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Res 1982-045
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Res 1982-045
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8/1/2006 9:16:51 AM
Creation date
8/1/2006 9:16:08 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1982-45
Date
10/11/1982
Volume Book
60
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<br />-5- <br /> <br />abide by all the provisions of this lease. <br /> <br />IX. <br />DEFAULT AND/OR RECAPTURE <br /> <br />It is understood and agreed that the United States Government <br /> <br />has certain rights with respect to the property hereby leased, <br /> <br />and that it is possible a situation may arise in which, through <br /> <br />no fault of either" party hereto, it may be necessary that this <br /> <br />lease be terminated. <br /> <br />In such event, Lessor shall refund to <br /> <br />Lessee the pro rata share of any prepaid lease money on the prop- <br /> <br />erty involved. <br /> <br />With regard to any provision of this lease, it is under- <br /> <br />stood that the United States Government has an interest in the <br /> <br />property hereby leased, and that a national emergency or some <br /> <br />other unforeseen condition may require that the possession of said <br /> <br />property be surrendered to the United States Government or to an <br /> <br />agency thereof, prior to the end of the term of this lease. In <br /> <br />such termination, Lessor shall reimburse Lessee for any fencing <br /> <br />or other improvements placed on the property by Lessee. <br /> <br />This lease and all provisions thereof shall be subject and <br /> <br />subordinate to all the terms and conditions of the instruments and <br /> <br />documents under which the Lessor acquired said property from the <br /> <br />united States of America, and shall be given such effect and <br /> <br />construction as will not conflict or be inconsistent with such <br /> <br />terms or conditions. <br /> <br />In the event either party should violate any term or provision <br /> <br />of this lease, the party not in fault shall give the defaulting <br /> <br />party notice thereof, and if such default complained of shall, In <br /> <br />fact, constitute default hereunder, and unless the same is not <br /> <br />corrected within fifteen (15) days after the date of receipt of <br /> <br />such written notice, then the party not in default shall have the <br /> <br />option to terminate this agreement, and In the event of such <br /> <br />termination Lessee shall return the leased premises to Lessor In <br /> <br />as good condition as at the beginning of this Lease, except for <br />
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