Laserfiche WebLink
Section 41. Definition of Lessor <br />The term Lessor as used in this Lease means only the owner for the time being of the <br />~ Premises, so that in the event of a sale, transfer, conveyance, or other ternunation of Lessor's interest in <br />the Premises, Lessor shall be and is entirely freed and relieved of all liability of Lessor thereafter <br />accruing, and in such event Lessor shall remit any funds held by Lessor, in which Lessee has an interest, <br />to the successor owner of the Premises. Lessor shall remain liable for any such money not so remitted. <br />It shall be deemed and construed without further agreement between the parties or their successors in <br />interest, or between the parties and such successor owner of the Premises, that such successor owner has <br />assumed and agreed to carry out any and all agreements, covenants, and obligations of Lessor thereafter <br />accruing. <br />Section 42. Recordation of Lease <br />Lessee may elect that a copy of this Lease or a memorandum, executed and acknowledged by <br />both parties, be recorded in the public records of Marion County, Oregon. Lessee shall pay the <br />recording costs. <br />IN WITNESS WHEREOF, Lessee and Lessor have caused this Lease to be executed by their <br />duly authorized officers. <br />LESSOR: <br />Salem Area Mass Transit District Marion County <br />Its: <br />Approved as to legal form: <br />Legal Counsel, Salem Area Mass Transit District <br />Approved as to legal form: <br />Legal Counsel, Marion County <br />LESSEE: <br />Ground Lease Courthouse Square <br />Page - 23 ' <br />