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HomeMy WebLinkAbout1882 . If. Thi~ :ra~e i~ peror~ai t~~ l.e:~c~~ and shall not be ass~gn~~i in ~rhole or in part, nor chall an~ ri~htc or p~ivile~e~ hereir. ~~;~c~t~••1 Lrs~e~~• ~old, tran~Trrrc•a ~~r a"i~nrd w•ithout the ~cntt~r: .••~n:ent c~i i.t~~~ur fir~t ~~htainctii. i.rsc.r• :6&l; hac~• :h~• ~:t•~t• ,~t <uhl~~a~ic~:~ ?h:• prrmi.r. c~mditii~ci that an~~ ..~hlr:~~e River: h~• Lr~~ef• ::hall tFrrninatt• u{H~n ~the tern~inati~~n ~~f this ~•u«~ ~.hrthee cfue to rxpirat~~~n ~~f thr trrir. ~~r ~~th~•r~~~~e. ln thr e~~c•nt of ~uch ~uhic•a>in~, Lc+~~~c~'s obli~ati~~n~ hercunder, in- .,d~uy- that ~f pa}•in~; the stipulated rents, shall in rn~ ~ri:e br im}~aired, lesxencr; or transferrc~~. 1~. Les,ee shal? ~~r.~~~~~ir and niaintain in effcct at ali time: .iurin~ the term ~~f this iease w•ith in~urance carrier: and in .`urm ~ansfactun• to t..•~>~~r, puhlic ::al~ilit>~ e~~urance to pr~~tec: and indemn~i}• l.e~sur, as w-ell as l.e~st~c~, aRn~nst ail claim~ and :iaUilit~• cau,ed b~•, Rr~~~v~n~ uut r~f :~r hap{~eTUn~; in connectiun w~ith the uunership, maintri~ance, use ar.d cMCUpanc~~ af the ira~c~3 }~remises ~?•ith limit~ af e:ot 1~~~~ than S~'S,u[Ni.uO app:~raLle to t~~dil~- iniur~•, ~ickne-~ or death cd ~~ne ~~r n~urr per~ons. On ur brfore the hc•g~nnin~ ot thr t<•rm here~of LessE~e shall deli~•er to Lessor the on~inal poli: ies of incurancc• here~undr: ~~hic1; ~~~~Iicir: shc~il p:~~~~:dr th:~t therr ~~~t! t~• no cancellation or matenal chan€rc affc~ctinR Lrscur ~~~ithout 1~J da.s' prior ; .cr~tt~n r~~~;ic~ bt~in~ k.~~~~n t,~- thc :n~urc~r tc~ I3P Oii CorNi~:at~on, ~ F_xecuti~-e P:s!S Dr.. \.E. :\tl:+nta, t,.~ :~03'2.9. L~••,rc•': :.,:!ure at ~n}~ timr ;o c~~mpi}~ ith ;,n}• piu~~i~i.,n of this arti:ic• .hall entitle Lessur ~vith~~ut priui~ nuuce to LE_tiee to proeur~~ ' ~uch ;nsurance for Lc•ss~~r~s piotecti~~n at Lc•s~et•'s expense. ti i ~ I~. If durin~ the tenn uf thi> Ic~as.• pn~•ct•~iiny;~ are in~titut~~d fur the condemnatir~n oi the prrmi~e: or an~ part ther~f, or E ~f Les~or shall di~~~us~• ,~f ~aid pr~~mi<t•: ~~r an~• part there~~f ~~r its ir:terest therein, either ~~~~luntarily or in~•oluntaril~, in erdrr ; that the prcroi~e; ma~~ tk~ ~ir~~ut~•+f ~.~holi~~ ur {~art~ail~• to an~ pub.i~ u;e, thi= ~~•a~e shali, a: the optiun of Le~~ur ~nd vpon u•ritten t nuticc t~~ l.e,see, f~~rthW ith fi:iail~ cea~r and ie•rrninate. I.eacee shal~ not t~e entitled tu any damage aw'ard or purchase price, or ~ anl• part .+f either, w•hich ma~• t~e pa~~ un acc~unt uf such cundc•mnst~un or sale. ~ 19. lf the :itN~Ce ~i~•~rntKtil prrnu:e~, or an~• part therrof, arr hetd b~• Le:~~~r under lea~e. I.r~~~~r >haU hace the ri~ht to ~ .•at•rri.e anc and al! ti•rn~~r.ati~~~: ri~:;~ts n.erc~~d t~~ it thrrevn~ic•r, xnd if anc wch nnderl~•in~ it•a~e is term~f,atrd b~• either Erart~• theret~~ for any cause t~r ~n an>• ~,~unnrr at am• tmie pri<~r tc~ the .•xpirati~~n of the term herein pro~•idrd, thi> lease, at the same t~me, shail expire and ter:nttiate witho~t pre~~ious noticc• tu I.r~~ee, and l.ecs~~r shall not t~c liatde to Le:see in dania~es or utherw~ise on acc~~unt ~~f ;uch trrn~inatiun. lf an~• :a~d premisr: are ow•ned b~• Le~sor and durin}; the term herenf Lessor ~hall ~ ~ell :ame. I.e~~or ma~• at ~t< „j~t:~~n ti•rm~natr thic Ic•x~e b~~ Ki~~inK l.es~~e 10 da~~s' notice; f~~r the pur~r~ce of this •entenre I.essor's ~~xecution of a c~~ntrart f~~r the ~aie ~~f said premi:k~s !~r any part iherc•uf shall he deemed to t~e a salr thereof. This lra~e ~hall t,e ~ subject to ail condition~ and restriction~ affecting the premises, in~•ludinR thuse Which ma} he of rrcord or in the underl~•ing lrase, if anc, and atsn including i~uil~inK, t~uilding line, and z+~nin~t re:triction_.. lf the ~~perati~n of a ser~•ice station on said : ~ prrm~ses ~~r an~• part thi•rcti~f :hal1 tK~ prnhibite.~ or restrictrd durinq the term here~,f b~• ~tatatr, ordinance, order of cuurt ' ~ or other gocernmenta3 ~uthnrit~•, and not t~ecause of any fault ar neRlect of I.e~see, this lease w•ith re~pect to the affe~ated premises ~ ~ :halt t~e subject tn teru:ination at the uptiun of either part~. _y 20. All notices Ki~-c•n under thi~ instrument shall be in ~rritinR, an~3 ma~• t~ Ricen either in the statyton• niethud, if an}'. ~ ~ in the State K~here ihf• ~+rrmise~ arr la~ated or b}• depositin~ the nntice in the Cnited States ~nail, ~x~staRe prepaid, encl~~~ed in ~ an em•elope ad:iri•~~c•d t~• the part~~ tn be notified at such part~-'~ addre~~ as chc~w•n ~n this instrument ur at an~ c~ther know'n 3 addrrss of l.c~~-c~•, an.; the ~iate upon w~hich :uch n~~tice is ~u rnailyd shali be treated as the date uf sen•ice. In addition, an}~ ; n~~tice Rivrn b~• I.ess~~r t~~ Lc•.~ee ~hall t~e ~•alid if :erved u~~n Le"ee in perwn ur deii~•ered to or left at the }rremi~e~. I.es~ee ~ agreec t<~ gi~•e to Le~;~ r.~ ntten n~~tice w ithin 15 Ja}•= aftc•r the end of each quarter-annual peri~x3 durin~ the existence of thi~ ia•ase ~~f each an~! e~crr~~ .iaim or demand tha*. Le~,ee ha~ aRain~t I.es~or at the end of such {~eriod: and it is expre:~lc aRre.~ that I.c•;see'~ failure s,~ i~~ rn~tif}• Le~sur of ant• such claims or ~lemand; (if am- there t~el shall conctitute and be a~caicer and relea;e b~ Lr:~t~c• af ~vr~~ riaim~ ~,r demsnds, other than c:aim. and demand~ enforreable b} penal ac:ion, that Lessee has aRainst I.essor up tu and :it thr end uf ~uch perial. ~1. I.fS~E'P ackn•~:.l~•~ly:e~ n~~tice that: la) no representati~•e ~~f l.es~or ha~ suthorih• t~~ niake an~- ~ual teace or oral pr~~mi:es - _ tc. Ira~e thr prr~:~>E'~ ~~tlt'L~;Pf t~i ~~ot the term~ ot .sny wch nral arran~rment shal] difTer from thi: lease: (b1 no represrntati~•r ~ uf l.r>:or 1~a~ a::t}:ont~ t~~ ir.~p~~~e an~' cunditiem ~~n the d~~li~•er~• ~.f thi= ira~e; Ic1 thi~ in~trument n:a~~ t~e executee~ ~m I.e-sor'< hehalf nnl~• h~• nne of it~ •.~fficers cr mana~:ers and that none uther ha~ auth~~rit}• tu auth~rizr an}• acti m for ~~•hich I,es~nr'.~ - ;,,r~:c•ni i~ rrc~~irt~d hr!runJer, ~~r tv ror.<ent or a~rr~ t~~ an}- al,erati~~n, nr~dificaiinn or limiiati~~n w~hat::oe~•er of the terms •.~f ;hi~ iease. Thi, ic:s~~ ~n:titutes a merKer ~~f all pn~pu:al~, nry:utiati~~ns and rrpre~entati~~n= ~tiith reference to the subject ~ rnatter ~~nd pr~~ri~i<m~ i~~ r~•r,f, and it may tu~ altere~l, ati~ended ~~r n~~~dified ,~nl~- in w'riLing =igned b~• a reprr~entati~•e of I.es~r ~ avthurized t~~ ;iRn :hi~ ~r:-irvmeif! and b}~~I,e<=~. Thi. !ea~e ~hati n~~t ?~c hindin~ uE~n I,e::or until exe.uted un its t~ehalf . ; natwithstandin~ an~• deti~•er~ of possession to, or the acceptance ~~f an~• pa}•rnent in the naturr of rent fron:, I.es_:ee. Le~sur <nall refund ao~~ unrarmd purti~~n i,f an}~ t~a}•mc~nt made in anticipatiun of the executiun and deliven hereof. ~iinc~s the hand~ ar.~: :eals of the partie• rr~pecti~~elc attested or witnessed, the day and year first aboce written. ~ 4`~ BP OIL CORPORATION. Lessor SiRned, sealed deli~•er~ in t pre~ence uf : -7 ~ - ; ~ i , L ` . / ) / :.1. i . -.r.... Bc ~~,/...~,l...Gl~..... /l . ~ ~1~~OA~ ~danager _ ~ lI4 _.•,..r L, ID1C. ' as Lo Leseor ~ ~ . - . ~ ~ 1 rr~~ ~ ~ ' RE COA3T O _ • ~ • . i~~ . ~ t ~.i....~.~.~~ ~+.i . . . . • ~ y i i ~ / ~ r~ ~ ~ t ' / ~ B ~ . .~..~r.. f, • y ~ ; f __..l . _ _ . . ry,....;.. as to Le~see . Pr~sident "~'ritt t a A V a ~~`v ~ . > rJ~'E~] : i'., : . . t~ _ - ~ s; ' s' i ; , -i: . a; E~D~ ~9~ F'~,~L ~0~~