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CC RES 92-043 RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE THE LEASE TERMINATION AND MUTUAL RELEASE AGREEMENT AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE LEASE AGREEMENT WITH REGARD TO CITY PROPERTY LOCATED AT 2700 HIGHWAY 88 IN THE CITY OF S
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CC RES 92-043 RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE THE LEASE TERMINATION AND MUTUAL RELEASE AGREEMENT AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE LEASE AGREEMENT WITH REGARD TO CITY PROPERTY LOCATED AT 2700 HIGHWAY 88 IN THE CITY OF S
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RES 1992
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CC RES 92-043 RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE THE LEASE TERMINATION AND MUTUAL RELEASE AGREEMENT AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE LEASE AGREEMENT WITH REGARD TO CITY PROPERTY LOCATED AT 2700 HIGHWAY 88 IN THE CITY OF S
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12. QUIET ENJOYMENT. <br /> Lessor agrees and covenants that <br /> gl' Lessee, on paying the rent and <br /> performing the covenants aforesaid, shall and may peaceably and quietly have, hold <br /> and enjoy the Leased Premises for the term aforesaid, except as in this Lease <br /> otherwise provided. <br /> 13. BOND AGAINST LIENS. <br /> It is understood and agreed with respect to all alterations and repairs, <br /> improvements or alterations to the Leased Premises, or any part thereof, which <br /> shall only be with the written consent of Lessor as set forth above, that Lessee shall <br /> and will in each instance save Lessor and the Leased Premises forever harmless and <br /> free from all costs, damages, loss and liability of every kind and character which may <br /> be claimed, asserted or charged, including liability to adjacent owners based upon <br /> the acts of negligence of Lessee or its agents, contractors or employees, or upon the <br /> negligence of any other person or persons in or about the Leased Premises or upon <br /> the failure of any of said parties to observe and comply with any requirement of the <br /> law or with the regulations of the authorities in the City of St. Anthony and will <br /> preserve and hold Lessor and the Leased Premises forever free and clear from liens <br /> for labor and material furnished. Lessee further agrees that it will from time to time <br /> before making any such repairs, improvements or alterations furnish Lessor with a <br /> bond in an amount reasonably satisfactory to Lessor conditioned for the <br /> • performance by Lessee of the matters and things in this Section required to be done <br /> by Lessee. <br /> 14. RIGHT OF RE-ENTRY; SUBLEASING AND TERMINATION OF <br /> LEASE UNDER BANKRUPTCY. <br /> It is further agreed between Lessor and Lessee that this Lease is made <br /> upon the condition that if Lessee shall neglect or fail to keep, observe and perform <br /> any of the covenants and agreements contained in this Lease, which are to be kept, <br /> observed or performed by Lessee, or if the leasehold interest of Lessee shall be taken <br /> on execution or other process of law, or if Lessee shall petition to be or be declared <br /> bankrupt or insolvent according to law, or if Lessee shall vacate the Leased Premises <br /> or abandon the same during the term of this Lease or cease to operate the restaurant <br /> at the Leased Premises as required herein during the term of this Lease, then and in <br /> any of said cases, Lessor may immediately or at any time thereafter, demand, enter <br /> in and upon the Leased Premises, or any part thereof, in the name of the whole, and <br /> take absolute possession of the same fully and absolutely, without such re-entry <br /> working a forfeiture of the rents to be paid and the covenants to be performed by <br /> Lessee for the full term of this Lease, and may at Lessor's election lease or sublet the <br /> Leased Premises, or any part thereof, and after crediting the rent actually collected by <br /> Lessor from such reletting on the rentals stipulated to be paid under this Lease by <br /> -7- <br />
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