Repository: UIHistories Project: Board of Trustees Minutes - 1936 [PAGE 856]

EXTRACTED TEXT FROM PAGE:

i936l

UNIVERSITY OF ILLINOIS

853

E I G H T H : T h e Lessee shall have the right to erect new buildings, structures, improvements and fixtures upon the demised premises subject, however, to the prior written approval of the Lessor, any such buildings, structures, improvements and fixtures to become the property of the Lessor (subject, however, to the rights of the Lessee hereunder). The Lessee covenants that no building, structure, improvement or fixture now or at any time hereafter erected upon the demised premises, or any part thereof, shall be altered or changed in any material manner, without the prior written consent of the Lessor. N I N T H : T h e Lessee will not suffer or permit to attach, nor will it do any act or make any contract that may create or be the foundation for any mechanic's or other lien for work, labor, services or materials, or otherwise, on the demised premises or any portion thereof, or on any buildings or improvements erected or to be erected on the demised premises, or any portion thereof; and whenever and as often, if ever, as any such lien or liens shall be filed or shall attach, the Lessee will, within 15 days thereafter, procure the cancellation thereof by paying the same or by giving security therefor or in such other manner as may be prescribed by law. In no event shall the Lessee be authorized or permitted hereunder to contract for any buildings, structures, improvements or fixtures on the demised premises which might in any way entitle any person to a mechanic's or other lien against the reversionary or other interest of the Lessor in the demised premises or any portion thereof. Every contractor, sub-contractor or other person contracting with the Lessee for any such buildings, structures, improvements or fixtures on the demised premises (notwithstanding the fact that the Lessor has consented to such buildings, structures, improvements or fixtures) shall be deemed to have full knowledge that the Lessee lacks power to cause the reversionary or other interest of the Lessor in the demised premises to be subjected to a mechanic's or other lien. The Lessee further agrees that whenever it shall enter into any contract for the alteration or repair of, or for making any additions to or improvements on, the demised premises or the improvements or fixtures thereon, or for the furnishing of any materials or labor to be used in connection therewith at an expense which shall in the aggregate exceed $2,500.00 under any one contract, it will insert in said contract a recital in substance of the foregoing paragraph and a provision whereby the person or persons with whom such contract is made, for himself, itself or themselves and for all sub-contractors, expressly waive the right to file any mechanic's lien or other lien against the Lessor or against its reversionary or other interest in the demised premises or any portion thereof. T E N T H : T h e Lessee shall not assign this lease, or sublet the whole or any part of the demised premises for the whole or any part of said term, or place any tenant upon said demised premises, without the prior written consent of the Lessor and the Trustee. Any consent to any assignment or sublease shall apply only to the assignment or sublease expressly consented to and shall not constitute any waiver of the right of the Lessor and the Trustee to insist upon the securing of such prior written consent to any further or other assignment or sublease, whether by the Lessee, or any assignee or sublessee. E L E V E N T H : T h e Lessee shall indemnify and save harmless the Lessor from and against any and all claims, suits, actions, damages or causes of action arising, during the life of this lease, for any personal injury, loss of life or damage to property or other reason whatsoever, in connection with this lease or the demised premises, or the buildings, structures, improvements or fixtures thereon or the appurtenances thereto or upon the adjacent streets or roads, and from and against all costs, counsel fees, expenses and liabilities incurred in and about any such claim, the investigation thereof, or the defense of any action, or proceeding, brought thereon, and from and against any orders, judgments, or decrees, which may be entered therein and against any and all costs, expenses, claims or obligations (for whatever cause) which would or might diminish the net return herein provided to be paid to the Lessor.