Common use of Mortgage Priority Clause in Contracts

Mortgage Priority. This lease shall not be lien against the said ----------------- premises in respect to any mortgages that may hereafter be placed upon said premises. The recording of such mortgage or mortgages shall have preference and precedence an be superior and prior in lien to this lease, irrespective of the date of recording and the Tenant agrees to execute any instruments, without cost, which may be deemed necessary or desirable, to further effect the subordination of this lease to any such mortgage or mortgages. A refusal by the Tenant to execute such instruments shall entitle the Landlord to the option of canceling this lease, and the term hereof is hereby expressly limited accordingly.

Mortgage Priority. This lease Lease shall not be a lien against the said ----------------- premises in respect to any mortgages that may hereafter be placed upon said premises. The recording of such mortgage or mortgages shall have preference and precedence an and be superior and prior in lien to this leaseLease, irrespective of the date of recording and the Tenant agrees to execute any instruments, instrument without cost, cost which may be deemed necessary or desirable, desirable to further effect the subordination of this lease Lease to any such mortgage or mortgages. A refusal by the Tenant to execute such instruments instrument shall entitle the Landlord to the option of canceling this leaseLease, and the term hereof is hereby expressly limited accordingly. The Landlord will use its best efforts in the event the mortgage is placed on the premises other than those that are currently in existence in order to obtain an non-disturbance agreement.

Mortgage Priority. This lease shall not be a lien against the said ----------------- premises Leased Premises in respect to any mortgages that may hereafter be placed upon said premisesLeased Premises. The recording of such mortgage or mortgages shall have preference and precedence an and be superior and and-prior in lien to this lease, irrespective of the date of recording and the Tenant agrees to execute any instruments, without cost, which may be deemed necessary or desirable, to further effect the subordination of this lease to any such mortgage or mortgages. A refusal by the Tenant to execute such instruments shall entitle the Landlord to the option of canceling this lease, and the term hereof is hereby expressly limited accordingly. This cancellation of the term shall not relieve Tenant of its obligation to pay the rent hereunder.

Mortgage Priority. This lease shall not be a lien against the said ----------------- premises Premises in respect to any mortgages that may hereafter be placed upon said premisesthe Premises. The recording of such mortgage or mortgages shall have preference and precedence an and be superior and prior in lien to this lease, irrespective of the date of recording and the Tenant agrees to execute any instruments, without cost, which may be deemed necessary or desirable, to further effect the subordination of this lease to any such mortgage or mortgages. A refusal by the Tenant to execute such instruments shall entitle the Landlord to the option of canceling this lease, and the term hereof is hereby expressly limited accordingly. Landlord shall use its best efforts to obtain a non-disturbance agreement from any present or future mortgagee, in form and content satisfactory to Tenant.