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2018-725-E Housing - Community Home Trust development agreement Lexes Trail
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2018-725-E Housing - Community Home Trust development agreement Lexes Trail
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Last modified
11/14/2018 11:49:13 AM
Creation date
11/6/2018 3:16:25 PM
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Template:
Contract
Date
11/5/2018
Contract Starting Date
11/5/2018
Contract Ending Date
11/4/2117
Contract Document Type
Agreement
Amount
$18,000.00
Document Relationships
R 2018-725 Housing - Community Home Trust development agreement Lexes Trail
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\Board of County Commissioners\Contracts and Agreements\Contract Routing Sheets\Routing Sheets\2018
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If to Lessee: <br /> __________________________ <br /> __________________________ <br /> __________________________ <br /> <br /> All notices, demands, and requests will be effective upon being deposited in the United <br />States Mail or, in the case of personal delivery, upon actual receipt. <br /> <br /> 14.3 NO BROKERAGE: Lessee warrants that it has not dealt with any broker other than <br />__________________ in connection with the consummation of this Lease, and in the event any <br />claim is made against Lessor relative to dealings with brokers other than _________________, <br />Lessee will defend the claim against Lessor with counsel of Lessor’s selection and save harmless <br />and indemnify Lessor on account of loss, cost or damage which may arise by reason of any the <br />claim. <br /> <br /> 14.4 SEVERABILITY AND DURATION: If any part of this Lease is declared <br />unenforceable or invalid, the material will be read out of this Lease and will not affect the <br />validity of any other part of this Lease or give rise to any cause of action of Lessee or Lessor <br />against the other, and the remainder of this Lease will be valid and enforced to the fullest extent <br />permitted by law. It is the intention of the parties that their respective options to purchase and all <br />other rights under this Lease will continue in effect for the full term of this Lease and any <br />renewal thereof, and the options and other rights will be considered to be coupled with an <br />interest. In the event any the option or right will be construed to be subject to any rule of law <br />limiting the duration of the option or right, the time period for the exercising of the option or <br />right will be construed to expire ninety (90) years from the creation of the option or right in <br />question. <br /> <br /> 14.5 WAIVER: The waiver by Lessor at any given time of any term or condition of this <br />Lease, or the failure of Lessor to take action with respect to any breach of any the term or <br />condition, will not be deemed to be a waiver of the term or condition with regard to any <br />subsequent breach of the term or condition, or of any other term or condition of the Lease. <br />Lessor may grant waivers in the terms of this Lease, but the waivers must be in writing and <br />signed by Lessor before being effective. <br /> The subsequent acceptance of Ground Lease Fee payments by Lessor will not be deemed <br />to be a waiver of any preceding breach by Lessee of any term or condition of this Lease, other <br />than the failure of the Lessee to pay the particular Ground Lease Fee so accepted, regardless of <br />Lessor’s knowledge of the preceding breach at the time of acceptance of the Ground Lease Fee <br />payment. <br /> 14.6 LESSOR’S RIGHT TO PROSECUTE OR DEFEND: Lessor will have the right, but <br />will be under no obligation, to prosecute or defend, in its own or the Lessee’s name, any actions <br />or proceedings appropriate to the protection of its title to, and Lessee’s interest in, the Leased <br />Premises. Whenever requested by Lessor, Lessee will give Lessor all reasonable aid in any the <br />action or proceeding. <br /> <br /> 14.7 CONSTRUCTION: Whenever in this Lease a pronoun is used it will be construed to <br />represent either the singular or the plural, masculine or feminine, as the case will demand. <br />DocuSign Envelope ID: 1C608BEC-B713-4BE4-9E53-CD92D598627F
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