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Agenda - Council - 10/11/2016
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Agenda - Council - 10/11/2016
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3/17/2025 3:53:36 PM
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10/26/2016 9:25:48 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
10/11/2016
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12, Onerating Expenses. LESSEE'S share of the operating expenses for the Premises <br />shall be $250.00 per month which amount shall be paid to LESSOR on the first day of each month <br />during the Lease Term. Said monthly operating expense shall be deemed additional rent as defined in <br />paragraph 4 above. <br />13. 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 the <br />foregoing being hereinafter referred to as an "Assignment"). <br />14, Destruction of Premises. If 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 Premises are damaged but not rendered wholly untenable <br />and the damage can be fully repaired in ninety days, rent shall abate in proportion as the Premises have <br />been damaged, and LESSOR shall restore within said time limit, whereupon rent in full shall re- <br />commence. Should LESSOR fail or refuse to fully repair the Premises within said ninety days, <br />LESSEE may terminate this Lease agreement. <br />15. Removal of Fixtures. LESSEE, prior to the expiration of this Lease or renewal <br />thereof, may remove all fixtures and equipment, which it has placed in Premises. LESSEE shall repair <br />all damage caused by removal of fixtures or equipment. <br />16, Entry by LESSOR. LESSOR may at all reasonable times enter to view the Premises, <br />to make repairs or show the premises to persons who may wish to Lease or buy the same. <br />17. Default. If the LESSEE defaults for ten days after written notice from the LESSOR in <br />paying any rent or if the LESSEE shall be declared bankrupt or insolvent according to law or shall <br />make an assignment for the benefit of its creditors or if the LESSEE shall violate or default in any of <br />the other covenants, agreements, stipulations or conditions herein and such violation or default shall <br />continue for ten days after written notice from the LESSOR of such violation or default, then and in <br />such case the LESSOR lawfully may immediately, or at any time thereafter, and without notice or <br />4 <br />
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