Res 2011-093 - Laserfiche WebLink

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secure all rents and other sums due or to become due to the Landlord. The Tenant expressly waives all exemption laws in favor of this security interest; and it is agreed that this express security interest shall be in addition to, and not as a waiver of or substitute for any statutory or other liens of the Landlord. In connection with this security interest, it is agreed that in the event of a breach or default by Tenant, the Landlord may exercise all rights and remedies provided to a secured party after default under the Uniform Commercial Code C UCC" ), as adopted and amended in Texas, with respect to all such property, including, without limitation, the right to take and retain possession of the property and to sell it at public or private sale, or to use it in any other manner authorized or provided in the UCC. Upon request by the Landlord, the Tenant agrees to execute and deliver UCC Financing Statements to the Landlord from time to time as the Landlord deems necessary to perfect the Landlord's security interest in the propert and proceeds thereof under the provisions of the UCC. The statutory _lien for rent is not waived; the security interest herein granted is in addition and supplementary thereto. Article 13. Tenant's Mortgage of Leasehold Interest 13.01. The mortgaging by the Tenant of its leasehold interest for any other purpose shall require the advance written approval of the Landlord. Article 14. Operation of the Airport; Landlord's Access to Leased Premises 14.01. The Landlord reserves the right to operate the Airport in accordance with, and this Lease is subordinate to, the Landlord's obligations to the Federal and State governments under any of the agreements for which aid for development of the Airport was or will be granted. If these obligations unreasonably restrict the Tenant's use of the Leased Premises, then the Tenant may terminate this Lease, and the parties will have no further obligations. 14.02. It is specifically understood and agreed that this Lease does not grant or authorize an exclusive right for conducting any aeronautical activity which is unlawfully discriminatory. The Tenant specifically agrees not to discriminate in its use of the Leased Premises in any manner prohibited by Federal Aviation Administration Regulations. The Tenant further agrees to comply with any nondiscrimination enforcement procedures required by the Federal government. 14.03. The Landlord reserves the right to take any action it considers necessary to protect the aerial approaches of the Airport against obstructions; and to limit the Tenant from erecting any building or structure on the Airport or on the Leased Premises that would limit the usefulness of the Airport or constitute a hazard to aircraft. 14.04. The Landlord reserves the right to further develop the Airport as it sees fit regardless of the desires of the Tenant, and without any hindrance or interference from the Tenant. The Landlord expressly reserves the right to grant leases and privileges to other persons with respect to the Airport, 15 Tenant !- Landlord: