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88102045
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1988
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88102045
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Last modified
3/9/2007 5:41:14 PM
Creation date
3/9/2007 4:33:35 AM
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DEEDS
Inst Number
88102045
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<br />I <br /> <br />88-' 102045 <br /> <br />C. <br /> <br />Assignor obtained the Successor's interest in <br /> <br />the Lease pursuant to an Assignment of Lease effective as of <br /> <br />November 30, 1987. <br /> <br />D. Pursuant to that certain Asset Purchase <br /> <br />Agreement (the "Asset Purchase Agreement") dated as of <br /> <br />January 15, 1988, as amended, by and between SunWest <br /> <br />Development Co., Inc., a Texas corporation, as Buyer, and <br /> <br />Property Development Associates, a California general <br /> <br />partnership, as Seller, Assignor desires to assign the Lease <br /> <br />to Assignee, and Assignee desires to accept an assignment of <br /> <br />the Lease, 'together with all right, title and interest of <br /> <br />Assignor thereunder as hereinafter provided. <br />NOW, THEREFORE, for valuable consideration, the <br /> <br />receipt and adequacy of which are hereby acknowledged, and in <br /> <br />consideration of the premises and the mutual covenants, <br /> <br />conditions and agreements contained herein and in the Asset <br /> <br />Purchase Agreement, the parties agree as follows: <br /> <br />1. Assiqnment: Assignor hereby transfers, sets <br /> <br />over and assigns to Assignee all right, title and interest of <br />Assignor in and to the Lease, TO HAVE AND TO HOLD the same to <br /> <br />Assignee, its successors and assignors forever, together with <br /> <br />any and all options in favor of Assignor under the Lease, <br /> <br />including, without limitations, any options to extend the <br /> <br />term of the Lease, to terminate the term thereof, to expand <br />the improvements on the Premises or to purchase the interest <br />of Landlord in the Premises, and all rights of Assignor in or <br />to any deposits and advance payments, if any, made by <br /> <br />2 <br /> <br /> <br />L <br /> <br />-.J <br /> <br />L <br /> <br />,.:\ <br /> <br /> <br />r <br /> <br />r <br />! <br />! <br /> <br />~- . <br /> <br />L <br />
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