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be deemed to exist and this Lease shall not be terminated by Landlord so long as the <br /> Beneficiary shall, in good faith, have commenced to rectify any claimed default or to <br /> exercise its rights to acquire the leasehold interest of Tenant or commence foreclosure <br /> or other appropriate proceedings, and to prosecute the same to completion with <br /> diligence and continuity; provided, however, that the Beneficiary shall not be <br /> required to continue such foreclosure proceedings if such default is cured. <br /> 8.1.5. From and after receiving the Beneficiary's Notice, neither <br /> Landlord nor Tenant shall cancel, terminate, surrender, modify or amend this Lease <br /> in any respect without the prior written consent of the Beneficiary. No Beneficiary <br /> shall become liable under the provisions of this Lease, unless and until such time as it <br /> becomes, and then only for so long as it remains, the owner of the leasehold estate, <br /> and such liability shall be limited to the monthly rent due hereunder as it accrues, <br /> and the insurances required to be carried hereunder and to its interest in the • <br /> Premises. <br /> 8.1.6. Foreclosure of a Leasehold Deed of Trust, or any sale thereunder, <br /> whether by judicial proceedings or by virtue of any power contained in the Leasehold <br /> Deed of Trust, or any conveyance of the leasehold estate created hereby from Tenant <br /> to Beneficiary through, or in lieu of, foreclosure or other appropriate proceedings in <br /> the nature thereof, shall not require the consent of Landlord nor shall it constitute a <br /> breach of any provision of or a default under this Lease, and upon such foreclosure, <br /> sale or conveyance Landlord shall recognize Beneficiary, or any other foreclosure sale <br /> purchaser, as Tenant hereunder. • <br /> 8.1.7. If a Beneficiary shall acquire Tenant's interest in this Lease as a <br /> result of a sale under said Leasehold Deed of Trust pursuant to a power of sale <br /> contained therein, pursuant to a judgment of foreclosure, through any transfer in lieu <br /> of foreclosure, or through settlement of or arising out of any pending or contemplated <br /> foreclosure action, or in the event Beneficiary becomes Tenant under this Lease or <br /> any new lease obtained pursuant to Section 8.1.8 below, such Beneficiary's right <br /> thereafter to assign or transfer this Lease or such new lease shall be subject to the <br /> requirements that the assignment or transfer must be to either an automobile <br /> dealership with a franchise at the Marina Automall, or a business with retail <br /> operations located on or near Marina Boulevard in the City of San Leandro. In the <br /> event Beneficiary subsequently assigns or transfers its interest under this Lease after <br /> acquiring the same by foreclosure or deed in lieu of foreclosure or subsequently <br /> assigns or transfer its interest under any new lease obtained pursuant to Section 8.1.8 <br /> and in connection with any such assignment or transfer Beneficiary takes back a deed <br /> • <br /> Automall Read Board Sign - Ground Lease <br /> Final 5/07/97 Page 12 of 22 <br />