LENDER NOTICE AND CURE RIGHTS. Tenant agrees to give Lender a copy of any notice of default served by Tenant upon Borrower. Such notice shall be served in the manner described in Section 16 below at the same time that notice is given to Borrower. Tenant further agrees that if Borrower falls to cure such default within the time provided for in the Lease, then Lender shall have an additional thirty (30) days, commencing after the expiration of Borrower's cure period, within which to cure such default after receipt of written notice thereof from Tenant, or if such default cannot be cured within that time, then such additional time as may be necessary to cure the default shall be granted if, within thirty (30) days, Lender has commenced and is diligently pursuing the remedies necessary to cure such default, including without limitation, commencement of foreclosure proceedings (if necessary to effect such cure), in which event the Lease shall not be terminated while such remedies are being diligently pursued by Lender.
LENDER NOTICE AND CURE RIGHTS. Notwithstanding any other provision of this Lease, any third-party, institutional lender to Landlord which is the beneficiary of a deed of Fund or mortgage encumbering the Property (“Lender”) shall have the following rights to notice of and cure for any breach or default of Landlord, provided that the mortgage or deed of Fund is recorded in the official records of the county in which the Property are located:
