Ordinance 1818-91 - Laserfiche WebLink

under Snohomish County Auditor's Reference No. subject to the City's rights therein. B. All of Lessor's Seller's right, title and interest in the Improvements constructed on the Property pursuant to and in that certain construction contract by and between City and Lessor Seller dated , including Amendment No. 1 thereto, but excluding Lessor's Seller's express and implied warranties with respect to said construction and Improvements which are retained by and shall continue to be the obligation of Lessor, Seller, and subject to the City's rights therein. The street address of the Improvements is as follows: 5920 Glenwood Avenue, Everett, WA 98203 C. All of Lessor's Seller's right, title and interest in the Amended and Restated Lease by and between City and Lessor Seller dated , a memorandum of which is recorded under Snohomish County Auditor's Rcfcrcncc No. , subject to the City's rights therein. D. In the event the Amended and Restated Lease is ever deemed by a court of proper jurisdiction or otherwise to evidence a sale of the Improvements and the retention by Lessor Seller of a security interest in said Improvements, all of Lessor's Seller's right, title and interest in said security interest. The Improvements, Amended and Restated Ground Lease and Amended and Restated Lease as assigned shall be held under the Trust Agreement for the benefit of the Underwriter or its designees from time to time. The Lessor Scllcr also hereby delivers the original fully-executed Amended and Restated Ground Lease, Amended and Restated Lease and a statutory warranty deeds to the Improvements to the Trustee. This assignment is made without recourse against the Lessor Seller for any sum due or to become due under the Amended and Restated Lease. DATED this day of , 19 LUMPKIN, INC. , as Lessor By Title E-2