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Except far personal property purchased by the School Board at its o~~~n <br />expense, title to the Leased Property and any and all additions and modifications to <br />or replacements of any portion of the Leased Property will be held in the County's <br />name, subject only to Permitted Encumbrances, until foreclosed upon or conveyed <br />as pro~Tided in the Financing Contract or the Financing Contract, notwithstanding {a) <br />the occurrence of one or more e~Tents of default as defined in Financing Contract <br />[Section 10.1 ] ; (b} the occurrence of any event of damage, destriction, <br />condemnation or constriction or title defect; or (c} the County's violation of any <br />pro~rision of this Lease. <br />The Schaal Board has no right, title or interest in the Leased Property or any <br />additions and modifications to or replacements of any portion of the Leased <br />Property, except as expressly set forth in this Lease. <br />ARTICLE ~ <br />SUBLEASING, ASSIGNMENT, AND INDEMNIFICATION <br />10.1. School Board's Subleasing and Assignment. (a) Except as <br />provided in subsection (b), the School Board may not sublease the Leased Property, <br />in lvhole or in part, enter into other agreements for the use of any part of the Leased <br />Property or assign any of its rights or obligations under this Lease, without the <br />County's prior written consent. <br />{b) The School Board may enter into agreements for the use of portions of <br />the Leased Property with state and local (but not federal) government entities, and <br />may alla~v for the occasional use of portions of the Leased Property by non- <br />govertunent entities, in each case ~~Tithaut the necessity of obtaining the County's <br />prior consent. The School Board must make an annual report to the County of all <br />such agreements sa that the County may monitor such use to protect its rights to the <br />Leased Property and to assure compliance with the County's covenants under the <br />Financing Agreement. The School Board must make this report by September 15 of <br />each year far the Schaal Board's then most recently-completed fiscal year. <br />(c) The School Board's obligations under Section $.3 take priority over the <br />School Board's rights under this Section 10.1. The School Board's allowing use of <br />the Leased Property pursuant to this Section 10.1 will not constitute a <<Tialation of <br />the School Board's obligations under Section 6.1 ar otherwise to use the Leased <br />Property far public education purposes. <br />~3s6s~ <br />