THE REAL PROPERTY CONSTITUTING PARCELS 5 AND 6 OF PARCEL MAP
NO. 16960, IN THE CITY OF LONG BEACH, FILED IN BOOK 208, PAGES 92 THROUGH 100 OF
PARCEL MAPS IN THE OFFICE OF THE LOS ANGELES COUNTY RECORDER.
AN INSTRUMENT
ENTITLED "SHORT FORM GROUND LEASE," DATED JANUARY 26, 1989, BETWEEN THE MASTER
LESSOR AND LANDLORD, WHICH INCORPORATED THE MASTER GROUND LEASE, WAS RECORDED ON
JANUARY 31, 1989, AS INSTRUMENT NO. 89-159802, IN THE OFFICIAL RECORDS IN THE
OFFICE OF THE LOS ANGELES COUNTY RECORDER.
ALL REFERENCES HEREIN TO THE MASTER
GROUND LEASE SHALL MEAN AND INCLUDE THE MASTER GROUND LEASE AS FROM TIME TO TIME
AMENDED.
LANDLORD SHALL USE COMMERCIALLY REASONABLE EFFORTS TO PROVIDE
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TENANT WITH A NONDISTURBANCE AGREEMENT FROM MASTER LESSOR IN THE FORM ATTACHED
HERETO AS EXHIBIT "J".
18.2
SUBORDINATION.
IN ADDITION TO BEING SUBORDINATE TO THE MASTER
GROUND LEASE, THIS LEASE SHALL BE SUBJECT AND SUBORDINATE TO ALL PRESENT AND
FUTURE GROUND OR UNDERLYING LEASES OF THE BUILDING OR PROJECT AND TO THE LIEN OF
ANY MORTGAGE, TRUST DEED OR OTHER ENCUMBRANCES NOW OR HEREAFTER IN FORCE AGAINST
THE BUILDING OR PROJECT OR ANY PART THEREOF, IF ANY, AND TO ALL RENEWALS,
EXTENSIONS, MODIFICATIONS, CONSOLIDATIONS AND REPLACEMENTS THEREOF, AND TO ALL
ADVANCES MADE OR HEREAFTER TO BE MADE UPON THE SECURITY OF SUCH MORTGAGES OR
TRUST DEEDS, UNLESS THE HOLDERS OF SUCH MORTGAGES, TRUST DEEDS OR OTHER
ENCUMBRANCES, OR THE LESSORS UNDER SUCH GROUND LEASE OR UNDERLYING LEASES,
REQUIRE IN WRITING THAT THIS LEASE BE SUPERIOR THERETO.
TENANT COVENANTS AND
AGREES IN THE EVENT ANY PROCEEDINGS ARE BROUGHT FOR THE FORECLOSURE OF ANY SUCH
MORTGAGE OR DEED IN LIEU THEREOF (OR IF ANY GROUND LEASE IS TERMINATED), TO
ATTORN, WITHOUT ANY DEDUCTIONS OR SET-OFFS WHATSOEVER, TO THE LIENHOLDER OR
PURCHASER OR ANY SUCCESSORS THERETO UPON ANY SUCH FORECLOSURE SALE OR DEED IN
LIEU THEREOF (OR TO THE GROUND LESSOR), IF SO REQUESTED TO DO SO BY SUCH
PURCHASER OR LIENHOLDER OR GROUND LESSOR, AND TO RECOGNIZE SUCH PURCHASER OR
LIENHOLDER OR GROUND LESSOR AS THE LESSOR UNDER THIS LEASE, PROVIDED SUCH
LIENHOLDER OR PURCHASER OR GROUND LESSOR SHALL AGREE TO ACCEPT THIS LEASE AND
NOT DISTURB TENANT'S OCCUPANCY, SO LONG AS TENANT TIMELY PAYS THE RENT AND
OBSERVES AND PERFORMS THE TERMS, COVENANTS AND CONDITIONS OF THIS LEASE TO BE
OBSERVED AND PERFORMED BY TENANT.
LANDLORD'S INTEREST HEREIN MAY BE ASSIGNED AS
SECURITY AT ANY TIME TO ANY LIENHOLDER.
TENANT SHALL, WITHIN TEN (10) BUSINESS
DAYS OF REQUEST BY LANDLORD, EXECUTE SUCH FURTHER COMMERCIALLY REASONABLE
INSTRUMENTS OR ASSURANCES AS LANDLORD MAY REASONABLY DEEM NECESSARY TO EVIDENCE
OR CONFIRM THE SUBORDINATION OR SUPERIORITY OF THIS LEASE TO ANY SUCH MORTGAGES,
TRUST DEEDS, GROUND LEASES OR UNDERLYING LEASES.
TENANT WAIVES THE PROVISIONS
OF ANY CURRENT OR FUTURE STATUTE, RULE OR LAW WHICH MAY GIVE OR PURPORT TO GIVE
TENANT ANY RIGHT OR ELECTION TO TERMINATE OR OTHERWISE ADVERSELY AFFECT THIS
LEASE AND THE OBLIGATIONS OF THE TENANT HEREUNDER IN THE EVENT OF ANY
FORECLOSURE PROCEEDING OR