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79007107
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Last modified
1/13/2010 8:22:12 AM
Creation date
1/13/2010 8:22:08 AM
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DEEDS
Inst Number
79007107
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<br />'~ ~ - <br />`..... <br />Upon default by Assignee of any of Assignee's covenants <br />herein, Texaco may, by written notice to Assignee terminate <br />this assignment and thereupon ail of the rights, title and <br />interest in, to and under the Lease shall revert to Texaco <br />automatically and without further act or documentation, but <br />Assignee shall, upon Texaco's request, execute and deliver <br />to Texaco an appropriate form of reassignment, in proper <br />form for recording, together with the Lease and any renewals or <br />replacements thereof. <br />Texaco`s foregoing remedy shall not be deemed. exclusive, but <br />shall be cumulative with any other remedies Texaco may have <br />under law, and no failure by Texaco to avail itself of a <br />remedy shall constitute a waiver with respect to similar or <br />dissimilar future 3efault. <br />It is understood by and between Texaco and Assignee that <br />Texaco does not warrant and will not defend any rights. <br />accorded under the lease to exercise any purchase options <br />and it is expressly agreed that Assignee accepts this Assignment <br />without any representation or warranty whatsoever, express <br />or implied, as to env such rights. <br />pad SIs~vCLAIR AiARKETI~d6, INC., hereby accepts this agreement <br />subject to the foregoing eondicions and agrees to perform <br />the obligations inposed upon Texaco Inc. under the Lease. <br />IAT WiTN£SS WHEREOF, the parties have hereunto set their <br />hands and seals this 8th day of Febraary 1974. <br />WITNESS: TExACO INC.,. <br />_,;k <br />S$j.L~ey~ r vice President _ .. <br />t <br />- ~~ e.~e.o; i ATTEST' <br />~ _. <br />Sandra ,Taco ~ ~ ~~ <br />nss Secretary. <br />6eZT2TES5 <br />sI3~lUI,}1IH,?~SI2IC~TI,''tCs~C. ~. <br />~'.~' <br />f r ~ i f'{/~` { <br />~'~ I~i~ce President <br />-2- <br /> <br />
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