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Lcase, [.essee shall bc relcased lrorn any fLfthcr<lbligation underthe l.ease. Provided, in the evcnt of a partial assignment. thc Lessee and the assignec shall rcrnain and be jointly and sevemlly liablc fbr all Lessee obligations undcr thc Lease, and all referenccs to Lcsscc in the Lcase shall then and thereaftcr be deemed to includc any and all parlialassignees. 10.2 Assignment by Lessor. Lessol shall have the right, in Lessor's sole discretion, to assign anyof its rights underthis Lease (and in connection thcrewith, shall bedeemed to have rlelegated its duties), and upon any such assignment, Lcsscc agrees that l,essee shall perform its obligations underthis Leasc in flavor of such assignee. 10.3 Transfer Fee. Each time the right to occupy a hangar unit is transfened by an assignment, sublcase or sale, the Lessce shall pay the l.essor a surn of $525.00, as an adnrinistration fbe. 10.4 RBETI. Kittitas County reserves the right to impose the RFIH'I' I tax on all sales of leasehold irnprovements per RCW 82.46,010). Any city, town, or county may impose a 0)5% real estate excise tax - known as REET I or the "ftrst quartcr pcrccnt". lf a county imposcs this tax, it is applied within the unincorporated areas only' 10.3 Encumbrances. Lessee shall not sncumber or permit the encumbrance of any real property at the Airport but not including the Prernises. Lessee shall not encumber or pcrmit the encumbrance of any of Lessee's rights under this Lease without Lessor's prior written consento which consent shall not be unreasonably withheld or delayed. Any purported encumbrance of rights in violation of this Section l0 shall be void. ln connection with Lessor's conscnt to any encurnbrance, at a minimum the following shall apply: (i) such encumbmnce shall only encumber Lessee's leasehold interest for the purpose of securing financing for Lessee 's authorized improvements and no other encumbrance shall be permitted; (ii) such encumbrance shall bc subordinate to Lessor's interests; (iii) the lienholder must agree to maintain current contact information with Lessor and provide Lcssor with concurrent copies of any notices or communications regarding a default; (iv) any defaulf relating to such encumbrance shall be a default of this Lease; (v) such encumbrance shall terminate on or before the Expiration Datc and the lienholder must agree to promptly remove such encumbrance when the obligation that it securcs has been satislled; and (vi) Lessor shall have no financial or other obligations to lienholder except as providcd in this Section 10.3. lf, while such encumbrance is in effect, Lessee defaults under such encurnbrance or this Lease and. if such licnholdcr is in compliance with thc provisions set forth in this Section l0 and cures Lessee 's defaults of this Lease within thirty (30) days after the first such default, Lessor will permit such lienholder to provide a substitute [,essee, which substitute Lessec must be acceptable to Lessor in its sole discretionundertheprovisionsofsection 10.[,solongassuchlienholderftrllyperlbrrns this Leasc. lf such lienholder fhils to comply with any of the foregoing requirements, such failurc shatl be a default of this l,ease and Lcssor rnay at any time and subject to the terms of Scction l2 terminate this Lease and exercisc any rights hereunder, including, but not Iimited to, those sct tbrth at Sections 12 and 6,4, l,essor shall have no obligation to provide any other notices to any lienholder, and Lessor shall have no liability of any kind to any lienholdcr. SSEE#Fv-LD M rAA l6 L EssoR-E)-