HomeMy WebLinkAbout0066 rcc~i t~r; iioLicc of sucl; t;kii~,;, ,.nd t:l~c tc~ri~~iu:ttian :>l~.tll Ue
ei~j~cciive .t~ c~i' ilie Li~ae th;tL' ~~~~:;c;;;;;iou ot -t1zC p.lri~ so tizken _
sh;+.~l bc rc~qtii~•ed for 1~ublic u::t:, at~d minin~uin rei~L- shall Ue .
~p~?t~~•tioneci ..rid :.dju:~ted as of ~ i.1ie tinte o~ tci•Min:~tian. . Tf ~
only 3 p:~i•t of thc coa~;non ~reas of the cicuiised p~•emises shall ba '
t~tlcc~n L1I1C~Cr the po~ver of eminent dom~in, then the term of this
lea:.•c~ shall continue in full toree and e~fcct and Lessor shall,
witt~in a xc:a~onzi~le tir~e afLer possession is required for, public
use, rep~ir ~:~ha,t may remain of the co~nMOn ~re~s of the demised
preini~:es so ~ s to put iiie same iiito conditia:i for use ~nd
occu p;c~zcy . •
t.
(C) T.es:sor reserves to itself, a.nd I~ssee assi~;n~ to
Lessor, all ribhts to d~mages accz~uing on acco•ant of ~iny
ta.ki_ng under tlie pou~er of e:ninent doz;~ in or by reuson of any
act of at~y pul~l~c or c~uasi public authority for which dama~es
are p^yable. Lc3sSee a~recs to execute s~ich instrun;ents of
a~si~~::.:cr~t ;:s ~n:; b~ re.:~o=_lably recua.red b~~ I.essor in any ~ro-
ceedir~~ ~or the recovery o~ such d~rta~es if requested by Lesso: ,
and to turn ov~r to Lessor a~ny dzna~;es that nay ue recovered ir~
such proceedin~. Tt is agreed and understood, howevcr, that
T.essor does not reservc to itself, and Lessee dnes n~t assign
to Lesso.r, any c~~:rtZbes p; yable f~r riov~blc trsdc fixture~ .
insta~led by ;.essee or anyU~dy c~aiming undez• Lessee ~t its
own cost and exz~ense, NottiyithsLanciin~ the fore~;oici~ , if ~he
term of this lease shall Ue terminzted as a resulL of a~takin~
undcr the uotvcr o~ er:iinent domain, then Lessec shall be entitled
to reccive fro;n Lessor so much oi' the dlma~es acc~u ired on acco;int
of such Lakin~ as sii;~ll be fairly all~cable to the unam~rtized
cost to Lessec of improvcnaents made by Lessce to t~~c real.ty
~vhcrc r~mortizati_an shall be dcemed strai~ht line ovrr the nex~ird
oS time frrnn the time of the mZlci n~; of ~he i.nzprovcment unti 1
the c;:pix•ation of the tcrm af ti~is lease ~urren~ at Lhe time
. of i:l~e exerc3~c nS th~ po~.ver of ezainent cla~lti3in. .
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. 800K ~~Q PAGf ~