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HomeMy WebLinkAbout1405 ~ ~ ~ ~ i t COVENANTS AND AGREEMENTS 1. I,essor generaliy warrants ownership of the fee simple title to the leased premises, or that I.essor has the right to execute this Lease. ' 2. I,essor warrants that the premises are suitable for the purposes for which leased, and that upon performance of Lessee's ~greements under this I.~zse Lf.~r will maintain Lessee in quiet poss~sion and enjoyment as against any claim of I.essor, his heirs, executors, administrators. successors or ~ssigns, or any other person during the term of this I.ease. 3. I.essor a~rees to keep such premises in good and tenantable condition, and to make at Lessor's own expense such repairs to any portion of said premises as may be neoessary to replace faulty construction, or to replace all ordinary i wear, tear or deterioration. i I.essor further agrees to do at his own expense such paintinR of the exterior as is necessary to maintain the premises ~ in reasonabiy good condition and appearance. ~C ' ~C ; ~ . . )QZ9H[7~t7mfK~OC~CpQ~X~ any part reo at its own exgense~if ~'t ~ d irc~.y ~~nt. repa~nt, paper or repaper and redeoorate the premises or I.essor further agrees to make, at his own expense, nll chanRes and additions to the leased premises required by ~ reason of any laws, ordinances, orders or regulations af any municipatity, Counfy, State or other public authority _ including the furnishing of required sanitan+ faci~ities ancl fire protection facilities, 1 except those fire pmtection ; faeilities sFecially required Eecause of the insG~llation of telephone or electronic equipment and fixtures in the ( leased premises). ~ Shoukl Lessor fail to make 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 at its uption make the same, and deduct the cost thereof from the rent next or at any time thereafter aocruing, or I.essee may quit and surrender possession of the ; premises without further liability to Lessor hereunder. ~ . ~ , ~ i ~ f ~ 4. Lessor_shall pay all taxes, special assessments and public charges levied against the leased ~remises, payable ; during the term of this Lease. 4 .S_ Iessee agr~ees to pay I.essor the rent as her~ein specified. If the rent hereunder shall remain due and unpaid for ~ ten (10) days after wntten notice from Le.ssor to Lessee, Lessor shall have the right to re-enter said premises and to ~ remove atl persons therefrom. - ~ 6. I.essee agrees to maintain said premises in the same general condition as when received, ordinary wear, tear, deterioration, damage by f.he elements, or unavoidable rasualty excepted. I.essee may make, from time to time, such interior changes, atterations, additions and improvements in, on, or to the ' said premises as wil1, in the judgment of Lessee, better adapt the s~~me to the pur~oses of its business. All fixtures added and impmvements made in, on, or to such premises by Lessee shall be at its own e~cpense, unless otherwise specifirally provided herein. Upon termination of this Lease, Lessee shali delivcr posses.sion of the Ieased premises to I.essor in the same general condition as when received excepting, howe~~er, ordinary wear, tcrar and deterioration, damage by the elements, un- ! avoida'~le casualty and such alterations, changes, additions or im~:rovements to the premises as have been made from time to time durinR the term of the Lease. 7. Removable fixtures, applianoes and furnishings shall remain the pmperty of the Lessee, and at its own option may be removed therefrom at the expiration of the term or terms of this Lease. But Lessee may not be r~equired to ti remove or to pay for remova) of any fixtures or furnishings in said leased premises. ; Faiture of the Lessee hereunder to remave or to c~emplete removal ot its own fixtures, appliances or furnishin~;s before t the effective termination date of this Lease shall not affect Lessee's title or ri~ht to ~ossession of such pmperty, and its riRht to remo~•al of such property within a m:~sorti~ble time after termination of this Lease shali not, by such termination be abridged. t 8. I.essce shall have the right to insure and keep insum~ a± its o~vn cost, its interest in said premises to the extent of the cos's of any interior changes, additions, alte.rations or impmvements made by it thereon, and its interest in its ~ fiature~, furniture and :~ppliances_ I,essee has the furthe,- ri~ht to collect the amount of any such insurance in the event of dama~e to or destruction of said additions, alterations or imnrovements of the said furnitur~e, fixtur~s and appliances, durin~ the term of this I.ease and for a reasonable time after termination and before complete removal, by any cause covered by such insurance. Sach insurance may extend for a reasonable removal time after termination of this Lease. 9. Should said P~mises or any part thereof be destroyed by fire or otherwise rendered untenantable, the rent pay- abie hereunc~er shail ab~te fmm the date ot such destructian or injury in the proportion th~tt the premises so ren- demd untenaM:~hle bears to the entire premises, and al~ advanoe p.~vments of rents, if any, covering periods suhse- quent to thc~ date of such destruction or injury, shal) tti promptly refunded to I.essee in the proportion aforesaid. sooK2~~ ~~140~ ~ ~ ~ ~ ~ . ' . ~ ~ ,,.:~.L ~~~.s__ ~ ~~_.-~~'3 . ._:-e •~~4.~'a~~`.