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<br /> Cf711 <br /> -15- <br /> connection with the security interest herein granted Lessor, <br /> it is agreed that in the event of default by Lessee hereunder, <br /> Lessor shall have and be entitled to exercise all rights and <br /> remedies provided or granted to a secured party after default <br /> under the Uniform commercial Code ("UCC") with respect to any <br /> and all such property, including, without limitation, the <br /> right to take and retain possession of any or all property <br /> and to sell or otherwise utilize same at public or private <br /> sale or in any other manner authorized or provided in the DCC. <br /> Upon request by Lessor, Lessee agrees to execute and deliver <br /> to Lessor from time to time Dce Financing statements as Lessor <br /> may deem necessary to perfect the security interest of Lessor <br /> , <br /> in the aforementioned property and proceeds thereof under the <br /> provisions of the uce in force in the state of Texas. <br /> ARTICLE 15. <br /> operation of the Airport <br />15.1 Lessor reserves the right to operate the Airport in accordance <br /> with, and this Lease is subordinate to, the Lessor's <br /> obligations to the Federal or state Government under any of <br /> the agreements for which aid for development was granted; <br /> however, if said operation restricts the operation of Lessee <br /> on the Leased Premises, appropriate rental reductions ,shall be <br /> negotiated. In the event that appropriate rental reductions <br /> cannot be negotiated between the parties hereto, then this <br /> Lease shall terminate and the parties hereto shall have no <br /> further obligations hereunder. <br />15.2 It is specifically understood and agreed that nothing <br /> contained herein shall be construed as a granting or <br /> authorizing the granting of an exclusive right for exercising <br />" <br /> an aeronautical activity which is illegally discriminatory, <br /> and Lessee specifically agrees to operate a non-discriminatory <br /> operation. Lessee, his agents and employees, will not <br /> discriminate in any manner prohibited by Federal Aviation <br /> Regulations. Lessee further agrees to comply with such <br /> enforcement procedures as might be required by the united <br />