HomeMy WebLinkAbout1700 : . ' ~ ' .
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~ , ~ ~ 1A/~11 ~=O~i ~~tA~ ZO ~Ql~ i~~l'd t0 ~ 1~j103~ ~ Z~~aQ
~ j ~ _ seqae~~, .~vfd6~~~ o~ the cost. ~s co~t ti~use• may cbaa~e d~?sin the
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; - pro~ress ot the wosk, . snd whaaever the co~t has r~ach~d s tiause where: . "
; the amou~at nscesaary ta ca?rsy tbe work thsou~h to co~apietioa s~d to .
3 ~ procuse ~uil snd ~inal an~iver aod ralea~es tso:a atl pes~on~ who bavs .
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• fusoi~had work, lsbor. rervica• ~d m~tssista to the job is aaose tL~w the ~ `
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i i s~aoua?t: rea~sininQ ia the s~csovn tuad, the I~S~E vvl,!! forthwith pay iato
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. ssid~ tuad, upoa demand ot tbe LESS4A.. s sufficieat aaaouat to aiske the
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~ ~ undi~tributsd bslsnce.at th~. fund suf~icieat Zo pay the b~lsnce o~ the cost
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. ~ •af the work snd no progress psyrneats a• herainsbove providad for sbstl - -
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~ be m~?d~ white thi I~SSEE ii ia defsult iu ~~rni~MnR cost ti~urea or in
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. . snsking additfooal psqmeat~ into the escsov~r tund as hesein prasrided; snd, -
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- ~ _ - - - 2. ~ II~i ANY EYENT, the ~xork of r~~QU~tzu~ctton,.._sep~,is ~?nd_se-
: - gtsceaaent u?wt be o~~ equ~sl qu~s~lity sr~d s vslue af not le~~ than the .v~tlaa ad
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. ~ th~,.building os the portion th~raof tLan bein~ demoli~hed snd seplsced aad ~
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i . -=epaised. . _ . . . .
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~ 3. FOx THL PURPOBE QF _THI$ SECTIOI~i OF THE. I.F.ASE, no
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wosk ~ will be deeu~ed s"denaolitioa" or s a~ jor repair so ss to briaQ it T;
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~ a - within the terms af this saction cf the lea~e unle~~ it conatitatei eitber 'i
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~ .t1ie sctual deatsuctioa o~ s buildin~ os s•uba~~, past ~thereof or unle~a ~
~ it constitutea a remodelia which fn sub tsn r
~ . - g , • ce, equirea .the tearin~ down . : . ,
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~ o~ s .~ubstantial part af a building. ~ , - , . -
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. . . . ARTICLE XXII . : .
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~ - , ;rs ~ EFFECT- OF TERMINATIQN: . . , . ' ~ ~ • - - ,
~ ' . _ It is further iatended, undes~tood snd sRiesd by and~bstwssn the
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~ I.~.SSOR and. LES&EE that in ths event:ai the teraiin~?~tom ai tbis lea~e sad .
o~ the tesm provided tor herain at aoy t~ne befor~ tha exp~ratioa af aaid -
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~ tesna, sa bereby crea~tid, ~os tha bresch o~f sap of tbe coveosats .hssein . ~
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~ • contsined, then snd ia auch evant sll. ot the right sad interest o~ the ~
x . I.~SSEE ia aad und~r this lesse s~ssement sad iu snd t~ the de:aised psea isas
i bereiasbove described, and sll improve:aents, buildia~s .snd per~o~al
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- property, together ~rith anY sad sll ranta, ~iasw~ snd pratits a~ t~?a s~n~;
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. - - and the ianprove~neats thareoa, whether then accsued or to ~~4sus, al~sll~
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~ ~ v~ithout sny ca~apeaastio~n bein~ msde th~sefos unto th~ I~. st on~~ ps~a :
~ ~ . to snd beconis the psqperty o~f the ITl.SSO~. aot ss s ps~Uy f,ar tosteituse but
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as 3iquidstad, a~ra~d sad stipulstad d~aaQi~ to. tlu I+~SSO~T? be+rswe .o~ .
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such ~de,fiult by th~ I..T.SS~EE h~areby ~d snd igsaa~t: ~paa~ ~he~wr~eq tkr
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p~rtias hereto. Both' oi tha gsrtleo hsseto reao~datn~ l~agos bili~tj?, ~
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