OTHER DEFAULTS EXISTING UNDER THIS LEASE IMMEDIATELY BEFORE
ITS ASSIGNMENT OF WHICH THE RECOGNIZED MORTGAGEE HAS BEEN GIVEN NOTICE OF OR, TO
THE EXTENT ANY SUCH DEFAULTS WERE NOT THEN KNOWN BY LANDLORD, IS THEREAFTER
GIVEN NOTICE.
SUCH CURE SHALL BE ACCOMPLISHED WITHIN THE LONGER OF (A) THE
PERIOD OF CURE REMAINING TO THE RECOGNIZED MORTGAGEE PURSUANT TO SECTION 31.2
HEREOF OR (B) THE APPLICABLE PERIODS SET FORTH IN SECTION 14.2 (EVENTS OF
DEFAULT) OF THIS LEASE (WHICH APPLICABLE PERIODS SHALL COMMENCE WITH THE
EXECUTION AND DELIVERY OF THE ASSIGNMENT OF THIS LEASE (OR UPON THE DEEMED
ASSIGNMENT OF THIS LEASE, AS APPLICABLE) FOR EACH SUCH DEFAULT OF WHICH THE
RECOGNIZED MORTGAGEE RECEIVED NOTICE PRIOR TO THE DELIVERY OF THE CONTINUATION
NOTICE OR, IF NOTICE OF ANY SUCH DEFAULT HAD NOT THEN BEEN GIVEN UNTIL AFTER
DELIVERY OF THE CONTINUATION NOTICE, UPON THE DELIVERY OF SUCH NOTICE);
PROVIDED, HOWEVER, WITH RESPECT TO ANY DEFAULT UNDER SECTIONS 14.2(G),
14.2(H) AND 14.2(I) HEREOF EXISTING IMMEDIATELY BEFORE ITS ASSIGNMENT, THE
PERIOD OF CURE SHALL BE SUCH TIME AS IS NECESSARY FOR THE ASSIGNEE TO PROMPTLY
COMMENCE TO CURE SUCH DEFAULT FOLLOWING THE ASSIGNMENT OF THIS LEASE THERETO AND
TO PROSECUTE SUCH CURE TO COMPLETION WITH DILIGENCE AND CONTINUITY, SUBJECT TO
UNAVOIDABLE DELAY.
NOTWITHSTANDING ANYTHING TO THE CONTRARY, IF AFTER THE
RECOGNIZED MORTGAGEE DELIVERS A CONTINUATION NOTICE PURSUANT TO
SECTION 31.6(I)(II) THE RECOGNIZED MORTGAGEE IS GIVEN NOTICE OF A DEFAULT
EXISTING BEFORE THE CONTINUATION NOTICE AND WHICH DEFAULT WAS NOT NOTICED TO THE
RECOGNIZED MORTGAGEE PRIOR TO THE DATE OF SUCH CONTINUATION NOTICE, THEN AT ANY
TIME WITHIN TEN (10) DAYS AFTER SUCH NOTICE IS GIVEN THE ASSIGNEE MAY RELINQUISH
POSSESSION OF THE PROPERTY AND CANCEL THIS LEASE BY NOTICE TO LANDLORD.
THEREUPON, LANDLORD SHALL HAVE THE UNRESTRICTED RIGHT TO
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TERMINATE THIS LEASE, SUBJECT TO SECTION 31.7 HEREOF, WITHOUT OFFERING THE
RECOGNIZED MORTGAGEE A NEW LEASE PURSUANT TO SECTION 31.6(A) AND 31.6(B) HEREOF,
AND THE RECOGNIZED MORTGAGEE SHALL HAVE NO FURTHER RIGHTS TO A NEW LEASE
THEREUNDER.
(V)
ASSIGNMENT OF PROCEEDS.
CONCURRENTLY WITH THE ASSIGNMENT OF THIS LEASE
PURSUANT TO THE PROVISIONS OF THIS SECTION 31.6(I), LANDLORD SHALL ASSIGN TO THE
ASSIGNEE OF THIS LEASE ALL OF ITS RIGHT, TITLE AND INTEREST IN AND TO MONIES
(INCLUDING INSURANCE PROCEEDS AND CONDEMNATION AWARDS), IF ANY, THEN HELD BY, OR
PAYABLE TO, LANDLORD THAT TENANT WOULD HAVE BEEN ENTITLED TO RECEIVE BUT FOR THE
OCCURRENCE OF AN EVENT OF DEFAULT AND THE EXPIRATION OF ANY CURE PERIODS, OTHER
THAN ANY SUCH AMOUNTS THERETOFORE APPLIED UNDER THIS LEASE TO THE DISCHARGE OF
TENANT'S OBLIGATIONS TO LANDLORD HEREUNDER, SUBJECT TO THE RIGHTS, IF ANY, OF
THE PRIOR TENANT THEREIN.
(VI)
NO OBLIGATION TO DELIVER POSSESSION.
NOTHING CONTAINED HEREIN SHALL BE
DEEMED TO OBLIGATE LANDLORD TO REMOVE ANY LIENS, ENCUMBRANCES OR OTHER DEFECTS
IN TITLE TO THE PROPERTY OR TO DELIVER POSSESSION OF THE DEMISED PREMISES TO THE
ASSIGNEE UNDER ANY SUCH ASSIGNMENT, EXCEPT FOR THE DELIVERY OF POSSESSION FREE
AND CLEAR OF THE CLAIMS OF PERSONS