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HomeMy WebLinkAbout1786 4. ~11 p~raanal psap~rty plac~d on or ~ov~d in th~ pr~r?- isea ahall b~ at tb~ ri~k of Iw~s~~ or tabe ~rn~r th~r~of. 5. ~'he I'w~sN aball ~osply Mf tb all ~tatut~s, ordinaace~, rulea and r~qulationa of qov~r~Atal authoriti~s. 6. 2a th~ ovent tbe praai~e• ar~ ~~~troy~d or da~ag~d by aay caaualty,tho L~ssor shall hav~ tlu optio~ to r~nd~r th~ prr- i~oa tenantabl~ witl~in sixty (60) 8ay~ or canc~l th~ l~as~, in vhich ~v~at th~ r~t sl~all be paid only to data of ca~ualty. 7. T'he L~is~e pl~dqss ~nd assigns to th~ Lessor all qoods and chatt~la of tho L~~ses which ~ay be pz~ on said premiaes as secnrf ty for th~ pa~yaent of rent. 8. ~'h~ i,~asor ahall havs the ri3ht to eAtsr the preoise• durinq reaeonabl« bour• to exaa~ine ~ame. 9. T'hs Leaseo aqreas to accept tha pr~aisa• in th~ con- dition they ar~ at tlss beginniAq of this l~ase aad to maiatain aaid pre~af.aea in tbe aa~e co~adition ~xceptinq oAly reaaonabla wear and teas. 10. ~t is expre.~ly agread and und~rstood by the Lss~ee that tbe Leesor aball not ba liable for any daeage or 1Ajury by . water, except that re~ultinq fx"dn the negliqance of the landlord. 11. ~his cantrict ~hall bind the h~irs, a~siqns, adisf~i- strators, l~qal r~presentativ~s, exeeutors, or aucces~ors a~ the c~tse a~ay be of ~acb o~ the parties. 12. Z'he Iwsaee sball c~a~ait no actioa of wa4te aor abindon or vacat~ th~ pr~ais~ os permit tb~ rents to b~ in asreara. for mor~ than 15 days far the Leasor may at ]~ia aption, forthr+ith, caacel this lea~et and, roau~?s poas~saion of the praperty and rs- cav~r from the L~a~~s a fafs rsntal valu~ of tbo property for the r~aind+sr of t2i~ leaa~, and tba twssor ~hall r~cavar all expsases, includinq r~a~oaaabl~ attorney fNS. - 2 - ° 600K.47~ PAGE1~Q~r