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HomeMy WebLinkAboutDaktronics - Hillcrest StadiumREAL PROPERTY WAIVER For good and valuable consideration, receipt of which is hereby acknowledged, the undersigned ('Undersigned'), being Landlord of certain real estate known as 2800 Owen Street Ammon, ldaho ("Premises"), now being occupied by Teton Motors, lnc. ("Occupant'), and Occupant having granted to Verdant Commercial Capital, LLC, and its successors and assigns, 9987 Carver Road, Suite 1'10, Cincinnati, OH 45242 ("VCC') a security interest in, or leased from VCC, the following personal property (the "Equipment'): SEE SCHEDULE'A" ATTACHED HERETO AND MADE A PART HEREOF does hereby agree that the Equipment is to remain personal property notwithstanding the manner in which it is affixed to the Premises and that VCC or its assigns or agents may remove the Equipmeni from the Premises whenever VCC or its assigns may deem necessary to protect its interest. The Undersigned waives any right it now has or may hereafter have at law or by the terms of any real estate lease now in effect or hereafter exec,uted by the Undersigned and/or the Occupant and/or any other person having an interest in the Premises to levy or distrain upon, for rent, in anears, in advanc€ or both, or to claim or assert any title to, lien upon, or interest in, the Equipment. This Real Property Waiver shall inure to the benefit of the successors and assigns of VCC and shall be binding upon the heirs, personal representatives, successors and assigns of the Undersigned. The Undersigned shall provide written notice of this Real Property Waiver to any such successors and assigns IUWITNES.S WHEREOF, the Undersigned has caused this Real Property Waiver to be duly executeO as of tnis-ftay of(luLfiturt ,202s. 0 fW*w itt, &*+ SolnU Drsr 49 (Company Name) By: Name: Title: STATE OF COUNTY rlYWv Notary Public On this day of known and known to me to be acknowledged to me that he/she executed the same as his/her free deed 2ql3berore me personary u . ?A*L tJArlt ) t ,o ^.described in and who executed the foregoing Real Property Waiver, and he/she duly Landlord Waiver - All States Page 'l of 2 Schedule A to Real Property Waiver Descriotion of Eouioment Daktronics Live Video Display with lnstallation All property listed above complete with any and all attachments, accessions, additions, replacements, improvements, modifications and substitutions thereto and therefor and all proceeds including insurance proceeds thereof and therefrom. lnitials: Landlord Waiver - All States Page 2 ol2 REAL PROPERTY WAIVER For good and valuable consideration, receipt of which is hereby acknowledged, the undersigned ("Undecigned"), being Landlord ofcertain real estale known as 2800 owen street Ammon, ldaho ("Premises'), now being occupied by Teton lilotors, lnc. (.occupant',), and Occupant having granted to Verdant Commercial Capital, LLC, and its successors and assigns, 9987 Carver noaa, SuitL I f6,Cincinnati, OH 45242 ("VCC") a security interest in, or leased from VCC, the following personat p;operty (the ,,Equipment"): SEE SCHEDULE "A" ATTACHED HERETO AND MADE A PART HEREOF does hereby agree lhal the Equipmenl is to remain peGonal property nolwithstanding the manner in which it is affixed to the premises and thal VCC or its assigns or agents may remove the Equipment from the Premises whenever VCC or its assigns may deemnecessary to prolect its interest. The Undersigned waives any right it now has or may_hereafter have at law or by thie termi of anyreal estate lease now in etfect or hereafier execuled by the Undersigned and/or the bccupant and/or any other person having aninterest in the Pjemises to levy or distrain upon, for rent, in arrears, in advance or both, or to claim or asseri any titl; to, lien upo;, orinterest in, the Equipment. This Real Property Waiver shall inure to the benefit of the successors and assigns of VCC and shall be binding upon the heirs,personal representatives, successors and assigns of the Undersigned. The Undersigned shall provide written notice of this RealProperty Waiver to any such successors and assigns.,,/ lN)-VITNESS WHERE^OF. the Undersigned has caused this Real Property Waiver to be duty execuled as of lhis_:L day of/ e2t, .2023.-..7_--- /a/on I a) (t-By, Name: Title: STATE OF I COUNTY OF acknowledged to me that he/she executed lhe same as his/her free act and deed -..-to me and he/she duly Landlord Waiver - AI States Page 1 ol2 20Q, belore me personally came known and known to me to be'the indivadual OescriOeO in and who executed the Schedule A to Real Property Waiver Descriotion of Eouioment Daktronics Live Video Display with lnstallation All property listed above complete with any and all attachments, accessions, additions, replacements, improvements, modifications and substitutions thereto and therefor and all proceeds including insurance proceeds thereof and therefrom. 4'4,/lnitials: I Landlord Waiver - Allstates Pago 2 otz