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her~in called "partial year", ahall be in tha sama propo~tion
that such remainder bears to a whole calendar year.
Z. When Dus and Pa
~able. Rent for a calendar year
ehall become ue on anuary ~o3~such year and shall be payable
in twelva tlZ) equal monthly instalLnents on the first.day of
each~month dur~nq such y~ar. Rant for a partial year shall be
' due on ths f irst day of such pa~cti,al year and shall be divided ~
into as many 4qual inetallmante a~ there are remaininq months in ~
suoh pa?rtial year and one •uoh instalLnent shall be payable on
tha firat day of eacb o~ such montha. If the Leasee shall fail
to pay any installmsnt of rent within 15 days of the day the
~ same shall b~coms dus, tha_Lessor may elect to decla~e all past
due instal~nte of i~sat and a].1 installments of rent to become
due durinq tlie remainder of such calendar or partial year, then
due and payabla in full ae if auoh aqgregate aum had oriqinally
~been atipulated to so bec~a~ du~ and payable in full.
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3. ~Adiustment to Coet_ o_f_ Living. Rent for calendar
year provided to e pa tin er . s ased upon the cost of
living for the mont~.of September, 1971 as reflected in the
"Consumers PxicQ I~dox, Onited States Average - All Items and
Food", published in ths r[ouithly Labor Review of the 8ureau of
Labor Statist~ic~ o~ ~.h~e tTnitad States Department of Labor and
is herein called ",ba?~i~ rontal". The basic rental shall never
be less than aa aet.~forth in 6.1 and once increased pursuant to
the proviiions of thiaisection; ahall never thereafter bQ-de-
cr~ased. suhiekct t~ i~he foreqoi~ag,• ~.h~ basic rental shall be
adjusted i~ the follq~inq manner~to reflect increases iA the
cost of livinq as aat~orth in e~i.d Index, or, if there be no -
sueh Index, thex? b~'t~e mo4t asa~cly compar~ble successor to the
Index, adjus~ed~~to~~thai Septombmr,.1971 base. Increase in basic '
rental shall bs coaputed and be ~ne cSa January 1, 1974 and on the
first day of Janua of sach aad every~aeventh t7th) year there-
after, sach 4f whi~i 8ates ie herain called a"computation date".
Each increase ahall be~in dtfect~c~encing from the computation ;
date until the re1~ bf ~*he tsrm uuless further increa8ed at a sub- ~ _
~ sequent co~aput~tioYi= tlite. The a~wnat of increased rental shall ~
be arriv~~ at b~ muitiplication of rthe ba8ic rental by a fraction
~ of which the num0tatb~ sh~t1~-be the Index number for the September
first precedinq att~~P4omputati4n~sdate and,the denominator ahall
be the Index fi~ir~ ~e~ ~Sopt~mba~;1971. The increase in the
basic rentil as'obt:aiKsd'~ball b~rpayable, together with the ~
basi~ rental. If theX+e b~ no Eo:tsw~er~ Index or canparable suc-
cessor thereto, thsia it~o incraas~,contemplated herein ehall be .
established by arbitriti~n aa •lee~therQ herein provided..
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4: General-l~ro~ ~one:~ ~2~ rent.shall be payable in ~
current legal'~'en. t~r 0 e n~tid' ~tatis of America as ~t2~e
sa~ne is constituted by` law "at tlu ~im~s when rent becomea due . ~
_ ~Rent. shall-b~ payab~.e~at such p~~cs~br places as the Leseor shallj
from ~ima tot ti~ne d~.ract~ i~ ~rrifinq, aad until notice of ~change '
~ being qiven, all rent,~shall be p~~a~ble at the place aoti~e is re-;
g quired to be , qiven to }the Lsssor ~as ~et forth in 25. 21 .Ex- ~
~ tentions, indulgendea~or chanqeakby tho~Lessor in the manner of .
time of payment:of~rent upon aay~ocCaafon shall not be construed ~
aa a waiQer, indulqor?~a o~chanqs. upon any aubsequent oa+~ssion.
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OSL G7LT -D~lr LESSSS TO Pl~IY T]i1XES, INSURANCB PREMIUMS,
UTILITIES, ES. .
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.....,a,~ a?.o~.. (a~) Ge~urally. The Lessee covenants and aa~ees
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