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CC RES 92-043 RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE THE LEASE TERMINATION AND MUTUAL RELEASE AGREEMENT AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE LEASE AGREEMENT WITH REGARD TO CITY PROPERTY LOCATED AT 2700 HIGHWAY 88 IN THE CITY OF S
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CC RES 92-043 RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE THE LEASE TERMINATION AND MUTUAL RELEASE AGREEMENT AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE LEASE AGREEMENT WITH REGARD TO CITY PROPERTY LOCATED AT 2700 HIGHWAY 88 IN THE CITY OF S
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RES 1992
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CC RES 92-043 RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE THE LEASE TERMINATION AND MUTUAL RELEASE AGREEMENT AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE LEASE AGREEMENT WITH REGARD TO CITY PROPERTY LOCATED AT 2700 HIGHWAY 88 IN THE CITY OF S
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harmless, from and against any claims for brokerage or other commissions or fees <br /> arising out of any breach of the foregoing representation and warranty by the <br /> respective indemnitors. <br /> 28. SALE BY LESSOR <br /> Lessor's interest under this Lease shall be freely assignable, and the <br /> obligations of Lessor arising or accruing under this Lease after an assignment will be <br /> enforceable only against the assignee. So long as Lessee agrees to attorn to any such <br /> assignee, such assignee shall assume all obligations of Lessor hereunder from and <br /> after the date of any such assignment. <br /> 29. SUBORDINATION. <br /> At the request of any mortgagee or ground lessor, this Lease will be <br /> subject and subordinate to any mortgage or ground lease which may now or <br /> hereafter encumber the Building, and Lessee will execute, acknowledge and deliver <br /> to Lessor any document reasonably requested by Lessor to evidence the <br /> subordination. <br /> 30. ESTOPPEL CERTIFICATES. <br /> • Within ten (10) days after written request from Lessor, Lessee will <br /> execute, acknowledge and deliver to Lessor a truthful and accurate document <br /> furnished by Lessor, which document may be relied upon by Lessor and any <br /> prospective purchaser or mortgagee of the Building, stating (a) that this Lease is <br /> unmodified and is in full force and effect (or if modified, that the Lease is in full <br /> force and effect as modified and stating the modifications), (b) the dates to which <br /> rent and other charges have been paid, (c) the current monthly rent, (d) the dates on <br /> which the term begins and ends, (e) that Lessee has accepted the Leased Premises <br /> and is in possession, (f) that Lessor is not in default under this Lease, or, if Lessor is <br /> in default, specifying any such default, and (g) including such other information as <br /> the prospective purchaser or mortgagee may reasonably require. <br /> 31. RIGHT OF ENTRY. <br /> Lessor shall at all times have the right to enter upon the Leased <br /> Premises to inspect their condition, and at its election to make reasonable and <br /> necessary repairs thereon for the protection and preservation thereof, but nothing <br /> herein shall be construed to require Lessor to make such repairs, and the Lessor <br /> shall not be liable to Lessee, or any other person or persons, for failure or delay in <br /> making said repairs, or for damage or injury to person or property caused in or by <br /> the making of such repairs, or the doing of such work. In connection with any such <br /> entry upon the Leased Premises, Lessor shall take reasonable steps to minimize any <br /> • <br /> -14- <br />
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