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<br /> 2. lerrnination: Licl'Tlsor may te,..llOate thi~ License upon 30 d¡iY~' Writ! nfltice if Licensee fails (¡) Keen am n{ <br /> LH:ensee\ covenants hen::n cnT\lained. or i1 the ri!"ht nt way i~ re411lr~d tor other purposes o~' Llcen~or. and no relmhur~eml"nt <br /> shall he made lor Licensl'e\ expenses inclIrred in the re[J\n\,¡¡1 of thl" Cfos"lng or the consideration paid lor thi" 1.lcense. ~o <br /> terminat inn or ex ptrauon shall al teet the rights and I jab il itles. if any. 01 t he pan les hereto then exist ing, <br /> 3, He,toralion: t'pnn the tam¡¡¡ation of this agn:ement. v.hethn in accordance with the provisions of I':nagr¡¡ph I of <br /> Arude I. or I'ar¡¡¡;rarh 2 or 4 oj ..\rtic!e III. or otherwlsc. 1.lcensee sh,d] promplh' remO\l: s:lId ( ros~ T)g 1rom 1,lcen~lIr\ ri¡;ht (If <br /> wa\'. and re"tore said fight 01 wa~' tll ils prior l'<mdilinn, or to a condll!()!\ satisfaclory In LlcensOl, If LIcensee "hall tail to rCIllO\\." <br /> "lid C('{\s\II1!! within lhirl~ (30) day~ aileI' Ihe termination of thi~ a¡;rcement. 1.lcensor m¡IY remm'c Ihe same:. and charg\." till' <br /> e"pcn~e thl'rdor to the 1,lcl'nw\." on the' ha~ls rHOlllkd In I'ara!!raph I(hl 01 .\ruclt: Ill. <br /> 4. :\lisecllam'olls: (a) This License and all of thl' provisions herein contained shall be binding upon the panil"~ hcr\."to. <br /> their heirs. executors. administrators. successors and assigns. and Licensee agreL's to suprly notice in writing to Licensor oj an~ <br /> name chan~es. Licensee agrees not t() assign this License or an\' intert"st therein. without the consent of Licensor in writing. and am <br /> and every ~\Jch attempted assignment ~~itho¡¡t such prior ~~'fitlen consent sha 1 he' ~'()jd ,md at no dice!. In the c\t.:nt of ;¡n~ <br /> '¡;nment. Licensee sha II at all times remain fully responsible and I ia hk for t he payment of the renta 1. i rany. hl'rein specified ~I nJ <br /> the compliance of all of its other obligatiom under the terms. provisions. and covenants of this License. <br /> (h) In the e\'ent rent is paid annlla lIy. Licensor ex pressly reserves the right to increase the a hove rental ra Ie on a ny yea rl~ <br /> anniverS:1fY d:ì!e of this license by fÙ\'ing Licensee thirty (301 days' written notice. Licensor may increase the rent:¡] hy the <br /> pl'rcentage thaI the Consumer Price Index has increased, publislH::d by the Department of Labor. since the last rental <br /> increase 'period. or the last anniversary date hereof. <br /> (c) The personal pronouns used herein as referring to Licensee shall be understood so to refer 10 Licensee \\helher <br /> Licensee be a natural person, a partnership. or a corporation. or any combination thereof. <br /> (d) Any notice herein required to be given by Licensor to Licensee shall be deemed properly gi\'en if served upon or <br /> delivered to Licensee or his authorized agent. or if posted on or if mailed. postpaid. addressed to Licen~ee at his last <br /> known place of business. <br /> (e) ~o oral promises. ora) agreements. or oral warranties sha] he deemed a part of this License. nor shall any ä!lcr;¡riol1. <br /> amendment. supplement. or waiver of any of the provisions of this license be binding upon either party hereto unkss the <br /> same be supplemented. altered. changed. or amended by an instrument in writing. signed by licensor and Licen~ec. <br /> (I) This License does not bccome binding upon Licensor until execUted by licensor's vice-president. <br /> I!'; WIT~ESS WHEREOF, the parties hereto have executed this agreement as of the day and year firstatH)ve wrinen. <br /> MISSOURI-KAT\SAS-TEXAS RAILROAD COr\1PA,\Y <br /> By <br /> Vice-President <br /> CITY OF SAN MARCOS, TEXAS <br /> ~ C~ <br /> By ~ <br /> Title Mayor <br /> Address: 630 E. Hopkins <br /> San Marcos, Texas 78666 <br /> Attest: <br /> r/l~ ~a JJ <br /> Ja s K. Womack <br /> City Secretary <br /> File: T-18970 -3- <br />