Laserfiche WebLink
<br />~.~ <br /> <br />. ~ <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />-9- <br /> <br />correct any default before cancellation, .except that no notice <br /> <br />shall be required for failure to pay any installment of rental <br /> <br />as herein provided. In the event that LESSEE fails to correct <br /> <br />any such default duri~g such sixty (60) day period, LESSOR, its <br />~gents or attorneys, shall have the r~ght to're-enter and remove <br />all persons therefrom without bei~g deemed, guilty of any manner <br />of trespass and without prejudice to any remedies for arrears <br /> <br />of rent or breach of covenant, or LESSOR, its ~gents or attorneys, <br /> <br />may resume possession of the premises and re-let the same for the <br /> <br />remainder of the term for the best rental it may obtain, for <br /> <br />account of LESSEE, which shall make good any deficiencyo In <br />addition to all buildi~gs and permanent improvements placed on <br />said Airport by LESSEE becomi~g the property of the LESSOR, <br />LESSOR shall h~v~ a lien as security for the rent aforesaid upon <br />all the improvements, additions, equipment and other personal <br /> <br />property which LESSEE may place on and in the leased premises. <br />The failure of the LESSOR to insist in anyone or more instances <br /> <br />upon performance of any of the terms or conditions of this lease <br /> <br />shall not be construed as a waiver or relinquishment of the future <br /> <br />performance of any such term or condition. <br /> <br />XVIII. <br /> <br />Upon the termination of this lease, and any extensions <br /> <br />thereof under the options herein expressly provided (which <br />termination is not by reason of failure on the part of the LESSEE <br />to perform any of the terms, ~greements, conditions and covenants <br />imposed by this lease), .it is understood and ~greed between the <br />parties that their r~ghts, as to any permanent improvements <br />erected on the field by LESSEE, shall be as follows: <br />. , <br /> <br />Any permanent improvements erected on the leased premises <br /> <br />.by LESSEE shall be the property of LESSEE. It is further agreed <br />that LESSOR shall have a tirst option.to purchase said improvements <br />from LESSEE. For the purpose of arriving at the value of such <br />improvements for sale ~urposes, LESSEE and LESSOR shall each select <br />