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HomeMy WebLinkAbout1005 S ~ COVENANTS AND AGREEMENTS 1. I,essor ~enerally ~?•arrants ownership of the fee simple title to the le<~sed premises, or that Lessor }ws the right to execute this Lease. 2. I_essor warrants that the pmmises are suit~~ble for the pwposes for which leased, and that upon performance of Lessee's agreements under this l.ease Lecsor ~vitf maintain I_esset: in yuiet passession and enjoyment as against any ctaim of Lessor, his heirs, executors, administrators, successors or assigns, or any other person during the term of this Lease. 3_ Lessor agmes to keep such premises in ~ood and tenant~~ble condition, and to make at I.essor's own expense such repairs to any portion of said preinises as may Ee necessary to replace fauhy ronstruction, or to replace atl ordinary wear, tear or deterioration. Lessor further agrees to do at his own expense such paintin~ of the exterior as is neoessary to maintain the premises in reasonably ~ood eondition and appearance. ~f~iXs~~ld~iR~$~i lil~ ~t~~( ~Lessee may paint, repa~nt, paper or repaper and rede~orate the premises or any part thereof at its own exFense if it so desires_ I.~ssor further a~ree~ to make, at his own expense, all chan~es and additions to the leased premises required by reason of any law~s, ordinances, orders or re~;ulations of any municipality, County. State or other public authority ::.C.....;..F, ..r, '••a'^° fse:::~!~'s~~ ~E •~;~>ir~ canitarv facilities and fire protection facilities, ~ exeept those fire protection facilities s~:eciaily required ~e~use of the installation of telephone or electronic equ~pment and ~xiures in ine leased premises). Should Lessor fail to mske any of such repairs, replacements or changes, or to paint, paper or tint within 30 days after written notice from I~essee of the necessity therefor, Lessee may ~t its option make the same, and deduct the oost thereof from the rent next or at any time thereaffer accruing, or Lessee rrk~y quit and surrender possession of the premises without further liability to Lessor hereunder. # ~ ~liY~1C~~Ht~I}i~~[ 4. I.essor shall pay all t~~xes, special assessments and public char~es levied against the leased premises, payable during the term of this Lease. .5. I,essee agrees to pay Lessor the rent as herein specified. If the rent hereunder shail remain due and unpaid for ten i 10 ? days a[ter written notic~e from Lessor to I,essee, L,essor sFk~ll have ihe right to re-enter said premises and to remove all persons therefrom. - - ~ 6. Lessee a~rees to maintain said premises in the s.~une ~ene a ndition as Nhen received, ordinary wear, tear, deterioration, dar?k~ge by the elements, or unavoidahle casu~ ~t~eed. d I.es.see may make, from time to time, such interior ch ~ ions, additions and improvements in, on, or to the said premises as will, in the jud~ment of ~.essee, be ~t the s~3me to the purposes of its business. All fixtures added and improvements made in, on, or to such ~~s y Lessee shall be at its own ex specifically pro~~ided herein. PQ~, ~less otherwise i Upon termination of this Lease. Lessc~e shall del~i1~r possession of the leased premises to Lessor in the s~3me ~eneral conditi~n as when received exceptin~, hoH•ever, ordinary ~vear, tear and deterior:ition, daunage by the elements, un- avoida~le casualty and such alterations, chan~es, additions or imE:rovements to the premises as have been made from time to time durin~ the term of the I.ease. 7. Removabie fixtures, appliances and furnishin~s shall remain the property of the Lessee, and at its own option ~ may he rnmoved therefrom ~t the expiration oi the term or terms of this Lease. But I~.•ssee ma~~ not be required to r~emo~•e or to pay for removal of any fixtures or furnishings in said leased premises. Failure of the I,essc~e hemunder to mmove or to cr.mpletc removxl of its own fixtures, appliances or furnishings before the effeetive termination date of this Leasc~ shali not aiTec~t I,essec~'s titie or right to possession of sueh property, and ~ its right to remo~~.~l of such property within a reasonable time ~fter termination of this Lease shall not, by such termination be abridged. 8. I.essce shalt have the right to insure and keep insurn~ a+ its o:vn caSt, its interest in said premises to the extent of the costs of any interior changes, additions, alterations or improvements made by it thereon, and ifs interest in its fixtures, furniture and applianc~es. I.essee h.~s the further right to collect the amount of any such insurance in the event of dama~+e to or destruction of said additions, alterati~ns or imnrovements of the said furniture, fixtures and appliances, durink the term of this Le;i.~e and (or a reasonable time after termination and betore complete removal, h~~ any r.~u~ rn~•emd by such insurancr. Such insur~nc~e may extend fora reasonahle removal time after termination of this Lease. 9. Chould s~id premises or any part therenf be~ destroyed by fire o~ otherwise rendered untenantable, the rent pay- able hc~reunc~er shall ab~te from the date of such destruction or injury in the proportion that the premises so ren- derrd unt~naMahle he~rs to the entin~ pmmises, and aIl advance }k3yments of rents, if any, covering periods subse- quent to the dath of such destntction or injury, sha1) be promptly refunded to Lessee in the proportion aforesaid. ~ g~GK20~' ~Fi~S - 1 _ .~.Yi~:-.. y y.: ; _ ~ ~ I l~ T . - ~ 7 i1}a°"_~, ~M_: