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Agenda - 10-21-1997 - 9h
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Agenda - 10-21-1997 - 9h
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Last modified
8/14/2013 4:43:10 PM
Creation date
8/14/2013 4:43:07 PM
Metadata
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BOCC
Date
10/21/1997
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
9h
Document Relationships
1997 NS Purchasing - Lease renewal Sawyer Building
(Linked From)
Path:
\Board of County Commissioners\Contracts and Agreements\General Contracts and Agreements\1990's\1997
Minutes - 19971021
(Linked From)
Path:
\Board of County Commissioners\Minutes - Approved\1990's\1997
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S <br /> t <br /> demised, County's remedy, which shall be exclusive of all other <br /> remedies, shall be: <br /> 1. ) annul and void this lease; and 2. ) Landlord shall indemnify and <br /> hold County harmless against any claims for rents resulting from <br /> any title claim. <br /> 5. Subordination: County agrees that this lease is and <br /> shall remain subject and subordinate to and may be assigned as <br /> security for any present and all future ground leases or underlying <br /> leases of the Building or of the real property upon which the <br /> Building is located and to and for all mortgages or deeds of trust <br /> which may now or hereafter affect such leases or the Building or <br /> the real property upon which the Building is located and to and for <br /> all renewals, modifications, consolidations, replacements and <br /> extensions thereof. This clause shall be self-operative and no <br /> further instrument shall be necessary to effect such subordination. <br /> However, County shall execute promptly and deliver to Landlord any <br /> such certificate or certificates in writing as Landlord may request <br /> evidencing the subordination of this lease to or the assignment of <br /> this lease as additional security for such ground lease, underlying <br /> lease, mortgage or deed of trust and County hereby constitutes and <br /> appoints Landlord as County's attorney-in-fact coupled with an <br /> interest to execute any such certificate, certificates or <br /> assignment on, County's behalf in default of such execution by <br /> County. In the event the Building or the real property upon which <br /> the Building is located or a leasehold interest in the Building or <br /> the real property upon which the Building is located is sold <br />
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