HomeMy WebLinkAbout0686 a: e all covenants runni. g wit : t::a _~ar.d a:d sr.ali ;.ass success~ve~;;
upor. Lf.e OCCaS102I O: each tY`3: SZ'e: OZ' ass~g:.zr.ent O: &ri ir.terest, i,:I'~LO
t'r.e transferee or assignee .
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XI.
~:~ZENT DQtiiAi:~
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. ~f anv part of t'r.e leased pre.:.ises s'r.all be taker. unde:~ t'r.e
po•~rer of err?ir.ent domain. the rer,t sr.al~ continue una~fected as to -the ,
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am.ot.:r.t iess if such portion of the leased pre~r,ises is so taker. so
as ~o corapietely destroy tr.e usefulness c~ the ieased prem:.ses ~ro
the purpose for which ~'r.e leased pre:r.ises w~re ieased, tl~.er. fro.~~ t'r.at
day t'r.e Lessee shali have tne r~ght to terr~.~r.ate t'r.is Lease by writLe :
:otice giver. by the Lessee to the I.essor witr.~n tr.irty (30}~ days a:ter ~
sucr. day or to continue ir. the possessior. o~ an undivided ~nterest ~n
tr.e remainder of ~he ~eased pre:~ises unde: a~l of the ter;r,s proviced. •
Ai~ da~ages awarded for suc : takir.g shall oelo: g to anci be tr.e property
o~ tne Lessor, whether such da~ages sr.ayl be awardec as co:r.per.sa~ion
: or ai~r.-anition in ~the velue to the Lease or to the fae of the ~eased `
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prer.,~ses. ~ . '
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a~i.
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':~'eitr.er ~his Lease nor a: .y ~:terest tr.ere~n r.or ar.y es~ate
t:~ereby created snall pass to ar.y ~rustee or Receiver or Assibr.ee for
t: e ber.e~~ti Gf creditors or otherwise by operat:.on o: law. .
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, ~ ~E:~iOLI~.T.G~' COI~'S~'~liCT~G\ afiD NAJOR ALTEqAT~GtiS
Zessee shall ur,dertake r.o demolitior,. rebuildir,g; new cor,-
- structi~n on the der~.isedaprer~ises, no: sha~I Lessee rr?ake any ~ a;;o: al-
teratior,s in tne build~ngs iocr~ted o: the demised pre:..~ses at t~.e ti;r,e :
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of cor~,-~encement of this Lease withou~ the pr~or written cor.se:,t and ap- ~
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p: ovai of tne Lessor, and upon such ter:;~s a:~d cond~tions as ti.e i.essar :
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s: a~~ require. I~othing ir. tnis paragrap:. sr.all ever be cons~ruea to ~
ra~~eve ~essee o~ its ~bligatior~ to r^.aintair. ar.a repair tr.e i:r.p: ove-
ue :ts ~ocated upor. tr.e demised pre:r,i~es.
X~V.
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D~FAL'L: CLk~SE
~~A. It is further covenanted and agreed by and 'oetweer. t'r.e
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• 6C~K FACF ~~e
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