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2015 BK VOL F'G <br /> 102628 OR 1065 50 <br /> FAILURE OR REFUSAL OF THE GRANTEE TO MAKE TIMELY PAYMENTS AS REQUIRED PURSUANT TO THIS PROVISION. <br /> THE GRANTEE AGREES TO AND SHALL INDEMNIFY AND HOLD THE GRANTOR HARMLESS FROM LIABILITY FOR <br /> ANY AND ALL TAXES,TOGETHER WITH ANY INTEREST,PENALTIES,OR OTHER SUMS IMPOSED,AND FROM ANY <br /> SALE OR OTHER PROCEEDING TO ENFORCE PAYMENT THE, <br /> • •• 6.09 ENCUMBRANCE OF INTEREST: THE GRANTEE MAY NOT MORTGAGE,HYPOTHECATE,ENCUMBER,OR GRANT <br /> ANY DEED OF TRUST OR SECURITY INTEREST THAT ENCUMBERS THE PREMISES. FURTHER,THE GRANTEE MAY NOT <br /> i . <br /> •••••• COLLATERALLY ASSIGN ANY RENT OR OTHER INCOME GENERATED FROM THE PREMISES. PRIOR TO EXPIRATION OR <br /> . :, TERMINATION OF THIS AGREEMENT,THE GRANTEE WILL PROVIDE THE GRANTOR WITH DOCUMENTATION SUFFICIENT <br /> • •• TO EVIDENCE THE GRANTOR'S OWNERSHIP OF THE IMPROVEMENTS NOT REQUIRED TO BE REMOVED PER ARTICLE 11. <br /> • <br /> 6.10 PROPER AUTHORITY: EACH PARTY HERETO REPRESENTS,AND WARRANTS THAT THE PERSON EXECUTING <br /> THIS AGREEMENT ON ITS BEHALF HAS FULL POWER AND AUTHORITY TO ENTER INTO THIS AGREEMENT. <br /> 6.11 RELATIONSHIP OF THE PARTIES: NOTHING CONTAINED IN THIS CONTRACT SHALL BE DEEMED OR <br /> CONSTRUED TO CREATE A PARTNERSHIP OR JOINT VENTURE,TO CREATE RELATIONSHIPS OF AN EMPLOYER-EMPLOYEE <br /> OR PRINCIPAL-AGENT,OR TO OTHERWISE CREATE FOR THE GRANTOR ANY LIABILITY WHATSOEVER WITH RESPECT TO <br /> THE INDEBTEDNESS,LIABILITIES,AND OBLIGATIONS OF THE GRANTEE OR ANY OTHER PARTY. <br /> 6.12 GRANTEE'S WAIVER OF CERTAIN RIGHTS AND ASSERTIONS: THE GRANTEE WAIVES AND RELINQUISHES <br /> ALL RIGHTS THAT THE GRANTEE MIGHT HAVE TO CLAIM ANY NATURE OF LIEN,AGAINST THE GRANTOR AND THE <br /> PREMISES, OR WITHHOLD OR DEDUCT FROM OR OFFSET AGAINST ANY CONSIDERATION OR OTHER SUMS PROVIDED <br /> HEREUNDER TO BE PAID TO THE GRANTOR BY THE GRANTEE. THE GRANTEE WAIVES AND RELINQUISHES ANY RIGHT, <br /> EITHER AS A CLAIM OR AS A DEFENSE, THAT THE GRANTOR IS BOUND TO PERFORM OR IS LIABLE FOR THE <br /> NONPERFORMANCE OF ANY IMPLIED COVENANT OR IMPLIED DUTY OF THE GRANTOR NOT EXPRESSLY SET FORTH IN <br /> THIS AGREEMENT. <br /> IN TESTIMONY WHEREOF,.wifness Iny'laiid;a d'fhe;Seal of Office. <br /> GRANTOR: TISi <br /> Signature: �+ i 7 ` ..-Date: <br /> Commissioner,General Land-Offca. <br /> Chair,School Land Board:' <br /> APPROVED: <br /> Contents: <br /> Legal: i <br /> Deputy: <br /> Executive: <br /> CL20140007 7 CustomerID:C000000895 <br /> srodrigu CL Ne%vP 090114 <br />