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City of St. Anthony <br /> School District #282 <br /> Page 9 • <br /> Tenant, the sole relationship between Landlord and Tenant being that of <br /> landlord and tenant. No waiver of any default of either party hereunder shall be <br /> implied from any omission by the other party to take.any action on account of <br /> such default if such default persists or is repeated, and no express waiver shall <br /> affect any default other than the default specified in the express waiver and that <br /> only for the time and to the extent therein stated. Each term and each provision <br /> of this Lease performable by Tenant shall be construed to be both a covenant <br /> and a condition. All preliminary negotiations are merged into and incorporated <br /> in this Lease. This Lease can only be modified or amended by an Agreement in <br /> writing, signed *by the parties hereto. All provisions hereof shall be binding upon <br /> the heirs, successors and assigns of each party hereto. Any notice required to <br /> be served in writing hereunder shall be mailed to the parties at the addresses set <br /> out after their respective signatures. Any and all indebtedness owing by the <br /> Tenant to the Landlord pursuant to the terms of this Lease which remains <br /> unpaid for a period of thirty (30) days after it first becomes due and payable <br /> shall bear interest from and after the lapse of such thirty,(30) day period at the <br /> rate of eight percent (8%) per annum. This Lease shall not be effective until <br /> executed by all parties hereto. <br /> Article 19. TERMINATION. <br /> Either party may terminate this lease upon 90 days written notice to the other <br /> party. <br /> IN WITNESS WHEREOF, the parties hereto have executed this Lease the day and year <br /> first above written. <br /> For: ST. ANTHONY/NEW BRIGHTON For: CITY OF ST. ANTHONY <br /> SCHOOL DISTRICT #282 <br /> Its Chair Its Mayor <br /> Its Clerk Its City Manager <br /> Date Date • <br />