CC PACKET 10131987 - Laserfiche WebLink

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DoRSEY & WHITNEY • Mr . Victor -.P. Seiler August 11, 1987 Page Four Lessee will , at its expense, promptly comply with all licensing and permit requirements of any govern- mental authority or agency, and with' any other laws, regulations and governmental orders pertaining to the demised premises or the 'operations of Lessee to be conducted in the demised premises . Lessee will pay all license fees , taxes and other charges by any governmental authority on Lessee ' s property or fixtures or business in the demised premises or relating to Lessee ' s use of the demised premises. Lessee- will not commit or permit any act or omission which results in the violation of any law, governmental regulation or insurance policy of Lessor relating to the Building or which will increase Lessor ' s insurance rates on the Building. 12. �� The following should be added at the end of Section 10: and Lessor shall be entitled to the full amount of any award or other payment in connection with any such taking. " 13 . The time periods of 60 days , which appear in three places on page 6, should be changed to 180 days, since if there were total destruction of the building, 60 days would be inadequate to rebuild. 14 . Section 15 should be revised to read as follows: The demised premises are exempt from real estate taxes. Based on the rent to be paid under the provisions of' this Lease, however, Lessor will be required to make payments to the County of Hennepin in lieu of real estate taxes . Lessee agrees that it will reimburse Lessor for any such payments to the County in lieu of real estate taxes . 15. In order to provide for fair and accurate reporting of the gross sales, the following two paragraphs should be added at the end of Section 17 : Lessee will keep in an orderly manner and at . .a location notice of which has been furnished to Lessor, a permanent accurate set of books and records . . of .,all purchases and sales of merchandise and all •