LANDLORD AND MORTGAGEE NOTICE OF DEFAULT

LANDLORD AND MORTGAGEE NOTICE OF DEFAULT. Tenant shall not have the right to exercise any default rights or remedies against Landlord unless and until Tenant shall have given Landlord notice of default and shall have afforded Landlord a reasonable time within which to cure such default. Tenant agrees to give any Mortgagee, by registered mail, a copy of any notice of default served upon the Landlord, provided that prior to such notice, Tenant has been notified in writing of the address of such Mortgagee. Tenant further agrees that if Landlord shall have failed to cure such default within a reasonable time, then Mortgagee shall have an additional thirty (30) days within which to cure such default, or if such default cannot be cured within that time, then such additional time as may be necessary, if within such thirty (30) day period, Mortgagee has commenced and is diligently pursuing the remedies necessary to cure such default (including but not limited to commencement of foreclose-sure proceedings if necessary to effect such cure), in which event this Lease shall not be terminated while such remedies are being so diligently pursued.