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VMW <br />Page 13 <br />CM <br />with all bonds issued for financing the Project (including <br />both Act No. 9 Bonds and Amendment No. 49 Bonds) have been fully <br />paid and discharged, all rental payments shall be paid to the Lessor <br />by the Lessee paying the same directly to First National Bank, <br />Batesville, Arkansas, for deposit in a Special Trustee Account <br />in said Bank pursuant to the provisions of an agreement between <br />Lessor and Independence County declaring their respective interests <br />in the Project and in this Lease Agreement, hereinafter referred <br />to and described. <br />Section 205. Lessee further covenants to pay, as <br />additional rent, all costs, expenses, liabilities, obligations <br />and other payments which Lessee in any of the provisions of this <br />Lease Agreement assumes or agrees to pay and in the event of any <br />failure by Lessee to pay any of the same, Lessor shall have all <br />the rights and remedies provided for in this Lease Agreement, or <br />at law or in equity in case of nonpayment of the basic annual <br />rent, subject to the provisions of Section 702 hereof. After the <br />Amendment No. 49 Bonds and the Act No. 9 Bonds have been issued <br />and the proceeds of the sale thereof have been deposited in the <br />Construction Funds specified in the Ordinance, Trust Indenture <br />and County Court Order, the basic annual rent and additional <br />rent shall be paid by Lessee without notice or demand and without <br />abatement, deduction, counterclaim, set-off or defense arising <br />from any circumstance whatsoever, whether now existing or hereafter <br />arising, including without limitation: (a) any prevention or <br />curtailment of or interference with any use of the leased premises <br />or any part thereof for any purpose as a result of any legal <br />requirements (except as otherwise provided in Article X in <br />connection with the taking of the property), or (b) any damage <br />to or destruction of the leased premises or any part thereof, or <br />(c) any default of Lessor under Article I or under any other <br />provision hereof. The foregoing obligation to pay basic annual <br />rent and additional rent shall cease in the event of a purchase <br />of the leased premises by Lessee pursuant to any option it may <br />have with Lessor pertaining to said purchase and the payment of <br />