Res 1998-026 - Laserfiche WebLink

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(3) Enter upon the Leased Premises, by force if necessary, without being liable for prosecution or any claim for damages, and do whatever Lessee is obligated to do under the terms of this Lease; and Lessee agrees to reimburse Lessor on demand for any expenses which. Lessor may incur in effecting compliance with Lessee's obligation under this Lease, and Lessee further agrees that Lessor shall not be liable for any damages resulting to the Lessee from any action, whether caused by the negligence of Lessor or otherwise. Pursuit of any of the foregoing remedies does not preclude pursuit of any other remedies provided by law, nor shall pursuit of any of the other remedies herein provided constitute a forfeiture or waiver of any rent due to Lessor hereunder or of any damages accruing to Lessor by reason of the violation of any of the terms, provisions and covenants contained. Forbearance by Lessor to enforce one or more of the remedies, provided upon an event of default shall not be deemed or construed to constitute a waiver of default. 10.2 If, on account of any breach or default by Lessee in Lessee's obligations, it becomes necessary for Lessor to employ an attorney to enforce or defend any of Lessor's rights or remedies, Lessee agrees to pay all reasonable attorney's fees incurred by Lessor. ARTICLE XI Landlord's Lien 11.1 Lessee grants to Lessor a valid first security interest upon all the goods, chattels, trade fixtures and property which Lessee may have or own situated upon the Leased Premises at any time or times during the term of this Lease, to secure all rents and other sums due or to become due Lessor, any and all exemption laws being hereby expressly waived in favor of such security interest; and it is agreed that such express security interest shall not be construed as a waiver of any statutory or other liens given or which may be given to Lessor but shall be in addition hereto. In connection with the security interest herein granted Lessor, it is agreed that in the event of default by Lessee, Lessor shall have and be entitled to exercise all right and remedies provided or granted to a secured party after default under the Uniform Commercial Code ("UCC") with respect to any and all such property, including, without limitation, the right to take and retain possession of any or all property and to sell or otherwise utilize same at public or private sale or in any other manner authorized or provided in the UCC. Upon request by Lessor, Lessee agrees to execute and deliver to Lessor from time to time UCC Financing Statements as Lessor may deem necessary to perfect the security interest of Lessor in the aforementioned property and proceeds under the provisions of the UCC inforce in the State of Texas. ARTICLE XII Operation of the Airport 12.1 Lessor reserves the right to operate the Airport in accordance with, and this Lease is subordinate to, the Lessor's obligations to the Federal or State Government under any of the agreements for which aid for development was granted; however, if operation restricts the operation of Lessee on the Leased Premises, appropriate rental reductions shall be negotiated. In the event that appropriate rental reductions cannot be negotiated between the parties, then this Lease shall terminate and the parties shall have no further obligations. 8