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ARTICLE 18. GENERAL. <br /> This lease does not create the relationship of principal and agent or of partnership or of <br /> joint venture or of any association between Landlord and Tenant, the sole relationship <br /> between Landlord and Tenant being that of landlord and tenant. No waiver of any <br /> default of either party hereunder shall be implied from any omission by the other parry <br /> to take any action on account of such default if such default persists or is repeated, and <br /> no express waiver shall affect any default other than the default specified in the express <br /> waiver and that only for the time and to the extent therein stated. Each term and each <br /> provision of this Lease performable by Tenant shall be construed to be both a covenant <br /> and a condition. All preliminary negotiations are merged into and incorporated in this <br /> Lease. This Lease can only be modified or amended by an Agreement in writing, <br /> signed by the parties hereto. All provisions hereof shall be binding upon the heirs, <br /> successors and assigns of each party hereto. Any notice required to be served in writing <br /> hereunder shall be mailed to the parties at the addresses set out after their respective <br /> signatures. Any and all indebtedness owing by either party to the other pursuant to the <br /> terms of this Lease which remains unpaid for a period of thirty (30) days after it first <br /> becomes due and payable shall bear interest from and after the lapse of such thirty (30) <br /> day 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 19. TERMINATION. <br /> Either party shall have the right to terminate this lease at any time upon ninety (90) days <br /> prior written notice to the other. <br /> IN WITNESS WHEREOF, the parties hereto have executed this Lease the day and year first <br /> above written. <br /> ST. ANTHONY/NEW BRIGHTON CITY OF ST. ANTHONY <br /> SCHOOL DISTRICT NO. 282 <br /> Its Chair Its Mayor <br /> Its Clerk Its City anager <br /> -9- <br />