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t:'lth ~1 trl:i` COj)l J: :11~. ISK~t'tc~,;.~C:;~ t;;Or~c~~lc]:` i1O`.r•;, .;.C:11,.1C:;•~
tions and ~;reendcrents :a:arc; o, and loan :~:nortizatio:~ sct-.edu3e;,
relating to any and all mor tyag. s on the: leaped prc.~ uses .
Lessee covenants to provide Le~~or annually with a
copy of Lessee's certified audit report o~ the motel and
all other commercial enterprises operating front the leased
premises, certifies in accordance with generally accented
accounting p;inciples and in accordance t~~i :.h tY:e requirements
a~ this Lease..
:{IV.
Lessee r.;::: t~a i.i ~c~ ;.::..,sor, at thy: :;.igninc; of this
Lease Agreement, t.;c :a4a o~ Fifty Thousand Dollars
($50,,G00.00) in c~-:sh ~:hich su:~ mill t~~-, hc~lc? h_• I~n~; or .:s
security during t~•r:.l . ,,.is i, ~ ~ ~ , -
b~ unrestricted in its use of sa.a security :ieposit dur~.ng
t e term of this ,ease . Tr. the event of c:~:fauZt of Lessee
or in the event of t`r:tinatioa of this Lca:~e for any
reason oth~:r than e::piratio:; ~~f ti2c ter~r o:: years provides
for herein, said : uni shall be ro~-feited tc Lessor and shall
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~ 'rr~:corae, and remain:, ~th:~ prope:-ty .~F Le::sor; oz the other
::and, if this Lea::~~ hoes run .its entire term ar.3 lapses
by expiration of :_.ii;„~, tier, i~~ tt.at event, t:.e fifty Thou-
sand Dollars ($50,OOil.0i?) sha:~t he .~ppl.ic.ct, ily Lasser, for _ -
p.:y;nent of the final ~rei,tals uuc IIt:.7JO~ u:::.~,r this Lease
or any rene:aal terns , p;-ovi~ic:: t':at Les:~ci. i~as complied
4; ith .zl l covenants uiiclc~.~ ti i s 'i.ea:;e . Dur : the ter:
G: thl : Lease, anCl :ia,' 1'Cft~.::':ca her=~of, il.~ ::it~'r..::,~ Oil
said security depo::i t: ;:;;all paid by T.c:., .c= to Lessee. {
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