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CC PACKET 07131999
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CC PACKET 07131999
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Last modified
12/30/2015 4:11:22 PM
Creation date
12/30/2015 4:11:05 PM
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SP Box #
17
SP Folder Name
CC PACKETS 1999-2001
SP Name
CC PACKET 07131999
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City of St. Anthony <br /> Lease Agreement for <br /> . 2800 Kenzie Terrace <br /> Page 5 <br /> however, that if the premises can be repaired within ninety (90) days from the date of such event, <br /> then at Landlord's option by notice in writing to Tenant mailed within thirty (30) days after such <br /> damage or destruction, this Lease shall remain in full force-and effect, but the rent for the period <br /> during which the premises are untenantable shall be discounted pro-rata. <br /> ARTICLE 12. EMINENT DOMAIN. <br /> If such a portion of the leased premises are taken by any public authority under the power of <br /> eminent domain as to render the remaining portion unsuitable for the purposes intended hereunder, <br /> then the term of this Lease shall cease as of the day possession shall be taken by such public <br /> authority, and Landlord shall make a pro-rata refund of any rent that may have been paid in <br /> advance. All damages awarded for such taking under the power of eminent domain shall belong <br /> to and be the property of Landlord, irrespective of the basis upon which they are awarded. <br /> ARTICLE 13. SURRENDER. <br /> On the last day of the term of this Lease or on the sooner termination thereof, Tenant shall <br /> peaceably surrender the leased premises in good condition and repair consistent with the Tenant's <br /> duty to make repairs as provided in Article 5 hereof. On or before the last day of the term of the <br /> Lease or the sooner termination thereof, Tenant shall at its expense remove all of its equipment <br /> from the leased premises, and any property not removed shall be deemed abandoned. Tenant shall <br /> reimburse Landlord for any expenses incurred by Landlord with respect to removal or storage of <br /> abandoned property. All alterations, additions and fixtures, other than Tenant's equipment, which <br /> have been-made or installed by either Landlord or-Tenant upon the leased premises shall remain <br /> as Landlord's property and shall be surrendered with the leased premises as a part thereof. If the <br /> leased premises be not surrendered at the end of the term or sooner termination thereof, Tenant <br /> shall indemnify Landlord against loss or liability resulting from delay by Tenant in so surrendering <br /> the premises, including, without litigation, claims made by any succeeding tenant founded on such <br /> delay, and attorneys fees. Tenant shall promptly surrender all keys for the leased premises to <br /> Landlord at the place then-fixed for payment of rent and shall inform Landlord of combinations <br /> on any locks and safes on the.leased premises. <br /> ARTICLE 14. NON-PAYMENT OF RENT: DEFAULTS. <br /> If any one or more of the following occurs, (1) a rent payment from Tenant to Landlord shall be <br /> and remain unpaid in whole or in part for more than fifteen (15) days after notice from the <br /> Landlord; (2) Tenant shall violate or default any of the other covenants, agreement, stipulations, <br /> or conditions herein, and such violation or default shall continue for a period of ten(10)days after <br /> written notice from landlord of such violation or default; or (3) if Tenant shall be adjudged <br /> bankrupt or file a petition in bankruptcy or otherwise indicates insolvency or becomes insolvent; <br /> then it shall be optional for Landlord to declare this Lease forfeited and the same term ended, and <br /> to re-enter said premises, with or without process of law, using such force as may be necessary <br />
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