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City of St. Anthony <br /> • Lease Agreement for <br /> 2800 Kenzie Terrace <br /> Page 7 <br /> and Tenant being that of landlord and tenant. No waiver of any default of Tenant hereunder shall <br /> be implied from any omission by Landlord to take any action on account of such default if such <br /> default persists or is repeated, and no express waiver shall affect any default other than the default <br /> specified in the express waiver and that only for the time and to the extent therein stated. Each <br /> term and each provision of this Lease performable by Tenant shall be construed to be both a <br /> covenant and a condition. All preliminary negotiations are merged into and incorporated in this <br /> Lease. This Lease can only be modified or amended by an Agreement in writing, signed by the <br /> parties hereto. All provisions hereof shall be binding upon the heirs, successors and assigns of <br /> each party hereto. Any notice required to be served in writing hereunder shall be mailed to the <br /> parties at the addresses set out after their respective signatures. Any and all indebtedness owing <br /> by the Tenant to the Landlord pursuant to the terms of this Lease which remains unpaid for a <br /> period of thirty (30) days after it first becomes due and payable shall bear interest from and after <br /> the lapse of such thirty (30) day period at the rate of eight percent (8%) per annum. This Lease <br /> shall not be effective until executed by all parties hereto. <br /> ARTICLE 19. TERMINATION. <br /> • Either party shall have the right to terminate this Lease at any time upon ninety (90) days prior <br /> written notice to the other. Tenant shall be given first right to renew Lease after Lease expires, <br /> provided the City of St. Anthony owns the facility at the time the Lease expires. <br /> ARTICLE 20. OTHER PROVISIONS. <br /> Attached is Exhibit A hereto and made a part hereof are Supplemental provisions to this Lease <br /> relating to the following: Diagram of leased space. <br /> IN WITNESS WHEREOF, the parties hereto have executed this Lease the day and yea4r first above <br /> written. <br /> For: CITY OF ST. AN ONY <br /> Date M or <br /> 9 ��p <br /> D to Its City Manager <br /> For: KATHY MARTIN <br /> • / "l <br /> Date Its <br />