Common use of USE AND ENJOYMENT OF THE LEASED PROPERTY Clause in Contracts

USE AND ENJOYMENT OF THE LEASED PROPERTY. The Lessor states that it has clear, absolute and complete ownership title to the Leased Property, and that the Lessee shall have the quiet use and enjoyment of the same. Similarly, the Lessor and the Lessee agree that as provided by the terms of the Laws, this Lease shall survive any ownership conveyance with respect to the Leased Property or the foreclosure of any lien or mortgage of the Lessor over the same, and that any default in payment of such liens or mortgages, will in no way prejudice the terms of this Agreement. The parties execute and sign a copy of the existing protective covenants and restrictions that operate jointly with the Maintenance and Technical Committee, the same being obligatory for the Lessee. Such protective covenants and restrictions are attached hereto as Exhibit “B” and are incorporated herein as if fully set forth verbatim. The Lessor represents that the Leased Property is not nor will be in violation of any of said protective covenants and restrictions and/or the Laws.

USE AND ENJOYMENT OF THE LEASED PROPERTY. The Lessor states that it has clear, absolute and complete ownership title to the Leased Property, and that the Lessee shall have the quiet use and enjoyment of the same. Similarly, the Lessor and the Lessee agree that as provided by the terms of the Laws, this Lease shall survive any ownership conveyance with respect to the Leased Property or the foreclosure of any lien or mortgage of the Lessor over the same, and that any default in payment of such liens or mortgages, will in no way prejudice the terms of this Agreement. The parties execute and sign a copy of the existing protective covenants and restrictions that operate jointly with the Maintenance and Technical Committee, the same being obligatory for the Lessee. Such protective covenants and restrictions are attached hereto as Exhibit “B” and are incorporated herein as if fully set forth verbatim. The Lessor represents that the Leased Property is not nor will be in violation of any of said protective covenants and restrictions and/or the Laws. FOURTH.