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Agenda - 01-21-20 8-l - Lease of 308 W. Franklin Street and Suite 101 at the Europa Center, and Approval of Budget Amendment #4-C
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Agenda - 01-21-20 8-l - Lease of 308 W. Franklin Street and Suite 101 at the Europa Center, and Approval of Budget Amendment #4-C
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BOCC
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1/21/2020
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Advisory Bd. Minutes
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13 <br /> components of such rate, shall be conclusive evidence of the several items and charges which make <br /> up the insurance rate on the premises. <br /> (b) Commit or suffer to be committed by any person any waste upon the Demised Premises or any <br /> nuisance or other act or thing which may disturb the quiet enjoyment of any person within five <br /> hundred(500) feet of the boundaries of the Demised Premises. <br /> SIGNS <br /> 14. (a) Tenant shall not decorate,paint or in any manner alter the exterior of the Demised Premises, or any <br /> part thereof, except in accordance with its duties pursuant to Article 12 hereof, and shall not install <br /> or affix any sign, device, fixture or attachment on or to the exterior of the Demised Premises, or <br /> within the boundaries of the Demised Premises, without first obtaining Landlord's written consent. <br /> If Tenant shall do any of the foregoing acts in contravention of this provision, Landlord shall have <br /> the right to remove any such decoration, paint, alteration, sign, device, fixture or attachment and <br /> restore the Demised Premises to the condition thereof prior to such act, and the cost of such <br /> removal and restoration shall be paid by Tenant as additional rental on the first day of the month <br /> next following such removal or restoration. <br /> (b) Tenant, at its expense, shall furnish and install at an appropriate location on the exterior of said <br /> premises an identification sign of such design, content, form, size and material as it may select for <br /> the purpose of designating the business conducted therefrom as that of Tenant's, such sign to be <br /> approved by Landlord or Landlord's architect in writing. Sign must be approved by Town of <br /> Chapel per their sign ordinance. <br /> RIGHTS OF LANDLORD <br /> 15. Landlord reserves in addition to, and not in substitution for other rights reserved herein, the following <br /> rights with respect to the Demised Premises: <br /> (a) At all reasonable times, by itself or its duly authorized agents, to go upon and inspect the Demised <br /> Premises and every part thereof, and at its option to make repairs, alterations and additions to the <br /> Demised Premises or the building of which the Demised Premises are a part. <br /> If tenant shall not be personally present to open and permit an entry by Landlord into the Demised <br /> Premises, at any time, and for any reason an entry thereof shall be necessary in the sole discretion <br /> of Landlord,Landlord or Landlord's agents may enter the same without rendering Landlord or such <br /> agents liable therefore. <br /> (b) To display a "For Sale" sign at any time, and also, after notice from either party of intention to <br /> terminate this Lease Agreement or at any time within one (1) year prior to the expiration of this <br /> Lease Agreement, to display a"For Rent" sign, or both "For Rent" and"For Sale" signs, and all of <br /> said signs shall be placed upon said part of the Demised Premises as Landlord shall require, except <br /> on display windows or door or doors leading into the Demised Premises. Prospective purchasers or <br /> tenants authorized by Landlord may inspect the Demised Premises at reasonable hours. <br /> The exercise of any right reserved to Landlord in this Article, or otherwise, shall never be deemed <br /> an eviction or disturbance of Tenant's use and possession of the Demised Premises and shall never <br /> render Landlord liable in any manner to Tenant or to any other person. <br /> CASUALTY INSURANCE AND DAMAGE TO PREMISES <br /> 16. (a) Tenant will maintain All Risk fire insurance to include loss of rents of the Demised Premises, with <br /> Landlord specifically listed as co-insured. If the Demised Premises shall be damaged by fire or other <br /> casualty of the kind insured against in All Risk policies of fire insurance but are not thereby rendered <br /> untenantable in whole or in part, Tenant shall promptly, at its own expense and to the extent required <br /> by its original obligation to build, cause such damage to be repaired, and the rent shall not be abated. If <br /> by reason of such occurrence,the Demised Premises shall be rendered untenantable only in part, Tenant <br /> Initials <br /> 10 <br /> (308 W.Franklin St.) Landlord Tenant <br />
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