HomeMy WebLinkAbout1787 13. I.~~se~ aqr~~• to pay tb~ coat of coll~ction~ aY?d all
Court costs and attorn~y !N• aa a~ay part o~ th~ su~tal that a~ay
bs collect~d by suit or attora~y alt~r th~ aams is paat du~.
14. T'hat if th~ L~a~r~s b~coa• in~olv~At or d~fsadant in
a bankruptcy procsedinq, th~ twasor is authori=s8 to canc~l th~
l~as~ fortbavith. as !or a d~tault.
15. ~'hat no r~ceivr, trust~e or othsr judicial offic~r
ehall have any riqht, titl~ or int~re~t fA th~ abov~ deseribsd
proporty by virtue of thi.s contract or l~as~.
16. It is bereby uadsrstoal and aqs4~d that all afqn•
aad alt~rationa to the bui183.ng ahall first bo aubmitt~d to th~
i,eesor for approval, and safd approval ehall not be unreasonably
wit2iheld and 8hall not be unrsasonably delayed.
17. ~h~ Isseor qrants and qives unto tbe Lesaee t~ riqht
and option to renew this leaao for the furthar ter~ of Five (5)
years commsncfnq at the ~xpiratioa of thi.a l~ase, upo:? the •ame
t~s~aa and conditiana ~xcept that t.l~e monthly rental shall be ~ro
Hundred and no/100 Dollar• (~200.00) payable in tba same ~anner a•
~
I the $175.00 a month rantal harefn set forth. ~ny of the riqhts
i
i
and optio~ns herein qiven shall autanatically be exercisad and con-
sidered to be accepted by tha parti~s hor~to unless vritten notice
to the coatrary that aaid riqht or option is not to be~_acceptsd os
exerefssd at lea~t thirty (30) days befora th~ expiration of this
~
loa~e or of each of t2~e rauswal option• her~in qiven. j
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IN y1ITl~8gg t~ABR$OF, the parties hereto have hereunt~o exacuted
tbie instrwaent for the purpo~e herein expressed, ths day. and ysar
first above written.
Sfqn~d, soaled and delivered • •(~L)
i the preseace of: anl T. ~rphy, Jr.. Z ually
- an or of th~ 8stat~
, o Kul Y
~ (8S~L)
As to Le~sor 8 . Bxecutor
of tha B~ta , s ul T. 1~lurphy
LS8
- 3 - ~ooKs?4 ~~E1783
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