LESSOR'S MORTGAGEE. 10.1 Identification of Lessor's mortgagee 10.2 Disclosure of mortgagees, nondisturbance 10.3 Mortgagee right to cure defaults 10.4 Attornment
LESSOR'S MORTGAGEE. 10.1 - For purposes of this Article, the term "Lessor's mortgagee" means any party of record holding a mortgage or deed of trust on the Leased premises described in paragraphs 2.1 and 2.2, or any part thereof. The Lessor shall give the Lessee written notice that such party holds such lien or deed of trust, and written evidence of the date the mortgage or deed of trust was executed, together with notice of the address of Lessor's mortgagee. A lien held by a Lessor's mortgagee on the Leased premises, or any portion thereof, is herein referred to as a "Lessor's mortgage".
LESSOR'S MORTGAGEE. 10.1 Identification of Lessor's mortgagee 10.2 Disclosure of mortgagees, nondisturbance 10.3 Mortgagee right to cure defaults 10.4 Attornment ARTICLE XI - CANCELLATION 11.1 Cancellation by Lessee 11.2 Cancellation by Lessee 11.3 Cancellation by Lessee 11.4 Cancellation by Lessor ARTICLE XII NOTICE, APPLICATION, AND APPROVALS 12.1 Notice mailing addresses and delivery 12.2 Application of laws 12.3 Binding application 12.4 State government approvals required 12.5 Supercede and cancellation 12.6 Severability 12.7 Entire agreement and enclosures 12.8 Electronic Funds Transfer State Lease #11784-2016 LEASE between TBD, as Lessor TBD and THE STATE OF MICHIGAN, as Lessee THIS LEASE is entered into by TBD, as Lessor, whose address is TBD, and the State of Michigan by the Department of Technology, Management & Budget for the Department of State, as Lessee. The parties, for the considerations specified in this Lease, agree to the following terms, conditions, and covenants:
LESSOR'S MORTGAGEE. If the Building and/or Leased Premises are at any time subject to a mortgage and/or mortgage and deed of trust, and LESSEE has received written notice from Mortgagee of same, then in any instance in which LESSEE gives notice to LESSOR alleging default by LESSOR hereunder, LESSEE will also simultaneously give a copy of such notice to LESSOR'S Mortgagee and LESSOR'S Mortgagee shall have the right (but not the obligation) to cure or remedy such default during the period that is permitted to LESSOR hereunder, plus an additional period of thirty (30) days, and LESSEE will accept such curative or remedial action (if any) taken by LESSOR'S Mortgagee with the same effect as if such action had been taken by LESSOR. This Lease shall, at LESSOR'S option, which option may be exercised at any time during the Lease Term, be subject and subordinate to any first mortgage or first priority deed of trust now or hereafter covering the Leased Premises. To this end, LESSEE hereby agrees to execute any instrument or instruments which LESSOR may deem necessary or desirable to effect the subordination of this Lease to any and all such mortgages and/or deeds of trust. LESSEE hereby appoints LESSOR and/or LESSOR'S successor(s) in interest as LESSEE'S attorney-in-fact to execute any and all documents necessary to effectuate all the provisions of this Paragraph. Lessor will use its best efforts to cause Lessor's Mortgage to enter into a Non-Disturbance Agreement with Pinnacle wherein the Mortgage agrees not to oust Lessee from possession of the property even in the event of a foreclosure so long as Lessee is current in its lease and so long as Lessee attorns to the Mortgagee or purchaser of the property at a foreclosure sale.
LESSOR'S MORTGAGEE. 10.1 Identification of Lessor's mortgagee 10.2 Disclosure of mortgagees, nondisturbance 10.3 Mortgagee right to cure defaults 10.4 Attornment ARTICLE XI - CANCELLATION 11.1 Cancellation by Lessee 11.2 Cancellation by Lessee 11.3 Cancellation by Lessee 11.4 Cancellation by Lessor ARTICLE XII NOTICE, APPLICATION, AND APPROVALS 12.1 Notice mailing addresses and delivery 12.2 Application of laws 12.3 Binding application 12.4 State government approvals required 12.5 Supercede and cancellation 12.6 Severability 12.7 Entire agreement and enclosures 12.8 Electronic Funds Transfer State Lease #11864-2016 LEASE between TBD, as Lessor and THE STATE OF MICHIGAN, as Lessee THIS LEASE is entered into by TBD, as Lessor, whose address is , and the State of Michigan by the Department of Technology, Management & Budget for the Department of Military and Veterans Affairs, as Lessee. The parties, for the considerations specified in this Lease, agree to the following terms, conditions, and covenants:
LESSOR'S MORTGAGEE. 10.1 Identification of Lessor's mortgagee 10.2 Disclosure of mortgagees, nondisturbance 10.3 Mortgagee right to cure defaults 10.4 Attornment ARTICLE XI - CANCELLATION 11.1 Cancellation by Lessee 11.2 Cancellation by Lessee 11.3 Cancellation by Lessee 11.4 Cancellation by Lessor ARTICLE XII NOTICE, APPLICATION, AND APPROVALS 12.1 Notice mailing addresses and delivery 12.2 Application of laws 12.3 Binding application 12.4 State government approvals required 12.5 Supercede and cancellation 12.6 Severability 12.7 Entire agreement and enclosures 12.8 Electronic Funds Transfer State Lease #11823-2015 LEASE between tbd, as Lessor and
LESSOR'S MORTGAGEE. A. If the Building and/or Leased Premises are at any time subject to a mortgage and/or mortgage and deed of trust, then in any instance in which Lessee gives notice to Lessor alleging default by Lessor hereunder, Lessee will also simultaneously give a copy of such notice to Lessor's Mortgagee (provided Lessor or Lessor's Mortgagee shall have advised Lessee of the name and address of Lessor's Mortgagee) and each Lessor's Mortgagee shall have the right (but not the obligation) to cure or remedy such default during the period that is permitted to Lessor hereunder, and Lessee will accept such curative or remedial action taken by Lessor's Mortgagee with the same effect as if such had been taken by Lessor.
