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Agmt05 Provident Credit Union
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Agmt05 Provident Credit Union
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Last modified
1/3/2006 10:58:54 AM
Creation date
1/3/2006 10:54:18 AM
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Template:
Agreement
Contractor Name
Provident Credit Union
PROJECT NAME
lease - expires August 31 2010
RMP File Number
304
Date
9/1/2005
MO Ref
05-185
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<br />mixed property of Landlord (or of any of the partners which comprise Landlord, if <br />any, or of its shareholders), wherever situated, shall be subject to levy to satisfy <br /> <br />such judgment. Tenant shall not have the right to terminate this Lease or to <br />withhold, reduce, or offset any amount against any payment of Rent or any other <br /> <br />charges due and payable under this Lease, except to the extent that a specific <br />Lease provision permits such termination or withholding, reduction, or offset of <br /> <br />rent. <br /> <br />7.5 <br /> <br />Survival. <br /> <br />The remedies permitted under this Article 7 and the Parties' <br />indemnities under Section 5.8 and 5.9 shall survive the termination of this Lease. <br /> <br />ARTICLE 8: NONDISTURBANCE <br /> <br />8.1 <br /> <br />Subordination and Foreclosure. <br /> <br />This lease is subject and subordinate to all mortgages and deeds <br />of trust now or hereafter placed upon the Property, and all other encumbrances <br /> <br />and matters of public record applicable to the Property. If any foreclosure <br />proceedings are initiated by any mortgagee or trust deed beneficiary ("Holder'), <br /> <br />or if a deed in lieu is granted (or if any ground lease is terminated), Tenant <br />agrees, upon written request of any such Holder or any purchaser at foreclosure <br /> <br />sale, to attorn and pay Rent to such Party and to execute and deliver any <br />instruments necessary or appropriate to evidence or effectuate such attornment <br /> <br />(provided such Holder or purchaser shall agree to accept this Lease and not <br />disturb Tenant's occupancy and so long as Tenant does not default and fail to <br /> <br />cure within the same permitted hereunder). However, in the event of <br />attornment, no Holder shall be: (i) liable for any act or omission of Landlord, or <br /> <br />subject to any offsets or defenses which Tenant might have against Landlord and <br />which arose prior to such Holder becoming Landlord under such attornment; (ii) <br /> <br />1l;V <br />~ <br />
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