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.l~l~s'~1t~NrI' acknowledges that it is familiar with the language and provisions ol`C'alilornia Civil C'czde <br />~ectiozz 1 ~~? Lvluch provides as follows: <br />~ ~eneresl ~-z71c>czse daes nf~t extend ttz t•laims rz~hit~tz the creditor dvcs »c~~t f~»r~sv nr str.4[7czC't tc~ c~.~ist <br />in ~ai,~~ jrrvr~r rxt t~sc tinse aft'-xeczrtirzg thc~ relc+crse, iz~Tzich. r,'f~knrn~rn ht hitn, raaat.~t hczzre frtuterrrrll} <br />affi,~c°tc~d his settlenzerzt zvit~t tae deL~tr~r. <br />.I.1 ~IA'ti'7:', being aware of` and understandizlg the. terms iz1" section l 542, hereby waives all benefit c>f` its <br />provisions to the t;xtent described in this paragraph. <br />11. T~XE'~ ANn ~~SFSS:VIIH:N`1'S (YMC;El l.2 S) <br />"Phis Lc,ase. tray create a possessczry interest which is subject tc> the payment of tttties levied on such <br />interest. It is tznelerstood and agreed thzzt all taxes and assessments (including but not limited to said. <br />poss~;ssory isltcrest tax} which becc:sz~e due and payable upon the Premises or upon fixtures. er{tsipment, <br />or other property installed or constructed thereon, shall be the full responsibility of'1'l'~JA~'1', and <br />"I l V~=ylv`1' shall cause said taxes and assessments tc3 k~e paid promptl~~. <br />12, SUCCESS{)RS iN IN7'FRI;4"I" (PiVIC~)H:12.2 5} <br />I7nless othes~~vise provided in this Lease, the forms, covenants, and conditions ccsntained herein shall <br />ap}~ly to and hind the heirs, suc.ccssors. executors< Ezdminstrators anal assigns of all the parties hereto, all <br />cafwhom shall be jt}isztl~- and sGr";rally liable her~,und~r. <br />1.3. C'1RC;LI:V15'I'A~C:ES WHICH F;hC'US)H: PF,RF()1t1VtANCE (Pl~I(~E13.2 ~} <br />if ~:ither p:~t-ty shall. be delayed or prevealted li-czzn the performance of rzszy act required l~z;reunde:r by <br />reasc3n of Acts of E~od, restrictive governmental laws or regulations, or other cause without faalt and <br />beyond the contrczl tsf the. party obligated (financial inabslity excepted}, performance: of such act shrill be <br />excused titr the period of'the delay and the :period for the performance ol'any such act shall be extended <br />.for ti period equivalent to the period of such delay. I Io~ve;~-c,r, aotlaing izz this C:ltzttse shall excuse <br />`l'1~:iU.~1)ti`l' from the pronzl~t payment of any rental c>r other charge reclure:d of "1`l::N~~l~l~ except as may be <br />expressly provided elsev4=here in this I:ease. <br />l~. 1'ARTIaL INVALIDITti' (PMC=E1~.2 S} <br />if any term, covenant, condition, or provision of this l,e ase is held by a court of competent jurisdiction to <br />be invalid, void, car uzlenforceable, th; rezxzaindcr of the provisions hereof'slrall remain in full force 4znd <br />effect and shall in no ~~~ay be alfectecl, impaired, tzr invalidated thereby. <br />15. W~Ai'4%1~'.It ()l~ [tICYH'I'S (1')i~~C.F 1.5.2 S} <br />The failure of D1ST`Rl~"I' or "I'}v~it~1~•I`l' to insist upon strict perfi~rmarzce of any cif the terms, cot-en~uits, <br />or conditions of this Lease shall not bc: d~:emed a waiver o~l'any" right o.r re;ntedy that l~IS1`RIC"l' or <br />`l'l~'vf1N"I° znay hare., and. shall not lx' deemed a waiver of the right to require Stria perf'c>rznance of all the <br />terns, covenaszts asid conditions of tl~e f,ease tltes-eatter. nor a «~~river of any resxzedv for the subsequent <br />breach or default of any tersr~, covenant, or condition of`thc I,e;asc. :1ny ~vaives~, in order to bc: effective, <br />must be si~,zzLd by the party ti~,~hose right or remedy is being, ~~-awed. <br />Stu3ia.=~n;~ 32ive~r i°hannil (L~t71-f215S;?'} n1 <br />€ "ih! Sls~ii "1'riau~lc 3:t:as~ {1~E:4' f)R.l .t)~S} <br />20C-46 <br />