HomeMy WebLinkAbout2098 - . _ r _ .f._._._._ _ . .
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. during the ters of t2?is Lease, thea ~n th~t eveat:thia Le~se ab~li ~
ebate ~nd be c~ncel.led Ae pf a~id tiae. .
. (8) ASSIt~~DiBNT ~
It ia further coveaanted ~~nd ~greed by ~?nd between the
~ pArties nereto th~t the Lessee a~y Aasign this~.Le~se or sublet s~id
~ preaises to ~npoae for nse ~s aa auto~obile s~les ~gency rrithoat the
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, cansen# of the Leaeors~ but th~t such asaignsent~ or eubietting aball.
: ° nat relieve the Lessee herein fro~ nny obiig~tion or obiigatioaa on ~
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- his par# to be perforaed hereunder= aad the Lessee ahsll reaain. _
. _ li~tBie to tbe Lessors her~undes.
' - ~9) INSPBCrION 4P PR~[ISHS ,
The Lessee further coveb~nts And ~tgreee th~it the L~essors ~
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, ~ ah~ll baYe the privilege ~t all reasoaable timeo of ente~ing upon
~ ~ aAid pre:misee for the purpose of inspecting aaid propertp And deter-.
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~ a~ining ~hether all of the terms And conditiona herein are txing com».~
~ plied with by !he Leasee. : ~ _
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I~I3Q'~JRBS .
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~ The Lessee furth~r covenants ~tad agreeu _to ~nd wi'~h the .
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Leasors th~t ail buildings, i~proveaents~ and ~tdditiona, wh~c~h ~ _
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~ ~j he shall erect o~ place on said prea~ises ebali be And resain the
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' ~ property of the Lessors. . :
Cll) OONrING~NCIBS OONSTIT[TrIN(~ A : ~ _
BRBACH HSIi80P ~ .
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~ If the Lessee ahail become inso~vent or.bAnkrupt! or if
~ proceedipgs for receivership or bankrnptcy 8h~il be ipstituted -
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againat him~ or if he ~bail aake an assign~ent for the benafit of::~ ~ ,
: creditors~ or ia ~nq a~nner seeks, per~its, or avffers tbe fee or ~
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' the leasehoid iaterest bereby creeted to be transferred or eac~a- .
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` 'bered by oper~tion of law~ or otherr~?ise t~eops?rdized~ hyQothecAted~
~ or encu~bered~ then ~tud in aay euch event * or af nny e~reot of the .
saae oi ainilAS leg~i or equitAble conaequence or effect~ such event
shall be deeaed to conatitute ~ bre~cb of thia LeaBC~ ~t tha.op~ion
of the Lessura= so as to teraiaats_~11 right~~ privilege~~ ~ad
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