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RES 83-016 RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE SUB-LEASE FOR OFFICE SPACE IN THE PARKVIEW BUILDING WITH THE ST. ANTHONY DEVELOPMENTAL LEARNING CENTER
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RES 83-016 RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE SUB-LEASE FOR OFFICE SPACE IN THE PARKVIEW BUILDING WITH THE ST. ANTHONY DEVELOPMENTAL LEARNING CENTER
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12/30/2015 6:57:54 PM
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RES 1983
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RES 83-016 RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE SUB-LEASE FOR OFFICE SPACE IN THE PARKVIEW BUILDING WITH THE ST. ANTHONY DEVELOPMENTAL LEARNING CENTER
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-8- <br /> such <br /> -8-such lien to be .discharged at the time performance of any obliga- <br /> tion secured thereby matures , provided that .Tenant may , upon <br /> depositing and maintaining, with Landlord. a sum reasonably satisfactory <br /> to Landlord to .protect Landlord'.s interest in the leased premises <br /> from such lien, contest suchlien, but if such lien is reduced to <br /> final judgement or process thereon is not stayed,- or if stayed and <br /> said stay expires , then and each such event Tenant shall forwith <br /> pay and discharge said judgement.. Landlord shall have the right <br /> to post and maintain on the leased premises, notices of non-responsi- <br /> bility under the laws of Minnesota. <br /> ARTICLE 17 . SUBORDINATION. Tenant agrees that this Lease shall <br /> be subordinate to any mortgages or trust deeds now on or hereafter <br /> placed upon said premises and to any and all advances to be made <br /> thereunder, and to the interest ,-thereon, and all renewals , replace- <br /> ments , and extensions thereof. <br /> ® ARTICLE 18. GENERAL. This Lease does not create the relationship <br /> of principal and agent or of partnership or of joint venture or of any <br /> association between Landlord and Tenant, the sole relationship between <br /> Landlord and Tenant being that of landlord and tenant. No waiver of <br /> any default of. Tenant hereunder shall be implied from any omission by <br /> Landlord to take any action on account of such default if such default <br /> persists or is repeated, and no expres's waiver shall affect any default <br /> other than the default specified in the- express waiver and that only <br /> for the time and to the extent therein stated. Each term and each <br /> provision of this Lease performable by Tenant shall be construed to <br /> be both a covenant and a condition. All preliminary negotiations are <br /> merged into and incorporated in this Lease. This Lease can only be <br /> modified or amended by an Agreement in writing, signed by the parties <br /> hereto.. All provisions hereof shall be binding upon the heirs , <br /> 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 <br /> addresses set out after their -respective signatures . Any and all <br /> ® indebtedness owing by the Tenant to the Landlord pursuant to the terms <br /> of this Lease which remains unpaid for a. period of thirty (30) days <br />
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