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<br />1•IIIS LEASE AG It E:E :M ENT, made us id the 721--:. day of /7/.._.�_,. 197e9, by n let ecn7 /!(,F r /d' 1 /i//('�
<br />• (herein after rcicrred 10 as "Lessor", and 21/4146.dtk a /f�'%j)` /f %f F7/TS y See / /4ratLe herci nailer referred to as the "Organization.).
<br />p WITNESSET I1: _
<br />•
<br />W II ERE AS, Lessor is it, eS774CPA/Yr hiving its principal placey�u(busin•ss at 7P/ 2 /(/et '�C� .__ and maintains n
<br />hcensv 10 sell intoxicating beverages issued by the City of 2_211,�fLY(// /YH� , MIirr Wsulu, wXhieh liccuu k u __,_.. . _, uuthariling soles m
<br />,22/! M &[ f andyr t he name of 7 ,"4 -Z—. 4 ,v d44/ 2 c • uud
<br />WHEREAS, the Organization is a $e4'v /'Zfr r' /A,eorirf40ari n organized under the laws of /79 ',t-47 Irtving its principal place of
<br />business at and which Organization is authorized by the laws oI the State of Minnesota to conduce lawful
<br />gambling within the State upon iissuan4c of the appropriate gambling license; and
<br />W II 111 LAS, Lessor desires to lease to the Organization, and the Organization desires to lease from Lessor. certain space for the pm pose of conducting lawful
<br />gambling:
<br />NOW, THEREFORE, in consideration of the mutual covenants and undertakings contained herein, the parties agree as follows
<br />1. Lease of Portion of Premises. Lessor, inconsideration of the rents and covenants hereinafter described, does hereby demise, lca.�Jc.md let to the Organization,
<br />and the Organization does hereby hire and take front the Lessor, the following - described premises located in the County of t`4_ Nn S e Y State of
<br />Minnesota:
<br />Legal l )esrnpliutc _ .. ..___. -
<br />Slreet Adthess: , S I / �f`� � 5 f (C.<.' • ( /
<br />Demised Portion it 1 A -) 'Li a; foti y— C4.0 0, j ii CO /117 e, ( to COCJ 6'e1/41, r ce i )
<br />which demised premises represents a portion of the above business' premises as more fully described on the Premises Site Phu attached hereto and incorporated
<br />herein by reerence as Exhibit A.
<br />sr
<br />2. Term of Lease. The term of this Lease shall begin on the day nl To_ to 1976) subject to the terms and on& moss set forth herein. The
<br />term of this Lease shall end at midnight on the sane calendar date as the beginning date one year thereafter.
<br />3. Lease Conditioned upon Llcenvure. The duties of Lessor and Organization under this Lease Agreement are expressly conditioned upon the issu/a,�tce to the
<br />Organization of a gambling license by the Minnesota Charitable Gambling Conrol Hoard for a Class A I iecnse to conduct {-' J rJ d /1-c- -c-; S (z✓�/
<br />_ /
<br />Unless and until said license is issued to the Orgwniz salon, the Organization shall have no duty to pity lent. Unless and until said
<br />license is issued to the Organization, L.essm shall have no duty to convey to Organization the uhuve- demised premises.
<br />4. Itenl.l he Organization shall pay to Lessor during the term of this Lease annual rent of 200 in monthly payments of t each if the
<br />first and last mom hs of the lease tern) are not complete calendar months, the rent for those months shall be adjusted pro rata. Lessor is not required to send
<br />statements for rent to the Organization. Neither party may deduct claims against the other from the rent payments.
<br />5• Payment. The Organization shall pay all monthly rent to Lessor al Lessor's principal place of business. Lessor may from time to time designate in writing
<br />another address for the payment of rent.
<br />6. Tales. Lessor shall pay all real estate taxes. The Organization .shall pay all gambling taxes.
<br />7. Liability and Insurance. Lessor will not be liable for injury, deal 11 or damage to or loss of personal property occurring upon the above - demised premises, nor
<br />to the Organization, its agents, employees or invitees, for injury, dean h or damage to or Ins of personal property occurring within t he above- demised premises. The
<br />Organization will hold lessor harmless front any such claims or any other claims or expenses arising out of the Organization's use, ahctation or occupation of the
<br />demised premises. The Organization will also keep in effect, at its cost, public liability insurance naming both Lessor and the Organization as insureds in the
<br />minimum amount of Twenty -Five Thousand and no/ 100 Dollars ('25.000 "t) combined single -limit for comprehensive general liability.
<br />8. Right to Make A Iterations. Lessor construct or rcha hi Mute the above -de to ised premises, alter or replace structural elements and mechanical syste ns or
<br />make other changes in the demised premises without the consent of the Organization, so long as the use) ulness of the demised piemists is not significantly
<br />diminished. The Organization may instill at its own expense leasehold improvements and alterations set forth on the Premises Improvt men) Plan attached hereto
<br />and incorporated herein by reference as Exhibit H.
<br />9. Subordination. Lessor shall have the right to sell the above-demised preen ises or to snake this Lease subject to any existing or nut ore mortgages so long its
<br />such sale or l oreclosure of the mortgage will not terminate this Lease, if the Organization is_uot then in delauh. 1 he Organization will execute documents to this
<br />effect at Lessor's s request.
<br />10. Surrender of the Premises. Whenever the Lease expires or terminates, the Oa go nizal ion will removeall trade fixtures and property belonging to it, its agents
<br />or employees (but not leasehold improvements and alter a lions), repair any da nmatgecaused by removing dent affixed to the shove- deposed premises and leave the
<br />demised premises in a reasonably Endo ly condition.
<br />11. Amendments to Lease Agreement. l his Agreement may he amended upon mutual, written consent and approval of but pm tics.
<br />12. Conduct of Gambling. Lessor hereby agrees that it, and any employee nr agent of the LlssOr shall not participate in the selling, distributing, conduct,
<br />assisting or playing of lawful gambling at the demised premises. l'he Organization agrees to adhere to all ordinances governing gambling in Lessor's municipality
<br />and the regulations pertaining to gambling issued by the Minnesota Charitable (rambling Control Board and the laws of the State of Minnesota.
<br />13. Agreement. This Lease may not be assigned by either party except upon mutual written consent and approval of both parties.
<br />14. Interpretations. If any provisions of this Lease are in conflict with any statute, ordinance or rule of law nl this Slate or any municipality wherein it may he
<br />soughs to be implemented, then such provisionsshall be deemed null and void to the extent than they may conflict therewith, but without invalidating the remaining
<br />provisions thereof. This Lease shall he governed by the laws of the Slate of Minnesota. '1 This Lease shall he binding upon Lessor and the Organization and their
<br />respective legal representatives, successors and assigns.
<br />IN WITNESS W H ER EO E', and intending to be bound hereby, the Organization has caused this Lease to be executed by a duly authorized personas of the day
<br />and year fast above written, and Lessor ha>1pcceptcd the same as set forth below.
<br />ACCEPTED by 1.essor as of the 3 i day of CST 19,
<br />LESSO • ORGANIZA'f1ON:
<br />By:
<br />Its:
<br />By'
<br />It
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