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<br /> ARTICLl III .
<br /> Allerations ; Improvements ; itemovals
<br /> SecCiun 3 . UL After-Acquired Property as Yatt of She Demise�i Premise� . AlI
<br /> � huildi:igs structures , improvements , machinery , equipment and other property
<br /> j constructed , placed ur. installed in or upon the llemised Premises as an addition to , ur
<br /> as a KubstiCul•e L'or or in r. enewal or replacement of , anq buildiu�� , sCructure�; , improve -
<br /> ', ; mettts , macliinery , equxpment or vL•her propert ,r• constiCutinq part of the Demised Yremises
<br /> and all Additional Tmprovemente sha11 Uecome a part oE the Uemised Premises . Any
<br /> Uuildings , structures , i.mprovements , machinery , equipmettt or other property which shal.l
<br /> Ue constructed , placed or installed by the Company in ur upon the llemised Yremises
<br /> wlthout expense to the Lessor and whicli properL•}> is noL- in replacement c�r renewal oi
<br /> or substituL- ion for property constituting pare uf the Uemised £remises , shall nqC Ue
<br /> deemed part af the llemised Yremises it the intention iiot to make sucli propert,y }� art
<br /> of the Demised Premises is evidenced by ( i ) tagging or other suitaUle idenl• ificaCian
<br /> of such propert� as Ueing u�nted b}• Che Company or utliers , and ( ii ) Listing such property
<br /> in the Inventory of 1' roject Yroperty «rned by the Cumpany metttioned in SecCion .1 . U2
<br /> uf this Lease , copies uf which , coith all revisions Cherein then ur Chereafter made ,
<br /> ahall be delivered t>y the Cvmpany to the i.essor and the Trustee , Any sucti property
<br /> ; [hat is not part uf the Uemised 1' reniises may be altered , removed ur repl.aced Uy the
<br /> Company at any time so long as che Compan} is ciot in default liereunder . At ttie request
<br /> � oE the Company , khe Lessor shall cuoperate in grantinK such permiCs and auLhorizatious
<br /> ;! and shall � oin in the application for such municipal and ottier fiovernment permits and
<br /> authorizations as may be deemed uecessary or advisable to be obtained in connection
<br /> with any such consttuction , acquisition or inseallation , pruvided that the ComFany shall
<br /> indemni [y and hold the Lessor harmless against and irem all costs and expenses whicli
<br /> - may be incurred Uy the I.essor. in connection ��� ith any aucii joinder ur epplication .
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<br /> Section 3 . 02 . Gffectin� Cltan�es iu Che ller�ised Premises . The Company at
<br /> il-s ocan cost and expense ma�- , afL- er completion of the I' roject , make such additions ur
<br /> impro��ements to or alterations uL the Demised Premises or may cunstrucC ur place on
<br /> the Demi.sed i' remises such additional facilities , macltinery c�r equipment as Che Cun:pany
<br /> '.� may deem desirable Co eftecl-uate the purposes herein contemulated ; pruvided , it is
<br /> determined that .sucli additiuns , improvements , alteratious , tacilities , machinery or
<br /> equipmenC wi11 nol impair Che structural souudness or the value of the Demised Pre�nises
<br /> } ,f nor adversely afLect Che purposes uf cliis Lease under tlte �1ct .
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<br /> , The Lessor cuaenants that , e:ccepC as in this Lease and the Mortgage oCherwise _
<br /> permitted , S. t crill not during [he term of this Lease , sell , demolish , remove or
<br /> otlier�rise dispase of or encumUer the Demised Premises or any part thereof er permit
<br /> lhe llemised Premises er any part Chereof to be sold , demolislied , remo��ed c� r otherc.ise
<br /> disposed of or encumbered . 'Phe Lessor may Lram time to time ; witli the approval of
<br /> � ttte TrusCee and the Yrojecl• Maua�er , sell such rights iu land or other portiuns of
<br /> z Che Uemised 1' remises 83 Che Vill.age b �� resolul' ion determines are no lunger ureful
<br /> in cunnecl- ion with Clie operation atid maintenance thereuf Cor tl�e purposes intended
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<br /> under Clie Act .
<br /> tieetion 3 . 03 . liemoval Free ot NoCice aud Replacement . Tiie Cumpany , Lrom
<br /> - - time to time , at its uwn cosC aud expeitse , i.ithoul' rieCice Co , �nd c, ithout obtaini.u�
<br /> s� y the approval of , the Lessor ur the 'Prustee and f. ree uP any obliFation to make any
<br /> repla�ement tltereof , may demolish or remoae any structure , mac;iiner�• , equipmetit or
<br /> othcr improvement now or hereafter existing as part o [ che llemised 1' remises , provided
<br /> the tair market value tliereot at tlie time nf its deinolition ur removal dues nut exceed
<br /> $ � , 000 and tl:e aggte �ate oP all such demoliCions and removals made pursuant Co Cl� is
<br /> , ' Section dues noC exceed 520 , (IUU .
<br /> - Section 3 . 04 . Removal �.• ith Notice . I:xcept as othen.ise provided in Section
<br /> �: ' 3 . 03 above , iL the Company iit it , sole discretion determines Chat a�ty structure ,
<br /> machinery � equipment or utlter .Lmprovement canstitutin� a part uf the Uemised Premises
<br /> has become ivadequate , ubsoleCe , �,�urn uuC , unsutCable , undesirable ur unnecessar� , tlte
<br /> Company ehnii y; ive written noCl. ce Chereot Lu Che Lessur and Lhe 'I'rus [ee , and che
<br /> Coropany may Chen demolish ur remove sucli property [ rum tlie Uemi.sed Premi.ses ❑ud may
<br /> sell , Crnde in , exchnnge or oCherwise dispoxe uP 9ame , in whole or l.n part , provide�l
<br /> that :
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