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201106937
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Last modified
10/9/2011 10:52:19 PM
Creation date
9/20/2011 8:40:44 AM
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DEEDS
Inst Number
201106937
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20�106937 <br />20041�247 <br />' 1. .a�1EVDyiEYTS. .�nv smendment to this .��eemenc o� :iriy reiated documen� <br />�hall be made in �vriting, c�uly approved and zxecuced by che Ci�y and Hearcland, nonvichstanding <br />any verbal or infonnal understanding or commitment ro the cantrary, Provided that upon the <br />issuance of che Building Bonds a.nd the sssi�uneat of rhe right to receive basic rent under this <br />:��reement pursuant co che Building Bond Indenture, no amendmenr to rhis :��eement shall be <br />made �vhich reduces the amount of basic rent due here�inder unless such amendment has been <br />�onsented to by the Trustee and by the reg.istered owners of rhe BuiIding Bonds then outstandin� <br />as ;xnd ro the zstenc required under rhe terms of the Buil+�in, Bonds Indenture. <br />?'. SE VER.�BILITY. If any provision of this �greement shall be held or deemed to <br />be, or shali in fact be, inoperative or unent'orceable as applied in any particulaz case, for any rea- <br />son, such circumstance shall not have the effect of rendering the provision in question inopera- <br />tive a.nd unenforceable in any other case or circumstances, or rendering any other provision or <br />provisions herein, invalid, inoperative or unenforceable to any eYtent whatever. The invalidity of <br />any one or more phrases, sentences, clauses or paragraphs in this .�greement shall not affeci the <br />remaining portions of this :�greement or any part hereof. The headings of paragraphs are to be <br />deemed intutmational only and shall not be construed as terms; or conditions of ctus agreement. <br />?3. SPECIFIC PERFURIV[A►NCE REQUIRED. �I'he City and Hea�rtiand shall each <br />be entitled to specific performance and injunctive and other �quitable reiief for any breach ar <br />threatened breach of any of the provisions of this :��eement, notwithstanding the availabiliry of <br />an adequate remedy at taw, and each party hereby waives the right to raise such defense in any <br />proceeding in equity. The specific remedies provided in this ��eement are cumalative and not <br />exclusive of any other remedy. The failure of either pacty to insist in one or more cases upon <br />strict perfomiance shall not be coast�ued as a waiver or relinquishmeni of performance for the <br />future. vo accep�ance of payments &om the City by Heartland or the Trustee with kaawledge of <br />any default by zither party, shall b� deemed a waiver of such defaul� <br />?�. LEGAI. YOTICE :�ND CORRECTION OF DEFAULT. Either party to this <br />rlgreement shall notify the other in writing if it deems there is a default in any of the provisions <br />of this �greement or any related documents. Such notice may be delivered in hand„ by first-class <br />U.S. mail or using electronic media, without limitation. The party to whom notice is sent shall <br />have thirty (34) days from the receipt of the notice to respond in writing establishing that there is <br />np default or to correct the condirion creating the default, provided that any default in payment of <br />basic rent shall be cured immediately upon receipt of notice. If either party has created a default <br />which is not removed in accordance with this paza�raph and such other provisions of this <br />Agreement as applied, the non-defaulting party may e:cereise ics rights in the manner provided ia <br />this A,areement or as provid� at taw or in equity to enforce its rights under this Agreement. The <br />addresses to wluch notices are to be sent as of the date of approval and esecution af this Agree- <br />ment are: <br />t� <br />
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