Agenda Packets - 1986/04/07 - Laserfiche WebLink

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11. LEASE OF PARAIMG SrACE. Tenant acknowledges that a portion of the parkina spare of tbred by the buslnssA located on the demiand premises In owneJ by Clark Oil and that the Ln•.,nrww:n•I/nr the Lessor does not have An eaistinq written If•$, for the use of such space. Temant further acknowledges that If the use of such ' space by the business be terminated, it shall not be considered a breach of this Lease by the Lessor. The Lessor anrees to be responsibiv for any del: n.pn nl Ir.: n,• prym.•nl .wed ,'lark Oil through the date of this Lua ae, and 'renal:t .ulr,'1'r. tv in mxl+ulu.i Llr for any lease payments theleafter. 16. INSURANCE COVERAGE. Any Cate and extended coverage insurance obtained by Tenant shall insure the demiserl premises against firs end wl ,,is tot, for their full uaut al.lu v.:lue. la-ssor; O a M Investments, Inc.l Albert .1. Hettinger, Aathluen E. Ilartinger, his wife; A A J Realty, Inc.; R. J. Developers, Inc. and Joseph F. Hettinger shall all be named thereunder as additional insureds as their interest shall appeal, and each of said parties shall be entitled to rereive evidence of the insurance coverage. 15. ASSIGNMENT. Tenant Shall not transfer, assign, sublet or pledge this Lease or Tenant's interest in the demised premises without the prior written consent of the Lessor. As a condition of any such consent, Tenant shall reimburse Lessor for their reasonable attorney's tees incur-ed in conjunction with the process- ing or documentation of any such requested transaction. The consent to such transactions shall not be unreasonably withheld, provided that Tenant shall remain liable during the term of this Lease and that no uncured uciaultx exist of the time of the r•-quest and granting of such consent. 16. GUARANTY. Steven M. Hauck and David E. Atone hereby uncondi- tionally guarantee the performance by Tenant of Its obligations undt. Lhls Lease for the full term hereof. Steven M. Hauck i _ v 1' Da iJ E. Atone