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a .
• the lessce ut~dcr eacl? leaso of ull oLligations~ co~~cunnta nu~l norecmcnta
by such le::sce to be PcrEorn~ed thereunder. If :u~y of sucL le:~~c:~ Provide
!or the ~;i~ ing by the lc>sce of cerlificates n•itlt resi~cet to the sl:~tus of
euch lcaseg, tho ltort:;a:;or sLnil esercise its riglit to requ~,t sucL
certificntes witLin Gvo (5) days of uny dem:~nd thcrefor by tl~o ,llort-
gugeo. .
(o) Tl~o ~[ort~aror sliall furnisli to tLo 11lortn:~~ce~ witl~in tl~irty
(30) cla~•s uCter n rccluc~t L~ tiic \Iurl~:i~ce to do su, a~rrilten siale-
meut co~it:i:•~in~; tltc u:imes of all leti.ce:~ of tlte 1'rciuiscs, U~e Lcrtus
of their rcti~~~~ctire lcu~es, tLo sj~nce occui?ie1 :ina tLo rentals p:i~.~ble
thcrcundcr. _ ~
SECrio~ 1.13. To thc cxlc~it not so provi~lc~ Ly upplicaLlc l:?~v .
ench lcase of ihe Pren~iscs, or of :u~y Ir.irt tl~ercof, sh<<ll pro~•i~lc tlrit, ~
in the c~~e~it of tlie cnfurce~ncul by Uic ~Iurt~aoce of tlic remedies I~ro- f
vided for by ].iw or by tlii~ ~(ort~a~c, thc Icsscc tlicrcu~ider nill, ul~on -
request of ~u~}• Person ~ucceeclin~ to tlie interest of the \[ort~a~or as .
~ u resnlt of si~cl~ enforcement, autowalic;~lly become the lessee oF said ~
; snccessor i~i iutcrest~ ~~itltout ~It1~~aL iu il~c ternis or otlier pro~•isioi~s ,
; , of sucL lcasc, provicled, Lo~ti•e~•cr, tliat said succc~sor in intcrest shall
~ not be bound Uy (i) any pa}•ment of rent or aclclitional rent lor
~ morc tl~an oue montL iu a~h-ancc, esccPt PrcPa~ mcuts in tLe natur~
' of security for tlic perfoi•~ua~icc by sai~l lessce ot its ob~i:;ations u~uler
~ suid lcasc, or (ii) any anicnil~iicnt or uiodilicatiou of tLe lcase mado ~
~ without tLe conscnt of the \I~rt~~gec or sucli ~uccessor in intcrest.
~ Euch lease sl,all al~o pro~•iac il~at, ul~on request b}~ saicl successor in
interest, sucli lrssce sL:lll executc and dclivcr an instruwent or iustru-
~ ments coufiruiin~ such attornmen~
~ ' ~ SECTIO~ 1.1G. Subject to tLe conditions specificd in the nest para-
~ grupL of tliis Section, tlic ~Iort_.i_ce ~~ill, ~i~on re~zi~s± ef *.Le ~rQr~- .
~ gaaor, esecutc nqn-disturLancc and sttornment ~~recnicnts ~vith lessces ~ ~
~ of the Pre~ui~es ~~-LicL sLall proride tLat in tlie e~ ent tlie ~Iort~a~cc or ~
uny pnrchaser at ioreclosure shall succeed to the Jlortaa~or's intcrest . `
~ in tLe Premises, tt~e leases of such lessees ~rill remuiu in full force
.
~ and ei~ect ~nd be bindi~ia iipon the ~fort~;a~ec or sucl~ purcl~aser and _
= anch lessce as thou~l~ eacli ~rere tl~e ori~inal parties thcrcto.
The Dtort~~~ec's obli~ation to esecute snch ugrcements sball bo
~ snbject to co~iciitions as follons: (i) tLe credit of tLe lessce ~nd il~e
w.
terms of thc lezse sLall Le satisf~ctory to _ltortaa;;cc, (ii) tLc ~llort-
gnoee shall Lave Uecn pro~•ided n ith ~ standard form of lcasc to be
4; nsed in connectioii «itl~ tlie leasiu~ of tlie Premises nnd sLall La~e
= approred tlie sau~e, (iii) upon cach requcst for such an a~rcement -
the Dlorta~aCC sLall recci~ e u couuterpart of tlie esccute~l lease in a
r3.
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~ 8fl~ 22~ 32Z
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