HomeMy WebLinkAbout1972 - .
of the p~remisea included in the Pure Lease, 3f for any reason
said Base Lease ahould be terminated or cancelled prior to the
end of the term of the Pure Leaset
N~OW, TABRSFOR$, fn consideratfon of tl~e premiees and
the sum of One Dollar ($1.00) cash in hand paid by each party
to the other and other good and valuable considerations, the
~
receipt and sufficiency of which are hereby acknowledqed and
confessed; it is covenanted and aqieed by and between Lessor,
Lessee and Pure, as followa: ~
l. Lessor hereby consenta to the execution and delivery
of the aforesaid Pure Lease, 3ubleaae and Mortqaqe, arid ~qrees
that no covenant or provieion contained in aaid instruments shall
operate or be considered as a breach of any of the covenants or
provisions of said Base Lease: Lessor and Lessee further warrant
and represent that said Base Lease is in full force and effect
.as of the date hereof and that, there exiets no breach of the
~ terma or provisione of said Base Leaset and Lessor and Lessee
lEurther convenant and agree that they will not, aurinq the term
of the Pure Lease, amend, modify or terminate said Base Lease
. without the prior written conaent of Pwce, except that Leasor
may terminate saia Base Lease as provided for in paragraph 2 of
~ this Collateral Agreement. ~
2. Lessee covenants and warrants that it is legally
aeized of a leasehold eatate in the premises covered by the
Base Lease; that the eame is free of all liens and encumbrances
whatsoever; that it will warrant and defend said leasehold
estate unto Pure, its aucceasors and assigna, against the law-
fu2 claims of all persone whomsoever; and that, except for
the Pure LeaBe and the aforesaid Sublease and Mortgaqe, it
will not sell, aseign, tranefer or otherwi8e encumber the Base
Lease; and that it wiZl conform and comply with each ana
every p~ovision of said Baae Leaee; and that it specifically
dOQK~VO PACE~~~
- E . _
~~b ~ ~ ~ ~ - - -
, ~ ~ ~ ~ - -