Laserfiche WebLink
20 . NOTICES . All notices hereunder must be in writing and shall be deemed <br /> validly given if sent by certified mail , return receipt requested or by commercial courier, <br /> provided the courier's regular business is delivery service and provided further that it guarantees <br /> delivery to the addressee by the end of the next business day following the courier' s receipt from <br /> the sender, addressed as follows (or any other address that the Party to be notified may have <br /> designated to the sender by like notice) : <br /> LESSOR : Indian River County <br /> County Administration Building <br /> 1840 25th Street <br /> Vero Beach , Florida 32960 <br /> Attention : Director of General Services <br /> LESSEE : Verizon Wireless Personal Communications LP <br /> d/b/a Verizon Wireless <br /> 180 Washington Valley Road <br /> Bedminster, New Jersey 07921 <br /> Attention : Network Real Estate <br /> Notice shall be effective upon mailing or delivering the same to a commercial courier, as <br /> permitted above . <br /> 21 . SUCCESSORS . This Agreement shall extend to and bind the heirs , personal <br /> representatives , successors and assigns of the Parties hereto . <br /> 22 . SUBORDINATION AND NON-DISTURBAN E . At LESSOR ' s option , this <br /> Agreement shall be subordinate to any mortgage or other security interest by LESSOR which <br /> from time to time may encumber all or part of the Property or right-of-way ; provided, however, <br /> every such mortgage or other security interest shall recognize the validity of this Agreement in <br /> the event of a foreclosure of LESSOR 's interest and also LESSEE ' s right to remain in occupancy <br /> of and have access to the Premises as long as LESSEE is not in default of this Agreement . <br /> LESSEE shall execute whatever instruments may reasonably be required to evidence this <br /> subordination clause . In the event the Property is encumbered by a mortgage or other security <br /> interest , the LESSOR immediately after this Agreement is executed , will obtain and furnish to <br /> LESSEE , a non -disturbance agreement for each such mortgage or other security interest in <br /> recordable form. In the event the LESSOR defaults in the payment and/or other performance of <br /> any mortgage or other security interest encumbering the Property, LESSEE , may , at its sole <br /> option and without obligation , cure or correct LESSOR ' s default and upon doing so , LESSEE <br /> shall be subrogated to any and all rights , titles , liens and equities of the holders of such mortgage <br /> or security interest and the LESSEE shall be entitled to deduct and setoff against all rents that <br /> may otherwise become due under this Agreement the sums paid by LESSEE to cure or correct <br /> such defaults . <br /> 23 . RECORDING . LESSOR agrees to execute a Memorandum of this Lease <br /> Agreement which LESSEE may record with the appropriate Recording Officer at the sole cost of <br />