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RES 81-030 RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE OFFICE SPACE LEASE WITH RADIX PRODUCT DEVELOPMENT, INC. FOR RENATL AT 2800 KENZIE TERRACE
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RES 81-030 RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE OFFICE SPACE LEASE WITH RADIX PRODUCT DEVELOPMENT, INC. FOR RENATL AT 2800 KENZIE TERRACE
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RES 1981
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RES 81-030 RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE OFFICE SPACE LEASE WITH RADIX PRODUCT DEVELOPMENT, INC. FOR RENATL AT 2800 KENZIE TERRACE
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-5- <br /> installed by either Landlord or Tenant upon the leased premises <br /> • shall remain as' Landlord.' s property and shall be surrendered with <br /> the leased premises' as a part thereof. If the leased premises be <br /> not surrendered at the end. of .the termor sooner termination- thereof, <br /> Tenant shall. indemnify Landlord against. loss or liability resulting <br /> from delay by Tenant -in so- surrendering -the premises, including, <br /> without limitation, claims .made by any succeeding tenant founded <br /> on such. delay, and attorneys= fees. . Tenant shall promptly surrender <br /> all keys for -the .leased. premises to. Landlord at the place then fixed <br /> for payment of rent and: shall_ ,inform Landlord of combinations on any <br /> locks and ..safes. on the leased premises. <br /> ARTICLE. 14.. NON-PAYMENT OF .-RENT: =DEFAULTS. If- any one or <br /> more of.. the following: occurs,;. l). a:-rent payment from Tenant to <br /> Landlord shall be and ,remain: unpaid in whole or .in part for more <br /> than .fifteen (:15) days. after notice '.fr.om the Landlord; 2) Tenant <br /> shall violate or -default any- of the other covenants, agreements, <br /> stipulations, or .conditions: herein,:- and .such, violation or default <br /> shall continue, for .a period of ten (10) days after written notice <br /> from Landlord of such violation or .default;. or 3). if Tenant shall <br /> be .adjudged bankrupt or file a petition in bankruptcy or otherwise <br /> indicates insolvency or becomes :in-solvent; then it. .shall be optional <br /> for Landlord to .declare this Lease forfeited -and -the :said term ended, <br /> and to re-enter said premises, with or without process of law, using <br /> such .forceas may be necessary to remove all persons or chattels <br /> therefrom, and ,Landlord shall not be liable. for damage .by reason of <br /> such re-entry or. forfeiture; ` but notwithstanding re-entry by Landlord <br /> or forfeiture or termination of this .Lease, the liability of Tenant <br /> for the rent provided for herein .shall not be relinquished or ex- <br /> tinguished for the balance of the .term of this. Lease. — Tenant will <br /> pay, in .addition to the rentals- and other sums agreed -to be paid <br /> hereunder, such additional sums .as .the court. may adjudicate reason- <br /> able, as attorney' s fees in any suit or action instituted by Landlord <br /> to enforce the provisions of this Lease,- or the collection of the <br /> rentals due Landlord hereunder. <br /> ARTICLE 15 . HOLDING OVER.. In the event Tenant- remains in <br /> possession of the premises herein leased after the expiration of <br /> this Lease. and without the execution of a new lease, it shall be <br /> deemed. to be occupying said .premises as a tenant from month to <br /> month, subject to all the conditions, provisions, and obligations <br /> of this Lease insofar as the same can be applicable to a month-to- <br /> month tenancy. <br /> ARTICLE. 16 . . COVENANTS TO HOLD HARMLESS. Except in the case <br /> ofnegligence of Landlord, its agents or employees , Tenant agrees <br /> to hold Landlord harmless for any liability for damages to any per- <br /> son or property in or about the leased premises.. All property <br /> kept, stored, or maintained in the leased premises shall be so kept, <br /> stored or maintained at the sole risk of Tenant. Tenant agrees to <br /> pay all sums of money in respect of any labor,, services, materials, <br /> supplies or equipment furnished or alleged to ,have been furnished <br /> • to Tenant in or about the leased premises which may- be secured by <br /> any mechanic' s, materialmen' s or other lien against the leased <br /> premises or the Landlord' s interest therein and .will cause each <br /> such lien to be discharged at the time, performance of any obliga- <br /> tion secured thereby matures, provided that Tenant may, ..upon -- <br />
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