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200511152
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200511152
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Last modified
11/10/2005 3:26:32 PM
Creation date
11/10/2005 3:26:30 PM
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DEEDS
Inst Number
200511152
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<br />" <br /> <br />'" <br /> <br />, <br />. <br /> <br />200511152 <br /> <br />placement of guy WIres, anchors and utilities; and, (b) all other rights, privileges and <br />appurtenances including, without limitation, Appurtenant Rights owned by Assignor, <br />reversionary or otherwise, and in any way related to the Site Lease. <br /> <br />3. Assumption of Assumed Liabilities. Assignee hereby accepts the assignment of <br />the Site Lease as herein set forth, and shall assume, and otherwise pay, satisfy and discharge all <br />Liabilities of Assignor under the Site Lease, but only to the extent that (a) such Liabilities are not <br />Retained Liabilities as set forth in the Agreement, and/or (b) such Liabilities are assignable to <br />Assignee and arise or relate to the period from and after the Closing Date (it being understood, <br />however, that Liabilities which either are not asserted or matured until after the Closing Date, but <br />which arose from facts or circumstances prior to the Closing Date, are not Assumed Liabilities). <br />In order to clarify the above with respect to the Site Lease, Assignee shall only assume, pay, <br />satisfy and discharge those Liabilities that are Assumed Liabilities. Notwithstanding the <br />assumption of the Liabilities as set forth above, nothing herein shall be deemed or construed to <br />relieve Assignor, or to be an assumption by Assignee, of any Retained Liability or of any <br />Liability arising from any event, condition, occurrence or other matter which is the subject of a <br />breach or Default by Assignor of a representation, warranty or covenant contained in the <br />Agreement, irrespective of whether such Liability arises or matures after the Closing Date. <br /> <br />4. Execution and Counterparts. To facilitate execution, the parties hereto agree that <br />this Assignment may be executed and telecopied to the other party and that the executed telecopy <br />shall be binding and enforceable as an original; provided, however, that at least one original <br />signature of Assignor is provided to Assignee for recordation purposes. This Assignment may be <br />executed in as many counterparts as may be required and it shall not be necessary that the <br />signature of, or on behalf of, each party, or that the signatures of all persons required to bind any <br />party, appear on each counterpart; it shall be sufficient that the signature of, or on behalf of, each <br />party, or that the signatures of the persons required to bind any party, appear on one or more of <br />such counterparts. <br /> <br />5. Further Assurances: Recordation. The parties hereby covenant and agree to <br />execute and have executed all such further assignments, instruments of transfer and agreements <br />and to take (or cause to be taken) all such further actions as may reasonably be necessary in order <br />to accomplish more fully and effectively the assignment and assumption of the Site Lease <br />contemplated hereby. Assignor and Assignee acknowledge that this Assignment will be <br />recorded, and each party shall cooperate with each other and take all commercially reasonable <br />steps to ensure that it is properly recorded. <br /> <br />2 <br />
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