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TENANT acknowledges that it is familiar with the language and provisions of California Civil Code Section 1542 which provides as follows: A general release does not extend to claims rrhich the creditor does not know or suspect to exist in hi.s javor at the time afe-xecuting the release. ivhich, ifknrnrn ht= him, nntst have materiallt q#ected his settlement with the cleblor. Tl NANT, being aware of and understanding the terms of Section 1542, hereby waives all benefit of its provisions to the extent described in this paragraph. 11. TAXES AND ASSESSMENTS (PNIGE11.2 S) This Lease may create a possessory interest which IS Subject to the payment of taxes levied on such interest. It is understood and agreed that all taxes and assessments (including but not limited to said. possessory interest tax) which become due and payable upon the Pretnises or upon fixtures. equipment,. or other property installed or constructed thereon, shall be the full responsibility of'11"NANT, and "l l VANT shall cause said taxes and assessments to be paid promptly. 12. SUCCESSORS IN INTEREST (PY1GE12.2 S) Unless otherwise provided in this Lease, the terms. covenants, and conditions contained herein shall apply to and bind the heirs, successors. executors, administrators, and assigns of all the parties hereto, all of whom shall be jointly and severally liable hereunder. 1.3. CIRCUMSTANCES WHICH EXCUSE PERFORMANCE (PMGE13.2 S) If hither party shall be delayed or prevented from the performance ol'ruvy act required hereunder by reason of Acts of God. restrictive governmental laws or regulations, or other cause without fault and beyond the control of the party obligated (financial inability excepted), performance of such act shall be excused for the period of the delay and the period for the performance of any such act shall be extended for a period equivalent to the period of such delay. Ilowes-er, nothing in this Clause shall excuse TENANT from the prompt payment of any rental or other charge required of'IT'NIANT except as may be expressly provided elsewhere in this I:ease. 14. PARTIAL INVALIDITY (PMGEI4.2 S) If any term, covenant, condition, or provision of this Lease is held by a court of competent jurisdiction to be invalid, void, or unenforceable, the remainder of the provisions hereof shall remain in full force and effect and shall in no way be affected. impaired, or invalidated thereby. 15. WAIVER OF RIGHTS (PMGE15.2 S) The failure of DISTRIC I' or TENANT to insist upon strict performance of any of the terms, covenauits, or conditions of this Lease shall not be deemed a waiver of'any right or remedy that DISTRICT or ` ENvANT may have.. and shall not be deemed a waiver of the right to require strict performance of all the terms, covenants, and conditions of the Lease thereafter. nor a waiver of any rernedy for the subsequent breach or default of any term, covenant, or condition of the Lease. Any waiver, in order to be effective, must be signed by the party whose right or remedy is being waived. Sania Ana River Channel (11"71-R 15 i2 ) n 1 € "ihh SLi ect Trinnele l.cas (RFV {)R.1 ,08) 20C-46