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Res 1990-122
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Res 1990-122
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7/30/2007 4:46:55 PM
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7/30/2007 4:46:55 PM
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City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1990-122
Date
10/8/1990
Volume Book
100
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<br /> -4- <br /> notice to LESSOR and deduct the cost thereof from the following rental <br /> payments or payments. <br /> If LESSEE shall not commence to correct any default of LESSEE <br /> hereunder for thirty (30) days after written notice thereof from LESSOR <br /> (except in the default of rental payments, in which case the notice <br /> period shall be fifteen (15) days), and if LESSEE shall not, after <br /> commencement of the same, diligently prosecute the same to completion, <br /> LESSOR may, by giving written notice to LESSEE at any time thereafter <br /> during the continuance of such default, terminate this lease agreement <br /> and re-enter the leased premises, by summary proceedings or otherwise, <br /> and expel LESSEE therefrom. If LESSOR intends to follow up any notice <br /> of default with a subsequent notice of cancellation of lease agreement <br /> or re-entry, any such intent shall be fully set forth in any such <br /> notice of default to LESSEE. If any default by either party cannot <br /> reasonably be remedied within the notice times stated above (except <br /> payment of rent), then such party shall have the additional time <br /> reasonably necessary to remedy it before this lease agreement can be <br /> terminated or other remedy enforced by the other party hereto. <br /> No delay or omission by either party hereto to exercise any right <br /> or power occurring upon any noncompliance or default by the other party <br /> with respect to any of the terms hereof shall impair any such right or <br /> power or be construed to be a waiver thereo f. Every such right and <br /> power may be exercised at any time during the continuance of such <br /> default. It is further agreed that a waiver by either of the parties <br /> hereto of any of the covenants and agreements hereof to be performed by <br /> the other shall not be construed to be a waiver of any succeeding <br /> breach thereof or of any other covenants or agreements herein <br /> contained. <br /> 19. WAIVER <br /> Failure of either party to insist upon strict performance of any <br /> covenant or condi tion of this lease agreement in anyone or more <br /> instances shall not be construed as a waiver for the future of any such <br /> covenant or condition, but the same shall be and remain in full force <br /> and effect. <br /> 20. NOTICES <br /> Any notice required or desired to be given to either party shall <br /> be in writing and be sent by certified mail postage prepaid. Any <br /> such notice to the LESSOR shall be addressed to her at P.O. Box 494, <br /> Kerrville, Texas, 78029. Any such notice to the LESSEE shall be <br /> addressed to City Manager, Larry D. Gilley, 630 East Hopkins, San <br /> Marcos, Texas, 78666. The address of either party may be changed by <br /> written notice thereof to the other party. <br /> 21. CAPTIONS <br /> The captions appearing at the beginning of each of the sections <br /> and paragraphs of this lease agreement are for reference only and are <br /> not to be considered a part of this lease agreement. <br /> 22. TIME <br /> It is expressly stipulated that time shall be of the essence of <br /> this lease agreement. <br /> 23. BINDING ON HEIRS. ETC. <br /> This lease agreement shall be binding upon the heirs, devisees, <br /> executors, administrators, successors in interest, and assigns of the <br /> parties hereto. <br /> 24. MODIFICATION <br /> This contract constitutes the whole agreement between the <br /> parties. There are no terms, obligations, covenants, or conditions <br /> other than those contained herein. No modification or variation <br /> thereof shall be deemed valid unless evidenced by an agreement in <br /> writing. <br />
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