HomeMy WebLinkAbout0436 ~ Should a substantial part or the whole ot the premises be eo destroyed or rendered untenantable, I.eeeee ma~y at its
option quit and surrender poeseesion of said premiaes hereby leased, or may, if it shall so desire, upon the c~ompletiaan .
ot the repeii~s or reetoration of said building, re-oocuPY ~ P~m~ uPon ~°D~tions herein set fotth,
. the rent to commence from the date d such re~occuPation-
10. In no eyent shall I~essee be liable for destruction or injury by fire to said premisea, including the building in
its entirety, its 8xtures, appurtenanoes or oontents. or aqy part thereof, R?hid? oocurs during the term oi this I~eaee
o~ aqy eriension thereof, unless the same results directly from willful acts or willful misoonduct on the part of the
I~esSee, its ~e~vants or agents acting in the line and acope of employment; and in oonsideration of the oovenante and
condidons oontained herein, Lessor for iteelf. its tenants. sucaessors, subrogees and. assigns. does hereby r8leaee and
r~lieve of liability the I~essee for destruc~tion and injury by flr8 of the premises. including the building in its entirety,
ita fuctures, appurtenances or eontents, or any part thereof, arising out of ita oocupancy ot use of the premises under
the terms of this Leaee Agreement, including careless or negligent acts or omisaiona of the I.eeeee. its servante, em-
ployees, or agenta, cxoept where said destruction or injury is caused by the willful acts of the I.ea9ee, its eervants or
agents acting in the line and eoope of employment; and the I.eseor dces hereby agree to indemnify and save harmlesa
the I.essee from all loss, injury, or liability on aooount ot any sums of money which I.es~ee maY ~~I~~ ~ P~Y
on account of any liability ar damage by reason of destruction or injury by fire of said premiees, buildin8. Sztures,
appurtenanoes or contents which oocurs dwing the term of this I~ease or any ertension thereof.
11. This Lea~e ahall bind and inure to the bene6t of the heirs, legal representatives, suooeseora or assigna of the
part.ies hereto. -
l2. I~ssor agrees that I.essee may sublet said premises or assign the same or any portion of its right under thia
Lease.
13. Lessee shall have the right to renew this Lease, upon the same terms azid conditions, for a further periad of
F1Ve (5) Y~~ f~ of the expiration of the primary term hereof, by giving written
notice of its intention so to renew not less than ~-Y ~60) days before the ezpiration of said priinary berm.
Lessee shall have the right to renew this Leaee upon the same terms and oonditions, for a further perial of
~~p (5) years from the date of the e~cpiration of the first option term hereof~ by giving writte.n
notioe of its intention so to renew not less than ~~Y ~60~ days before the eapiration of said 8rst
option term.
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~ ~ri ~lhlt~g ~1~ereof, the Farties hereto have eaecuted this lease in duplicate the day atui year first above writben
i I~IVID R. LANC~'ITl'
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Signed, sealed and delivered
by Lessor in the presence of
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~ SO R ELL'I'ELEPHONE AND TEF~~'i~A~i't~l~(r2~TY
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Signed, sealed and delivered • - . "
~ by Lessee in the presenee o/ ,~~8 •~t
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. ~L~ _ n~ FORf~
~ APPROVED
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AiTORNEY
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