HomeMy WebLinkAbout0434 F
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unless and until an executed origir~al thereof is delivered '
to the Lessor, together with a reference to the book and page
number of the recordation thereof. No assignment, transfer
or assumption shall ever operate to release a prior Lessee
from any of the obligations hereof,.and no such prior_Lessee
shall be ieleased unless and until a written discharge of
such Lessee, duly executed by the Lessor, shall be re-
corded among the Public Records of the County in which ~
the leased premises are located.
C. Each side (Lessor of the one part and Lessee of
the other) hereby covenants and agrees with the other that
such side will within fifteen (15) days~after written notice ;
shall have been given that side by the other, requiring a ~
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statement of the status of the lease, give such statement
in writing and truthfully so as to show whether the lease is
in good standing and, if it is not, the particulars in which
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days so ~give such written reply shall constitute a repre-
sentation that the lease is in good standing, which repre-
sentation any person, within fifteen (15) days after the -
~ expiration of said 15-day period, may rely upon as being
true and correct. Notice and the consequent reply shall
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be deemed given and time shall begin to run when, respec-
tively, the said notice and the consequent reply are
deposited in the U. S. Certified or Registered Mail, i
with sufficient postage prepaid thereon to carry them to ~
_ their addressed destination, and they shall be addressed ~
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to Lessor and Lessee (as the case may be) at the places
and in the manner prescribed as bein~he places and the man-
ner for giving notice.. ~
D. The obligations assumed hereunder by the respective
sides are aIl covenants running with the Land and shall pass--
successively upon the occasion of each transfer or assign- ~
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ments of an interest, unto the transferee or assignee.
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~~18;# ~ 434
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