RDA Agmt 2001 Lavery California Dealership Properties No. 1 LLC

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of trust encumbering such leasehold interest to secure a portion of the purchase price given to Beneficiary for such assignment or transfer, then such deed of trust shall be considered a Leasehold Deed of Trust as contemplated under this Section 8.1 and Beneficiary shall be entitled to receive the benefit and enforce the provisions of this Section 8.1 and any other provisions of this Lease intended for the benefit of the holder of a Leasehold Deed of Trust. ,Any purchaser at a foreclosure sale other than Beneficiary, must assume this Lease and it shall have no right in respect to the Premises unless it so assumes and delivers a duplicate original of the assumption agreement (to be executed in form for recording) within ten (10) days after such purchaser acquires title to the Tenant's interest in the Lease. 8.1.8. In the event that this Lease is terminated by Landlord on account of a default, or rejected by Tenant or any trustee of Tenant appointed .pursuant to or in connection with any bankruptcy proceeding (and provided that an unsatisfied Leasehold Deed of Trust then stands of record), or in the event Tenant's interest under this Lease shall be sold, assigned or transferred pursuant to the exercise of any remedy of the Beneficiary, pursuant to judicial or other proceedings, Landlord shall immediately execute and deliver a new lease of the Premises to Beneficiary or its nominee, purchaser,. assignee or transferee, upon written request by such person or entity given within sixty (60) days after such termination, sale, assignment or transfer, for the remainder of the Lease Term with the same agreements, covenants and conditions (except for any requirements which have been fulfilled by Tenant prior to termination) as are contained herein and with priority equal to that hereof; provided, however, that Beneficiary shall promptly cure any default of Tenant susceptible to cure by Beneficiary, with all monetary defaults being subject to cure. Upon execution and delivery of such new lease, Landlord shall cooperate with the new Tenant, at the expense of the said new Tenant, in taking such action as shall be necessary to cancel and discharge this Lease and to remove Tenant named herein from the Premises. In such event the ownership of the readerboard sign and other improvements shall be deemed to have been transferred directly to such transferee of Tenant's interest in this Lease and the provision of Sections 7.1 and 7.3 hereof causing such sign and other improvements to become the property of Landlord in the event of termination of this Lease shall be ineffective as applied to any such termination. Landlord shall, at no expense to Landlord, execute such deed or the instrument of conveyance as may be necessary for fee simple title to the sign and other improvements, but not the Premises, to be insured in such transferee of Tenant's interest. Automall Read Board Sign - Ground Lease Final 5/07/97 Page 13 of 22