenant's rights under the Lease, and Tenant shall <br />peaceably hold and enjoy the Leased Premises for the remainder of the unexpired <br />term of the Lease upon the same provisions that are set forth in the Lease, except <br />as set forth in Paragraph 3 below, and without any hindrance or interruption by <br />Lender so long as Tenant shall not be in default in the performance of its <br />obligations under the Lease. <br /> <br />3. In consideration of the foregoing covenants by Lender, Tenant agrees with <br />Lender that in the event the interest of Landlord in the Property and the Lease shall be acquired <br />by Lender by reason of foreclosure of the Mortgage or other proceeding brought to enforce the <br />rights of the holder thereof, by deed in lieu of foreclosure or any other method, Tenant shall <br />attorn to and recognize Lender as its landlord for the remainder of the unexpired term of the <br />Lease. Upon any such attornment, the Lease shall continue in full force and effect as a direct <br /> <br />64504.000043 EMF_US 26509956vl <br />