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<br /> <br />9 <br />Site: MINC CRAIG’S LIST <br />BUN: 830671 <br />4846-5132-9375.5101460\003078 <br />Little Canada Economic Development Authority <br />Attn: City Administrator <br />Development Authority <br />515 Little Canada Road E <br />Little Canada, MN 55117 <br /> <br />If to Grantee: <br /> <br />Global Signal Acquisitions IV LLC <br />General Counsel <br />Attn: Legal – Real Estate Dept. <br />2000 Corporate Drive <br />Canonsburg, PA 15317 <br /> <br />26. Assignment. The parties hereto expressly intend that the easements granted herein <br />shall be easements in gross, and as such, are transferable, assignable, inheritable, divisible and <br />apportionable. Grantee has the right, within its sole discretion, to sell, assign, lease, convey, <br />license or encumber any of its interest in the Easement Area without consent. In addition, <br />Grantee has the right, within its sole discretion, to grant sub-easements over any portion of the <br />Easement Area without consent. In connection with the foregoing, Grantor irrevocably <br />constitutes and appoints Grantee as its true and lawful attorney-in-fact, with full power of <br />substitution and resubstitution to negotiate and consummate subleases, licenses, sublicense or any <br />other agreements for the use or occupancy of the Easement Area. Grantor ratifies and <br />acknowledges the right of Grantee to enter into such agreements and Grantor will be bound by <br />such agreements throughout and after any termination of this Easement and acknowledges that all <br />such agreements entered into by Grantee shall survive any termination of this Easement. Any <br />such sale, assignment, lease, license, conveyance, sub-easement or encumbrance shall be binding <br />upon the successors, assigns, heirs and legal representatives of the respective parties hereto. An <br />assignment of this Easement shall be effective upon Grantee sending written notice thereof to <br />Grantor at Grantor’s mailing address stated above and shall relieve Grantee from any further <br />liability or obligation accruing hereunder on or after the date of the assignment. <br />27. Partial Invalidity. If any term of this Easement is found to be void or invalid, then <br />such invalidity shall not affect the remaining terms of this Easement, which shall continue in full <br />force and effect. <br />28. Mortgages. This Easement shall be subordinate to any mortgage given by Grantor <br />which currently encumbers Grantor’s Property including the Easement Area, provided that any <br />mortgagee holding such a mortgage shall recognize the validity of this Easement in the event of <br />foreclosure of Grantor’s interest and Grantee’s rights under this Easement. In the event that the <br />Easement Area is or shall be encumbered by such a mortgage, Grantor shall obtain and furnish to <br />Grantee a non-disturbance agreement for each such mortgage, in recordable form. <br />29. Successors and Assigns. The terms of this Easement shall constitute a covenant <br />running with Grantor’s Property for the benefit of Grantee and its successors and assigns and shall <br />extend to and bind the heirs, personal representatives, successors and assigns of the parties hereto