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security interest in, or lien against the Aircraft Collateral that is held by Lender but not <br />subordinate or inferior as to any other property subject to said landlord's lien pursuant to the <br />Lease or under state law. <br />2. Lessor further consents to the location of the Aircraft Collateral on the Leased <br />Premises, and hereby authorizes and empowers Lender, its agents, attorneys, employees, <br />successors and assigns, subject to compliance with applicable law, to enter the Leased Premises <br />and remove the Aircraft Collateral under the provisions of the Aircraft Mortgages and Credit <br />Documents. <br />3. This Agreement shall bind and benefit the parties hereto and their respective heirs, <br />legal representatives, successors and assigns. This Agreement embodies the entire agreement <br />and understanding of Lessor, Lessee and Lender relating to the subject matter hereof and <br />supersedes all prior proposals, negotiations, agreements and understandings related to such <br />subject matter. <br />4. This Agreement may not be discharged or modified orally or in any manner other <br />than by an agreement in writing specifically referring to this Agreement and signed by the party <br />or parties to be charged thereby. <br />5. This Agreement shall be governed by and construed in accordance with the laws <br />of the State of Texas and the United States of America. This Agreement may be executed in one <br />or more counterparts which shall be construed together as one document. Any party who <br />executes a counterpart of this Agreement shall be fully liable hereunder, whether or not any other <br />party named herein executes that counterpart or any other counterpart of this Agreement, and the <br />obligations of any parry hereunder may be proved by production of the counterpart of this <br />Agreement executed by such party without the production of any other counterparts of this <br />Agreement. <br />IN TESTIMONY WHEREOF, this instrument is executed, effective as of the date stated <br />above. <br />LESSOR: LENDER: <br />CITY OF SAN MARCOS, TEXAS COMPASS BANK <br />By: <br />Nal <br />Tit] <br />011131.000054\4844-6089-4043.v1 <br />By: <br />Name: act& ae <br />Title: t e <br />