Agenda - 06-17-1986 - Laserfiche WebLink

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PAGE 5 1� IN THE EVENT THE PORTION OF THE BUILDING IA IHICH THE LEASED PREMISES 4HE SPECIFICALLY LOCATED DAMAGED SY FIRE, ONAVflIDABLE ACCIDENT , OR CASUALTY AND THE SAME CAN BE REPAIRED :vITHIN NINETY (90) DAYS FROM THE DATE OF SUCH FIRE, UNAVOIDABLE ACCIDENT OR CASUALTY, ThE PARTIES HERETO AGREE THAT SAID LEASED PREMISES SHALL AE REPAIRED AND RESTORED BY LESSOR TO THE . APPROXIMATE CONDITION OF SAID LEASED PREMISES EXISTING BEFORE SAID • FIRE, UNAVOIDAnLE ACCIDENT OR CASUALTY, AND THIS LEASE SHALL REmAItf: IN FULL FuRCE AND EFFECT; PROVIDED, HOWEVER, THAT • THE RENT DURING ThE PERIOD OF REPAIR SE REDUCED TO AN AMOUNT WHICH, IN LESSOR'S OPINION, BEARS THE SAME RATIO TO THE RENT. PROVIDED FOR HEREIN AS THE PORTION; OF THE LEASED PREMISES THAN AVAILABLE FOR USE BEARS TO THE ENTIRE LEASED PREMISES. UPO1I COMPLETION OF SUCH REPAIRS THE RENT HALL THEREAFTER 3E PAID AS PROVIDED FOR HEREIN AS THE PORTION OF THE LEASED PREMISES THEN AVAILABLE FOR USE BEARS TO THE ENTIRE LEASED PREMISES. UPON CONIPLErIUN- OF SUCH REPAIRS THE RENT SHALL THEREAFTER HE PAID AS PROVIDED IN THE PARAGRAPH ABOVE DESIGNATED RENT. ( 12) DEFAULT IN THE EVENT THE TENANT SHALL FAIL TO PAY ANY RENT -1HEN DUE IN ACCORDANCE ,IITH THE TERMS OF THIS LEASE Os< DO OR FAIL TO DO ANY O TIER THING, CONDITION, COVENANT OR REOUIREMENT OF THIS LEASE, AND SUCH DEFAULT SHALL CONTINUE FUR A PERIOD OF THIRTY (301 DAYS AFTER IfTEN +VOTICE • DtLIVERED TO TENANT AT THE LEASED PREMISES OF SUCH DEFAULT, THE LESSOR, AITH0U1 PREJUDICE TO ANY OTHER RIGHTS OH REMEDIES THAT IT MAY HAVE, SHALL HAVE THE RIGHT, IMMEDIATELY UR AT ANY TIME THEREAFTER, TO RE-ENTER THE LEASED PREMISES AND REMOVE ALL PERSONS AND PROPERTY F RUP THE LEASED PREMISES. IN THE EVENT THE TENANT SHALL NEGLECT TO KEEP OR PERFORM ANY OTHER COVENANT, AGREEMENT OR CONDITION OF THIS LEASE 1)'r SHALL FAIL TO CONFORM TO ANY OF THE dUILDING RULES AND REGULATIOi5 `!U:•! IN FORCE OR HEREAFTER ADOPTED bY THE LESSOR, THE LESSOR SHALL GIvE WRITTEN NOTICE OF SUCH DEFAULT TO THE TENANT; AND IN THE EVtI"T THAT SUCH DEFAULT IS NOT RECTIFIED 41THIN FEN ( 10 ) DAYS FRi)M THE DATE OF • SUCH NOTICE, THEN THE LESSOR SHALL HAVE THE RIGHT TO ENTER THE LEASED PREMISES IMMEDIATELY OR AT ANY TIME THEREAFTER AND REMOVE THE TENA0T THEREFROM, WITHOUT PREJUDICE TO ANY OTHER REMEDIES OF THE LESSOR . IN THE EVENT OF ANY SUCH RE-ENTRY, fHE TENANT HEREBY WAIVES ALL CLAIMS FOR DAMAGES NH1CH MAY bE CAUSED BY THE RE-ENTRY OF THE LESSOR ANU °ILL SAVE THE LESSOR HARMLESS FROM ANY LOSS, COST OR DAMAGES 'OCCASIDNtD Y • LESSOR THEREBY AND NO SUCH NE-ENTRY SHALL bE CONSIDERED OR CONSTRUED TO BE FORCIBLE ENTRY. SHOULD THE LESSOR ELEC r TO RE-ENTER THE LEASED PREMISES AS HEREIN PROVIDED, OR SHOULD IT TAKE POSSESSION PURSUANT TO LEGAL PROCEEDINGS, IT MAY EITHER TERMINATE THIS LEASE OR IT MAY, FROM TIME TO TImE, AITHUUT TERMINATING THIS LEASE, RE—LET THE PREMISES OR ANY PART THEREOF ON TENANT ' S ACCOUNT FOR SUCH TIME OR TINES AND AT Si)LH RENTAL f1R RENTALS AND UPON SUCH OTHER TERMS AND CONDITIONS AS THE LESSOR IN ITS SOLE DISCRETION MAY DEEM ADVIS4' LE, NI TH THE RIGHT TO MAKE ALTERATIONS AND :REPAIRS TO ThE LEASED PREMISES, AND THE TENANT SHALL PAY THE AMOUNT OF RENT DUE UNDER THIS LEASE To THE DATE OF ThE bEGIN:NING OF PAYMENT OF RENT PuRStJANT TO ANY SUCH RE-LETTING, TOi FATE)? wI TH THE COST OF SUCH RE-LETTING INCLUDING THE COST OF ANY ALTEPATIOiJS AND NEP.4IRS TO THE LEASED PREMISES, AND 1EIANT -vILL THEREAFTER .AY J8 : 2b: 00 01 JUN 198 -