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HomeMy WebLinkAbout1075' ~ . - - - -- ~~~ ~ ~~' S~T. LL'CIE C"U~iTY: Fc:A ~. -~' :9 1NTERFERRNC1ii. Should an adjudication of a c~n~pa4ent court cr r~~uJtion of any fovainment Authority prohibit TENAN9' from establIshtn tta busiaesa on said premiaea ur ordeY 1ENANT to discontinue, in~whola or in part, its bwinesa thereon, than ~ENANT may terminate this lease, unless ouch order results from willful negligence of TENANT in its we of the premises. ' ,, , 20. -~- reaponsible for and keep a l parts of said premises, and adjoining aidewa s, a ap u ap 'Lhe building on the demised preinlsee wish its appurtenanc.~si in good, ~ on, aig¢ht~~yy in appearance, and in good order and repair. LANDLORD shall ~ oss or damage to TENANT'~3 property aus- tait+ed by TENANT resulting rr o ANDLORD to make any of said rr~pairs, provided LAND- LORD has e o make such repairs after receipt of written notice from TENANT. Once every -. Q~'itllpj(116illilinta_ On dami.o.] nrp,n~t~r~ Se s 20-J- 21. CONDBMNATION. If, during TENANT'S occupancy, any part of acid premiaea be condemned for public use under right of eminent domain, and if the remainder of the premises, in TENANT'S opinion, is not suitable for its pur- porea, TENANT may at eta option terminate thin lease, but if it shall not elect so to do, LANDLORD shall restore and rebuild the demised premises to provide TI~:NANT, as far as possible, all :he improvements and building facil- ities existing before the taking, and the monthly rental thereafter to be paid shall be reduced by an amount which bears the acme ratio to that herein provided for as the amount of damages awarded (in excess of allowance for building revisions) bears to the total value prior to each taking. In any such proceeding whereby all or a part of acid premises are taken, whether or not TENANT elscts to terminate thin lease, each partq shall be free to make claim against the condemning party for the amount of the actual provable damage done to each of them by arch proceeding. In the event streets, alleys, or sidewalk t abutting the premises are changed in at~y manner -whatsoever y condemnation or otherwise, by City, State, or arty public authority. in such manner as to injure, in TENANT'S opinion, the ingreea and egress of vehicular or pedestrian trafllc to the premises, TENANT may cancel this lease. ... ~ , 22. FIXTUREd. TENANT may, upon vacating the premiaea, or at any time during the continuance of eta tenancy, re- • move all shelvinn and flatures, equipment, or othsr personal property of TENANT, improvements or botiding appPurtenances w~iich it may have installed or placed at its own expense on said premises, or otherwise acquired. TENANT ahn~i repair any damage to premiaea caused by such removal. - • 23. RENEWAL. TENANT at~811 have the right to renew or extend the within lease for a period of ......:...F.'.~.Y6.---~~,~ yearn, following the expiration of the original term hereof ~ ~.-..:--••••-•-•-• • ~~•~ at the same rental . ~~~''~ per month, and under the same terms and conditions as for the original term as set out herein. In the event TEN- ANT exercises this option to renew or extend, written notice thereof shall be given LAN yQRD at 1e~ast iwi~y (ii~iw}~e prior to the commencement of such renevrg? or extension period. 31X ~6) mOntIIB 24. RENEWAL. TENANT shall have the sight to renew or extend the within lease for a period of ....~.'~..~.V@....~.~~....... years, following .the expiration of the renewed or extended term provided for in Section 23 hereof, +~f+rrs e-~:. yea d.7-~C ,,,.,,,,,,,, ~ ^~~~ at the same rental . .. . . . . ....................................................................... er munth, and under the same terms and conditions as for the original term sa set out herein. In the event TENANT exercises this option to renew or extend, written notice thereof shall be given LANDLORD at least tis ' prior to the commencement of such renewal or ex- tension period. 3 X 6 months ~5. - ................................ years, following the expiration of the renewed or extended term prorded for in Section 24 hereof ng on the first day of ..... ............................... 19........:., at a rental o .............. -•------..............................................-.......... . ... .............. .. ..r month, and under the same terms and conditions as for the original term as set~~yt.-herEt n the event TENANT exercises this option to renew or extend, written notice thereof halt-b~'gi~n LANi~LORD at least thirty (g0) days prior to the commencement of such renewal or ex- 26. FIRST RElFtT9AL TO PURCHASE. During TENANT'S occupancy under this lease, or any extension or renewal thereof, 'TENANT shall have ftrat rEtusal option to purchase the demised premises only, upon the same terms and conditions as contained in anq valid, acceptable, bona ftde offer LANDLORD, or LANDLORD'S successors may receive. LANDLORD shall promptlg send to TEIv'ANT a copy of such offer or communicate the complete ~etaila of such offer to TENANT to writing signed by LANDLORD. TENANT shall have ten (10) 9aya after receipt from LANDLORD of the copy or complete details of such offer within which time to exercise said option to ur- chaae. If TENANT exercises such option, LANDLORD shall deliver to TENANT current title insurance policy, or title certificate, or abstract of title brought down to date satisfactory to TENANT and showing title to be merchantable, free and clear of ail liens, easements, and encumbrances, except such as are approved as part of acid offer to purchase, and transfer of title by LANDLORD to TF•NANT shall be effected by warranty deed convey- ing such merchantable title. _ , 27. FIRST REFUSAL TO LEASE. During TENANT'S occupancy under this lease or its renewal or extenaio~i, TENANT shall have first refusal option to lease the aemised premises only for an additional term upon the same terms apd conditions as contained in any ~•alid, acceptable, bona tide lease nf"ai• LANDLORD, or any aubaegaent LAND- LORD, may receive. TENANT shall have fifteen (16) days after receipt from LANDLORD of written notice of such o}3'er (with certified full written statement of such offer or certited copy thereof) within which time to exer- cise said option and accept any such lease. 28. II'flt _ ° shall expect or de:hard that TENAN vacate the premieea upon the expiration of this louse - a ere- of. If TENANT should continua to occupy the prem~sea without having exe on to renew (if any) or without an agreement in ~criting as to the terms of such co ss on (e.en though such continued occu- pan:.y would extend the tenancy into a re en such additional tenancy shall be on a month-to- month basis at the same er t e same terms and conditions sa p:ovided in this lease or last renewal thereof rn ~°~_ _ + continued possession, the month to-most}: tenancy created thereby may be canceled at THIS SECTIOII I?~ISTED BX ~}ZROR Alv'D F~IIISTAT~D AS SECTIOhY 24-~ 29. If: ~2~`~ ~ buairresa on the premiaea under exiatirg or pres+e;tt laws, re ulations and rails 'ouu . of such - tAxes should at any time exceed by more yhaq Three Hund per year the present total amoua~ thereof, 2nd L-ANDLORD derlinea t~ NANT for such. portion thereof in excess of such . • Three Hundrzd~,nllas..Eic1~6~A{'*rurea~se, Tl!.?dANT may at Zts albctlon as6u:ne'the burdQn Rhereof or cancel this 6i' . i . l GIs ~ i.-