Laserfiche WebLink
Tenant's -interest. The purchase price shall be the sum of <br /> Dollars <br /> Landlord shall, within thirty (30) days after HUD gives such notice, execute and <br /> said fee simple interest and any interest in Tenant's Improvements. Nothing in this <br /> Intentionally Omitted <br /> 8. Conveyance by Tenant. If approved in writing by HUD in advance, the Tenant may <br /> convey. assign, transfer, lease, sublease or sell all or any part of its leasehold <br /> interest in the Property without the need for approval or consent by any other person <br /> or entity. <br /> 9. Insurance. <br /> (a) Insurance policies shall be in an amount, and with such company or <br /> companies and in such form, and against such risks and hazards, as shall be <br /> approved by Lender and HUD in accordance with Program Obligations. <br /> (b) The Landlord shall not take out separate insurance concurrent in form or <br /> contributing in the event of loss with that specifically required to be furnished <br /> by the Tenant to Lender. The Landlord may at its own expense. however. <br /> take out separate insurance which is not concurrent in form or not <br /> contributing in the event of loss with that specifically required to be furnished <br /> by the Tenant to Lender. <br /> 10.Condemnation. <br /> (a) If all or any part of the Property or the Improvements or the leasehold estate <br /> shall be taken or damaged by condemnation, that portion of any award <br /> attributable to the Improvements or the Tenant's interest in the leasehold <br /> estate or damage to the Improvements or the Tenant's interest in the <br /> leasehold estate shall be paid to Lender or otherwise disposed of as may be <br /> provided in the Security Instrument. Any portion of the award attributable <br /> 4936-6057-3568 v3 <br />