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City of St. Anthony <br /> • Minnesota Swimming <br /> Lease Agreement <br /> Page 7 <br /> premises from such lien, contest such lien, but if such lien is reduced to final <br /> judgement or process thereon is not stayed, or if stayed and said stay expires, <br /> then and each such event Tenant shall forthwith pay and discharge said <br /> judgement. Landlord shall have the right to post and maintain on the leased <br /> premises, notices of non-responsibility under the laws of Minnesota. <br /> ARTICLE 18. SUBORDINATION. <br /> Tenant agrees that this Lease shall be subordinate to any mortgages or trust <br /> deeds now on or hereafter placed upon said premises and to any and all <br /> advances to be made thereunder, and to the interest thereon, and all renewals, <br /> replacements, and extensions thereof. <br /> ARTICLE 19. GENERAL. <br /> This Lease does not create the relationship of principal and agent or of <br /> partnership or of joint venture or of any association between Landlord and <br /> Tenant, the sole relationship between Landlord and Tenant being that of <br /> • landlord and tenant. No waiver of any default of Tenant hereunder shall be <br /> implied from any omission by Landlord to take any action on account of such <br /> default if such default persists or is repeated, and no express waiver shall affect <br /> any default other than the default specified in the express waiver and that only <br /> for the time and to the extent therein stated. Each term and each provision of <br /> this Lease performable by Tenant shall be construed to be both a covenant and <br /> a condition. All preliminary negotiations are merged into and incorporated in <br /> this Lease. This Lease can only be modified or amended by an Agreement in <br /> writing, signed by the parties hereto. All provisions hereof shall be binding <br /> upon the heirs, successors and assigns of each party hereto. Any notice <br /> required to be served in writing hereunder shall be mailed to the parties at the <br /> addresses set out after their respective signatures. Any and all indebtedness <br /> owing by the Tenant to the Landlord pursuant to the terms of this Lease which <br /> remains unpaid for a period of thirty (30) days after it first becomes due and <br /> payable shall bear interest from and after the lapse of such thirty (30) day <br /> period at the rate of eight percent (8%) per annum. This Lease shall not be <br /> effective until executed by all parties hereto. <br /> ARTICLE 20. TERMINATION. <br /> Landlord shall have the right to terminate this lease at any time upon 90 days <br /> prior written notice to Tenant. <br />