Laserfiche WebLink
20. Subordination of Lease to Mortgage. Tenant agrees that this lease and all rights of Tenant <br /> hereunder shall be subject and subordinate to all present and future mortgages made or to be <br /> made by Landlord as security for any indebtedness of Landlord; provided, however, that the <br /> mortgagee shall agree to recognize this lease in the event of foreclosure and will cause the sale <br /> of said premises to be made subject to Tenant's lease, provided that the Tenant is not in <br /> default under any of the terms, conditions, or covenants of this lease at the time of such <br /> foreclosure. <br /> • <br /> 21. Leasehold Improvements and Drawings. Landlord shall build out for offices as required by <br /> County and cost of this build out is amortized over the term of the lease. <br /> 22. Additional Construction or Remodeling. Landlord reserves the right to remodel, repair, paint, <br /> or renovate the said building or do additional construction at any time to the extent that it does <br /> not compromise the integrity or the security of the demised premises. Said work shall be <br /> undertaken by Landlord with minimum interference or inconvenience to Tenant's use of the <br /> premises, and any interference or inconvenience resulting to Tenant or its use of the premises <br /> shall not constitute a breach or violation of Landlord's covenant of quiet enjoyment or any <br /> other covenant. If Landlord's additional work requires entry into Tenant's premises, Landlord <br /> and Tenant shall enter into a written agreement on the terms and conditions of such entry and <br /> work. <br /> 23. Non - Waiver of Breach. The acceptance of rent by Landlord shall not be deemed a waiver by <br /> Landlord of any breach by Tenant or of the right of Landlord to terminate this lease for any <br /> such breach, and that the failure of Landlord to insist upon strict performance of any covenant <br /> or condition of this lease, or to exercise any option herein conferred, shall not be construed as <br /> a waiver or relinquishment for the future of any such covenant or condition but the same shall <br /> remain in full force and effect. <br /> 24. Notice. <br /> a. Notices to the Tenant. All notices to be given to the Tenant should be given in writing <br /> and by depositing the same in the United States mail, registered or certified, postage <br /> prepaid, and addressed to the County of Hawai`i at 25 Aupuni Street, Suite 1101, <br /> Hilo, Hawai`i 96720. <br /> b. Notice to Landlord. Notice to Landlord shall be given in writing personally to an <br /> agent or employee of Landlord or by depositing the same in the United States mail, <br /> registered or certified, postage prepaid, and addressed to Landlord at 1962 -B Wells <br /> Street, Wailuku, Hawai`i 96793 or at such other addresses as Landlord may give to the <br /> Tenant in writing from time to time. <br /> c. Time of Service. Any written notice sent by registered or certified mail shall be <br /> deemed to have been served as of the date it is mailed in accordance with the <br /> foregoing provisions. <br /> 64006032 - 6 - <br />