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reconstruction or restoration and hold the balance, if any, in <br />accordance with the terms of the Mortgage Loans. In the event of <br />such taking and subsequent determination to proceed with <br />reconstruction or restoration, the rights and obligations of the <br />parties to this Lease shall continue in full force and effect, <br />subject to the requirements of the Mortgagees. <br />(c) If the entire Project, or substantially all of the <br />Project, shall be taken or there is a decision not to carry out <br />its reconstruction or restoration pursuant to (b) above, then the <br />Mortgagees shall apply the net condemnation award in accordance <br />with the terms of the Mortgage Loan Documents, and this Lease <br />shall terminate, and shall become void from the time possession <br />therof is required for public use, and from that date the parties <br />hereto shall be released from further obligation hereunder. <br />(d) In the event proceedings shall be instituted (1) for <br />the exercise of the power of eminent domain, or (2) as a result <br />of any damage to or destruction of the Project, the Lessee, <br />Lessor and the Mortgagees shall be made parties thereto, and if <br />not made parties thereto by the petitioning party, shall be <br />brought into the proceedings so that adjudication may be made <br />with respect to the damages, if any, paid to the Lessee, Lessor <br />or the Mortgagees. The Lessor, the Lessee and the Mortgagees <br />shall cooperate and consult with each other in all matters <br />pertaining to the settlement, compromise, arbitration or <br />adjustment of any and all (1) legal proceedings affecting the <br />Lessee, the Lessor and the Project, or (2) claims and demands for <br />damages on account of damage to or destruction of the Project on <br />account of the taking or condemnation of the Project or the Land. <br />20. Mortgaae of Leasehold and Fee. (a) Lessee shall have <br />the right to encumber the leasehold estate created by this Lease <br />by a deed of trust or other security instrument, including an <br />assignment of the rents, issues and profits from the Land and the <br />Improvements (the "Leasehold Mortgage ") to secure repayment of <br />C:GDLEASE.EHI -27- <br />