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HomeMy WebLinkAbout0434 ' • COVENANT3 AND AGREEMENTS 1. L~sor generally warrants ownership of the tee simple title to the leased premiaes. or that I.essor has the right to exec~ute this I.~eaee. . - 2. Lessor warrants that the premiaes are suitabte for the purposE~ fvr which leased, and that upon performanae of I.es~.~e's agraemepts under this I~se Lessor will maintain Lessee in quiet posseasion and enjoyment as against any claim of I~eaor, his heirs, executora, adminiatrators, sue~o~sors or assigns, or any other pereon during the term of this I.ease. ' 3, I,es,9or agre~ to keep such premises in goaf and tenanWble oondition. and to make at I.essor's own expenee such ~pairs to ar~y portion of said premises as may be neoessary to replacc taulty constniction. or to replaae all ordinary w~ar, tear or deterioration. I.e~sor further agrees to do at his own expense such painting ot the exterior as is nEOessary to maintain the p in masonably good condition and appearxnce. I.c~ssor fwther agrees to do painting. ' of the ~ intetior of the leased premises and atl hallways and eorridors asaociated with such pcemises at not lesa than three (3) y~ar intervals upon requ~st by I.essee. Lessee may paint, repaint, paper or repaper and redeo~rate the premises or - ar~y p~art thereof at ita own ea~pet?se if it so desires. I.essor further agrees to mahe. at his own expense, all changes and additiona to the leased premises required by reason of any laws, ordinanoes, orders or reguiations of any municipality, County, $tate or other public authority induding the furnishing of required sanitary facilities and fire protection facilities, ( eacept thoee Sre protection facilities aFecially required bec~use of the instailation of tetephone or electronic equipment and fixtures in the leased premi~es) . Shotild I~essor fail to make any of such repairs, replacements or changes. or to paint, ~~~within 3p days S after written notioe fran I.es~ce of the r~ity therefor~ Lessee may at its uptian ma e same, and deduct the ~ oost thereof trom the rent nea~t or at any time thereafter a~cruing, or Lessee may quit and surrender poe~eession of the premises without fttrther liability to I.essor hereunder. I.essor agrees to maintain and kcep in good rep~ir at all times and to provide all repair and replacement parta fo the lighting ( , plumbine, e~ and othe~ j mechanical snd electrical systems in the leased premi~es, at Lessor's own expenae. The day-to-day operation and routine starting and stopping of such heating and air o~nditioning facilities, however, may be perfonned by the Lessee. If upon notioe, I.essor shall fail to immediately make neoessary repairs to such systems, I.eBSee may make such r+ePairs and charge the oosbs thereof against any avbsequent rental payment~ ( f 4• I,e~or s~l~ PaY a11 tazes, special a~ents and public charges levied against the leased premises, payable c a ~ during the term of this Irea9e. . 5. I.essee agrees to p~y I,ea~or the rent as herein specified. If the rent hereunder shall remain due and unp~id for ~ ben (10) days after wntten notice from I.esaor to I.essee, I~essor shall have the right to re enter said premises and to ~ remove all per~ons therefrom. , ~ 6. I.essee agrees to maintain said premiaes in the sftme general oondition as when reoeived, ordinary wear, tear, { deterioration, darnage by the elements, or unavoidable casualty eacepted. ~ I.es~ee may make, from time fo time, such interior changes, alteratior~, additions and improvements in, on, or to the said Premises as will, in the judgment of I.~essee, better adapt the same to the purpoees of its busineas. All Rxtures added and improvements made in, on, or to such premises by I.essee ahall be at its ovm eapense, unless otherwise ~jY P~ded herein. Upon tcrmination of this Lease, I~essee shall deliver possession of the teaseti premises to Lessor en the same general oQndition as when reoeived excepting, however, ordinary wear, tear and deterioration, damage by the elements, un- ayoida~le c~sualty and such alterations, changes, additions or improvements to the premises as have been made from time to time durmg the term of the I.ease. 7. Removable fiztures, applianoes and itvnishings sha11 remain the property of the I,eseee, and at its own option may be removed therefrom at the expiration of the term or tern~s of this I.eaee. But I.essee may not be requirEd to ~ remove or to pay for removal of any Sztures or furniahings in said leased premises. Failur+e of the I.es~eE hereunder to remove or to complete removal of its own fixtwes, applianoes or furnishings before . ~ the effective termination date of this I,ease shall not atiect Leasee's title or right to po~session of such PropertY, and its right to remova) of such property vvithin a reasonable time after termination of thia Leaee shatl not, by such termination be abridged. 8- Leseee shalt hav~e the ri~ht to insur+e and keep insur~e~ at its otvn oosi, ite interest in said premises to the extent - of the oosffi of any intetior changes, additions, alterations or improvements made by it thereon. and its interest in its fiztures, furniture and applianees. I.essce has the further right to oollect the amount of any such insurance in the event of damaRe to or destruction of said additions, alteratirx~s or improvements of the said fumittu+e, Satures and applianoes, dwinq the term of thia Lease and for a reasonable time after termina~ion and before oomplete removal, bY anY cause ooaered bY such insurance. Such insurance may extend for a reasonable remaval time after termination of d,is Leaee. 9. Should said premiaes or any part thereof be destroyed by fire or otherwise rEndered untenantable, the rent pay- able hereunder sha11 at~ate from the date of such destn~ction or injury in the proportion that the premises so ren- dered untetian~able beara to the entire premiees, and all advance payments of rents. if any, oovering periods subee- quent to the date of such deatruction or inlury. shall be promptly refunded to Leseee in the proportivn aforesaid. ~ . aoaK ~89 ~GE 43~ ; , ~ ~ » - ~ ~"~~`~.e~'::'~''-~~'~.~~ir"~' , ~ 3" . ~ ~p.,~~.~