Transcription of Lender Subordination and Attornment Provisions
1 DATE: _____, 20_____, at _____, left blank or unchecked are not is an addendum to a commercial lease _____, 20_____, at _____, California, into by _____, as the Landlord, , as the Tenant, real estate referred to :In addition to the terms of the above agreement , the undersigned agree to the Subordination clause: Any master lessor or holder of a lien on the leased premises may elect tosubordinate its interest in the premises to this lease by service of written notice on Tenant of the election, andthereafter Lease shall have priority regardless of the priorities set by clause.
2 In the event Tenant's estate is exhausted by an elimination of Landlord's estate, Tenant willrecognize the new owner who acquires Landlord's estate as Landlord under this Lease should the new owner,within 30 days of acquisition, notify Tenant in writing of the new owner's election to be substituted as Landlordunder this agree to the terms stated above. See attached Signature Page Addendum. [ft Form 251]Date: _____, 20_____Landlord: _____Signature:_____I agree to the terms stated above.
3 See attached Signature Page Addendum. [ft Form 251]Date: _____, 20_____Tenant: _____Signature:_____FORM 552-8 12-14 2014 first tuesday, BOX 5707, RIVERSIDE, CA 92517 (951) 781-7300 COMMERCIAL LEASE agreement ADDENDUML ender Subordination and Attornment ProvisionsPrepared by: Agent _____ Broker _____Phone _____Email _____
