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Agenda - Council - 12/09/2008
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Agenda - Council - 12/09/2008
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3/19/2025 9:39:37 AM
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12/5/2008 3:28:42 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
12/09/2008
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receipt of written notice thereof from the LESSOR. The LESSOR shall provide to LESSEE copies <br />of such insurance policies upon reasonable request of LESSEE. <br />12. Assignment. LESSEE will not assign, transfer, mortgage or encumber this Lease or <br />sublet or rent or permit occupancy or use of the Premises, or any part thereof by any third party; no <br />assignment or transfer of this Lease shall be effectuated by operation of law or otherwise, (any. of <br />the foregoing being hereinafter referred to as an "Assignment"). <br />13. Destruction of Premises. If the Premises are totally destroyed (or so substantially <br />damaged as to be wholly untenable) by storm, fire, earthquake or other casualty, this Lease shall. <br />terminate as of the date of such. destruction or. damage, and rent shall be accounted for as between <br />LESSOR. and- LESSEE as of that date. If the Premises are damaged but not rendered wholly <br />untenable and the damage can be fully repaired in ninety days, rent shall abate in proportion as .the <br />Premises have been damaged, and LESSOR shall restore within said time limit, whereupon-rent in <br />full shall re-commence. Should LESSOR fail or refuse to fully repair the Premises within said <br />ninety days, LESSEE may terminate this Lease agreement. <br />14. Removal of Fixtures. LESSEE, prior to-the expiration of this -Lease or renewal <br />thereof, may remove all fxtures and equipment, which it has placed in Premises. LESSEE-shall <br />repair all damage caused by removal of fixtures or equipment. <br />15. Entry by LESSOR. .LESSOR may at all reasonable times enter to view the <br />Premises, to make repairs or show the Premises to persons who may wish to Lease or buy the same.: <br />16. Default. If the LESSEE defaults for ten days after written notice from the LESSOR <br />in paying any rent or if the LESSEE shall be declared bankrupt or insolvent according to law. or <br />shall make an assignment for the benefit of its creditors or if the LESSEE shall violate or default iri <br />any of the .other covenants, agreements, stipulations or conditions herein and such violation or <br />default shall continue for ten days after written notice from the LESSOR of such violation or <br />default, then and in such case the LESSOR lawfully may immediately, or at any time thereafter, and <br />without notice or demand, enter into and upon the -Premises, or any part thereof, in the name of the <br />whole, and repossess the same and expel the LESSEE and those claiming under it and. remove their <br />-4- _51_ <br />
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