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<br />execute and deliver UCC Financing Statements to the Lessor as the Lessor deems <br />necessary to perfect the Lessor's security interest in the property, and proceeds thereof <br />under the provisions of the UCC. <br /> <br />Article 13. Lessees' Mortgage of Leasehold Interest <br /> <br />13.01. The Lessor grants permission to the Lessees for the mortgaging of the Lessees' <br />leasehold interest in the leased Premises for the sole purpose of obtaining funding for <br />permanent improvements to the Leased Premises. The Lessees will provide written <br />notification to the Lessor of each such mortgage within ten days after it is executed. The <br />Lessor agrees that any lien in its favor arising under this Lease as to any such <br />improvements will be subordinate to the lien of the mortgagee under each such mortgage. <br />This clause is self operative and no further instrument of subordination need be required <br />by any mortgagee of the Lessees. The mortgaging by the Lessees of their leasehold <br />interest for any other purpose, however, shall require the advance written approval of the <br />Lessor. <br /> <br />Article 14. Operation of the Airport; Lessor's Access to Leased Premises <br /> <br />14.01. The Lessor reserves the right to operate the Airport in accordance with, and this <br />Lease is subordinate to, the Lessor's obligations to the Federal and State governments <br />under any of the agreements for which aid for development of the Airport was or will be <br />granted. If these obligations unreasonably restrict the Lessees' use of the Leased <br />Premises, then the Lessees may terminate this Lease, and the parties will have no further <br />obligations. <br /> <br />14.02. It is specifically understood and agreed that this Lease does not grant or authorize <br />an exclusive right for conducting any aeronautical adivity which is unlawfully <br />discriminatory. The Lessees specifically agree not to discriminate in its use of the Leased <br />Premises in any manner prohibited by Federal Aviation Administration Regulations. The <br />Lessees further agree to comply with any nondiscrimination enforcement procedures <br />required by the Federal government. <br /> <br />14.03. The Lessor reserves the right to take any action it considers necessary to protect <br />the aerial approaches of the Airport against obstructions; and to limit the Lessees from <br />erecting any building or structure on the Airport or on the Leased Premises that would limit <br />the usefulness of the Airport or constitute a hazard to aircraft. <br /> <br />14.04. The Lessor reserves the right to further develop the Airport as it sees fit regardless <br />of the desires of the Lessees, and without any hindrance or interference from the Lessees. <br />If the development of the Airport requires the relocation of the Lessees' Hangar, the lessor <br />agrees to provide a location comparable to that provided to other private Lessees at the <br /> <br />COSM Form 1/99 <br /> <br />10 <br />