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event shall, at District's option, be deemed to have been transferred to District. District shall have
<br /> the right to remove and to dispose of such property without liability therefor to City or to any
<br /> person claiming under City and shall have no need to account therefor.
<br /> 29. ASSIGNMENT AND SUBLETTING (3.5 SR)
<br /> Subject to prior review and approval by District, City may allow for the rental, licensing,
<br /> permitting, or subletting of the Premises when doing so results in providing for the uses permitted
<br /> in Clause 3 (USE) above. Any mortgage,pledge,hypothecation, encumbrance, transfer, sublease,
<br /> license, permit, or assignment (hereinafter in this Clause referred to collectively as
<br /> "Encumbrance")of City's interest in the Premises, or any part or portion thereof without the prior
<br /> written approval of District is prohibited. All Encumbrances are subject to District's review and
<br /> approval, including those Encumbrances that result in providing for the uses permitted in Clause
<br /> 3 (USE)above.District approval is subj eet to negotiation by the Parties and may result in additional
<br /> charges for Rent and/or Additional Rent as those terms are defined and used in Clause 9 (RENT)
<br /> above. District may reasonably withhold such approval.
<br /> Should District consent to any Encumbrance, such consent shall not constitute a waiver of any of
<br /> the terms, covenants, or conditions of this Lease or be construed as District's consent to any further
<br /> Encumbrance. Such terms, covenants or conditions shall apply to each and every Encumbrance
<br /> hereunder and shall be severally binding upon each and every party thereto. Any document to
<br /> mortgage, pledge, hypothecate, encumber, transfer, sublet, or assign the Premises or any part
<br /> thereof shall not be inconsistent with the provisions of this Lease and in the event of any such
<br /> inconsistency, the provisions of this Lease shall control.
<br /> City may,with prior notice, engage the services of a professional management company and such
<br /> employment shall not be construed to be an assignment or transfer of the Lease. Any license,
<br /> sublease,permit,etc.issued by City shall be consistent with and subject to the terms and conditions
<br /> of this Lease and shall be subject to review and approval by the District, whose approval shall not
<br /> be unreasonably withheld. Each license, sublease, permit, etc. issued by City shall require
<br /> adequate insurance, as determined by the District, with District and the County of Orange named
<br /> as additional insured, and the Licensees shall indemnify the District and the County of Orange, its
<br /> elected officials, agents, officers, and employees.
<br /> 30. TAXES AND ASSESSMENTS (3.6 SR)
<br /> If applicable, all taxes and assessments including,but not limited to,possessory interest tax,if any,
<br /> which become due and payable upon the Premises shall be the full responsibility of City, and City
<br /> shall cause said taxes and assessments to be paid prior to the due date. Should City fail to pay taxes
<br /> and assessments due upon the Premises prior to the due date, District may pay such amount due
<br /> and add the cost thereof, including overhead, to the Base Rent thereafter payable.
<br /> 31. ESTOPPEL CERTIFICATE (3.7 SR)
<br /> City shall furnish upon receipt of a written request from District an estoppel certificate on District's
<br /> standard form Estoppel Certificate (attached hereto in Exhibit D containing information as to the
<br /> current status of the Lease. Said standard form Estoppel Certificate shall be completed by City in
<br /> 3/2/2026 Page 21 of 41 Lease Number
<br /> Agency/Program Standard Revenue Lease Form
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