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CC PACKET 11221994
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CC PACKET 11221994
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12/31/2015 8:17:11 AM
Creation date
12/30/2015 6:22:34 PM
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SP Box #
22
SP Folder Name
CC PACKETS 1994-1998
SP Name
CC PACKET 11221994
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City of St. Anthony <br /> Lease Agreement for <br /> 2800 Kenzie Terrace <br /> Page 7 <br /> ARTICLE 15. HOLDING OVER. <br /> In the event Tenant remains in possession of the premises herein leased after the <br /> expiration of this Lease and without the execution of a new lease, it shall be deemed to <br /> be occupying said premises as a tenant from month to month, subject to all the <br /> conditions, provisions, and obligations of this lease insofar as the same can be <br /> applicable to a month-to-month tenancy. <br /> ARTICLE 16. COVENANTS TO HOLD HARMLESS. <br /> Except in the case of negligence of Landlord, its agents or employees, Tenant agrees <br /> to hold Landlord harmless for any liability for damages to any person or property in or <br /> about the leased premises. All property kept, stored, or maintained in the leased <br /> premises shall be so kept, stored, or maintained at the sole risk of Tenant. Tenant <br /> agrees to pay all sums of money in respect of any labor, services, materials, supplies <br /> or equipment furnished or alleged to have been furnished to Tenant in or about the <br /> leased premises which may be secured by any mechanic's, materialmen's or other lien <br /> against the leased premises or the Landlord's interest therein and will cause each such <br /> lien to be discharged at the time performance of any obligation secured thereby <br /> matures, provided that Tenant may, upon depositing and maintaining with Landlord a <br /> sum reasonably satisfactory to Landlord to protect Landlord's interest in the leased <br /> premises from such lien, contest such lien, but if such lien is reduced to final judgement <br /> or process thereon is not stayed, or if stayed and said stay expires, then and each such <br /> event Tenant shall forthwith pay and discharge said judgement. Landlord shall have the <br /> right to post and maintain on the leased premises, notices of non-responsibility under <br /> the laws of Minnesota. <br /> ARTICLE 17. SUBORDINATION. <br /> Tenant agrees that this Lease shall be subordinate to any mortgages or trust deeds now <br /> on or hereafter placed upon said premises and to any and all advances to be made <br /> thereunder, and to the interest thereon, and all renewals, replacements, and extensions <br /> thereof. <br /> ARTICLE 18. GENERAL. <br /> This Lease does not create the relationship of principal and agent or of partnership or <br /> of joint venture or of any association between Landlord and Tenant, the sole relationship <br /> between Landlord and Tenant being that of landlord and tenant. No waiver of any <br /> default of Tenant hereunder shall be implied from any omission by Landlord to take any <br /> action on account of such default if such default persists or is repeated, and no express <br />
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